NOT LISTED FOR SALE

Estimated Value: $462,030 - $564,000

8 Beds
4 Baths
3,112 Sq Ft
$171/Sq Ft Est. Value

Sale Details

Date Sold: July 31, 2018

Last sale price $290,000 $93 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,662 / mo

29 Days on Market

Highlights

  • Community Pool
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of July 2018

Great investment opportunity with upside. Steady income community. Sold "as is" condition or rehabbed. Seller offering up to $6,000.00 credit for rehab. Gated community with two pools. Roving security. Active HOA Board to maintain and upkeep the property. Close to ammenities and shopping. On the major public transportation route.

Last Agent to Sell the Property

Richard Trivett

Quantified Investment Group License #S.0180380 Listed on: 06/01/2018

Last Buyer's Agent

Ronald Monk Boyer

ERA Brokers Consolidated License #S.0028328

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,527

Year Built

  • Built in 1984

Lot Details

  • 1,307 Sq Ft Lot
  • Property is in average condition

HOA Fees

  • $592 Monthly HOA Fees

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,112 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • Association fees include ground maintenance, recreation facilities, security
  • 4 Units
  • Village At Karen Unit #1 Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,527

Year Built

Built in 1984

Lot Details

1,307 Sq Ft Lot

HOA Fees

$592 per month

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.03
  • CapRate: 7.0
  • Subdivision Name: VILLAGE AT KAREN UNIT #1
  • Directions: From I-515 exit Boulder Hwy heading south, Left at S. Lamb Blvd, Right E Vegas Valley Dr., Left S. Mountain View St., Right Amberleigh Ln., Left Aarondavid Dr..
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1984
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1984

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Oven, Range, Refrigerator, Washer
  • Flooring: Carpet, Tile

Exterior Features

  • Construction Type: Stucco, Wood Frame
  • Property Condition: Average Condition, Resale
  • Roof: Composition, Shingle

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: 592.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Maintenance Grounds, Recreation Facilities, Security

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 1307.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 32800.0
  • Annual Operating Expense: 12000.0

Tax Info

  • Tax Annual Amount: 1527.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2018
Closed on
Jul 30, 2018
Sold by
Best Justine
Bought by
Balardo David J
Seller's Agent
Richard Trivett
Quantified Investment Group
Buyer's Agent
Ronald Monk Boyer
ERA Brokers Consolidated
List Price
$274,800
Sold Price
$290,000
Premium/Discount to List
$15,200
5.53%
Current Estimated Value
$531,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,508
Avg. Annual Appreciation
8.23%

Purchase Details

Listed on
Jun 1, 2018
Closed on
Jul 12, 2018
Sold by
Heidner Robert E and Heidner Phyllis M
Bought by
Balardo David J and Missios Efthimios
Seller's Agent
Richard Trivett
Quantified Investment Group
Buyer's Agent
Ronald Monk Boyer
ERA Brokers Consolidated
List Price
$274,800
Sold Price
$290,000
Premium/Discount to List
$15,200
5.53%

Purchase Details

Closed on
May 6, 2003
Sold by
Heldner Robert Eugene and Heldner Phyllis Marian
Bought by
Heldner Robert E and Heldner Phyllis M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 21, 1995
Sold by
Heidner Robert E and Heidner Robert Eugene
Bought by
Heidner Robert Eugene and Heidner Phyllis Marian
Source: Public Records
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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
Balardo David J -- Stewart Title Company F
Missios Efthimios -- Stewart Title Company F
Balardo David J $290,000 Stewart Title Company F
Heldner Robert E -- First American Title Company
Heidner Robert Eugene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heldner Robert E $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2018 07/31/18 Sold $290,000 +5.5% $93 / Sq Ft
07/01/2018 07/01/18 Pending -- -- --
06/01/2018 06/01/18 For Sale $274,800 -- $88 / Sq Ft
Source: Las Vegas REALTORS®

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
2026 $2,492 $84,900 $36,750 $48,150
2025 $2,370 $84,874 $35,700 $49,174
2024 $2,294 $84,874 $35,700 $49,174
2023 $2,294 $87,889 $41,300 $46,589
2022 $2,124 $75,457 $30,800 $44,657
2021 $1,967 $71,080 $28,000 $43,080
2020 $1,823 $69,919 $26,250 $43,669
2019 $1,709 $63,046 $19,250 $43,796
2018 $1,631 $60,916 $18,200 $42,716
2017 $1,780 $59,038 $17,500 $41,538
2016 $1,527 $57,260 $14,000 $43,260
2015 $1,523 $54,083 $11,200 $42,883
2014 $1,476 $48,549 $11,200 $37,349
Source: Public Records

Agents Affiliated with this Home

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Source: Las Vegas REALTORS®

MLS Number: 1998607

Las Vegas REALTORS®

APN: 161-08-610-008

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