NOT LISTED FOR SALE

48 Lightning W Ranch Rd Washoe Valley, NV 89704

Franktown Neighborhood

Estimated Value: $309,000 - $334,000

1.06 Acres
$306,547 Price per Acre
46,174 Sq Ft Lot

Last Sold August 02, 2024

Last sale price $320,000

Est. 2% increase in value since last sale

Current estimated payment $2,018/month

96 Days on Market

Highlights

  • On Golf Course
  • Property is near a lake
  • Level Lot
  • Marce Herz Middle School Rated A-
  • Lake, Pond or Stream

About This Lot

As of August 2024

A level 1-acre homesite on Washoe golf course with views of both a lake and mountains! The combination of scenic views and recreational amenities could make for a picturesque and enjoyable lifestyle. This homesite is only 20 minutes to the Reno Airport, 10 minutes to Carson City, and 30 minutes to Lake Tahoe. Hiking and Biking trails right from the homesite. This is the best lot available in the community.

Last Agent to Sell the Property

Elliot Young

Chase International - ZC License #S.183640 Listed on: 04/17/2024

Chase International - ZC

Co-Listed By

Tommy Cortopassi

Chase International - ZC License #S.193499

Last Buyer's Agent

Aaron Wood

RE/MAX Professionals-Reno License #S.190038

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,154

Lot Details

  • 1.06 Acre Lot
  • Property fronts an easement
  • On Golf Course
  • Level Lot
  • Corners Of The Lot Have Been Marked
  • Property is zoned HDR

HOA Fees

  • $135 Monthly HOA Fees

Property Views

  • Golf Course
  • Mountain

Schools

  • Pleasant Valley Elementary School
  • Depoali Middle School
  • Damonte High School

Utilities

  • Septic Needed
  • Sewer Not Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 05538404

Community Details

Overview

  • $150 HOA Transfer Fee
  • Franktowne Estates HOA
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Property is near a lake
  • Lake, Pond or Stream

Property Details

Property Type

Land

Est. Annual Taxes

$1,154

Lot Details

0

HOA Fees

$135 per month

Listing Details

  • Property Type: Land
  • Horses: No
  • Lot Features: Adjoins Lake, Level, On Golf Course, Corners Marked
  • Lot Size Acres: 1.06
  • Road Frontage Type: Public Access
  • Road Surface Type: Paved
  • Has View?: Yes
  • Association Fees: 405.0
  • Association Fee Frequency: Quarterly
  • Has H O A?: Yes
  • Co List Office Mls Id: 627500027-o
  • Co List Office Phone: 775-588-6130
  • Co List Office Mls Id: 627500027-o
  • Co List Office Phone: 775-588-6130
  • Directions: Old 395
  • Tax Legal Zoning4: HDR
  • Lot Features Level: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Water Rights Water Rights Y N: No
  • View Mountain(s): Yes
  • View Golf Course2: Yes
  • Association Details Management Company Name5: Franktowne estates HOA
  • Water Body Type Lake2: Yes
  • Water Body View Yes2: Yes
  • Tax Legal Elementary School2: Pleasant Valley
  • Tax Legal High School2: Damonte
  • Lot Features On Golf Course: Yes
  • Tax Legal Tax Annual Amount3: 1154.19
  • Lot Features Adjoins Lake: Yes
  • Tax Legal Middleor Junior School3: Depoali
  • Association Community Association Y N: Yes
  • Lot Lot Size Acres: 1.06
  • Lot View Y N4: Yes
  • Lot Horse Y N4: No
  • Lot Features Corners Marked: Yes
  • Land Details Crops Included Y N: No
  • Land Details Deed Restrictions: No
  • Land Details Utility Easement Y N: Yes
  • Sewer Septic Needed: Yes
  • Association Details Association Transfer Fee: 150.0
  • Development Status Raw Land: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Golf Course, Mountain(s)

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Not Available, Water Available
  • Water Source: Public
  • Sewer: Septic Needed
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Water Available: Yes
  • Water Source Public: Yes
  • Utilities Sewer Not Available: Yes

Schools

  • Middle Or Junior School: Depoali

Lot Info

  • Parcel Number: 05538404
  • Fencing: None
  • Development Status: Raw Land
  • Lot Size Sq Ft: 46173.6
  • Crops Included: No
  • Zoning: HDR

