NOT LISTED FOR SALE

512 Albert Ave Las Vegas, NV 89119

University District Neighborhood

Estimated Value: $620,000 - $743,000

8 Beds
4 Baths
2,924 Sq Ft
$238/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $520,000 $178 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,988/month

3 Days on Market

Highlights

  • Private Yard
  • Balcony
  • Laundry Room
  • No HOA
  • Patio
  • Tile Flooring

About This Home

As of October 2021

Investor's delight with great locations nearby casinos and airport. Low expenses, bare maintenance and no HOA. Owner added extra security to property with 7" iron gate with locks in rear and front entrance. In addition, brand new Jeld-Wen energy efficient windows recently added to entire 2nd level and security bars added on 1st level. Exterior paint work on entire building, brand new stair rails and re-decked upper balcony were also modified. The locked laundry room also recently had a nice facelift. The large lot has extra space for new owners to create a community area. One of the units were completely remodeled. Great long-term tenants! Ask your agent for the property features brochure!

Last Agent to Sell the Property

CATHY VONGNARAJ

Huntington & Ellis, A Real Est License #BS.0146248 Listed on: 08/28/2021

Last Buyer's Agent

Mario Vitale

Huntington & Ellis, A Real Est License #S.0190117

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,207

Year Built

  • Built in 1963

Lot Details

  • 8,276 Sq Ft Lot
  • Private Yard
  • Property is in good condition

Home Design

  • Quadruplex
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,924 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • Laundry Room

Kitchen

  • Oven
  • Range
  • Dishwasher

Outdoor Features

  • Balcony
  • Patio

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
  • 4 Units
  • Paradise South Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,207

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • CapRate: 5.5
  • Subdivision Name: Paradise South
  • Directions: East on Flamingo, Passed Paradise Rd, Left on Palos Verdes, Left on Albert.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1963
  • ResoPropertyType: Residential
  • Attribution Contact: 702-685-3000
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1963

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Oven, Range, Refrigerator
  • Flooring: Tile
  • Living Area: 2924.0

Exterior Features

  • Construction Type: Stucco
  • Exterior Features: Private Yard
  • Patio And Porch Features: Balcony, Patio
  • Property Condition: Good Condition, Resale
  • Roof: Tile

Utilities

  • Laundry Features: Common Area, Laundry Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 110.0

Condo/Co-op/Association

  • Amenities: Laundry
  • Association: No

Lot Info

  • Lot Size Sq Ft: 8276.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 3100.0

Tax Info

  • Tax Annual Amount: 1207.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2021
Closed on
Oct 1, 2021
Sold by
Guterres Christian Joseph
Bought by
Torres Jose Eduardo Gonzalez
Seller's Agent
CATHY VONGNARAJ
Huntington & Ellis, A Real Est
Buyer's Agent
Mario Vitale
Huntington & Ellis, A Real Est
List Price
$549,000
Sold Price
$520,000
Premium/Discount to List
-$29,000
-5.28%
Current Estimated Value
$694,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,709
Avg. Annual Appreciation
6.48%

Purchase Details

Listed on
Dec 19, 2020
Closed on
Mar 12, 2021
Sold by
Sofie Investment Llc
Bought by
Guterres Christian Joseph
Seller's Agent
Dakki Law
Nevada Real Estate Corp
Buyer's Agent
CATHY VONGNARAJ
Huntington & Ellis, A Real Est
List Price
$349,000
Sold Price
$367,937
Premium/Discount to List
$18,937
5.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
87.56%
Original Mortgage
$275,953
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 27, 2014
Closed on
Aug 12, 2014
Sold by
Canyon View Apartments Llc
Bought by
Sofie Investment Inc
Seller's Agent
Brendan Keating
Logic Commercial Real Estate
Buyer's Agent
David Liu
New Era Realty LLC
List Price
$187,000
Sold Price
$180,000
Premium/Discount to List
-$7,000
-3.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.50%

Purchase Details

Closed on
Feb 6, 2013
Sold by
Perez Re Development Llc
Bought by
Canyon View Apartments Llc

Purchase Details

Closed on
Jun 18, 2010
Sold by
Canal Enterprises Llc
Bought by
Perez Re Development Llc

Purchase Details

Closed on
Jun 10, 2010
Sold by
Albert Enterprises Llc
Bought by
Canal Enterprises Llc

