NOT LISTED FOR SALE

435 Alaska Way Reno, NV 89506

Estimated Value: $482,000 - $539,000

3 Beds
2 Baths
1,573 Sq Ft
$320/Sq Ft Est. Value

Last Sold September 30, 2013

Last sale price $175,000 $111 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $2,825/month

11 Days on Market

Highlights

  • Horses Allowed On Property
  • Mountain View
  • No HOA
  • 1.05 Acre Lot
  • Family Room with Fireplace
  • 2 Car Attached Garage

About This Home

As of September 2013

This is a Fannie Mae HomePath Property. Purchase this property for as little as 3% down! This property is approved for HomePath Mortgage Financing and HomePath Renovation Financing. This beautiful property is located on an acre of land and has stunning views of the surrounding mountains. There is a fireplace in the living room and a wood stove in the family room. This property comes turn key with new carpet and paint throughout in wonderful neutral colors. Come out and see this beautiful horse property., The Buyers 10 day inspection period (Fannie Mae standard) starts once fully executed contracts are received. No offers can be submitted within the first 72 hours on MLS. All offers will be submitted after 72 hours, however, no Investor offers will be considered by Fannie Mae within the first 30 days on MLS (Visit HomePath.com to check status of the First Look Period). Please note that Fannie Mae strongly suggests no less than $1000 for earnest money deposit on financed offers and 10% earnest money deposit on cash offers. Buyer to verify ALL information regarding property, to include but not limited to tax and HOA information.

Last Agent to Sell the Property

Marshall Carrasco

Marshall Realty License #B.1000579 Listed on: 08/16/2013

Last Buyer's Agent

Mike Ramos

Coldwell Banker Select Reno License #S.60360

Coldwell Banker Select Reno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,108

Year Built

  • Built in 1980

Lot Details

  • 1.05 Acre Lot
  • Back Yard Fenced
  • Landscaped

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,573 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Mountain Views
  • Laundry Room

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Lemmon Valley Elementary School
  • Obrien Middle School
  • North Valleys High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Heating System Uses Propane
  • Propane
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Home warranty included in the sale of the property
  • Assessor Parcel Number 08026614

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,108

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1980
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: Yes
  • Lot Features: Landscaped
  • Lot Size Acres: 1.05
  • Road Frontage Type: Other
  • Has View?: Yes
  • Association Amenities: None
  • Has H O A?: No
  • Co List Office Mls Id: 1812-o
  • Co List Office Phone: 775-787-7400
  • Special Conditions: Real Estate Owned
  • Directions: Nectar
  • Has Fireplace?: Yes
  • Living Area: 1573.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Lemmon Valley
  • Tax Legal Middle Or Junior School2: OBrien
  • Tax Legal High School: North Valleys
  • Tax Legal Tax Annual Amount: 1107.64
  • Tax Legal Zoning4: RES
  • Association Community Association Y N3: No
  • Building Stories5: 2
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 1.05
  • Lot Lot Size Square Feet2: 45738.0
  • Lot Horse Y N2: Yes
  • Lot View Y N2: Yes
  • Fencing Back Yard: Yes
  • Lot Features Landscaped: Yes
  • Foundation Details Slab: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Typeof Construction Site Stick- Built: Yes
  • Water Heater Electric5: Yes
  • Water Rights Water Rights Y N: No
  • View Mountain(s): Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Stories: 2

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 2
  • Interior Living Area4: 1573.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Fireplace Features Living Room: Yes
  • Living Room Features Separate Formal Room: Yes
  • Dining Room Features Separate Formal Room2: Yes
  • Family Room Features Separate Formal Room3: Yes
  • Interior Fireplaces Total2: 2.0
  • Flooring Ceramic Tile: Yes
  • Laundry Features Laundry Area: Yes
  • Fireplace Features Family Room: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Pitched, Shingle
  • Stories: 2
  • View: Mountain(s)
  • Construction Type: Wood Siding
  • Foundation Details: Slab
  • Construction Materials Wood Siding: Yes
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: 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, Propane
  • Laundry Features: Laundry Area
  • Heating: Propane
  • Heating Yn: Yes
  • Utilities Heating Y N3: Yes
  • Utilities Electricity Available: Yes
  • Utilities Propane4: Yes
  • Heating Propane2: Yes

