NOT LISTED FOR SALE

1264 Rainbow Ln Fernley, NV 89408

Estimated Value: $427,000 - $446,000

3 Beds
2 Baths
1,835 Sq Ft
$238/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $355,500 $194 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,768/month

11 Days on Market

Highlights

  • Mountain View
  • High Ceiling
  • No HOA
  • Separate Formal Living Room
  • Great Room
  • Home Office

About This Home

As of March 2021

Large, well-kept family home that is nearly new. This "Shasta" model in the highly desirable Silverland Estates shows like a dream. Three generous bedrooms, a formal living room, large family room, and even an extra room for a den or home office. The open-concept kitchen features dark cabinets, granite countertops, pantry, island with breakfast bar and plenty of storage space. Master bath has quartz counters, dual sinks, and garden tub, along with a glass enclosed shower., Master also offers a slider out to the spacious backyard. This house truly has it all: paver driveway, xeriscape landscaping and easy access to schools and shopping. Make your showing appointment today. Builder warranty still in effect. Tenant occupied but easy to show.

Last Agent to Sell the Property

Regina Lockwood

Ferrari-Lund Real Estate Reno License #S.169383 Listed on: 01/28/2021

Ferrari-Lund Real Estate Reno

Last Buyer's Agent

Elizabeth Grace

Sierra Nevada Properties-Fallo License #S.186787

Sierra Nevada Properties-Fallo

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,740

Year Built

  • Built in 2018

Lot Details

  • 8,712 Sq Ft Lot
  • Back Yard Fenced
  • Landscaped
  • Level Lot
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Property is zoned NR1

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Mountain
  • Desert

Home Design

  • Slab Foundation
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stick Built Home
  • Stucco

Interior Spaces

  • 1,835 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows
  • Drapes & Rods
  • Blinds
  • Great Room
  • Separate Formal Living Room
  • Home Office
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry in Hall
  • Dryer
  • Washer
  • Laundry Cabinets

Schools

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

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 02240601

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,740

Year Built

Built in 2018

Lot Details

0

Parking

2

Listing Details

  • Year Built: 2018
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Landscaped, Level
  • Lot Size Acres: 0.2
  • 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: 643-o
  • Co List Office Phone: 775-688-4000
  • Directions: Farm District Road
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Living Area: 1835.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Fernley
  • Tax Legal Middle Or Junior School2: Silverland
  • Tax Legal High School: Fernley
  • Tax Legal Tax Annual Amount: 3739.84
  • 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: 0.2
  • Lot Lot Size Square Feet2: 8712.0
  • Lot Horse Y N2: No
  • Lot View Y N2: Yes
  • Fencing Back Yard: Yes
  • Lot Features Landscaped: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Lot Features Level: Yes
  • Sewer Public Sewer: 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
  • Cooling Refrigerated: Yes
  • Appliances Disposal: Yes
  • Appliances Dryer: Yes
  • Appliances Washer: Yes
  • Fencing Full2: Yes
  • Security Features Smoke Detector(s): Yes
  • Sprinklers Drip System In Front: Yes
  • View Mountain(s): Yes
  • Appliances Microwave: Yes
  • Water Heater Gas5: Yes
  • Construction Materials Stucco: Yes
  • Sprinklers Automatic: Yes
  • View Desert: Yes
  • Other Rooms Office Den: Yes
  • Appliances Gas Range: Yes
  • Appliances Included As Personal Property Gas Oven2: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Gas Range, Microwave, Refrigerator, Washer
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Ceiling Fan(s), High Ceilings, Kitchen Island, Pantry, Primary Downstairs, Walk-In Closet(s)
  • Window Features: Blinds, Double Pane Windows, Drapes, Vinyl Frames
  • Interior Living Area4: 1835.0
  • Interior Fireplace Y N: No
  • Flooring Carpet: Yes
  • Interior Features High Ceilings: Yes
  • Interior Features Primary Downstairs: Yes
  • Window Features Double Pane Windows: Yes
  • Window Features Vinyl Frames: Yes
  • Living Room Features Separate Formal Room: Yes
  • Window Features Blinds: Yes
  • Window Features Drapes: Yes
  • Laundry Features In Hall: Yes
  • Primary Bedroom Features Double Sinks: Yes
  • Primary Bedroom Features Tub Shower Combination: Yes
  • Primary Bedroom Features On Main Floor: Yes
  • Primary Bedroom Features Shower Stall: Yes
  • Laundry Features Cabinets2: Yes
  • Laundry Features Laundry Area: Yes
  • Dining Room Features High Ceilings3: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Interior Features Kitchen Island: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Kitchen Features Built- In Microwave: Yes
  • Kitchen Features Kitchen Island2: Yes
  • Primary Bedroom Features Ceiling Fan(s)7: Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes
  • Flooring Laminate: Yes
  • Interior Features Ceiling Fan(s)2: Yes
  • Dining Room Features Ceiling Fan(s)4: Yes
  • Family Room Features Great Room5: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Pitched, Shingle
  • Stories: 1
  • View: Desert, Mountain(s)
  • Construction Type: Stucco, Wood Siding
  • Foundation Details: Slab
  • 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, Garage Door Opener
  • 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 Garage Door Opener: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Available, Phone Available, Sewer Available, Water Available, Cellular Coverage
  • Water Source: Public
  • Laundry Features: Cabinets, In Hall, Laundry Area
  • Cooling: Central Air, Refrigerated
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Cooling Y N3: Yes
  • Utilities Heating Y N3: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Utilities Internet Available: Yes
  • Heating Forced Air: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes

