$1,400,000
SOLD SEP 6, 2024
3 Beds
3.5 Baths
3,334 Sq Ft
0.39 Acres

Recently Sold

$420 Per Sq Ft

5% Below List Price

73 Days on Market

Highlights

  • Double Oven
  • Elizabeth Lenz Elementary School Rated A-
  • Ceramic Tile Flooring

About This Home

As of September 2024

Award-winning design in the gated community of Mountaingate. Built in 2016, this 3,334 sqft single-story home features 3 bedrooms, 3.5 bathrooms plus an office/den. The great room opens to a covered loggia through collapsible doors, creating a seamless indoor/outdoor space to enjoy unobstructed views. A central courtyard allows this home to fill with warm natural light. Enjoy the perfect blend of luxury, privacy and convenience in this prime SW Reno location., From the moment you enter this home, you will be greeted by 12' high ceilings, wide hallways, and stunning views that pour in from the floor-to-ceiling windows. Two guest bedrooms with en suite baths flank the office/den at the front of the home, separated from the main living areas by an interior courtyard. The primary bedroom is its own private wing with access to the back loggia and a spa-like bath complete with a soaking tub and a view. The expansive chef's kitchen includes a pantry, coffee bar, large center island, ample cabinet space, and a desk/work area adjacent to the breakfast nook. Finished oversized 4-car tandem garage. Fully landscaped, low maintenance, yard with no immediate rear neighbors and unobstructed valley and mountain views. Your perfect home base to explore Reno/Tahoe with easy access to ski resorts, schools, shopping, Lake Tahoe, and all just minutes from the Reno/Tahoe International Airport.

Last Agent to Sell the Property

Adrian Drakulich

BHG Drakulich Realty License #S.65729 Listed on: 05/23/2024

BHG Drakulich Realty

Last Buyer's Agent

Aaron Coombs

LPT Realty, LLC License #S.187404

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,521

Year Built

  • Built in 2016

Lot Details

  • 0.39 Acre Lot
  • Property is zoned SPD

HOA Fees

  • $138 per month

Parking

  • 4 Car Garage

Home Design

  • 3,334 Sq Ft Home
  • Pitched Roof
  • Tile Roof

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Lenz Elementary School
  • Marce Herz Middle School
  • Galena High School

Utilities

  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 14246307

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,521

Year Built

Built in 2016

Lot Details

0

HOA Fees

$138 per month

Parking

4

Listing Details

  • Year Built: 2016
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Road Frontage Type: Other
  • Co List Office Mls Id: 646-o
  • Co List Office Phone: 775-685-8585
  • Directions: Arrowcreek Pkwy to Tremolite Dr.
  • Property Attached Yn: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Gas Cooktop, Microwave, None
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Interior Amenities: Breakfast Bar, High Ceilings, Kitchen Island, Pantry, Walk-In Closet(s)
  • Window Features: Blinds, Double Pane Windows, Drapes, Vinyl Frames

Exterior Features

  • Exterior Features: None
  • Roof: Pitched, Tile
  • Stories: 1
  • View: Mountain(s), Trees/Woods
  • Construction Type: Stone, Stucco
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Spaces: 4.0
  • Parking Features: Attached, Garage Door Opener, Tandem

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cellular Coverage, Water Meter Installed
  • Water Source: Public
  • Laundry Features: Cabinets, Laundry Area, Laundry Room, Shelves, Sink
  • Cooling: Central Air, Refrigerated
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Middle Or Junior School: Marce Herz

Lot Info

  • Parcel Number: 14246307
  • Fencing: Back Yard
  • Lot Size Sq Ft: 16814.16
  • Zoning: SPD

Tax Info

  • Tax Annual Amount: 9521.39

MLS Schools

  • Elementary School: Lenz
  • HighSchool: Galena

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Sep 5, 2024
Sold by
David D Law Living Trust and Law Yi Chen
Bought by
Phillips Daniel Mark
Seller's Agent
Adrian Drakulich
BHG Drakulich Realty
Buyer's Agent
Aaron Coombs
LPT Realty, LLC
List Price
$1,477,000
Sold Price
$1,400,000
Premium/Discount to List
-$77,000
-5.21%
Total Days on Market
73
Views
91
Current Estimated Value
$1,440,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,497
Avg. Annual Appreciation
3.93%
Original Mortgage
$480,000
Outstanding Balance
$477,075
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$963,422

Purchase Details

Closed on
Jul 19, 2022
Sold by
Law David D
Bought by
David D Law Living Trust

Purchase Details

Closed on
Jun 25, 2021
Sold by
Chen Yi and Law David D
Bought by
Law Yi Chen Tr and Yi Family Living Trust

Purchase Details

Closed on
Feb 28, 2017
Sold by
Barcia Daniel and Barcia Patricia S
Bought by
Law David D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$538,400
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2016
Sold by
Mountaingate Homes Llc
Bought by
Barcia Daniel and Barcia Patricia S

Purchase Details

Closed on
May 22, 2015
Sold by
Mountaingate Ventures West Llc
Bought by
Mountaingate Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,910,000
Interest Rate
3.85%
Mortgage Type
Construction
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $1,400,000 Landmark Title
Bargain Sale Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Bargain Sale Deed $673,000 Ticor Title
Bargain Sale Deed $654,500 Ticor Title Reno
Bargain Sale Deed $1,800,000 Ticor Title Reno Commercial
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $480,000 New Conventional
Closed $480,000 New Conventional
Previous Owner $538,400 New Conventional
Previous Owner $9,910,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2024 09/06/24 Sold $1,400,000 0.0% $420 / Sq Ft
08/31/2024 08/31/24 Off Market $1,400,000 -- --
08/03/2024 08/03/24 Pending -- -- --
06/25/2024 06/25/24 Price Changed $1,467,000 -0.7% $440 / Sq Ft
05/22/2024 05/22/24 For Sale $1,477,000 -- $443 / 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 $9,806 $357,088 $85,775 $271,314
2024 $9,806 $352,044 $80,672 $271,372
2023 $9,521 $339,677 $83,885 $255,793
2022 $9,240 $282,430 $70,340 $212,091
2021 $8,971 $262,187 $52,290 $209,897
2020 $8,709 $258,911 $49,581 $209,330
2019 $8,455 $247,694 $45,801 $201,893
2018 $8,208 $231,391 $34,965 $196,426
2017 $7,967 $218,192 $32,162 $186,030
2016 $1,705 $51,411 $35,455 $15,956
2015 $1,140 $31,147 $30,555 $592
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 240006141

Northern Nevada Regional MLS

APN: 142-463-07