NOT LISTED FOR SALE

3350 Richards Way Fernley, NV 89408

Estimated Value: $655,000 - $751,361

5 Beds
3 Baths
3,252 Sq Ft
$222/Sq Ft Est. Value

Last Sold September 19, 2012

Last sale price $195,000 $60 Per Sq Ft

Est. 270% increase in value since last sale

Current estimated payment $4,199/month

264 Days on Market

Highlights

  • Horse Stalls
  • Mountain View
  • High Ceiling
  • RV Access or Parking
  • Corner Lot
  • Great Room

About This Home

As of September 2012

FULL APPROVAL FOR HAFA! Contact the listing agent to schedule a showing!! Bring all the toys, horses and family, this home has room for all. Property is on 1.88 acres, with corrals, storage shed & RV parking. Your fabulous Great Room is perfect for family gatherings and entertaining. Enjoy spacious, valley views from this hilltop location., All paperwork has already been submitted to seller’s lender. Property being sold “as is”. Selling Agents are CDPE, Certified Distressed Property Experts. We make it Happen!

Last Agent to Sell the Property

Magda Martinez

HomeGate Realty of Reno License #S.44936 Listed on: 05/27/2011

Last Buyer's Agent

Kellie Flodman

Cardin Realty Pros License #B.38999

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,323

Year Built

  • Built in 2005

Lot Details

  • 1.88 Acre Lot
  • Back Yard Fenced
  • Landscaped
  • Corner Lot
  • Lot Sloped Down
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Property is zoned PUD

Parking

  • 3 Car Attached Garage
  • RV Access or Parking

Property Views

  • Mountain
  • Desert
  • Valley

Home Design

  • Slab Foundation
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Stick Built Home
  • Stucco

Interior Spaces

  • 3,252 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Primary Bathroom includes a Walk-In Shower
  • Garden Bath

Laundry

  • Laundry Room
  • Laundry Cabinets

Outdoor Features

  • Patio
  • Storage Shed

Schools

  • East Valley Elementary School
  • Fernley Middle School
  • Fernley High School

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Horse Stalls
  • Corral

Utilities

  • Refrigerated Cooling System
  • Central Air
  • Heating System Uses Propane
  • Private Water Source
  • Well
  • Propane Water Heater
  • Septic Tank
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Short Sale
  • Home warranty included in the sale of the property
  • Assessor Parcel Number 02148147

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,323

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Year Built: 2005
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: Yes
  • Lot Features: Corner Lot, Gentle Sloping, Landscaped, Sloped Down
  • Lot Size Acres: 1.88
  • Road Frontage Type: Other
  • Has View?: Yes
  • Security Features: Smoke Detector(s)
  • Association Amenities: None
  • Has H O A?: No
  • Co List Office Mls Id: 1277-o
  • Co List Office Phone: 775-856-4663
  • Special Conditions: Short Sale
  • Directions: Farm District, Clearwater, Desert Shawdow, Drayer
  • Has Cooling?: Yes
  • Has Fireplace?: Yes
  • Living Area: 3252.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: East Valley
  • Tax Legal Middle Or Junior School2: Fernley
  • Tax Legal High School: Fernley
  • Tax Legal Tax Annual Amount: 3322.85
  • Tax Legal Zoning4: PUD
  • Association Community Association Y N3: No
  • Building Stories5: 1
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 1.88
  • Lot Lot Size Square Feet2: 81892.8
  • Lot Horse Y N2: Yes
  • Lot View Y N2: Yes
  • Fencing Back Yard: Yes
  • Lot Features Landscaped: Yes
  • Lot Features Sloped Down: Yes
  • Cooling Central Air: Yes
  • Cooling Electric: Yes
  • Foundation Details Slab: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Sprinklers Front: Yes
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Cooling Refrigerated: Yes
  • Appliances Disposal: Yes
  • Other Structures Corral(s)2: Yes
  • Other Structures Stall(s): Yes
  • Outdoor Living Spaces Patio2: Yes
  • Personal Property Included Storage Shed: Yes
  • Security Features Smoke Detector(s): Yes
  • Sprinklers Drip System In Front: Yes
  • View Mountain(s): Yes
  • Appliances Microwave: Yes
  • Fencing Partial2: Yes
  • Sewer Septic Tank: Yes
  • Construction Materials Stucco: Yes
  • Sprinklers Automatic: Yes
  • Lot Features Corner Lot: Yes
  • Lot Features Gentle Sloping: Yes
  • View Desert: Yes
  • View Valley: Yes
  • Other Rooms Entrance Foyer2: Yes
  • Water Heater Propane3: Yes
  • Special Listing Conditions Short Sale: Yes
  • Fireplace Features Gas4: Yes
  • Special Features: 12
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Interior Amenities: Ceiling Fan(s), High Ceilings, Kitchen Island, Pantry, Walk-In Closet(s)
  • Window Features: Blinds, Double Pane Windows, Drapes, Rods, Vinyl Frames
  • Interior Living Area4: 3252.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Interior Features High Ceilings: Yes
  • Fireplace Features Living Room: Yes
  • Window Features Double Pane Windows: Yes
  • Window Features Vinyl Frames: Yes
  • Dining Room Features Separate Formal Room2: Yes
  • Window Features Blinds: Yes
  • Window Features Drapes: Yes
  • Primary Bedroom Features Double Sinks: Yes
  • Interior Fireplaces Total2: 1.0
  • Primary Bedroom Features Shower Stall: Yes
  • Flooring Ceramic Tile: Yes
  • Window Features Rods: Yes
  • Laundry Features Cabinets2: Yes
  • Laundry Features Laundry Room: Yes
  • Living Room Features Great Room3: Yes
  • Dining Room Features High Ceilings3: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Primary Bedroom Features High Ceilings6: Yes
  • Primary Bedroom Features Garden Tub: Yes
  • Interior Features Kitchen Island: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Kitchen Features Breakfast Nook: Yes
  • Kitchen Features Built- In Microwave: Yes
  • Kitchen Features Kitchen Island2: Yes
  • Primary Bedroom Features Ceiling Fan(s)7: Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes
  • Flooring Laminate: Yes
  • Interior Features Ceiling Fan(s)2: Yes
  • Living Room Features Ceiling Fan(s)3: Yes

