NOT LISTED FOR SALE

1027 Virbel Ln Reno, NV 89502

Smithridge Neighborhood

Estimated Value: $305,000 - $406,000

2 Beds
1 Bath
864 Sq Ft
$403/Sq Ft Est. Value

Last Sold February 12, 2024

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

Est. 5% increase in value since last sale

Current estimated payment $1,779/month

64 Days on Market

Highlights

  • Park or Greenbelt View
  • No HOA
  • Walk-In Closet
  • Separate Formal Living Room
  • Double Pane Windows
  • 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
  • Lot Features: Landscaped, Level, Sprinklers In Front
  • Lot Size Acres: 0.07
  • Road Frontage Type: Other
  • Has View?: Yes
  • Association Amenities: None
  • Has H O A?: No
  • Co List Office Mls Id: 2595-o
  • Co List Office Phone: 775-354-6062
  • Special Conditions: HUD Owned
  • Directions: Behind I-580 & Moana Lane
  • Has Fireplace?: No
  • Living Area: 864.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Smithridge
  • Tax Legal Middle Or Junior School2: Pine
  • Tax Legal High School: Damonte
  • Tax Legal Tax Annual Amount: 1000.0
  • Tax Legal Zoning4: mf30
  • Association Community Association Y N3: No
  • Building Stories5: 1
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 0.07
  • Lot Lot Size Square Feet2: 3049.2
  • Lot Horse Y N2: No
  • Lot View Y N2: Yes
  • Lot Features Landscaped: Yes
  • Foundation Details Crawl Space: Yes
  • Lot Features Level: Yes
  • Lot Features Sprinklers In Front: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Sprinklers Front: Yes
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dryer: Yes
  • Appliances Washer: Yes
  • Fencing Full2: Yes
  • Appliances Microwave: Yes
  • Water Heater Gas5: Yes
  • View Park Greenbelt: Yes
  • Appliances Electric Range: Yes
  • Appliances Electric Oven: Yes
  • Special Listing Conditions H U D Owned: Yes
  • Special Features: None
  • Stories: 1

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
  • Interior Living Area4: 864.0
  • Interior Fireplace Y N: No
  • Flooring Carpet: Yes
  • Window Features Double Pane Windows: Yes
  • Dining Room Features Separate Formal Room2: Yes
  • Flooring Ceramic Tile: Yes
  • Laundry Features Laundry Area: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes
  • Interior Features No Interior Steps: Yes

Exterior Features

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

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Has Attached Garage?: No
  • Parking Features: None
  • Parking Information Garage Y N: No
  • Parking Information Carport Y N: No

Utilities

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

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
$326,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,692
Avg. Annual Appreciation
6.28%
Original Mortgage
$299,653
Outstanding Balance
$293,470
Interest Rate
6.61%
Mortgage Type
FHA
Estimated Equity
$54,342

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
$293,470
Interest Rate
6.61%
Mortgage Type
FHA
Estimated Equity
$54,342

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
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 $213,560
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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
2026 $874 $53,423 $34,020 $19,403
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

    46 Total Sales

    Arturo Rangel
    Section Image
  • Maria Carral

    Buyer's Agent in 2024

    Maria Carral

    Fathom Realty

    (775) 379-0931

    1 in this area

    55 Total Sales

    Maria Carral
    Section Image

  • E

    Buyer Co-Listing Agent in 2024

    Eduardo Carral

    Fathom Realty

    (775) 335-7000

    1 in this area

    59 Total Sales

    Eduardo Carral
    Section Image
  • Marshall Carrasco

    Seller's Agent in 2018

    Marshall Carrasco

    Marshall Realty

    (775) 787-7400

    117 Total Sales

    Marshall Carrasco
    Section Image
  • Angelica Reyes

    Buyer Co-Listing Agent in 2018

    Angelica Reyes

    JMG Real Estate

    (775) 351-9265

    2 in this area

    117 Total Sales

    Angelica Reyes
    Section Image
See All Agents

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

Not Listed for Sale

Detached

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