NOT LISTED FOR SALE

5919 Cassedy Ln Las Vegas, NV 89122

Estimated Value: $262,000 - $350,000

3 Beds
2 Baths
1,117 Sq Ft
$270/Sq Ft Est. Value

Last Sold February 02, 2024

Last sale price $274,000 $245 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,728/month

40 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • Window Unit Cooling System
  • Central Heating and Cooling System

About This Home

As of February 2024

*Income Property* Detached Duplex (separate buildings) with large lot, NO HOA, and plenty of room to drop an ADU for additional income. Studio unit available to view with all tile flooring and 2 bedroom unit is tenant occupied with all wood vinyl flooring. Kitchen appliances, washer & dryer are included for both units. New roofs installed on both units in 2020. Commercial zoned with lot's of possibilities. Whether you are an investor looking for a short or long term rental property or maybe a first time buyer looking to offset some of your mortgage with a tenant already in place, this could be for you! Property is approved for Section 8 as well.

Last Agent to Sell the Property

Michael Copenhaver

Simply Vegas Brokerage Phone: (702) 715-8902 License #S.0188607 Listed on: 12/18/2023

Simply Vegas

Last Buyer's Agent

Admin Assistant

NON-MLS OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $670

Year Built

  • Built in 1949

Lot Details

  • 6,534 Sq Ft Lot
  • Property is in good condition

Parking

  • Paved Parking

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,117 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Luxury Vinyl Plank Tile

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Wall Furnace

Community Details

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Bunch Sub Amd Subdivision

Listing and Financial Details

  • Tenant pays for electricity

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$670

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • CapRate: 7.0
  • Subdivision Name: Bunch Sub Amd
  • Directions: From Russell Rd and Boulder Hwy, head North on Boulder Hwy, East or right on Whitney St then South or right on Cassedy Lane. Property will be on the right hand side.
  • Architectural Style: Duplex
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: RESALE
  • Year Built: 1949
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex
  • Attribution Contact: (702) 715-8902
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1949

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 2
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Oven, Range, Refrigerator, Range Hood, Washer
  • Flooring: Luxury Vinyl, Luxury VinylPlank, Tile
  • Interior Amenities: None
  • Living Area: 1117.0

Exterior Features

  • Construction Type: Stucco
  • Property Condition: Good Condition, Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Paved

Utilities

  • Cooling: Central Air, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Gas, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 4200.0

Condo/Co-op/Association

  • Association: No

Schools

Lot Info

  • Lot Size Sq Ft: 6534.0
  • Additional Parcels Description: ---
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 258000.0
  • Annual Operating Expense: 4870.0

Tax Info

  • Tax Annual Amount: 670.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2023
Closed on
Feb 1, 2024
Sold by
Mcgrew Kierre Marques
Bought by
Nucapital Investments Llc
Seller's Agent
Michael Copenhaver
Simply Vegas
Buyer's Agent
Admin Assistant
NON-MLS OFFICE
List Price
$300,000
Sold Price
$274,000
Premium/Discount to List
-$26,000
-8.67%
Views
109
Current Estimated Value
$301,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,520
Avg. Annual Appreciation
3.14%

Purchase Details

Listed on
Sep 26, 2022
Closed on
Dec 12, 2022
Sold by
Ridl Lisa
Bought by
Mcgrew Kierre Marques
Seller's Agent
Quinn DeCosta
Simply Vegas
Buyer's Agent
Michael Copenhaver
Simply Vegas
List Price
$297,000
Sold Price
$280,000
Premium/Discount to List
-$17,000
-5.72%
Views
77

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.06%
Original Mortgage
$274,928
Interest Rate
6.49%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 27, 2019
Closed on
Aug 16, 2019
Sold by
Ziad Llc
Bought by
Ridi Lisa
Seller's Agent
Michael Blonsky
Change Real Estate, LLC
Buyer's Agent
Bruce Williams
Rothwell Gornt Companies
List Price
$170,000
Sold Price
$165,000
Premium/Discount to List
-$5,000
-2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.72%

Purchase Details

Listed on
Jun 27, 2019
Closed on
Aug 15, 2019
Sold by
Garcia Jacqueline M
Bought by
Ridl Lisa
Seller's Agent
Michael Blonsky
Change Real Estate, LLC
Buyer's Agent
Bruce Williams
Rothwell Gornt Companies
List Price
$170,000
Sold Price
$165,000
Premium/Discount to List
-$5,000
-2.94%

Purchase Details

Closed on
Mar 31, 2014
Sold by
Haz2011 Llc
Bought by
Ziad Llc

Purchase Details

Closed on
May 16, 2013
Sold by
Phoenix Equity Properties Inc
Bought by
Haz2011 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.41%
Mortgage Type
Unknown

Purchase Details

Closed on
May 15, 2013
Sold by
Cassedy Pat
Bought by
Phoenix Equity Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.41%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 5, 2012
Sold by
Cassedy Mary
Bought by
Cassedy Pat
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
Nucapital Investments Llc $274,000 Stewart Title
Mcgrew Kierre Marques $280,000 Clear Title
Ridi Lisa $165,000 Ticortitle Las Vegas
Ridl Lisa -- Ticor Title Las Vegas
Ziad Llc $142,000 None Available
Haz2011 Llc $142,000 Nevada Title Las Vegas
Phoenix Equity Properties Inc $120,000 Nevada Title Las Vegas
Cassedy Pat -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcgrew Kierre Marques $274,928
Previous Owner Ziad Llc $350,000
Previous Owner Haz2011 Llc $70,000
Previous Owner Haz2011 Llc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2024 02/02/24 Sold $274,000 -8.7% $245 / Sq Ft
12/23/2023 12/23/23 For Sale $300,000 +7.1% $269 / Sq Ft
01/17/2023 01/17/23 Sold $280,000 -5.7% $251 / Sq Ft
11/14/2022 11/14/22 Pending -- -- --
09/26/2022 09/26/22 For Sale $297,000 +80.0% $266 / Sq Ft
08/16/2019 08/16/19 Sold $165,000 -2.9% $207 / Sq Ft
07/17/2019 07/17/19 Pending -- -- --
06/27/2019 06/27/19 For Sale $170,000 -- $213 / 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 $1,018 $36,741 $22,050 $14,691
2024 $670 $36,741 $22,050 $14,691
2023 $670 $34,290 $21,000 $13,290
2022 $621 $29,386 $17,500 $11,886
2021 $575 $27,163 $16,100 $11,063
2020 $531 $24,768 $14,000 $10,768
2019 $498 $24,348 $14,000 $10,348
2018 $475 $20,912 $11,200 $9,712
2017 $590 $20,120 $10,500 $9,620
2016 $446 $15,822 $6,300 $9,522
2015 $444 $14,654 $5,250 $9,404
2014 $430 $14,438 $5,250 $9,188
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2548621

Las Vegas REALTORS®

APN: 161-27-213-007