NOT LISTED FOR SALE

5620 Meikle Ln Las Vegas, NV 89156

Estimated Value: $531,186 - $670,000

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

Last Sold March 14, 2018

Last sale price $295,000 $86 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $3,625/month

30 Days on Market

About This Home

As of March 2018

Fantastic Fourplex. Great income opportunity. There are three current long-term tenants. Four separate storage sheds in rear of unit for each tenant.

Last Agent to Sell the Property

Alex Rivlin

LPT Realty, LLC License #BS.0146716 Listed on: 01/12/2018

Last Buyer's Agent

Ricardo Pichardo

LPT Realty, LLC License #S.0172024

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $845

Year Built

  • Built in 1984

Lot Details

  • 9,583 Sq Ft Lot
  • Property is in good condition

Home Design

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

Interior Spaces

  • 3,444 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Community Details

  • 4 Units
  • Foothills Terrace #1 Amd Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$845

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.22
  • CapRate: 8.79
  • Subdivision Name: FOOTHILLS TERRACE #1 AMD
  • Directions: From Nellis Blvd. head East on Lake Mead Blvd. turn Right on Christy Ln. and take the first left on Meikle
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1984
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1984

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Oven, Range, Refrigerator, Washer
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: None

Exterior Features

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

Utilities

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

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: 4
  • Annual Operating Expense: 2861.0

Tax Info

  • Tax Annual Amount: 845.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2018
Closed on
Mar 8, 2018
Sold by
Carl Robert Scott
Bought by
Guiterrez Garcia Benjamin
Seller's Agent
Alex Rivlin
LPT Realty, LLC
Buyer's Agent
Ricardo Pichardo
LPT Realty, LLC
List Price
$295,000
Sold Price
$295,000
Total Days on Market
30
Current Estimated Value
$619,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,547
Avg. Annual Appreciation
10.76%
Original Mortgage
$289,656
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 12, 2011
Sold by
Franco Grizelda
Bought by
2006 Robert Scott Carl Living Trust

Purchase Details

Closed on
Sep 24, 2004
Sold by
Keenan Enterprises Inc
Bought by
Franco Grizelda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,650
Interest Rate
5.76%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 3, 2004
Sold by
Mora Marco A
Bought by
Keenan Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,650
Interest Rate
5.76%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 12, 1999
Sold by
Martinez Carmen
Bought by
Martinez Juan

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
6.7%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 9, 1999
Sold by
Martinez Juan
Bought by
Mora Marco A

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
6.7%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 16, 1997
Sold by
Martinez Juan
Bought by
Martinez Juan and Martinez Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000
Interest Rate
7.7%

Purchase Details

Closed on
Mar 13, 1995
Sold by
Felmer Joanne Quinn
Bought by
Martinez Juan and Martinez Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.92%
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
Guiterrez Garcia Benjamin $295,000 Ticor Title Las Vegas
2006 Robert Scott Carl Living Trust $88,500 None Available
Franco Grizelda $329,600 Land Title Of Nevada
Mora Marco A -- Land Title Of Nevada
Keenan Enterprises Inc $203,000 Land Title Of Nevada
Martinez Juan -- Stewart Title
Mora Marco A $180,000 Stewart Title
Martinez Juan -- First American Title Co
Martinez Juan $150,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Garcia Benjamin $288,715
Closed Guiterrez Garcia Benjamin $289,656
Previous Owner Parnishsuko Tewan $60,000
Previous Owner Franco Grizelda $322,500
Previous Owner Franco Grizelda $263,650
Previous Owner Mora Marco A $178,804
Previous Owner Martinez Juan $12,000
Previous Owner Martinez Juan $135,000
Closed Franco Grizelda $49,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2018 03/14/18 Sold $295,000 0.0% $86 / Sq Ft
02/12/2018 02/12/18 Pending -- -- --
01/12/2018 01/12/18 For Sale $295,000 -- $86 / 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 $1,967 $99,138 $49,000 $50,138
2024 $1,463 $99,138 $49,000 $50,138
2023 $1,463 $92,833 $45,500 $47,333
2022 $1,175 $82,628 $37,100 $45,528
2021 $2,198 $76,335 $32,550 $43,785
2020 $1,008 $73,474 $29,050 $44,424
2019 $945 $70,789 $26,250 $44,539
2018 $901 $58,816 $15,400 $43,416
2017 $1,610 $54,895 $11,025 $43,870
2016 $845 $52,937 $10,500 $42,437
2015 $844 $53,466 $10,500 $42,966
2014 $818 $27,434 $7,000 $20,434
Source: Public Records

Agents Affiliated with this Home

  • Alex Rivlin

    Seller's Agent in 2018

    Alex Rivlin

    LPT Realty, LLC

    (702) 219-2000

    8 in this area

    251 Total Sales

    Alex Rivlin
    Section Image

  • R

    Buyer's Agent in 2018

    Ricardo Pichardo

    LPT Realty, LLC

    (702) 472-4583

    6 in this area

    31 Total Sales

    Ricardo Pichardo
    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 1959020

Las Vegas REALTORS®

APN: 140-21-710-013

Nevada Clark County Las Vegas 89156

5620 Meikle Ln, Las Vegas, NV

This home is located at 5620 Meikle Ln, Las Vegas, NV 89156 since 12 January 2018 and is currently estimated at $619,547, approximately $179 per square foot. This property was built in 1984. 5620 Meikle Ln is a home located in Clark County with nearby schools including Mountain View Elementary School, Dr. William H. Bailey Middle School, and Sunrise Mountain High School.

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