NOT LISTED FOR SALE

Estimated Value: $2,009,000 - $2,956,000

1.03 Acres
$2,368,513 Price per Acre
44,867 Sq Ft Lot

Sale Details

Date Sold: April 1, 2022

Last sale price $550,000

Est. 344% increase in value since last sale

Current estimated payment $14,404 / mo

68 Days on Market

Highlights

  • 1.03 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Ted Hunsburger Elementary School Rated A-

About This Lot

As of April 2022

Arrowcreek Exclusive with breathtaking views of Mt. Rose, the city lights, valley, and golf course. Approved Plans and building permits are included for this exceptionally designed residence. 4 Bedrooms, 3.5 Bathrooms, and a 4 Car Garage. An exciting opportunity to begin construction and create the home of your dreams NOW! This premium, flat, 1.03 acre lot, is located on a quiet cul-de-sac, and a short stroll to the clubhouse., The beautiful guard gated community of Arrowcreek offers a Residents' center, open seven days a week. Amenities include three swimming pools, a year-round hot tub, fitness center, tennis, pickleball, basketball, and bocce courts, play grounds, BBQ and picnic area, extensive walking trails, dedicated open space, and so much more. Located just minutes from world-renowned Lake Tahoe and offering year-round recreation - explore the mountains by hiking a trail, mountain biking, skiing, or enjoy unlimited water activities. Whatever your preference, there are many ways to enjoy the outdoors in and around Arrowcreek. There are many family-friendly activities, museums, a thriving arts and culture scene in and around historic downtown Reno, gaming, and unlimited shopping and dining for every palette. Reno is rich in educational opportunities from pre-school to higher education. UNR — recognized as one of the top research universities in the nation is within approximately 14 miles. Completing the appeal of this exceptional offering is the perk of Nevada's tax-friendly environment.

Last Agent to Sell the Property

Jean Merkelbach

Engel & Volkers Lake Tahoe License #B.12934 Listed on: 12/30/2021

Engel & Volkers Lake Tahoe

Last Buyer's Agent

Charlene Sandoval

RE/MAX Professionals-Reno License #S.194494

RE/MAX Professionals-Reno

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,043

Lot Details

  • 1.03 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Corners Of The Lot Have Been Marked

HOA Fees

  • $276 Monthly HOA Fees

Schools

  • Hunsberger Elementary School
  • Marce Herz Middle School
  • Galena High School

Community Details

  • $250 HOA Transfer Fee
  • Assoc. Sierra North Association, Phone Number (775) 626-7333
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 15205203

Property Details

Property Type

Land

Est. Annual Taxes

$1,043

Lot Details

1.03 Acres

HOA Fees

$276 per month

Listing Details

  • Property Type: Land
  • Horses: No
  • Lot Features: Cul-De-Sac, Level, Corners Marked, Curbs
  • Lot Size Acres: 1.03
  • Road Frontage Type: Other, Public Access
  • Road Surface Type: Paved
  • Association Fees: 276.0
  • Association Fee Frequency: Monthly
  • Has H O A?: Yes
  • Co List Office Mls Id: 1474-o
  • Co List Office Phone: 775-588-7710
  • Directions: Arrowcreek Parkway
  • Tax Legal Zoning4: Residential
  • Lot Features Cul- De- Sac: Yes
  • Lot Features Level: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Water Rights Water Rights Y N: No
  • Association Details Management Company Name5: Assoc. Sierra North
  • Tax Legal Elementary School2: Hunsberger
  • Tax Legal High School2: Galena
  • Tax Legal Tax Annual Amount3: 1043.38
  • Association Details Management Company Phone5: 775-626-7333
  • Tax Legal Middleor Junior School3: Marce Herz
  • Association Community Association Y N: Yes
  • Lot Lot Size Acres: 1.03
  • Lot Horse Y N4: No
  • Lot Features Corners Marked: Yes
  • Land Details Crops Included Y N: No
  • Land Details Deed Restrictions: Unknown
  • Land Details Utility Easement Y N: Yes
  • Association Details Association Transfer Fee: 250.0
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

Schools

  • Middle Or Junior School: Marce Herz

Lot Info

  • Parcel Number: 15205203
  • Fencing: None
  • Lot Size Sq Ft: 44866.8
  • Crops Included: No
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 1043.38

