NOT LISTED FOR SALE

875 Mill St Ely, NV 89301

Estimated Value: $254,000 - $295,000

1 Bed
2 Baths
1,269 Sq Ft
$221/Sq Ft Est. Value

Last Sold September 05, 2014

Last sale price $50,000 $39 Per Sq Ft

Est. 462% increase in value since last sale

Current estimated payment $1,597/month

21 Days on Market

Highlights

  • Landscaped
  • Laundry Facilities
  • Carpet
  • Ceiling Fan
  • Wood Siding
  • Wall Furnace

About This Home

As of September 2014

Investors Special! 2 homes on 10,000 sq. ft. lot. Main house needs some TLC. Has 1 bedroom plus large loft upstairs, living room w/ wood stove, kitchen has office nook, 1 bathroom and laundry area. Newer roof, windows and siding. Small studio apartment is in good condition and is currently rented. Lot is fully fenced w/ grass and trees.

Last Agent to Sell the Property

Kenna Almberg

Desert Mountain Realty, Inc License #B.0143147 Listed on: 07/14/2014

Last Buyer's Agent

Kenna Almberg

Desert Mountain Realty, Inc License #B.0143147 Listed on: 07/14/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • Landscaped
  • Property is in average condition

Parking

  • 5 Parking Spaces

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,269 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Carpet

Kitchen

  • Oven
  • Range

Utilities

  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 7-10 / 16

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Murry Canyon Subdivision

Additional Features

  • Laundry Facilities
  • Maintenance Expense $200

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • CapRate: 0.14
  • Subdivision Name: MURRY CANYON
  • Directions: From Desert Mountain Realty go West on Aultman St. Approx. 1 mile, turn left on Mill St. House is 3 blocks down on the right.
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1940
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1940

Interior Features

  • Number Of Buildings: 2
  • Appliances: Oven, Range, Refrigerator
  • Flooring: Carpet, Other
  • Interior Amenities: Ceiling Fan(s)

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 5.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Other
  • Heating: Electric, Other, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 1200.0

Condo/Co-op/Association

  • Amenities: Landscaping

Schools

Lot Info

  • Additional Parcels Description: ---

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 1800.0
  • Insurance Expense: 800.0
  • Maintenance Expense: 200.0
  • Annual Operating Expense: 1700.0

Tax Info

  • Tax Block: 16
  • Tax Lot: 7-10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2014
Closed on
Aug 29, 2014
Sold by
Lani Lauretta Lani Lauretta
Bought by
Rose Claude J and Claude J Rose Living Trust
Seller's Agent
Kenna Almberg
Desert Mountain Realty, Inc
Buyer's Agent
Kenna Almberg
Desert Mountain Realty, Inc
List Price
$69,000
Sold Price
$50,000
Premium/Discount to List
-$19,000
-27.54%
Current Estimated Value
$280,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,939
Avg. Annual Appreciation
16.49%

Purchase Details

Closed on
Jan 20, 2012
Sold by
Ortiz Tom
Bought by
Hawkins Lani Lauretta

Purchase Details

Closed on
Jan 4, 2012
Sold by
Ortiz Tom
Bought by
Hawkins Lani Lauretta

Purchase Details

Closed on
Jul 21, 2009
Sold by
Kennington Management Inc
Bought by
Ortiz Tom

Purchase Details

Closed on
Jun 15, 2009
Sold by
Hawkins Lani Lauretta
Bought by
Kennington Management Inc and Moon Jason
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rose Claude J $50,000 Stewart Title Company
Hawkins Lani Lauretta -- --
Hawkins Lani Lauretta -- --
Hawkins Lani Lauretta -- --
Hawkins Lani Lauretta -- --
Ortiz Tom $37,723 --
Kennington Management Inc $36,757 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2014 09/05/14 Sold $50,000 -27.5% $39 / Sq Ft
08/06/2014 08/06/14 Pending -- -- --
07/15/2014 07/15/14 For Sale $69,000 -- $54 / 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 $1,499 $40,890 $6,055 $34,835
2024 $1,499 $40,312 $5,425 $34,887
2023 $1,499 $36,742 $5,425 $31,317
2022 $1,182 $30,331 $4,725 $25,606
2021 $1,110 $24,526 $4,305 $20,221
2020 $953 $25,128 $4,305 $20,823
2019 $913 $22,972 $4,305 $18,667
2018 $896 $22,769 $4,725 $18,044
2017 $634 $17,244 $4,305 $12,939
2016 $594 $15,140 $4,305 $10,835
2015 $529 $15,033 $4,305 $10,728
2014 $529 $15,628 $5,110 $10,518
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1462751

Las Vegas REALTORS®

APN: 001-325-03