NOT LISTED FOR SALE

1072 University Terrace Reno, NV 89503

West University Neighborhood

Estimated Value: $404,000 - $449,285

2 Beds
1 Bath
984 Sq Ft
$438/Sq Ft Est. Value

Last Sold October 31, 2019

Last sale price $297,500 $302 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,409/month

3 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Great Room
  • Reno High School Rated A
  • 1 Fireplace
  • No HOA

About This Home

As of October 2019

Well maintained home in convenient location. Hardwood flooring, upgraded kitchen and bathroom and beautiful backyard make this home a must see! Close to freeway, downtown, shopping and UNR., Investor Alert! Current tenant in property. Please call listing agent for details. Please do not disturb Tenant and per Tenant rights, please allow 24 hour advanced notice for showings. Lease expires 6/30/2020.

Last Agent to Sell the Property

Charles Johns

Dickson Realty - Sparks License #S.63057 Listed on: 09/10/2019

Dickson Realty - Sparks

Last Buyer's Agent

April Nieto

RE/MAX Gold License #S.67948

RE/MAX Gold

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $639

Year Built

  • Built in 1947

Lot Details

  • 6,970 Sq Ft Lot
  • Back Yard Fenced
  • Landscaped
  • Level Lot
  • Front and Back Yard Sprinklers
  • Property is zoned SF6

Parking

  • 1 Car Attached Garage

Home Design

  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 984 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Great Room
  • Mountain Views
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher
  • No Kitchen Appliances
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Elmcrest Elementary School
  • Clayton Middle School
  • Reno High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 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 00612104

Home Details

Home Type

Single Family

Est. Annual Taxes

$639

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1947
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Acres: 0.16
  • Road Frontage Type: Other
  • Has View?: Yes
  • Security Features: Smoke Detector(s)
  • Association Amenities: None
  • Has H O A?: No
  • Co List Office Mls Id: 1240-o
  • Co List Office Phone: 775-685-8800
  • Directions: Keystone / University Terrace
  • Has Fireplace?: Yes
  • Living Area: 984.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Elmcrest
  • Tax Legal Middle Or Junior School2: Clayton
  • Tax Legal High School: Reno
  • Tax Legal Tax Annual Amount: 639.0
  • Tax Legal Zoning4: SF6
  • 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: 0.16
  • Lot Lot Size Square Feet2: 6969.6
  • Lot Horse Y N2: No
  • Lot View Y N2: Yes
  • Fencing Back Yard: Yes
  • Lot Features Landscaped: Yes
  • Foundation Details Crawl Space: Yes
  • Lot Features Level: Yes
  • Lot Features Sprinklers In Front: Yes
  • Lot Features Sprinklers In Rear: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Sprinklers Front: Yes
  • Sprinklers Rear: Yes
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Appliances Disposal: Yes
  • Security Features Smoke Detector(s): Yes
  • View Mountain(s): Yes
  • Appliances Microwave: Yes
  • Water Heater Gas5: Yes
  • Appliances Included As Personal Property Oven2: Yes
  • Appliances None2: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven, None
  • Flooring: Ceramic Tile, Wood
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Window Features: Double Pane Windows, Vinyl Frames
  • Interior Living Area4: 984.0
  • Interior Fireplace Y N: Yes
  • Window Features Double Pane Windows: Yes
  • Window Features Vinyl Frames: Yes
  • Interior Fireplaces Total2: 1.0
  • Flooring Ceramic Tile: Yes
  • Flooring Wood: Yes
  • Laundry Features Laundry Room: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Kitchen Features Built- In Microwave: Yes
  • Family Room Features Great Room5: Yes
  • Kitchen Features Built- In Single Oven: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Pitched, Shingle
  • Stories: 1
  • View: Mountain(s)
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space
  • Construction Materials Wood Siding: Yes
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes

