NOT LISTED FOR SALE

Estimated Value: $517,000 - $723,000

8 Beds
8 Baths
3,692 Sq Ft
$168/Sq Ft Est. Value

Last Sold June 30, 2017

Last sale price $230,000 $62 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $3,543/month

20 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Central Heating and Cooling System
  • Balcony

About This Home

As of June 2017

This is a great investment property for anyone that wants to own a Fourplex. Each unit has a washer & dryer hook up. It's located on a corner lot and fully occupied, with 3 on long term leases and 1 on month to month. It has been well maintained and is ready to own!

Last Agent to Sell the Property

Joshua Milonas

Magellan Realty License #B.0144120 Listed on: 05/10/2017

Last Buyer's Agent

Matt Suiter

BHHS Nevada Properties License #BS.0143717

BHHS Nevada Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,047

Year Built

  • Built in 1983

Lot Details

  • 8,276 Sq Ft Lot
  • Property is in good condition

Home Design

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

Interior Spaces

  • 3,692 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Parking

  • Paved Parking
  • Assigned Parking

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Sierra Sunrise #05A Subdivision

Building Details

  • Maintenance Expense $2,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,047

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • Subdivision Name: SIERRA SUNRISE #05A
  • Directions: From Lake Mead and Nellis go East on Lake Mead to Randwick, go North on Randwick to first street, East on Kilgore, North on Exeter to Kepler. Building is on the right.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1983
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2
  • Year Built: 1983

Interior Features

  • Number Of Buildings: 1
  • Flooring: Tile

Exterior Features

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

Garage/Parking

  • Parking Features: Assigned, Paved

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 1980.0

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 8276.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4
  • Maintenance Expense: 2400.0

Tax Info

  • Tax Annual Amount: 1047.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2017
Closed on
Jun 1, 2017
Sold by
Flagg Allen and Flagg Jana L
Bought by
Acosta Enrique
Seller's Agent
Joshua Milonas
Magellan Realty
Buyer's Agent
Matt Suiter
BHHS Nevada Properties
List Price
$239,900
Sold Price
$230,000
Premium/Discount to List
-$9,900
-4.13%
Current Estimated Value
$621,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,333
Avg. Annual Appreciation
12.41%
Original Mortgage
$237,590
Interest Rate
4.02%
Mortgage Type
VA

Purchase Details

Listed on
Jun 30, 2016
Closed on
Sep 8, 2016
Sold by
Vaca Jose H and Vaca Mercedes A
Bought by
Flagg Allen and Flagg Jana L
Seller's Agent
Oscar Saenz
Latin Realty and Management
Buyer's Agent
Edward Huslik
Elm Management Group LLC
List Price
$215,000
Sold Price
$210,000
Premium/Discount to List
-$5,000
-2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.20%

Purchase Details

Closed on
Feb 3, 2006
Sold by
Santillan Amy
Bought by
Vaca Jose H and Vaca Mercedes A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
7.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 17, 2004
Sold by
Bustamante Anastascio
Bought by
Santillan Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,150
Interest Rate
9.35%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 19, 2000
Sold by
Bustamante Maria
Bought by
Bustamante Anastacio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,348
Interest Rate
8.16%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 18, 2000
Sold by
Mitchell Clyde K and Mitchell Nancy E
Bought by
Bustamante Anastacio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,348
Interest Rate
8.16%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 3, 1997
Sold by
Allen Dennis R and Allen Geraldine K
Bought by
Mitchell Clyde K and Mitchell Nancy E
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
Acosta Enrique $230,000 Lawyers Title Of Nevada Cha
Flagg Allen $210,000 Wfg National Title Ins Co
Vaca Jose H $445,000 Lawyers Title Of Nevada
Santillan Amy $360,000 Lawyers Title Of Nevada
Bustamante Anastacio -- National Title Company
Bustamante Anastacio $197,000 National Title Company
Mitchell Clyde K $59,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Acosta Enrique $265,822
Closed Acosta Enrique $270,899
Closed Acosta Enrique $237,590
Previous Owner Vaca Jose H $305,000
Previous Owner Santillan Amy $339,150
Previous Owner Bustamante Anastacio $195,348
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2017 06/30/17 Sold $230,000 -4.1% $62 / Sq Ft
05/31/2017 05/31/17 Pending -- -- --
05/10/2017 05/10/17 For Sale $239,900 +14.2% $65 / Sq Ft
09/13/2016 09/13/16 Sold $210,000 -2.3% $57 / Sq Ft
08/14/2016 08/14/16 Pending -- -- --
06/30/2016 06/30/16 For Sale $215,000 -- $58 / 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 $1,698 $103,734 $48,300 $55,434
2024 $1,573 $103,734 $48,300 $55,434
2023 $1,573 $97,274 $44,800 $52,474
2022 $1,457 $89,311 $38,850 $50,461
2021 $1,349 $81,143 $32,550 $48,593
2020 $1,250 $75,434 $26,250 $49,184
2019 $1,171 $73,256 $23,800 $49,456
2018 $1,118 $66,537 $18,200 $48,337
2017 $1,756 $59,861 $11,025 $48,836
2016 $1,047 $54,774 $10,500 $44,274
2015 $1,046 $43,761 $8,400 $35,361
2014 $1,014 $38,810 $8,400 $30,410
Source: Public Records

Agents Affiliated with this Home

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Source: Las Vegas REALTORS®

MLS Number: 1895423

Las Vegas REALTORS®

APN: 140-23-115-019