NOT LISTED FOR SALE

4781 E Craig Rd Las Vegas, NV 89115

Estimated Value: $514,000 - $719,000

8 Beds
8 Baths
3,944 Sq Ft
$156/Sq Ft Est. Value

Last Sold May 10, 2019

Last sale price $330,000 $84 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $3,581/month

7 Days on Market

Highlights

  • Central Heating and Cooling System
  • Ceiling Fan
  • Carpet

About This Home

As of May 2019

INVESTORS & OWNER USERS: Welcome to this incredibly maintained, income-producing four-plex. Long term, friendly tenants have taken incredible care of the property over the years with 0 vacancy! Well kept building w/ ample parking, ensuite washers & dryers & oversized units, make this building a favorite among tenants!

Last Agent to Sell the Property

Karyn Carlton

Carlton Holland Realty License #B.0145715 Listed on: 04/02/2019

Last Buyer's Agent

Antonio Gastelum

Advent Realty Elite License #B.0146132

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,681

Year Built

  • Built in 1984

Lot Details

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

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,944 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Carpet

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 4 Units
  • Westgate Palms Subdivision

Building Details

  • Maintenance Expense $360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,681

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.22
  • CapRate: 8.7
  • Subdivision Name: WESTGATE PALMS
  • Directions: From the I-15N take exit 48 for Craig Rd East, destination will be on the right.
  • 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
  • Interior Amenities: Ceiling Fan(s)

Exterior Features

  • Construction Type: Wood Frame
  • Property Condition: Good Condition, Resale
  • Roof: Composition, Shingle

Utilities

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

Lot Info

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

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 36000.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 360.0
  • Annual Operating Expense: 6821.0

Tax Info

  • Tax Annual Amount: 1681.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2019
Sold by
Rosas Sandy and Taylor Jaxon
Bought by
4781 Series Of Puebla Pointe Llc
Total Days on Market
7
Current Estimated Value
$616,092

Purchase Details

Listed on
Apr 2, 2019
Closed on
May 8, 2019
Sold by
Diaz Eve M
Bought by
Rosas Sandy and Taylor Jaxon
Seller's Agent
Karyn Carlton
Carlton Holland Realty
Buyer's Agent
Antonio Gastelum
Advent Realty Elite
List Price
$335,000
Sold Price
$330,000
Premium/Discount to List
-$5,000
-1.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.38%
Original Mortgage
$247,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2009
Sold by
Burgueno Huerta Ismael
Bought by
Diaz Eve M

Purchase Details

Closed on
Jun 15, 2009
Sold by
The Bank Of New York
Bought by
Diaz Eve M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,744
Interest Rate
5.17%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 23, 2009
Sold by
Findlay Lacy Beverley A C
Bought by
The Bank Of New York

Purchase Details

Closed on
Dec 14, 2005
Sold by
Lacy Harold
Bought by
Findlay Lacy Beverley A C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,000
Interest Rate
3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 9, 2005
Sold by
Lacy Beverly Ac Findlay
Bought by
Ja Dunn Llc

Purchase Details

Closed on
Mar 2, 2005
Sold by
Lacey Harold Eugene
Bought by
Lacy Beverley A C Findlay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
8.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 6, 2002
Sold by
Duvernay James and Duvernay Gaynell T
Bought by
Davis Terrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.99%
Mortgage Type
Balloon

Purchase Details

Closed on
May 27, 1994
Sold by
Hud
Bought by
Duvernay James and Duvernay Gaynell T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,600
Interest Rate
8.45%

Purchase Details

Closed on
Feb 23, 1994
Sold by
Source One Mtg Services Corp
Bought by
Hud

Purchase Details

Closed on
Dec 10, 1993
Sold by
Tremain Robert A
Bought by
Source One Mtg Services Corp and Firemans Fund Mtg Corp
Source: Public Records

Range of Values:

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Average Value
Not Available
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
4781 Series Of Puebla Pointe Llc -- None Available
Rosas Sandy $330,000 Monument Title Insurance
Diaz Eve M -- First American Title Paseo V
Diaz Eve M $142,500 First American Title Paseo V
The Bank Of New York $144,000 Fidelity National Default So
Findlay Lacy Beverley A C -- Lawyers Title Of Nevada
Ja Dunn Llc -- None Available
Lacy Beverley A C Findlay -- Old Republic Title Co Of Nv
Lacy Beverley A C Findlay $340,000 Old Republic Title Co Of Nv
Davis Terrence -- Old Republic Title Co Of Nv
Davis Terrence $225,000 Pioneer National Title
Duvernay James -- Stewart Title
Hud -- First American Title Company
Source One Mtg Services Corp $130,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rosas Sandy $247,500
Previous Owner Diaz Eve M $137,744
Previous Owner Findlay Lacy Beverley A C $318,000
Previous Owner Lacy Beverley A C Findlay $272,000
Previous Owner Davis Terrence $180,000
Previous Owner Duvernay James $99,600
Closed Davis Terrence $45,000
Closed Lacy Beverley A C Findlay $34,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2019 05/10/19 Sold $330,000 -1.5% $84 / Sq Ft
04/10/2019 04/10/19 Pending -- -- --
04/02/2019 04/02/19 For Sale $335,000 -- $85 / 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 $1,672 $105,877 $46,200 $59,677
2024 $1,549 $105,877 $46,200 $59,677
2023 $1,549 $104,177 $47,950 $56,227
2022 $1,434 $89,815 $35,700 $54,115
2021 $1,328 $80,732 $28,700 $52,032
2020 $1,230 $78,907 $26,250 $52,657
2019 $1,153 $75,570 $22,750 $52,820
2018 $1,100 $68,402 $16,800 $51,602
2017 $1,853 $63,197 $11,025 $52,172
2016 $1,681 $45,298 $8,400 $36,898
2015 $1,678 $44,449 $8,400 $36,049
2014 $1,646 $32,950 $8,400 $24,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2083932

Las Vegas REALTORS®

APN: 140-05-711-004