NOT LISTED FOR SALE

561 Timothy Way Fallon, NV 89406

8 Beds
4 Baths
3,456 Sq Ft
0.28 Acres

Last Sold December 30, 2021

Last sale price $585,000 $169 Per Sq Ft

4 Days on Market

Highlights

  • Double Pane Windows
  • Landscaped
  • Wood Siding
  • Refrigerated and Evaporative Cooling System
  • Forced Air Heating System
  • Carpet

About This Home

As of December 2021

Great 4plex with 2 bedroom, 1 bath units that include washers and dryers. 100% occupancy rate located minutes from NAS Fallon and close proximity to the USA Parkway. Tenant pays electric gas, and $75 monthly for water and sewer. New roof in 2015.

Last Agent to Sell the Property

Kori Brown

Wallace Realty License #BS.146771 Listed on: 11/02/2021

Last Buyer's Agent

Jalon Woodard

Keller Williams Group One Inc. License #S.174946

Keller Williams Group One Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,749

Year Built

  • Built in 1988

Lot Details

  • 0.28 Acre Lot
  • Back Yard Fenced
  • Landscaped
  • Front Yard Sprinklers

Home Design

  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,456 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Blinds
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • Common or Shared Parking

Utilities

  • Refrigerated and Evaporative Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Individual Gas Meter
  • Gas Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 00103306

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,749

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Year Built: 1988
  • Property Type: Residential Income
  • Lot Features: Landscaped, Sprinklers In Front, Other
  • Lot Size Acres: 0.28
  • Road Frontage Type: Public
  • Security Features: Smoke Detector(s)
  • Co List Office Mls Id: 627500169-o
  • Co List Office Phone: 775-423-2131
  • Directions: Keddie St
  • Has Cooling?: Yes
  • Tax Legal Zoning4: RC
  • Building Stories5: 2
  • Cooling Evaporative Cooling: Yes
  • Fencing Back Yard: Yes
  • Lot Features Landscaped: Yes
  • Foundation Details Slab: Yes
  • Lot Features Sprinklers In Front: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Appliances Dishwasher: Yes
  • Appliances Dryer: Yes
  • Appliances Washer: Yes
  • Security Features Smoke Detector(s): Yes
  • Water Heater Gas5: Yes
  • Construction Materials Frame: Yes
  • Lot Lot Size Acres4: 0.28
  • Lot Lot Size Square Feet4: 12196.8
  • Appliances Oven: Yes
  • Appliances Gas Range: Yes
  • Tax Legal Tax Annual Amount3: 1749.28
  • Contract Rent Control Y N: No
  • Association Community Number Of Buildings2: 1.0
  • Building Number Of Units Total5: 4.0
  • Special Information Onsite Management Y N: No
  • Meter Information Separate Meters Y N: Yes
  • Meter Information Separate Electric Meters Y N: Yes
  • Meter Information Separate Gas Meters Y N: Yes
  • Meter Information Separate Water Meters Y N: No
  • Meter Information Separate Water Heaters Y N: Yes
  • Meter Information One Primary Electric Meter Y N: No
  • Meter Information One Primary Gas Meter Y N: No
  • Meter Information One Primary Water Meter Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Oven, Dishwasher, Dryer, Gas Range, Refrigerator, Washer
  • Flooring: Carpet, Vinyl
  • Number Of Buildings: 1
  • Window Features: Blinds, Double Pane Windows
  • Flooring Carpet: Yes
  • Window Features Double Pane Windows: Yes
  • Window Features Blinds: Yes
  • Flooring Vinyl: Yes
  • Interior Building Area Total3: 3456.0
  • Laundry Features In Unit: Yes

Exterior Features

  • Roof: Composition, Shingle
  • Stories: 2
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Slab
  • Construction Materials Wood Siding: Yes
  • Roof Composition: Yes
  • Roof Shingle: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: Common
  • Total Parking Spaces: 6.0
  • Parking Information Parking Total4: 6.0
  • Parking Features Common: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cellular Coverage
  • Water Source: Public
  • Laundry Features: In Unit
  • Cooling: Evaporative Cooling
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • 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 Internet Available: Yes
  • Heating Forced Air: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes
  • Utilities Heating Y N5: Yes
  • Utilities Cooling Y N5: Yes

Lot Info

  • Parcel Number: 00103306
  • Fencing: Back Yard
  • Lot Size Sq Ft: 12196.8
  • Zoning: RC

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1749.28
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2021 12/30/21 Sold $585,000 +1.0% $169 / Sq Ft
11/05/2021 11/05/21 Pending -- -- --
11/01/2021 11/01/21 For Sale $579,000 -- $168 / 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 $2,294 $80,773 $22,400 $58,373
2024 $2,294 $83,504 $22,400 $61,104
2023 $2,294 $76,687 $22,400 $54,287
2022 $1,964 $60,391 $11,200 $49,191
2021 $1,817 $60,079 $11,200 $48,879
2020 $1,749 $61,047 $11,200 $49,847
2019 $1,689 $60,378 $11,200 $49,178
2018 $1,640 $59,432 $11,200 $48,232
2017 $1,574 $59,452 $11,200 $48,252
2016 $1,535 $46,087 $11,200 $34,887
2015 $1,503 $41,526 $11,200 $30,326
2014 $1,463 $38,037 $11,200 $26,837
Source: Public Records

Agents Affiliated with this Home

  • Kori Brown

    Seller's Agent in 2021

    Kori Brown

    Wallace Realty

    (775) 423-2131

    15 in this area

    27 Total Sales

    Kori Brown
    Section Image
  • Jalon Woodard

    Buyer's Agent in 2021

    Jalon Woodard

    Keller Williams Group One Inc.

    (775) 501-2185

    6 in this area

    128 Total Sales

    Jalon Woodard
    Section Image
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Map

Source: Northern Nevada Regional MLS

MLS Number: 210016379

Northern Nevada Regional MLS

APN: 001-033-06

Nevada Churchill County Fallon 89406

561 Timothy Way, Fallon, NV

Not Listed for Sale

MultiFamily

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