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7977 Timber Peak Lane

7977 Timber Peak Lane, Las Vegas, NV 89113
House in Clark
Sold Aug 26, 2020
$425,000
$325,000 by Axia Financial Llc
Mortgage Due Sep 01, 2050
Sold Jan 12, 2009
$269,900
$266,384 by Home Funding Corp
Mortgage Due Jan 01, 2039
Local assessors in Las Vegas, NV have categorized 7977 Timber Peak Lane as a residential type of property. The home was built in 2001 and is 23 years old. The property's lot size has been calculated to be 7,841 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bi-level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7977 Timber Peak Lane has a total of 2,719 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 667 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of concrete. Lots of a combination of material were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 7977 Timber Peak Lane sold most recently in Aug 25, 2020 for a total of $425,000. If you work out the math, that's approximately a cost of $125.52 per sqft. Before that, the property was also sold for $269,900 in Nov 24, 2008. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,653 in taxes each year. 7977 Timber Peak Lane was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $153,304. If we break it down further, the land itself was valued at $45,500. Improvements to the property, however, were assessed at a total of $107,804. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Combination
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 667
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 3,386
  • Gross Building Area: 3,386
  • Building Area: 2,719
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,719
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HACIENDA EST UNIT 1
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HACIENDA EST UNIT 1 PLAT BOOK 93 PAGE 85 LOT 3 BLOCK 1

Ownership

  • Current Owner : HIRSCHI NATHAN BRUCE
  • Current Owner 2: HIRSCHI ALICIA ANN
  • Previous Owner : SCOTT JOHN J
  • Previous Owner 2: SCOTT KIMBERLY A
  • Owner Before Previous Owner: US BANK NATIONAL ASSOCIATION
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Clark County School District
  • Census Tract: 002974

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 163-028
  • District: SPRV
  • Parcel: 163-28-718-003
  • Block: 1
  • Lot: 3
  • Meridian: SEC 28 TWN 21S RNG 60E
  • Municipality: SPRING VALLEY TOWN
  • Latitude: 36.0908
  • Longitude: -115.265

    Address

  • Full Address: 7977 Timber Peak Ln
  • Legal Unit: 1
  • Address - House Number: 7977
  • Address - Street Name: Timber Peak
  • Address - Suffix Type: Ln
  • State: NV
  • City Name: Las Vegas
  • Carrier Code: C030
  • 4-Digit Zip Code: 1829
  • Zip Code: 89113

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,653
  • Tax Rate Code Area: 417

    Appraisal Valuation

  • Standard Deviation: 0.1491
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 81
  • Final Value: 564,004
  • High Value: 648,130
  • Low Value: 479,878

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $325,000
  • First Open Lien Mortgage Lender: AXIA FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Aug 26, 2020
  • First Open Lien Mortgage Loan Amount: $325,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Market Valuation

  • Market Total Value: $371,880
  • Market Land Value: $110,000
  • Market Improvement Value: $261,880

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $153,304
  • Assessed Land Value: $45,500
  • Assessed Improvements Value: $107,804

    Sales

  • Current Sale Contract Date: Aug 25, 2020
  • Current Sale Recording Date: Aug 26, 2020
  • Current Sale Transaction ID: 11785740229
  • Current Sale Price: $425,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 20200826-0002811
  • Previous Sale Recording Date: Jan 12, 2009
  • Previous Sale Contract Date: Nov 24, 2008
  • Previous Sale Amount: $269,900
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: AXIA FINANCIAL LLC
  • First Mortgage Transaction Date: Aug 26, 2020
  • First Mortgage Loan Amount: $325,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: HOME FUNDING CORP
  • Previous Mortgage Transaction Date: Jan 12, 2009
  • Previous Mortgage Loan Amount: $266,384
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2039

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Frequently Asked Questions

What neighborhood is 7977 Timber Peak Lane located in?
The 7977 Timber Peak Lane is a house located in the neighborhood of Clark in Spring Valley, Las Vegas.
What is the average sales price for listings in 7977 Timber Peak Lane?
The average sales price for units in 7977 Timber Peak Lane is $0 currently.

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