NOT LISTED FOR SALE

501 Silversmith Place Reno, NV 89511

Summit Sierra Neighborhood

Estimated Value: $899,529 - $1,102,000

4 Beds
3 Baths
2,733 Sq Ft
$355/Sq Ft Est. Value

Last Sold February 02, 2015

Last sale price $392,000 $143 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $5,607/month

110 Days on Market

Highlights

  • Mountain View
  • 1 Fireplace
  • Corner Lot
  • Elizabeth Lenz Elementary School Rated A-
  • Separate Formal Living Room
  • No HOA

About This Home

As of February 2015

Regular Sale!! Clean and bright home ready to move in! Spacious open floor plan with 4 bedrooms and 3 baths. The large kitchen has breakfast bar which opens to the large family room with a cozy fireplace. Due to Winter conditions there may be ice and snow, please enter carefully!, Buyer and buyer's agent to verify all info on MLS. Seller is an owner of listing company.

Last Agent to Sell the Property

Steve O'Brien

RE/MAX Professionals-Reno License #BS.1000912 Listed on: 08/29/2014

RE/MAX Professionals-Reno

Last Buyer's Agent

John Graham

Haute Properties NV License #BS.143840

Haute Properties NV

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,913

Year Built

  • Built in 1997

Lot Details

  • 0.39 Acre Lot
  • Back Yard Fenced
  • Corner Lot
  • Level Lot
  • Property is zoned MDS

Parking

  • 3 Car Attached Garage

Home Design

  • Pitched Roof
  • Shake Roof
  • Wood Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 2,733 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Double Pane Windows
  • Separate Formal Living Room
  • Mountain Views
  • Crawl Space
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Outdoor Features

  • Patio
  • Storage Shed

Schools

  • Lenz Elementary School
  • Pine Middle School
  • Galena High School

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 04979134

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,913

Year Built

Built in 1997

Lot Details

0

Parking

3

Listing Details

  • Year Built: 1997
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Corner Lot, Level
  • Lot Size Acres: 0.39
  • Road Frontage Type: Other
  • Has View?: Yes
  • Association Amenities: None
  • Has H O A?: No
  • Co List Office Mls Id: 1934-o
  • Co List Office Phone: 775-345-3070
  • Directions: Wedge Pkwy to Quicksilver to Silversmith
  • Has Fireplace?: Yes
  • Living Area: 2733.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Lenz
  • Tax Legal Middle Or Junior School2: Pine
  • Tax Legal High School: Galena
  • Tax Legal Tax Annual Amount: 2912.76
  • Tax Legal Zoning4: MDS
  • Association Community Association Y N3: No
  • Building Stories5: 2
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 0.39
  • Lot Lot Size Square Feet2: 16988.4
  • Lot Horse Y N2: No
  • Lot View Y N2: Yes
  • Fencing Back Yard: Yes
  • Foundation Details Crawl Space: 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
  • Outdoor Living Spaces Patio2: Yes
  • Personal Property Included Storage Shed: Yes
  • View Mountain(s): Yes
  • Appliances Microwave: Yes
  • Water Heater Gas5: Yes
  • Lot Features Corner Lot: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Interior Amenities: Breakfast Bar, Kitchen Island, Walk-In Closet(s)
  • Window Features: Double Pane Windows
  • Interior Living Area4: 2733.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Interior Features Breakfast Bar: Yes
  • Window Features Double Pane Windows: Yes
  • Living Room Features Separate Formal Room: Yes
  • Family Room Features Separate Formal Room3: Yes
  • Kitchen Features Breakfast Bar2: Yes
  • Primary Bedroom Features Double Sinks: Yes
  • Interior Fireplaces Total2: 1.0
  • Primary Bedroom Features Shower Stall: Yes
  • Flooring Ceramic Tile: Yes
  • Laundry Features Laundry Area: Yes
  • Laundry Features Laundry Room: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Interior Features Kitchen Island: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Kitchen Features Built- In Microwave: Yes
  • Kitchen Features Kitchen Island2: Yes
  • Primary Bedroom Features Bathtub: Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes

Exterior Features

  • Roof: Pitched, Shake, Wood
  • Stories: 2
  • View: Mountain(s)
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Patio
  • Construction Materials Wood Siding: Yes
  • Roof Pitched: Yes
  • Roof Shake: Yes
  • Roof Wood4: Yes

