NOT LISTED FOR SALE

1098 S University Park Loop Reno, NV 89512

West University Neighborhood

Estimated Value: $949,102 - $1,106,000

5 Beds
3.5 Baths
3,743 Sq Ft
$280/Sq Ft Est. Value

Last Sold May 05, 2017

Last sale price $575,993 $154 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $6,294/month

260 Days on Market

Highlights

  • City View
  • Deck
  • Main Floor Primary Bedroom
  • 0.52 Acre Lot
  • Recreation Room
  • 3-minute walk to University Ridge Park

About This Home

As of May 2017

Main finished living space is all on main level and comprises 2393 square feet. Basement is situated below grade on slope. Daylight walk-out finished area in basement is comprised of 1350 square feet, with an additional 491 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., Home is finished and ready for move-in!!! This home captivates its audience with the most panoramic, breathtaking, unobstructed views of the valley, city, and mountains on 1/2 of an 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 mnolding, 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, extended tile, 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.

Last Agent to Sell the Property

Pam Banaszak

Capstone Communities License #BS.27472 Listed on: 07/16/2016

Last Buyer's Agent

Alex Militante

Ferrari-Lund R.E. Sparks License #S.66064

Ferrari-Lund R.E. Sparks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,314

Year Built

  • Built in 2016

Lot Details

  • 0.52 Acre Lot
  • Back Yard 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
  • Stone

Interior Spaces

  • 3,743 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Separate Formal Living Room
  • Recreation Room
  • Game Room
  • Finished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Oven
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 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
  • Internet Available
  • 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 00378108

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,314

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: Landscaped, Open Lot, Rolling Slope, Sloped Down, Sprinklers In Front
  • Lot Size Acres: 0.52
  • 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/University Park Loop
  • Has Cooling?: Yes
  • Has Fireplace?: Yes
  • Living Area: 3743.0
  • 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: 0.52
  • Lot Lot Size Square Feet2: 22651.2
  • Lot Horse Y N2: No
  • Association Details Transfer Fee: 200.0
  • Lot View Y N2: Yes
  • Fencing Back Yard: 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
  • 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 Open Lot: Yes
  • View Valley: Yes
  • Other Rooms Game Room3: Yes
  • Construction Materials Stone: Yes
  • Other Rooms Finished Basement: Yes
  • Other Rooms Walk- Out Daylight Basement: Yes
  • Association Community Association Fee Frequency3: Annually
  • Association Details Management Company Name5: Equus/University Ridge
  • Lot Features Rolling Slope: Yes
  • Other Rooms Recreation Room4: Yes
  • Appliances Gas Range: Yes
  • Water Heater Recirculating: Yes
  • Association Details Management Company Phone5: 284-2050
  • Appliances Included As Personal Property Gas Oven2: Yes
  • Appliances Included As Personal Property Gas Cooktop2: Yes
  • Appliances Included As Personal Property Oven2: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Cooktop, Gas Range, Microwave, Oven
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Pantry, Primary Downstairs, Sliding Shelves, Walk-In Closet(s)
  • Window Features: Double Pane Windows, Low-Emissivity Windows, Vinyl Frames
  • Interior Bathrooms Half: 1
  • Interior Living Area4: 3743.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Interior Features Breakfast Bar: Yes
  • Interior Features Primary Downstairs: Yes
  • Window Features Double Pane Windows: Yes
  • Window Features Vinyl Frames: Yes
  • Living Room Features Separate Formal Room: Yes
  • Dining Room Features Separate Formal Room2: Yes
  • Family Room Features Separate Formal Room3: Yes
  • Kitchen Features Breakfast Bar2: Yes
  • Primary Bedroom Features Double Sinks: Yes
  • Interior Fireplaces Total2: 1.0
  • Primary Bedroom Features On Main Floor: 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
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Primary Bedroom Features High Ceilings6: Yes
  • Primary Bedroom Features Garden Tub: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Window Features Low- Emissivity Windows: Yes
  • Laundry Features Sink: Yes
  • Kitchen Features Breakfast Nook: Yes
  • Kitchen Features Built- In Microwave: Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes
  • Interior Features Ceiling Fan(s)2: Yes
  • Family Room Features Ceiling Fan(s)5: Yes
  • Kitchen Features Built- In Single Oven: Yes
  • Interior Features Sliding Shelves: Yes
  • Kitchen Features Gas Cooktop3: Yes

Exterior Features

  • Exterior Features: Barbecue Stubbed In
  • Roof: Pitched, Tile
  • Stories: 2
  • View: City, Mountain(s), Valley
  • Construction Type: Stone, 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, Internet 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
  • Utilities Internet Available: 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: 00378108
  • Fencing: Back Yard
  • Lot Size Sq Ft: 22651.2
  • Zoning: PUD

MLS Schools

  • Elementary School: Peavine
  • HighSchool: Hug

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2016
Closed on
May 5, 2017
Sold by
Mbdi Holdings Llc
Bought by
Li Zhizhong
Seller's Agent
Pam Banaszak
Capstone Communities
Buyer's Agent
Alex Militante
Ferrari-Lund R.E. Sparks
List Price
$569,950
Sold Price
$575,993
Premium/Discount to List
$6,043
1.06%
Current Estimated Value
$1,047,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$471,283
Avg. Annual Appreciation
7.34%
Original Mortgage
$424,000
Outstanding Balance
$353,858
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$693,418

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
Li Zhizhong $576,000 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 Li Zhizhong $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
05/05/2017 05/05/17 Sold $575,993 +1.1% $154 / Sq Ft
04/02/2017 04/02/17 Pending -- -- --
07/16/2016 07/16/16 For Sale $569,950 -- $152 / 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 $8,314 $254,269 $46,515 $207,754
2024 $8,314 $251,010 $42,525 $208,485
2023 $8,071 $243,288 $44,520 $198,769
2022 $7,837 $215,453 $53,099 $162,355
2021 $7,258 $198,038 $37,674 $160,364
2020 $6,830 $202,846 $41,178 $161,668
2019 $6,505 $194,145 $39,813 $154,332
2018 $6,205 $177,203 $26,968 $150,235
2017 $5,934 $174,442 $24,754 $149,688
2016 $282 $13,593 $13,585 $8
2015 $281 $10,724 $10,717 $7
2014 $272 $9,320 $9,317 $3
2013 -- $7,224 $7,224 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2017

    Pam Banaszak

    Capstone Communities

    Section Image
  • Alex Militante

    Buyer's Agent in 2017

    Alex Militante

    Ferrari-Lund R.E. Sparks

    (775) 544-2855

    2 in this area

    132 Total Sales

    Alex Militante
    Section Image
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Map

Source: Northern Nevada Regional MLS

MLS Number: 160010609

Northern Nevada Regional MLS

APN: 003-781-08

Nevada Washoe County Reno 89512 West University

1098 S University Park Loop, Reno, NV

This home is located at 1098 S University Park Loop, Reno, NV 89512 since 16 July 2016 and is currently estimated at $1,047,276, approximately $279 per square foot. This property was built in 2016. 1098 S University Park Loop is a home located in Washoe County 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.

Northern Nevada Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The content relating to real estate for sale on this web site comes in part from the Broker Reciprocity/ IDX program of the Northern Nevada Regional Multiple Listing Service°. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo and detailed information about those listings includes the name of the listing brokerage. Any use of the content other than by a search performed by a consumer looking to purchase or rent real estate is prohibited. © 2025 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved.

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