NOT LISTED FOR SALE

Estimated Value: $459,686 - $545,000

8 Beds
4 Baths
2,226 Sq Ft
$224/Sq Ft Est. Value

Last Sold February 26, 2014

Last sale price $130,000 $58 Per Sq Ft

Est. 268% increase in value since last sale

Current estimated payment $2,711/month

20 Days on Market

About This Home

As of February 2014

Great investment opportunity 4-plex near downtown. The property units are all 2 bedroom, 1 bath, family room, kitchen/dining area. Most of the units have been partiually renovated within the last 3 years. The units have neurtal carpets and blinds. The property is two story and faces grassy area between the next complex.

Last Agent to Sell the Property

Nicole Tomlinson

IS Luxury License #BS.0067095 Listed on: 01/06/2014

Last Buyer's Agent

Jim Eagan

Limestone Investments LLC License #B.1000724

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $637

Year Built

  • Built in 1963

Lot Details

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

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 2,226 Sq Ft Home
  • 2-Story Property
  • Blinds

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Ceramic Tile

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 4 / 13

Community Details

Overview

  • 2 Units
  • Fourteenth Street City Add Subdivision

Building Details

  • Maintenance Expense $2,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$637

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • CapRate: 13.23
  • Subdivision Name: FOURTEENTH STREET CITY ADD
  • Directions: Take I-15 North to Las Vegas Blvd (North/Left towards Cashman Center), Take a Right on Bonanza, Turn Right on 14th street and the property is on your left.
  • 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
  • Appliances: Oven, Range
  • Flooring: Carpet, Ceramic Tile, Resilient
  • Living Area: 2226.0
  • Window Features: Blinds

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 800.0

Condo/Co-op/Association

  • Amenities: None

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 23265.0
  • Insurance Expense: 1500.0
  • Maintenance Expense: 2000.0
  • Annual Operating Expense: 5400.0

Tax Info

  • Tax Annual Amount: 637.0
  • Tax Block: 13
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2019
Sold by
Cowan Bruce William and Cowan Kay Kooltida
Bought by
Dtlv Properties Llc and Bcktc Llc
Current Estimated Value
$478,489

Purchase Details

Closed on
Jun 22, 2018
Sold by
Cowan Bruce and Cowan Kay
Bought by
Cowan Bruce William and Cowan Kay Kolltida

Purchase Details

Closed on
Apr 14, 2017
Sold by
Valdez Monica and Bridgeman Richrd
Bought by
Cowan Bruce and Cowan Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 6, 2014
Closed on
Feb 24, 2014
Sold by
Las Vegas Developments Group Llc
Bought by
Valdez Monica and Bridgeman Richard
Seller's Agent
Nicole Tomlinson
IS Luxury
Buyer's Agent
Jim Eagan
Limestone Investments LLC
List Price
$135,000
Sold Price
$130,000
Premium/Discount to List
-$5,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.05%

Purchase Details

Closed on
Dec 16, 2010
Sold by
Galvez Jose M
Bought by
Las Vegas Development Group Llc

Purchase Details

Closed on
Jul 30, 2007
Sold by
Payan Maria Silvia Elenes
Bought by
Galvez Jose M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2003
Sold by
Hud
Bought by
Galvez Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,406
Interest Rate
5.15%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 30, 2002
Sold by
Chase Manhattan Mortgage Corp
Bought by
Hud

Purchase Details

Closed on
Oct 29, 2002
Sold by
Zepeda Jose A and Guzman Ambrosia
Bought by
Chase Manhattan Mtg Corp

Purchase Details

Closed on
May 21, 2000
Sold by
James Eleanor K and James Kevin O
Bought by
Zepeda Jose A and Guzman Ambrosia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,773
Interest Rate
8.08%
Mortgage Type
FHA
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
Dtlv Properties Llc -- None Available
Cowan Bruce William -- None Available
Cowan Bruce $185,000 Lawyers Title Of Nevada
Valdez Monica $130,000 Equity Title Of Nevada
Las Vegas Development Group Llc $64,686 None Available
Galvez Jose M -- Chicago Title
Galvez Jose $164,341 Nevada Title Company
Hud -- Equity Title Of Nevada
Chase Manhattan Mtg Corp $167,209 Equity Title
Zepeda Jose A $150,000 Ati Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cowan Bruce $138,750
Previous Owner Galvez Jose M $262,500
Previous Owner Galvez Jose $220,000
Previous Owner Galvez Jose $161,406
Previous Owner Zepeda Jose A $148,773
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2014 02/26/14 Sold $130,000 -3.7% $58 / Sq Ft
01/27/2014 01/27/14 Pending -- -- --
01/06/2014 01/06/14 For Sale $135,000 -- $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 $1,103 $66,973 $43,750 $23,223
2024 $1,022 $66,973 $43,750 $23,223
2023 $1,022 $64,133 $43,750 $20,383
2022 $946 $53,889 $35,000 $18,889
2021 $877 $49,068 $31,500 $17,568
2020 $811 $45,233 $28,000 $17,233
2019 $760 $37,715 $21,000 $16,715
2018 $725 $24,711 $8,925 $15,786
2017 $904 $27,578 $12,075 $15,503
2016 $680 $25,007 $9,800 $15,207
2015 $678 $23,078 $8,400 $14,678
2014 $656 $20,962 $7,000 $13,962
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1411224

Las Vegas REALTORS®

APN: 139-35-111-047