NOT LISTED FOR SALE

3355 Covey Ln Las Vegas, NV 89115

Estimated Value: $415,000 - $897,000

8 Beds
4 Baths
3,080 Sq Ft
$196/Sq Ft Est. Value

Last Sold July 15, 2016

Last sale price $199,000 $65 Per Sq Ft

Est. 203% increase in value since last sale

Current estimated payment $3,450/month

81 Days on Market

About This Home

As of July 2016

GREAT INVESTMENT OPPORTUNITY. NICE FOURPLEX WITH 2 BEDROOM 1 BATHROOM UNITS. TENANTS FROM 3 UNITS ARE LONG TIME TENANTS AND PAY ON TIME. UNIT #3 MOVED IN 2 MONTHS AGO.

Last Agent to Sell the Property

zorik arakelyan

IHOME Realty LLC License #B.0143249 Listed on: 03/25/2016

Last Buyer's Agent

Jesse Fonseca

Park Place Realty License #B.0143790

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $914

Year Built

  • Built in 1980

Lot Details

  • 10,019 Sq Ft Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,080 Sq Ft Home
  • 2-Story Property
  • Blinds

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>

Flooring

  • Carpet
  • Ceramic Tile

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Maintenance Expense $2,320
  • Professional Management Expense $1,007

Listing and Financial Details

  • Tax Lot B

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$914

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • CapRate: 5.81
  • Professional Management Expense: 1007.0
  • Subdivision Name: NONE
  • Directions: FROM I-15 AND CHEYENNE, GO EAST ON CHEYENNE PAST CSN, PAST PECOS TO QUEEN, GO NORTH ON QUEEN TO IRWIN, GO EAST ON IRWIN TO COVEY AND THEN HEAD NORTH ON COVEY TO PROPERTY
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1980
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2
  • Year Built: 1980

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oven, Range, Refrigerator
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 3080.0
  • Window Features: Blinds

Exterior Features

  • Construction Type: Stucco, Wood Frame
  • Property Condition: Good Condition, Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 1475.0

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 10019.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 1
  • Annual Gross Income: 19800.0
  • Insurance Expense: 980.0
  • Maintenance Expense: 2320.0
  • Annual Operating Expense: 8239.0

Tax Info

  • Tax Annual Amount: 914.0
  • Tax Block: 0
  • Tax Lot: B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2016
Closed on
Jul 13, 2016
Sold by
Vardaperyan Asya
Bought by
Gonzalez Ricardo Velazquez
Seller's Agent
zorik arakelyan
IHOME Realty LLC
Buyer's Agent
Jesse Fonseca
Park Place Realty
List Price
$199,000
Sold Price
$199,000
Current Estimated Value
$603,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,139
Avg. Annual Appreciation
13.30%
Original Mortgage
$149,250
Outstanding Balance
$120,813
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$491,994

Purchase Details

Listed on
Mar 25, 2016
Closed on
Jul 12, 2016
Sold by
Sandoval Lourdes
Bought by
Velazquez Gonzalez Ricardo
Seller's Agent
zorik arakelyan
IHOME Realty LLC
Buyer's Agent
Jesse Fonseca
Park Place Realty
List Price
$199,000
Sold Price
$199,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,250
Outstanding Balance
$120,813
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$491,994

Purchase Details

Listed on
Sep 18, 2014
Closed on
Nov 13, 2014
Sold by
Vardapetyan Artyom
Bought by
Verdapetyan Asya
Seller's Agent
Jewel Taylor
eXp Realty
Buyer's Agent
zorik arakelyan
IHOME Realty LLC
List Price
$165,000
Sold Price
$160,500
Premium/Discount to List
-$4,500
-2.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.74%

Purchase Details

Closed on
Nov 22, 2011
Sold by
The Gralnick Family Trust
Bought by
Mauna Kea Properties Llc

Purchase Details

Closed on
Oct 11, 2011
Sold by
Gralnick Michael
Bought by
Gralnick Kimberly Christina

Purchase Details

Closed on
Jul 1, 2011
Sold by
Watkins Paul and Watkins Linda
Bought by
Shteremberg Reina

