$257,000
SOLD APR 20, 2017
-- Bed
-- Bath
3,336 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$77 Per Sq Ft

14% Above List Price

215 Days on Market

Highlights

  • Balcony
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Laundry Room
  • Programmable Thermostat

About This Home

As of February 2024

Great cash flow with super long-term tenants. Potential to higher rents. 4 units are rented. Start to generate rents right away. One unit is 3 bd, 2 ba. One unit is 2 bd, 2 ba. Two units are 2 bd, 1ba. New roof and new main sewer line. Major renovation was done in late 2012. All tile floor. Near bus stop, school, shopping, hospital. No HOA. Brand new exterior painting and brand new AC unit in Mar 2017.

Last Agent to Sell the Property

Cindy Nguyen

Orange Realty Group LLC License #S.0053943 Listed on: 08/17/2016

Last Buyer's Agent

John Fleckenstein

Las Vegas Realty LLC License #B.0039739

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,178

Year Built

  • Built in 1963

Lot Details

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

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,336 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Ceramic Tile Flooring

Kitchen

  • Oven
  • Range

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Programmable Thermostat
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 4 Units
  • Continental Park #1 Subdivision

Building Details

  • Maintenance Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,178

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • CapRate: 8.13
  • Subdivision Name: CONTINENTAL PARK #1
  • Directions: From Desert Inn and Maryland Pkwy, W on DI, make a 3rd L onto Athens. Property is on the left.
  • 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

  • Number Of Buildings: 1
  • Appliances: Dryer, Gas Water Heater, Oven, Range, Refrigerator
  • Flooring: Ceramic Tile
  • Interior Amenities: Programmable Thermostat
  • Window Features: Blinds

Exterior Features

  • Disclosures: Familial Relation
  • Construction Type: Stucco
  • Patio And Porch Features: Balcony
  • Property Condition: Average Condition, Resale
  • Roof: Composition, Shingle

Utilities

  • Laundry Features: Laundry Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 2044.0

Condo/Co-op/Association

  • Amenities: None

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 7841.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4
  • Insurance Expense: 1100.0
  • Maintenance Expense: 1000.0
  • Annual Operating Expense: 5945.0

Tax Info

  • Tax Annual Amount: 1178.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2024
Sold by
Scott Bran Jacob
Bought by
Jenkins & Co Properties Llc
Current Estimated Value
$632,282

Purchase Details

Listed on
Jul 10, 2023
Closed on
Feb 27, 2024
Sold by
Jlrs Llc
Bought by
Scott Bran Jacob
Seller's Agent
Niall Crossan
Vice Realty
Buyer's Agent
James Alamillo
Signature Real Estate Group
List Price
$595,000
Sold Price
$590,000
Premium/Discount to List
-$5,000
-0.84%
Views
69

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.21%
Original Mortgage
$442,600
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 10, 2023
Closed on
Feb 26, 2024
Sold by
Orourke Elane
Bought by
Scott Bran Jacob
Seller's Agent
Niall Crossan
Vice Realty
Buyer's Agent
James Alamillo
Signature Real Estate Group
List Price
$595,000
Sold Price
$590,000
Premium/Discount to List
-$5,000
-0.84%
Views
69

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,600
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2021
Sold by
Spieler Jason A and Beltran Lauren A
Bought by
Spieler Jason A and Beltran Lauren A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,602
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2019
Sold by
Morozov Raphael and Morozov Alexandra
Bought by
Jlrs Llc

Purchase Details

Listed on
Jan 28, 2019
Closed on
Aug 7, 2019
Sold by
Accrete Chien I Llc
Bought by
Spieler Jason A and Beltran Lauren A
Seller's Agent
John Fleckenstein
Las Vegas Realty LLC
Buyer's Agent
Niall Crossan
Vice Realty
List Price
$359,000
Sold Price
$338,000
Premium/Discount to List
-$21,000
-5.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.95%
Original Mortgage
$253,500
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 17, 2016
Closed on
May 30, 2017
Sold by
Accrete Chien I Llc
Bought by
Accrete Chien I Llc and Appreciate Investments Llc
Seller's Agent
Cindy Nguyen
Orange Realty Group LLC
Buyer's Agent
John Fleckenstein
Las Vegas Realty LLC
List Price
$225,000
Sold Price
$257,000
Premium/Discount to List
$32,000
14.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.53%

