NOT LISTED FOR SALE

Estimated Value: $190,351 - $677,000

8 Beds
4 Baths
3,456 Sq Ft
$145/Sq Ft Est. Value

Last Sold January 25, 2013

Last sale price $60,000 $17 Per Sq Ft

Est. 735% increase in value since last sale

Current estimated payment $2,994/month

147 Days on Market

About This Home

As of January 2013

Fixer Upper- Investor OK

Last Listed By

Norma Gutin

Movoto, Inc License #S.0169528 Listed on: 07/31/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1982

Lot Details

  • 6,098 Sq Ft Lot
  • Property is in below average condition

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Stucco

Interior Spaces

  • 3,456 Sq Ft Home
  • 2-Story Property

Utilities

  • Heating Available
  • Programmable Thermostat

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 4 / 6

Community Details

Overview

  • Fourteenth Street City Add Subdivision

Building Details

  • Maintenance Expense $600
  • Professional Management Expense $1,680

Property Details

Home Type

Multi-Family

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • CapRate: 21.04
  • Professional Management Expense: 1680.0
  • Subdivision Name: FOURTEENTH STREET CITY ADD
  • Directions: I-15N/US-95NUS-93N Exit 75 Right N LV Blvd.,Right E.Bonanza Rd, Right on N.13th St. (on the Left)
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1982
  • ResoPropertyType: Residential
  • Special Features: 12
  • Stories: 2
  • Year Built: 1982

Interior Features

  • Number Of Buildings: 1
  • Flooring: Other
  • Interior Amenities: None, Programmable Thermostat

Exterior Features

  • Construction Type: Block, Stucco
  • Property Condition: Poor Condition, Resale
  • Roof: Other

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Other
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 2400.0

Condo/Co-op/Association

  • Amenities: None

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 6098.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 1
  • Annual Gross Income: 22560.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 600.0
  • Annual Operating Expense: 6360.0

Tax Info

  • Tax Annual Amount: 1556.0
  • Tax Block: 6
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2012
Closed on
Mar 6, 2013
Sold by
Canas Eugenio and Canas Maria Elena
Bought by
Melvin Inc
Seller's Agent
Norma Gutin
Movoto, Inc
Buyer's Agent
Antonio Correia
National Properties Realty LLC
List Price
$77,000
Sold Price
$60,000
Premium/Discount to List
-$17,000
-22.08%
Total Days on Market
147
Current Estimated Value
$500,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$440,784
Avg. Annual Appreciation
18.75%

Purchase Details

Listed on
Jul 31, 2012
Closed on
Dec 20, 2012
Sold by
Vazquez Lucio
Bought by
Canas Eugnio and Canas Eleana
Seller's Agent
Norma Gutin
Movoto, Inc
Buyer's Agent
Antonio Correia
National Properties Realty LLC
List Price
$77,000
Sold Price
$60,000
Premium/Discount to List
-$17,000
-22.08%

Purchase Details

Closed on
Jan 23, 2012
Sold by
Vazquez Lucia
Bought by
Vazquez Lucio

Purchase Details

Closed on
Feb 11, 2005
Sold by
Vazquez Lucio and Vazquez Martha
Bought by
Vazquez Lucio and Vazquez Martha E

Purchase Details

Closed on
Apr 28, 2004
Sold by
Galvez Jorge and Obando Alicia
Bought by
Vazquez Lucio and Vazquez Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 8, 2000
Sold by
Martinez Elizabeth
Bought by
Galvez Jorge and Obando Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,470
Interest Rate
8.21%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 22, 1997
Sold by
Pete Joseph H and Pete Rufina M
Bought by
Martinez Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
10.25%

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
Melvin Inc -- None Available
Canas Eugenio -- None Available
Canas Eugnio $60,000 First American Title Paseo
Vazquez Lucio -- First American Title Paseo
Vazquez Lucio -- None Available
Vazquez Lucio $285,000 United Title Of Nevada
Galvez Jorge $174,900 United Title
Martinez Elizabeth -- United Title
Martinez Elizabeth $150,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vazquez Lucio $200,000
Previous Owner Galvez Jorge $173,470
Previous Owner Martinez Elizabeth $127,500
Closed Martinez Elizabeth $5,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2013 01/25/13 Sold $60,000 -22.1% $17 / Sq Ft
12/26/2012 12/26/12 Pending -- -- --
07/31/2012 07/31/12 For Sale $77,000 -- $22 / 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 $2,460 $90,451 $43,750 $46,701
2024 $2,279 $90,451 $43,750 $46,701
2023 $2,279 $88,107 $43,750 $44,357
2022 $2,110 $77,784 $35,000 $42,784
2021 $1,954 $72,747 $31,500 $41,247
2020 $1,811 $69,937 $28,000 $41,937
2019 $1,698 $63,147 $21,000 $42,147
2018 $1,620 $50,101 $8,925 $41,176
2017 $1,763 $53,792 $12,075 $41,717
2016 $1,517 $53,318 $9,800 $43,518
2015 $1,516 $51,605 $8,400 $43,205
2014 $1,469 $50,540 $7,000 $43,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1271974

Las Vegas REALTORS®

APN: 139-35-111-025