NOT LISTED FOR SALE

16200 N Red Rock Rd Reno, NV 89508

Estimated Value: $396,000 - $582,000

2 Beds
2 Baths
1,600 Sq Ft
$317/Sq Ft Est. Value

Last Sold July 29, 2016

Last sale price $195,000 $122 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $2,803/month

173 Days on Market

Highlights

  • Barn
  • RV Access or Parking
  • Mountain View
  • Horses Allowed On Property
  • 12.24 Acre Lot
  • Wood Flooring

About This Home

As of July 2016

Look like a true Westerner! Take a trip back in time with this unique log-themed home. Boasting over 12 acres of land and a barn, this home is perfect for horses! Envision yourself cooking a large meal for friends on your spacious counter tops. This home has A LOT of potential -- it's just waiting for an inspired buyer! Property has a detached, log style garage, plus a 4 stall barn. Showing is easy, call and make an appointment today!

Last Agent to Sell the Property

Marshall Carrasco

Marshall Realty License #B.1000579 Listed on: 10/25/2015

Last Buyer's Agent

Alfonso Zamora

LPT Realty, LLC License #S.50797

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,051

Year Built

  • Built in 1978

Lot Details

  • 12.24 Acre Lot
  • Level Lot
  • Property is zoned LDR

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 3 Car Garage
  • RV Access or Parking

Home Design

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

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Mud Room
  • Family Room
  • Combination Kitchen and Dining Room
  • Mountain Views
  • Crawl Space
  • Microwave

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Primary Bathroom Bathtub Only

Laundry

  • Laundry Room
  • Laundry in Bathroom

Schools

  • Silver Lake Elementary School
  • Cold Springs Middle School
  • North Valleys High School

Utilities

  • Cooling Available
  • Heating Available
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Outbuilding
  • Barn
  • Horses Allowed On Property

Community Details

  • $150 HOA Transfer Fee
  • First Service Residential Association, Phone Number (775) 786-7776
  • 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 07821206

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,051

Year Built

Built in 1978

Lot Details

0

HOA Fees

$33 per month

Parking

3

Listing Details

  • Year Built: 1978
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: Yes
  • Lot Features: Level
  • Lot Size Acres: 12.24
  • Road Frontage Type: Other
  • Has View?: Yes
  • Association Amenities: None
  • Association Fees: 100.0
  • Association Fee Frequency: Quarterly
  • Has H O A?: Yes
  • Co List Office Mls Id: 1812-o
  • Co List Office Phone: 775-787-7400
  • Special Conditions: Real Estate Owned
  • Directions: I 580 N / US 395 N / Red Rock Road
  • Has Cooling?: Yes
  • Has Fireplace?: Yes
  • Living Area: 1600.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Silver Lake
  • Tax Legal Middle Or Junior School2: Cold Springs
  • Tax Legal High School: North Valleys
  • Tax Legal Tax Annual Amount: 1050.7
  • Tax Legal Zoning4: LDR
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 100.0
  • Building Stories5: 2
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: No
  • Lot Lot Size Acres2: 12.24
  • Lot Lot Size Square Feet2: 533174.4
  • Lot Horse Y N2: Yes
  • Association Details Transfer Fee: 150.0
  • Lot View Y N2: Yes
  • Cooling Electric: Yes
  • Foundation Details Crawl Space: Yes
  • Lot Features Level: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Typeof Construction Site Stick- Built: Yes
  • Water Heater Electric5: Yes
  • Water Rights Water Rights Y N: No
  • Other Structures Barn(s): Yes
  • View Mountain(s): Yes
  • Appliances Microwave: Yes
  • Sewer Septic Tank: Yes
  • Association Community Association Fee Frequency3: Quarterly
  • Association Details Management Company Name5: First Service Residential
  • Other Rooms Mud Room: Yes
  • Association Details Management Company Phone5: 775-786-7776
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Stories: 2

Interior Features

  • Appliances: Microwave
  • Flooring: Carpet, Wood
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Interior Living Area4: 1600.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Living Room Features Family Room Combination: Yes
  • Primary Bedroom Features Double Sinks: Yes
  • Interior Fireplaces Total2: 1.0
  • Flooring Wood: Yes
  • Laundry Features Laundry Area: Yes
  • Dining Room Features Kitchen Combination: Yes
  • Kitchen Features Built- In Microwave: Yes
  • Primary Bedroom Features Bathtub: Yes
  • Laundry Features In Bathroom: Yes

