NOT LISTED FOR SALE

Estimated Value: $537,000 - $636,000

8 Beds
4 Baths
3,200 Sq Ft
$184/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $541,960 $169 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,202/month

109 Days on Market

Highlights

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

About This Home

As of July 2023

PERFECT INVESTOR SPECIAL ALL 4 UNITS ARE 2 BEDROOM 1 BATH: CLOSE TO THE STRIP / UNLV / SHOPPING / SHOOLS / MALL AND AIRPORT

Last Agent to Sell the Property

Artur Terabelian

Genesis Realty Group Brokerage Phone: 702-257-9595 License #B.0060225 Listed on: 02/27/2023

Last Buyer's Agent

Morin Morim

Easy Street Realty Las Vegas License #S.0197728

Easy Street Realty Las Vegas

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,176

Year Built

  • Built in 1961

Lot Details

  • 6,970 Sq Ft Lot
  • Property is in average condition

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Ceramic Tile Flooring

Kitchen

  • Oven
  • Range

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Stewart Add Subdivision

Building Details

  • Professional Management Expense $2,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,176

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • CapRate: 7.5
  • Professional Management Expense: 2400.0
  • Subdivision Name: Stewart Add
  • Directions: I-95 EXIT ON LAS VEGAS BLVD TO BONANZA TO 11ST ST. NORTH TO THE PROPERTY.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1961
  • ResoPropertyType: Residential
  • Attribution Contact: 702-257-9595
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1961

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Appliances: Oven, Range, Refrigerator
  • Flooring: Ceramic Tile
  • Living Area: 3200.0
  • Window Features: Blinds

Exterior Features

  • Construction Type: Wood Frame
  • Property Condition: Average Condition, Resale
  • Roof: Composition, Flat, Shingle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 1600.0

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Schools

Lot Info

  • Lot Size Sq Ft: 6970.0
  • Additional Parcels Description: ---
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 42244.0
  • Annual Operating Expense: 5576.0

Tax Info

  • Tax Annual Amount: 1176.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2023
Closed on
Jul 11, 2023
Sold by
Rtlc Llc
Bought by
Morim Morin Zaray and Morim Ashkan
Seller's Agent
Artur Terabelian
Genesis Realty Group
Buyer's Agent
Morin Morim
Easy Street Realty Las Vegas
List Price
$549,000
Sold Price
$541,960
Premium/Discount to List
-$7,040
-1.28%
Views
136
Current Estimated Value
$564,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,125
Avg. Annual Appreciation
0.86%
Original Mortgage
$370,000
Outstanding Balance
$362,973
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$188,678

Purchase Details

Closed on
Jul 18, 2022
Sold by
Tim Chen
Bought by
Rtlc Llc

Purchase Details

Listed on
Dec 21, 2021
Closed on
Feb 25, 2022
Sold by
Pasi and Chitralekha
Bought by
Chen Tim
Seller's Agent
Derek Moellinger
Vice Realty
Buyer's Agent
Artur Terabelian
Genesis Realty Group
List Price
$520,000
Sold Price
$500,000
Premium/Discount to List
-$20,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.89%
Original Mortgage
$351,157
Interest Rate
3.92%
Mortgage Type
Balloon

Purchase Details

Listed on
Jul 30, 2020
Closed on
Sep 29, 2020
Sold by
Cancun Llc
Bought by
Pasi Prabhakar and Pasi Chitralekha
Seller's Agent
Paul Macaluso
Simply Vegas
Buyer's Agent
Paul Macaluso
Simply Vegas
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.30%
Original Mortgage
$225,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2018
Sold by
Galeana Llc
Bought by
Cancun Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
4.43%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 3, 2012
Closed on
Nov 14, 2012
Sold by
Nationstar Mortgage Llc
Bought by
Orozco Adolfo
Seller's Agent
Yenory Thorbourne-Orange
Prosperity Realty Global Enter
Buyer's Agent
Yenory Thorbourne-Orange
Prosperity Realty Global Enter
List Price
$49,900
Sold Price
$62,000
Premium/Discount to List
$12,100
24.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.80%

Purchase Details

Closed on
Sep 5, 2012
Sold by
Galaviz Fraciano and Galaviz Marina
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Apr 28, 2004
Sold by
Saucedo Lazaro
Bought by
Galaviz Graciano and Galaviz Marina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,200
Interest Rate
4.07%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 21, 1998
Sold by
Diaz Froylan Arreola and Orosco Miguel
Bought by
Saucedo Lazaro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,368
Interest Rate
6.61%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 22, 1996
Sold by
Globus Leticia and Rosano Marcelina S
Bought by
Diaz Froylan Arreola and Orosco Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,542
Interest Rate
7.88%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Morim Morin Zaray $520,000 Ticor Title
Rtlc Llc -- None Listed On Document
Chen Tim $500,000 Ticor Title
Pasi Prabhakar $300,000 Fidelity National Title
Cancun Llc $1,219,690 Os National Title
Orozco Adolfo $62,000 None Available
Nationstar Mortgage Llc $265,033 Accomodation Only
Galaviz Graciano $214,000 Fidelity National Title
Saucedo Lazaro $151,000 Fidelity National Title
Diaz Froylan Arreola $143,500 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morim Morin Zaray $370,000
Previous Owner Chen Tim $351,157
Previous Owner Chen Tim $351,768
Previous Owner Pasi Prabhakar $225,000
Previous Owner Cancun Llc $1,600,000
Previous Owner Cancun Llc $1,600,000
Previous Owner Las Vegas Dragon Hotel Llc $350,000
Previous Owner Galaviz Graciano $290,500
Previous Owner Galaviz Graciano $171,200
Previous Owner Saucedo Lazaro $130,368
Previous Owner Diaz Froylan Arreola $140,542
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2023 07/14/23 Sold $541,960 -1.3% $169 / Sq Ft
06/16/2023 06/16/23 Pending -- -- --
06/05/2023 06/05/23 For Sale $549,000 0.0% $172 / Sq Ft
04/07/2023 04/07/23 Pending -- -- --
02/27/2023 02/27/23 For Sale $549,000 +9.8% $172 / Sq Ft
03/03/2022 03/03/22 Sold $500,000 -3.8% $156 / Sq Ft
02/01/2022 02/01/22 Pending -- -- --
12/21/2021 12/21/21 For Sale $520,000 +73.3% $163 / Sq Ft
10/02/2020 10/02/20 Sold $300,000 -7.7% $94 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $325,000 +424.2% $102 / Sq Ft
12/06/2012 12/06/12 Sold $62,000 +24.2% $19 / Sq Ft
11/06/2012 11/06/12 Pending -- -- --
10/03/2012 10/03/12 For Sale $49,900 -- $16 / 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 $1,370 $73,154 $43,750 $29,404
2024 $1,270 $73,154 $43,750 $29,404
2023 $1,270 $71,260 $45,500 $25,760
2022 $1,176 $58,950 $35,000 $23,950
2021 $1,089 $52,006 $29,750 $22,256
2020 $1,008 $45,676 $23,800 $21,876
2019 $945 $43,629 $22,400 $21,229
2018 $902 $37,265 $17,220 $20,045
2017 $1,104 $33,669 $14,000 $19,669
2016 $1,879 $27,046 $7,700 $19,346
2015 $1,894 $24,973 $6,300 $18,673
2014 $2,474 $24,153 $6,300 $17,853
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 2477332

Las Vegas REALTORS®

APN: 139-26-410-098