NOT LISTED FOR SALE

8950 Rising Moon Dr Reno, NV 89506

Stead Neighborhood

Estimated Value: $529,000 - $566,000

4 Beds
2.5 Baths
2,642 Sq Ft
$205/Sq Ft Est. Value

Last Sold May 15, 2014

Last sale price $226,100 $86 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $3,174/month

130 Days on Market

Highlights

  • Mountain View
  • High Ceiling
  • Walk-In Closet
  • Separate Formal Living Room
  • 3 Car Attached Garage
  • Breakfast Bar

About This Home

As of May 2014

This very large property comes turn key with new carpet and paint throughout and also a brand new built in microwave. The floor plan is open and provides plenty of space for entertaining. The kitchen is very large and includes lots of cabinetry and an island. The master bedroom is stunning and includes a walk in closet. This is a Fannie Mae HomePath Property. Purchase this property for as little as 5% down! This property is approved for HomePath Mortgage Financing and HomePath Renovation Financing., The Buyers 10 day inspection period (Fannie Mae standard) starts once fully executed contracts are received. No offers can be submitted within the first 72 hours on MLS. All offers will be submitted after 72 hours, however, no Investor offers will be considered by Fannie Mae within the first 30 days on MLS (Visit HomePath.com to check status of the First Look Period). Please note that Fannie Mae strongly suggests no less than $1000 for earnest money deposit on financed offers and 10% earnest money deposit on cash offers. Buyer to verify ALL information regarding property, to include but not limited to tax and HOA information.

Last Agent to Sell the Property

Marshall Carrasco

Marshall Realty License #B.1000579 Listed on: 11/26/2013

Last Buyer's Agent

Liza Trificana

Ferrari-Lund Real Estate Reno License #S.167649

Ferrari-Lund Real Estate Reno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,911

Year Built

  • Built in 2004

Lot Details

  • 6,098 Sq Ft Lot
  • Back Yard Fenced
  • Landscaped
  • Property is zoned PUD

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

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

Interior Spaces

  • 2,642 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Separate Formal Living Room
  • Carpet
  • Mountain Views
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Primary Bathroom includes a Walk-In Shower
  • Garden Bath

Laundry

  • Laundry Room
  • Shelves in Laundry Area

Schools

  • Stead Elementary School
  • Obrien Middle School
  • North Valleys High School

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • $150 HOA Transfer Fee
  • Rmi Association, Phone Number (775) 329-3235
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Home warranty included in the sale of the property
  • Assessor Parcel Number 55051104

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,911

Year Built

Built in 2004

Lot Details

0

HOA Fees

$21 per month

Parking

3

Listing Details

  • Year Built: 2004
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Landscaped
  • Lot Size Acres: 0.14
  • Road Frontage Type: Other
  • Has View?: Yes
  • Association Amenities: Maintenance Grounds
  • Association Fees: 63.0
  • Association Fee Frequency: Quarterly
  • Has H O A?: Yes
  • Co List Office Mls Id: 1812-o
  • Co List Office Phone: 775-787-7400
  • Special Conditions: Real Estate Owned
  • Directions: Rising Sun
  • Has Fireplace?: No
  • Living Area: 2642.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Stead
  • Tax Legal Middle Or Junior School2: OBrien
  • Tax Legal High School: North Valleys
  • Tax Legal Tax Annual Amount: 1911.0
  • Tax Legal Zoning4: PUD
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 63.0
  • Building Stories5: 2
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 0.14
  • Lot Lot Size Square Feet2: 6098.4
  • Lot Horse Y N2: No
  • Association Details Transfer Fee: 150.0
  • Lot View Y N2: Yes
  • Fencing Back Yard: Yes
  • Lot Features Landscaped: Yes
  • Foundation Details Crawl Space: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Appliances Disposal: Yes
  • View Mountain(s): Yes
  • Appliances Microwave: Yes
  • Association Amenities Maintenance Grounds: Yes
  • Water Heater Gas5: Yes
  • Association Community Association Fee Frequency3: Quarterly
  • Association Details Management Company Name5: RMI
  • Association Details Management Company Phone5: 775-329-3235
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Breakfast Bar, Kitchen Island, Walk-In Closet(s)
  • Interior Bathrooms Half: 1
  • Interior Living Area4: 2642.0
  • Interior Fireplace Y N: No
  • Flooring Carpet: Yes
  • Interior Features Breakfast Bar: Yes
  • Living Room Features Separate Formal Room: Yes
  • Dining Room Features Separate Formal Room2: Yes
  • Family Room Features Separate Formal Room3: Yes
  • Kitchen Features Breakfast Bar2: Yes
  • Primary Bedroom Features Double Sinks: Yes
  • Primary Bedroom Features Shower Stall: Yes
  • Laundry Features Laundry Area: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Primary Bedroom Features High Ceilings6: Yes
  • Primary Bedroom Features Garden Tub: Yes
  • Laundry Features Shelves: Yes
  • Interior Features Kitchen Island: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Kitchen Features Built- In Microwave: Yes
  • Kitchen Features Kitchen Island2: Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Shingle
  • Stories: 2
  • View: Mountain(s)
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space
  • Construction Materials Wood Siding: Yes
  • Roof Composition: Yes
  • Roof Shingle: Yes

