NOT LISTED FOR SALE

Estimated Value: $469,000 - $490,711

3 Beds
2 Baths
1,303 Sq Ft
$369/Sq Ft Est. Value

Last Sold February 20, 2014

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

Est. 233% increase in value since last sale

Current estimated payment $2,907/month

220 Days on Market

Highlights

  • 1 Fireplace
  • Ceramic Tile Flooring
  • Dog Run
  • Van Gorder Elementary School Rated A-

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
  • Property is zoned PD

HOA Fees

  • $49 per month

Parking

  • 2 Car Garage

Home Design

  • Pitched Roof

Interior Spaces

  • 1,303 Sq Ft Home
  • 1 Fireplace
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Listing and Financial Details

  • 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
  • Road Frontage Type: Other
  • Co List Office Mls Id: 1193-o
  • Co List Office Phone: 775-685-7788
  • Directions: La Posada-Cordoba
  • Property Attached Yn: No
  • Special Features: RealEstateOwned

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

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

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener, RV Access/Parking

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 Yn: Yes
  • Sewer: Public Sewer

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%
Total Days on Market
220
Current Estimated Value
$480,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,178
Avg. Annual Appreciation
11.24%
Original Mortgage
$136,800
Outstanding Balance
$105,695
Interest Rate
4.47%
Mortgage Type
New Conventional
Estimated Equity
$374,483

Purchase Details

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$574,500
Interest Rate
3.37%
Mortgage Type
Credit Line Revolving

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

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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
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 Bukowski Karen $574,500
Previous Owner Eaton Gregory M $196,377
Previous Owner Penalber Jaime T $256,000
Previous Owner Penalber Jaime T $229,491
Previous Owner Ussher Karen L $148,800
Previous Owner Ussher Karen L $37,200
Previous Owner Ussher Karen L $129,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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