NOT LISTED FOR SALE

1557 Reese River Rd Fernley, NV 89408

Estimated Value: $380,201 - $388,000

3 Beds
2 Baths
1,635 Sq Ft
$235/Sq Ft Est. Value

Last Sold June 22, 2018

Last sale price $252,500 $154 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,342/month

52 Days on Market

About This Home

As of June 2018

A charming open concept, spacious, well maintained home with updates galore, who could ask for more?!!! Plenty of space to entertain with this kitchen/dining room/living room. Breakfast bar, new dishwasher, new lighting in the kitchen and living room. Family room has plenty of space for all those electronics. Master bedroom has updated master bathroom with separate large shower and a great soaking bath. Second bathroom has been remodeled with granite and tile. Second and third bedrooms are spacious., Don't pass this gem up. So many great features inside and out. So much natural light in this home. Extra insulation in the attic and the crawl space to keep toasty warm. The home has been recently painted inside and out. A new hot water heater has been installed, along with a new dishwasher. The new canned lighting in the kitchen and living room give this home great light. Top up bottom down shades are included with the home. Both bathrooms have been recently remodeled and updated. Second and third bedrooms are spacious. Master Bedroom is large and has glass sliding doors to the patio out back. The large patio in the back yard has a veranda that will stay with the home. So much privacy in the back yard with the full grown trees. Concrete rv parking along the side of the house will fit the largest of motor homes or campers. Garden beds alongside the rv space is ready for spring planting. There are so many wonderful features to this home, it is a must see.

Last Agent to Sell the Property

Joanne Stursa

Skyline Realty, Inc. License #S.178261 Listed on: 03/14/2018

Last Buyer's Agent

Liliana Loera

Ferrari-Lund Real Estate Reno License #S.58230

Ferrari-Lund Real Estate Reno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,658

Year Built

  • Built in 2003

Lot Details

  • 9,148 Sq Ft Lot
  • Property is zoned NR1

Parking

  • 2 Car Garage

Home Design

  • Pitched Roof

Interior Spaces

  • 1,635 Sq Ft Home
  • Desert Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 02093517

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,658

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Year Built: 2003
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Road Frontage Type: Other
  • Co List Office Mls Id: 1253-o
  • Co List Office Phone: 775-980-6250
  • Directions: Jenny
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Water Softener Owned
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Other Equipment: Satellite Dish
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), High Ceilings, Walk-In Closet(s)
  • Window Features: Blinds, Double Pane Windows, Rods, Vinyl Frames

Exterior Features

  • Roof: Composition, Pitched, Shingle
  • Stories: 1
  • View: Desert, Mountain(s), Trees/Woods
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener, RV Access/Parking

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: Cabinets, Laundry Area, Laundry Room
  • Cooling: Central Air, Refrigerated
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Middle Or Junior School: Fernley

Lot Info

  • Parcel Number: 02093517
  • Fencing: Back Yard
  • Lot Size Sq Ft: 9147.6
  • Zoning: NR1

Tax Info

  • Tax Annual Amount: 1657.58

MLS Schools

  • Elementary School: Cottonwood
  • HighSchool: Fernley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2020
Sold by
Ponce Joaquin Medina and Medina Amada Burgara
Bought by
Ponce Joaquin Medina and Medina Amada Burgara
Total Days on Market
52
Current Estimated Value
$384,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,575
Outstanding Balance
$224,203
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$160,097

Purchase Details

Closed on
Mar 25, 2019
Sold by
Alvarez Cota Angel De Jesus
Bought by
Medina Ponce Joaquin and Medina Amada Burgara De

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,769
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 14, 2018
Closed on
Jun 21, 2018
Sold by
Medina Burgara Vyrna A
Bought by
Medina Burgara Vyrna and Alvarez Cota Angel De Jesus
Seller's Agent
Joanne Stursa
Skyline Realty, Inc.
Buyer's Agent
Liliana Loera
Ferrari-Lund Real Estate Reno
List Price
$252,500
Sold Price
$252,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.21%
Original Mortgage
$247,926
Interest Rate
5.62%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 14, 2018
Closed on
Jun 18, 2018
Sold by
Schaeffer Christopher and Schaeffer Vicky
Bought by
Medina Burgara Vyrna and Medina Ponce Joaquin
Seller's Agent
Joanne Stursa
Skyline Realty, Inc.
Buyer's Agent
Liliana Loera
Ferrari-Lund Real Estate Reno
List Price
$252,500
Sold Price
$252,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,926
Interest Rate
5.62%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 8, 2006
Sold by
Tovar Maria Angela and Torres Eusebio Tovar
Bought by
Schaeffer Christopher and Schaeffer Vicky

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,600
Interest Rate
6.04%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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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
Ponce Joaquin Medina -- Acme Title And Escrow Svcs
Medina Ponce Joaquin -- First Centennial Reno
Medina Burgara Vyrna -- First Centennial Reno
Medina Burgara Vyrna A -- First Centennial Reno
Medina Burgara Vyrna $252,500 First Centennial Reno
Schaeffer Christopher $246,000 Western Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ponce Joaquin Medina $248,575
Closed Medina Ponce Joaquin $249,769
Previous Owner Medina Burgara Vyrna A $247,926
Previous Owner Schaegger Christopher $207,000
Previous Owner Schaffer Christopher $180,116
Previous Owner Schaeffer Christopher P $24,600
Previous Owner Schaeffer Christopher $196,800
Previous Owner Tovar Maria Angela $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2018 06/22/18 Sold $252,500 0.0% $154 / Sq Ft
05/05/2018 05/05/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $252,500 0.0% $154 / Sq Ft
03/23/2018 03/23/18 Pending -- -- --
03/14/2018 03/14/18 For Sale $252,500 -- $154 / 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
2024 $2,305 $113,426 $47,250 $66,175
2023 $2,305 $109,173 $47,250 $61,923
2022 $2,010 $104,422 $47,250 $57,172
2021 $1,918 $92,494 $36,750 $55,744
2020 $1,803 $90,040 $36,750 $53,290
2019 $1,734 $85,496 $34,130 $51,366
2018 $1,675 $72,877 $22,750 $50,127
2017 $1,658 $64,474 $14,350 $50,124
2016 $1,471 $49,601 $6,300 $43,301
2015 $1,506 $39,063 $6,300 $32,763
2014 $1,473 $29,935 $6,300 $23,635
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 180003221

Northern Nevada Regional MLS

APN: 020-935-17