NOT LISTED FOR SALE

115 Arabian Way Reno, NV 89508

Estimated Value: $635,590 - $682,000

3 Beds
2.5 Baths
1,995 Sq Ft
$326/Sq Ft Est. Value

Last Sold May 07, 2013

Last sale price $239,000 $120 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $3,620/month

46 Days on Market

Highlights

  • Horse Stalls
  • 12.19 Acre Lot
  • Deck
  • RV Access or Parking
  • Mountain View
  • Property is near a forest

About This Home

As of May 2013

Purchase this property for as low as 3% down! This property is approved for HomePath Mortgage and HomePath Renovation Financing. Bring your horses to this rehabbed single story on over 12 acres, a true must see! Features include formal living~family & dining rooms, open kitchen with breakfast nook, 3 bedrooms and 2.5 baths, horse corral, long covered deck and so much more!, ATTENTION AGENTS: PLEASE SEE PRIVATE REMARKS FOR OFFER SUBMISSION INFORMATION. YOU WILL BE REQUIRED TO UPLOAD THE REAL ESTATE PURCHASE ADDENDUM, O & A AND OWNER OCC CERT. WEBSITE MAY INDICATE OTHERWISE, BUT WE ASK YOU TO PLEASE ATTACH YOUR EMD COPY/LETTER OF LOAN APPROVAL &/OR PROOF OF FUNDS TO THE BACK OF YOUR O & A WHEN YOU UPLOAD. Seller will review all offers after 72 business hours. Per Fannie Mae First Look policy, investor offers will be reviewed on the 31st day of published listing. If the Seller has winterized this Property and Purchaser desires to have the Property inspected, listing agent will have the Property de-winterized prior to inspection and re-winterized after the inspection.

Last Agent to Sell the Property

Danielle Kirby

Berkshire Hathaway HomeService License #S.49073 Listed on: 01/25/2013

Berkshire Hathaway HomeService

Last Buyer's Agent

Amina (A.J.) Johns

A.J. Johns & Associates License #B.1001849

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,464

Year Built

  • Built in 1994

Lot Details

  • 12.19 Acre Lot
  • Partially Fenced Property
  • Landscaped
  • Wooded Lot
  • Property is zoned LDR

HOA Fees

  • $44 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Property Views

  • Mountain
  • Desert
  • Valley

Home Design

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

Interior Spaces

  • 1,995 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Family Room with Fireplace
  • Separate Formal Living Room
  • Carpet
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Jetted Tub in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Laundry in Bathroom
  • Laundry Cabinets

Schools

  • Silver Lake Elementary School
  • Cold Springs Middle School
  • North Valleys High School

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Horse Stalls
  • Corral

Utilities

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

Additional Features

  • Deck
  • Property is near a forest

Community Details

  • $300 HOA Transfer Fee
  • Rancho Haven Association
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Home warranty included in the sale of the property
  • Assessor Parcel Number 07815105

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,464

Year Built

Built in 1994

Lot Details

0

HOA Fees

$44 per month

Parking

2

Listing Details

  • Year Built: 1994
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: Yes
  • Lot Features: Landscaped, Wooded
  • Lot Size Acres: 12.19
  • Has View?: Yes
  • Association Amenities: None
  • Association Fees: 44.0
  • Association Fee Frequency: Monthly
  • Has H O A?: Yes
  • Co List Office Mls Id: 2008-o
  • Co List Office Phone: 775-636-6767
  • Special Conditions: Real Estate Owned
  • Directions: Red Rock & Arabian
  • Has Fireplace?: Yes
  • Living Area: 1995.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Silver Lake
  • Tax Legal Middle Or Junior School2: Cold Springs
  • Tax Legal High School: North Valleys
  • Tax Legal Tax Annual Amount: 1463.96
  • Tax Legal Zoning4: LDR
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 44.0
  • Building Stories5: 1
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 12.19
  • Lot Lot Size Square Feet2: 530996.4
  • Lot Horse Y N2: Yes
  • Association Details Transfer Fee: 300.0
  • Lot View Y N2: Yes
  • Lot Features Landscaped: Yes
  • Foundation Details Crawl Space: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Typeof Construction Site Stick- Built: Yes
  • Water Heater Electric5: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Other Structures Corral(s)2: Yes
  • Other Structures Stall(s): Yes
  • Outdoor Living Spaces Deck3: Yes
  • View Mountain(s): Yes
  • Appliances Microwave: Yes
  • Fencing Partial2: Yes
  • Sewer Septic Tank: Yes
  • View Desert: Yes
  • View Valley: Yes
  • Lot Features Adjoins Forest: Yes
  • Lot Features Wooded: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: Rancho Haven
  • Association Details Management Company Phone5: 337-2700
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Primary Downstairs
  • Window Features: Double Pane Windows
  • Interior Bathrooms Half: 1
  • Interior Living Area4: 1995.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Interior Features Breakfast Bar: Yes
  • Interior Features Primary Downstairs: Yes
  • Window Features Double Pane Windows: Yes
  • Living Room Features Separate Formal Room: Yes
  • Dining Room Features Separate Formal Room2: Yes
  • Family Room Features Separate Formal Room3: Yes
  • Kitchen Features Breakfast Bar2: Yes
  • Interior Fireplaces Total2: 1.0
  • Primary Bedroom Features On Main Floor: Yes
  • Primary Bedroom Features Shower Stall: Yes
  • Laundry Features Cabinets2: Yes
  • Laundry Features Laundry Area: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Primary Bedroom Features High Ceilings6: Yes
  • Fireplace Features Family Room: Yes
  • Kitchen Features Breakfast Nook: Yes
  • Kitchen Features Built- In Microwave: Yes
  • Primary Bedroom Features Ceiling Fan(s)7: Yes
  • Interior Features Ceiling Fan(s)2: Yes
  • Laundry Features In Bathroom: Yes
  • Family Room Features Ceiling Fan(s)5: Yes
  • Primary Bedroom Features Jetted Tub: Yes