Garage/Parking

  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Garage Spaces: 3.0
  • Has Attached Garage?: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 3.0
  • Parking Information Garage Y N: Yes
  • Parking Information Garage Spaces: 3.0
  • Parking Information Carport Y N: No
  • Parking Information Parking Total: 3.0
  • Parking Features Attached: Yes

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Water Source: Public
  • Laundry Features: Laundry Area, Shelves
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Utilities Heating Y N3: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Water Available: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes

Schools

  • Middle Or Junior School: OBrien

Lot Info

  • Parcel Number: 55051104
  • Fencing: Back Yard
  • Lot Size Sq Ft: 6098.4
  • Zoning: PUD

Tax Info

  • Tax Annual Amount: 1911.0

MLS Schools

  • Elementary School: Stead
  • HighSchool: North Valleys

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2013
Closed on
Apr 15, 2014
Sold by
Fannie Mae
Bought by
Lopez Maria Elena and Dejesus Lopez Manuel
Seller's Agent
Marshall Carrasco
Marshall Realty
Buyer's Agent
Liza Trificana
Ferrari-Lund Real Estate Reno
List Price
$252,000
Sold Price
$226,100
Premium/Discount to List
-$25,900
-10.28%
Current Estimated Value
$542,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,642
Avg. Annual Appreciation
7.96%
Original Mortgage
$6,783
Outstanding Balance
$3,641
Interest Rate
4.38%
Mortgage Type
Unknown
Estimated Equity
$539,101

Purchase Details

Closed on
Aug 29, 2013
Sold by
Mendez Robert and Huang Jiu Y
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 23, 2004
Sold by
Barker Coleman Construction Llc
Bought by
Mendez Robert and Huang Jiu Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
5.95%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 8, 2003
Sold by
Barker Coleman Development Mountain Glen
Bought by
Barker Coleman Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,028,600
Interest Rate
6.3%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 29, 2003
Sold by
Sky Vista Associates
Bought by
Barker Coleman Development Mountain Glen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,028,600
Interest Rate
6.3%
Mortgage Type
Seller Take Back
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
Lopez Maria Elena $226,100 None Available
Federal National Mortgage Association $191,286 Lsi Title Agency Inc
Mendez Robert $234,000 Ticor Title Of Nevada Inc
Barker Coleman Construction Llc $1,818,600 Stewart Title Of Northern Nv
Barker Coleman Development Mountain Glen $1,818,600 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Maria Elena $6,783
Previous Owner Mendez Robert $187,000
Previous Owner Barker Coleman Construction Llc $2,028,600
Closed Barker Coleman Construction Llc $1,655,690
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2014 05/15/14 Sold $226,100 -10.3% $86 / Sq Ft
04/04/2014 04/04/14 Pending -- -- --
11/25/2013 11/25/13 For Sale $252,000 -- $95 / 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 $3,301 $122,647 $31,640 $91,007
2024 $3,301 $119,076 $27,545 $91,531
2023 $3,056 $116,312 $29,610 $86,702
2022 $2,831 $97,810 $25,760 $72,050
2021 $2,621 $92,327 $20,650 $71,677
2020 $2,464 $91,271 $19,530 $71,741
2019 $2,347 $88,384 $19,215 $69,169
2018 $2,240 $81,764 $14,105 $67,659
2017 $2,149 $80,782 $13,125 $67,657
2016 $2,094 $80,152 $11,165 $68,987
2015 $2,089 $78,794 $9,940 $68,854
2014 $2,026 $63,838 $8,190 $55,648
2013 -- $54,410 $6,090 $48,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 130014768

Northern Nevada Regional MLS

APN: 550-511-04