NOT LISTED FOR SALE

8640 Channel Way Reno, NV 89506

Estimated Value: $322,000 - $371,000

3 Beds
1 Bath
912 Sq Ft
$381/Sq Ft Est. Value

Last Sold November 15, 2013

Last sale price $88,800 $97 Per Sq Ft

Est. 291% increase in value since last sale

Current estimated payment $1,992/month

3 Days on Market

Highlights

  • RV Access or Parking
  • No HOA
  • Double Pane Windows
  • Separate Formal Living Room
  • 1 Car Attached Garage
  • Views

About This Home

As of November 2013

Great Lemon Valley location, close to schools, shopping, etc. Nearly half-acre. Newer and upgraded features include roof, dual pane windows, hotwater heater, furnace, garage door, shed, dishwasher. Needs some TLC, but great potential.

Last Agent to Sell the Property

Patrick Higgins

Ferrari-Lund Real Estate Reno Listed on: 10/22/2013

Last Buyer's Agent

Jodi Shaw

Keller Williams Group One Inc. License #S.51050

Keller Williams Group One Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $422

Year Built

  • Built in 1970

Lot Details

  • 0.4 Acre Lot
  • Back Yard Fenced
  • Landscaped
  • Level Lot
  • Property is zoned MDS

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • RV Access or Parking

Home Design

  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 912 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Drapes & Rods
  • Separate Formal Living Room
  • Combination Kitchen and Dining Room
  • Carpet
  • Crawl Space
  • Dishwasher
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Patio
  • Storage Shed

Schools

  • Lemmon Valley Elementary School
  • Obrien Middle School
  • North Valleys High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic Tank
  • Phone Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 55222205

Home Details

Home Type

Single Family

Est. Annual Taxes

$422

Year Built

Built in 1970

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1970
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Road Frontage Type: Other
  • Co List Office Mls Id: 643-o
  • Co List Office Phone: 775-688-4000
  • Directions: Lemmon Dr./Hydraulic
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher
  • Flooring: Carpet
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Window Features: Double Pane Windows, Drapes

Exterior Features

  • Roof: Composition, Shingle
  • Stories: 1
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage Door Opener, RV Access/Parking

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Water Available
  • Water Source: Public
  • Laundry Features: In Kitchen, Laundry Area
  • Heating Yn: Yes
  • Sewer: Septic Tank

Schools

  • Middle Or Junior School: OBrien

Lot Info

  • Parcel Number: 55222205
  • Fencing: Back Yard
  • Lot Size Sq Ft: 17424.0
  • Zoning: MDS

Tax Info

  • Tax Annual Amount: 422.0

MLS Schools

  • Elementary School: Lemmon Valley
  • HighSchool: North Valleys

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2020
Sold by
Randolph Marion E and Randolph Michele A
Bought by
Randolph Marion E Gene and Randolph Michele A
Total Days on Market
3
Current Estimated Value
$347,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$107,933
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$239,301

Purchase Details

Closed on
Jul 7, 2016
Sold by
Randolph Marion E Gene and Randolph Michele A
Bought by
Randolph Marion E Gene and Randolph Michele A

Purchase Details

Listed on
Oct 22, 2013
Closed on
Nov 13, 2013
Sold by
Towle David Royce
Bought by
Randolph Marion E and Randolph Michele A
Seller's Agent
Patrick Higgins
Ferrari-Lund Real Estate Reno
Buyer's Agent
Jodi Shaw
Keller Williams Group One Inc.
List Price
$87,500
Sold Price
$88,800
Premium/Discount to List
$1,300
1.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.49%
Source: Public Records

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Range of Values:

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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
Randolph Marion E Gene -- First Centennial Title Reno
Randolph Marion E -- First Centennial Reno
Randolph Marion E Gene -- None Available
Randolph Marion E $89,000 Ticor Title Reno
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Randolph Marion E $120,000
Closed Randolph Marion E $89,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2013 11/15/13 Sold $88,800 +1.5% $97 / Sq Ft
10/25/2013 10/25/13 Pending -- -- --
10/22/2013 10/22/13 For Sale $87,500 -- $96 / 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 $628 $47,826 $33,145 $14,681
2024 $628 $42,386 $27,895 $14,491
2023 $582 $40,650 $27,279 $13,371
2022 $566 $34,640 $23,730 $10,910
2021 $524 $27,111 $16,485 $10,626
2020 $508 $28,015 $17,605 $10,410
2019 $495 $27,138 $16,660 $10,478
2018 $480 $21,855 $11,235 $10,620
2017 $466 $21,600 $10,605 $10,995
2016 $452 $19,714 $8,190 $11,524
2015 $448 $18,157 $6,615 $11,542
2014 $446 $15,547 $4,130 $11,417
2013 -- $13,027 $3,115 $9,912
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 130013436

Northern Nevada Regional MLS

APN: 552-222-05