NOT LISTED FOR SALE

Estimated Value: $590,000 - $681,000

8 Beds
4 Baths
3,196 Sq Ft
$196/Sq Ft Est. Value

Last Sold February 05, 2024

Last sale price $590,000 $185 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,641/month

149 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • Laundry Facilities
  • Refrigerated Cooling System
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of February 2024

LONG TERM GOOD TENANTS, WHO HAVE BEEN THERE 5-15 YEARS*ALL UNITS ARE OCCUPIED*RENTS SHOULD BE $900 TO $1100* UNITS A,B,C ARE ONE STORIES AND UNIT D IS UPSTAIRS* UNIT B IS ALL TILE* OTHERS ARE NEWER CARPET AND TILE*HEAT AND COOKING IS GAS* ONE 60 GALLON WATER HEATER* ALL UNITS HAVE GAS RANGE/OVEN, GARBAGE DISPOSAL, REFRIGERATOR* APPLIANCES HAVE BEEN UPDATED*ALL A/Cs HAVE BEEN REPLACED WITHIN THE LAST 4 YEARS* OWNER PAYS GAS, WATER, SEWER & TRASH* TENANTS PAY ELECTRIC* COIN OPERATED LAUNDRY HAS LEASED WASHER AND DRYER FOR THE TENANTS* LEASING COMPANY MAINTAINS THE WASHER AND DRYER* INCOME FROM LAUNDRY APPROXIMATELY $100 A MONTH* TOTAL EXPENSES ARE $5400 YEARLY INCLUDING UTILITIES*OWNER MANAGED*

Last Agent to Sell the Property

Deborah Primack

BHHS Nevada Properties Brokerage Phone: (702) 580-8881 License #BS.0018212 Listed on: 09/08/2023

BHHS Nevada Properties

Last Buyer's Agent

Megan Homeyer

Huntington & Ellis, A Real Est License #S.0177716

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,446

Year Built

  • Built in 1963

Lot Details

  • 7,405 Sq Ft Lot
  • Property is in average condition

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,196 Sq Ft Home
  • 1-Story Property
  • Blinds

Kitchen

  • Oven
  • Range with Range Hood
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Utilities

  • Refrigerated Cooling System
  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Water Heater

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Golf Ridge Terrace 2Nd Amd Subdivision

Additional Features

  • Laundry Facilities
  • Maintenance Expense $5,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,446

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • CapRate: 4.0
  • Subdivision Name: Golf Ridge Terrace 2nd Amd
  • Directions: FROM I-95 NORTH, RIGHT (N) ON DECATUR* LEFT ONTO VEGAS DR.*LEFT ONTO TEQUESTA* RIGHT ON PEBBLE BEACH TO 5224*
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1963
  • ResoPropertyType: Residential
  • Attribution Contact: (702) 580-8881
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1963

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Appliances: Exhaust Fan, Disposal, Oven, Range, Refrigerator, Range Hood, Water Heater
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: None, Window Treatments
  • Living Area: 3196.0
  • Window Features: Blinds

Exterior Features

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

Garage/Parking

  • Parking Features: Other

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air, Refrigerated
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

Lot Info

  • Lot Size Sq Ft: 7405.0
  • Additional Parcels Description: ---
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 30000.0
  • Maintenance Expense: 5400.0
  • Annual Operating Expense: 5400.0

Tax Info

  • Tax Annual Amount: 1446.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2023
Closed on
Feb 2, 2024
Sold by
Houston Autumn Eloise
Bought by
Lacaillade Houston Stacy
Seller's Agent
Deborah Primack
BHHS Nevada Properties
Buyer's Agent
Megan Homeyer
Huntington & Ellis, A Real Est
List Price
$675,000
Sold Price
$590,000
Premium/Discount to List
-$85,000
-12.59%
Total Days on Market
149
Views
37
Current Estimated Value
$626,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,102
Avg. Annual Appreciation
4.50%
Original Mortgage
$442,500
Outstanding Balance
$436,818
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$189,284

Purchase Details

Closed on
Mar 2, 2000
Sold by
Phillips Melvin E and Phillips Patricia A
Bought by
Fekete Gabe and Knipp Kathy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
8.24%

Purchase Details

Closed on
Oct 4, 1996
Sold by
Pdk Enterprises Inc
Bought by
Phillips Melvin E and Phillips Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
7.5%
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
Lacaillade Houston Stacy -- Fidelity National Title
Lacaillade Houston Stacy $590,000 Fidelity National Title
Fekete Gabe $190,000 Old Republic Title Company
Phillips Melvin E $142,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lacaillade Houston Stacy $442,500
Previous Owner Fekete Gabe $149,700
Previous Owner Fekete Gabe $171,000
Previous Owner Phillips Melvin E $114,000
Closed Phillips Melvin E $14,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2024 02/05/24 Sold $590,000 -9.2% $185 / Sq Ft
11/02/2023 11/02/23 Price Changed $650,000 -3.7% $203 / Sq Ft
09/08/2023 09/08/23 For Sale $675,000 -- $211 / 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 $1,685 $85,445 $54,950 $30,495
2024 $4,228 $85,445 $54,950 $30,495
2023 $4,228 $77,121 $50,400 $26,721
2022 $1,446 $63,334 $38,500 $24,834
2021 $1,339 $59,475 $36,400 $23,075
2020 $1,240 $50,674 $28,000 $22,674
2019 $1,163 $45,802 $23,800 $22,002
2018 $1,109 $44,584 $23,800 $20,784
2017 $1,260 $38,427 $18,025 $20,402
2016 $1,070 $35,438 $15,400 $20,038
2015 $1,625 $33,339 $14,000 $19,339
2014 $1,004 $29,717 $11,200 $18,517
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2524759

Las Vegas REALTORS®

APN: 138-25-510-007