NOT LISTED FOR SALE

Estimated Value: $341,000 - $374,000

2 Beds
2.5 Baths
1,302 Sq Ft
$274/Sq Ft Est. Value

Last Sold June 18, 2021

Last sale price $352,000 $270 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,162/month

10 Days on Market

Highlights

  • Unit is on the top floor
  • City View
  • 2 Car Attached Garage
  • Two Primary Bedrooms
  • Deck
  • Double Pane Windows

About This Home

As of June 2021

INVESTOR ALERT! Very nice tenant who wants to stay and is willing and ready to accept a rent increase to do just that. This is a very clean and well maintained townhome which is ideally situated close to UNR, shopping, parks, outdoor recreation and services. And, let's not forget the amazing views., With TWO master suites on the top floor, this 2.5 bath townhome won't disappoint. Located at the end of a cul-de-sac and with a long 2 car tandem garage, there's room for both your toys & vehicle. Financials for property: Priced at 4.0% CAP rate, a cash buyer will realize immediate profit potential in excess of $1100/month. CAP can immediately grow to 4.7% rate. And while the financials are important, retaining a long term tenant who cares for the property will give any investor peace of mind.

Last Agent to Sell the Property

Burt Myers

Realty One Group Eminence License #S.182765 Listed on: 05/23/2021

Realty One Group Eminence

Co-Listed By

Tommy Myers

Realty One Group Eminence License #S.180094

Last Buyer's Agent

Jeanne Koerner

eXp License #BS.146345

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,258

Year Built

  • Built in 2004

Lot Details

  • 871 Sq Ft Lot
  • Landscaped
  • Front Yard Sprinklers

HOA Fees

  • $148 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Tuck Under Parking
  • Parking Available
  • Common or Shared Parking
  • Tandem Parking
  • Garage Door Opener

Property Views

  • City
  • Mountain
  • Desert
  • Valley

Home Design

  • Slab Foundation
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,302 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows
  • Blinds
  • Family Room
  • Combination Kitchen and Dining Room
  • Smart Thermostat

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry in Hall
  • Dryer
  • Washer
  • Shelves in Laundry Area

Schools

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

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Deck
  • Unit is on the top floor

Listing and Financial Details

  • Assessor Parcel Number 003-720-39

Community Details

Overview

  • $100 HOA Transfer Fee
  • Eugene Berger Mgmt Association, Phone Number (775) 828-3664
  • Reno Community
  • Rancho San Rafael Townhomes Subdivision
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,258

Year Built

Built in 2004

Lot Details

0

HOA Fees

$148 per month

Parking

2

Listing Details

  • Year Built: 2004
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Horses: No
  • Lot Features: Landscaped
  • Lot Size Acres: 0.02
  • Road Frontage Type: Other
  • Has View?: Yes
  • Security Features: Smoke Detector(s)
  • Association Amenities: Landscaping, Maintenance Grounds, Parking
  • Association Fees: 148.0
  • Association Fee Frequency: Monthly
  • Has H O A?: Yes
  • Co List Office Mls Id: 2310-o
  • Co List Office Phone: 775-683-3360
  • Co List Office Mls Id: 2310-o
  • Co List Office Phone: 775-683-3360
  • Subdivision Name: Rancho San Rafael Townhomes
  • Directions: Kathleen Denise Ln
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Living Area: 1302.0
  • Property Attached Yn: Yes
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Elmcrest
  • Tax Legal Middle Or Junior School2: Clayton
  • Tax Legal High School: Hug
  • Tax Legal Tax Annual Amount: 1258.14
  • Tax Legal Zoning4: MF14
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 148.0
  • Building Stories5: 2
  • Building Property Attached Y N: Yes
  • Lot Lot Size Acres2: 0.02
  • Lot Lot Size Square Feet2: 871.2
  • Lot Horse Y N2: No
  • Association Details Transfer Fee: 100.0
  • Lot View Y N2: Yes
  • Lot Features Landscaped: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Sprinklers Front: Yes
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Cooling Refrigerated: Yes
  • Appliances Disposal: Yes
  • Appliances Dryer: Yes
  • Appliances Washer: Yes
  • Other Equipment Satellite Dish: Yes
  • Outdoor Living Spaces Deck3: Yes
  • Security Features Smoke Detector(s): Yes
  • Sprinklers Drip System In Front: Yes
  • View Mountain(s): Yes
  • Appliances Microwave: Yes
  • Association Amenities Maintenance Grounds: Yes
  • Water Heater Gas5: Yes
  • View Desert: Yes
  • View Valley: Yes
  • Association Amenities Landscaping: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: Eugene Berger Mgmt
  • Appliances Gas Range: Yes
  • Association Details Management Company Phone5: 775-828-3664
  • Appliances Included As Personal Property Gas Oven2: Yes
  • Appliances Included As Personal Property Gas Cooktop2: Yes
  • Appliances Included As Personal Property Oven2: Yes
  • Tax Legal Community Name5: Reno
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Gas Cooktop, Gas Range, Microwave, Oven, Refrigerator, Washer
  • Flooring: Carpet, Ceramic Tile
  • Other Equipment: Satellite Dish
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Smart Thermostat
  • Window Features: Blinds, Double Pane Windows, Vinyl Frames
  • Interior Bathrooms Half: 1
  • Interior Living Area4: 1302.0
  • Interior Fireplace Y N: No
  • Flooring Carpet: Yes
  • Window Features Double Pane Windows: Yes
  • Window Features Vinyl Frames: Yes
  • Window Features Blinds: Yes
  • Laundry Features In Hall: Yes
  • Living Room Features Family Room Combination: Yes
  • Primary Bedroom Features Tub Shower Combination: Yes
  • Flooring Ceramic Tile: Yes
  • Laundry Features Laundry Area: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Dining Room Features Kitchen Combination: Yes
  • Laundry Features Shelves: Yes
  • Kitchen Features Built- In Microwave: Yes
  • Primary Bedroom Features Ceiling Fan(s)7: Yes
  • Primary Bedroom Features Additional Primary Bedroom: Yes
  • Unit Level Top Floor: Yes
  • Kitchen Features Built- In Single Oven: Yes
  • Interior Features Smart Thermostat: Yes
  • Kitchen Features Gas Cooktop3: Yes