MLS Schools

  • Elementary School: Hunsberger
  • HighSchool: Galena

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2021
Closed on
Mar 30, 2022
Sold by
John Elder
Bought by
Amos Sara and Amos John
Seller's Agent
Jean Merkelbach
Engel & Volkers Lake Tahoe
Buyer's Agent
Charlene Sandoval
RE/MAX Professionals-Reno
List Price
$695,000
Sold Price
$550,000
Premium/Discount to List
-$145,000
-20.86%
Current Estimated Value
$2,439,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,889,568
Avg. Annual Appreciation
44.07%

Purchase Details

Closed on
Apr 27, 2021
Sold by
Elder Breianna
Bought by
Elder John

Purchase Details

Closed on
Apr 23, 2021
Sold by
Stieber Stefania
Bought by
Stieber Jeffrey

Purchase Details

Closed on
Apr 21, 2021
Sold by
Kaur Amanjot and Estate Of Gurpreet Chahal
Bought by
Elder John and Stieber Jefrrey

Purchase Details

Closed on
Nov 21, 2018
Sold by
Brombacher Monica
Bought by
Chahal Gurpreet

Purchase Details

Closed on
Nov 14, 2018
Sold by
Kaur Amanjot
Bought by
Chahal Gurpreet

Purchase Details

Listed on
May 8, 2015
Closed on
Nov 18, 2015
Sold by
Brown Reid Shawn Ronald and Brown Reid Jill
Bought by
Brombacher Monica
Seller's Agent
Kevin Reid
Capurro & Reid Real Estate,LLC
Buyer's Agent
Magda Martinez
HomeGate Realty of Reno
List Price
$249,900
Sold Price
$225,000
Premium/Discount to List
-$24,900
-9.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.65%
Original Mortgage
$75,000
Interest Rate
3.76%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 23, 2008
Sold by
Reid Shawn R and Reid Jill B
Bought by
Brown Reid Shawn Ronald and Brown Reid Jill

Purchase Details

Closed on
Feb 25, 2005
Sold by
Southwest Pointe Associates Llc
Bought by
Reid Shawn R and Reid Jill B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.87%
Mortgage Type
Unknown
Source: Public Records
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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
Amos Sara $550,000 Ticor Title
Elder John -- First American Title Reno
Stieber Jeffrey -- None Available
Elder John $270,000 First American Title Reno
Chahal Gurpreet $160,000 Western Title Co
Chahal Gurpreet -- Western Title Co
Brombacher Monica $225,000 Western Title Co
Brown Reid Shawn Ronald -- None Available
Reid Shawn R $262,500 Stewart Title Of Northern Nv
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brombacher Monica $75,000
Previous Owner Reid Shawn R $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2022 04/01/22 Sold $550,000 -8.2% --
03/07/2022 03/07/22 Pending -- -- --
02/16/2022 02/16/22 Price Changed $599,000 -9.9% --
01/31/2022 01/31/22 Price Changed $665,000 -4.3% --
01/04/2022 01/04/22 For Sale $695,000 +26.4% --
12/29/2021 12/29/21 Off Market $550,000 -- --
12/29/2021 12/29/21 For Sale $695,000 +208.9% --
11/25/2015 11/25/15 Sold $225,000 -10.0% -- View Prior Sale
10/25/2015 10/25/15 Pending -- -- --
05/08/2015 05/08/15 For Sale $249,900 -- --
Source: Northern Nevada Regional MLS

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 $15,401 $709,827 $133,000 $576,827
2024 $13,304 $189,168 $115,500 $73,668
2023 $3,410 $106,190 $105,000 $1,190
2022 $1,122 $90,260 $89,250 $1,010
2021 $1,043 $60,511 $59,500 $1,011
2020 $980 $57,033 $56,000 $1,033
2019 $933 $53,511 $52,500 $1,011
2018 $890 $50,004 $49,000 $1,004
2017 $841 $46,513 $45,500 $1,013
2016 $820 $39,508 $38,500 $1,008
2015 $613 $32,528 $31,500 $1,028
2014 $790 $30,671 $29,750 $921
2013 -- $23,651 $22,750 $901
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 210018366

Northern Nevada Regional MLS

APN: 152-052-03

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