NOT LISTED FOR SALE

525 N Maine St Fallon, NV 89406

Estimated Value: $152,288 - $327,000

2 Beds
1 Bath
1,024 Sq Ft
$232/Sq Ft Est. Value

Last Sold April 21, 2016

Last sale price $75,000 $73 Per Sq Ft

Est. 217% increase in value since last sale

Current estimated payment $1,351/month

129 Days on Market

Highlights

  • RV Access or Parking
  • 0.78 Acre Lot
  • No HOA
  • Lahontan Elementary School Rated A-
  • Park or Greenbelt View
  • 1-minute walk to Pioneer Park

About This Home

As of April 2016

This is a unique property that it has a 2nd home built in 1961, 616 sq. ft. that was a 1 bedroom, 1 bath that is ready for remodeling with potential rental income of $450. The 2 bedroom has been rented in the past for $595. per month. This large lot is .780 of an acre allowing comfortable space for both of the homes. Washer & Dryer is included but the condition is unknown. The Seller will not warranty them.

Last Agent to Sell the Property

Michelle Wallace

Wallace Realty License #S.2936 Listed on: 11/17/2015

Last Buyer's Agent

Leslie Beach

RE/MAX Connection License #B.1001745

RE/MAX Connection

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $697

Year Built

  • Built in 1951

Lot Details

  • 0.78 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Property is zoned R1-5K

Parking

  • RV Access or Parking

Home Design

  • Brick or Stone Mason
  • Pitched Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,024 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Carpet
  • Park or Greenbelt Views
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Dryer
  • Washer

Schools

  • Numa Elementary School
  • Churchill Middle School
  • Churchill High School

Utilities

  • Floor Furnace
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 00101102

Home Details

Home Type

Single Family

Est. Annual Taxes

$697

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Year Built: 1951
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Level
  • Lot Size Acres: 0.78
  • Road Frontage Type: Other
  • Has View?: Yes
  • Association Amenities: None
  • Has H O A?: No
  • Co List Office Mls Id: 627500169-o
  • Co List Office Phone: 775-423-2131
  • Directions: "D" Street
  • Has Fireplace?: Yes
  • Living Area: 1024.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Numa
  • Tax Legal Middle Or Junior School2: Churchill
  • Tax Legal High School: Churchill
  • Tax Legal Tax Annual Amount: 696.75
  • Tax Legal Zoning4: R1-5K
  • Association Community Association Y N3: No
  • Building Stories5: 1
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: No
  • Lot Lot Size Acres2: 0.78
  • Lot Lot Size Square Feet2: 33976.8
  • Lot Horse Y N2: No
  • Lot View Y N2: Yes
  • Foundation Details Crawl Space: Yes
  • Lot Features Level: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dryer: Yes
  • Appliances Washer: Yes
  • Fencing Partial2: Yes
  • Water Heater Gas5: Yes
  • Construction Materials Brick: Yes
  • View Park Greenbelt: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Washer
  • Flooring: Carpet
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Window Features: Double Pane Windows, Single Pane Windows
  • Interior Living Area4: 1024.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Fireplace Features Living Room: Yes
  • Window Features Double Pane Windows: Yes
  • Laundry Features In Kitchen: Yes
  • Dining Room Features Living Room Combination: Yes
  • Interior Fireplaces Total2: 1.0
  • Laundry Features Laundry Area: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Pitched
  • Stories: 1
  • View: Park/Greenbelt
  • Construction Type: Brick, Wood Siding
  • Foundation Details: Crawl Space
  • Construction Materials Wood Siding: Yes
  • Roof Pitched: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Has Attached Garage?: No
  • Parking Features: RV Access/Parking, None
  • Parking Information Garage Y N: No
  • Parking Information Carport Y N: No
  • Parking Features R V Access Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Water Meter Installed
  • Water Source: Public
  • Laundry Features: In Kitchen, Laundry Area
  • Heating: Floor Furnace, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Heating Y N3: Yes
  • 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
  • Utilities Water Meter Installed: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes
  • Heating Floor Furnace: Yes

Schools

  • Middle Or Junior School: Churchill

Lot Info

  • Parcel Number: 00101102
  • Fencing: Partial
  • Lot Size Sq Ft: 33976.8
  • Zoning: R1-5K

Tax Info

  • Tax Annual Amount: 696.75

MLS Schools

  • Elementary School: Numa
  • HighSchool: Churchill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2015
Closed on
Apr 15, 2016
Sold by
Tab Properties Inc
Bought by
Valley Investment Solutions Llc
Seller's Agent
Michelle Wallace
Wallace Realty
Buyer's Agent
Leslie Beach
RE/MAX Connection
List Price
$85,000
Sold Price
$75,000
Premium/Discount to List
-$10,000
-11.76%
Current Estimated Value
$237,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,822
Avg. Annual Appreciation
12.92%
Original Mortgage
$65,000
Outstanding Balance
$51,639
Interest Rate
3.68%
Mortgage Type
Seller Take Back
Estimated Equity
$186,183

Purchase Details

Closed on
Aug 29, 2011
Sold by
Dotson Benny F and Dotson Dianna L
Bought by
Tab Properties Inc

Purchase Details

Closed on
Dec 19, 2007
Sold by
Dotson Benny F and Dotson Dianna L
Bought by
Dotson Benny S and Dotson Dianna L
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
Valley Investment Solutions Llc $75,000 Title Service & Escrow
Tab Properties Inc -- None Available
Dotson Benny S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valley Investment Solutions Llc $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2016 04/21/16 Sold $75,000 -11.8% $73 / Sq Ft
03/25/2016 03/25/16 Pending -- -- --
11/17/2015 11/17/15 For Sale $85,000 -- $83 / 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 $1,067 $32,787 $12,950 $19,837
2024 $1,067 $31,761 $12,250 $19,511
2023 $1,067 $30,191 $12,250 $17,941
2022 $916 $26,697 $11,376 $15,321
2021 $848 $25,796 $11,376 $14,420
2020 $816 $25,495 $11,376 $14,119
2019 $787 $24,891 $11,376 $13,515
2018 $752 $24,276 $11,376 $12,900
2017 $729 $24,047 $11,376 $12,671
2016 $711 $20,165 $11,376 $8,789
2015 $697 $18,918 $11,376 $7,542
2014 $678 $17,869 $11,376 $6,493
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 150015636

Northern Nevada Regional MLS

APN: 001-011-02