NOT LISTED FOR SALE

Estimated Value: $460,672 - $788,000

2 Beds
2 Baths
3,892 Sq Ft
$177/Sq Ft Est. Value

Highlights

  • Main Floor Bedroom
  • Porch
  • Ceramic Tile Flooring
  • No HOA
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of November 2012

Fantastic 2BD 2BTH lower level unit of a fourplex located near W. Lake Mead & Jones in northwest LV. Fireplace in living room upon entry. Kitchen has breakfast bar, pantry, appliances, custom cabinets & laminate countertops. Bedrooms are carpeted. Common areas are tiled. Conveniently located near freeways & Best in the West Shopping Mall!

Last Agent to Rent the Property

Andrew Garcia

Rentmax Property Management License #S.0068150 Listed on: 08/08/2012

Last Renter's Agent

Andrew Garcia

Rentmax Property Management License #S.0068150 Listed on: 08/08/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,759

Year Built

  • Built in 1985

Lot Details

  • 7,405 Sq Ft Lot
  • Property is in good condition

Home Design

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

Interior Spaces

  • 3,892 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Blinds
  • Living Room with Fireplace

Kitchen

  • Electric Range
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Porch

Schools

  • Brinley J. Harold Middle School
  • Western High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Not Available

Listing and Financial Details

  • Property Available on 8/8/12
  • Tenant pays for electricity
  • 12 Month Lease Term

Community Details

Overview

  • No Home Owners Association
  • Sierra Oeste #2 Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,759

Year Built

Built in 1985

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity
  • Available Date: 2012-08-08

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.17
  • Subdivision Name: SIERRA OESTE #2
  • Directions: FROM LAKE MEAD AND JONES / WEST ON LAKE MEAD / LEFT (S) ON ARPA / RIGHT (W) ON ILANOS LANE
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built: 1985
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Electric Range, Electric Water Heater, Disposal, Refrigerator, Washer/Dryer, Washer/DryerAllInOne, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Electric, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Bedroom on Main Level
  • Window Features: Blinds

Exterior Features

  • Fencing: None
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • Construction Type: Frame, Stucco
  • Exterior Features: Porch
  • Patio And Porch Features: Porch
  • Property Condition: Good Condition
  • Roof: Composition, Shingle

Utilities

  • Laundry Features: Electric Dryer Hookup, Laundry Room
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Not Available, Underground Utilities

Condo/Co-op/Association

  • Amenities: None
  • Association: No
  • Pets Allowed: No

Schools

  • High School: Western
  • Middle Or Junior School: Brinley J. Harold

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 7405.0
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2014
Sold by
Amitin Daniel
Bought by
Zem Llc
Current Estimated Value
$688,418

Purchase Details

Closed on
Jun 6, 2012
Sold by
Newberry Danny and Newberry Christopher
Bought by
Amitin Daniel

Purchase Details

Closed on
May 18, 2011
Sold by
Safai Fereydoon and Safai Mahnaz
Bought by
Newberry Danny and Newberry Christopher

Purchase Details

Closed on
Mar 23, 2005
Sold by
Marcus Murray
Bought by
Safai Fereydoon and Safai Mahnaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,200
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 5, 2003
Sold by
Marcus Scott M
Bought by
Marcus Murray

Purchase Details

Closed on
Oct 26, 2000
Sold by
Marcus Barbara Leora
Bought by
Marcus Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,400
Interest Rate
7.41%

Purchase Details

Closed on
Mar 29, 1995
Sold by
Ortiz Eduardo C
Bought by
Ortiz Eduardo C and Ortiz Lucila

Purchase Details

Closed on
Oct 21, 1994
Sold by
Ortiz Eduardo C and Ortiz Lucila
Bought by
Ortiz Eduardo C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,536
Interest Rate
8.7%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 12, 1994
Sold by
Hud
Bought by
Ortiz Eduardo C and Enciso Agustin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,536
Interest Rate
8.7%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 18, 1994
Sold by
Fleet Mtg Corp
Bought by
Hud

Purchase Details

Closed on
May 18, 1994
Sold by
Mulligan James P
Bought by
Fleet Mtg Corp
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
Zem Llc $188,000 Noble Title
Amitin Daniel $155,000 Nevada Title Las Vegas
Newberry Danny $122,000 Lawyers Title Of Nevada Hen
Safai Fereydoon $409,000 Equity Title Of Nevada
Marcus Murray $24,500 --
Marcus Scott -- Old Republic Title Company
Marcus Murray $233,000 Old Republic Title Company
Ortiz Eduardo C -- --
Ortiz Eduardo C -- --
Ortiz Eduardo C -- Land Title
Ortiz Eduardo C -- Land Title
Hud -- First American Title Company
Fleet Mtg Corp $149,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Safai Fereydoon $327,200
Previous Owner Marcus Scott $186,400
Previous Owner Ortiz Eduardo C $167,536
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2012 11/19/12 Rented $595 +8.2% --
10/20/2012 10/20/12 Under Contract -- -- --
08/08/2012 08/08/12 For Rent $550 -- --
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 $2,759 $117,041 $54,950 $62,091
2024 $2,555 $117,041 $54,950 $62,091
2023 $2,555 $106,008 $47,600 $58,408
2022 $2,366 $98,030 $42,000 $56,030
2021 $2,191 $86,724 $32,900 $53,824
2020 $2,031 $85,137 $30,800 $54,337
2019 $1,904 $83,921 $29,400 $54,521
2018 $1,817 $79,802 $26,600 $53,202
2017 $2,361 $72,030 $18,375 $53,655
2016 $1,701 $63,888 $15,400 $48,488
2015 $1,697 $59,849 $14,000 $45,849
2014 $1,644 $49,910 $11,200 $38,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1274368

Las Vegas REALTORS®

APN: 138-23-711-020