1360 Faland Way Reno, NV 89503
West University NeighborhoodEstimated Value: $525,811 - $584,000
3
Beds
2
Baths
2,040
Sq Ft
$269/Sq Ft
Est. Value
Highlights
- Wood Flooring
- 1 Fireplace
- No HOA
- Reno High School Rated A
- Bonus Room
- 1 Car Attached Garage
About This Home
As of July 2023LOCATION LOCATION LOCATION! Welcome to your dream home in Reno, NV! This stunning property is a 3 bed, 2 bath gem is located in the heart of the city and just a short walk away from the university. Step inside and be greeted by the spacious and bright living area, complete with modern updates that perfectly blend comfort and style. Enjoy cozy nights in by the fireplace, or entertain guests in the open dining area and kitchen with granite countertops, newer appliances, and tons of character., Retreat to the owners suite complete with a step in shower and ample closet space. Two additional bedrooms provide plenty of room for family, guests, or a home office. With 792 sq ft of finished basement and an additional bedroom (not counted in the bedroom count), you'll have plenty of room for all of your things. Located in a highly sought-after area, this property is perfectly situated to take advantage of all that Reno has to offer. Whether you're walking to class or exploring the vibrant city scene, you'll love the convenience and accessibility of this amazing location. Don't miss out on the opportunity to make this gorgeous home your own. Schedule a showing today and see for yourself all that this property has to offer!
Last Agent to Sell the Property
RE/MAX Professionals-Reno License #S.174613 Listed on: 05/09/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $897
Year Built
- Built in 1941
Lot Details
- 6,098 Sq Ft Lot
- Back and Front Yard Fenced
- Landscaped
- Lot Sloped Down
- Front and Back Yard Sprinklers
- Sprinklers on Timer
- Property is zoned Sf8
Parking
- 1 Car Attached Garage
Home Design
- Pitched Roof
- Shingle Roof
- Composition Roof
- Metal Siding
- Stick Built Home
Interior Spaces
- 2,040 Sq Ft Home
- 1-Story Property
- 1 Fireplace
- Double Pane Windows
- Aluminum Window Frames
- Family Room
- Combination Kitchen and Dining Room
- Bonus Room
Kitchen
- Breakfast Bar
- Electric Oven
- Electric Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Primary Bathroom includes a Walk-In Shower
Laundry
- Laundry Room
- Laundry in Hall
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Crawl Space
Home Security
- Smart Thermostat
- Fire and Smoke Detector
Outdoor Features
- Fuel Available
Schools
- Elmcrest Elementary School
- Clayton Middle School
- Reno High School
Utilities
- Refrigerated Cooling System
- Forced Air Heating and Cooling System
- Heating System Uses Oil
- Baseboard Heating
- Electric Water Heater
- Internet Available
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Home warranty included in the sale of the property
- Assessor Parcel Number 00710311
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 9, 2023
Closed on
Aug 24, 2023
Sold by
Morrow Family Trust
Bought by
Twomorrows Llc
Seller's Agent
Nicholas Abe
RE/MAX Professionals-Reno
Buyer's Agent
Ashley Flock
Ferrari-Lund R.E. Sparks
List Price
$545,000
Sold Price
$490,000
Premium/Discount to List
-$55,000
-10.09%
Views
80
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,703
Avg. Annual Appreciation
5.98%
Original Mortgage
$257,500
Interest Rate
6.39%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 9, 2023
Closed on
Jun 30, 2023
Sold by
Prastka John G and Prastka Lynne L
Bought by
Morrow Jeffrey and Morrow Libbie
Seller's Agent
Nicholas Abe
RE/MAX Professionals-Reno
Buyer's Agent
Ashley Flock
Ferrari-Lund R.E. Sparks
List Price
$545,000
Sold Price
$490,000
Premium/Discount to List
-$55,000
-10.09%
Views
80
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,500
Interest Rate
6.39%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 7, 2012
Closed on
Jul 20, 2012
Sold by
Burge Linda Bisagno
Bought by
Prastka John G and Prastka Lynne L
Seller's Agent
Ken Zimmerman
Ferrari-Lund Real Estate Reno
Buyer's Agent
Lee Lockhart
Ferrari-Lund Real Estate Reno
List Price
$149,900
Sold Price
$155,000
Premium/Discount to List
$5,100
3.4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.07%
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Twomorrows Llc | -- | None Listed On Document | |
| Morrow Family Trust | -- | None Listed On Document | |
| Morrow Jeffrey | $490,000 | First American Title | |
| Prastka John G | $155,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Morrow Jeffrey | $257,500 | |
| Previous Owner | Prastka John G | $233,911 | |
| Previous Owner | Prastka John G | $183,000 | |
| Previous Owner | Prastka John G | $75,025 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/03/2023 07/03/23 | Sold | $490,000 | -10.1% | $240 / Sq Ft |
| 06/03/2023 06/03/23 | Pending | -- | -- | -- |
| 05/09/2023 05/09/23 | For Sale | $545,000 | +251.6% | $267 / Sq Ft |
| 07/20/2012 07/20/12 | Sold | $155,000 | +3.4% | $124 / Sq Ft |
| 07/09/2012 07/09/12 | Pending | -- | -- | -- |
| 07/07/2012 07/07/12 | For Sale | $149,900 | -- | $120 / Sq Ft |
Source: Northern Nevada Regional MLS
Tax History Compared to Growth
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 | $950 | $62,949 | $41,545 | $21,404 |
| 2024 | $950 | $62,371 | $41,195 | $21,176 |
| 2023 | $688 | $59,940 | $40,005 | $19,935 |
| 2022 | $897 | $47,446 | $31,500 | $15,946 |
| 2021 | $873 | $36,968 | $21,490 | $15,478 |
| 2020 | $806 | $35,784 | $21,000 | $14,784 |
| 2019 | $766 | $34,815 | $21,000 | $13,815 |
| 2018 | $731 | $28,130 | $14,875 | $13,255 |
| 2017 | $710 | $25,714 | $12,705 | $13,009 |
| 2016 | $694 | $25,576 | $12,600 | $12,976 |
| 2015 | $692 | $22,287 | $9,450 | $12,837 |
| 2014 | $675 | $20,139 | $7,980 | $12,159 |
| 2013 | -- | $17,655 | $5,880 | $11,775 |
Source: Public Records
Agents Affiliated with this Home
-
Nicholas Abe
Seller's Agent in 2023
Nicholas Abe
RE/MAX
(775) 233-7356
6 in this area
193 Total Sales
-
Ashley Flock
Buyer's Agent in 2023
Ashley Flock
Ferrari-Lund R.E. Sparks
(775) 830-2448
1 in this area
31 Total Sales
-
Ken Zimmerman
Seller's Agent in 2012
Ken Zimmerman
Ferrari-Lund Real Estate Reno
(775) 843-1882
3 in this area
28 Total Sales
-
Buyer's Agent in 2012
Lee Lockhart
Ferrari-Lund Real Estate Reno
(775) 830-8702
Map
Source: Northern Nevada Regional MLS
MLS Number: 230004557
APN: 007-103-11
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