NOT LISTED FOR SALE

2985 Tierra Verde E Reno, NV 89512

West University Neighborhood

Estimated Value: $242,000 - $264,000

2 Beds
2 Baths
891 Sq Ft
$248/mo HOA Fee

Last Sold February 11, 2020

Last sale price $160,000 $180 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,643/month

5 Days on Market

Highlights

  • Unit is on the top floor
  • 1 Fireplace
  • Walk-In Closet
  • In Ground Pool
  • Double Pane Windows
  • Views

About This Home

As of February 2020

Perfect 2 bedrooms, 2 bathrooms McCarran Knolls condo close to UNR, TMCC, shopping and restaurants .Gas fireplace.Huge balcony. Refrigerator, washer and dryer included. Owner has two assigned parking space, one covered and one uncovered. Park-like common area with mature landscaping and a lot of privacy.

Last Agent to Sell the Property

Anna Lord

Tomana Realty License #B.1001127 Listed on: 01/11/2020

Last Buyer's Agent

Cesar Tobar

True Real Estate License #B.143547

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $464

Year Built

  • Built in 1986

Lot Details

  • Landscaped
  • Front and Back Yard Sprinklers

HOA Fees

  • $248 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 891 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Double Pane Windows
  • Family Room
  • Combination Dining and Living Room
  • Crawl Space
  • Property Views

Kitchen

  • Built-In Oven
  • Electric Oven
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Parking Available
  • Common or Shared Parking

Schools

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

Utilities

  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Flashing Doorbell
  • In Ground Pool
  • Unit is on the top floor

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 00405214

Community Details

Overview

  • Association fees include snow removal, utilities
  • $200 HOA Transfer Fee
  • Western Nevada Management Association, Phone Number (775) 284-4434
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Pool
  • Snow Removal

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$464

Year Built

Built in 1986

Lot Details

0

HOA Fees

$248 per month

Listing Details

  • Year Built: 1986
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Horses: No
  • Lot Features: Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
  • Road Frontage Type: Other
  • Has View?: Yes
  • Security Features: Smoke Detector(s)
  • Association Amenities: Landscaping, Parking, Pool
  • Association Fees: 248.0
  • Association Fee Frequency: Monthly
  • Association Fee Inclusions: Snow Removal, Utilities
  • Has H O A?: Yes
  • Co List Office Mls Id: 1919-o
  • Co List Office Phone: 775-771-2222
  • Directions: McCarran Blvd
  • Accessibility Features: Bell Light(s)
  • Has Fireplace?: Yes
  • Living Area: 891.0
  • Property Attached Yn: Yes
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Cannan
  • Tax Legal Middle Or Junior School2: Traner
  • Tax Legal High School: Hug
  • Tax Legal Tax Annual Amount: 464.06
  • Tax Legal Zoning4: MF-30
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 248.0
  • Building Stories5: 1
  • Building Property Attached Y N: Yes
  • Building Home Warranty Y N: Yes
  • Lot Horse Y N2: No
  • Association Details Transfer Fee: 200.0
  • Lot View Y N2: Yes
  • Lot Features Landscaped: Yes
  • Foundation Details Crawl Space: 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 Heater Electric5: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Appliances Disposal: Yes
  • Appliances Dryer: Yes
  • Appliances Washer: Yes
  • Security Features Smoke Detector(s): Yes
  • Association Fee Includes Snow Removal2: Yes
  • Association Amenities Landscaping: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: Western Nevada Management
  • Appliances Electric Range: Yes
  • Association Details Management Company Phone5: 775-284-4434
  • Appliances Electric Oven: Yes
  • Accessibility Features Bell Light(s): Yes
  • Appliances Included As Personal Property Oven2: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Oven, Refrigerator, Washer
  • Flooring: Carpet, Tile, Vinyl
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Interior Amenities: Walk-In Closet(s)
  • Window Features: Double Pane Windows
  • Interior Living Area4: 891.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Window Features Double Pane Windows: Yes
  • Laundry Features In Hall: Yes
  • Living Room Features Family Room Combination: Yes
  • Dining Room Features Living Room Combination: Yes
  • Interior Fireplaces Total2: 1.0
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes
  • Flooring Tile: Yes
  • Flooring Vinyl: Yes
  • Unit Level Top Floor: Yes
  • Kitchen Features Built- In Single Oven: Yes

Exterior Features

  • Roof: Composition, Shingle
  • Stories: 1
  • Pool Features: In Ground
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space
  • Construction Materials Wood Siding: Yes
  • Association Amenities Pool: Yes
  • Roof Composition: Yes
  • Roof Shingle: Yes
  • Pool Features In Ground: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Carport Spaces: 1.0
  • Has Carport?: Yes
  • Has Attached Garage?: No
  • Parking Features: None
  • Total Parking Spaces: 1.0
  • Parking Information Garage Y N: No
  • Parking Information Carport Y N: Yes
  • Parking Information Carport Spaces2: 1.0
  • Parking Information Parking Total: 1.0
  • Association Amenities Parking: Yes

