NOT LISTED FOR SALE

4240 E Tonopah Ave Las Vegas, NV 89115

Estimated Value: $561,092 - $659,000

8 Beds
4 Baths
3,212 Sq Ft
$191/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $520,000 $162 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,352/month

184 Days on Market

Highlights

  • Community Pool
  • Ceramic Tile Flooring
  • Ceiling Fan
  • Community Playground
  • Central Heating and Cooling System

About This Home

As of September 2022

AMAZING 4-PLEX OPPORTUNITY IN THE WELL-KEPT CAPE COD COMMUNITY. FOUR UNITS WITH 2 BEDROOM 1 BATHROOM, SPACIOUS LIVING ROOM WITH FIREPLACE, PRIVATE LAUNDRY ROOM AND LARGE DINING AREA OFF THE KITCHEN. ALL APPLIANCES ARE INCLUDED. THE LOCATION IS CLOSE TO SCHOOLS AND SHOPPING. HOA FEES COVER TRASH, SEWER, EXTERIOR MAINTENANCE OF THE BUILDING INCLUDING ROOF AND STAIRS, LANDSCAPE, COMMON POWER, COMMON WATER, AND POOL. ALL UNITS ARE OCCUPIED WITH LONG-TERM TENANTS. POOL AND PLAYGROUND ON-SITE.

Last Agent to Sell the Property

Jason Helliwell

Elite Realty License #S.0175415 Listed on: 03/22/2022

Last Buyer's Agent

Phetsamone Maokhamphiou

Skyline Mngmt. & R.E. Services License #S.0060845

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,696

Year Built

  • Built in 1986

Lot Details

  • 7,405 Sq Ft Lot
  • Property is in good condition

HOA Fees

  • $750 Monthly HOA Fees

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,212 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • Association fees include ground maintenance, sewer, security, utilities
  • 4 Units
  • Lake Mead Villas Subdivision

Recreation

  • Community Playground
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,696

Year Built

Built in 1986

Lot Details

0

HOA Fees

$750 per month

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Subdivision Name: Lake Mead Villas
  • Directions: FROM 95 TAKE THE CHARLESTON EXIT, HEAD EAST, L ON LAMB L ON E TONOPAH AVE.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1986
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1986

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Microwave, Refrigerator, Range Hood, Washer
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 3212.0

Exterior Features

  • Construction Type: Wood Frame
  • Property Condition: Good Condition, Resale
  • Roof: Composition, Pitched, Shingle

Utilities

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

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: Maintenance Grounds, Sewer, Security, Utilities

Schools

Lot Info

  • Lot Size Sq Ft: 7405.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1696.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2022
Closed on
Sep 7, 2022
Sold by
Ksn Properties Llc
Bought by
Estacio Edison Marcelo and Estacio Shalla Marie
Seller's Agent
Jason Helliwell
Elite Realty
Buyer's Agent
Phetsamone Maokhamphiou
Skyline Mngmt. & R.E. Services
List Price
$525,000
Sold Price
$520,000
Premium/Discount to List
-$5,000
-0.95%
Views
45
Current Estimated Value
$610,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,852
Avg. Annual Appreciation
5.02%
Original Mortgage
$390,000
Outstanding Balance
$375,105
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$223,358

Purchase Details

Listed on
Feb 8, 2013
Closed on
Jun 18, 2013
Sold by
Samaan Karam and Yousif Sandra
Bought by
Ksn Properties Llc
Seller's Agent
Irma Torkzadeh
Windermere Prestige Properties
Buyer's Agent
Nini Boudaghian
Realty ONE Group, Inc
List Price
$195,000
Sold Price
$190,000
Premium/Discount to List
-$5,000
-2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.29%

Purchase Details

Listed on
Feb 8, 2013
Closed on
Apr 27, 2013
Sold by
Avina Martin
Bought by
Samaan Karam and Yousif Sandra
Seller's Agent
Irma Torkzadeh
Windermere Prestige Properties
Buyer's Agent
Nini Boudaghian
Realty ONE Group, Inc
List Price
$195,000
Sold Price
$190,000
Premium/Discount to List
-$5,000
-2.56%

