NOT LISTED FOR SALE

Estimated Value: $544,000 - $780,000

8 Beds
8 Baths
3,559 Sq Ft
$180/Sq Ft Est. Value

Last Sold January 26, 2024

Last sale price $584,000 $164 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,589/month

14 Days on Market

Highlights

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

About This Home

As of January 2024

Very Well Maintained Four-Plex located near shopping centers, 95-Highway and Fremont St/Downtown Las Vegas..In good condition, perfect for an Investor. All Units are 2bed/2bath with washer/dryer hook up in each. No HOA..This is a must see !!

Last Agent to Sell the Property

Ryan Crighton

Rothwell Gornt Companies Brokerage Phone: 702-932-8813 License #BS.0000254 Listed on: 11/05/2023

Last Buyer's Agent

Brian Ferrel Ornelas

Advent Realty Elite License #S.0187266

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,904

Year Built

  • Built in 1983

Lot Details

  • 5,663 Sq Ft Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Pitched Roof

Interior Spaces

  • 3,559 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Tile

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4 Units
  • Tankels North Add Subdivision

Listing and Financial Details

  • Tenant pays for electricity

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,904

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Subdivision Name: Tankels North Add
  • Directions: North on Eastern, west on Bonanza to 12th St.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1983
  • ResoPropertyType: Residential
  • Attribution Contact: 702-932-8813
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1983

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Appliances: Refrigerator
  • Flooring: Carpet, Tile
  • Interior Amenities: None
  • Living Area: 3559.0

Exterior Features

  • Construction Type: Wood Frame
  • Property Condition: Good Condition, Resale
  • Roof: Pitched

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
  • Association: No

Schools

Lot Info

  • Lot Size Sq Ft: 5663.0
  • Additional Parcels Description: ---
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 6062.0

Tax Info

  • Tax Annual Amount: 1904.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2023
Closed on
Jan 24, 2024
Sold by
Casa Rosa Llc Series 3
Bought by
Maxwell Michael B and Maxwell Michael B
Seller's Agent
Ryan Crighton
Rothwell Gornt Companies
Buyer's Agent
Brian Ferrel Ornelas
Advent Realty Elite
List Price
$584,000
Sold Price
$584,000
Views
20
Current Estimated Value
$642,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,180
Avg. Annual Appreciation
5.75%
Original Mortgage
$454,000
Outstanding Balance
$446,055
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$196,125

Purchase Details

Listed on
Nov 5, 2023
Closed on
Jan 23, 2024
Sold by
Michael Maxwell Revocable Living Trust
Bought by
Ornelas Brian Ferrel
Seller's Agent
Ryan Crighton
Rothwell Gornt Companies
Buyer's Agent
Brian Ferrel Ornelas
Advent Realty Elite
List Price
$584,000
Sold Price
$584,000
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$454,000
Outstanding Balance
$446,055
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$196,125

Purchase Details

Closed on
Feb 24, 2022
Sold by
Michael Maxwell Revocable Living Trust
Bought by
Casa Rosa Llc Series 3

Purchase Details

Closed on
Nov 18, 2020
Sold by
Casa Rosa Llc Series 3
Bought by
Maxwell Michael B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,350
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2017
Sold by
Ramin Silvio J
Bought by
Maxwll Michael B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2014
Sold by
Larson Glen
Bought by
Ramin Silvio J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,750
Interest Rate
4.38%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 3, 2009
Sold by
Ainsworth Inc
Bought by
Glen Larson Living Trust
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
Maxwell Michael B -- Fidelity National Title
Ornelas Brian Ferrel $584,000 Fidelity National Title
Casa Rosa Llc Series 3 -- Law Offices Of Gary L Fales
Michael Maxwell Revocable Living Trust -- Law Offices Of Gary L Fales
Maxwell Michael B $131,000 Premium Title
Casa Rosa Llc Series 3 -- None Available
Michael Maxwell Revocable Living Trust -- None Listed On Document
Maxwll Michael B $205,000 Chicago Title Of Nevada
Ramin Silvio J $167,500 Chicago Title Of Nevada
Glen Larson Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ornelas Brian Ferrel $454,000
Previous Owner Maxwell Michael B $132,350
Previous Owner Maxwll Michael B $153,750
Previous Owner Ramin Silvio J $81,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2024 01/26/24 Sold $584,000 0.0% $164 / Sq Ft
11/19/2023 11/19/23 Pending -- -- --
11/05/2023 11/05/23 For Sale $584,000 -- $164 / 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 $2,056 $95,761 $42,000 $53,761
2024 $1,904 $95,761 $42,000 $53,761
2023 $1,904 $97,440 $46,550 $50,890
2022 $1,763 $86,779 $37,800 $48,979
2021 $1,633 $78,651 $31,500 $47,151
2020 $1,513 $75,804 $28,000 $47,804
2019 $1,418 $73,213 $25,200 $48,013
2018 $1,353 $65,107 $18,200 $46,907
2017 $1,946 $59,369 $11,900 $47,469
2016 $1,268 $59,206 $9,800 $49,406
2015 $1,267 $47,225 $7,000 $40,225
2014 $1,227 $51,174 $7,000 $44,174
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2539709

Las Vegas REALTORS®

APN: 139-26-412-014