NOT LISTED FOR SALE

Estimated Value: $544,000 - $624,000

8 Beds
4 Baths
2,880 Sq Ft
$201/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $530,000 $184 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,191/month

110 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Ceramic Tile Flooring

About This Home

As of August 2023

Single Story Four Plex in North Las Vegas. All units are 2 bedroom 1 bathroom. Gated grounds with easy to maintain desert landscaping.
All the tenants are on month-to-month leases with plenty of room to increase to current market rents. Units are in good condition and some have been updated. Current Yearly Expenses $5,284.00 (water, sewer, trash, tax, insurance, electric).

Last Agent to Sell the Property

Ryan Crighton

Rothwell Gornt Companies Brokerage Phone: 702-932-8813 License #BS.0000254 Listed on: 04/12/2023

Last Buyer's Agent

Jennyfer Poveda

United Realty Group License #S.0078470

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,268

Year Built

  • Built in 1962

Lot Details

  • 7,841 Sq Ft Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Pitched Roof

Interior Spaces

  • 2,880 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Ceramic Tile

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4 Units
  • Arrowhead Acres Tr Subdivision

Listing and Financial Details

  • Tenant pays for electricity

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,268

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Subdivision Name: Arrowhead Acres Tr
  • Directions: I-15 North to Lake Mead, Right on Lake Mead, Left on North Las Vegas Blvd, Slight Right on East Carey, Left on Bassler, Property is on the Right.
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1962
  • ResoPropertyType: Residential
  • Attribution Contact: 702-932-8813
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1962

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Appliances: Refrigerator
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: None
  • Living Area: 2880.0

Exterior Features

  • Construction Type: Wood Frame
  • Property Condition: Good Condition, Resale
  • Roof: Pitched

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: None
  • Association: No

Schools

Lot Info

  • Lot Size Sq Ft: 7841.0
  • 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: 1268.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2023
Closed on
Jul 28, 2023
Sold by
Marilyn K Namovich Revocable Living Trus
Bought by
Leon Tiburcio
Seller's Agent
Ryan Crighton
Rothwell Gornt Companies
Buyer's Agent
Jennyfer Poveda
United Realty Group
List Price
$540,000
Sold Price
$530,000
Premium/Discount to List
-$10,000
-1.85%
Current Estimated Value
$578,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,128
Avg. Annual Appreciation
2.43%
Original Mortgage
$371,000
Outstanding Balance
$362,862
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$192,907

Purchase Details

Closed on
May 15, 2006
Sold by
Namovich Marilyn K
Bought by
Namovich Marilyn K and Marilyn K Namovich Revocable Living Tr
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
Leon Tiburcio $530,000 Fidelity National Title
Namovich Marilyn K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leon Tiburcio $371,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $530,000 -1.9% $184 / Sq Ft
07/31/2023 07/31/23 Pending -- -- --
06/27/2023 06/27/23 For Sale $540,000 0.0% $188 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $540,000 0.0% $188 / Sq Ft
04/28/2023 04/28/23 Pending -- -- --
04/12/2023 04/12/23 For Sale $540,000 -- $188 / 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 $1,478 $71,971 $43,750 $28,221
2024 $1,369 $71,971 $43,750 $28,221
2023 $1,369 $68,485 $43,750 $24,735
2022 $1,268 $57,997 $35,000 $22,997
2021 $1,174 $51,124 $29,750 $21,374
2020 $1,087 $50,041 $29,050 $20,991
2019 $1,019 $44,888 $24,500 $20,388
2018 $973 $40,253 $21,000 $19,253
2017 $1,244 $37,100 $18,200 $18,900
2016 $911 $31,146 $12,600 $18,546
2015 $908 $29,103 $11,200 $17,903
2014 $880 $25,461 $8,400 $17,061
Source: Public Records

Agents Affiliated with this Home

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Source: Las Vegas REALTORS®

MLS Number: 2488032

Las Vegas REALTORS®

APN: 139-13-410-085