NOT LISTED FOR SALE

16070 N Timberline Dr Reno, NV 89511

Summit Sierra Neighborhood

Estimated Value: $163,000 - $533,000

1 Acre
$371,333 Price per Acre
43,560 Sq Ft Lot

Last Sold May 24, 2019

Last sale price $210,000

Est. 77% increase in value since last sale

Current estimated payment $2,060/month

315 Days on Market

Highlights

  • 1 Acre Lot
  • Mountain View
  • Lot Sloped Down
  • Ted Hunsburger Elementary School Rated A-
  • No HOA

About This Lot

As of May 2019

Beautiful 1 acre view lot in Southwest Reno off Mt. Rose Highway. Gentle down slope N.Timberline Dr. with awesome views of Mt. Rose, Slide Mountain and Mt. Rose Ski Area, and the valley below. No HOA. Water and sewer permits available. Nice upscale neighborhood with large acre + lots and unique homes. Minutes to shopping and Reno-Tahoe Airport. Minutes to Mt. Rose Ski Area.

Last Agent to Sell the Property

Michael Pevy

Ferrari-Lund Real Estate South License #BS.44223 Listed on: 06/26/2018

Ferrari-Lund Real Estate South

Last Buyer's Agent

Wendy McPhail

Dickson Realty - Caughlin License #S.174972

Dickson Realty - Caughlin

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $711

Lot Details

  • 1 Acre Lot
  • Corners Of The Lot Have Been Marked
  • Lot Sloped Down
  • Property is zoned LDS

Property Views

  • Mountain
  • Valley

Schools

  • Hunsberger Elementary School
  • Pine Middle School
  • Galena High School

Community Details

  • No Home Owners Association
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 04907037

Property Details

Property Type

Land

Est. Annual Taxes

$711

Lot Details

0

Listing Details

  • Property Type: Land
  • Horses: No
  • Lot Features: Gentle Sloping, Sloped Down, Corners Marked
  • Lot Size Acres: 1.0
  • Road Frontage Type: Other, Public Access
  • Road Surface Type: Paved
  • Has View?: Yes
  • Has H O A?: No
  • Co List Office Mls Id: 1332-o
  • Co List Office Phone: 775-850-7033
  • Directions: Mt. Rose Highway
  • Tax Legal Zoning4: LDS
  • Lot Features Sloped Down: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Water Rights Water Rights Y N: No
  • View Mountain(s): Yes
  • Lot Features Gentle Sloping: Yes
  • View Valley: Yes
  • Tax Legal Elementary School2: Hunsberger
  • Tax Legal High School2: Galena
  • Tax Legal Tax Annual Amount3: 711.16
  • Tax Legal Middleor Junior School3: Pine
  • Association Community Association Y N: No
  • Lot Lot Size Acres: 1.0
  • Lot View Y N4: Yes
  • Lot Horse Y N4: No
  • Lot Features Corners Marked: Yes
  • Land Details Crops Included Y N: No
  • Land Details Deed Restrictions: No
  • Land Details Utility Easement Y N: Yes
  • Development Status Raw Land: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountain(s), Valley

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Sewer: Public Sewer
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Water Source Public: Yes

Schools

  • Middle Or Junior School: Pine

Lot Info

  • Parcel Number: 04907037
  • Fencing: None
  • Development Status: Raw Land
  • Lot Size Sq Ft: 43560.0
  • Crops Included: No
  • Zoning: LDS

Tax Info

  • Tax Annual Amount: 711.16

MLS Schools

  • Elementary School: Hunsberger
  • HighSchool: Galena

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2024
Sold by
Lisa Colety Family Trust and Colety Lisa Stoddard
Bought by
Keller Douglas and Lepage Denise
Current Estimated Value
$371,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Outstanding Balance
$183,992
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$187,341

Purchase Details

Closed on
Feb 25, 2021
Sold by
Colety Lisa S
Bought by
Colety Lisa Stoddard and Lisa Colety Family Trust

Purchase Details

Listed on
Jun 26, 2018
Closed on
May 21, 2019
Sold by
Smith Dean R
Bought by
Colety Lisa S and Keller Douglas
Seller's Agent
Michael Pevy
Ferrari-Lund Real Estate South
Buyer's Agent
Wendy McPhail
Dickson Realty - Caughlin
List Price
$230,000
Sold Price
$210,000
Premium/Discount to List
-$20,000
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.33%
Original Mortgage
$158,250
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 1996
Sold by
Cathexes Inc
Bought by
Smith Dean R
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
Keller Douglas -- Stewart Title
Keller Douglas $150,000 Stewart Title
Keller Douglas -- Stewart Title
Colety Lisa Stoddard -- None Available
Colety Lisa S $210,000 First Centennial Reno
Smith Dean R -- First Centennial Reno
Smith Dean R $40,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keller Douglas $187,000
Closed Keller Douglas $0
Previous Owner Colety Lisa S $158,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2019 05/24/19 Sold $210,000 -8.7% --
05/07/2019 05/07/19 Pending -- -- --
10/03/2018 10/03/18 For Sale $230,000 +9.5% --
09/30/2018 09/30/18 Off Market $210,000 -- --
06/26/2018 06/26/18 For Sale $230,000 -- --
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 $1,093 $112,000 $112,000 --
2024 $1,093 $103,250 $103,250 --
2023 $1,012 $96,250 $96,250 $0
2022 $701 $85,750 $85,750 $0
2021 $868 $71,750 $71,750 $0
2020 $815 $71,750 $71,750 $0
2019 $777 $68,250 $68,250 $0
2018 $741 $61,250 $61,250 $0
2017 $694 $52,500 $52,500 $0
2016 $694 $42,000 $42,000 $0
2015 $173 $35,000 $35,000 $0
2014 $670 $29,750 $29,750 $0
2013 -- $24,500 $24,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 180009031

Northern Nevada Regional MLS

APN: 049-070-37