Estimated Value: $802,000 - $957,000
4
Beds
3
Baths
3,150
Sq Ft
$275/Sq Ft
Est. Value
Highlights
- Horses Allowed On Property
- Two Primary Bedrooms
- Mountain View
- Solar Power System
- 55.48 Acre Lot
- Wood Flooring
About This Home
As of July 2022If you like Great Room concept living this is the home for you! You will be amazed by the size of this multiple purpose family area. This large 4 bedroom, 3 bathroom single story custom home well positioned on a gentle sloping 55 acre property in Palomino Valley. Fabulous mountain and valley views presented from every room through large oversized windows. Seasonal creek runs through the property attracting wild horses, antelope, deer. Solar Powered with fully automatic integrated backup diesel generator., The Great Room is anchored by a huge kitchen with ample counter space, center island and abundance of cabinets. Granite counter tops, 2 side by side ranges and ovens add to the functionality of this large open kitchen space. Oversized hallways and high ceilings throughout the home continue the spacious feel. In keeping with the rural setting and the need for durability, a mixture of slate, hardwood and granite flooring is used throughout the home. In addition to the 3150 square foot of single level living space this home boosts a 3276 square foot basement with perimeter drywall finishing ready for practical additions in the future. The attached 2350 square foot 4 car tandem garage and workshop will accommodate up to 8 vehicles. This environmentally efficient home includes insulated concrete form construction, vinyl siding, off grid solar power with fully automatic integrated backup diesel generator. All new batteries installed in 2019. 1000 gallon owned propane tank.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,269
Year Built
- Built in 2001
Lot Details
- 55.48 Acre Lot
- Back Yard Fenced
- Landscaped
- Level Lot
- Front Yard Sprinklers
- Manual Sprinklers System
- Property is zoned GRA
Parking
- 8 Car Attached Garage
- Insulated Garage
Property Views
- Mountain
- Valley
Home Design
- Pillar, Post or Pier Foundation
- Insulated Concrete Forms
- Foam Insulation
- Pitched Roof
- Shingle Roof
- Composition Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 3,150 Sq Ft Home
- 1-Story Property
- High Ceiling
- Ceiling Fan
- Free Standing Fireplace
- Gas Fireplace
- Double Pane Windows
- Low Emissivity Windows
- Vinyl Clad Windows
- Blinds
- Entrance Foyer
- Family Room with Fireplace
- Great Room
- Workshop
- Fire and Smoke Detector
- Unfinished Basement
Kitchen
- Gas Oven
- Gas Range
- Microwave
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Porcelain Tile
- Slate Flooring
Bedrooms and Bathrooms
- 4 Bedrooms
- Double Master Bedroom
- Walk-In Closet
- 3 Full Bathrooms
- Primary Bathroom includes a Walk-In Shower
Laundry
- Laundry Room
- Dryer
- Washer
- Sink Near Laundry
- Laundry Cabinets
- Shelves in Laundry Area
Eco-Friendly Details
- Air Purifier
- Solar Power System
Schools
- Spanish Springs Elementary School
- Shaw Middle School
- Spanish Springs High School
Utilities
- Forced Air Heating System
- Heating System Uses Propane
- Power Generator
- Private Water Source
- Well
- Tankless Water Heater
- Propane Water Heater
- Water Purifier
- Water Softener is Owned
- Septic Tank
- Internet Available
- Phone Available
Additional Features
- Separate Outdoor Workshop
- Horses Allowed On Property
Community Details
- No Home Owners Association
- The community has rules related to covenants, conditions, and restrictions
Listing and Financial Details
- Assessor Parcel Number 07718007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 25, 2022
