NOT LISTED FOR SALE

265 Gramercy Ln Reno, NV 89509

Virginia Lake Neighborhood

Estimated Value: $396,000 - $466,000

2 Beds
2 Baths
1,322 Sq Ft
$324/Sq Ft Est. Value

Last Sold May 10, 2019

Last sale price $300,000 $227 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,847/month

4 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Home Office
  • Jessie Beck Elementary School Rated A-
  • High Ceiling
  • 3-minute walk to Virginia Lake Park

About This Home

As of May 2019

This meticulously maintained, one owner home is located near Virginia Lake, the airport, and downtown Reno. It was originally one of the models and has many beautiful upgrades. Newer hardwood flooring was placed in the living area and the tandem garage has plenty of room for storage. Picture perfect view of Peavine Mountain from the master bedroom window. You don’t want to miss this one!, Homeowners association does not cover the exterior structure but does cover snow removal, landscape and security.

Last Agent to Sell the Property

Allyson Edgington

Ferrari-Lund Real Estate South License #S.174911 Listed on: 03/21/2019

Ferrari-Lund Real Estate South

Last Buyer's Agent

Ken Scott

RE/MAX Gold License #S.22991

RE/MAX Gold

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,780

Year Built

  • Built in 2006

Lot Details

  • 871 Sq Ft Lot
  • Property fronts a private road
  • Security Fence
  • Landscaped
  • Front and Back Yard Sprinklers

HOA Fees

  • $96 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Common or Shared Parking
  • Tandem Parking

Property Views

  • Mountain
  • Park or Greenbelt

Home Design

  • Slab Foundation
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stick Built Home
  • Stucco

Interior Spaces

  • 1,322 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Double Pane Windows
  • Vinyl Clad Windows
  • Drapes & Rods
  • Blinds
  • Combination Dining and Living Room
  • Home Office

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Smart Thermostat

Location

  • Ground Level

Schools

  • Beck Elementary School
  • Swope Middle School
  • Reno High School

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas 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 01959208

Community Details

Overview

  • Association fees include snow removal
  • $250 HOA Transfer Fee
  • Associated North Association
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions
  • Greenbelt

Amenities

  • Common Area

Recreation

  • Snow Removal

Security

  • Security Service
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,780

Year Built

Built in 2006

Lot Details

0

HOA Fees

$96 per month

Parking

2

Listing Details

  • Year Built: 2006
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Horses: No
  • Lot Features: Common Area, Greenbelt, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Acres: 0.02
  • Road Frontage Type: Private Road, Other
  • Has View?: Yes
  • Security Features: Keyless Entry, Security Fence, Security System Owned, Smoke Detector(s)
  • Association Amenities: Landscaping, Maintenance Grounds, Parking, Security
  • Association Fees: 96.0
  • Association Fee Frequency: Monthly
  • Association Fee Inclusions: Snow Removal
  • Has H O A?: Yes
  • Co List Office Mls Id: 1332-o
  • Co List Office Phone: 775-850-7033
  • Directions: Virginia Lake
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Living Area: 1322.0
  • Property Attached Yn: Yes
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Beck
  • Tax Legal Middle Or Junior School2: Swope
  • Tax Legal High School: Reno
  • Tax Legal Tax Annual Amount: 1779.96
  • Tax Legal Zoning4: MUSV
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 96.0
  • Building Stories5: 3
  • Building Property Attached Y N: Yes
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 0.02
  • Lot Lot Size Square Feet2: 871.2
  • Lot Horse Y N2: No
  • Association Details Transfer Fee: 250.0
  • Lot View Y N2: Yes
  • Lot Features Landscaped: Yes
  • Cooling Central Air: 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 Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Cooling Refrigerated: Yes
  • Appliances Disposal: Yes
  • Appliances Dryer: Yes
  • Appliances Washer: Yes
  • Security Features Smoke Detector(s): Yes
  • Sprinklers Drip System In Front: Yes
  • View Mountain(s): Yes
  • Appliances Microwave: Yes
  • Association Amenities Maintenance Grounds: Yes
  • Association Fee Includes Snow Removal2: Yes
  • Security Features Security Fence: Yes
  • Water Heater Gas5: Yes
  • Construction Materials Stucco: Yes
  • Security Features Security System Owned: Yes
  • Other Rooms Office Den: Yes
  • Lot Features Greenbelt: Yes
  • View Park Greenbelt: Yes
  • Association Amenities Landscaping: Yes
  • Lot Features Common Area3: Yes
  • Road Frontage Type Private Road: Yes
  • Road Responsibility Private Maintained Road: Yes
  • Association Amenities Security: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: Associated North
  • Appliances Gas Range: Yes
  • Association Details Management Company Phone5: 626-7333
  • Appliances Included As Personal Property Gas Oven2: Yes
  • Appliances Included As Personal Property Oven2: Yes
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Gas Range, Microwave, Oven, Refrigerator, Washer
  • Flooring: Carpet, Ceramic Tile, Wood
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Pantry, Smart Thermostat, Walk-In Closet(s)
  • Window Features: Blinds, Double Pane Windows, Drapes, Rods, Vinyl Frames
  • Interior Living Area4: 1322.0
  • Interior Fireplace Y N: No
  • Flooring Carpet: Yes
  • Interior Features Breakfast Bar: Yes
  • Window Features Double Pane Windows: Yes
  • Window Features Vinyl Frames: Yes
  • Kitchen Features Breakfast Bar2: Yes
  • Unit Level Ground Floor: Yes
  • Window Features Blinds: Yes
  • Window Features Drapes: Yes
  • Laundry Features In Hall: Yes
  • Dining Room Features Living Room Combination: Yes
  • Primary Bedroom Features Double Sinks: Yes
  • Primary Bedroom Features Shower Stall: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Wood: Yes
  • Window Features Rods: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Primary Bedroom Features High Ceilings6: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Kitchen Features Built- In Microwave: Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes
  • Living Room Features Dining Room Combination: Yes
  • Kitchen Features Built- In Single Oven: Yes
  • Interior Features Smart Thermostat: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Pitched, Shingle
  • Stories: 3
  • View: Mountain(s), Park/Greenbelt
  • Construction Type: Stucco, Wood Siding
  • Foundation Details: Slab
  • Construction Materials Wood Siding: Yes
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes

