NOT LISTED FOR SALE

Estimated Value: $456,000 - $517,000

3 Beds
2 Baths
1,303 Sq Ft
$375/Sq Ft Est. Value

Last Sold February 20, 2014

Last sale price $144,000 $111 Per Sq Ft

Est. 239% increase in value since last sale

Current estimated payment $2,811/month

220 Days on Market

Highlights

  • RV Access or Parking
  • Mountain View
  • Double Pane Windows
  • Van Gorder Elementary School Rated A-
  • 2 Car Attached Garage
  • Walk-In Closet

About This Home

As of February 2014

Great HUD owned home in Spanish Springs. Amazing Cul De Sac location with .19 acre homesite. 3 bedrooms, 2 bathrooms, 2 car garage single story home. Interior features include: open floorplan, gas log fireplace, oak cabinetry, breakfast bar, pantry, spacious and open kitchen, dining area, large master suite with dual sinks and walk in closet, RV access, dog run and so much more. This home is darling and wont last long...Call Today!, Disclosures: Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low 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, Plumbing system does not hold pressure & may have leaks. Gate valve at water heater has a slow leak. Stain on floor behind toilet indicates a prior or recent leak, Several areas of earth and wood contact should be separated, Poor grading on the Northeast corner of the house, Interior receptors are loose or damaged, The electric breaker serving the AC condensing unit is over sized, HOA Management fee of $49.00 Monthly : Eugene Burger Management Corporation Reno. Repairs: Replace kitchen floor coverings. Slab concrete is exposed, Replace missing thermostat. Misc.: Listing Broker 3% of purchase price, Selling Broker up to 3% of purchase price. Misc Earnest Money Deposit (EMD)$1000

Last Agent to Sell the Property

Cindy Fite

Ferrari-Lund R.E. Sparks License #BS.145880 Listed on: 05/14/2013

Last Buyer's Agent

Kerry Joslyn

Chase International-Damonte License #S.168151

Chase International-Damonte

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,033

Year Built

  • Built in 1999

Lot Details

  • 8,276 Sq Ft Lot
  • Dog Run
  • Back Yard Fenced
  • Landscaped
  • Level Lot
  • Property is zoned PD

HOA Fees

  • $49 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • RV Access or Parking

Home Design

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

Interior Spaces

  • 1,303 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Blinds
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry Cabinets

Outdoor Features

  • Patio

Schools

  • Van Gorder 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
  • Cable TV Available

Community Details

  • $250 HOA Transfer Fee
  • Ebmc Association
  • Maintained Community
  • 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 52405119

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,033

Year Built

Built in 1999

Lot Details

0

HOA Fees

$49 per month

Parking

2

Listing Details

  • Year Built: 1999
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Landscaped, Level
  • Lot Size Acres: 0.19
  • Road Frontage Type: Other
  • Has View?: Yes
  • Security Features: Smoke Detector(s)
  • Association Amenities: Maintenance Grounds
  • Association Fees: 49.0
  • Association Fee Frequency: Monthly
  • Has H O A?: Yes
  • Co List Office Mls Id: 1193-o
  • Co List Office Phone: 775-685-7788
  • Special Conditions: HUD Owned, Real Estate Owned
  • Directions: La Posada-Cordoba
  • Has Cooling?: Yes
  • Has Fireplace?: Yes
  • Living Area: 1303.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Van Gorder
  • Tax Legal Middle Or Junior School2: Shaw Middle School
  • Tax Legal High School: Spanish Springs
  • Tax Legal Tax Annual Amount: 2033.0
  • Tax Legal Zoning4: PD
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 49.0
  • Building Stories5: 1
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 0.19
  • Lot Lot Size Square Feet2: 8276.4
  • Lot Horse Y N2: No
  • Association Details Transfer Fee: 250.0
  • Lot View Y N2: Yes
  • Fencing Back Yard: Yes
  • Lot Features Landscaped: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Lot Features Level: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: No
  • Cooling Refrigerated: Yes
  • Appliances Disposal: Yes
  • Outdoor Living Spaces Patio2: Yes
  • Security Features Smoke Detector(s): Yes
  • View Mountain(s): Yes
  • Association Amenities Maintenance Grounds: Yes
  • Water Heater Gas5: Yes
  • Fireplace Features Gas Log: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: EBMC
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Listing Conditions H U D Owned: Yes
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Appliances: Disposal
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Breakfast Bar, Pantry, Walk-In Closet(s)
  • Window Features: Blinds, Double Pane Windows, Vinyl Frames
  • Interior Living Area4: 1303.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Fireplace Features Living Room: Yes
  • Interior Features Breakfast Bar: Yes
  • Window Features Double Pane Windows: Yes
  • Window Features Vinyl Frames: Yes
  • Kitchen Features Breakfast Bar2: Yes
  • Window Features Blinds: Yes
  • Living Room Features Family Room Combination: Yes
  • Primary Bedroom Features Double Sinks: Yes
  • Primary Bedroom Features Tub Shower Combination: Yes
  • Interior Fireplaces Total2: 1.0
  • Flooring Ceramic Tile: Yes
  • Laundry Features Cabinets2: Yes
  • Laundry Features Laundry Area: Yes
  • Laundry Features Laundry Room: Yes
  • Kitchen Features Disposal2: Yes
  • Dining Room Features Kitchen Combination: Yes
  • Fireplace Features Family Room: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes
  • Flooring Laminate: Yes

