NOT LISTED FOR SALE

Estimated Value: $598,000 - $714,000

8 Beds
4 Baths
3,328 Sq Ft
$194/Sq Ft Est. Value

Last Sold March 04, 2022

Last sale price $550,000 $165 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,625/month

23 Days on Market

Highlights

  • Wood Flooring
  • Ceiling Fan
  • Wood Siding
  • Central Heating and Cooling System
  • Laundry Facilities

About This Home

As of March 2022

This is a great Investment income property centrally located. Close access to US 95 and downtown Las Vegas. Walking distance to mayor streets, restaurants , bus stop and much more. All Four 2 bedroom- 1 bath Units are currently rented with long term tenants. Two parking space per unit.

Last Agent to Sell the Property

Janet Sanchez

Go Global Realty Brokerage Phone: 702-778-1500 License #S.0046487 Listed on: 02/08/2022

Last Buyer's Agent

Xiaoming Zhu

United Realty Group License #S.0181135

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,862

Year Built

  • Built in 1983

Lot Details

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

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,328 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds

Kitchen

  • Oven
  • Range
  • Disposal

Flooring

  • Wood
  • Carpet

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 4 Units
  • Robin Manor Subdivision

Additional Features

  • Laundry Facilities
  • Professional Management Expense $2,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,862

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Professional Management Expense: 2400.0
  • Subdivision Name: Robin Manor
  • Directions: Take exit 77 for Rancho Dr toward US-95, Follow N Rancho Dr and R on Ernest May, R on to Pearson court
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1983
  • ResoPropertyType: Residential
  • Attribution Contact: 702-778-1500
  • Special Features: None
  • Stories: 2
  • Year Built: 1983

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Appliances: Disposal, Oven, Range, Refrigerator
  • Flooring: Carpet, Other, Wood
  • Interior Amenities: Ceiling Fan(s), None
  • Living Area: 3328.0
  • Window Features: Blinds

Exterior Features

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

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: 1644.0

Lot Info

  • Lot Size Sq Ft: 7841.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 50100.0
  • Insurance Expense: 980.0
  • Annual Operating Expense: 8254.0

Tax Info

  • Tax Annual Amount: 1862.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2022
Sold by
Zhu Xiaoming
Bought by
Jjh 2305 Pearson Llc
Current Estimated Value
$647,133

Purchase Details

Listed on
Feb 8, 2022
Closed on
Mar 4, 2022
Sold by
Melara Galeano Berta Maria
Bought by
Zhu Xiaoming
Seller's Agent
Janet Sanchez
Go Global Realty
Buyer's Agent
Xiaoming Zhu
United Realty Group
List Price
$450,000
Sold Price
$550,000
Premium/Discount to List
$100,000
22.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.60%
Original Mortgage
$330,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 6, 2018
Closed on
Jul 16, 2018
Sold by
Alvarez Berta Maria
Bought by
Alvarez Jose Israel
Seller's Agent
Nebiat Adhanom
BHHS Nevada Properties
Buyer's Agent
Eduardo Garcia
BHHS Nevada Properties
List Price
$299,000
Sold Price
$300,000
Premium/Discount to List
$1,000
0.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.23%
Original Mortgage
$225,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 6, 2018
Closed on
Jul 9, 2018
Sold by
Kumar Thankammal and Kumar Ashok
Bought by
Alvarez Jose Israel
Seller's Agent
Nebiat Adhanom
BHHS Nevada Properties
Buyer's Agent
Eduardo Garcia
BHHS Nevada Properties
List Price
$299,000
Sold Price
$300,000
Premium/Discount to List
$1,000
0.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2007
Sold by
Kumar Thankammal
Bought by
Kumar Thankammal and Kumar Ashok

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2005
Sold by
Sen Vijay and Sen Sushil
Bought by
Kumar Thankammal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,400
Interest Rate
5.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 6, 2005
Sold by
Sreekumar Babu
Bought by
Kumar Thankammal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,400
Interest Rate
5.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 24, 2004
Sold by
Simons Quay M and Simons Carol
Bought by
Sen Vijay and Sen Sushil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5.62%
Mortgage Type
Unknown
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
Jjh 2305 Pearson Llc -- --
Zhu Xiaoming $550,000 Lawyers Title
Alvarez Jose Israel -- Equity Title Of Nevada
Alvarez Jose Israel $300,000 Equity Title Of Nevada
Kumar Thankammal -- None Available
Kumar Thankammal $356,000 Fidelity National Title
Kumar Thankammal -- Fidelity National Title
Sen Vijay $275,000 Equity Title Of Nevada
Simons Quay M -- Equity Title Of Nevada
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zhu Xiaoming $330,000
Previous Owner Alvarez Jose Israel $225,000
Previous Owner Kumar Thankammal $272,000
Previous Owner Kumar Thankammal $320,400
Previous Owner Sen Vijay $216,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/04/2022 03/04/22 Sold $550,000 +22.2% $165 / Sq Ft
02/08/2022 02/08/22 For Sale $450,000 +50.0% $135 / Sq Ft
07/20/2018 07/20/18 Sold $300,000 +0.3% $90 / Sq Ft View Prior Sale
06/20/2018 06/20/18 Pending -- -- --
06/06/2018 06/06/18 For Sale $299,000 -- $90 / 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 $2,338 $91,348 $44,800 $46,548
2024 $2,165 $91,348 $44,800 $46,548
2023 $2,165 $79,083 $35,000 $44,083
2022 $2,005 $61,065 $18,550 $42,515
2021 $1,862 $56,694 $15,750 $40,944
2020 $1,846 $56,317 $14,700 $41,617
2019 $1,761 $54,003 $12,250 $41,753
2018 $1,680 $51,258 $10,500 $40,758
2017 $1,628 $49,652 $8,400 $41,252
2016 $1,587 $48,260 $5,250 $43,010
2015 $1,583 $47,235 $4,550 $42,685
2014 $1,549 $46,650 $4,550 $42,100
Source: Public Records

Agents Affiliated with this Home

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Source: Las Vegas REALTORS®

MLS Number: 2369276

Las Vegas REALTORS®

APN: 139-29-710-005