NOT LISTED FOR SALE

11575 Pepper Way Reno, NV 89506

Estimated Value: $471,260 - $521,000

4 Beds
2 Baths
1,719 Sq Ft
$290/Sq Ft Est. Value

Last Sold July 09, 2012

Last sale price $123,000 $72 Per Sq Ft

Est. 297% increase in value since last sale

Current estimated payment $2,809/month

16 Days on Market

Highlights

  • Barn
  • RV Access or Parking
  • Mountain View
  • Horses Allowed On Property
  • 1.05 Acre Lot
  • Separate Formal Living Room

About This Home

As of July 2012

Full acre in Lemmon Valley w/full fencing. Several outbuildings for storage and animals. New interior paint, carpeting/vinyl & new kitchen appliances. Property to be sold in its present condition w/no warranties, inspections or repairs to be included. A special addendum to be made part of the contract. Cash purchasers to provide proof of cash. Purchaser's getting loan should obtain a free pre-qualification letter from seller's preferred lender, or an entity ..... SEE EXTENDED REMARKS-IMPORTANT!, which is a joint venture with seller's preferred lender by working directly with a mortgage consultant or going online to the website of seller's preferred lender-call listing agent for info. Buyers also have the option to provide proof of other credit decisioned financings or a NACA (Neighborhood Assistance Corporation of America) Qualification Letter. REGARDING OFFERS: Offers will not be considered until seven (7) calendar days after initial listing period begins. Days 8-12; Only offers from owner-occupant buyers, buyers utilizing federal funds under the Neighborhood Stabilization Program (NSP), municipalities & non-profit organizations will be considered. Day 13 +; Seller will consider all offers from all buyers.

Last Agent to Sell the Property

Byron Smith

Sierra Nevada Properties-Reno Listed on: 05/10/2012

Last Buyer's Agent

Kimberly Mock

Ferrari-Lund Real Estate Reno License #S.61798

Ferrari-Lund Real Estate Reno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,093

Year Built

  • Built in 1976

Lot Details

  • 1.05 Acre Lot
  • Property is Fully Fenced
  • Landscaped
  • Level Lot
  • Front Yard Sprinklers
  • Manual Sprinklers System
  • Property is zoned LDS

Parking

  • 3 Car Attached Garage
  • RV Access or Parking

Home Design

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

Interior Spaces

  • 1,719 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Blinds
  • Separate Formal Living Room
  • Combination Kitchen and Dining Room
  • Carpet
  • Mountain Views
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry Cabinets
  • Shelves in Laundry Area

Outdoor Features

  • Patio
  • Separate Outdoor Workshop
  • Storage Shed
  • Outbuilding

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

  • Barn
  • Horses Allowed On Property

Community Details

  • No Home Owners 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 08033102

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,093

Year Built

Built in 1976

Lot Details

0

Parking

3

Listing Details

  • Year Built: 1976
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: Yes
  • Lot Features: Landscaped, Level, Sprinklers In Front
  • Lot Size Acres: 1.05
  • Road Frontage Type: Other
  • Has View?: Yes
  • Association Amenities: None
  • Has H O A?: No
  • Co List Office Mls Id: 1433-o
  • Co List Office Phone: 775-689-8228
  • Special Conditions: Real Estate Owned
  • Directions: Arizona Street
  • Has Fireplace?: No
  • Living Area: 1719.0
  • 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: 1093.0
  • 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: 1.05
  • Lot Lot Size Square Feet2: 45738.0
  • Lot Horse Y N2: Yes
  • Lot View Y N2: Yes
  • Lot Features Landscaped: Yes
  • Foundation Details Crawl Space: Yes
  • Lot Features Level: Yes
  • Lot Features Sprinklers In Front: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Sprinklers Front: Yes
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Appliances Disposal: Yes
  • Fencing Full2: Yes
  • Other Structures Barn(s): Yes
  • Outdoor Living Spaces Patio2: Yes
  • Personal Property Included Storage Shed: Yes
  • View Mountain(s): Yes
  • Appliances Microwave: Yes
  • Sewer Septic Tank: Yes
  • Water Heater Propane3: Yes
  • Sprinklers Manual: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Other Structures Workshop: Yes
  • Special Features: 5120
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Window Features: Blinds, Double Pane Windows
  • Interior Living Area4: 1719.0
  • Interior Fireplace Y N: No
  • Flooring Carpet: Yes
  • Window Features Double Pane Windows: Yes
  • Living Room Features Separate Formal Room: Yes
  • Family Room Features Separate Formal Room3: Yes
  • Window Features Blinds: Yes
  • Primary Bedroom Features Shower Stall: Yes
  • Laundry Features Cabinets2: Yes
  • Laundry Features Laundry Area: Yes
  • Laundry Features Laundry Room: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Dining Room Features Kitchen Combination: Yes
  • Laundry Features Shelves: Yes
  • Kitchen Features Breakfast Nook: Yes
  • Kitchen Features Built- In Microwave: Yes

