697 Brucite St

Gabbs, Nevada, 89409

Tax DeedpendingSells Oct 6, 2026 · in 2 days

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Opening bid

$2,400

Assessed value

$10,992

Land $902Improvement $10,090

Market / AVM

$54,000

Taxes owed

—

Parcel number: 001-271-02
Case number: —
Land use: Residential
Building: 984 sqft
Acreage: 0.23
Lot size: 10,060 sqft
Year built: 1937
Owner of record: Jared Maddox
Last sale: $12,300 · 2026-06-09

Legal description

T12N R36E S27 B.K L.1 SA60 NORTH GABBS .23AC

Property facts enriched via realestateapi · 9/29/2026

Aerial view of 697 Brucite St — the parcel

Aerial view of 697 Brucite St — what is around it

Property detail

RealEstateAPI PropertyDetail · Every populated field, as returned · 158 values

Summary(18)

Id	184,010,530
Mls sold	Yes
Cash buyer	Yes
Flood zone	Yes
Free clear	Yes
High equity	Yes
Last sale date	2026-06-09
Property type	SFR
Absentee owner	Yes
Equity percent	100

County records

Official appraiser / assessor — free, always available. Copy the parcel number if the link opens a search page.

Google Maps (parcel / address search) ↗

Nye County rules

Sale type: Tax Deed
Redemption: None once county trustee's deed issues (2-year delinquency threshold before that)
Return if redeemed: N/A — outright deed transfer
Statute: Nevada Revised Statutes Ch. 361

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Historical comps

No historical bucket for NV|Tax Deed

No recorded comps yet for this state/sale type. Run deedpilot-copilot import-history --deep and build-history-index.

Index 2026-08-01 · 87,879 total recorded outcomes

Liens that survive

Trustee's deed from tax sale generally extinguishes most private liens; federal tax liens and some assessments can survive. County sells AS IS subject to covenants, easements, and possible encumbrances — full title search mandatory. Desert vacant lots dominate inventory risk (access, utilities, flood).

Quiet title

Practically required for many title insurers before resale of Nevada tax-deed property; note NRS 361.600 two-year recovery limit after quitclaim delivery.

Verify before you bid

This record was compiled from the published sale list. Parcels are pulled, redeemed, and re-priced up to the moment of sale. Confirm the lot is still in the sale, and confirm the opening bid, directly with the county.

Nye County Treasurer — Online Tax Sale Auctions ↗

Deal analysis

Your maximum bid

$29,506

Walk away above this. Projected profit at the ceiling: $16,200 (30% of ARV).

Opening bid $2,400

Room to bid $27,106

Confidence: medium — ARV from a provider market estimate, not comps.

History-guided suggestion

$12,062

Under max by $17,444

≤ oracle maxBid

Co-pilot target using recorded auction history. Never above your maximum bid.

History sample

—

Median sold

—

p(redeem) prior

—

No historical bucket for NV|Tax Deed; suggestion uses oracle only.

Your assumptions

After-repair value (ARV)

Override the derived estimate with real comps

Rehab budget

You cannot inspect before bidding — budget for the worst plausible condition

Known surviving liens

Municipal code enforcement, special assessments, federal tax liens

Target margin — 30%

Required profit as a share of ARV. 30% is a common floor for tax-sale flips.

How that number is built

Provider market estimate of $54,000. This is an as-is valuation, not an after-repair one — enter your own comparable-sales figure if the property needs work.

After-repair value: $54,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$4,320
Rehabassumed No rehab budget entered — assumed $0. Tax-sale parcels are sold unseen and un-inspected; this is rarely correct.: −$0
Quiet title (required)assumed Midpoint of the typical NV range ($1,800–$5,000, ~5 months).: −$3,400
Deed recording and transferassumed Typical NV recording and deed issuance cost.: −$250
Holding costs (4 months)assumed Taxes, insurance, and securing the property at ~$81/month.: −$324
Surviving liensassumed Assumed $0 — not verified. Municipal code-enforcement liens, special assessments, and federal tax liens can survive the sale.: −$0
Target profit (30% of ARV): −$16,200
Maximum bid: $29,506

Before you bid

Rehab is assumed to be $0. You cannot inspect these properties before bidding — budget for the worst plausible condition.
Surviving liens assumed $0. THE ASSESSMENT IS NOT A FRACTION OF MARKET VALUE. Nevada's 35% applies to taxable value, and NRS 361.227 builds taxable value for improvements from replacement cost less 1.5% per year of age, capped at fifty years. On an older house that is a construction-cost figure with three-quarters written off, not a sale price. Treat a derived Nevada ARV on improved property as a floor and override it with comparable sales; on vacant land, where taxable value is full cash value, the derivation is sound.
Nevada's 35% is applied to taxable value, which for improved property is not market value and is not trying to be. Improvements are valued at replacement cost less 1.5% a year of depreciation up to fifty years, so a fifty-year-old building is carried at a quarter of what it would cost to rebuild, regardless of what it would sell for. Dividing an assessment on an older improved parcel by 0.35 therefore returns something well below market — the safe direction, but wrong enough to make a sound deal look impossible. The distortion grows with the age of the structure and is absent on bare land, where taxable value is full cash value.

AI risk brief

Reads this parcel against NyeCounty's rules and flags what could go wrong — surviving liens, redemption exposure, title cost, and the facts we don't have. Takes about 35 seconds; the result is saved, so opening this lot again is instant.

184,010,530

Mls sold

Yes

Cash buyer

Yes

Flood zone

Yes

Free clear

Yes

High equity

Yes

Last sale date

2026-06-09

Property type

SFR

Absentee owner

Yes

Equity percent

100