NOT LISTED FOR SALE

Estimated Value: $611,155 - $646,000

8 Beds
4 Baths
3,400 Sq Ft
$184/Sq Ft Est. Value

Last Sold January 02, 2024

Last sale price $592,000 $174 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,608/month

21 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Laundry Facilities
  • Sustainable Flooring

About This Home

As of January 2024

This 4-plex building is a multi-unit residential property located in Las Vegas, Nevada. There are no vacancies and no HOA !!! Long term section 8 tenants that would like to stay. 3 new a/c units 1 replaced this past summer and the other 2 were installed approximately 1yr ago. Roof was replaced in 2016. The yard is fenced in with a wooden and cyclone fence for tenants to have an outdoor space. One of the units has been upgraded with granite counters, stainless steel appliances & wood look vinyl flooring. All units have carpet and ceramic. If you are looking for guaranteed income this building has it built in as all tenants are section 8.

Last Agent to Sell the Property

Joan Kilton

Keller Williams Realty Las Veg Brokerage Phone: (702) 372-8540 License #S.0032820 Listed on: 06/05/2023

Keller Williams Realty Las Veg

Last Buyer's Agent

Audrianne Skillin

Real Estate Masters of Nevada License #S.0181429

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,958

Year Built

  • Built in 1978

Lot Details

  • 0.27 Acre Lot
  • Property is in good condition

Parking

  • Paved Parking

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 3,400 Sq Ft Home
  • 2-Story Property
  • Blinds

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Sustainable
  • Ceramic Tile

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,958

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.27
  • Subdivision Name: None
  • Directions: Go south on Spencer from Flamingo pass University go right at the second entrance and the building is 3rd on the left.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1978
  • ResoPropertyType: Residential
  • Attribution Contact: (702) 372-8540
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1978

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Appliances: Oven, Range, Refrigerator
  • Flooring: Carpet, Ceramic Tile, Sustainable
  • Living Area: 3400.0
  • Window Features: Blinds

Exterior Features

  • Construction Type: Stucco
  • Property Condition: Good Condition, Resale
  • Roof: Flat

Garage/Parking

  • Parking Features: Paved

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 1998.0

Condo/Co-op/Association

  • Amenities: Laundry
  • Association: No

Schools

Lot Info

  • Lot Size Sq Ft: 11761.0
  • Additional Parcels Description: ---
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 43725.0
  • Insurance Expense: 2314.0
  • Annual Operating Expense: 8161.0

Tax Info

  • Tax Annual Amount: 1958.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2023
Closed on
Jan 12, 2024
Sold by
Hassenzahl Rene Rolin
Bought by
Rrh Trust and Hassenzahl
Seller's Agent
Joan Kilton
Keller Williams Realty Las Veg
Buyer's Agent
Audrianne Skillin
Real Estate Masters of Nevada
List Price
$669,500
Sold Price
$592,000
Premium/Discount to List
-$77,500
-11.58%
Views
365
Current Estimated Value
$627,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,289
Avg. Annual Appreciation
3.73%
Original Mortgage
$444,000
Outstanding Balance
$438,775
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$190,145

Purchase Details

Listed on
Jun 5, 2023
Closed on
Dec 29, 2023
Sold by
Unknown
Bought by
Hassenzahl Rene Rolin
Seller's Agent
Joan Kilton
Keller Williams Realty Las Veg
Buyer's Agent
Audrianne Skillin
Real Estate Masters of Nevada
List Price
$669,500
Sold Price
$592,000
Premium/Discount to List
-$77,500
-11.58%
Views
365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Outstanding Balance
$438,775
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$190,145

Purchase Details

Listed on
Apr 22, 2013
Closed on
Aug 13, 2013
Sold by
Kang Llc
Bought by
Alameda Carl F
Seller's Agent
Steve Lee
New Star Realty
Buyer's Agent
Janet Sanchez
Go Global Realty
List Price
$204,900
Sold Price
$191,500
Premium/Discount to List
-$13,400
-6.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.49%
Original Mortgage
$141,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2013
Sold by
Gtm Holdings Llc
Bought by
Kang Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 23, 2011
Sold by
Tu Keith
Bought by
Gtm Holdings Llc

Purchase Details

Closed on
Aug 21, 1996
Sold by
Lupton William R and Lupton Jackie Tu
Bought by
Tu Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,530
Interest Rate
7.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 13, 1996
Sold by
Lupton William R and Lupton Jackie T
Bought by
Lupton William R and Lupton Jackie Tu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,530
Interest Rate
7.87%
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
Rrh Trust -- None Listed On Document
Vicherey Series I Llc -- None Listed On Document
Hassenzahl Rene Rolin $592,000 None Listed On Document
Alameda Carl -- None Listed On Document
Alameda Carl F $191,500 Lawyers Title Of Nevada Hen
Kang Llc $185,000 Ticor Title Las Vegas
Gtm Holdings Llc $87,700 None Available
Tu Keith $160,000 Old Republic Title Company
Lupton William R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hassenzahl Rene Rolin $444,000
Previous Owner Alameda Carl F $357,500
Previous Owner Alameda Carl F $226,800
Previous Owner Alameda Carl F $220,000
Previous Owner Alameda Carl F $154,000
Previous Owner Alameda Carl F $141,000
Previous Owner Kang Llc $100,000
Previous Owner Tu Keith $99,900
Previous Owner Tu Keith $149,500
Previous Owner Tu Keith $157,530
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2024 01/02/24 Sold $592,000 -11.6% $174 / Sq Ft
07/18/2023 07/18/23 For Sale $669,500 0.0% $197 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
06/16/2023 06/16/23 Price Changed $669,500 +3.0% $197 / Sq Ft
06/16/2023 06/16/23 For Sale $650,000 0.0% $191 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
06/05/2023 06/05/23 For Sale $650,000 +239.4% $191 / Sq Ft
08/19/2013 08/19/13 Sold $191,500 -6.5% $56 / Sq Ft
07/20/2013 07/20/13 Pending -- -- --
04/22/2013 04/22/13 For Sale $204,900 -- $60 / 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 $2,283 $87,096 $46,200 $40,896
2024 $2,115 $87,096 $46,200 $40,896
2023 $2,115 $84,233 $44,800 $39,433
2022 $1,958 $71,162 $32,900 $38,262
2021 $1,814 $61,735 $24,500 $37,235
2020 $1,696 $59,020 $21,000 $38,020
2019 $1,589 $57,985 $19,600 $38,385
2018 $1,516 $51,702 $14,000 $37,702
2017 $1,875 $63,918 $25,550 $38,368
2016 $1,496 $58,506 $18,200 $40,306
2015 $1,492 $57,687 $17,500 $40,187
2014 $1,446 $47,842 $17,500 $30,342
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2499439

Las Vegas REALTORS®

APN: 162-23-207-003