NOT LISTED FOR SALE

Estimated Value: $743,000 - $845,000

8 Beds
8 Baths
3,774 Sq Ft
$210/Sq Ft Est. Value

Last Sold October 01, 2012

Last sale price $126,000 $33 Per Sq Ft

Est. 524% increase in value since last sale

Current estimated payment $4,487/month

157 Days on Market

Highlights

  • No HOA
  • High Efficiency Air Conditioning
  • High Efficiency Heating System
  • Ed W Clark High School Rated A-
  • Laundry Room
  • Multiple Water Heaters

About This Home

As of October 2012

Two story four-plex. Great location--minutes from the Strip. Four new HVAC units installed about two years ago.

Last Agent to Sell the Property

Tania Michaels

Keller Williams MarketPlace License #S.0056219 Listed on: 03/27/2012

Keller Williams MarketPlace

Last Buyer's Agent

Justin Eder

RE/MAX Benchmark Realty License #S.0167795

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,754

Year Built

  • Built in 1982

Lot Details

  • 6,970 Sq Ft Lot
  • Property is in average condition

Home Design

  • Quadruplex
  • Pitched Roof
  • Stucco

Interior Spaces

  • 3,774 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Parking

  • 5 Parking Spaces
  • Paved Parking

Eco-Friendly Details

  • Energy-Efficient HVAC

Utilities

  • High Efficiency Air Conditioning
  • High Efficiency Heating System
  • Multiple Water Heaters
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 60 / 30

Community Details

Overview

  • No Home Owners Association
  • Sierra Baja Sub Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Maintenance Expense $600
  • Professional Management Expense $1,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,754

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • CapRate: 7.49
  • Professional Management Expense: 1800.0
  • Subdivision Name: SIERRA BAJA SUB
  • Directions: West on Flamingo from Decatur, South on Edmond, West on Retablo to 5304
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Efficiency: HVAC
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1982
  • ResoPropertyType: Residential
  • Special Features: 12
  • Stories: 2
  • Year Built: 1982

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Multiple Water Heaters, Oven, Range, Refrigerator, Water Heater
  • Flooring: Other

Exterior Features

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

Garage/Parking

  • Parking Features: Paved
  • Total Parking Spaces: 5.0

Utilities

  • Laundry Features: Common Area, Laundry Room
  • Cooling: High Efficiency
  • Cooling Y N: Yes
  • Heating: Electric, High Efficiency
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 1733.0

Condo/Co-op/Association

  • Association: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 6970.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 1
  • Annual Gross Income: 15650.0
  • Insurance Expense: 840.0
  • Maintenance Expense: 600.0
  • Annual Operating Expense: 7407.0

Tax Info

  • Tax Annual Amount: 1754.0
  • Tax Block: 30
  • Tax Lot: 60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2019
Sold by
The Bruce T Derbyshire Revocable Trust
Bought by
Rlt Bruce Tomlinson Derbyshire
Current Estimated Value
$786,500

Purchase Details

Listed on
Mar 27, 2012
Closed on
Sep 20, 2012
Sold by
Rosaly John and Rosaly Vilma J
Bought by
Derbyshire Bruce T and Bruce T Derbyshire Revocable Trust
Seller's Agent
Tania Michaels
Keller Williams MarketPlace
Buyer's Agent
Justin Eder
RE/MAX Benchmark Realty
List Price
$110,000
Sold Price
$126,000
Premium/Discount to List
$16,000
14.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.20%

Purchase Details

Closed on
Jan 14, 2004
Sold by
Jacome Alvaro
Bought by
Rosaly John and Rosaly Vilma J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 26, 2000
Sold by
Gilger Dale R and Gilger Evelyn B
Bought by
Jacome Alvaro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,316
Interest Rate
7.54%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 25, 2000
Sold by
Gilger Evelyn B and Anderson Evelyn Bradley
Bought by
Gilger Dale R and Gilger Evelyn B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,600
Interest Rate
8.26%
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
Rlt Bruce Tomlinson Derbyshire -- Stewart Title Company
Derbyshire Bruce T $126,000 First American Title Ncs La
Rosaly John $255,000 United Title Of Nevada
Jacome Alvaro $228,500 Old Republic Title Company
Gilger Dale R -- United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rosaly John $325,000
Previous Owner Rosaly John $204,000
Previous Owner Jacome Alvaro $225,316
Previous Owner Gilger Dale R $152,600
Closed Rosaly John $25,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2012 10/01/12 Sold $126,000 +14.5% $33 / Sq Ft
09/01/2012 09/01/12 Pending -- -- --
03/27/2012 03/27/12 For Sale $110,000 -- $29 / 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 $2,167 $116,696 $64,400 $52,296
2024 $2,007 $116,696 $64,400 $52,296
2023 $2,007 $97,229 $47,600 $49,629
2022 $1,859 $87,759 $39,900 $47,859
2021 $1,721 $86,038 $39,900 $46,138
2020 $1,595 $81,815 $35,000 $46,815
2019 $1,495 $74,389 $27,300 $47,089
2018 $1,427 $72,666 $26,600 $46,066
2017 $1,984 $67,650 $21,000 $46,650
2016 $1,336 $62,681 $14,000 $48,681
2015 $1,335 $44,086 $11,200 $32,886
2014 $1,294 $43,751 $11,200 $32,551
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1237637

Las Vegas REALTORS®

APN: 163-24-510-038