NOT LISTED FOR SALE

Estimated Value: $439,289 - $615,000

16 Beds
16 Baths
3,432 Sq Ft
$145/Sq Ft Est. Value

Last Sold August 14, 2015

Last sale price $195,000 $57 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $2,827/month

113 Days on Market

Highlights

  • Central Heating and Cooling System
  • Carpet
  • 1-Story Property

About This Home

As of August 2015

GREAT RENTAL INCOME PROPERTY. ALL 4 UNITS ARE 2 BEDS AND 2 BATHS.

Last Agent to Sell the Property

Matthew Doolin

Lyons Share Real Estate License #S.0059007 Listed on: 03/23/2015

Last Buyer's Agent

Matthew Doolin

Lyons Share Real Estate License #S.0059007 Listed on: 03/23/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,516

Year Built

  • Built in 1996

Lot Details

  • 0.34

Parking

  • 8 Parking Spaces

Home Design

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

Interior Spaces

  • 3,432 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Disposal

Additional Features

  • Property is in good condition
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 17 / 10

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Calvada Valley Subdivision

Building Details

  • Maintenance Expense $1,500
  • Professional Management Expense $2,856

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,516

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • CapRate: 11.4
  • Professional Management Expense: 2856.0
  • Subdivision Name: CALVADA VALLEY
  • Directions: FROM VEGAS TAKE HIGHWAY 160 TO PAHRUMP * TURN LEFT ON HIGHWAY 372 * TURN LEFT ON RED BUTTE TO PROPERTY *
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1996
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1
  • Year Built: 1996

Interior Features

  • Number Of Buildings: 2
  • Appliances: Disposal
  • Flooring: Carpet
  • Interior Amenities: None

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 657.0

Condo/Co-op/Association

  • Amenities: None

Lot Info

  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 28274.0
  • Insurance Expense: 1500.0
  • Maintenance Expense: 1500.0
  • Annual Operating Expense: 4450.0

Tax Info

  • Tax Block: 10
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2015
Closed on
Aug 25, 2015
Sold by
Gottschalk Nathalie and Gottschalk Johannes
Bought by
Gottschalk Johannes and 1090 Red Butte St Grantor Trust
Seller's Agent
Matthew Doolin
Lyons Share Real Estate
Buyer's Agent
Matthew Doolin
Lyons Share Real Estate
List Price
$209,000
Sold Price
$195,000
Premium/Discount to List
-$14,000
-6.7%
Current Estimated Value
$496,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,572
Avg. Annual Appreciation
9.58%

Purchase Details

Closed on
May 11, 2015
Sold by
Pyles Leonard
Bought by
Gottschalk Johannes and Gottschalk Nathalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2010
Sold by
Lovell Carl E
Bought by
The Ruth Pyles Blasczak Family Trust

Purchase Details

Closed on
Nov 19, 2009
Sold by
Pyles Blasczak Ruth
Bought by
The Ruth Pyles Blasczak Family Trust
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
Gottschalk Johannes -- None Available
Gottschalk Johannes $195,000 Fidelity National Tit
The Ruth Pyles Blasczak Family Trust -- None Available
The Ruth Pyles Blasczak Family Trust -- None Available
The Ruth Pyles Blasczak Family Trust -- None Available
The Ruthpyles Blasczak Family Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gottschalk Johannes $136,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2015 08/14/15 Sold $195,000 -6.7% $57 / Sq Ft
07/15/2015 07/15/15 Pending -- -- --
03/23/2015 03/23/15 For Sale $209,000 -- $61 / 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 $2,516 $87,242 $2,988 $84,254
2024 $2,516 $91,325 $2,988 $88,337
2023 $2,516 $78,763 $2,988 $75,775
2022 $2,166 $75,137 $2,988 $72,149
2021 $2,014 $72,700 $2,390 $70,310
2020 $1,935 $71,500 $2,390 $69,110
2019 $1,815 $88,353 $2,390 $85,963
2018 $1,735 $85,028 $1,912 $83,116
2017 $1,639 $68,094 $1,912 $66,182
2016 $1,599 $48,110 $1,912 $46,198
2015 $1,596 $44,480 $1,912 $42,568
2014 $1,548 $48,132 $1,912 $46,220
Source: Public Records

Agents Affiliated with this Home

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Source: Las Vegas REALTORS®

MLS Number: 1525663

Las Vegas REALTORS®

APN: 39-473-03