Closed on
Jul 21, 2022
Sold by
Schoenheider Mary M and Schoenheider Frank W
Bought by
Cummins Family 2018 Trust
Seller's Agent
Phil Welch
eXp Realty
Buyer's Agent
Michael Wood
RE/MAX Professionals-Reno
List Price
$775,000
Sold Price
$725,000
Premium/Discount to List
-$50,000
-6.45%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,554
Avg. Annual Appreciation
6.32%
Original Mortgage
$679,750
Interest Rate
4.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 14, 2018
Sold by
Cummins Jason and Cummins Heather
Bought by
Cummins Family 2018 Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6.61%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 10, 2011
Closed on
Feb 21, 2012
Sold by
Dembenski Eugene A and Dembenski Jeanne E
Bought by
Schoenheider Mary M and Schoenheider Frank W
Seller's Agent
Phil Welch
eXp Realty
Buyer's Agent
Phil Welch
eXp Realty
List Price
$340,000
Sold Price
$310,000
Premium/Discount to List
-$30,000
-8.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.03%
Original Mortgage
$248,000
Interest Rate
3.83%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 3, 1999
Sold by
Schoenheider Frank and Schoenheider Mary
Bought by
Dembenski Eugene A and Dembernski Jeanne E
Purchase Details
Closed on
Jul 23, 1996
Sold by
Levy Lawrence and Levy Kathleen
Bought by
Schoenheider Frank and Schoenheider Mary
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
8.33%
Mortgage Type
Seller Take Back
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cummins Family 2018 Trust | $725,000 | Ticor Title | |
| Cummins Family 2018 Trust | -- | Stewart Title | |
| Schoenheider Mary M | $310,000 | Ticor Title Reno Main | |
| Dembenski Eugene A | $54,000 | Founders Title Co | |
| Schoenheider Frank | $50,000 | United Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cummins Family 2018 Trust | $300,000 | |
| Previous Owner | Cummins Family 2018 Trust | $679,750 | |
| Previous Owner | Cummins Family 2018 Trust | $1,100,000 | |
| Previous Owner | Schoenheider Mary M | $248,000 | |
| Previous Owner | Schoenheider Frank | $37,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2022 07/25/22 | Sold | $725,000 | -6.5% | $230 / Sq Ft |
| 06/12/2022 06/12/22 | Pending | -- | -- | -- |
| 05/25/2022 05/25/22 | For Sale | $775,000 | +150.0% | $246 / Sq Ft |
| 03/02/2012 03/02/12 | Sold | $310,000 | -8.8% | $98 / Sq Ft |
| 01/30/2012 01/30/12 | Pending | -- | -- | -- |
| 08/10/2011 08/10/11 | For Sale | $340,000 | -- | $108 / Sq Ft |
Source: Northern Nevada Regional MLS
Tax History Compared to Growth
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 | $5,425 | $174,851 | $47,250 | $127,601 |
| 2024 | $5,425 | $168,238 | $39,375 | $128,863 |
| 2023 | $5,023 | $156,911 | $34,871 | $122,040 |
| 2022 | $4,507 | $126,480 | $28,350 | $98,130 |
| 2021 | $4,269 | $124,199 | $26,775 | $97,424 |
| 2020 | $4,143 | $119,536 | $22,050 | $97,486 |
| 2019 | $4,022 | $112,689 | $18,900 | $93,789 |
| 2018 | $3,932 | $110,140 | $18,900 | $91,240 |
| 2017 | $3,820 | $107,014 | $14,805 | $92,209 |
| 2016 | $3,803 | $106,503 | $14,805 | $91,698 |
| 2015 | $3,817 | $108,347 | $14,805 | $93,542 |
| 2014 | $3,797 | $105,104 | $14,805 | $90,299 |
| 2013 | -- | $100,709 | $14,805 | $85,904 |
Source: Public Records
Agents Affiliated with this Home
-
Phil Welch
Seller's Agent in 2022
Phil Welch
eXp Realty
(775) 527-5339
26 Total Sales
-
Michael Wood
Buyer's Agent in 2022
Michael Wood
RE/MAX
(775) 250-2007
1,991 Total Sales
Map
Source: Northern Nevada Regional MLS
MLS Number: 220007327
APN: 077-180-07
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