NOT LISTED FOR SALE

1061 Second St Pahrump, NV 89048

Estimated Value: $302,455

0.8 Acre
$378,069 Price per Acre
34,848 Sq Ft Lot

Last Sold January 26, 2024

Last sale price $275,000

Est. 10% increase in value since last sale

Current estimated payment $1,685/month

63 Days on Market

About This Lot

As of January 2024

OWC WITH $35,000 DOWN.A GREAT CHANCE TO OWN YOUR OWN COMMERCIAL PROPERTY IN A VERY HIGH TRAFFIC AREA. TWO BUILDINGS SIDE BY SIDE WHICH MEASURES OVER 5000 SQ FT LOCATED ON 0.8 ACRE. HAS SO MUCH POTENTIAL. CURRENTLY OCCUPIED BY RENTERS, THEY WANT TO STAY BUT ARE MONTH TO MONTH. OPEN FLOOR PLAN AND LOTS OF ROOM FOR YOUR NEEDS.

Last Agent to Sell the Property

Jackie Richards

Century 21 Americana License #BS.0017508 Listed on: 10/18/2023

Century 21 Americana

Last Buyer's Agent

Scott Hurlburt

Simply Vegas License #BS.0036210

Simply Vegas

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,421

Lot Details

  • 0.8 Acre Lot

Utilities

  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Raycraft Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$1,421

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.8
  • Subdivision Name: Raycraft
  • Directions: HWY 160 TO HWY 372 WEST TO WEST STREET TURN RIGHT AND GO TO SECOND STREET AND TURN RIGHT AND THE BUILDINGS ARE ON THE LEFT SIDE.
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available, Septic Available
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

Lot Info

  • Lot Size Sq Ft: 34848.0
  • Additional Parcels Description: ---
  • Zoning Description: Other
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1421.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2023
Closed on
Jan 25, 2024
Sold by
Bgeg Investments Lp
Bought by
Gf Investments Llc
Seller's Agent
Jackie Richards
Century 21 Americana
Buyer's Agent
Scott Hurlburt
Simply Vegas
List Price
$349,000
Sold Price
$275,000
Premium/Discount to List
-$74,000
-21.2%
Views
20
Current Estimated Value
$302,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,455
Avg. Annual Appreciation
5.69%
Original Mortgage
$245,000
Outstanding Balance
$240,939
Interest Rate
6.95%
Mortgage Type
Seller Take Back
Estimated Equity
$61,516

Purchase Details

Closed on
Aug 18, 2010
Sold by
Stotesbury Krista J
Bought by
Amato Michael

Purchase Details

Closed on
May 25, 2010
Sold by
Stotesbury Krista J
Bought by
Stotesbury Krista J

Purchase Details

Closed on
Apr 4, 2007
Sold by
Griffith Bobbie Allen and Griffith Eileen Ann
Bought by
Bgeg Investments Lp
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
Gf Investments Llc $275,000 Fidelity National Title
Amato Michael -- None Available
Stotesbury Krista J -- None Available
Bgeg Investments Lp -- None Available
Griffith Bobbie Allen -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gf Investments Llc $245,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2024 01/26/24 Sold $275,000 -21.2% --
12/20/2023 12/20/23 Pending -- -- --
10/18/2023 10/18/23 For Sale $349,000 -- --
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 $1,187 $49,732 $5,774 $43,958
2024 $1,187 $51,800 $5,774 $46,026
2023 $1,535 $47,084 $5,774 $41,310
2022 $1,421 $43,301 $5,774 $37,527
2021 $1,323 $41,031 $4,619 $36,412
2020 $1,272 $41,762 $4,619 $37,143
2019 $1,193 $48,602 $4,619 $43,983
2018 $1,141 $46,222 $3,695 $42,527
2017 $1,073 $37,557 $3,695 $33,862
2016 $1,047 $29,104 $3,695 $25,409
2015 $1,045 $29,804 $3,695 $26,109
2014 $1,068 $32,044 $3,695 $28,349
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2535579

Las Vegas REALTORS®

APN: 35-307-04