NOT LISTED FOR SALE

4718 Elk Springs Ave Las Vegas, NV 89103

Chinatown Neighborhood

Estimated Value: $538,190 - $796,000

8 Beds
8 Baths
3,688 Sq Ft
$186/Sq Ft Est. Value

Last Sold November 14, 2019

Last sale price $375,000 $102 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $4,304/month

159 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Maintained Community
  • Ed W Clark High School Rated A-
  • Central Heating and Cooling System

About This Home

As of November 2019

Great investment property. Seller spent over $18000 to repair the 4 units, replaced all the washer and dryers, two new water heaters, plumbing issues. All the units are in great condition.

Last Agent to Sell the Property

Sarah Sorrells

R.I.S.E License #S.0173144 Listed on: 05/08/2019

Last Buyer's Agent

Zoie Chu

All Vegas Properties License #B.0024842

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,428

Year Built

  • Built in 1977

Lot Details

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

HOA Fees

  • $512 Monthly HOA Fees

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 3,688 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Disposal

Flooring

  • Wood
  • Tile

Additional Features

  • Balcony
  • Central Heating and Cooling System

Community Details

  • 4 Units
  • Spring Oaks #04 Subdivision
  • Maintained Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,428

Year Built

Built in 1977

Lot Details

0

HOA Fees

$512 per month

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.22
  • Subdivision Name: SPRING OAKS #04
  • Directions: From Decatur and Twain Head East. Make a LEFT on VAN DYKE then a RIGHT on ELK SPRINGS. Second Building on the LEFT.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1977
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1977

Interior Features

  • Number Of Buildings: 1
  • Appliances: Disposal
  • Flooring: Tile, Wood
  • Interior Amenities: None
  • Window Features: Blinds

Exterior Features

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Maintenance Structure
  • Association Fee: 512.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 9583.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 10375.0

Tax Info

  • Tax Annual Amount: 1428.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2019
Closed on
Dec 26, 2019
Sold by
Fung Siu Po
Bought by
Fung Siu Po and Fung Loni Leo
Seller's Agent
Sarah Sorrells
R.I.S.E
Buyer's Agent
Zoie Chu
All Vegas Properties
List Price
$378,000
Sold Price
$375,000
Premium/Discount to List
-$3,000
-0.79%
Current Estimated Value
$687,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,798
Avg. Annual Appreciation
10.71%

Purchase Details

Listed on
May 8, 2019
Closed on
Nov 14, 2019
Sold by
Fung Loni Leo
Bought by
Fung Siu Po
Seller's Agent
Sarah Sorrells
R.I.S.E
Buyer's Agent
Zoie Chu
All Vegas Properties
List Price
$378,000
Sold Price
$375,000
Premium/Discount to List
-$3,000
-0.79%

Purchase Details

Listed on
May 8, 2019
Closed on
Nov 5, 2019
Sold by
Yeh Huichu
Bought by
Fung Siu Po
Seller's Agent
Sarah Sorrells
R.I.S.E
Buyer's Agent
Zoie Chu
All Vegas Properties
List Price
$378,000
Sold Price
$375,000
Premium/Discount to List
-$3,000
-0.79%

Purchase Details

Closed on
May 27, 2015
Sold by
Fang Th
Bought by
Yeh Huichu

Purchase Details

Listed on
Mar 16, 2013
Closed on
Jun 4, 2013
Sold by
Qi Wen Gou
Bought by
Fang George Th and Yeh Huichu
Seller's Agent
Leon Sun
Compass Realty & Management
Buyer's Agent
Leon Sun
Compass Realty & Management
List Price
$165,000
Sold Price
$163,000
Premium/Discount to List
-$2,000
-1.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.32%

Purchase Details

Closed on
Jul 29, 2009
Sold by
Chevy Chase Bank Fsb
Bought by
Qi Wen Gou

Purchase Details

Closed on
Mar 4, 2009
Sold by
Rios Alvaro
Bought by
Chevy Chase Bank

Purchase Details

Closed on
Aug 3, 2005
Sold by
Rios Alvaro
Bought by
Rios Alvaro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
5.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2004
Sold by
Rios Alvaro
Bought by
Hacienda Enterprise Bt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
5.77%
Mortgage Type
Unknown

Purchase Details

Closed on
May 14, 2004
Sold by
Hacienda Enterprise Bt
Bought by
Rios Alvaro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
5.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 31, 2001
Sold by
Rios Alvaro
Bought by
Hacienda Enterprise B T

Purchase Details

Closed on
Feb 8, 1999
Sold by
Deluca Domanico
Bought by
Rios Alvaro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,678
Interest Rate
6.78%
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
Fung Siu Po -- None Available
Fung Siu Po -- Lawyers Title Chinatown L
Fung Siu Po $375,000 Lawyers Title Chinatown L
Yeh Huichu -- Accommodation
Fang George Th $163,000 Old Republic Title Co
Qi Wen Gou $150,000 Ticor Title Las Vegas
Chevy Chase Bank $242,500 None Available
Rios Alvaro -- Commonwealth Title
Hacienda Enterprise Bt -- --
Rios Alvaro -- Nevada Title
Hacienda Enterprise B T -- --
Rios Alvaro $214,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rios Alvaro $356,250
Previous Owner Rios Alvaro $256,000
Previous Owner Rios Alvaro $209,678
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/14/2019 11/14/19 Sold $375,000 -0.8% $102 / Sq Ft
10/15/2019 10/15/19 Pending -- -- --
05/08/2019 05/08/19 For Sale $378,000 +131.9% $102 / Sq Ft
06/12/2013 06/12/13 Sold $163,000 -1.2% $44 / Sq Ft View Prior Sale
05/13/2013 05/13/13 Pending -- -- --
03/16/2013 03/16/13 For Sale $165,000 -- $45 / 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 $2,215 $101,757 $60,200 $41,557
2024 $2,051 $101,757 $60,200 $41,557
2023 $2,051 $93,532 $53,200 $40,332
2022 $1,900 $78,420 $39,200 $39,220
2021 $1,839 $73,129 $35,000 $38,129
2020 $1,705 $73,978 $35,000 $38,978
2019 $1,598 $72,399 $32,900 $39,499
2018 $1,525 $62,702 $23,800 $38,902
2017 $1,685 $57,469 $18,025 $39,444
2016 $1,428 $58,221 $16,100 $42,121
2015 $1,424 $56,084 $14,000 $42,084
2014 $1,380 $52,901 $11,200 $41,701
Source: Public Records

Agents Affiliated with this Home

  • Sarah Sorrells

    Seller's Agent in 2019

    Sarah Sorrells

    R.I.S.E

    (702) 916-1993

    4 in this area

    133 Total Sales

    Sarah Sorrells
    Section Image

  • Z

    Buyer's Agent in 2019

    Zoie Chu

    All Vegas Properties

    (702) 247-8738

    4 in this area

    79 Total Sales

    Zoie Chu
    Section Image

  • L

    Seller's Agent in 2013

    Leon Sun

    Compass Realty & Management

    (818) 860-1188

    12 Total Sales

    Leon Sun
    Section Image
See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 2095174

Las Vegas REALTORS®

APN: 162-18-214-029

Nevada Clark County Las Vegas 89103 Chinatown

4718 Elk Springs Ave, Las Vegas, NV

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