$192,000
SOLD JUL 30, 2013

4421 Spencer St Las Vegas, NV 89119

University District Neighborhood
-- Bed
-- Bath
3,536 Sq Ft
0.29 Acres

Recently Sold

$54 Per Sq Ft

7% Above List Price

137 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Ceramic Tile Flooring
  • Balcony
  • Storage
  • Landscaped

About This Home

As of August 2016

Great location, less than 1 mile from UNLV. This is 2 story building. The two second units are rented, owner resides in bottom two units, will vacate upon sale. Building has separate coin operated laundry. Amazing investment property.

Last Agent to Sell the Property

Rory Vohwinkel

Lawyers Realty of Nevada License #B.1001415 Listed on: 02/12/2013

Last Buyer's Agent

Xiaohong Li

City Villa Realty & Management License #S.0168818

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,435

Year Built

  • Built in 1978

Lot Details

  • 0.29 Acre Lot
  • Landscaped
  • Property is in average condition

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Wood Frame Construction
  • Stucco

Interior Spaces

  • 3,536 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Storage
  • Laundry Room

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 8 Parking Spaces
  • Unpaved Parking
  • Assigned Parking

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, sewer, water
  • Tax Lot 1

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Parcel Map File 15 Page 24 Subdivision

Building Details

  • Maintenance Expense $500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,435

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.29
  • CapRate: 11.99
  • Subdivision Name: PARCEL MAP FILE 15 PAGE 24
  • Directions: From the Strip fo east on Flamingo, North on Spencer. Complex is on the west side of street. 4421 is last building on the left.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1978
  • ResoPropertyType: Residential
  • Special Features: 12
  • Stories: 2
  • Year Built: 1978

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Exhaust Fan, Disposal, Oven, Range, Refrigerator, Range Hood
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Storage
  • Living Area: 3536.0
  • Window Features: Blinds

Exterior Features

  • Construction Type: Stucco, Wood Frame
  • Patio And Porch Features: Balcony
  • Property Condition: Average Condition, Resale
  • Roof: Flat

Garage/Parking

  • Parking Features: Assigned, Unpaved
  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: Laundry Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 2500.0

Condo/Co-op/Association

  • Amenities: Landscaping, Cable TV
  • Association: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 12632.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Sewer, Water

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 26470.0
  • Insurance Expense: 700.0
  • Maintenance Expense: 500.0
  • Annual Operating Expense: 5000.0

Tax Info

  • Tax Annual Amount: 1435.0
  • Tax Block: 0
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2016
Closed on
Aug 22, 2016
Sold by
Su Lan
Bought by
Frazeur Gary
Seller's Agent
Xiaohong Li
City Villa Realty & Management
Buyer's Agent
Christine Pahati
Compass Realty & Management
List Price
$259,800
Sold Price
$256,000
Premium/Discount to List
-$3,800
-1.46%
Current Estimated Value
$670,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$414,605
Avg. Annual Appreciation
11.23%

Purchase Details

Listed on
Feb 12, 2013
Closed on
Jul 12, 2013
Sold by
The Spencer Revocable Trust
Bought by
Llsu Trust
Seller's Agent
Rory Vohwinkel
Lawyers Realty of Nevada
Buyer's Agent
Xiaohong Li
City Villa Realty & Management
List Price
$179,000
Sold Price
$192,000
Premium/Discount to List
$13,000
7.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.76%

Purchase Details

Closed on
Mar 19, 2009
Sold by
Rich Michael and Rich Laura
Bought by
The Spencer Revocable Trust

Purchase Details

Closed on
Sep 19, 2007
Sold by
Romero Rodolfo S and Romero Bertha L
Bought by
Rich Michael and Rich Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.61%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 26, 2002
Sold by
Piscatelli Joyce
Bought by
Romero Rodolfo S and Romero Bertha L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.12%
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 Type Sale Price Title Company
Bargain Sale Deed $256,000 Lawyers Title Of Nevada
Bargain Sale Deed $192,000 None Available
Interfamily Deed Transfer -- None Available
Bargain Sale Deed $425,000 First Amer Title Co Of Nv
Bargain Sale Deed $230,000 Nevada Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $340,000 Unknown
Previous Owner $322,500 Fannie Mae Freddie Mac
Previous Owner $218,000 Unknown
Previous Owner $184,000 No Value Available
Closed $23,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2016 08/30/16 Sold $256,000 -1.5% $72 / Sq Ft
07/31/2016 07/31/16 Pending -- -- --
07/24/2016 07/24/16 For Sale $259,800 +35.3% $73 / Sq Ft
07/30/2013 07/30/13 Sold $192,000 +7.3% $54 / Sq Ft
06/30/2013 06/30/13 Pending -- -- --
02/12/2013 02/12/13 For Sale $179,000 -- $51 / 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 $2,413 $90,957 $46,200 $44,757
2024 $2,234 $90,957 $46,200 $44,757
2023 $2,234 $87,967 $44,800 $43,167
2022 $2,069 $74,785 $32,900 $41,885
2021 $1,916 $65,231 $24,500 $40,731
2020 $1,813 $62,535 $21,000 $41,535
2019 $1,699 $61,597 $19,600 $41,997
2018 $1,621 $55,285 $14,000 $41,285
2017 $1,980 $67,521 $25,550 $41,971
2016 $1,557 $62,332 $18,200 $44,132
2015 $1,556 $61,517 $17,500 $44,017
2014 $1,508 $49,875 $17,500 $32,375
Source: Public Records

Agents Affiliated with this Home

  • X

    Seller's Agent in 2016

    Xiaohong Li

    City Villa Realty & Management

    27 Total Sales

    Xiaohong Li
    Section Image

  • C

    Buyer's Agent in 2016

    Christine Pahati

    Compass Realty & Management

    14 Total Sales

    Christine Pahati
    Section Image
  • Rory Vohwinkel

    Seller's Agent in 2013

    Rory Vohwinkel

    Lawyers Realty of Nevada

    (702) 250-2669

    11 Total Sales

    Rory Vohwinkel
    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 1320960

Las Vegas REALTORS®

APN: 162-23-207-002

Nevada Clark County Las Vegas 89119 University District

4421 Spencer St, Las Vegas, NV

This home is located at 4421 Spencer St, Las Vegas, NV 89119 and is currently priced at $192,000, approximately $54 per square foot. This property was built in 1978. 4421 Spencer St is a home located in Clark County with nearby schools including Paradise Elementary School, William E. Orr Middle School, and Del Sol Academy of the Performing Arts.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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