NOT LISTED FOR SALE

438 Perlite Way Henderson, NV 89015

Downtown Henderson Neighborhood

Estimated Value: $361,000 - $469,000

5 Beds
4 Baths
1,950 Sq Ft
$210/Sq Ft Est. Value

Sale Details

Date Sold: May 29, 2014

Last sale price $155,000 $79 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $2,295 / mo

10 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Ceramic Tile Flooring
  • Property is in very good condition

About This Home

As of May 2014

OWNER HAS REHABBED EVERY UNIT* ALL TILE FLOORING*NEW BATHS*NEW CABINETRY*

Last Agent to Sell the Property

Sali Fowler

North American Realty of NV License #S.0030675 Listed on: 04/18/2014

Last Buyer's Agent

Paul Macaluso

Simply Vegas License #BS.0145166

Simply Vegas

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $730

Year Built

  • Built in 1963

Lot Details

  • 4,792 Sq Ft Lot
  • Property is in very good condition

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,950 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Ceramic Tile Flooring

Kitchen

  • Oven
  • Range

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 6

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Henderson Annex #5 Subdivision

Building Details

  • Maintenance Expense $10

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$730

Year Built

Built in 1963

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • CapRate: 9.34
  • Subdivision Name: HENDERSON ANNEX #5
  • Directions: FROM 215 HEADING EAST INTO LAKE MEAD BLVD. EAST ON LAKE MEAD BLVD. EAST ON LAKE MEAD TO PERLITE STREET. TURN SOUTH (BY PHILLIPS FURNITURE STORE).
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1963
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1963

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oven, Range, Refrigerator
  • Flooring: Ceramic Tile
  • Interior Amenities: Window Treatments
  • Living Area: 1950.0
  • Window Features: Blinds

Exterior Features

  • Construction Type: Block
  • Property Condition: Resale, Very Good Condition
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 350.0

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Schools

Lot Info

  • Lot Size Sq Ft: 4792.0
  • Additional Parcels Description: ---

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 24840.0
  • Insurance Expense: 450.0
  • Maintenance Expense: 10.0
  • Annual Operating Expense: 8488.0

Tax Info

  • Tax Annual Amount: 730.0
  • Tax Block: 0
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2021
Sold by
Chiu Andrew
Bought by
Andrew Chiu Living Trust and Chiu
Current Estimated Value
$408,753

Purchase Details

Closed on
Feb 14, 2017
Sold by
Easterly Kevin and Easterly Kevine
Bought by
Chiu Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 18, 2014
Closed on
May 23, 2014
Sold by
Fowler Property Management Series Iv Llc
Bought by
Easterly Kevine
Seller's Agent
Sali Fowler
North American Realty of NV
Buyer's Agent
Paul Macaluso
Simply Vegas
List Price
$180,000
Sold Price
$155,000
Premium/Discount to List
-$25,000
-13.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.50%

Purchase Details

Closed on
Oct 4, 2013
Sold by
The Fowler Trust
Bought by
Fowler Property Management Series Iv Llc

Purchase Details

Closed on
May 16, 2013
Sold by
Ferrando Marie
Bought by
The Fowler Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Andrew Chiu Living Trust -- None Listed On Document
Chiu Andrew $207,500 Fidelity National Title
Easterly Kevine $155,000 Ticor Title Las Vegas
Fowler Property Management Series Iv Llc -- None Available
Fowler Property Management Series Iii Ll -- None Available
The Fowler Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chiu Andrew $142,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2014 05/29/14 Sold $155,000 -13.9% $79 / Sq Ft
04/29/2014 04/29/14 Pending -- -- --
04/18/2014 04/18/14 For Sale $180,000 -- $92 / Sq Ft
Source: Las Vegas REALTORS®

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
2026 $1,355 $68,411 $47,250 $21,161
2025 $1,255 $65,391 $44,625 $20,766
2024 $1,162 $65,391 $44,625 $20,766
2023 $1,162 $65,437 $47,250 $18,187
2022 $1,077 $53,669 $36,750 $16,919
2021 $997 $46,181 $30,450 $15,731
2020 $923 $42,721 $27,300 $15,421
2019 $865 $34,914 $19,950 $14,964
2018 $825 $34,084 $19,950 $14,134
2017 $889 $30,679 $16,800 $13,879
2016 $774 $28,333 $14,700 $13,633
2015 $771 $25,765 $12,600 $13,165
2014 $747 $25,193 $12,600 $12,593
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Sali Fowler

    North American Realty of NV

    (702) 379-7473

    1 Total Sale

    Sali Fowler
    Section Image
  • Paul Macaluso

    Buyer's Agent in 2014

    Paul Macaluso

    Simply Vegas

    (702) 542-1993

    4 Total Sales

    Paul Macaluso
    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 1439174

Las Vegas REALTORS®

APN: 178-13-610-006

Nevada Clark County Henderson 89015 Downtown Henderson

438 Perlite Way, Henderson, NV

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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 2026 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.

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