M
Seller's Agent in 2022
Michelle Wallace
Wallace Realty
(775) 423-6731
11 in this area
15 Total Sales
401-413 Timothy Way Fallon, NV 89406
8
Beds
4
Baths
3,456
Sq Ft
7,841
Sq Ft Lot
Highlights
- Double Pane Windows
- Refrigerated and Evaporative Cooling System
- Wood Siding
- Brick or Stone Mason
- Partially Fenced Property
- Carpet
About This Home
As of August 2022Great investment property with 4 - 2 bedroom, 1 bath units with washer and dryer hook-ups. Has had recent updating with carpet, vinyl and paint in various units. 100% occupied with leases. Close to NAS Falln and USA Parkway. 24 hour notice required to show.
Last Agent to Sell the Property
Wallace Realty License #S.2936 Listed on: 07/09/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,631
Year Built
- Built in 1986
Lot Details
- 7,841 Sq Ft Lot
- Partially Fenced Property
Home Design
- Brick or Stone Mason
- Slab Foundation
- Frame Construction
- Pitched Roof
- Shingle Roof
- Composition Roof
- Wood Siding
Interior Spaces
- 3,456 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Blinds
- Fire and Smoke Detector
- Laundry in unit
Kitchen
- Oven
- Gas Range
- Dishwasher
- Disposal
Flooring
- Carpet
- Vinyl
Parking
- 8 Parking Spaces
- Common or Shared Parking
Schools
- E.C. Best Elementary School
- Churchill Middle School
- Churchill High School
Utilities
- Refrigerated and Evaporative Cooling System
- Heating System Uses Natural Gas
- Separate Meters
- Master Meter
- Individual Gas Meter
- Gas Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tenant pays for all utilities
- The owner pays for all utilities
- Assessor Parcel Number 001-011-39
Community Details
Overview
- 4 Units
- Fallon Community
- The community has rules related to covenants, conditions, and restrictions
Building Details
- Net Operating Income $41,307
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/29/2022 08/29/22 | Sold | $630,000 | -1.6% | $182 / Sq Ft |
| 08/02/2022 08/02/22 | Pending | -- | -- | -- |
| 07/26/2022 07/26/22 | Price Changed | $640,000 | -5.2% | $185 / Sq Ft |
| 07/08/2022 07/08/22 | For Sale | $675,000 | -- | $195 / Sq Ft |
Source: Northern Nevada Regional MLS
Tax History Compared to Growth
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 | $2,059 | $72,900 | $22,400 | $50,500 |
| 2024 | $2,059 | $75,434 | $22,400 | $53,034 |
| 2023 | $2,059 | $69,675 | $22,400 | $47,275 |
| 2022 | $1,763 | $54,169 | $11,200 | $42,969 |
| 2021 | $1,631 | $53,829 | $11,200 | $42,629 |
| 2020 | $1,570 | $55,028 | $11,200 | $43,828 |
| 2019 | $1,525 | $54,594 | $11,200 | $43,394 |
| 2018 | $1,481 | $53,879 | $11,200 | $42,679 |
| 2017 | $1,437 | $53,891 | $11,200 | $42,691 |
| 2016 | $1,402 | $42,723 | $11,200 | $31,523 |
| 2015 | $1,372 | $38,573 | $11,200 | $27,373 |
| 2014 | $1,338 | $35,365 | $11,200 | $24,165 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Wallace
-
Lauren Vogel
L
Buyer's Agent in 2022
Lauren Vogel
Rogne Realty, LTD.
(775) 217-6738
50 in this area
95 Total Sales
Map
Source: Northern Nevada Regional MLS
MLS Number: 220010330
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