NOT LISTED FOR SALE

1120 Farm Ln Fernley, NV 89408

Estimated Value: $394,000 - $465,000

4 Beds
2.5 Baths
1,854 Sq Ft
$239/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $250,000 $135 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,563/month

642 Days on Market

Highlights

  • Horses Allowed On Property
  • Corner Lot
  • Great Room
  • Mountain View
  • High Ceiling
  • No HOA

About This Home

As of May 2020

This home features country living at its best. NEW exterior paint. Fresh new look. Situated on 1 acre of water righted horse property with Four bedrooms and 2 and half baths. Enjoy the cozy living areas with its galley kitchen for those home cooked meals. Neutral colors thru out and home has been freshly painted and new carpet installed. Come take a look and see the large one acre lot. Across from elementary school and easy commute to surrounding areas, Reno, USA Parkway and Fallon., Buyer and buyers agent to verify all information

Last Agent to Sell the Property

Grace Klise

Chaffin Real Estate Services License #S.37865 Listed on: 07/13/2018

Co-Listed By

sharlene cosens

Chaffin Real Estate Services License #BS.1000509

Last Buyer's Agent

Deborah Nystrom

Keller Williams Group One Inc. License #S.76123

Keller Williams Group One Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,233

Year Built

  • Built in 1993

Lot Details

  • 1.01 Acre Lot
  • Partially Fenced Property
  • Landscaped
  • Corner Lot
  • Level Lot
  • Property is zoned RR1

Parking

  • 2 Car Attached Garage

Property Views

  • Mountain
  • Desert

Home Design

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

Interior Spaces

  • 1,854 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Free Standing Fireplace
  • Gas Log Fireplace
  • Blinds
  • Great Room
  • Combination Kitchen and Dining Room
  • Carpet
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Primary Bathroom includes a Walk-In Shower

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Rights
  • Gas Water Heater
  • Phone Available

Additional Features

  • Storage Shed
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 02043108

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,233

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1993
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: Yes
  • Lot Features: Corner Lot, Landscaped, Level
  • Lot Size Acres: 1.01
  • Road Frontage Type: Other
  • Has View?: Yes
  • Security Features: Smoke Detector(s)
  • Association Amenities: None
  • Has H O A?: No
  • Co List Office Mls Id: 1484-o
  • Co List Office Phone: 775-575-5000
  • Co List Office Mls Id: 1484-o
  • Co List Office Phone: 775-575-5000
  • Directions: Farm district
  • Has Fireplace?: Yes
  • Living Area: 1854.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Cottonwood
  • Tax Legal Middle Or Junior School2: Silverland
  • Tax Legal High School: Fernley
  • Tax Legal Tax Annual Amount: 2233.33
  • Tax Legal Zoning4: RR1
  • Association Community Association Y N3: No
  • Building Stories5: 1
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: No
  • Lot Lot Size Acres2: 1.01
  • Lot Lot Size Square Feet2: 43995.6
  • Lot Horse Y N2: Yes
  • Lot View Y N2: Yes
  • Lot Features Landscaped: Yes
  • Foundation Details Crawl Space: Yes
  • Lot Features Level: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: Yes
  • Appliances Dishwasher: Yes
  • Appliances Disposal: Yes
  • Personal Property Included Storage Shed: Yes
  • Security Features Smoke Detector(s): Yes
  • View Mountain(s): Yes
  • Fencing Partial2: Yes
  • Water Heater Gas5: Yes
  • Fireplace Features Gas Log: Yes
  • Lot Features Corner Lot: Yes
  • View Desert: Yes
  • Fireplace Features Free Standing: Yes
  • Appliances Gas Range: Yes
  • Appliances Included As Personal Property Gas Oven2: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Additional Refrigerator(s), Dishwasher, Disposal, Gas Range, Refrigerator
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Free Standing, Gas Log
  • Interior Amenities: Breakfast Bar, High Ceilings, Pantry, Primary Downstairs, Walk-In Closet(s)
  • Window Features: Blinds
  • Interior Bathrooms Half: 1
  • Interior Living Area4: 1854.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Interior Features High Ceilings: Yes
  • Interior Features Breakfast Bar: Yes
  • Interior Features Primary Downstairs: Yes
  • Kitchen Features Breakfast Bar2: Yes
  • Window Features Blinds: Yes
  • Primary Bedroom Features Double Sinks: Yes
  • Primary Bedroom Features On Main Floor: Yes
  • Primary Bedroom Features Shower Stall: Yes
  • Laundry Features Laundry Area: Yes
  • Laundry Features Laundry Room: Yes
  • Living Room Features Great Room3: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Primary Bedroom Features High Ceilings6: Yes
  • Dining Room Features Kitchen Combination: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Shingle
  • Stories: 1
  • View: Desert, Mountain(s)
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space
  • Construction Materials Wood Siding: Yes
  • Roof Composition: 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, Phone Available, Sewer Available, Water Available, Water Meter Installed
  • Water Source: Public
  • Laundry Features: Laundry Area, Laundry Room
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Heating Y N3: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Utilities Water Meter Installed: Yes
  • Heating Forced Air: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes

