NOT LISTED FOR SALE

1116 Herron Ln Fernley, NV 89408

Estimated Value: $331,000 - $342,000

3 Beds
2 Baths
1,284 Sq Ft
$263/Sq Ft Est. Value

Last Sold January 15, 2013

Last sale price $70,000 $55 Per Sq Ft

Est. 383% increase in value since last sale

Current estimated payment $1,869/month

11 Days on Market

Highlights

  • Mountain View
  • Great Room
  • 2 Car Attached Garage
  • High Ceiling
  • No HOA
  • Double Pane Windows

About This Home

As of January 2013

HUD Home! Disclosures: Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a low to moderate flood risk. Please refer to for additional information regarding flood zones and insurance. Repairs: Replace missing thermostat, Replace missing drain under sink. Great little starter home with three bedrooms and two baths. There is a very open living area and a large fenced back yard with uncovered patio. Don't miss out on this one., Buyers and Buyers Agent to verify all information. BLB Resources makes no warranty as to the existence of mold in this property, and is not liable for the potentially harmful effects thereof. EMD to be at least $1000. Please see associated documents located under the 'D' at the top of the page for Property Condition Report, Disclosure and other valuable information. For overbidding and/or escrow repair information, please see attached “Overbidding and Escrow Repair” MLS addendum.

Last Agent to Sell the Property

Daniel McCreary

RE/MAX Traditions License #S.64088 Listed on: 10/04/2012

Last Buyer's Agent

Patty Hardrick

NVS Real Estate Place

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,220

Year Built

  • Built in 2003

Lot Details

  • 6,534 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot
  • Property is zoned NR1

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 1,284 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Great Room
  • Combination Dining and Living Room
  • Carpet
  • Mountain Views
  • Crawl Space
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Outdoor Features

  • Patio

Schools

  • East Valley Elementary School
  • Fernley Middle School
  • Fernley High School

Utilities

  • Refrigerated Cooling System
  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • HUD Owned
  • REO, home is currently bank or lender owned
  • Home warranty included in the sale of the property
  • Assessor Parcel Number 02085703

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,220

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Year Built: 2003
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Level
  • Lot Size Acres: 0.15
  • Road Frontage Type: Other
  • Has View?: Yes
  • Association Amenities: None
  • Has H O A?: No
  • Co List Office Mls Id: 675-o
  • Co List Office Phone: 775-575-5077
  • Special Conditions: HUD Owned, Real Estate Owned
  • Directions: Tamsen
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Living Area: 1284.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: East Valley
  • Tax Legal Middle Or Junior School2: Fernley
  • Tax Legal High School: Fernley
  • Tax Legal Tax Annual Amount: 1220.34
  • Tax Legal Zoning4: NR1
  • 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: 0.15
  • Lot Lot Size Square Feet2: 6534.0
  • Lot Horse Y N2: No
  • Lot View Y N2: Yes
  • Fencing Back Yard: Yes
  • Cooling Central Air: Yes
  • Foundation Details Crawl Space: Yes
  • Lot Features Level: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Cooling Refrigerated: Yes
  • Outdoor Living Spaces Patio2: Yes
  • View Mountain(s): Yes
  • Water Heater Gas5: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Listing Conditions H U D Owned: Yes
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Appliances: Dishwasher
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), High Ceilings, Pantry, Walk-In Closet(s)
  • Window Features: Double Pane Windows
  • Interior Living Area4: 1284.0
  • Interior Fireplace Y N: No
  • Flooring Carpet: Yes
  • Interior Features High Ceilings: Yes
  • Interior Features Breakfast Bar: Yes
  • Window Features Double Pane Windows: Yes
  • Kitchen Features Breakfast Bar2: Yes
  • Dining Room Features Living Room Combination: Yes
  • Primary Bedroom Features Tub Shower Combination: Yes
  • Laundry Features Laundry Area: Yes
  • Laundry Features Laundry Room: Yes
  • Living Room Features Great Room3: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Primary Bedroom Features High Ceilings6: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Family Room Features High Ceilings4: Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes
  • Interior Features Ceiling Fan(s)2: Yes
  • Living Room Features Ceiling Fan(s)3: Yes
  • Family Room Features Ceiling Fan(s)5: Yes
  • Family Room Features Great Room5: Yes

