NOT LISTED FOR SALE

Estimated Value: $1,039,402 - $1,324,000

3 Beds
2.5 Baths
2,178 Sq Ft
$557/Sq Ft Est. Value

Last Sold May 02, 2012

Last sale price $305,000 $140 Per Sq Ft

Est. 298% increase in value since last sale

Current estimated payment $6,890/month

167 Days on Market

Highlights

  • Horses Allowed On Property
  • RV Access or Parking
  • 2.24 Acre Lot
  • Elizabeth Lenz Elementary School Rated A-
  • City View
  • Radiant Floor

About This Home

As of May 2012

Under Auction Terms. Contact listing agent. Wonderful property. Lots of trees and terrific views. There are three bedrooms, plus an office and a loft. The family room is very large and all the rooms have great views. No kitchen appliances except refrigerator. Great location, close to everything in SW suburban. Pre-qualification letter of sellers choice required with all offers. Please allow 2-3 business days for seller response. Call listing agent for information on required approval letter., This property is scheduled to auction. For inquiries, pre-auction offers or to register to represent a buyer please visit . There is no limit to the number of buyers you can represent but you must register them at least 24 hours prior to the auction as well as attend the auction with your buyer unless purchased online. Wonderful property. Lots of trees and terrific views. There are three bedrooms, plus an office and a loft. The family room is very large and all the rooms have great views. No kitchen appliances except refrigerator. Great location, close to everything in SW suburban. Pre-qualification letter of sellers choice required with all offers. Please allow 2-3 business days for seller response. Call listing agent for information on required approval letter.

Last Agent to Sell the Property

Michele McQuivey

Ferrari-Lund Real Estate Reno License #S.35866 Listed on: 10/18/2011

Ferrari-Lund Real Estate Reno

Last Buyer's Agent

Caryn Phelps

LPT Realty, LLC License #S.52880

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,431

Year Built

  • Built in 1958

Lot Details

  • 2.24 Acre Lot
  • Dog Run
  • Back Yard Fenced
  • Landscaped
  • Level Lot
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Property is zoned HDR

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Property Views

  • City
  • Woods
  • Mountain

Home Design

  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 2,178 Sq Ft Home
  • 2-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Double Pane Windows
  • Vinyl Clad Windows
  • Blinds
  • Living Room with Fireplace
  • Home Office
  • Loft
  • Game Room
  • Crawl Space
  • Laundry Room

Flooring

  • Carpet
  • Radiant Floor

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Jetted Tub and Shower Combination in Primary Bathroom
  • Garden Bath

Schools

  • Lenz Elementary School
  • Pine Middle School
  • Galena High School

Utilities

  • Heating System Uses Propane
  • Baseboard Heating
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank
  • Phone Available

Additional Features

  • Patio
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Home warranty included in the sale of the property
  • Assessor Parcel Number 04402010

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,431

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1958
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: Yes
  • Lot Features: Landscaped, Level, Sprinklers In Front
  • Lot Size Acres: 2.24
  • Road Frontage Type: Other
  • Has View?: Yes
  • Association Amenities: None
  • Has H O A?: No
  • Co List Office Mls Id: 643-o
  • Co List Office Phone: 775-688-4000
  • Special Conditions: Real Estate Owned
  • Directions: South Virginia St.
  • Has Fireplace?: Yes
  • Living Area: 2178.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Lenz
  • Tax Legal Middle Or Junior School2: Pine
  • Tax Legal High School: Galena
  • Tax Legal Tax Annual Amount: 2431.0
  • Tax Legal Zoning4: HDR
  • Association Community Association Y N3: No
  • Building Stories5: 2
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 2.24
  • Lot Lot Size Square Feet2: 97574.4
  • Lot Horse Y N2: Yes
  • Lot View Y N2: Yes
  • Fencing Back Yard: Yes
  • Lot Features Landscaped: Yes
  • Foundation Details Crawl Space: Yes
  • Lot Features Level: Yes
  • Lot Features Sprinklers In Front: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Sprinklers Front: Yes
  • Typeof Construction Site Stick- Built: Yes
  • Water Heater Electric5: Yes
  • Water Rights Water Rights Y N: No
  • Outdoor Living Spaces Patio2: Yes
  • View Mountain(s): Yes
  • Fencing Partial2: Yes
  • Sewer Septic Tank: Yes
  • Sprinklers Automatic: Yes
  • Fireplace Features Insert: Yes
  • Other Rooms Loft3: Yes
  • Other Rooms Office Den: Yes
  • View Trees Woods: Yes
  • Other Rooms Game Room3: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Stories: 2

