NOT LISTED FOR SALE

Estimated Value: $2,202,000 - $2,490,834

4 Beds
4.5 Baths
5,697 Sq Ft
$412/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $1,825,000 $320 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $13,939/month

265 Days on Market

Highlights

  • Barn
  • 5 Acre Lot
  • Mountain View
  • Horses Allowed On Property
  • River Nearby
  • Fireplace in Primary Bedroom

About This Home

As of August 2020

Historic, iconic home on 5 acres with 500 feet of Truckee River frontage in Verdi, NV. You can literally fish from your own backyard. Elegance and charm define each space of the home with 3200 feet of living space on the main level and guest space with a library and sun room on 2nd floor. A large mature orchard sits next to a barn dating back to the 1800s., Additional parcel of 1.78 acres is also listed.

Last Agent to Sell the Property

Rebecca Dickson

Dickson Realty - Caughlin License #BS.17849 Listed on: 10/15/2019

Dickson Realty - Caughlin

Last Buyer's Agent

Frank Picone

RE/MAX Gold License #S.169095

RE/MAX Gold

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,943

Year Built

  • Built in 1954

Lot Details

  • 5 Acre Lot
  • Property fronts a private road
  • Dog Run
  • Landscaped
  • Level Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Property is zoned LDS

HOA Fees

  • $133 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 5,697 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Double Pane Windows
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Library
  • Sun or Florida Room
  • Mountain Views
  • Finished Basement
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Dual Sinks
  • Primary Bathroom includes a Walk-In Shower
  • Garden Bath

Laundry

  • Laundry Room
  • Sink Near Laundry
  • Shelves in Laundry Area

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Outdoor Features

  • River Nearby
  • Deck
  • Patio
  • Outbuilding
  • Breezeway

Schools

  • Verdi Elementary School
  • Billinghurst Middle School
  • Mc Queen High School

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Propane
  • Water Rights
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Additional Features

  • Barn
  • Horses Allowed On Property

Community Details

  • Privately Managed, Sue Oldham Association
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 03824234

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,943

Year Built

Built in 1954

Lot Details

0

HOA Fees

$133 per month

Parking

3

Listing Details

  • Year Built: 1954
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: Yes
  • Road Frontage Type: Private Road, Other
  • Co List Office Mls Id: 136-o
  • Co List Office Phone: 775-746-7000
  • Directions: Verdi Exit 2, R to I-80 E over fwy, L Orange Post
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Additional Refrigerator(s), Dishwasher, Disposal, Gas Cooktop, Microwave
  • Flooring: Carpet, Stone, Wood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 2
  • Interior Amenities: Kitchen Island, Pantry, Primary Downstairs
  • Window Features: Blinds, Double Pane Windows, Drapes

Exterior Features

  • Exterior Features: Dog Run
  • Roof: Composition, Pitched, Shingle
  • Stories: 2
  • View: Mountain(s)
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space
  • Other Structures: Barn(s), Outbuilding
  • Patio And Porch Features: Patio, Deck

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Garage Door Opener

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available, Propane
  • Water Source: Private, Well
  • Laundry Features: Laundry Area, Laundry Room, Shelves, Sink
  • Cooling: Central Air, Refrigerated
  • Heating Yn: Yes
  • Sewer: Septic Tank

Schools

  • Middle Or Junior School: Billinghurst

Lot Info

  • Parcel Number: 03824234
  • Fencing: None
  • Lot Size Sq Ft: 217800.0
  • Zoning: LDS

Tax Info

  • Tax Annual Amount: 5943.07

MLS Schools

  • Elementary School: Verdi
  • HighSchool: Mc Queen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2021
Sold by
Gerutto Mike and Gerutto Teresa
Bought by
The Mike And Teresa Gerutto Trust
Current Estimated Value
$2,348,945

Purchase Details

Listed on
Oct 15, 2019
Closed on
Aug 14, 2020
Sold by
Matheu Mary
Bought by
Gerutto Mike and Gerutto Teresa
Seller's Agent
Rebecca Dickson
Dickson Realty - Caughlin
Buyer's Agent
Frank Picone
RE/MAX Gold
List Price
$1,985,000
Sold Price
$1,825,000
Premium/Discount to List
-$160,000
-8.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.32%

Purchase Details

Closed on
Jul 9, 2003
Sold by
River House Llc
Bought by
Matheu Peter J and Matheu Mary F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage
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
The Mike And Teresa Gerutto Trust -- None Available
Gerutto Mike $1,825,000 First Centennial Title Reno
Matheu Peter J $1,400,000 Western Title Incorporated
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Matheu Peter J $950,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2020 08/17/20 Sold $1,825,000 -8.1% $320 / Sq Ft
07/06/2020 07/06/20 Pending -- -- --
03/30/2020 03/30/20 For Sale $1,985,000 0.0% $348 / Sq Ft
02/24/2020 02/24/20 Pending -- -- --
12/04/2019 12/04/19 Price Changed $1,985,000 -7.7% $348 / Sq Ft
10/17/2019 10/17/19 Price Changed $2,150,000 +2.4% $377 / Sq Ft
10/15/2019 10/15/19 For Sale $2,100,000 -- $369 / 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 $9,255 $412,440 $199,500 $212,940
2024 $9,255 $414,689 $231,000 $183,689
2023 $8,058 $381,373 $231,000 $150,373
2022 $7,167 $332,631 $210,000 $122,631
2021 $6,307 $298,180 $199,500 $98,680
2020 $6,121 $285,349 $189,000 $96,349
2019 $5,943 $258,690 $168,000 $90,690
2018 $5,770 $237,312 $150,150 $87,162
2017 $5,602 $222,402 $136,500 $85,902
2016 $5,460 $224,458 $136,500 $87,958
2015 $1,362 $168,160 $82,775 $85,385
2014 $5,325 $164,351 $82,775 $81,576
2013 -- $160,572 $82,775 $77,797
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 190015845

Northern Nevada Regional MLS

APN: 038-242-34