$420,000
SOLD APR 23, 2021

6937 Issac Ave Las Vegas, NV 89156

-- Bed
-- Bath
3,344 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$126 Per Sq Ft

6% Below List Price

49 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 August 2024

Rare multifamily opportunity with OWNER FINANCING available. 6937 Issac Avenue is a two story fourplex composed of four large 2-bedroom, 1-bath units situated on almost a large parcel within Sunrise Manor. Fourplex, 100% occupied. Located in a residential area within walking distance to public transportation, grocery stores, and gorgeous views of the Las Vegas valley. Buy w/ 2300 Mary Dee Ave North Las Vegas, NV 89030 to make an 8-unit portfolio with professional property management in place.

Last Agent to Sell the Property

Catherine Hyde

Simply Vegas License #S.0070366 Listed on: 02/02/2021

Simply Vegas

Last Buyer's Agent

Catherine Hyde

Simply Vegas License #S.0070366 Listed on: 02/02/2021

Simply Vegas

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,126

Year Built

  • Built in 1983

Lot Details

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

Home Design

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

Interior Spaces

  • 3,344 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Parking

  • Paved Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity, gas

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Sierra Sunrise Subdivision

Building Details

  • Maintenance Expense $1
  • Professional Management Expense $3,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,126

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • CapRate: 6.6
  • Professional Management Expense: 3840.0
  • Subdivision Name: Sierra Sunrise
  • Directions: Head east on Lake Mead Blvd from Hollywood Blvd Make a left on Radwick Dr Make a right on Tiffollo Lane Right on Exeter Drive Left on Issac Avenue
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1983
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1983

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Flooring: Ceramic Tile, Tile
  • Interior Amenities: None
  • Living Area: 3344.0

Exterior Features

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

Garage/Parking

  • Parking Features: Assigned, Paved

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 540.0

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, Gas

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 30000.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 1.0
  • Annual Operating Expense: 2600.0

Tax Info

  • Tax Annual Amount: 1126.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2023
Closed on
Aug 8, 2024
Sold by
Wu Hao and Shen Yang
Bought by
Fattal Eran
Seller's Agent
Jesus Martinez
Ohana Realty Group
Buyer's Agent
Jesus Martinez
Ohana Realty Group
List Price
$570,000
Sold Price
$430,000
Premium/Discount to List
-$140,000
-24.56%
Views
99
Current Estimated Value
$444,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,707
Avg. Annual Appreciation
3.87%

Purchase Details

Closed on
Jul 19, 2020
Sold by
Derbyshire Rowena T and Rowena Tuason Trust
Bought by
Wu Hao and Shen Yang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 9, 2019
Closed on
Jul 19, 2019
Sold by
Derbyshire Rowena T
Bought by
Derbyshire Rowena T and Rowena Tuason Trust
Seller's Agent
Edgar Velazquez
Compass Realty & Management
Buyer's Agent
Stefani Rivlin
LPT Realty, LLC
List Price
$308,000
Sold Price
$295,000
Premium/Discount to List
-$13,000
-4.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.03%

Purchase Details

Listed on
Jan 9, 2019
Closed on
Jun 13, 2019
Sold by
Velazquez Agustina
Bought by
Derbyshire Rowena
Seller's Agent
Edgar Velazquez
Compass Realty & Management
Buyer's Agent
Stefani Rivlin
LPT Realty, LLC
List Price
$308,000
Sold Price
$295,000
Premium/Discount to List
-$13,000
-4.22%

Purchase Details

Closed on
Feb 12, 2013
Sold by
Velazquez Aureliano
Bought by
Velazquez Agustina

Purchase Details

Closed on
May 12, 1997
Sold by
Cavalier Vincent J
Bought by
Velazquez Aureliano and Velazquez Agustina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
8.13%

