NOT LISTED FOR SALE

1070 S University Park Loop Reno, NV 89512

West University Neighborhood

Estimated Value: $867,026 - $1,026,000

4 Beds
3.5 Baths
3,385 Sq Ft
$288/Sq Ft Est. Value

Last Sold May 31, 2017

Last sale price $543,330 $161 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $5,924/month

174 Days on Market

Highlights

  • City View
  • Deck
  • High Ceiling
  • 0.49 Acre Lot
  • Recreation Room
  • 3-minute walk to University Ridge Park

About This Home

As of May 2017

The approx. move-in date will be 5/2017. Main finished living space is all on main level and comprises 2141 square feet. Basement is situated below grade on slope. Daylight walk-out finished area in basement is comprised of 1244 square feet, with an additional 360 unfinished storage area that is not included in the finished square feet. The finished basement includes separate heating and air conditioning zones and a sump pump., This home captivates its audience with the most panoramic, breathtaking, unobstructed views of the valley, city, and mountains on almost a 1/2 acre. One of the few New Homes with all of these benefits, including many standard features. Granite slab countertops, Piedrafina stone solid surface tub and shower surrounds, raised panel birch cabinets with 42" uppers and 2 1/4" crown nolding, roll-out shelves at select locations, GE stainless steel appliances, energy efficient home with blown-in Optima insulation, low-e windows, recessed lighting, driveway and walkway pavers, and much more. This home will be ready for occupancy at the end of the year. Our sales office is generally open from Thursday through Monday from 11:00 am until 5:00 pm. Please call to verify. Ask us about our other floor plans and lot availabilities. This home is scheduled to be completed in the Spring of 2017.

Last Agent to Sell the Property

Pam Banaszak

Capstone Communities License #BS.27472 Listed on: 10/30/2016

Last Buyer's Agent

Pam Banaszak

Capstone Communities License #BS.27472 Listed on: 10/30/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,505

Year Built

  • Built in 2016

Lot Details

  • 0.49 Acre Lot
  • Property is Fully Fenced
  • Landscaped
  • Open Lot
  • Lot Sloped Down
  • Front Yard Sprinklers
  • Property is zoned PUD

HOA Fees

  • $26 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Property Views

  • City
  • Mountain
  • Valley

Home Design

  • Slab Foundation
  • Pitched Roof
  • Tile Roof
  • Stick Built Home
  • Stucco

Interior Spaces

  • 3,385 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Gas Log Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Great Room
  • Living Room with Fireplace
  • Recreation Room
  • Game Room
  • Fire and Smoke Detector
  • Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • No Kitchen Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Primary Bathroom includes a Walk-In Shower
  • Garden Bath

Laundry

  • Laundry Room
  • Sink Near Laundry
  • Laundry Cabinets

Accessible Home Design

  • Sliding Shelves

Outdoor Features

  • Deck
  • Patio
  • Barbecue Stubbed In

Schools

  • Peavine Elementary School
  • Clayton Middle School
  • Hug High School

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • $200 HOA Transfer Fee
  • Equus/University Ridge Association
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 00378105

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,505

Year Built

Built in 2016

Lot Details

0

HOA Fees

$26 per month

Parking

3

Listing Details

  • Year Built: 2016
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Gentle Sloping, Landscaped, Open Lot, Sloped Down, Sprinklers In Front
  • Lot Size Acres: 0.49
  • Has View?: Yes
  • Security Features: Smoke Detector(s)
  • Association Amenities: Maintenance Grounds
  • Association Fees: 308.0
  • Association Fee Frequency: Annually
  • Has H O A?: Yes
  • Co List Office Mls Id: 1891-o
  • Co List Office Phone: 775-657-8600
  • Directions: Socrates/N. McCarran
  • Has Cooling?: Yes
  • Has Fireplace?: Yes
  • Living Area: 3385.0
  • 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: Hug
  • Tax Legal Zoning4: PUD
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 308.0
  • Building Stories5: 2
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 0.49
  • Lot Lot Size Square Feet2: 21344.4
  • Lot Horse Y N2: No
  • Association Details Transfer Fee: 200.0
  • Lot View Y N2: Yes
  • Lot Features Landscaped: Yes
  • Lot Features Sloped Down: Yes
  • Cooling Central Air: Yes
  • Cooling Electric: Yes
  • Foundation Details Slab: Yes
  • Lot Features Sprinklers In Front: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Sprinklers Front: Yes
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Cooling Refrigerated: Yes
  • Appliances Disposal: Yes
  • Fencing Full2: Yes
  • Outdoor Living Spaces Deck3: Yes
  • Outdoor Living Spaces Patio2: Yes
  • Security Features Smoke Detector(s): Yes
  • Sprinklers Drip System In Front: Yes
  • View Mountain(s): Yes
  • Appliances Microwave: Yes
  • Association Amenities Maintenance Grounds: Yes
  • Water Heater Gas5: Yes
  • Construction Materials Stucco: Yes
  • Fireplace Features Gas Log: Yes
  • Lot Features Gentle Sloping: Yes
  • Lot Features Open Lot: Yes
  • View Valley: Yes
  • Other Rooms Game Room3: Yes
  • Other Rooms Finished Basement: Yes
  • Association Community Association Fee Frequency3: Annually
  • Association Details Management Company Name5: Equus/University Ridge
  • Other Rooms Recreation Room4: Yes
  • Water Heater Recirculating: Yes
  • Association Details Management Company Phone5: 284-2050
  • Appliances Included As Personal Property Gas Cooktop2: Yes
  • Appliances Included As Personal Property Oven2: Yes
  • Appliances None2: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Cooktop, Microwave, Oven, None
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Interior Amenities: Breakfast Bar, High Ceilings, Kitchen Island, Pantry, Sliding Shelves, Walk-In Closet(s)
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows, Low-Emissivity Windows
  • Interior Bathrooms Half: 1
  • Interior Living Area4: 3385.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Interior Features High Ceilings: Yes
  • Fireplace Features Living Room: Yes
  • Interior Features Breakfast Bar: Yes
  • Window Features Double Pane Windows: Yes
  • Kitchen Features Breakfast Bar2: Yes
  • Primary Bedroom Features Double Sinks: Yes
  • Primary Bedroom Features Shower Stall: Yes
  • Flooring Ceramic Tile: Yes
  • Laundry Features Cabinets2: Yes
  • Laundry Features Laundry Area: Yes
  • Laundry Features Laundry Room: Yes
  • Living Room Features Great Room3: Yes
  • Dining Room Features High Ceilings3: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Primary Bedroom Features High Ceilings6: Yes
  • Primary Bedroom Features Garden Tub: Yes
  • Interior Features Kitchen Island: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Window Features Low- Emissivity Windows: Yes
  • Laundry Features Sink: Yes
  • Family Room Features High Ceilings4: Yes
  • Kitchen Features Breakfast Nook: Yes
  • Kitchen Features Built- In Microwave: Yes
  • Kitchen Features Kitchen Island2: Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes
  • Dining Room Features Great Room4: Yes
  • Family Room Features Great Room5: Yes
  • Kitchen Features Built- In Single Oven: Yes
  • Interior Features Sliding Shelves: Yes
  • Kitchen Features Gas Cooktop3: Yes
  • Window Features E N E R G Y S T A R Qualified Windows: Yes

