This is a beautiful home on 5+ acres. According to the Assessor there is 2221sqft on the main floor and 1514sqft in the walkout finished basement. It has a deck with an unbelievable view of the Mountains and the Valley. With 5 acres there is plenty of room for kids, toys, RV parking and pets. The zoning is RR1, there is a possibility of subdividing this property to 1 acre parcels. (please check further with the City of Fernley) The bonus room could be made into a forth bedroom.
Single-familyProperty Type
2006Year Built
5.45 acresLot Size
$174Est. Price/Sq.Ft.
3 car garageParking
Listed by Darcy Medeiros•DRE #S.62011• Seven Keys Realty
SLASHED $50,0000.. .NEED QUICK CASH SALE. Hillside corner culdesac parcel. Development potential on 5.45 ac. zoned med. density residential on rr1. Well on property but seller has no knowledge of nor assumes any responsibility for condition or potability. Great potential. , This parcel has zoning for 12,000 sq ft lots (when it has city water/sewer) or 1/2 ac. lots (when it has city water /private septic) or 1 acre zoning now( private well/private septic). Need to procur water rights.
Year
Property tax
Land + Additions
Assessment*
2025
$3,987 (+9.1%)
$17,500 + $120,200
$137,700
2024
$3,655 (+8.0%)
$17,500 + $120,826
$138,326
2023
$3,385 (+9.7%)
$17,500 + $113,509
$131,009
2022
$3,086 (+8.0%)
$17,500 + $100,993
$118,493
2021
$2,858 (+8.1%)
$17,500 + $98,377
$115,877
2020
$2,645 (+6.7%)
$17,500 + $97,598
$115,098
2019
$2,479 (+5.0%)
$17,500 + $94,205
$111,705
2018
$2,361 (+4.2%)
$17,500 + $91,782
$109,282
2017
$2,265 (+2.6%)
$17,500 + $91,685
$109,185
2016
$2,208 (+3.2%)
$8,930 + $93,502
$102,432
2014
$2,139
$8,930 + $77,788
$86,718
Tax history for 1975 Spring Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,987 (+9.1%)
$17,500 + $120,200
$137,700
2024
$3,655 (+8.0%)
$17,500 + $120,826
$138,326
2023
$3,385 (+9.7%)
$17,500 + $113,509
$131,009
2022
$3,086 (+8.0%)
$17,500 + $100,993
$118,493
2021
$2,858 (+8.1%)
$17,500 + $98,377
$115,877
2020
$2,645 (+6.7%)
$17,500 + $97,598
$115,098
2019
$2,479 (+5.0%)
$17,500 + $94,205
$111,705
2018
$2,361 (+4.2%)
$17,500 + $91,782
$109,282
2017
$2,265 (+2.6%)
$17,500 + $91,685
$109,185
2016
$2,208 (+3.2%)
$8,930 + $93,502
$102,432
2014
$2,139
$8,930 + $77,788
$86,718
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.