NOT LISTED FOR SALE

Estimated Value: $609,089 - $895,000

8 Beds
7 Baths
4,576 Sq Ft
$157/Sq Ft Est. Value

Last Sold April 05, 2018

Last sale price $325,000 $71 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $4,163/month

10 Days on Market

Highlights

  • Patio
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of April 2018

Great Investment deal Sold AS-IS!!NOT A SHORT SALE OR REO! Good condition Fourplex Building near UNLV and Strip area! 2 Two bdrm units, 1 Three bdrm Unit, 1 One Bdrm Unit, all units have washer/dryers, installed, Great Location and only minutes to the Strip and UNLV and easy access to the Airport. NOT A SHORTSALE OR REPO!! DO NOT DISTURB TENANTS, CAN VIEW DURING DUE DILIGENCE

Last Agent to Sell the Property

Ken Quick

Aloha Properties License #BS.0143112 Listed on: 02/23/2018

Last Buyer's Agent

Ken Quick

Aloha Properties License #BS.0143112 Listed on: 02/23/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,341

Year Built

  • Built in 1977

Lot Details

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

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,576 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Dryer

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity, gas

Community Details

Overview

  • Association fees include management, trash
  • 4 Units
  • Palo Verde Villas Subdivision

Building Details

  • Maintenance Expense $500
  • Professional Management Expense $2,448

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,341

Year Built

Built in 1977

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.22
  • Professional Management Expense: 2448.0
  • Subdivision Name: PALO VERDE VILLAS
  • Directions: *Tropicana/Paradise** East on Tropicana**RT on Palo Verde Rd**LF on Palo Verde Cr to Property end right side**
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1977
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2
  • Year Built: 1977

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Range Hood
  • Flooring: Carpet, Ceramic Tile
  • Window Features: Blinds

Exterior Features

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 1440.0

Condo/Co-op/Association

  • Amenities: Cable TV
  • Association Fee: 150.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Trash

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 9583.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 30600.0
  • Insurance Expense: 2029.0
  • Maintenance Expense: 500.0
  • Annual Operating Expense: 9558.0

Tax Info

  • Tax Annual Amount: 1341.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2024
Sold by
Contreras Rosa A
Bought by
770 Palo Series Of Lbl Llc
Current Estimated Value
$720,022

Purchase Details

Closed on
Dec 11, 2020
Sold by
Contreras Rosa A
Bought by
Contreras Rosa A

Purchase Details

Listed on
Feb 23, 2018
Closed on
Apr 5, 2018
Sold by
Hernandez Napoleon
Bought by
Contreras Rosa A
Seller's Agent
Ken Quick
Aloha Properties
Buyer's Agent
Ken Quick
Aloha Properties
List Price
$305,000
Sold Price
$325,000
Premium/Discount to List
$20,000
6.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.17%
Original Mortgage
$243,750
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 23, 2018
Closed on
Feb 27, 2018
Sold by
Snyder Nellene E
Bought by
Contreras Rosa A
Seller's Agent
Ken Quick
Aloha Properties
Buyer's Agent
Ken Quick
Aloha Properties
List Price
$305,000
Sold Price
$325,000
Premium/Discount to List
$20,000
6.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 8, 2013
Closed on
Sep 23, 2014
Sold by
Thoney Shane and Thoney Jihann
Bought by
Snyder Nellene E
Seller's Agent
Jim Kendellen
Reiss Properties
Buyer's Agent
Ken Quick
Aloha Properties
List Price
$299,900
Sold Price
$234,500
Premium/Discount to List
-$65,400
-21.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.72%

Purchase Details

Closed on
Jun 17, 2009
Sold by
Jpmorgan Chase Bank National Association
Bought by
Thoney Shane and Thoney Jihann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
5.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2009
Sold by
Shaheed Talib Abdul
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Aug 10, 2005
Sold by
Shaheed Regina G
Bought by
Shaheed Talib Abdul

Purchase Details

Closed on
Aug 8, 2005
Sold by
Shaheed Talib A
Bought by
Shaheed Talib Abdul

Purchase Details

Closed on
Jan 29, 2003
Sold by
Mccormick John and Mccormick Helen
Bought by
Shaheed Talib A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
5.62%
Source: Public Records

Range of Values:

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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
770 Palo Series Of Lbl Llc -- None Listed On Document
Contreras Rosa A -- Driggs Title Agency Inc
Contreras Rosa A -- Driggs Title Agency Inc
Contreras Rosa A $325,000 Driggs Title Agency Inc
Snyder Nellene E $234,500 Fidelity National Title
Thoney Shane $234,936 Nevada Title Las Vegas
Jpmorgan Chase Bank National Association $280,000 Fidelity National Default So
Shaheed Talib Abdul -- Fidelity National Title
Shaheed Talib Abdul -- Fidelity National Title
Shaheed Talib A $283,000 Nevada Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Contreras Rosa A $243,750
Previous Owner Thoney Shane $133,000
Previous Owner Shaheed Talib A $256,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/05/2018 04/05/18 Sold $325,000 +6.6% $71 / Sq Ft
03/06/2018 03/06/18 Pending -- -- --
02/23/2018 02/23/18 For Sale $305,000 +30.1% $67 / Sq Ft
09/30/2014 09/30/14 Sold $234,500 -21.8% $51 / Sq Ft View Prior Sale
08/31/2014 08/31/14 Pending -- -- --
11/08/2013 11/08/13 For Sale $299,900 -- $66 / 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 $2,175 $117,692 $66,500 $51,192
2024 $2,014 $117,692 $66,500 $51,192
2023 $2,014 $105,635 $56,000 $49,635
2022 $1,865 $89,572 $41,300 $48,272
2021 $1,727 $88,343 $41,300 $47,043
2020 $1,601 $89,213 $41,300 $47,913
2019 $1,500 $78,642 $30,100 $48,542
2018 $1,432 $67,460 $19,600 $47,860
2017 $1,943 $65,567 $17,500 $48,067
2016 $1,341 $61,201 $10,500 $50,701
2015 $1,338 $43,428 $7,000 $36,428
2014 $1,296 $52,096 $10,500 $41,596
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1966795

Las Vegas REALTORS®

APN: 162-27-111-006