NOT LISTED FOR SALE

Estimated Value: $535,340 - $658,000

9 Beds
6 Baths
3,336 Sq Ft
$181/Sq Ft Est. Value

Last Sold February 22, 2021

Last sale price $405,000 $121 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,425/month

14 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Tile Flooring
  • Balcony
  • Storage
  • Central Heating and Cooling System

About This Home

As of February 2021

Great return! Net Income over 38k! 2 units have been recently renovated. Exterior recently painted and interior paint on some of the units. A new rock (white chuck) was laid. With all four units is a total income of 38,220 + 2160 from laundry. This a great investment! Will pay itself off in less than 10 years.

Last Agent to Sell the Property

Angel Martinez

BHHS Nevada Properties License #S.0181113 Listed on: 01/08/2021

BHHS Nevada Properties

Last Buyer's Agent

Melissa Collins

THE Brokerage A RE Firm License #S.0177796

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,406

Year Built

  • Built in 1963

Lot Details

  • 7,841 Sq Ft Lot
  • Property is in average condition

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 3,336 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Storage

Flooring

  • Carpet
  • Tile

Laundry

  • Laundry Room
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for sewer, trash collection

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Continental Park #1 Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,406

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Subdivision Name: Continental Park #1
  • Directions: From E Desert Inn Rd & Maryland Pkwy - Head West on Desert INN, L on Athens St
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1963
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1963

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Appliances: Refrigerator, Washer
  • Flooring: Carpet, Tile
  • Interior Amenities: Storage
  • Living Area: 3336.0
  • Window Features: Blinds

Exterior Features

  • Construction Type: Stucco
  • Patio And Porch Features: Balcony
  • Property Condition: Average Condition, Resale
  • Roof: Flat

Utilities

  • Laundry Features: Common Area, Washer Hookup, Dryer Hookup, Laundry Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Laundry
  • Association: No

Schools

Lot Info

  • Lot Size Sq Ft: 7841.0
  • Additional Parcels Description: ---
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 6 Months
  • Tenant Pays: Sewer, Trash Collection

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 40380.0
  • Annual Operating Expense: 1911.0

Tax Info

  • Tax Annual Amount: 1406.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2021
Closed on
Feb 11, 2021
Sold by
Valencia Noe Flores
Bought by
Zaldana Hector Juan and Parkison Supin
Seller's Agent
Angel Martinez
BHHS Nevada Properties
Buyer's Agent
Melissa Collins
THE Brokerage A RE Firm
List Price
$405,000
Sold Price
$405,000
Current Estimated Value
$603,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,585
Avg. Annual Appreciation
8.40%
Original Mortgage
$370,878
Outstanding Balance
$335,210
Interest Rate
2.65%
Mortgage Type
FHA
Estimated Equity
$252,161

Purchase Details

Listed on
Feb 1, 2020
Closed on
Jun 12, 2020
Sold by
Ramos Nancy Giselle Esquivel
Bought by
Valencia Noe Flores
Seller's Agent
Alberto Saab
BHHS Nevada Properties
Buyer's Agent
Angel Martinez
BHHS Nevada Properties
List Price
$375,000
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.62%
Original Mortgage
$368,207
Interest Rate
3.2%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 1, 2020
Closed on
May 20, 2020
Sold by
Hussein Ayad and Makassees Alyaa H
Bought by
Valencia Noe Flores
Seller's Agent
Alberto Saab
BHHS Nevada Properties
Buyer's Agent
Angel Martinez
BHHS Nevada Properties
List Price
$375,000
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,207
Interest Rate
3.2%
Mortgage Type
FHA

Purchase Details

Closed on
May 3, 2018
Sold by
Alosha Hookahflavor Llc
Bought by
Hassein Ayad and Makassees Alyaa H

Purchase Details

Closed on
Dec 27, 2017
Sold by
Makassees Alyaa and Hussein Ayad R
Bought by
Alosha Hookahflavor Llc

