NOT LISTED FOR SALE

Las Vegas, NV 89115

Estimated Value: $433,999 - $682,000

8 Beds
4 Baths
3,212 Sq Ft
$186/Sq Ft Est. Value

Last Sold April 17, 2015

Last sale price $190,000 $59 Per Sq Ft

Est. 214% increase in value since last sale

Current estimated payment $3,419/month

26 Days on Market

Highlights

  • Community Pool
  • Laundry Room
  • Central Heating and Cooling System
  • Community Playground
  • Landscaped
  • Ceiling Fan

About This Home

As of April 2015

HOA monthly fee of $574 mo includes exterior building maintenance (including roof) and building insurance. Also includes landscape maintenance, pool and spa, and security patrol. Fire place and full size washer and dryer in every unit. Management company offers on site leasing office and maintenance.

Last Agent to Sell the Property

Gary Martin

Marilisa de Barros License #B.0019465 Listed on: 02/19/2015

Last Buyer's Agent

Bridgette Villamor

Local Living Real Estate License #B.0145095

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,249

Year Built

  • Built in 1986

Lot Details

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

Parking

  • 4 Parking Spaces

Home Design

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

Interior Spaces

  • 3,212 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Carpet

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 11

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include insurance, ground maintenance, recreation facilities, reserve fund, sewer, security, trash
  • 2 Units
  • Lake Mead Villas Unit 1 Subdivision

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Building Details

  • Maintenance Expense $1,200
  • Professional Management Expense $2,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,249

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • CapRate: 7.87
  • Professional Management Expense: 2000.0
  • Subdivision Name: LAKE MEAD VILLAS UNIT 1
  • Directions: From Lake Mead and Lamb turn into Dwarf Star
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1986
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1986

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Washer
  • Flooring: Carpet, Resilient
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 3212.0
  • Window Features: Blinds

Exterior Features

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

Garage/Parking

  • Parking Features: Other
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Laundry Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 100.0

Condo/Co-op/Association

  • Amenities: Landscaping, Playground, Pool, Spa/Hot Tub
  • Association Fee: 574.0
  • Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Recreation Facilities, Reserve Fund, Sewer, Security, Trash

Lot Info

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

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 28500.0
  • Insurance Expense: 600.0
  • Maintenance Expense: 1200.0
  • Annual Operating Expense: 13159.0

Tax Info

  • Tax Annual Amount: 1249.0
  • Tax Block: 0
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2015
Closed on
Apr 1, 2015
Sold by
Robert B Cameron Living Trust
Bought by
Callister Daniel
Seller's Agent
Gary Martin
Marilisa de Barros
Buyer's Agent
Bridgette Villamor
Local Living Real Estate
List Price
$195,000
Sold Price
$190,000
Premium/Discount to List
-$5,000
-2.56%
Current Estimated Value
$596,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,500
Avg. Annual Appreciation
11.74%
Original Mortgage
$133,000
Outstanding Balance
$103,708
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$498,563

Purchase Details

Closed on
May 31, 1994
Sold by
Cameron Robert B
Bought by
Cameron Robert B and Robert B Cameron Living Trust
Source: Public Records

Range of Values:

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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
Callister Daniel $190,000 Equity Title Of Nevada
Cameron Robert B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Callister Daniel $133,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2015 04/17/15 Sold $190,000 -2.6% $59 / Sq Ft
03/18/2015 03/18/15 Pending -- -- --
02/19/2015 02/19/15 For Sale $195,000 -- $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 $2,096 $97,142 $42,350 $54,792
2024 $1,942 $97,142 $42,350 $54,792
2023 $1,293 $92,135 $40,600 $51,535
2022 $1,798 $82,589 $33,250 $49,339
2021 $1,665 $75,340 $28,000 $47,340
2020 $1,543 $73,088 $25,200 $47,888
2019 $1,446 $70,679 $22,750 $47,929
2018 $1,380 $63,455 $16,800 $46,655
2017 $1,807 $60,635 $14,525 $46,110
2016 $1,293 $60,413 $12,600 $47,813
2015 $1,289 $58,537 $11,200 $47,337
2014 $1,249 $41,124 $7,000 $34,124
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2015

    Gary Martin

    Marilisa de Barros

  • Bridgette Villamor

    Buyer's Agent in 2015

    Bridgette Villamor

    Local Living Real Estate

    (702) 203-9855

    3 in this area

    60 Total Sales

    Bridgette Villamor
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Source: Las Vegas REALTORS®

MLS Number: 1516976

Las Vegas REALTORS®

APN: 140-19-712-024

Nevada Clark County Las Vegas

89115

This home since 19 February 2015 and is currently estimated at $596,500, approximately $185 per square foot. This property was built in 1986. This home is a home located in Clark County with nearby schools including Manuel J. Cortez Elementary School, Mario C. & Joanne Monaco Middle School, and Desert Pines High School.

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