NOT LISTED FOR SALE

Estimated Value: $413,000 - $473,000

4 Beds
4 Baths
1,970 Sq Ft
$224/Sq Ft Est. Value

Last Sold July 10, 2024

Last sale price $450,000 $228 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,510/month

157 Days on Market

Highlights

  • Tile Flooring
  • Laundry Facilities
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of July 2024

"Prime Investment Opportunity! Please do not disturb the tenants! Fully Occupied Multi-Unit Property on month to month leases with a steady income stream, including a coin-operated washer & dryer generating additional income. All 4 units are single story, long term tenants on 3 and all with fair rents and room for growth. Don't miss out on this great investment opportunity!

Last Agent to Sell the Property

Doris Johnson

Century 21 Americana License #S.0200062 Listed on: 01/17/2024

Last Buyer's Agent

Margarita Hechavarria King

United Realty Group License #S.0201206

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $783

Year Built

  • Built in 1948

Lot Details

  • 6,534 Sq Ft Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,970 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Tile Flooring

Kitchen

  • Oven
  • Range

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Fourteenth Street City Add Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$783

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Subdivision Name: Fourteenth Street City Add
  • Directions: Cross streets E. Mesquite Ave and N 15th St. Follow GPS.
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1948
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1948

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 2
  • Appliances: Oven, Range, Refrigerator
  • Flooring: Tile
  • Interior Amenities: Window Treatments
  • Living Area: 1970.0
  • Window Features: Blinds

Exterior Features

  • Disclosures: Familial Relation
  • Construction Type: Block, Stucco
  • Property Condition: Good Condition, Resale
  • Roof: Composition, Shingle

Utilities

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

Condo/Co-op/Association

  • Amenities: Laundry

Schools

Lot Info

  • Lot Size Sq Ft: 6534.0
  • Additional Parcels Description: ---

Rental Info

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

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 783.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2024
Closed on
Jul 9, 2024
Sold by
Johnson Terence R
Bought by
Lv Downtown Series Llc
Seller's Agent
Doris Johnson
Century 21 Americana
Buyer's Agent
Margarita Hechavarria King
United Realty Group
List Price
$579,000
Sold Price
$450,000
Premium/Discount to List
-$129,000
-22.28%
Views
148
Current Estimated Value
$441,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,225
Avg. Annual Appreciation
-0.91%

Purchase Details

Listed on
Oct 30, 2020
Closed on
Apr 5, 2021
Sold by
Johnson Doris
Bought by
Johnson Terence R
Seller's Agent
Agustin Sequeira
Simply Vegas
Buyer's Agent
Lisa Waldeck
Zahler Properties LLC
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.01%
Original Mortgage
$236,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 30, 2020
Closed on
Apr 1, 2021
Sold by
Bcr Revocable Living Trust and Sequeira Maria G
Bought by
Johnson Terence R
Seller's Agent
Agustin Sequeira
Simply Vegas
Buyer's Agent
Lisa Waldeck
Zahler Properties LLC
List Price
$350,000
Sold Price
$350,000

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
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2018
Sold by
Sequeira Jose R and Sequeira Maria G
Bought by
Bcr Revocable Living Trust

Purchase Details

Closed on
Jul 19, 2004
Sold by
Sequeira Properties Llc
Bought by
Sequeira Jose R and Sequeira Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,500
Interest Rate
6.27%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 19, 2003
Sold by
Sequeira Jose R and Sequeira Maria G
Bought by
Sequeira Properties Llc

Purchase Details

Closed on
Mar 14, 2003
Sold by
Guzman Angel and Guzman Socorro
Bought by
Sequeira Jose R and Sequeira Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,400
Interest Rate
7%

Purchase Details

Closed on
Sep 22, 1999
Sold by
Matsumura Andrew S and Matsumura Lily Y
Bought by
Guzman Angel and Guzman Socorro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
7.97%

Purchase Details

Closed on
Nov 6, 1995
Sold by
Siddiqui Ulfat S
Bought by
Matsumura Andrew S and Matsumura Lily Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
8%

Purchase Details

Closed on
Nov 24, 1993
Sold by
Siddiqui Ulfat S
Bought by
Siddiqui Ulfat S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,785
Interest Rate
6.85%
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
Lv Downtown Series Llc $450,000 Chicago Title
Johnson Terence R -- Chicago Title
Johnson Terence R -- Lawyers Title
Johnson Terence R $335,000 Lawyers Title
Bcr Revocable Living Trust -- None Available
Sequeira Jose R $210,000 Chicago Title
Sequeira Properties Llc $165,000 --
Sequeira Jose R $145,500 Old Republic Title Company
Guzman Angel $115,000 Lawyers Title
Matsumura Andrew S $110,000 Nevada Title Company
Siddiqui Ulfat S -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Terence R $236,250
Previous Owner Sequeira Jose R $145,500
Previous Owner Sequeira Jose R $116,400
Previous Owner Guzman Angel $92,000
Previous Owner Matsumura Andrew S $88,000
Previous Owner Siddiqui Ulfat S $39,785
Closed Sequeira Jose R $21,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2024 07/10/24 Sold $450,000 -5.9% $228 / Sq Ft
06/24/2024 06/24/24 Pending -- -- --
06/21/2024 06/21/24 Price Changed $478,000 -4.2% $243 / Sq Ft
05/05/2024 05/05/24 Price Changed $499,000 -2.9% $253 / Sq Ft
03/13/2024 03/13/24 Price Changed $514,000 -4.6% $261 / Sq Ft
02/22/2024 02/22/24 Price Changed $539,000 -3.6% $274 / Sq Ft
02/07/2024 02/07/24 Price Changed $559,000 -3.5% $284 / Sq Ft
02/05/2024 02/05/24 For Sale $579,000 0.0% $294 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
01/18/2024 01/18/24 For Sale $579,000 +65.4% $294 / Sq Ft
04/06/2021 04/06/21 Sold $350,000 0.0% $112 / Sq Ft
03/07/2021 03/07/21 Pending -- -- --
10/30/2020 10/30/20 For Sale $350,000 -- $112 / 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 $845 $56,198 $33,250 $22,948
2024 $783 $56,198 $33,250 $22,948
2023 $783 $53,512 $33,250 $20,262
2022 $725 $44,893 $26,250 $18,643
2021 $672 $41,817 $24,500 $17,317
2020 $643 $36,021 $19,110 $16,911
2019 $613 $31,078 $14,700 $16,378
2018 $585 $27,925 $12,425 $15,500
2017 $897 $27,352 $12,075 $15,277
2016 $555 $19,617 $8,400 $11,217
2015 $554 $20,761 $6,300 $14,461
2014 $537 $18,453 $4,550 $13,903
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2553569

Las Vegas REALTORS®

APN: 139-35-212-037