NOT LISTED FOR SALE

5606 Meikle Ln Las Vegas, NV 89156

Estimated Value: $514,110 - $733,000

8 Beds
4 Baths
3,444 Sq Ft
$180/Sq Ft Est. Value

Last Sold December 28, 2015

Last sale price $215,000 $62 Per Sq Ft

Est. 189% increase in value since last sale

Current estimated payment $3,565/month

45 Days on Market

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • Property is in very good condition
  • Ceramic Tile Flooring

About This Home

As of December 2015

Fully rented all 2 Bedroom 1 bath Fourplex and each unit has there own laundry room very clean building recently painted within the last year and 2 new A / C units as well plenty of parking come preview today.

Last Agent to Sell the Property

Ricardo Herroz

United Realty Group License #S.0061925 Listed on: 10/13/2015

Last Buyer's Agent

Jesus Lucuara

Simply Vegas License #S.0051933

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,503

Year Built

  • Built in 1984

Lot Details

  • 9,148 Sq Ft Lot
  • Property is in very good condition

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Wood Frame Construction
  • Stucco

Interior Spaces

  • 3,444 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 8 Parking Spaces
  • Paved Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 14 / n

Community Details

Overview

  • 2 Units
  • Foothills Terrace #1 Amd Subdivision

Building Details

  • Maintenance Expense $100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,503

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • CapRate: 9.6
  • Subdivision Name: FOOTHILLS TERRACE #1 AMD
  • Directions: FROM LAKEMEAD AND NELLIS HEAD E ON LAKEMEAD TO CHRISTY LN THEN S TO MEIKLE E TO PROPERTY ON YOUR LEFT HAND SIDE.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1984
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2
  • Year Built: 1984

Interior Features

  • Number Of Buildings: 1
  • Flooring: Ceramic Tile
  • Living Area: 3444.0

Exterior Features

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

Garage/Parking

  • Parking Features: Paved
  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Laundry Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 227.0

Condo/Co-op/Association

  • Amenities: None

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 9148.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Other

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 25650.0
  • Insurance Expense: 1374.0
  • Maintenance Expense: 100.0
  • Annual Operating Expense: 5000.0

Tax Info

  • Tax Annual Amount: 1503.0
  • Tax Block: n
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2022
Sold by
Frank Mejia
Bought by
Mejia Frank
Current Estimated Value
$621,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,337
Outstanding Balance
$295,387
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$311,571

Purchase Details

Listed on
Oct 13, 2015
Closed on
Nov 13, 2015
Sold by
Barraza Carmen and Sanchez Carmona Margarita
Bought by
Mejia Francisco
Seller's Agent
Ricardo Herroz
United Realty Group
Buyer's Agent
Jesus Lucuara
Simply Vegas
List Price
$215,000
Sold Price
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.33%
Original Mortgage
$211,105
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 20, 2008
Sold by
Barraza Carmen
Bought by
Barraza Carmen and Sanchez Carmona Margarita

Purchase Details

Closed on
Apr 19, 2005
Sold by
Barraza Jesus Jose and Barraza Carmen
Bought by
Barraza Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
6.94%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 19, 2000
Sold by
Arellano Francisca and Arellano Dulce
Bought by
Barraza Jesus Jose and Barraza Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,155
Interest Rate
7.71%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 22, 1999
Sold by
Hodge Cynthia A
Bought by
Arellano Francisca and Arrellano Dulce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,894
Interest Rate
6.92%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 20, 1993
Sold by
Hodge Cynthia A
Bought by
Hodge Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,205
Interest Rate
6.85%
Mortgage Type
FHA
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
Mejia Frank -- Zillow Closing Services Llc
Mejia Francisco $215,000 Fidelity National Title
Barraza Carmen -- None Available
Barraza Carmen -- Ticor Title Of Nevada Inc
Barraza Jesus Jose $216,500 Fidelity National Title
Arellano Francisca $182,000 Old Republic Title Company
Hodge Cynthia A -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mejia Frank $150,000
Open Mejia Frank $310,337
Previous Owner Mejia Francisco $211,105
Previous Owner Barraza Carmen $262,500
Previous Owner Barraza Jesus Jose $213,155
Previous Owner Arellano Francisca $179,894
Previous Owner Hodge Cynthia A $86,205
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2015 12/28/15 Sold $215,000 0.0% $62 / Sq Ft
11/28/2015 11/28/15 Pending -- -- --
10/13/2015 10/13/15 For Sale $215,000 -- $62 / 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 $2,184 $99,138 $49,000 $50,138
2024 $2,061 $99,138 $49,000 $50,138
2023 $2,061 $92,833 $45,500 $47,333
2022 $1,946 $82,628 $37,100 $45,528
2021 $2,512 $76,335 $32,550 $43,785
2020 $1,022 $73,474 $29,050 $44,424
2019 $957 $70,789 $26,250 $44,539
2018 $914 $58,816 $15,400 $43,416
2017 $1,610 $54,895 $11,025 $43,870
2016 $856 $52,937 $10,500 $42,437
2015 $1,504 $53,466 $10,500 $42,966
2014 $1,477 $27,434 $7,000 $20,434
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1580710

Las Vegas REALTORS®

APN: 140-21-710-014