NOT LISTED FOR SALE

1294 Rainbow Ln Fernley, NV 89408

Estimated Value: $448,000 - $485,000

3 Beds
2 Baths
2,144 Sq Ft
$219/Sq Ft Est. Value

Last Sold November 08, 2021

Last sale price $430,000 $201 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,683/month

22 Days on Market

Highlights

  • Spa
  • High Ceiling
  • No HOA
  • Mountain View
  • Great Room
  • Home Office

About This Home

As of November 2021

Spectacular single level home with many resent upgrades, new flooring, new interior paint , relaxing and therapeutic spa, extra plush padding and carpeting in the bedrooms. The rear yard has many garden areas along with fruit trees and privacy. The floor plan offers many flexibilities for today’s living including an office or formal dining room option, the bedrooms are split for maximum privacy and the three car garage is tandem and the possibilities are boundless here.

Last Agent to Sell the Property

Karen Greathouse

Greathouse Real Estate License #B.1000788 Listed on: 08/30/2021

Last Buyer's Agent

Nate Teel

Dickson Realty - Damonte Ranch

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,640

Year Built

  • Built in 2006

Lot Details

  • 8,712 Sq Ft Lot
  • Back Yard Fenced
  • Landscaped
  • Level Lot
  • Front Yard Sprinklers
  • Property is zoned Single Family Residential

Parking

  • 3 Car Attached Garage
  • Tandem Parking
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Pitched Roof
  • Tile Roof
  • Wood Siding
  • Stick Built Home
  • Stucco

Interior Spaces

  • 2,144 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Family or Dining Combination
  • Home Office
  • Mountain Views

Kitchen

  • Built-In Oven
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower
  • Garden Bath

Laundry

  • Laundry Room
  • Laundry Cabinets

Home Security

  • Smart Thermostat
  • Fire and Smoke Detector

Pool

  • Spa

Schools

  • Fernley Elementary And 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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 02240616

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,640

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Year Built: 2006
  • 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: 1823-o
  • Co List Office Phone: 775-786-1010
  • Directions: Farm District Road
  • Has Cooling?: Yes
  • Has Fireplace?: Yes
  • Living Area: 2144.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Fernley
  • Tax Legal Middle Or Junior School2: Fernley
  • Tax Legal High School: Fernley
  • Tax Legal Tax Annual Amount: 1.0
  • Tax Legal Zoning4: Single Family Residential
  • 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
  • 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
  • Fireplace Features Gas Log: Yes
  • Other Rooms Office Den: Yes
  • Other Rooms Entrance Foyer2: Yes
  • Personal Property Included Spa Hot Tub2: Yes
  • Appliances Gas Range: Yes
  • Appliances Included As Personal Property Gas Oven2: Yes
  • Appliances Included As Personal Property Gas Cooktop2: Yes
  • Appliances Included As Personal Property Oven2: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Cooktop, Gas Range, Microwave, Oven
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Ceiling Fan(s), High Ceilings, Kitchen Island, Pantry, Smart Thermostat, Walk-In Closet(s)
  • Window Features: Blinds, Double Pane Windows, Drapes, Rods, Vinyl Frames
  • Interior Living Area4: 2144.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Interior Features High Ceilings: Yes
  • Fireplace Features Living Room: Yes
  • Window Features Double Pane Windows: Yes
  • Window Features Vinyl Frames: Yes
  • Window Features Blinds: Yes
  • Window Features Drapes: Yes
  • Living Room Features Family Room Combination: Yes
  • Primary Bedroom Features Double Sinks: Yes
  • Interior Fireplaces Total2: 1.0
  • Primary Bedroom Features Shower Stall: Yes
  • Flooring Ceramic Tile: Yes
  • Window Features Rods: Yes
  • Laundry Features Cabinets2: Yes
  • Laundry Features Laundry Area: Yes
  • Laundry Features Laundry Room: Yes
  • Living Room Features Great Room3: Yes
  • Dining Room Features High Ceilings3: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Primary Bedroom Features High Ceilings6: Yes
  • Primary Bedroom Features Garden Tub: 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 Bathtub: 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
  • Living Room Features Ceiling Fan(s)3: Yes
  • Dining Room Features Family Room Combination2: Yes
  • Kitchen Features Built- In Single Oven: Yes
  • Interior Features Smart Thermostat: Yes
  • Kitchen Features Gas Cooktop3: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Pitched, Tile
  • Stories: 1
  • View: Mountain(s)
  • Construction Type: Stucco, Wood Siding
  • Foundation Details: Slab
  • Construction Materials Wood Siding: Yes
  • Roof Pitched: Yes
  • Roof Tile3: Yes

