NOT LISTED FOR SALE

Estimated Value: $461,000 - $688,000

2 Beds
3 Baths
2,659 Sq Ft
$215/Sq Ft Est. Value

Last Sold December 14, 2022

Last sale price $280,000 $105 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $3,221/month

158 Days on Market

Highlights

  • Mountain View
  • Living Room with Fireplace
  • No HOA
  • Deck
  • Corner Lot
  • 2-minute walk to Melody Lane Park

About This Home

As of December 2022

Located on a corner lot along Scottsdale Rd, this home has much potential and has views of the mountains in the distance. Walk into the entryway and circle through the cozy kitchen and dining space with an island bar. Large windows throughout letting in lots of natural light as you walk through the living room - fireplace for those cold Reno nights! Access to the second story deck which wraps around to the 2nd bedroom and backyard deck/patio. Main bedroom has ensuite bath with shower stall., Access to workshop space, garage, and laundry hookups from main bedroom. Moving downstairs, there is a sitting room with another fireplace and a large family room with wet bar and utility closet. Come see what potential could be yours! 2,659 sq ft is provided by owner and reflected on HUD Homes; Assessors shows 2,176 square feet. Home is being sold 'as-is.' Buyer & Buyer's agent to verify all information.

Last Agent to Sell the Property

Terry Rasner-Yacenda

Reno/Tahoe Realty Group, LLC License #B.0143016 Listed on: 06/16/2022

Last Buyer's Agent

Sherman Hickey

eXp Realty License #S.182338

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,641

Year Built

  • Built in 1977

Lot Details

  • 6,970 Sq Ft Lot
  • Back Yard Fenced
  • Corner Lot
  • Lot Sloped Up
  • Property is zoned SF8

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 2,659 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • 2 Fireplaces
  • Combination Kitchen and Dining Room
  • Workshop
  • Carpet
  • Mountain Views

Kitchen

  • Microwave
  • Dishwasher
  • No Kitchen Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Deck
  • Patio

Schools

  • Mathews Elementary School
  • Traner Middle School
  • Hug High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • HUD Owned
  • REO, home is currently bank or lender owned
  • Home warranty included in the sale of the property
  • Assessor Parcel Number 02647213

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,641

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1977
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Corner Lot, Sloped Up
  • Lot Size Acres: 0.16
  • Road Frontage Type: Other
  • Has View?: Yes
  • Association Amenities: None
  • Has H O A?: No
  • Co List Office Mls Id: 1785-o
  • Co List Office Phone: 775-473-8899
  • Special Conditions: HUD Owned, Real Estate Owned
  • Directions: Cityview Terrace
  • Has Fireplace?: Yes
  • Living Area: 2659.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Mathews
  • Tax Legal Middle Or Junior School2: Traner
  • Tax Legal High School: Hug
  • Tax Legal Tax Annual Amount: 1641.1
  • Tax Legal Zoning4: SF8
  • Association Community Association Y N3: No
  • Building Stories5: 2
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 0.16
  • Lot Lot Size Square Feet2: 6969.6
  • Lot Horse Y N2: No
  • Lot View Y N2: Yes
  • Fencing Back Yard: Yes
  • Foundation Details Slab: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Appliances Disposal: Yes
  • Outdoor Living Spaces Deck3: Yes
  • Outdoor Living Spaces Patio2: Yes
  • View Mountain(s): Yes
  • Appliances Microwave: Yes
  • Lot Features Sloped Up: Yes
  • Water Heater Gas5: Yes
  • Lot Features Corner Lot: Yes
  • Other Rooms Workshop3: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Appliances None2: Yes
  • Special Listing Conditions H U D Owned: Yes
  • Special Features: RealEstateOwned
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, None
  • Flooring: Carpet
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplaces: 2
  • Interior Amenities: Kitchen Island, Pantry
  • Window Features: Single Pane Windows
  • Interior Living Area4: 2659.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Fireplace Features Living Room: Yes
  • Living Room Features Separate Formal Room: Yes
  • Family Room Features Separate Formal Room3: Yes
  • Interior Fireplaces Total2: 2.0
  • Primary Bedroom Features Shower Stall: Yes
  • Laundry Features Laundry Area: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Dining Room Features Kitchen Combination: Yes
  • Interior Features Kitchen Island: Yes
  • Kitchen Features Built- In Microwave: Yes
  • Kitchen Features Kitchen Island2: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Pitched, Shake, Wood
  • Stories: 2
  • View: Mountain(s)
  • Construction Type: Wood Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Deck
  • Construction Materials Wood Siding: Yes
  • Roof Pitched: Yes
  • Roof Shake: Yes
  • Roof Wood4: Yes