Interior Features

  • Flooring: Carpet
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Insert
  • Interior Amenities: Walk-In Closet(s)
  • Window Features: Blinds, Double Pane Windows, Single Pane Windows, Vinyl Frames
  • Interior Bathrooms Half: 1
  • Interior Living Area4: 2178.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Fireplace Features Living Room: Yes
  • Window Features Double Pane Windows: Yes
  • Window Features Vinyl Frames: Yes
  • Living Room Features Separate Formal Room: Yes
  • Family Room Features Separate Formal Room3: Yes
  • Window Features Blinds: Yes
  • Dining Room Features Living Room Combination: Yes
  • Primary Bedroom Features Tub Shower Combination: Yes
  • Laundry Features Laundry Area: Yes
  • Laundry Features Laundry Room: Yes
  • Primary Bedroom Features Garden Tub: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes
  • Primary Bedroom Features Jetted Tub: Yes

Exterior Features

  • Exterior Features: Dog Run
  • Roof: Composition, Pitched, Shingle
  • Stories: 2
  • View: City, Mountain(s), Trees/Woods
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Patio
  • Construction Materials Wood Siding: Yes
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes
  • Exterior Features Dog Run: Yes

Garage/Parking

  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Garage Spaces: 2.0
  • Has Attached Garage?: Yes
  • Parking Features: Attached, RV Access/Parking
  • 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 R V Access Parking: Yes

Utilities

  • Utilities: Electricity Available, Phone Available, Water Available
  • Water Source: Private, Well
  • Laundry Features: Laundry Area, Laundry Room
  • Heating: Baseboard, Propane, Radiant Floor
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities Heating Y N3: Yes
  • Utilities Electricity Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Water Available: Yes
  • Heating Baseboard: Yes
  • Heating Propane2: Yes
  • Water Source Private6: Yes
  • Water Source Well: Yes
  • Heating Radiant Floor: Yes

Schools

  • Middle Or Junior School: Pine

Lot Info

  • Parcel Number: 04402010
  • Fencing: Back Yard, Partial
  • Lot Size Sq Ft: 97574.4
  • Zoning: HDR

Tax Info

  • Tax Annual Amount: 2431.0

MLS Schools

  • Elementary School: Lenz
  • HighSchool: Galena

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2011
Closed on
Apr 26, 2012
Sold by
The Bank Of New York Mellon
Bought by
Simpson Paul L
Seller's Agent
Michele McQuivey
Ferrari-Lund Real Estate Reno
Buyer's Agent
Caryn Phelps
LPT Realty, LLC
List Price
$414,800
Sold Price
$305,000
Premium/Discount to List
-$109,800
-26.47%
Current Estimated Value
$1,213,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$908,851
Avg. Annual Appreciation
10.86%

Purchase Details

Closed on
Mar 25, 2011
Sold by
Potter Albert L and Potter Vicki A
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Sep 9, 2009
Sold by
Potter Albert L
Bought by
Potter Al and Al Potter Living Trust

Purchase Details

Closed on
Sep 4, 2009
Sold by
Potter Vicki A
Bought by
Potter Albert L

Purchase Details

Closed on
Oct 8, 2004
Sold by
Potter Al and Potter Vicki A
Bought by
Potter Albert L and Potter Vicki A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2004
Sold by
Facque Sharon C
Bought by
Potter Al and Potter Vicki A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
5.57%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 13, 1995
Sold by
Cannon Stephen F and Cannon Lois J
Bought by
Cannon Stephen F and Cannon Lois J
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
Simpson Paul L $305,000 Ticor Title Reno Lakeside
The Bank Of New York Mellon $350,100 Pasion Title Services
Potter Al -- None Available
Potter Albert L -- None Available
Potter Albert L -- First American Title
Potter Al $475,000 First American Title
Cannon Stephen F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Potter Albert L $175,000
Previous Owner Potter Albert L $629,000
Previous Owner Potter Albert L $250,000
Previous Owner Potter Albert L $348,000
Previous Owner Potter Al $425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2012 05/02/12 Sold $305,000 -26.5% $140 / Sq Ft
04/02/2012 04/02/12 Pending -- -- --
10/18/2011 10/18/11 For Sale $414,800 -- $190 / 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 $3,316 $172,226 $133,000 $39,226
2024 $3,316 $164,764 $126,000 $38,764
2023 $3,376 $156,532 $120,750 $35,782
2022 $3,126 $141,040 $112,000 $29,040
2021 $2,895 $121,683 $93,625 $28,058
2020 $2,721 $115,272 $87,500 $27,772
2019 $2,592 $112,067 $85,750 $26,317
2018 $2,473 $104,084 $78,750 $25,334
2017 $2,373 $91,398 $66,500 $24,898
2016 $2,313 $86,257 $61,250 $25,007
2015 $578 $77,267 $52,500 $24,767
2014 $2,237 $69,033 $45,500 $23,533
2013 -- $68,180 $45,500 $22,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 110014251

Northern Nevada Regional MLS

APN: 044-020-10