$172,000
SOLD MAY 20, 2024

2555 Clear Acre Ln Unit 881 Reno, NV 89512

Northeast Reno Neighborhood
2 Beds
2 Baths
928 Sq Ft
$390/mo HOA Fee

Recently Sold

$185 Per Sq Ft

11% Below List Price

35 Days on Market

Highlights

  • In Ground Pool
  • View of Trees or Woods
  • Great Room
  • Gated Community
  • Separate Formal Living Room
  • Covered patio or porch

About This Home

As of May 2024

Great opportunity for first time home buyers, and investors. Centrally located, near to downtown Reno, and UNR. Approximately 15 minutes from the airport with easy access to Hwy 395, and I-80. Close to shopping centers, and restaurants. This is a single-story condo on the 1st floor. This property features a formal living, formal dining area, and breakfast bar, kitchen was updated with new cabinets and counter tops few years ago, newer flooring throughout, and a nice swimming pool.

Last Agent to Sell the Property

Liliana Loera

Ferrari-Lund Real Estate Reno License #S.58230

Ferrari-Lund Real Estate Reno

Last Buyer's Agent

Sean Sims

RE/MAX Professionals-Reno License #S.189275

RE/MAX Professionals-Reno

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $220

Year Built

  • Built in 1982

Lot Details

  • Partially Fenced Property
  • Landscaped

HOA Fees

  • $390 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Pitched Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 928 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Great Room
  • Separate Formal Living Room
  • Formal Dining Room
  • Views of Woods
  • Laundry in Bathroom

Kitchen

  • Breakfast Bar
  • Electric Oven or Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Home Security

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Parking Available
  • Parking Garage Space

Outdoor Features

  • In Ground Pool
  • Covered patio or porch

Location

  • Ground Level

Schools

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

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating System
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Internet Available
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 00438137
  • $220 special tax assessment

Community Details

Overview

  • Optional Additional Fees: 100
  • $100 in other mandatory fees
  • $100 Mandatory Fee
  • Master Insurance
  • $250 Secondary HOA Transfer Fee
  • Property managed by Associa (775)626-7333
  • On-Site Maintenance

Recreation

  • Community Pool

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$220

Year Built

Built in 1982

Lot Details

0

HOA Fees

$390 per month

Listing Details

  • Class: Residential
  • Type: Residential
  • Type Of Property: Condo/Townhouse
  • Dwelling Type: Condo
  • Unit Level: Ground Floor
  • Insulation: Unknown
  • Adjoins: Street
  • Within City Limits: Yes
  • Access: Private, Public
  • Total Assessed Value: 220
  • Extended Remarks: HOA covers partial utilities, heating, cooling, water, trash removal, and common area maintenance. This property is for sale in As-Is condition. Buyer and buyer's agent to verify all info. All information provided is deemed reliable but not guaranteed.
  • Lvt Date: 03/13/2024
  • Year Built: 1982
  • Xstreet Directions: N McCarran
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances Personal Property Included: Electric Range - Oven
  • Interior Fixtures: Smoke Detector(s)
  • Water Heater: Natural Gas
  • Floor Covering: Carpet, Sheet Vinyl
  • Attached Common Wall: Yes
  • Bedrooms: 2
  • Master Bedroom: Tub/Shower Combo
  • Full Or Three Quarter Bathrooms: 2
  • Half Bathrooms: 0
  • Family Room: Living Rm Combo
  • Kitchen: Breakfast Bar
  • Laundry Area: Yes, Bathroom Combo
  • Living Room: Separate/Formal
  • Dining Room: Separate/Formal
  • Price Per Sq Ft: 185.34
  • Sold Price Per Sq Ft: 185.34
  • Source Of Sq Ft: Assessor
  • Total Living Space: 928
  • Price Per Sq Ft: 207.54

Exterior Features

  • Windows: Double Pane
  • Construction: Site/Stick-Built
  • Exterior: Wood Siding
  • Exterior Features: In Ground Pool
  • Fenced: Partial
  • Foundation: Concrete Slab
  • Landscaped: Partially Landscaped, Yes
  • Patio Deck: Yes, Covered, Patio
  • Roof: Pitched
  • Stories: 1 Story
  • View: Yes, Trees

Garage/Parking

  • Garage Types: Carport, Common
  • Number Carport: 1
  • Garage: 0
  • Total Parking Capacity: 1

Utilities

  • Heating Cooling: Forced Air, Hot Water System, Central Refrig AC
  • Internet: Yes
  • Utilities: Electricity, City - County Water, City Sewer, Telephone, Internet Available, Cellular Coverage Avail