Garage/Parking

  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Garage Spaces: 2.0
  • Has Attached Garage?: Yes
  • Parking Features: Attached
  • 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
  • Laundry Features In Garage: Yes

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: In Garage, Laundry Area
  • Heating: Forced Air, 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 Forced Air: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes

Schools

  • Middle Or Junior School: Traner

Lot Info

  • Parcel Number: 02647213
  • Fencing: Back Yard
  • Lot Size Sq Ft: 6969.6
  • Zoning: SF8

Tax Info

  • Tax Annual Amount: 1641.1

MLS Schools

  • Elementary School: Mathews
  • HighSchool: Hug

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2023
Sold by
Lippold Justin and Lippold Sarah
Bought by
Horstman Nicholas and Horstman Kendra
Current Estimated Value
$572,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Outstanding Balance
$516,996
Interest Rate
7.09%
Mortgage Type
Seller Take Back
Estimated Equity
$21,003

Purchase Details

Listed on
Jun 16, 2022
Closed on
Dec 13, 2022
Sold by
Lippold Justin
Bought by
Lippold Justin and Lippold Sarah L
Seller's Agent
Terry Rasner-Yacenda
Reno/Tahoe Realty Group, LLC
Buyer's Agent
Sherman Hickey
eXp Realty
List Price
$349,600
Sold Price
$280,000
Premium/Discount to List
-$69,600
-19.91%
Views
282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.80%

Purchase Details

Closed on
Aug 19, 2021
Sold by
Lee Thomas E and Lee Daniel T
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Sep 3, 2008
Sold by
Lee Harriett J
Bought by
Lee Harriett J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,500
Interest Rate
6.59%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
May 6, 1996
Sold by
Lee Harriett
Bought by
Lee Harriett J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,700
Interest Rate
7.68%
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
Horstman Nicholas $525,000 Stewart Title
Lippold Justin -- First American Title
Lippold Justin $280,000 First American Title
Secretary Of Housing & Urban Development $200,150 Pacific Coast Title
Lee Harriett J -- First Centennial Reno
Lee Harriett J -- Western Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horstman Nicholas $525,000
Previous Owner Lee Harriett J $415,500
Previous Owner Lee Harriett J $95,100
Previous Owner Lee Harriett J $93,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2022 12/14/22 Sold $280,000 -4.9% $105 / Sq Ft
11/21/2022 11/21/22 Pending -- -- --
11/08/2022 11/08/22 Price Changed $294,400 -15.8% $111 / Sq Ft
10/12/2022 10/12/22 For Sale $349,600 0.0% $131 / Sq Ft
09/22/2022 09/22/22 Pending -- -- --
09/07/2022 09/07/22 Price Changed $349,600 -13.6% $131 / Sq Ft
08/01/2022 08/01/22 Price Changed $404,800 -12.0% $152 / Sq Ft
06/16/2022 06/16/22 For Sale $460,000 -- $173 / 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 $2,058 $79,667 $41,720 $37,947
2024 $2,058 $72,055 $32,585 $39,470
2023 $1,907 $73,938 $34,860 $39,078
2022 $1,767 $64,044 $30,730 $33,314
2021 $1,641 $54,483 $20,685 $33,798
2020 $1,541 $55,969 $21,140 $34,829
2019 $1,496 $53,426 $19,495 $33,931
2018 $1,454 $47,691 $13,755 $33,936
2017 $1,412 $48,288 $13,545 $34,743
2016 $1,375 $46,690 $10,710 $35,980
2015 $1,372 $46,762 $10,150 $36,612
2014 $1,281 $42,330 $7,980 $34,350
2013 -- $33,701 $6,300 $27,401
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 220008811

Northern Nevada Regional MLS

APN: 026-472-13