NOT LISTED FOR SALE

Estimated Value: $678,000 - $899,000

8 Beds
8 Baths
3,744 Sq Ft
$199/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $440,000 $118 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,681/month

48 Days on Market

Highlights

  • Community Pool
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Ed W Clark High School Rated A-

About This Home

As of November 2019

Brand new year long leases nicely done fourplex in great community with a pool. All four units have in unit washer and dryer and dishwasher. 3 of 4 tenant are long term. All leases are brand new at $950 each. Very solid cash flow. Property is poised for solid appreciation.

Last Agent to Sell the Property

Jason Elleman

Galindo Group Real Estate License #S.0186715 Listed on: 08/28/2019

Last Buyer's Agent

Zoie Chu

All Vegas Properties License #B.0024842

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,816

Year Built

  • Built in 1979

Lot Details

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

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • Covered Parking

Home Design

  • Quadruplex
  • Stucco

Interior Spaces

  • 3,744 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Ceramic Tile Flooring

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • Association fees include ground maintenance, recreation facilities
  • 4 Units
  • Eldora Plaza Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,816

Year Built

Built in 1979

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Subdivision Name: ELDORA PLAZA
  • Directions: South on Decatur, right on Eldora and then left on Eldora Cir
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1979
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1979

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Disposal, Oven, Range, Refrigerator, Washer
  • Flooring: Ceramic Tile
  • Window Features: Blinds

Exterior Features

  • Disclosures: Principal is Real Estate Licensed
  • Construction Type: Stucco
  • Property Condition: Good Condition, Resale
  • Roof: Other

Garage/Parking

  • Parking Features: Covered

Utilities

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

Condo/Co-op/Association

  • Amenities: Pool
  • Association Fee: 350.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Maintenance Grounds, Recreation Facilities

Lot Info

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

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1816.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2019
Closed on
Oct 31, 2019
Sold by
Elleman Jason
Bought by
Liu Can and Ng Chiu
Seller's Agent
Jason Elleman
Galindo Group Real Estate
Buyer's Agent
Zoie Chu
All Vegas Properties
List Price
$489,999
Sold Price
$440,000
Premium/Discount to List
-$49,999
-10.2%
Current Estimated Value
$746,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,213
Avg. Annual Appreciation
8.72%
Original Mortgage
$304,200
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2019
Sold by
Padgett Brian C
Bought by
Elleman Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2006
Sold by
Padgett Brian C
Bought by
Bcp Holding 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,500
Interest Rate
5.93%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 16, 2005
Sold by
Bcp Holding 2 Llc
Bought by
Padgett Brian C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,500
Interest Rate
5.93%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 11, 2005
Sold by
Padgett Brian C
Bought by
Bcp Holding 2 Llc

Purchase Details

Closed on
Dec 7, 2001
Sold by
Dylag Joseph J
Bought by
Padgett Brian C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,462
Interest Rate
6.57%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 3, 1998
Sold by
Pierce Edward R and Pierce Joy M
Bought by
Pierce Edward R and Pierce Joy M

Purchase Details

Closed on
Jul 27, 1998
Sold by
Pierce Edward R and Pierce Joy M
Bought by
Dylag Joseph J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
6.9%

Purchase Details

Closed on
Jul 21, 1998
Sold by
Dylag Anna Jean
Bought by
Dylag Joseph J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
6.9%

Purchase Details

Closed on
Feb 17, 1994
Sold by
Pierce Edward R and Pierce Joy M
Bought by
Pierce Edward R and Pierce Joy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.24%
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
Liu Can $440,000 Lawyers Title Las Vegas
Elleman Jason $349,362 None Available
Bcp Holding 2 Llc -- None Available
Padgett Brian C $261,000 Southwest Title
Bcp Holding 2 Llc -- --
Padgett Brian C $254,000 First American Title Co
Pierce Edward R -- Ati Title
Dylag Joseph J $220,000 Ati Title
Dylag Joseph J -- Ati Title
Pierce Edward R -- National Title Company
Pierce Edward R -- National Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Can $301,000
Closed Liu Can $304,200
Previous Owner Elleman Jason $270,000
Previous Owner Padgett Brian C $346,500
Previous Owner Padgett Brian C $256,000
Previous Owner Padgett Brian C $250,462
Previous Owner Dylag Joseph J $154,000
Previous Owner Pierce Edward R $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2019 11/15/19 Sold $440,000 -10.2% $118 / Sq Ft
10/16/2019 10/16/19 Pending -- -- --
08/28/2019 08/28/19 For Sale $489,999 -- $131 / 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 $2,946 $114,975 $60,200 $54,775
2024 $2,728 $114,975 $60,200 $54,775
2023 $2,728 $109,985 $57,400 $52,585
2022 $2,526 $106,126 $55,300 $50,826
2021 $2,339 $90,496 $41,300 $49,196
2020 $2,169 $86,408 $36,400 $50,008
2019 $2,033 $83,414 $32,900 $50,514
2018 $1,940 $75,572 $25,900 $49,672
2017 $2,151 $73,346 $22,750 $50,596
2016 $1,816 $70,371 $17,500 $52,871
2015 $1,812 $66,723 $14,000 $52,723
2014 $1,756 $58,093 $10,500 $47,593
Source: Public Records

Agents Affiliated with this Home

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Source: Las Vegas REALTORS®

MLS Number: 2129600

Las Vegas REALTORS®

APN: 163-12-611-010