NOT LISTED FOR SALE

1945 Phaethon Ln Unit Homesite 407 Reno, NV 89521

Virginia Foothills Neighborhood

Estimated Value: $717,000 - $731,000

2 Beds
2 Baths
1,673 Sq Ft
$432/Sq Ft Est. Value

Last Sold October 16, 2019

Last sale price $418,545 $250 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $4,758/month

115 Days on Market

Highlights

  • Wood Flooring
  • Nick Poulakidas Elementary School Rated A-
  • 1 Fireplace

About This Home

As of October 2019

The open design of the delightful Delamar - Mountain creates a warm dynamic for hosting events of any kind. Any entertaining you do can easily be extended outdoors – the expansive rear covered patio can be accessed from the great room. The appealing den could serve as a secluded space for alone time, or as a home office. Other highlights include a covered entry opening to a spacious foyer; a smartly designed kitchen with a pantry and a center island; and an impressive master bedroom featuring a spacious, master bath with two vanities, a shower with a seat, and an enormous walk-in closet. Toll Brothers' first Active Adult 55+ community in Reno offers resort-style amenities and a low-maintenance lifestyle. Regency homeowners enjoy an exclusive 17,000 square foot clubhouse with indoor pool, grand lounge, library and lifestyle director. Home is Move in ready. Taxes are of land only.

Last Agent to Sell the Property

Michael Wood

RE/MAX Professionals-Reno License #S.65411 Listed on: 05/13/2019

RE/MAX Professionals-Reno

Last Buyer's Agent

Yahaira Brown

Berkshire Hathaway HomeService License #S.184356

Berkshire Hathaway HomeService

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,054

Year Built

  • Built in 2019

Lot Details

  • 5,227 Sq Ft Lot
  • Property is zoned PUD

HOA Fees

  • $294 per month

Parking

  • 2 Car Garage

Home Design

  • Pitched Roof
  • Tile Roof

Interior Spaces

  • 1,673 Sq Ft Home
  • 1 Fireplace

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Double Diamond Elementary School
  • Depoali Middle School
  • Damonte High School

Utilities

  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 14160323

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,054

Year Built

Built in 2019

Lot Details

0

HOA Fees

$294 per month

Parking

2

Listing Details

  • Year Built: 2019
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Road Frontage Type: Other
  • Co List Office Mls Id: 1934-o
  • Co List Office Phone: 775-345-3070
  • Directions: Regency Park Dr/ Steamboat Pkwy
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Gas Range, Microwave
  • Flooring: Carpet, Ceramic Tile, Wood
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Interior Amenities: Breakfast Bar, Kitchen Island, Primary Downstairs, Smart Thermostat, Walk-In Closet(s)
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows, Low-Emissivity Windows, Vinyl Frames

Exterior Features

  • Exterior Features: None
  • Roof: Pitched, Tile
  • Stories: 1
  • Construction Type: Stucco, Masonry Veneer
  • Foundation Details: Slab
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cellular Coverage, Water Meter Installed
  • Water Source: Public
  • Laundry Features: Cabinets, Laundry Area, Laundry Room
  • Cooling: Central Air, ENERGY STAR Qualified Equipment, Refrigerated
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association #2 Fee: 100.5

Schools

  • Middle Or Junior School: Depoali

Lot Info

  • Parcel Number: 14160323
  • Fencing: Back Yard
  • Lot Size Sq Ft: 5227.2
  • Zoning: PUD

Tax Info

  • Tax Annual Amount: 1054.42

MLS Schools

  • Elementary School: Double Diamond
  • HighSchool: Damonte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2019
Closed on
Oct 9, 2019
Sold by
Toll South Reno Llc
Bought by
Marshall Grayson
Seller's Agent
Michael Wood
RE/MAX Professionals-Reno
Buyer's Agent
Yahaira Brown
Berkshire Hathaway HomeService
List Price
$545,995
Sold Price
$418,545
Premium/Discount to List
-$127,450
-23.34%
Total Days on Market
115
Current Estimated Value
$722,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,582
Avg. Annual Appreciation
10.19%
Original Mortgage
$334,836
Outstanding Balance
$295,980
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$426,147

