540 Michael Dr, Fallon, NV, 89406
About This Home
Call your favorite Realtor today to make an appointment to see this great 3 bedroom, 2 bathroom starter home with an attached garage and sunroom for extra living space. The home needs some TLC but the location is close to shopping, schools, park and the downtown area! This home is part of an estate and is subject to court approval.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1988
Materials
- Foundation: Crawl Space,Full Perimeter
- Roof: Composition,Pitched
- Construction materials: Frame
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Electric Range,Refrigerator
- Laundry features: In Garage
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- Breakfast Bar,Cathedral Ceiling(s),Ceiling Fan(s),High Ceilings,Kitchen Island,No Interior Steps,Master Downstairs
- Window features: Double Pane Windows,Metal Frames
- Flooring: Carpet,Laminate,Tile,Vinyl
- Common walls with other units/homes: No Common Walls
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 1,567
- Total interior livable area: 1,567 sqft
Property
Details
- Parcel number: 00102623
- Zoning: R1-5K
- Special condition: Court Approval
Features
- Levels: One
- Stories: 1
- Exterior features: None
- Spa features: None
- Fencing: Back Yard
Lot
- Lot size: 6,534 sqft
- Features: Level,Sprinklers In Front
Parking
- Total spaces: 2
- Parking features: Additional Parking,Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Winter Weather
- Inland Flooding
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters Across Nevada Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,618 | $19,416 |
| Home Insurance | $90 | $1,080 |
| Property Taxes | $600 | $7,200 |
| Electricity | $192 | $2,306 |
| Total | $2,500 | $30,000 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-22 | Price change | $340,000 |
| 2026-03-09 | Listed for sale | $350,000 |
View on Zillow