NOT LISTED FOR SALE

1040 S University Park Loop Reno, NV 89512

West University Neighborhood

Estimated Value: $821,000 - $1,081,000

4 Beds
4 Baths
2,405 Sq Ft
$389/Sq Ft Est. Value

About This Home

This home is located at 1040 S University Park Loop, Reno, NV 89512 and is currently estimated at $935,808, approximately $389 per square foot. 1040 S University Park Loop is a home with nearby schools including Peavine Elementary School, Archie Clayton Pre-AP Academy, and Coral Academy Charter School Elementary.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2021
Sold by
Singh Parmjit
Bought by
Singh Parmjit
Current Estimated Value
$935,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,250
Outstanding Balance
$432,513
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$492,702

Purchase Details

Closed on
Sep 26, 2017
Sold by
Mbdi Holdings Llc
Bought by
Singh Parmjit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2015
Sold by
Capstone Communities Inc
Bought by
Mbdi Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,430,000
Interest Rate
3.86%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 28, 2015
Sold by
Mgp Nevada Llc
Bought by
Capstone Communities Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Interest Rate
3.67%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 1, 2008
Sold by
Lennar Reno Llc
Bought by
Mgp Nevada Llc

Purchase Details

Closed on
Dec 11, 2006
Sold by
Lennar Reno Llc
Bought by
Mgp Nevada Llc

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Singh Parmjit -- First Centennial Reno
Singh Parmjit -- First Centennial Reno
Singh Parmjit $580,000 Ticor Title Reno
Mbdi Holdings Llc -- None Available
Capstone Communities Inc $1,053,000 Ticor Title Reno Commercial
Mgp Nevada Llc -- None Available
Mgp Nevada Llc $1,560,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Parmjit $548,250
Closed Singh Parmjit $424,000
Previous Owner Mbdi Holdings Llc $2,430,000
Previous Owner Capstone Communities Inc $1,040,000
Previous Owner Capstone Communities Inc $1,040,000
Source: Public Records

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 $7,156 $251,858 $46,515 $205,343
2024 $6,948 $248,544 $42,525 $206,019
2023 $6,948 $241,069 $44,520 $196,549
2022 $6,746 $213,603 $53,099 $160,505
2021 $6,550 $196,200 $37,674 $158,526
2020 $6,358 $201,034 $41,178 $159,856
2019 $6,171 $192,500 $39,813 $152,687
2018 $5,987 $175,594 $26,968 $148,626
2017 $2,131 $63,406 $12,377 $51,029
2016 $257 $13,593 $13,585 $8
2015 -- $10,724 $10,717 $7
2014 $248 $9,320 $9,317 $3
2013 -- $7,224 $7,224 $0
Source: Public Records

Map

Nevada Washoe County Reno 89512 West University

1040 S University Park Loop, Reno, NV

Homes for Sale in Reno, NV

This home is located at 1040 S University Park Loop, Reno, NV 89512 and is currently estimated at $935,808, approximately $389 per square foot. 1040 S University Park Loop is a home with nearby schools including Peavine Elementary School, Archie Clayton Pre-AP Academy, and Coral Academy Charter School Elementary.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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