Condo/Co-op/Association

  • Average Monthly Common Interest Community Fee: 390
  • HOA: Yes
  • Hoa Mgt Co: Associa (775)626-7333
  • Setup Fee: 150
  • Hoa Amenities: Addl Parking, Carport, Common Area Maint, Exterior Maint, Gates/Fences, Insured Structure, Landsc Maint Full, Pool, Partial Utilities
  • Other Fee: 100
  • Total Setup Fees: 150
  • Association Fee: 390
  • Association Fee Period: Monthly
  • Association Transfer Fee: 250
  • Common Interest Ownership: Yes

Fee Information

  • Total Other Fees: 100
  • Total Special Assessments: 220
  • Total Transfer Fees: 250

Schools

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

Lot Info

  • Acreage: 0.001
  • Parcel Number: 00438137
  • Topography: Level
  • Zoning Actual: MF30

Green Features

  • Green Features: Double Pane Windows

Tax Info

  • Taxes Dollar: 219.93

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2024
Sold by
Zhang Jingyuan
Bought by
Li Dan and Zhang Jingyuan
Total Days on Market
35
Current Estimated Value
$176,194

Purchase Details

Listed on
Mar 13, 2024
Closed on
May 18, 2024
Sold by
Li Dan
Bought by
Zhang Jingyuan
Seller's Agent
Liliana Loera
Ferrari-Lund Real Estate Reno
Buyer's Agent
Sean Sims
RE/MAX Professionals-Reno
List Price
$192,600
Sold Price
$172,000
Premium/Discount to List
-$20,600
-10.7%
Views
88

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.06%
Original Mortgage
$129,000
Interest Rate
6.06%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 13, 2024
Closed on
May 17, 2024
Sold by
Lennen Dorothy M
Bought by
Zhang Jingyuan
Seller's Agent
Liliana Loera
Ferrari-Lund Real Estate Reno
Buyer's Agent
Sean Sims
RE/MAX Professionals-Reno
List Price
$192,600
Sold Price
$172,000
Premium/Discount to List
-$20,600
-10.7%
Views
88

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
6.06%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 15, 2014
Closed on
Apr 20, 2015
Sold by
River Rock Residential Equities Llc
Bought by
Lennen Dorothy M
Seller's Agent
Danny Podesta
RE/MAX Professionals-Sparks
Buyer's Agent
Kristene Biglieri
Reno Sparks Realty, LLC
List Price
$43,000
Sold Price
$43,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.53%
Original Mortgage
$34,400
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2014
Sold by
Phillips Rose D
Bought by
River Rock Residential Equities Llc

Purchase Details

Closed on
Jan 28, 2013
Sold by
Phillips Rose D
Bought by
Ccg Properties Llc

Purchase Details

Closed on
Oct 30, 1997
Sold by
Romine Clifford E and Romine Linda
Bought by
Phillips Rose D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,550
Interest Rate
7.33%

Map

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Bargain Sale Deed -- Stewart Title
Bargain Sale Deed $172,000 Stewart Title
Bargain Sale Deed $43,000 Western Title Co
Trustee Deed $34,000 None Available
Warranty Deed $29,500 Accommodation
Deed $39,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $129,000 New Conventional
Previous Owner $34,400 New Conventional
Previous Owner $35,550 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2024 05/20/24 Sold $172,000 -10.7% $185 / Sq Ft
04/17/2024 04/17/24 Pending -- -- --
03/13/2024 03/13/24 For Sale $192,600 +347.9% $208 / Sq Ft
04/30/2015 04/30/15 Sold $43,000 0.0% $46 / Sq Ft
03/09/2015 03/09/15 Pending -- -- --
09/15/2014 09/15/14 For Sale $43,000 -- $46 / Sq Ft
Source: Northern Nevada Regional MLS

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 $226 $29,642 $13,055 $16,587
2024 $226 $32,157 $14,700 $17,457
2023 $220 $29,723 $13,965 $15,758
2022 $214 $24,867 $10,955 $13,912
2021 $207 $21,702 $7,560 $14,142
2020 $198 $22,038 $7,525 $14,513
2019 $193 $20,953 $6,580 $14,373
2018 $187 $18,013 $3,780 $14,233
2017 $181 $17,512 $3,185 $14,327
2016 $177 $10,757 $2,555 $8,202
2015 -- $10,116 $1,680 $8,436
2014 $903 $9,798 $1,645 $8,153
2013 -- $4,546 $840 $3,706
Source: Public Records

Source: Northern Nevada Regional MLS

MLS Number: 240002577

Northern Nevada Regional MLS

APN: 004-381-37