Purchase Details

Listed on
Aug 17, 2016
Closed on
Apr 18, 2017
Sold by
Nguyen Thao T
Bought by
Accrete Chien I Llc
Seller's Agent
Cindy Nguyen
Orange Realty Group LLC
Buyer's Agent
John Fleckenstein
Las Vegas Realty LLC
List Price
$225,000
Sold Price
$257,000
Premium/Discount to List
$32,000
14.22%

Purchase Details

Closed on
Sep 5, 2012
Sold by
Chen Alice S
Bought by
Nguyen Thao T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2012
Sold by
Vasquez Maribel
Bought by
Nguyen Thao T

Purchase Details

Closed on
May 11, 2005
Sold by
Ambia Carlos and Guzman Nelida
Bought by
Vasquez Maribel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,200
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 28, 2001
Sold by
Rincon Alberto and Ramirez Jaime Galvez
Bought by
Ambia Carlos and Guzman Nelida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
9.37%

Purchase Details

Closed on
Jan 5, 2000
Sold by
Pujol Juana
Bought by
Rincon Alberto and Ramirez Jaime Galvez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,691
Interest Rate
7.84%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 28, 1999
Sold by
Rincon Josefa
Bought by
Rincon Vicente

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,691
Interest Rate
7.84%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 28, 1999
Sold by
Pujol Francisco
Bought by
Pujol Juana

Purchase Details

Closed on
Jun 30, 1998
Sold by
Taylor David P
Bought by
Pujol Francisco and Pujol Juana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,500
Interest Rate
7.06%

Purchase Details

Closed on
Aug 12, 1997
Sold by
Pujol Francisco
Bought by
Taylor David P and Pujol Juana

Purchase Details

Closed on
Apr 4, 1997
Sold by
Unlimited Holdings Inc
Bought by
Pujol Francisco and Pujol Juana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,925
Interest Rate
7.56%
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 Type Sale Price Title Company
Bargain Sale Deed -- None Listed On Document
Bargain Sale Deed $590,000 Security 1St Title
Bargain Sale Deed -- Security 1St Title
Interfamily Deed Transfer -- Servicelink East Escrow
Quit Claim Deed -- None Available
Bargain Sale Deed $338,000 Fidelity National Title
Quit Claim Deed $257,000 None Available
Bargain Sale Deed $257,000 Lawyers Title Of Nevada Hen
Bargain Sale Deed -- Lawyers Title Of Nevada Hen
Bargain Sale Deed -- North American Title Sahara
Bargain Sale Deed $99,000 Ticor Title Las Vegas
Bargain Sale Deed $359,000 Chicago Title
Bargain Sale Deed $235,000 United Title
Bargain Sale Deed $197,000 United Title
Interfamily Deed Transfer -- United Title
Interfamily Deed Transfer -- United Title
Interfamily Deed Transfer -- United Title
Interfamily Deed Transfer -- --
Deed -- United Title
Interfamily Deed Transfer -- --
Deed $160,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $442,600 New Conventional
Previous Owner $255,602 New Conventional
Previous Owner $253,500 New Conventional
Previous Owner $70,000 New Conventional
Previous Owner $287,200 Fannie Mae Freddie Mac
Previous Owner $188,000 No Value Available
Previous Owner $195,691 FHA
Previous Owner $160,500 No Value Available
Previous Owner $157,925 FHA
Closed $35,250 No Value Available
Closed $71,800 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $590,000 -0.8% $177 / Sq Ft
11/07/2023 11/07/23 For Sale $595,000 0.0% $178 / Sq Ft
10/22/2023 10/22/23 Off Market $595,000 -- --
07/11/2023 07/11/23 For Sale $595,000 +76.0% $178 / Sq Ft
08/13/2019 08/13/19 Sold $338,000 -5.8% $101 / Sq Ft
07/14/2019 07/14/19 Pending -- -- --
01/28/2019 01/28/19 For Sale $359,000 +39.7% $108 / Sq Ft
04/20/2017 04/20/17 Sold $257,000 +14.2% $77 / Sq Ft
03/21/2017 03/21/17 Pending -- -- --
08/17/2016 08/17/16 For Sale $225,000 -- $67 / 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 $1,910 $73,205 $38,500 $34,705
2024 $1,769 $73,205 $38,500 $34,705
2023 $1,769 $62,564 $32,200 $30,364
2022 $1,638 $59,026 $30,800 $28,226
2021 $1,517 $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 $1,138 $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: 1826390

Las Vegas REALTORS®

APN: 162-15-510-033