NOT LISTED FOR SALE

5305 Madeiros Dr Sun Valley, NV 89433

Estimated Value: $265,000 - $400,000

3 Beds
1 Bath
996 Sq Ft
$320/Sq Ft Est. Value

Last Sold April 11, 2023

Last sale price $210,000 $211 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,848/month

101 Days on Market

Highlights

  • Mountain View
  • Double Pane Windows
  • Ceramic Tile Flooring
  • No HOA
  • Laundry Room
  • Open Floorplan

About This Home

As of April 2023

Overlooking the Sun Valley area, this home sits on 0.4 acres of land and is 996 square feet. Walk into what could be your living room with the kitchen on the right and the 3 bedrooms spaced on the left. One bedroom has access to the bath/laundry area from the bedroom. Bath/laundry is also accessible from the living room., Home is being sold 'as-is.' Buyer & Buyer's agent to verify all information/details.

Last Agent to Sell the Property

Terry Rasner-Yacenda

Reno/Tahoe Realty Group, LLC License #B.0143016 Listed on: 11/02/2022

Last Buyer's Agent

Maria McCurdy

BHG Drakulich Realty License #S.178741

BHG Drakulich Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,048

Year Built

  • Built in 1984

Lot Details

  • 0.4 Acre Lot
  • Open Lot
  • Property is zoned MDS

Property Views

  • Mountain
  • Desert
  • Valley

Home Design

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

Interior Spaces

  • 996 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Open Floorplan
  • Ceramic Tile Flooring

Kitchen

  • Microwave
  • Dishwasher
  • No Kitchen Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Bathroom
  • Laundry Cabinets

Schools

  • Sun Valley Elementary School
  • Desert Skies Middle School
  • Hug High School

Utilities

  • No Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • HUD Owned
  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 08580219

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,048

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Year Built: 1984
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Open Lot
  • Lot Size Acres: 0.4
  • Has View?: Yes
  • Association Amenities: None
  • Has H O A?: No
  • Co List Office Mls Id: 1785-o
  • Co List Office Phone: 775-473-8899
  • Special Conditions: HUD Owned, Real Estate Owned
  • Directions: Top of Rd, right on dirt rd in front of 5301
  • Has Fireplace?: No
  • Living Area: 996.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Sun Valley
  • Tax Legal Middle Or Junior School2: Desert Skies
  • Tax Legal High School: Hug
  • Tax Legal Tax Annual Amount: 1047.71
  • Tax Legal Zoning4: MDS
  • 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: 0.4
  • Lot Lot Size Square Feet2: 17424.0
  • Lot Horse Y N2: No
  • Lot View Y N2: Yes
  • Foundation Details Slab: Yes
  • Sewer Public Sewer: 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
  • Appliances Dishwasher: Yes
  • View Mountain(s): Yes
  • Appliances Microwave: Yes
  • Lot Features Open Lot: Yes
  • View Desert: Yes
  • View Valley: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Appliances None2: Yes
  • Special Listing Conditions H U D Owned: Yes
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, None
  • Flooring: Ceramic Tile
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Primary Downstairs
  • Window Features: Double Pane Windows
  • Interior Living Area4: 996.0
  • Interior Fireplace Y N: No
  • Interior Features Primary Downstairs: Yes
  • Window Features Double Pane Windows: Yes
  • Primary Bedroom Features On Main Floor: Yes
  • Flooring Ceramic Tile: Yes
  • Laundry Features Cabinets2: Yes
  • Laundry Features Laundry Area: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Dining Room Features Kitchen Combination: Yes
  • Kitchen Features Built- In Microwave: Yes
  • Laundry Features In Bathroom: Yes
  • Living Room Features Dining Room Combination: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Pitched, Shingle
  • Stories: 1
  • View: Desert, Mountain(s), Valley
  • 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?: No
  • Has Carport?: No
  • Has Attached Garage?: No
  • Parking Features: None
  • Parking Information Garage Y N: No
  • Parking Information Carport Y N: No

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: Cabinets, In Bathroom, Laundry Area
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities Heating Y N3: No
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Water Source Public: Yes
  • Heating None14: Yes

