NOT LISTED FOR SALE

Estimated Value: $548,000 - $658,000

8 Beds
4 Baths
2,896 Sq Ft
$212/Sq Ft Est. Value

Last Sold February 22, 2013

Last sale price $107,000 $37 Per Sq Ft

Est. 471% increase in value since last sale

Current estimated payment $3,641/month

1 Day on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Concrete Flooring

About This Home

As of February 2013

Units all need work owners selling . Free and clear. Not a short sale or REO. Buyer is buying the building in "AS-WI" condition with no warrenty and no repairs. This price includes PN 140-30-610-052. Possible FHA 245 loan.

Last Agent to Sell the Property

Ron Ruthe

Ruthe Realty License #B.0015092 Listed on: 01/21/2013

Last Buyer's Agent

Susan Shafshak

RE/MAX United License #62247

RE/MAX United

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,284

Year Built

  • Built in 1982

Lot Details

  • 8,276 Sq Ft Lot
  • Property is in below average condition

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

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

Flooring

  • Carpet
  • Concrete

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 22 / 2

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Village At Washington Subdivision

Building Details

  • Maintenance Expense $200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,284

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • Subdivision Name: VILLAGE AT WASHINGTON
  • Directions: From Lamb and Washington go west on Washington then right on Staffordshire, building is the last building on the right
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1982
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2
  • Year Built: 1982

Interior Features

  • Number Of Buildings: 1
  • Flooring: Carpet, Concrete
  • Interior Amenities: None
  • Living Area: 2896.0

Exterior Features

  • Construction Type: Stucco
  • Property Condition: Poor Condition, Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 200.0

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 8276.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 22800.0
  • Insurance Expense: 850.0
  • Maintenance Expense: 200.0
  • Annual Operating Expense: 22800.0

Tax Info

  • Tax Annual Amount: 1284.0
  • Tax Block: 2
  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2013
Closed on
Feb 20, 2013
Sold by
Mertes Roger A and Mertes Jean L
Bought by
Sun Lv Investments Llc
Seller's Agent
Ron Ruthe
Ruthe Realty
Buyer's Agent
Susan Shafshak
RE/MAX United
List Price
$119,900
Sold Price
$107,000
Premium/Discount to List
-$12,900
-10.76%
Current Estimated Value
$610,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$503,667

Purchase Details

Closed on
Apr 15, 1997
Sold by
Newman Richard F and Newman Margaret L
Bought by
Mertes Roger A and Mertes Jean L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,900
Interest Rate
8.13%
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
Sun Lv Investments Llc $107,000 Lawyers Title Of Nevada
Mertes Roger A $133,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mertes Roger A $80,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2013 02/22/13 Sold $107,000 -10.8% $37 / Sq Ft
01/23/2013 01/23/13 Pending -- -- --
01/21/2013 01/21/13 For Sale $119,900 -- $41 / 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 $3,569 $85,110 $41,300 $43,810
2024 $2,468 $85,110 $41,300 $43,810
2023 $2,468 $84,734 $43,050 $41,684
2022 $1,958 $77,898 $37,800 $40,098
2021 $1,813 $68,413 $29,750 $38,663
2020 $1,680 $66,934 $27,650 $39,284
2019 $1,575 $62,572 $23,100 $39,472
2018 $1,503 $56,767 $18,200 $38,567
2017 $1,752 $53,434 $14,350 $39,084
2016 $1,407 $51,956 $11,200 $40,756
2015 $1,406 $47,516 $7,000 $40,516
2014 $1,363 $47,586 $7,000 $40,586
Source: Public Records

Agents Affiliated with this Home

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Source: Las Vegas REALTORS®

MLS Number: 1315290

Las Vegas REALTORS®

APN: 140-30-610-053