Schools

  • Middle Or Junior School: Silverland

Lot Info

  • Parcel Number: 02043108
  • Fencing: Partial
  • Lot Size Sq Ft: 43995.6
  • Zoning: RR1

Tax Info

  • Tax Annual Amount: 2233.33

MLS Schools

  • Elementary School: Cottonwood
  • HighSchool: Fernley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2018
Closed on
May 28, 2020
Sold by
Piert Cathy
Bought by
Piert Robert A
Seller's Agent
Grace Klise
Chaffin Real Estate Services
Buyer's Agent
Deborah Nystrom
Keller Williams Group One Inc.
List Price
$305,950
Sold Price
$250,000
Premium/Discount to List
-$55,950
-18.29%
Current Estimated Value
$443,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,458
Avg. Annual Appreciation
11.29%
Original Mortgage
$266,207
Outstanding Balance
$235,896
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$207,562

Purchase Details

Listed on
Jul 13, 2018
Closed on
May 20, 2020
Sold by
Mccollum Robert M
Bought by
Piert Robert
Seller's Agent
Grace Klise
Chaffin Real Estate Services
Buyer's Agent
Deborah Nystrom
Keller Williams Group One Inc.
List Price
$305,950
Sold Price
$250,000
Premium/Discount to List
-$55,950
-18.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,207
Outstanding Balance
$235,896
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$207,562

Purchase Details

Closed on
Jan 25, 2011
Sold by
Mccollum Robert M and Mccollum Edna I
Bought by
Mccollum Robert M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
4.71%
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
Piert Robert A -- Ticor Title Reno
Piert Robert $256,957 Ticor Title Reno
Mccollum Robert M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Piert Robert $266,207
Previous Owner Mccollum Robert M $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2020 05/29/20 Sold $250,000 -18.3% $135 / Sq Ft
04/15/2020 04/15/20 Pending -- -- --
12/18/2019 12/18/19 For Sale $305,950 0.0% $165 / Sq Ft
12/09/2019 12/09/19 Pending -- -- --
07/11/2019 07/11/19 For Sale $305,950 0.0% $165 / Sq Ft
07/11/2019 07/11/19 Price Changed $305,950 +22.4% $165 / Sq Ft
03/13/2019 03/13/19 Off Market $250,000 -- --
02/19/2019 02/19/19 Pending -- -- --
12/31/2018 12/31/18 Price Changed $299,500 -2.0% $162 / Sq Ft
10/04/2018 10/04/18 Price Changed $305,500 -6.2% $165 / Sq Ft
09/12/2018 09/12/18 Price Changed $325,550 -3.0% $176 / Sq Ft
08/22/2018 08/22/18 Price Changed $335,550 -2.9% $181 / Sq Ft
07/13/2018 07/13/18 For Sale $345,550 -- $186 / 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 $2,432 $95,578 $45,500 $50,078
2024 $2,786 $96,189 $45,500 $50,689
2023 $2,786 $93,365 $45,500 $47,865
2022 $2,579 $90,297 $45,500 $44,797
2021 $2,553 $89,420 $45,500 $43,920
2020 $2,499 $62,934 $21,000 $41,934
2019 $2,307 $61,660 $21,000 $40,660
2018 $2,233 $60,861 $21,000 $39,861
2017 $2,222 $61,039 $21,000 $40,039
2016 $2,024 $52,722 $11,550 $41,172
2015 $2,064 $52,458 $11,550 $40,908
2014 $2,020 $49,730 $11,550 $38,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 180010196

Northern Nevada Regional MLS

APN: 020-431-08