NOT LISTED FOR SALE

1070 S University Park Loop Reno, NV 89512

West University Neighborhood

Estimated Value: $892,000 - $1,014,000

4 Beds
4 Baths
3,385 Sq Ft
$282/Sq Ft Est. Value

Last Sold May 31, 2017

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

Est. 75% increase in value since last sale

Current estimated payment $6,021/month

174 Days on Market

Highlights

  • City View
  • Ceramic Tile Flooring
  • 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 Listed By

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

HOA Fees

  • $26 per month

Parking

  • 3

Property Views

  • City
  • Valley

Home Design

  • Pitched Roof
  • Tile Roof

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Schools

  • Peavine Elementary School
  • Hug High School

Listing and Financial Details

  • 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
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Cooktop, Microwave, Oven, None
  • Flooring: Carpet, Ceramic Tile

Exterior Features

  • Exterior Features: Barbecue Stubbed In
  • Roof: Pitched, Tile
  • Stories: 2
  • View: City, Mountain(s), Valley

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Water Meter Installed
  • Water Source: Public

Lot Info

  • Parcel Number: 00378105
  • Fencing: Full

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%
Total Days on Market
174
Current Estimated Value
$953,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$410,175
Avg. Annual Appreciation
7.33%
Original Mortgage
$424,000
Interest Rate
3.97%
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
Dec 11, 2006
Sold by
Lennar Reno Llc
Bought by
Mgp Nevada Llc

Range of Values:

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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
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 $400,000
Closed Loper Nicholas Kent $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

Property History

Date Event Price Change Sq Ft Price
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