Garage/Parking

  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Garage Spaces: 3.0
  • Has Attached Garage?: Yes
  • Parking Features: Attached, Garage Door Opener, Tandem
  • 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
  • Parking Features Garage Door Opener: Yes
  • Parking Features Tandem: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cellular Coverage, Water Meter Installed
  • Water Source: Public
  • Laundry Features: Cabinets, 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: 02240616
  • Fencing: Back Yard
  • Lot Size Sq Ft: 8712.0
  • Zoning: Single Family Residential

Tax Info

  • Tax Annual Amount: 1.0

MLS Schools

  • Elementary School: Fernley
  • HighSchool: Fernley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2021
Closed on
Nov 4, 2021
Sold by
Borowy Chong S and Borowy Charles
Bought by
Fletcher Jason Allen and Lopez Maria Delpilar
Seller's Agent
Karen Greathouse
Greathouse Real Estate
Buyer's Agent
Nate Teel
Dickson Realty - Damonte Ranch
List Price
$475,000
Sold Price
$430,000
Premium/Discount to List
-$45,000
-9.47%
Current Estimated Value
$469,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,720
Avg. Annual Appreciation
2.26%
Original Mortgage
$360,195
Outstanding Balance
$329,549
Interest Rate
2.88%
Mortgage Type
FHA
Estimated Equity
$140,171

Purchase Details

Listed on
Nov 2, 2012
Closed on
Mar 24, 2013
Sold by
Luba Merton G and Luba Carolyn Sue
Bought by
Borowy Chong S and Borowy Charles
Seller's Agent
R.C. Herrera
Sierra Nevada Properties-Frnly
Buyer's Agent
JoAnne Wolfe
Cardin Realty Pros
List Price
$179,000
Sold Price
$169,000
Premium/Discount to List
-$10,000
-5.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.44%
Original Mortgage
$135,200
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2009
Sold by
Luba Merton G and Luba Carolyn Sue
Bought by
Luba Merton G and Luba Carolyn Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2009
Sold by
Fb Holdings Llc
Bought by
Luba Merton G and Luba Carolyn Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage

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
Not Available
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
Fletcher Jason Allen $430,000 Stewart Title Co
Borowy Chong S $169,000 Western Title Company
Luba Merton G -- Western Title Company Llc
Luba Merton G $129,000 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 Fletcher Jason Allen $360,195
Previous Owner Borowy Chong S $135,200
Previous Owner Luba Merton G $137,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/08/2021 11/08/21 Sold $430,000 0.0% $201 / Sq Ft
09/21/2021 09/21/21 Pending -- -- --
09/10/2021 09/10/21 Price Changed $430,000 -2.3% $201 / Sq Ft
09/08/2021 09/08/21 Price Changed $440,000 -7.4% $205 / Sq Ft
08/30/2021 08/30/21 For Sale $475,000 +181.1% $222 / Sq Ft
03/29/2013 03/29/13 Sold $169,000 -5.6% $79 / Sq Ft View Prior Sale
02/12/2013 02/12/13 Pending -- -- --
11/02/2012 11/02/12 For Sale $179,000 -- $83 / 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 $2,640 $136,812 $40,250 $96,562
2024 $2,854 $137,224 $40,250 $96,974
2023 $2,854 $131,150 $40,250 $90,900
2022 $2,473 $123,880 $40,250 $83,630
2021 $2,346 $116,417 $35,000 $81,417
2020 $2,285 $113,064 $35,000 $78,064
2019 $2,246 $106,814 $31,500 $75,314
2018 $2,196 $98,564 $25,200 $73,364
2017 $2,177 $87,277 $14,000 $73,277
2016 $1,977 $63,683 $6,300 $57,383
2015 $2,011 $58,626 $6,300 $52,326
2014 $1,964 $59,508 $6,300 $53,208
Source: Public Records

Agents Affiliated with this Home

  • Karen Greathouse

    Seller's Agent in 2021

    Karen Greathouse

    Greathouse Real Estate

    (775) 677-4663

    50 Total Sales

    Karen Greathouse
    Section Image

  • N

    Buyer's Agent in 2021

    Nate Teel

    Dickson Realty

  • R.C. Herrera

    Seller's Agent in 2013

    R.C. Herrera

    Sierra Nevada Properties

    (775) 771-3644

    201 Total Sales

    R.C. Herrera
    Section Image
  • Eric Gothan

    Seller Co-Listing Agent in 2013

    Eric Gothan

    Sierra Nevada Properties

    (775) 240-1533

    221 Total Sales

    Eric Gothan
    Section Image

  • J

    Buyer's Agent in 2013

    JoAnne Wolfe

    Cardin Realty Pros

See All Agents

Map

Source: Northern Nevada Regional MLS

MLS Number: 210013091

Northern Nevada Regional MLS

APN: 022-406-16

Nevada Lyon County Fernley 89408

1294 Rainbow Ln, Fernley, NV

This home is located at 1294 Rainbow Ln, Fernley, NV 89408 since 30 August 2021 and is currently estimated at $469,720, approximately $219 per square foot. This property was built in 2006. 1294 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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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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