NOT LISTED FOR SALE

3812 Palos Verdes St Las Vegas, NV 89119

University District Neighborhood

Estimated Value: $504,098 - $755,000

8 Beds
4 Baths
2,684 Sq Ft
$226/Sq Ft Est. Value

Last Sold July 01, 2019

Last sale price $340,000 $127 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,364/month

42 Days on Market

Highlights

  • No HOA
  • Concrete Flooring
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of July 2019

INVESTMENT OPPORTUNITY KNOCKING. ALL UNITS ARE OCCUPIED. ALL UNITS ARE 2 BEDS, 1 BATH WITH KITCHEN & FAMILY ROOM. PROPERTY HAS 4 PARKING SPOTS IN ALLEY. THERE IS LAUNDRY ROOM. ALL UNITS HAVE SECURITY DOORS & ON THE WINDOWS AS WELL. NEW STOVES ON ALL UNITS, PAINT & BRAND NEW ROOF SHINGLES.

Last Agent to Sell the Property

Isidro Ruiz

Innova Realty & Management License #S.0064522 Listed on: 04/19/2019

Last Buyer's Agent

Victor Hernandez

United Realty Group License #S.0170729

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $950

Year Built

  • Built in 1962

Lot Details

  • 9,583 Sq Ft Lot
  • Property is in good condition

Parking

  • Alley Access

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,684 Sq Ft Home
  • 1-Story Property
  • Concrete Flooring
  • Disposal

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4 Units
  • Royal Crest Est Tract #1 Subdivision

Listing and Financial Details

  • Tenant pays for electricity, rent only, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$950

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.22
  • CapRate: 6.3
  • Subdivision Name: ROYAL CREST EST TRACT #1
  • Directions: FROM TWAIN AND PARADISE. HEAD E ON TWAIN, R ON PALOS VERDES TO PROPERTY
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1962
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1962

Interior Features

  • Number Of Buildings: 1
  • Appliances: Disposal, Refrigerator
  • Flooring: Concrete
  • Interior Amenities: None

Exterior Features

  • Construction Type: Stucco
  • Property Condition: Good Condition, Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Alley Access

Utilities

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

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 9583.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity, Rent Only, Water

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 24000.0
  • Annual Operating Expense: 1800.0

Tax Info

  • Tax Annual Amount: 950.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2019
Closed on
Jun 24, 2019
Sold by
Rodriguez Ramon and Rodriguez Susana
Bought by
Ramirez Roberto Sanchez and Pineda Maria Avelina
Seller's Agent
Isidro Ruiz
Innova Realty & Management
Buyer's Agent
Victor Hernandez
United Realty Group
List Price
$339,900
Sold Price
$340,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$606,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,775
Avg. Annual Appreciation
8.97%
Original Mortgage
$328,652
Outstanding Balance
$286,957
Interest Rate
3.12%
Mortgage Type
FHA
Estimated Equity
$294,593

Purchase Details

Listed on
Mar 13, 2013
Closed on
Oct 2, 2013
Sold by
Royal Sterling Properties Llc
Bought by
Rodriguez Ramon and Rodriguez Bargain
Seller's Agent
Martin Fajardo
Innova Realty & Management
Buyer's Agent
Isidro Ruiz
Innova Realty & Management
List Price
$191,000
Sold Price
$157,000
Premium/Discount to List
-$34,000
-17.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.44%
Original Mortgage
$117,750
Interest Rate
4.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 6, 2012
Closed on
Jan 31, 2012
Sold by
Aow Reo Llc
Bought by
Royal Sterling Properties Llc
Seller's Agent
Ryan Crighton
Rothwell Gornt Companies
Buyer's Agent
Martin Fajardo
Innova Realty & Management
List Price
$129,990
Sold Price
$110,000
Premium/Discount to List
-$19,990
-15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.59%

Purchase Details

Listed on
Jan 6, 2012
Closed on
Jan 4, 2012
Sold by
Graham Charles E and Graham Pamela M
Bought by
Aow Reo Llc Series 3812
Seller's Agent
Ryan Crighton
Rothwell Gornt Companies
Buyer's Agent
Martin Fajardo
Innova Realty & Management
List Price
$129,990
Sold Price
$110,000
Premium/Discount to List
-$19,990
-15.38%

Purchase Details

Closed on
Dec 31, 1997
Sold by
Saur Sherilyn and Shaheen Woodrow N
Bought by
Graham Charles E and Graham Pamela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
7.16%
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
Ramirez Roberto Sanchez $340,000 Lawyers Title Henderson
Rodriguez Ramon $157,000 Chicago Title Las Vegas
Royal Sterling Properties Llc $110,000 National Title Company
Aow Reo Llc Series 3812 $70,200 None Available
Graham Charles E $170,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Roberto Sanchez $328,652
Previous Owner Rodriguez Ramon $117,750
Previous Owner Graham Charles E $153,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2019 07/01/19 Sold $340,000 0.0% $127 / Sq Ft
06/01/2019 06/01/19 Pending -- -- --
04/19/2019 04/19/19 For Sale $339,900 +116.5% $127 / Sq Ft
10/07/2013 10/07/13 Sold $157,000 -17.8% $58 / Sq Ft
09/07/2013 09/07/13 Pending -- -- --
03/13/2013 03/13/13 For Sale $191,000 +73.6% $71 / Sq Ft
02/02/2012 02/02/12 Sold $110,000 -15.4% $41 / Sq Ft
01/06/2012 01/06/12 For Sale $129,990 -- $48 / 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 $1,765 $67,052 $39,900 $27,152
2024 $1,426 $67,052 $39,900 $27,152
2023 $950 $55,995 $32,200 $23,795
2022 $1,321 $52,917 $30,800 $22,117
2021 $1,223 $48,553 $28,000 $20,553
2020 $1,133 $48,174 $28,000 $20,174
2019 $1,062 $46,184 $26,600 $19,584
2018 $1,013 $43,702 $25,200 $18,502
2017 $1,190 $40,569 $22,400 $18,169
2016 $950 $37,425 $19,600 $17,825
2015 $948 $34,008 $16,800 $17,208
2014 $919 $30,401 $14,000 $16,401
Source: Public Records

Agents Affiliated with this Home

  • Isidro Ruiz

    Seller's Agent in 2019

    Isidro Ruiz

    Innova Realty & Management

    (702) 275-3658

    6 in this area

    111 Total Sales

    Isidro Ruiz
    Section Image

  • V

    Buyer's Agent in 2019

    Victor Hernandez

    United Realty Group

    13 Total Sales

    Victor Hernandez
    Section Image
  • Martin Fajardo

    Seller's Agent in 2013

    Martin Fajardo

    Innova Realty & Management

    (702) 625-5720

    1 in this area

    108 Total Sales

    Martin Fajardo
    Section Image
  • Ryan Crighton

    Seller's Agent in 2012

    Ryan Crighton

    Rothwell Gornt Companies

    (702) 217-1048

    11 in this area

    552 Total Sales

    Ryan Crighton
    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 2087319

Las Vegas REALTORS®

APN: 162-15-313-026

Nevada Clark County Las Vegas 89119 University District

3812 Palos Verdes St, Las Vegas, NV

This home is located at 3812 Palos Verdes St, Las Vegas, NV 89119 since 19 April 2019 and is currently estimated at $606,775, approximately $226 per square foot. This property was built in 1962. 3812 Palos Verdes St is a home located in Clark County with nearby schools including Ruby S Thomas Elementary School, William E. Orr Middle School, and Valley High School.

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