NOT LISTED FOR SALE

320 E Five Mile Rd Reno, NV 89521

Estimated Value: $184,000 - $227,573

10 Acres
$20,217 Price per Acre
439,956 Sq Ft Lot

Last Sold June 07, 2024

Last sale price $185,000

Est. 10% increase in value since last sale

Current estimated payment $1,204/month

244 Days on Market

Highlights

  • Horses Allowed On Property
  • View of Trees or Woods
  • Wooded Lot
  • Hugh Gallagher Elementary School Rated 9+
  • 10.1 Acre Lot

About This Lot

As of June 2024

This is THE premier building lot in the Highland Ranches. Featuring unobstructable Sierra views centered on Mount Rose and Slide Mountain. Over 10 acres, offering Airport, and Virginia City only minutes away. Its building pad nestled among Pinion pines has exceptional privacy. At the building pad is a 70 GPM well which is among the strongest in the area. Electric power is at the adjacent parcel.Wild horses roam nearby. View, acreage, access, privacy, water, power... This property has it all!, Well report under document button.

Last Agent to Sell the Property

Sherrie Cartinella

Ferrari-Lund Real Estate Reno License #BS.29532 Listed on: 09/04/2023

Ferrari-Lund Real Estate Reno

Last Buyer's Agent

Alanna Martin

Sierra Nevada Properties-Reno License #S.193771

Sierra Nevada Properties-Reno

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $840

Lot Details

  • 10.1 Acre Lot
  • Property fronts an easement
  • Corners Of The Lot Have Been Marked
  • Lot Sloped Up
  • Wooded Lot
  • Property is zoned E10-HR

HOA Fees

  • Property has a Home Owners Association

Property Views

  • Woods
  • Mountain
  • Valley

Schools

  • Gallagher Elementary School
  • Virginia City Middle School
  • Virginia City High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • No Utilities
  • Well
  • Septic Needed
  • Sewer Not Available

Community Details

  • Highland Ranches Property Owners Association, Phone Number (775) 525-1701
  • The community has rules related to covenants, conditions, and restrictions, deed restrictions

Listing and Financial Details

  • Assessor Parcel Number 00343111

Property Details

Property Type

Land

Est. Annual Taxes

$840

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Land
  • Horses: Yes
  • LotSizeAcres: 10.1
  • Road Frontage Type: Other, Public Access
  • Road Surface Type: Paved
  • Co List Office Mls Id: 643-o
  • Co List Office Phone: 775-688-4000
  • Directions: Geiger Grade-Cartwright-Five mile
  • Tax Legal Zoning4: E10-HR
  • Utilities Water Available: Yes
  • Special Information Covenants Conditions Restrictions YN: Yes
  • Water Rights Water Rights YN: No
  • View Mountain(s): Yes
  • Lot Features Sloped Up: Yes
  • View Valley: Yes
  • View TreesWoods: Yes
  • Water Source Well: Yes
  • Lot Features Wooded: Yes
  • Association Details Management Company Name5: Highland Ranches Property Owners
  • Tax Legal Elementary School2: Gallagher, Hugh
  • Tax Legal High School2: Virginia City
  • Tax Legal Tax Annual Amount3: 840.0
  • Association Details Management Company Phone5: 775-525-1701
  • Tax Legal Middle or Junior School3: Virginia City
  • AssociationCommunity Association YN: Yes
  • Lot Lot Size Acres: 10.1
  • Lot View YN4: Yes
  • Lot Horse YN4: Yes
  • Lot Features Corners Marked: Yes
  • Land Details Crops Included YN: No
  • Land Details Deed Restrictions: Yes
  • Land Details Road Easement YN: Yes
  • Land Details Utility Easement YN: Yes
  • Utilities Sewer Not Available: Yes
  • Utilities None27: Yes
  • Sewer Septic Needed: Yes
  • Association Details Association Other Fee: 100.0
  • Development Status Raw Land: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountain(s), Trees/Woods, Valley

Utilities

  • Utilities: Sewer Not Available, Water Available, None
  • Water Source: Well
  • Sewer: Septic Needed

Schools

  • Middle Or Junior School: Virginia City

Lot Info

  • Parcel Number: 00343111
  • Fencing: None
  • Development Status: Raw Land
  • Lot Size Sq Ft: 439956.0
  • Crops Included: No
  • Zoning: E10-HR

