NOT LISTED FOR SALE

Estimated Value: $542,165 - $801,000

8 Beds
8 Baths
3,688 Sq Ft
$187/Sq Ft Est. Value

Last Sold August 10, 2018

Last sale price $355,000 $96 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $4,457/month

25 Days on Market

Highlights

  • Wood Flooring
  • Central Heating and Cooling System
  • Maintained Community
  • Ed W Clark High School Rated A-

About This Home

As of August 2018

What a great location near Chinatown, multiple shopping centers, public transportations and minutes to the center of Las Vegas Strip. All units are rented with long term tenants, all Units are 2 BD/2 BA and laundry area with washer & dryer. Unit #B & #D have upgraded cabinets, granite counter tops, tiles in the kitchen & baths, and laminated wooded floorings [Pictures]. HOA's scheduled to Repair & Repaint Building Exterior this Summer.

Last Agent to Sell the Property

Jake Narksavee

BHHS Nevada Properties License #S.0044870 Listed on: 06/15/2018

BHHS Nevada Properties

Last Buyer's Agent

Johnny Richardson

Real Broker LLC License #S.0181671

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,412

Year Built

  • Built in 1977

Lot Details

  • 10,454 Sq Ft Lot
  • Property is in good condition

HOA Fees

  • $513 Monthly HOA Fees

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 3,688 Sq Ft Home
  • 2-Story Property
  • Blinds

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • Alley Access
  • Paved Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 11 / 1

Community Details

Overview

  • Association fees include management, reserve fund, trash
  • 4 Units
  • Spring Oaks #04 Subdivision
  • Maintained Community

Building Details

  • Maintenance Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,412

Year Built

Built in 1977

Lot Details

0

HOA Fees

$513 per month

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • CapRate: 5.23
  • Subdivision Name: SPRING OAKS #04
  • Directions: South on Decatur from Spring Mountains Rd., East on Twain, [L] on Van Dyke Ave., building on the west side of street.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1977
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1977

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Oven, Range, Refrigerator, Washer
  • Flooring: Carpet, Ceramic Tile, Tile, Wood
  • Window Features: Blinds

Exterior Features

  • Construction Type: Stucco
  • Property Condition: Good Condition, Resale
  • Roof: Flat

Garage/Parking

  • Parking Features: Alley Access, Paved
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 1956.0

Condo/Co-op/Association

  • Amenities: Maintenance Structure
  • Association Fee: 513.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Reserve Fund, Trash

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 10454.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 29220.0
  • Insurance Expense: 1092.0
  • Maintenance Expense: 1200.0
  • Annual Operating Expense: 10404.0

Tax Info

  • Tax Annual Amount: 1412.0
  • Tax Block: 1
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2018
Closed on
Jul 16, 2018
Sold by
Chenhansa Preedee
Bought by
Eusebio Holls M and Eusebio Gracie M
Seller's Agent
Jake Narksavee
BHHS Nevada Properties
Buyer's Agent
Johnny Richardson
Real Broker LLC
List Price
$360,000
Sold Price
$355,000
Premium/Discount to List
-$5,000
-1.39%
Current Estimated Value
$690,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,041
Avg. Annual Appreciation
9.51%
Original Mortgage
$266,250
Outstanding Balance
$232,662
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$440,849

Purchase Details

Listed on
Sep 17, 2015
Closed on
Jun 8, 2016
Sold by
Nguyen Jimmy and Nguyen Nicole
Bought by
Chenhansa Preedee
Seller's Agent
Leon Ho
Stonegate Real Estate Services
Buyer's Agent
Jake Narksavee
BHHS Nevada Properties
List Price
$240,000
Sold Price
$232,000
Premium/Discount to List
-$8,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.88%
Original Mortgage
$174,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2015
Sold by
Green Power Llc
Bought by
Nguyen Jimmy and Nguyen Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 27, 2012
Closed on
Dec 12, 2012
Sold by
Walker Sharon L
Bought by
Green Power Llc
Seller's Agent
Todtrese Williams
Williams-Shelton & Associates
Buyer's Agent
Ada Liu
Keller Williams Realty Southwe
List Price
$120,000
Sold Price
$121,000
Premium/Discount to List
$1,000
0.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.50%

Purchase Details

Closed on
Dec 5, 2005
Sold by
Walker George and Walker Sharon
Bought by
Walker George R and Walker Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,000
Interest Rate
6.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2002
Sold by
Chase Manhattan Mtg Corp
Bought by
Walker George and Walker Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,450
Interest Rate
5.88%

Purchase Details

Closed on
Oct 2, 2001
Sold by
Navarro Pedro A and Ucero Aurora I
Bought by
Chase Manhattan Mtg Corp

Purchase Details

Closed on
Dec 29, 1998
Sold by
Accessible Spaces Inc
Bought by
Navarro Pedro A and Lucero Aurora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,500
Interest Rate
6.82%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Eusebio Holls M $355,000 Nevada State Title
Chenhansa Preedee $232,000 National Title Co
Nguyen Jimmy $220,000 First American Title Paseo
Green Power Llc $121,500 Ticor Title Las Vegas
Walker George R -- Fidelity National Title
Walker George $213,995 First American Title Co
Chase Manhattan Mtg Corp $218,930 Ati Title
Navarro Pedro A $210,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eusebio Hollis M $125,000
Open Eusebio Holls M $266,250
Previous Owner Chenhansa Preedee $174,000
Previous Owner Nguyen Jimmy $165,000
Previous Owner Walker George R $349,000
Previous Owner Walker George R $349,000
Previous Owner Walker George $160,450
Previous Owner Navarro Pedro A $208,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2018 08/10/18 Sold $355,000 -1.4% $96 / Sq Ft
07/11/2018 07/11/18 Pending -- -- --
06/15/2018 06/15/18 For Sale $360,000 +55.2% $98 / Sq Ft
06/16/2016 06/16/16 Sold $232,000 -3.3% $63 / Sq Ft
05/17/2016 05/17/16 Pending -- -- --
09/17/2015 09/17/15 For Sale $240,000 +98.3% $65 / Sq Ft
12/24/2012 12/24/12 Sold $121,000 +0.8% $33 / Sq Ft
11/24/2012 11/24/12 Pending -- -- --
01/27/2012 01/27/12 For Sale $120,000 -- $33 / 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 $2,289 $101,757 $60,200 $41,557
2024 $2,508 $101,757 $60,200 $41,557
2023 $1,412 $93,532 $53,200 $40,332
2022 $2,530 $78,420 $39,200 $39,220
2021 $2,528 $73,129 $35,000 $38,129
2020 $1,685 $73,978 $35,000 $38,978
2019 $1,580 $72,399 $32,900 $39,499
2018 $1,507 $62,702 $23,800 $38,902
2017 $1,685 $57,469 $18,025 $39,444
2016 $1,412 $58,221 $16,100 $42,121
2015 $1,408 $56,084 $14,000 $42,084
2014 $1,364 $52,901 $11,200 $41,701
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2003216

Las Vegas REALTORS®

APN: 162-18-214-011