NOT LISTED FOR SALE

Las Vegas, NV 89108

Michael Way Neighborhood

Estimated Value: $814,286 - $1,058,000

8 Beds
8 Baths
4,760 Sq Ft
$193/Sq Ft Est. Value

Last Sold May 09, 2022

Last sale price $775,000 $163 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,192/month

42 Days on Market

Highlights

  • Community Pool
  • Patio
  • Laundry Room
  • Balcony
  • Community Playground
  • Storage

About This Home

As of May 2022

Don't miss this great investment!!!! GREAT TENANTS PAY ON TIME!!! Fourplex with four units, two bedrooms, and two baths. Laundry area in each unit.In a desirable area Right by the pool!!! Assigned covered parking, pool, spa, separate storage room for each unit. HOA maintains the common grounds (a total of fifteen buildings). Long-term tenants paying under the market rent. Beautiful units!!! Income/rents are based on proforma.

Last Agent to Sell the Property

Rena Levy

Global Time Realty Brokerage Phone: 702-359-0808 License #B.0035249 Listed on: 02/25/2022

Last Buyer's Agent

Mark Kaisi

Mega Realty License #B.0072685

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,897

Year Built

  • Built in 1998

Lot Details

  • 1,000 Sq Ft Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,760 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Storage

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Additional Features

  • Rock Spgs Vista Unit #11 Subdivision
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,897

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.023
  • Subdivision Name: Rock Spgs Vista Unit #11
  • Directions: From West Lake Mead/I95, East on Lake Mead, L(North)at James Bilbray, L at Balazar, immediate Right into Complex, follow the parking lot around to the North end. UNITS FACE POOL
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1998
  • ResoPropertyType: Residential
  • Attribution Contact: 702-359-0808
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1998

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Disposal, Oven, Range, Refrigerator, Washer
  • Flooring: Carpet, Tile
  • Interior Amenities: Storage
  • Living Area: 4760.0
  • Window Features: Blinds

Exterior Features

  • Construction Type: Stucco
  • Patio And Porch Features: Balcony, Patio
  • Property Condition: Good Condition, Resale
  • Roof: Tile

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Laundry Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Playground, Pool, Spa/Hot Tub, Storage, Cable TV

Lot Info

  • Lot Size Sq Ft: 1000.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 2897.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2018
Sold by
Gour Michel and Gour Edie
Bought by
Emg Properties Llc Series 2217 James Bil
Current Estimated Value
$918,322

Purchase Details

Closed on
May 29, 2018
Sold by
Gour Michel
Bought by
Tiramisu Trust

Purchase Details

Listed on
Sep 17, 2016
Closed on
Jan 9, 2017
Sold by
Pelleg Ady Bat Sheva
Bought by
Pelleg Roy
Seller's Agent
Francine Mevorach
Home Property Management & Rea
Buyer's Agent
Sasha Terry
LPT Realty, LLC
List Price
$349,000
Sold Price
$330,000
Premium/Discount to List
-$19,000
-5.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.42%

Purchase Details

Listed on
Sep 17, 2016
Closed on
Jan 6, 2017
Sold by
Pelleg Roy
Bought by
Gour Michel and Gour Edie
Seller's Agent
Francine Mevorach
Home Property Management & Rea
Buyer's Agent
Sasha Terry
LPT Realty, LLC
List Price
$349,000
Sold Price
$330,000
Premium/Discount to List
-$19,000
-5.44%

Purchase Details

Closed on
Feb 11, 2015
Sold by
Pelleg Adu Bat Sheva
Bought by
Pelleg Roy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.6%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 14, 2015
Sold by
Hoffman Jeanette
Bought by
Hoffman Omer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.6%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 1, 2014
Sold by
Hoffman Omer
Bought by
Pelleg Roy

Purchase Details

Closed on
Aug 14, 2012
Sold by
Hoffman Jeanette
Bought by
Hoffman Omer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.56%
Mortgage Type
Unknown

Purchase Details

Listed on
Feb 16, 2012
Closed on
May 25, 2012
Sold by
Ros Nancy L and Su Anne
Bought by
Hoffman Omer
Seller's Agent
Robbie Jenkins
Costello Realty & Mgmt
Buyer's Agent
Robbie Jenkins
Costello Realty & Mgmt
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.56%

Purchase Details

Closed on
Aug 8, 2006
Sold by
Ros Nancy L and Su Anne
Bought by
Ros Nancy L and Trieu May

