NOT LISTED FOR SALE

3350 Richards Way Fernley, NV 89408

Estimated Value: $701,000 - $796,000

5 Beds
3 Baths
3,252 Sq Ft
$228/Sq Ft Est. Value

Last Sold September 19, 2012

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

Est. 280% increase in value since last sale

Current estimated payment $4,204/month

264 Days on Market

Highlights

  • Desert View
  • 1 Fireplace
  • Ceramic Tile Flooring

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
  • Property is zoned PUD

Parking

  • 3 Car Garage

Property Views

  • Desert
  • Valley

Home Design

  • Pitched Roof

Interior Spaces

  • 3,252 Sq Ft Home
  • 1 Fireplace

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

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

Utilities

  • Propane
  • Internet Available

Listing and Financial Details

  • 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
  • Road Frontage Type: Other
  • Co List Office Mls Id: 1277-o
  • Co List Office Phone: 775-856-4663
  • Directions: Farm District, Clearwater, Desert Shawdow, Drayer
  • Property Attached Yn: No
  • Special Features: 12

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

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

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Attached, RV Access/Parking

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 Yn: Yes
  • Sewer: Septic Tank

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%
Total Days on Market
264
Current Estimated Value
$741,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$546,918
Avg. Annual Appreciation
11.10%
Original Mortgage
$175,500
Outstanding Balance
$123,475
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$618,443

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
$32,000
Interest Rate
5.65%
Mortgage Type
Credit Line Revolving
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
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 $30,000
Open Johnson Christopher S $175,500
Previous Owner Mcelmeel Steven J $400,000
Previous Owner Mcelmeel Steven J $18,500
Previous Owner Mcelmeel Steven J $32,000
Previous Owner Mcelmeel Steven J $333,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

  • Magda Martinez

    Seller's Agent in 2012

    Magda Martinez

    HomeGate Realty of Reno

    (775) 772-1804

    293 Total Sales

    Magda Martinez
    Section Image
  • Kellie Flodman

    Buyer's Agent in 2012

    Kellie Flodman

    Cardin Realty Pros

    (775) 690-5348

    233 Total Sales

    Kellie Flodman
    Section Image
See All Agents

Map

Source: Northern Nevada Regional MLS

MLS Number: 110007379

Northern Nevada Regional MLS

APN: 021-481-47

Nevada Lyon County Fernley 89408

3350 Richards Way, Fernley, NV

This home is located at 3350 Richards Way, Fernley, NV 89408 since 27 May 2011 and is currently estimated at $741,918, approximately $228 per square foot. This property was built in 2005. 3350 Richards Way is a home located in Lyon County with nearby schools including East Valley Elementary School, Fernley Intermediate School, and Fernley High School.

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