NOT LISTED FOR SALE

Estimated Value: $233,747 - $269,000

2 Beds
2.5 Baths
1,472 Sq Ft
$174/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $190,000 $129 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,582/month

22 Days on Market

Highlights

  • Gated Community
  • Double Pane Windows
  • Cooling Available
  • Home Office
  • Brick or Stone Mason
  • 1-minute walk to Sage Street Park

About This Home

As of May 2020

Welcome to the Townhouses at Park Terrace, a gated community centrally located near all your conveniences; UNR, schools, freeway, shopping, parks, hospital and downtown Reno. This unit is newly remodeled, vacant and move-in ready! The 3-story unit features a brand-new water heater, electric range oven, all doors and door frames, baseboard, light fixtures, and fresh paint throughout. One of the few units that includes a fully fenced back patio with a small sunny garden, shed and a gate to street entrance., Basement is fully finished with laundry area, full bathroom and separate room with closet that could be used as a third bedroom or office. Great for first time buyers or investor.

Last Agent to Sell the Property

Jennifer Stout

Realty One Group Eminence License #S.180285 Listed on: 04/02/2020

Realty One Group Eminence

Last Buyer's Agent

Lance Blayney

Coldwell Banker Select Reno License #S.177185

Coldwell Banker Select Reno

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $316

Year Built

  • Built in 1985

Lot Details

  • Property fronts a private road
  • Security Fence
  • Back Yard Fenced

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Brick or Stone Mason
  • Slab Foundation
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,472 Sq Ft Home
  • 3-Story Property
  • Double Pane Windows
  • Blinds
  • Family Room
  • Combination Kitchen and Dining Room
  • Home Office
  • Laminate Flooring
  • Laundry Room
  • Finished Basement

Kitchen

  • Built-In Oven
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

Parking

  • Parking Available
  • Common or Shared Parking
  • Assigned Parking

Schools

  • Duncan Elementary School
  • Traner Middle School
  • Hug High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Electric Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Additional Features

  • Storage Shed
  • Ground Level

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 00843422

Community Details

Overview

  • Association fees include snow removal, utilities
  • $150 HOA Transfer Fee
  • Western Nv Mgt (Park Terrace) Association, Phone Number (775) 284-4434
  • On-Site Maintenance
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Snow Removal

Security

  • Gated Community
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$316

Year Built

Built in 1985

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Year Built: 1985
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Horses: No
  • Lot Features: Level
  • Road Frontage Type: Private Road, Other
  • Security Features: Security Fence, Smoke Detector(s)
  • Association Amenities: Gated, Maintenance Grounds, Maintenance Structure, Parking
  • Association Fees: 200.0
  • Association Fee Frequency: Monthly
  • Association Fee Inclusions: Snow Removal, Utilities
  • Has H O A?: Yes
  • Co List Office Mls Id: 2310-o
  • Co List Office Phone: 775-683-3360
  • Directions: E 9th st - Sage st - Park Terrace Gate
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Living Area: 1472.0
  • Property Attached Yn: Yes
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Duncan
  • Tax Legal Middle Or Junior School2: Traner
  • Tax Legal High School: Hug
  • Tax Legal Tax Annual Amount: 316.43
  • Tax Legal Zoning4: MF30
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 200.0
  • Building Stories5: 3
  • Building Property Attached Y N: Yes
  • Building Home Warranty Y N: Yes
  • Lot Horse Y N2: No
  • Association Details Transfer Fee: 150.0
  • Fencing Back Yard: Yes
  • Cooling Electric: Yes
  • Foundation Details Slab: Yes
  • Lot Features Level: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Typeof Construction Site Stick- Built: Yes
  • Water Heater Electric5: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Appliances Disposal: Yes
  • Personal Property Included Storage Shed: Yes
  • Security Features Smoke Detector(s): Yes
  • Appliances Microwave: Yes
  • Association Amenities Gated: Yes
  • Association Amenities Maintenance Grounds: Yes
  • Association Fee Includes Snow Removal2: Yes
  • Security Features Security Fence: Yes
  • Construction Materials Brick: Yes
  • Other Rooms Office Den: Yes
  • Association Amenities Maintenance Structure: Yes
  • Road Frontage Type Private Road: Yes
  • Road Responsibility Private Maintained Road: Yes
  • Other Rooms Finished Basement: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: Western NV Mgt (Park Terrace)
  • Appliances Electric Range: Yes
  • Association Details Management Company Phone5: 775-284-4434
  • Appliances Included As Personal Property Electric Cooktop2: Yes
  • Appliances Electric Oven: Yes
  • Appliances Included As Personal Property Oven2: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Microwave, Oven, Refrigerator
  • Flooring: Laminate
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Pantry
  • Window Features: Blinds, Double Pane Windows
  • Interior Bathrooms Half: 1
  • Interior Living Area4: 1472.0
  • Interior Fireplace Y N: No
  • Window Features Double Pane Windows: Yes
  • Unit Level Ground Floor: Yes
  • Window Features Blinds: Yes
  • Living Room Features Family Room Combination: Yes
  • Laundry Features Laundry Area: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Dining Room Features Kitchen Combination: Yes
  • Kitchen Features Built- In Microwave: Yes
  • Flooring Laminate: Yes
  • Kitchen Features Built- In Single Oven: Yes
  • Kitchen Features Electric Cooktop3: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Pitched, Shingle
  • Stories: 3
  • Construction Type: Brick, Wood Siding
  • Foundation Details: Slab
  • Construction Materials Wood Siding: Yes
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Has Attached Garage?: No
  • Parking Features: Assigned
  • Parking Information Garage Y N: No
  • Parking Information Carport Y N: No
  • Association Amenities Parking: Yes
  • Parking Features Assigned: 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 Area
  • Cooling: Electric
  • Heating: Electric, Forced Air
  • 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 Internet Available: Yes
  • Heating Forced Air: Yes
  • Water Source Public: Yes
  • Heating Electric4: Yes
  • Association Fee Includes Utilities: Yes

