NOT LISTED FOR SALE

Estimated Value: $753,000 - $842,000

8 Beds
8 Baths
3,688 Sq Ft
$216/Sq Ft Est. Value

Last Sold September 15, 2015

Last sale price $239,000 $65 Per Sq Ft

Est. 233% increase in value since last sale

Current estimated payment $4,354/month

94 Days on Market

Highlights

  • 0.36 Acre Lot
  • Patio
  • Property is in very good condition
  • Ed W Clark High School Rated A-
  • Central Heating and Cooling System
  • Carpet

About This Home

As of September 2015

GREAT INVESTMENT AND INCOME OPPORTUNITY, TURN KEY READY TO GO, RECENTLY REMODLED ALL UNITS RENTED. CENTRALLY LOCATED, ALL APPLIANCES, SECURITY BARS, FREASHLY PAINTED, LANDSCAPING, TO MANY TO LIST. BRING YOUR BEST INVESTER!!

Last Agent to Sell the Property

Admin Assistant

Virtual One Property Mgmt. License #B.0037388 Listed on: 05/13/2015

Last Buyer's Agent

David Neu

Shelter Realty, Inc License #S.0175612

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,380

Year Built

  • Built in 1977

Lot Details

  • 0.36 Acre Lot
  • Property is in very good condition

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Tile Roof
  • Stucco

Interior Spaces

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

Kitchen

  • Oven
  • Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Legal Lot and Block 7 / 1

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include management, insurance, ground maintenance, trash
  • 4,768 Buildings
  • 2 Units
  • Spring Oaks #04 Subdivision

Building Details

  • Maintenance Expense $200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,380

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.36
  • CapRate: 7.2
  • Subdivision Name: SPRING OAKS #04
  • Directions: FROM DECATUR & SPRING MOUNTAIN, EAST ON SPRING MOUNTAIN, SOUTH ON STOBER, RIGHT ON SANCREEK TO PROPERTY.
  • 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: 4768
  • Appliances: Dryer, Dishwasher, Oven, Range, Refrigerator, Washer
  • Flooring: Carpet
  • Living Area: 3688.0
  • Window Features: Blinds

Exterior Features

  • Disclosures: Principal is Real Estate Licensed
  • Construction Type: Stucco
  • Patio And Porch Features: Patio
  • Property Condition: Resale, Very Good Condition
  • Roof: Flat, Tile

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 250.0

Condo/Co-op/Association

  • Amenities: None
  • Association Fee: 5988.0
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Insurance, Maintenance Grounds, Trash

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 15682.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 29640.0
  • Insurance Expense: 148.0
  • Maintenance Expense: 200.0
  • Annual Operating Expense: 12000.0

Tax Info

  • Tax Annual Amount: 1380.0
  • Tax Block: 1
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2023
Sold by
Galindo Krystal
Bought by
Galindo Joshua F
Current Estimated Value
$796,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.6%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 1, 2021
Sold by
Galindo Group Investments Llc Series 15
Bought by
Galindo Futures Llc Series 15

Purchase Details

Closed on
Sep 28, 2018
Sold by
Cianciosi Elizabeth and Cianciosi Thomas
Bought by
Galindo Group Investments Series 15

Purchase Details

Listed on
May 13, 2015
Closed on
Sep 9, 2015
Sold by
Michael Mays Properties Llc
Bought by
Cianciosi Elizabeth and Cianciosi Thomas
Seller's Agent
Admin Assistant
Virtual One Property Mgmt.
Buyer's Agent
David Neu
Shelter Realty, Inc
List Price
$265,000
Sold Price
$239,000
Premium/Discount to List
-$26,000
-9.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.62%
Original Mortgage
$234,671
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 22, 2014
Sold by
Michael Mays Properties Llc
Bought by
Michael Mays Properties Llc

Purchase Details

Listed on
Apr 13, 2012
Closed on
May 31, 2012
Sold by
The Bank Of New York Mellon
Bought by
Mays Properties Llc
Seller's Agent
Corey Geib
Century 21 Americana
Buyer's Agent
Eileen Lefebvre
Anchor Realty Group
List Price
$106,900
Sold Price
$112,000
Premium/Discount to List
$5,100
4.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.86%

Purchase Details

Closed on
Jul 18, 2011
Sold by
Villa Maria C
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
May 4, 2004
Sold by
Amarillas Isabel
Bought by
Villa Maria C

Purchase Details

Closed on
Apr 30, 2004
Sold by
Ortiz Jose R
Bought by
Villa Maria C

Purchase Details

Closed on
Sep 10, 1995
Sold by
Marshak Judy
Bought by
Villa Maria C and Amarillas Isabel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,354
Interest Rate
7.42%
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
Galindo Joshua F -- Chicago Title
Galindo Joshua F -- Chicago Title
Cricket Trust -- Chicago Title
Galindo Futures Llc Series 15 -- Chicago Title
Galindo Futures Llc Series 15 -- Chicago Title Corporate C
Galindo Group Investments Series 15 $300,000 Fidelity National Title
Cianciosi Elizabeth $239,000 Chicago Title Las Vegas
Michael Mays Properties Llc -- None Available
Mays Properties Llc $112,000 Fidelity Rainbow
The Bank Of New York Mellon $117,000 Accommodation
Villa Maria C -- First American Title Co Of
Villa Maria C -- First American Title Co Of
Villa Maria C $200,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Galindo Futures Llc Series 15 $185,000
Previous Owner Galindo Joshua $302,400
Previous Owner Clanciasi Elizabeth $234,365
Previous Owner Cianciosi Elizabeth $234,671
Previous Owner Villa Maria C $337,500
Previous Owner Villa Maria C $193,354
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2015 09/15/15 Sold $239,000 -9.8% $65 / Sq Ft
08/16/2015 08/16/15 Pending -- -- --
05/13/2015 05/13/15 For Sale $265,000 +136.6% $72 / Sq Ft
07/02/2012 07/02/12 Sold $112,000 +4.8% $30 / Sq Ft View Prior Sale
06/02/2012 06/02/12 Pending -- -- --
04/13/2012 04/13/12 For Sale $106,900 -- $29 / 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 $2,107 $101,757 $60,200 $41,557
2024 $2,046 $101,757 $60,200 $41,557
2023 $2,145 $93,532 $53,200 $40,332
2022 $1,986 $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

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Map

Source: Las Vegas REALTORS®

MLS Number: 1539536

Las Vegas REALTORS®

APN: 162-18-214-007