NOT LISTED FOR SALE

Estimated Value: $723,000 - $835,000

8 Beds
8 Baths
4,244 Sq Ft
$179/Sq Ft Est. Value

Last Sold February 29, 2016

Last sale price $296,000 $70 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $4,370/month

26 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Property is in very good condition
  • Ceramic Tile Flooring

About This Home

As of February 2016

2 story 4plex with 2 bedrooms and 2 bathrooms . Each unit has a private laundry area. The best maintained property in the Area with a nice landscaping!!!

Last Agent to Sell the Property

Mia D'Alexis

Nationwide Realty LLC License #S.0169032 Listed on: 02/02/2016

Last Buyer's Agent

Max Zurflueh

Keller Williams MarketPlace License #BS.0144131

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,123

Year Built

  • Built in 1990

Lot Details

  • 8,276 Sq Ft Lot
  • Property is in very good condition

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,244 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • 8 Parking Spaces
  • Paved Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 10

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Sierra Oeste #2 Subdivision

Building Details

  • Maintenance Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,123

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • CapRate: 7.89
  • Subdivision Name: SIERRA OESTE #2
  • Directions: From West Lake Mead and H95, East on Lake Mead, South on Arpa, Next Right at Yerba
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1990
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2
  • Year Built: 1990

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Washer
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: None
  • Living Area: 4244.0

Exterior Features

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

Garage/Parking

  • Parking Features: Paved
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 450.0

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 8276.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 32076.0
  • Insurance Expense: 1328.0
  • Maintenance Expense: 1200.0
  • Annual Operating Expense: 8419.0

Tax Info

  • Tax Annual Amount: 2123.0
  • Tax Block: 0
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2016
Closed on
Feb 26, 2016
Sold by
Galvez Garcia Antonio
Bought by
Hewell Galen
Seller's Agent
Mia D'Alexis
Nationwide Realty LLC
Buyer's Agent
Max Zurflueh
Keller Williams MarketPlace
List Price
$299,900
Sold Price
$296,000
Premium/Discount to List
-$3,900
-1.3%
Current Estimated Value
$749,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$453,215
Avg. Annual Appreciation
10.01%

Purchase Details

Closed on
Apr 15, 2010
Sold by
Vegas Residential Llc
Bought by
Galvez Garcia Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,979
Interest Rate
4.92%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 15, 2009
Sold by
Steel Celles
Bought by
Vegas Residential Llc

Purchase Details

Closed on
Oct 8, 2004
Sold by
Shaffer Rollin E and Shaffer Margaret
Bought by
Steel Celles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 8, 2003
Sold by
Craig Michael K
Bought by
Shaffer Rollin E and Shaffer Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,821
Interest Rate
5.81%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 1, 1999
Sold by
Jackson Acnoite
Bought by
Craig Michael K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,193
Interest Rate
6.96%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 25, 1994
Sold by
Jackson Acnoite
Bought by
Jackson Acnoite

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.16%
Source: Public Records

Range of Values:

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Average Value
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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
Hewell Galen $296,000 First American Title Insuran
Galvez Garcia Antonio $222,000 Fidelity National Title
Vegas Residential Llc $118,000 None Available
Steel Celles -- Land Title Of Nevada
Shaffer Rollin E $340,000 Old Republic Title Co Of Ne
Craig Michael K $221,000 Old Republic Title Company
Jackson Acnoite -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Galvez Garcia Antonio $217,979
Previous Owner Steel Celles $435,200
Previous Owner Steel Celles $54,400
Previous Owner Steel Celles $390,000
Previous Owner Steel Celles $52,000
Previous Owner Steel Celles $364,000
Previous Owner Shaffer Rollin E $295,821
Previous Owner Craig Michael K $50,200
Previous Owner Craig Michael K $219,193
Previous Owner Jackson Acnoite $168,000
Closed Steel Celles $45,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2016 02/29/16 Sold $296,000 -1.3% $70 / Sq Ft
02/02/2016 02/02/16 For Sale $299,900 -- $71 / 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 $3,452 $138,879 $54,950 $83,929
2024 $3,197 $138,879 $54,950 $83,929
2023 $3,197 $125,641 $47,600 $78,041
2022 $2,960 $116,448 $42,000 $74,448
2021 $2,741 $104,163 $32,900 $71,263
2020 $2,542 $102,233 $30,800 $71,433
2019 $2,383 $100,771 $29,400 $71,371
2018 $2,274 $96,060 $26,600 $69,460
2017 $2,896 $88,333 $18,375 $69,958
2016 $2,129 $78,062 $15,400 $62,662
2015 $2,124 $73,066 $14,000 $59,066
2014 $2,058 $60,911 $11,200 $49,711
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1605003

Las Vegas REALTORS®

APN: 138-23-711-009