NOT LISTED FOR SALE

1027 Virbel Ln Reno, NV 89502

Smithridge Neighborhood

Estimated Value: $306,000 - $397,000

2 Beds
1 Bath
864 Sq Ft
$397/Sq Ft Est. Value

Last Sold February 12, 2024

Last sale price $310,000 $359 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,909/month

64 Days on Market

Highlights

  • Park or Greenbelt View
  • Separate Formal Living Room
  • Double Pane Windows
  • Damonte Ranch High School Rated A-
  • No HOA
  • 5-minute walk to Miguel Ribera Park

About This Home

As of February 2024

Cozy 2 bed 1 bath home with upgrades kitchen and bathroom remodel including a new A/C unit, furnace and boiler along with several cosmetic upgrades as well! Flat yard is a open canvas ready to be revitalized! Most affordable move in ready home on the market! Close to the Meadowood mall and Atlantis casino, Miguel Ribera Park as well as several renown Mexican eateries and stores like the "La Chiquita" meat shop!, Since the seller bought a few years ago he has made several upgrades! Cosmetic and systems. Newer A/C unit, Heater, and Boiler. Newer carpet and paint job, Quality bathroom and kitchen remodel! Bathroom features a blue tooth speaker in the fan. Try it! Home qualifies for a portfolio loan with NSB and will waive PMI for a primary homeowner! Call me for more details.

Last Agent to Sell the Property

Arturo Rangel

Epique Realty License #S.179896 Listed on: 11/03/2023

Last Buyer's Agent

Maria Carral

Fathom Realty License #S.182317

Fathom Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,000

Year Built

  • Built in 1984

Lot Details

  • 3,049 Sq Ft Lot
  • Property is Fully Fenced
  • Landscaped
  • Level Lot
  • Front Yard Sprinklers
  • Property is zoned mf30

Home Design

  • Pitched Roof
  • Stick Built Home

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Separate Formal Living Room
  • Park or Greenbelt Views
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • No Interior Steps
  • Level Entry For Accessibility

Schools

  • Smithridge Elementary School
  • Pine Middle School
  • Damonte High School

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Phone Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • HUD Owned
  • Home warranty included in the sale of the property
  • Assessor Parcel Number 02031236

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,000

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Year Built: 1984
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Road Frontage Type: Other
  • Co List Office Mls Id: 2595-o
  • Co List Office Phone: 775-354-6062
  • Directions: Behind I-580 & Moana Lane
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Oven, Electric Range, Microwave, Washer
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: No Interior Steps, Pantry, Walk-In Closet(s)
  • Window Features: Double Pane Windows

Exterior Features

  • Exterior Features: Entry Flat or Ramped Access, None
  • Roof: Pitched
  • Stories: 1
  • View: Park/Greenbelt
  • Foundation Details: Crawl Space

Garage/Parking

  • Parking Features: None

Utilities

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

Schools

  • Middle Or Junior School: Pine

Lot Info

  • Parcel Number: 02031236
  • Fencing: Full
  • Lot Size Sq Ft: 3049.2
  • Zoning: mf30

Tax Info

  • Tax Annual Amount: 1000.0

MLS Schools

  • Elementary School: Smithridge
  • HighSchool: Damonte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2023
Closed on
Feb 8, 2024
Sold by
Arias Edward
Bought by
Alvarado Bernardo
Seller's Agent
Arturo Rangel
Epique Realty
Buyer's Agent
Maria Carral
Fathom Realty
List Price
$319,900
Sold Price
$310,000
Premium/Discount to List
-$9,900
-3.09%
Views
220
Current Estimated Value
$342,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,797
Avg. Annual Appreciation
7.62%
Original Mortgage
$299,653
Outstanding Balance
$295,805
Interest Rate
6.61%
Mortgage Type
FHA
Estimated Equity
$46,992

Purchase Details

Listed on
Nov 3, 2023
Closed on
Feb 2, 2024
Sold by
Chavez-Rodriguez Ana Rosa
Bought by
Alvarado Bernardo
Seller's Agent
Arturo Rangel
Epique Realty
Buyer's Agent
Maria Carral
Fathom Realty
List Price
$319,900
Sold Price
$310,000
Premium/Discount to List
-$9,900
-3.09%
Views
220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,653
Outstanding Balance
$295,805
Interest Rate
6.61%
Mortgage Type
FHA
Estimated Equity
$46,992