Purchase Details

Listed on
May 13, 2019
Closed on
Oct 3, 2019
Sold by
Braman Elizabeth A
Bought by
Marshall Grayson
Seller's Agent
Michael Wood
RE/MAX Professionals-Reno
Buyer's Agent
Yahaira Brown
Berkshire Hathaway HomeService
List Price
$545,995
Sold Price
$418,545
Premium/Discount to List
-$127,450
-23.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,836
Outstanding Balance
$295,980
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$426,147
Source: Public Records

Similar Homes in the area

  • 10245 Cavalry Cir, Reno, NV 89521

    $900,000

    • 4 Beds
    • 2.5 Baths
    • 2,671 Sq Ft
    • 10245 Cavalry Cir
    • Reno, NV

    A must see 1 story home with breathtaking views of Mt. Rose, the Sierras, & all of Reno. Entertainer's dream with tons of parking, formal dining room, open-concept living area that flows out to the fully enclosed, permitted sunroom included in sqft (with swim spa, heating, & A/C) & the beautiful low maintenance yard that boasts pavers & a 12'x14' color-matched Tuff Shed. The finished 3-car garage

    Jordan Ames eXp Realty, LLC

    Section Image
  • 1831 Mountain Vista Way, Reno, NV 89519

    $550,000

    • 2 Beds
    • 2.5 Baths
    • 1,757 Sq Ft
    • 1831 Mountain Vista Way
    • Reno, NV

    NEW MAJOR PRICE IMPROVEMENT! Charming 2-bedroom, 2.5-bath home in the highly sought-after well-established Southwest Reno community within the Lakeridge neighborhood. Offering 1,757 sq ft of thoughtfully designed living space, this home features a ground-floor den/study—perfect for a home office or an optional third bedroom. Step inside and be greeted by soaring high ceilings in the living room,

    Anthony Smith LPT Realty, LLC

    Section Image
  • 3135 Villa Marbella Cir, Reno, NV 89509

    $898,000

    • 4 Beds
    • 2.5 Baths
    • 3,508 Sq Ft
    • 3135 Villa Marbella Cir
    • Reno, NV

    Located in one of Reno’s most sought after neighborhoods, old southwest Reno off Skyline Blvd. This unbelievable home will not disappoint. With 3500 sq ft of living area all on one level, 4 bedrooms, 2.5 bathrooms and an attached fully finished SIX CAR GARAGE, with additional storage area with power (19’ x 9'). This home is a must show. Massive great room (33’ x 22’) with gas lit fireplace leads

    Jerry Morrissey Allison James Estates & Homes

    Section Image
  • 556 Vaquero Ct, Reno, NV 89506

    $649,900

    • 4 Beds
    • 3 Baths
    • 2,860 Sq Ft
    • 556 Vaquero Ct
    • Reno, NV

    Welcome to your dream home, built in 2021 and nestled in one of the largest lots in the cul-de-sac! This stunning 2860 square foot residence combines modern elegance with functional design, featuring beautiful LVP flooring throughout the downstairs and higher ceilings that create an open and airy feel upstairs., The heart of the home is the expansive open-concept kitchen, perfect for

    Sara Sharkey RE/MAX Professionals-Sparks

    Section Image
  • 100 Wintercrest Dr, Verdi, NV 89439

    $672,900

    • 4 Beds
    • 2 Baths
    • 1,820 Sq Ft
    • 100 Wintercrest Dr
    • Verdi, NV

    If you are looking for a quiet tranquil lifestyle, grab your fishing pole and picnic basket and come enjoy the few and fortunate living in the River Oak community, which borders the beautiful Truckee River. Only 9 miles to downtown Reno and 23 miles to Truckee. This outstanding corner lot, single story 1820 sq ft home offers 4 bedrooms, 2 full baths (both recently remodeled) and a fully finished

    Jerry Morrissey Allison James Estates & Homes

    Section Image
  • 9680 Thesolious Ln, Reno, NV 89521

    $739,000

    • 2 Beds
    • 2 Baths
    • 1,661 Sq Ft
    • 9680 Thesolious Ln
    • Reno, NV

    This well-maintained home offers a comfortable open great room concept ideal for modern living. The spacious kitchen is part of the great room w/ dining area providing plenty of room for everyday meals and entertaining. Step outside to the private, xeriscaped backyard on a premium large lot with an extended paver patio—perfect for enjoying the views and low-maintenance outdoor living. Additional

