NOT LISTED FOR SALE

Estimated Value: $495,966 - $741,000

8 Beds
4 Baths
3,264 Sq Ft
$198/Sq Ft Est. Value

Last Sold August 22, 2016

Last sale price $187,900 $58 Per Sq Ft

Est. 244% increase in value since last sale

Current estimated payment $3,648/month

157 Days on Market

About This Home

As of August 2016

Nice four plex easy access to downtown and freeways. With 2 bedrooms and one bath units . Ready to move in condition.

Last Agent to Sell the Property

Pablo Covarrubias

United Realty Group License #B.0047882 Listed on: 02/16/2016

Last Buyer's Agent

Miguel Castillo

United Realty Group License #S.0041665

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,520

Year Built

  • Built in 1980

Lot Details

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

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,264 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Ceramic Tile

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 20 / 2

Community Details

Overview

  • 2 Units
  • Stewart Add Subdivision

Building Details

  • Maintenance Expense $200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,520

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • CapRate: 6.72
  • Subdivision Name: STEWART ADD
  • Directions: From Las Vegas Blvd and Bonanza Go East on Bonanza North on 10th St to property
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1980
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1980

Interior Features

  • Number Of Buildings: 1
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: None
  • Living Area: 3264.0

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 175.0

Condo/Co-op/Association

  • Amenities: None

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 6970.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 17100.0
  • Insurance Expense: 1600.0
  • Maintenance Expense: 200.0
  • Annual Operating Expense: 4000.0

Tax Info

  • Tax Annual Amount: 1520.0
  • Tax Block: 2
  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2020
Sold by
Oliva Victor M and Oliva Teresa Lepe
Bought by
Oliva Teresa Lepe and Oliva Victor M
Current Estimated Value
$646,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Outstanding Balance
$162,472
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$484,270

Purchase Details

Listed on
Feb 16, 2016
Closed on
Aug 11, 2016
Sold by
Laguna Alvaro and Laguna Alvaro
Bought by
Oliva Vietor M and Oliva Teresa Lepe
Seller's Agent
Pablo Covarrubias
United Realty Group
Buyer's Agent
Miguel Castillo
United Realty Group
List Price
$194,900
Sold Price
$187,900
Premium/Discount to List
-$7,000
-3.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.48%
Original Mortgage
$140,925
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 28, 2011
Closed on
Mar 12, 2012
Sold by
Flores Jesus
Bought by
Laguna Alvaro
Seller's Agent
Noe Pedroza
United Realty Group
Buyer's Agent
Maria Mojica
More Realty Incorporated
List Price
$74,999
Sold Price
$90,000
Premium/Discount to List
$15,001
20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.12%

Purchase Details

Closed on
Apr 30, 2006
Sold by
Rocha Adolfo
Bought by
Flores Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,600
Interest Rate
8.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 28, 2006
Sold by
Martinez Agustina
Bought by
Flores Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,600
Interest Rate
8.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 25, 2002
Sold by
Rocha Adolfa O
Bought by
Rocha Adolfo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,226
Interest Rate
6.86%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 23, 2001
Sold by
Rocha Estela
Bought by
Rocha Adolfo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,956
Interest Rate
6.92%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 11, 2001
Sold by
Park Theresa M
Bought by
Rocha Adolfa O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,956
Interest Rate
6.92%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 26, 1995
Sold by
Park Harry F and Park Theresa M
Bought by
Park Harry F and Park Theresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,886
Interest Rate
7.97%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Oliva Teresa Lepe -- Chicago Title Corporate C
Oliva Vietor M $187,900 Fidelity National Title
Laguna Alvaro -- Fidelity National Title
Laguna Alvaro $90,000 Noble Title
Flores Jesus $437,000 National Alliance Title
Flores Jesus -- National Alliance Title
Rocha Adolfo -- Fidelity National Title
Rocha Adolfo -- Stewart Title
Rocha Adolfa O $197,000 Stewart Title
Park Harry F -- United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oliva Teresa Lepe $183,000
Closed Oliva Vietor M $140,925
Previous Owner Flores Jesus $349,600
Previous Owner Rocha Adolfo $200,226
Previous Owner Rocha Adolfo $193,956
Previous Owner Park Harry F $108,886
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/22/2016 08/22/16 Sold $187,900 -3.6% $58 / Sq Ft
07/23/2016 07/23/16 Pending -- -- --
02/16/2016 02/16/16 For Sale $194,900 +116.6% $60 / Sq Ft
03/22/2012 03/22/12 Sold $90,000 +20.0% $28 / Sq Ft View Prior Sale
02/21/2012 02/21/12 Pending -- -- --
11/28/2011 11/28/11 For Sale $74,999 -- $23 / 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 $2,467 $84,197 $43,750 $40,447
2024 $2,285 $84,197 $43,750 $40,447
2023 $1,521 $84,206 $45,500 $38,706
2022 $2,116 $72,491 $35,000 $37,491
2021 $1,959 $66,004 $29,750 $36,254
2020 $1,816 $60,804 $23,800 $37,004
2019 $1,702 $59,659 $22,400 $37,259
2018 $1,624 $53,698 $17,220 $36,478
2017 $1,673 $51,041 $14,000 $37,041
2016 $1,521 $46,489 $7,700 $38,789
2015 $1,520 $44,906 $6,300 $38,606
2014 $1,473 $44,519 $6,300 $38,219
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1608523

Las Vegas REALTORS®

APN: 139-26-410-029