NOT LISTED FOR SALE

Estimated Value: $419,449 - $649,000

8 Beds
4 Baths
2,896 Sq Ft
$179/Sq Ft Est. Value

Last Sold April 10, 2014

Last sale price $175,000 $60 Per Sq Ft

Est. 197% increase in value since last sale

Current estimated payment $2,953/month

172 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Wood Siding

About This Home

As of April 2014

Two bedroom one bath units. Tile floor in the living areas carpet in the bedrooms. Fire place in each unit. Long term tenants. All units are occupied.Please do not disturb tenants.

Last Agent to Sell the Property

Martha Ortiz

Nestegg Investment Real Estate License #B.0001746 Listed on: 09/19/2013

Last Buyer's Agent

Martha Ortiz

Nestegg Investment Real Estate License #B.0001746 Listed on: 09/19/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,295

Year Built

  • Built in 1983

Lot Details

  • 6,098 Sq Ft Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,896 Sq Ft Home
  • 2-Story Property
  • Blinds

Kitchen

  • Oven
  • Range with Range Hood
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 4 Parking Spaces
  • Paved Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 4 / 1

Community Details

Overview

  • 2 Units
  • Village At Washington Subdivision

Building Details

  • Maintenance Expense $1,000
  • Professional Management Expense $2,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,295

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • CapRate: 8.33
  • Professional Management Expense: 2400.0
  • Subdivision Name: VILLAGE AT WASHINGTON
  • Directions: From Washington and Lamb,take Washington going West, approximately 3 streets to Bridgewater North.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1983
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1983

Interior Features

  • Number Of Buildings: 1
  • Appliances: Exhaust Fan, Disposal, Oven, Range, Refrigerator, Range Hood
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 2896.0
  • Window Features: Blinds

Exterior Features

  • Construction Type: Wood Siding
  • Property Condition: Good Condition, Resale
  • Roof: Composition, Pitched, 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
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 1850.0

Condo/Co-op/Association

  • Amenities: None

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 6098.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 22800.0
  • Insurance Expense: 900.0
  • Maintenance Expense: 1000.0
  • Annual Operating Expense: 7965.0

Tax Info

  • Tax Annual Amount: 1295.0
  • Tax Block: 1
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2014
Sold by
Grei Llc
Bought by
Boyle Craig and Teh Swee Hor
Total Days on Market
172
Current Estimated Value
$519,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2010
Sold by
Hsbc Bank Usa National Association
Bought by
Grei Llc

Purchase Details

Closed on
Aug 19, 2009
Sold by
Montoya Jose R
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Jul 25, 2006
Sold by
Sanchez Erika
Bought by
Montoya Jose R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
6.57%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 24, 2006
Sold by
Marroquin Manuel Angel and Marroquin Dora
Bought by
Montoya Jose R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
6.57%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 1, 2005
Sold by
Camacho Fausto C and Camacho Lourdes E
Bought by
Marroquin Manuel Angel and Marroquin Dor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
3%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 12, 2002
Sold by
Camacho Fausto C and Camacho Lourdes E
Bought by
Camacho Fausto C and Camacho Lourdes E

Purchase Details

Closed on
Jan 3, 1997
Sold by
Camacho Sauz A and Camacho Teresa
Bought by
Camacho Fausto C and Camacho Lourdes E

Purchase Details

Closed on
Jan 21, 1995
Sold by
Carbone Gerald E and Carbone Carole A
Bought by
Camacho Fausto Castro and Camacho Lourdes Espinoza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,368
Interest Rate
9.09%
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
Boyle Craig $175,000 First American Title Paseo
Grei Llc $130,100 Chicago Title Las Vegas
Hsbc Bank Usa National Association $366,747 Servicelink
Montoya Jose R -- Equity Title Of Nevada
Montoya Jose R $410,000 Equity Title Of Nevada
Marroquin Manuel Angel $340,000 Ticor Title Of Nevada Inc
Camacho Fausto C -- Stewart Title
Camacho Fausto C -- --
Camacho Fausto Castro $114,500 United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boyle Craig $122,500
Previous Owner Montoya Jose R $328,000
Previous Owner Marroquin Manuel Angel $272,000
Previous Owner Camacho Fausto Castro $105,368
Closed Marroquin Manuel Angel $34,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2014 04/10/14 Sold $175,000 -1.7% $60 / Sq Ft
03/11/2014 03/11/14 Pending -- -- --
09/19/2013 09/19/13 For Sale $178,000 -- $61 / 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 $2,334 $86,180 $41,300 $44,880
2024 $2,161 $86,180 $41,300 $44,880
2023 $2,161 $85,616 $43,050 $42,566
2022 $2,001 $78,702 $37,800 $40,902
2021 $1,853 $69,138 $29,750 $39,388
2020 $1,718 $67,623 $27,650 $39,973
2019 $1,610 $63,229 $23,100 $40,129
2018 $1,536 $57,359 $18,200 $39,159
2017 $1,770 $53,981 $14,350 $39,631
2016 $1,439 $52,469 $11,200 $41,269
2015 $1,435 $47,978 $7,000 $40,978
2014 $1,391 $48,045 $7,000 $41,045
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1384253

Las Vegas REALTORS®

APN: 140-30-610-004