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: In Hall
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Heating Y N3: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes
  • Association Fee Includes Utilities: Yes

Schools

  • Middle Or Junior School: Traner

Lot Info

  • Parcel Number: 00405214
  • Fencing: None
  • Zoning: MF-30

Tax Info

  • Tax Annual Amount: 464.06

MLS Schools

  • Elementary School: Cannan
  • HighSchool: Hug

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2020
Closed on
Feb 7, 2020
Sold by
James Simon R A and James Jane A
Bought by
Lipinska Natalia
Seller's Agent
Anna Lord
Tomana Realty
Buyer's Agent
Cesar Tobar
True Real Estate
List Price
$169,000
Sold Price
$160,000
Premium/Discount to List
-$9,000
-5.33%
Current Estimated Value
$248,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,328
Avg. Annual Appreciation
8.04%

Purchase Details

Closed on
Sep 29, 2014
Sold by
Simon James Jane and Simon James
Bought by
The James Whanau Trust

Purchase Details

Closed on
Apr 29, 2010
Sold by
Wood Is Good Llc
Bought by
Simon James Jane and Simon James

Purchase Details

Closed on
Jan 25, 2010
Sold by
Lsf6 Mercury Reo Investments Trust Serie
Bought by
Wood Is Good Llc

Purchase Details

Closed on
Mar 16, 2009
Sold by
Berumen Mercedes
Bought by
Lsf6 Mercury Reo Investments Trust Serie

Purchase Details

Closed on
Jun 1, 2007
Sold by
Berumen Mercedes and Torres Mercedes
Bought by
Berumen Mercedes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,200
Interest Rate
7.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2004
Sold by
Torres Mercedes
Bought by
Torres Mercedes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 1997
Sold by
Torres Ernesto
Bought by
Torres Mercedes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,181
Interest Rate
7.31%
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
Lipinska Natalia $160,000 Signature Title Zephyr Cove
The James Whanau Trust -- None Available
Simon James Jane $54,000 First American Title Reno
Wood Is Good Llc $29,000 Ticor Title Reno
Lsf6 Mercury Reo Investments Trust Serie $70,932 First American National Defa
Berumen Mercedes -- First American Title
Torres Mercedes -- Marquis Title & Escrow
Torres Mercedes -- First American Title Co
Torres Mercedes $72,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Berumen Mercedes $142,200
Previous Owner Torres Mercedes $108,000
Previous Owner Torres Mercedes $72,000
Previous Owner Torres Mercedes $12,670
Previous Owner Torres Mercedes $71,181
Closed Torres Mercedes $18,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2020 02/11/20 Sold $160,000 -5.3% $180 / Sq Ft
01/16/2020 01/16/20 Pending -- -- --
01/11/2020 01/11/20 For Sale $169,000 -- $190 / 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 $624 $36,377 $19,005 $17,372
2024 $624 $36,778 $18,585 $18,193
2023 $578 $33,938 $16,660 $17,278
2022 $538 $29,178 $14,140 $15,038
2021 $521 $25,905 $10,710 $15,195
2020 $487 $26,320 $10,850 $15,470
2019 $464 $25,116 $10,115 $15,001
2018 $451 $21,440 $6,615 $14,825
2017 $439 $21,399 $6,545 $14,854
2016 $428 $20,472 $5,075 $15,397
2015 $427 $19,731 $3,885 $15,846
2014 $415 $14,333 $2,870 $11,463
2013 -- $10,938 $1,890 $9,048
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Anna Lord

    Tomana Realty

    (775) 771-2222

    17 Total Sales

    Anna Lord
    Section Image
  • Cesar Tobar

    Buyer's Agent in 2020

    Cesar Tobar

    True Real Estate

    (775) 354-6062

    2 in this area

    51 Total Sales

    Cesar Tobar
    Section Image
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Map

Source: Northern Nevada Regional MLS

MLS Number: 200000401

Northern Nevada Regional MLS

APN: 004-052-14

Nevada Washoe County Reno 89512 West University

2985 Tierra Verde E, Reno, NV

This home is located at 2985 Tierra Verde E, Reno, NV 89512 since 11 January 2020 and is currently estimated at $248,328, approximately $278 per square foot. This property was built in 1986. 2985 Tierra Verde E is a home located in Washoe County with nearby schools including Lois Allen Elementary School, Desert Skies Middle School, and Procter R. Hug High School.

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