Garage/Parking

  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Garage Spaces: 3.0
  • Has Attached Garage?: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 3.0
  • Parking Information Garage Y N: Yes
  • Parking Information Garage Spaces: 3.0
  • Parking Information Carport Y N: No
  • Parking Information Parking Total: 3.0
  • Parking Features Attached: Yes

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: Laundry Area, Laundry Room
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Heating Y N3: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes

Schools

  • Middle Or Junior School: Pine

Lot Info

  • Parcel Number: 04979134
  • Fencing: Back Yard
  • Lot Size Sq Ft: 16988.4
  • Zoning: MDS

Tax Info

  • Tax Annual Amount: 2912.76

MLS Schools

  • Elementary School: Lenz
  • HighSchool: Galena

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2017
Sold by
Ansel David E and Ansel Cecelia M
Bought by
Ansel David E and Ansel Cecelia M
Current Estimated Value
$970,882

Purchase Details

Listed on
Aug 29, 2014
Closed on
Feb 2, 2015
Sold by
Reno Project Management Llc
Bought by
Ansel David E and Ansel Cecilia M
Seller's Agent
Steve O'Brien
RE/MAX Professionals-Reno
Buyer's Agent
John Graham
Haute Properties NV
List Price
$399,900
Sold Price
$392,000
Premium/Discount to List
-$7,900
-1.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.04%

Purchase Details

Closed on
Aug 5, 2014
Sold by
Olinger Philip M and Olinger Sandra K
Bought by
Reno Project Management Llc

Purchase Details

Closed on
Jul 14, 1999
Sold by
Morris Toby and Morris Patricia
Bought by
Olinger Philip M and Olinger Sandra K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,200
Interest Rate
7.64%

Purchase Details

Closed on
Feb 17, 1999
Sold by
Mountain View Development Inc
Bought by
Morris Toby and Morris Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,400
Interest Rate
6.77%
Mortgage Type
Balloon
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
Ansel David E -- None Available
Ansel David E $392,000 Western Title Co
Reno Project Management Llc $329,856 Western Title Company Inc
Olinger Philip M $248,500 First American Title Co
Morris Toby $233,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olinger Philip M $388,800
Previous Owner Olinger Philip M $312,000
Previous Owner Olinger Philip M $58,500
Previous Owner Olinger Philip M $216,000
Previous Owner Olinger Philip M $186,200
Previous Owner Morris Toby $186,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2015 02/02/15 Sold $392,000 -2.0% $143 / Sq Ft
12/17/2014 12/17/14 Pending -- -- --
08/29/2014 08/29/14 For Sale $399,900 -- $146 / 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 $3,800 $166,191 $65,240 $100,951
2024 $3,800 $156,525 $54,600 $101,925
2023 $3,691 $155,200 $58,415 $96,785
2022 $3,584 $127,288 $46,445 $80,843
2021 $3,480 $114,073 $33,390 $80,683
2020 $3,375 $112,853 $31,850 $81,003
2019 $3,277 $110,290 $31,185 $79,105
2018 $3,182 $101,075 $23,590 $77,485
2017 $3,084 $98,098 $20,370 $77,728
2016 $3,006 $101,509 $21,910 $79,599
2015 $3,000 $97,852 $18,480 $79,372
2014 $2,913 $93,555 $15,715 $77,840
2013 -- $87,260 $11,025 $76,235
Source: Public Records

Agents Affiliated with this Home

  • Steve O'Brien

    Seller's Agent in 2015

    Steve O'Brien

    RE/MAX

    (775) 233-4403

    432 Total Sales

    Steve O'Brien
    Section Image

  • J

    Buyer's Agent in 2015

    John Graham

    Haute Properties NV

    Section Image
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Map

Source: Northern Nevada Regional MLS

MLS Number: 140012140

Northern Nevada Regional MLS

APN: 049-791-34

Nevada Washoe County Reno 89511 Summit Sierra

501 Silversmith Place, Reno, NV

This home is located at 501 Silversmith Place, Reno, NV 89511 since 29 August 2014 and is currently estimated at $970,882, approximately $355 per square foot. This property was built in 1997. 501 Silversmith Place is a home located in Washoe County with nearby schools including Elizabeth Lenz Elementary School, Marce Herz Middle School, and Galena High School.

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