NOT LISTED FOR SALE

1420 Farm Ln Fernley, NV 89408

Estimated Value: $504,000 - $575,000

4 Beds
2 Baths
2,600 Sq Ft
$206/Sq Ft Est. Value

Last Sold May 07, 2012

Last sale price $134,500 $52 Per Sq Ft

Est. 298% increase in value since last sale

Current estimated payment $3,161/month

15 Days on Market

Highlights

  • Horses Allowed On Property
  • Great Room
  • 3 Car Attached Garage
  • RV Access or Parking
  • No HOA
  • Double Pane Windows

About This Home

As of May 2012

Nice home located just off Farm District Rd. This home is located 1 acre, it features 4 bedrooms, 2 baths, 3 car detached garage with a full finished basement. This property is TENANT occupied and requires 24 hour notice to shoe. This property is eligible under the Freddie Mac First Look Initiative through 03/30/2012., Tenant occupied. 24 HOUR NOTICE TO SHOW

Last Agent to Sell the Property

Carrie Sieben

LL Realty Inc. - Fernley License #B.143302 Listed on: 02/24/2012

Last Buyer's Agent

Warren Good

Berkshire Hathaway HomeService License #S.0053769

Berkshire Hathaway HomeService

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,245

Year Built

  • Built in 1999

Lot Details

  • 1 Acre Lot
  • Back Yard Fenced
  • Landscaped
  • Level Lot
  • Front and Back Yard Sprinklers
  • Property is zoned RR1

Parking

  • 3 Car Attached Garage
  • RV Access or Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 2,600 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Great Room
  • Combination Kitchen and Dining Room
  • Carpet
  • Fire and Smoke Detector
  • Laundry Room
  • Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Schools

  • Cottonwood Elementary School
  • Fernley Middle School
  • Fernley High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Patio
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Home warranty included in the sale of the property
  • Assessor Parcel Number 02067207

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,245

Year Built

Built in 1999

Lot Details

0

Parking

3

Listing Details

  • Year Built: 1999
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: Yes
  • Lot Features: Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Acres: 1.0
  • Road Frontage Type: Other
  • Security Features: Smoke Detector(s)
  • Association Amenities: None
  • Has H O A?: No
  • Co List Office Mls Id: 844-o
  • Co List Office Phone: 775-575-9550
  • Special Conditions: Real Estate Owned
  • Directions: Farm District Rd
  • Has Fireplace?: No
  • Living Area: 2600.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Cottonwood
  • Tax Legal Middle Or Junior School2: Fernley
  • Tax Legal High School: Fernley
  • Tax Legal Tax Annual Amount: 1245.21
  • Tax Legal Zoning4: RR1
  • 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: 1.0
  • Lot Lot Size Square Feet2: 43560.0
  • Lot Horse Y N2: Yes
  • Fencing Back Yard: Yes
  • Lot Features Landscaped: Yes
  • Foundation Details Slab: Yes
  • Lot Features Level: Yes
  • Lot Features Sprinklers In Front: Yes
  • Lot Features Sprinklers In Rear: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Sprinklers Front: Yes
  • Sprinklers Rear: Yes
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: No
  • Outdoor Living Spaces Patio2: Yes
  • Security Features Smoke Detector(s): Yes
  • Water Heater Gas5: Yes
  • Other Rooms Finished Basement: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Flooring: Carpet
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Window Features: Double Pane Windows
  • Interior Living Area4: 2600.0
  • Interior Fireplace Y N: No
  • Flooring Carpet: Yes
  • Window Features Double Pane Windows: Yes
  • Primary Bedroom Features Tub Shower Combination: Yes
  • Laundry Features Laundry Area: Yes
  • Living Room Features Great Room3: Yes
  • Dining Room Features Kitchen Combination: Yes

Exterior Features

  • Roof: Composition, Shingle
  • Stories: 1
  • Construction Type: Wood Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Construction Materials Wood Siding: Yes
  • Roof Composition: Yes
  • Roof Shingle: Yes

Garage/Parking

  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Garage Spaces: 3.0
  • Has Attached Garage?: Yes
  • Parking Features: Attached, RV Access/Parking
  • 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 R V Access Parking: Yes

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: Laundry Area
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Heating Y N3: 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: Fernley

Lot Info

  • Parcel Number: 02067207
  • Fencing: Back Yard
  • Lot Size Sq Ft: 43560.0
  • Zoning: RR1

Tax Info

  • Tax Annual Amount: 1245.21

MLS Schools

  • Elementary School: Cottonwood
  • HighSchool: Fernley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2018
Sold by
Lambert Inez F and Lambert John Michel
Bought by
Lambert Inez F
Current Estimated Value
$534,952

Purchase Details

Listed on
Feb 24, 2012
Closed on
Mar 16, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Serrano Armando and Serrano Annelise
Seller's Agent
Carrie Sieben
LL Realty Inc. - Fernley
Buyer's Agent
Warren Good
Berkshire Hathaway HomeService
List Price
$129,900
Sold Price
$134,500
Premium/Discount to List
$4,600
3.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.84%
Original Mortgage
$136,500
Interest Rate
4.05%

Purchase Details

Closed on
Aug 2, 2011
Sold by
Shields Stevie F
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Apr 18, 2007
Sold by
Herman Scott Allan and Herman Teresa Lynn
Bought by
Shields Stevie F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,200
Interest Rate
6.5%
Source: Public Records

Range of Values:

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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
Lambert Inez F -- Title Service & Escrow
Serrano Armando $134,500 Servicelink Irvine
Federal Home Loan Mortgage Corporation $94,832 Lsi Title Company
Shields Stevie F $339,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Serrano Armando $136,500
Previous Owner Shields Stevie F $271,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2012 05/07/12 Sold $134,500 +3.5% $52 / Sq Ft
03/09/2012 03/09/12 Pending -- -- --
02/23/2012 02/23/12 For Sale $129,900 -- $50 / 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 $3,764 $175,064 $63,000 $112,064
2024 $4,064 $179,469 $63,000 $116,469
2023 $4,064 $170,452 $63,000 $107,452
2022 $3,803 $155,547 $63,000 $92,547
2021 $3,729 $146,432 $56,000 $90,432
2020 $3,628 $147,302 $56,000 $91,302
2019 $3,550 $132,138 $43,750 $88,388
2018 $2,060 $90,991 $43,750 $47,241
2017 $2,045 $82,355 $35,000 $47,355
2016 $1,848 $60,207 $11,550 $48,657
2015 $1,882 $50,136 $11,550 $38,586
2014 $1,838 $49,298 $11,550 $37,748
Source: Public Records

Agents Affiliated with this Home

  • Carrie Sieben

    Seller's Agent in 2012

    Carrie Sieben

    LL Realty Inc. - Fernley

    (775) 745-4905

    59 Total Sales

    Carrie Sieben
    Section Image

  • W

    Buyer's Agent in 2012

    Warren Good

    Berkshire Hathaway HomeService

    Section Image
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Map

Source: Northern Nevada Regional MLS

MLS Number: 120002325

Northern Nevada Regional MLS

APN: 020-672-07

Nevada Lyon County Fernley 89408

1420 Farm Ln, Fernley, NV

This home is located at 1420 Farm Ln, Fernley, NV 89408 since 24 February 2012 and is currently estimated at $534,952, approximately $205 per square foot. This property was built in 1999. 1420 Farm Ln is a home located in Lyon County with nearby schools including Cottonwood Elementary School, Fernley Intermediate School, and Fernley High School.

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