Exterior Features

  • Exterior Features: Dog Run
  • Roof: Composition, Pitched, Shingle
  • Stories: 1
  • View: Mountain(s)
  • Construction Type: Wood Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Construction Materials Wood Siding: Yes
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes
  • Exterior Features Dog Run: Yes

Garage/Parking

  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Garage Spaces: 2.0
  • Has Attached Garage?: Yes
  • Parking Features: Attached, Garage Door Opener, RV Access/Parking
  • Total Parking Spaces: 2.0
  • Parking Information Garage Y N: Yes
  • Parking Information Garage Spaces: 2.0
  • Parking Information Carport Y N: No
  • Parking Information Parking Total: 2.0
  • Parking Features Attached: Yes
  • Parking Features R V Access Parking: Yes
  • Parking Features Garage Door Opener: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: Cabinets, Laundry Area, Laundry Room
  • Cooling: Central Air, Refrigerated
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Cooling Y N3: Yes
  • Utilities Heating Y N3: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Heating Forced Air: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes

Schools

  • Middle Or Junior School: Shaw Middle School

Lot Info

  • Parcel Number: 52405119
  • Fencing: Back Yard
  • Lot Size Sq Ft: 8276.4
  • Zoning: PD

Tax Info

  • Tax Annual Amount: 2033.0

MLS Schools

  • Elementary School: Van Gorder
  • HighSchool: Spanish Springs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2013
Closed on
Feb 17, 2014
Sold by
Secretary Of Hud
Bought by
Cortez Latasha N
Seller's Agent
Cindy Fite
Ferrari-Lund R.E. Sparks
Buyer's Agent
Kerry Joslyn
Chase International-Damonte
List Price
$139,000
Sold Price
$144,000
Premium/Discount to List
$5,000
3.6%
Current Estimated Value
$488,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,293
Avg. Annual Appreciation
11.03%
Original Mortgage
$136,800
Outstanding Balance
$103,896
Interest Rate
4.47%
Mortgage Type
New Conventional
Estimated Equity
$384,397

Purchase Details

Closed on
Apr 10, 2013
Sold by
Bank Of America Na
Bought by
Secretary Of Hud

Purchase Details

Closed on
Nov 4, 2008
Sold by
Federal National Mortgage Association
Bought by
Eaton Gregory M and Eaton Jennifer D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,377
Interest Rate
6.09%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 31, 2008
Sold by
Penalber Jaime T and Penalber Mariah I
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 14, 2004
Sold by
Ussher Karen L
Bought by
Penalber Jaime T and Penalber Mariah I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,491
Interest Rate
6.27%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 17, 1998
Sold by
K & R Homes
Bought by
Ussher Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,700
Interest Rate
6.86%
Source: Public Records

Range of Values:

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Average Value
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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
Cortez Latasha N $144,000 Monument Title Insurance Inc
Secretary Of Hud -- None Available
Eaton Gregory M $199,000 Western Title Inc Ridge
Federal National Mortgage Association $270,259 Ticor Title Of Nevada Inc
Penalber Jaime T $250,000 First Centennial Title Co
Ussher Karen L $137,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cortez Latasha N $136,800
Previous Owner Eaton Gregory M $196,377
Previous Owner Penalber Jaime T $229,491
Previous Owner Ussher Karen L $129,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2014 02/20/14 Sold $144,000 +3.6% $111 / Sq Ft
12/20/2013 12/20/13 Pending -- -- --
05/14/2013 05/14/13 For Sale $139,000 -- $107 / 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 $2,075 $88,847 $36,855 $51,992
2024 $2,075 $84,726 $32,200 $52,526
2023 $1,461 $86,452 $36,750 $49,702
2022 $1,957 $70,058 $28,490 $41,568
2021 $1,902 $64,442 $22,995 $41,447
2020 $1,842 $65,242 $23,625 $41,617
2019 $1,788 $62,163 $21,875 $40,288
2018 $1,736 $55,263 $15,785 $39,478
2017 $1,687 $54,973 $15,365 $39,608
2016 $1,642 $54,617 $13,685 $40,932
2015 $1,639 $54,355 $13,405 $40,950
2014 $1,587 $49,880 $10,430 $39,450
2013 -- $40,754 $8,155 $32,599
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 130005507

Northern Nevada Regional MLS

APN: 524-051-19