NOT LISTED FOR SALE

Estimated Value: $614,000 - $731,000

8 Beds
4 Baths
3,350 Sq Ft
$195/Sq Ft Est. Value

Last Sold July 15, 2021

Last sale price $499,900 $149 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,568/month

21 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • Central Heating and Cooling System
  • Private Yard

About This Home

As of July 2021

Great opportunity to own a piece of the sprawling Downtown Las Vegas. Less than a mile away from the valleys newest Casino; The Circa and the world-renowned Fremont Street. New flooring in all units. New flooring in all four units. One unit totally remolded and purposely left to stand alone for the new owners vision. All tenants are month to month paying well below market rent. Secured, gated property with approximately 8 off street parking spaces and onsite laundry facility.

Last Agent to Sell the Property

Shannon Smith

Realty ONE Group, Inc License #BS.0143915 Listed on: 05/24/2021

Realty ONE Group, Inc

Last Buyer's Agent

Agustus Maghee

The Agency Las Vegas License #S.0179783

The Agency Las Vegas

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,092

Year Built

  • Built in 1963

Lot Details

  • 10,454 Sq Ft Lot
  • Private Yard
  • Property is in good condition

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Wood Frame Construction

Interior Spaces

  • 3,350 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Parking

  • 8 Parking Spaces
  • Paved Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 4 Units
  • Mount Vernon Estate Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,092

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Subdivision Name: Mount Vernon Estate
  • Directions: From N. Main Street and Washington East one block to 1st Street, South to property on the left
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1963
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1963

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Flooring: Carpet, Ceramic Tile, Wood
  • Living Area: 3350.0
  • Window Features: Blinds

Exterior Features

  • Disclosures: Principal is Real Estate Licensed
  • Construction Type: Wood Frame
  • Exterior Features: Private Yard
  • Property Condition: Good Condition, Resale
  • Roof: Flat

Garage/Parking

  • Parking Features: Paved
  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: Common Area, Laundry Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

Lot Info

  • Lot Size Sq Ft: 10454.0
  • Additional Parcels Description: ---
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1092.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2023
Sold by
Patel Kuvaal Janmejay
Bought by
Kp Prop Lv Llc
Current Estimated Value
$652,156

Purchase Details

Listed on
May 24, 2021
Closed on
Jun 23, 2021
Sold by
Green Street Llc
Bought by
Patel Kuvaal Janmejay
Seller's Agent
Shannon Smith
Realty ONE Group, Inc
Buyer's Agent
Agustus Maghee
The Agency Las Vegas
List Price
$499,900
Sold Price
$499,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%
Original Mortgage
$432,030
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 3, 2021
Sold by
Ray Gloria M Lee
Bought by
Green Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
2.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 11, 2005
Sold by
Ray Gloria M Lee
Bought by
Ray Gloria M Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,250
Interest Rate
5.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 1994
Sold by
Leeray Xavier R and Leeray Gloria Mazique
Bought by
Leeray Gloria M
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
Kp Prop Lv Llc -- None Listed On Document
Patel Kuvaal Janmejay $499,900 Ticor Title Las Vegas
Green Street Llc $245,000 Ticor Title Las Vegas
Ray Gloria M Lee -- North American Title Co
Leeray Gloria M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patel Kuvaal Janmejay $432,030
Previous Owner Green Street Llc $200,000
Previous Owner Ray Gloria M Lee $266,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2021 07/15/21 Sold $499,900 0.0% $149 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
05/24/2021 05/24/21 For Sale $499,900 -- $149 / 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 $1,484 $77,000 $45,500 $31,500
2024 $1,375 $77,000 $45,500 $31,500
2023 $915 $80,082 $52,500 $27,582
2022 $1,273 $60,639 $35,000 $25,639
2021 $1,179 $53,579 $29,750 $23,829
2020 $1,092 $47,199 $23,800 $23,399
2019 $1,024 $42,316 $19,600 $22,716
2018 $977 $37,217 $15,750 $21,467
2017 $1,172 $35,756 $14,700 $21,056
2016 $915 $31,190 $10,500 $20,690
2015 $912 $26,950 $7,000 $19,950
2014 $884 $26,226 $7,000 $19,226
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2297921

Las Vegas REALTORS®

APN: 139-27-710-005