Schools

  • Middle Or Junior School: Desert Skies

Lot Info

  • Parcel Number: 08580219
  • Fencing: None
  • Lot Size Sq Ft: 17424.0
  • Zoning: MDS

Tax Info

  • Tax Annual Amount: 1047.71

MLS Schools

  • Elementary School: Sun Valley
  • HighSchool: Hug

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2022
Closed on
Apr 10, 2023
Sold by
Oliva Maria G Padilla
Bought by
Esparza Juan Manuel Marti
Seller's Agent
Terry Rasner-Yacenda
Reno/Tahoe Realty Group, LLC
Buyer's Agent
Maria McCurdy
BHG Drakulich Realty
List Price
$255,000
Sold Price
$210,000
Premium/Discount to List
-$45,000
-17.65%
Views
414
Current Estimated Value
$318,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,783
Avg. Annual Appreciation
19.62%
Original Mortgage
$262,281
Outstanding Balance
$255,692
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$63,091

Purchase Details

Listed on
Nov 2, 2022
Closed on
Apr 5, 2023
Sold by
Secretary Housing And Urban Development
Bought by
Esparza Juan Manuel Marti
Seller's Agent
Terry Rasner-Yacenda
Reno/Tahoe Realty Group, LLC
Buyer's Agent
Maria McCurdy
BHG Drakulich Realty
List Price
$255,000
Sold Price
$210,000
Premium/Discount to List
-$45,000
-17.65%
Views
414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,281
Outstanding Balance
$255,692
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$63,091

Purchase Details

Closed on
Nov 2, 2021
Sold by
Phh Mortgage Corporation
Bought by
Secretary/Housing & Urban Dev

Purchase Details

Closed on
Nov 21, 2016
Sold by
The Secretary Of Hud
Bought by
Ocwen Loan Servicing Llc

Purchase Details

Closed on
Jun 16, 2016
Sold by
Ocwen Loan Servicing Llc
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Aug 26, 2008
Sold by
Lee Dawn
Bought by
Obrien Dan and Obrien Diana C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,189
Interest Rate
6.37%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 15, 2008
Sold by
Obrien Maria Delia C
Bought by
Obrien Dan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,189
Interest Rate
6.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 28, 2008
Sold by
Golden Richard
Bought by
Lee Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.09%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 16, 1995
Sold by
Waage Antoinette
Bought by
Golden Richard
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
Esparza Juan Manuel Marti -- Acme Title & Escrow Services
Esparza Juan Manuel Marti $210,000 Acme Title & Escrow Services
Secretary/Housing & Urban Dev -- Servicelink
Ocwen Loan Servicing Llc $67,650 None Available
The Secretary Of Hud -- Servicelink
Obrien Dan $130,000 First Centennial Reno
Obrien Dan -- First Centennial Reno
Lee Dawn $45,500 First Centennial Reno
Golden Richard $35,000 First Commercial Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Esparza Juan Manuel Marti $262,281
Previous Owner Obrien Dan $128,189
Previous Owner Lee Dawn $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2023 04/11/23 Sold $210,000 +8.4% $211 / Sq Ft
02/10/2023 02/10/23 Pending -- -- --
01/18/2023 01/18/23 Price Changed $193,800 -13.6% $195 / Sq Ft
01/06/2023 01/06/23 Price Changed $224,400 -12.0% $225 / Sq Ft
11/01/2022 11/01/22 For Sale $255,000 -- $256 / 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 $1,223 $63,625 $45,430 $18,195
2024 $1,223 $60,188 $41,580 $18,608
2023 $1,131 $59,476 $41,580 $17,896
2022 $1,048 $51,905 $36,768 $15,138
2021 $970 $47,348 $32,109 $15,239
2020 $911 $44,404 $28,952 $15,452
2019 $868 $44,113 $28,952 $15,161
2018 $828 $39,235 $24,255 $14,980
2017 $794 $34,015 $18,865 $15,150
2016 $775 $32,990 $17,325 $15,665
2015 $580 $30,308 $14,630 $15,678
2014 $749 $21,869 $11,550 $10,319
2013 -- $22,023 $6,160 $15,863
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 220015767

Northern Nevada Regional MLS

APN: 085-802-19