NOT LISTED FOR SALE

Estimated Value: $315,000 - $339,000

3 Beds
1 Bath
1,104 Sq Ft
$296/Sq Ft Est. Value

Highlights

  • View of Las Vegas Strip
  • Marble Flooring
  • Desert Landscape
  • Ed W Clark High School Rated A-
  • No HOA
  • Central Heating and Cooling System

About This Home

As of March 2018

Excellent opportunity to run your business form your own resident. Property is Zoned for CRT (commercial residential transitional district). New Air Cond & major renovation in 2013. Rent options: 1.) $1,250/m for the whole house. 2.) $1,150/m as is condition. 3.) $900/m for front two bedrooms, bathroom, living room and kitchen only. The garage converted portion in the back and the storage room adjacent to the converted garage are excluded.

Last Agent to Rent the Property

Emily Wong

Realty USA License #B.0057595 Listed on: 03/18/2018

Last Renter's Agent

Emily Wong

Realty USA License #B.0057595 Listed on: 03/18/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,033

Year Built

  • Built in 1972

Lot Details

  • 5,663 Sq Ft Lot
  • North Facing Home
  • Back Yard Fenced
  • Block Wall Fence
  • Desert Landscape
  • Property is in average condition

Property Views

  • Las Vegas Strip
  • City
  • Mountain

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,104 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds

Kitchen

  • Gas Range
  • Microwave

Flooring

  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry on main level
  • Washer and Dryer

Schools

  • Bell Rex* Elementary School
  • Cashman James Middle School
  • Clark Ed. W. High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Drake Est Subdivision

Listing and Financial Details

  • Security Deposit $1,250
  • Property Available on 3/20/18
  • Tenant pays for cable TV, electricity, gas, sewer, trash collection, water
  • 12 Month Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,033

Year Built

Built in 1972

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Cable TV, Electricity, Gas, Sewer, Trash Collection, Water
  • Available Date: 2018-03-20
  • Security Deposit: 1250.0
  • Pet Deposit: 250.0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.13
  • Subdivision Name: DRAKE EST
  • Directions: From DECATUR & DESERT INN, East on DESERT INN, property on Right before ARVILLE.
  • Architectural Style: One Story
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1972
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer/Dryer, Washer/DryerAllInOne, Washer
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Marble, Tile
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Primary Downstairs
  • Living Area: 1104.0
  • Window Features: Blinds

Exterior Features

  • Fencing: Block, Back Yard
  • Lot Features: Desert Landscaping, Landscaped, < 1/4 Acre
  • Pool Private: No
  • View: City, Mountain(s), Strip View
  • View: Yes
  • Disclosures: Familial Relation
  • Construction Type: Frame, Stucco
  • Direction Faces: North
  • Exterior Features: Private Yard
  • Property Condition: Average Condition
  • Roof: Composition, Shingle

Utilities

  • Laundry Features: Gas Dryer Hookup, Main Level
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No
  • Pets Allowed: No

Schools

  • Elementary School: Bell Rex*,Bell Rex*
  • High School: Clark Ed. W.
  • Middle Or Junior School: Cashman James

Lot Info

  • Current Use: Other
  • Lot Size Sq Ft: 5663.0
  • Zoning Description: Commercial,Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2014
Sold by
Niji Pegasus Llc
Bought by
Condova Llc
Current Estimated Value
$327,069

Purchase Details

Closed on
Aug 28, 2013
Sold by
Wong Edith
Bought by
The Niji Pegasus Trust

Purchase Details

Closed on
Aug 20, 2009
Sold by
Espinosa Aguilar Victor Manuel and Espinosa Maria Teresa
Bought by
Wong Edith

Purchase Details

Closed on
Oct 24, 2006
Sold by
Espinosa Victor Manuel and Espinosa Maria Teresa
Bought by
Espinosa Aguilar Victor Manuel and Espinosa Maria Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.36%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 7, 2005
Sold by
Espinosa Maria Teresa
Bought by
Espinosa Victor Manuel and Espinosa Maria Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2004
Sold by
Aguilar Victor Espinoza
Bought by
Espinoza Maria Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,550
Interest Rate
7.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2001
Sold by
Espinosa Teresa
Bought by
Aguilar Victor Espinosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,470
Interest Rate
6.84%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 20, 2001
Sold by
Chen Leon C and Cheung Kin Yan
Bought by
Aguilar Victor Espinosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,470
Interest Rate
6.84%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 2, 1998
Sold by
Fernandez Jose Roberto
Bought by
Chen Leon C and Cheung Kin Yan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,200
Interest Rate
7%

Purchase Details

Closed on
Oct 12, 1995
Sold by
Lanza Michael V
Bought by
Fernandez Jose Roberto
Source: Public Records

Range of Values:

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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
Condova Llc $250,000 First American Title Paseo
The Niji Pegasus Trust -- None Available
Wong Edith $70,000 Lawyers Title Of Nevada Hend
Espinosa Aguilar Victor Manuel -- Old Republic Title Co Of Nv
Espinosa Victor Manuel -- Lawyers Title Of Nevada
Espinoza Maria Teresa -- Old Republic Title Co Of Ne
Aguilar Victor Espinosa -- Stewart Title
Aguilar Victor Espinosa $99,000 Stewart Title
Chen Leon C $74,000 Land Title
Fernandez Jose Roberto $29,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Espinosa Aguilar Victor Manuel $228,000
Previous Owner Espinosa Victor Manuel $164,000
Previous Owner Espinoza Maria Teresa $121,550
Previous Owner Aguilar Victor Espinosa $97,470
Previous Owner Chen Leon C $59,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2018 03/18/18 Rented $900 -28.0% --
03/18/2018 03/18/18 For Rent $1,250 -- --
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 $1,033 $48,021 $33,250 $14,771
2024 $1,244 $48,021 $33,250 $14,771
2023 $1,244 $46,710 $33,250 $13,460
2022 $1,166 $35,483 $23,450 $12,033
2021 $821 $32,927 $21,000 $11,927
2020 $760 $33,286 $21,000 $12,286
2019 $712 $29,970 $17,500 $12,470
2018 $679 $27,716 $15,400 $12,316
2017 $825 $28,119 $15,400 $12,719
2016 $637 $22,920 $9,450 $13,470
2015 $635 $22,383 $8,750 $13,633
2014 -- $20,340 $6,300 $14,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1976952

Las Vegas REALTORS®

APN: 162-18-111-009