Exterior Features

  • Roof: Composition, Pitched, Shingle
  • Stories: 1
  • View: Desert, Mountain(s), Valley
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Other Structures: Corral(s)
  • Patio And Porch Features: Patio
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes

Garage/Parking

  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Garage Spaces: 3.0
  • Has Attached Garage?: Yes
  • Parking Features: Attached, RV Access/Parking
  • Total Parking Spaces: 3.0
  • Parking Information Garage Y N: Yes
  • Parking Information Garage Spaces: 3.0
  • Parking Information Carport Y N: No
  • Parking Information Parking Total: 3.0
  • Parking Features Attached: Yes
  • Parking Features R V Access Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Available, Phone Available, Water Available, Propane
  • Water Source: Private, Well
  • Laundry Features: Cabinets, Laundry Room
  • Cooling: Central Air, Electric, Refrigerated
  • Heating: Electric, Fireplace(s), Propane
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities Cooling Y N3: Yes
  • Utilities Heating Y N3: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Water Available: Yes
  • Utilities Internet Available: Yes
  • Heating Electric4: Yes
  • Utilities Propane4: Yes
  • Heating Fireplace(s): Yes
  • Heating Propane2: Yes
  • Water Source Private6: Yes
  • Water Source Well: Yes

Schools

  • Middle Or Junior School: Fernley

Lot Info

  • Parcel Number: 02148147
  • Fencing: Back Yard, Partial
  • Lot Size Sq Ft: 81892.8
  • Zoning: PUD

Tax Info

  • Tax Annual Amount: 3322.85

MLS Schools

  • Elementary School: East Valley
  • HighSchool: Fernley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2011
Closed on
Sep 15, 2012
Sold by
Mcelmeel Steven J and Mcelmeel Christina L
Bought by
Johnson Christopher S and Johnson Rylie A
Seller's Agent
Magda Martinez
HomeGate Realty of Reno
Buyer's Agent
Kellie Flodman
Cardin Realty Pros
List Price
$244,000
Sold Price
$195,000
Premium/Discount to List
-$49,000
-20.08%
Current Estimated Value
$721,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$526,590
Avg. Annual Appreciation
10.53%
Original Mortgage
$175,500
Outstanding Balance
$121,324
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$600,266

Purchase Details

Closed on
Apr 28, 2005
Sold by
Sierra West Development Lc
Bought by
Mcelmeel Steven J and Mcelmeel Christina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Johnson Christopher S $19,500 Ticor Title Of Nevada Inc
Mcelmeel Steven J $424,000 Title Service & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Christopher S $175,500
Previous Owner Mcelmeel Steven J $333,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2012 09/19/12 Sold $195,000 -20.1% $60 / Sq Ft
02/15/2012 02/15/12 Pending -- -- --
05/27/2011 05/27/11 For Sale $244,000 -- $75 / 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 $4,475 $230,253 $56,000 $174,253
2024 $3,193 $191,693 $49,000 $142,692
2023 $3,193 $182,842 $49,000 $133,842
2022 $2,940 $172,299 $49,000 $123,299
2021 $2,854 $158,685 $38,500 $120,185
2020 $2,769 $153,886 $38,500 $115,386
2019 $2,689 $135,945 $24,500 $111,445
2018 $2,610 $129,599 $21,000 $108,599
2017 $2,534 $122,592 $14,000 $108,592
2016 $2,470 $116,829 $6,830 $109,999
2015 $2,465 $101,613 $6,830 $94,783
2014 $2,393 $83,663 $6,830 $76,833
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 110007379

Northern Nevada Regional MLS

APN: 021-481-47