NOT LISTED FOR SALE

Estimated Value: $491,000 - $514,000

3 Beds
2 Baths
1,262 Sq Ft
$395/Sq Ft Est. Value

Last Sold October 22, 2012

Last sale price $150,000 $119 Per Sq Ft

Est. 232% increase in value since last sale

Current estimated payment $2,979/month

13 Days on Market

Highlights

  • Great Room
  • Double Pane Windows
  • Laundry Room
  • 2 Car Attached Garage
  • Breakfast Bar
  • Forced Air Heating System

About This Home

As of October 2012

Buyer(s) to Purchase Home in an “AS IS” Condition. Buyer(s) to Verify ALL Information including HOA Amenities & schools. Agents: Please set up appointments through Showing Assist. Please Read Private Remarks. Loan Pre Approval Letter or Proof of Funds to Close MUST be submitted with ALL Offers., This Property is eligible under the Freddie Mac First Look Initiative Through 09/27/2012. (All offers MUST be OWNER OCCUPIED for the first 30 Days on the MLS) Visit homesteps.com for information on Home Warranty Credit “up to” $500 for owner occupied homes only! Seller reserves the right to remove any property from this incentive or end the incentive at any time. ALL Accepted Offers are subject to senior management approval.

Last Agent to Sell the Property

Michael Specchio

Coldwell Banker Select Sparks Listed on: 08/24/2012

Last Buyer's Agent

Joe Collins

RE/MAX Professionals-Sparks License #S.170470

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,514

Year Built

  • Built in 2001

Lot Details

  • 0.28 Acre Lot
  • Partially Fenced Property
  • Gentle Sloping Lot
  • Property is zoned MDS

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Asphalt Roof
  • Stick Built Home
  • Masonite

Interior Spaces

  • 1,262 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Great Room
  • Carpet
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Schools

  • Hall Elementary School
  • Shaw Middle School
  • Spanish Springs High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • $100 HOA Transfer Fee
  • Equus Mgt Association
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 53042406

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,514

Year Built

Built in 2001

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • Year Built: 2001
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Gentle Sloping
  • Lot Size Acres: 0.28
  • Road Frontage Type: Other
  • Association Amenities: None
  • Association Fees: 100.0
  • Association Fee Frequency: Monthly
  • Has H O A?: Yes
  • Co List Office Mls Id: 1148-op
  • Co List Office Phone: 775-356-8880
  • Special Conditions: Real Estate Owned
  • Directions: Indian Springs Drive
  • Has Fireplace?: Yes
  • Living Area: 1262.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Hall
  • Tax Legal Middle Or Junior School2: Shaw Middle School
  • Tax Legal High School: Spanish Springs
  • Tax Legal Tax Annual Amount: 1513.58
  • Tax Legal Zoning4: MDS
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 100.0
  • Building Stories5: 1
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: No
  • Lot Lot Size Acres2: 0.28
  • Lot Lot Size Square Feet2: 12196.8
  • Lot Horse Y N2: No
  • Association Details Transfer Fee: 100.0
  • Construction Materials Masonite: Yes
  • Foundation Details Slab: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Appliances Disposal: Yes
  • Fencing Partial2: Yes
  • Water Heater Gas5: Yes
  • Fireplace Features Gas Log: Yes
  • Lot Features Gentle Sloping: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: Equus Mgt
  • Association Details Management Company Phone5: 284-2050
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Breakfast Bar
  • Window Features: Double Pane Windows, Vinyl Frames
  • Interior Living Area4: 1262.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Interior Features Breakfast Bar: Yes
  • Window Features Double Pane Windows: Yes
  • Window Features Vinyl Frames: Yes
  • Kitchen Features Breakfast Bar2: Yes
  • Primary Bedroom Features Tub Shower Combination: Yes
  • Interior Fireplaces Total2: 1.0
  • Laundry Features Laundry Area: Yes
  • Laundry Features Laundry Room: Yes
  • Living Room Features Great Room3: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Dining Room Features Great Room4: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Asphalt
  • Stories: 1
  • Construction Type: Masonite
  • Foundation Details: Slab
  • Roof Asphalt3: Yes

Garage/Parking

  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Garage Spaces: 2.0
  • Has Attached Garage?: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 2.0
  • Parking Information Garage Y N: Yes
  • Parking Information Garage Spaces: 2.0
  • Parking Information Carport Y N: No
  • Parking Information Parking Total: 2.0
  • Parking Features Attached: Yes

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: Laundry Area, Laundry Room
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Heating Y N3: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Heating Forced Air: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes

Schools

  • Middle Or Junior School: Shaw Middle School

Lot Info

  • Parcel Number: 53042406
  • Fencing: Partial
  • Lot Size Sq Ft: 12196.8
  • Zoning: MDS

Tax Info

  • Tax Annual Amount: 1513.58

MLS Schools

  • Elementary School: Hall
  • HighSchool: Spanish Springs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2012
Closed on
Sep 19, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Ogorman Kellie C
Seller's Agent
Michael Specchio
Coldwell Banker Select Sparks
Buyer's Agent
Joe Collins
RE/MAX Professionals-Sparks
List Price
$137,000
Sold Price
$150,000
Premium/Discount to List
$13,000
9.49%
Current Estimated Value
$498,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,392
Avg. Annual Appreciation
9.70%
Original Mortgage
$100,000
Outstanding Balance
$70,215
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$424,324

Purchase Details

Closed on
Jul 6, 2012
Sold by
Lee Ming C and Fung Polly B
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 26, 2004
Sold by
Lyons Nicholas and Lyons Elizabeth
Bought by
Lee Ming C and Fung Polly B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 13, 2003
Sold by
Lyons Nicholas and Lyons Elizabeth
Bought by
Lyons Nicholas and Lyons Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,750
Interest Rate
7.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 18, 2001
Sold by
Cimarron West Llc
Bought by
Lyons Nick and Cramer Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,371
Interest Rate
6.88%
Mortgage Type
FHA
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
Ogorman Kellie C $150,000 Service Link Reo Title
Federal Home Loan Mortgage Corporation $112,500 Accommodation
Lee Ming C $275,000 Founders Title Company Of Nv
Lyons Nicholas -- Stewart Title Of Northern Nv
Lyons Nick $140,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ogorman Kellie C $100,000
Previous Owner Lee Ming C $247,500
Previous Owner Lyons Nicholas $165,750
Previous Owner Lyons Nick $138,371
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2012 10/22/12 Sold $150,000 +9.5% $119 / Sq Ft
09/06/2012 09/06/12 Pending -- -- --
08/24/2012 08/24/12 For Sale $137,000 -- $109 / 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 $2,215 $91,476 $37,835 $53,641
2024 $2,215 $88,601 $34,580 $54,021
2023 $1,419 $86,560 $35,385 $51,175
2022 $1,901 $71,446 $28,700 $42,746
2021 $1,738 $65,699 $23,940 $41,759
2020 $1,633 $65,401 $23,555 $41,846
2019 $1,556 $64,006 $23,590 $40,416
2018 $1,485 $55,295 $15,750 $39,545
2017 $1,423 $55,351 $15,750 $39,601
2016 $1,386 $53,910 $13,440 $40,470
2015 $1,387 $53,794 $13,370 $40,424
2014 $1,346 $48,395 $9,380 $39,015
2013 -- $40,034 $7,350 $32,684
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 120010660

Northern Nevada Regional MLS

APN: 530-424-06