NOT LISTED FOR SALE

3985 Covington Way Unit B Reno, NV 89503

West University Neighborhood

Estimated Value: $189,000 - $311,000

2 Beds
1.5 Baths
1,022 Sq Ft
$330/mo HOA Fee

Last Sold July 31, 2023

Last sale price $215,000 $210 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,697/month

4 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Clubhouse
  • Unit is on the top floor
  • Peek-A-Boo Views
  • Double Pane Windows

About This Home

As of July 2023

Updated clean condo located off N. Virginia near UNR. This charming condo has 2 bedrooms, 1 1/2 bathrooms, laminate flooring downstairs, granite counters, and black appliances. The refrigerator, washer/dryer stay! In 2022 a new A/C system, new carpet, new microwave, and garbage disposal were all installed. 1 assigned parking space right in front. Close to UNR, stores, downtown, Rancho San Rafael park, and freeways. Enjoy the 24 hr. gym and seasonal pool.

Last Listed By

Santiago Solano

Sierra Nevada Properties-Reno License #S.174648 Listed on: 06/19/2023

Sierra Nevada Properties-Reno

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $519

Year Built

  • Built in 1974

Lot Details

  • Landscaped
  • Lot Sloped Down
  • Sprinkler System

HOA Fees

  • $330 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Wood Siding
  • Stick Built Home
  • Masonry

Interior Spaces

  • 1,022 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows
  • Blinds
  • Family Room
  • Combination Kitchen and Dining Room
  • Peek-A-Boo Views

Kitchen

  • Built-In Oven
  • Gas Oven or Range
  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Home Security

Schools

  • Elmcrest Elementary School
  • Clayton Middle School
  • Hug High School

Utilities

  • Refrigerated Cooling System
  • Cooling System Utilizes Natural Gas
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Additional Features

  • In Ground Pool
  • Unit is on the top floor

Listing and Financial Details

  • Assessor Parcel Number 00321024
  • $30,000 special tax assessment

Community Details

Overview

  • Property managed by Talus Point HOA

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Fitness Center

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$519

Year Built

Built in 1974

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • Class: Residential
  • Type: Residential
  • Type Of Property: Condo/Townhouse
  • Dwelling Type: Condo
  • Unit Level: Top Floor
  • Insulation: Unknown
  • Adjoins: Street, Common Area
  • Within City Limits: Yes
  • Access: Public
  • Automated Valuation: Yes
  • Commentary Reviews: Yes
  • Extended Remarks: The HOA fee of $330.00 per month includes water and trash. There is a HOA special assessment coming of $30K to each property owner to replace the aging pipes throughout the community. Seller's will split or give a credit to the buyer up to $15K. Current tenant lease is $1500.00 per month and expires 7-31-2023. For more info on this assessment, call the Talus Point HOA.
  • Lvt Date: 06/19/2023
  • Year Built: 1974
  • Xstreet Directions: N. Virginia to Talus
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances Personal Property Included: Washer, Dryer, Gas Range - Oven, Refrigerator in Kitchen
  • Interior Fixtures: Blinds - Shades, Smoke Detector(s)
  • Water Heater: Natural Gas
  • Floor Covering: Carpet, Vinyl Tile, Laminate
  • Attached Common Wall: Yes
  • Bedrooms: 2
  • Master Bedroom: Walk-In Closet
  • Full Or Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Kitchen: Built-In Dishwasher, Garbage Disposal, Microwave Built-In, Cook Top - Gas, Single Oven Built-in
  • Laundry Area: Yes, Kitchen
  • Living Room: Family Rm Combo
  • Dining Room: Kitchen Combo, Ceiling Fan
  • Price Per Sq Ft: 210.37
  • Sold Price Per Sq Ft: 210.37
  • Source Of Sq Ft: Assessor
  • Total Living Space: 1022
  • Price Per Sq Ft: 234.74

Exterior Features

  • Windows: Double Pane, Vinyl Frame
  • Construction: Site/Stick-Built
  • Exterior: Masonry Veneer, Wood Siding
  • Exterior Features: In Ground Pool
  • Foundation: Concrete Slab
  • Landscaped: Fully Landscaped
  • Roof: Flat
  • Stories: 2 Story
  • View: Peek View

Garage/Parking

  • Garage Types: Designated Parking
  • Number Carport: 0
  • Garage: 0

Utilities

  • Sprinklers: Full Sprinklers
  • Heating Cooling: Natural Gas, Forced Air, Central Refrig AC, Programmable Thermostat
  • Internet: Yes
  • Utilities: Electricity, Natural Gas, City - County Water, City Sewer, Cable, Telephone, Internet Available, Cellular Coverage Avail

