NOT LISTED FOR SALE

4212 Orbit Ave Las Vegas, NV 89115

Estimated Value: $591,010 - $635,000

8 Beds
4 Baths
3,212 Sq Ft
$193/Sq Ft Est. Value

Last Sold May 08, 2023

Last sale price $539,900 $168 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,192/month

49 Days on Market

Highlights

  • Community Pool
  • Central Heating and Cooling System
  • Wood Siding
  • Community Playground

About This Home

As of May 2023

**PRICE ADJUSTMENT**Very highly sought after rental community because of the mature greenery throughout the property pool & playground. This Cape Cod 4 plex is fully occupied & professionally managed. The HOA covers the community trash, roof maintenance, exterior paint, landscaping, pool & common areas. Each unit features a full appliance package, including a separate laundry room with washer/dryer, and a fireplace!! Please do not disturb tenants. 2 units have newer bathrooms & flooring. Don't let this opportunity pass you up.

Last Agent to Sell the Property

Katherine Stromer

Simply Vegas License #S.0061441 Listed on: 10/21/2022

Simply Vegas

Last Buyer's Agent

Jason White

Simply Vegas License #S.0197301

Simply Vegas

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,651

Year Built

  • Built in 1988

Lot Details

  • 8,276 Sq Ft Lot
  • Property is in good condition

HOA Fees

  • $750 Monthly HOA Fees

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,212 Sq Ft Home
  • 2-Story Property
  • Blinds

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Parking

  • 8 Parking Spaces
  • Paved Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • Association fees include management, common areas, ground maintenance, taxes, trash
  • 4 Units
  • Lake Mead Villas Subdivision

Recreation

  • Community Playground
  • Community Pool

Building Details

  • Professional Management Expense $2,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,651

Year Built

Built in 1988

Lot Details

0

HOA Fees

$750 per month

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • Professional Management Expense: 2400.0
  • Subdivision Name: Lake Mead Villas
  • Directions: From Lake Mead and Lamb. West on Lake Mead to Dwarf Star South (L). First Right is Orbit.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1988
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1988

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Oven, Range, Refrigerator, Water Heater, Washer
  • Flooring: Other
  • Living Area: 3212.0
  • Window Features: Blinds

Exterior Features

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

Garage/Parking

  • Parking Features: Paved
  • 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: 1320.0

Condo/Co-op/Association

  • Amenities: Playground, Pool
  • Association Fee: 750.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Maintenance Grounds, Taxes, Trash

Schools

Lot Info

  • Lot Size Sq Ft: 8276.0
  • Additional Parcels Description: ---
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1651.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2022
Closed on
Apr 28, 2023
Sold by
Munoz Nelson
Bought by
Pineda Marco Antonio and Figueroa Vanessa Elizabeth
Seller's Agent
Katherine Stromer
Simply Vegas
Buyer's Agent
Jason White
Simply Vegas
List Price
$575,000
Sold Price
$539,900
Premium/Discount to List
-$35,100
-6.1%
Views
144
Current Estimated Value
$619,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,103
Avg. Annual Appreciation
5.79%
Original Mortgage
$345,000
Outstanding Balance
$335,459
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$283,544

Purchase Details

Listed on
Oct 12, 2014
Closed on
Mar 2, 2015
Sold by
Topf Dorothy
Bought by
Munoz Nelson
Seller's Agent
Fernando Avila
Keller Williams Southern NV
Buyer's Agent
Michael Martinez
Go Global Realty
List Price
$209,500
Sold Price
$192,500
Premium/Discount to List
-$17,000
-8.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.44%
Original Mortgage
$142,500
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2002
Sold by
Topf Michael and Topf Dorothy
Bought by
The Michael & Dorothy Topf Living Trust

Purchase Details

Closed on
Nov 21, 2001
Sold by
Russell John K and Russell Denise L
Bought by
Topf Michael and Topf Dorothy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Pineda Marco Antonio $539,000 Ticor Title
Munoz Nelson -- Ticor Title
Munoz Nelson $193,750 Fidelity National Title
The Michael & Dorothy Topf Living Trust -- --
Topf Michael $187,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pineda Marco Antonio $345,000
Previous Owner Munoz Nelson $142,500
Previous Owner Topf Michael $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/08/2023 05/08/23 Sold $539,900 -1.8% $168 / Sq Ft
12/09/2022 12/09/22 Pending -- -- --
11/16/2022 11/16/22 Price Changed $549,999 0.0% $171 / Sq Ft
11/11/2022 11/11/22 Price Changed $550,000 -4.3% $171 / Sq Ft
10/21/2022 10/21/22 For Sale $575,000 +198.7% $179 / Sq Ft
03/06/2015 03/06/15 Sold $192,500 -8.1% $60 / Sq Ft View Prior Sale
02/04/2015 02/04/15 Pending -- -- --
10/12/2014 10/12/14 For Sale $209,500 -- $65 / 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 $1,925 $101,022 $42,350 $58,672
2024 $1,783 $101,022 $42,350 $58,672
2023 $1,187 $95,536 $40,600 $54,936
2022 $1,651 $85,741 $33,250 $52,491
2021 $1,529 $78,269 $28,000 $50,269
2020 $1,417 $75,961 $25,200 $50,761
2019 $1,328 $73,470 $22,750 $50,720
2018 $1,267 $66,092 $16,800 $49,292
2017 $1,883 $63,221 $14,525 $48,696
2016 $1,187 $62,952 $12,600 $50,352
2015 $1,184 $60,985 $11,200 $49,785
2014 $1,147 $42,844 $7,000 $35,844
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2447294

Las Vegas REALTORS®

APN: 140-19-711-002