NOT LISTED FOR SALE

Estimated Value: $451,000 - $777,000

8 Beds
8 Baths
3,510 Sq Ft
$169/Sq Ft Est. Value

Last Sold May 29, 2015

Last sale price $200,000 $57 Per Sq Ft

Est. 196% increase in value since last sale

Current estimated payment $3,397/month

70 Days on Market

Highlights

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

About This Home

As of May 2015

4 Plex 3 units Occupied. Income Producing. Recently Remodeled.

Last Agent to Sell the Property

Michelle Bush

Keller Williams VIP License #BS.0143935 Listed on: 02/17/2015

Keller Williams VIP

Last Buyer's Agent

Joe Arellano

O48 Realty License #S.0171654

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,036

Year Built

  • Built in 1963

Lot Details

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

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Pitched Roof

Interior Spaces

  • 3,510 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring
  • Laundry Room

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Legal Lot and Block 1 / 1

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Garden Park Est Tract 1 Subdivision

Building Details

  • Maintenance Expense $100
  • Professional Management Expense $400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,036

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • CapRate: 6.5
  • Professional Management Expense: 400.0
  • Subdivision Name: GARDEN PARK EST TRACT 1
  • Directions: East on Desert Inn Rd from Eastern Ave. 4 Plex on Right just west of Sandhill
  • 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
  • Flooring: Ceramic Tile, Other
  • Living Area: 3510.0

Exterior Features

  • Disclosures: Principal is Real Estate Licensed
  • Construction Type: Wood Frame
  • Property Condition: Good Condition, Resale
  • Roof: Pitched

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Laundry Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 140.0

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Lot Info

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

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 24930.0
  • Insurance Expense: 550.0
  • Maintenance Expense: 100.0
  • Annual Operating Expense: 12000.0

Tax Info

  • Tax Annual Amount: 1036.0
  • Tax Block: 1
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2024
Sold by
Gutierrez-Zaragoza Ricardo
Bought by
A & G Llc
Current Estimated Value
$592,888

Purchase Details

Listed on
Feb 17, 2015
Closed on
May 21, 2015
Sold by
Premsrirut Puonyarat K and Premsrirut Rutt K
Bought by
Gutierrez Zaragoza Ricaedo
Seller's Agent
Michelle Bush
Keller Williams VIP
Buyer's Agent
Joe Arellano
O48 Realty
List Price
$189,000
Sold Price
$200,000
Premium/Discount to List
$11,000
5.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.06%
Original Mortgage
$196,275
Interest Rate
3.64%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 17, 2015
Closed on
May 20, 2015
Sold by
Alvarado Maria Delrefugio
Bought by
Gutierrez Zaragoza Ricardo
Seller's Agent
Michelle Bush
Keller Williams VIP
Buyer's Agent
Joe Arellano
O48 Realty
List Price
$189,000
Sold Price
$200,000
Premium/Discount to List
$11,000
5.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,275
Interest Rate
3.64%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 19, 2010
Closed on
Aug 29, 2012
Sold by
Monarrez Jose B and Monarrez Concepcion
Bought by
Prem Deferred Trust
Seller's Agent
Aleyda Shearer-DeMena
Orange Realty Group LLC
Buyer's Agent
Michelle Bush
Keller Williams VIP
List Price
$215,000
Sold Price
$117,000
Premium/Discount to List
-$98,000
-45.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.53%

Purchase Details

Closed on
May 12, 2006
Sold by
Amick Jackie P
Bought by
Monarrez Jose B and Monarrez Concepcion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
4.87%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 22, 2004
Sold by
Amick William L
Bought by
Amick William L and The William L Amick 2004 Revocable Trust

Purchase Details

Closed on
Jul 30, 2004
Sold by
Amick William L
Bought by
Amick William L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,250
Interest Rate
6.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 20, 2004
Sold by
Amick William L
Bought by
Amick William L and William L Amick 2004 Revocable Family Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,250
Interest Rate
6.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 12, 2001
Sold by
Amick William L
Bought by
Amick William L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
7%

Purchase Details

Closed on
Jun 20, 2000
Sold by
Amick William L
Bought by
William L Amick Living Trust

Purchase Details

Closed on
Feb 12, 1997
Sold by
Williams George P and Williams Werdna Conrad
Bought by
Amick William L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.66%

Purchase Details

Closed on
Jul 5, 1995
Sold by
Williams George P and Conrad Werdna
Bought by
Williams George P and Conrad Werdna
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
A & G Llc -- None Listed On Document
Gutierrez Zaragoza Ricaedo $200,000 Fidelity National Title
Gutierrez Zaragoza Ricardo -- Fidelity National Title
Prem Deferred Trust $117,000 Lawyers Title Of Nevada Cha
Monarrez Jose B $440,000 Equity Title Of Nevada
Amick William L -- Stewart Title Of Nevada
Amick William L -- Stewart Title Of Nevada
Amick William L -- --
Amick William L -- Land Title
William L Amick Living Trust -- --
Amick William L $175,000 Land Title
Williams George P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gutierrez-Zaragoza Ricardo $100,000
Previous Owner Gutierrez Zaragoza Ricardo $180,306
Previous Owner Gutierrez Zaragoza Ricaedo $196,275
Previous Owner Gutierrez Zaragoza Ricardo $196,275
Previous Owner Monarrez Jose B $396,000
Previous Owner Amick William L $236,250
Previous Owner Amick William L $161,250
Previous Owner Amick William L $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2015 05/29/15 Sold $200,000 +5.8% $57 / Sq Ft
04/29/2015 04/29/15 Pending -- -- --
02/17/2015 02/17/15 For Sale $189,000 +61.5% $54 / Sq Ft
08/30/2012 08/30/12 Sold $117,000 -45.6% $33 / Sq Ft
07/31/2012 07/31/12 Pending -- -- --
12/19/2010 12/19/10 For Sale $215,000 -- $61 / 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 $1,462 $85,924 $45,500 $40,424
2024 $1,354 $85,924 $45,500 $40,424
2023 $1,420 $80,878 $45,500 $35,378
2022 $1,379 $69,599 $36,750 $32,849
2021 $1,277 $59,337 $28,700 $30,637
2020 $1,281 $52,675 $22,750 $29,925
2019 $1,201 $51,836 $22,750 $29,086
2018 $1,146 $50,294 $22,750 $27,544
2017 $1,306 $44,529 $17,500 $27,029
2016 $1,073 $40,475 $14,000 $26,475
2015 $1,070 $37,786 $12,250 $25,536
2014 $1,037 $34,304 $9,450 $24,854
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1516580

Las Vegas REALTORS®

APN: 161-18-114-001