Condo/Co-op/Association

  • Average Monthly Common Interest Community Fee: 330
  • HOA: Yes
  • Hoa Mgt Co: Talus Point HOA
  • Setup Fee: 275
  • Hoa Amenities: Club Hs/Rec Room, Gym, Landsc Maint Full
  • Total Setup Fees: 275
  • Association Fee: 330
  • Association Fee Period: Monthly
  • Common Interest Ownership: Yes

Fee Information

  • Total Special Assessments: 30000

Schools

  • Elementary School: Elmcrest
  • Middle School: Clayton
  • High School: Hug

Lot Info

  • Acreage: 0.02
  • Parcel Number: 00321024
  • Topography: Upslope, Downslope
  • Zoning Actual: MF30

Green Features

  • Green Features: Double Pane Windows, Programmable Thermostat
  • Smart Features: Programmable Thermostat

Tax Info

  • Taxes Dollar: 519

MLS Schools

  • Elementary School: Elmcrest
  • HighSchool: Hug
  • Middle School: Clayton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2023
Closed on
Jul 28, 2023
Sold by
Pierce Properties Llc
Bought by
Villa Fairlane Properties Llc
Seller's Agent
Santiago Solano
Sierra Nevada Properties-Reno
Buyer's Agent
Megan Lowe
Chase International-Damonte
List Price
$239,900
Sold Price
$215,000
Premium/Discount to List
-$24,900
-10.38%
Total Days on Market
4
Views
57
Current Estimated Value
$237,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,972
Avg. Annual Appreciation
5.90%

Purchase Details

Closed on
Nov 7, 2011
Sold by
Citibank Na
Bought by
Pierce Properties Llc

Purchase Details

Closed on
Aug 9, 2011
Sold by
Boles Brie A and Mueller Aaron C
Bought by
Citibank Na

Purchase Details

Closed on
Feb 1, 2007
Sold by
Talus Point Llc
Bought by
Boles Brie A and Mueller Aaron C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,003
Interest Rate
6.37%
Mortgage Type
Unknown

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
Villa Fairlane Properties Llc $215,000 Stewart Title
Pierce Properties Llc $45,000 Servicelink Irvine
Citibank Na $39,600 Accommodation
Boles Brie A $179,000 Ticor Title Of Nevada Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boles Brie A $170,003
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $215,000 -10.4% $210 / Sq Ft
06/23/2023 06/23/23 Pending -- -- --
06/19/2023 06/19/23 For Sale $239,900 -- $235 / 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 $579 $19,270 $8,820 $10,450
2024 $579 $18,614 $8,050 $10,564
2023 $537 $17,260 $7,438 $9,822
2022 $519 $14,785 $6,125 $8,660
2021 $506 $13,708 $4,900 $8,808
2020 $509 $14,047 $4,900 $9,147
2019 $495 $13,511 $4,550 $8,961
2018 $488 $13,342 $4,375 $8,967
2017 $483 $13,130 $4,025 $9,105
2016 $498 $13,574 $4,025 $9,549
2015 $126 $13,594 $3,675 $9,919
2014 $481 $13,063 $3,675 $9,388
2013 -- $12,956 $3,675 $9,281
Source: Public Records

Agents Affiliated with this Home

  • Santiago Solano

    Seller's Agent in 2023

    Santiago Solano

    Sierra Nevada Properties

    (775) 721-4783

    2 in this area

    55 Total Sales

    Santiago Solano
    Section Image
  • Megan Lowe

    Buyer's Agent in 2023

    Megan Lowe

    Chase International-Damonte

    (775) 690-0040

    8 in this area

    134 Total Sales

    Megan Lowe
    Section Image
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Map

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Source: Northern Nevada Regional MLS

MLS Number: 230006607

Northern Nevada Regional MLS

APN: 003-210-24

Nevada Washoe County Reno 89503 West University

3985 Covington Way Unit B, Reno, NV

Homes for Sale in Reno, NV

This home is located at 3985 Covington Way Unit B, Reno, NV 89503 since 19 June 2023 and is currently estimated at $237,972, approximately $232 per square foot. This property was built in 1974. 3985 Covington Way Unit B is a home located in Washoe County with nearby schools including Elmcrest Elementary School, Archie Clayton Pre-AP Academy, and Coral Academy Charter School Elementary.

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