Exterior Features

  • Exterior Features: Barbecue Stubbed In
  • Roof: Pitched, Tile
  • Stories: 2
  • View: City, Mountain(s), Valley
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Deck
  • Roof Pitched: Yes
  • Roof Tile3: Yes
  • Exterior Features Barbecue Stubbed In: Yes

Garage/Parking

  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Garage Spaces: 3.0
  • Has Attached Garage?: Yes
  • Parking Features: Attached, Garage Door Opener
  • Total Parking Spaces: 3.0
  • Parking Information Garage Y N: Yes
  • Parking Information Garage Spaces: 3.0
  • Parking Information Carport Y N: No
  • Parking Information Parking Total: 3.0
  • Parking Features Attached: Yes
  • Parking Features Garage Door Opener: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Water Meter Installed
  • Water Source: Public
  • Laundry Features: Cabinets, Laundry Area, Laundry Room, Sink
  • Cooling: Central Air, Electric, Refrigerated
  • Heating: Electric, Fireplace(s), Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Cooling Y N3: Yes
  • Utilities Heating Y N3: Yes
  • Utilities Cable Available: 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 Forced Air: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes
  • Heating Electric4: Yes
  • Heating Fireplace(s): Yes

Schools

  • Middle Or Junior School: Clayton

Lot Info

  • Parcel Number: 00378105
  • Fencing: Full
  • Lot Size Sq Ft: 21344.4
  • Zoning: PUD

MLS Schools

  • Elementary School: Peavine
  • HighSchool: Hug

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2016
Closed on
May 31, 2017
Sold by
Mbdi Holdings Llc
Bought by
Loper Nicholas Kent and Miller Joanna Lee
Seller's Agent
Pam Banaszak
Capstone Communities
Buyer's Agent
Pam Banaszak
Capstone Communities
List Price
$539,950
Sold Price
$543,330
Premium/Discount to List
$3,380
0.63%
Current Estimated Value
$975,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$431,677
Avg. Annual Appreciation
7.24%
Original Mortgage
$424,000
Outstanding Balance
$352,196
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$622,811

Purchase Details

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

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
Purchase Money Mortgage

Purchase Details

Closed on
Dec 11, 2006
Sold by
Lennar Reno Llc
Bought by
Mgp Nevada Llc
Source: Public Records

Range of Values:

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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
Loper Nicholas Kent $543,500 Ticor Title Reno
Mbdi Holdings Llc -- None Available
Capstone Communities Inc $1,053,000 Ticor Title Reno Commercial
Mgp Nevada Llc $1,560,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loper Nicholas Kent $424,000
Previous Owner Capstone Communities Inc $1,040,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2017 05/31/17 Sold $543,330 +0.6% $161 / Sq Ft
04/22/2017 04/22/17 Pending -- -- --
10/30/2016 10/30/16 For Sale $539,950 -- $160 / 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 $8,505 $238,289 $46,515 $191,774
2024 $7,876 $235,061 $42,525 $192,536
2023 $7,876 $227,965 $44,520 $183,445
2022 $7,293 $203,141 $53,099 $150,042
2021 $6,753 $185,893 $37,674 $148,219
2020 $6,352 $190,585 $41,178 $149,407
2019 $6,049 $182,078 $39,813 $142,265
2018 $5,774 $165,828 $26,968 $138,860
2017 $5,340 $163,127 $24,754 $138,373
2016 $269 $13,593 $13,585 $8
2015 $269 $10,724 $10,717 $7
2014 $260 $9,320 $9,317 $3
2013 -- $7,224 $7,224 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 160016052

Northern Nevada Regional MLS

APN: 003-781-05