NOT LISTED FOR SALE

Estimated Value: $714,000 - $954,272

8 Beds
7 Baths
4,718 Sq Ft
$180/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $950,000 $201 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $4,771/month

129 Days on Market

Highlights

  • Newly Remodeled
  • Security Guard
  • Ceiling Fan
  • 0.3 Acre Lot
  • Central Heating and Cooling System

About This Home

As of June 2024

A one-of-a-kind opportunity for passive income minutes away from Downtown Las Vegas, and the World Famous Fremont Street! Exquisite property with 6 1-bedroom apartments and 1 two bedroom one bath unit! Each unit boasts stylish wood-like flooring, modern blinds, and remote operated ceiling fans in the living rooms and bedrooms. Each apartment is fully equipped with kitchen appliances; refrigerator, electric range and a stacked washer and dryer. These units are an excellent opportunity for anyone looking for ready-to-move-in, income producing property! Take advantage of this incredible chance!

Last Agent to Sell the Property

Johnny Richardson

Real Broker LLC License #S.0181671 Listed on: 02/19/2024

Last Buyer's Agent

Christopher Boucher

LUXE Vegas Realty, LLC License #B.1002594

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,631

Year Built

  • Built in 1963 | Newly Remodeled

Lot Details

  • 0.3

Home Design

  • Triplex
  • Flat Roof Shape
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 4,718 Sq Ft Home
  • Ceiling Fan
  • Blinds

Kitchen

  • Oven
  • Range
  • Disposal

Laundry

  • Dryer
  • Washer

Parking

  • 10 Parking Spaces
  • Handicap Parking
  • Paved Parking

Additional Features

  • 0.3 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Fourteenth Street City Add Subdivision
  • 7-Story Property

Security

  • Security Guard

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,631

Year Built

Built in 1963 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.3
  • Subdivision Name: Fourteenth Street City Add
  • Directions: Head west on E Bonanza Rd, Turn left onto N 15th St. Property will be on the left.
  • Architectural Style: Triplex
  • New Construction: Yes
  • Building Stories: 7
  • Structure Type: Triplex
  • Year Built Details: RESALE
  • Year Built: 1963
  • Property Sub Type Additional: Triplex
  • Special Features: 4098
  • Stories: 7
  • Year Built: 1963

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 3
  • Appliances: Dryer, Disposal, Oven, Range, Refrigerator, Washer
  • Flooring: Other
  • Interior Amenities: Ceiling Fan(s), Window Treatments
  • Living Area: 4718.0
  • Window Features: Blinds

Exterior Features

  • Construction Type: Block
  • Property Condition: New Construction, Resale
  • Roof: Composition, Flat, Shingle

Garage/Parking

  • Parking Features: Handicap, Paved
  • Total Parking Spaces: 10.0

Utilities

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

Condo/Co-op/Association

  • Amenities: Guard

Schools

Lot Info

  • Lot Size Sq Ft: 13068.0
  • Additional Parcels Description: ---

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1631.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2024
Closed on
May 23, 2024
Sold by
Houchin Kenneth
Bought by
Tiny Ling Holdings Llc-Series 2 Llc
Seller's Agent
Johnny Richardson
Real Broker LLC
Buyer's Agent
Christopher Boucher
LUXE Vegas Realty, LLC
List Price
$999,999
Sold Price
$950,000
Premium/Discount to List
-$49,999
-5%
Views
114
Current Estimated Value
$848,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$101,432
Avg. Annual Appreciation
-2.66%
Original Mortgage
$665,000
Outstanding Balance
$659,425
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$261,330

Purchase Details

Listed on
Feb 19, 2024
Closed on
May 21, 2024
Sold by
Houchin Theresa Laverne
Bought by
Houchin Kenneth
Seller's Agent
Johnny Richardson
Real Broker LLC
Buyer's Agent
Christopher Boucher
LUXE Vegas Realty, LLC
List Price
$999,999
Sold Price
$950,000
Premium/Discount to List
-$49,999
-5%
Views
114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Outstanding Balance
$659,425
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$261,330

Purchase Details

Closed on
Jul 7, 2015
Sold by
Ky Investments Nv Llc
Bought by
Houchin Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
3.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 22, 2014
Sold by
Ky Investments Ltd
Bought by
Ky Investments Nv Llc

