NOT LISTED FOR SALE

485 Mckellar Cir Las Vegas, NV 89119

University District Neighborhood

Estimated Value: $618,000 - $779,000

8 Beds
4 Baths
3,402 Sq Ft
$201/Sq Ft Est. Value

Last Sold October 02, 2012

Last sale price $630,000 $185 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,767/month

41 Days on Market

Highlights

  • Accessible Entrance
  • Central Heating and Cooling System
  • Carpet

About This Home

As of October 2012

One of the few remaining 4 plex buildings for sale in this central location near the Strip and UNLV. 100% occupied. Units have always stayed RENTED due to proximity to the STRIP! Great condition and great long term tenants! Tenants have been there 5-10 years! Property management on site!

Last Agent to Sell the Property

Wendy Cherrington

Orange Realty Group LLC License #S.0169033 Listed on: 07/22/2012

Last Buyer's Agent

Wendy Cherrington

Orange Realty Group LLC License #S.0169033 Listed on: 07/22/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,112

Year Built

  • Built in 1963

Lot Details

  • 0.27 Acre Lot
  • Property is in good condition

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 3,402 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Carpet

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Additional Features

  • Accessible Entrance
  • Central Heating and Cooling System

Community Details

  • 2 Units
  • Maintenance Expense $100

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,112

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.27
  • CapRate: 13.53
  • Subdivision Name: 0
  • Directions: FROM EASTERN GO WEST ON FLAMINGO*NORTH ON PALOS VERDES*WEST ON MCKELLAR TO PROPERTY
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1963
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2
  • Year Built: 1963

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Disposal, Oven, Range, Refrigerator
  • Accessibility Features: Accessible Entrance
  • Flooring: Carpet
  • Window Features: Blinds

Exterior Features

  • Construction Type: Stucco
  • Property Condition: Good Condition, Resale
  • Roof: Flat

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • 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

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 11761.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 26736.0
  • Insurance Expense: 900.0
  • Maintenance Expense: 100.0
  • Annual Operating Expense: 2400.0

Tax Info

  • Tax Annual Amount: 1112.0
  • Tax Block: 0
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2021
Sold by
Jm Properties Llc
Bought by
Park Pacific Llc
Current Estimated Value
$683,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,137,442
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 8, 2021
Sold by
Kimball Fenn C and The Fenn C Kimball Trust
Bought by
Jm Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,137,442
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 14, 2012
Sold by
Republicbankaz Na
Bought by
Gnc Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,200
Interest Rate
3.83%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 23, 2011
Sold by
Perez Re Development L L C
Bought by
Republicbankaz N A

Purchase Details

Closed on
Aug 9, 2010
Sold by
Scda Llc
Bought by
Perez Re Development Llc

Purchase Details

Closed on
Jun 18, 2010
Sold by
Perez Re Development Llc
Bought by
Scda Llc

Purchase Details

Closed on
Feb 4, 2008
Sold by
Canales Consuelo C
Bought by
Perez Re Development Llc

Purchase Details

Closed on
Aug 15, 2003
Sold by
Canales Consuelo C and Canales Guillermina
Bought by
Canales Consuelo C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,900
Interest Rate
5.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 17, 1998
Sold by
Canales Consuelo C and Canales Fernando L
Bought by
Canales Fernando L and Canales Consuelo C

Purchase Details

Closed on
Aug 4, 1997
Sold by
Valtier Antonio R and Valtier Bertha V
Bought by
Canales Fernando L and Canales Consuelo C
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
Park Pacific Llc $2,162,442 First American Title Insu
Jm Properties Llc $2,165,000 Old Republic Title Of Nevada
Gnc Properties Llc $467,000 First American Title Paseo
Republicbankaz N A $108,351 Nevada Title Las Vegas
Perez Re Development Llc -- None Available
Scda Llc -- None Available
Perez Re Development Llc $492,450 Chicago Title
Canales Consuelo C -- United Title Of Nevada
Canales Fernando L -- --
Canales Fernando L $136,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jm Properties Llc $2,137,442
Previous Owner Gnc Properties Llc $280,200
Previous Owner Canales Consuelo C $178,900
Previous Owner Canales Fernando L $132,618
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2012 10/02/12 Sold $630,000 +231.8% $185 / Sq Ft
09/02/2012 09/02/12 Pending -- -- --
07/22/2012 07/22/12 For Sale $189,900 -- $56 / 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 $1,725 $74,626 $40,600 $34,026
2024 $1,598 $74,626 $40,600 $34,026
2023 $1,598 $61,968 $32,200 $29,768
2022 $1,480 $58,466 $30,800 $27,666
2021 $1,371 $53,779 $28,000 $25,779
2020 $1,270 $53,261 $28,000 $25,261
2019 $1,190 $51,113 $26,600 $24,513
2018 $1,136 $48,378 $25,200 $23,178
2017 $1,324 $45,155 $22,400 $22,755
2016 $1,064 $41,925 $19,600 $22,325
2015 $1,061 $38,339 $16,800 $21,539
2014 $1,028 $34,003 $15,400 $18,603
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2012

    Wendy Cherrington

    Orange Realty Group LLC

    (808) 216-3435

    50 Total Sales

    Wendy Cherrington
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Map

Source: Las Vegas REALTORS®

MLS Number: 1269475

Las Vegas REALTORS®

APN: 162-15-411-017

Nevada Clark County Las Vegas 89119 University District

485 Mckellar Cir, Las Vegas, NV

This home is located at 485 Mckellar Cir, Las Vegas, NV 89119 since 22 July 2012 and is currently estimated at $683,333, approximately $200 per square foot. This property was built in 1963. 485 Mckellar Cir is a home located in Clark County with nearby schools including Ruby S Thomas Elementary School, William E. Orr Middle School, and Valley High School.

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.

Las Vegas REALTORS® The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. Information is deemed reliable but not guaranteed. Copyright 2025 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.

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