NOT LISTED FOR SALE

Estimated Value: $829,000 - $860,000

4 Beds
3 Baths
2,907 Sq Ft
$291/Sq Ft Est. Value

Last Sold June 25, 2012

Last sale price $260,000 $89 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $4,752/month

11 Days on Market

Highlights

  • Barn
  • RV Access or Parking
  • Mountain View
  • Horses Allowed On Property
  • 9.02 Acre Lot
  • 1 Fireplace

About This Home

As of June 2012

Purchase this property for as low as 3% down! This property is approved for HomePath Mortgage and HomePath Renovation Financing. Over-sized 2 story in east Spanish Springs on over 9 acres! Features include fully finished basement, full length covered patio at front of property, detached 3 car garage, storage shed & barn, 4 bedrooms & 3 bathrooms & so much more!, *** TENANT OCCUPIED ** BUYER WILL BE RESPONSIBLE TO PAY ANY OUTSTANDING ASSESSMENTS ON THIS PROPERTY THROUGH THE CLOSE OF ESCROW. ATTENTION AGENTS: PLEASE SEE PRIVATE REMARKS FOR OFFER SUBMISSION INFORMATION. YOU WILL BE REQUIRED TO UPLOAD THE REAL ESTATE PURCHASE ADDENDUM, O & A AND OWNER OCC CERT. WEBSITE MAY INDICATE OTHERWISE, BUT WE ASK YOU TO PLEASE ATTACH YOUR EMD COPY/LETTER OF LOAN APPROVAL &/OR PROOF OF FUNDS TO THE BACK OF YOUR O & A WHEN YOU UPLOAD. Seller will review all offers after 72 business hours. Per Fannie Mae First Look policy, investor offers will be reviewed on the 31st day of published listing. If the Seller has winterized this Property and Purchaser desires to have the Property inspected, listing agent will have the Property de-winterized prior to inspection and re-winterized after the inspection.

Last Agent to Sell the Property

Danielle Kirby

Berkshire Hathaway HomeService License #S.49073 Listed on: 04/19/2012

Berkshire Hathaway HomeService

Last Buyer's Agent

Janet Melendrez

Keller Williams Group One Inc. License #S.67956

Keller Williams Group One Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,925

Year Built

  • Built in 1988

Lot Details

  • 9.02 Acre Lot
  • Partially Fenced Property
  • Landscaped
  • Open Lot
  • Property is zoned GR

Parking

  • 3 Car Garage
  • RV Access or Parking

Property Views

  • Mountain
  • Desert
  • Valley

Home Design

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

Interior Spaces

  • 2,907 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Separate Formal Living Room
  • Home Office
  • Bonus Room
  • Dishwasher
  • Finished Basement

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry Cabinets

Outdoor Features

  • Patio
  • Storage Shed
  • Outbuilding

Schools

  • Spanish Springs Elementary School
  • Shaw Middle School
  • Spanish Springs High School

Utilities

  • Heating System Uses Propane
  • Propane
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Barn
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • 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 07639064
  • $21,191 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,925

Year Built

Built in 1988

Lot Details

0

Parking

3

Listing Details

  • Year Built: 1988
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: Yes
  • Lot Features: Landscaped, Open Lot
  • Lot Size Acres: 9.02
  • Road Frontage Type: Other
  • Has View?: Yes
  • Association Amenities: None
  • Has H O A?: No
  • Co List Office Mls Id: 2008-o
  • Co List Office Phone: 775-636-6767
  • Special Conditions: Real Estate Owned
  • Directions: Pyramid & La Posada
  • Has Fireplace?: Yes
  • Living Area: 2907.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Spanish Springs
  • Tax Legal Middle Or Junior School2: Shaw Middle School
  • Tax Legal High School: Spanish Springs
  • Tax Legal Tax Annual Amount: 1924.66
  • Tax Legal Zoning4: GR
  • Association Community Association Y N3: No
  • Building Stories5: 2
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 9.02
  • Lot Lot Size Square Feet2: 392911.2
  • Lot Horse Y N2: Yes
  • Lot View Y N2: Yes
  • Lot Features Landscaped: Yes
  • Foundation Details Slab: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Typeof Construction Site Stick- Built: Yes
  • Water Heater Electric5: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Other Structures Barn(s): Yes
  • Outdoor Living Spaces Patio2: Yes
  • Personal Property Included Storage Shed: Yes
  • View Mountain(s): Yes
  • Fencing Partial2: Yes
  • Sewer Septic Tank: Yes
  • Other Rooms Bonus Room2: Yes
  • Lot Features Open Lot: Yes
  • View Desert: Yes
  • View Valley: Yes
  • Other Rooms Office Den: Yes
  • Other Rooms Finished Basement: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Tax Legal Tax Other Annual Assessment Amount3: 21190.55
  • Special Features: RealEstateOwned
  • Stories: 2

