NOT LISTED FOR SALE

505 Mckellar Cir Las Vegas, NV 89119

University District Neighborhood

Estimated Value: $603,000 - $782,000

8 Beds
4 Baths
3,345 Sq Ft
$197/Sq Ft Est. Value

Last Sold May 17, 2022

Last sale price $570,000 $170 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,644/month

61 Days on Market

Highlights

  • Tile Flooring
  • Ceiling Fan
  • Laundry Facilities
  • Central Heating and Cooling System

About This Home

As of May 2022

LOCATION, LOCATION, LOCATION NEARBY CASINOS, AIRPORT AND THE STRIP NO HOA LOW MAINTENANCE ALL UNITS ARE OCCUPIDE LONG TIME TENANTS

Last Agent to Sell the Property

Roberto Chavarin

Las Vegas Realty LLC License #S.0074771 Listed on: 03/16/2022

Last Buyer's Agent

Catherine Hyde

Simply Vegas License #S.0070366

Simply Vegas

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,347

Year Built

  • Built in 1963

Lot Details

  • 5,227 Sq Ft Lot
  • Property is in average condition

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,345 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Disposal

Utilities

  • Central Heating and Cooling System

Community Details

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,347

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Subdivision Name: none
  • Directions: FROM FLAMINGO AND PALOS VERDES, NORTH ON PALOS VERDES LEFT ON McKELLAR CIRCLE PROPERTY WILL BE ON YOUR LEFT.
  • 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
  • Appliances: Disposal, Oven, Range, Refrigerator
  • Flooring: Tile
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 3345.0
  • Window Features: Blinds

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • Amenities: Laundry

Lot Info

  • Lot Size Sq Ft: 5227.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1347.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2022
Closed on
May 11, 2022
Sold by
Ortiz Casillas Rosa
Bought by
Ortiz Jesse A
Seller's Agent
Roberto Chavarin
Las Vegas Realty LLC
Buyer's Agent
Catherine Hyde
Simply Vegas
List Price
$550,000
Sold Price
$570,000
Premium/Discount to List
$20,000
3.64%
Current Estimated Value
$659,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,431
Avg. Annual Appreciation
2.96%
Original Mortgage
$438,722
Outstanding Balance
$418,403
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$208,542

Purchase Details

Listed on
Mar 16, 2022
Closed on
May 4, 2022
Sold by
Ortiz Jesse A
Bought by
M & L Property Llc
Seller's Agent
Roberto Chavarin
Las Vegas Realty LLC
Buyer's Agent
Catherine Hyde
Simply Vegas
List Price
$550,000
Sold Price
$570,000
Premium/Discount to List
$20,000
3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,722
Outstanding Balance
$418,403
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$208,542

Purchase Details

Closed on
May 27, 2005
Sold by
Ortiz Jesus A
Bought by
Ortiz Jesse A and Casillas Rosa Ortiz

Purchase Details

Closed on
Feb 15, 2002
Sold by
Ortiz Casillas Rosa
Bought by
Ortiz Jesus A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,177
Interest Rate
6.8%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 25, 1999
Sold by
Hud
Bought by
Ortiz Jesus A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,800
Interest Rate
7.56%
Mortgage Type
FHA

Purchase Details

Closed on
May 4, 1998
Sold by
Shannon Patrick
Bought by
Norwest Mtg Corp

Purchase Details

Closed on
Dec 23, 1997
Sold by
Norwest Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Dec 4, 1996
Sold by
Knapp Kathleen C
Bought by
Shannon Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,835
Interest Rate
7.62%
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
Ortiz Jesse A -- Clear Title
M & L Property Llc $570,000 Clear Title
Ortiz Jesse A -- --
Ortiz Jesus A -- Stewart Title
Ortiz Jesus A -- Stewart Title
Norwest Mtg Corp $142,682 Land Title
Hud -- Land Title
Shannon Patrick $130,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open M & L Property Llc $438,722
Previous Owner Ortiz Jesus A $181,177
Previous Owner Ortiz Jesus A $153,800
Previous Owner Shannon Patrick $128,835
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2022 05/19/22 Off Market $550,000 -- --
05/17/2022 05/17/22 Sold $570,000 +3.6% $170 / Sq Ft
03/16/2022 03/16/22 For Sale $550,000 -- $164 / 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 $1,732 $73,667 $40,600 $33,067
2024 $1,571 $73,667 $40,600 $33,067
2023 $1,571 $61,132 $32,200 $28,932
2022 $1,455 $57,698 $30,800 $26,898
2021 $1,347 $53,069 $28,000 $25,069
2020 $1,248 $52,570 $28,000 $24,570
2019 $1,170 $50,444 $26,600 $23,844
2018 $1,116 $47,740 $25,200 $22,540
2017 $1,306 $44,523 $22,400 $22,123
2016 $1,046 $41,313 $19,600 $21,713
2015 $1,045 $37,749 $16,800 $20,949
2014 $1,012 $33,493 $15,400 $18,093
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Roberto Chavarin

    Las Vegas Realty LLC

    (702) 353-1146

    1 in this area

    11 Total Sales

    Roberto Chavarin
    Section Image
  • Catherine Hyde

    Buyer's Agent in 2022

    Catherine Hyde

    Simply Vegas

    (702) 408-6455

    7 in this area

    131 Total Sales

    Catherine Hyde
    Section Image
See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 2379209

Las Vegas REALTORS®

APN: 162-15-411-021

Nevada Clark County Las Vegas 89119 University District

505 Mckellar Cir, Las Vegas, NV

This home is located at 505 Mckellar Cir, Las Vegas, NV 89119 since 16 March 2022 and is currently estimated at $659,431, approximately $197 per square foot. This property was built in 1963. 505 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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