NOT LISTED FOR SALE

1280 Rainbow Ln Fernley, NV 89408

Estimated Value: $434,232 - $448,000

4 Beds
2 Baths
1,835 Sq Ft
$240/Sq Ft Est. Value

Last Sold March 25, 2019

Last sale price $316,323 $172 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,638/month

369 Days on Market

Highlights

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

About This Home

As of March 2019

Brand new move-in ready Shasta model. This is a stunning BUILT home on lot #88. Featuring an open kitchen with dark cabinets, granite counter tops, pantry, island with breakfast bar, and ample storage. The master bedroom has a slider out to the backyard, dual sinks, quartz countertops, glass enclosed shower, garden tub and separate restroom area. Please visit the sales office Thursday-Monday 11am-5pm for a tour. Please register your client on their first visit to the community., 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

Clint Stitser

Stitser Properties License #B.145048 Listed on: 02/16/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,824

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

  • 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
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 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
  • 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
  • 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 02240609

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,824

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: 2342-o
  • Co List Office Phone: 775-393-9881
  • Directions: Farm District Road -> 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: Fernley
  • 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
  • Appliances Dishwasher: Yes
  • 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 Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Range, Microwave
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • 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
  • 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
  • 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: 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, 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 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: 02240609
  • Fencing: Back Yard
  • Lot Size Sq Ft: 8712.0
  • Zoning: NR3

Tax Info

  • Tax Annual Amount: 80.0

MLS Schools

  • Elementary School: Fernley
  • HighSchool: Fernley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2018
Closed on
Mar 12, 2019
Sold by
Silverland 2015 Llc
Bought by
Ludwig Michael R and Ludwig Patricia L
Seller's Agent
Clint Stitser
Stitser Properties
Buyer's Agent
Clint Stitser
Stitser Properties
List Price
$308,735
Sold Price
$316,323
Premium/Discount to List
$7,588
2.46%
Current Estimated Value
$441,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,735
Avg. Annual Appreciation
5.16%

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
Ludwig Michael R $315,735 Title Service & Escrow Fernl
Landsmith Appreciation Fund Llc $600,000 Western Title Company Inc
Fb Holdings Llc $2,066,794 Western Title Company Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2019 03/25/19 Sold $316,323 +0.8% $172 / Sq Ft
02/20/2019 02/20/19 Pending -- -- --
10/18/2018 10/18/18 Price Changed $313,800 +1.6% $171 / Sq Ft
02/16/2018 02/16/18 For Sale $308,735 -- $168 / 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 $2,824 $108,496 $40,250 $94,796
2024 $3,151 $109,238 $40,250 $94,788
2023 $3,151 $103,674 $0 $0
2022 $3,849 $121,619 $40,250 $81,369
2021 $3,773 $114,168 $35,000 $79,168
2020 $3,670 $110,196 $35,000 $75,196
2019 $3,592 $103,700 $31,500 $72,200
2018 $3,120 $87,261 $17,150 $70,111
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 2019

    Clint Stitser

    Stitser Properties

    (775) 636-2969

    24 Total Sales

    Clint Stitser
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Map

Source: Northern Nevada Regional MLS

MLS Number: 180002029

Northern Nevada Regional MLS

APN: 022-406-09

Nevada Lyon County Fernley 89408

1280 Rainbow Ln, Fernley, NV

This home is located at 1280 Rainbow Ln, Fernley, NV 89408 since 16 February 2018 and is currently estimated at $441,058, approximately $240 per square foot. This property was built in 2018. 1280 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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