NOT LISTED FOR SALE

Estimated Value: $390,287 - $452,000

4 Beds
4 Baths
1,608 Sq Ft
$261/Sq Ft Est. Value

Last Sold February 02, 2021

Last sale price $267,500 $166 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,420/month

21 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • 1-Story Property
  • Window Unit Cooling System
  • Wall Furnace

About This Home

As of February 2021

GREAT INVESTMENT PROPERTY FOR YOUR FIRST TIME INVESTOR OR TO ADD TO A LARGE PORTFOLIO. HANDS OFF RENTAL INCOME ALL YEAR. 1 NEWLY REMODELED UNIT GETTING $650! 1- 1 BEDROOM UNIT AND 3- STUDIOS WITH GOOD RENTS AND SOLID RENTAL HISTORY. GREAT LOCATION NEAR SHOPPING AND TRANSPORTATION. PROPERTY MANAGER HAS THIS PLACE RUNNING LIKE A WELL-OILED MACHINE. KEEP HER OR BRING YOUR OWN PM. THIS PROPERTY WILL SEND YOU A NICE CHECK EVERY MONTH. DON'T WAIT, THERE AREN'T MANY LIKE THIS LEFT!

Last Listed By

Kyle Mayer

Realty 360 License #S.0175493 Listed on: 12/12/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $588

Year Built

  • Built in 1953

Lot Details

  • 10,019 Sq Ft Lot
  • Property is in average condition

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,608 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Ceramic Tile Flooring

Kitchen

  • Oven
  • Range
  • Microwave

Parking

  • 6 Parking Spaces
  • Paved Parking

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Fourteenth Street City Add Subdivision

Building Details

  • Maintenance Expense $2,000
  • Professional Management Expense $2,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$588

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • CapRate: 7.8
  • Professional Management Expense: 2400.0
  • Subdivision Name: Fourteenth Street City Add
  • Directions: FROM I-95 TAKE LAS VEGAS BLVD EXIT NORTH. TURN RIGHT ON BONANZA. TURN RIGHT ON N.15TH ST. PROPERTY ON LEFT.
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1953
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1953

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Appliances: Electric Water Heater, Microwave, Oven, Range, Refrigerator
  • Flooring: Ceramic Tile
  • Living Area: 1608.0
  • Window Features: Blinds

Exterior Features

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

Garage/Parking

  • Parking Features: Paved
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 1200.0

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Schools

Lot Info

  • Lot Size Sq Ft: 10019.0
  • Additional Parcels Description: ---
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 27600.0
  • Insurance Expense: 650.0
  • Maintenance Expense: 2000.0
  • Annual Operating Expense: 6440.0

Tax Info

  • Tax Annual Amount: 588.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2020
Closed on
Jan 22, 2021
Sold by
Young Bryson
Bought by
Uzunoglu Volkan
Seller's Agent
Kyle Mayer
Realty 360
Buyer's Agent
Frank Napoli
BHHS Nevada Properties
List Price
$260,000
Sold Price
$267,500
Premium/Discount to List
$7,500
2.88%
Total Days on Market
21
Current Estimated Value
$419,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,072
Avg. Annual Appreciation
11.22%
Original Mortgage
$198,750
Outstanding Balance
$179,693
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$242,823

Purchase Details

Listed on
Feb 9, 2016
Closed on
Jun 21, 2016
Sold by
Kazaryan Stepan and Kazaryan Yevgenya Jenny
Bought by
Young Bryson
Seller's Agent
Adrian Banu
Ameropan Realty and Property
Buyer's Agent
Kyle Mayer
Realty 360
List Price
$124,000
Sold Price
$129,000
Premium/Discount to List
$5,000
4.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.14%
Original Mortgage
$96,750
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 9, 2016
Closed on
Jun 20, 2016
Sold by
Young Robyn
Bought by
Young Bryson
Seller's Agent
Adrian Banu
Ameropan Realty and Property
Buyer's Agent
Kyle Mayer
Realty 360
List Price
$124,000
Sold Price
$129,000
Premium/Discount to List
$5,000
4.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,750
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2011
Sold by
Jpmorgan Mortgage Acquistion Corp
Bought by
Kazaryan Stepan and Kazaryan Yevgenya Jenny

