NOT LISTED FOR SALE

509 Mckellar Cir Las Vegas, NV 89119

University District Neighborhood

Estimated Value: $502,000 - $613,000

8 Beds
4 Baths
2,520 Sq Ft
$223/Sq Ft Est. Value

Last Sold June 11, 2015

Last sale price $155,000 $62 Per Sq Ft

Est. 263% increase in value since last sale

Current estimated payment $3,112/month

46 Days on Market

Highlights

  • Private Yard
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Refrigerated Cooling System

About This Home

As of June 2015

Great opportunity to purchase a 4 unit property! UNLV is a few blocks away, The stripisabout 1 mile away too

Last Agent to Sell the Property

Steven Davidson

Simply Vegas License #S.0077479 Listed on: 03/26/2015

Simply Vegas

Last Buyer's Agent

Endalkachew Ayele

LPT Realty, LLC License #S.0076014

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $918

Year Built

  • Built in 1963

Lot Details

  • 4,356 Sq Ft Lot
  • Private Yard
  • Property is in good condition

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Wood Frame Construction

Interior Spaces

  • 2,520 Sq Ft Home
  • 2-Story Property
  • Drapes & Rods

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Utilities

  • Refrigerated Cooling System
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 2 / 15

Community Details

Overview

  • Paradise Town Subdivision

Building Details

  • Maintenance Expense $1,500
  • Professional Management Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$918

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • CapRate: 7.33
  • Professional Management Expense: 1200.0
  • Subdivision Name: PARADISE TOWN
  • Directions: North on Paradise, East on Flamingo, then North on Palos Verdes St, and then W on McKellar
  • 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: Dishwasher, Oven, Range
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 2520.0
  • Window Features: Drapes

Exterior Features

  • Construction Type: Wood Frame
  • Exterior Features: Private Yard
  • Property Condition: Good Condition, Resale
  • Roof: Flat

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air, Refrigerated
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 727.0

Condo/Co-op/Association

  • Amenities: None

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 1
  • Annual Gross Income: 14220.0
  • Insurance Expense: 967.0
  • Maintenance Expense: 1500.0
  • Annual Operating Expense: 2500.0

Tax Info

  • Tax Annual Amount: 918.0
  • Tax Block: 15
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2015
Closed on
Jun 4, 2015
Sold by
Mckellar Properties Llc
Bought by
Ayele Endalkachew A and Ayele Helen G
Seller's Agent
Steven Davidson
Simply Vegas
Buyer's Agent
Endalkachew Ayele
LPT Realty, LLC
List Price
$175,000
Sold Price
$155,000
Premium/Discount to List
-$20,000
-11.43%
Current Estimated Value
$562,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,000
Avg. Annual Appreciation
13.33%
Original Mortgage
$112,500
Outstanding Balance
$87,691
Interest Rate
3.77%
Mortgage Type
New Conventional
Estimated Equity
$467,642

Purchase Details

Closed on
Dec 15, 2012
Sold by
Mckellar Proeprties Llc
Bought by
Reid Paul David and Red Manshun Hsu Red

Purchase Details

Closed on
Nov 15, 2012
Sold by
Reld Paul David
Bought by
Reid Paul David and Reid Tara Manshun Hsu

Purchase Details

Closed on
May 12, 2012
Sold by
Reid Paul David and Hsureid Tara Manshun
Bought by
Mckellar Properties Llc

Purchase Details

Closed on
Oct 30, 2008
Sold by
Reid Paul David and Reid Tara Manshun Hsu
Bought by
Mckellar Properties Llc

Purchase Details

Closed on
Apr 29, 2004
Sold by
Mercado Florez Columbia and Mercado Columba
Bought by
Reid Paul D and Reid Tara Manshun Hsu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 26, 1998
Sold by
Carbajal Columbia Mercado
Bought by
Mercado Columbia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,496
Interest Rate
6.6%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 15, 1997
Sold by
Flores Vicente
Bought by
Carbajal Columba Mercado

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,119
Interest Rate
7.49%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 24, 1995
Sold by
Stewart Thomas M and Stewart Elaine
Bought by
Ennis Khamphanh D and Hershberger Glenn
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
Ayele Endalkachew A $155,000 Equity Title Of Nevada
Reid Paul David -- None Available
Reid Paul David -- None Available
Mckellar Properties Llc -- None Available
Mckellar Properties Llc -- None Available
Reid Paul D $235,000 Equity Title Of Nevada
Mercado Columbia -- Fidelity National Title
Carbajal Columba Mercado -- First American Title Co
Carbajal Columba Mercado $130,000 First American Title Co
Ennis Khamphanh D $23,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayele Endalkachew A $112,500
Previous Owner Reid Paul David $141,100
Previous Owner Reid Paul D $176,000
Previous Owner Mercado Columbia $134,496
Previous Owner Carbajal Columba Mercado $128,119
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2015 06/11/15 Sold $155,000 -11.4% $62 / Sq Ft
05/12/2015 05/12/15 Pending -- -- --
03/26/2015 03/26/15 For Sale $175,000 -- $69 / 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 $1,542 $67,773 $40,600 $27,173
2024 $1,428 $67,773 $40,600 $27,173
2023 $951 $55,988 $32,200 $23,788
2022 $1,322 $52,925 $30,800 $22,125
2021 $1,225 $48,617 $28,000 $20,617
2020 $1,134 $48,172 $28,000 $20,172
2019 $1,063 $46,181 $26,600 $19,581
2018 $1,014 $43,736 $25,200 $18,536
2017 $1,190 $40,582 $22,400 $18,182
2016 $951 $37,447 $19,600 $17,847
2015 $948 $34,010 $16,800 $17,210
2014 $918 $30,375 $15,400 $14,975
Source: Public Records

Agents Affiliated with this Home

  • Steven Davidson

    Seller's Agent in 2015

    Steven Davidson

    Simply Vegas

    (702) 275-6817

    165 Total Sales

    Steven Davidson
    Section Image

  • E

    Buyer's Agent in 2015

    Endalkachew Ayele

    LPT Realty, LLC

    1 in this area

    14 Total Sales

    Endalkachew Ayele
    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 1526413

Las Vegas REALTORS®

APN: 162-15-411-022

Nevada Clark County Las Vegas 89119 University District

509 Mckellar Cir, Las Vegas, NV

This home is located at 509 Mckellar Cir, Las Vegas, NV 89119 since 26 March 2015 and is currently estimated at $562,000, approximately $223 per square foot. This property was built in 1963. 509 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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