NOT LISTED FOR SALE

3075 Socrates Dr Reno, NV 89512

West University Neighborhood

Estimated Value: $638,000 - $914,000

0.34 Acre
$2,308,750 Price per Acre
14,810 Sq Ft Lot

Last Sold August 16, 2016

Last sale price $155,000

Est. 383% increase in value since last sale

Current estimated payment $4,611/month

25 Days on Market

About This Lot

As of August 2016

Rare opportunity on what may be the best view lot available in the Reno area. University ridge is considered to have the most breath taking views of downtown and the Sierra Nevada mountain range. Uniquely located to take full advantage of all the events Reno has to offer. Enjoy the Balloon races, Fire works from downtown, and the Reno Aces ball park all up front and personal. The sellers continually get requests from artists and local T.V stations to use the lot for its spectacular view., There are two adjoining streets for this lot. The first is above on the main street of Socrates and a second access can be had below off of Zeus way. Other home owners have built a second unit off the lower access so there may be a possibility of doing the same. There is city water and sewer available. Don't miss the opportunity to build your dream home with the best views around.

Last Agent to Sell the Property

Shondra Briley

Seven Star Realty, Inc. Listed on: 07/08/2016

Co-Listed By

John Townley

Reno/Tahoe Realty Group, LLC License #BS.144902

Last Buyer's Agent

Sharon McNicol

NV Properties Group License #B.45234

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $598

Lot Details

  • 0.34 Acre Lot
  • Corners Of The Lot Have Been Marked
  • Lot Sloped Down
  • Property is zoned PUD

HOA Fees

  • $25 Monthly HOA Fees

Property Views

  • City
  • Mountain
  • Valley

Schools

  • Peavine Elementary School
  • Clayton Middle School
  • Hug High School

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Community Details

  • University Ridge Association
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 00350109

Property Details

Property Type

Land

Est. Annual Taxes

$598

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Land
  • Horses: No
  • Lot Features: Sloped Down, Corners Marked, Curbs, Sidewalks
  • Lot Size Acres: 0.34
  • Road Frontage Type: Other, Public Access
  • Road Surface Type: Paved
  • Has View?: Yes
  • Association Fees: 300.0
  • Association Fee Frequency: Annually
  • Has H O A?: Yes
  • Co List Office Mls Id: 1753-o
  • Co List Office Phone: 775-333-2858
  • Co List Office Mls Id: 1753-o
  • Co List Office Phone: 775-333-2858
  • Directions: University Ridge/ Socrates Drive
  • Tax Legal Zoning4: PUD
  • Lot Features Sloped Down: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Water Rights Water Rights Y N: No
  • View Mountain(s): Yes
  • View Valley: Yes
  • Association Details Management Company Name5: University Ridge
  • Tax Legal Elementary School2: Peavine
  • Tax Legal High School2: Hug
  • Tax Legal Tax Annual Amount3: 598.0
  • Tax Legal Middleor Junior School3: Clayton
  • Association Community Association Y N: Yes
  • Lot Lot Size Acres: 0.34
  • Lot View Y N4: Yes
  • Lot Horse Y N4: No
  • Lot Features Corners Marked: Yes
  • Land Details Crops Included Y N: No
  • Land Details Deed Restrictions: Unknown
  • Land Details Easements Y N: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: City, Mountain(s), Valley

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Underground Utilities
  • Water Source: Public
  • Sewer: Public Sewer
  • 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
  • Water Source Public: Yes
  • Utilities Underground Utilities: Yes

Schools

  • Middle Or Junior School: Clayton

Lot Info

  • Parcel Number: 00350109
  • Fencing: None
  • Lot Size Sq Ft: 14810.4
  • Crops Included: No
  • Zoning: PUD

Tax Info

  • Tax Annual Amount: 598.0

MLS Schools

  • Elementary School: Peavine
  • HighSchool: Hug

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2021
Sold by
Howe Gregory R
Bought by
Howe Gregory R and Gregory R Howe Living Trust
Current Estimated Value
$748,915

Purchase Details

Listed on
Jul 8, 2016
Closed on
Aug 8, 2016
Sold by
Hughes T W and Hughes Erlinda C
Bought by
Howe Gregory R
Seller's Agent
Shondra Briley
Seven Star Realty, Inc.
Buyer's Agent
Sharon McNicol
NV Properties Group
List Price
$174,900
Sold Price
$155,000
Premium/Discount to List
-$19,900
-11.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.71%

Purchase Details

Closed on
Sep 21, 1995
Sold by
Macabeo Donald and Macabeo Gloria Jean
Bought by
Hughes T W and Hughes Erlinda C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,500
Interest Rate
7.92%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Howe Gregory R -- None Available
Howe Gregory R $155,500 First Centennial Reno
Hughes T W $59,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hughes T W $54,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2016 08/16/16 Sold $155,000 -11.4% --
08/02/2016 08/02/16 Pending -- -- --
07/08/2016 07/08/16 For Sale $174,900 -- --
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 $6,073 $229,392 $53,466 $175,926
2024 $5,897 $226,805 $50,400 $176,405
2023 $5,897 $215,643 $47,777 $167,866
2022 $5,726 $196,306 $58,849 $137,457
2021 $5,559 $186,219 $50,400 $135,819
2020 $5,395 $191,528 $54,600 $136,928
2019 $5,238 $177,039 $52,500 $124,539
2018 $4,594 $137,554 $29,575 $107,979
2017 $615 $25,733 $25,725 $8
2016 $600 $28,306 $28,298 $8
2015 $598 $26,957 $26,950 $7
2014 $580 $22,718 $22,715 $3
2013 -- $19,530 $19,530 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Shondra Briley

    Seven Star Realty, Inc.

    Section Image

  • J

    Seller Co-Listing Agent in 2016

    John Townley

    Reno/Tahoe Realty Group, LLC

    (775) 690-2994

    20 Total Sales

    Section Image

  • S

    Buyer's Agent in 2016

    Sharon McNicol

    NV Properties Group

See All Agents

Map

Source: Northern Nevada Regional MLS

MLS Number: 160010270

Northern Nevada Regional MLS

APN: 003-501-09

Nevada Washoe County Reno 89512 West University

3075 Socrates Dr, Reno, NV

This home is located at 3075 Socrates Dr, Reno, NV 89512 since 08 July 2016 and is currently estimated at $784,975. 3075 Socrates Dr is a home located in Washoe County with nearby schools including Peavine Elementary School, Archie Clayton Pre-AP Academy, and Coral Academy Charter School Elementary.

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