NOT LISTED FOR SALE

Estimated Value: $378,791 - $536,000

7 Beds
3 Baths
2,477 Sq Ft
$188/Sq Ft Est. Value

Last Sold October 05, 2018

Last sale price $336,700 $136 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,815/month

6 Days on Market

About This Home

As of October 2018

2 houses on 1 APN. Garages have been converted into bedrooms. The front house is 4/2 and 1532sf. The back house is 3/1 and 945sf. Both units have brand new flooring, cabinets, counters, and fresh paint in addition to other repairs and finishes., Sold prior to listing on MLS. Back unit hasn't been rented in some time. Front unit was recently rented for $1200, which is not indicative of current market. Amazing CAP rate calculated with current market rents!

Last Listed By

Jim Elliott

RE/MAX Professionals-Reno License #S.59872 Listed on: 09/11/2018

RE/MAX Professionals-Reno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,704

Year Built

  • Built in 1960

Lot Details

  • 9,148

Home Design

  • Pitched Roof

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet

Schools

  • Mitchell Elementary School
  • Sparks High School

Listing and Financial Details

  • Assessor Parcel Number 03123237

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,704

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, None
  • Flooring: Carpet

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Pitched, Shingle
  • Stories: 1

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available, Water Meter Installed
  • Water Source: Public

Lot Info

  • Parcel Number: 03123237
  • Fencing: Back Yard

MLS Schools

  • Elementary School: Mitchell
  • HighSchool: Sparks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2018
Closed on
Oct 4, 2018
Sold by
We Buy Houses Llc
Bought by
Durkin Robert and Durkin Shannon
Seller's Agent
Jim Elliott
RE/MAX Professionals-Reno
Buyer's Agent
Kathy Courtney
LPT Realty, LLC
List Price
$349,900
Sold Price
$336,700
Premium/Discount to List
-$13,200
-3.77%
Total Days on Market
6
Current Estimated Value
$464,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,248
Avg. Annual Appreciation
5.00%
Original Mortgage
$252,525
Outstanding Balance
$222,460
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$242,488

Purchase Details

Closed on
Mar 8, 2018
Sold by
Skibinski Marilyn and Jolner Dennis
Bought by
We Buy Houses Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
4.32%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 5, 1999
Sold by
Mayer Merle Sue and Smith Merle Sue
Bought by
Mayer David R and Mayer Merle Sue

Purchase Details

Closed on
Jul 31, 1998
Sold by
Smith Merle Sue
Bought by
Smith Merle Sue and The Merle Sue Smith Trust

Purchase Details

Closed on
Nov 9, 1994
Sold by
Joiner Betty M
Bought by
Joiner Betty M and Betty M Joiner Revocable Trust

Purchase Details

Closed on
Mar 17, 1994
Sold by
Edmond Kenneth D and Szymczyk Barbara
Bought by
Edmond Kenneth D and Szymczyk Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
7%

Range of Values:

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Average Value
Not Available
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
Durkin Robert $336,700 Toiyabe Title
We Buy Houses Llc $240,000 Reliant Title
Mayer David R -- --
Smith Merle Sue -- Western Title Company Inc
Joiner Betty M -- --
Edmond Kenneth D -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Durkin Robert $252,525
Previous Owner We Buy Houses Llc $0
Previous Owner We Buy Houses Llc $232,000
Previous Owner Edmond Kenneth D $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2018 10/05/18 Sold $336,700 -3.8% $136 / Sq Ft
09/17/2018 09/17/18 Pending -- -- --
09/11/2018 09/11/18 For Sale $349,900 -- $141 / 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 $2,704 $71,638 $41,720 $29,918
2024 $2,704 $67,915 $38,710 $29,205
2023 $1,367 $66,313 $39,305 $27,008
2022 $1,266 $54,998 $32,865 $22,133
2021 $1,173 $46,498 $25,375 $21,123
2020 $1,103 $47,322 $26,250 $21,072
2019 $1,053 $42,427 $22,470 $19,957
2018 $1,000 $34,267 $15,190 $19,077
2017 $970 $33,163 $14,000 $19,163
2016 $945 $30,471 $11,200 $19,271
2015 $942 $26,958 $8,050 $18,908
2014 $911 $25,247 $7,000 $18,247
2013 -- $24,185 $6,160 $18,025
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 180014036

Northern Nevada Regional MLS

APN: 031-232-37