NOT LISTED FOR SALE

440 Preston Burr Ln Unit 24 Reno, NV 89503

Panther Valley Neighborhood

Estimated Value: $369,000 - $406,000

3 Beds
2.5 Baths
1,642 Sq Ft
$117/mo HOA Fee

Last Sold September 26, 2012

Last sale price $93,000 $57 Per Sq Ft

Est. 316% increase in value since last sale

Current estimated payment $2,348/month

4 Days on Market

Highlights

  • Mountain View
  • High Ceiling
  • Double Pane Windows
  • Deck
  • 2 Car Attached Garage
  • Refrigerated Cooling System

About This Home

As of September 2012

Great Investment Property! Townhome near University of Nevada Reno, Truckee Meadows Community College, and downtown Reno. Positive Cash Flow at todays sale price. Long term tenant in place who would like to saty. Lease agreement and property management company already in place., SHORT SALE

Last Agent to Sell the Property

Leslie Henderson

Call It Closed International License #BS.145627 Listed on: 05/24/2012

Last Buyer's Agent

Donald Johnson

Alder Properties License #S.66474

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,539

Year Built

  • Built in 2006

Lot Details

  • Property fronts a private road
  • Landscaped
  • Lot Has A Rolling Slope
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $117 Monthly HOA Fees

Parking

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

Property Views

  • Mountain
  • Valley

Home Design

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

Interior Spaces

  • 1,642 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Double Pane Windows
  • Vinyl Clad Windows
  • Blinds
  • Family Room
  • Combination Kitchen and Dining Room

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry in Hall
  • Dryer
  • Washer

Home Security

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
  • Phone Available
  • Cable TV Available

Additional Features

  • Deck
  • Ground Level

Listing and Financial Details

  • Short Sale
  • Home warranty included in the sale of the property
  • Assessor Parcel Number 00380124

Community Details

Overview

  • Association fees include snow removal
  • $300 HOA Transfer Fee
  • Eugene Burger Association
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Snow Removal

Additional Features

  • Common Area
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,539

Year Built

Built in 2006

Lot Details

0

HOA Fees

$117 per month

Parking

2

Listing Details

  • Year Built: 2006
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Horses: No
  • Lot Features: Common Area, Landscaped, Open Lot, Rolling Slope, Sprinklers In Front, Sprinklers In Rear
  • Road Frontage Type: Private Road
  • Has View?: Yes
  • Security Features: Smoke Detector(s)
  • Association Amenities: Landscaping, Maintenance Grounds, Parking
  • Association Fees: 117.0
  • Association Fee Frequency: Monthly
  • Association Fee Inclusions: Snow Removal
  • Has H O A?: Yes
  • Co List Office Mls Id: 2378-o
  • Co List Office Phone: 775-888-6721
  • Special Conditions: Short Sale
  • Directions: N Virginia, Vista Rafael, Parr Blvd
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Living Area: 1642.0
  • 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: 1538.8
  • Tax Legal Zoning4: PUD
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 117.0
  • Building Stories5: 3
  • Building Property Attached Y N: Yes
  • Building Home Warranty Y N: Yes
  • Lot Horse Y N2: No
  • Association Details Transfer Fee: 300.0
  • Lot View Y N2: Yes
  • Lot Features Landscaped: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Lot Features Sprinklers In Front: Yes
  • Lot Features Sprinklers In Rear: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Sprinklers Front: Yes
  • Sprinklers Rear: 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
  • 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
  • Association Fee Includes Snow Removal2: Yes
  • Water Heater Gas5: Yes
  • Sprinklers Automatic: Yes
  • Lot Features Open Lot: Yes
  • View Valley: Yes
  • Association Amenities Landscaping: Yes
  • Special Listing Conditions Short Sale: Yes
  • Lot Features Common Area3: Yes
  • Road Frontage Type Private Road: Yes
  • Road Responsibility Private Maintained Road: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: Eugene Burger
  • Lot Features Rolling Slope: Yes
  • Special Features: 12
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Washer
  • Flooring: Carpet, Tile, Vinyl
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: High Ceilings
  • Window Features: Blinds, Double Pane Windows, Vinyl Frames
  • Interior Bathrooms Half: 1
  • Interior Living Area4: 1642.0
  • Interior Fireplace Y N: No
  • Flooring Carpet: Yes
  • Interior Features High Ceilings: Yes
  • Window Features Double Pane Windows: Yes
  • Window Features Vinyl Frames: Yes
  • Unit Level Ground Floor: Yes
  • Window Features Blinds: Yes
  • Laundry Features In Hall: Yes
  • Living Room Features Family Room Combination: Yes
  • Primary Bedroom Features Tub Shower Combination: Yes
  • Laundry Features Laundry Area: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Primary Bedroom Features High Ceilings6: Yes
  • Dining Room Features Kitchen Combination: Yes
  • Kitchen Features Built- In Microwave: Yes
  • Flooring Tile: Yes
  • Flooring Vinyl: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Pitched, Shingle
  • Stories: 3
  • View: 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
  • 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

