NOT LISTED FOR SALE

2505 Starks Way Unit 1 Reno, NV 89512

Wildcreek Neighborhood

Estimated Value: $247,000 - $293,084

2 Beds
2 Baths
885 Sq Ft
$120/mo HOA Fee

Last Sold March 31, 2016

Last sale price $119,000 $134 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $1,708/month

9 Days on Market

Highlights

  • Gated Community
  • Separate Formal Living Room
  • Community Pool
  • Clubhouse
  • High Ceiling
  • 3-minute walk to Melody Lane Park

About This Home

As of March 2016

INVESTOR ALERT! Great opportunity. Seller is liquidating 8 homes in this area all with long term tenants and current leases. Not your typical rental homes. This home has been remodeled with new marble and travertine baths, new carpet paint, etc. New roof 2015. Original kitchen Long term tenant will re sign new lease Currently $750 month.

Last Listed By

Riley Smith

Chase International-Damonte License #S.176625 Listed on: 02/04/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $766

Year Built

  • Built in 1974

Lot Details

  • Back Yard Fenced
  • Landscaped

HOA Fees

  • $120 Monthly HOA Fees

Home Design

  • Composition Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 885 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Free Standing Fireplace
  • Blinds
  • Separate Formal Living Room
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Laundry in Kitchen
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • 1 Carport Space
  • Parking Available

Utilities

  • Cooling System Utilizes Natural Gas
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Internet Available

Additional Features

  • Level Entry For Accessibility
  • Patio
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 02645208

Community Details

Overview

  • Property managed by western management
  • On-Site Maintenance

Recreation

  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$766

Year Built

Built in 1974

Lot Details

0

HOA Fees

$120 per month

Listing Details

  • Class: Residential
  • Type: Residential
  • Type Of Property: Condo/Townhouse
  • Unit Level: Ground Floor
  • Adjoins: Street
  • Access: Public
  • Accessibility: No Steps
  • Extended Remarks: Possible 1031 exchange. Seller is licensed Nevada realtor. Subject to tenants rights 24 notice please. Or offer subject to inspection
  • Lvt Date: 02/04/2016
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances Personal Property Included: Electric Range - Oven, Refrigerator In Kitchen
  • Interior Fixtures: Blinds - Shades
  • Fireplace: Free Standing, Yes
  • Water Heater: Natural Gas
  • Floor Covering: Ceramic Tile, Carpet
  • Attached Common Wall: Yes
  • Bedrooms: 2
  • Master Bedroom: On Main Floor
  • Full Or Three Quarter Bathrooms: 2
  • Half Bathrooms: 0
  • Kitchen: Built-In Dishwasher, Breakfast Nook, Garbage Disposal
  • Laundry Area: Kitchen, Yes
  • Living Room: High Ceiling, Separate/Formal
  • Dining Room: Kitchen Combo
  • Price Per Sq Ft: 134.46
  • Sold Price Per Sq Ft: 134.46
  • Source Of Sq Ft: Assessor
  • Total Living Space: 885
  • Price Per Sq Ft: 145.76

Exterior Features

  • Windows: Combo - Varies
  • Construction: Site/Stick-Built
  • Exterior: Wood Siding
  • Exterior Features: None - Na
  • Fenced: Back
  • Foundation: Concrete - Crawl Space
  • Patio Deck: Uncovered
  • Roof: Composition - Shingle
  • Stories: 1 Story
  • View: Yes

Garage/Parking

  • Garage Types: Attached
  • Number Carport: 1
  • Garage: 1
  • Total Parking Capacity: 2

Utilities

  • Heating Cooling: Natural Gas
  • Internet: Yes
  • Utilities: City - County Water, City Sewer, Electricity, Natural Gas

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Mgt Co: western management
  • Hoa Amenities: Addl Parking, Common Area Maint, Club Hs/Rec Room, Gates/Fences, Pool
  • Association Fee: 120
  • Association Fee Period: Monthly
  • Association Transfer Fee: 200
  • Common Interest Ownership: Yes

Schools

  • Elementary School: Cannan
  • Middle School: Traner
  • High School: Hug

Lot Info

  • Acreage: 0.08
  • Parcel Number: 02645208
  • Topography: Level
  • Zoning Actual: r16

Tax Info

  • Taxes Dollar: 766

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2021
Sold by
King Joycelyn K
Bought by
Briest Mathew and Briest Magdelena
Total Days on Market
9
Current Estimated Value
$273,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,750
Outstanding Balance
$251,683
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$22,088

Purchase Details

Closed on
Aug 12, 2010
Sold by
John Timothy A
Bought by
Mclain Gary

Purchase Details

Closed on
Apr 25, 2006
Sold by
Mclain Gary R
Bought by
John Timothy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 13, 2003
Sold by
Mclain Kathleen
Bought by
Mclain Gary R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,850
Interest Rate
7.9%
Mortgage Type
Unknown

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
Briest Mathew $285,000 First Centennial Reno
Mclain Gary $60,000 First Centennial Reno
John Timothy A $200,000 Western Title Incorporated
Mclain Gary R $106,500 Founders Title Company Of Nv
Mclain Gary R $106,500 Founders Title Company Of Nv
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Briest Mathew $270,750
Previous Owner John Timothy A $200,000
Previous Owner Mclain Gary R $101,000
Previous Owner Mclain Gary R $95,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2016 03/31/16 Sold $119,000 -7.8% $134 / Sq Ft
02/13/2016 02/13/16 Pending -- -- --
02/04/2016 02/04/16 For Sale $129,000 -- $146 / 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 $840 $43,409 $29,260 $14,149
2024 $840 $39,405 $25,375 $14,030
2023 $816 $37,148 $24,255 $12,893
2022 $831 $31,576 $20,230 $11,346
2021 $770 $27,159 $15,400 $11,759
2020 $746 $27,624 $15,400 $12,224
2019 $710 $27,653 $15,400 $12,253
2018 $678 $22,193 $10,360 $11,833
2017 $651 $20,593 $8,505 $12,088
2016 $636 $19,892 $7,140 $12,752
2015 $475 $19,164 $6,195 $12,969
2014 $614 $17,499 $4,690 $12,809
2013 -- $16,212 $3,465 $12,747
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Riley Smith

    Chase International-Damonte

  • Gary Edwards

    Buyer's Agent in 2016

    Gary Edwards

    Dickson Realty

    (775) 313-3600

    51 Total Sales

    Gary Edwards
    Section Image
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Map

Source: Northern Nevada Regional MLS

MLS Number: 160001283

Northern Nevada Regional MLS

APN: 026-452-08

Nevada Washoe County Reno 89512 Wildcreek

2505 Starks Way Unit 1, Reno, NV

Homes for Sale in Reno, NV

This home is located at 2505 Starks Way Unit 1, Reno, NV 89512 since 04 February 2016 and is currently estimated at $273,771, approximately $309 per square foot. This property was built in 1974. 2505 Starks Way Unit 1 is a home located in Washoe County with nearby schools including Bernice Mathews Elementary School, Fred W. Traner Middle School, and Procter R. Hug 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.

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