NOT LISTED FOR SALE

4748 Cessna Ave Las Vegas, NV 89115

Estimated Value: $339,000 - $683,000

8 Beds
6 Baths
3,604 Sq Ft
$148/Sq Ft Est. Value

Last Sold December 07, 2015

Last sale price $162,500 $45 Per Sq Ft

Est. 227% increase in value since last sale

Current estimated payment $3,103/month

76 Days on Market

Highlights

  • Wood Flooring
  • Storage
  • Community Storage Space
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of December 2015

Price just reduced! Good condition 4 plex with 2 one bedroom and 2 three bedroom units. Coin Laundry on site with storage for each unit. great investment property or owner live in for free plus income with 3 units rented out.

Last Agent to Sell the Property

Ruomei Wang

Landmark Realty License #S.0172500 Listed on: 08/22/2015

Last Buyer's Agent

Admin Assistant

NON-MLS OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $940

Year Built

  • Built in 1984

Lot Details

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

Parking

  • 9 Parking Spaces

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,604 Sq Ft Home
  • 2-Story Property
  • Storage

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 31 / 103

Community Details

Overview

  • 2 Units
  • Puebla Est Subdivision

Additional Features

  • Community Storage Space
  • Maintenance Expense $50

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$940

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • CapRate: 13.78
  • Subdivision Name: PUEBLA EST
  • Directions: Take I-15 north exit on Craig Road to east. Turn South on Puebla St, Turn East on Cessna Ave.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1984
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1984

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Disposal, Oven, Range, Refrigerator, Washer
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Storage
  • Living Area: 3604.0

Exterior Features

  • Disclosures: Principal is Real Estate Licensed
  • Construction Type: Stucco, Wood Frame
  • Property Condition: Good Condition, Resale
  • Roof: Tile

Garage/Parking

  • Total Parking Spaces: 9.0

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Laundry Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 1100.0

Condo/Co-op/Association

  • Amenities: Storage

Lot Info

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

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 23960.0
  • Insurance Expense: 815.0
  • Maintenance Expense: 50.0
  • Annual Operating Expense: 540.0

Tax Info

  • Tax Annual Amount: 940.0
  • Tax Block: 103
  • Tax Lot: 31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2015
Closed on
Dec 3, 2015
Sold by
Wang Ruomei
Bought by
3610 Ala Llc
Seller's Agent
Ruomei Wang
Landmark Realty
Buyer's Agent
Admin Assistant
NON-MLS OFFICE
List Price
$185,000
Sold Price
$162,500
Premium/Discount to List
-$22,500
-12.16%
Total Days on Market
76
Current Estimated Value
$532,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,578
Avg. Annual Appreciation
13.27%

Purchase Details

Closed on
Oct 1, 2010
Sold by
Aurora Loan Services Llc
Bought by
Wang Ruomei

Purchase Details

Closed on
Aug 11, 2010
Sold by
Sar Leang and Sar Savinn So
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Jan 30, 2006
Sold by
Rivera Jose L and Rivera Martin
Bought by
Sar Leang and Sar Savinn So

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,000
Interest Rate
6.21%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 14, 2004
Sold by
Rivera Araceli
Bought by
Rivera Jose L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
7.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 19, 2002
Sold by
Velazquez Doroteo Lopez and Lopez Hipolita V
Bought by
Gutierrez Francisco and Gutierrez Ignacia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
7.75%

Purchase Details

Closed on
Jun 7, 1999
Sold by
Velazquez Doroteo Lopez and Lopez Hipolita V
Bought by
Velazquez Doroteo Lopez and Gutierrez Francisco

Purchase Details

Closed on
Jun 30, 1998
Sold by
Espinoza Miguel A and Espinoza Clementina Q
Bought by
Velazquez Doroteo Lopez and Lopez Hipolita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,330
Interest Rate
7.06%
Mortgage Type
FHA

Purchase Details

Closed on
May 15, 1997
Sold by
Brady Michael J
Bought by
Espinoza Miguel A and Espinoza Clementina O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,726
Interest Rate
8.15%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 10, 1996
Sold by
Brady Michael J
Bought by
Brady Michael J and Michael J Brady Accountancy Corp Money P

Purchase Details

Closed on
Dec 5, 1995
Sold by
Brady Michael J and Brady Sandra Lee
Bought by
Brady Michael J

Purchase Details

Closed on
Aug 10, 1994
Sold by
Brady Michael J and Brady Sandra L
Bought by
Brady Michael J and Brady Sandra L
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
3610 Ala Llc $162,500 Ort Co Of Nevada
Wang Ruomei -- Ort Co Of Nevada
Wang Ruomei -- Ort Co Of Nevada
Wang Ruomei $85,000 Ticor Title Las Vegas
Aurora Loan Services Llc $396,738 Accommodation
Sar Leang $388,000 Chicago Title
Rivera Jose L -- Fidelity National Title
Rivera Jose L $250,000 Fidelity National Title
Gutierrez Francisco -- Land Title
Velazquez Doroteo Lopez $2,500 --
Velazquez Doroteo Lopez $155,000 Land Title
Espinoza Miguel A $133,000 Land Title
Brady Michael J -- --
Brady Michael J -- --
Brady Michael J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sar Leang $338,500
Previous Owner Sar Leang $25,100
Previous Owner Sar Leang $291,000
Previous Owner Sar Leang $58,200
Previous Owner Rivera Jose L $225,000
Previous Owner Gutierrez Francisco $154,000
Previous Owner Velazquez Doroteo Lopez $151,330
Previous Owner Brady Michael J $130,726
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2015 12/07/15 Sold $162,500 -12.2% $45 / Sq Ft
11/07/2015 11/07/15 Pending -- -- --
08/22/2015 08/22/15 For Sale $185,000 -- $51 / 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 $1,417 $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 -- $30,149 $8,400 $21,749
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Ruomei Wang

    Landmark Realty

    (702) 526-6905

    14 Total Sales

    Ruomei Wang
    Section Image

  • A

    Buyer's Agent in 2015

    Admin Assistant

    NON-MLS OFFICE

    (702) 260-1003

    213 in this area

    5,236 Total Sales

    Admin Assistant
    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 1567049

Las Vegas REALTORS®

APN: 140-05-710-068

Nevada Clark County Las Vegas 89115

4748 Cessna Ave, Las Vegas, NV

This home is located at 4748 Cessna Ave, Las Vegas, NV 89115 since 22 August 2015 and is currently estimated at $532,078, approximately $147 per square foot. This property was built in 1984. 4748 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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