NOT LISTED FOR SALE

North Las Vegas, NV 89030

Downtown North Las Vegas Neighborhood

Estimated Value: $459,000 - $672,000

8 Beds
4 Baths
3,244 Sq Ft
$173/Sq Ft Est. Value

Last Sold December 08, 2016

Last sale price $219,900 $68 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $3,211/month

14 Days on Market

Highlights

  • Balcony
  • Central Heating
  • Wood Siding
  • Ceramic Tile Flooring

About This Home

As of December 2016

Great start-up investment property in desirable rental area. Low turnover. Additional rental revenue from the laundry service. 100% occupied, turnkey with a positive Cash flow. High demand units and vacancies fill quickly. Units rents for $525 monthly. Newer kitchen cabinets with granite counter tops in 3 of the 4 units. Plenty of parking, building is set back on the property. DRIVE BY ONLY!! Please do not disturb tenants. Property can also be sold as a package deal together with 1404, 1409, 1413 Henry Dr. and 2222 Daley St. Properties can also be bought separately.

Last Agent to Sell the Property

George Anaya

Love Las Vegas Realty License #S.0058575 Listed on: 10/24/2016

Last Buyer's Agent

Nilda Williams

Vegas International Properties License #S.0023028

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,247

Year Built

  • Built in 1981

Lot Details

  • 7,405 Sq Ft Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,244 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven
  • Range with Range Hood
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 8 Parking Spaces
  • Assigned Parking

Outdoor Features

  • Balcony

Utilities

  • Central Heating
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Arrowhead Acres Tract Subdivision
  • Maintenance Expense $600

Listing and Financial Details

  • Tenant pays for electricity

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,247

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Subdivision Name: ARROWHEAD ACRES TRACT
  • Directions: Lake Mead and Civic Center, West on Lake Mead, North on Daley and property on east side of street
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1981
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2
  • Year Built: 1981

Interior Features

  • Number Of Buildings: 1
  • Appliances: Exhaust Fan, Electric Water Heater, Disposal, Oven, Range, Refrigerator, Range Hood
  • Flooring: Carpet, Ceramic Tile

Exterior Features

  • Construction Type: Stucco, Wood Siding
  • Patio And Porch Features: Balcony
  • Property Condition: Good Condition, Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 8.0

Utilities

  • Heating: Central, Electric
  • Heating Yn: Yes
  • Annual Utilities Expense: 1500.0

Condo/Co-op/Association

  • Amenities: Cable TV

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 7405.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 1
  • Insurance Expense: 800.0
  • Maintenance Expense: 600.0
  • Annual Operating Expense: 2520.0

Tax Info

  • Tax Annual Amount: 1247.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2016
Closed on
Dec 5, 2016
Sold by
Ascosta Antonio Vazquez
Bought by
Vazquez Laura
Seller's Agent
George Anaya
Love Las Vegas Realty
Buyer's Agent
Nilda Williams
Vegas International Properties
List Price
$219,900
Sold Price
$219,900
Current Estimated Value
$555,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,767
Avg. Annual Appreciation
11.26%
Original Mortgage
$164,925
Outstanding Balance
$134,371
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$420,296

Purchase Details

Closed on
Sep 16, 2013
Sold by
Pearl Investment Properties Llc
Bought by
Pearl Investment Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.46%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 19, 2010
Sold by
Sy Blake F
Bought by
Pearl Investment Properties Llc

Purchase Details

Closed on
Dec 9, 2010
Sold by
Chavez Carlos
Bought by
Sy Blake F

Purchase Details

Closed on
Feb 15, 2007
Sold by
Chavez Carlos and Chavez Carlos Osorio
Bought by
Chavez Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 1998
Sold by
Chavez Carlos Osorio
Bought by
Chavez Carlos O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,968
Interest Rate
6.6%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 21, 1996
Sold by
Tomjack Reed R
Bought by
Chavez Carlos Osorio and Murillo Eustolio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,083
Interest Rate
8.2%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Vazquez Laura -- Ticor Title Las Vegas
Pearl Investment Properties Llc -- None Available
Pearl Investment Properties Llc $99,000 National Title Company
Sy Blake F $86,100 National Title Company
Chavez Carlos -- Fidelity National Title
Chavez Carlos O -- Fidelity National Title
Chavez Carlos Osorio $145,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vazquez Laura $164,925
Previous Owner Pearl Investment Properties Llc $60,000
Previous Owner Chavez Carlos $231,000
Previous Owner Chavez Carlos O $143,968
Previous Owner Chavez Carlos Osorio $140,083
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2016 12/08/16 Sold $219,900 0.0% $68 / Sq Ft
11/08/2016 11/08/16 Pending -- -- --
10/24/2016 10/24/16 For Sale $219,900 -- $68 / 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 $2,022 $86,133 $43,750 $42,383
2024 $1,872 $86,133 $43,750 $42,383
2023 $1,247 $85,903 $45,500 $40,403
2022 $1,734 $75,825 $36,750 $39,075
2021 $1,606 $67,484 $29,750 $37,734
2020 $1,488 $65,751 $27,300 $38,451
2019 $1,395 $61,424 $22,750 $38,674
2018 $1,331 $58,819 $21,000 $37,819
2017 $1,815 $54,105 $15,750 $38,355
2016 $1,247 $52,726 $12,600 $40,126
2015 $1,243 $48,636 $8,750 $39,886
2014 $1,205 $42,619 $7,000 $35,619
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2016

    George Anaya

    Love Las Vegas Realty

    (702) 235-5886

    8 Total Sales

    Section Image
  • Nilda Williams

    Buyer's Agent in 2016

    Nilda Williams

    Vegas International Properties

    (702) 497-7356

    1 in this area

    53 Total Sales

    Section Image
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Source: Las Vegas REALTORS®

MLS Number: 1844650

Las Vegas REALTORS®

APN: 139-24-110-096

Nevada Clark County North Las Vegas 89030

Downtown North Las Vegas

This home since 24 October 2016 and is currently estimated at $559,667, approximately $172 per square foot. This property was built in 1981. This home is a home located in Clark County with nearby schools including Marion E. Cahlan Elementary School, Von Tobel Middle School, and Rancho High School.

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