NOT LISTED FOR SALE

2478 Resource Dr Fernley, NV 89408

Estimated Value: $228,000

1.18 Acres
$193,220 Price per Acre
51,401 Sq Ft Lot

Last Sold March 22, 2023

Last sale price $84,500

Est. 170% increase in value since last sale

Current estimated payment $1,231/month

3,967 Days on Market

Highlights

  • Horses Allowed On Property
  • Mountain View
  • Desert Landscape
  • Lahontan Elementary School Rated A-
  • No HOA
  • Level Lot

About This Lot

As of March 2023

This industrial site is located off Hwy 50, with Highway visibility. Geothermal activity surrounds this parcel and the adjoining parcel also for sale. Paved road access, close utilities and nearby development are all positive attributes.

Last Agent to Sell the Property

Kellie Flodman

Cardin Realty Pros License #B.38999 Listed on: 12/21/2011

Last Buyer's Agent

Kellie Flodman

Cardin Realty Pros License #B.38999 Listed on: 12/21/2011

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $895

Lot Details

  • 1.18 Acre Lot
  • Desert Landscape
  • Level Lot
  • Open Lot
  • Corners Of The Lot Have Been Marked

Schools

  • Northside Elementary School
  • Churchill Middle School
  • Churchill High School

Utilities

  • No Utilities
  • Water Not Available
  • Well Required
  • Septic Needed
  • Sewer Not Available

Additional Features

  • Mountain Views
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Lease Option
  • Assessor Parcel Number 00952170

Property Details

Property Type

Land

Est. Annual Taxes

$895

Lot Details

0

Listing Details

  • Property Type: Land
  • Horses: Yes
  • Lot Features: Gentle Sloping, Level, Open Lot, Corners Marked, Desert
  • Lot Size Acres: 1.18
  • Road Frontage Type: Public Access
  • Road Surface Type: Paved
  • Has View?: Yes
  • Has H O A?: No
  • Co List Office Mls Id: 1480-o
  • Co List Office Phone: 775-575-9999
  • Directions: Hwy 50 East-Jersey-Renewable-Resource
  • Tax Legal Zoning4: I
  • Lot Features Level: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Water Rights Water Rights Y N: No
  • View Mountain(s): Yes
  • Lot Features Gentle Sloping: Yes
  • Lot Features Open Lot: Yes
  • Tax Legal Elementary School2: Northside
  • Tax Legal High School2: Churchill
  • Listing Terms Lease Option: Yes
  • Tax Legal Tax Annual Amount3: 895.0
  • Tax Legal Middleor Junior School3: Churchill
  • Association Community Association Y N: No
  • Lot Lot Size Acres: 1.18
  • Lot View Y N4: Yes
  • Lot Horse Y N4: Yes
  • Lot Features Corners Marked: Yes
  • Land Details Crops Included Y N: No
  • Land Details Deed Restrictions: Unknown
  • Land Details Road Easement Y N: Yes
  • Sewer Septic Needed: Yes
  • Lot Features Desert2: Yes
  • Sewer None26: Yes
  • Development Status Raw Land: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountain(s)

Utilities

  • Utilities: Sewer Not Available, Water Not Available, None
  • Water Source: Well Needed, None
  • Sewer: Septic Needed, None
  • Utilities Sewer Not Available: Yes
  • Utilities None27: Yes
  • Water Source Well Needed: Yes
  • Utilities Water Not Available: Yes
  • Water Source None30: Yes

Schools

  • Middle Or Junior School: Churchill

Lot Info

  • Parcel Number: 00952170
  • Fencing: None
  • Development Status: Raw Land
  • Lot Size Sq Ft: 51400.8
  • Crops Included: No
  • Zoning: I

Tax Info

  • Tax Annual Amount: 895.0

MLS Schools

  • Elementary School: Northside
  • HighSchool: Churchill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2022
Sold by
Western Highland Mortgage Fund I Llc
Bought by
Rick And Lanette Arnaud Family Trust
Current Estimated Value
$228,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2012
Sold by
Western Highland Mortgage Fund I Llc
Bought by
Western Highland Mortgage Fund I Llc

Purchase Details

Closed on
Nov 22, 2011
Sold by
Sierra West Development Lc
Bought by
Western Highland Mortgage Fund I Llc

Purchase Details

Closed on
Feb 26, 2007
Sold by
Blt Ready Mix Inc
Bought by
Sierra West Development Lc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Rick And Lanette Arnaud Family Trust $169,000 Stewart Title
Western Highland Mortgage Fund I Llc -- None Available
Western Highland Mortgage Fund I Llc $145,000 Western Nevada Title Company
Sierra West Development Lc $100,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rick And Lanette Arnaud Family Trust $125,000
Previous Owner Sierra West Development Lc $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2023 03/22/23 Sold $84,500 -6.0% --
10/31/2022 10/31/22 Pending -- -- --
09/08/2021 09/08/21 For Sale $89,900 +6.4% --
06/30/2021 06/30/21 Off Market $84,500 -- --
12/31/2018 12/31/18 For Sale $89,900 +6.4% --
12/30/2018 12/30/18 Off Market $84,500 -- --
12/21/2011 12/21/11 For Sale $98,000 -- --
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 $259 $15,056 $8,995 $6,061
2024 $259 $8,995 $8,995 $0
2023 $259 $8,995 $8,995 $0
2022 $283 $9,830 $9,830 $0
2021 $283 $9,830 $9,830 $0
2020 $282 $9,830 $9,830 $0
2019 $282 $9,830 $9,830 $0
2018 $282 $9,830 $9,830 $0
2017 $282 $9,830 $9,830 $0
2016 $670 $23,625 $23,625 $0
2015 $669 $24,959 $23,625 $1,334
2014 $707 $24,969 $23,625 $1,344
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 110016476

Northern Nevada Regional MLS

APN: 009-251-70