NOT LISTED FOR SALE

23 Lightning W Ranch Rd Washoe City, NV 89704

Franktown Neighborhood

Estimated Value: $255,316 - $417,000

1 Acre
$314,829 Price per Acre
43,560 Sq Ft Lot

Last Sold October 25, 2022

Last sale price $239,000

Est. 32% increase in value since last sale

Current estimated payment $1,915/month

148 Days on Market

Highlights

  • On Golf Course
  • Marce Herz Middle School Rated A-
  • Level Lot

About This Lot

As of October 2022

Build your dream home on this amazing 1 acre homesite, located within the gates at Franktown Estates, home to one of Northern Nevada's finest championship golf courses and Toiyabe Golf Club. This homesite is right on the golf course along the 18th hole and is near the clubhouse. ALL utilities are at the street including sewer! No septic needed! This is a significant savings on any needed infrastructure work when building a new home! Gorgeous panoramic views!, Water is serviced by TMWA. Gas is serviced by Southwest Gas. Electricity is serviced by NV Energy. The golf course is owned separately from the Association and is semi-private. Memberships are available.

Last Agent to Sell the Property

Magda Martinez

HomeGate Realty of Reno License #S.44936 Listed on: 05/18/2022

Last Buyer's Agent

Bryan Drakulich

BHG Drakulich Realty License #B.6217

BHG Drakulich Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $979

Lot Details

  • 1 Acre Lot
  • Property fronts a private road
  • On Golf Course
  • Level Lot
  • Corners Of The Lot Have Been Marked
  • Finished Lot(s)
  • Property is zoned MDR

HOA Fees

  • $150 Monthly HOA Fees

Property Views

  • Golf Course
  • Mountain

Schools

  • Pleasant Valley Elementary School
  • Marce Herz Middle School
  • Galena High School

Utilities

  • Underground Utilities
  • Phone Available

Community Details

  • $150 HOA Transfer Fee
  • Mkj Company Association, Phone Number (775) 853-9056
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 05539205

Property Details

Property Type

Land

Est. Annual Taxes

$979

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Type: Land
  • Horses: No
  • Lot Features: Level, On Golf Course, Corners Marked, Curbs, Storm Drains
  • Lot Size Acres: 1.0
  • Road Frontage Type: Private Road, Other
  • Road Surface Type: Paved
  • Has View?: Yes
  • Association Fees: 150.0
  • Association Fee Frequency: Monthly
  • Has H O A?: Yes
  • Co List Office Mls Id: 1277-o
  • Co List Office Phone: 775-856-4663
  • Directions: Old US 395 to Franktown Estates-Toiyabe Golf Club
  • Tax Legal Zoning4: MDR
  • Lot Features Level: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Water Rights Water Rights Y N: No
  • View Mountain(s): Yes
  • View Golf Course2: Yes
  • Road Frontage Type Private Road: Yes
  • Association Details Management Company Name5: MKJ Company
  • Tax Legal Elementary School2: Pleasant Valley
  • Tax Legal High School2: Galena
  • Lot Features On Golf Course: Yes
  • Tax Legal Tax Annual Amount3: 979.12
  • Association Details Management Company Phone5: 775-853-9056
  • Tax Legal Middleor Junior School3: Marce Herz
  • Association Community Association Y N: Yes
  • 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
  • Association Details Association Transfer Fee: 150.0
  • Lot Features Storm Drains: Yes
  • Development Status Finished Lot(s): Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Golf Course, Mountain(s)

Utilities

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

Schools

  • Middle Or Junior School: Marce Herz

Lot Info

  • Parcel Number: 05539205
  • Fencing: None
  • Development Status: Finished Lot(s)
  • Lot Size Sq Ft: 43560.0
  • Crops Included: No
  • Zoning: MDR

Tax Info

  • Tax Annual Amount: 979.12

MLS Schools

  • Elementary School: Pleasant Valley
  • HighSchool: Galena

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Oct 21, 2022
Sold by
M & L Living Trust
Bought by
Francovich Family Trust
Seller's Agent
Magda Martinez
HomeGate Realty of Reno
Buyer's Agent
Bryan Drakulich
BHG Drakulich Realty
List Price
$335,000
Sold Price
$239,000
Premium/Discount to List
-$96,000
-28.66%
Views
7
Current Estimated Value
$314,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,829
Avg. Annual Appreciation
9.90%

Purchase Details

Closed on
Feb 5, 2021
Sold by
Franktown Investments Llc
Bought by
Bruce Mark F and Bruce Lisa E

Purchase Details

Closed on
May 4, 2012
Sold by
Wells Fargo Bank National Association
Bought by
Vista Sierra Llc

Purchase Details

Closed on
May 27, 2010
Sold by
Dgd Development Limited Partnership
Bought by
Wells Fargo Bank National Association
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
Francovich Family Trust $239,000 Ticor Title
Bruce Mark F $235,000 First American Title Reno
Vista Sierra Llc $588,000 First American Title Reno
Wells Fargo Bank National Association $1,450,000 First American Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2022 10/25/22 Sold $239,000 -4.4% --
10/12/2022 10/12/22 Pending -- -- --
06/23/2022 06/23/22 Price Changed $250,000 -15.3% --
05/31/2022 05/31/22 Price Changed $295,000 -11.9% --
05/17/2022 05/17/22 For Sale $335,000 -- --
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 $1,233 $77,630 $76,475 $1,155
2024 $1,233 $71,027 $69,825 $1,202
2023 $1,142 $67,584 $66,500 $1,084
2022 $1,057 $55,752 $54,863 $890
2021 $979 $42,433 $41,563 $870
2020 $652 $20,833 $19,950 $883
2019 $621 $19,990 $19,119 $871
2018 $593 $19,227 $18,375 $852
2017 $569 $18,910 $18,375 $535
2016 $554 $25,032 $24,500 $532
2015 $553 $17,688 $17,150 $538
2014 $536 $16,542 $15,925 $617
2013 -- $16,142 $15,925 $217
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 220006791

Northern Nevada Regional MLS

APN: 055-392-05