NOT LISTED FOR SALE

0 Timberline Ct Unit 160015051 Reno, NV 89511

Summit Sierra Neighborhood

Estimated Value: $1,468,000 - $2,407,000

2.4 Acres
$781,440 Price per Acre
104,544 Sq Ft Lot

Last Sold July 26, 2018

Last sale price $379,000

Est. 395% increase in value since last sale

Current estimated payment $10,852/month

635 Days on Market

Highlights

  • Views of Ski Resort
  • 2.4 Acre Lot
  • Property is near a creek
  • Ted Hunsburger Elementary School Rated A-
  • No HOA
  • Creek or Stream

About This Lot

As of July 2018

Build your dream home overlooking the valley and an open, unobstructed view of Mount Rose Ski Resort. Whites Creek and Thomas Creek Trailheads are just minutes from your property and the ski slopes, less than a 15 minute drive, 25 minutes to Lake Tahoe, 20 minutes to Reno Tahoe Airport & 25 minutes to downtown Reno. On municipal water source and sewer. Electricity less than 100' from property. Survey has been completed with topography map available.

Last Agent to Sell the Property

Denise Hallerbach

BHG Drakulich Realty License #B.1001182 Listed on: 10/05/2016

BHG Drakulich Realty

Last Buyer's Agent

Raymond Solorzano

RE/MAX Professionals-Reno License #S.63066

RE/MAX Professionals-Reno

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,148

Lot Details

  • 2.4 Acre Lot
  • Creek or Stream
  • Desert Landscape
  • Open Lot
  • Corners Of The Lot Have Been Marked
  • Gentle Sloping Lot
  • Property is zoned LDS

Property Views

  • Ski Resort
  • City
  • Mountain
  • Valley

Schools

  • Hunsberger Elementary School
  • Pine Middle School
  • Galena High School

Additional Features

  • Property is near a creek
  • No Utilities

Community Details

  • No Home Owners Association
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 04986012

Property Details

Property Type

Land

Est. Annual Taxes

$1,148

Lot Details

0

Listing Details

  • Property Type: Land
  • Horses: No
  • Lot Features: Gentle Sloping, Open Lot, Corners Marked, Desert
  • Lot Size Acres: 2.4
  • Road Frontage Type: Other, Public Access
  • Road Surface Type: Paved
  • Has View?: Yes
  • Has H O A?: No
  • Co List Office Mls Id: 646-o
  • Co List Office Phone: 775-685-8585
  • Directions: Mt. Rose Highway, Timberline, Timberline Court
  • Tax Legal Zoning4: LDS
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Water Rights Water Rights Y N: No
  • View Mountain(s): Yes
  • Lot Features Gentle Sloping: Yes
  • Lot Features Open Lot: Yes
  • View Valley: Yes
  • Lot Features Adjoins Creek Stream: Yes
  • Water Body Type Creek: Yes
  • Water Body Type Stream: Yes
  • View Skirt: Yes
  • Tax Legal Elementary School2: Hunsberger
  • Tax Legal High School2: Galena
  • Tax Legal Tax Annual Amount3: 1147.97
  • Tax Legal Middleor Junior School3: Pine
  • Association Community Association Y N: No
  • Lot Lot Size Acres: 2.4
  • 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: No
  • Land Details Utility Easement Y N: Yes
  • Lot Features Desert2: Yes
  • Development Status Raw Land: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: City, Mountain(s), Ski Resort, Valley

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available, None
  • Water Source: Public
  • Sewer: Public Sewer
  • Utilities Electricity Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Water Source Public: Yes
  • Utilities None27: Yes

Schools

  • Middle Or Junior School: Pine

Lot Info

  • Parcel Number: 04986012
  • Fencing: None
  • Development Status: Raw Land
  • Lot Size Sq Ft: 104544.0
  • Crops Included: No
  • Zoning: LDS

Tax Info

  • Tax Annual Amount: 1147.97

MLS Schools

  • Elementary School: Hunsberger
  • HighSchool: Galena

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2022
Sold by
Drake Stephen A and Drake Anne W
Bought by
Stephen A Drake And Anne W Nolin Living Trust
Current Estimated Value
$1,875,456

Purchase Details

Listed on
Oct 5, 2016
Closed on
Jul 20, 2018
Sold by
Lundeen Gregory A and Lundeen Kimberly L
Bought by
Drake Stephen A and Nolin Anne W
Seller's Agent
Denise Hallerbach
BHG Drakulich Realty
Buyer's Agent
Raymond Solorzano
RE/MAX Professionals-Reno
List Price
$350,000
Sold Price
$379,000
Premium/Discount to List
$29,000
8.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.75%

Purchase Details

Closed on
Feb 10, 2017
Sold by
Lundeen Gregg A and Lundeenlundeen Gregory A
Bought by
Lundeen Gregory A and Lundeen Kimberly L

Purchase Details

Closed on
Apr 21, 2016
Sold by
Bowering Lynn and Jackson Lynn
Bought by
Lundeen Gregg A and Lundeen Kimberly L

Purchase Details

Closed on
Aug 11, 2009
Sold by
Jackson Michael
Bought by
Bowering Lynn

Purchase Details

Closed on
Nov 15, 2007
Sold by
Bic Construction Ltd
Bought by
Jackson Michael L and Jackson Lynn
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
Stephen A Drake And Anne W Nolin Living Trust -- --
Drake Stephen A $379,000 Ticor Title
Lundeen Gregory A -- None Available
Lundeen Gregg A $295,000 Ticor Title Reno Lakeside
Bowering Lynn -- None Available
Jackson Michael L $500,000 Ticor Title Of Nevada Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2018 07/26/18 Sold $379,000 +8.3% --
07/02/2018 07/02/18 Pending -- -- --
06/15/2018 06/15/18 For Sale $350,000 0.0% --
04/22/2018 04/22/18 Pending -- -- --
03/09/2018 03/09/18 For Sale $350,000 -16.5% --
10/05/2016 10/05/16 For Sale $419,000 -- --
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 $10,902 $421,030 $128,800 $292,230
2024 $10,902 $306,194 $118,738 $187,457
2023 $7,290 $146,434 $110,688 $35,747
2022 $2,516 $128,342 $98,613 $29,730
2021 $1,437 $82,513 $82,513 $0
2020 $1,350 $82,513 $82,513 $0
2019 $1,286 $78,488 $78,488 $0
2018 $1,227 $64,313 $64,313 $0
2017 $1,177 $63,000 $63,000 $0
2016 $1,148 $40,950 $40,950 $0
2015 $1,145 $37,800 $37,800 $0
2014 $1,110 $34,650 $34,650 $0
2013 -- $33,250 $33,250 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 160015051

Northern Nevada Regional MLS

APN: 049-860-12