NOT LISTED FOR SALE

1023 Opal Way Fernley, NV 89408

Estimated Value: $412,000 - $479,000

4 Beds
2 Baths
1,455 Sq Ft
$308/Sq Ft Est. Value

Last Sold December 09, 2020

Last sale price $365,000 $251 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,717/month

62 Days on Market

About This Home

As of December 2020

Rare find, 1 acre horse property in highly sought after Country Ranch Estates subdivision! This 4 bedroom, 2.5 bath home features a spacious living area with high vaulted ceilings; Private Mother in law unit, recent upgrades to kitchen and bathrooms, all newer appliances are included in this turn-key sale. 2x6 Construction and a Brand new Air Conditioner with smart controls!, Investor alert, the house is currently separated into two units by a hallway door. The guest unit is furnished with a kitchenette; including an induction stove-top, refrigerator, and built-in bistro table. The mother in law is the 2 back bedrooms and 1 bathroom w/ private entrance & smart lock. This unit has been rented for $1300 monthly on airbnb & 1050 Monthly long term. In the main section of the house you can enjoy the gas fireplace in the separate, sunken living room. The master bedroom is spacious, well lit and has en-suite bath with a dual shower heads. The other bedroom is currently used as an office, and would make a great nursery or kids room. Brand New half bathroom powder room currently being finished. Step out your back door to a private oasis; lawn and garden with sprinkler system, hot tub is included and there is inner fencing for the dogs! Beyond the yard is plenty of room for horses, livestock, storage, RV's, campers. Bring your toys!

Last Agent to Sell the Property

Tayler Riley

eXp Realty, LLC License #S.184884 Listed on: 08/28/2020

eXp Realty, LLC

Last Buyer's Agent

Sean O'Grady

Krch Realty License #S.170052

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,256

Year Built

  • Built in 1996

Lot Details

  • 1 Acre Lot
  • Property is zoned RR1T

Parking

  • 2 Car Garage

Home Design

  • Pitched Roof

Interior Spaces

  • 1,455 Sq Ft Home
  • 1 Fireplace
  • Carpet

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Cottonwood Elementary School
  • Fernley Middle School
  • Fernley High School

Utilities

  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 02048315

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,256

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1996
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: Yes
  • Road Frontage Type: Other
  • Co List Office Mls Id: 2367-o
  • Co List Office Phone: 702-727-1050
  • Directions: Farm District
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Gas Range, Microwave, Oven, Refrigerator, Washer
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Interior Amenities: Breakfast Bar, High Ceilings, Primary Downstairs
  • Window Features: Double Pane Windows, Vinyl Frames

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Pitched, Shingle
  • Stories: 1
  • View: Mountain(s)
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener, RV Access/Parking

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cellular Coverage
  • Water Source: Public
  • Laundry Features: In Garage, Shelves, Sink
  • Cooling: Central Air, Refrigerated
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Middle Or Junior School: Fernley

Lot Info

  • Parcel Number: 02048315
  • Fencing: Partial
  • Lot Size Sq Ft: 43560.0
  • Zoning: RR1T

Tax Info

  • Tax Annual Amount: 2256.07

MLS Schools

  • Elementary School: Cottonwood
  • HighSchool: Fernley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2020
Closed on
Dec 3, 2020
Sold by
Riley Zachary and Riley Zachary
Bought by
Polke Diane and Polke Justin
Seller's Agent
Tayler Riley
eXp Realty, LLC
Buyer's Agent
Sean O'Grady
Krch Realty
List Price
$375,000
Sold Price
$365,000
Premium/Discount to List
-$10,000
-2.67%
Total Days on Market
62
Current Estimated Value
$447,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,643
Avg. Annual Appreciation
4.67%
Original Mortgage
$378,140
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Listed on
Oct 20, 2017
Closed on
May 16, 2018
Sold by
Jones Randy L and Jones Kami Y
Bought by
Riley Mary A
Seller's Agent
Eric Gothan
Sierra Nevada Properties-Fallo
Buyer's Agent
Aaron Clark
Edge Realty
List Price
$285,500
Sold Price
$280,500
Premium/Discount to List
-$5,000
-1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.88%
Original Mortgage
$275,418
Interest Rate
5.5%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Polke Diane -- None Available
Riley Mary A $280,500 Capital Title Co Of Nevada
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Polke Diane $378,140
Previous Owner Riley Mary A $275,418
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2020 12/09/20 Sold $365,000 -1.1% $251 / Sq Ft
10/29/2020 10/29/20 Pending -- -- --
10/01/2020 10/01/20 Price Changed $369,000 -1.6% $254 / Sq Ft
08/28/2020 08/28/20 For Sale $375,000 +33.7% $258 / Sq Ft
05/23/2018 05/23/18 Sold $280,500 0.0% $193 / Sq Ft
04/07/2018 04/07/18 Pending -- -- --
03/08/2018 03/08/18 Price Changed $280,500 -1.8% $193 / Sq Ft
10/20/2017 10/20/17 For Sale $285,500 -- $196 / Sq Ft
Source: Northern Nevada Regional MLS

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
2024 $2,526 $129,263 $84,000 $45,263
2023 $2,526 $126,700 $84,000 $42,700
2022 $2,371 $123,705 $84,000 $39,705
2021 $2,353 $105,372 $66,500 $38,872
2020 $2,256 $103,643 $66,500 $37,143
2019 $2,181 $91,937 $56,000 $35,937
2018 $2,085 $73,708 $38,500 $35,208
2017 $2,064 $66,806 $31,500 $35,306
2016 $1,875 $42,393 $10,500 $31,893
2015 $1,910 $42,141 $10,500 $31,641
2014 $1,875 $40,840 $10,500 $30,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 200011983

Northern Nevada Regional MLS

APN: 020-483-15