NOT LISTED FOR SALE

Estimated Value: $418,000 - $483,000

4 Beds
4 Baths
2,280 Sq Ft
$198/Sq Ft Est. Value

Last Sold July 15, 2019

Last sale price $245,000 $107 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $2,593/month

4 Days on Market

Highlights

  • No HOA
  • Balcony
  • Storage
  • Ed W Clark High School Rated A-
  • Laundry Room
  • Ceramic Tile Flooring

About This Home

As of July 2019

Location!Location! Extremely rare duplex in the SW no HOA. Single story 2/2 units well maintained by long time owner, laundry in each unit with stack washer/dryer included. scheduled yard service, low expenses, long-term tenants. 3 years old roofing, tiles upgraded, organized neighborhood. Investors opportunity.

Last Agent to Sell the Property

Susan Zou

eNational Realty Group License #S.0167053 Listed on: 06/10/2019

Last Buyer's Agent

Alex Kursman

Innovative Real Estate Strateg License #S.0066265

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,123

Year Built

  • Built in 1983

Lot Details

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

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,280 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Storage

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity, gas

Community Details

Overview

  • No Home Owners Association
  • 5,071 Buildings
  • 2 Units
  • Elrancho Villas Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Maintenance Expense $1,210
  • Professional Management Expense $2,045

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,123

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Professional Management Expense: 2045.0
  • Subdivision Name: ELRANCHO VILLAS
  • Directions: From Decatur and Sahara S on Decatur, W on Tara, S on Hauck west on Ranchovilla
  • Architectural Style: Duplex
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: RESALE
  • Year Built: 1983
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1
  • Year Built: 1983

Interior Features

  • Number Of Buildings: 5071
  • Appliances: Dryer, Dishwasher, Disposal, Oven, Range, Refrigerator, Washer
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Storage
  • Window Features: Blinds

Exterior Features

  • Construction Type: Stucco
  • Patio And Porch Features: Balcony
  • Property Condition: Good Condition, Resale
  • Roof: Composition, Shingle

Utilities

  • Laundry Features: Laundry Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 782.0

Condo/Co-op/Association

  • Amenities: Laundry
  • Association: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 9148.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 20565.0
  • Insurance Expense: 903.0
  • Maintenance Expense: 1210.0
  • Annual Operating Expense: 4582.0

Tax Info

  • Tax Annual Amount: 1123.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2019
Closed on
Sep 5, 2019
Sold by
Deravanessian Edmond and Deravanessian Shakeh
Bought by
Deravanessian Edmond and Deravanessian Shakeh
Seller's Agent
Susan Zou
eNational Realty Group
Buyer's Agent
Alex Kursman
Innovative Real Estate Strateg
List Price
$289,000
Sold Price
$245,000
Premium/Discount to List
-$44,000
-15.22%
Current Estimated Value
$451,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,390
Avg. Annual Appreciation
9.44%
Original Mortgage
$183,750
Outstanding Balance
$125,627
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$300,714

Purchase Details

Listed on
Jun 10, 2019
Closed on
Jul 9, 2019
Sold by
Leong Ming H and Leong Soeisna A
Bought by
Deravanessian Edmond and Deravanessian Shakeh
Seller's Agent
Susan Zou
eNational Realty Group
Buyer's Agent
Alex Kursman
Innovative Real Estate Strateg
List Price
$289,000
Sold Price
$245,000
Premium/Discount to List
-$44,000
-15.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Outstanding Balance
$125,627
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$300,714

Purchase Details

Closed on
May 23, 2018
Sold by
Leong Ming and Leong Soeisna
Bought by
The Leong 2018 Revocable Trust

Purchase Details

Closed on
Aug 3, 2001
Sold by
Saur Sherry
Bought by
Leong Ming and Leong Soeisna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,500
Interest Rate
6.91%
Source: Public Records

Range of Values:

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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
Deravanessian Edmond -- None Available
Deravanessian Edmond $245,000 Lawyers Title Las Vegas
The Leong 2018 Revocable Trust -- None Available
Leong Ming $168,400 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deravanessian Edmond $183,750
Previous Owner Leong Ming $121,960
Previous Owner Leong Ming $134,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2019 07/15/19 Sold $245,000 -15.2% $107 / Sq Ft
06/15/2019 06/15/19 Pending -- -- --
06/10/2019 06/10/19 For Sale $289,000 -- $127 / 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 $1,657 $76,003 $36,400 $39,603
2024 $1,609 $76,003 $36,400 $39,603
2023 $1,123 $70,091 $32,900 $37,191
2022 $1,562 $63,523 $27,650 $35,873
2021 $1,447 $52,860 $23,800 $29,060
2020 $1,341 $53,201 $22,400 $30,801
2019 $1,256 $49,523 $18,550 $30,973
2018 $1,199 $44,875 $15,050 $29,825
2017 $1,190 $40,576 $10,500 $30,076
2016 $1,123 $38,285 $7,000 $31,285
2015 $1,120 $36,977 $5,950 $31,027
2014 $1,085 $40,179 $5,950 $34,229
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2105150

Las Vegas REALTORS®

APN: 163-12-614-008