NOT LISTED FOR SALE

Estimated Value: $823,228 - $951,000

5 Beds
2.5 Baths
3,412 Sq Ft
$253/Sq Ft Est. Value

Last Sold June 04, 2012

Last sale price $220,000 $64 Per Sq Ft

Est. 293% increase in value since last sale

Current estimated payment $4,756/month

196 Days on Market

Highlights

  • RV Access or Parking
  • Property is near a lake
  • Lake, Pond or Stream
  • Jessie Beck Elementary School Rated A-
  • Mountain View
  • 1-minute walk to Virginia Lake Park

About This Home

As of June 2012

HAFA APPROVED SHORT SALE! This beautiful executive Home is situated on Virginia Lake in prestigious South-West Reno, close to shopping, dining, and all the activities Reno has to offer. Spacious floor plan features 5 bedrooms plus office/den, large open family room, formal living and dining rooms, large open kitchen and was remodeled in 2005 with fresh paint, new carpet, crown molding and so much more. The outside features a quiet, peaceful back yard and RV access and storage shed., This is a HAFA Approved short Sale and some restrictions apply. Buyer must be pre-approved or show proof of funds. Escrow must close within 60 days of accepted offer. Buyer cannot sell the property for at least 90 days of COE. Buyer must sign an "Arm's Length Transaction" statement. HAFA will approve sale within 10 business days of receipt of all documents. Escrow has been opened.

Last Agent to Sell the Property

Brian Jenks

Ferrari-Lund Real Estate Reno License #S.38877 Listed on: 10/20/2011

Ferrari-Lund Real Estate Reno

Last Buyer's Agent

Vicki Keever

Ferrari-Lund Real Estate Reno License #S.42434

Ferrari-Lund Real Estate Reno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,931

Year Built

  • Built in 1978

Lot Details

  • 6,098 Sq Ft Lot
  • Dog Run
  • Back Yard Fenced
  • Landscaped
  • Corner Lot
  • Level Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Property is zoned SF6

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Home Design

  • Brick or Stone Veneer
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 3,412 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Double Pane Windows
  • Drapes & Rods
  • Blinds
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Home Office
  • Mountain Views
  • Finished Basement
  • Crawl Space
  • Laundry Room

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom

Outdoor Features

  • Property is near a lake
  • Lake, Pond or Stream
  • Patio
  • Storage Shed

Schools

  • Beck Elementary School
  • Swope 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

Community Details

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

Listing and Financial Details

  • Short Sale
  • Home warranty included in the sale of the property
  • Assessor Parcel Number 01909223

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,931

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1978
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Adjoins Lake, Corner Lot, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Acres: 0.14
  • Road Frontage Type: Other
  • Has View?: Yes
  • Association Amenities: None
  • Has H O A?: No
  • Co List Office Mls Id: 643-o
  • Co List Office Phone: 775-688-4000
  • Special Conditions: Short Sale
  • Directions: Hillcrest
  • Has Cooling?: Yes
  • Has Fireplace?: Yes
  • Living Area: 3412.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Beck
  • Tax Legal Middle Or Junior School2: Swope
  • Tax Legal High School: Reno
  • Tax Legal Tax Annual Amount: 1931.0
  • Tax Legal Zoning4: SF6
  • Association Community Association Y N3: No
  • Building Stories5: 2
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 0.14
  • Lot Lot Size Square Feet2: 6098.4
  • Lot Horse Y N2: No
  • Lot View Y N2: Yes
  • Fencing Back Yard: Yes
  • Lot Features Landscaped: Yes
  • Cooling Central Air: Yes
  • Foundation Details Crawl Space: Yes
  • Lot Features Level: Yes
  • Lot Features Sprinklers In Front: Yes
  • Lot Features Sprinklers In Rear: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Sprinklers Front: Yes
  • Sprinklers Rear: Yes
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Cooling Refrigerated: Yes
  • Appliances Disposal: Yes
  • Outdoor Living Spaces Patio2: Yes
  • Personal Property Included Storage Shed: Yes
  • Sprinklers Drip System In Front: Yes
  • View Mountain(s): Yes
  • Water Heater Gas5: Yes
  • Sprinklers Automatic: Yes
  • Lot Features Corner Lot: Yes
  • Construction Materials Brick: Yes
  • Other Rooms Office Den: Yes
  • Special Listing Conditions Short Sale: Yes
  • Other Rooms Finished Basement: Yes
  • Water Body Type Lake2: Yes
  • Water Body View Yes2: Yes
  • Construction Materials Masonry Veneer: Yes
  • Lot Features Adjoins Lake: Yes
  • Special Features: 12
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Interior Amenities: Central Vacuum, Walk-In Closet(s)
  • Window Features: Blinds, Double Pane Windows, Drapes
  • Interior Bathrooms Half: 1
  • Interior Living Area4: 3412.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Fireplace Features Living Room: Yes
  • Window Features Double Pane Windows: Yes
  • Living Room Features Separate Formal Room: Yes
  • Dining Room Features Separate Formal Room2: Yes
  • Family Room Features Separate Formal Room3: Yes
  • Window Features Blinds: Yes
  • Window Features Drapes: Yes
  • Primary Bedroom Features Tub Shower Combination: Yes
  • Flooring Ceramic Tile: Yes
  • Laundry Features Laundry Area: Yes
  • Laundry Features Laundry Room: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Fireplace Features Family Room: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes
  • Interior Features Central Vacuum: Yes