Tax Info

  • Tax Annual Amount: 840.0

MLS Schools

  • Elementary School: Gallagher, Hugh
  • HighSchool: Virginia City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2023
Closed on
May 24, 2024
Sold by
Sunflower Living Trust and Moffitt Larry J
Bought by
Warmkessel Jonathan and Warmkessel Deborah
Seller's Agent
Sherrie Cartinella
Ferrari-Lund Real Estate Reno
Buyer's Agent
Alanna Martin
Sierra Nevada Properties-Reno
List Price
$229,000
Sold Price
$185,000
Premium/Discount to List
-$44,000
-19.21%
Current Estimated Value
$204,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,191
Avg. Annual Appreciation
17.60%
Original Mortgage
$148,000
Outstanding Balance
$126,856
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$94,977

Purchase Details

Listed on
Nov 6, 2021
Closed on
Nov 29, 2021
Sold by
Baumez Robert Gordon
Bought by
Smith Kathryn W
Seller's Agent
Cyndy Brown
Coldwell Banker Select Reno
Buyer's Agent
Sherrie Cartinella
Ferrari-Lund Real Estate Reno
List Price
$149,900
Sold Price
$145,000
Premium/Discount to List
-$4,900
-3.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.15%

Purchase Details

Listed on
Nov 6, 2021
Closed on
Nov 28, 2021
Sold by
Smith Kathryn W
Bought by
Moffitt Larry and Lee Linda
Seller's Agent
Cyndy Brown
Coldwell Banker Select Reno
Buyer's Agent
Sherrie Cartinella
Ferrari-Lund Real Estate Reno
List Price
$149,900
Sold Price
$145,000
Premium/Discount to List
-$4,900
-3.27%

Purchase Details

Listed on
Dec 23, 2013
Closed on
Jun 22, 2015
Sold by
Kurz Daniel and Kurz Andrea
Bought by
Smith Kathryn W
Seller's Agent
Jim Watson
Virginia City Realty & Develop
Buyer's Agent
Jim Watson
Virginia City Realty & Develop
List Price
$110,000
Sold Price
$77,500
Premium/Discount to List
-$32,500
-29.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.25%
Original Mortgage
$58,125
Interest Rate
3.83%
Mortgage Type
New Conventional
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
Warmkessel Jonathan $185,000 Stewart Title
Smith Kathryn W -- Ticor Title Reno
Moffitt Larry $145,000 Ticor Title Reno
Smith Kathryn W $77,500 First Centennial Reno
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Warmkessel Jonathan $148,000
Previous Owner Smith Kathryn W $58,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $185,000 -19.2% --
05/05/2024 05/05/24 Pending -- -- --
09/04/2023 09/04/23 For Sale $229,000 +57.9% --
11/29/2021 11/29/21 Sold $145,000 -3.3% --
11/12/2021 11/12/21 Pending -- -- --
11/06/2021 11/06/21 For Sale $149,900 +93.4% --
06/30/2015 06/30/15 Sold $77,500 -29.5% --
05/25/2015 05/25/15 Pending -- -- --
12/23/2013 12/23/13 For Sale $110,000 -- --
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
2024 $681 $36,018 $29,313 $6,705
2023 $908 $34,051 $28,000 $6,051
2022 $779 $30,665 $25,550 $5,115
2021 $721 $28,590 $23,625 $4,965
2020 $668 $28,596 $23,625 $4,971
2019 $618 $23,438 $18,646 $4,792
2018 $572 $21,273 $16,648 $4,625
2017 $549 $20,236 $15,559 $4,677
2016 $376 $12,966 $12,966 $0
2015 $690 $9,974 $9,974 $0
2014 $690 $9,974 $9,974 $0
Source: Public Records

Agents Affiliated with this Home

  • Sherrie Cartinella

    Seller's Agent in 2024

    Sherrie Cartinella

    Ferrari-Lund Real Estate Reno

    (775) 762-2323

    4 in this area

    80 Total Sales

    Sherrie Cartinella
    Section Image
  • Alanna Martin

    Buyer's Agent in 2024

    Alanna Martin

    Sierra Nevada Properties

    (775) 374-5024

    3 in this area

    15 Total Sales

    Alanna Martin
    Section Image
  • Cyndy Brown

    Seller's Agent in 2021

    Cyndy Brown

    Coldwell Banker Select Reno

    (775) 772-3253

    3 in this area

    43 Total Sales

    Cyndy Brown
    Section Image

  • J

    Seller's Agent in 2015

    Jim Watson

    Virginia City Realty & Develop

    Section Image
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Map

Source: Northern Nevada Regional MLS

MLS Number: 230010382

Northern Nevada Regional MLS

APN: 003-431-11

Nevada Storey County Reno 89521

320 E Five Mile Rd, Reno, NV

This home is located at 320 E Five Mile Rd, Reno, NV 89521 since 04 September 2023 and is currently estimated at $204,191. 320 E Five Mile Rd is a home located in Storey County with nearby schools including Hugh Gallagher Elementary School and Virginia City Middle School.

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