NOT LISTED FOR SALE

2485 Demaris St Unit 1 Sparks, NV 89436

Pioneer Meadows Neighborhood

Estimated Value: $556,000 - $612,000

4 Beds
2.5 Baths
2,020 Sq Ft
$285/Sq Ft Est. Value

Last Sold December 31, 2012

Last sale price $190,000 $94 Per Sq Ft

Est. 203% increase in value since last sale

Current estimated payment $3,457/month

10 Days on Market

Highlights

  • Mountain View
  • High Ceiling
  • Breakfast Area or Nook
  • Bohach Elementary School Rated A-
  • Great Room
  • 3 Car Attached Garage

About This Home

As of December 2012

HUD Home. Built in 2007, this 4 bedroom home offers a prime location and a great layout including a 3 car garage. The owner's suite includes separate shower and garden tub, walk in closet, high ceiling and a ceiling fan. The kitchen features beatiful cabinetry and granite countertops. Property qualifies for FHA financing., HUD Disclosures: HOA association fee of $35 / monthly; Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a low to moderate flood risk. Please refer to for additional information regarding flood zones and insurance. “Property located in Washoe County, which mandates the removal of any used solid fuel burning stove that is not certified by the Environmental Protection Agency (EPA). All purchaser(s) will need to remove or replace any used solid fuel burning stove with certified or low emitting device(s) after the close of escrow. It is the buyer’s responsibility to verify the heating source of the property.”

Last Agent to Sell the Property

Bobbi McKinnon

Keller Williams Group One Inc. License #S.168307 Listed on: 10/24/2012

Keller Williams Group One Inc.

Co-Listed By

Teri Farmer

Keller Williams Group One Inc.

Last Buyer's Agent

Gerard Gabrielli

RE/MAX Professionals-Sparks License #S.170836

RE/MAX Professionals-Sparks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,991

Year Built

  • Built in 2007

Lot Details

  • 6,098 Sq Ft Lot
  • Dog Run
  • Back Yard Fenced
  • Landscaped
  • Level Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Property is zoned PUD

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Tandem Parking

Home Design

  • Slab Foundation
  • Pitched Roof
  • Tile Roof
  • Stick Built Home
  • Stucco

Interior Spaces

  • 2,020 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Family Room with Fireplace
  • Great Room
  • Combination Dining and Living Room
  • Mountain Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Primary Bathroom includes a Walk-In Shower
  • Garden Bath

Laundry

  • Laundry Room
  • Laundry Cabinets

Outdoor Features

  • Patio
  • Storage Shed

Schools

  • Spanish Springs Elementary School
  • Shaw Middle School
  • Spanish Springs High School

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • $350 HOA Transfer Fee
  • Rmi Association, Phone Number (775) 376-5922
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • HUD Owned
  • REO, home is currently bank or lender owned
  • Home warranty included in the sale of the property
  • Assessor Parcel Number 52818306

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,991

Year Built

Built in 2007

Lot Details

0

HOA Fees

$35 per month

Parking

3

Listing Details

  • Year Built: 2007
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Road Frontage Type: Other
  • Co List Office Mls Id: 1315-o
  • Co List Office Phone: 775-823-8787
  • Co List Office Mls Id: 1315-o
  • Co List Office Phone: 775-823-8787
  • Directions: Vista-Wingfield Hills-Rolling Meadows-Lusitana
  • Property Attached Yn: No
  • Special Features: 5120

Interior Features

  • Appliances: Disposal
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Interior Amenities: Breakfast Bar, High Ceilings, Walk-In Closet(s)
  • Window Features: Double Pane Windows

Exterior Features

  • Exterior Features: Dog Run
  • Roof: Pitched, Tile
  • Stories: 2
  • View: Mountain(s)
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Attached, Tandem

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Water Meter Installed
  • Water Source: Public
  • Laundry Features: Cabinets, Laundry Area, Laundry Room
  • Cooling: Central Air, Refrigerated
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Middle Or Junior School: Shaw Middle School

Lot Info

  • Parcel Number: 52818306
  • Fencing: Back Yard
  • Lot Size Sq Ft: 6098.4
  • Zoning: PUD