Purchase Details

Closed on
Aug 28, 2012
Sold by
Castaneda Abel and Castaneda Abel
Bought by
Avina Martin

Purchase Details

Closed on
Apr 15, 2011
Sold by
Ferrara Anthony A
Bought by
Avina Martin and Castaneda Abel

Purchase Details

Closed on
Jan 8, 2009
Sold by
Ferrara Anthony A
Bought by
Manzanita Enterprises Llc

Purchase Details

Closed on
Jul 12, 2006
Sold by
Smith William L and Smith Loretta L
Bought by
Ferrara Anthony A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Interest Rate
2.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 29, 2004
Sold by
Vazquez Rigoberto and Vazquez Amalia
Bought by
Smith William L and Smith Loretta L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
5.8%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 28, 2000
Sold by
Dunsmore Merrit L and Dunsmore Geraldine A
Bought by
Vazquez Rigoberto and Vazquez Amalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,307
Interest Rate
7.71%
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
Estacio Edison Marcelo $520,000 Wfg National Title
Ksn Properties Llc $190,000 None Available
Samaan Karam $190,000 Chicago Title Las Vegas
Avina Martin -- None Available
Avina Martin -- Chicago Title Las Vegas
Avina Martin -- None Available
Avina Martin $120,000 Nevada Title Las Vegas
Ferrara Anthony A $120,000 Nevada Title Las Vegas
Manzanita Enterprises Llc -- Nevada Title Las Vegas
Ferrara Anthony A $399,000 Financial Title Company
Smith William L $220,500 Nevada Title Company
Vazquez Rigoberto $179,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Estacio Edison Marcelo $390,000
Previous Owner Ferrara Anthony A $319,200
Previous Owner Smith William L $157,500
Previous Owner Vazquez Rigoberto $178,307
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2022 09/23/22 Sold $520,000 -1.0% $162 / Sq Ft
03/22/2022 03/22/22 For Sale $525,000 +176.3% $163 / Sq Ft
04/30/2013 04/30/13 Sold $190,000 -2.6% $59 / Sq Ft
03/31/2013 03/31/13 Pending -- -- --
02/08/2013 02/08/13 For Sale $195,000 -- $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 $2,737 $97,626 $42,350 $55,276
2024 $1,978 $97,626 $42,350 $55,276
2023 $1,978 $92,589 $40,600 $51,989
2022 $1,831 $83,018 $33,250 $49,768
2021 $1,696 $75,749 $28,000 $47,749
2020 $1,572 $73,499 $25,200 $48,299
2019 $1,473 $71,088 $22,750 $48,338
2018 $1,406 $63,856 $16,800 $47,056
2017 $1,819 $61,048 $14,525 $46,523
2016 $1,317 $60,826 $12,600 $48,226
2015 $1,313 $58,948 $11,200 $47,748
2014 $1,272 $41,413 $7,000 $34,413
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jason Helliwell

    Elite Realty

    (702) 863-6001

    6 in this area

    23 Total Sales

    Section Image

  • P

    Buyer's Agent in 2022

    Phetsamone Maokhamphiou

    Skyline Mngmt. & R.E. Services

    (702) 815-5596

    1 in this area

    15 Total Sales

    Section Image

  • I

    Seller's Agent in 2013

    Irma Torkzadeh

    Windermere Prestige Properties

  • N

    Buyer's Agent in 2013

    Nini Boudaghian

    Realty ONE Group, Inc

    (702) 281-2242

    9 Total Sales

    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 2380289

Las Vegas REALTORS®

APN: 140-19-712-035

Nevada Clark County Las Vegas 89115

4240 E Tonopah Ave, Las Vegas, NV

This home is located at 4240 E Tonopah Ave, Las Vegas, NV 89115 since 22 March 2022 and is currently estimated at $614,273, approximately $191 per square foot. This property was built in 1986. 4240 E Tonopah Ave is a home located in Clark County with nearby schools including Manuel J. Cortez Elementary School, Mario C. & Joanne Monaco Middle School, and Desert Pines High School.

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