Exterior Features

  • Roof: Composition, Pitched, Shingle
  • Stories: 1
  • View: Desert, Mountain(s), Valley
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space
  • Other Structures: Corral(s)
  • Patio And Porch Features: Deck
  • 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, 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: Cabinets, In Bathroom, Laundry Area
  • Heating: Propane
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities Heating Y N3: Yes
  • Utilities Electricity Available: Yes
  • Utilities Water Available: Yes
  • Utilities Propane4: Yes
  • Heating Propane2: Yes
  • Water Source Private6: Yes
  • Water Source Well: Yes

Schools

  • Middle Or Junior School: Cold Springs

Lot Info

  • Parcel Number: 07815105
  • Fencing: Partial
  • Lot Size Sq Ft: 530996.4
  • Zoning: LDR

Tax Info

  • Tax Annual Amount: 1463.96

MLS Schools

  • Elementary School: Silver Lake
  • HighSchool: North Valleys

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2023
Sold by
Smith Thomas F and Smith Linda M
Bought by
Pits4us Family Trust
Current Estimated Value
$650,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,850
Outstanding Balance
$47,777
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$602,371

Purchase Details

Closed on
Sep 9, 2020
Sold by
Smith Thomas F and Horton Smith Linda
Bought by
Smith Thomas F and Smith Linda M

Purchase Details

Closed on
Aug 16, 2019
Sold by
Smith Thomas F and Smith Linda M
Bought by
Smith Thomas F and Horton Smith Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,400
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2018
Sold by
Smith Thomas F and Horton Smith Linda M
Bought by
Smith Thomas F and Smith Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,250,000
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2016
Sold by
Smith Thomas F and Smith Linda M
Bought by
Smith Thomas F and Horton Smith Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2015
Sold by
Singletary Cynthia M
Bought by
Smith Thomas F and Smith Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,019
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 25, 2013
Closed on
Mar 29, 2013
Sold by
Federal National Mortgage Association
Bought by
Singletary Cynthia M
Seller's Agent
Danielle Kirby
Berkshire Hathaway HomeService
Buyer's Agent
Amina (A.J.) Johns
A.J. Johns & Associates
List Price
$253,100
Sold Price
$239,000
Premium/Discount to List
-$14,100
-5.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.35%
Original Mortgage
$230,635
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 7, 2012
Sold by
Crawford Brice A and Crawford Susan L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 14, 2003
Sold by
Fernandez Ricardo J
Bought by
Crawford Brice A and Crawford Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,745
Interest Rate
5.46%
Mortgage Type
VA

Purchase Details

Closed on
Mar 30, 1999
Sold by
Clow Michael J and Clow Janet
Bought by
Fernandez Ricardo J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.79%

Purchase Details

Closed on
Mar 29, 1994
Sold by
Taylor John R and Taylor Renee L
Bought by
Clow Michael J and Clow Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.15%
Source: Public Records

Range of Values:

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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
Pits4us Family Trust -- Radian Settlement Services
Smith Thomas F -- None Listed On Document
Smith Thomas F -- None Available
Smith Thomas F -- First Centennial Reno
Smith Thomas F -- First Centennial Reno
Smith Thomas F -- First Centennial Reno
Smith Thomas F $275,000 First Centennial Reno
Singletary Cynthia M $239,000 First American Title Ins Co
Federal National Mortgage Association $287,821 None Available
Crawford Brice A $242,000 First Centennial Title Co
Fernandez Ricardo J $200,000 Western Title
Clow Michael J $18,000 Western Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Thomas F $49,850
Previous Owner Smith Thomas F $327,400
Previous Owner Smith Thomas F $3,250,000
Previous Owner Smith Thomas F $272,000
Previous Owner Smith Thomas F $270,019
Previous Owner Singletary Cynthia M $230,635
Previous Owner Crawford Brice A $248,745
Previous Owner Fernandez Ricardo J $190,000
Previous Owner Clow Michael J $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2013 05/07/13 Sold $239,000 -5.6% $120 / Sq Ft
03/12/2013 03/12/13 Pending -- -- --
01/25/2013 01/25/13 For Sale $253,100 -- $127 / 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 $2,079 $99,829 $29,068 $70,762
2024 $2,079 $101,632 $27,335 $74,297
2023 $2,018 $91,509 $21,560 $69,949
2022 $1,960 $75,772 $17,325 $58,447
2021 $1,903 $73,838 $15,400 $58,438
2020 $1,847 $74,307 $15,400 $58,907
2019 $1,793 $72,680 $15,400 $57,280
2018 $1,741 $71,633 $15,400 $56,233
2017 $1,690 $71,957 $15,400 $56,557
2016 $1,648 $69,934 $12,250 $57,684
2015 $1,644 $69,422 $12,250 $57,172
2014 $1,593 $61,794 $6,300 $55,494
2013 -- $56,540 $6,300 $50,240
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    Danielle Kirby

    Berkshire Hathaway HomeService

    Section Image
  • Amina (A.J.) Johns

    Buyer's Agent in 2013

    Amina (A.J.) Johns

    A.J. Johns & Associates

    (775) 772-2525

    67 Total Sales

    Amina (A.J.) Johns
    Section Image
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Map

Source: Northern Nevada Regional MLS

MLS Number: 130000795

Northern Nevada Regional MLS

APN: 078-151-05

Nevada Washoe County Reno 89508

115 Arabian Way, Reno, NV

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