NOT LISTED FOR SALE

6984 Appleton Dr Las Vegas, NV 89156

Estimated Value: $519,933 - $735,000

8 Beds
8 Baths
3,692 Sq Ft
$173/Sq Ft Est. Value

Last Sold August 31, 2017

Last sale price $258,000 $70 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $3,536/month

69 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Ceramic Tile Flooring
  • Balcony
  • Storage
  • Central Heating and Cooling System

About This Home

As of August 2017

Great investment opportunity - highest rents in area with 100% occupied and all long term leases. All units are 2 bdrm/2 bath with wood burning fireplace, refrigerator & washer & dryer in each unit. Units have been well maintained. Strong demand area - vacancies fill up quickly. Plenty of parking - both on street & parking area. Shopping, schools & bus lines nearby.

Last Agent to Sell the Property

Demetria Kalfas-Gordon

Hive Real Estate Group License #B.0145387 Listed on: 05/23/2017

Last Buyer's Agent

Mike Tran

Simply Vegas License #S.0175572

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,051

Year Built

  • Built in 1983

Lot Details

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

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 3,692 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Storage

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • Paved Parking

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Sierra Sunrise #05B Subdivision

Building Details

  • Maintenance Expense $2,100
  • Professional Management Expense $2,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,051

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • CapRate: 8.8
  • Professional Management Expense: 2500.0
  • Subdivision Name: SIERRA SUNRISE #05B
  • Directions: From Lk Mead & Hollywood, East on Lake Mead, N on Radwick, East on Tiffolio, N on Exeter, E on Appleton - property on left.
  • 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

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Oven, Range, Refrigerator, Range Hood, Washer
  • Flooring: Carpet, Ceramic Tile, Other
  • Interior Amenities: Storage
  • Window Features: Blinds

Exterior Features

  • Construction Type: Stucco
  • Patio And Porch Features: Balcony
  • Property Condition: Good Condition, Resale
  • Roof: Flat

Garage/Parking

  • Parking Features: Paved
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Laundry Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 2182.0

Condo/Co-op/Association

  • Amenities: Cable TV
  • Association: No

Lot Info

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

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 31800.0
  • Maintenance Expense: 2100.0
  • Annual Operating Expense: 8498.0

Tax Info

  • Tax Annual Amount: 1051.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2017
Sold by
Saarinen Margaret
Bought by
Davila Johel and Ngau Linda
Current Estimated Value
$637,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 1, 2014
Closed on
Dec 17, 2014
Sold by
Venture First Las Vegas Llc
Bought by
Saarinen Margaret
Seller's Agent
Barbara Jefferson
Wardley Real Estate
Buyer's Agent
Debra Elvena
LPT Realty LLC
List Price
$179,900
Sold Price
$166,000
Premium/Discount to List
-$13,900
-7.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.38%
Original Mortgage
$124,500
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2011
Sold by
Focus Lv Llc
Bought by
Newton Ii Donald N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,750
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2010
Sold by
Vazquez Alejandro
Bought by
Focus Lv Llc

Purchase Details

Closed on
Jul 30, 2003
Sold by
Nollette Lolita Uy
Bought by
Vazquez Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6%
Mortgage Type
Unknown
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
Davila Johel $258,000 Equity Title Of Nevada
Saarinen Margaret $166,000 National Title Co
Newton Ii Donald N $115,000 Fidelity National Title Las
Focus Lv Llc $70,200 National Title Company
Vazquez Alejandro $240,000 Stewart Title Of Nevada
Nollette Lolita Uy $240,000 Stewart Title Of Nevada
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davila Johel $172,500
Previous Owner Saarinen Margaret $124,500
Previous Owner Newton Ii Donald N $84,750
Previous Owner Vazquez Alejandro $216,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2017 08/31/17 Sold $258,000 -2.6% $70 / Sq Ft
08/01/2017 08/01/17 Pending -- -- --
05/23/2017 05/23/17 For Sale $265,000 +59.6% $72 / Sq Ft
01/21/2015 01/21/15 Sold $166,000 -7.7% $45 / Sq Ft View Prior Sale
12/22/2014 12/22/14 Pending -- -- --
02/01/2014 02/01/14 For Sale $179,900 +51.0% $49 / Sq Ft
10/19/2012 10/19/12 Sold $119,100 +0.1% $32 / Sq Ft View Prior Sale
09/19/2012 09/19/12 Pending -- -- --
09/07/2012 09/07/12 For Sale $119,000 -- $32 / 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 $1,704 $103,834 $48,300 $55,534
2024 $1,578 $103,834 $48,300 $55,534
2023 $1,578 $97,368 $44,800 $52,568
2022 $1,462 $89,400 $38,850 $50,550
2021 $1,354 $81,228 $32,550 $48,678
2020 $1,254 $75,521 $26,250 $49,271
2019 $1,175 $73,342 $23,800 $49,542
2018 $1,121 $66,622 $18,200 $48,422
2017 $1,758 $59,948 $11,025 $48,923
2016 $1,051 $54,850 $10,500 $44,350
2015 $1,048 $43,823 $8,400 $35,423
2014 $1,015 $38,862 $8,400 $30,462
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1899632

Las Vegas REALTORS®

APN: 140-23-111-008