Exterior Features

  • Roof: Composition, Shingle
  • Stories: 2
  • View: Mountain(s)
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space
  • Other Structures: Barn(s), Outbuilding
  • Construction Materials Wood Siding: Yes
  • Roof Composition: Yes
  • Roof Shingle: Yes
  • Other Structures Outbuilding: 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
  • Water Source: Private, Well
  • Laundry Features: In Bathroom, Laundry Area
  • Cooling: Electric
  • Heating: Electric
  • 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 Electric4: Yes
  • Water Source Private6: Yes
  • Water Source Well: Yes

Schools

  • Middle Or Junior School: Cold Springs

Lot Info

  • Parcel Number: 07821206
  • Fencing: None
  • Lot Size Sq Ft: 533174.4
  • Zoning: LDR

Tax Info

  • Tax Annual Amount: 1050.7

MLS Schools

  • Elementary School: Silver Lake
  • HighSchool: North Valleys

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2015
Closed on
Jul 29, 2016
Sold by
Schwall Miya
Bought by
Schwall Jeffrey
Seller's Agent
Marshall Carrasco
Marshall Realty
Buyer's Agent
Alfonso Zamora
LPT Realty, LLC
List Price
$249,100
Sold Price
$195,000
Premium/Discount to List
-$54,100
-21.72%
Current Estimated Value
$507,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,126
Avg. Annual Appreciation
10.89%
Original Mortgage
$227,951
Outstanding Balance
$187,173
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$319,953

Purchase Details

Listed on
Oct 25, 2015
Closed on
Jul 14, 2016
Sold by
Fannie Mae
Bought by
Schwall Jeffery
Seller's Agent
Marshall Carrasco
Marshall Realty
Buyer's Agent
Alfonso Zamora
LPT Realty, LLC
List Price
$249,100
Sold Price
$195,000
Premium/Discount to List
-$54,100
-21.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,951
Outstanding Balance
$187,173
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$319,953

Purchase Details

Closed on
Aug 18, 2015
Sold by
Chaffee Randall A and Ambrose Ruth Ellen
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 2, 2011
Sold by
Chaffee Ruth Ellen and Ambrose Ruth Ellen
Bought by
Chaffee Randall A

Purchase Details

Closed on
Jan 25, 2002
Sold by
Chaffee Randall A
Bought by
Chaffee Randall A and Ambrose Ruth Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
7.17%

Purchase Details

Closed on
Jun 16, 1997
Sold by
Walker Kim E
Bought by
Chafee Randy

Purchase Details

Closed on
Apr 11, 1997
Sold by
Allard Fred L and Allard Mary Lou
Bought by
Chaffee Randall A and Ambrose Ruth Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.92%
Source: Public Records

Range of Values:

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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
Schwall Jeffrey -- Ticor Title Reno
Schwall Jeffery $195,000 Ticor Title Reno
Federal National Mortgage Association $230,000 Premier American Title
Chaffee Randall A -- None Available
Chaffee Randall A $215,000 Founders Title Co
Chafee Randy -- Stewart Title
Chaffee Randall A $180,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwall Jeffery $227,951
Previous Owner Chaffee Randall A $215,000
Previous Owner Chaffee Randall A $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2016 07/29/16 Sold $195,000 -21.7% $122 / Sq Ft
04/15/2016 04/15/16 Pending -- -- --
10/25/2015 10/25/15 For Sale $249,100 -- $156 / 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 $1,388 $60,196 $25,025 $35,171
2024 $1,388 $58,526 $21,700 $36,826
2023 $1,285 $52,145 $16,800 $35,345
2022 $1,190 $44,079 $14,000 $30,079
2021 $1,156 $42,810 $12,250 $30,560
2020 $1,165 $43,161 $12,250 $30,911
2019 $1,166 $43,188 $12,250 $30,938
2018 $1,126 $43,183 $12,250 $30,933
2017 $1,080 $43,888 $12,250 $31,638
2016 $1,053 $44,858 $12,250 $32,608
2015 $1,051 $45,362 $12,250 $33,112
2014 $1,020 $38,654 $6,300 $32,354
2013 -- $38,766 $6,300 $32,466
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 150014826

Northern Nevada Regional MLS

APN: 078-212-06