NOT LISTED FOR SALE

557 Wedge Ln Fernley, NV 89408

Estimated Value: $460,000 - $481,000

3 Beds
3 Baths
2,203 Sq Ft
$214/Sq Ft Est. Value

About This Home

This home is located at 557 Wedge Ln, Fernley, NV 89408 and is currently estimated at $471,747, approximately $214 per square foot. 557 Wedge Ln is a home located in Lyon County with nearby schools including East Valley Elementary School, Fernley Intermediate School, and Fernley High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2008
Sold by
Us Bank National Association
Bought by
Garrett Jimmie Dale and Garrett Linda Kay
Current Estimated Value
$471,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Outstanding Balance
$80,440
Interest Rate
5.01%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$391,307

Purchase Details

Closed on
Oct 6, 2008
Sold by
Gumm Michon A
Bought by
Us Bank National Association and Cmlti 2007-Ar1

Purchase Details

Closed on
Jun 19, 2008
Sold by
Gumm Roy D
Bought by
Gumm Michon A

Purchase Details

Closed on
Aug 29, 2006
Sold by
Gumm Roy D
Bought by
Gumm Michon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2005
Sold by
Jkg Builders Incorporated
Bought by
Gumm Roy D and Gumm Michon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,610
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 3, 2005
Sold by
Forster Rudolph J and Forster Dorothy J
Bought by
Jkg Builders Incorporated
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Garrett Jimmie Dale $174,900 First American Title Reno
Us Bank National Association $197,000 Lsi Title Agency Inc
Gumm Michon A -- First Centennial Title Co Of
Gumm Michon A -- Founders Title Company Of Nv
Gumm Roy D $335,610 Title Service & Escrow Co
Jkg Builders Incorporated $70,000 Title Service & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garrett Jimmie Dale $129,000
Previous Owner Gumm Michon A $320,000
Previous Owner Gumm Roy D $335,610
Closed Jkg Builders Incorporated $0
Source: Public Records

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 $2,294 $129,044 $38,500 $90,544
2024 $2,637 $129,565 $38,500 $91,064
2023 $2,637 $123,904 $38,500 $85,404
2022 $2,476 $117,212 $38,500 $78,712
2021 $2,441 $109,993 $33,250 $76,743
2020 $2,377 $106,635 $33,250 $73,385
2019 $2,336 $93,602 $22,750 $70,852
2018 $2,283 $86,603 $17,500 $69,103
2017 $2,262 $81,318 $12,250 $69,068
2016 $2,060 $70,940 $4,670 $66,270
2015 $2,093 $59,066 $4,670 $54,396
2014 $2,044 $46,898 $4,670 $42,228
Source: Public Records

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