Purchase Details

Closed on
Jun 3, 2011
Sold by
Rivera Walter
Bought by
Jpmorgan Mortgage Acquisition Corp

Purchase Details

Closed on
Jun 22, 2007
Sold by
Nunes Josenilda Marcia Del Melo
Bought by
Rivera Walter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
7.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 20, 2007
Sold by
Valiente Ronald H and Papa Michael
Bought by
Nunes Josenilda Marcia Del Melo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
7.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 18, 2005
Sold by
Valiente Ronald H and Papa Michael
Bought by
Nunes Josenilda Marcia De Melo

Purchase Details

Closed on
Feb 3, 2005
Sold by
Valiente Ronald H
Bought by
Valiente Ronald H and Papa Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,700
Interest Rate
9.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 13, 2004
Sold by
Glickstein Concepcion
Bought by
Valiente Ronald H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,700
Interest Rate
9.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 12, 2001
Sold by
Palacios Eric and Palacios Melissa
Bought by
Glickstein Howard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,883
Interest Rate
6.98%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 3, 1999
Sold by
Perez Victor and Perez Rosa Elia
Bought by
Palacios Eric and Palacios Melissa

Purchase Details

Closed on
Apr 1, 1997
Sold by
Peterson Andrew R and Peterson Sharon
Bought by
Perez Victor and Perez Rosa Elia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,853
Interest Rate
7.98%
Mortgage Type
FHA

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
Uzunoglu Volkan $267,000 Chicago Title Las Vegas
Young Bryson -- Chicago Title Las Vegas
Young Bryson $129,000 Chicago Title Of Nevada
Young Bryson -- Chicago Title Of Nevada
Kazaryan Stepan $43,000 Ticor Title Las Vegas
Jpmorgan Mortgage Acquisition Corp $46,000 Pacific Coast Title
Rivera Walter $290,000 Fidelity National Title
Nunes Josenilda Marcia Del Melo -- Fidelity National Title
Nunes Josenilda Marcia Del Melo -- Fidelity National Title
Nunes Josenilda Marcia De Melo $270,000 --
Valiente Ronald H $233,000 --
Valiente Ronald H $233,000 Nevada Title Company
Glickstein Howard $152,000 Old Republic Title Company
Palacios Eric -- Old Republic Title Company
Perez Victor $112,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Uzunoglu Volkan $198,750
Previous Owner Young Bryson $96,750
Previous Owner Rivera Walter $232,000
Previous Owner Valiente Ronald H $209,700
Previous Owner Glickstien Howard $155,706
Previous Owner Glickstein Howard $149,883
Previous Owner Perez Victor $110,853
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2021 02/02/21 Sold $267,500 +2.9% $166 / Sq Ft
01/03/2021 01/03/21 Pending -- -- --
12/12/2020 12/12/20 For Sale $260,000 +101.6% $162 / Sq Ft
06/24/2016 06/24/16 Sold $129,000 +4.0% $80 / Sq Ft
05/25/2016 05/25/16 Pending -- -- --
02/09/2016 02/09/16 For Sale $124,000 -- $77 / 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 $854 $59,873 $43,750 $16,123
2024 $791 $59,873 $43,750 $16,123
2023 $791 $57,899 $43,750 $14,149
2022 $733 $48,109 $35,000 $13,109
2021 $679 $43,696 $31,500 $12,196
2020 $627 $39,958 $28,000 $11,958
2019 $588 $32,601 $21,000 $11,601
2018 $561 $19,862 $8,925 $10,937
2017 $748 $22,814 $12,075 $10,739
2016 $527 $20,327 $9,800 $10,527
2015 $525 $18,571 $8,400 $10,171
2014 $509 $16,692 $7,000 $9,692
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2255371

Las Vegas REALTORS®

APN: 139-35-111-061