Purchase Details

Closed on
May 17, 1996
Sold by
Keck Kenneth C
Bought by
Cavalier Ii Vincent J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,092
Interest Rate
7.97%
Mortgage Type
Seller Take Back
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 Type Sale Price Title Company
Bargain Sale Deed $430,000 Equity Title
Bargain Sale Deed $420,000 Clear Title Company
Interfamily Deed Transfer -- None Available
Bargain Sale Deed $295,000 Chicago Title Corporate C
Interfamily Deed Transfer -- Chicago Title Corporate C
Interfamily Deed Transfer -- None Available
Deed $160,000 Lawyers Title
Grant Deed $145,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $210,000 Commercial
Previous Owner $161,050 Credit Line Revolving
Previous Owner $129,000 Credit Line Revolving
Previous Owner $114,932 Unknown
Previous Owner $115,000 No Value Available
Previous Owner $23,092 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2024 08/12/24 Sold $430,000 -9.5% $129 / Sq Ft
07/31/2024 07/31/24 Pending -- -- --
07/24/2024 07/24/24 Price Changed $475,000 -4.8% $142 / Sq Ft
07/02/2024 07/02/24 Price Changed $499,000 -3.1% $149 / Sq Ft
06/14/2024 06/14/24 Price Changed $515,000 -2.8% $154 / Sq Ft
06/07/2024 06/07/24 Price Changed $530,000 -1.9% $158 / Sq Ft
05/24/2024 05/24/24 Price Changed $540,000 -5.3% $161 / Sq Ft
05/21/2024 05/21/24 For Sale $570,000 0.0% $170 / Sq Ft
04/05/2024 04/05/24 Off Market $570,000 -- --
04/04/2024 04/04/24 For Sale $570,000 0.0% $170 / Sq Ft
01/07/2024 01/07/24 Off Market $570,000 -- --
09/28/2023 09/28/23 For Sale $570,000 +35.7% $170 / Sq Ft
04/23/2021 04/23/21 Sold $420,000 -6.3% $126 / Sq Ft
03/24/2021 03/24/21 Pending -- -- --
02/02/2021 02/02/21 For Sale $448,000 +51.9% $134 / Sq Ft
06/14/2019 06/14/19 Sold $295,000 -4.2% $88 / Sq Ft
05/15/2019 05/15/19 Pending -- -- --
01/09/2019 01/09/19 For Sale $308,000 -- $92 / 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 $2,327 $96,345 $48,300 $48,045
2024 $2,193 $96,345 $48,300 $48,045
2023 $2,193 $90,312 $44,800 $45,512
2022 $2,068 $82,670 $38,850 $43,820
2021 $1,216 $74,740 $32,550 $42,190
2020 $1,126 $69,106 $26,250 $42,856
2019 $1,056 $66,811 $23,800 $43,011
2018 $1,007 $60,170 $18,200 $41,970
2017 $1,570 $53,520 $11,025 $42,495
2016 $944 $48,982 $10,500 $38,482
2015 $943 $39,127 $8,400 $30,727
2014 $914 $34,860 $8,400 $26,460
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jesus Martinez

    Ohana Realty Group

    4 in this area

    35 Total Sales

    Jesus Martinez
    Section Image
  • Catherine Hyde

    Seller's Agent in 2021

    Catherine Hyde

    Simply Vegas

    (702) 408-6455

    33 in this area

    131 Total Sales

    Catherine Hyde
    Section Image

  • E

    Seller's Agent in 2019

    Edgar Velazquez

    Compass Realty & Management

    (831) 402-7094

    7 Total Sales

    Edgar Velazquez
    Section Image

  • S

    Buyer's Agent in 2019

    Stefani Rivlin

    LPT Realty, LLC

    (702) 883-7221

    1 in this area

    11 Total Sales

    Stefani Rivlin
    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 2265940

Las Vegas REALTORS®

APN: 140-23-111-038

Nevada Clark County Las Vegas 89156

6937 Issac Ave, Las Vegas, NV

This home is located at 6937 Issac Ave, Las Vegas, NV 89156 and is currently priced at $420,000, approximately $125 per square foot. This property was built in 1983. 6937 Issac Ave is a home located in Clark County with nearby schools including Liliam Lujan Hickey Elementary School, Dr. William H. Bailey Middle School, and Sunrise Mountain High School.

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