NOT LISTED FOR SALE

485 North Cir Las Vegas, NV 89119

University District Neighborhood

Estimated Value: $474,602 - $655,000

8 Beds
4 Baths
2,924 Sq Ft
$195/Sq Ft Est. Value

Last Sold March 27, 2014

Last sale price $195,000 $67 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $3,166/month

21 Days on Market

About This Home

As of March 2014

GREAT INVESTMENT OPPORTUNITY*FOUR-PLEX CLOSE TO STRIP* GREAT RENTAL AREA*UNITS ARE 2 BDRM 1 BATH AND RENT FOR $475 PER MONTH

Last Agent to Sell the Property

Cheryl Van Elsis

Redfin License #S.0034170 Listed on: 02/03/2014

Last Buyer's Agent

Erik Molzen

BHHS Nevada Properties License #S.0167576

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,160

Year Built

  • Built in 1963

Lot Details

  • 0.26 Acre Lot
  • Property is in average condition

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,924 Sq Ft Home
  • 2-Story Property

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 9 / 1

Community Details

Overview

  • No Home Owners Association
  • Paradise North Subdivision

Building Details

  • Maintenance Expense $600
  • Professional Management Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,160

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.26
  • CapRate: 9.16
  • Professional Management Expense: 1200.0
  • Subdivision Name: PARADISE NORTH
  • Directions: FROM FLAMINGO RD, N-PALOS VERDES, L- NORTH CR
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1963
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1963

Interior Features

  • Number Of Buildings: 1
  • Flooring: Other
  • Interior Amenities: None
  • Living Area: 2924.0

Exterior Features

  • Disclosures: Principal is Real Estate Licensed
  • Construction Type: Stucco
  • Property Condition: Average Condition, Resale
  • Roof: Composition, Shingle

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: 1600.0

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 11326.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 1
  • Annual Gross Income: 22860.0
  • Insurance Expense: 800.0
  • Maintenance Expense: 600.0
  • Annual Operating Expense: 4553.0

Tax Info

  • Tax Annual Amount: 1160.0
  • Tax Block: 1
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2014
Closed on
Mar 24, 2014
Sold by
Haddad Iyad
Bought by
Ventures Black Lion
Seller's Agent
Cheryl Van Elsis
Redfin
Buyer's Agent
Erik Molzen
BHHS Nevada Properties
List Price
$199,900
Sold Price
$195,000
Premium/Discount to List
-$4,900
-2.45%
Current Estimated Value
$570,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,401
Avg. Annual Appreciation
9.23%

Purchase Details

Closed on
Feb 6, 2013
Sold by
Stewart Title Co
Bought by
485 North Circle Trust

Purchase Details

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

Purchase Details

Closed on
Jun 10, 2010
Sold by
Mckeller Llc
Bought by
Canal Enterprises Llc

Purchase Details

Closed on
Dec 13, 2007
Sold by
Lee Katy L
Bought by
Mckeller Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,570,000
Interest Rate
6.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 13, 2006
Sold by
Lee Katy L
Bought by
Lee Katy L and Klee Living Trust

Purchase Details

Closed on
Mar 10, 2006
Sold by
Dong Clark
Bought by
Lee Katy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,200
Interest Rate
7.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 23, 2005
Sold by
Solis Roberto
Bought by
Lee Katy L and Dong Clark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 18, 2002
Sold by
Solis Roberto and Diaz Maria
Bought by
Solis Roberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 1997
Sold by
Trejo Jose and Trejo Hortensia
Bought by
Solis Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,489
Interest Rate
7.61%
Mortgage Type
FHA
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
Ventures Black Lion $195,000 Fidelity National Title
485 North Circle Trust $116,100 None Available
Perez Re Development Llc -- None Available
Canal Enterprises Llc -- None Available
Mckeller Llc $455,000 Chicago Title
Lee Katy L -- None Available
Lee Katy L -- Fidelity National Title
Lee Katy L $353,000 Old Republic Title Co Of Nv
Solis Roberto -- Land Title
Solis Robert $164,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Katy L $291,200
Previous Owner Lee Katy L $178,000
Previous Owner Solis Roberto $148,000
Previous Owner Solis Robert $149,489
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2014 03/27/14 Sold $195,000 -2.5% $67 / Sq Ft
02/25/2014 02/25/14 Pending -- -- --
02/03/2014 02/03/14 For Sale $199,900 -- $68 / 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 $1,695 $73,312 $40,600 $32,712
2024 $1,570 $73,312 $40,600 $32,712
2023 $1,570 $60,831 $32,200 $28,631
2022 $1,719 $57,395 $30,800 $26,595
2021 $1,346 $52,793 $28,000 $24,793
2020 $1,247 $52,272 $28,000 $24,272
2019 $1,169 $50,149 $26,600 $23,549
2018 $1,115 $47,480 $25,200 $22,280
2017 $1,299 $44,285 $22,400 $21,885
2016 $1,045 $41,025 $19,600 $21,425
2015 $1,692 $37,471 $16,800 $20,671
2014 $1,010 $33,398 $15,400 $17,998
Source: Public Records

Agents Affiliated with this Home

  • E

    Buyer's Agent in 2014

    Erik Molzen

    BHHS Nevada Properties

    (206) 643-8845

    10 Total Sales

    Erik Molzen
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Map

Source: Las Vegas REALTORS®

MLS Number: 1418753

Las Vegas REALTORS®

APN: 162-15-310-009

Nevada Clark County Las Vegas 89119 University District

485 North Cir, Las Vegas, NV

This home is located at 485 North Cir, Las Vegas, NV 89119 since 03 February 2014 and is currently estimated at $570,401, approximately $195 per square foot. This property was built in 1963. 485 North 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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