NOT LISTED FOR SALE

251 S Frontage Rd Pahrump, NV 89048

Estimated Value: $577,674

0.26 Acre
$2,221,823 Price per Acre
11,326 Sq Ft Lot

Last Sold February 27, 2019

Last sale price $375,000

Est. 54% increase in value since last sale

Current estimated payment $3,177/month

174 Days on Market

About This Lot

As of February 2019

This is the building where El Chero restaurant is currently located. Right across the street from Walmart, one of the hottest locations in town. The restaurant is 2400 square feet with an enclosed patio of another 600 square feet. There is currently a tenant in place, however, the tenant seems open to change. Hood fan and walk in coolers come with the building.

Last Agent to Sell the Property

Scott Smith

Freedom House Property Mgmt License #B.0145183 Listed on: 08/06/2018

Last Buyer's Agent

Norie Dinger

Access Realty License #S.0171549

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,356

Lot Details

  • 0.26 Acre Lot
  • Property is in average condition

Community Details

  • No Home Owners Association
  • Calvada Valley U.11 Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$1,356

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.26
  • Subdivision Name: CALVADA VALLEY U.11
  • Directions: From Las Vegas, take HWY 160 to Pahrump. Go past the light at HWY 372. Restaurant will be on the right across from Walmart.
  • ResoPropertyType: Land
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Property Condition: Average Condition

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Additional Parcels Description: NumParcels:1
  • Zoning Description: Commercial
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1356.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2018
Closed on
Feb 25, 2019
Sold by
Jo S Pizza Ltd
Bought by
Nacpil Loida and The Nacpil Family Trust
Seller's Agent
Scott Smith
Freedom House Property Mgmt
Buyer's Agent
Norie Dinger
Access Realty
List Price
$375,000
Sold Price
$375,000
Current Estimated Value
$577,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,674
Avg. Annual Appreciation
6.69%
Original Mortgage
$335,000
Outstanding Balance
$294,522
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$283,152
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
Nacpil Loida $375,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nacpil Loida $335,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2019 02/27/19 Sold $375,000 0.0% --
01/28/2019 01/28/19 Pending -- -- --
08/06/2018 08/06/18 For Sale $375,000 -- --
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 $1,776 $68,967 $11,691 $57,276
2024 $1,776 $50,960 $11,691 $39,269
2023 $1,776 $55,615 $11,691 $43,924
2022 $1,699 $51,798 $11,691 $40,107
2021 $1,578 $47,758 $9,353 $38,405
2020 $1,516 $48,344 $9,353 $38,991
2019 $1,420 $58,259 $9,353 $48,906
2018 $1,356 $54,769 $7,482 $47,287
2017 $1,303 $45,135 $7,482 $37,653
2016 $1,271 $35,735 $7,482 $28,253
2015 $1,269 $34,697 $7,482 $27,215
2014 $1,232 $37,034 $7,483 $29,551
Source: Public Records

Agents Affiliated with this Home

  • Scott Smith

    Seller's Agent in 2019

    Scott Smith

    Freedom House Property Mgmt

    (775) 419-0993

    36 Total Sales

    Scott Smith
    Section Image

  • N

    Buyer's Agent in 2019

    Norie Dinger

    Access Realty

See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 2019675

Las Vegas REALTORS®

APN: 38-234-15

Nevada Nye County Pahrump 89048

251 S Frontage Rd, Pahrump, NV

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