NOT LISTED FOR SALE

Estimated Value: $558,000 - $734,000

9 Beds
5 Baths
3,100 Sq Ft
$206/Sq Ft Est. Value

Last Sold July 12, 2022

Last sale price $620,000 $200 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,691/month

46 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Ceiling Fan
  • Storage
  • Central Heating and Cooling System
  • Property is in very good condition

About This Home

As of July 2022

4 Plex very close to UNLV. All units occupied with lease in place. Every unit has been remodeled; new kitchens and improved bathrooms. All tile floors. Exterior has new paint. Great investment at 5.09% cap rate.

Last Agent to Sell the Property

Jason Delk

Bella Vegas Homes Realty License #B.1000742 Listed on: 04/26/2022

Last Buyer's Agent

Antonio Chaidez

Simply Vegas License #S.0192186

Simply Vegas

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,301

Year Built

  • Built in 1962

Lot Details

  • 9,583 Sq Ft Lot
  • Property is in very good condition

Home Design

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

Interior Spaces

  • 3,100 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Storage
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Paved Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • No Home Owners Association
  • Royal Crest Estate Tr #2 Subdivision

Building Details

  • Maintenance Expense $2,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,301

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.22
  • CapRate: 5.09
  • Subdivision Name: Royal Crest Estate Tr #2
  • Directions: Flamingo x University Crest. North on UC. Left on Northrop.
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1962
  • ResoPropertyType: Residential
  • Attribution Contact: 702-203-2722
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1962

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Washer
  • Flooring: Tile
  • Interior Amenities: Ceiling Fan(s), Storage
  • Living Area: 3100.0
  • Window Features: Blinds

Exterior Features

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

Garage/Parking

  • Parking Features: Paved
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 1584.0

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 9583.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 1
  • Annual Gross Income: 40800.0
  • Insurance Expense: 1716.0
  • Maintenance Expense: 2400.0
  • Annual Operating Expense: 7716.0

Tax Info

  • Tax Annual Amount: 1301.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2022
Closed on
Jul 6, 2022
Sold by
Brianna Heisler
Bought by
Lin Family Trust
Seller's Agent
Jason Delk
Bella Vegas Homes Realty
Buyer's Agent
Antonio Chaidez
Simply Vegas
List Price
$650,000
Sold Price
$620,000
Premium/Discount to List
-$30,000
-4.62%
Current Estimated Value
$638,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,055
Avg. Annual Appreciation
1.58%

Purchase Details

Listed on
Jun 10, 2019
Closed on
Oct 16, 2019
Sold by
Steele Holdings Llc
Bought by
Heisler Brianna
Seller's Agent
Eric Kellish
Brown Dog Realty
Buyer's Agent
Eric Lawson
Bella Vegas Homes Realty
List Price
$425,000
Sold Price
$365,000
Premium/Discount to List
-$60,000
-14.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.59%
Original Mortgage
$330,687
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 21, 2016
Sold by
Donald Jewell Llc
Bought by
Steele Holdings Llc

Purchase Details

Closed on
Sep 1, 2011
Sold by
The T Bird & Nugget Trust
Bought by
Donald Jewel Llc

Purchase Details

Closed on
Jun 20, 2008
Sold by
Johnson Thomas T and Johnson Jewelene
Bought by
Johnson Jewelene

Purchase Details

Closed on
Jan 25, 2007
Sold by
Johnson Thomas T and Johnson Jewelene
Bought by
Thomas T & Jewelene Johnson Living Trust

Purchase Details

Closed on
Sep 21, 2004
Sold by
Johnson Thomas Todd
Bought by
Johnson Thomas Todd and Johnson Jewelene

Purchase Details

Closed on
Aug 16, 1994
Sold by
Johnson Robert E and Johnson Bertha
Bought by
Johnson Robert E and Johnson Bertha
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 Buyer Sale Price Title Company
Lin Family Trust $620,000 Clear Title
Heisler Brianna $365,000 Ticor Title Henderson
Steele Holdings Llc $230,000 Nevada Title Las Vegas
Donald Jewel Llc -- None Available
Donald Jewel Llc -- None Available
The T Bird & Nugget Trust -- None Available
Johnson Jewelene -- None Available
Thomas T & Jewelene Johnson Living Trust -- None Available
Johnson Thomas Todd -- Nevada Title Company
Johnson Thomas Todd -- Nevada Title Company
Johnson Robert E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heisler Brianna $325,869
Previous Owner Heisler Brianna $330,687
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2022 07/12/22 Sold $620,000 -4.6% $200 / Sq Ft
06/12/2022 06/12/22 Pending -- -- --
04/26/2022 04/26/22 For Sale $650,000 +78.1% $210 / Sq Ft
10/28/2019 10/28/19 Sold $365,000 -14.1% $118 / Sq Ft
09/28/2019 09/28/19 Pending -- -- --
06/10/2019 06/10/19 For Sale $425,000 -- $137 / 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 $1,642 $70,165 $39,900 $30,265
2024 $1,521 $70,165 $39,900 $30,265
2023 $1,521 $58,731 $32,200 $26,531
2022 $1,409 $55,441 $30,800 $24,641
2021 $1,851 $50,896 $28,000 $22,896
2020 $1,208 $50,486 $28,000 $22,486
2019 $1,133 $48,429 $26,600 $21,829
2018 $1,081 $45,821 $25,200 $20,621
2017 $1,251 $42,646 $22,400 $20,246
2016 $1,013 $39,492 $19,600 $19,892
2015 $1,010 $36,009 $16,800 $19,209
2014 $978 $32,360 $14,000 $18,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2390785

Las Vegas REALTORS®

APN: 162-15-312-022