Interior Features

  • Appliances: Dishwasher
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Interior Amenities: Ceiling Fan(s), Pantry
  • Window Features: Single Pane Windows
  • Interior Living Area4: 2907.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Living Room Features Separate Formal Room: Yes
  • Dining Room Features Separate Formal Room2: Yes
  • Interior Fireplaces Total2: 1.0
  • Laundry Features Cabinets2: Yes
  • Laundry Features Laundry Area: Yes
  • Laundry Features Laundry Room: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Flooring Laminate: Yes
  • Interior Features Ceiling Fan(s)2: Yes
  • Living Room Features Ceiling Fan(s)3: Yes

Exterior Features

  • Roof: Composition, Pitched, Shingle
  • Stories: 2
  • View: Desert, Mountain(s), Valley
  • Construction Type: Wood Siding
  • Foundation Details: Slab
  • Other Structures: Barn(s), Outbuilding
  • Patio And Porch Features: Patio
  • Construction Materials Wood Siding: Yes
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes
  • Other Structures Outbuilding: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Garage Spaces: 3.0
  • Has Attached Garage?: Yes
  • Parking Features: RV Access/Parking
  • 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 R V Access Parking: Yes

Utilities

  • Utilities: Electricity Available, Water Available, Propane
  • Water Source: Private, Well
  • Laundry Features: Cabinets, Laundry Area, Laundry Room
  • Heating: Propane
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities Heating Y N3: Yes
  • Utilities Electricity Available: Yes
  • Utilities Water Available: Yes
  • Utilities Propane4: Yes
  • Heating Propane2: Yes
  • Water Source Private6: Yes
  • Water Source Well: Yes

Schools

  • Middle Or Junior School: Shaw Middle School

Lot Info

  • Parcel Number: 07639064
  • Fencing: Partial
  • Lot Size Sq Ft: 392911.2
  • Zoning: GR

Tax Info

  • Tax Annual Amount: 1924.66

MLS Schools

  • Elementary School: Spanish Springs
  • HighSchool: Spanish Springs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2024
Sold by
Luthy Jennifer D
Bought by
Jennifer Luthy Family Trust and Luthy
Current Estimated Value
$846,311

Purchase Details

Closed on
Dec 28, 2017
Sold by
Luthy Derek C
Bought by
Luthy Jennifer D

Purchase Details

Listed on
Apr 19, 2012
Closed on
Jun 11, 2012
Sold by
Federal National Mortgage Association
Bought by
Luthy Derek C and Luthy Jennifer D
Seller's Agent
Danielle Kirby
Berkshire Hathaway HomeService
Buyer's Agent
Janet Melendrez
Keller Williams Group One Inc.
List Price
$244,900
Sold Price
$260,000
Premium/Discount to List
$15,100
6.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.28%
Original Mortgage
$208,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2011
Sold by
Scharfe Stephen T
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 2, 1999
Sold by
Clowers Cynthia Slagle
Bought by
Scharfe Stephen T and Scharfe Glena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
7.47%
Source: Public Records

Range of Values:

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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
Jennifer Luthy Family Trust -- None Listed On Document
Luthy Jennifer D -- None Available
Luthy Derek C $260,000 Servicelink Reo Title
Federal National Mortgage Association $375,432 Northern Nevada Title Cc
Scharfe Stephen T $240,000 First Centennial Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Luthy Derek C $208,000
Previous Owner Scharfe Stephen T $216,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2012 06/25/12 Sold $260,000 +6.2% $89 / Sq Ft
04/30/2012 04/30/12 Pending -- -- --
04/19/2012 04/19/12 For Sale $244,900 -- $84 / 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 $2,978 $126,187 $63,000 $63,187
2024 $2,978 $122,617 $57,750 $64,867
2023 $2,104 $119,206 $57,750 $61,456
2022 $2,807 $98,543 $46,550 $51,993
2021 $2,600 $96,904 $44,888 $52,016
2020 $2,444 $85,356 $33,250 $52,106
2019 $2,327 $83,232 $31,920 $51,312
2018 $2,221 $75,648 $24,938 $50,710
2017 $2,132 $71,232 $19,950 $51,282
2016 $2,077 $68,703 $16,625 $52,078
2015 $2,073 $69,060 $16,625 $52,435
2014 $2,009 $67,705 $16,625 $51,080
2013 -- $62,245 $16,625 $45,620
Source: Public Records

Agents Affiliated with this Home

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Source: Northern Nevada Regional MLS

MLS Number: 120004674

Northern Nevada Regional MLS

APN: 076-391-63