NOT LISTED FOR SALE

5020 Tahiti Way Unit 3 Reno, NV 89502

Smithridge Neighborhood

Estimated Value: $203,401 - $224,000

2 Beds
1 Bath
882 Sq Ft
$195/mo HOA Fee

Last Sold August 22, 2018

Last sale price $144,900 $164 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,364/month

32 Days on Market

Highlights

  • Double Pane Windows
  • Laundry Room
  • Level Lot
  • Breakfast Bar
  • Combination Dining and Living Room
  • 2-minute walk to Jamaica Park

About This Home

As of August 2018

Beautiful home located in Reno, featuring 2 bedrooms, 1 bathroom, and plenty of living space for a family or for retirement use. Located within walking distance of Meadowood Mall. Move-in Ready! Regular Sale!, Buyer and Buyer's agent should verify all information provided on MLS. Seller may have a financial relationship with a member of listing brokerage.

Last Agent to Sell the Property

Steve O'Brien

RE/MAX Professionals-Reno License #BS.1000912 Listed on: 05/31/2018

RE/MAX Professionals-Reno

Last Buyer's Agent

David Bardelli

Sierra Sotheby's Intl. Realty License #S.181853

Sierra Sotheby's Intl. Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $425

Year Built

  • Built in 1970

HOA Fees

  • $195 Monthly HOA Fees

Home Design

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

Interior Spaces

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

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Electric Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Dryer
  • Washer

Location

  • Ground Level

Schools

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

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • $250 HOA Transfer Fee
  • Opus 1 Community Management Llc Association, Phone Number (775) 284-4788
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 02514042

Property Details

Home Type

Condominium

Est. Annual Taxes

$425

Year Built

Built in 1970

Lot Details

0

HOA Fees

$195 per month

Listing Details

  • Year Built: 1970
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Horses: No
  • Lot Features: Level
  • Road Frontage Type: Other
  • Association Amenities: None
  • Association Fees: 195.0
  • Association Fee Frequency: Monthly
  • Has H O A?: Yes
  • Co List Office Mls Id: 1934-o
  • Co List Office Phone: 775-345-3070
  • Directions: Jamaica Ave/ Neil Rd/ S McCarran Blvd
  • 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: 424.59
  • Tax Legal Zoning4: MUCC
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 195.0
  • Building Stories5: 2
  • Building Property Attached Y N: Yes
  • Building Home Warranty Y N: No
  • Lot Horse Y N2: No
  • Association Details Transfer Fee: 250.0
  • 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 Dryer: Yes
  • Appliances Washer: Yes
  • Water Heater Gas5: Yes
  • Construction Materials Stucco: Yes
  • Construction Materials Stone: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: OPUS 1 COMMUNITY MANAGEMENT LLC
  • Appliances Electric Range: Yes
  • Association Details Management Company Phone5: 775-284-4788
  • Appliances Electric Oven: Yes
  • Appliances Included As Personal Property Oven2: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Oven, Electric Range, Oven, Washer
  • Flooring: Carpet
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar
  • Window Features: 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
  • Dining Room Features Living Room Combination: Yes
  • Laundry Features Laundry Area: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Living Room Features Dining Room Combination: Yes
  • Kitchen Features Built- In Single Oven: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Pitched, Shingle
  • Stories: 2
  • Construction Type: Stone, Stucco
  • Foundation Details: Slab
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Has Attached Garage?: No
  • Parking Features: None
  • Parking Information Garage Y N: No
  • Parking Information Carport Y N: No

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: In Kitchen, Laundry Area
  • 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: 02514042
  • Fencing: None
  • Zoning: MUCC

Tax Info

  • Tax Annual Amount: 424.59

MLS Schools

  • Elementary School: Smithridge
  • HighSchool: Damonte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2018
Closed on
Aug 22, 2018
Sold by
Poker Brown Llc
Bought by
Aviles Thelma
Seller's Agent
Steve O'Brien
RE/MAX Professionals-Reno
Buyer's Agent
David Bardelli
Sierra Sotheby's Intl. Realty
List Price
$144,900
Sold Price
$144,900
Current Estimated Value
$215,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,950
Avg. Annual Appreciation
5.58%
Original Mortgage
$140,553
Outstanding Balance
$121,555
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$94,295

Purchase Details

Closed on
Mar 23, 2018
Sold by
5091 Tahiti Llc
Bought by
Poker Brown Llc

Purchase Details

Closed on
Sep 19, 2008
Sold by
Hamel Michael F and Hamel Cathleen D
Bought by
5091 Tahiti Llc

Purchase Details

Closed on
Mar 18, 2002
Sold by
Western Exchange Services Inc
Bought by
Hamel Michael F and Hamel Cathleen D

Purchase Details

Closed on
Dec 8, 2000
Sold by
Griffin Mary M
Bought by
Barrett Ellen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Aviles Thelma $144,900 Western Title Co
Poker Brown Llc $100,000 First Centennial Reno
5091 Tahiti Llc -- None Available
Hamel Michael F $57,000 Stewart Title Northern Nevad
Barrett Ellen $54,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aviles Thelma $140,553
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2018 08/22/18 Sold $144,900 0.0% $164 / Sq Ft
07/02/2018 07/02/18 Pending -- -- --
05/31/2018 05/31/18 For Sale $144,900 -- $164 / 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
2026 $409 $28,690 $18,200 $10,490
2025 $533 $29,102 $18,795 $10,307
2024 $533 $27,531 $17,115 $10,416
2023 $518 $27,793 $18,760 $9,033
2022 $503 $24,008 $16,415 $7,593
2021 $490 $18,183 $10,710 $7,473
2020 $1,090 $17,343 $9,975 $7,368
2019 $459 $15,140 $7,735 $7,405
2018 $438 $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

  • Steve O'Brien

    Seller's Agent in 2018

    Steve O'Brien

    RE/MAX

    (775) 233-4403

    448 Total Sales

    Steve O'Brien
    Section Image
  • David Bardelli

    Buyer's Agent in 2018

    David Bardelli

    Sierra Sotheby's Intl. Realty

    (775) 772-1575

    24 Total Sales

    David Bardelli
    Section Image
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Map

Source: Northern Nevada Regional MLS

MLS Number: 180009404

Northern Nevada Regional MLS

APN: 025-140-42

Nevada Washoe County Reno 89502 Smithridge

5020 Tahiti Way Unit 3, Reno, NV

Not Listed for Sale

Condos

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