NOT LISTED FOR SALE

533 Elm St Boulder City, NV 89005

Estimated Value: $382,858 - $597,000

5 Beds
2 Baths
1,628 Sq Ft
$297/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $450,000 $276 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,793/month

8 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Central Heating and Cooling System
  • Martha P. King Elementary School Rated 9+
  • Ceramic Tile Flooring
  • Ceiling Fan

About This Home

As of June 2022

Rare multi-unit opportunity in Boulder City! Super fine property in prime location to enjoy all the fun on Nevada Way. New carpet, new paint, remodeled and updated kitchens and baths. dedicated parking and fenced areas too. Buyer is not picking up a project rather a turnkey operation from closing date. Both units are 2bed/1ba. In unit laundry for each. Shared air/water/sewer sytems - landlord collects on top of rent. Tenants in Unit B (rear). DO NOT DISTURB.

Last Agent to Sell the Property

Timothy Kuptz

RE/MAX Advantage License #B.1000625 Listed on: 05/02/2022

RE/MAX Advantage

Last Buyer's Agent

Heide Hanley

Realty ONE Group, Inc License #S.0070934

Realty ONE Group, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $926

Year Built

  • Built in 1948

Lot Details

  • 5,663 Sq Ft Lot
  • Property is in good condition

Home Design

  • Duplex
  • Flat Roof Shape
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,628 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Microwave
  • Laundry Room

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 4 Parking Spaces
  • Alley Access
  • Paved Parking

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for rent only

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Boulder City Subdivision

Building Details

  • Maintenance Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$926

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • CapRate: 3.8
  • Subdivision Name: Boulder City
  • Directions: Take I-11 S/US-93 S/US-95 S to Boulder City Pkwy. Take exit 15B to Boulder City. Drive through Buchanan Blvd on BC Parkway (becomes Nevada Way) to left on Elm.
  • Architectural Style: Duplex
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: RESALE
  • Year Built: 1948
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1948

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Appliances: Microwave
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 1628.0
  • Window Features: Blinds

Exterior Features

  • Construction Type: Stucco, Wood Siding
  • Property Condition: Good Condition, Resale
  • Roof: Flat

Garage/Parking

  • Parking Features: Alley Access, Paved
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Laundry Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 4200.0

Condo/Co-op/Association

  • Amenities: Cable TV
  • Association: No

Lot Info

  • Lot Size Sq Ft: 5663.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 1200.0
  • Maintenance Expense: 1200.0
  • Annual Operating Expense: 6516.0

Tax Info

  • Tax Annual Amount: 926.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2022
Closed on
Jun 9, 2022
Sold by
Kurt & Kim Bailey Family Trust
Bought by
Stevens Fred M and Helm-Stevens Roxanne E
Seller's Agent
Timothy Kuptz
RE/MAX Advantage
Buyer's Agent
Heide Hanley
Realty ONE Group, Inc
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$483,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,965
Avg. Annual Appreciation
2.43%
Original Mortgage
$337,500
Outstanding Balance
$322,512
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$161,453

Purchase Details

Listed on
Nov 22, 2013
Closed on
Dec 17, 2013
Sold by
Us Bnak Na
Bought by
Bailey Kurt and Bailey Kimberly
Seller's Agent
Jonathan Long
Realty ONE Group, Inc
Buyer's Agent
Gary Robinson
Boulder Dam Realty
List Price
$95,900
Sold Price
$100,200
Premium/Discount to List
$4,300
4.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.45%

Purchase Details

Closed on
Sep 18, 2013
Sold by
Kimmich Tracy L
Bought by
Us Bank Na

Purchase Details

Closed on
May 12, 2005
Sold by
Wilson Jeffery
Bought by
Kimmich Tracy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
5.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2005
Sold by
Ryerson Thomas W
Bought by
Kimmich Tracy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
5.84%
Mortgage Type
New Conventional
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
Stevens Fred M $450,000 New Title Company Name
Bailey Kurt $100,200 First American Title
Us Bank Na $106,250 Lsi Title Agency Inc
Kimmich Tracy L -- Ticor Title Of Nevada Inc
Kimmich Tracy L $230,000 Ticor Title Of Nevada Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stevens Fred M $337,500
Previous Owner Kimmich Tracy L $184,000
Previous Owner Kimmich Tracy L $184,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2022 06/10/22 Sold $450,000 0.0% $276 / Sq Ft
05/11/2022 05/11/22 Pending -- -- --
05/02/2022 05/02/22 For Sale $450,000 0.0% $276 / Sq Ft
10/18/2015 10/18/15 Rented $825 0.0% --
09/18/2015 09/18/15 Under Contract -- -- --
06/10/2015 06/10/15 For Rent $825 0.0% --
12/30/2013 12/30/13 Sold $100,200 +4.5% $62 / Sq Ft
11/30/2013 11/30/13 Pending -- -- --
11/22/2013 11/22/13 For Sale $95,900 -- $59 / 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 $1,166 $70,815 $52,500 $18,315
2024 $1,080 $70,815 $52,500 $18,315
2023 $1,080 $52,618 $36,750 $15,868
2022 $1,000 $47,987 $33,250 $14,737
2021 $926 $40,162 $28,700 $11,462
2020 $859 $40,458 $28,700 $11,758
2019 $806 $37,645 $26,250 $11,395
2018 $769 $33,357 $22,750 $10,607
2017 $821 $31,420 $21,000 $10,420
2016 $719 $27,688 $17,500 $10,188
2015 $718 $27,333 $17,500 $9,833
2014 $704 $27,613 $17,500 $10,113
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2392628

Las Vegas REALTORS®

APN: 186-08-511-009