    Margie McIntyre Dickson Realty - Damonte Ranch

    Section Image
  • 2265 Renzo Way, Reno, NV 89521

    $899,000

    • 4 Beds
    • 2.5 Baths
    • 2,077 Sq Ft
    • 2265 Renzo Way
    • Reno, NV

    This YARD! Sitting on a landscaped 1/4 acre as one of the largest lots in the heart of Damonte Ranch brings all your big yard, outdoor entertaining, kids playing, dogs running about, enjoying Mt Rose views around your fire pit dreams come true! Open-concept single level home, beautifully renovated and incredibly maintained. Large primary suite w/ separate walk-in closets and separate vanities and

    Elizabeth Marty Real Broker LLC

    Section Image
  • 9480 Flying Horse Rd, Reno, NV 89521

    $905,000

    • 3 Beds
    • 2.5 Baths
    • 2,369 Sq Ft
    • 9480 Flying Horse Rd
    • Reno, NV

    Beautiful Toll Brothers home in sought after Bella Vista Ranch! This highly upgraded, single story, very popular floor plan does not become available very often. Experience the stunning 12-foot, dramatic ceilings leading into an expansive great room. Beautiful wood floors throughout. The upgraded kitchen and modern island are perfect for entertaining. Large walk-in pantry. Open the wide slider

    Sally Turek Dickson Realty - Caughlin

    Section Image
  • 10320 Mott Dr, Reno, NV 89521

    $875,000

    • 4 Beds
    • 3.5 Baths
    • 3,058 Sq Ft
    • 10320 Mott Dr
    • Reno, NV

    This amazing multi-generational home is now available, located in desirable Damonte Ranch you won't want to miss this opportunity for a meticulously cared for and beautifully decorated offering, it is packed with so much, 4 beds, 3.5 baths plus den/office and 3 car tandem garage, volume ceilings, great room, premium kitchen, ample cabinets, large in-law quarters with separate entrance and patio,

    C. Louise Smith-Egstrom RE/MAX Gold-Carson City

    Section Image
See All Homes in Reno

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Marshall Grayson $418,545 Westminster Title Agcy Inc L
Marshall Grayson -- Westminster Title Agcy Inc L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marshall Grayson $334,836
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2019 10/16/19 Sold $418,545 -1.5% $250 / Sq Ft
09/05/2019 09/05/19 Pending -- -- --
08/29/2019 08/29/19 Price Changed $424,995 -16.0% $254 / Sq Ft
05/31/2019 05/31/19 Price Changed $505,995 -7.3% $302 / Sq Ft
05/13/2019 05/13/19 For Sale $545,995 -- $326 / 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 $5,078 $176,188 $49,908 $126,279
2024 $5,078 $176,294 $49,908 $126,386
2023 $4,930 $168,607 $49,908 $118,699
2022 $4,784 $140,235 $41,762 $98,473
2021 $4,645 $135,307 $37,938 $97,369
2020 $4,471 $132,661 $36,575 $96,086
2019 $4,339 $125,456 $33,682 $91,774
2018 $1,054 $28,809 $25,436 $3,373
Source: Public Records

Agents Affiliated with this Home

  • Michael Wood

    Seller's Agent in 2019

    Michael Wood

    RE/MAX

    (775) 250-2007

    280 in this area

    1,977 Total Sales

    Michael Wood
    Section Image
  • Yahaira Brown

    Buyer's Agent in 2019

    Yahaira Brown

    Berkshire Hathaway HomeService

    (702) 510-9301

    Section Image
See All Agents

Map

Source: Northern Nevada Regional MLS

MLS Number: 190006882

Northern Nevada Regional MLS

APN: 141-603-23

Nevada Washoe County Reno 89521 Virginia Foothills

1945 Phaethon Ln Unit Homesite 407, Reno, NV

This home is located at 1945 Phaethon Ln Unit Homesite 407, Reno, NV 89521 since 13 May 2019 and is currently estimated at $722,127, approximately $431 per square foot. This property was built in 2019. 1945 Phaethon Ln Unit Homesite 407 is a home located in Washoe County with nearby schools including Nick Poulakidas Elementary School, Kendyl Depoali Middle School, and Damonte Ranch High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Nevada Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The content relating to real estate for sale on this web site comes in part from the Broker Reciprocity/ IDX program of the Northern Nevada Regional Multiple Listing Service°. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo and detailed information about those listings includes the name of the listing brokerage. Any use of the content other than by a search performed by a consumer looking to purchase or rent real estate is prohibited. © 2025 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved.

Nearby Homes