NOT LISTED FOR SALE

0 Lightning West Ranch Rd Unit 180017871 Washoe City, NV 89704

Franktown Neighborhood

Estimated Value: $338,000 - $400,000

1 Acre
$369,000 Price per Acre
43,560 Sq Ft Lot

Last Sold March 17, 2021

Last sale price $220,000

Est. 68% increase in value since last sale

Current estimated payment $2,152/month

802 Days on Market

Highlights

  • On Golf Course
  • Marce Herz Middle School Rated A-
  • Level Lot

About This Lot

As of March 2021

There aren't many homesites like this left in Northern Nevada. Full Acre, Level, on the golf course at the base of the Sierras. Unbelievable views. Located within the gates at Franktown Estates, home to one of Northern Nevada's finest championship golf courses, Toiyabe Golf Club (formerly Thunder Canyon). This homesite is located along the 18th hole and is near the clubhouse, so you'll have some of the finest dining around, just down the street! One of several available homesites along the 18th fairway., This homesite is one of a handful of lots at Franktown Estates that have deeded right to connect to Toiyabe Golf Club's Sewer System (subject to monthly fees), avoiding the costly installation of an engineered, sand filter septic system which are prevalent in the neighborhood. Water is serviced by TMWA. Gas is serviced by Southwest Gas. Electricity is serviced by NV Energy. The golf course is owned separately from the Association and is semi-private. Memberships are available. Very active men's and women's clubs, excellent golf staff. Wonderful food and beverage options. This course offers a combination of links and Alpine golf experiences and is one of the finest golf courses in Northern Nevada. Seller has other homesites available. Please call for more information.

Last Agent to Sell the Property

John Wolf

Realty One Group Eminence License #S.74041 Listed on: 12/09/2018

Realty One Group Eminence

Last Buyer's Agent

Leslie Adams

CalNeva Realty License #S.174594

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $593

Lot Details

  • 1 Acre Lot
  • Property fronts a private road
  • On Golf Course
  • Level Lot
  • Corners Of The Lot Have Been Marked
  • Finished Lot(s)
  • Property is zoned MDR

HOA Fees

  • $100 Monthly HOA Fees

Property Views

  • Golf Course
  • Peek-A-Boo
  • Mountain

Schools

  • Pleasant Valley Elementary School
  • Depoali Middle School
  • Damonte High School

Utilities

  • Underground Utilities
  • Phone Available

Community Details

  • $150 HOA Transfer Fee
  • Mkj Company Association, Phone Number (775) 853-9056
  • The community has rules related to covenants, conditions, and restrictions, deed restrictions

Listing and Financial Details

  • Assessor Parcel Number 05539204

Property Details

Property Type

Land

Est. Annual Taxes

$593

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Land
  • Horses: No
  • Lot Features: Level, On Golf Course, Corners Marked, Curbs, Storm Drains
  • Lot Size Acres: 1.0
  • Road Frontage Type: Private Road, Other
  • Road Surface Type: Paved
  • Has View?: Yes
  • Association Fees: 300.0
  • Association Fee Frequency: Quarterly
  • Has H O A?: Yes
  • Co List Office Mls Id: 2310-o
  • Co List Office Phone: 775-683-3360
  • Directions: Old 395 to Franktown Estates/Toiyable Golf Club
  • Tax Legal Zoning4: MDR
  • Lot Features Level: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Water Rights Water Rights Y N: No
  • View Mountain(s): Yes
  • View Peek: Yes
  • View Golf Course2: Yes
  • Road Frontage Type Private Road: Yes
  • Association Details Management Company Name5: MKJ Company
  • Tax Legal Elementary School2: Pleasant Valley
  • Tax Legal High School2: Damonte
  • Lot Features On Golf Course: Yes
  • Tax Legal Tax Annual Amount3: 592.57
  • Association Details Management Company Phone5: 775-853-9056
  • Tax Legal Middleor Junior School3: Depoali
  • Association Community Association Y N: Yes
  • Lot Lot Size Acres: 1.0
  • Lot View Y N4: Yes
  • Lot Horse Y N4: No
  • Lot Features Corners Marked: Yes
  • Land Details Crops Included Y N: No
  • Land Details Deed Restrictions: Yes
  • Land Details Utility Easement Y N: Yes
  • Association Details Association Transfer Fee: 150.0
  • Lot Features Storm Drains: Yes
  • Development Status Finished Lot(s): Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Golf Course, Mountain(s), Peek

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Underground Utilities
  • Water Source: Public
  • Sewer: Public Sewer
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Water Source Public: Yes
  • Utilities Underground Utilities: Yes

Schools

  • Middle Or Junior School: Depoali

Lot Info

  • Parcel Number: 05539204
  • Fencing: None
  • Development Status: Finished Lot(s)
  • Lot Size Sq Ft: 43560.0
  • Crops Included: No
  • Zoning: MDR

Tax Info

  • Tax Annual Amount: 592.57

MLS Schools

  • Elementary School: Pleasant Valley
  • HighSchool: Damonte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2018
Closed on
Mar 12, 2021
Sold by
Franktown Investments Llc
Bought by
Najarian Thomas V and Najarian Andrea P
Seller's Agent
John Wolf
Realty One Group Eminence
Buyer's Agent
Leslie Adams
CalNeva Realty
List Price
$210,000
Sold Price
$220,000
Premium/Discount to List
$10,000
4.76%
Current Estimated Value
$369,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,000
Avg. Annual Appreciation
11.07%

Purchase Details

Closed on
Feb 12, 2015
Sold by
Vista Sierra Llc
Bought by
Franktown Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.57%
Mortgage Type
Unknown

Purchase Details

Closed on
May 4, 2012
Sold by
Wells Fargo Bank National Association
Bought by
Vista Sierra Llc

Purchase Details

Closed on
May 27, 2010
Sold by
Dgd Development Limited Partnership
Bought by
Wells Fargo Bank National Association
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 Buyer Sale Price Title Company
Najarian Thomas V $220,000 First Centennial Reno
Franktown Investments Llc $750,000 First American Title Reno
Vista Sierra Llc $588,000 First American Title Reno
Wells Fargo Bank National Association $1,450,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Franktown Investments Llc $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2021 03/17/21 Sold $220,000 0.0% --
02/18/2021 02/18/21 Pending -- -- --
12/23/2020 12/23/20 Price Changed $220,000 +4.8% --
06/19/2020 06/19/20 For Sale $210,000 -4.5% --
06/09/2020 06/09/20 Off Market $220,000 -- --
12/09/2018 12/09/18 For Sale $210,000 -- --
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 $1,233 $77,630 $76,475 $1,155
2024 $1,233 $71,027 $69,825 $1,202
2023 $1,142 $67,584 $66,500 $1,084
2022 $1,057 $55,752 $54,863 $890
2021 $979 $42,433 $41,563 $870
2020 $652 $20,833 $19,950 $883
2019 $621 $19,990 $19,119 $871
2018 $593 $19,227 $18,375 $852
2017 $569 $18,910 $18,375 $535
2016 $554 $25,032 $24,500 $532
2015 $553 $17,688 $17,150 $538
2014 $536 $16,542 $15,925 $617
2013 -- $16,142 $15,925 $217
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 180017871

Northern Nevada Regional MLS

APN: 055-392-04