Purchase Details

Listed on
Jan 11, 2017
Closed on
Mar 14, 2017
Sold by
Karmi Moshe and Karmi Janet
Bought by
Hussein Ayad R and Makassees Alyaa
Seller's Agent
barak asulin
BPM Realty
Buyer's Agent
Luisito Espanola
American Realty Properties LLC
List Price
$249,995
Sold Price
$282,500
Premium/Discount to List
$32,505
13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.94%
Original Mortgage
$203,400
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 24, 2013
Closed on
Aug 13, 2013
Sold by
Sunbase Acquisitions Llc
Bought by
Karmi Moshe
Seller's Agent
Jiunn Chu
AHP Realty LLC
Buyer's Agent
Patricia Giron
Realty ONE Group, Inc
List Price
$189,900
Sold Price
$178,000
Premium/Discount to List
-$11,900
-6.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.73%
Original Mortgage
$7
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2013
Sold by
Sliwka Robert
Bought by
Sunbase Acquisitions Llc

Purchase Details

Closed on
Mar 29, 2002
Sold by
Rodriguez Claudio and Ramirez Maria G
Bought by
Sliwka Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,726
Interest Rate
6.78%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 15, 1998
Sold by
Gutierrez Felicitas
Bought by
Gutierrez Jose Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,800
Interest Rate
10.12%

Purchase Details

Closed on
Sep 14, 1998
Sold by
Hudson Michelle
Bought by
Gutierrez Jose L and Delgado Agapita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,800
Interest Rate
10.12%

Purchase Details

Closed on
Jun 2, 1998
Sold by
Hudson Michelle
Bought by
Rodriguez Claudio and Rodriguez Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,361
Interest Rate
7.1%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zaldana Hector Juan $405,000 Equity Title Of Nevada
Valencia Noe Flores -- Ticor Title Green Valley
Valencia Noe Flores $375,000 Ticor Title Green Valley
Hassein Ayad -- None Available
Alosha Hookahflavor Llc -- None Available
Hussein Ayad R $282,500 National Title Co
Karmi Moshe $178,000 None Available
Sunbase Acquisitions Llc $129,000 None Available
Sliwka Robert $235,000 Land Title
Gutierrez Jose Luis -- First American Title Co
Gutierrez Jose L $186,000 First American Title Co
Rodriguez Claudio $187,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zaldana Hector Juan $370,878
Previous Owner Valencia Noe Flores $368,207
Previous Owner Hussein Ayad R $203,400
Previous Owner Karmi Moshe $7
Previous Owner Sliwka Robert $231,726
Previous Owner Gutierrez Jose L $148,800
Previous Owner Rodriguez Claudio $181,361
Closed Gutierrez Jose L $18,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2021 02/22/21 Sold $405,000 0.0% $121 / Sq Ft
01/23/2021 01/23/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $405,000 +8.0% $121 / Sq Ft
06/12/2020 06/12/20 Sold $375,000 0.0% $112 / Sq Ft
05/13/2020 05/13/20 Pending -- -- --
02/01/2020 02/01/20 For Sale $375,000 +32.7% $112 / Sq Ft
03/15/2017 03/15/17 Sold $282,500 +13.0% $85 / Sq Ft
02/13/2017 02/13/17 Pending -- -- --
01/11/2017 01/11/17 For Sale $249,995 +40.4% $75 / Sq Ft
08/14/2013 08/14/13 Sold $178,000 -6.3% $53 / Sq Ft
07/15/2013 07/15/13 Pending -- -- --
05/24/2013 05/24/13 For Sale $189,900 -- $57 / Sq Ft
Source: Las Vegas REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,705 $73,205 $38,500 $34,705
2024 $2,544 $73,205 $38,500 $34,705
2023 $2,544 $62,564 $32,200 $30,364
2022 $2,393 $59,026 $30,800 $28,226
2021 $1,550 $54,305 $28,000 $26,305
2020 $1,406 $53,758 $28,000 $25,758
2019 $1,317 $51,613 $26,600 $25,013
2018 $1,257 $48,859 $25,200 $23,659
2017 $1,338 $45,605 $22,400 $23,205
2016 $1,178 $42,378 $19,600 $22,778
2015 $1,174 $38,768 $16,800 $21,968
2014 -- $37,998 $16,800 $21,198
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2260221

Las Vegas REALTORS®

APN: 162-15-510-040