NOT LISTED FOR SALE

1260 Bourbon St Pahrump, NV 89048

Pahrump Area

Estimated Value: $442,996 - $705,000

Studio
-- Bath
2,998 Sq Ft
$200/Sq Ft Est. Value

Sale Details

Date Sold: May 1, 2019

Last sale price $435,000 $145 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,733 / mo

20 Days on Market

Highlights

  • Tile Flooring
  • Central Heating and Cooling System
  • Ceiling Fan

About This Home

As of May 2019

4 Plex; rents are $825, $850, $900, $895 all units the same, so should all rent at $900; Well cared for, large 3 bedroom units. Walking distance to most casinos, grocers, and the center of town. Great Buy! Great Location! Great Investment! Attached garages lead into apartments for the ultimate in tenant privacy! Tenants love this place! They rent very fast!

Last Agent to Sell the Property

Scott Smith

Freedom House Property Mgmt License #B.0145183 Listed on: 03/11/2019

Last Buyer's Agent

Mark Saito

Nationwide Realty LLC License #S.0168168

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,483

Year Built

  • Built in 2009

Lot Details

  • 0.35

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Pitched Roof
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,998 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Laundry

  • Dryer
  • Washer

Additional Features

  • Property is in good condition
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 7 / 16

Community Details

Overview

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

Building Details

  • Maintenance Expense $2,792
  • Professional Management Expense $3,978

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,483

Year Built

Built in 2009

Lot Details

0.35 Acres

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • CapRate: 7.2
  • Professional Management Expense: 3978.0
  • Subdivision Name: CALVADA VALLEY U.7
  • Directions: North on HWY 160, left on HWY 372, Left on Pahrump Valley Blvd, Right on Bourbon, 1st building on the right.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 2009
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 2009

Interior Features

  • Number Of Buildings: 2
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Flooring: Carpet, Tile
  • Interior Amenities: Ceiling Fan(s)
  • Window Features: Blinds

Exterior Features

  • Construction Type: Stucco, Wood Frame
  • Property Condition: Good Condition, Resale
  • Roof: Pitched, Tile

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 1.0

Condo/Co-op/Association

  • Amenities: None

Lot Info

  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 39007.0
  • Insurance Expense: 1.0
  • Maintenance Expense: 2792.0
  • Annual Operating Expense: 6771.0

Tax Info

  • Tax Annual Amount: 3483.0
  • Tax Block: 16
  • Tax Lot: 7

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2023
Sold by
Bought by
Current Estimated Value
$599,999

Purchase Details

Closed on
Dec 23, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,000
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2021
Sold by
Bought by

Purchase Details

Closed on
Oct 8, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 11, 2019
Closed on
Apr 30, 2019
Sold by
Bought by
Seller's Agent
Scott Smith
Freedom House Property Mgmt
Buyer's Agent
Mark Saito
Nationwide Realty LLC
List Price
$445,000
Sold Price
$435,000
Premium/Discount to List
-$10,000
-2.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.53%
Original Mortgage
$326,250
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2018
Sold by
Bought by

Purchase Details

Closed on
Dec 26, 2017
Sold by
Bought by

Purchase Details

Closed on
Mar 30, 2017
Sold by
Bought by

Purchase Details

Closed on
Feb 15, 2017
Sold by
Bought by

Purchase Details

Closed on
Dec 13, 2016
Sold by
Bought by

Purchase Details

Closed on
Aug 21, 2012
Sold by
Bought by

Purchase Details

Closed on
Feb 19, 2009
Sold by
Bought by

Purchase Details

Closed on
Oct 22, 2008
Sold by
Bought by

Purchase Details

Closed on
Apr 24, 2008
Sold by
Bought by

Purchase Details

Closed on
Feb 7, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
5.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
5.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2006
Sold by
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Accommodation/Courtesy Recordi
-- First American Title
-- Accommodation
$316,000 First American Title
$435,000 Driggs Title Agency I
-- Cow County Title Co
$35,000 None Available
$60,000 None Available
-- None Available
-- None Available
-- None Available
$348,000 Nevada Title Company
$22,000 Equity Title Of Nevada
-- None Available
-- Cow County Title Co
$75,000 Cow County Title Co
-- Cow County Title
$42,000 Cow County Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $406,000
Previous Owner $328,000
Previous Owner $328,000
Previous Owner $326,250
Previous Owner $408,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/01/2019 05/01/19 Sold $435,000 -2.2% $145 / Sq Ft
04/01/2019 04/01/19 Pending -- -- --
03/11/2019 03/11/19 For Sale $445,000 -- $148 / Sq Ft
Source: Las Vegas REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,300 $200,294 $2,988 $197,306
2024 $5,300 $208,401 $2,988 $205,413
2023 $5,300 $177,944 $2,988 $174,956
2022 $4,553 $168,768 $2,988 $165,780
2021 $4,224 $162,956 $2,390 $160,566
2020 $3,894 $157,338 $2,390 $154,948
2019 $3,647 $191,392 $2,390 $189,002
2018 $3,483 $184,655 $1,912 $182,743
2017 $3,317 $147,422 $1,912 $145,510
2016 $3,234 $101,025 $1,912 $99,113
2015 $3,227 $93,236 $1,912 $91,324
2014 $3,129 $101,073 $1,912 $99,161
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2077414

Las Vegas REALTORS®

APN: 39-502-05

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