Exterior Features

  • Exterior Features: None
  • 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

Garage/Parking

  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Garage Spaces: 2.0
  • Has Attached Garage?: Yes
  • Parking Features: Attached
  • 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

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: Laundry Area, Laundry Room
  • Cooling: Central Air, Refrigerated
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Cooling Y N3: Yes
  • Utilities Heating Y N3: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes

Schools

  • Middle Or Junior School: Fernley

Lot Info

  • Parcel Number: 02085703
  • Fencing: Back Yard
  • Lot Size Sq Ft: 6534.0
  • Zoning: NR1

Tax Info

  • Tax Annual Amount: 1220.34

MLS Schools

  • Elementary School: East Valley
  • HighSchool: Fernley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2012
Closed on
Jan 9, 2013
Sold by
The Secretary Of Hud
Bought by
Seaver Joann
Seller's Agent
Daniel McCreary
RE/MAX Traditions
Buyer's Agent
Patty Hardrick
NVS Real Estate Place
List Price
$64,000
Sold Price
$70,000
Premium/Discount to List
$6,000
9.38%
Current Estimated Value
$337,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,918
Avg. Annual Appreciation
13.10%
Original Mortgage
$59,183
Outstanding Balance
$40,957
Interest Rate
3.27%
Mortgage Type
New Conventional
Estimated Equity
$296,961

Purchase Details

Closed on
May 1, 2012
Sold by
Singletary Stacey
Bought by
Bank Of America Na

Purchase Details

Closed on
Apr 30, 2012
Sold by
Bank Of America Na
Bought by
Secretary Of Hud

Purchase Details

Closed on
Jul 1, 2007
Sold by
Lasalle Bank Na
Bought by
Singletary Stacey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,463
Interest Rate
6.73%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 2, 2007
Sold by
Lanterman Henry J and Lanterman Erin M
Bought by
Lasalle Bank Na

Purchase Details

Closed on
Feb 10, 2006
Sold by
Nimmo Gregg D and Nimmo Deborah L
Bought by
Lanterman Henry J and Lanterman Erin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.25%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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Average Value
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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
Seaver Joann $70,000 Monument Title Insurance Inc
Bank Of America Na $214,233 First American
Secretary Of Hud $214,253 None Available
Singletary Stacey $174,900 Equity Title Of Nevada
Lasalle Bank Na $161,500 Accommodation
Lanterman Henry J $225,000 Stewart Title Of Northern Nv
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seaver Joann $59,183
Previous Owner Singletary Stacey $172,463
Previous Owner Lanterman Henry J $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2013 01/15/13 Sold $70,000 +9.4% $55 / Sq Ft
10/15/2012 10/15/12 Pending -- -- --
10/04/2012 10/04/12 For Sale $64,000 -- $50 / 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 $1,169 $93,262 $40,250 $53,012
2024 $1,544 $93,631 $40,250 $53,380
2023 $1,544 $90,255 $40,250 $50,005
2022 $1,460 $86,403 $40,250 $46,153
2021 $1,454 $76,526 $31,500 $45,026
2020 $1,419 $74,658 $31,500 $43,158
2019 $1,405 $67,880 $26,250 $41,630
2018 $1,380 $57,749 $17,150 $40,599
2017 $1,385 $52,156 $11,550 $40,606
2016 $1,205 $38,988 $5,780 $33,208
2015 $1,241 $32,073 $5,780 $26,293
2014 $1,215 $23,026 $5,780 $17,246
Source: Public Records

Agents Affiliated with this Home

  • Daniel McCreary

    Seller's Agent in 2013

    Daniel McCreary

    RE/MAX

    (775) 745-9106

    76 Total Sales

    Daniel McCreary
    Section Image

  • P

    Buyer's Agent in 2013

    Patty Hardrick

    NVS Real Estate Place

See All Agents

Map

Source: Northern Nevada Regional MLS

MLS Number: 120012158

Northern Nevada Regional MLS

APN: 020-857-03

Nevada Lyon County Fernley 89408

1116 Herron Ln, Fernley, NV

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