Purchase Details

Listed on
Jun 11, 2018
Closed on
Aug 14, 2018
Sold by
Gardner Alicia
Bought by
Arias Edward
Seller's Agent
Marshall Carrasco
Marshall Realty
Buyer's Agent
Arturo Rangel
Epique Realty
List Price
$222,900
Sold Price
$217,500
Premium/Discount to List
-$5,400
-2.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.66%
Original Mortgage
$213,560
Interest Rate
5.5%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Alvarado Bernardo $310,000 Landmark Title
Alvarado Bernardo -- Landmark Title
Arias Edward $217,500 First Centennial Reno
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarado Bernardo $299,653
Previous Owner Arias Edward $7,137
Previous Owner Arias Edward $213,560
Previous Owner Arias Edwad $4,271
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2024 02/12/24 Sold $310,000 -1.6% $359 / Sq Ft
01/05/2024 01/05/24 Pending -- -- --
11/24/2023 11/24/23 Price Changed $315,000 -1.5% $365 / Sq Ft
11/02/2023 11/02/23 For Sale $319,900 +47.1% $370 / Sq Ft
08/14/2018 08/14/18 Sold $217,500 +1.2% $252 / Sq Ft
06/29/2018 06/29/18 Pending -- -- --
06/20/2018 06/20/18 Price Changed $214,900 -3.6% $249 / Sq Ft
06/11/2018 06/11/18 For Sale $222,900 -- $258 / 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 $1,084 $52,065 $31,973 $20,093
2024 $2,351 $50,271 $29,705 $20,567
2023 $694 $51,115 $31,374 $19,741
2022 $3,055 $40,690 $23,972 $16,718
2021 $862 $33,951 $17,105 $16,846
2020 $2,176 $33,426 $16,349 $17,077
2019 $771 $32,249 $15,561 $16,688
2018 $0 $24,823 $8,316 $16,507
Source: Public Records

Agents Affiliated with this Home

  • Arturo Rangel

    Seller's Agent in 2024

    Arturo Rangel

    Epique Realty

    (775) 219-2179

    4 in this area

    53 Total Sales

    Arturo Rangel
    Section Image
  • Maria Carral

    Buyer's Agent in 2024

    Maria Carral

    Fathom Realty

    (775) 379-0931

    1 in this area

    59 Total Sales

    Maria Carral
    Section Image

  • E

    Buyer Co-Listing Agent in 2024

    Eduardo Carral

    Fathom Realty

    (775) 335-7000

    1 in this area

    67 Total Sales

    Eduardo Carral
    Section Image
  • Marshall Carrasco

    Seller's Agent in 2018

    Marshall Carrasco

    Marshall Realty

    (775) 787-7400

    143 Total Sales

    Marshall Carrasco
    Section Image
  • Angelica Reyes

    Buyer Co-Listing Agent in 2018

    Angelica Reyes

    JMG Real Estate

    (775) 351-9265

    3 in this area

    127 Total Sales

    Angelica Reyes
    Section Image
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Map

Source: Northern Nevada Regional MLS

MLS Number: 230012750

Northern Nevada Regional MLS

APN: 020-312-36

Nevada Washoe County Reno 89502 Smithridge

1027 Virbel Ln, Reno, NV

This home is located at 1027 Virbel Ln, Reno, NV 89502 since 03 November 2023 and is currently estimated at $342,797, approximately $396 per square foot. This property was built in 1984. 1027 Virbel Ln is a home located in Washoe County with nearby schools including Smithridge Elementary School, Edward L Pine Middle School, and Damonte Ranch High School.

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Northern Nevada Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The content relating to real estate for sale on this web site comes in part from the Broker Reciprocity/ IDX program of the Northern Nevada Regional Multiple Listing Service°. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo and detailed information about those listings includes the name of the listing brokerage. Any use of the content other than by a search performed by a consumer looking to purchase or rent real estate is prohibited. © 2025 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved.

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