Schools

  • Middle Or Junior School: Traner

Lot Info

  • Parcel Number: 00843422
  • Fencing: Back Yard
  • Zoning: MF30

Tax Info

  • Tax Annual Amount: 316.43

MLS Schools

  • Elementary School: Duncan
  • HighSchool: Hug

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2021
Sold by
Ji Hongli and Gao Xiurong
Bought by
Ji Hongli and Gao Xiurong
Current Estimated Value
$255,687

Purchase Details

Listed on
Apr 2, 2020
Closed on
May 26, 2020
Sold by
Marsani Suresh Prasad and Marsani Milan Shrestha
Bought by
Ji Hongli and Gao Xiurong
Seller's Agent
Jennifer Stout
Realty One Group Eminence
Buyer's Agent
Lance Blayney
Coldwell Banker Select Reno
List Price
$199,000
Sold Price
$190,000
Premium/Discount to List
-$9,000
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.66%
Original Mortgage
$142,500
Outstanding Balance
$126,551
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$129,136

Purchase Details

Closed on
Mar 13, 2014
Sold by
Cordero Eric and Cordero Josephine
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 8, 2007
Sold by
Barajas Abraham G and Barajas Abraham Guadalupe
Bought by
Cordero Eric and Cordero Josephine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,200
Interest Rate
5.97%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 25, 2004
Sold by
Macmahon Patrick J
Bought by
Barajas Abraham Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,400
Interest Rate
6.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 19, 2002
Sold by
Macmahon Patrick J
Bought by
Macmahon Patrick J and The Patrick J Macmahon Family Trust
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
Ji Hongli -- None Available
Ji Hongli $190,000 First Centennial Title Reno
Federal National Mortgage Association $138,919 None Available
Cordero Eric $146,000 First Centennial Title Co
Barajas Abraham G -- First Centennial Title Co
Barajas Abraham Guadalupe $98,000 First Centennial Title Co
Macmahon Patrick J $52,428 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ji Hongli $142,500
Previous Owner Barajas Abraham G $29,200
Previous Owner Cordero Eric $116,800
Previous Owner Barajas Abraham Guadalupe $78,400
Closed Barajas Abraham Guadalupe $19,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/29/2020 05/29/20 Sold $190,000 -4.5% $129 / Sq Ft
04/24/2020 04/24/20 Pending -- -- --
04/02/2020 04/02/20 For Sale $199,000 +258.2% $135 / Sq Ft
05/22/2014 05/22/14 Sold $55,555 +22.4% $56 / Sq Ft View Prior Sale
04/11/2014 04/11/14 Pending -- -- --
04/03/2014 04/03/14 For Sale $45,400 -- $46 / 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 $374 $41,564 $19,425 $22,139
2024 $374 $42,169 $19,005 $23,164
2023 $362 $39,498 $18,690 $20,808
2022 $352 $33,487 $15,330 $18,157
2021 $341 $30,014 $11,585 $18,429
2020 $327 $31,131 $12,320 $18,811
2019 $316 $29,193 $10,640 $18,553
2018 $306 $24,401 $6,055 $18,346
2017 $297 $23,731 $5,320 $18,411
2016 $292 $22,455 $3,605 $18,850
2015 $292 $16,924 $2,940 $13,984
2014 $284 $8,130 $1,610 $6,520
2013 -- $9,079 $1,610 $7,469
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 200004314

Northern Nevada Regional MLS

APN: 008-434-22