NOT LISTED FOR SALE

1025 University Terrace Reno, NV 89503

West University Neighborhood

Estimated Value: $521,000 - $589,807

2 Beds
2 Baths
2,276 Sq Ft
$244/Sq Ft Est. Value

Last Sold December 14, 2016

Last sale price $303,000 $133 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $3,144/month

131 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • No HOA
  • Reno High School Rated A
  • Separate Formal Living Room
  • Home Office

About This Home

As of December 2016

This beautiful Old-Northwest home is located in an extremely popular neighborhood within walking distance of UNR and near great shopping and restaurants. This home boasts 2276q ft of total living space with a fully finished basement that includes a recreational room, bonus office-den, storage space and a laundry room with a sink. Very unique master bath complete with a clawfoot tub, bidet, and steam shower. Huge windows in the kitchen as well as skylights in both kitchen and master., Second bedroom is a very spacious loft with plenty of natural light. Great backyard with mature landscaping and convenient xeriscaped front yard.

Last Agent to Sell the Property

Eric Schott

RE/MAX Gold License #S.172609 Listed on: 05/18/2016

RE/MAX Gold

Last Buyer's Agent

Tammy Kincannon

RE/MAX Gold License #S.47496

RE/MAX Gold

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,311

Year Built

  • Built in 1941

Lot Details

  • 7,841 Sq Ft Lot
  • Back and Front Yard Fenced
  • Landscaped
  • Level Lot
  • Property is zoned sf6

Parking

  • 1 Car Attached Garage
  • Tandem Parking

Home Design

  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,276 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Vinyl Clad Windows
  • Separate Formal Living Room
  • Combination Kitchen and Dining Room
  • Home Office
  • Mountain Views
  • Finished Basement
  • Crawl Space

Kitchen

  • Built-In Oven
  • Electric Oven
  • Electric Range
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Peavine Elementary School
  • Clayton Middle School
  • Reno High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available
  • Phone Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 00608315

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,311

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1941
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Landscaped, Level
  • Lot Size Acres: 0.18
  • Road Frontage Type: Other
  • Has View?: Yes
  • Association Amenities: None
  • Has H O A?: No
  • Co List Office Mls Id: 1514-o
  • Co List Office Phone: 775-787-3629
  • Directions: Keystone
  • Has Fireplace?: No
  • Living Area: 2276.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Peavine
  • Tax Legal Middle Or Junior School2: Clayton
  • Tax Legal High School: Reno
  • Tax Legal Tax Annual Amount: 1310.64
  • Tax Legal Zoning4: sf6
  • 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: 0.18
  • Lot Lot Size Square Feet2: 7840.8
  • Lot Horse Y N2: No
  • Lot View Y N2: Yes
  • Fencing Back Yard: Yes
  • Lot Features Landscaped: Yes
  • Foundation Details Crawl Space: Yes
  • Lot Features Level: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Disposal: Yes
  • Appliances Dryer: Yes
  • Appliances Washer: Yes
  • Outdoor Living Spaces Patio2: Yes
  • View Mountain(s): Yes
  • Water Heater Gas5: Yes
  • Fencing Front Yard: Yes
  • Other Rooms Office Den: Yes
  • Other Rooms Finished Basement: Yes
  • Appliances Electric Range: Yes
  • Appliances Electric Oven: Yes
  • Appliances Included As Personal Property Oven2: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dryer, Electric Oven, Electric Range, Oven, Refrigerator, Washer
  • Flooring: Carpet, Ceramic Tile, Wood
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Window Features: Double Pane Windows, Vinyl Frames
  • Interior Living Area4: 2276.0
  • Interior Fireplace Y N: No
  • Flooring Carpet: Yes
  • Window Features Double Pane Windows: Yes
  • Window Features Vinyl Frames: Yes
  • Living Room Features Separate Formal Room: Yes
  • Primary Bedroom Features Shower Stall: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Wood: Yes
  • Laundry Features Laundry Area: Yes
  • Kitchen Features Disposal2: Yes
  • Dining Room Features Kitchen Combination: Yes
  • Primary Bedroom Features Bathtub: Yes
  • Kitchen Features Built- In Single Oven: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Pitched, Shingle
  • Stories: 2
  • View: Mountain(s)
  • Construction Type: Vinyl Siding, Wood Siding
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Patio
  • Construction Materials Wood Siding: Yes
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes
  • Construction Materials Vinyl Siding: Yes