Garage/Parking

  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Garage Spaces: 2.0
  • Has Attached Garage?: Yes
  • Parking Features: Attached, Tandem
  • Total Parking Spaces: 2.0
  • Parking Information Garage Y N: Yes
  • Parking Information Garage Spaces: 2.0
  • Parking Information Carport Y N: No
  • Parking Information Parking Total: 2.0
  • Parking Features Attached: Yes
  • Association Amenities Parking: Yes
  • Parking Features Tandem: Yes

Utilities

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

Schools

  • Middle Or Junior School: Swope

Lot Info

  • Parcel Number: 01959208
  • Fencing: None
  • Lot Size Sq Ft: 871.2
  • Zoning: MUSV

Tax Info

  • Tax Annual Amount: 1779.96

MLS Schools

  • Elementary School: Beck
  • HighSchool: Reno

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2019
Sold by
Grunert Marc S and Grunert Susan S
Bought by
Grunert Susan S and Grunert Marc S
Current Estimated Value
$452,689

Purchase Details

Listed on
Mar 21, 2019
Closed on
May 9, 2019
Sold by
Kresse Carol A
Bought by
Grunert Marc S and Grunert Susan S
Seller's Agent
Allyson Edgington
Ferrari-Lund Real Estate South
Buyer's Agent
Ken Scott
RE/MAX Gold
List Price
$310,000
Sold Price
$300,000
Premium/Discount to List
-$10,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.70%

Purchase Details

Closed on
Oct 23, 2009
Sold by
Camden At Virginia Lake Crossing Llc
Bought by
Kresse Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,830
Interest Rate
5%
Mortgage Type
FHA
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
Grunert Susan S -- None Available
Grunert Marc S $300,000 Signature Title Zephyr Cove
Kresse Carol A $175,000 Ticor Title Reno
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kresse Carol A $171,830
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2019 05/10/19 Sold $300,000 -3.2% $227 / Sq Ft
03/25/2019 03/25/19 Pending -- -- --
03/21/2019 03/21/19 For Sale $310,000 -- $234 / 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 $2,269 $78,569 $25,585 $52,984
2024 $2,103 $83,599 $28,910 $54,689
2023 $2,103 $77,863 $29,750 $48,113
2022 $2,041 $65,730 $24,150 $41,580
2021 $1,982 $61,603 $20,020 $41,583
2020 $1,921 $62,520 $20,685 $41,835
2019 $1,833 $60,884 $18,480 $42,404
2018 $1,780 $55,418 $14,131 $41,287
2017 $1,728 $57,841 $17,115 $40,726
2016 $1,685 $55,370 $14,000 $41,370
2015 $1,682 $52,968 $10,850 $42,118
2014 $1,629 $51,079 $11,060 $40,019
2013 -- $43,142 $9,240 $33,902
Source: Public Records

Agents Affiliated with this Home

  • Allyson Edgington

    Seller's Agent in 2019

    Allyson Edgington

    Ferrari-Lund Real Estate South

    (775) 815-4157

    51 Total Sales

    Section Image
  • Ken Scott

    Buyer's Agent in 2019

    Ken Scott

    RE/MAX

    (775) 741-7558

    56 Total Sales

    Section Image
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Map

Source: Northern Nevada Regional MLS

MLS Number: 190003437

Northern Nevada Regional MLS

APN: 019-592-08

Nevada Washoe County Reno 89509 Virginia Lake

265 Gramercy Ln, Reno, NV

This home is located at 265 Gramercy Ln, Reno, NV 89509 since 21 March 2019 and is currently estimated at $428,406, approximately $324 per square foot. This property was built in 2006. 265 Gramercy Ln is a home located in Washoe County with nearby schools including Jessie Beck Elementary School, Darrell C Swope Middle School, and Reno High School.

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