NOT LISTED FOR SALE

4721 Cessna Ave Las Vegas, NV 89115

Estimated Value: $502,000 - $695,000

8 Beds
6 Baths
3,604 Sq Ft
$169/Sq Ft Est. Value

Last Sold March 03, 2021

Last sale price $373,000 $103 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,530/month

13 Days on Market

Highlights

  • No HOA
  • Landscaped
  • Ceiling Fan
  • Sustainable Flooring
  • Central Heating and Cooling System
  • Laundry Facilities

About This Home

As of March 2021

WOW, WHAT A DEAL AND A STEAL! **THIS IS AN INVESTORS DREAM** LOCATION LOCATION LOCATION. CENTRALLY LOCATED BUILDING IS NEVER EMPTY WITH LONG TERM TENANTS. ALL FOUR UNITS ARE RENTED OUT AND IN GOOD CONDITIONS. GREAT TENANTS = GREAT INVESTMENT!
BUILDING IS 2 STORY 4 UNITS W/ TWO UNITS HAVING 3 BEDS & 2 BATH 1050SQFT ..AND TWO UNITS HAVE 1 BED AND 1 BATH 750SQFT. PROPERTY HAS COURTESY ONSITE WASHER FOR TENANTS USE AND COINBASED DRYER LOCATED IN BUILDING LAUNDRY AREA. SEPERATE PARKING UNIT FOR EACH TENANT IN THE REAR OF BUILDING. EXTERIOR LIGHTS AND FULLY FENCED IN PROPERTY. ALL UNITS HAVE SECURITY BARS, UPDATED FLOORING AND UPDATED KITCHENS. NEW ROOF LESS THAN A YR OLD, AC UNITS AND HEATING UNITS ALL SERVICED RECENTLY. HAPPY TENANTS = $$$. CHECK OUT THIS GREAT AND AMAZING STEAL OF A DEAL. YOUR BUYERS WILL BE HAPPY WITH THIS BUILDING. MATURE LANDSCAPING AND CLEAN PROPERTY.

Last Agent to Sell the Property

Hadid Cortez

Simply Vegas License #S.0057210 Listed on: 01/18/2021

Simply Vegas

Last Buyer's Agent

Kekoa Lwin

eXp Realty License #S.0191899

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,126

Year Built

  • Built in 1984

Lot Details

  • 8,276 Sq Ft Lot
  • Landscaped
  • Property is in average condition

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,604 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds

Kitchen

  • Oven
  • Range with Range Hood
  • Disposal

Flooring

  • Carpet
  • Sustainable
  • Ceramic Tile

Parking

  • 4 Parking Spaces
  • Alley Access
  • Paved Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, water

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Puebla Estate Subdivision

Additional Features

  • Laundry Facilities
  • Maintenance Expense $600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,126

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • Subdivision Name: Puebla Estate
  • Directions: FROM I-15, EXIT EAST ON CRAIG RD *RT ON PUEBLA* LT ON CESSNA AVE* 4721 CESSNA PROPERTY IS ON THE RIGHT*
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1984
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2
  • Year Built: 1984

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Appliances: Exhaust Fan, Disposal, Oven, Range, Refrigerator, Range Hood
  • Flooring: Carpet, Ceramic Tile, Sustainable, Tile
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 3604.0
  • Window Features: Blinds

Exterior Features

  • Construction Type: Stucco
  • Property Condition: Average Condition, Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Alley Access, Assigned, Paved
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 450.0

Condo/Co-op/Association

  • Amenities: Landscaping, Laundry, Cable TV
  • Association: No

Schools

Lot Info

  • Lot Size Sq Ft: 8276.0
  • Additional Parcels Description: ---
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity, Water

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 29700.0
  • Insurance Expense: 1000.0
  • Maintenance Expense: 600.0
  • Annual Operating Expense: 3250.0

Tax Info

  • Tax Annual Amount: 1126.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2024
Sold by
Bae Yoon Soo
Bought by
Cessna Avenue Trust and Betula Llc
Total Days on Market
13
Current Estimated Value
$608,279

