NOT LISTED FOR SALE

Estimated Value: $390,000 - $515,000

5 Beds
2 Baths
1,688 Sq Ft
$257/Sq Ft Est. Value

Last Sold April 17, 2015

Last sale price $152,000 $90 Per Sq Ft

Est. 186% increase in value since last sale

Current estimated payment $2,540/month

18 Days on Market

Highlights

  • Additional Residence on Property
  • 1-Story Property
  • Property is Fully Fenced
  • Laundry Room
  • Forced Air Heating System
  • Wood Siding

About This Home

As of April 2015

Two homes on one parcel. Ideal as an owner occupied plus an income property or two income properties. Interiors have been repaired and updated with new flooring and paint. Some minor repairs too. Located near schools, bus line and shopping. A real winner. Agents! Special procedures & Important Information for all offers in Extended, Private Remarks & Attached Documents. Special incentives MAY be available for both buyers and agents. Please go to HomePath.com for details.

Last Listed By

Pat Schweigert

ERA - Realty Central License #B.583 Listed on: 02/22/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $976

Year Built

  • Built in 1980

Lot Details

  • 5,663 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Wood Frame Construction
  • Pitched Roof
  • Composition Shingle Roof
  • Wood Siding
  • Masonite

Interior Spaces

  • 1,688 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • 1 Parking Space Included

Additional Homes

  • Additional Residence on Property

Utilities

  • Cooling System Utilizes Natural Gas
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Separate Meters
  • Separate Water Meter
  • Electric Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 03118212

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$976

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Type Of Property: 2 SFR on 1 APN
  • Extended Remarks: Front unit built in approx 1950 and 728 sf, Rear unit built in 1980 and approx 960 sf. First Look Rules do apply. Please read those carefully before making an investor offer.
  • Year Built: 1980
  • Access Type: Public
  • Xstreet Directions: Sullivan to H Street
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Oven/Range
  • Water Heater: Electric
  • Flooring: Carpet, Sheet Vinyl
  • Price Per Sq Ft: 90.05
  • Sold Price Per Sq Ft: 90.05
  • Source Of Sq Ft: Assessor
  • Gross Sq Ft: 1688

Exterior Features

  • Windows: Combo/Varies, Single Pane
  • Construction: Wood Frame
  • Exterior: Masonite, Wood Siding
  • Fenced: Full
  • Foundation: Concrete/Crawl Space
  • Roof: Composition/Shingle, Pitched
  • Stories: 1 Story

Garage/Parking

  • Total Parking Capacity: 2
  • Parking Capacity Per Unit: 1

Utilities

  • Heating Cooling: Natural Gas, Forced Air, Wall Heater
  • Internet: Yes
  • Utilities: Cable, City/County Water, City Sewer, Electricity, Natural Gas, Telephone
  • Facility Features: Separate Heating/Cooling, Separate Meters-Electric, Separated Meters-Gas, Separate Meters-Water, Separate Water Heaters
  • Individually Metered: Yes
  • Laundry: Separate

Lot Info

  • Acreage: 0.13
  • Parcel Number: 03118212
  • Zoning Actual: TOD

Tax Info

  • Taxes Dollar: 976

Multi Family

  • Number Units: 2
  • Unit Features: Varies Per Unit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2015
Closed on
Mar 17, 2015
Sold by
Fannie Mae
Bought by
Dukes Ian B and Harris Ruby A
Seller's Agent
Pat Schweigert
ERA - Realty Central
Buyer's Agent
Carl Jorgensen
Ferrari-Lund Real Estate Reno
List Price
$139,900
Sold Price
$152,000
Premium/Discount to List
$12,100
8.65%
Total Days on Market
18
Current Estimated Value
$434,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,355
Avg. Annual Appreciation
10.94%
Original Mortgage
$148,473
Outstanding Balance
$117,129
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$317,226

Purchase Details

Closed on
Nov 18, 2014
Sold by
Ortiz Consuelo Sanchez
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 21, 2007
Sold by
Sanchez Ortiz Jose W and Sanchez Ortiz Consuelo
Bought by
Ortiz Consuelo Sanchez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,000
Interest Rate
6.61%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 10, 2003
Sold by
Merritt Dita
Bought by
Sanchez Ortiz Jose W and Sanchez Ortiz Consuelo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
7.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 14, 2000
Sold by
Torst Marion
Bought by
Merritt Dita

Purchase Details

Closed on
Jun 5, 2000
Sold by
Merritt Dita
Bought by
Torst Marion

Purchase Details

Closed on
Oct 9, 1998
Sold by
Merritt Dita and Walker Dita Torst
Bought by
Merritt Jason Carl and Merritt Dita

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Dukes Ian B $152,000 Ticor Title Reno
Federal National Mortgage Association $160,000 First American Title Co
Ortiz Consuelo Sanchez -- Capital Title Company Of Nv
Sanchez Ortiz Jose W $180,000 Western Title Incorporated
Merritt Dita -- --
Torst Marion -- --
Merritt Dita -- --
Merritt Jason Carl -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dukes Lan B $80,000
Open Dukes Ian B $148,473
Previous Owner Ortiz Consuelo Sanchez $211,000
Previous Owner Ortiz Jose W $189,000
Previous Owner Sanchez Ortiz Jose W $153,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2015 04/17/15 Sold $152,000 +8.6% $90 / Sq Ft
03/12/2015 03/12/15 Pending -- -- --
02/22/2015 02/22/15 For Sale $139,900 -- $83 / 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 $1,303 $68,404 $41,720 $26,684
2024 $1,259 $65,704 $38,710 $26,994
2023 $1,259 $64,837 $39,305 $25,532
2022 $1,224 $54,216 $32,865 $21,351
2021 $1,197 $46,680 $25,375 $21,305
2020 $1,156 $47,678 $26,250 $21,428
2019 $1,122 $43,301 $22,470 $20,831
2018 $1,089 $35,649 $15,190 $20,459
2017 $1,057 $34,565 $14,000 $20,565
2016 $1,029 $32,309 $11,200 $21,109
2015 $1,026 $29,173 $8,050 $21,123
2014 $3,076 $27,294 $7,000 $20,294
2013 -- $26,500 $6,160 $20,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 150001970

Northern Nevada Regional MLS

APN: 031-182-12