NOT LISTED FOR SALE

Estimated Value: $692,989 - $803,000

8 Beds
8 Baths
3,688 Sq Ft
$200/Sq Ft Est. Value

Last Sold February 08, 2023

Last sale price $613,000 $166 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,707/month

201 Days on Market

Highlights

  • Tile Flooring
  • Central Heating and Cooling System
  • Laundry Facilities
  • Ed W Clark High School Rated A-

About This Home

As of February 2023

All 4 units are for sale. Currently 75% occupied. The unoccupied unit has been remodeled with fresh paint, brand new flooring and brand new blinds. The other two Unites which were upgraded in the last two years.
The entire building has been external painted in the last year by HOA.-- All in good condition.
Superb central location and long-term investment!!!

Last Agent to Sell the Property

sean kuo

R.I.S.E Brokerage Phone: 702-916-1993 License #S.0187892 Listed on: 05/26/2022

Last Buyer's Agent

Nancy Chen

LIFE Realty District License #B.1002122

LIFE Realty District

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,062

Year Built

  • Built in 1977

Lot Details

  • 9,583 Sq Ft Lot
  • Property is in good condition

HOA Fees

  • $520 Monthly HOA Fees

Home Design

  • Quadruplex

Interior Spaces

  • 3,688 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • Dryer

Kitchen

  • Microwave
  • Dishwasher

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • Association fees include sewer
  • 4,465 Buildings
  • 4 Units
  • Spring Oaks Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,062

Year Built

Built in 1977

Lot Details

0

HOA Fees

$520 per month

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.22
  • CapRate: 11.83
  • Subdivision Name: Spring Oaks
  • Directions: S Decatur blvd & W Twain ave, E on W Twain ave, N on S Van Dyke ave, E on Elk Spring ave.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1977
  • ResoPropertyType: Residential
  • Attribution Contact: 702-916-1993
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1977

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 4465
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Refrigerator
  • Flooring: Tile
  • Interior Amenities: None
  • Living Area: 3688.0

Exterior Features

  • Disclosures: Familial Relation
  • Construction Type: Block
  • Property Condition: Good Condition, Resale
  • Roof: Other

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

Condo/Co-op/Association

  • Association Fee: 520.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Sewer

Schools

Lot Info

  • Lot Size Sq Ft: 9583.0
  • Additional Parcels Description: ---
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 9206.0

Tax Info

  • Tax Annual Amount: 2062.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2022
Closed on
Feb 14, 2023
Sold by
Lu Quyen Dieu
Bought by
Palms Llc
Seller's Agent
sean kuo
R.I.S.E
Buyer's Agent
Nancy Chen
LIFE Realty District
List Price
$715,000
Sold Price
$613,000
Premium/Discount to List
-$102,000
-14.27%
Views
22
Current Estimated Value
$738,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,997
Avg. Annual Appreciation
5.64%
Original Mortgage
$450,000
Outstanding Balance
$437,293
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$268,946

Purchase Details

Listed on
May 26, 2022
Closed on
Feb 3, 2023
Sold by
Lu Ngoc Hue
Bought by
Lu A T
Seller's Agent
sean kuo
R.I.S.E
Buyer's Agent
Nancy Chen
LIFE Realty District
List Price
$715,000
Sold Price
$613,000
Premium/Discount to List
-$102,000
-14.27%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$437,293
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$268,946

Purchase Details

Listed on
May 26, 2022
Closed on
Jan 31, 2023
Sold by
Lu Kienh Diep
Bought by
Lu Quyen Dieu
Seller's Agent
sean kuo
R.I.S.E
Buyer's Agent
Nancy Chen
LIFE Realty District
List Price
$715,000
Sold Price
$613,000
Premium/Discount to List
-$102,000
-14.27%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$437,293
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$268,946

Purchase Details

Listed on
May 26, 2022
Closed on
Jan 23, 2023
Sold by
Kuo Eva and Kuo Frank Roy
Bought by
Lu Quyen Dieu and Lu T A
Seller's Agent
sean kuo
R.I.S.E
Buyer's Agent
Nancy Chen
LIFE Realty District
List Price
$715,000
Sold Price
$613,000
Premium/Discount to List
-$102,000
-14.27%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$437,293
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$268,946

