NOT LISTED FOR SALE

5011 Tahiti Way Unit 1 Reno, NV 89502

Smithridge Neighborhood

Estimated Value: $198,000 - $213,000

2 Beds
1 Bath
810 Sq Ft
$199/mo HOA Fee

Last Sold April 19, 2019

Last sale price $162,500 $201 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,336/month

1 Day on Market

Highlights

  • Park or Greenbelt View
  • Community Pool
  • Cooling System Mounted To A Wall/Window
  • Damonte Ranch High School Rated A-
  • Double Pane Windows
  • 3-minute walk to Jamaica Park

About This Home

As of April 2019

This is the one you've been waiting for! Fully re-conditioned popular ground floor front unit with beautiful and durable new vinyl waterproof laminate flooring in kitchen, dining and living rooms, as well as bathroom. New carpet in bedrooms. New fiberglass shower enclosure, shower valve and fixtures. Newly painted interior. New doors and door hardware and door trim. Re-designed kitchen with abundant cabinet space. Dual pane vinyl windows. Close to elementary and middle schools, bus routes and shopping., With soaring rents and low taxes ($451.64) on this condo, this may be one of the best investment or first time home buyer opportunities in Reno. Seller is a licensed real estate agent.

Last Agent to Sell the Property

Eric Won

Chase International-Damonte License #S.171300 Listed on: 03/29/2019

Co-Listed By

Larry Johnston

Chase International-Damonte License #S.171683

Last Buyer's Agent

Ali Liptrot

Chase International-Damonte License #S.168357

Chase International-Damonte

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $452

Year Built

  • Built in 1970

Lot Details

  • Landscaped
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $199 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Stick Built Home
  • Stucco

Interior Spaces

  • 810 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Vinyl Clad Windows
  • Blinds
  • Family Room
  • Combination Dining and Living Room
  • Park or Greenbelt Views

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • 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

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Electric Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • HUD Owned
  • Assessor Parcel Number 02514053

Community Details

Overview

  • $335 HOA Transfer Fee
  • Terra West Management Company Association
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Pool

Additional Features

  • No Laundry Facilities
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$452

Year Built

Built in 1970

Lot Details

0

HOA Fees

$199 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: 1471-o
  • Co List Office Phone: 775-850-5900
  • Co List Office Mls Id: 1471-o
  • Co List Office Phone: 775-850-5900
  • Directions: Neil Rd to Jamaica to Tahiti Way
  • Property Attached Yn: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
  • Flooring: Carpet, Tile, Vinyl
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Primary Downstairs
  • Window Features: Blinds, Double Pane Windows, Vinyl Frames

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Pitched, Shingle
  • Stories: 1
  • View: Park/Greenbelt
  • Construction Type: Stucco
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: None

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Available, Phone Available, Sewer Available, Water Available, Cellular Coverage
  • Water Source: Public
  • Laundry Features: In Kitchen, None
  • Cooling: Electric, Wall/Window Unit(s)
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Middle Or Junior School: Pine

Lot Info

  • Parcel Number: 02514053
  • Fencing: None
  • Lot Size Sq Ft: 435.6
  • Zoning: MUCC

Tax Info

  • Tax Annual Amount: 451.64

MLS Schools

  • Elementary School: Smithridge
  • HighSchool: Damonte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2019
Closed on
Apr 18, 2019
Sold by
Lamp L Lc
Bought by
Whitehurst Neil and Whitehurst Faith
Seller's Agent
Eric Won
Chase International-Damonte
Buyer's Agent
Ali Liptrot
Chase International-Damonte
List Price
$165,000
Sold Price
$162,500
Premium/Discount to List
-$2,500
-1.52%
Total Days on Market
1
Current Estimated Value
$204,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,739
Avg. Annual Appreciation
3.76%

Purchase Details

Closed on
Apr 13, 2015
Sold by
Johnston Lawrence W and Fitzgerald Alanna L
Bought by
Lamp Llc Series A and Lamp Llc Series B

Purchase Details

Closed on
Mar 29, 2000
Sold by
Johnston Lawrence W and Fitzgerald Alanna
Bought by
Johnston Lawrence W and Fitzgerald Alanna L

Purchase Details

Closed on
Jan 18, 1994
Sold by
Fitzgerald Michele
Bought by
Johnston Lawrence W and Fitzgerald Alanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,850
Interest Rate
7.21%
Mortgage Type
FHA
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
Whitehurst Neil $162,500 Ticor Title Reno
Lamp Llc Series A -- None Available
Johnston Lawrence W -- --
Johnston Lawrence W -- Stewart Title
Johnston Lawrence W -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnston Lawrence W $48,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2019 04/19/19 Sold $162,500 -1.5% $201 / Sq Ft
03/30/2019 03/30/19 Pending -- -- --
03/29/2019 03/29/19 For Sale $165,000 -- $204 / 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 $643 $30,914 $18,795 $12,119
2024 $643 $29,428 $17,115 $12,313
2023 $651 $27,540 $18,760 $8,780
2022 $538 $23,793 $16,415 $7,378
2021 $501 $17,972 $10,710 $7,262
2020 $468 $17,169 $9,975 $7,194
2019 $445 $14,947 $7,735 $7,212
2018 $425 $12,279 $4,970 $7,309
2017 $417 $11,634 $4,130 $7,504
2016 $406 $11,814 $3,920 $7,894
2015 $406 $11,625 $3,220 $8,405
2014 -- $10,579 $2,380 $8,199
2013 -- $10,281 $1,890 $8,391
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2019

    Eric Won

    Chase International-Damonte

  • Larry Johnston

    Seller Co-Listing Agent in 2019

    Larry Johnston

    Chase International-Damonte

    (775) 750-5626

    Section Image
  • Ali Liptrot

    Buyer's Agent in 2019

    Ali Liptrot

    Chase International-Damonte

    (415) 577-0733

    82 Total Sales

    Ali Liptrot
    Section Image
See All Agents

Map

Source: Northern Nevada Regional MLS

MLS Number: 190003854

Northern Nevada Regional MLS

APN: 025-140-53

Nevada Washoe County Reno 89502 Smithridge

5011 Tahiti Way Unit 1, Reno, NV

This home is located at 5011 Tahiti Way Unit 1, Reno, NV 89502 since 29 March 2019 and is currently estimated at $204,239, approximately $252 per square foot. This property was built in 1970. 5011 Tahiti Way Unit 1 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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