Schools

  • Middle Or Junior School: Silverland

Lot Info

  • Parcel Number: 02240601
  • Fencing: Back Yard, Full
  • Lot Size Sq Ft: 8712.0
  • Zoning: NR1

Tax Info

  • Tax Annual Amount: 3739.84

MLS Schools

  • Elementary School: Fernley
  • HighSchool: Fernley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2021
Closed on
Mar 6, 2021
Sold by
Thompson Tolya and Patten Michael D
Bought by
Leyva Junior
Seller's Agent
Regina Lockwood
Ferrari-Lund Real Estate Reno
Buyer's Agent
Elizabeth Grace
Sierra Nevada Properties-Fallo
List Price
$365,000
Sold Price
$355,500
Premium/Discount to List
-$9,500
-2.6%
Current Estimated Value
$436,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,692
Avg. Annual Appreciation
4.70%
Original Mortgage
$353,535
Outstanding Balance
$317,797
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$118,395

Purchase Details

Listed on
Feb 26, 2019
Closed on
Mar 12, 2019
Sold by
Silverland 2015 Llc
Bought by
Thompson Tolya and Patten Michael D
Seller's Agent
Clint Stitser
Stitser Properties
Buyer's Agent
Tammy Carvajal-Van lydegraf
NextHome Sierra Realty
List Price
$315,777
Sold Price
$318,100
Premium/Discount to List
$2,323
0.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.72%
Original Mortgage
$238,500
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2018
Sold by
Silverland 2015 Llc
Bought by
Bonilla Christopher Paul and Seaton Caitlin E

Purchase Details

Closed on
Jun 28, 2010
Sold by
Fb Holdings Llc
Bought by
Landsmith Appreciation Fund Llc

Purchase Details

Closed on
Feb 17, 2009
Sold by
Silverland Fernley Llc
Bought by
Fb Holdings Llc
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
Leyva Junior $355,500 First Centennial Reno
Thompson Tolya $318,000 Title Service & Escrow Fernl
Bonilla Christopher Paul $307,085 Title Services And Escrow
Landsmith Appreciation Fund Llc $600,000 Western Title Company Inc
Fb Holdings Llc $2,066,794 Western Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leyva Junior $353,535
Previous Owner Thompson Tolya $238,500
Previous Owner Silverland 2015 Llc $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $355,500 -2.6% $194 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
01/28/2021 01/28/21 For Sale $365,000 +14.7% $199 / Sq Ft
04/01/2019 04/01/19 Sold $318,100 +0.7% $173 / Sq Ft
03/01/2019 03/01/19 Pending -- -- --
02/26/2019 02/26/19 For Sale $315,777 -- $172 / 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 $4,902 $135,299 $40,250 $95,049
2024 $4,948 $135,259 $40,250 $95,008
2023 $4,948 $128,934 $40,250 $88,684
2022 $4,269 $121,767 $40,250 $81,517
2021 $4,009 $114,347 $35,000 $79,347
2020 $3,740 $110,412 $35,000 $75,412
2019 $3,548 $103,880 $31,500 $72,380
2018 $405 $17,150 $17,150 $0
2017 $418 $9,800 $9,800 $0
2016 $321 $3,150 $3,150 $0
2015 $343 $3,150 $3,150 $0
2014 $341 $3,150 $3,150 $0
Source: Public Records

Agents Affiliated with this Home

  • Regina Lockwood

    Seller's Agent in 2021

    Regina Lockwood

    Ferrari-Lund Real Estate Reno

    (775) 843-5133

    53 Total Sales

    Regina Lockwood
    Section Image

  • E

    Buyer's Agent in 2021

    Elizabeth Grace

    Sierra Nevada Properties

    Section Image
  • Clint Stitser

    Seller's Agent in 2019

    Clint Stitser

    Stitser Properties

    (775) 636-2969

    25 Total Sales

    Clint Stitser
    Section Image
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Map

Source: Northern Nevada Regional MLS

MLS Number: 210001073

Northern Nevada Regional MLS

APN: 022-406-01

Nevada Lyon County Fernley 89408

1264 Rainbow Ln, Fernley, NV

This home is located at 1264 Rainbow Ln, Fernley, NV 89408 since 28 January 2021 and is currently estimated at $436,192, approximately $237 per square foot. This property was built in 2018. 1264 Rainbow Ln is a home located in Lyon County with nearby schools including East Valley Elementary School, Fernley Intermediate School, and Fernley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Nevada Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The content relating to real estate for sale on this web site comes in part from the Broker Reciprocity/ IDX program of the Northern Nevada Regional Multiple Listing Service°. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo and detailed information about those listings includes the name of the listing brokerage. Any use of the content other than by a search performed by a consumer looking to purchase or rent real estate is prohibited. © 2025 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved.

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