NOT LISTED FOR SALE

Estimated Value: $366,000 - $382,698

4 Beds
4 Baths
1,386 Sq Ft
$266/mo HOA Fee

Last Sold October 03, 2018

Last sale price $250,000 $180 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,390/month

92 Days on Market

Highlights

  • Fitness Center
  • Mountain View
  • Community Pool
  • Unit is on the top floor
  • Great Room
  • Double Pane Windows

About This Home

As of October 2018

Top-floor, four-bedroom investment property located just north of the University of Nevada, one of the fastest-growing schools in the nation. This property is a handsome top-floor condo with vaulted ceilings - most desirable. There is a housing shortage that affects college students at least as much as other residents and extends into the foreseeable future. This is a great opportunity for you to invest as rents are increasing, and help be a part of the housing solution for students., Interior photos are from last vacancy. Property is currently rented.

Last Agent to Sell the Property

Tony Chinnici

Reno Realty License #BS.42738 Listed on: 05/24/2018

Last Buyer's Agent

Tony Chinnici

Reno Realty License #BS.42738 Listed on: 05/24/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,083

Year Built

  • Built in 2004

Lot Details

  • Landscaped
  • Front and Back Yard Sprinklers

HOA Fees

  • $266 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,386 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Great Room
  • Open Floorplan
  • Carpet
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Location

  • Unit is on the top floor

Schools

  • Elmcrest Elementary School
  • Clayton Middle School
  • Hug High School

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Air Source Heat Pump
  • Electric Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 00377310

Community Details

Overview

  • Association fees include snow removal
  • $150 HOA Transfer Fee
  • Incline Mgmt Association, Phone Number (775) 832-0284
  • On-Site Maintenance
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Fitness Center
  • Community Pool
  • Snow Removal

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,083

Year Built

Built in 2004

Lot Details

0

HOA Fees

$266 per month

Listing Details

  • Year Built: 2004
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Horses: No
  • Lot Features: Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Acres: 0.03
  • Road Frontage Type: Other
  • Has View?: Yes
  • Association Amenities: Fitness Center, Landscaping, Maintenance Grounds, Maintenance Structure, Pool
  • Association Fees: 266.0
  • Association Fee Frequency: Monthly
  • Association Fee Inclusions: Snow Removal
  • Has H O A?: Yes
  • Co List Office Mls Id: 1800-o
  • Co List Office Phone: 775-313-9600
  • Directions: North of McCarran, L off N Virginia before Parr Bl
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Living Area: 1386.0
  • Property Attached Yn: Yes
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Elmcrest
  • Tax Legal Middle Or Junior School2: Clayton
  • Tax Legal High School: Hug
  • Tax Legal Tax Annual Amount: 1083.0
  • Tax Legal Zoning4: AC
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 266.0
  • Building Stories5: 1
  • Building Property Attached Y N: Yes
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 0.03
  • Lot Lot Size Square Feet2: 1306.8
  • Lot Horse Y N2: No
  • Association Details Transfer Fee: 150.0
  • Lot View Y N2: Yes
  • Lot Features Landscaped: Yes
  • Cooling Central Air: Yes
  • Cooling Electric: Yes
  • Foundation Details Slab: 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 Heater Electric5: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Cooling Refrigerated: Yes
  • Appliances Disposal: Yes
  • Appliances Dryer: Yes
  • Appliances Washer: Yes
  • View Mountain(s): Yes
  • Appliances Microwave: Yes
  • Association Amenities Fitness Center: Yes
  • Association Amenities Maintenance Grounds: Yes
  • Association Fee Includes Snow Removal2: Yes
  • Association Amenities Landscaping: Yes
  • Association Amenities Maintenance Structure: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: Incline Mgmt
  • Construction Materials Masonry Veneer: Yes
  • Appliances Electric Range: Yes
  • Association Details Management Company Phone5: 775-832-0284
  • Cooling Heat Pump: Yes
  • Appliances Electric Oven: Yes
  • Appliances Included As Personal Property Oven2: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Microwave, Oven, Refrigerator, Washer
  • Flooring: Carpet
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Interior Amenities: Breakfast Bar, Walk-In Closet(s)
  • Window Features: Double Pane Windows
  • Interior Living Area4: 1386.0
  • Interior Fireplace Y N: No
  • Flooring Carpet: Yes
  • Interior Features Breakfast Bar: Yes
  • Window Features Double Pane Windows: Yes
  • Kitchen Features Breakfast Bar2: Yes
  • Laundry Features In Hall: Yes
  • Living Room Features Family Room Combination: Yes
  • Dining Room Features Living Room Combination: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Kitchen Features Built- In Microwave: Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes
  • Dining Room Features Family Room Combination2: Yes
  • Unit Level Top Floor: Yes
  • Family Room Features Great Room5: Yes
  • Living Room Features Dining Room Combination: Yes
  • Kitchen Features Built- In Single Oven: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Shingle
  • Stories: 1
  • View: Mountain(s)
  • Construction Type: Wood Siding, Masonry Veneer
  • Foundation Details: Slab
  • Construction Materials Wood Siding: Yes
  • Association Amenities Pool: Yes
  • Roof Composition: Yes
  • Roof Shingle: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Has Attached Garage?: No
  • Parking Features: None
  • Parking Information Garage Y N: No
  • Parking Information Carport Y N: No

