$250,000
SOLD DEC 27, 2017
-- Bed
-- Bath
3,814 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$66 Per Sq Ft

5 Days on Market

Highlights

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

About This Home

As of July 2022

This four plex has (1) 3 bedroom, (1) 2 bedroom and (2) studio bedrooms. Each with own patio like areas. Inside a gated community with a club house and pool. In an ideal location, just 4 blocks away from UNLV with a bus stop right outside the gates of the complex and only 1.5 miles away from McCarran Airport. Great return on investment!! CURRENT RENTAL COMPS ALLOW FOR A POSSIBLE $6000 INCREASE IN YEARLY INCOME BRINGING THE CAP RATE TO 10%!!!

Last Agent to Sell the Property

Jacqueline Frye

Real Broker LLC License #S.0059744 Listed on: 11/21/2017

Real Broker LLC

Last Buyer's Agent

Jacqueline Frye

Real Broker LLC License #S.0059744 Listed on: 11/21/2017

Real Broker LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,109

Year Built

  • Built in 1977

HOA Fees

  • $640 Monthly HOA Fees

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,814 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Additional Features

  • Property is in average condition
  • Central Heating and Cooling System

Community Details

Overview

  • 4 Units
  • Century Garden #2 Amd Resub Subdivision

Recreation

  • Community Pool

Additional Features

  • Clubhouse
  • Security Guard

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,109

Year Built

Built in 1977

Lot Details

0

HOA Fees

$640 per month

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • CapRate: 7.5
  • Subdivision Name: CENTURY GARDEN #2 AMD RESUB
  • Directions: FROM MARYLAND PKWY AND TROPICANA SOUTH ON MARYLAND TO PARKWAY VILLAS (JUST PAST HACIENDA) MAKE RIGHT INTO COMMUNITY THROUGH GATE, FOLLOW STREET, MAKE RIGHT ON GRAY
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1977
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1977

Interior Features

  • Number Of Buildings: 1
  • Flooring: Ceramic Tile
  • Interior Amenities: None

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • Amenities: Clubhouse, Pool, Guard
  • Association Fee: 640.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Current Use: Residential
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4
  • Insurance Expense: 1200.0
  • Annual Operating Expense: 9989.0

Tax Info

  • Tax Annual Amount: 1109.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2022
Closed on
Jul 11, 2022
Sold by
Sosa and Yang
Bought by
Lin Family Trust
Seller's Agent
Rui Simon
Las Vegas Realty LLC
Buyer's Agent
Klara Horton
Toro Realty
List Price
$620,000
Sold Price
$605,000
Premium/Discount to List
-$15,000
-2.42%
Total Days on Market
5
Current Estimated Value
$662,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,115
Avg. Annual Appreciation
3.15%

Purchase Details

Listed on
Nov 21, 2017
Closed on
Dec 18, 2017
Sold by
Crazy Tees Asia Inc
Bought by
Sosa Eric and Sosa Yang
Seller's Agent
Jacqueline Frye
Real Broker LLC
Buyer's Agent
Jacqueline Frye
Real Broker LLC
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.44%

Purchase Details

Closed on
Sep 26, 2017
Sold by
Eals Global Llc
Bought by
Crazy Tees Asia Inc

Purchase Details

Listed on
May 1, 2017
Closed on
Jun 16, 2017
Sold by
Narayan Ajay S
Bought by
Elas Global Llc
Seller's Agent
Ehren Alessi
LIFE Realty District
Buyer's Agent
Jacqueline Frye
Real Broker LLC
List Price
$215,000
Sold Price
$225,000
Premium/Discount to List
$10,000
4.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.48%
Original Mortgage
$180,000
Interest Rate
4.02%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 24, 2012
Closed on
Sep 19, 2012
Sold by
Wells Fargo Bank Na
Bought by
Narayan Ajay S
Seller's Agent
Rick Brenkus
Keller Williams MarketPlace
Buyer's Agent
Rick Brenkus
Keller Williams MarketPlace
List Price
$74,900
Sold Price
$68,000
Premium/Discount to List
-$6,900
-9.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.65%

Purchase Details

Closed on
Aug 10, 2011
Sold by
Mkhitarian Yegia
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
Nov 22, 2004
Sold by
Mkhitarian Siranoush Susan
Bought by
Mkhitarian Yegia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 10, 2004
Sold by
Liberty Oaks Properties Llc
Bought by
Mkhitarin Yegia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 6, 2001
Sold by
Jensen Roy D
Bought by
Holmes Dawn Marie

Purchase Details

Closed on
Jan 26, 2000
Sold by
Holmes Dawn Marie
Bought by
Jensen Roy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,875
Interest Rate
11.75%

Purchase Details

Closed on
Jun 30, 1995
Sold by
Natvik James A
Bought by
Holmes Dawn Marie
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 Type Sale Price Title Company
Bargain Sale Deed $605,000 Lawyers Title
Bargain Sale Deed $250,000 Ticor Title Las Vegas
Bargain Sale Deed $225,000 None Available
Bargain Sale Deed $225,000 National Title Co
Bargain Sale Deed $68,000 Chicago Title Las Vegas
Trustee Deed $103,500 Accommodation
Interfamily Deed Transfer -- Fidelity National Title
Bargain Sale Deed $285,000 Fidelity National Title
Bargain Sale Deed $42,667 Lawyers Title
Bargain Sale Deed $178,500 Nevada Title Company
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $180,000 Commercial
Previous Owner $90,000 Unknown
Previous Owner $228,000 Unknown
Previous Owner $133,875 No Value Available
Previous Owner $84,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2022 07/14/22 Sold $605,000 -2.4% $161 / Sq Ft
06/19/2022 06/19/22 Off Market $620,000 -- --
05/04/2022 05/04/22 For Sale $620,000 +148.0% $165 / Sq Ft
12/27/2017 12/27/17 Sold $250,000 0.0% $66 / Sq Ft
11/27/2017 11/27/17 Pending -- -- --
11/21/2017 11/21/17 For Sale $250,000 +11.1% $66 / Sq Ft
06/20/2017 06/20/17 Sold $225,000 +4.7% $59 / Sq Ft
05/21/2017 05/21/17 Pending -- -- --
05/01/2017 05/01/17 For Sale $215,000 +216.2% $56 / Sq Ft
09/21/2012 09/21/12 Sold $68,000 -9.2% $18 / Sq Ft
08/22/2012 08/22/12 Pending -- -- --
02/24/2012 02/24/12 For Sale $74,900 -- $20 / 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 $1,798 $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 $77,029 $37,450 $39,579
2020 $1,324 $78,194 $37,450 $40,744
2019 $1,241 $69,242 $28,000 $41,242
2018 $1,184 $60,228 $19,600 $40,628
2017 $1,726 $58,556 $17,500 $41,056
2016 $1,109 $53,935 $10,500 $43,435
2015 $1,106 $49,675 $6,300 $43,375
2014 $1,072 $35,135 $6,300 $28,835
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1948438

Las Vegas REALTORS®

APN: 162-27-611-315