NOT LISTED FOR SALE

Estimated Value: $606,407 - $804,000

8 Beds
7 Baths
3,536 Sq Ft
$190/Sq Ft Est. Value

Last Sold July 22, 2015

Last sale price $216,000 $61 Per Sq Ft

Est. 210% increase in value since last sale

Current estimated payment $3,755/month

590 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • High Efficiency Heating System
  • Laundry Room
  • Central Air
  • Community Storage Space

About This Home

As of July 2015

Drive by only right now. Close to UNLV and always 100% occupied. DO NOT DISTURB TENANTS!! No Association fees to pay!!

Last Agent to Sell the Property

Jim Kendellen

Reiss Properties License #S.0027785 Listed on: 11/08/2013

Last Buyer's Agent

Roberto Chavarin

Las Vegas Realty LLC License #S.0074771

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,284

Year Built

  • Built in 1979

Lot Details

  • 10,454 Sq Ft Lot
  • Property is in average condition

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 3,536 Sq Ft Home
  • 2-Story Property
  • Drapes & Rods
  • Blinds
  • Laundry Room

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 10 Parking Spaces
  • Unpaved Parking

Eco-Friendly Details

  • Energy-Efficient HVAC

Utilities

  • Central Air
  • High Efficiency Heating System
  • Heating System Uses Gas
  • Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Tax Lot 13

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Tamarus Gardens Amd Subdivision

Amenities

  • Laundry Facilities
  • Community Storage Space

Building Details

  • Maintenance Expense $600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,284

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • CapRate: 8.34
  • Subdivision Name: TAMARUS GARDENS AMD
  • Directions: From Hacienda and Maryland Parkway, go East on Hacienda then North on Tamarus to Property
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Efficiency: HVAC
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1979
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2
  • Year Built: 1979

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Disposal, Refrigerator, Water Heater
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 3536.0
  • Window Features: Blinds, Drapes

Exterior Features

  • Construction Type: Stucco
  • Property Condition: Average Condition, Resale
  • Roof: Flat

Garage/Parking

  • Parking Features: Unpaved
  • Total Parking Spaces: 10.0

Utilities

  • Laundry Features: Common Area, Laundry Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, High Efficiency
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 2000.0

Condo/Co-op/Association

  • Amenities: Storage
  • Association: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 10454.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 27136.0
  • Insurance Expense: 1000.0
  • Maintenance Expense: 600.0
  • Annual Operating Expense: 8373.0

Tax Info

  • Tax Annual Amount: 1284.0
  • Tax Block: 0
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2017
Sold by
Lucero Victor and Lucero Rosa
Bought by
V And R Lucero Revocable Trust
Current Estimated Value
$670,602

Purchase Details

Listed on
Nov 8, 2013
Closed on
Jul 13, 2015
Sold by
Thoney Shane and Thoney Jihann M
Bought by
Lucero Victor N and Lucero Rosa E
Seller's Agent
Jim Kendellen
Reiss Properties
Buyer's Agent
Roberto Chavarin
Las Vegas Realty LLC
List Price
$299,900
Sold Price
$216,000
Premium/Discount to List
-$83,900
-27.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.76%
Original Mortgage
$151,200
Outstanding Balance
$118,389
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$552,213

Purchase Details

Closed on
Apr 26, 2011
Sold by
Thoney Shane and Thoney Jihann M
Bought by
Thoney Shane and Thoney Jihann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Interest Rate
4.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2011
Sold by
Budo Life Llc
Bought by
Thoney Shane and Thoney Jihann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,725
Interest Rate
4.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 13, 2010
Sold by
Harpaz Ori
Bought by
Budo Life Llc

Purchase Details

Closed on
Mar 2, 2010
Sold by
Nestor Lillian
Bought by
Harpaz Ori

Purchase Details

Closed on
Apr 25, 2005
Sold by
Nestor Burton
Bought by
Nestor Lilian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.92%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 20, 2005
Sold by
5245 Tamarus St Lv Nv 89119 Family Trust
Bought by
Nestor Lilian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.92%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 26, 2003
Sold by
Hoffman Samuel and Mccarthy Sharon
Bought by
5245 Tamarus St Las Vegas Ca 89119 Famil

Purchase Details

Closed on
Apr 1, 2003
Sold by
Net Properties Llc
Bought by
Hoffman Samuel N and Mccarthy Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.72%

Purchase Details

Closed on
Oct 23, 2002
Sold by
Goldman Karen
Bought by
Net Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.17%

Purchase Details

Closed on
Sep 9, 2002
Sold by
Ryan James
Bought by
Goldman Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.17%

Purchase Details

Closed on
Nov 22, 1999
Sold by
Kruglov Margaret
Bought by
Kruglov Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
7.15%

Purchase Details

Closed on
Mar 19, 1998
Sold by
Kruglov Margaret
Bought by
Kruglov Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,454
Interest Rate
7.07%
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
V And R Lucero Revocable Trust -- None Available
Lucero Victor N $216,000 Nations Title Co Of Ne
Thoney Shane -- Lawyers Title Of Nevada Hen
Thoney Shane $156,500 National Title Company
Budo Life Llc $181,949 None Available
Harpaz Ori $118,000 None Available
Nestor Lilian -- Equity Title Of Nevada
Nestor Lilian $360,000 Equity Title Of Nevada
5245 Tamarus St Las Vegas Ca 89119 Famil -- --
Hoffman Samuel N $250,000 Fidelity National Title
Net Properties Llc -- Old Republic Title Company
Goldman Karen $225,000 Old Republic Title Company
Kruglov Margaret -- Land Title
Ryan James -- Lawyers Title
Kruglov Margaret -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucero Victor N $151,200
Previous Owner Thoney Shane $108,500
Previous Owner Thoney Shane $101,725
Previous Owner Nestor Lilian $225,000
Previous Owner Hoffman Samuel N $200,000
Previous Owner Goldman Karen $180,000
Previous Owner Ryan James $196,000
Previous Owner Kruglov Margaret $41,454
Closed Goldman Karen $22,500
Closed Nestor Lilian $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2015 07/22/15 Sold $216,000 -28.0% $61 / Sq Ft
06/22/2015 06/22/15 Pending -- -- --
11/08/2013 11/08/13 For Sale $299,900 -- $85 / 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 $2,221 $93,028 $49,000 $44,028
2024 $2,074 $93,028 $49,000 $44,028
2023 $1,369 $80,787 $38,500 $42,287
2022 $1,905 $77,711 $36,750 $40,961
2021 $1,764 $76,419 $36,750 $39,669
2020 $1,635 $73,710 $33,250 $40,460
2019 $1,532 $70,235 $29,400 $40,835
2018 $1,462 $62,829 $22,750 $40,079
2017 $1,707 $58,210 $17,500 $40,710
2016 $1,369 $53,255 $10,500 $42,755
2015 $1,366 $53,110 $10,500 $42,610
2014 $1,323 $43,782 $14,000 $29,782
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1399095

Las Vegas REALTORS®

APN: 162-26-216-012