$61,200
SOLD MAR 16, 2012

8980 Turbine Way Reno, NV 89506

3 Beds
1.5 Baths
1,400 Sq Ft
0.39 Acres

Recently Sold

$44 Per Sq Ft

10% Below List Price

69 Days on Market

Highlights

  • RV Access or Parking
  • 1 Fireplace
  • No HOA
  • Mountain View
  • Corner Lot
  • Laundry Room

About This Home

As of August 2023

HUD Home sold "AS IS" by elect bid only. Prop avail begin 1/28/12.Bids due @11:59pmCST daily til sold. FHA Case#331-118485 INSURED with escrow repair-repair amt=$1870. Prop avail for FHA 203K fin. For prop condtions, forms and avail., please visit . For additional forms, videos, step-by-step videos and free photo list, please visit . BLB Resources makes no warranty as to condition of property. Buyer to verify all info. EMD=$1000 Lead Based Paint, Prop is connected to septic system. Repairs:Repair water supply system due to failed pressure test. Replace missing drain lines. Roof has missing shingles and needs repair. Repair areas of defective paint. Listing broker 3% of purchase price. Selling broker up to 3% of purchase price. Selling agents-see assoc docs. Good family home located on corner lot close to transportation. Large yard with detached garage. Per HUD, addresss is 8980 Turnbine PRICE REDUCED

Last Agent to Sell the Property

Curry Jameson

JJM Corp. Listed on: 11/22/2011

Last Buyer's Agent

Tammy Kincannon

RE/MAX Gold License #S.47496

RE/MAX Gold

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $843

Year Built

  • Built in 1972

Lot Details

  • 0.39 Acre Lot
  • Back Yard Fenced
  • Landscaped
  • Corner Lot
  • Level Lot
  • Property is zoned mds

Parking

  • 2 Car Garage
  • RV Access or Parking

Home Design

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

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Family Room
  • Combination Kitchen and Dining Room
  • Mountain Views
  • Crawl Space
  • Disposal
  • Laundry Room

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

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

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • HUD Owned
  • REO, home is currently bank or lender owned
  • Home warranty included in the sale of the property
  • Assessor Parcel Number 55222623

Home Details

Home Type

Single Family

Est. Annual Taxes

$843

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1972
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Corner Lot, Landscaped, Level
  • Lot Size Acres: 0.39
  • Road Frontage Type: Other
  • Has View?: Yes
  • Association Amenities: None
  • Has H O A?: No
  • Co List Office Mls Id: 747-op
  • Co List Office Phone: 775-824-3666
  • Special Conditions: HUD Owned, Real Estate Owned
  • Directions: Lemmon Valley Dr to Surge to Turbine
  • Has Fireplace?: Yes
  • Living Area: 1400.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Lemmon Valley
  • Tax Legal Middle Or Junior School2: OBrien
  • Tax Legal High School: North Valleys
  • Tax Legal Tax Annual Amount: 843.0
  • Tax Legal Zoning4: mds
  • Association Community Association Y N3: No
  • Building Stories5: 1
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 0.39
  • Lot Lot Size Square Feet2: 16988.4
  • Lot Horse Y N2: No
  • Lot View Y N2: Yes
  • Fencing Back Yard: Yes
  • Lot Features Landscaped: Yes
  • Foundation Details Crawl Space: Yes
  • Lot Features Level: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Disposal: Yes
  • View Mountain(s): Yes
  • Water Heater Gas5: Yes
  • Sewer Septic Tank: Yes
  • Lot Features Corner Lot: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Listing Conditions H U D Owned: Yes
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Appliances: Disposal
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Primary Downstairs
  • Interior Bathrooms Half: 1
  • Interior Living Area4: 1400.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Interior Features Primary Downstairs: Yes
  • Living Room Features Family Room Combination: Yes
  • Interior Fireplaces Total2: 1.0
  • Primary Bedroom Features On Main Floor: Yes
  • Flooring Ceramic Tile: Yes
  • Laundry Features Laundry Area: Yes
  • Kitchen Features Disposal2: Yes
  • Dining Room Features Kitchen Combination: Yes

