NOT LISTED FOR SALE

5001 Tahiti Way Unit 2 Reno, NV 89502

Smithridge Neighborhood

Estimated Value: $211,000 - $224,000

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. 546% increase in value since last sale

Current estimated payment $1,356/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
  • On-Site Maintenance
  • 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
  • Lot Features: Level
  • Road Frontage Type: Other
  • Security Features: Smoke Detector(s)
  • Association Amenities: Maintenance Structure, Pool
  • Association Fees: 155.0
  • Association Fee Frequency: Monthly
  • Has H O A?: Yes
  • Co List Office Mls Id: 1315-o
  • Co List Office Phone: 775-823-8787
  • Special Conditions: Short Sale
  • Directions: Neil to Jamaica to Tahiti Way
  • Has Fireplace?: No
  • Living Area: 882.0
  • Property Attached Yn: Yes
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Smithridge
  • Tax Legal Middle Or Junior School2: Pine
  • Tax Legal High School: Damonte
  • Tax Legal Tax Annual Amount: 407.16
  • Tax Legal Zoning4: MUCC
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 155.0
  • Building Stories5: 2
  • Building Property Attached Y N: Yes
  • Building Home Warranty Y N: No
  • Lot Horse Y N2: No
  • Association Details Transfer Fee: 200.0
  • Foundation Details Slab: Yes
  • Lot Features Level: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Appliances Disposal: Yes
  • Appliances Dryer: Yes
  • Appliances Washer: Yes
  • Security Features Smoke Detector(s): Yes
  • Water Heater Gas5: Yes
  • Special Listing Conditions Short Sale: Yes
  • Association Amenities Maintenance Structure: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: AMI Smithgreen
  • Special Features: 12
  • Stories: 2

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
  • Interior Living Area4: 882.0
  • Interior Fireplace Y N: No
  • Flooring Carpet: Yes
  • Interior Features Breakfast Bar: Yes
  • Window Features Double Pane Windows: Yes
  • Laundry Features In Kitchen: Yes
  • Kitchen Features Breakfast Bar2: Yes
  • Unit Level Ground Floor: Yes
  • Window Features Blinds: Yes
  • Laundry Features Laundry Area: Yes
  • Living Room Features Great Room3: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Dining Room Features Kitchen Combination: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Pitched, Shingle
  • Stories: 2
  • Construction Type: Wood Siding
  • Foundation Details: Slab
  • Construction Materials Wood Siding: Yes
  • Association Amenities Pool: Yes
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Carport Spaces: 1.0
  • Has Carport?: Yes
  • Has Attached Garage?: No
  • Parking Features: Carport
  • Total Parking Spaces: 1.0
  • Parking Information Garage Y N: No
  • Parking Information Carport Y N: Yes
  • Parking Information Carport Spaces2: 1.0
  • Parking Information Parking Total: 1.0
  • Parking Features Carport: Yes

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: Baseboard, Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Heating Y N3: 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
  • Heating Baseboard: Yes

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
$216,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,834
Avg. Annual Appreciation
15.23%

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

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
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 $102,400
Previous Owner Alterio Bernardo $47,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

  • A

    Seller's Agent in 2012

    Angelica Alix

    Keller Williams Group One Inc.

  • Lolis Vazquez

    Buyer's Agent in 2012

    Lolis Vazquez

    Reno Sparks Realty, LLC

    (775) 771-2537

    8 in this area

    279 Total Sales

    Lolis Vazquez
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Map

Source: Northern Nevada Regional MLS

MLS Number: 110016667

Northern Nevada Regional MLS

APN: 025-140-51

Nevada Washoe County Reno 89502 Smithridge

5001 Tahiti Way Unit 2, Reno, NV

This home is located at 5001 Tahiti Way Unit 2, Reno, NV 89502 since 29 December 2011 and is currently estimated at $216,334, approximately $245 per square foot. This property was built in 1970. 5001 Tahiti Way Unit 2 is a home located in Washoe County with nearby schools including Smithridge Elementary School, Edward L Pine Middle School, and Damonte Ranch High School.

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