NOT LISTED FOR SALE

405 Cortono Dr Reno, NV 89521

Virginia Foothills Neighborhood

Estimated Value: $620,000 - $660,000

2 Beds
2 Baths
1,837 Sq Ft
$348/Sq Ft Est. Value

Last Sold December 16, 2020

Last sale price $508,000 $277 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,697/month

About This Home

As of December 2020

Talk about upgrades! Don't let the mild mannered exterior fool you. From the lush master planned landscape design to the elegant interior, this property will check everything on your list PLUS. 12X12 tile & engineered hardwood flooring, custom lighting, elegant built-in cabinetry, gorgeous marble counters, custom backsplash, stainless steel appliances, a second slider has been installed to open the grilling to the dining room, serene custom interior paint & too much more to tell you. Seeing is believing!, Every inch of the back yard has been thoughtfully designed for tranquil outdoor entertaining. Water feature, mature privacy hedging, elegant exterior lighting. This place is better than new - it is simply a dream home in an affordable price range. Just pack up and get over here!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2021
Sold by
Martinelli Greg M and Martinelli Rebecca S
Bought by
Martinelli Greg M and Martinelli Rebecca S
Current Estimated Value
$639,976

Purchase Details

Listed on
Nov 12, 2020
Closed on
Dec 15, 2020
Sold by
Vance William
Bought by
Martinelli Greg M and Martinelli Rebecca S
Seller's Agent
Jan Mackenzie
RE/MAX Professionals-Reno
Buyer's Agent
Julie Knecht
RE/MAX Professionals-Reno
List Price
$494,900
Sold Price
$508,000
Premium/Discount to List
$13,100
2.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.95%
Original Mortgage
$275,000
Outstanding Balance
$199,622
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$440,354

Purchase Details

Closed on
Jul 10, 2020
Sold by
Vance William P
Bought by
Vance William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2016
Sold by
Shearer James R
Bought by
Vance William P

Purchase Details

Closed on
Feb 7, 2012
Sold by
Vance William P and Shearer James R
Bought by
Vance William P and Shearer James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2007
Sold by
Kb Home Reno Inc
Bought by
Vance William P and Shearer James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,760
Interest Rate
6.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Martinelli Greg M -- None Available
Martinelli Greg M $508,000 Ticor Title Reno Lakeside
Vance William -- Western Title Company
Vance William P -- None Available
Vance William P -- First American Title Reno
Vance William P $320,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinelli Greg M $275,000
Previous Owner Vance William $262,500
Previous Owner Vance William P $250,000
Previous Owner Vance William P $255,760
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2020 12/16/20 Sold $508,000 +2.6% $277 / Sq Ft View Prior Sale
11/16/2020 11/16/20 Pending -- -- --
11/13/2020 11/13/20 For Sale $494,900 -- $269 / Sq Ft

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 $3,293 $141,982 $45,486 $96,496
2024 $3,198 $135,099 $38,337 $96,762
2023 $3,198 $134,937 $43,491 $91,446
2022 $3,106 $112,827 $36,741 $76,085
2021 $2,875 $102,645 $27,099 $75,546
2020 $2,703 $102,716 $27,199 $75,517
2019 $2,625 $98,961 $26,135 $72,826
2018 $2,548 $90,665 $19,518 $71,147
2017 $2,475 $89,474 $18,387 $71,087
2016 $2,412 $89,402 $16,791 $72,611
2015 $2,408 $88,778 $16,426 $72,352
2014 $2,338 $78,607 $14,397 $64,210
2013 -- $61,846 $11,072 $50,774
Source: Public Records

Agents Affiliated with this Home

  • Jan Mackenzie

    Seller's Agent in 2020

    Jan Mackenzie

    RE/MAX

    (775) 250-8914

    2 in this area

    33 Total Sales

    Jan Mackenzie
    Section Image
  • Julie Knecht

    Buyer's Agent in 2020

    Julie Knecht

    RE/MAX

    (775) 691-1956

    60 in this area

    225 Total Sales

    Julie Knecht
    Section Image
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Map

Nevada Washoe County Reno 89521 Virginia Foothills

405 Cortono Dr, Reno, NV

This home is located at 405 Cortono Dr, Reno, NV 89521 and is currently estimated at $639,976, approximately $348 per square foot. 405 Cortono Dr is a home located in Washoe County with nearby schools including Kendyl Depoali Middle School, Damonte Ranch High School, and Mountain View Montessori School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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