Garage/Parking

  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Garage Spaces: 1.0
  • Has Attached Garage?: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 1.0
  • Parking Information Garage Y N: Yes
  • Parking Information Garage Spaces: 1.0
  • Parking Information Carport Y N: No
  • Parking Information Parking Total: 1.0
  • Parking Features Attached: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cellular Coverage
  • Water Source: Public
  • Laundry Features: Laundry Room
  • Heating: Fireplace(s), Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • 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 Internet Available: Yes
  • Heating Forced Air: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes
  • Heating Fireplace(s): Yes

Schools

  • Middle Or Junior School: Clayton

Lot Info

  • Parcel Number: 00612104
  • Fencing: Back Yard
  • Lot Size Sq Ft: 6969.6
  • Zoning: SF6

Tax Info

  • Tax Annual Amount: 639.0

MLS Schools

  • Elementary School: Elmcrest
  • HighSchool: Reno

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2019
Closed on
Sep 17, 2019
Sold by
Warfield Jason
Bought by
Dunlap Reanee E
Seller's Agent
Charles Johns
Dickson Realty - Sparks
Buyer's Agent
April Nieto
RE/MAX Gold
List Price
$302,938
Sold Price
$297,500
Premium/Discount to List
-$5,438
-1.8%
Current Estimated Value
$430,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,071
Avg. Annual Appreciation
6.56%
Original Mortgage
$267,750
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 16, 2013
Closed on
Jan 23, 2014
Sold by
Zimmerman Jeffrey M
Bought by
Warfield Jason
Seller's Agent
Linda Moore
Dickson Realty - Damonte Ranch
Buyer's Agent
Charles Johns
Dickson Realty - Sparks
List Price
$165,000
Sold Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.78%
Original Mortgage
$132,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2006
Sold by
Zimmerman Lawrence R
Bought by
Zimmerman Jeffrey M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.69%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 20, 2003
Sold by
Lloyd John C and Lloyd Carolyn
Bought by
Zimmerman Lawrence R and The L R Zimmerman Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 1998
Sold by
Walsh Joseph M and Walsh Dolores D
Bought by
Lloyd John C and Lloyd Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.91%
Source: Public Records

Range of Values:

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Average Value
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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
Dunlap Reanee E $297,500 First American Title Sparks
Warfield Jason $165,000 None Available
Zimmerman Jeffrey M -- None Available
Zimmerman Jeffrey M -- Stewart Title Of Northern Nv
Zimmerman Lawrence R $158,000 Stewart Title Of Northern Nv
Lloyd John C $105,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dunlap Reanee E $272,000
Closed Dunlap Reanee E $267,750
Previous Owner Warfield Jason $132,000
Previous Owner Zimmerman Jeffrey M $60,000
Previous Owner Zimmerman Lawrence R $79,000
Previous Owner Lloyd John C $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2019 10/31/19 Sold $297,500 -1.8% $302 / Sq Ft
09/13/2019 09/13/19 Pending -- -- --
09/10/2019 09/10/19 For Sale $302,938 +83.6% $308 / Sq Ft
01/27/2014 01/27/14 Sold $165,000 0.0% $168 / Sq Ft
12/16/2013 12/16/13 Pending -- -- --
12/16/2013 12/16/13 For Sale $165,000 -- $168 / 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 $751 $56,621 $41,545 $15,076
2024 $751 $56,064 $41,195 $14,869
2023 $722 $53,758 $40,005 $13,753
2022 $705 $42,716 $31,500 $11,216
2021 $678 $32,415 $21,490 $10,925
2020 $669 $31,671 $21,000 $10,671
2019 $639 $31,098 $21,000 $10,098
2018 $608 $24,547 $14,875 $9,672
2017 $584 $22,201 $12,705 $9,496
2016 $569 $22,109 $12,600 $9,509
2015 $569 $18,778 $9,450 $9,328
2014 $554 $16,804 $7,980 $8,824
2013 -- $14,472 $5,880 $8,592
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 190014184

Northern Nevada Regional MLS

APN: 006-121-04