$172,521
SOLD AUG 24, 2015

5248 Pebble Beach Blvd Las Vegas, NV 89108

Michael Way Neighborhood
-- Bed
-- Bath
3,196 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$54 Per Sq Ft

23% Above List Price

402 Days on Market

About This Home

As of December 2019

Long term tenants, property need cosmetic repairs.

Last Agent to Sell the Property

Debra Martinez-Palafox

King Realty Group License #S.0172354 Listed on: 06/17/2014

Last Buyer's Agent

Petra Reyes

Signature Real Estate Group License #S.0075771

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $981

Year Built

  • Built in 1963

Lot Details

  • 8,712 Sq Ft Lot
  • Property is in average condition

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,196 Sq Ft Home
  • 2-Story Property

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for rent only
  • Legal Lot and Block 1 / 24

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Golf Ridge Terrace Subdivision

Building Details

  • Maintenance Expense $200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$981

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • CapRate: 9.54
  • Subdivision Name: GOLF RIDGE TERRACE
  • Directions: From Decatur and Vegas Dr. head west on Vegas Dr, turn left (south) on Michael Way, property is located in the right in the crossing between Pebble Beach and Michael Way.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1963
  • ResoPropertyType: Residential
  • Special Features: 4108
  • Stories: 2
  • Year Built: 1963

Interior Features

  • Number Of Buildings: 1
  • Flooring: Other
  • Interior Amenities: None
  • Living Area: 3196.0

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 163.0

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Rent Only

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 23520.0
  • Insurance Expense: 800.0
  • Maintenance Expense: 200.0
  • Annual Operating Expense: 7200.0

Tax Info

  • Tax Annual Amount: 981.0
  • Tax Block: 24
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2019
Closed on
Feb 12, 2020
Sold by
Wittwer Willaim Scott and Wittwer Christine Mary
Bought by
Wittwer Willaim Scott and Wittwer Christine M
Seller's Agent
Marcella Quezada
Monarch Property Management &
Buyer's Agent
Samantha Kaniaupio
Monarch Property Management &
List Price
$375,000
Sold Price
$375,000
Total Days on Market
402
Current Estimated Value
$639,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,323
Avg. Annual Appreciation
10.22%
Original Mortgage
$281,250
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 21, 2019
Closed on
Dec 18, 2019
Sold by
Preferred Trust Company Llc
Bought by
Wittwer William Scot and Wittwer Christiine Mary
Seller's Agent
Marcella Quezada
Monarch Property Management &
Buyer's Agent
Samantha Kaniaupio
Monarch Property Management &
List Price
$375,000
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 17, 2014
Closed on
Aug 14, 2015
Sold by
Cerna Angelita
Bought by
Castellanos Oscar J
Seller's Agent
Debra Martinez-Palafox
King Realty Group
Buyer's Agent
Petra Reyes
Signature Real Estate Group
List Price
$140,000
Sold Price
$172,521
Premium/Discount to List
$32,521
23.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.64%

Purchase Details

Listed on
Jun 17, 2014
Closed on
Aug 13, 2015
Sold by
Castellanos Oscar J
Bought by
Preferred Trust Co and Jose Rivera Trad Ira 404301330
Seller's Agent
Debra Martinez-Palafox
King Realty Group
Buyer's Agent
Petra Reyes
Signature Real Estate Group
List Price
$140,000
Sold Price
$172,521
Premium/Discount to List
$32,521
23.23%

Purchase Details

Listed on
Jun 17, 2014
Closed on
Aug 10, 2015
Sold by
Castellanos Christian
Bought by
Cerna Angelita
Seller's Agent
Debra Martinez-Palafox
King Realty Group
Buyer's Agent
Petra Reyes
Signature Real Estate Group
List Price
$140,000
Sold Price
$172,521
Premium/Discount to List
$32,521
23.23%

