$400,000
SOLD JAN 24, 2018

1970 Teepee Rd Pahrump, NV 89048

-- Bed
-- Bath
2,998 Sq Ft
0.34 Acres

Recently Sold

$133 Per Sq Ft

11% Below List Price

82 Days on Market

About This Home

As of May 2022

Beautiful fourplex. Large 3 bedroom 1500 square foot apartment units. These units never stay empty very long. They are in high demand. Three bedrooms are in high demand. Upscale units are in high demand. Large units are in high demand. Tenants love the feeling of being in their own house because of the spacious rooms in these units. Each unit also comes with its own two car garage.

Last Agent to Sell the Property

Elizabeth Provenza-Neth

Freedom House Property Mgmt License #B.0039562 Listed on: 10/03/2017

Last Buyer's Agent

Viviana Mehner

United Realty Group License #S.0067501

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,126

Year Built

  • Built in 2008

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Blinds
  • Carpet

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Additional Features

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

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 25&25 / 20

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Calvada Valley Subdivision

Building Details

  • Maintenance Expense $2,733
  • Professional Management Expense $3,969

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,126

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • CapRate: 5.5
  • Professional Management Expense: 3969.0
  • Subdivision Name: Calvada Valley
  • Directions: Highway 160 to Pahrump. Take a left on Calvada Boulevard. First left is South Mount Charleston Dr. First left again is East Ambush Street. First right is TeePee.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 2008
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 2008

Interior Features

  • Number Of Buildings: 2
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Washer
  • Flooring: Carpet
  • Window Features: Blinds

Exterior Features

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 1374.0

Lot Info

  • Current Use: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 39741.0
  • Insurance Expense: 3600.0
  • Maintenance Expense: 2733.0
  • Annual Operating Expense: 14802.0

Tax Info

  • Tax Annual Amount: 3126.0
  • Tax Block: 20
  • Tax Lot: 25&25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2022
Closed on
May 26, 2022
Sold by
Xena Investments Llc
Bought by
Gbp Houses Llc
Seller's Agent
Louise Trujillo
Agent House
Buyer's Agent
Danielle Sutherland-Howard
BHHS Nevada Properties
List Price
$850,000
Sold Price
$850,000
Current Estimated Value
$766,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$83,912
Avg. Annual Appreciation
-2.79%

Purchase Details

Listed on
Oct 3, 2017
Closed on
Jan 10, 2018
Sold by
Reynolds Denise D
Bought by
Xena Investments Llc
Seller's Agent
Elizabeth Provenza-Neth
Freedom House Property Mgmt
Buyer's Agent
Viviana Mehner
United Realty Group
List Price
$450,000
Sold Price
$400,000
Premium/Discount to List
-$50,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.97%

Purchase Details

Closed on
Aug 11, 2016
Sold by
Plunkett Carl
Bought by
Plunkett Carl D and Glinski Harvey

Purchase Details

Closed on
Feb 19, 2009
Sold by
Rising Phoenix Building & Development Ll
Bought by
Reynolds Denise D and Reynolds Clyde B

Purchase Details

Closed on
Feb 15, 2008
Sold by
Hernandez Manuel J
Bought by
Rising Phoenix Bldg & Development Llc

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
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 8, 2008
Sold by
Bateman L Russ
Bought by
Rising Phoenix Bldg & Development Llc

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
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2007
Sold by
Pester James L and Pester Virginia A
Bought by
Bateman L Russ
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 Type Sale Price Title Company
Bargain Sale Deed $800,000 Fidelity National Title
Bargain Sale Deed $400,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
Trustee Deed $390,000 Nevada Title Las Vega
Bargain Sale Deed -- Equity Title Of Nevada
Bargain Sale Deed $35,000 Equity Title Of Nevada
Bargain Sale Deed $18,000 Equity Title Of Nevada
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $697,000 Unknown
Previous Owner $408,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2022 05/27/22 Sold $850,000 0.0% $284 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
04/26/2022 04/26/22 For Sale $850,000 +112.5% $284 / Sq Ft
01/24/2018 01/24/18 Sold $400,000 -11.1% $133 / Sq Ft
12/25/2017 12/25/17 Pending -- -- --
10/03/2017 10/03/17 For Sale $450,000 -- $150 / 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 $4,796 $197,723 $2,988 $194,735
2024 $4,796 $205,982 $2,988 $202,994
2023 $4,796 $175,864 $2,988 $172,876
2022 $4,120 $166,795 $2,988 $163,807
2021 $3,823 $161,081 $2,390 $158,691
2020 $3,672 $160,675 $2,390 $158,285
2019 $3,439 $196,074 $2,390 $193,684
2018 $3,285 $189,182 $1,912 $187,270
2017 $3,127 $151,027 $1,912 $149,115
2016 $3,049 $96,542 $1,912 $94,630
2015 $3,043 $89,105 $1,912 $87,193
2014 $2,950 $96,587 $1,912 $94,675
Source: Public Records

Agents Affiliated with this Home

  • Louise Trujillo

    Seller's Agent in 2022

    Louise Trujillo

    Agent House

    (702) 979-0395

    58 Total Sales

    Louise Trujillo
    Section Image

  • E

    Seller's Agent in 2018

    Elizabeth Provenza-Neth

    Freedom House Property Mgmt

  • V

    Buyer's Agent in 2018

    Viviana Mehner

    United Realty Group

    8 Total Sales

    Viviana Mehner
    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 1935638

Las Vegas REALTORS®

APN: 42-091-19

Nevada Nye County Pahrump 89048

1970 Teepee Rd, Pahrump, NV

This home is located at 1970 Teepee Rd, Pahrump, NV 89048 and is currently priced at $400,000, approximately $133 per square foot. This property was built in 2008. 1970 Teepee Rd is a home located in Nye County with nearby schools including Hafen Elementary School, Rosemary Clarke Middle School, and Pahrump Valley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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