Purchase Details

Closed on
Feb 8, 2008
Sold by
Anaya Esequiel
Bought by
Albert Enterprises Llc

Purchase Details

Closed on
Jun 24, 2004
Sold by
Anaya Maria
Bought by
Anaya Esequiel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2002
Sold by
Anaya Esequiel and Anaya Esquiel
Bought by
Anaya Esequiel and Anaya Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,680
Interest Rate
6.89%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 1999
Sold by
Anaya Maria
Bought by
Anaya Esquiel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,872
Interest Rate
7.24%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 15, 1999
Sold by
Kinsman Robert Preston
Bought by
Anaya Esquiel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,872
Interest Rate
7.24%
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
Torres Jose Eduardo Gonzalez $520,000 Stewart Title Company Fo
Guterres Christian Joseph $367,937 Stewart Title Company Fo
Sofie Investment Inc $180,000 Chicago Title Of Nevada
Canyon View Apartments Llc $556,000 Stewart Title Las Vegas Vega
Perez Re Development Llc -- None Available
Canal Enterprises Llc -- None Available
Albert Enterprises Llc $580,000 National Title Company
Anaya Esequiel $250,000 Lawyers Title Of Nevada
Anaya Esequiel -- National Title Company
Anaya Esquiel $168,000 Fidelity National Title Agen
Anaya Esquiel $168,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Jose Eduardo Gonz $300,000
Previous Owner Guterres Christian Joseph $275,953
Previous Owner Anaya Esequiel $301,000
Previous Owner Anaya Esequiel $269,750
Previous Owner Anaya Esequiel $223,000
Previous Owner Anaya Esequiel $166,680
Previous Owner Anaya Esquiel $166,872
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2021 10/01/21 Sold $520,000 -5.3% $178 / Sq Ft
09/01/2021 09/01/21 Pending -- -- --
08/28/2021 08/28/21 For Sale $549,000 +49.2% $188 / Sq Ft
03/16/2021 03/16/21 Sold $367,937 +5.4% $126 / Sq Ft
02/14/2021 02/14/21 Pending -- -- --
12/19/2020 12/19/20 For Sale $349,000 +93.9% $119 / Sq Ft
08/22/2014 08/22/14 Sold $180,000 -3.7% $62 / Sq Ft
07/23/2014 07/23/14 Pending -- -- --
06/27/2014 06/27/14 For Sale $187,000 -- $64 / 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 $2,436 $71,288 $40,600 $30,688
2024 $2,294 $71,288 $40,600 $30,688
2023 $2,294 $59,059 $32,200 $26,859
2022 $1,407 $55,773 $30,800 $24,973
2021 $1,303 $51,295 $28,000 $23,295
2020 $1,207 $50,815 $28,000 $22,815
2019 $1,131 $48,742 $26,600 $22,142
2018 $1,079 $46,137 $25,200 $20,937
2017 $1,259 $42,943 $22,400 $20,543
2016 $1,011 $39,752 $19,600 $20,152
2015 $1,008 $36,239 $16,800 $19,439
2014 $977 $32,316 $15,400 $16,916
Source: Public Records

Agents Affiliated with this Home

  • CATHY VONGNARAJ

    Seller's Agent in 2021

    CATHY VONGNARAJ

    Huntington & Ellis, A Real Est

    (702) 299-5717

    2 in this area

    30 Total Sales

    CATHY VONGNARAJ
    Section Image

  • D

    Seller's Agent in 2021

    Dakki Law

    Nevada Real Estate Corp

    (702) 338-1228

    1 in this area

    126 Total Sales

    Dakki Law
    Section Image
  • Mario Vitale

    Buyer's Agent in 2021

    Mario Vitale

    Huntington & Ellis, A Real Est

    (702) 686-9433

    5 in this area

    96 Total Sales

    Mario Vitale
    Section Image

  • B

    Seller's Agent in 2014

    Brendan Keating

    Logic Commercial Real Estate

  • D

    Buyer's Agent in 2014

    David Liu

    New Era Realty LLC

    (702) 577-5618

    83 Total Sales

    David Liu
    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 2327306

Las Vegas REALTORS®

APN: 162-15-411-031

Nevada Clark County Las Vegas 89119 University District

512 Albert Ave, Las Vegas, NV

This home is located at 512 Albert Ave, Las Vegas, NV 89119 since 28 August 2021 and is currently estimated at $694,709, approximately $237 per square foot. This property was built in 1963. 512 Albert Ave 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.

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