NOT LISTED FOR SALE

1274 Rainbow Ln Fernley, NV 89408

Estimated Value: $426,000 - $443,000

3 Beds
2 Baths
1,835 Sq Ft
$239/Sq Ft Est. Value

Last Sold July 25, 2022

Last sale price $420,000 $229 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,706/month

39 Days on Market

Highlights

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

About This Home

As of July 2022

Like new home in highly desirable Silverland Estates, close to shopping, schools and just a quick drive to USA Parkway. Open floor plan. Paver patios in backyard and the rest is waiting for your creative touch. Ready for new owners, come and visit today., This is a probate sale and is being sold in "as is condition". Buyer and buyer's agent to independently verify listing information.

Last Agent to Sell the Property

Cheryl Largen

Ferrari-Lund Real Estate Reno License #S.74213 Listed on: 04/29/2022

Ferrari-Lund Real Estate Reno

Last Buyer's Agent

Jessica Stanger

RE/MAX Traditions License #B.38081

RE/MAX Traditions

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,809

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 SF6

Parking

  • 3 Car Attached Garage

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
  • Great Room
  • Separate Formal Living Room
  • Home Office
  • Carpet
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry in Hall
  • Laundry Cabinets

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
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Court or third-party approval is required for the sale
  • Assessor Parcel Number 02240606

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,809

Year Built

Built in 2018

Lot Details

0

Parking

3

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
  • Special Conditions: Court Approval
  • Directions: Farm District, Rainbow
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Living Area: 1835.0
  • 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: 3809.33
  • Tax Legal Zoning4: SF6
  • 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: No
  • Sprinklers Front: Yes
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: No
  • Cooling Refrigerated: Yes
  • Appliances Disposal: 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 Listing Conditions Court Approval: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Disposal, Gas Range, Microwave, Refrigerator
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), High Ceilings, Pantry, Primary Downstairs, Walk-In Closet(s)
  • Window Features: Double Pane Windows, Vinyl Frames
  • Interior Living Area4: 1835.0
  • Interior Fireplace Y N: No
  • Flooring Carpet: Yes
  • Interior Features High Ceilings: Yes
  • Interior Features Breakfast Bar: Yes
  • Interior Features Primary Downstairs: Yes
  • Window Features Double Pane Windows: Yes
  • Window Features Vinyl Frames: Yes
  • Living Room Features Separate Formal Room: Yes
  • Kitchen Features Breakfast Bar2: 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
  • Laundry Features Cabinets2: Yes
  • Laundry Features Laundry Area: Yes
  • Dining Room Features High Ceilings3: Yes
  • Kitchen Features Disposal2: Yes
  • Primary Bedroom Features High Ceilings6: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Kitchen Features Built- In Microwave: Yes
  • Primary Bedroom Features Ceiling Fan(s)7: Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes
  • Interior Features Ceiling Fan(s)2: Yes
  • Dining Room Features Great Room4: 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: 3.0
  • Has Attached Garage?: Yes
  • Parking Features: Attached
  • 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

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • 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 Natural Gas Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Heating Forced Air: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes

Schools

  • Middle Or Junior School: Silverland

Lot Info

  • Parcel Number: 02240606
  • Fencing: Back Yard
  • Lot Size Sq Ft: 8712.0
  • Zoning: SF6

Tax Info

  • Tax Annual Amount: 3809.33

MLS Schools

  • Elementary School: East Valley
  • HighSchool: Fernley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2022
Closed on
Jul 21, 2022
Sold by
Mcculloch Alexander C
Bought by
Nichols David and Nichols Crystal
Seller's Agent
Cheryl Largen
Ferrari-Lund Real Estate Reno
Buyer's Agent
Jessica Stanger
RE/MAX Traditions
List Price
$475,000
Sold Price
$420,000
Premium/Discount to List
-$55,000
-11.58%
Current Estimated Value
$437,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,994
Avg. Annual Appreciation
1.41%
Original Mortgage
$391,500
Outstanding Balance
$376,058
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$62,417

Purchase Details

Listed on
Feb 16, 2018
Closed on
Aug 8, 2018
Sold by
Silverland 2015 Llc
Bought by
Mcculloch Alexander C and Mcculloch Saundra D
Seller's Agent
Clint Stitser
Stitser Properties
Buyer's Agent
Daniel McCreary
RE/MAX Traditions
List Price
$315,000
Sold Price
$315,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.70%
Original Mortgage
$299,669
Interest Rate
5.25%
Mortgage Type
FHA

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
Nichols David $420,000 First Centennial Title
Mcculloch Alexander C $315,000 Title Service & Escrow Co
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 Nichols David $391,500
Previous Owner Mcculloch Alexander C $299,649
Previous Owner Mcculloch Alexander C $300,099
Previous Owner Mcculloch Alexander C $301,451
Previous Owner Mcculloch Alexander C $299,669
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2022 07/25/22 Sold $420,000 +1.2% $229 / Sq Ft
06/07/2022 06/07/22 Pending -- -- --
06/06/2022 06/06/22 Price Changed $415,000 -4.6% $226 / Sq Ft
05/31/2022 05/31/22 Price Changed $435,000 -2.2% $237 / Sq Ft
05/18/2022 05/18/22 Price Changed $445,000 -6.3% $243 / Sq Ft
04/29/2022 04/29/22 For Sale $475,000 +50.8% $259 / Sq Ft
09/06/2018 09/06/18 Sold $315,000 0.0% $172 / Sq Ft
08/07/2018 08/07/18 Pending -- -- --
02/16/2018 02/16/18 For Sale $315,000 -- $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 $3,838 $138,289 $40,250 $98,039
2024 $4,135 $138,254 $40,250 $98,003
2023 $4,135 $131,659 $40,250 $91,409
2022 $3,886 $124,135 $40,250 $83,885
2021 $3,809 $116,656 $35,000 $81,656
2020 $3,706 $112,751 $35,000 $77,751
2019 $3,626 $106,124 $31,500 $74,624
2018 $3,204 $89,608 $17,150 $72,458
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

  • Cheryl Largen

    Seller's Agent in 2022

    Cheryl Largen

    Ferrari-Lund Real Estate Reno

    (775) 287-8662

    53 Total Sales

    Cheryl Largen
    Section Image
  • Jessica Stanger

    Buyer's Agent in 2022

    Jessica Stanger

    RE/MAX

    (775) 745-6601

    230 Total Sales

    Jessica Stanger
    Section Image
  • Clint Stitser

    Seller's Agent in 2018

    Clint Stitser

    Stitser Properties

    (775) 636-2969

    24 Total Sales

    Clint Stitser
    Section Image
  • Daniel McCreary

    Buyer's Agent in 2018

    Daniel McCreary

    RE/MAX

    (775) 745-9106

    78 Total Sales

    Daniel McCreary
    Section Image
See All Agents

Map

Source: Northern Nevada Regional MLS

MLS Number: 220005753

Northern Nevada Regional MLS

APN: 022-406-06

Nevada Lyon County Fernley 89408

1274 Rainbow Ln, Fernley, NV

This home is located at 1274 Rainbow Ln, Fernley, NV 89408 since 29 April 2022 and is currently estimated at $437,994, approximately $238 per square foot. This property was built in 2018. 1274 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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