NOT LISTED FOR SALE

1615 Gustafson St Fernley, NV 89408

Estimated Value: $476,000 - $613,000

3 Beds
2 Baths
1,965 Sq Ft
$265/Sq Ft Est. Value

Last Sold April 05, 2012

Last sale price $149,000 $76 Per Sq Ft

Est. 249% increase in value since last sale

Current estimated payment $2,999/month

238 Days on Market

Highlights

  • Horses Allowed On Property
  • 9.97 Acre Lot
  • Great Room
  • RV Access or Parking
  • Mountain View
  • No HOA

About This Home

As of April 2012

Beautiful Custom Home located just off Farm District Rd in the Fernley Highlands. This home is located on almost 10 acres, it features 3 bedrooms, 2 baths, 3 car detached garage. It has a wonderful custom library with a gas fireplace. This home has new interior paint and carpet. It is MOVE-IN Ready! This property is eligible under the Freddie Mac First Look Initiative through 8/3/2011.

Last Agent to Sell the Property

Carrie Sieben

LL Realty Inc. - Fernley License #B.143302 Listed on: 07/05/2011

Last Buyer's Agent

Dan Specchio

Sierra Nevada Association

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,388

Year Built

  • Built in 2002

Lot Details

  • 9.97 Acre Lot
  • Level Lot
  • Open Lot
  • Property is zoned RR3

Parking

  • 3 Car Garage
  • RV Access or Parking

Property Views

  • Mountain
  • Desert

Home Design

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

Interior Spaces

  • 1,965 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Double Pane Windows
  • Blinds
  • Great Room
  • Combination Kitchen and Dining Room
  • Library
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Microwave

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Schools

  • East Valley Elementary School
  • Fernley Middle School
  • Fernley High School

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Private Water Source
  • Well
  • Propane Water Heater
  • Septic Tank

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 02149101

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,388

Year Built

Built in 2002

Lot Details

0

Parking

3

Listing Details

  • Year Built: 2002
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: Yes
  • Lot Features: Level, Open Lot
  • Lot Size Acres: 9.97
  • Road Frontage Type: Other
  • Has View?: Yes
  • 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: R-Gustafson, R- Desert Shadows, L- 1st driveway
  • Has Cooling?: Yes
  • Has Fireplace?: Yes
  • Living Area: 1965.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: East Valley
  • Tax Legal Middle Or Junior School2: Fernley
  • Tax Legal High School: Fernley
  • Tax Legal Tax Annual Amount: 1387.78
  • Tax Legal Zoning4: RR3
  • 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: 9.97
  • Lot Lot Size Square Feet2: 434293.2
  • Lot Horse Y N2: Yes
  • Lot View Y N2: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Lot Features Level: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: No
  • Cooling Refrigerated: Yes
  • Outdoor Living Spaces Patio2: Yes
  • View Mountain(s): Yes
  • Appliances Microwave: Yes
  • Sewer Septic Tank: Yes
  • Fireplace Features Gas Log: Yes
  • Lot Features Open Lot: Yes
  • View Desert: Yes
  • Water Heater Propane3: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Appliances: Microwave
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Interior Amenities: Breakfast Bar, Pantry, Walk-In Closet(s)
  • Window Features: Blinds, Double Pane Windows
  • Interior Living Area4: 1965.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Interior Features Breakfast Bar: Yes
  • Window Features Double Pane Windows: Yes
  • Kitchen Features Breakfast Bar2: Yes
  • Window Features Blinds: Yes
  • Primary Bedroom Features Tub Shower Combination: Yes
  • Flooring Ceramic Tile: Yes
  • Laundry Features Laundry Area: Yes
  • Living Room Features Great Room3: Yes
  • Dining Room Features Kitchen Combination: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Kitchen Features Built- In Microwave: Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes
  • Other Rooms Study Library: Yes

Exterior Features

  • Roof: Composition, Shingle
  • Stories: 1
  • View: Desert, Mountain(s)
  • 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?: No
  • Has Carport?: No
  • Garage Spaces: 3.0
  • Has Attached Garage?: Yes
  • Parking Features: 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 R V Access Parking: Yes

