NOT LISTED FOR SALE

115 Cobalt Ln Reno, NV 89508

Estimated Value: $198,000 - $271,000

15.01 Acres
$14,967 Price per Acre
653,836 Sq Ft Lot

Last Sold November 23, 2022

Last sale price $195,000

Est. 15% increase in value since last sale

Current estimated payment $1,273/month

9 Days on Market

Highlights

  • Horses Allowed On Property
  • 15.01 Acre Lot
  • No HOA
  • View of Trees or Woods
  • Near a National Forest
  • Wire Fence

About This Lot

As of November 2022

An amazing opportunity to build your dream home on this well appointed lot in Red Rock! Even though you're only a few minutes from town, you will have privacy, peace & quiet and still thoroughly enjoy nature at its finest. There's a hill in the rear of the property which provides a great hedge from the wind and on the West is a spectacular view of the mountains. With the underground electricity all done, well with pump installed and the 800' driveway, all you need to bring are your plans and a septic and, you've got a place to call HOME! The pictures don't do it justice, you must check out the property to appreciate the beauty, serenity and expanse of living the country life.

Last Agent to Sell the Property

Janice McElroy

RE/MAX Gold License #S.62007 Listed on: 10/13/2022

RE/MAX Gold

Last Buyer's Agent

Non MLS Agent

Non MLS Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $501

Lot Details

  • 15.01 Acre Lot
  • Property fronts an easement
  • Wire Fence
  • Desert Landscape
  • Level Lot
  • Open Lot
  • Corners Of The Lot Have Been Marked
  • Property is zoned LDR

Property Views

  • Woods
  • Mountain
  • Desert
  • Valley

Schools

  • Silver Lake Elementary School
  • Cold Springs Middle School
  • North Valleys High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Underground Utilities
  • Private Water Source
  • Well
  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Near a National Forest

Listing and Financial Details

  • Assessor Parcel Number 07937124

Property Details

Property Type

Land

Est. Annual Taxes

$501

Lot Details

0

Listing Details

  • Property Type: Land
  • Horses: Yes
  • Lot Features: Adjoins BLM/BIA Land, Gentle Sloping, Level, Open Lot, Sloped Up, Corners Marked, Desert, Storm Drains
  • Lot Size Acres: 15.01
  • Road Frontage Type: Public Access
  • Road Surface Type: Gravel
  • Has View?: Yes
  • Has H O A?: No
  • Co List Office Mls Id: 1514-o
  • Co List Office Phone: 775-787-3629
  • Directions: Red Rock Blvd
  • Tax Legal Zoning4: LDR
  • Lot Features Level: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Water Rights Water Rights Y N: No
  • View Mountain(s): Yes
  • Lot Features Sloped Up: Yes
  • Lot Features Gentle Sloping: Yes
  • Lot Features Open Lot: Yes
  • View Desert: Yes
  • View Valley: Yes
  • View Trees Woods: Yes
  • Lot Features Adjoins B L M B I A Land: Yes
  • Tax Legal Elementary School2: Silver Lake
  • Tax Legal High School2: North Valleys
  • Tax Legal Tax Annual Amount3: 500.53
  • Tax Legal Middleor Junior School3: Cold Springs
  • Association Community Association Y N: No
  • Lot Lot Size Acres: 15.01
  • Lot View Y N4: Yes
  • Lot Horse Y N4: Yes
  • Lot Features Corners Marked: Yes
  • Land Details Crops Included Y N: No
  • Land Details Deed Restrictions: No
  • Land Details Road Easement Y N: Yes
  • Land Details Utility Easement Y N: Yes
  • Fencing Fenced2: Yes
  • Lot Features Desert2: Yes
  • Sewer None26: Yes
  • Fencing Wire: Yes
  • Lot Features Storm Drains: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Desert, Mountain(s), Trees/Woods, Valley

Utilities

  • Utilities: Electricity Available, Sewer Not Available, Water Available, Underground Utilities
  • Water Source: Private, Well
  • Sewer: None
  • Utilities Electricity Available: Yes
  • Utilities Water Available: Yes
  • Water Source Private6: Yes
  • Water Source Well: Yes
  • Utilities Underground Utilities: Yes
  • Utilities Sewer Not Available: Yes

Schools

  • Middle Or Junior School: Cold Springs

Lot Info

  • Parcel Number: 07937124
  • Fencing: Fenced, Wire
  • Lot Size Sq Ft: 653835.6
  • Crops Included: No
  • Zoning: LDR

Tax Info

  • Tax Annual Amount: 500.53

MLS Schools

  • Elementary School: Silver Lake
  • HighSchool: North Valleys

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2022
Closed on
Nov 2, 2022
Sold by
Robert M & Janice L Mcelroy Family Trust
Bought by
Tavener Kenneth and Tavener Michelle
Seller's Agent
Janice McElroy
RE/MAX Gold
Buyer's Agent
Non MLS Agent
Non MLS Office
List Price
$200,000
Sold Price
$195,000
Premium/Discount to List
-$5,000
-2.5%
Current Estimated Value
$224,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,658
Avg. Annual Appreciation
3.17%

Purchase Details

Closed on
Nov 5, 2015
Sold by
Mcelroy Robert M and Mcelroy Janice L
Bought by
The Robert M & Janice L Mcelroy Family T

Purchase Details

Closed on
Nov 24, 1997
Sold by
Edwards John W and Edwards Diane G
Bought by
Mcelroy Robert M and Mcelroy Janice L
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
Tavener Kenneth $195,000 First American Title
The Robert M & Janice L Mcelroy Family T -- None Available
Mcelroy Robert M $40,000 Western Title Company Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2022 11/23/22 Sold $195,000 -2.5% --
10/22/2022 10/22/22 Pending -- -- --
10/13/2022 10/13/22 For Sale $200,000 -- --
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 $584 $39,900 $39,900 --
2024 $584 $39,060 $39,060 --
2023 $541 $29,645 $29,645 $0
2022 $501 $23,870 $23,870 $0
2021 $463 $23,870 $23,870 $0
2020 $436 $23,870 $23,870 $0
2019 $415 $23,100 $23,100 $0
2018 $396 $18,865 $18,865 $0
2017 $380 $18,865 $18,865 $0
2016 $371 $15,575 $15,575 $0
2015 $370 $14,385 $14,385 $0
2014 $358 $11,060 $11,060 $0
2013 -- $11,375 $11,375 $0
Source: Public Records

Agents Affiliated with this Home

  • Janice McElroy

    Seller's Agent in 2022

    Janice McElroy

    RE/MAX

    (775) 220-6740

    186 Total Sales

    Janice McElroy
    Section Image

  • N

    Buyer's Agent in 2022

    Non MLS Agent

    Non MLS Office

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Map

Source: Northern Nevada Regional MLS

MLS Number: 220015092

Northern Nevada Regional MLS

APN: 079-371-24

Nevada Washoe County Reno 89508

115 Cobalt Ln, Reno, NV

This home is located at 115 Cobalt Ln, Reno, NV 89508 since 13 October 2022 and is currently estimated at $224,658. 115 Cobalt Ln is a home located in Washoe County with nearby schools including Cold Springs Middle Schools and North Valleys High School.

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