NOT LISTED FOR SALE

Estimated Value: $401,717 - $686,000

7 Beds
6 Baths
3,814 Sq Ft
$149/Sq Ft Est. Value

Last Sold December 22, 2014

Last sale price $175,000 $46 Per Sq Ft

Est. 225% increase in value since last sale

Current estimated payment $3,335/month

29 Days on Market

Highlights

  • Clubhouse
  • Security Guard
  • Landscaped
  • Community Pool
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of December 2014

Totally remodeled... Kitchens have new cabinets, granite counters and floors are all tile except bedrooms. Guard Gated Community. Community features pool and each unit has one parking with plenty of extra parking. Each unit has it's own garage. Property Manager just tool over in Juy so Financials are based on this. ALL UNITS RENTED!!

Last Agent to Sell the Property

Sandra Lambert

Simply Vegas License #S.0057655 Listed on: 11/22/2014

Simply Vegas

Last Buyer's Agent

Mannie Makhathini

ERA Brokers Consolidated License #S.0069488

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,071

Year Built

  • Built in 1977

Lot Details

  • Landscaped
  • Property is in excellent condition

Home Design

  • Quadruplex
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,814 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Garage
  • Assigned Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block E / 43

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include management, insurance, ground maintenance, security, trash
  • 3 Units
  • Century Garden #2 Amd Resub Subdivision

Recreation

  • Community Pool

Building Details

  • Maintenance Expense $2,595
  • Professional Management Expense $2,208

Additional Features

  • Clubhouse
  • Security Guard

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,071

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • CapRate: 7.93
  • Professional Management Expense: 2208.0
  • Subdivision Name: CENTURY GARDEN #2 AMD RESUB
  • Directions: From Russell and Maryland Pky, Head North to Gated Community of Century GArdens. Turn Left on Gray to property.
  • Architectural Style: Fourplex
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1977
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2
  • Year Built: 1977

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Oven, Range, Refrigerator, Range Hood, Washer
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 3814.0
  • Window Features: Blinds

Exterior Features

  • Construction Type: Stucco
  • Property Condition: Excellent, Resale
  • Roof: Composition, Pitched, Shingle

Garage/Parking

  • Parking Features: Assigned, Garage, Paved
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 1.0

Condo/Co-op/Association

  • Amenities: Clubhouse, Landscaping, Pool, Guard
  • Association Fee: 8976.0
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Insurance, Maintenance Grounds, Security, Trash

Lot Info

  • Current Use: Residential
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 27324.0
  • Insurance Expense: 1.0
  • Maintenance Expense: 2595.0
  • Annual Operating Expense: 12255.0

Tax Info

  • Tax Annual Amount: 1071.0
  • Tax Block: 43
  • Tax Lot: E

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2014
Closed on
Dec 18, 2014
Sold by
Digg Partners Lc
Bought by
Fainberg Kenneth and Ghafouri Alireza
Seller's Agent
Sandra Lambert
Simply Vegas
Buyer's Agent
Mannie Makhathini
ERA Brokers Consolidated
List Price
$190,000
Sold Price
$175,000
Premium/Discount to List
-$15,000
-7.89%
Total Days on Market
29
Current Estimated Value
$569,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,572
Avg. Annual Appreciation
12.85%

Purchase Details

Closed on
Oct 17, 2012
Sold by
Kim Yoon Jung Un
Bought by
Yoon Sang

Purchase Details

Closed on
Oct 3, 2012
Sold by
America Development & Acqulsition Llc
Bought by
Digg Partners Lc

Purchase Details

Closed on
Dec 4, 2009
Sold by
Yoon Sang
Bought by
America Development & Acquisition Llc

Purchase Details

Closed on
Jan 29, 2009
Sold by
Aurora Loan Services Llc
Bought by
Yoon Sang

Purchase Details

Closed on
Dec 20, 2007
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Mar 14, 2007
Sold by
Colasuonno Mary A
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Mar 9, 2007
Sold by
Aurora Loan Services Llc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Feb 10, 2006
Sold by
Colasuonno Mark
Bought by
Colasuonno Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
8.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 16, 2005
Sold by
Blum Michael and Blum Julia
Bought by
Colasuonna Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
8.87%
Mortgage Type
Unknown

Purchase Details

Closed on
May 31, 2005
Sold by
Ponce Rene and Ponce Alma R
Bought by
Blum Michael and Blum Julia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,750
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 24, 2001
Sold by
J & S Investment Llc
Bought by
Ponce Rene and Ponce Alma R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,940
Interest Rate
6.98%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 28, 1999
Sold by
Dereck & Benilda Worrell Family Revocabl
Bought by
J & S Investments Llc

Purchase Details

Closed on
Oct 4, 1995
Sold by
Needham Hal and Martin Arlene R
Bought by
Worrell Dereck J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
7.1%

Purchase Details

Closed on
May 25, 1994
Sold by
Martin Arlene R and Needham Arlene R
Bought by
Martin Arlene R and Martin James R

Purchase Details

Closed on
Nov 9, 1993
Sold by
Martin Arlene R and Needham Arlene R
Bought by
Martin Arlene R and Martin James R
Source: Public Records

Range of Values:

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Average Value
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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
Fainberg Kenneth $175,000 Ticor Title Las Vegas
Yoon Sang -- First American Title Ncs La
Digg Partners Lc $370,000 First American Title Ncs La
Yoon Sang -- First American Title Ncs La
America Development & Acquisition Llc $180,000 None Available
Yoon Sang $180,000 Ticor Title Las Vegas
Aurora Loan Services Llc $382,596 Fidelity National Title
Aurora Loan Services Llc $382,596 Fidelity National Title Agen
Federal Home Loan Mortgage Corporation $382,596 Fidelity National Title Agen
Colasuonno Mary A -- Fidelity National Title
Colasuonna Mary A $445,000 Fidelity National Title
Blum Michael $371,875 Ticor Title Of Nevada Inc
Ponce Rene $198,000 Old Republic Title Company
J & S Investments Llc $175,000 --
Worrell Dereck J $155,000 Fidelity National Title
Martin Arlene R -- --
Martin Arlene R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Colasuonno Mary A $356,000
Previous Owner Colasuonno Mary A $356,000
Previous Owner Colasuonno Mary A $44,500
Previous Owner Colasuonna Mary A $44,500
Previous Owner Blum Michael $273,750
Previous Owner Ponce Rene G $240,000
Previous Owner Ponce Rene $192,545
Previous Owner Ponce Rene $194,940
Previous Owner Worrell Dereck J $124,000
Closed Blum Michael $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2014 12/22/14 Sold $175,000 -7.9% $46 / Sq Ft
11/22/2014 11/22/14 For Sale $190,000 -- $50 / 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 $1,799 $94,273 $50,400 $43,873
2024 $1,666 $94,273 $50,400 $43,873
2023 $1,666 $98,383 $56,000 $42,383
2022 $1,543 $83,374 $42,000 $41,374
2021 $1,429 $77,039 $37,450 $39,589
2020 $1,324 $78,199 $37,450 $40,749
2019 $1,241 $69,247 $28,000 $41,247
2018 $1,184 $60,235 $19,600 $40,635
2017 $1,727 $58,580 $17,500 $41,080
2016 $1,109 $53,876 $10,500 $43,376
2015 $1,106 $49,646 $6,300 $43,346
2014 $1,072 $35,145 $6,300 $28,845
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1497720

Las Vegas REALTORS®

APN: 162-27-611-298