NOT LISTED FOR SALE

4612 Krissylouise Way Las Vegas, NV 89121

Estimated Value: $558,000 - $610,000

8 Beds
4 Baths
3,168 Sq Ft
$182/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $525,000 $166 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,144/month

27 Days on Market

Highlights

  • Gated Community
  • Community Pool
  • Security Guard
  • Clubhouse
  • Community Playground
  • Laundry Room

About This Home

As of March 2022

Gated community of fourplexes with security and on-site management, mature landscape, two pools and playground. Well maintained and fully occupied income generating building with long term paying tenants. Four units with 2-bedroom, 1-bath, fireplace and private washer and dryer. Vaulted ceilings in the upstairs unit. Owner pays Water & HOA fees. Tenant pays power. Location is central, close to schools and shopping. 6 miles to the south Las Vegas Strip.
* Long term tenants
* 100% occupied
* Close to schools, stores and transportation
* Well maintained
* Large 2-bedroom 1-bath units with private laundry rooms
* Pools & playground on-site
* Built in 1995
* Gated community

Last Agent to Sell the Property

Catherine Hyde

Simply Vegas License #S.0070366 Listed on: 01/26/2022

Simply Vegas

Last Buyer's Agent

Catherine Hyde

Simply Vegas License #S.0070366 Listed on: 01/26/2022

Simply Vegas

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,383

Year Built

  • Built in 1995

Lot Details

  • 1,742 Sq Ft Lot
  • Property is in very good condition

HOA Fees

  • $680 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,168 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity, gas

Community Details

Overview

  • Association fees include ground maintenance, recreation facilities, security, utilities
  • 4 Units
  • Village At Karen Subdivision

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Playground
  • Community Pool

Building Details

  • Maintenance Expense $1
  • Professional Management Expense $5,640

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,383

Year Built

Built in 1995

Lot Details

0

HOA Fees

$680 per month

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.04
  • CapRate: 6.95
  • Professional Management Expense: 5640.0
  • Subdivision Name: Village At Karen
  • Directions: From Sahara and Lamb, head south to Karen, go east to Mountain Vista Left on Brandonkane through gate Left on Jennydiane Left on Tracylynn Right on Krissylouise
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1995
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1995

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Disposal, Oven, Range, Refrigerator, Washer
  • Flooring: Carpet, Ceramic Tile, Tile
  • Living Area: 3168.0

Exterior Features

  • Construction Type: Wood Frame
  • Property Condition: Resale, Very Good Condition
  • Roof: Composition, Pitched, Shingle

Garage/Parking

  • Parking Features: Paved

Utilities

  • Laundry Features: Common Area, Laundry Room
  • Security: Gated Community
  • 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: Clubhouse, Playground, Pool, Guard
  • Association Fee: 680.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Maintenance Grounds, Recreation Facilities, Security, Utilities

Lot Info

  • Lot Size Sq Ft: 1742.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 56400.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 1.0
  • Annual Operating Expense: 20632.0

Tax Info

  • Tax Annual Amount: 2383.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2022
Closed on
Mar 23, 2022
Sold by
Guzman-Marasigan Barbara P
Bought by
Marasigan Joseph Vincent
Seller's Agent
Catherine Hyde
Simply Vegas
Buyer's Agent
Catherine Hyde
Simply Vegas
List Price
$515,000
Sold Price
$525,000
Premium/Discount to List
$10,000
1.94%
Total Days on Market
27
Current Estimated Value
$576,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,151
Avg. Annual Appreciation
3.30%
Original Mortgage
$404,086
Outstanding Balance
$380,709
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$201,899

Purchase Details

Listed on
Jan 26, 2022
Closed on
Mar 22, 2022
Sold by
Aquino Carmen E and Aquino Brett
Bought by
Marasigan Joseph Vincent
Seller's Agent
Catherine Hyde
Simply Vegas
Buyer's Agent
Catherine Hyde
Simply Vegas
List Price
$515,000
Sold Price
$525,000
Premium/Discount to List
$10,000
1.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,086
Outstanding Balance
$380,709
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$201,899

Purchase Details

Listed on
Jun 26, 2012
Closed on
May 9, 2013
Sold by
Khan Ali
Bought by
Aquino Carmen E and Halperin Brett
Seller's Agent
LeighAnn Huff
BHHS Nevada Properties
Buyer's Agent
LeighAnn Huff
BHHS Nevada Properties
List Price
$188,500
Sold Price
$182,000
Premium/Discount to List
-$6,500
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.69%
Original Mortgage
$13,500
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2011
Sold by
Jon Spinogatti Llc
Bought by
Khan Ali

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2011
Sold by
Nguyen Nghia
Bought by
Jon Spinogatti Llc

Purchase Details

Closed on
Jun 28, 2005
Sold by
Flores Vilma Luz
Bought by
Nguyen Nghia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
5.65%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 11, 2004
Sold by
Flores Joseph
Bought by
Flores Vilma Luz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
4.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 3, 2004
Sold by
Hiura Rodney Yushimi
Bought by
Florez Vilma Luz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
4.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 18, 2002
Sold by
Hiura Gregory M and Hiura Phyllis C
Bought by
Hiura Rodney Yoshimi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,000
Interest Rate
5.89%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 8, 1994
Sold by
Wayne Cipolla & Associates Ltd
Bought by
Hiura Rodney Yoshimi and Hiura Gregory M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,050
Interest Rate
7.09%
Source: Public Records

Range of Values:

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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
Marasigan Joseph Vincent -- Clear Title
Marasigan Joseph Vincent $525,000 Clear Title
Aquino Carmen E $182,000 Equity Title Of Nevada
Khan Ali $170,000 National Title Company
Jon Spinogatti Llc $125,300 None Available
Nguyen Nghia $440,000 National Title Company
Flores Vilma Luz -- Lawyers Title Of Nevada
Florez Vilma Luz $320,000 Lawyers Title Of Nevada
Hiura Rodney Yoshimi -- National Title Company
Hiura Rodney Yoshimi $181,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marasigan Joseph Vincent $404,086
Closed Marasigan Joseph Vincent $404,086
Previous Owner Aquino Carmen E $13,500
Previous Owner Khan Ali $127,500
Previous Owner Nguyen Nghia $352,000
Previous Owner Florez Vilma Luz $224,000
Previous Owner Hiura Rodney Yoshimi $149,000
Previous Owner Hiura Rodney Yoshimi $127,050
Closed Hiura Rodney Yoshimi $130,000
Closed Florez Vilma Luz $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2022 03/25/22 Sold $525,000 +1.9% $166 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
01/26/2022 01/26/22 For Sale $515,000 +183.0% $163 / Sq Ft
05/14/2013 05/14/13 Sold $182,000 -3.4% $57 / Sq Ft
04/14/2013 04/14/13 Pending -- -- --
06/26/2012 06/26/12 For Sale $188,500 -- $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 $2,905 $106,302 $35,700 $70,602
2024 $2,779 $106,302 $35,700 $70,602
2023 $2,779 $106,771 $41,300 $65,471
2022 $2,574 $92,948 $30,800 $62,148
2021 $2,383 $87,363 $28,000 $59,363
2020 $2,210 $85,901 $26,250 $59,651
2019 $2,071 $78,596 $19,250 $59,346
2018 $1,977 $75,636 $18,200 $57,436
2017 $2,205 $73,529 $17,500 $56,029
2016 $1,851 $71,545 $14,000 $57,545
2015 $1,846 $67,883 $11,200 $56,683
2014 $1,789 $59,750 $11,200 $48,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2365748

Las Vegas REALTORS®

APN: 161-08-510-001