6861 Tamarus St 202 Las Vegas, NV 89119

2 beds · 2 baths · 957 sq ft · Lot Size: 6,558 sq ft · Residential Condominium
Est. Property Value: $272,540

High Demand Long-Term RentalOwned for 5 - 10 Years

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

6861 Tamarus St 202 is in the 89119 neighborhood of Las Vegas, NV. It is located in Clark County and ZIP code 89119. This Residential Condominium was built in 1990 and is approximately 35 years old. The residential condominium spans 957 sq ft with 2 bedrooms and 2 bathrooms and sits on a 6558 sq ft lot. According to public records, it was last sold in 2020 for $139,900 and has a tax-assessed value of $119,060, which is $285 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 6861 Tamarus St 202 Las Vegas, NV 89119 with Property Intel by Whitepages.

Owners & Occupancy for 6861 Tamarus St 202

No contact information is available.

Occupancy

Resident 1*********************** age 62
Resident 2************************* age 38
Resident 3********************* age 33

Property Financials for 6861 Tamarus St 202

6861 Tamarus St 202, Las Vegas, NV has no known mortgage. The Clark county assessment for 2024 values it at $119,060, with annual taxes of $800.

Property Tax

Purchase DateJanuary 17, 2020
Property Tax Amount$800 in 2024
Purchase Price$139,900
Assessed Value$119,060 on 2024

Investment Potential for 6861 Tamarus St 202

The property has a current estimated value of $272,540, which is 7% above the zip median, based on public records. It last sold on January 17, 2020 for $140K. Projected long-term
is $17,400 annually ($1,450 per month) with a 85% occupancy rate.

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Long-Term

Gross Rental
$17,400 per year($1,450 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
85%in 89119 zip code
 
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Property Details for 6861 Tamarus St 202

Property Details

Property Sq Ft

Living Area

957 sq ft

2% below market

Lot Size

6,558 sq ft

43% above market

Price Per Sq Ft

Living Area

$285 / sq ft

10% above market

Lot Size Area

$42 / sq ft

20% below market

Property condition, age, exterior, etc. for 6861 Tamar…
Longitude: -115.133827 Latitude: 36.06493 Parcel Number (APN): 177-02-210-038…

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Market Benchmarks

Compare data for 6861 Tamarus St 202 in Clark County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$272,540
$251,686
$20,854 (8%)
$******
$301,332
-$27,122 (-9%)
YoY Price Change
****%
1.82%
-819%
Year Built
1990
1995
-5 years
Living Space
957 sq ft
1,044 sq ft
-87 (-8%)
$ Per Living Sq Ft
$285
$241
$44 (18%)
Lot Size
6,558 sq ft
5,746 sq ft
812 (14%)
$ Per Lot Sq Ft
$42
$43
-$1 (-2%)

Net Operating Income
$*****
$17,931
-$5,637 (-31%)
Annual Revenue
$17,400
$24,000
-$6,600 (-28%)
$****
$5,709
-$603 (-11%)
Net Operating Income
$*****
$17,931
-$5,637 (-31%)
Cap Rate
****%
7.15%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 2-Bed Residential Condominium Medians

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