This Property Has Been Sold
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With a beautiful home across the street and nice homes on both sides, this highly sought after “diamond in the rough” 1 acre lot has city water, sewer and electric service to the property line and is more desirable than 1 acre lots that have water rights relinquished and can have a well installed because it is easier and much less expensive to install water and sewer service versus having to drill a well and dig a septic tank, plus maintain them!
The costs to develop this property will be lower than any comparable 1 acre lot that has water rights to drill a well on. This lot is in the Great Basin Water Utility service area and the cost to install water and sewer service is the lowest I’ve seen in all the properties we’ve bought and sold in Pahrump.
Here is the utility cost breakdown for 1161 Annie Ave: Total $14,981 – VERY LOW!
WATER meter installation and service start: $5,118 – quote from Great Basin Utilities Inc, Pahrump, NV on 8/12/19
SEWER hook-up: $4,863 – quote from Great Basin Utilities Inc, Pahrump, NV on 8/12/19
ELECTRIC: $5,000 – approximate cost to install metered service from Valley Electric Association, Pahrump, NV
For comparison, if you are lucky to find a lot that has water rights relinquished and you can drill a well on it, the cost to drill a well is approximately $20,000 and septic installation is around $8,000 – almost triple the price of having water and sewer service installed, plus the cost of pumping well water and maintaining a septic system are also high! And the lowest price for a 1 acre lot that has water rights to drill a well is $20,000! So this property is less expensive to purchase and costs less money to develop with utilities than all other comparable lots on Zillow.
There are no liens on the property, no back taxes, no association dues, no maintenance fees of any kind and no time frame in which you have to build, and taxes are paid current. The property is being conveyed by Grant, Bargain, Sale Deed and has greater value than most lots being sold through tax deed or quitclaim deed. Call now to buy!
ADDRESS: 1161 Annie Ave, Pahrump, NV 89060
COUNTY: Nye
SIZE: 1 Acre (165’ x 245’)
PARCEL NUMBER (APN): 027-311-23
LEGAL DESCRIPTION: CITY:PAHRUMP PHASE:2 F#254110 P.2 1.19AC
POWER: Yes, service through Valley Electric Association (775) 727-5312
WATER: Yes, service through Great Basin Water Co. 775-990-4854
SEWER: Yes, service through Great Basin Water Co. 775-990-4854
ROAD ACCESS: Yes – Paved
ZONING: RE-1 – Single family residential
HOUSING ALLOWED: Manufactured home, Modular, or Prefab with in-ground permanent foundation and with exterior matching homes in the neighborhood, custom spec-built home, tract housing
PLANNING / ZONING DEPT: Nye County Planning & Building (775) 482-8181
PROPERTY TAX: $145/yr
ASSOCIATION DUES: None
CLOSING/DOC FEES: $0
GPS: Copy and paste coordinates into any browser: 36.296003, -116.035686
TYPE OF TERRAIN: Flat
ELEVATION: 2,700 FT
SELLER FINANCING TERMS: Contract for Deed – No camping on the land, no parking RV’s or storing vehicles; no adding structures, building fences, making any improvements; no storing materials or performing any work or trade on the property until the property is fully paid off and title and deed is recorded in buyer’s name.
RV or 5TH WHEEL ALLOWED? No, unless you have a permitted structure on the property first
TITLE CONVEYANCE: Grant, Bargain, Sale Deed; clean title, free of liens and encumbrances, no back taxes
For parcel lines where available, click on the bottom left box, “Show street map”
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Property Details
Address: 1161 Annie Ave
City: Pahrump
State: NV
ZIP: 89060
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This Property Has Been Sold