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
1.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 8, 2005
Sold by
Lee Minh
Bought by
Lee Christy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
6.9%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 4, 2005
Sold by
Viana Antonio O and Viana Laura S
Bought by
Ros Nancy L and Su Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
6.9%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 26, 2002
Sold by
Summer Villas At Balzar Llc
Bought by
Viana Antonio O and Viana Laura S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,900
Interest Rate
6.8%

Purchase Details

Closed on
Dec 30, 1999
Sold by
Summer Villas At Balzar Llc
Bought by
Durant Leo N and Niel Dexter L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,999
Interest Rate
4.35%
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
Emg Properties Llc Series 2217 James Bil -- None Available
Tiramisu Trust -- None Available
Pelleg Roy -- Fidelity National Title
Gour Michel $330,000 Fidelity National Title
Pelleg Roy -- Chicago Title Las Vegas
Hoffman Omer -- Chicago Title Las Vegas
Pelleg Roy $180,000 None Available
Hoffman Omer -- Fidelity National Title Las
Hoffman Omer $150,000 Ticor Title Las Vegas
Ros Nancy L -- Fidelity National Title
Lee Christy -- Accudata Title Llc
Ros Nancy L $530,000 Accudata Title Llc
Viana Antonio O $359,900 --
Durant Leo N $256,999 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pelleg Roy $90,000
Previous Owner Hoffman Omer $300,000
Previous Owner Ros Nancy L $395,000
Previous Owner Ros Nancy L $367,500
Previous Owner Viana Antonio O $144,900
Previous Owner Durant Leo N $256,999
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/09/2022 05/09/22 Sold $775,000 0.0% $163 / Sq Ft
04/09/2022 04/09/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $775,000 +134.8% $163 / Sq Ft
01/11/2017 01/11/17 Sold $330,000 -5.4% $69 / Sq Ft View Prior Sale
12/12/2016 12/12/16 Pending -- -- --
09/17/2016 09/17/16 For Sale $349,000 +132.7% $73 / Sq Ft
06/11/2012 06/11/12 Sold $150,000 0.0% $32 / Sq Ft View Prior Sale
05/12/2012 05/12/12 Pending -- -- --
02/16/2012 02/16/12 For Sale $150,000 -- $32 / 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 $3,648 $186,336 $57,400 $128,936
2024 $3,378 $186,336 $57,400 $128,936
2023 $3,378 $195,015 $72,800 $122,215
2022 $3,128 $178,720 $63,000 $115,720
2021 $2,897 $166,281 $56,000 $110,281
2020 $2,687 $153,291 $43,400 $109,891
2019 $2,518 $142,187 $39,200 $102,987
2018 $2,376 $110,465 $22,400 $88,065
2017 $3,208 $97,864 $18,375 $79,489
2016 $2,224 $81,727 $15,400 $66,327
2015 $2,219 $65,548 $14,000 $51,548
2014 $2,150 $63,770 $21,000 $42,770
Source: Public Records

Agents Affiliated with this Home

  • Rena Levy

    Seller's Agent in 2022

    Rena Levy

    Global Time Realty

    (702) 612-7099

    1 in this area

    28 Total Sales

    Rena Levy
    Section Image

  • M

    Buyer's Agent in 2022

    Mark Kaisi

    Mega Realty

    (702) 300-7312

    1 in this area

    3 Total Sales

    Mark Kaisi
    Section Image

  • F

    Seller's Agent in 2017

    Francine Mevorach

    Home Property Management & Rea

    (702) 331-4441

    1 in this area

    22 Total Sales

    Francine Mevorach
    Section Image
  • Sasha Terry

    Buyer's Agent in 2017

    Sasha Terry

    LPT Realty, LLC

    (702) 306-0776

    1 in this area

    202 Total Sales

    Sasha Terry
    Section Image

  • R

    Seller's Agent in 2012

    Robbie Jenkins

    Costello Realty & Mgmt

    (702) 379-0955

    8 Total Sales

    Robbie Jenkins
    Section Image
See All Agents

Source: Las Vegas REALTORS®

MLS Number: 2373996

Las Vegas REALTORS®

APN: 138-23-124-069

Nevada Clark County Las Vegas 89108

Michael Way

This home since 25 February 2022 and is currently estimated at $918,322, approximately $192 per square foot. This property was built in 1998. This home is a home located in Clark County with nearby schools including Lilly & Wing Fong Elementary School, J. Harold Brinley Middle School, and Cimarron Memorial High School.

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