NOT LISTED FOR SALE

3862 Royal Crest St Las Vegas, NV 89119

University District Neighborhood

Estimated Value: $468,000 - $725,000

8 Beds
8 Baths
3,870 Sq Ft
$152/Sq Ft Est. Value

Last Sold March 14, 2016

Last sale price $186,000 $48 Per Sq Ft

Est. 217% increase in value since last sale

Current estimated payment $3,284/month

57 Days on Market

Highlights

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

About This Home

As of March 2016

GREAT INVESTMENT OPPORTUNITY, CENTRALIZED LOCATION BY THE STRIP ON A HUGE CORNER LOT. DONT MISS OUT ON THIS ONE !

Last Agent to Sell the Property

Jason Wang

Jason's Realty License #B.1001229 Listed on: 12/17/2015

Last Buyer's Agent

Chun Jin Li

Jason's Realty License #S.0076448

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,140

Year Built

  • Built in 1963

Lot Details

  • 9,148 Sq Ft Lot
  • Property is in good condition

Parking

  • 6 Parking Spaces

Home Design

  • Quadruplex
  • Flat Roof Shape

Interior Spaces

  • 3,870 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven
  • Range with Range Hood
  • Disposal

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 11 / 3

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Royal Crest Est Tract #2 Subdivision

Building Details

  • Maintenance Expense $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,140

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • CapRate: 9.92
  • Subdivision Name: ROYAL CREST EST TRACT #2
  • Directions: FROM PARADISE AND TWAIN, E ON TWAIN, RIGHT ON ROYAL CREST AND ITS THE LAST FOURPLEX ON THE LEFT SIDE ON THE CORNER
  • 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: Exhaust Fan, Disposal, Oven, Range, Refrigerator, Range Hood
  • Flooring: Carpet, Concrete, Ceramic Tile
  • Interior Amenities: None
  • Living Area: 3870.0

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 860.0

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 9148.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 25740.0
  • Insurance Expense: 2000.0
  • Maintenance Expense: 1.0
  • Annual Operating Expense: 6000.0

Tax Info

  • Tax Annual Amount: 1140.0
  • Tax Block: 3
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2017
Sold by
J & J Property Services Llc
Bought by
Becerril Juan
Current Estimated Value
$590,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,105
Outstanding Balance
$179,450
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$357,067

Purchase Details

Listed on
Dec 17, 2015
Closed on
Mar 1, 2016
Sold by
Sai Logan
Bought by
J & J Property Services Llc
Seller's Agent
Jason Wang
Jason's Realty
Buyer's Agent
Chun Jin Li
Jason's Realty
List Price
$199,000
Sold Price
$186,000
Premium/Discount to List
-$13,000
-6.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.73%

Purchase Details

Closed on
Dec 21, 2010
Sold by
Sai Logan and Tsai Alex H
Bought by
Sai Logan

Purchase Details

Closed on
Jul 2, 2008
Sold by
Ortega Edgar and De Muniz Josefina Ortega
Bought by
Tsai Alex H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
May 6, 2002
Sold by
Ortega Edgar and Ortega Santiago
Bought by
Ortega Edgar and Ortega Santiago

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,799
Interest Rate
7.13%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 29, 2002
Sold by
Deortega Cleofas Olivas
Bought by
Ortega Santiago

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,799
Interest Rate
7.13%
Mortgage Type
FHA

Purchase Details

Closed on
May 17, 2001
Sold by
Suyat Alfonso V and Suyat Margarita E
Bought by
Sar Hour and Sar Samphoun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,500
Interest Rate
7.06%
Mortgage Type
Seller Take Back
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
Becerril Juan $215,000 Lawyers Title Of Nevada
J & J Property Services Llc $186,000 Lawyers Title Of Nevada R
Sai Logan -- None Available
Tsai Alex H $275,000 Commonwealth Land Title Insu
Ortega Edgar $239,500 --
Ortega Santiago -- National Title Company
Ortega Edgar $239,500 National Title Company
Sar Hour $160,000 National Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Becerril Juan $211,105
Previous Owner Tsai Alex H $190,000
Previous Owner Ortega Edgar $235,799
Previous Owner Sar Hour $30,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2016 03/14/16 Sold $186,000 -6.5% $48 / Sq Ft
02/13/2016 02/13/16 Pending -- -- --
12/17/2015 12/17/15 For Sale $199,000 -- $51 / 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 $1,854 $77,005 $39,900 $37,105
2024 $1,717 $77,005 $39,900 $37,105
2023 $1,143 $64,639 $32,200 $32,439
2022 $1,590 $60,942 $30,800 $30,142
2021 $1,473 $56,008 $28,000 $28,008
2020 $1,365 $55,432 $28,000 $27,432
2019 $1,279 $53,249 $26,600 $26,649
2018 $1,220 $50,428 $25,200 $25,228
2017 $1,382 $47,136 $22,400 $24,736
2016 $1,143 $43,913 $19,600 $24,313
2015 $1,140 $40,249 $16,800 $23,449
2014 $1,105 $36,546 $14,000 $22,546
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jason Wang

    Jason's Realty

  • C

    Buyer's Agent in 2016

    Chun Jin Li

    Jason's Realty

See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 1595080

Las Vegas REALTORS®

APN: 162-15-312-052

Nevada Clark County Las Vegas 89119 University District

3862 Royal Crest St, Las Vegas, NV

This home is located at 3862 Royal Crest St, Las Vegas, NV 89119 since 17 December 2015 and is currently estimated at $590,151, approximately $152 per square foot. This property was built in 1963. 3862 Royal Crest 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Las Vegas REALTORS® The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. Information is deemed reliable but not guaranteed. Copyright 2025 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.

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