NOT LISTED FOR SALE

1040 Marne Ct Pahrump, NV 89048

Estimated Value: $243,000 - $568,000

-- Bed
-- Bath
4,104 Sq Ft
$101/Sq Ft Est. Value

Last Sold December 30, 2016

Last sale price $235,000 $57 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,440/month

12 Days on Market

Highlights

  • Patio
  • Central Heating and Cooling System
  • Garage
  • Ceramic Tile Flooring
  • Ceiling Fan
  • 1-Story Property

About This Home

As of December 2016

Great multi-family property, fully occupied, all units are 2 bedrooms, 2 bath with a 1 car garage. Water and electric are separately metered. Side by side 4 plex's available. see MLS #1850771

Last Agent to Sell the Property

Michael Griffin

Classic Realty Group Inc License #B.0047454 Listed on: 11/17/2016

Last Buyer's Agent

Jill Amsel

Realty ONE Group, Inc License #BS.0063646

Realty ONE Group, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,839

Year Built

  • Built in 1999

Lot Details

  • 0.34

Parking

  • Garage

Home Design

  • Quadruplex
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,104 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Patio
  • Property is in good condition

Listing and Financial Details

  • Tenant pays for electricity, sewer, trash collection, water

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Calvada Valley U.7 Subdivision

Building Details

  • Maintenance Expense $750
  • Professional Management Expense $2,670

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,839

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • CapRate: 0.77
  • Professional Management Expense: 2670.0
  • Subdivision Name: CALVADA VALLEY U.7
  • Directions: Highway 160, West on Highway 372, South on Pahrump Valley Blvd, West on Bourbon, North on Marne.
  • Architectural Style: Fourplex
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1999
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1999

Interior Features

  • Number Of Buildings: 2
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Oven, Range
  • Flooring: Carpet, Ceramic Tile, Other
  • Interior Amenities: Ceiling Fan(s)

Exterior Features

  • Construction Type: Stucco
  • Patio And Porch Features: Patio
  • Property Condition: Good Condition, Resale
  • Roof: Tile

Garage/Parking

  • Parking Features: Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 250.0

Condo/Co-op/Association

  • Amenities: None

Lot Info

  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 26700.0
  • Insurance Expense: 750.0
  • Maintenance Expense: 750.0
  • Annual Operating Expense: 6259.0

Tax Info

  • Tax Annual Amount: 1839.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2016
Closed on
Dec 28, 2016
Sold by
Yakaitis Marne 1040 Llc
Bought by
Cardenas Angel R and Cardenas Maritza J
Seller's Agent
Michael Griffin
Classic Realty Group Inc
Buyer's Agent
Jill Amsel
Realty ONE Group, Inc
List Price
$240,000
Sold Price
$235,000
Premium/Discount to List
-$5,000
-2.08%
Current Estimated Value
$416,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,495
Avg. Annual Appreciation
6.70%
Original Mortgage
$176,250
Outstanding Balance
$145,080
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$271,415

Purchase Details

Closed on
Dec 18, 2004
Sold by
Yakaitis Stephen
Bought by
Yakaitis Marne 1040 Llc
Source: Public Records

Range of Values:

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Average Value
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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
Cardenas Angel R $235,000 Fidelity National Tit
Yakaitis Marne 1040 Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cardenas Angel R $176,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2016 12/30/16 Sold $235,000 -2.1% $57 / Sq Ft
11/30/2016 11/30/16 Pending -- -- --
11/17/2016 11/17/16 For Sale $240,000 -- $58 / 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 $2,860 $103,360 $2,988 $100,372
2024 $2,860 $108,116 $2,988 $105,128
2023 $2,860 $92,929 $2,988 $89,941
2022 $2,461 $88,410 $2,988 $85,422
2021 $2,287 $85,499 $2,390 $83,109
2020 $2,222 $84,090 $2,390 $81,700
2019 $2,083 $103,430 $2,390 $101,040
2018 $1,991 $99,606 $1,912 $97,694
2017 $1,885 $79,702 $1,912 $77,790
2016 $1,838 $55,862 $1,912 $53,950
2015 $1,835 $51,622 $1,912 $49,710
2014 $1,779 $55,887 $1,912 $53,975
Source: Public Records

Agents Affiliated with this Home

  • Michael Griffin

    Seller's Agent in 2016

    Michael Griffin

    Classic Realty Group Inc

    (775) 513-0430

    46 Total Sales

    Michael Griffin
    Section Image

  • J

    Buyer's Agent in 2016

    Jill Amsel

    Realty ONE Group, Inc

    (702) 683-6563

    185 Total Sales

    Jill Amsel
    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 1850555

Las Vegas REALTORS®

APN: 39-483-15

Nevada Nye County Pahrump 89048

1040 Marne Ct, Pahrump, NV

This home is located at 1040 Marne Ct, Pahrump, NV 89048 since 17 November 2016 and is currently estimated at $416,495, approximately $101 per square foot. This property was built in 1999. 1040 Marne Ct is a home located in Nye County with nearby schools including J.G. Johnson Elementary School, Rosemary Clarke Middle School, and Pahrump Valley High School.

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