Tax Info

  • Tax Annual Amount: 1991.0

MLS Schools

  • Elementary School: Spanish Springs
  • HighSchool: Spanish Springs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2012
Closed on
Dec 31, 2012
Sold by
Joshi Sheetal
Bought by
Joshi Amit
Seller's Agent
Bobbi McKinnon
Keller Williams Group One Inc.
Buyer's Agent
Gerard Gabrielli
RE/MAX Professionals-Sparks
List Price
$177,000
Sold Price
$190,000
Premium/Discount to List
$13,000
7.34%
Total Days on Market
10
Current Estimated Value
$575,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,436
Avg. Annual Appreciation
9.27%
Original Mortgage
$183,388
Outstanding Balance
$129,165
Interest Rate
3.27%
Mortgage Type
New Conventional
Estimated Equity
$446,271

Purchase Details

Listed on
Oct 24, 2012
Closed on
Dec 27, 2012
Sold by
The Secretary Of Hud
Bought by
Joshi Amit
Seller's Agent
Bobbi McKinnon
Keller Williams Group One Inc.
Buyer's Agent
Gerard Gabrielli
RE/MAX Professionals-Sparks
List Price
$177,000
Sold Price
$190,000
Premium/Discount to List
$13,000
7.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,388
Outstanding Balance
$129,165
Interest Rate
3.27%
Mortgage Type
New Conventional
Estimated Equity
$446,271

Purchase Details

Closed on
Sep 5, 2012
Sold by
Jpmorgan Chase Bank Na
Bought by
Secretary Of Hud

Purchase Details

Closed on
Mar 30, 2011
Sold by
Chesney Tyler J and Chesney Michelle
Bought by
Chase Home Finance Llc

Purchase Details

Closed on
Apr 12, 2007
Sold by
Lennar Reno Llc
Bought by
Chesney Tyler J and Chesney Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,187
Interest Rate
6.1%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 9, 2006
Sold by
Gmac Model Home Finance Llc
Bought by
Lennar Reno Llc
Source: Public Records

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Range of Values:

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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
Joshi Amit -- Monument Title Insurance Inc
Joshi Amit $190,000 Monument Title Insurance Inc
Secretary Of Hud -- None Available
Chase Home Finance Llc $316,035 Accommodation
Chesney Tyler J $310,000 North American Title Co
Lennar Reno Llc $1,280,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joshi Amit $100,000
Open Joshi Amit $183,388
Previous Owner Chesney Tyler J $280,079
Previous Owner Chesney Tyler J $267,187
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2012 12/31/12 Sold $190,000 +7.3% $94 / Sq Ft
11/02/2012 11/02/12 Pending -- -- --
10/23/2012 10/23/12 For Sale $177,000 -- $88 / 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 $2,753 $128,497 $36,540 $91,957
2024 $2,673 $126,298 $33,635 $92,663
2023 $2,673 $136,274 $37,030 $99,244
2022 $2,591 $113,861 $31,535 $82,326
2021 $2,516 $107,533 $25,830 $81,703
2020 $2,441 $107,606 $25,935 $81,671
2019 $2,371 $104,377 $24,780 $79,597
2018 $2,298 $95,813 $18,270 $77,543
2017 $2,233 $94,834 $17,325 $77,509
2016 $2,176 $94,161 $15,785 $78,376
2015 $2,172 $92,968 $14,875 $78,093
2014 $2,110 $68,853 $12,495 $56,358
2013 -- $57,052 $10,780 $46,272
Source: Public Records

Agents Affiliated with this Home

  • Bobbi McKinnon

    Seller's Agent in 2012

    Bobbi McKinnon

    Keller Williams Group One Inc.

    (775) 313-6637

    79 Total Sales

    Bobbi McKinnon
    Section Image

  • T

    Seller Co-Listing Agent in 2012

    Teri Farmer

    Keller Williams Group One Inc.

  • G

    Buyer's Agent in 2012

    Gerard Gabrielli

    RE/MAX

    (775) 772-3247

    Section Image
  • Sandra Gabrielli

    Buyer Co-Listing Agent in 2012

    Sandra Gabrielli

    RE/MAX

    (775) 640-6539

    160 Total Sales

    Sandra Gabrielli
    Section Image
See All Agents

Map

Source: Northern Nevada Regional MLS

MLS Number: 120012820

Northern Nevada Regional MLS

APN: 528-183-06

Nevada Washoe County Sparks 89436 Pioneer Meadows

2485 Demaris St Unit 1, Sparks, NV

This home is located at 2485 Demaris St Unit 1, Sparks, NV 89436 since 24 October 2012 and is currently estimated at $575,436, approximately $284 per square foot. This property was built in 2007. 2485 Demaris St Unit 1 is a home located in Washoe County with nearby schools including Bohach Elementary School, Sky Ranch Middle School, and Spanish Springs High School.

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