NOT LISTED FOR SALE

758 Cedar St Unit 758 1/2 Cedar St Elko, NV 89801

Estimated Value: $227,000 - $283,000

2 Beds
1 Bath
1,198 Sq Ft
$219/Sq Ft Est. Value

Last Sold December 08, 2023

Last sale price $210,000 $175 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,535/month

173 Days on Market

Highlights

  • Wood Flooring
  • Brick or Stone Mason
  • Property is Fully Fenced
  • Wood Frame Window
  • Landscaped
  • Heating System Uses Natural Gas

About This Home

As of December 2023

Welcome to this investment property located in the heart of Elko, the Tree Streets. 2 homes on one lot! Homes are close to Elko High School, GBC, the Fairgrounds, the sports fields, and downtown Elko. Property is sold as is. It has good structural integrity and bones. The electrical, heating, A/C, water, and plumbing are all in functioning order. Recently, seller has replaced several windows, touched up walls and painted. Add carpet, laminate floor or put some elbow grease in current floors and it's ready., The main floor has the main bedroom, a full bathroom, a family room, a dining room, and then the kitchen, add a wall and make it 2 bedrooms upstairs. Then downstairs has another bedroom, a family room, and lastly a laundry room, plus a storage area. There is a mud room heading out to the back yard, where there is great alley access. The tiny back house is livable right away and in great shape, with a small family room/ kitchen, then a one bedroom and a bathroom.So with a little hard work this can be flipped into a gem.

Last Agent to Sell the Property

Dawn Bear

Allie Bear Real Estate License #BS.143221 Listed on: 05/31/2023

Last Buyer's Agent

Non MLS Agent

Non MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $714

Year Built

  • Built in 1940

Lot Details

  • 5,227 Sq Ft Lot
  • Property is Fully Fenced
  • Landscaped
  • Manual Sprinklers System

Home Design

  • Duplex
  • Brick or Stone Mason
  • Slab Foundation
  • Frame Construction
  • Pitched Roof
  • Asphalt Roof
  • Metal Siding

Interior Spaces

  • 1,198 Sq Ft Home
  • 2-Story Property
  • Wood Frame Window
  • Washer Hookup

Flooring

  • Wood
  • Concrete
  • Vinyl

Parking

  • 5 Parking Spaces
  • Alley Access

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for all utilities
  • Assessor Parcel Number 001182002

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • No Laundry Facilities

Building Details

  • Vacancy Allowance $6
  • Net Operating Income $14,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$714

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Year Built: 1940
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Road Frontage Type: Public
  • Co List Office Mls Id: 9407-o
  • Co List Office Phone: 775-738-8535
  • Directions: 7th St
  • Special Features: None

Interior Features

  • Flooring: Concrete, Varies, Vinyl, Wood
  • Number Of Buildings: 2
  • Other Equipment: Varies By Unit
  • Owner Pays: All Utilities
  • Window Features: Wood Frames, Varies

Exterior Features

  • Roof: Asphalt, Pitched
  • Stories: 2
  • Construction Type: Brick, Frame, Metal Siding
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Alley Access, None

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available, Varies By Unit
  • Water Source: Public
  • Laundry Features: Washer Hookup, None
  • Cooling: Varies By Unit
  • Heating Yn: Yes
  • Sewer: Public Sewer

Lot Info

  • Parcel Number: 001182002
  • Fencing: Full
  • Lot Size Sq Ft: 5227.2
  • Zoning: 2 UNITS ANY COMBINATION

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Scheduled Income: 16800.0
  • Number Of Units Total: 2
  • Income And Expenses Vacancy Allowance: 6
  • Income And Expenses Vacancy Allowance: 6

Tax Info

  • Tax Annual Amount: 714.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2023
Closed on
Nov 28, 2023
Sold by
Wright John M and Wright Merrily B
Bought by
Lara Sergio Nunez and Nunez Maria Dejesus
Seller's Agent
Dawn Bear
Allie Bear Real Estate
Buyer's Agent
Non MLS Agent
Non MLS Office
List Price
$275,000
Sold Price
$210,000
Premium/Discount to List
-$65,000
-23.64%
Views
163
Current Estimated Value
$262,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,752
Avg. Annual Appreciation
15.77%
Original Mortgage
$168,000
Outstanding Balance
$159,598
Interest Rate
5.93%
Mortgage Type
Credit Line Revolving
Estimated Equity
$103,154
Source: Public Records

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Range of Values:

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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
Lara Sergio Nunez $210,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nunez Lara Sergio $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2023 12/08/23 Sold $210,000 0.0% $175 / Sq Ft
11/30/2023 11/30/23 Off Market $210,000 -- --
11/19/2023 11/19/23 Pending -- -- --
10/28/2023 10/28/23 Price Changed $239,000 -2.4% $199 / Sq Ft
07/19/2023 07/19/23 Price Changed $245,000 -10.9% $205 / Sq Ft
05/30/2023 05/30/23 For Sale $275,000 -- $230 / Sq Ft
Source: Northern Nevada Regional MLS

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
2024 $847 $26,482 $6,615 $19,867
2023 $736 $24,727 $6,615 $18,112
2022 $714 $21,548 $6,615 $14,933
2021 $694 $20,852 $6,615 $14,237
2020 $673 $20,718 $6,615 $14,103
2019 $653 $19,903 $6,615 $13,288
2018 $634 $19,585 $6,615 $12,970
2017 $615 $19,317 $6,615 $12,702
2016 $598 $18,489 $6,615 $11,874
2015 $579 $18,281 $6,615 $11,666
2014 $563 $17,676 $6,615 $11,061
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 230005584

Northern Nevada Regional MLS

APN: 001-182-002