NOT LISTED FOR SALE

5619 E Lake Mead Blvd Las Vegas, NV 89156

Estimated Value: $330,413 - $713,000

8 Beds
4 Baths
3,444 Sq Ft
$161/Sq Ft Est. Value

Last Sold May 20, 2016

Last sale price $140,000 $41 Per Sq Ft

Est. 295% increase in value since last sale

Current estimated payment $3,132/month

46 Days on Market

About This Home

As of May 2016

FIXER UPPER - FULL REHAB NEEDED - MISSING AC UNITS

Last Agent to Sell the Property

Carlington Miller

Realty ONE Group, Inc License #S.0068223 Listed on: 03/05/2016

Realty ONE Group, Inc

Last Buyer's Agent

Carlington Miller

Realty ONE Group, Inc License #S.0068223 Listed on: 03/05/2016

Realty ONE Group, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,505

Year Built

  • Built in 1984

Lot Details

  • 9,583 Sq Ft Lot
  • Property is in below average condition

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Stucco

Interior Spaces

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 2

Community Details

Overview

  • 2 Units
  • Foothills Terrace #1 Amd Subdivision

Building Details

  • Maintenance Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,505

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.22
  • CapRate: 9.29
  • Subdivision Name: FOOTHILLS TERRACE #1 AMD
  • Directions: Head East on Lake Mead from Nellis, Property is on your right
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1984
  • ResoPropertyType: Residential
  • Special Features: 12
  • Stories: 2
  • Year Built: 1984

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher
  • Flooring: Ceramic Tile
  • Interior Amenities: None
  • Living Area: 3444.0

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 100.0

Condo/Co-op/Association

  • Amenities: None

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 9583.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 18000.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 1000.0
  • Annual Operating Expense: 5000.0

Tax Info

  • Tax Annual Amount: 1505.0
  • Tax Block: 0
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2016
Sold by
Garcia Jgnacio
Bought by
Tr Property Holding Llc
Current Estimated Value
$553,471

Purchase Details

Closed on
Nov 23, 2010
Sold by
Palomino Jaime Ivan Montoya
Bought by
Palomino Jaime Ivan Montoya and Montoya Miryam P

Purchase Details

Closed on
Jun 12, 2008
Sold by
Garcia Ignacio
Bought by
Palomino Jaime Ivan Montoya

Purchase Details

Closed on
Nov 22, 2004
Sold by
Garcia Asencion and Garcia Rosario
Bought by
Garcia Ignacio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2003
Sold by
Garcia Miriam
Bought by
Garcia Ignacio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,871
Interest Rate
5.17%
Mortgage Type
FHA

Purchase Details

Closed on
May 27, 2003
Sold by
Baker Ma Dorothy S
Bought by
Baker Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,871
Interest Rate
5.17%
Mortgage Type
FHA

Purchase Details

Closed on
May 23, 2003
Sold by
Baker Frank and Rojas Maria
Bought by
Garcia Ignacio and Garcia Asencion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,871
Interest Rate
5.17%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 4, 1999
Sold by
Marroquin Anselmo T
Bought by
Norwest Mtg Inc

Purchase Details

Closed on
Aug 25, 1998
Sold by
Norwest Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Jan 8, 1996
Sold by
Marroquin Norma Isabel
Bought by
Marroquin Anselmo
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 Buyer Sale Price Title Company
Tr Property Holding Llc $140,000 Nations Title Company
Garcia Ignacio -- Nations Title Company Of Ne
Palomino Miryam Patricia Montoya -- Nations Title Company Of Ne
Palomino Jaime Ivan Montoya -- None Available
Palomino Jaime Ivan Montoya $306,471 None Available
Garcia Ignacio -- Fidelity National Title
Garcia Ignacio $238,200 Fidelity National Title
Baker Frank -- Fidelity National Title
Garcia Ignacio $238,200 Fidelity National Title
Rojas Maria -- Fidelity National Title
Norwest Mtg Inc $171,082 Ati Title
Hud -- Ati Title
Marroquin Anselmo -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Ignacio $327,250
Previous Owner Garcia Ignacio $280,000
Previous Owner Garcia Ignacio $234,871
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2016 05/20/16 Sold $140,000 0.0% $41 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
03/05/2016 03/05/16 For Sale $140,000 -- $41 / 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 $1,392 $99,289 $49,000 $50,289
2024 $1,289 $99,289 $49,000 $50,289
2023 $1,289 $92,976 $45,500 $47,476
2022 $1,194 $82,764 $37,100 $45,664
2021 $1,106 $76,466 $32,550 $43,916
2020 $1,024 $73,605 $29,050 $44,555
2019 $959 $70,921 $26,250 $44,671
2018 $916 $58,945 $15,400 $43,545
2017 $1,614 $55,026 $11,025 $44,001
2016 $858 $53,060 $10,500 $42,560
2015 $1,506 $53,592 $10,500 $43,092
2014 $1,479 $27,495 $7,000 $20,495
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1613784

Las Vegas REALTORS®

APN: 140-21-710-002