Exterior Features

  • Roof: Composition, Pitched, Shingle
  • Stories: 1
  • View: Mountain(s)
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space
  • Construction Materials Wood Siding: Yes
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Garage Spaces: 2.0
  • Has Attached Garage?: Yes
  • Parking Features: RV Access/Parking
  • Total Parking Spaces: 2.0
  • Parking Information Garage Y N: Yes
  • Parking Information Garage Spaces: 2.0
  • Parking Information Carport Y N: No
  • Parking Information Parking Total: 2.0
  • Parking Features R V Access Parking: Yes

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Water Source: Public
  • Laundry Features: Laundry Area
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • 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: 55222623
  • Fencing: Back Yard
  • Lot Size Sq Ft: 16988.4
  • Zoning: mds

Tax Info

  • Tax Annual Amount: 843.0

MLS Schools

  • Elementary School: Lemmon Valley
  • HighSchool: North Valleys

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2023
Closed on
Aug 28, 2023
Sold by
Burkett James and Burkett Jamie
Bought by
Gallegos Saul Montoya and Esparza-Reyes Juana
Seller's Agent
Brian Kincannon
RE/MAX Gold
Buyer's Agent
Juan Segura
Reno Real Estate
List Price
$424,999
Sold Price
$425,000
Premium/Discount to List
$1
0.0%
Views
6
Current Estimated Value
$437,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,473
Avg. Annual Appreciation
1.18%
Original Mortgage
$403,750
Outstanding Balance
$397,070
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$37,667

Purchase Details

Listed on
Nov 22, 2011
Closed on
Mar 6, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Burkett James and Burkett Jamie
Seller's Agent
Curry Jameson
JJM Corp.
Buyer's Agent
Tammy Kincannon
RE/MAX Gold
List Price
$68,000
Sold Price
$61,200
Premium/Discount to List
-$6,800
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.42%
Original Mortgage
$45,900
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2011
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jul 17, 2003
Sold by
Hampton Michael P and Hampton Theresa L
Bought by
Rankin James E and Rankin Tiffani Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,426
Interest Rate
5.18%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 9, 1999
Sold by
Murphy Edward L and Murphy Patricia
Bought by
Hampton Michael P and Hampton Theresa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,540
Interest Rate
6.9%
Mortgage Type
VA
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 Type Sale Price Title Company
Bargain Sale Deed $425,000 First American Title
Bargain Sale Deed $61,500 Western Title Company
Grant Deed -- Lsi Title Agency Inc
Trustee Deed $152,806 Lsi Title Agency Inc
Bargain Sale Deed $159,900 Founders Title Company Of Nv
Bargain Sale Deed $127,000 Founders Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $403,750 New Conventional
Previous Owner $45,900 New Conventional
Previous Owner $80,000 Stand Alone Second
Previous Owner $63,000 Credit Line Revolving
Previous Owner $21,000 Credit Line Revolving
Previous Owner $157,426 FHA
Previous Owner $129,540 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2023 08/28/23 Sold $425,000 0.0% $304 / Sq Ft
07/14/2023 07/14/23 Pending -- -- --
07/13/2023 07/13/23 For Sale $424,999 +594.4% $304 / Sq Ft
03/16/2012 03/16/12 Sold $61,200 -10.0% $44 / Sq Ft
01/30/2012 01/30/12 Pending -- -- --
11/22/2011 11/22/11 For Sale $68,000 -- $49 / 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 $953 $56,118 $33,145 $22,973
2024 $883 $50,606 $27,895 $22,712
2023 $657 $48,222 $27,279 $20,943
2022 $857 $41,444 $23,730 $17,714
2021 $833 $34,833 $16,485 $18,348
2020 $807 $36,581 $17,605 $18,976
2019 $784 $35,647 $16,660 $18,987
2018 $761 $30,299 $11,235 $19,064
2017 $739 $30,210 $10,605 $19,605
2016 $721 $28,735 $8,190 $20,545
2015 $713 $27,446 $6,615 $20,831
2014 $709 $24,635 $4,130 $20,505
2013 -- $20,751 $3,115 $17,636
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 110015560

Northern Nevada Regional MLS

APN: 552-226-23