Purchase Details

Listed on
Jan 15, 2019
Closed on
Mar 8, 2019
Sold by
Ganre Ltd
Bought by
Kuo Eva and Murphy Frank Roy
Seller's Agent
Sarah Sorrells
R.I.S.E
Buyer's Agent
Lee Ching Huang
Vegas 99 Realty
List Price
$375,000
Sold Price
$360,000
Premium/Discount to List
-$15,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.74%
Original Mortgage
$270,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 13, 2013
Closed on
Nov 5, 2013
Sold by
Tam Lily Y Y and Tam Sammy C H
Bought by
Ganre Ltd
Seller's Agent
Chaely Chan
Property Vegas, LLC
Buyer's Agent
Chaely Chan
Property Vegas, LLC
List Price
$239,900
Sold Price
$215,000
Premium/Discount to List
-$24,900
-10.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.11%

Purchase Details

Closed on
Oct 28, 2009
Sold by
Chan Patrick and Li Chan Mei
Bought by
Tam Lily Y Y and Tam Sammy C H

Purchase Details

Closed on
Apr 20, 2007
Sold by
Chan Suet Lai
Bought by
Chan Joseph T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.11%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 18, 2007
Sold by
Ryan Timothy M and Ryan Concetta D
Bought by
Chan Patrick and Li Chan Mei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.11%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 2, 2003
Sold by
Doti Carol
Bought by
Doti Joel T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
6.27%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 27, 2001
Sold by
Rodriguez Yong
Bought by
Ruiz Mario A and Ruiz Tadashi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,577
Interest Rate
6.57%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 27, 2000
Sold by
Rodriguez Tommy
Bought by
Rodriguez Yong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,455
Interest Rate
7.98%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 19, 2000
Sold by
Forget Norman R and Forget Linda A
Bought by
Rodriguez Yong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,455
Interest Rate
7.98%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 2, 1997
Sold by
Kajiura Scott H
Bought by
Forget Norman R and Forget Linda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,900
Interest Rate
7.62%

Purchase Details

Closed on
Sep 8, 1994
Sold by
Orbito Mario Arriola and Orbito Corazon Hortizuela
Bought by
Kajiura Scott H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
7.5%
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
Palms Llc -- --
Lu A T -- Clear Title Company
Lu Quyen Dieu -- Clear Title Company
Lu Quyen Dieu $613,000 Clear Title Company
Kuo Eva $360,000 North Eastern Title Company
Ganre Ltd $215,000 First American Title
Tam Lily Y Y $182,000 Old Republic Title Company
Chan Joseph T -- Fidelity National Title
Chan Patrick -- Fidelity National Title
Doti Joel T -- Lawyers Title Of Nevada
Ryan Timothy M -- Lawyers Title Of Nevada
Ryan Timothy M $280,000 Lawyers Title Of Nevada
Ruiz Mario A $244,990 First American Title Co
Rodriguez Yong -- First American Title Co
Rodriguez Yong $220,000 First American Title Co
Forget Norman R $180,000 First American Title Co
Kajiura Scott H $182,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lu A T $450,000
Previous Owner Kuo Eva $280,100
Previous Owner Kuo Eva $270,000
Previous Owner Chan Patrick $350,000
Previous Owner Ryan Timothy M $212,000
Previous Owner Ryan Timothy M $206,250
Previous Owner Ruiz Mario A $241,577
Previous Owner Rodriguez Yong $202,455
Previous Owner Forget Norman R $134,900
Previous Owner Kajiura Scott H $109,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2023 02/08/23 Sold $613,000 -5.7% $166 / Sq Ft
12/14/2022 12/14/22 Pending -- -- --
11/25/2022 11/25/22 Price Changed $650,000 -9.1% $176 / Sq Ft
05/26/2022 05/26/22 For Sale $715,000 +98.6% $194 / Sq Ft
03/28/2019 03/28/19 Sold $360,000 -4.0% $98 / Sq Ft
02/26/2019 02/26/19 Pending -- -- --
01/15/2019 01/15/19 For Sale $375,000 +74.4% $102 / Sq Ft
11/23/2013 11/23/13 Sold $215,000 -10.4% $58 / Sq Ft
10/24/2013 10/24/13 Pending -- -- --
05/13/2013 05/13/13 For Sale $239,900 -- $65 / 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 $2,289 $101,712 $60,200 $41,512
2024 $2,120 $101,712 $60,200 $41,512
2023 $2,120 $93,488 $53,200 $40,288
2022 $1,963 $78,377 $39,200 $39,177
2021 $1,818 $73,088 $35,000 $38,088
2020 $1,685 $73,937 $35,000 $38,937
2019 $1,580 $72,356 $32,900 $39,456
2018 $1,507 $62,661 $23,800 $38,861
2017 $1,685 $57,469 $18,025 $39,444
2016 $2,062 $58,221 $16,100 $42,121
2015 $1,408 $56,084 $14,000 $42,084
2014 $1,364 $52,901 $11,200 $41,701
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2400397

Las Vegas REALTORS®

APN: 162-18-214-026