NOT LISTED FOR SALE

1587 S Main St Virginia City, NV 89440

Estimated Value: $408,000 - $551,000

4 Beds
3 Baths
1,756 Sq Ft
$270/Sq Ft Est. Value

Last Sold March 27, 2012

Last sale price $86,100 $49 Per Sq Ft

Est. 450% increase in value since last sale

Current estimated payment $2,613/month

87 Days on Market

About This Home

As of March 2012

Views for miles...this home is located in historic Gold Hill/ Virginia City. Home needs some TLC but has lots of potenial! Home features vaulted ceilings with lots of windows to let in the sun and take in the views. Home is a 4 bedroom, 3 bath, 1 car garage. THIS IS A FANNIE MAE HOMEPATH PROPERTY. Purchase this property for as little as 3% down. This property is approved for HomePath Mortgage Financing. This property is approved for HomePath Renovation Mortgage Financing.

Last Agent to Sell the Property

Carrie Sieben

LL Realty Inc. - Fernley License #B.143302 Listed on: 11/22/2011

Last Buyer's Agent

Alexandra Musser

Keller Williams Group One Inc. License #BS.49702

Keller Williams Group One Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,379

Year Built

  • Built in 1978

Lot Details

  • 0.65 Acre Lot
  • Property is zoned R1

Parking

  • 1 Car Garage

Home Design

  • 1,756 Sq Ft Home

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

  • Gallagher Elementary School
  • Virginia City Middle School
  • Virginia City High School

Additional Features

  • Dishwasher
  • Propane

Listing and Financial Details

  • Assessor Parcel Number 00207121

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,379

Year Built

Built in 1978

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1978
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Road Frontage Type: Other
  • Co List Office Mls Id: 844-o
  • Co List Office Phone: 775-575-9550
  • Directions: Up the hill across from Gold Hill Hotel
  • Property Attached Yn: No
  • Special Features: 1088

Interior Features

  • Appliances: Dishwasher
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning Stove
  • Window Features: Metal Frames, Storm Window(s), Wood Frames

Exterior Features

  • Roof: Composition, Shingle
  • Stories: 2
  • View: Mountain(s)
  • Construction Type: Metal Siding
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Deck

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Attached

Utilities

  • Utilities: Electricity Available, Water Available, Propane
  • Water Source: Public
  • Laundry Features: Laundry Area
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Virginia City

Lot Info

  • Parcel Number: 00207121
  • Fencing: None
  • Lot Size Sq Ft: 28314.0
  • Zoning: R1

Tax Info

  • Tax Annual Amount: 1379.05

MLS Schools

  • Elementary School: Gallagher, Hugh
  • HighSchool: Virginia City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2011
Closed on
Feb 27, 2012
Sold by
Federal National Mortgage Association
Bought by
Phillips Stephen A and Phillips Sheryl L
Seller's Agent
Carrie Sieben
LL Realty Inc. - Fernley
Buyer's Agent
Alexandra Musser
Keller Williams Group One Inc.
List Price
$99,888
Sold Price
$86,100
Premium/Discount to List
-$13,788
-13.8%
Total Days on Market
87
Current Estimated Value
$473,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,468
Avg. Annual Appreciation
13.80%

Purchase Details

Closed on
May 17, 2011
Sold by
Mcdaniels Sean and Mcdaniels Lorraine
Bought by
Federal National Mortgage Association
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
Phillips Stephen A $86,100 Servicelink
Federal National Mortgage Association $258,663 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcdaniels Sean $263,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2012 03/27/12 Sold $86,100 -13.8% $49 / Sq Ft
02/17/2012 02/17/12 Pending -- -- --
11/22/2011 11/22/11 For Sale $99,888 -- $57 / 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 $1,196 $41,892 $6,038 $35,854
2023 $1,196 $40,477 $6,038 $34,439
2022 $1,133 $35,813 $6,038 $29,775
2021 $1,310 $40,770 $10,462 $30,308
2020 $1,343 $41,688 $10,462 $31,226
2019 $1,311 $40,688 $10,462 $30,226
2018 $1,302 $40,313 $10,462 $29,851
2017 $1,271 $40,273 $9,687 $30,586
2016 $1,322 $37,136 $5,125 $32,011
2015 $1,311 $37,379 $5,284 $32,095
2014 $1,311 $40,417 $5,937 $34,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 110015577

Northern Nevada Regional MLS

APN: 002-071-21