NOT LISTED FOR SALE

4890 W Twain Ave Las Vegas, NV 89103

Chinatown Neighborhood

Estimated Value: $630,407 - $800,000

8 Beds
5 Baths
3,567 Sq Ft
$199/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $550,000 $154 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,910/month

139 Days on Market

Highlights

  • Balcony
  • Tile Flooring
  • Ceiling Fan
  • Ed W Clark High School Rated A-
  • Central Heating and Cooling System
  • Laundry Facilities

About This Home

As of November 2021

Great income property with NO HOA centrally located near the strip and new stadium. All units have tile flooring. Three units are tenant occupied and are current with rents by long time tenants that are on a month-to month lease. There is a 1 bedroom 1 bath unit that is unoccupied at this time.

Last Agent to Sell the Property

Khalid Zaman

Alternative Real Estate License #B.0144906 Listed on: 06/13/2021

Last Buyer's Agent

Dawn Reese

Impress Realty LLC License #S.0040299

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,607

Year Built

  • Built in 1977

Lot Details

  • 9,148 Sq Ft Lot
  • Property is in good condition

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,567 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Microwave

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 4 Units
  • Spring Oaks #1 Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,607

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • CapRate: 6.11
  • Subdivision Name: Spring Oaks #1
  • Directions: FROM SPRING MOUNTAIN AND DECATUR , HEAD SOUTH ON DECATUR, MAKE A RIGHT ON TWAIN, PROPERTY FIRST BUILDING ON THE LEFT
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1977
  • ResoPropertyType: Residential
  • Attribution Contact: 702-745-1205
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1977

Interior Features

  • Number Of Buildings: 1
  • Appliances: Microwave, Oven, Range, Refrigerator
  • Flooring: Tile
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 3567.0
  • Window Features: Blinds

Exterior Features

  • Construction Type: Block, Stucco
  • Patio And Porch Features: Balcony
  • Property Condition: Good Condition, Resale
  • Roof: Flat, Tile

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

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

Lot Info

  • Lot Size Sq Ft: 9148.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 33960.0
  • Insurance Expense: 1400.0
  • Annual Operating Expense: 5364.0

Tax Info

  • Tax Annual Amount: 1607.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2022
Sold by
Penalosa and Pinky
Bought by
Penalosa Family Trust
Current Estimated Value
$710,852

Purchase Details

Listed on
Jun 13, 2021
Closed on
Oct 19, 2021
Sold by
Quad Investments Llc
Bought by
Penalosa Elliott and Penalosa Pinky
Seller's Agent
Khalid Zaman
Alternative Real Estate
Buyer's Agent
Dawn Reese
Impress Realty LLC
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.78%
Original Mortgage
$385,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2014
Sold by
Ransome Machelle T
Bought by
Quad Investments Llc Nevada Series

Purchase Details

Closed on
Jul 24, 2012
Sold by
Ransome Machelle T
Bought by
Ransome Michaelle T

Purchase Details

Closed on
Apr 11, 2008
Sold by
American Home Mortgage
Bought by
Ransome Machelle T

Purchase Details

Closed on
May 18, 2007
Sold by
Nguyen Diane
Bought by
American Home Mortgage

Purchase Details

Closed on
Oct 14, 2005
Sold by
Nguyen Diane
Bought by
Nguyen Diane and J P N Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
7.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 24, 2005
Sold by
Nguyen James
Bought by
Nguyen Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
7.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 27, 2001
Sold by
Shum Hsu H
Bought by
Shum Wing Tak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.91%

Purchase Details

Closed on
Sep 19, 2001
Sold by
Romano Alejandro
Bought by
Shum Wing Tak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.91%

Purchase Details

Closed on
Jul 22, 1987
Sold by
Warnke James F
Bought by
Romano Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,127
Interest Rate
6.61%
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
Penalosa Family Trust -- None Listed On Document
Penalosa Elliott $550,000 Chicago Title Las Vegas
Quad Investments Llc Nevada Series -- None Available
Ransome Michaelle T -- None Available
Ransome Machelle T $262,500 North American Title Sahara
American Home Mortgage $377,413 Accommodation
Nguyen Diane -- --
Nguyen Diane -- Chicago Title
Nguyen Diane $452,000 Chicago Title
Shum Wing Tak -- Old Republic Title Company
Shum Wing Tak $237,500 Old Republic Title Company
Romano Alejandro $173,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Penalosa Elliott $385,000
Previous Owner Nguyen Diane $356,000
Previous Owner Shum Wing Tak $175,000
Previous Owner Romano Alejandro $167,127
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2021 11/30/21 Sold $550,000 0.0% $154 / Sq Ft
10/31/2021 10/31/21 Pending -- -- --
06/13/2021 06/13/21 For Sale $550,000 -- $154 / 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 $2,183 $98,668 $60,200 $38,468
2024 $2,022 $98,668 $60,200 $38,468
2023 $1,346 $90,561 $53,200 $37,361
2022 $1,872 $75,522 $39,200 $36,322
2021 $1,734 $70,306 $35,000 $35,306
2020 $1,607 $71,152 $35,000 $36,152
2019 $1,506 $69,496 $32,900 $36,596
2018 $1,437 $59,813 $23,800 $36,013
2017 $1,604 $54,690 $18,025 $36,665
2016 $1,346 $54,828 $16,100 $38,728
2015 $1,343 $52,672 $14,000 $38,672
2014 $1,301 $49,682 $11,200 $38,482
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Khalid Zaman

    Alternative Real Estate

    (408) 839-4698

    1 in this area

    31 Total Sales

    Khalid Zaman
    Section Image

  • D

    Buyer's Agent in 2021

    Dawn Reese

    Impress Realty LLC

    (702) 408-2087

    1 in this area

    24 Total Sales

    Dawn Reese
    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 2304280

Las Vegas REALTORS®

APN: 162-18-212-019

Nevada Clark County Las Vegas 89103 Chinatown

4890 W Twain Ave, Las Vegas, NV

This home is located at 4890 W Twain Ave, Las Vegas, NV 89103 since 13 June 2021 and is currently estimated at $710,852, approximately $199 per square foot. This property was built in 1977. 4890 W Twain Ave is a home located in Clark County with nearby schools including R Guild Gray Elementary School, James Cashman Middle School, and Ed W Clark 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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