NOT LISTED FOR SALE

401-413 Timothy Way Fallon, NV 89406

8 Beds
4 Baths
3,456 Sq Ft
7,841 Sq Ft Lot

Last Sold August 29, 2022

Last sale price $630,000 $182 Per Sq Ft

25 Days on Market

Highlights

  • Double Pane Windows
  • Brick or Stone Mason
  • Partially Fenced Property
  • Lahontan Elementary School Rated A-
  • Refrigerated and Evaporative Cooling System
  • Wood Siding

About This Home

As of August 2022

Great 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

Michelle Wallace

Wallace Realty License #S.2936 Listed on: 07/09/2022

Last Buyer's Agent

Lauren Vogel

Rogne Realty, LTD. License #B.146573

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 00101139

Community Details

Overview

  • 4 Units
  • The community has rules related to covenants, conditions, and restrictions

Building Details

  • Net Operating Income $41,307

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,631

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Year Built: 1986
  • Property Type: Residential Income
  • Lot Size Acres: 0.18
  • Road Frontage Type: Public
  • Security Features: Smoke Detector(s)
  • Co List Office Mls Id: 627500169-o
  • Co List Office Phone: 775-423-2131
  • Directions: Keddie
  • Has Cooling?: Yes
  • Tax Legal Zoning4: RC
  • Building Stories5: 1
  • Cooling Evaporative Cooling: Yes
  • Foundation Details Slab: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Appliances Dishwasher: Yes
  • Appliances Disposal: Yes
  • Security Features Smoke Detector(s): Yes
  • Fencing Partial2: Yes
  • Water Heater Gas5: Yes
  • Construction Materials Brick: Yes
  • Construction Materials Frame: Yes
  • Tax Legal Elementary School2: E.C. Best
  • Tax Legal High School2: Churchill
  • Lot Lot Size Acres4: 0.18
  • Lot Lot Size Square Feet4: 7840.8
  • Appliances Oven: Yes
  • Appliances Gas Range: Yes
  • Tax Legal Tax Annual Amount3: 1631.19
  • Incomeand Expenses Net Operating Income: 41307.0
  • Contract Rent Control Y N: No
  • Association Community Number Of Buildings2: 1.0
  • Building Number Of Units Total5: 4.0
  • Special Information Onsite Management Y N: No
  • Meter Information Separate Meters Y N: Yes
  • Meter Information Separate Electric Meters Y N: Yes
  • Meter Information Separate Gas Meters Y N: Yes
  • Meter Information Separate Water Meters Y N: No
  • Meter Information Separate Water Heaters Y N: Yes
  • Meter Information One Primary Electric Meter Y N: No
  • Meter Information One Primary Gas Meter Y N: No
  • Meter Information One Primary Water Meter Y N: Yes
  • Tax Legal Middleor Junior School: Churchill
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Oven, Dishwasher, Disposal, Gas Range, Refrigerator
  • Flooring: Carpet, Vinyl
  • Number Of Buildings: 1
  • Owner Pays: All Utilities
  • Window Features: Blinds, Double Pane Windows
  • Flooring Carpet: Yes
  • Window Features Double Pane Windows: Yes
  • Window Features Blinds: Yes
  • Flooring Vinyl: Yes
  • Interior Building Area Total3: 3456.0
  • Laundry Features In Unit: Yes

Exterior Features

  • Roof: Composition, Pitched, Shingle
  • Stories: 1
  • Construction Type: Brick, Frame, Wood Siding
  • Foundation Details: Slab
  • Construction Materials Wood Siding: Yes
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: Common
  • Total Parking Spaces: 8.0
  • Parking Information Parking Total4: 8.0
  • Parking Features Common: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: In Unit
  • Cooling: Evaporative Cooling
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes
  • Utilities Heating Y N5: Yes
  • Utilities Cooling Y N5: Yes
  • Owner Pays All Utilities: Yes

Schools

  • Middle Or Junior School: Churchill

Lot Info

  • Parcel Number: 00101139
  • Fencing: Partial
  • Lot Size Sq Ft: 7840.8
  • Zoning: RC

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Scheduled Income: 48300.0
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1631.19

MLS Schools

  • Elementary School: E.C. Best
  • HighSchool: Churchill

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Michelle Wallace

    Wallace Realty

    (775) 423-6731

    12 in this area

    16 Total Sales

    Michelle Wallace
    Section Image

  • L

    Buyer's Agent in 2022

    Lauren Vogel

    Rogne Realty, LTD.

    (775) 217-6738

    48 in this area

    92 Total Sales

    Lauren Vogel
    Section Image
See All Agents

Map

Source: Northern Nevada Regional MLS

MLS Number: 220010330

Northern Nevada Regional MLS
Nevada Churchill County Fallon 89406

401-413 Timothy Way, Fallon, NV

This home is located at 401-413 Timothy Way, Fallon, NV 89406 since 09 July 2022. This property was built in 1986. 401-413 Timothy Way is a home located in Churchill County with nearby schools including Lahontan Elementary School, E.C. Best Elementary School, and Numa Elementary School.

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