NOT LISTED FOR SALE

1272 Rainbow Ln Fernley, NV 89408

Estimated Value: $385,000 - $411,000

3 Beds
2 Baths
1,514 Sq Ft
$263/Sq Ft Est. Value

Last Sold December 14, 2018

Last sale price $290,046 $192 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,529/month

91 Days on Market

Highlights

  • View of Trees or Woods
  • No HOA
  • Double Pane Windows
  • Great Room
  • 2 Car Attached Garage
  • Walk-In Closet

About This Home

As of December 2018

Brand new Peavine model BUILT home under construction in lot #92. Please visit the sales office Thursday-Monday 11am-5pm. Agent must be present and register client on first visit to receive commission., Brand new, move in ready home in the highly desirable Silverland Estates next door to the new Fernley Middle School. Located near amenities, schools and a quick drive to USA PKWY, this affordable home is a great opportunity. Featuring slab granite countertops and upgraded flooring throughout, you'll love the look and quality of this brand new, move-in ready home.

Last Agent to Sell the Property

Clint Stitser

Stitser Properties License #B.145048 Listed on: 06/12/2018

Last Buyer's Agent

Jason Hamill

Sierra Nevada Properties-Reno License #S.183905

Sierra Nevada Properties-Reno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,323

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 NR3

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Woods
  • Mountain

Home Design

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

Interior Spaces

  • 1,514 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Vinyl Clad Windows
  • Great Room
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

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
  • 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 02240605

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,323

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: 2175-o
  • Co List Office Phone: 775-393-9881
  • Co List Office Mls Id: 2342-o
  • Co List Office Phone: 775-393-9881
  • Directions: Farm District - Rainbow
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Living Area: 1514.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: East Valley
  • Tax Legal Middle Or Junior School2: Silverland
  • Tax Legal High School: Fernley
  • Tax Legal Tax Annual Amount: 80.0
  • Tax Legal Zoning4: NR3
  • 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
  • Cooling Refrigerated: Yes
  • Appliances Disposal: Yes
  • Outdoor Living Spaces Patio2: Yes
  • Security Features Smoke Detector(s): Yes
  • Sprinklers Drip System In Front: Yes
  • View Mountain(s): Yes
  • Water Heater Gas5: Yes
  • Construction Materials Stucco: Yes
  • Sprinklers Automatic: Yes
  • View Trees Woods: Yes
  • Appliances Gas Range: Yes
  • Appliances Included As Personal Property Gas Oven2: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Disposal, Gas Range
  • Flooring: Carpet, Tile, Vinyl
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Kitchen Island, Walk-In Closet(s)
  • Window Features: Double Pane Windows, Vinyl Frames
  • Interior Living Area4: 1514.0
  • Interior Fireplace Y N: No
  • Flooring Carpet: Yes
  • Interior Features Breakfast Bar: Yes
  • Window Features Double Pane Windows: Yes
  • Window Features Vinyl Frames: Yes
  • Kitchen Features Breakfast Bar2: 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 Disposal2: Yes
  • Interior Features Kitchen Island: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Kitchen Features Kitchen Island2: Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes
  • Dining Room Features Great Room4: Yes
  • Flooring Tile: Yes
  • Flooring Vinyl: Yes
  • Family Room Features Great Room5: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Pitched, Shingle
  • Stories: 1
  • View: Mountain(s), Trees/Woods
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • 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, Natural Gas Available, Phone Available, Sewer Available, Water Available, Water Meter Installed
  • Water Source: Public
  • Laundry Features: Laundry Area, Laundry Room
  • 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 Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Utilities Water Meter Installed: 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: 02240605
  • Fencing: Back Yard
  • Lot Size Sq Ft: 8712.0
  • Zoning: NR3

Tax Info

  • Tax Annual Amount: 80.0

MLS Schools

  • Elementary School: East Valley
  • HighSchool: Fernley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2018
Closed on
Nov 23, 2018
Sold by
Silverland 2015 Llc
Bought by
Beachman Kenneth James and Beachman Anna
Seller's Agent
Clint Stitser
Stitser Properties
Buyer's Agent
Jason Hamill
Sierra Nevada Properties-Reno
List Price
$290,046
Sold Price
$290,046
Current Estimated Value
$398,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,776
Avg. Annual Appreciation
4.66%
Original Mortgage
$232,036
Outstanding Balance
$206,403
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$187,687

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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Beachman Kenneth James $290,046 Title Service & 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 Beachman Kenneth James $232,036
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2018 12/14/18 Sold $290,046 0.0% $192 / Sq Ft
09/11/2018 09/11/18 Pending -- -- --
06/12/2018 06/12/18 For Sale $290,046 -- $192 / 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 $4,323 $122,789 $40,250 $82,539
2024 $4,412 $122,810 $40,250 $82,560
2023 $4,412 $117,242 $40,250 $76,992
2022 $3,814 $111,090 $40,250 $70,840
2021 $3,588 $103,762 $35,000 $68,762
2020 $3,350 $100,498 $35,000 $65,498
2019 $2,863 $84,895 $22,050 $62,845
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

  • Clint Stitser

    Seller's Agent in 2018

    Clint Stitser

    Stitser Properties

    (775) 636-2969

    25 Total Sales

    Clint Stitser
    Section Image
  • Jason Hamill

    Buyer's Agent in 2018

    Jason Hamill

    Sierra Nevada Properties

    (775) 689-8228

    25 Total Sales

    Jason Hamill
    Section Image
See All Agents

Map

Source: Northern Nevada Regional MLS

MLS Number: 180008216

Northern Nevada Regional MLS

APN: 022-406-05

Nevada Lyon County Fernley 89408

1272 Rainbow Ln, Fernley, NV

This home is located at 1272 Rainbow Ln, Fernley, NV 89408 since 12 June 2018 and is currently estimated at $398,822, approximately $263 per square foot. This property was built in 2018. 1272 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.

Nearby Homes