NOT LISTED FOR SALE

Estimated Value: $296,000 - $367,000

2 Beds
2 Baths
1,020 Sq Ft
$316/Sq Ft Est. Value

Last Sold December 13, 2016

Last sale price $85,000 $83 Per Sq Ft

Est. 258% increase in value since last sale

Current estimated payment $1,721/month

45 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • 1-Story Property
  • Evaporated cooling system
  • Central Heating

About This Home

As of December 2016

LOOKING TO INVEST THIS IS PERFECT CASH FLOW, 2 UNITS 1 BEDROOM 1 BATHROOM....VERY LARGE LOT. CLOSE TO FREEWAY AND SHOPPING CENTER....NEEDS A LITTLE TLC BUT WELL WORTH THE RENTAL INCOME . NOT A SHORT SALE OR REO

Last Agent to Sell the Property

Ricardo Pichardo

LPT Realty, LLC License #S.0172024 Listed on: 09/28/2016

LPT Realty, LLC

Last Buyer's Agent

Admin Assistant

NON-MLS OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $395

Year Built

  • Built in 1955

Lot Details

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

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,020 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • Disposal

Parking

  • 4 Parking Spaces
  • Paved Parking

Utilities

  • Evaporated cooling system
  • Central Heating

Community Details

  • No Home Owners Association
  • Bellview Tract 2 Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$395

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Subdivision Name: BELLVIEW TRACT 2
  • Directions: FROM LAKE MEAD AND CIVIC CENTER * GO NORTH ON CIVIC CENTER *MAKE A LEFT ON NELSON PROPERTY IS ON THE RIGH
  • Architectural Style: Duplex
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: RESALE
  • Year Built: 1955
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1955

Interior Features

  • Number Of Buildings: 1
  • Appliances: Disposal
  • Flooring: Ceramic Tile

Exterior Features

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

Garage/Parking

  • Parking Features: Other, Paved
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Evaporative Cooling
  • Cooling Y N: Yes
  • Heating: Central, None, Other
  • Heating Yn: No
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 7841.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity, Gas, Sewer

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 395.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2016
Closed on
Dec 2, 2016
Sold by
Perez Cecilia Martinez
Bought by
Diaz Everardo G
Seller's Agent
Ricardo Pichardo
LPT Realty, LLC
Buyer's Agent
Admin Assistant
NON-MLS OFFICE
List Price
$124,500
Sold Price
$85,000
Premium/Discount to List
-$39,500
-31.73%
Current Estimated Value
$304,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,502
Avg. Annual Appreciation
16.66%
Original Mortgage
$10,000
Outstanding Balance
$8,105
Interest Rate
3.47%
Mortgage Type
Commercial
Estimated Equity
$314,607

Purchase Details

Listed on
Sep 28, 2016
Closed on
Nov 30, 2016
Sold by
Mendoza Kimbelin Mretinez
Bought by
Ruiz Jose
Seller's Agent
Ricardo Pichardo
LPT Realty, LLC
Buyer's Agent
Admin Assistant
NON-MLS OFFICE
List Price
$124,500
Sold Price
$85,000
Premium/Discount to List
-$39,500
-31.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Outstanding Balance
$8,105
Interest Rate
3.47%
Mortgage Type
Commercial
Estimated Equity
$314,607

Purchase Details

Listed on
Nov 24, 2014
Closed on
Jan 14, 2016
Sold by
Carrasco Isabel E
Bought by
Ruiz Jose
Seller's Agent
Jose Rodriguez
National Real Estate
Buyer's Agent
Giovanni Fernandez
National Real Estate
List Price
$74,900
Sold Price
$62,000
Premium/Discount to List
-$12,900
-17.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.65%
Original Mortgage
$50,000
Interest Rate
3.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 11, 2007
Sold by
Lagunas Jose
Bought by
Canchola Maria Elena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,910
Interest Rate
6.41%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 2, 2007
Sold by
M T Real Estate Investment Inc
Bought by
Canchola Maria Elena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,910
Interest Rate
6.41%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 8, 2007
Sold by
The Channel Of Light Truth Centers Inc
Bought by
M T Real Estate Investment Inc
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
Diaz Everardo G -- National Title Co
Ruiz Jose $85,000 National Title Co
Ruiz Jose -- Chicago Title Las Vegas
Mendoza Kimberlin Martinez -- Chicago Title Las Vegas
Mendoza Kimberlin Martinez $62,000 Chicago Title Las Vegas
Canchola Maria Elena -- Land Title Of Nevada
Canchola Maria Elena $200,000 Land Title Of Nevada
M T Real Estate Investment Inc $98,000 Land Title Of Nevada
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diaz Everardo G $10,000
Previous Owner Ruiz Jose $50,000
Previous Owner Canchola Maria Elena $196,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2016 12/13/16 Sold $85,000 -31.7% $83 / Sq Ft
11/13/2016 11/13/16 Pending -- -- --
09/28/2016 09/28/16 For Sale $124,500 +100.8% $122 / Sq Ft
03/07/2016 03/07/16 Sold $62,000 -17.2% $61 / Sq Ft
02/06/2016 02/06/16 Pending -- -- --
11/24/2014 11/24/14 For Sale $74,900 -- $73 / 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 $641 $41,526 $26,250 $15,276
2024 $594 $41,526 $26,250 $15,276
2023 $594 $39,557 $26,250 $13,307
2022 $550 $35,102 $22,750 $12,352
2021 $510 $29,161 $19,250 $9,911
2020 $471 $27,599 $17,500 $10,099
2019 $441 $23,783 $14,000 $9,783
2018 $421 $20,377 $11,200 $9,177
2017 $584 $17,399 $8,400 $8,999
2016 $395 $16,451 $7,700 $8,751
2015 $393 $15,458 $7,000 $8,458
2014 $381 $11,018 $4,900 $6,118
Source: Public Records

Agents Affiliated with this Home

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Source: Las Vegas REALTORS®

MLS Number: 1837581

Las Vegas REALTORS®

APN: 139-14-810-063