NOT LISTED FOR SALE

Estimated Value: $509,000 - $798,235

4 Beds
2.5 Baths
2,572 Sq Ft
$257/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $840,000 $327 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $3,788/month

58 Days on Market

Highlights

  • In Ground Pool
  • No HOA
  • Solar Screens
  • Furnished
  • 3 Car Attached Garage
  • 4-minute walk to Firefighters Memorial Park

About This Home

As of April 2024

6 figures yearly income! 11.7% CAP Rate! This home is the most popular Corporate Rental in the valley, according to VRBO. Comes fully furnished. Included in the sale is the business. Full Training and support after the sale, and all platforms and reviews used to advertise. Over 250 plus five Star reviews! Bookings into next year 2025! Just take over and start collecting money! Furnished house and business is $995k. Just the home furnished for $850k. This is the single best ROI investment property in it's price point on the MLS! Will not last!

Last Agent to Sell the Property

Joe Cervantes

Signature Real Estate Group Brokerage Phone: (702) 592-4563 License #S.0179146 Listed on: 01/01/2024

Last Buyer's Agent

Jennifer Lee

BHHS Nevada Properties License #S.0191685

BHHS Nevada Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,967

Year Built

  • Built in 1996

Lot Details

  • 0.31 Acre Lot
  • North Facing Home
  • Back Yard Fenced
  • Block Wall Fence
  • Drip System Landscaping
  • Property is in very good condition

Parking

  • 3 Car Attached Garage

Home Design

  • Tile Roof

Interior Spaces

  • 2,572 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Gas Fireplace
  • Solar Screens
  • Family Room with Fireplace
  • Tile Flooring

Kitchen

  • Built-In Gas Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Eco-Friendly Details

  • Sprinkler System

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Patio
  • Built-In Barbecue

Schools

  • Hancock Elementary School
  • Garside Frank F. Middle School
  • Bonanza High School

Utilities

  • Two cooling system units
  • Central Air
  • Multiple Heating Units
  • Heating System Uses Gas
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,967

Year Built

Built in 1996

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.31
  • Subdivision Name: none
  • Directions: from Sahara and Rainbow. East on Sahara. Left on Torrey Pines. Left on Obannon Dr. to property address.
  • Architectural Style: One Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Efficiency: Solar Screens
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1996
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: (702) 592-4563
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1996

Interior Features

  • Furnished: Furnished
  • Private Spa: Yes
  • Appliances: Built-In Gas Oven, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Other Equipment: Satellite Dish
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Tile
  • Interior Amenities: Primary Downstairs, None
  • Living Area: 2572.0

Exterior Features

  • Fencing: Block, Back Yard
  • Lot Features: 1/4 to 1 Acre Lot, Drip Irrigation/Bubblers
  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • Disclosures: Principal is Real Estate Licensed
  • Direction Faces: North
  • Exterior Features: Built-in Barbecue, Barbecue, Patio, Sprinkler/Irrigation
  • Patio And Porch Features: Patio
  • Property Condition: Resale, Very Good Condition
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage

Utilities

  • Laundry Features: Gas Dryer Hookup, Main Level
  • Cooling: Central Air, Electric, 2 Units
  • Cooling Y N: Yes
  • Heating: Gas, Multiple Heating Units
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No

Schools

  • Elementary School: Hancock, Doris,Hancock, Doris
  • High School: Bonanza
  • Middle Or Junior School: Garside Frank F.

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 13504.0
  • Additional Parcels Description: ---
  • Zoning Description: Multi-Family,Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5967.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2024
Closed on
Apr 10, 2024
Sold by
Thai Khanh-Long
Bought by
Hwang Ammie
Seller's Agent
Joe Cervantes
Signature Real Estate Group
Buyer's Agent
Jennifer Lee
BHHS Nevada Properties
List Price
$995,888
Sold Price
$840,000
Premium/Discount to List
-$155,888
-15.65%
Current Estimated Value
$662,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$177,941
Avg. Annual Appreciation
-13.00%
Original Mortgage
$630,000
Outstanding Balance
$620,694
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$41,365

