NOT LISTED FOR SALE

10505 Chesapeake Dr Reno, NV 89506

Estimated Value: $390,000 - $468,000

3 Beds
2 Baths
1,268 Sq Ft
$339/Sq Ft Est. Value

Last Sold August 01, 2012

Last sale price $96,900 $76 Per Sq Ft

Est. 332% increase in value since last sale

Current estimated payment $2,413/month

65 Days on Market

Highlights

  • Horses Allowed On Property
  • 2.01 Acre Lot
  • No HOA
  • RV Access or Parking
  • Mountain View
  • 2 Car Attached Garage

About This Home

As of August 2012

Great 3 bedroom 2 bath home set on an oversized lot with gorgeous mountain views. Property features a lovely stone fireplace and hardwood flooring. Spacious floorplan and large bedrooms throughout. So much land for all your toys! Come see this property today! This is a Fannie Mae HomePath Property. Purchase this property for as little as 3% down! This property is approved for HomePath Renovation Financing., Buyer will be charged a mandatory re-key fee through escrow at closing. The Buyers 10 day inspection period (Fannie Mae standard) starts once fully executed contracts are received. No offers can be submitted within the first 72 hours on MLS. All offers will be submitted after 72 hours, however, no Investor offers will be considered by Fannie Mae within the first 30 days on MLS (Visit HomePath.com to check status of the First Look Period). Please note that Fannie Mae strongly suggests no less than $1000 for earnest money deposit on financed offers and 10% earnest money deposit on cash offers. Buyer to verify ALL information regarding property, to include but not limited to tax and HOA information.

Last Agent to Sell the Property

Marshall Carrasco

Marshall Realty License #B.1000579 Listed on: 04/12/2012

Last Buyer's Agent

Lolis Vazquez

Reno Sparks Realty, LLC License #S.38647

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,135

Year Built

  • Built in 1980

Lot Details

  • 2.01 Acre Lot
  • Dog Run
  • Property is Fully Fenced
  • Landscaped
  • Level Lot
  • Manual Sprinklers System
  • Property is zoned LDS

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Home Design

  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,268 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Carpet
  • Mountain Views
  • Crawl Space
  • Dishwasher
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Schools

  • Lemmon Valley Elementary School
  • Obrien Middle School
  • North Valleys High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Private Water Source
  • Well
  • Propane Water Heater
  • Septic Tank

Additional Features

  • Patio
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Home warranty included in the sale of the property
  • Assessor Parcel Number 08028208

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,135

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1980
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: Yes
  • Lot Features: Landscaped, Level
  • Lot Size Acres: 2.01
  • Road Frontage Type: Other
  • Has View?: Yes
  • Association Amenities: None
  • Has H O A?: No
  • Co List Office Mls Id: 1812-o
  • Co List Office Phone: 775-787-7400
  • Special Conditions: Real Estate Owned
  • Directions: Arkansas St x Chesapeake Dr
  • Has Fireplace?: Yes
  • Living Area: 1268.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Lemmon Valley
  • Tax Legal Middle Or Junior School2: OBrien
  • Tax Legal High School: North Valleys
  • Tax Legal Tax Annual Amount: 1135.12
  • Tax Legal Zoning4: LDS
  • Association Community Association Y N3: No
  • Building Stories5: 1
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 2.01
  • Lot Lot Size Square Feet2: 87555.6
  • Lot Horse Y N2: Yes
  • Lot View Y N2: Yes
  • Lot Features Landscaped: Yes
  • Foundation Details Crawl Space: Yes
  • Lot Features Level: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Fencing Full2: Yes
  • Outdoor Living Spaces Patio2: Yes
  • View Mountain(s): Yes
  • Sewer Septic Tank: Yes
  • Water Heater Propane3: Yes
  • Sprinklers Manual: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Appliances: Dishwasher
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Primary Downstairs
  • Window Features: Double Pane Windows
  • Interior Living Area4: 1268.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Fireplace Features Living Room: Yes
  • Interior Features Primary Downstairs: Yes
  • Window Features Double Pane Windows: Yes
  • Interior Fireplaces Total2: 1.0
  • Primary Bedroom Features On Main Floor: Yes
  • Primary Bedroom Features Shower Stall: Yes
  • Laundry Features Laundry Area: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Dining Room Features Kitchen Combination: Yes

