NOT LISTED FOR SALE

25 Arabian Way Reno, NV 89508

Estimated Value: $147,462

11 Acres
$12,901 Price per Acre
497,891 Sq Ft Lot

Last Sold January 16, 2019

Last sale price $95,000

Est. 55% increase in value since last sale

Current estimated payment $986/month

210 Days on Market

Highlights

  • Horses Allowed On Property
  • Mountain View
  • Desert Landscape
  • 11.43 Acre Lot
  • Corner Lot
  • Level Lot

About This Lot

As of January 2019

Discover this gorgeous 11.43 acre property in Rancho Haven, and create your own private sanctuary! Lots of room for your dream home, shop, barn and horses! For your convenience, a water well has been drilled and was tested at 40 gallons per minute! Gently sloping land with panoramic views for miles and miles! Only 24 minutes from the Red Rock exit on Hwy 395, yet a world away! Enjoy the gentle breezes and colorful sunsets! Entertain all your family and friends on this impressive and tranquil property., Seller may consider owner financing with a reasonable down payment. Buyer and Buyer’s Agent to verify all information.

Last Agent to Sell the Property

Peter Moritz

RE/MAX Gold License #S.63865 Listed on: 05/22/2018

RE/MAX Gold

Last Buyer's Agent

Jenn Menken

RE/MAX Professionals-Reno License #S.56037

RE/MAX Professionals-Reno

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $212

Lot Details

  • 11.43 Acre Lot
  • Property fronts an easement
  • Dirt Road
  • Desert Landscape
  • Corner Lot
  • Level Lot
  • Open Lot
  • Corners Of The Lot Have Been Marked
  • Cleared Lot
  • Rough Grade
  • Property is zoned LDR

HOA Fees

  • $35 Monthly HOA Fees

Property Views

  • Mountain
  • Desert
  • Valley

Schools

  • Silver Lake Elementary School
  • Cold Springs Middle School
  • North Valleys High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Well
  • Sewer Not Available

Community Details

  • $275 HOA Transfer Fee
  • Rancho Haven Property Owners Association

Listing and Financial Details

  • Assessor Parcel Number 07814214

Property Details

Property Type

Land

Est. Annual Taxes

$212

Lot Details

0

HOA Fees

$35 per month

Listing Details

  • Property Type: Land
  • Horses: Yes
  • Lot Features: Corner Lot, Gentle Sloping, Level, Open Lot, Sloped Up, Cleared, Corners Marked, Desert
  • Lot Size Acres: 11.43
  • Road Frontage Type: Other, Public Access
  • Road Surface Type: Dirt
  • Has View?: Yes
  • Association Fees: 35.0
  • Association Fee Frequency: Monthly
  • Has H O A?: Yes
  • Co List Office Mls Id: 1514-o
  • Co List Office Phone: 775-787-3629
  • Directions: Red Rock
  • Tax Legal Zoning4: LDR
  • Lot Features Level: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Water Rights Water Rights Y N: No
  • View Mountain(s): Yes
  • Lot Features Sloped Up: Yes
  • Lot Features Corner Lot: Yes
  • Lot Features Gentle Sloping: Yes
  • Lot Features Open Lot: Yes
  • View Desert: Yes
  • View Valley: Yes
  • Association Details Management Company Name5: Rancho Haven Property Owners
  • Tax Legal Elementary School2: Silver Lake
  • Tax Legal High School2: North Valleys
  • Tax Legal Tax Annual Amount3: 212.0
  • Road Surface Type Dirt2: Yes
  • Tax Legal Middleor Junior School3: Cold Springs
  • Association Community Association Y N: Yes
  • Lot Lot Size Acres: 11.43
  • Lot View Y N4: Yes
  • Lot Horse Y N4: Yes
  • Lot Features Corners Marked: Yes
  • Land Details Crops Included Y N: No
  • Land Details Deed Restrictions: Unknown
  • Land Details Road Easement Y N: Yes
  • Land Details Utility Easement Y N: Yes
  • Lot Features Cleared: Yes
  • Association Details Association Transfer Fee: 275.0
  • Lot Features Desert2: Yes
  • Sewer None26: Yes
  • Development Status Rough Grade: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • View: Desert, Mountain(s), Valley

Utilities

  • Utilities: Electricity Available, Sewer Not Available, Water Available
  • Water Source: Well
  • Sewer: None
  • Utilities Electricity Available: Yes
  • Utilities Water Available: Yes
  • Water Source Well: Yes
  • Utilities Sewer Not Available: Yes

Schools

  • Middle Or Junior School: Cold Springs

Lot Info

  • Parcel Number: 07814214
  • Development Status: Rough Grade
  • Lot Size Sq Ft: 497890.8
  • Crops Included: No
  • Zoning: LDR

