$145,000
SOLD NOV 29, 2021

320 E Five Mile Rd Reno, NV 89521

10 Acres
$14,486 Price per Acre
436,036 Sq Ft Lot

Recently Sold

3% Below List Price

6 Days on Market

Highlights

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

About This Lot

As of June 2024

SPECTACULAR VIEWS OF MT ROSE AND EASY ACCESS to this beautiful 10 acre property in the Virginia City Highlands!! Just South of Cartwright/parallel to Geiger Grade. Beautiful rock formations!! Well already established!! Electricity less than 500' away!! Five miles from Virginia City, 20 minutes to Reno!! Endless possibilities on this beautiful property!!, Certified plans for a log home are available!!

Last Agent to Sell the Property

Cyndy Brown

Coldwell Banker Select Reno License #S.62495 Listed on: 11/06/2021

Coldwell Banker Select Reno

Last Buyer's Agent

Sherrie Cartinella

Ferrari-Lund Real Estate Reno License #BS.29532

Ferrari-Lund Real Estate Reno

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $721

Lot Details

  • 10.01 Acre Lot
  • Property fronts an easement
  • Open Lot
  • Corners Of The Lot Have Been Marked
  • Lot Sloped Up
  • Wooded Lot
  • Property is zoned HR-1

HOA Fees

  • Property has a Home Owners Association

Property Views

  • Woods
  • Peek-A-Boo
  • 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

  • $100 HOA Transfer Fee
  • Highland Ranches Property Owners Assn Association
  • 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

$721

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Land
  • Horses: Yes
  • LotSizeAcres: 10.01
  • Road Frontage Type: Other, Public Access
  • Road Surface Type: Gravel
  • Co List Office Mls Id: 341-o
  • Co List Office Phone: 775-688-4800
  • Directions: Hwy 341/Cartwright
  • Tax Legal Zoning4: HR-1
  • 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
  • Lot Features Open Lot: Yes
  • View Peek: Yes
  • View Valley: Yes
  • View TreesWoods: Yes
  • Water Source Well: Yes
  • Lot Features Wooded: Yes
  • Association Details Management Company Name5: Highland Ranches Property Owners Assn
  • Tax Legal Elementary School2: Gallagher, Hugh
  • Tax Legal High School2: Virginia City
  • Tax Legal Tax Annual Amount3: 721.01
  • Tax Legal Middle or Junior School3: Virginia City
  • AssociationCommunity Association YN: Yes
  • Lot Lot Size Acres: 10.01
  • 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 Transfer Fee: 100.0
  • Development Status Raw Land: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountain(s), Peek, 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: 436035.6
  • Crops Included: No
  • Zoning: HR-1

Tax Info

  • Tax Annual Amount: 721.01

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
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 Type Sale Price Title Company
Bargain Sale Deed $185,000 Stewart Title
Bargain Sale Deed -- Ticor Title Reno
Bargain Sale Deed $145,000 Ticor Title Reno
Bargain Sale Deed $77,500 First Centennial Reno
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $148,000 New Conventional
Previous Owner $58,125 New Conventional
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

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Map

Source: Northern Nevada Regional MLS

MLS Number: 210016700

Northern Nevada Regional MLS

APN: 003-431-11