Exterior Features

  • Roof: Composition, Pitched, Shingle
  • Stories: 1
  • View: Mountain(s)
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space
  • Other Structures: Barn(s), Outbuilding, Workshop
  • Patio And Porch Features: Patio
  • Construction Materials Wood Siding: Yes
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes
  • Other Structures Outbuilding: Yes

Garage/Parking

  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Garage Spaces: 3.0
  • Has Attached Garage?: Yes
  • Parking Features: Attached, RV Access/Parking
  • Total Parking Spaces: 3.0
  • Parking Information Garage Y N: Yes
  • Parking Information Garage Spaces: 3.0
  • Parking Information Carport Y N: No
  • Parking Information Parking Total: 3.0
  • 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, Laundry Area, Laundry Room, Shelves
  • 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: 08033102
  • Fencing: Full
  • Lot Size Sq Ft: 45738.0
  • Zoning: LDS

Tax Info

  • Tax Annual Amount: 1093.0

MLS Schools

  • Elementary School: Lemmon Valley
  • HighSchool: North Valleys

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2012
Closed on
May 25, 2012
Sold by
Hsbc Bank Usa National Association
Bought by
Koepnick Darlene
Seller's Agent
Byron Smith
Sierra Nevada Properties-Reno
Buyer's Agent
Kimberly Mock
Ferrari-Lund Real Estate Reno
List Price
$115,000
Sold Price
$123,000
Premium/Discount to List
$8,000
6.96%
Current Estimated Value
$487,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$364,745
Avg. Annual Appreciation
10.99%
Original Mortgage
$120,772
Outstanding Balance
$86,282
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$396,458

Purchase Details

Closed on
Dec 1, 2011
Sold by
Pedersen Glen
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
May 5, 2006
Sold by
Pedersen Glen and Pedersen Glenn
Bought by
Pedersen Glen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.87%
Mortgage Type
Unknown
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
Koepnick Darlene $123,000 First American Title Sparks
Hsbc Bank Usa National Association $110,500 Accommodation
Pedersen Glen -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koepnick Darlene $10,509
Open Koepnick Darlene $120,772
Previous Owner Pedersen Glen $260,000
Previous Owner Pedersen Glenn $100,000
Previous Owner Pedersen Glenn $47,902
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2012 07/09/12 Sold $123,000 +7.0% $72 / Sq Ft
05/25/2012 05/25/12 Pending -- -- --
05/09/2012 05/09/12 For Sale $115,000 -- $67 / 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 $1,815 $67,271 $37,975 $29,296
2024 $1,681 $65,710 $35,105 $30,605
2023 $1,681 $62,863 $33,075 $29,788
2022 $1,557 $55,201 $29,750 $25,451
2021 $1,442 $45,827 $19,880 $25,947
2020 $1,355 $45,569 $19,005 $26,564
2019 $1,290 $45,348 $19,005 $26,343
2018 $1,231 $39,947 $13,545 $26,402
2017 $1,181 $39,891 $12,880 $27,011
2016 $1,151 $37,854 $9,800 $28,054
2015 $1,149 $37,656 $8,995 $28,661
2014 $1,071 $33,793 $7,140 $26,653
2013 -- $32,101 $5,285 $26,816
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 120005624

Northern Nevada Regional MLS

APN: 080-331-02