NOT LISTED FOR SALE

6965 Issac Ave Las Vegas, NV 89156

Estimated Value: $332,723 - $700,000

8 Beds
8 Baths
4,080 Sq Ft
$144/Sq Ft Est. Value

Last Sold March 29, 2013

Last sale price $111,000 $27 Per Sq Ft

Est. 431% increase in value since last sale

Current estimated payment $3,218/month

117 Days on Market

Highlights

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

About This Home

As of March 2013

Great fourplex by Lake Mead near the mountains. 2 Units already rented, priced to sell!

Last Agent to Sell the Property

Brandy White Elk

Innovative Real Estate Strateg License #B.0009698 Listed on: 10/28/2012

Last Buyer's Agent

Michelle Meyers

Virtue Real Estate Group License #S.0169105

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $799

Year Built

  • Built in 1984

Lot Details

  • 6,970 Sq Ft Lot
  • Property is in below average condition

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 4,080 Sq Ft Home
  • 2-Story Property
  • Blinds

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 9 / 6

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Sierra Sunrise Unit 5B Subdivision

Pet Policy

  • No Pets Allowed

Building Details

  • Maintenance Expense $100
  • Professional Management Expense $80

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$799

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • CapRate: 20.39
  • Professional Management Expense: 80.0
  • Subdivision Name: SIERRA SUNRISE UNIT 5B
  • Directions: From Lake Mead and Nellis, continue East on Lake Mead, left on Radwick, right on Kilgore, left on Exeter, and right on to Issac.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1984
  • Special Features: 12
  • Stories: 2
  • Year Built: 1984

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Window Treatments
  • Living Area: 4080.0
  • Window Features: Blinds

Exterior Features

  • Construction Type: Block, Stucco
  • Property Condition: Poor Condition, Resale
  • Roof: Flat

Garage/Parking

  • 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: 540.0

Condo/Co-op/Association

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

Schools

Lot Info

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

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 26472.0
  • Insurance Expense: 1400.0
  • Maintenance Expense: 100.0
  • Annual Operating Expense: 6084.0

Tax Info

  • Tax Annual Amount: 799.0
  • Tax Block: 6
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2022
Sold by
Mezei Orfescu Suzanne
Bought by
Suzanne Mezei Living Trust
Current Estimated Value
$589,181

Purchase Details

Listed on
Oct 28, 2012
Closed on
Mar 19, 2013
Sold by
Orfescu Cristian
Bought by
Orfescu Suzanne Mezei
Seller's Agent
Brandy White Elk
Innovative Real Estate Strateg
Buyer's Agent
Michelle Meyers
Virtue Real Estate Group
List Price
$100,000
Sold Price
$111,000
Premium/Discount to List
$11,000
11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.09%

Purchase Details

Listed on
Oct 28, 2012
Closed on
Mar 17, 2013
Sold by
Ricard Ron and Ricard Ronald J
Bought by
Orfescu Suzanne Mezei
Seller's Agent
Brandy White Elk
Innovative Real Estate Strateg
Buyer's Agent
Michelle Meyers
Virtue Real Estate Group
List Price
$100,000
Sold Price
$111,000
Premium/Discount to List
$11,000
11%

Purchase Details

Closed on
Mar 26, 2004
Sold by
Ricard Mona Lisa
Bought by
Ricard Ronald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
4.75%

Purchase Details

Closed on
Feb 11, 2004
Sold by
Valencia Saul B and Barajas Juan Manuel
Bought by
Ricard Ron and Starkman Bruce J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
4.75%

Purchase Details

Closed on
Mar 9, 2000
Sold by
Ks Nevada Inc
Bought by
Valencia Saul B and Barajas Juan Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,671
Interest Rate
8.21%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 28, 1999
Sold by
California Federal Bank Fsb
Bought by
Ks Nevada Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.76%

Purchase Details

Closed on
May 26, 1998
Sold by
Llamas Cecilia and Llamas Dennis
Bought by
California Federal Bank Fsb and California Fsla
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Suzanne Mezei Living Trust -- None Listed On Document
Orfescu Suzanne Mezei -- Chicago Title Las Vegas
Orfescu Suzanne Mezei $111,000 Chicago Title Las Vegas
Ricard Ronald J -- Fidelity National Title
Ricard Ron $285,000 Fidelity National Title
Valencia Saul B $200,000 First American Title Co
Ks Nevada Inc $130,000 Stewart Title
California Federal Bank Fsb $138,114 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ricard Ron $228,000
Previous Owner Valencia Saul B $198,671
Previous Owner Ks Nevada Inc $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2013 03/29/13 Sold $111,000 +11.0% $27 / Sq Ft
02/27/2013 02/27/13 Pending -- -- --
11/01/2012 11/01/12 For Sale $100,000 -- $25 / 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 $1,279 $107,646 $48,300 $59,346
2024 $1,185 $107,646 $48,300 $59,346
2023 $1,185 $100,723 $44,800 $55,923
2022 $1,098 $92,647 $38,850 $53,797
2021 $1,017 $84,313 $32,550 $51,763
2020 $941 $78,573 $26,250 $52,323
2019 $882 $76,337 $23,800 $52,537
2018 $842 $69,517 $18,200 $51,317
2017 $1,839 $62,697 $11,025 $51,672
2016 $789 $57,273 $10,500 $46,773
2015 $788 $45,702 $8,400 $37,302
2014 $764 $40,500 $8,400 $32,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1297596

Las Vegas REALTORS®

APN: 140-23-111-036