NOT LISTED FOR SALE

4725 Convaire Ave Las Vegas, NV 89115

Estimated Value: $317,519 - $700,000

8 Beds
4 Baths
3,468 Sq Ft
$145/Sq Ft Est. Value

Last Sold December 06, 2013

Last sale price $127,000 $37 Per Sq Ft

Est. 291% increase in value since last sale

Current estimated payment $2,840/month

31 Days on Market

Highlights

  • No HOA
  • Storage
  • Central Heating and Cooling System
  • Laundry Room
  • Ceramic Tile Flooring

About This Home

As of December 2013

Investment opportunity! Fourplex. All four units are 2-bedroom/1bath. All tile floors in all units. Each units has a range and a refrigerator. Two units currently have tenants.

Last Agent to Sell the Property

Demetrio Roldan

Hastings Brokerage Ltd License #S.0068836 Listed on: 10/05/2013

Last Buyer's Agent

Jeffrey Williams

King of Casas LLC License #BS.0144046

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $837

Year Built

  • Built in 1983

Lot Details

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

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,468 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Storage
  • Laundry Room
  • Ceramic Tile Flooring

Kitchen

  • Oven
  • Range with Range Hood

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 60

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Puebla Est Subdivision

Building Details

  • Maintenance Expense $100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$837

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • CapRate: 5.41
  • Subdivision Name: PUEBLA EST
  • Directions: East on Craig from I-15. Pass Lamb. Right on Puebla. Left on Convaire. Second building on the right.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1983
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1983

Interior Features

  • Number Of Buildings: 1
  • Appliances: Exhaust Fan, Electric Water Heater, Oven, Range, Refrigerator, Range Hood
  • Flooring: Ceramic Tile
  • Interior Amenities: Storage
  • Living Area: 3468.0
  • Window Features: Blinds

Exterior Features

  • Construction Type: Stucco, Wood Frame
  • Property Condition: Average Condition, Resale
  • Roof: Tile

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Laundry Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 150.0

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 8276.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 10800.0
  • Insurance Expense: 75.0
  • Maintenance Expense: 100.0
  • Annual Operating Expense: 3500.0

Tax Info

  • Tax Annual Amount: 837.0
  • Tax Block: 0
  • Tax Lot: 60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2013
Closed on
Nov 20, 2013
Sold by
Cozza Charles S
Bought by
Robertson Taylor
Seller's Agent
Demetrio Roldan
Hastings Brokerage Ltd
Buyer's Agent
Jeffrey Williams
King of Casas LLC
List Price
$135,000
Sold Price
$127,000
Premium/Discount to List
-$8,000
-5.93%
Current Estimated Value
$496,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,658
Avg. Annual Appreciation
12.27%
Original Mortgage
$88,900
Outstanding Balance
$66,712
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$423,842

Purchase Details

Closed on
Oct 9, 2009
Sold by
Cozza Jacqueline C
Bought by
Cozza Charles S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,500
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2009
Sold by
Lujan Alfredo and Lujan Marisol
Bought by
Cozza Charles S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,500
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2001
Sold by
Ramirez Jesus and Ramirez Edelmira
Bought by
Lujan Alfredo and Lujan Marisol

Purchase Details

Closed on
Aug 14, 1998
Sold by
Robinson Theresa
Bought by
Robinson Willis

Purchase Details

Closed on
Jun 4, 1998
Sold by
Robinson Willis
Bought by
Ramirez Jesus and Ramirez Edelmira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,250
Interest Rate
6.88%
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
Robertson Taylor $127,000 Lawyers Title Of Nevada Cha
Cozza Charles S -- Lawyers Title Of Nevada
Cozza Charles S -- Stewart Title Las Vegas Warm
Cozza Charles S $118,000 Stewart Title Las Vegas Warm
Lujan Alfredo $170,000 Fidelity National Title
Robinson Willis -- Old Republic Title Company
Ramirez Jesus $136,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robertson Taylor $88,900
Previous Owner Cozza Charles S $88,500
Previous Owner Ramirez Jesus $128,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2013 12/06/13 Sold $127,000 -5.9% $37 / Sq Ft
11/06/2013 11/06/13 Pending -- -- --
10/05/2013 10/05/13 For Sale $135,000 -- $39 / 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 $1,449 $94,601 $46,200 $48,401
2024 $1,343 $94,601 $46,200 $48,401
2023 $894 $93,745 $47,950 $45,795
2022 $1,243 $79,864 $35,700 $44,164
2021 $1,151 $71,226 $28,700 $42,526
2020 $1,066 $69,449 $26,250 $43,199
2019 $999 $66,096 $22,750 $43,346
2018 $954 $59,108 $16,800 $42,308
2017 $1,579 $53,845 $11,025 $42,820
2016 $894 $38,756 $8,400 $30,356
2015 $891 $38,063 $8,400 $29,663
2014 $863 $28,554 $8,400 $20,154
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1389204

Las Vegas REALTORS®

APN: 140-05-710-039