Purchase Details

Listed on
Jan 18, 2021
Closed on
Mar 1, 2021
Sold by
Schmidt Jens Erik Harboe
Bought by
Bae Yoon Soo
Seller's Agent
Hadid Cortez
Simply Vegas
Buyer's Agent
Kekoa Lwin
eXp Realty
List Price
$360,000
Sold Price
$373,000
Premium/Discount to List
$13,000
3.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.13%
Original Mortgage
$279,750
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 18, 2021
Closed on
Feb 18, 2021
Sold by
Irianda Robert and Bravo Eugenia
Bought by
Bae Yoon Soo
Seller's Agent
Hadid Cortez
Simply Vegas
Buyer's Agent
Kekoa Lwin
eXp Realty
List Price
$360,000
Sold Price
$373,000
Premium/Discount to List
$13,000
3.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,750
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2006
Sold by
Irianda Roberto and Irianda Eugenia Bravo
Bought by
Irianda Roberto and Bravo Eugenia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,750
Interest Rate
7.62%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 7, 2002
Sold by
Benavides Leovigildo
Bought by
Irianda Roberto and Irianda Eugenia Bravo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,288
Interest Rate
6.86%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 18, 2000
Sold by
Lainer Donald
Bought by
Benavides Leovigildo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,610
Interest Rate
7.96%

Purchase Details

Closed on
Oct 17, 2000
Sold by
Benavides Leovigildo and Benavides Mary H
Bought by
Benavides Leovigildo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,610
Interest Rate
7.96%

Purchase Details

Closed on
Jun 4, 1998
Sold by
Duey Dale R and Duey Jane R
Bought by
Lainer Donald

Purchase Details

Closed on
Aug 18, 1995
Sold by
Donald Olson For Zenith Properties
Bought by
Lainer Donald
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
Cessna Avenue Trust -- None Listed On Document
Cessna Avenue Trust -- None Listed On Document
Bae Yoon Soo -- First American Title Insu
Bae Yoon Soo $373,000 First American Title Insu
Irianda Roberto -- Old Republic Title Co Of Nv
Irianda Roberto $201,400 Stewart Title
Benavides Leovigildo $172,900 Land Title
Benavides Leovigildo -- Land Title
Lainer Donald -- Old Republic Title Company
Lainer Donald $117,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bae Yoon Soo $279,750
Previous Owner Irianda Roberto $303,750
Previous Owner Irianda Roberto $255,000
Previous Owner Irianda Roberto $198,288
Previous Owner Benavides Leovigildo $155,610
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2021 03/03/21 Sold $373,000 +3.6% $103 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
01/18/2021 01/18/21 For Sale $360,000 -- $100 / 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 $1,530 $99,136 $46,200 $52,936
2024 $1,417 $99,136 $46,200 $52,936
2023 $944 $97,868 $47,950 $49,918
2022 $1,313 $83,773 $35,700 $48,073
2021 $1,216 $74,933 $28,700 $46,233
2020 $1,126 $73,118 $26,250 $46,868
2019 $1,055 $69,750 $22,750 $47,000
2018 $1,007 $62,662 $16,800 $45,862
2017 $1,683 $57,374 $11,025 $46,349
2016 $944 $41,214 $8,400 $32,814
2015 $941 $40,449 $8,400 $32,049
2014 $911 $30,149 $8,400 $21,749
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2021

    Hadid Cortez

    Simply Vegas

    (702) 807-3471

    6 in this area

    30 Total Sales

    Hadid Cortez
    Section Image
  • Kekoa Lwin

    Buyer's Agent in 2021

    Kekoa Lwin

    eXp Realty

    (808) 478-6453

    4 in this area

    111 Total Sales

    Kekoa Lwin
    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 2262434

Las Vegas REALTORS®

APN: 140-05-710-063

Nevada Clark County Las Vegas 89115

4721 Cessna Ave, Las Vegas, NV

This home is located at 4721 Cessna Ave, Las Vegas, NV 89115 since 18 January 2021 and is currently estimated at $608,279, approximately $168 per square foot. This property was built in 1984. 4721 Cessna Ave is a home located in Clark County with nearby schools including J.E. Manch Elementary School, Zel & Mary Lowman Elementary School, and Carroll M. Johnston STEM Academy of Environmental Studies.

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