Exterior Features

  • Exterior Features: Dog Run
  • Roof: Composition, Pitched, Shingle
  • Stories: 2
  • View: Mountain(s)
  • Construction Type: Brick, Wood Siding, Masonry Veneer
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Patio
  • Construction Materials Wood Siding: Yes
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes
  • Exterior Features Dog Run: Yes

Garage/Parking

  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Garage Spaces: 2.0
  • Has Attached Garage?: Yes
  • Parking Features: Attached, RV Access/Parking
  • Total Parking Spaces: 2.0
  • Parking Information Garage Y N: Yes
  • Parking Information Garage Spaces: 2.0
  • Parking Information Carport Y N: No
  • Parking Information Parking Total: 2.0
  • Parking Features Attached: Yes
  • Parking Features R V Access Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: Laundry Area, Laundry Room
  • Cooling: Central Air, Refrigerated
  • Heating: Forced Air, Natural Gas
  • 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
  • Heating Natural Gas: Yes
  • Water Source Public: Yes

Schools

  • Middle Or Junior School: Swope

Lot Info

  • Parcel Number: 01909223
  • Fencing: Back Yard
  • Lot Size Sq Ft: 6098.4
  • Zoning: SF6

Tax Info

  • Tax Annual Amount: 1931.0

MLS Schools

  • Elementary School: Beck
  • HighSchool: Reno

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2011
Closed on
Jun 1, 2012
Sold by
Gwartney Clifford and Gwartney Susan M
Bought by
Gwartney Clifford and Gwartney Susan M
Seller's Agent
Brian Jenks
Ferrari-Lund Real Estate Reno
Buyer's Agent
Vicki Keever
Ferrari-Lund Real Estate Reno
List Price
$264,900
Sold Price
$220,000
Premium/Discount to List
-$44,900
-16.95%
Current Estimated Value
$863,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$643,807
Avg. Annual Appreciation
10.74%

Purchase Details

Listed on
Oct 20, 2011
Closed on
May 25, 2012
Sold by
Pantazis Steven
Bought by
Gwartney Cliff and Gwartney Susan
Seller's Agent
Brian Jenks
Ferrari-Lund Real Estate Reno
Buyer's Agent
Vicki Keever
Ferrari-Lund Real Estate Reno
List Price
$264,900
Sold Price
$220,000
Premium/Discount to List
-$44,900
-16.95%

Purchase Details

Closed on
Dec 2, 2004
Sold by
Ivie Earnest D
Bought by
Pantazis Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
4.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 1, 1998
Sold by
Ivie Mona
Bought by
Ivie Earnest D
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
Gwartney Clifford -- None Available
Gwartney Cliff $220,000 First Centennial Reno
Pantazis Steven $379,000 Stewart Title Of Northern Nv
Ivie Earnest D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pantazis Steven $279,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2012 06/04/12 Sold $220,000 -16.9% $64 / Sq Ft
05/03/2012 05/03/12 Pending -- -- --
10/20/2011 10/20/11 For Sale $264,900 -- $78 / 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 $2,822 $106,659 $50,778 $55,881
2024 $2,822 $106,423 $48,825 $57,598
2023 $2,742 $99,661 $44,510 $55,151
2022 $2,663 $84,806 $37,863 $46,943
2021 $2,586 $80,782 $33,075 $47,707
2020 $2,509 $81,934 $33,075 $48,859
2019 $2,437 $77,829 $29,925 $47,904
2018 $2,362 $71,218 $23,625 $47,593
2017 $2,296 $65,681 $17,357 $48,324
2016 $2,238 $65,903 $16,286 $49,617
2015 $2,234 $64,884 $14,333 $50,551
2014 $2,169 $61,669 $12,254 $49,415
2013 -- $57,137 $8,096 $49,041
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 110014360

Northern Nevada Regional MLS

APN: 019-092-23