NOT LISTED FOR SALE

500 N 13th St Las Vegas, NV 89101

Downtown Las Vegas Neighborhood

Estimated Value: $701,000 - $753,000

9 Beds
8 Baths
4,325 Sq Ft
$168/Sq Ft Est. Value

Last Sold December 10, 2015

Last sale price $208,000 $48 Per Sq Ft

Est. 250% increase in value since last sale

Current estimated payment $4,199/month

166 Days on Market

About This Home

As of December 2015

Great Income potential, close to the Down Town Project and all the new and exiciting things happening downtown! 2 out of the four units are currently occupied.

Last Agent to Sell the Property

Erik Hakans

Wardley Real Estate License #BS.0143677 Listed on: 05/27/2015

Last Buyer's Agent

Charles La Reaux

Wardley Real Estate License #S.0078159

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,672

Year Built

  • Built in 1979

Lot Details

  • 6,098 Sq Ft Lot
  • Property is in good condition

Parking

  • 7 Parking Spaces

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 4,325 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Carpet

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 6 / 5

Community Details

Overview

  • 2 Units
  • Fourteenth Street City Add Subdivision

Building Details

  • Maintenance Expense $3,000
  • Professional Management Expense $3,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,672

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • CapRate: 3.5
  • Professional Management Expense: 3000.0
  • Subdivision Name: FOURTEENTH STREET CITY ADD
  • Directions: 95 & Las Vegas Blvd., Head North on Las Vegas Blvd., Right on Bonanza, Right on 13th St., The property is on the left
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1979
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1979

Interior Features

  • Number Of Buildings: 1
  • Flooring: Carpet
  • Living Area: 4325.0
  • Window Features: Blinds

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 7.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 1200.0

Condo/Co-op/Association

  • Amenities: None

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 6098.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 12600.0
  • Insurance Expense: 900.0
  • Maintenance Expense: 3000.0
  • Annual Operating Expense: 4200.0

Tax Info

  • Tax Annual Amount: 1672.0
  • Tax Block: 5
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2015
Closed on
Dec 8, 2015
Sold by
Wallar Philip Harold and Wallar Ella Mae
Bought by
Godhart Joshua
Seller's Agent
Erik Hakans
Wardley Real Estate
Buyer's Agent
Charles La Reaux
Wardley Real Estate
List Price
$239,900
Sold Price
$208,000
Premium/Discount to List
-$31,900
-13.3%
Current Estimated Value
$727,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$519,000
Avg. Annual Appreciation
11.99%
Original Mortgage
$215,240
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 3, 2005
Sold by
Gavin Martin J and Gavin Jeanne Marie
Bought by
Wallar Philip Harold and Waller Ella Mae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,100
Interest Rate
5.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 10, 2004
Sold by
Gavin Martin J and Gavin Jeanne Marie
Bought by
Gavin Martin J and Gavin Jeanne Marie

Purchase Details

Closed on
Sep 26, 2003
Sold by
Gavin Martin J and Gavin Jeanne Marie
Bought by
Gavin Martin J and Gavin Jeanne Marie
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
Godhart Joshua $208,000 Nevada State Title
Wallar Philip Harold $370,000 Old Republic Title Co Of Nv
Gavin Martin J -- --
Gavin Martin J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Godhart Joshua $19,309
Open Gohart Joshua $216,318
Closed Godhart Joshua $215,240
Previous Owner Wallar Philip Harold $208,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2015 12/10/15 Sold $208,000 -13.3% $48 / Sq Ft
11/10/2015 11/10/15 Pending -- -- --
05/27/2015 05/27/15 For Sale $239,900 -- $55 / 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 $3,917 $95,593 $43,750 $51,843
2024 $6,450 $95,593 $43,750 $51,843
2023 $1,730 $93,476 $43,750 $49,726
2022 $2,392 $83,147 $35,000 $48,147
2021 $2,215 $78,221 $31,500 $46,721
2020 $2,054 $75,465 $28,000 $47,465
2019 $1,925 $68,894 $21,000 $47,894
2018 $1,837 $56,023 $8,925 $47,098
2017 $1,966 $59,963 $12,075 $47,888
2016 $1,730 $60,069 $9,800 $50,269
2015 $1,726 $58,497 $8,400 $50,097
2014 $1,672 $56,955 $7,000 $49,955
Source: Public Records

Agents Affiliated with this Home

  • Erik Hakans

    Seller's Agent in 2015

    Erik Hakans

    Wardley Real Estate

    (702) 274-1068

    23 Total Sales

    Erik Hakans
    Section Image

  • C

    Buyer's Agent in 2015

    Charles La Reaux

    Wardley Real Estate

    (702) 592-5090

    10 Total Sales

    Charles La Reaux
    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 1542975

Las Vegas REALTORS®

APN: 139-35-111-029

Nevada Clark County Las Vegas 89101 Downtown Las Vegas

500 N 13th St, Las Vegas, NV

This home is located at 500 N 13th St, Las Vegas, NV 89101 since 27 May 2015 and is currently estimated at $727,000, approximately $168 per square foot. This property was built in 1979. 500 N 13th St is a home located in Clark County with nearby schools including Halle Hewetson Elementary School, J.D. Smith Middle School, and Rancho High School.

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