Tax Info

  • Tax Annual Amount: 212.0

MLS Schools

  • Elementary School: Silver Lake
  • HighSchool: North Valleys

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2018
Closed on
Jan 12, 2019
Sold by
Hall Justin C and Hall Lisa Anderson
Bought by
Hall Bonanza Investments Llc
Seller's Agent
Peter Moritz
RE/MAX Gold
Buyer's Agent
Jenn Menken
RE/MAX Professionals-Reno
List Price
$99,950
Sold Price
$95,000
Premium/Discount to List
-$4,950
-4.95%
Current Estimated Value
$147,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,462
Original Mortgage
$75,000
Outstanding Balance
$66,717
Interest Rate
4.7%
Mortgage Type
Unknown

Purchase Details

Listed on
May 22, 2018
Closed on
Jan 11, 2019
Sold by
Hall Bonanza Investments Llc
Bought by
Williams Michelle Ann and Williams Mark Anthony
Seller's Agent
Peter Moritz
RE/MAX Gold
Buyer's Agent
Jenn Menken
RE/MAX Professionals-Reno
List Price
$99,950
Sold Price
$95,000
Premium/Discount to List
-$4,950
-4.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Outstanding Balance
$66,717
Interest Rate
4.7%
Mortgage Type
Unknown

Purchase Details

Listed on
May 22, 2018
Closed on
Dec 26, 2018
Sold by
Hall Scott J and Hall Mimari A
Bought by
Hall Bonanza Investments Llc
Seller's Agent
Peter Moritz
RE/MAX Gold
Buyer's Agent
Jenn Menken
RE/MAX Professionals-Reno
List Price
$99,950
Sold Price
$95,000
Premium/Discount to List
-$4,950
-4.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Outstanding Balance
$66,717
Interest Rate
4.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 2, 2009
Sold by
Hall Kelly A
Bought by
Hall Thomas J

Purchase Details

Closed on
Feb 17, 2009
Sold by
Hall Thomas J and Hall Gregory J
Bought by
Hall Bonanza Investments Llc

Purchase Details

Closed on
Nov 1, 2007
Sold by
Hall Bonanza Investments Llc
Bought by
Hall Kelly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,838
Interest Rate
6.29%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 11, 2004
Sold by
Tepper Scott J
Bought by
Hall Bonanza Investments Llc

Purchase Details

Closed on
Jul 9, 2001
Sold by
Tepper Scott J and Garfield Franklin R
Bought by
Tepper Scott J
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hall Bonanza Investments Llc -- Stewart Title Co
Williams Michelle Ann $95,000 Stewart Title Co
Hall Bonanza Investments Llc -- Stewart Title Co
Hall Bonanza Investments Llc -- Stewart Title Co
Hall Thomas J -- None Available
Hall Bonanza Investments Llc -- None Available
Hall Thomas J -- None Available
Hall Kelly A $95,000 None Available
Hall Bonanza Investments Llc $82,500 Stewart Title Of Northern Nv
Tepper Scott J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Michelle Ann $75,000
Previous Owner Hall Kelly A $90,838
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2019 01/16/19 Sold $95,000 -5.0% --
12/18/2018 12/18/18 Pending -- -- --
05/22/2018 05/22/18 For Sale $99,950 -- --
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
2022 $0 $13,136 $11,900 $1,236
2021 $279 $11,706 $10,500 $1,206
2020 $243 $11,646 $10,500 $1,146
2019 $232 $11,666 $10,500 $1,166
2018 $221 $11,628 $10,500 $1,128
2017 $207 $11,648 $10,500 $1,148
2016 $207 $13,389 $12,250 $1,139
2015 $206 $13,316 $12,250 $1,066
2014 $200 $7,401 $6,300 $1,101
2013 -- $7,402 $6,300 $1,102
Source: Public Records

Agents Affiliated with this Home

  • Peter Moritz

    Seller's Agent in 2019

    Peter Moritz

    RE/MAX

    (775) 530-4100

    77 Total Sales

    Section Image
  • Jenn Menken

    Buyer's Agent in 2019

    Jenn Menken

    RE/MAX

    (775) 843-0566

    67 Total Sales

    Section Image
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Map

Source: Northern Nevada Regional MLS

MLS Number: 180007055

Northern Nevada Regional MLS

APN: 078-142-14

Nevada Washoe County Reno 89508

25 Arabian Way, Reno, NV

This home is located at 25 Arabian Way, Reno, NV 89508 since 22 May 2018 and is currently priced at $147,462. 25 Arabian Way is a home located in Washoe County with nearby schools including Cold Springs Middle Schools and North Valleys High School.

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