Utilities

  • Utilities: Electricity Available, Water Available, Propane
  • Water Source: Private, Well
  • Laundry Features: Laundry Area
  • Cooling: Central Air, Refrigerated
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities Cooling Y N3: Yes
  • Utilities Heating Y N3: Yes
  • Utilities Electricity Available: Yes
  • Utilities Water Available: Yes
  • Heating Forced Air: Yes
  • Heating Natural Gas: Yes
  • Utilities Propane4: Yes
  • Water Source Private6: Yes
  • Water Source Well: Yes

Schools

  • Middle Or Junior School: Fernley

Lot Info

  • Parcel Number: 02149101
  • Fencing: None
  • Lot Size Sq Ft: 434293.2
  • Zoning: RR3

Tax Info

  • Tax Annual Amount: 1387.78

MLS Schools

  • Elementary School: East Valley
  • HighSchool: Fernley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2021
Sold by
Klotz Timothy A
Bought by
Klotz Timothy A and Klotz Michael J
Current Estimated Value
$520,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Outstanding Balance
$58,890
Interest Rate
2.7%
Mortgage Type
Stand Alone Second
Estimated Equity
$461,266

Purchase Details

Listed on
Jul 5, 2011
Closed on
Apr 4, 2012
Sold by
Klotz Michael J
Bought by
Klotz Timothy A
Seller's Agent
Carrie Sieben
LL Realty Inc. - Fernley
Buyer's Agent
Dan Specchio
Sierra Nevada Association
List Price
$206,900
Sold Price
$149,000
Premium/Discount to List
-$57,900
-27.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.53%
Original Mortgage
$145,222
Outstanding Balance
$102,243
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$417,913

Purchase Details

Listed on
Jul 5, 2011
Closed on
Mar 6, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Klotz Timothy A
Seller's Agent
Carrie Sieben
LL Realty Inc. - Fernley
Buyer's Agent
Dan Specchio
Sierra Nevada Association
List Price
$206,900
Sold Price
$149,000
Premium/Discount to List
-$57,900
-27.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,222
Outstanding Balance
$102,243
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$417,913

Purchase Details

Closed on
May 26, 2011
Sold by
Loomis Gilbert E
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Klotz Timothy A -- None Available
Klotz Timothy A -- Servicelink Irvine
Klotz Timothy A $149,000 Servicelink Irvine
Federal Home Loan Mortgage Corporation $171,595 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klotz Timothy A $80,000
Open Klotz Timothy A $145,222
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2012 04/05/12 Sold $149,000 -28.0% $76 / Sq Ft
02/28/2012 02/28/12 Pending -- -- --
07/05/2011 07/05/11 For Sale $206,900 -- $105 / 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 $3,187 $122,143 $47,250 $74,893
2024 $2,951 $122,870 $47,249 $75,620
2023 $2,951 $118,161 $47,250 $70,911
2022 $2,487 $113,087 $47,250 $65,837
2021 $2,364 $111,779 $47,250 $64,529
2020 $2,131 $108,827 $47,250 $61,577
2019 $1,997 $90,771 $31,500 $59,271
2018 $1,902 $86,187 $28,270 $57,917
2017 $1,825 $76,803 $18,840 $57,963
2016 $1,779 $70,163 $11,340 $58,823
2015 $1,776 $62,073 $11,340 $50,733
2014 $1,721 $52,554 $11,340 $41,214
Source: Public Records

Agents Affiliated with this Home

  • Carrie Sieben

    Seller's Agent in 2012

    Carrie Sieben

    LL Realty Inc. - Fernley

    (775) 745-4905

    52 Total Sales

    Carrie Sieben
    Section Image

  • D

    Buyer's Agent in 2012

    Dan Specchio

    Sierra Nevada Association

See All Agents

Map

Source: Northern Nevada Regional MLS

MLS Number: 110009378

Northern Nevada Regional MLS

APN: 021-491-01

Nevada Lyon County Fernley 89408

1615 Gustafson St, Fernley, NV

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Nevada Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The content relating to real estate for sale on this web site comes in part from the Broker Reciprocity/ IDX program of the Northern Nevada Regional Multiple Listing Service°. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo and detailed information about those listings includes the name of the listing brokerage. Any use of the content other than by a search performed by a consumer looking to purchase or rent real estate is prohibited. © 2025 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved.

Nearby Homes