1625 Meadows Ave Unit NV Fernley, NV 89408
Estimated Value: $367,706 - $384,000
3
Beds
2
Baths
1,519
Sq Ft
$248/Sq Ft
Est. Value
Highlights
- View of Trees or Woods
- Separate Formal Living Room
- High Ceiling
- Deck
- Corner Lot
- No HOA
About This Home
As of November 2020INVESTOR OPPORTUNITY 4.7% CAP Rate - 1.22% Cash on Cash - 20.41% Rate of Return. Recently remodeled Fernley home on corner lot with newer laminate floors and modern two-toned paint throughout. Functional floor plan with 3 bedrooms plus a den. The master has a jetted garden tub, a separate shower, dual sinks and a large walk-in closet. All the bedrooms are at the back of the house for privacy. The rear yard has decks and a view of the foothills to the south. Tenant occupied. NO Showings. Drive-by Only., 4.7% CAP Rate - 1.22% Cash on Cash - 20.41% Rate of Return before taxes - REALTORS, see docs. Pictures are of home prior to tenants occupying the unit. The kitchen floor was updated to tile and the dining room to laminate after pictures were taken. Full pictures will upload on 9/22/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,737
Year Built
- Built in 2005
Lot Details
- 6,534 Sq Ft Lot
- Back Yard Fenced
- Water-Smart Landscaping
- Corner Lot
- Level Lot
- Front and Back Yard Sprinklers
- Sprinklers on Timer
- Property is zoned NR1
Parking
- 2 Car Garage
- Garage Door Opener
Property Views
- Woods
- Mountain
Home Design
- Pitched Roof
- Shingle Roof
- Composition Roof
- Wood Siding
- Low Volatile Organic Compounds (VOC) Products or Finishes
- Stick Built Home
Interior Spaces
- 1,519 Sq Ft Home
- 1-Story Property
- High Ceiling
- Double Pane Windows
- Vinyl Clad Windows
- Blinds
- Separate Formal Living Room
- Home Office
- Crawl Space
- Laundry Room
Kitchen
- Gas Oven
- Gas Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Laminate
- Porcelain Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Dual Sinks
- Primary Bathroom includes a Walk-In Shower
- Garden Bath
Home Security
- Smart Thermostat
- Fire and Smoke Detector
Outdoor Features
- Deck
Schools
- East Valley Elementary School
- Silverland Middle School
- Fernley High School
Utilities
- Refrigerated Cooling System
- Central Air
- Heating System Uses Natural Gas
- Gas Water Heater
- Internet Available
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Home warranty included in the sale of the property
- Assessor Parcel Number 02099201
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 19, 2020
Closed on
Nov 4, 2020
Sold by
Shepherd James M
Bought by
Ilian Timothy and Dubois Ilian H
Seller's Agent
Erika Lamb
Welcome Home
Buyer's Agent
Scott Smith
Intero
List Price
$299,990
Sold Price
$300,000
Premium/Discount to List
$10
0.003%
Total Days on Market
25
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,677
Avg. Annual Appreciation
5.08%
Purchase Details
Closed on
Jun 10, 2020
Sold by
Andrews Susan Barker
Bought by
Andres Susan Diane Barker and Andres Susan Diane
Purchase Details
Closed on
Feb 17, 2012
Sold by
Jones Ronald Scott and Jones Elizabeth B
Bought by
Shepherd James M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,750
Interest Rate
3.92%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 14, 2005
Sold by
River Ranch Estates Llc
Bought by
Jones Ronald Scott and Jones Elizabeth B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,400
Interest Rate
6.31%
Mortgage Type
New Conventional
Similar Homes in Fernley, NV
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ilian Timothy | $300,000 | Stewart Title Co | |
| Andres Susan Diane Barker | -- | None Available | |
| Shepherd James M | $69,000 | Western Title Company | |
| Jones Ronald Scott | $216,805 | Title Service & Escrow Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Shepherd James M | $135,000 | |
| Previous Owner | Shepherd James M | $51,750 | |
| Previous Owner | Jones Ronald Scott | $173,400 | |
| Previous Owner | Jones Ronald Scott | $21,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/06/2020 11/06/20 | Sold | $300,000 | 0.0% | $197 / Sq Ft |
| 10/16/2020 10/16/20 | Pending | -- | -- | -- |
| 09/21/2020 09/21/20 | For Sale | $299,990 | -- | $197 / Sq Ft |
Source: Northern Nevada Regional MLS
Tax History Compared to Growth
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 | $2,212 | $106,190 | $43,750 | $62,440 |
| 2023 | $2,212 | $102,209 | $43,750 | $58,459 |
| 2022 | $1,933 | $97,641 | $43,750 | $53,891 |
| 2021 | $1,846 | $87,252 | $34,650 | $52,602 |
| 2020 | $1,737 | $84,905 | $34,650 | $50,255 |
| 2019 | $1,671 | $79,870 | $31,500 | $48,370 |
| 2018 | $1,616 | $68,225 | $21,000 | $47,225 |
| 2017 | $1,601 | $60,322 | $13,130 | $47,192 |
| 2016 | $1,415 | $46,660 | $5,780 | $40,880 |
| 2015 | $1,450 | $36,696 | $5,780 | $30,916 |
| 2014 | $1,417 | $28,083 | $5,780 | $22,303 |
Source: Public Records
Agents Affiliated with this Home
-
Erika Lamb
Seller's Agent in 2020
Erika Lamb
Welcome Home
(775) 229-6460
51 Total Sales
-
Albert Lamb
A
Seller Co-Listing Agent in 2020
Albert Lamb
Welcome Home
(775) 200-1331
8 Total Sales
-
Scott Smith
Buyer's Agent in 2020
Scott Smith
Intero
(775) 691-1777
97 Total Sales
Map
Source: Northern Nevada Regional MLS
MLS Number: 200013186
APN: 020-992-01
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