NOT LISTED FOR SALE

1278 Rainbow Ln Fernley, NV 89408

Estimated Value: $387,000 - $411,000

3 Beds
2 Baths
1,508 Sq Ft
$266/Sq Ft Est. Value

Last Sold July 17, 2018

Last sale price $286,656 $190 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,549/month

80 Days on Market

Highlights

  • View of Trees or Woods
  • Great Room
  • 2 Car Attached Garage
  • Corner Lot
  • No HOA
  • Double Pane Windows

About This Home

As of July 2018

Brand new Peavine model BUILT home under construction in lot #89. Will be ready for move in around July. Please visit the sales office Wednesday-Sunday 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: 02/16/2018

Last Buyer's Agent

Deborah Houser

LPT Realty, LLC License #S.180571

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,389

Year Built

  • Built in 2018

Lot Details

  • 8,712 Sq Ft Lot
  • Back Yard Fenced
  • Landscaped
  • Corner Lot
  • 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

  • 1,508 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
  • Ceramic Tile

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
  • Fernley 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 02240608

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,389

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: Corner Lot, Landscaped, Level, Sprinklers In Front
  • 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: 2342-o
  • Co List Office Phone: 775-393-9881
  • Directions: Farm District Road -> Rainbow
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Living Area: 1508.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: East Valley
  • Tax Legal Middle Or Junior School2: Fernley
  • 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
  • Lot Features Sprinklers In Front: 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
  • Lot Features Corner Lot: 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, Ceramic Tile
  • 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: 1508.0
  • 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
  • Flooring Ceramic Tile: 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
  • 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: Fernley

Lot Info

  • Parcel Number: 02240608
  • 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
Feb 16, 2018
Closed on
Jul 11, 2018
Sold by
Wright Julie Ann
Bought by
Stanich David A
Seller's Agent
Clint Stitser
Stitser Properties
Buyer's Agent
Deborah Houser
LPT Realty, LLC
List Price
$282,500
Sold Price
$286,656
Premium/Discount to List
$4,156
1.47%
Current Estimated Value
$400,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,956
Avg. Annual Appreciation
4.83%
Original Mortgage
$257,990
Outstanding Balance
$224,054
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$176,558

Purchase Details

Listed on
Feb 16, 2018
Closed on
Jul 5, 2018
Sold by
Silverland 2015 Llc
Bought by
Stanich David A
Seller's Agent
Clint Stitser
Stitser Properties
Buyer's Agent
Deborah Houser
LPT Realty, LLC
List Price
$282,500
Sold Price
$286,656
Premium/Discount to List
$4,156
1.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,990
Outstanding Balance
$224,054
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$176,558

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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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
Stanich David A -- Title Services & Escrow
Stanich David A $286,656 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 Stanich David A $257,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2018 07/17/18 Sold $286,656 +1.5% $190 / Sq Ft
05/07/2018 05/07/18 Pending -- -- --
02/16/2018 02/16/18 For Sale $282,500 -- $187 / 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 $4,389 $121,852 $40,250 $81,602
2024 $4,473 $121,861 $40,250 $81,611
2023 $4,473 $116,387 $40,250 $76,137
2022 $3,867 $110,320 $40,250 $70,070
2021 $3,637 $103,008 $35,000 $68,008
2020 $3,395 $99,769 $35,000 $64,769
2019 $3,225 $93,659 $31,500 $62,159
2018 $2,771 $77,589 $17,150 $60,439
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

    24 Total Sales

    Section Image
  • Deborah Houser

    Buyer's Agent in 2018

    Deborah Houser

    LPT Realty, LLC

    (818) 939-9976

    47 Total Sales

    Section Image
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Map

Source: Northern Nevada Regional MLS

MLS Number: 180002030

Northern Nevada Regional MLS

APN: 022-406-08

Nevada Lyon County Fernley 89408

1278 Rainbow Ln, Fernley, NV

This home is located at 1278 Rainbow Ln, Fernley, NV 89408 since 16 February 2018 and is currently estimated at $400,612, approximately $265 per square foot. This property was built in 2018. 1278 Rainbow Ln is a home located in Lyon County with nearby schools including East Valley Elementary School, Fernley Intermediate School, and Fernley High School.

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