Exterior Features

  • Exterior Features: Dog Run
  • Roof: Composition, Pitched, Shingle
  • Stories: 1
  • View: Mountain(s)
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Patio
  • Construction Materials Wood Siding: Yes
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes
  • Exterior Features Dog Run: Yes

Garage/Parking

  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Garage Spaces: 2.0
  • Has Attached Garage?: Yes
  • Parking Features: Attached, RV Access/Parking
  • Total Parking Spaces: 2.0
  • Parking Information Garage Y N: Yes
  • Parking Information Garage Spaces: 2.0
  • Parking Information Carport Y N: No
  • Parking Information Parking Total: 2.0
  • Parking Features Attached: Yes
  • Parking Features R V Access Parking: Yes

Utilities

  • Utilities: Electricity Available, Water Available, Propane
  • Water Source: Private, Well
  • Laundry Features: Laundry Area
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities Heating Y N3: Yes
  • Utilities Electricity Available: Yes
  • Utilities Water Available: Yes
  • Heating Forced Air: Yes
  • Utilities Propane4: Yes
  • Heating Propane2: Yes
  • Water Source Private6: Yes
  • Water Source Well: Yes

Schools

  • Middle Or Junior School: OBrien

Lot Info

  • Parcel Number: 08028208
  • Fencing: Full
  • Lot Size Sq Ft: 87555.6
  • Zoning: LDS

Tax Info

  • Tax Annual Amount: 1135.12

MLS Schools

  • Elementary School: Lemmon Valley
  • HighSchool: North Valleys

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2012
Closed on
Jul 16, 2012
Sold by
Federal National Mortgage Association
Bought by
Luz Garcia Maria Dela
Seller's Agent
Marshall Carrasco
Marshall Realty
Buyer's Agent
Lolis Vazquez
Reno Sparks Realty, LLC
List Price
$94,900
Sold Price
$96,900
Premium/Discount to List
$2,000
2.11%
Current Estimated Value
$418,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,029
Avg. Annual Appreciation
11.93%
Original Mortgage
$63,000
Outstanding Balance
$44,220
Interest Rate
3.65%
Mortgage Type
Unknown
Estimated Equity
$376,398

Purchase Details

Closed on
Mar 28, 2012
Sold by
Espinoza Ayde
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 31, 2007
Sold by
Marcotte Timothy I and Holbrook Joann
Bought by
Espinoza Ayde

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.12%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Luz Garcia Maria Dela $97,000 First American Title Ins Co
Federal National Mortgage Association $295,221 Accommodation
Espinoza Ayde $315,000 Ticor Title Of Nevada Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Maria Dela Luz $37,000
Open Luz Garcia Maria Dela $63,000
Previous Owner Espinoza Ayde $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2012 08/01/12 Sold $96,900 +2.1% $76 / Sq Ft
06/15/2012 06/15/12 Pending -- -- --
04/11/2012 04/11/12 For Sale $94,900 -- $75 / 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
2025 -- $52,971 $22,138 $30,834
2024 $1,432 $52,165 $20,125 $32,040
2023 $832 $48,876 $18,113 $30,763
2022 $1,326 $42,730 $16,625 $26,105
2021 $1,228 $37,841 $11,323 $26,518
2020 $1,218 $37,866 $10,850 $27,016
2019 $1,160 $37,431 $10,850 $26,581
2018 $1,107 $34,167 $7,735 $26,432
2017 $1,118 $34,493 $7,543 $26,950
2016 $1,149 $40,712 $13,020 $27,692
2015 $1,111 $37,084 $10,500 $26,584
2014 $1,031 $33,115 $7,980 $25,135
2013 -- $30,903 $5,740 $25,163
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 120004356

Northern Nevada Regional MLS

APN: 080-282-08