$204,900
SOLD FEB 17, 2017

1601 Rainfall Way Fernley, NV 89408

3 Beds
2.5 Baths
2,159 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$95 Per Sq Ft

5% Below List Price

176 Days on Market

Highlights

  • Loft
  • High Ceiling
  • 3 Car Attached Garage
  • Separate Formal Living Room
  • No HOA
  • Double Pane Windows

About This Home

As of May 2017

This 3 bdrm, 2.5 bath on a fenced, corner lot features an attached 3 car garage, formal living room, dining area, family room with gas log fireplace, loft and large laundry room. This home is being sold "AS-IS".

Last Agent to Sell the Property

Gary Troxel

Doty Realty LLC License #BS.1537 Listed on: 08/12/2016

Last Buyer's Agent

Lori Gemme

NVG Properties LLC License #B.29552

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,835

Year Built

  • Built in 2006

Lot Details

  • 6,534 Sq Ft Lot
  • Back Yard Fenced
  • Landscaped
  • Level Lot
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Property is zoned NR1-E2

Parking

  • 3 Car Attached Garage

Home Design

  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Stick Built Home
  • Masonite

Interior Spaces

  • 2,159 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Gas Log Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Blinds
  • Family Room with Fireplace
  • Separate Formal Living Room
  • Combination Kitchen and Dining Room
  • Loft
  • Crawl Space

Kitchen

  • Microwave
  • No Kitchen Appliances

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Sinks
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Laundry Cabinets

Schools

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

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

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
  • Assessor Parcel Number 02237212

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,835

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
  • Road Frontage Type: Other
  • Co List Office Mls Id: 627502645-o
  • Co List Office Phone: 775-900-3457
  • Directions: Hickory
  • Property Attached Yn: No
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: Microwave, None
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: High Ceilings
  • Window Features: Blinds, Double Pane Windows, Vinyl Frames

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Pitched, Shingle
  • Stories: 2
  • Construction Type: Masonite
  • Foundation Details: Crawl Space

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Attached

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available, Water Meter Installed
  • 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: 02237212
  • Fencing: Back Yard
  • Lot Size Sq Ft: 6534.0
  • Zoning: NR1-E2

Tax Info

  • Tax Annual Amount: 1835.16

MLS Schools

  • Elementary School: Cottonwood
  • HighSchool: Fernley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2017
Closed on
May 15, 2017
Sold by
Reno Housing Solutions Llc
Bought by
Ralph Robert L and Weimer Elaine M
Seller's Agent
Marshall Carrasco
Marshall Realty
Buyer's Agent
Meka Reade
RE/MAX Gold-Midtown
List Price
$254,000
Sold Price
$260,000
Premium/Discount to List
$6,000
2.36%
Current Estimated Value
$434,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,105
Avg. Annual Appreciation
6.53%
Original Mortgage
$268,580
Outstanding Balance
$226,238
Interest Rate
4.14%
Mortgage Type
VA
Estimated Equity
$207,867

Purchase Details

Listed on
Aug 12, 2016
Closed on
Feb 13, 2017
Sold by
Us Bank Trust Na
Bought by
Reno Housing Solutions Llc
Seller's Agent
Gary Troxel
Doty Realty LLC
Buyer's Agent
Lori Gemme
NVG Properties LLC
List Price
$214,900
Sold Price
$204,900
Premium/Discount to List
-$10,000
-4.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
169.75%

Purchase Details

Closed on
Jul 25, 2016
Sold by
Patten Kahdra L
Bought by
Us Bank Trust Na and Lsf9 Master Participation Trust

Purchase Details

Closed on
Aug 21, 2007
Sold by
Fernley Ponderosa Llc
Bought by
Patten Kahdra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Bargain Sale Deed $260,000 First Centennial Title Compa
Bargain Sale Deed $204,900 First Centennial Reno
Trustee Deed $207,000 Premier American Title
Bargain Sale Deed $240,000 Western Title Company Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $268,580 VA
Previous Owner $192,000 Purchase Money Mortgage
Previous Owner $48,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2017 05/15/17 Sold $260,000 +2.4% $120 / Sq Ft
04/08/2017 04/08/17 Pending -- -- --
03/31/2017 03/31/17 For Sale $254,000 +24.0% $118 / Sq Ft
02/17/2017 02/17/17 Sold $204,900 -4.7% $95 / Sq Ft
02/04/2017 02/04/17 Pending -- -- --
08/12/2016 08/12/16 For Sale $214,900 -- $100 / 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 $3,023 $130,507 $43,750 $86,757
2023 $3,023 $124,760 $43,750 $81,010
2022 $2,620 $118,315 $43,750 $74,565
2021 $2,482 $103,493 $30,800 $72,693
2020 $2,326 $100,357 $30,800 $69,557
2019 $2,143 $92,685 $28,000 $64,685
2018 $2,065 $84,104 $21,000 $63,104
2017 $2,032 $76,175 $13,130 $63,045
2016 $1,835 $63,785 $5,780 $58,005
2015 $1,870 $42,738 $5,780 $36,958
2014 $1,826 $39,993 $5,780 $34,213
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 160012247

Northern Nevada Regional MLS

APN: 022-372-12