NOT LISTED FOR SALE

Las Vegas, NV 89101

Downtown Las Vegas Neighborhood

Estimated Value: $406,752 - $729,000

8 Beds
4 Baths
3,500 Sq Ft
$183/Sq Ft Est. Value

Last Sold October 16, 2012

Last sale price $120,000 $34 Per Sq Ft

Est. 435% increase in value since last sale

Current estimated payment $3,569/month

99 Days on Market

About This Home

As of October 2012

4plex fully occupied great op for owner occupied or invester

Last Agent to Sell the Property

Richard Bustos

Vegas One Realty License #S.0029600 Listed on: 06/08/2012

Last Buyer's Agent

Nora Aguirre

Century 21 Americana License #BS.0146866

Century 21 Americana

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,200

Year Built

  • Built in 1981

Lot Details

  • 6,534 Sq Ft Lot
  • Property is in good condition

Parking

  • 7 Parking Spaces

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 3,500 Sq Ft Home
  • 2-Story Property
  • Carpet

Kitchen

  • Oven
  • Range

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 5

Community Details

Overview

  • 2 Units
  • Stratton Gardens Subdivision

Building Details

  • Maintenance Expense $120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,200

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • CapRate: 15.8
  • Subdivision Name: STRATTON GARDENS
  • Directions: Owen & Eastern West to 21St South to 1316
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1981
  • ResoPropertyType: Residential
  • Special Features: 12
  • Stories: 2
  • Year Built: 1981

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oven, Range, Refrigerator
  • Flooring: Carpet, Other
  • Interior Amenities: None

Exterior Features

  • Construction Type: Stucco
  • Property Condition: Good Condition, Resale
  • Roof: Flat

Garage/Parking

  • Total Parking Spaces: 7.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 120.0

Condo/Co-op/Association

  • Amenities: None

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 21600.0
  • Insurance Expense: 400.0
  • Maintenance Expense: 120.0
  • Annual Operating Expense: 2640.0

Tax Info

  • Tax Annual Amount: 1200.0
  • Tax Block: 0
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2012
Closed on
Nov 30, 2012
Sold by
Martinez Gerardo and Martinez Lisa C
Bought by
The Heritage Family Trust
Seller's Agent
Richard Bustos
Vegas One Realty
Buyer's Agent
Nora Aguirre
Century 21 Americana
List Price
$120,000
Sold Price
$120,000
Current Estimated Value
$641,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$521,438
Avg. Annual Appreciation
13.78%

Purchase Details

Listed on
Jun 8, 2012
Closed on
Sep 26, 2012
Sold by
Garcia Marco Antonio and Garcia Guadalupe
Bought by
Martinez Gerardo and Martinez Lisa C
Seller's Agent
Richard Bustos
Vegas One Realty
Buyer's Agent
Nora Aguirre
Century 21 Americana
List Price
$120,000
Sold Price
$120,000

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
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 1997
Sold by
Montenegro Robert T and Montenegro Zori
Bought by
Garcia Marco Antonio and Garcia Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
7.36%
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
The Heritage Family Trust -- None Available
Martinez Gerardo $120,000 North American Title Main
Garcia Marco Antonio $140,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Gerardo $90,000
Previous Owner Garcia Marco Antonio $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2012 10/16/12 Sold $120,000 0.0% $34 / Sq Ft
09/16/2012 09/16/12 Pending -- -- --
06/08/2012 06/08/12 For Sale $120,000 -- $34 / 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 $1,846 $87,574 $42,000 $45,574
2024 $1,710 $87,574 $42,000 $45,574
2023 $1,710 $95,232 $51,800 $43,432
2022 $1,584 $79,735 $37,800 $41,935
2021 $1,467 $71,980 $31,500 $40,480
2020 $1,359 $69,225 $28,000 $41,225
2019 $1,274 $65,250 $23,800 $41,450
2018 $1,215 $58,749 $18,200 $40,549
2017 $1,739 $53,036 $11,900 $41,136
2016 $1,138 $52,799 $9,800 $42,999
2015 $1,138 $47,572 $9,100 $38,472
2014 $1,102 $49,771 $7,000 $42,771
Source: Public Records

Agents Affiliated with this Home

  • Richard Bustos

    Seller's Agent in 2012

    Richard Bustos

    Vegas One Realty

    (702) 496-1408

    44 Total Sales

    Richard Bustos
    Section Image
  • Nora Aguirre

    Buyer's Agent in 2012

    Nora Aguirre

    Century 21 Americana

    (702) 710-1455

    19 in this area

    661 Total Sales

    Nora Aguirre
    Section Image
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Source: Las Vegas REALTORS®

MLS Number: 1257424

Las Vegas REALTORS®

APN: 139-26-511-005

Nevada Clark County Las Vegas 89101

Downtown Las Vegas

This home since 08 June 2012 and is currently estimated at $641,438, approximately $183 per square foot. This property was built in 1981. This home is a home located in Clark County with nearby schools including Robert Lunt Elementary School, J.D. Smith Middle School, and Rancho High School.

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