NOT LISTED FOR SALE

5634 Meikle Ln Las Vegas, NV 89156

Estimated Value: $468,979 - $732,000

8 Beds
4 Baths
3,444 Sq Ft
$177/Sq Ft Est. Value

Last Sold August 17, 2016

Last sale price $205,000 $60 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $3,447/month

99 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of August 2016

Great opportunity to own a fourplex that is good condition. Each unit is a two bedroom, one bath. The property has lots of potential.

Last Agent to Sell the Property

Stuart Merida

RE/MAX CENTRAL License #S.0070572 Listed on: 04/09/2016

Last Buyer's Agent

David Ramirez

Simply Vegas License #S.0168917

Simply Vegas

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,521

Year Built

  • Built in 1983

Lot Details

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

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Tile Roof
  • Stucco

Interior Spaces

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

Kitchen

  • Oven
  • Range

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Legal Lot and Block 12 / 2

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Foothills Terrace #1 Amd Subdivision

Building Details

  • Maintenance Expense $1,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,521

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.22
  • CapRate: 3.85
  • Subdivision Name: FOOTHILLS TERRACE #1 AMD
  • Directions: From Lamb go East Lakemead to Christy Ln, South to Meikle, East to Property.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1983
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1983

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Oven, Range, Refrigerator, Washer
  • Flooring: Ceramic Tile
  • Interior Amenities: None
  • Living Area: 3444.0

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 1300.0

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Lot Info

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

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 14000.0
  • Insurance Expense: 1350.0
  • Maintenance Expense: 1700.0
  • Annual Operating Expense: 6500.0

Tax Info

  • Tax Annual Amount: 1521.0
  • Tax Block: 2
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2016
Closed on
Aug 12, 2016
Sold by
Cristofano Frank
Bought by
Pineda Valverde Richard
Seller's Agent
Stuart Merida
RE/MAX CENTRAL
Buyer's Agent
David Ramirez
Simply Vegas
List Price
$195,000
Sold Price
$205,000
Premium/Discount to List
$10,000
5.13%
Current Estimated Value
$610,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$405,993
Avg. Annual Appreciation
12.97%
Original Mortgage
$201,286
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Listed on
May 29, 2013
Closed on
Jul 11, 2013
Sold by
Sabillon Banegas Maribel
Bought by
Cristofano Frank
Seller's Agent
Leonardo Pinheiro
Centennial Real Estate
Buyer's Agent
Vera Comport
Keller Williams MarketPlace
List Price
$179,900
Sold Price
$170,000
Premium/Discount to List
-$9,900
-5.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%

Purchase Details

Listed on
May 29, 2013
Closed on
Jul 10, 2013
Sold by
Cristofano Eleanore M
Bought by
Cristofano Frank
Seller's Agent
Leonardo Pinheiro
Centennial Real Estate
Buyer's Agent
Vera Comport
Keller Williams MarketPlace
List Price
$179,900
Sold Price
$170,000
Premium/Discount to List
-$9,900
-5.5%

Purchase Details

Closed on
Aug 10, 2010
Sold by
Lobster 888 Llc
Bought by
Sabillon Banegas Maribel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,039
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 2, 2010
Sold by
Martinez Miguel and Martinez Ana
Bought by
Lobster 888 Llc

Purchase Details

Closed on
Jul 30, 2002
Sold by
Pena Eleduvino and Pena Sandra
Bought by
Martinez Miguel and Martinez Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,369
Interest Rate
6.6%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 9, 1999
Sold by
Hodge Cynthia Ann
Bought by
Pena Eleduvino and Pena Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,181
Interest Rate
6.94%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 21, 1996
Sold by
Hodge Mary M
Bought by
Hodge Cynthia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,000
Interest Rate
7.04%

Purchase Details

Closed on
Aug 11, 1994
Sold by
Hodge Vernon
Bought by
Hodge Mary M
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
Pineda Valverde Richard $205,000 Lawyers Title Of Nevada
Cristofano Frank -- Lawyers Title Of Nevada
Cristofano Frank $170,000 Nevada Title Las Vegas
Cristofano Frank -- Nevada Title Las Vegas
Sabillon Banegas Maribel $128,750 Noble Title
Lobster 888 Llc $85,300 None Available
Martinez Miguel $235,000 Equity Title
Pena Eleduvino $181,500 Old Republic Title Company
Hodge Cynthia Ann $162,000 Old Republic Title Company
Hodge Mary M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pineda Valverde Richard $199,500
Closed Pineda Valverde Richard $201,286
Previous Owner Sabillon Banegas Maribel $127,039
Previous Owner Martinez Miguel $336,000
Previous Owner Martinez Miguel $281,250
Previous Owner Martinez Miguel $231,369
Previous Owner Pena Eleduvino $179,181
Previous Owner Hodge Cynthia Ann $23,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2016 08/17/16 Sold $205,000 +5.1% $60 / Sq Ft
07/18/2016 07/18/16 Pending -- -- --
04/09/2016 04/09/16 For Sale $195,000 +14.7% $57 / Sq Ft
08/09/2013 08/09/13 Sold $170,000 -5.5% $49 / Sq Ft
07/10/2013 07/10/13 Pending -- -- --
05/29/2013 05/29/13 For Sale $179,900 -- $52 / 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 $1,417 $99,983 $49,000 $50,983
2024 $1,312 $99,983 $49,000 $50,983
2023 $1,312 $93,769 $45,500 $48,269
2022 $1,215 $83,552 $37,100 $46,452
2021 $1,125 $77,263 $32,550 $44,713
2020 $1,042 $74,447 $29,050 $45,397
2019 $977 $71,796 $26,250 $45,546
2018 $932 $59,866 $15,400 $44,466
2017 $1,644 $56,044 $11,025 $45,019
2016 $874 $54,034 $10,500 $43,534
2015 $1,521 $54,624 $10,500 $44,124
2014 $1,335 $27,977 $7,000 $20,977
Source: Public Records

Agents Affiliated with this Home

  • Stuart Merida

    Seller's Agent in 2016

    Stuart Merida

    RE/MAX

    (702) 308-8888

    15 Total Sales

    Stuart Merida
    Section Image

  • D

    Buyer's Agent in 2016

    David Ramirez

    Simply Vegas

    (702) 232-8448

    10 in this area

    47 Total Sales

    David Ramirez
    Section Image

  • L

    Seller's Agent in 2013

    Leonardo Pinheiro

    Centennial Real Estate

    (702) 219-9006

    1 in this area

    9 Total Sales

    Leonardo Pinheiro
    Section Image

  • V

    Buyer's Agent in 2013

    Vera Comport

    Keller Williams MarketPlace

    (702) 877-2500

    11 Total Sales

    Vera Comport
    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 1622535

Las Vegas REALTORS®

APN: 140-21-710-012

Nevada Clark County Las Vegas 89156

5634 Meikle Ln, Las Vegas, NV

This home is located at 5634 Meikle Ln, Las Vegas, NV 89156 since 09 April 2016 and is currently estimated at $610,993, approximately $177 per square foot. This property was built in 1983. 5634 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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