NOT LISTED FOR SALE

Estimated Value: $479,472 - $723,000

8 Beds
4 Baths
3,268 Sq Ft
$181/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $302,500 $93 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $3,325/month

86 Days on Market

Highlights

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

About This Home

As of November 2020

Multifamily portfolio consists of 3 individually parceled 4 plex buildings (610_621_625 N 11th St) buy 1 or 2 or 3 its up to you. All units are 2 bedroom 1 bathroom floor plans with an average rent of $695 which is below market. Current occupancy is 100%. The conditions of each building vary and all can be considered to be in fair. Great opportunity for good cash flowing property. Info packet available upon request.

Last Agent to Sell the Property

Paul Macaluso

Simply Vegas License #BS.0145166 Listed on: 07/30/2020

Simply Vegas

Last Buyer's Agent

Paul Macaluso

Simply Vegas License #BS.0145166 Listed on: 07/30/2020

Simply Vegas

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,035

Year Built

  • Built in 1961

Lot Details

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

Home Design

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

Interior Spaces

  • 3,268 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Kitchen

  • Oven
  • Range

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, rent only

Community Details

Overview

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

Building Details

  • Maintenance Expense $1,200
  • Professional Management Expense $3,336

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,035

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • CapRate: 7.25
  • Professional Management Expense: 3336.0
  • Subdivision Name: Stewart Add
  • Directions: I-95 Exit Las Vegas BLVD to Bonanza, East On Bonanza to N 11th St
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1961
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1961

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Appliances: Oven, Range, Refrigerator
  • Flooring: Tile
  • Interior Amenities: None
  • Living Area: 3268.0

Exterior Features

  • Construction Type: Stucco, Wood Frame
  • Property Condition: Good 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: 1851.0

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

Lot Info

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

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Electricity, Rent Only

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 33360.0
  • Insurance Expense: 1800.0
  • Maintenance Expense: 1200.0
  • Annual Operating Expense: 8780.0

Tax Info

  • Tax Annual Amount: 1035.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2024
Sold by
Calhoun Dionne Lamontt and Tran Amy D
Bought by
Cub Joy Llc
Current Estimated Value
$591,868

Purchase Details

Listed on
Jul 30, 2020
Closed on
Nov 12, 2020
Sold by
Cancun Llc
Bought by
Calhoun Dionne Lamontt and Tran Amy D
Seller's Agent
Paul Macaluso
Simply Vegas
Buyer's Agent
Paul Macaluso
Simply Vegas
List Price
$325,000
Sold Price
$302,500
Premium/Discount to List
-$22,500
-6.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.65%
Original Mortgage
$226,875
Interest Rate
2.8%
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

Closed on
Mar 19, 2015
Sold by
Orozco Adolfo
Bought by
Aguiler Erika Ayala

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Nov 28, 2012
Closed on
Dec 18, 2012
Sold by
Us Bank National Assn
Bought by
Elite Llc
Seller's Agent
George Cappello
Nationwide Realty LLC
Buyer's Agent
George Cappello
Nationwide Realty LLC
List Price
$49,900
Sold Price
$60,500
Premium/Discount to List
$10,600
21.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.17%

Purchase Details

Closed on
Sep 27, 2012
Sold by
Gutierrez Jose and Gutierrez Elva
Bought by
Us Bank Na

Purchase Details

Closed on
Sep 16, 2005
Sold by
Gutierrez Jose E
Bought by
Gutierrez Jose E and Gutierrez Elva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 28, 2003
Sold by
Gutierrez Elva
Bought by
Gutierrez Jose E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,800
Interest Rate
7.8%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 19, 2003
Sold by
Parker Eddie L and Parker Ariane M
Bought by
Gutierrez Jose E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,800
Interest Rate
7.8%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 13, 2001
Sold by
Sider Family Properties Lp
Bought by
Parker Eddie L and Parker Ariane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,700
Interest Rate
6.39%

Purchase Details

Closed on
Nov 16, 2001
Sold by
Acevedo Ventura Axel E and Osorio Edin R
Bought by
Sider Family Properties Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,700
Interest Rate
6.39%

Purchase Details

Closed on
Apr 13, 1998
Sold by
Barker James P
Bought by
Acevedo Ventura Axel E and Osorio Edin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,559
Interest Rate
7.05%
Mortgage Type
FHA
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
Cub Joy Llc -- None Listed On Document
Calhoun Dionne Lamontt $302,500 Old Republic Title Co Of Nv
Cancun Llc $1,219,690 Os National Title
Aguiler Erika Ayala -- Nevada Title Las Vegas
Aguiler Erika Ayala $168,737 Nevada Title Las Vegas
Elite Llc $60,500 First American Title Paseo
Us Bank Na $279,723 Lsi Title Agency Inc6
Gutierrez Jose E -- Equity Title Of Nevada
Gutierrez Jose E -- Fidelity National Title
Gutierrez Jose E $206,000 Fidelity National Title
Parker Eddie L $183,600 Nevada Title Company
Sider Family Properties Lp $140,263 Nevada Title Company
Acevedo Ventura Axel E $133,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Calhoun Dionne Lamontt $226,875
Previous Owner Cancun Llc $167,925
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 Aguiler Erika Ayala $140,000
Previous Owner Gutierrez Jose $245,000
Previous Owner Gutierrez Jose E $164,800
Previous Owner Parker Eddie L $137,700
Previous Owner Acevedo Ventura Axel E $131,559
Closed Gutierrez Jose E $30,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $302,500 -6.9% $93 / Sq Ft
10/25/2020 10/25/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $325,000 +437.2% $99 / Sq Ft
01/08/2013 01/08/13 Sold $60,500 +21.2% $19 / Sq Ft
12/09/2012 12/09/12 Pending -- -- --
11/28/2012 11/28/12 For Sale $49,900 -- $15 / 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 $1,501 $77,067 $43,750 $33,317
2024 $1,391 $77,067 $43,750 $33,317
2023 $1,930 $74,687 $45,500 $29,187
2022 $1,288 $62,111 $35,000 $27,111
2021 $1,193 $54,943 $29,750 $25,193
2020 $1,105 $48,510 $23,800 $24,710
2019 $1,035 $46,403 $22,400 $24,003
2018 $988 $39,917 $17,220 $22,697
2017 $1,186 $36,178 $14,000 $22,178
2016 $1,930 $29,425 $7,700 $21,725
2015 $1,974 $27,256 $6,300 $20,956
2014 $1,156 $26,656 $6,300 $20,356
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2216951

Las Vegas REALTORS®

APN: 139-26-410-064