Seller's Agent in 2021
Shane Avansino
Ink Realty
(775) 690-5628
2 in this area
73 Total Sales
155 University Terrace Unit B Reno, NV 89503
West University NeighborhoodEstimated Value: $364,000 - $445,000
2
Beds
2
Baths
1,498
Sq Ft
436
Sq Ft Lot
Highlights
- City View
- Furnished
- No HOA
- Reno High School Rated A
- Great Room
- Double Pane Windows
About This Home
As of October 2021NO HOAs, repeat, NO HOA's!! Premium University Neighborhood condominium. The neighborhood is up and coming and the modern architecture of this property fits in as a centerpiece. 180-degree view of downtown Reno to the foothills of Sparks. New Year’s Eve and Reno Aces Fireworks from your private deck. Five-minute walk to the Quad on the University of Nevada, 12 minutes to Mackay Stadium and Lawlor Event Center. Five minutes walk to the Row on Downtown and five more minutes to the Truckee River., Two-minute access to I80E and I80W! Two dedicated parking places, feet from the electronically locked front door. ALL Appliances, including washer and dryer! 90% furnished and ready to move in on day one. All furnishings included in the sale!! Newer carpet and water-resistant laminate. Ecobee electronic thermostat and 4K Smart TV included upstairs. Flat-screen TVs in both bedrooms. Upgraded high-end, low e, double pane sliding glass door and windows with integrated blinds make for a brilliant viewing of downtown! Proven 3.5 years of Airbnb rental history, with 45+ weekends booked, pre-pandemic per year. Professionally cleaned after each guest, so it has been maintained and guest-ready every day for almost four years. Ownership of the building and land with two stable and dependable partners. 28.5% share of building maintenance and independent tax bill with the shared ownership of the land and building. Gardening is contracted and split among owners. NOT INCLUDED in the sale, some of the art and pictures as well as the Hutch in the dining room. Please inquire with listing agent regarding wall hanging artwork and pictures for items that are included and not included in sale.
Last Buyer's Agent
Ryan Frey
eXp Realty License #S.190158
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,949
Year Built
- Built in 2004
Lot Details
- Fenced Front Yard
- Landscaped
- Lot Sloped Down
- Front and Back Yard Sprinklers
- Sprinklers on Timer
Property Views
- City
- Woods
- Mountain
Home Design
- Flat Roof Shape
- Stick Built Home
- Stucco
Interior Spaces
- 1,498 Sq Ft Home
- 2-Story Property
- Furnished
- Double Pane Windows
- Low Emissivity Windows
- Vinyl Clad Windows
- Drapes & Rods
- Great Room
- Family Room
- Combination Dining and Living Room
- Crawl Space
- Smart Thermostat
Kitchen
- Built-In Oven
- Gas Cooktop
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Bathtub and Shower Combination in Primary Bathroom
Laundry
- Laundry in Hall
- Dryer
- Washer
Schools
- Elmcrest Elementary School
- Clayton Middle School
- Reno High School
Utilities
- Refrigerated Cooling System
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
- Internet Available
- Phone Available
- Cable TV Available
Additional Features
- Patio
- Mid level unit with steps
Listing and Financial Details
- Home warranty included in the sale of the property
- Assessor Parcel Number 00745002
Community Details
Overview
- No Home Owners Association
- The community has rules related to covenants, conditions, and restrictions
Security
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 16, 2021
Closed on
Oct 22, 2021
Sold by
Obrien Martha Cecilia
Bought by
Obrien Aaron
Seller's Agent
Shane Avansino
Ink Realty
Buyer's Agent
Ryan Frey
eXp Realty
List Price
$494,500
Sold Price
$380,000
Premium/Discount to List
-$114,500
-23.15%
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
$22,454
Avg. Annual Appreciation
1.46%
Original Mortgage
$361,000
Outstanding Balance
$329,198
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$73,256
Purchase Details
Listed on
Apr 16, 2021
Closed on
Oct 20, 2021
Sold by
Morrison Monte C and Morrison Amy M
Bought by
Obrien Samuel and Obrien Aaron
Seller's Agent
Shane Avansino
Ink Realty
Buyer's Agent
Ryan Frey
eXp Realty
List Price
$494,500
Sold Price
$380,000
Premium/Discount to List
-$114,500
-23.15%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,000
Outstanding Balance
$329,198
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$73,256
Purchase Details
Closed on
Dec 14, 2012
Sold by
Robertson Colin M and Robertson Monica L
Bought by
Morrison Monte C and Morrison Amy M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
3.35%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 22, 2005
Sold by
Ballard Steven A and Ballard Marlene F
Bought by
Robertson Colin M and Robertson Monica L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,200
Interest Rate
7.12%
Mortgage Type
Credit Line Revolving
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 |
|---|---|---|---|
| Obrien Aaron | -- | Stewart Title | |
| Obrien Samuel | $380,000 | Stewart Title | |
| Morrison Monte C | $133,000 | Ticor Title | |
| Robertson Colin M | $299,000 | Western Title Incorporated |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Obrien Aaron | $361,000 | |
| Closed | Obrien Samuel | $361,000 | |
| Previous Owner | Morrison Monte C | $106,400 | |
| Previous Owner | Robertson Colin M | $239,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/26/2021 10/26/21 | Sold | $380,000 | -5.0% | $254 / Sq Ft |
| 08/13/2021 08/13/21 | Pending | -- | -- | -- |
| 07/22/2021 07/22/21 | Price Changed | $399,900 | -2.4% | $267 / Sq Ft |
| 07/08/2021 07/08/21 | Price Changed | $409,900 | -3.5% | $274 / Sq Ft |
| 06/11/2021 06/11/21 | Price Changed | $424,900 | -5.6% | $284 / Sq Ft |
| 05/24/2021 05/24/21 | Price Changed | $449,900 | -2.1% | $300 / Sq Ft |
| 05/11/2021 05/11/21 | Price Changed | $459,500 | -7.1% | $307 / Sq Ft |
| 04/26/2021 04/26/21 | For Sale | $494,500 | -- | $330 / 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 | $2,265 | $79,036 | $28,700 | $50,336 |
| 2024 | $2,265 | $78,875 | $27,195 | $51,680 |
| 2023 | $2,200 | $73,276 | $25,900 | $47,376 |
| 2022 | $2,143 | $63,431 | $23,835 | $39,596 |
| 2021 | $2,073 | $57,542 | $18,025 | $39,517 |
| 2020 | $1,949 | $57,477 | $17,150 | $40,327 |
| 2019 | $1,855 | $55,313 | $17,150 | $38,163 |
| 2018 | $1,771 | $48,259 | $10,850 | $37,409 |
| 2017 | $1,745 | $48,098 | $10,850 | $37,248 |
| 2016 | $1,702 | $48,244 | $10,850 | $37,394 |
| 2015 | $1,698 | $47,858 | $9,450 | $38,408 |
| 2014 | $1,645 | $44,849 | $7,875 | $36,974 |
| 2013 | -- | $43,946 | $7,350 | $36,596 |
Source: Public Records
Agents Affiliated with this Home
-
Shane Avansino
-
R
Buyer's Agent in 2021
Ryan Frey
eXp Realty
Map
Source: Northern Nevada Regional MLS
MLS Number: 210005016
APN: 007-450-02
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