Schools

  • Middle Or Junior School: OBrien

Lot Info

  • Parcel Number: 08026614
  • Fencing: Back Yard
  • Lot Size Sq Ft: 45738.0
  • Zoning: RES

Tax Info

  • Tax Annual Amount: 1107.64

MLS Schools

  • Elementary School: Lemmon Valley
  • HighSchool: North Valleys

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2013
Closed on
Sep 10, 2013
Sold by
Federal National Mortgage Association
Bought by
Ruland William J and Ruland Paula R
Seller's Agent
Marshall Carrasco
Marshall Realty
Buyer's Agent
Mike Ramos
Coldwell Banker Select Reno
List Price
$172,000
Sold Price
$175,000
Premium/Discount to List
$3,000
1.74%
Current Estimated Value
$503,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,336
Avg. Annual Appreciation
9.16%

Purchase Details

Closed on
Mar 29, 2013
Sold by
Rainey Steve D and Rainey Julie A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 17, 2004
Sold by
Meals Gerald A
Bought by
Rainey Steve D and Rainey Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
4.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 24, 2003
Sold by
Meals Marcie
Bought by
Meals Gerald A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,600
Interest Rate
7.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 3, 2003
Sold by
Bank One Na
Bought by
Meals Gerald A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,600
Interest Rate
7.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 23, 2003
Sold by
Miguel Ailey and Miguel Sophia
Bought by
Bank One Na

Purchase Details

Closed on
Mar 24, 2000
Sold by
Alcorn Veronica V
Bought by
Miguel Ailey and Miguel Sophia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,200
Interest Rate
10.6%

Purchase Details

Closed on
Sep 9, 1999
Sold by
Alcorn Walter E
Bought by
Alcorn Walter E and Alcorn Veronica V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
7.5%

Purchase Details

Closed on
Aug 24, 1999
Sold by
Alcorn Veronica V
Bought by
Alcorn Walter E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
7.5%

Purchase Details

Closed on
Mar 8, 1995
Sold by
Mantor Michael R and Mantor Kathleen M Covey
Bought by
Alcorn Walter E and Alcorn Veronica V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,314
Interest Rate
9.21%
Mortgage Type
FHA
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
Ruland William J $175,000 First American Title Insuran
Federal National Mortgage Association $214,811 Lsi Title Agency Inc
Rainey Steve D $245,000 Stewart Title Of Northern Nv
Meals Gerald A -- Stewart Title Of Northern Nv
Meals Gerald A -- First American Title
Meals Gerald A $431,866 First American Title
Bank One Na $132,181 First Centennial Title Co
Miguel Ailey $151,500 First Centennial Title Co
Alcorn Walter E -- --
Alcorn Walter E -- First Centennial
Alcorn Walter E $132,000 Founders Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rainey Steve D $196,000
Previous Owner Meals Gerald A $135,600
Previous Owner Miguel Ailey $121,200
Previous Owner Alcorn Walter E $129,600
Previous Owner Alcorn Walter E $130,314
Closed Miguel Ailey $15,150
Closed Rainey Steve D $24,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2013 09/30/13 Sold $175,000 +1.7% $111 / Sq Ft
08/26/2013 08/26/13 Pending -- -- --
08/15/2013 08/15/13 For Sale $172,000 -- $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 $1,842 $70,473 $37,975 $32,498
2024 $1,842 $68,844 $35,105 $33,739
2023 $1,706 $65,483 $33,075 $32,408
2022 $1,580 $57,343 $29,750 $27,593
2021 $1,463 $47,780 $19,880 $27,900
2020 $1,375 $47,248 $19,005 $28,243
2019 $1,309 $46,920 $19,005 $27,915
2018 $1,249 $41,330 $13,545 $27,785
2017 $1,199 $41,157 $12,880 $28,277
2016 $1,169 $38,964 $9,800 $29,164
2015 $1,166 $38,418 $8,995 $29,423
2014 $1,112 $35,177 $7,140 $28,037
2013 -- $33,307 $5,285 $28,022
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 130010339

Northern Nevada Regional MLS

APN: 080-266-14