NOT LISTED FOR SALE

4384 Cy Cliffview Cir Las Vegas, NV 89121

Estimated Value: $594,000 - $700,000

10 Beds
8 Baths
3,968 Sq Ft
$159/Sq Ft Est. Value

Last Sold January 27, 2014

Last sale price $183,000 $46 Per Sq Ft

Est. 244% increase in value since last sale

Current estimated payment $3,487/month

120 Days on Market

Highlights

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

About This Home

As of January 2014

This property has six (6 ) units! Four units with 2 bed rooms and 2 studio units. Onsite laundry room with coin operated washer and dryer. No HOA Fees. Completely rehabbed. All units are occupied and generating positive cash flow. Not a short sale or REO

Last Agent to Sell the Property

sanje sedera

Zenith Realty Group License #B.0000711 Listed on: 08/29/2013

Last Buyer's Agent

Roshi Mahban

Paragon Premier Properties License #S.0034560

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,052

Year Built

  • Built in 1980

Lot Details

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

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,968 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Ceramic Tile Flooring

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Parking

  • 8 Parking Spaces
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 16 / 1

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Vegas Valley Twnhs #2 Subdivision

Building Details

  • Maintenance Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,052

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • CapRate: 17.21
  • Subdivision Name: VEGAS VALLEY TWNHS #2
  • Directions: From Lamb and Vegas Valley head East to Marion, North on Marion to Cy Cliffview. Corner unit of Cy Cliff and Marrion.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1980
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2
  • Year Built: 1980

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Disposal, Oven, Range, Refrigerator
  • Flooring: Ceramic Tile
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 3968.0
  • Window Features: Blinds

Exterior Features

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

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 2000.0

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 7405.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 37660.0
  • Insurance Expense: 972.0
  • Maintenance Expense: 1000.0
  • Annual Operating Expense: 2400.0

Tax Info

  • Tax Annual Amount: 1052.0
  • Tax Block: 1
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2018
Sold by
Zemel Steven
Bought by
Jerry Llc
Current Estimated Value
$630,333

Purchase Details

Closed on
Nov 17, 2017
Sold by
Jerry Llc
Bought by
Zemel Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
5.6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 29, 2013
Closed on
Jan 25, 2014
Sold by
Seneviratne Lasika and Seneviratne Chandrika
Bought by
Jerry Llc
Seller's Agent
sanje sedera
Zenith Realty Group
Buyer's Agent
Roshi Mahban
Paragon Premier Properties
List Price
$220,000
Sold Price
$183,000
Premium/Discount to List
-$37,000
-16.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.20%
Original Mortgage
$121,100
Interest Rate
4.4%
Mortgage Type
Unknown

Purchase Details

Listed on
May 5, 2012
Closed on
Jun 16, 2012
Sold by
Nickel Raymond J
Bought by
Seneviratne Lasika and Seneviratne Chandrika
Seller's Agent
Jim Rooney
Nationwide Realty LLC
Buyer's Agent
sanje sedera
Zenith Realty Group
List Price
$139,000
Sold Price
$139,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.63%

Purchase Details

Closed on
Jul 20, 2010
Sold by
Leon Juan and Leon Marisela
Bought by
Nickel Raymond J

Purchase Details

Closed on
Mar 11, 2005
Sold by
Martinez Sara and Martinez Domingo
Bought by
Leon Juan and Leon Marisela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 24, 2004
Sold by
Martinez Domingo and Martinez Sara
Bought by
Martinez Domingo and Martinez Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,300
Interest Rate
7.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 1999
Sold by
Kover Ric M
Bought by
Rmk Lts Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,350
Interest Rate
7.05%
Mortgage Type
FHA

Purchase Details

Closed on
May 7, 1999
Sold by
Rmk Lp
Bought by
Martinez Domingo and Martinez Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,350
Interest Rate
7.05%
Mortgage Type
FHA
Source: Public Records

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
Jerry Llc -- None Available
Zemel Steven $176,640 First American Title Insura
Jerry Llc $183,000 Ticor Title Las Vegas
Seneviratne Lasika $139,000 Fidelity National Title Las
Nickel Raymond J $121,000 Old Republic Title Company
Leon Juan $300,000 Equity Title Of Nevada
Martinez Domingo -- Lawyers Title Of Nevada
Rmk Lts Partnership -- --
Martinez Domingo $199,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zemel Steven $198,750
Previous Owner Jerry Llc $121,100
Previous Owner Leon Juan $225,000
Previous Owner Martinez Domingo $231,300
Previous Owner Martinez Domingo $197,350
Closed Leon Juan $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2014 01/27/14 Sold $183,000 -16.8% $46 / Sq Ft
12/28/2013 12/28/13 Pending -- -- --
08/29/2013 08/29/13 For Sale $220,000 +58.3% $55 / Sq Ft
06/19/2012 06/19/12 Sold $139,000 0.0% $35 / Sq Ft
05/20/2012 05/20/12 Pending -- -- --
05/05/2012 05/05/12 For Sale $139,000 -- $35 / 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 $1,896 $89,870 $41,300 $48,570
2024 $1,756 $89,870 $41,300 $48,570
2023 $1,169 $95,020 $48,650 $46,370
2022 $1,626 $90,418 $45,500 $44,918
2021 $1,506 $71,433 $28,000 $43,433
2020 $1,395 $66,924 $22,750 $44,174
2019 $1,308 $63,793 $19,250 $44,543
2018 $1,248 $61,896 $18,200 $43,696
2017 $1,813 $61,824 $17,500 $44,324
2016 $1,169 $60,509 $14,000 $46,509
2015 $1,166 $57,464 $11,200 $46,264
2014 $1,130 $41,992 $11,200 $30,792
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1378078

Las Vegas REALTORS®

APN: 161-08-211-001