Tax Info

  • Tax Annual Amount: 1154.19

MLS Schools

  • Elementary School: Pleasant Valley
  • HighSchool: Damonte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2024
Sold by
Spar William E and Spar Dena F
Bought by
Spar Family Trust and Spar
Current Estimated Value
$324,940

Purchase Details

Listed on
Apr 17, 2024
Closed on
Jul 30, 2024
Sold by
Guilfoyle Family Trust and Guilfoyle Peter S
Bought by
Spar William E and Spar Dena F
Seller's Agent
Elliot Young
Chase International - ZC
Buyer's Agent
Aaron Wood
RE/MAX Professionals-Reno
List Price
$345,000
Sold Price
$320,000
Premium/Discount to List
-$25,000
-7.25%
Views
30

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.53%

Purchase Details

Closed on
Apr 26, 2022
Sold by
Radu Lucian Matei and Radu Cristina Laurentia
Bought by
Guilfoyle Family Trust-Survivors Trust

Purchase Details

Closed on
Jan 30, 2019
Sold by
Matei Radu L and Matei Cristina L
Bought by
Matei Radu Lucian and Matei Christina Laurentia

Purchase Details

Closed on
Sep 25, 2017
Sold by
Pcd Asset Group
Bought by
Matei Radu L and Matei Cristina L

Purchase Details

Closed on
Mar 6, 2015
Sold by
Franktown Investments Llc
Bought by
Pcd Asset Group

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.57%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 12, 2015
Sold by
Vista Sierra Llc
Bought by
Franktown Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.57%
Mortgage Type
Unknown

Purchase Details

Closed on
May 4, 2012
Sold by
Wells Fargo Bank National Association
Bought by
Vista Sierra Llc

Purchase Details

Closed on
May 27, 2010
Sold by
Dgd Development Limited Partnership
Bought by
Wells Fargo Bank National Association
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
Spar Family Trust -- None Listed On Document
Spar Family Trust -- None Listed On Document
Spar William E $320,000 Landmark Title
Guilfoyle Family Trust-Survivors Trust $305,000 Ticor Title
Matei Radu Lucian -- None Available
Matei Radu L $115,000 Capital Title Co Of Nevada
Pcd Asset Group $53,571 None Available
Franktown Investments Llc $750,000 First American Title Reno
Vista Sierra Llc $588,000 First American Title Reno
Wells Fargo Bank National Association $1,450,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Franktown Investments Llc $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2024 08/02/24 Sold $320,000 -5.6% --
07/21/2024 07/21/24 Pending -- -- --
06/12/2024 06/12/24 Price Changed $339,000 -1.7% --
04/16/2024 04/16/24 For Sale $345,000 -- --
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
2025 $1,247 $77,630 $76,475 $1,155
2024 $1,247 $71,027 $69,825 $1,202
2023 $1,154 $67,584 $66,500 $1,084
2022 $1,069 $55,752 $54,863 $890
2021 $990 $42,433 $41,563 $870
2020 $931 $40,783 $39,900 $883
2019 $889 $39,108 $38,238 $870
2018 $853 $37,602 $36,750 $852
2017 $578 $18,910 $18,375 $535
2016 $564 $25,032 $24,500 $532
2015 $277 $17,688 $17,150 $538
2014 $536 $16,542 $15,925 $617
2013 -- $16,142 $15,925 $217
Source: Public Records

Agents Affiliated with this Home

  • Elliot Young

    Seller's Agent in 2024

    Elliot Young

    Chase International - ZC

    (775) 291-7525

    1 in this area

    55 Total Sales

    Section Image

  • T

    Seller Co-Listing Agent in 2024

    Tommy Cortopassi

    Chase International - ZC

    (775) 220-7150

    1 in this area

    15 Total Sales

    Section Image
  • Aaron Wood

    Buyer's Agent in 2024

    Aaron Wood

    RE/MAX

    (775) 900-7318

    1 in this area

    96 Total Sales

    Section Image
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Map

Source: Northern Nevada Regional MLS

MLS Number: 240004098

Northern Nevada Regional MLS

APN: 055-384-04

Nevada Washoe County Washoe Valley 89704 Franktown

48 Lightning W Ranch Rd, Washoe Valley, NV

This home is located at 48 Lightning W Ranch Rd, Washoe Valley, NV 89704 since 17 April 2024 and is currently estimated at $324,940. 48 Lightning W Ranch Rd is a home located in Washoe County with nearby schools including Pleasant Valley Elementary School, Marce Herz Middle School, and Galena High School.

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