Exterior Features

  • Roof: Composition, Pitched, Shingle
  • Stories: 2
  • View: City, Desert, Mountain(s), Valley
  • Construction Type: Wood Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Construction Materials Wood Siding: Yes
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes

Garage/Parking

  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Garage Spaces: 2.0
  • Has Attached Garage?: Yes
  • Parking Features: Attached, Garage Door Opener, Tandem, Under Building
  • 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
  • Parking Features Garage Door Opener: Yes
  • Association Amenities Parking: Yes
  • Parking Features Under Building: Yes
  • Parking Features Tandem: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available, Cellular Coverage
  • Water Source: Public
  • Laundry Features: In Hall, Laundry Area, Shelves
  • Cooling: Central Air, Refrigerated
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Cooling Y N3: Yes
  • Utilities Heating Y N3: Yes
  • Utilities Cable Available: 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: Clayton

Lot Info

  • Parcel Number: 003-720-39
  • Fencing: None
  • Lot Size Sq Ft: 871.2
  • Zoning: MF14

Tax Info

  • Tax Annual Amount: 1258.14

MLS Schools

  • Elementary School: Elmcrest
  • HighSchool: Hug

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2021
Closed on
Jun 17, 2021
Sold by
Cox Sheri K
Bought by
Mehrer Brian Chad
Seller's Agent
Burt Myers
Realty One Group Eminence
Buyer's Agent
Jeanne Koerner
eXp
List Price
$335,000
Sold Price
$352,000
Premium/Discount to List
$17,000
5.07%
Current Estimated Value
$357,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,321
Avg. Annual Appreciation
0.35%

Purchase Details

Closed on
Sep 13, 2005
Sold by
Williams Charles S and Williams Mary Ann E
Bought by
Redeemer 2 Llc

Purchase Details

Closed on
Jun 10, 2005
Sold by
Goodrich Gary W and Goodrich Paula J
Bought by
Williams Charles S and Williams Mary Ann E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,400
Interest Rate
4.96%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 1, 2004
Sold by
Rancho San Rafael Llc
Bought by
Goodrich Gary W and Goodrich Paula J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,594
Interest Rate
4.87%
Mortgage Type
Unknown
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
Mehrer Brian Chad -- Stewart Title Company
Mehrer Brian Chad $352,000 Stewart Title Company
Redeemer 2 Llc -- --
Williams Charles S $283,000 First American Title
Goodrich Gary W $176,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Charles S $226,400
Previous Owner Goodrich Gary W $120,594
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2021 06/18/21 Sold $352,000 +5.1% $270 / Sq Ft
06/02/2021 06/02/21 Pending -- -- --
05/23/2021 05/23/21 For Sale $335,000 -- $257 / 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 $1,685 $79,026 $27,440 $51,587
2024 $1,685 $77,362 $24,325 $53,037
2023 $1,561 $74,936 $26,705 $48,231
2022 $1,446 $62,930 $22,260 $40,670
2021 $1,340 $58,591 $18,095 $40,496
2020 $1,258 $58,979 $17,710 $41,269
2019 $1,198 $55,942 $16,485 $39,457
2018 $1,143 $50,401 $11,935 $38,466
2017 $1,097 $49,429 $11,270 $38,159
2016 $1,069 $48,030 $9,555 $38,475
2015 $1,067 $47,716 $8,155 $39,561
2014 $1,035 $36,915 $6,755 $30,160
2013 -- $27,345 $4,795 $22,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 210007365

Northern Nevada Regional MLS

APN: 003-720-39