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Water Meter Installed
  • Water Source: Public
  • Laundry Features: In Hall, Laundry Area
  • 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 Phone Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Utilities Water Meter Installed: Yes
  • Heating Forced Air: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes

Schools

  • Middle Or Junior School: Clayton

Lot Info

  • Parcel Number: 00380124
  • Fencing: None
  • Zoning: PUD

Tax Info

  • Tax Annual Amount: 1538.8

MLS Schools

  • Elementary School: Elmcrest
  • HighSchool: Hug

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2014
Sold by
Roemmich Duane
Bought by
Roemmich Duane Clayton and Duane Clayton Roemmich Family Trust
Current Estimated Value
$387,303

Purchase Details

Listed on
May 24, 2012
Closed on
Sep 11, 2012
Sold by
Nolte Virginia A
Bought by
Roemmich Duane
Seller's Agent
Leslie Henderson
Call It Closed International
Buyer's Agent
Donald Johnson
Alder Properties
List Price
$89,000
Sold Price
$93,000
Premium/Discount to List
$4,000
4.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.91%

Purchase Details

Closed on
Jun 21, 2006
Sold by
Rancho San Rafael Iii Llc
Bought by
Nolte Virginia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,137
Interest Rate
6.37%
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
Roemmich Duane Clayton -- None Available
Roemmich Duane $93,000 None Available
Nolte Virginia A $334,000 Western Title Incorporated
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nolte Virginia A $267,137
Previous Owner Rancho San Rafael Iii Llc $3,636,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2012 09/26/12 Sold $93,000 +4.5% $57 / Sq Ft
05/28/2012 05/28/12 Pending -- -- --
05/24/2012 05/24/12 For Sale $89,000 -- $54 / 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 $2,008 $91,464 $27,440 $64,024
2024 $2,008 $90,241 $24,325 $65,916
2023 $1,861 $86,337 $26,705 $59,632
2022 $1,723 $72,550 $22,260 $50,290
2021 $1,596 $68,161 $18,095 $50,066
2020 $1,500 $68,689 $17,710 $50,979
2019 $1,428 $65,442 $16,485 $48,957
2018 $1,363 $59,740 $11,935 $47,805
2017 $1,308 $58,669 $11,270 $47,399
2016 $1,275 $57,176 $9,555 $47,621
2015 $1,272 $57,047 $8,155 $48,892
2014 $1,233 $43,967 $6,755 $37,212
2013 -- $32,613 $4,795 $27,818
Source: Public Records

Agents Affiliated with this Home

  • Leslie Henderson

    Seller's Agent in 2012

    Leslie Henderson

    Call It Closed International

    (775) 815-9511

    37 Total Sales

    Leslie Henderson
    Section Image
  • Donald Johnson

    Buyer's Agent in 2012

    Donald Johnson

    Alder Properties

    (775) 771-0640

    8 in this area

    38 Total Sales

    Donald Johnson
    Section Image
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Map

Source: Northern Nevada Regional MLS

MLS Number: 120006279

Northern Nevada Regional MLS

APN: 003-801-24

Nevada Washoe County Reno 89503 Panther Valley

440 Preston Burr Ln Unit 24, Reno, NV

This home is located at 440 Preston Burr Ln Unit 24, Reno, NV 89503 since 24 May 2012 and is currently estimated at $387,303, approximately $235 per square foot. This property was built in 2006. 440 Preston Burr Ln Unit 24 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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