NOT LISTED FOR SALE

Estimated Value: $1,335,000 - $2,092,000

2.24 Acres
$740,009 Price per Acre
97,574 Sq Ft Lot

Last Sold June 10, 2021

Last sale price $249,999

Est. 563% increase in value since last sale

Current estimated payment $9,267/month

6 Days on Market

Highlights

  • Horses Allowed On Property
  • 2.24 Acre Lot
  • No HOA
  • Ted Hunsburger Elementary School Rated A-
  • Mountain View
  • Level Lot

About This Lot

As of June 2021

Buyer changed his mind within 24 hours. This is your chance, leave the multiple-offer rat race behind and build your dream home on this fantastic lot. Ready to build lot, close to town, shopping, skiing and Lake Tahoe. All work has been done, seller will provide building plans, survey results and permits to the buyer. Electricity, sewer and natural gas available at the property. Needs a well. Best of all, NO HOA., Lot is level with a gentle up/down slope, 2.24 acres. Beautiful views of the valley adn the mountains. Great location, close to everything. According to Washoe County Zoning, lot may possibly be subdivided into two 1-acre parcels. Buyer and buyer's agent to verify with City of Reno and Washoe County.

Last Agent to Sell the Property

Linda Nordblad

RE/MAX Gold License #S.168267 Listed on: 05/15/2021

RE/MAX Gold

Last Buyer's Agent

Taylor Baruh

RE/MAX Gold-Midtown License #S.191379

RE/MAX Gold-Midtown

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,254

Lot Details

  • 2.24 Acre Lot
  • Property fronts an easement
  • Level Lot
  • Open Lot
  • Corners Of The Lot Have Been Marked
  • Property is zoned LDS

Property Views

  • Mountain
  • Valley

Schools

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

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Well Required
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 15021303

Property Details

Property Type

Land

Est. Annual Taxes

$1,254

Lot Details

0

Listing Details

  • Property Type: Land
  • Horses: Yes
  • Lot Features: Gentle Sloping, Level, Open Lot, Sloped Down, Sloped Up, Corners Marked
  • Lot Size Acres: 2.24
  • Road Frontage Type: Other, Public Access
  • Road Surface Type: Paved
  • Has View?: Yes
  • Has H O A?: No
  • Co List Office Mls Id: 1514-o
  • Co List Office Phone: 775-787-3629
  • Directions: Mount Rose Hwy, left on Fawn Lane
  • Tax Legal Zoning4: LDS
  • Lot Features Sloped Down: Yes
  • Lot Features Level: Yes
  • Sewer Public Sewer: 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 Valley: Yes
  • Tax Legal Elementary School2: Hunsberger
  • Tax Legal High School2: Galena
  • Tax Legal Tax Annual Amount3: 1254.01
  • Tax Legal Middleor Junior School3: Marce Herz
  • Association Community Association Y N: No
  • Lot Lot Size Acres: 2.24
  • 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
  • Development Status Raw Land: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountain(s), Valley

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available
  • Water Source: Well Needed
  • Sewer: Public Sewer
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Sewer Available: Yes
  • Water Source Well Needed: Yes

Schools

  • Middle Or Junior School: Marce Herz

Lot Info

  • Parcel Number: 15021303
  • Fencing: None
  • Development Status: Raw Land
  • Lot Size Sq Ft: 97574.4
  • Crops Included: No
  • Zoning: LDS

Tax Info

  • Tax Annual Amount: 1254.01

MLS Schools

  • Elementary School: Hunsberger
  • HighSchool: Galena

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2021
Closed on
Jun 5, 2021
Sold by
Decrescentis Dominic Anthony and Decrescentis Cynthia Elizabeth
Bought by
Murphy Kenneth H and Murphy Dana S
Seller's Agent
Linda Nordblad
RE/MAX Gold
Buyer's Agent
Taylor Baruh
RE/MAX Gold-Midtown
List Price
$249,900
Sold Price
$249,999
Premium/Discount to List
$99
0.04%
Current Estimated Value
$1,657,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,407,622
Avg. Annual Appreciation
54.99%

Purchase Details

Listed on
Nov 10, 2015
Closed on
Dec 8, 2015
Sold by
Myres Eva Sue
Bought by
Decrescentis Dominic Anthony and Decrescentis Cynthia Elizabeth
Seller's Agent
Elizabeth Redshaw
Ferrari-Lund Real Estate Reno
Buyer's Agent
Jennifer Colley
LPT Realty, LLC
List Price
$185,000
Sold Price
$165,000
Premium/Discount to List
-$20,000
-10.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.86%
Original Mortgage
$115,000
Interest Rate
3.71%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 10, 2013
Sold by
Myres Eva Sue
Bought by
Myres Eva Sue and Eva Sue Myres Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Murphy Kenneth H $249,999 Ticor Title Reno
Decrescentis Dominic Anthony $165,000 First Centennial Reno
Myres Eva Sue -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Kenneth H $390,000
Previous Owner Decrescentis Dominic Anthony $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2021 06/10/21 Sold $249,999 0.0% --
05/20/2021 05/20/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $249,900 0.0% --
05/16/2021 05/16/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $249,900 +51.5% --
12/16/2015 12/16/15 Sold $165,000 -10.8% --
11/17/2015 11/17/15 Pending -- -- --
11/10/2015 11/10/15 For Sale $185,000 -- --
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 $5,233 $209,778 $96,250 $113,528
2024 $5,233 $91,640 $87,500 $4,140
2023 $1,557 $82,437 $78,750 $3,687
2022 $1,442 $73,069 $70,000 $3,069
2021 $1,335 $61,865 $58,765 $3,100
2020 $1,254 $59,017 $55,965 $3,052
2019 $1,194 $58,976 $55,965 $3,011
2018 $1,140 $56,226 $53,288 $2,938
2017 $1,094 $53,768 $50,750 $3,018
2016 $1,066 $46,843 $43,750 $3,093
2015 $266 $44,974 $42,000 $2,974
2014 $1,031 $37,971 $35,000 $2,971
2013 -- $30,887 $28,000 $2,887
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 210006573

Northern Nevada Regional MLS

APN: 150-213-03