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Available, Phone Available, Sewer Available, Water Available, Cellular Coverage, Water Meter Installed
  • Water Source: Public
  • Laundry Features: In Hall
  • Cooling: Central Air, Electric, Heat Pump, Refrigerated
  • Heating: Electric, Forced Air, Heat Pump
  • 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 Phone Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Utilities Water Meter Installed: Yes
  • Utilities Internet Available: Yes
  • Heating Forced Air: Yes
  • Water Source Public: Yes
  • Heating Electric4: Yes
  • Heating Heat Pump2: Yes

Schools

  • Middle Or Junior School: Clayton

Lot Info

  • Parcel Number: 00377310
  • Fencing: None
  • Lot Size Sq Ft: 1306.8
  • Zoning: AC

Tax Info

  • Tax Annual Amount: 1083.0

MLS Schools

  • Elementary School: Elmcrest
  • HighSchool: Hug

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2018
Closed on
Aug 28, 2018
Sold by
Erickson Misty D
Bought by
Andronico Paul A and Andronico Robin
Seller's Agent
Tony Chinnici
Reno Realty
Buyer's Agent
Tony Chinnici
Reno Realty
List Price
$285,000
Sold Price
$250,000
Premium/Discount to List
-$35,000
-12.28%
Current Estimated Value
$373,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,175
Avg. Annual Appreciation
5.87%
Original Mortgage
$170,000
Outstanding Balance
$147,945
Interest Rate
4.5%
Mortgage Type
Unknown
Estimated Equity
$225,230

Purchase Details

Closed on
Oct 31, 2016
Sold by
Erickson Misty D
Bought by
Erickson Misty D and Erickson Family Trust

Purchase Details

Closed on
Apr 16, 2010
Sold by
Robinson Boyd and Robinson Heidi
Bought by
Erickson Paul F and Erickson Misty D

Purchase Details

Closed on
Apr 6, 2005
Sold by
The Edge At Reno Llc
Bought by
Robinson Boyd and Robinson Heidi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,750
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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
Andronico Paul A $250,000 Ticor Title Reno
Erickson Misty D -- None Available
Erickson Paul F $85,000 Ticor Title Reno
Robinson Boyd $226,000 Stewart Title Of Northern Nv
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andronico Paul A $170,000
Previous Owner Robinson Boyd $191,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2018 10/03/18 Sold $250,000 -7.1% $180 / Sq Ft
08/24/2018 08/24/18 Pending -- -- --
06/22/2018 06/22/18 Price Changed $269,000 -2.2% $194 / Sq Ft
06/09/2018 06/09/18 Price Changed $275,000 -3.5% $198 / Sq Ft
05/24/2018 05/24/18 For Sale $285,000 -- $206 / 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 $1,647 $73,901 $23,625 $50,276
2024 $1,647 $75,534 $23,625 $51,909
2023 $0 $69,734 $24,045 $45,689
2022 $1,413 $60,465 $21,140 $39,325
2021 $1,308 $56,440 $17,185 $39,255
2020 $1,229 $56,567 $17,010 $39,557
2019 $1,171 $55,062 $16,730 $38,332
2018 $1,117 $49,705 $12,285 $37,420
2017 $1,072 $46,074 $9,030 $37,044
2016 $1,045 $45,455 $7,350 $38,105
2015 $1,043 $44,458 $5,705 $38,753
2014 $1,013 $33,769 $4,200 $29,569
2013 -- $26,884 $4,200 $22,684
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 180007129

Northern Nevada Regional MLS

APN: 003-773-10