NOT LISTED FOR SALE

1951 Phaethon Ln Unit Homesite 408 Reno, NV 89521

Virginia Foothills Neighborhood

Estimated Value: $709,388 - $726,000

2 Beds
2 Baths
1,673 Sq Ft
$430/Sq Ft Est. Value

Last Sold October 18, 2019

Last sale price $439,995 $263 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $4,528/month

106 Days on Market

Highlights

  • 1 Fireplace
  • Nick Poulakidas Elementary School Rated A-
  • Ceramic Tile Flooring

About This Home

As of October 2019

The open design of the delightful Delamar - Farmhouse 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: 05/22/2019

RE/MAX Professionals-Reno

Last Buyer's Agent

Non MLS Agent

Non MLS Office

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

  • 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 14160324

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
  • 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: Batts Insulation, 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: 14160324
  • 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

Closed on
Aug 15, 2022
Sold by
Karen Madonick
Bought by
Karen J E Madonick Trust
Total Days on Market
106
Current Estimated Value
$718,597

Purchase Details

Listed on
May 22, 2019
Closed on
Oct 17, 2019
Sold by
Toll South Reno Llc
Bought by
Madonick Karen
Seller's Agent
Michael Wood
RE/MAX Professionals-Reno
Buyer's Agent
Non MLS Agent
Non MLS Office
List Price
$541,995
Sold Price
$439,995
Premium/Discount to List
-$102,000
-18.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.12%
Original Mortgage
$200,000
Interest Rate
3.4%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Karen J E Madonick Trust -- None Listed On Document
Madonick Karen $439,995 Westminster Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Madonick Karen $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2019 10/18/19 Sold $439,995 0.0% $263 / Sq Ft
09/05/2019 09/05/19 Pending -- -- --
08/29/2019 08/29/19 Price Changed $439,995 -12.4% $263 / Sq Ft
05/31/2019 05/31/19 Price Changed $501,995 -7.4% $300 / Sq Ft
05/22/2019 05/22/19 For Sale $541,995 -- $324 / 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 $5,054 $175,520 $49,908 $125,612
2024 $5,054 $175,624 $49,908 $125,715
2023 $4,908 $167,973 $49,908 $118,064
2022 $4,762 $139,719 $41,762 $97,957
2021 $4,623 $134,794 $37,938 $96,856
2020 $4,487 $133,169 $36,575 $96,594
2019 $4,353 $125,846 $33,682 $92,164
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

    1,986 Total Sales

    Michael Wood
    Section Image

  • N

    Buyer's Agent in 2019

    Non MLS Agent

    Non MLS Office

See All Agents

Map

Source: Northern Nevada Regional MLS

MLS Number: 190007435

Northern Nevada Regional MLS

APN: 141-603-24

Nevada Washoe County Reno 89521 Virginia Foothills

1951 Phaethon Ln Unit Homesite 408, Reno, NV

This home is located at 1951 Phaethon Ln Unit Homesite 408, Reno, NV 89521 since 22 May 2019 and is currently estimated at $718,597, approximately $429 per square foot. This property was built in 2019. 1951 Phaethon Ln Unit Homesite 408 is a home located in Washoe County with nearby schools including Nick Poulakidas Elementary School, Kendyl Depoali Middle School, and Damonte Ranch High School.

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