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704 West Adams Avenue

704 West Adams Avenue, Las Vegas, NV 89106
Multifamily in West Las Vegas
Sold Dec 06, 2023
$5,828,688
$3,455,000 by Mountain America Fcu
Mortgage
Sold Nov 16, 2021
$600,000
$508,000 by Lantzman Management Inc
Mortgage Due Dec 01, 2022
704 West Adams Avenue has been categorized by the local assessors in Las Vegas, NV as a residential type of property. The building on the property was first built in 1949 and is 75 years old. The home has a total of 9 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 704 West Adams Avenue has 1,205 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,970 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a triplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as fair. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The roof of the building is made of asphalt and ply sheets in a built-up roof style. The exterior walls of the building are made of a combination of material. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with a evaporative cooler at the moment. In terms of heating, it is utilizing floor/wall heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 704 West Adams Avenue was last sold in Nov 30, 2023 for $5,828,688. According to our calculations, that's $4,837.09 per sqft. Prior to that sales transaction, the property was sold for $600,000 in Nov 9, 2021. Current property owners are expected to pay $485 in taxes per year. The property on 704 West Adams Avenue was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $39,546. To break that down further, the land itself was valued at $29,400. While improvements to the property were assessed at a total of $10,146. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Block Exterior
Stucco Exterior
Wood Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 15
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Triplex
  • Exterior Walls Type: Combination
  • Roof Cover Type: Built-up
  • Floor Count: 2
  • Living Units: 1
  • Business/Commerical Units Count: 3
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 1,205
  • Gross Building Area: 1,205
  • Building Area: 1,205
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Evaporative cooler
  • Heating: Floor/wall
  • Heated Square Feet: 1,205
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: H F M & M ADD
  • Land Acres: 0.16
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: H F M & M ADD PLAT BOOK 1 PAGE 47 LOT 5 BLOCK 31

Ownership

  • Current Owner : ALPHA PLEXES LLC
  • Previous Owner : J M PROPERTIES LLC
  • Owner Before Previous Owner: LAS VEGAS OTH INC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Clark County School District
  • Census Tract: 000301

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: 139-027
  • District: LV
  • Parcel: 139-27-210-142
  • Block: 31
  • Lot: 5
  • Meridian: SEC 27 TWN 20S RNG 61E
  • Municipality: LAS VEGAS CITY
  • Latitude: 36.1821
  • Longitude: -115.151

    Address

  • Full Address: 704 W Adams Ave
  • Address - House Number: 704
  • Street Direction: W
  • Address - Street Name: Adams
  • Address - Suffix Type: Ave
  • State: NV
  • City Name: Las Vegas
  • Carrier Code: C036
  • 4-Digit Zip Code: 3383
  • Zip Code: 89106

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $485
  • Tax Rate Code Area: 214

    Appraisal Valuation

  • Standard Deviation: 0.1735
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 77
  • Final Value: 414,496
  • High Value: 486,439
  • Low Value: 342,554

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,455,000
  • First Open Lien Mortgage Lender: MOUNTAIN AMERICA FCU
  • First Open Lien Mortgage Recording Date: Dec 06, 2023
  • First Open Lien Mortgage Loan Amount: $3,455,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $77,771
  • Market Land Value: $50,000
  • Market Improvement Value: $27,771

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $39,546
  • Assessed Land Value: $29,400
  • Assessed Improvements Value: $10,146

    Sales

  • Current Sale Contract Date: Nov 30, 2023
  • Current Sale Recording Date: Dec 06, 2023
  • Current Sale Transaction ID: 11917629839
  • Current Sale Price: $5,828,688
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 1039
  • Previous Sale Recording Date: Nov 16, 2021
  • Previous Sale Contract Date: Nov 09, 2021
  • Previous Sale Amount: $600,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOUNTAIN AMERICA FCU
  • First Mortgage Transaction Date: Dec 06, 2023
  • First Mortgage Loan Amount: $3,455,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: LANTZMAN MANAGEMENT INC
  • Previous Mortgage Transaction Date: Nov 16, 2021
  • Previous Mortgage Loan Amount: $508,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2022

About West Las Vegas



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Nearby Rentals

Unit for rent at

$1,500 /mo

  • 2 Beds
  • 1 Bath
  • 720 ft²
Listing by Jason Mattson
Unit for rent at

$1,750 /mo

  • 3 Beds
  • 2 Baths
  • 1,385 ft²
Listing by Manager
Unit for rent at

$1,500 /mo

  • 1 Bed
  • 1 Bath
  • 2,970 ft²
Listing by Jamie A Griffin
Unit for rent at

$1,700 /mo

  • 3 Beds
  • 2 Baths
  • 1,309 ft²
Listing by Jason Mattson
Unit for rent at

$1,600 /mo

  • 3 Beds
  • 2 Baths
  • 4,152 ft²
Listing by Brian Goodman
Unit for rent at

$1,650 /mo

  • 3 Beds
  • 2 Baths
  • 1,120 ft²
Listing by Manager
Unit for rent at

$1,508 /mo

  • 1 Bed
  • 1 Bath
  • 550 ft²
Listing by Siegel Suites - MLK

Frequently Asked Questions

What neighborhood is 704 West Adams Avenue located in?
The 704 West Adams Avenue is a multifamily located in the neighborhood of West Las Vegas in West Las Vegas, Las Vegas.
What is the average sales price for listings in 704 West Adams Avenue?
The average sales price for units in 704 West Adams Avenue is $600,000 , or $498/sqft. currently.

Nearby Counties
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