NOT LISTED FOR SALE

Las Vegas, NV 89110

East Las Vegas Neighborhood

Estimated Value: $413,624 - $741,000

8 Beds
4 Baths
2,896 Sq Ft
$206/Sq Ft Est. Value

Last Sold May 26, 2015

Last sale price $183,500 $63 Per Sq Ft

Est. 225% increase in value since last sale

Current estimated payment $3,374/month

185 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Laundry Facilities
  • Ceramic Tile Flooring

About This Home

As of May 2015

4 unit building in Snug Harbor. Three units rented for $500 a month. Fourth unit in process of remodel almost complete and will rent for $600.

Last Agent to Sell the Property

Paul Sweeney

Choice 1 Realty License #B.1000431 Listed on: 10/22/2014

Last Buyer's Agent

Martha Ortiz

Nestegg Investment Real Estate License #B.0001746

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,390

Year Built

  • Built in 1983

Lot Details

  • 6,534 Sq Ft Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,896 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Ceramic Tile Flooring

Kitchen

  • Oven
  • Range
  • Disposal

Parking

  • 9 Parking Spaces
  • Paved Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 16 / 1

Community Details

Overview

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

Additional Features

  • Laundry Facilities
  • Maintenance Expense $500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,390

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • CapRate: 11.46
  • Subdivision Name: VILLAGE AT WASHINGTON
  • Directions: 15 north to Washington, east on washington to bridgewater,turn right than turn left half way down the block on left
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1983
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2
  • Year Built: 1983

Interior Features

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

Exterior Features

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

Garage/Parking

  • Parking Features: Paved
  • Total Parking Spaces: 9.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 636.0

Condo/Co-op/Association

  • Association: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 23940.0
  • Insurance Expense: 1000.0
  • Maintenance Expense: 500.0
  • Annual Operating Expense: 2736.0

Tax Info

  • Tax Annual Amount: 1390.0
  • Tax Block: 1
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2014
Closed on
May 20, 2015
Sold by
Chavez Ernest
Bought by
Salame Brian E
Seller's Agent
Paul Sweeney
Choice 1 Realty
Buyer's Agent
Martha Ortiz
Nestegg Investment Real Estate
List Price
$185,000
Sold Price
$183,500
Premium/Discount to List
-$1,500
-0.81%
Current Estimated Value
$596,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$413,156
Avg. Annual Appreciation
11.16%
Original Mortgage
$180,175
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 13, 2009
Sold by
Us Bank National Association
Bought by
Chavez Ernest

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,500
Interest Rate
4.94%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 14, 2009
Sold by
Catambay Alberto C and Catambay Lydia A
Bought by
Us Bank National Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,500
Interest Rate
4.94%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 7, 2006
Sold by
Ramirez Jose M and Ramirez Dora
Bought by
Catambay Alberto C and Catambay Lydia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 26, 2000
Sold by
Singal Rajendar
Bought by
Singal Promila

Purchase Details

Closed on
Jun 16, 1995
Sold by
Harris Stphn R
Bought by
Bhatnagar Pramod K and Bhatnagar Karuna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,561
Interest Rate
7.88%
Mortgage Type
Seller Take Back
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
Salame Brian E $183,500 Equity Title Of Nevada
Chavez Ernest $93,500 Lawyers Title Of Nevada Vil
Us Bank National Association $157,250 Fidelity National Default So
Catambay Alberto C $415,000 North American Title Co
Singal Promila -- Old Republic Title Company
Singal Promila -- Old Republic Title Company
Bhatnagar Pramod K $44,000 United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salame Brian E $180,175
Previous Owner Chavez Ernest $96,500
Previous Owner Catambay Alberto C $249,000
Previous Owner Bhatnagar Pramod K $21,561
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2015 05/26/15 Sold $183,500 -0.8% $63 / Sq Ft
04/26/2015 04/26/15 Pending -- -- --
10/22/2014 10/22/14 For Sale $185,000 -- $64 / 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 $2,674 $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 $2,340 $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

  • P

    Seller's Agent in 2015

    Paul Sweeney

    Choice 1 Realty

  • M

    Buyer's Agent in 2015

    Martha Ortiz

    Nestegg Investment Real Estate

    33 Total Sales

    Martha Ortiz
    Section Image
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Source: Las Vegas REALTORS®

MLS Number: 1490209

Las Vegas REALTORS®

APN: 140-30-610-016

Nevada Clark County Las Vegas 89110

East Las Vegas

This home since 22 October 2014 and is currently estimated at $596,656, approximately $206 per square foot. This property was built in 1983. This home is a home located in Clark County with nearby schools including C C Ronnow Elementary School, Mario C. & Joanne Monaco Middle School, and Desert Pines High School.

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