Purchase Details

Listed on
Jan 8, 2014
Closed on
Jan 24, 2014
Sold by
Romeo Investment Holdings Inc
Bought by
Ky Investments Ltd
Seller's Agent
Noah Herrera
Platinum Real Estate Prof
Buyer's Agent
Paul Macaluso
Simply Vegas
List Price
$285,000
Sold Price
$285,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.66%

Purchase Details

Listed on
May 2, 2013
Closed on
Jun 17, 2013
Sold by
Hules Del Golfo Inc
Bought by
Romeo Investment Holdings Inc
Seller's Agent
Benjamin Ramirez
Desert Vision Realty
Buyer's Agent
David Ramirez
Simply Vegas
List Price
$255,000
Sold Price
$241,000
Premium/Discount to List
-$14,000
-5.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.20%

Purchase Details

Listed on
Apr 25, 2012
Closed on
Jun 4, 2012
Sold by
508 North 15Th Llc
Bought by
Hules Del Golfo Inc
Seller's Agent
Sean Margulis
Logic Commercial Real Estate
Buyer's Agent
Kirby Scofield
LPT Realty, LLC
List Price
$179,000
Sold Price
$179,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.64%

Purchase Details

Closed on
Oct 9, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
508 North 15Th Llc

Purchase Details

Closed on
Jun 24, 2011
Sold by
Jones Brock and Jones Laura
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jan 23, 2007
Sold by
Hrm Investments Llc
Bought by
Jones Brock and Jones Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 7, 2005
Sold by
Hughel Rachael
Bought by
Hughel Rachael and Rh Asset Protection Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.65%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 21, 2005
Sold by
Worthen Richard Snarr and Worthen Stephany Keller
Bought by
Hughel Rachael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.65%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 23, 1993
Sold by
Worthen Richard G and Worthen Larue S
Bought by
Worthen Richard Snarr and Worthen Stephany Keller
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
Tiny Ling Holdings Llc-Series 2 Llc $950,000 Clark County Title Agency
Houchin Kenneth -- Clark County Title Agency
Houchin Kenneth $315,000 Ticor Title Las Vegas
Ky Investments Nv Llc -- None Available
Ky Investments Ltd $285,000 Ticor Title Las Vegas
Romeo Investment Holdings Inc $241,000 Lawyers Title Of Nevada Cha
Hules Del Golfo Inc $167,000 First American Title Ncs La
508 North 15Th Llc $99,000 First American Title Howard
Deutsche Bank National Trust Company $130,000 Accommodation
Jones Brock $460,000 First Amer Title Co Of Nv
Hughel Rachael -- --
Hrm Investments Llc -- --
Hughel Rachael -- --
Hughel Rachael $360,000 Ticor Title Of Nevada Inc
Worthen Richard Snarr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tiny Ling Holdings Llc-Series 2 Llc $665,000
Previous Owner Houchin Kenneth $220,000
Previous Owner Jones Brock $315,000
Previous Owner Hughel Rachael $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $950,000 -5.0% $201 / Sq Ft
03/11/2024 03/11/24 Price Changed $999,863 0.0% $212 / Sq Ft
02/19/2024 02/19/24 For Sale $999,999 +250.9% $212 / Sq Ft
01/28/2014 01/28/14 Sold $285,000 0.0% $60 / Sq Ft
01/08/2014 01/08/14 For Sale $285,000 +18.3% $60 / Sq Ft
07/05/2013 07/05/13 Sold $241,000 -5.5% $51 / Sq Ft
06/05/2013 06/05/13 Pending -- -- --
05/02/2013 05/02/13 For Sale $255,000 +42.5% $54 / Sq Ft
07/06/2012 07/06/12 Sold $179,000 0.0% $80 / Sq Ft
06/06/2012 06/06/12 Pending -- -- --
04/25/2012 04/25/12 For Sale $179,000 -- $80 / 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 $1,761 $93,837 $41,650 $52,187
2024 $1,631 $93,837 $41,650 $52,187
2023 $1,631 $82,262 $36,750 $45,512
2022 $1,511 $69,208 $26,950 $42,258
2021 $1,399 $62,466 $26,950 $35,516
2020 $1,296 $62,643 $26,950 $35,693
2019 $1,215 $51,493 $16,905 $34,588
2018 $1,159 $46,693 $14,289 $32,404
2017 $1,499 $45,723 $13,886 $31,837
2016 $1,086 $33,003 $9,660 $23,343
2015 $1,082 $37,275 $7,245 $30,030
2014 $1,072 $35,940 $5,233 $30,707
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2560863

Las Vegas REALTORS®

APN: 139-35-111-102