NOT LISTED FOR SALE

Estimated Value: $1,749,057

1.4 Acres
$1,249,326 Price per Acre
60,984 Sq Ft Lot

Sale Details

Date Sold: February 22, 2021

Last sale price $500,000

Est. 250% increase in value since last sale

Current estimated payment $10,293 / mo

206 Days on Market

Highlights

  • Horses Allowed On Property
  • 1.4 Acre Lot
  • Greenbelt
  • View of Trees or Woods
  • River Nearby
  • Split Rail Fence

About This Lot

As of February 2021

Truly rare, extraordinary riverfront land in Verdi. Imagine fishing in your backyard along the beautiful Truckee River. Build your dream home with 130 feet of riverfront in established neighborhood in Verdi’s horse country. This land has long distance views and room for growing fruit trees and a big garden. The possibilities are endless. Power at the site. 10-minute drive into Reno, but a world apart with open space, views and quiet. Owner is willing to finance.

Last Agent to Sell the Property

Jennifer Rosser

RE/MAX Professionals-Reno License #BS.145301 Listed on: 07/03/2020

RE/MAX Professionals-Reno

Last Buyer's Agent

Jennifer Jory

Haute Properties NV License #B.1001697

Haute Properties NV
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,782

Lot Details

  • 1.4 Acre Lot
  • Split Rail Fence
  • Level Lot
  • Open Lot
  • Corners Of The Lot Have Been Marked
  • Cleared Lot
  • Property is zoned HDR

HOA Fees

  • $13 Monthly HOA Fees

Property Views

  • Woods
  • Mountain
  • Meadow
  • Park or Greenbelt

Schools

  • Verdi Elementary School
  • Billinghurst Middle School
  • Mc Queen High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Underground Utilities
  • Well Required
  • Septic Needed
  • Sewer Not Available
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 03866111

Community Details

Overview

  • Terrawest Association
  • The community has rules related to covenants, conditions, and restrictions
  • Greenbelt

Recreation

  • River Nearby

Property Details

Property Type

Land

Est. Annual Taxes

$1,782

Lot Details

1.4 Acres

HOA Fees

$13 per month

Listing Details

  • Current Use: Unimproved
  • Property Type: Land
  • Horses: Yes
  • Lot Features: Greenbelt, Level, Open Lot, Cleared, Corners Marked
  • Lot Size Acres: 1.4
  • Road Frontage Type: Public Access
  • Road Surface Type: Paved
  • Has View?: Yes
  • Association Fees: 160.0
  • Association Fee Frequency: Annually
  • Has H O A?: Yes
  • Co List Office Mls Id: 2713-o
  • Co List Office Phone: 775-544-1328
  • Directions: Erminia Rd
  • Tax Legal Zoning4: HDR
  • Lot Features Level: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Water Rights Water Rights Y N: No
  • View Mountain(s): Yes
  • Lot Features Open Lot: Yes
  • View Trees Woods: Yes
  • Lot Features Greenbelt: Yes
  • View Park Greenbelt: Yes
  • View Meadow2: Yes
  • Association Details Management Company Name5: TerraWest
  • Water Body View Yes2: Yes
  • Water Body Type River: Yes
  • Tax Legal Elementary School2: Verdi
  • Tax Legal High School2: Mc Queen
  • Lot Features Adjoins River: Yes
  • Tax Legal Tax Annual Amount3: 1782.0
  • Tax Legal Middleor Junior School3: Billinghurst
  • Association Community Association Y N: Yes
  • Lot Lot Size Acres: 1.4
  • 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: No
  • Land Details Utility Easement Y N: Yes
  • Lot Features Cleared: Yes
  • Sewer Septic Needed: Yes
  • Fencing Rail: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • View: Meadow, Mountain(s), Park/Greenbelt, Trees/Woods

Utilities

  • Utilities: Electricity Available, Phone Available, Sewer Not Available, Underground Utilities
  • Water Source: Well Needed
  • Sewer: Septic Needed
  • Utilities Electricity Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Underground Utilities: Yes
  • Utilities Sewer Not Available: Yes
  • Water Source Well Needed: Yes

Schools

  • Middle Or Junior School: Billinghurst

Lot Info

  • Parcel Number: 03866111
  • Fencing: Rail
  • Lot Size Sq Ft: 60984.0
  • Crops Included: No
  • Zoning: HDR

Tax Info

  • Tax Annual Amount: 1782.0

MLS Schools

  • Elementary School: Verdi
  • HighSchool: Mc Queen

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2021
Sold by
Bought by
Current Estimated Value
$1,749,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,065,000
Outstanding Balance
$954,893
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$794,164

Purchase Details

Listed on
Jul 3, 2020
Closed on
Feb 19, 2021
Sold by
Bought by
Seller's Agent
Jennifer Rosser
RE/MAX Professionals-Reno
Buyer's Agent
Jennifer Jory
Haute Properties NV
List Price
$650,000
Sold Price
$500,000
Premium/Discount to List
-$150,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.88%

Purchase Details

Closed on
Nov 1, 2004
Sold by
Bought by

Purchase Details

Closed on
May 18, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- First Centennial Reno
$500,000 Acme Title And Escrow Svcs
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $172,000
Open $1,065,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/22/2021 02/22/21 Sold $500,000 -4.8% --
01/24/2021 01/24/21 Pending -- -- --
01/19/2021 01/19/21 Price Changed $525,000 -11.8% --
07/27/2020 07/27/20 Price Changed $595,000 -8.5% --
07/02/2020 07/02/20 For Sale $650,000 -- --
Source: Northern Nevada Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $8,008 $462,954 $204,750 $258,204
2025 $10,369 $457,371 $196,875 $260,496
2024 $10,067 $434,315 $173,250 $261,065
2023 $10,067 $228,114 $173,250 $54,864
2022 $3,620 $202,848 $157,500 $45,348
2021 $1,992 $133,875 $133,875 $0
2020 $1,872 $112,000 $112,000 $0
2019 $1,783 $92,400 $92,400 $0
2018 $1,701 $77,000 $77,000 $0
2017 $1,633 $70,000 $70,000 $0
2016 $1,591 $70,000 $70,000 $0
2015 $1,191 $49,000 $49,000 $0
2014 $1,588 $49,000 $49,000 $0
2013 -- $49,000 $49,000 $0
Source: Public Records

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Map

Source: Northern Nevada Regional MLS

MLS Number: 200008853

Northern Nevada Regional MLS

APN: 038-661-11

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