NOT LISTED FOR SALE

Estimated Value: $620,000 - $727,000

8 Beds
4 Baths
3,356 Sq Ft
$197/Sq Ft Est. Value

Last Sold October 12, 2021

Last sale price $477,000 $142 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,719/month

24 Days on Market

Highlights

  • High Efficiency Air Conditioning
  • Landscaped
  • Central Heating
  • Tile Flooring

About This Home

As of October 2021

Fully rented four-plex with long term tenants in place. All tenants pay on time. Property has been upgraded with all new sewage lines, roof is 2 years old, tile in all units. Two units have new water heaters. One unit has new A/C and fully upgraded interior. Exterior upgrades have also been made by current owners. No HOA. One parking space per unit included.

Last Agent to Sell the Property

Lisa Lavelle

Rustic Elegance Nevada Living License #S.0174494 Listed on: 08/18/2021

Last Buyer's Agent

De'Jah Brown

Signature Real Estate Group License #S.0179336

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,107

Year Built

  • Built in 1961

Lot Details

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

Home Design

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

Interior Spaces

  • 3,356 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Kitchen

  • Oven
  • Range

Utilities

  • High Efficiency Air Conditioning
  • Central Heating
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 4 Units
  • Stewart Add Subdivision

Building Details

  • Maintenance Expense $1,700
  • Professional Management Expense $5,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,107

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Professional Management Expense: 5500.0
  • Subdivision Name: Stewart Add
  • Directions: 95 freeway to Las Vegas Blvd. Go north to Bonanza - right. Left on 11th St.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1961
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2
  • Year Built: 1961

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Water Heater, Oven, Range, Refrigerator
  • Flooring: Tile
  • Interior Amenities: None
  • Living Area: 3356.0

Exterior Features

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

Utilities

  • Cooling: High Efficiency
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 800.0

Condo/Co-op/Association

  • Amenities: Landscaping

Lot Info

  • Lot Size Sq Ft: 6970.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4
  • Maintenance Expense: 1700.0
  • Annual Operating Expense: 8700.0

Tax Info

  • Tax Annual Amount: 1107.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Oct 8, 2021
Sold by
J & D Mortgage Solution Llc
Bought by
Irving Melvin D
Seller's Agent
Lisa Lavelle
Rustic Elegance Nevada Living
Buyer's Agent
De'Jah Brown
Signature Real Estate Group
List Price
$524,990
Sold Price
$477,000
Premium/Discount to List
-$47,990
-9.14%
Current Estimated Value
$659,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,667
Avg. Annual Appreciation
8.81%
Original Mortgage
$357,750
Outstanding Balance
$327,647
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$332,020

Purchase Details

Closed on
Mar 7, 2018
Sold by
Ly Mov and Ly Liezel
Bought by
J & D Mortgage Solution Llc

Purchase Details

Listed on
Nov 17, 2017
Closed on
Dec 2, 2017
Sold by
Lim Randy
Bought by
Ly Mov and Ly Liezel
Seller's Agent
Krystal Sherry
Las Vegas Realty LLC
Buyer's Agent
Ileana Galindo
Western Realty
List Price
$220,000
Sold Price
$220,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.33%

Purchase Details

Listed on
Nov 19, 2016
Closed on
Jan 5, 2017
Sold by
City Revelopment Llc
Bought by
Lim Randy
Seller's Agent
Jonathan Wells
King Realty Group
Buyer's Agent
Billy Alt
Real Broker LLC
List Price
$199,900
Sold Price
$215,000
Premium/Discount to List
$15,100
7.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.59%
Original Mortgage
$161,250
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2011
Sold by
Hsbc Bank Usa National Association
Bought by
City Redevelopment Llc

Purchase Details

Closed on
Jun 8, 2011
Sold by
Bautista Odilon and Bautista Patrocinia
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Jun 28, 2004
Sold by
Valdivia Elizabeth and Valdivia Nancy
Bought by
Bautista Odilon and Bautista Patrocinia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,751
Interest Rate
6.27%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 30, 2003
Sold by
Estes Vi St Louis A and Estes Dolores Marie
Bought by
Valdivia Elizabeth and Valdivia Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,678
Interest Rate
5.81%
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
Irving Melvin D $477,000 Ticor Title Las Vegas Sum
J & D Mortgage Solution Llc -- None Available
Ly Mov $220,000 Natl Title Co
Lim Randy -- National Title Agency
Lim Randy $215,000 National Title Co
City Redevelopment Llc $45,000 Chicago Title The Pointe
Hsbc Bank Usa National Association $44,800 Accommodation
Bautista Odilon $275,000 Fidelity National Title
Valdivia Elizabeth $215,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Irving Melvin D $357,750
Previous Owner Lim Randy $161,250
Previous Owner Bautista Odilon $300,000
Previous Owner Bautista Odilon $37,500
Previous Owner Bautista Odilon $337,500
Previous Owner Bautista Odilon $270,751
Previous Owner Valdivia Elizabeth $211,678
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2021 10/12/21 Sold $477,000 -9.1% $142 / Sq Ft
09/12/2021 09/12/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $524,990 +138.6% $156 / Sq Ft
12/04/2017 12/04/17 Sold $220,000 0.0% $66 / Sq Ft
11/17/2017 11/17/17 For Sale $220,000 +2.3% $66 / Sq Ft
01/11/2017 01/11/17 Sold $215,000 +7.6% $64 / Sq Ft
12/12/2016 12/12/16 Pending -- -- --
11/19/2016 11/19/16 For Sale $199,900 -- $60 / 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 $1,505 $77,171 $43,750 $33,421
2024 $1,394 $77,171 $43,750 $33,421
2023 $928 $74,764 $45,500 $29,264
2022 $1,291 $62,193 $35,000 $27,193
2021 $1,196 $55,020 $29,750 $25,270
2020 $1,107 $48,583 $23,800 $24,783
2019 $1,038 $46,475 $22,400 $24,075
2018 $990 $39,986 $17,220 $22,766
2017 $1,188 $36,245 $14,000 $22,245
2016 $928 $29,502 $7,700 $21,802
2015 $925 $27,321 $6,300 $21,021
2014 $896 $26,725 $6,300 $20,425
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2325278

Las Vegas REALTORS®

APN: 139-26-410-087