NOT LISTED FOR SALE

917 Ute Ln Las Vegas, NV 89110

Estimated Value: $359,110 - $421,000

4 Beds
2 Baths
1,792 Sq Ft
$215/Sq Ft Est. Value

Last Sold November 13, 2012

Last sale price $70,500 $39 Per Sq Ft

Est. 448% increase in value since last sale

Current estimated payment $2,169/month

102 Days on Market

Highlights

  • No HOA
  • Carpet
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of November 2012

A GREAT DUPLEX . EACH UNIT IS 2 BEDS 1 BATH. CARPET AND VINYL THROUGHOUT. NO HOA! NOT A SHORT SALE OR FORECLOSURE! GREAT INVESTMENT PROPERTY!

Last Agent to Sell the Property

Jared Jones

Horizon Realty Group License #B.0143674 Listed on: 07/03/2012

Last Buyer's Agent

Sergio Ruiz

Assist-2-Sell Flat Fee Realty License #S.0066746

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $928

Year Built

  • Built in 1963

Lot Details

  • 9,148 Sq Ft Lot
  • Property is in good condition

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,792 Sq Ft Home
  • 1-Story Property
  • Carpet

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 23 / 6

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Valley Rancho Tract 1 Subdivision

Building Details

  • Maintenance Expense $25
  • Professional Management Expense $50

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$928

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • CapRate: 12.27
  • Professional Management Expense: 50.0
  • Subdivision Name: VALLEY RANCHO TRACT 1
  • Directions: I-95 & CHARLESTON. EAST ON CHARLESTON. LEFT ON NELLIS. RIGHT ON BONANZA. LEFT ON UTE LN TO PROPERTY ON LEFT.
  • Architectural Style: Duplex
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: RESALE
  • Year Built: 1963
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1
  • Year Built: 1963

Interior Features

  • Number Of Buildings: 1
  • Flooring: Carpet, Other
  • Interior Amenities: None

Exterior Features

  • Disclosures: Principal is Real Estate Licensed
  • Construction Type: Wood Frame
  • Property Condition: Good Condition, Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 50.0

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 9148.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 10800.0
  • Insurance Expense: 30.0
  • Maintenance Expense: 25.0
  • Annual Operating Expense: 1000.0

Tax Info

  • Tax Annual Amount: 928.0
  • Tax Block: 6
  • Tax Lot: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2012
Closed on
Nov 9, 2012
Sold by
Brytor Lllp
Bought by
Ruiz Sergio Z
Seller's Agent
Jared Jones
Horizon Realty Group
Buyer's Agent
Sergio Ruiz
Assist-2-Sell Flat Fee Realty
List Price
$89,900
Sold Price
$70,500
Premium/Discount to List
-$19,400
-21.58%
Current Estimated Value
$386,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,528
Avg. Annual Appreciation
14.11%
Original Mortgage
$63,822
Outstanding Balance
$44,579
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$341,449

Purchase Details

Closed on
Jan 26, 2012
Sold by
Herrera Juan Nelson
Bought by
Brytor Lllp

Purchase Details

Closed on
Jun 22, 2005
Sold by
Herrera Maria Lourdes
Bought by
Herrera Juan Nelson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,500
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 8, 2005
Sold by
Sapienza Paul and Sapienza Marilyn
Bought by
Herrera Juan Nelson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,500
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 23, 2004
Sold by
Hawk Robin
Bought by
Sapienza Paul and Sapienza Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
5.62%
Mortgage Type
Unknown
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
Ruiz Sergio Z $70,500 National Title Company
Brytor Lllp $38,100 National Title Company
Herrera Juan Nelson -- Ticor Title Of Nevada Inc
Herrera Juan Nelson $215,000 Ticor Title Of Nevada Inc
Sapienza Paul $140,000 Nevada Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruiz Sergio Z $63,822
Previous Owner Herrera Juan Nelson $150,500
Previous Owner Sapienza Paul $112,000
Closed Herrera Juan Nelson $53,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2012 11/13/12 Sold $70,500 -21.6% $39 / Sq Ft
10/14/2012 10/14/12 Pending -- -- --
07/03/2012 07/03/12 For Sale $89,900 -- $50 / 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 $1,373 $55,361 $35,000 $20,361
2024 $896 $55,361 $35,000 $20,361
2023 $896 $54,345 $36,750 $17,595
2022 $830 $46,121 $29,750 $16,371
2021 $769 $38,997 $26,250 $12,747
2020 $711 $37,580 $24,500 $13,080
2019 $666 $33,705 $21,000 $12,705
2018 $636 $29,315 $17,500 $11,815
2017 $903 $30,780 $19,250 $11,530
2016 $596 $21,797 $10,500 $11,297
2015 $594 $21,390 $10,500 $10,890
2014 $575 $19,033 $7,000 $12,033
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1264277

Las Vegas REALTORS®

APN: 140-28-410-019