NOT LISTED FOR SALE

4821 E Craig Rd Las Vegas, NV 89115

Estimated Value: $398,330 - $769,000

8 Beds
8 Baths
3,944 Sq Ft
$164/Sq Ft Est. Value

Last Sold July 27, 2012

Last sale price $111,000 $28 Per Sq Ft

Est. 482% increase in value since last sale

Current estimated payment $3,567/month

243 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of July 2012

FourPlex in very good condition. One apartment has been owner occupied is completely remodeled. Three are tenant occupied and in very good condition. Each apartment has two bedrooms and two baths. The building has two parking spaces for each apartment.

Last Agent to Sell the Property

Josefina Martinez

United Realty Group License #S.0048634 Listed on: 10/27/2011

Last Buyer's Agent

Agueda Ureno

ERA Brokers Consolidated License #S.0065760

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,768

Year Built

  • Built in 1984

Lot Details

  • 9,590 Sq Ft Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,944 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 8 Parking Spaces
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 7 / 1

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Westgate Palms Subdivision

Building Details

  • Maintenance Expense $720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,768

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.22
  • CapRate: 7.01
  • Subdivision Name: WESTGATE PALMS
  • Directions: FROM CRAIG AND LAMB GO EAST ON CRAIG TO PROPERTY AT 4821
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1984
  • ResoPropertyType: Residential
  • Special Features: 12
  • Stories: 2
  • Year Built: 1984

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oven, Range
  • Flooring: Carpet, Ceramic Tile, Other
  • Interior Amenities: None

Exterior Features

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

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 4440.0

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 9590.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 16605.0
  • Insurance Expense: 860.0
  • Maintenance Expense: 720.0
  • Annual Operating Expense: 8544.0

Tax Info

  • Tax Annual Amount: 1768.0
  • Tax Block: 1
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2015
Sold by
Ayala Ana and Beltran Ana C
Bought by
Ayala Ana and Ayala Ernesto
Current Estimated Value
$646,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Outstanding Balance
$99,702
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$546,631

Purchase Details

Listed on
Oct 27, 2011
Closed on
Jul 25, 2012
Sold by
Loya Marquez Jessica
Bought by
Loya Marquez Sergio E
Seller's Agent
Josefina Martinez
United Realty Group
Buyer's Agent
Agueda Ureno
ERA Brokers Consolidated
List Price
$115,000
Sold Price
$111,000
Premium/Discount to List
-$4,000
-3.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.24%
Original Mortgage
$108,989
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 27, 2011
Closed on
Jun 29, 2012
Sold by
Loya Marquez Sergio E
Bought by
Beltran Ana C
Seller's Agent
Josefina Martinez
United Realty Group
Buyer's Agent
Agueda Ureno
ERA Brokers Consolidated
List Price
$115,000
Sold Price
$111,000
Premium/Discount to List
-$4,000
-3.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,989
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 14, 2005
Sold by
Marquez Claudia C Loya
Bought by
Loya Marquez Sergio E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,750
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2001
Sold by
Escobedo Jeronimo and Escobedo Carmen E
Bought by
Loya Marquez Sergio E and Loya Marquez Claudia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,678
Interest Rate
7.09%
Mortgage Type
FHA

Purchase Details

Closed on
May 30, 1997
Sold by
Vita Eldon A and Vita Bituin O
Bought by
Escobedo Jeronimo and Escobedo Carmen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,462
Interest Rate
8.13%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Ayala Ana -- First American Title Ins
Loya Marquez Sergio E -- Fidelity National Title Las
Beltran Ana C $111,000 Fidelity National Title Las
Loya Marquez Sergio E -- Nevada Title Company
Loya Marquez Sergio E $215,000 Land Title
Escobedo Jeronimo $144,500 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayala Ana $128,000
Closed Beltran Ana C $108,989
Previous Owner Loya Marquez Sergio E $284,750
Previous Owner Loya Marquez Sergio E $211,678
Previous Owner Escobedo Jeronimo $141,462
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2012 07/27/12 Sold $111,000 -3.5% $28 / Sq Ft
06/27/2012 06/27/12 Pending -- -- --
10/27/2011 10/27/11 For Sale $115,000 -- $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 $1,675 $106,029 $46,200 $59,829
2024 $1,552 $106,029 $46,200 $59,829
2023 $1,552 $104,321 $47,950 $56,371
2022 $1,437 $89,951 $35,700 $54,251
2021 $1,331 $80,862 $28,700 $52,162
2020 $1,233 $79,037 $26,250 $52,787
2019 $1,155 $75,700 $22,750 $52,950
2018 $1,102 $68,530 $16,800 $51,730
2017 $1,857 $63,330 $11,025 $52,305
2016 $1,033 $45,389 $8,400 $36,989
2015 $1,030 $44,538 $8,400 $36,138
2014 $998 $33,010 $8,400 $24,610
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Josefina Martinez

    United Realty Group

  • A

    Buyer's Agent in 2012

    Agueda Ureno

    ERA Brokers Consolidated

    8 in this area

    19 Total Sales

    Agueda Ureno
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Map

Source: Las Vegas REALTORS®

MLS Number: 1197863

Las Vegas REALTORS®

APN: 140-05-711-007

Nevada Clark County Las Vegas 89115

4821 E Craig Rd, Las Vegas, NV

This home is located at 4821 E Craig Rd, Las Vegas, NV 89115 since 27 October 2011 and is currently estimated at $646,333, approximately $163 per square foot. This property was built in 1984. 4821 E Craig Rd 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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