Purchase Details

Closed on
Jul 5, 2008
Sold by
Castellanos Oscar J
Bought by
Cerna Angelita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,498
Interest Rate
6.41%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 21, 2007
Sold by
Dorotheo Daisy and Dorotheo Gerry
Bought by
Castellanos Oscar J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,815
Interest Rate
6.65%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 12, 2005
Sold by
Trujillo Maria M and Sanchez Hugh Alfredo
Bought by
Dorotheo Gerry and Dorotheo Daisy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 30, 1999
Sold by
Mutnick Steven J
Bought by
Trujillo Maria M and Sanchez Hugo Alfredo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,804
Interest Rate
6.92%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 4, 1996
Sold by
Pdk Enterprises Inc
Bought by
Mutnick Steven J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
7.62%

Purchase Details

Closed on
Jul 19, 1994
Sold by
Corley Iris G
Bought by
Corley Iris G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,500
Interest Rate
8.37%

Purchase Details

Closed on
Sep 19, 1984
Sold by
Corley Iris G
Bought by
Pdk Enterprises Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Interfamily Deed Transfer -- None Available
Bargain Sale Deed -- None Available
Bargain Sale Deed $375,000 Equity Title Of Nevada
Bargain Sale Deed $172,521 Nevada Title Las Vegas
Bargain Sale Deed $172,521 Nevada Title Las Vegas
Bargain Sale Deed -- Nevada Title Las Vegas
Bargain Sale Deed $275,000 None Available
Bargain Sale Deed $465,000 National Alliance Title
Bargain Sale Deed $420,000 Fidelity National Title
Bargain Sale Deed $180,000 United Title
Deed $145,000 First American Title Co
Interfamily Deed Transfer -- National Title Company
Deed $1,199,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $281,250 New Conventional
Previous Owner $353,498 FHA
Previous Owner $457,815 FHA
Previous Owner $316,000 Negative Amortization
Previous Owner $178,804 FHA
Previous Owner $116,000 No Value Available
Previous Owner $64,500 No Value Available
Closed $14,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2019 12/20/19 Sold $375,000 0.0% $117 / Sq Ft
11/21/2019 11/21/19 For Sale $375,000 +117.4% $117 / Sq Ft
08/24/2015 08/24/15 Sold $172,521 +23.2% $54 / Sq Ft
07/25/2015 07/25/15 Pending -- -- --
06/17/2014 06/17/14 For Sale $140,000 -- $44 / 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 $1,618 $85,658 $54,950 $30,708
2024 $1,499 $85,658 $54,950 $30,708
2023 $1,571 $77,309 $50,400 $26,909
2022 $1,455 $63,504 $38,500 $25,004
2021 $1,348 $59,633 $36,400 $23,233
2020 $1,249 $50,828 $28,000 $22,828
2019 $1,170 $45,950 $23,800 $22,150
2018 $1,117 $44,726 $23,800 $20,926
2017 $1,264 $38,569 $18,025 $20,544
2016 $1,046 $35,573 $15,400 $20,173
2015 $1,043 $33,472 $14,000 $19,472
2014 $1,011 $29,911 $11,200 $18,711
Source: Public Records

Agents Affiliated with this Home

  • Marcella Quezada

    Seller's Agent in 2019

    Marcella Quezada

    Monarch Property Management &

    (702) 412-7189

    1 in this area

    20 Total Sales

    Marcella Quezada
    Section Image

  • S

    Buyer's Agent in 2019

    Samantha Kaniaupio

    Monarch Property Management &

    (702) 412-7189

    4 Total Sales

    Samantha Kaniaupio
    Section Image

  • D

    Seller's Agent in 2015

    Debra Martinez-Palafox

    King Realty Group

  • P

    Buyer's Agent in 2015

    Petra Reyes

    Signature Real Estate Group

    1 in this area

    8 Total Sales

    Petra Reyes
    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 1455442

Las Vegas REALTORS®

APN: 138-25-510-001

Nevada Clark County Las Vegas 89108 Michael Way

5248 Pebble Beach Blvd, Las Vegas, NV

This home is located at 5248 Pebble Beach Blvd, Las Vegas, NV 89108 and is currently priced at $172,521, approximately $53 per square foot. This property was built in 1963. 5248 Pebble Beach Blvd is a home located in Clark County with nearby schools including J.T. McWlliams Elementary School, Robert O Gibson Middle School, and Western High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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