NOT LISTED FOR SALE

5001 Tahiti Way Unit 2 Reno, NV 89502

Smithridge Neighborhood

Estimated Value: $210,000 - $219,000

2 Beds
1 Bath
882 Sq Ft
$155/mo HOA Fee

Last Sold August 21, 2012

Last sale price $33,500 $38 Per Sq Ft

Est. 543% increase in value since last sale

Current estimated payment $1,352/month

170 Days on Market

Highlights

  • Great Room
  • Community Pool
  • Breakfast Bar
  • Damonte Ranch High School Rated A-
  • Double Pane Windows
  • 2-minute walk to Jamaica Park

About This Home

As of August 2012

Great for First time homebuyers and good rental for investors. Great location!!!, Sale subject to the seller's lender's approval of Short sale. Property to be purchased in its current as-is condition. No repairs shall be made by the sellers.

Last Agent to Sell the Property

Angelica Alix

Keller Williams Group One Inc. License #S.61139 Listed on: 12/29/2011

Last Buyer's Agent

Lolis Vazquez

Reno Sparks Realty, LLC License #S.38647

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $407

Year Built

  • Built in 1970

HOA Fees

  • $155 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 882 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Blinds
  • Great Room
  • Combination Kitchen and Dining Room
  • Carpet

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • 1 Carport Space

Location

  • Ground Level

Schools

  • Smithridge Elementary School
  • Pine Middle School
  • Damonte High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Gas Water Heater
  • Phone Available

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 02514051

Community Details

Overview

  • $200 HOA Transfer Fee
  • Ami Smithgreen Association
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$407

Year Built

Built in 1970

Lot Details

0

HOA Fees

$155 per month

Listing Details

  • Year Built: 1970
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Horses: No
  • Road Frontage Type: Other
  • Co List Office Mls Id: 1315-o
  • Co List Office Phone: 775-823-8787
  • Directions: Neil to Jamaica to Tahiti Way
  • Property Attached Yn: Yes
  • Special Features: 12

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Washer
  • Flooring: Carpet
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar
  • Window Features: Blinds, Double Pane Windows

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Pitched, Shingle
  • Stories: 2
  • Construction Type: Wood Siding
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Carport

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Water Meter Installed
  • Water Source: Public
  • Laundry Features: In Kitchen, Laundry Area
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Middle Or Junior School: Pine

Lot Info

  • Parcel Number: 02514051
  • Fencing: None
  • Zoning: MUCC

Tax Info

  • Tax Annual Amount: 407.16

MLS Schools

  • Elementary School: Smithridge
  • HighSchool: Damonte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2011
Closed on
Aug 20, 2012
Sold by
Contreras Mary Helen
Bought by
Contreras Jose N
Seller's Agent
Angelica Alix
Keller Williams Group One Inc.
Buyer's Agent
Lolis Vazquez
Reno Sparks Realty, LLC
List Price
$29,000
Sold Price
$33,500
Premium/Discount to List
$4,500
15.52%
Current Estimated Value
$215,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,989
Avg. Annual Appreciation
15.60%

Purchase Details

Listed on
Dec 29, 2011
Closed on
Aug 17, 2012
Sold by
Lim Eduardo E
Bought by
Contreras Jose N
Seller's Agent
Angelica Alix
Keller Williams Group One Inc.
Buyer's Agent
Lolis Vazquez
Reno Sparks Realty, LLC
List Price
$29,000
Sold Price
$33,500
Premium/Discount to List
$4,500
15.52%

Purchase Details

Closed on
Sep 6, 2006
Sold by
Taylor Suksamarn
Bought by
Lim Eduardo E and Lim Susan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
6.67%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 18, 2005
Sold by
Alterio Bernardo and Alterio Rosita B
Bought by
Taylor Suksamarn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,400
Interest Rate
6.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 11, 2002
Sold by
Christenson Forrester Geraldine Christenson and Christenson Forrester Geraldine
Bought by
Alterio Bernardo and Alterio Rosita B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,200
Interest Rate
6.84%

Purchase Details

Closed on
Sep 20, 2001
Sold by
Weinstein H L
Bought by
Forrester Geraldine Christenson
Source: Public Records

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Range of Values:

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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
Contreras Jose N -- None Available
Contreras Jose N $33,500 None Available
Lim Eduardo E $153,000 Ticor Title Of Nevada Inc
Taylor Suksamarn $128,000 Marquis Title & Escrow
Alterio Bernardo $59,000 Founders Title Co
Forrester Geraldine Christenson -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lim Eduardo E $122,400
Previous Owner Taylor Suksamarn $109,600
Previous Owner Taylor Suksamarn $102,400
Previous Owner Alterio Bernardo $47,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2012 08/21/12 Sold $33,500 +15.5% $38 / Sq Ft
06/15/2012 06/15/12 Pending -- -- --
12/28/2011 12/28/11 For Sale $29,000 -- $33 / 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 $649 $29,102 $18,795 $10,307
2024 $649 $27,531 $17,115 $10,416
2023 $601 $27,793 $18,760 $9,033
2022 $558 $24,008 $16,415 $7,593
2021 $521 $18,183 $10,710 $7,473
2020 $485 $17,343 $9,975 $7,368
2019 $462 $15,140 $7,735 $7,405
2018 $442 $12,464 $4,970 $7,494
2017 $425 $11,824 $4,130 $7,694
2016 $414 $12,014 $3,920 $8,094
2015 $414 $11,850 $3,220 $8,630
2014 $401 $10,782 $2,380 $8,402
2013 -- $10,485 $1,890 $8,595
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 110016667

Northern Nevada Regional MLS

APN: 025-140-51