NOT LISTED FOR SALE

Estimated Value: $548,988 - $780,000

8 Beds
7 Baths
3,648 Sq Ft
$186/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $390,000 $107 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $3,919/month

77 Days on Market

Highlights

  • Balcony
  • Refrigerated Cooling System
  • Programmable Thermostat
  • Ed W Clark High School Rated A-
  • Sustainable Flooring
  • Central Heating and Cooling System

About This Home

As of December 2020

GREAT INVESTMENT OPPORTUNITY TO BUY 3 ADJOINING 4-PLEX ON .69 ACRE*CLEAN*WELL MAINTAINED & FENCED*CLOSE TO THE WORLD FAMOUS LAS VEGAS STRIP*EASY ACCESS TO BUS ROUTES *HOSPITALS*SCHOOLS*SHOPPING*ON CUL-DE-SAC STREET*BETWEEN CHINA TOWN ON SPRING MT & PALMS ON FLAMINGO*WONDERFUL VIEW FROM BALCONY*SPACIOUS FLOOR PLAN*KITCHEN OPEN TO DINING AREA*NO VACANCIES*ALL 2 BEDROOM HAVE 1 FULL BATH & 13/4 BATH ALL 12 UNITS*EASY MAINTENANCE*3647, 3655, 3663 KOLENDO CT MUST BE SOLD TOGETHER

Last Agent to Sell the Property

Ginger Magleby

Summit Properties License #BS.0001629 Listed on: 08/18/2020

Last Buyer's Agent

Theresa Woo

BHHS Nevada Properties License #S.0170615

BHHS Nevada Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,523

Year Built

  • Built in 1977

Lot Details

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

Home Design

  • Quadruplex
  • Flat Roof Shape

Interior Spaces

  • 3,648 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Sustainable Flooring

Kitchen

  • Oven
  • Range with Range Hood
  • Disposal

Parking

  • 4 Parking Spaces
  • Assigned Parking

Outdoor Features

  • Balcony

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 4 Units
  • Spring Oaks 5 Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,523

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Subdivision Name: Spring Oaks 5
  • Directions: I-15 WEST ON SPRING MT*SO ON VALLEY VIEW*WEST ON TWAIN*RIGHT ON KOLENDO*APPROX 5 MINUTE SO ON TWAIN TO MIRAGE HOTEL/FASHION SHOW MALL*LV STRIPL*CLOSE TO RAIDERS STADIUM
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1977
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2
  • Year Built: 1977

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Appliances: Exhaust Fan, Disposal, Oven, Range, Refrigerator, Range Hood, Water Heater
  • Flooring: Sustainable
  • Interior Amenities: Programmable Thermostat
  • Living Area: 3648.0
  • Window Features: Blinds

Exterior Features

  • Disclosures: Principal is Real Estate Licensed
  • Construction Type: Other
  • Patio And Porch Features: Balcony
  • Property Condition: Good Condition, Resale
  • Roof: Flat

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air, Refrigerated
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

Lot Info

  • Lot Size Sq Ft: 10019.0
  • Additional Parcels Description: ---
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1523.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2020
Closed on
Nov 4, 2020
Sold by
Magleby Ginger
Bought by
Chan Richard Chung and Wong Sally Yeuk
Seller's Agent
Ginger Magleby
Summit Properties
Buyer's Agent
Theresa Woo
BHHS Nevada Properties
List Price
$425,000
Sold Price
$390,000
Premium/Discount to List
-$35,000
-8.24%
Current Estimated Value
$679,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,247
Avg. Annual Appreciation
11.07%
Original Mortgage
$292,500
Outstanding Balance
$263,822
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$373,609

Purchase Details

Closed on
Dec 26, 2012
Sold by
Precedent Properties Llc
Bought by
Magleby Ginger

Purchase Details

Closed on
Dec 14, 2012
Sold by
Fitzpatrick Laura B
Bought by
Precedent Properties Llc

Purchase Details

Closed on
Sep 5, 1996
Sold by
Rivera German L and Rivera Gilda P
Bought by
Leung Jeffrey K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
8.2%
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
Chan Richard Chung $390,000 Equity Title Of Nevada
Magleby Ginger $95,000 None Available
Precedent Properties Llc $95,000 None Available
Leung Jeffrey K $140,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Richard Chung $292,500
Previous Owner Leung Jeffrey K $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2020 12/04/20 Sold $390,000 -8.2% $107 / Sq Ft
11/04/2020 11/04/20 Pending -- -- --
08/18/2020 08/18/20 For Sale $425,000 -- $117 / 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 $2,008 $99,591 $60,200 $39,391
2024 $1,950 $99,591 $60,200 $39,391
2023 $2,045 $91,373 $53,200 $38,173
2022 $1,894 $76,355 $39,200 $37,155
2021 $1,754 $71,128 $35,000 $36,128
2020 $1,625 $71,953 $35,000 $36,953
2019 $1,523 $70,348 $32,900 $37,448
2018 $1,453 $60,657 $23,800 $36,857
2017 $1,627 $55,465 $18,025 $37,440
2016 $1,361 $55,644 $16,100 $39,544
2015 $1,360 $53,467 $14,000 $39,467
2014 $1,318 $51,027 $11,200 $39,827
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2222227

Las Vegas REALTORS®

APN: 162-18-213-016