NOT LISTED FOR SALE

4150 Margoree Ln Fallon, NV 89406

Estimated Value: $292,995 - $473,000

5 Acres
$76,600 Price per Acre
217,800 Sq Ft Lot

Last Sold October 19, 2016

Last sale price $80,000

Est. 379% increase in value since last sale

Current estimated payment $2,184/month

160 Days on Market

Highlights

  • Horses Allowed On Property
  • View of Trees or Woods
  • Landscaped
  • Lahontan Elementary School Rated A-
  • No HOA
  • Barbed Wire

About This Lot

As of October 2016

This use to be Tommy Dennis' trucking yard. We not only have a building site with hookups for well and septic in the front but we also have a 40 x 60 shop with its own septic, laundry room and bathroom. Property is fenced completely and has gates at the entrances, Shop is on a solid reinforced foundation. It is metal with a 12' and 10' roll up doors, skylights, electricity and man door. Thane Hammond was the contractor for the shop. Hiskett and Sons did the septic and Farris Drilling did the well. We also have Occupancy Permit from the state of Nevada and until recently we also had a special use permit for the watchman and his trailer. Property is separated by chain link fencing into two areas. One for the shop and what was equipment yard and the other for building site. Lots of trees on the driveway and around the perimeter of the property. Electricity is all underground. Great opportunity to purchase now and build later. Owner will consider carrying with substantial down and reasonable terms.

Last Agent to Sell the Property

Jennifer Beaman-Williams

LL Realty Inc. - Fernley Listed on: 05/11/2016

Last Buyer's Agent

Jennifer Beaman-Williams

LL Realty Inc. - Fernley Listed on: 05/11/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $850

Lot Details

  • 5 Acre Lot
  • Property fronts an easement
  • Barbed Wire
  • Chain Link Fence
  • Landscaped
  • Level Lot
  • Corners Of The Lot Have Been Marked
  • Property is zoned A5

Property Views

  • Woods
  • Mountain
  • Desert

Schools

  • Churchill Middle School
  • Churchill High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Underground Utilities
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 00643434

Community Details

Overview

  • No Home Owners Association

Recreation

  • Outbuilding

Property Details

Property Type

Land

Est. Annual Taxes

$850

Lot Details

0

Listing Details

  • Property Type: Land
  • Horses: Yes
  • Lot Features: Landscaped, Level, Corners Marked
  • Lot Size Acres: 5.0
  • Road Frontage Type: Other, Public Access
  • Road Surface Type: Gravel
  • Has View?: Yes
  • Has H O A?: No
  • Co List Office Mls Id: 844-o
  • Co List Office Phone: 775-575-9550
  • Directions: Solias to Margoree
  • Tax Legal Zoning4: A5
  • Lot Features Landscaped: Yes
  • Lot Features Level: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Water Rights Water Rights Y N: No
  • View Mountain(s): Yes
  • Sewer Septic Tank: Yes
  • View Desert: Yes
  • View Trees Woods: Yes
  • Tax Legal Elementary School2: Fallon/Other
  • Tax Legal High School2: Churchill
  • Tax Legal Tax Annual Amount3: 850.3
  • Tax Legal Middleor Junior School3: Churchill
  • Association Community Association Y N: No
  • Lot Lot Size Acres: 5.0
  • Lot View Y N4: Yes
  • Lot Horse Y N4: Yes
  • Lot Features Corners Marked: Yes
  • Land Details Crops Included Y N: No
  • Land Details Deed Restrictions: Unknown
  • Land Details Utility Easement Y N: Yes
  • Fencing Chain Link: Yes
  • Fencing Fenced2: Yes
  • Fencing Barbed Wire: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Desert, Mountain(s), Trees/Woods
  • Other Structures: Outbuilding
  • Other Structures Outbuilding: Yes

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available, Underground Utilities
  • Water Source: Well
  • Sewer: Septic Tank
  • Utilities Electricity Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Water Source Well: Yes
  • Utilities Underground Utilities: Yes

Schools

  • Middle Or Junior School: Churchill

Lot Info

  • Parcel Number: 00643434
  • Fencing: Barbed Wire, Chain Link, Fenced
  • Lot Size Sq Ft: 217800.0
  • Crops Included: No
  • Zoning: A5

Tax Info

  • Tax Annual Amount: 850.3

MLS Schools

  • Elementary School: Fallon/Other
  • HighSchool: Churchill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2016
Closed on
Oct 18, 2016
Sold by
Miles Michael James and Miles Twilla A
Bought by
Johnson Rick A and Johnson Deborah L
Seller's Agent
Jennifer Beaman-Williams
LL Realty Inc. - Fernley
Buyer's Agent
Jennifer Beaman-Williams
LL Realty Inc. - Fernley
List Price
$124,900
Sold Price
$80,000
Premium/Discount to List
-$44,900
-35.95%
Current Estimated Value
$382,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,999
Avg. Annual Appreciation
19.17%
Source: Public Records

Range of Values:

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Average Value
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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 Rick A $80,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Rick A $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2016 10/19/16 Sold $80,000 -35.9% --
10/18/2016 10/18/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $124,900 -- --
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 $1,932 $75,154 $14,175 $60,979
2024 $1,932 $77,320 $14,175 $63,145
2023 $1,932 $83,030 $11,030 $72,000
2022 $1,687 $60,451 $11,030 $49,421
2021 $1,637 $60,171 $11,030 $49,141
2020 $1,179 $47,396 $11,030 $36,366
2019 $1,104 $44,440 $11,030 $33,410
2018 $901 $32,920 $7,875 $25,045
2017 $863 $33,139 $7,875 $25,264
2016 $847 $28,260 $7,875 $20,385
2015 $826 $27,861 $7,875 $19,986
2014 $814 $30,578 $8,750 $21,828
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 160006746

Northern Nevada Regional MLS

APN: 006-434-34