Garage/Parking

  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Garage Spaces: 1.0
  • Has Attached Garage?: Yes
  • Parking Features: Attached, Tandem
  • Total Parking Spaces: 1.0
  • Parking Information Garage Y N: Yes
  • Parking Information Garage Spaces: 1.0
  • Parking Information Carport Y N: No
  • Parking Information Parking Total: 1.0
  • Parking Features Attached: Yes
  • Parking Features Tandem: Yes

Utilities

  • Utilities: Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Water Meter Installed
  • Water Source: Public
  • Laundry Features: Laundry Area
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Heating Y N3: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Utilities Water Meter Installed: Yes
  • Utilities Internet Available: Yes
  • Heating Forced Air: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes

Schools

  • Middle Or Junior School: Clayton

Lot Info

  • Parcel Number: 00608315
  • Fencing: Back Yard, Front Yard
  • Lot Size Sq Ft: 7840.8
  • Zoning: sf6

Tax Info

  • Tax Annual Amount: 1310.64

MLS Schools

  • Elementary School: Peavine
  • HighSchool: Reno

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2024
Sold by
Lenton Richard Scott and Lenton Nanci C
Bought by
Lenton 2024 Family Trust and Lenton
Current Estimated Value
$556,202

Purchase Details

Listed on
May 18, 2016
Closed on
Nov 22, 2016
Sold by
Kennedy Sara M and Bynum Bradley C
Bought by
Lenton Richard Scott and Lenton Nanci C
Seller's Agent
Eric Schott
RE/MAX Gold
Buyer's Agent
Tammy Kincannon
RE/MAX Gold
List Price
$349,000
Sold Price
$303,000
Premium/Discount to List
-$46,000
-13.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.18%
Original Mortgage
$312,999
Interest Rate
3.54%
Mortgage Type
VA

Purchase Details

Closed on
May 30, 2008
Sold by
Hertling Viktoria
Bought by
Kennedy Sara M and Bynum Bradley C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,420
Interest Rate
5.87%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 17, 2000
Sold by
Manoukian Mott Shawn D and Manoukian Mott Jacqueline M
Bought by
Hertling Viktoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.3%

Purchase Details

Closed on
Mar 10, 1999
Sold by
Manoukian Jacqueline Marie
Bought by
Manoukian Mott Shawn D and Manoukian Mott Jacqueline M

Purchase Details

Closed on
Nov 27, 1996
Sold by
Manoukian Noel E and Maoukian Louise M
Bought by
Manoukian Jacqueline Marie

Purchase Details

Closed on
Jan 10, 1994
Sold by
Marek Tony and Marek Ann
Bought by
Manoukian Noel E and Manoukian Louise M
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
Lenton 2024 Family Trust -- None Listed On Document
Lenton Richard Scott $303,000 First Centennial Reno
Kennedy Sara M $285,000 Ticor Title Reno
Hertling Viktoria $125,000 Western Title Inc
Manoukian Mott Shawn D -- Western Title Company Inc
Manoukian Jacqueline Marie $43,000 --
Manoukian Noel E $38,500 Western Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lenton Richard S $100,000
Previous Owner Lenton Richard Scott $298,000
Previous Owner Lenton Richard Scott $312,999
Previous Owner Kennedy Sara M $216,214
Previous Owner Kennedy Sara M $231,420
Previous Owner Hertling Viktoria $150,000
Previous Owner Hertling Viktoria $30,084
Previous Owner Hertling Viktoria $141,300
Previous Owner Hertling Viktoria $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2016 12/14/16 Sold $303,000 -13.2% $133 / Sq Ft
09/26/2016 09/26/16 Pending -- -- --
05/18/2016 05/18/16 For Sale $349,000 -- $153 / 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 $1,180 $67,092 $41,545 $25,547
2024 $1,180 $66,341 $41,195 $25,146
2023 $1,148 $63,170 $40,005 $23,165
2022 $1,117 $50,377 $31,500 $18,877
2021 $1,027 $39,803 $21,490 $18,313
2020 $965 $39,041 $21,000 $18,041
2019 $919 $38,018 $21,000 $17,018
2018 $874 $31,239 $14,875 $16,364
2017 $837 $28,918 $12,705 $16,213
2016 $817 $28,734 $12,600 $16,134
2015 $818 $25,547 $9,450 $16,097
2014 $792 $23,182 $7,980 $15,202
2013 -- $20,600 $5,880 $14,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 160007136

Northern Nevada Regional MLS

APN: 006-083-15