Purchase Details

Closed on
May 26, 2011
Sold by
Jdy Associates Llc
Bought by
Shteremberg Reina

Purchase Details

Closed on
Oct 26, 2010
Sold by
Foreman Clarence and Foreman Francine
Bought by
Shteremberg Reina

Purchase Details

Closed on
Feb 7, 2005
Sold by
Cazares Rigoberto and Cazares Maria F
Bought by
Foreman Clarence and Foreman Francine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
May 25, 2001
Sold by
Cazares Rigoberto and Cazares Maria F
Bought by
Cazares Rigoberto and Cazares Maria F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,385
Interest Rate
7.15%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 9, 1995
Sold by
Lo Anthony
Bought by
Cazares Rigoberto and Cazares Maria F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,162
Interest Rate
7.62%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gonzalez Ricardo Velazquez $199,000 Lawyers Title Of Nevada
Vardapetyan Asya -- Lawyers Title Of Nevada Cha
Velazquez Gonzalez Ricardo -- Lawyers Title Of Nevada
Verdapetyan Asya -- Noble Title
Vardapetyan Asya $160,500 Noble Title
Mauna Kea Properties Llc -- Accommodation
The Gralnick Family Trust -- National Title Company
Gralnick Kimberly Christina -- Fidelity National Title Las
Gralnick Kimberly Christina $115,000 Fidelity National Title Las
Shteremberg Reina -- First American Title Paseo
Shteremberg Reina -- First American Title Paseo
Shteremberg Reina -- First American Title Paseo
Shteremberg Reina -- First American Title Paseo
Shteremberg Reina -- First American Title Paseo
Shteremberg Reina -- First American Title Paseo
Shteremberg Reina $81,000 None Available
Foreman Clarence $340,000 Fidelity National Title
Cazares Rigoberto -- Land Title
Cazares Rigoberto $141,000 Ati Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velazquez Gonzalez Ricardo $149,250
Previous Owner Foreman Clarence $283,000
Previous Owner Foreman Clarence $272,000
Previous Owner Cazares Rigoberto $138,385
Previous Owner Cazares Rigoberto $139,162
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2016 07/15/16 Sold $199,000 0.0% $65 / Sq Ft
06/15/2016 06/15/16 Pending -- -- --
03/25/2016 03/25/16 For Sale $199,000 +24.0% $65 / Sq Ft
11/14/2014 11/14/14 Sold $160,500 -2.7% $52 / Sq Ft
10/15/2014 10/15/14 Pending -- -- --
09/18/2014 09/18/14 For Sale $165,000 -- $54 / 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 $1,423 $83,315 $43,750 $39,565
2024 $1,318 $83,315 $43,750 $39,565
2023 $1,318 $83,407 $45,500 $37,907
2022 $1,277 $71,656 $35,000 $36,656
2021 $1,182 $63,434 $28,000 $35,434
2020 $1,095 $62,433 $26,250 $36,183
2019 $1,026 $59,169 $22,750 $36,419
2018 $979 $52,269 $16,625 $35,644
2017 $1,514 $51,626 $15,400 $36,226
2016 $1,568 $51,056 $13,125 $37,931
2015 $915 $48,272 $10,500 $37,772
2014 $886 $33,148 $10,500 $22,648
Source: Public Records

Agents Affiliated with this Home

  • z

    Seller's Agent in 2016

    zorik arakelyan

    IHOME Realty LLC

    2 in this area

    161 Total Sales

    zorik arakelyan
    Section Image

  • J

    Buyer's Agent in 2016

    Jesse Fonseca

    Park Place Realty

    (702) 736-3000

    2 in this area

    9 Total Sales

    Jesse Fonseca
    Section Image

  • J

    Seller's Agent in 2014

    Jewel Taylor

    eXp Realty

See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 1618592

Las Vegas REALTORS®

APN: 140-07-402-006

Nevada Clark County Las Vegas 89115

3355 Covey Ln, Las Vegas, NV

This home is located at 3355 Covey Ln, Las Vegas, NV 89115 since 25 March 2016 and is currently estimated at $603,139, approximately $195 per square foot. This property was built in 1980. 3355 Covey Ln is a home located in Clark County with nearby schools including Clyde C Cox Elementary School, Gwendolyn Woolley Elementary School, and Von Tobel Middle School.

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