Purchase Details

Listed on
Jan 1, 2024
Closed on
Apr 5, 2024
Sold by
Cervantes Joe and Cervantes Christina M
Bought by
Hwang Ammie
Seller's Agent
Joe Cervantes
Signature Real Estate Group
Buyer's Agent
Jennifer Lee
BHHS Nevada Properties
List Price
$995,888
Sold Price
$840,000
Premium/Discount to List
-$155,888
-15.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Outstanding Balance
$620,694
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$41,365

Purchase Details

Listed on
Jan 1, 2024
Closed on
Apr 4, 2024
Sold by
Nieves Kate E
Bought by
Nieves Henry Larry
Seller's Agent
Joe Cervantes
Signature Real Estate Group
Buyer's Agent
Jennifer Lee
BHHS Nevada Properties
List Price
$995,888
Sold Price
$840,000
Premium/Discount to List
-$155,888
-15.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Outstanding Balance
$620,694
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$41,365

Purchase Details

Listed on
Jan 1, 2024
Closed on
Mar 18, 2024
Sold by
Nieves Larry
Bought by
Cervantes Joe and Cervantes Christina M
Seller's Agent
Joe Cervantes
Signature Real Estate Group
Buyer's Agent
Jennifer Lee
BHHS Nevada Properties
List Price
$995,888
Sold Price
$840,000
Premium/Discount to List
-$155,888
-15.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Outstanding Balance
$620,694
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$41,365

Purchase Details

Closed on
Dec 4, 2023
Sold by
Cervantes Family Revocable Living Trust
Bought by
Nieves Larry

Purchase Details

Closed on
May 3, 2016
Sold by
Cervavtes Joseph
Bought by
The Cervantes Family Revocable Trust

Purchase Details

Closed on
Nov 7, 2006
Sold by
Johnson Stephen J and Ross Scott
Bought by
Cervantes Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
6.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 17, 2004
Sold by
Heese Mark R and Heese Sandra M
Bought by
Johnson Stephen J and Jolly Rebecca L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
2.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 19, 1998
Sold by
Heese Mark Richard and Heese Sandra Massey
Bought by
Heese Mark Richard and Heese Sandra Massey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.9%

Purchase Details

Closed on
Apr 10, 1996
Sold by
Heese Mark Richard and Heese Sandra Massey
Bought by
Heese Mark Richard and Heese Sandra Massey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
7.41%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hwang Ammie -- Equity Title
Hwang Ammie $840,000 Equity Title
Nieves Henry Larry -- Equity Title
Cervantes Joe $635,000 None Listed On Document
Nieves Larry $397,113 Equity Title
The Cervantes Family Revocable Trust -- None Available
Cervantes Joseph $635,000 Old Republic Title Co Of Nv
Johnson Stephen J $475,000 First American Title Co Of
Heese Mark Richard -- National Title Company
Heese Mark Richard -- National Title Company
Heese Mark Richard -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hwang Ammie $630,000
Closed Cervantes Joe $635,000
Previous Owner Cervantes Joseph $508,000
Previous Owner Johnson Stephen J $380,000
Previous Owner Heese Mark Richard $195,000
Previous Owner Heese Mark Richard $157,500
Closed Johnson Stephen J $47,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2024 04/12/24 Sold $840,000 -1.2% $327 / Sq Ft
02/28/2024 02/28/24 Pending -- -- --
02/01/2024 02/01/24 Price Changed $850,000 -14.6% $330 / Sq Ft
01/01/2024 01/01/24 For Sale $995,888 -- $387 / 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 $3,827 $151,121 $45,045 $106,076
2024 $5,967 $151,121 $45,045 $106,076
2023 $5,967 $143,907 $43,505 $100,402
2022 $3,282 $129,506 $37,345 $92,161
2021 $3,039 $122,556 $34,650 $87,906
2020 $2,819 $120,787 $33,495 $87,292
2019 $2,642 $114,908 $28,875 $86,033
2018 $2,521 $109,035 $25,760 $83,275
2017 $2,360 $110,482 $25,760 $84,722
2016 $2,360 $105,676 $20,930 $84,746
2015 $2,355 $99,330 $16,100 $83,230
2014 $2,282 $82,957 $10,063 $72,894
Source: Public Records

Agents Affiliated with this Home

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Source: Las Vegas REALTORS®

MLS Number: 2549625

Las Vegas REALTORS®

APN: 163-02-401-002