NOT LISTED FOR SALE

5055 Callahan Ranch Trail Reno, NV 89511

Montreux Neighborhood

Estimated Value: $1,739,000 - $2,447,656

5.01 Acres
$388,406 Price per Acre
218,236 Sq Ft Lot

Last Sold February 25, 2019

Last sale price $250,000

Est. 678% increase in value since last sale

Current estimated payment $11,475/month

84 Days on Market

Highlights

  • View of Trees or Woods
  • 5.01 Acre Lot
  • Level Lot
  • Ted Hunsburger Elementary School Rated A-
  • Wooded Lot

About This Lot

As of February 2019

5 stunning acres available for sale in Callahan Ranch! Gorgeous Mountain & wooded views, sought after community. Many utilities at site. Please see documents attached in MLS. This lot is the perfect place to build your future dream home!

Last Agent to Sell the Property

Magda Martinez

HomeGate Realty of Reno License #S.44936 Listed on: 11/08/2018

Last Buyer's Agent

Cristy Silverman

Keller Williams Group One Inc. License #S.55942

Keller Williams Group One Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,544

Lot Details

  • 5.01 Acre Lot
  • Dirt Road
  • Level Lot
  • Corners Of The Lot Have Been Marked
  • Wooded Lot
  • Property is zoned MDR 6% LDS 94%

HOA Fees

  • $150 Monthly HOA Fees

Property Views

  • Woods
  • Mountain

Schools

  • Hunsberger Elementary School
  • Pine Middle School
  • Galena High School

Utilities

  • Septic Needed
  • Sewer Not Available

Community Details

  • $250 HOA Transfer Fee
  • Galena Canyon HOA / Mjk Co Association, Phone Number (775) 853-9056
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 148-304-04

Property Details

Property Type

Land

Est. Annual Taxes

$2,544

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Type: Land
  • Horses: No
  • Lot Features: Gentle Sloping, Level, Rolling Slope, Sloped Down, Sloped Up, Wooded, Corners Marked
  • Lot Size Acres: 5.01
  • Road Frontage Type: Other, Public Access
  • Road Surface Type: Paved, Dirt
  • Has View?: Yes
  • Association Fees: 150.0
  • Association Fee Frequency: Monthly
  • Has H O A?: Yes
  • Co List Office Mls Id: 1277-o
  • Co List Office Phone: 775-856-4663
  • Special Conditions: Real Estate Owned
  • Directions: Roan & Callahan Ranch Trail
  • Tax Legal Zoning4: MDR 6% LDS 94%
  • Lot Features Sloped Down: Yes
  • Lot Features Level: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Water Rights Water Rights Y N: No
  • View Mountain(s): Yes
  • Lot Features Sloped Up: Yes
  • Lot Features Gentle Sloping: Yes
  • View Trees Woods: Yes
  • Lot Features Wooded: Yes
  • Association Details Management Company Name5: Galena Canyon HOA / MJk Co
  • Tax Legal Elementary School2: Hunsberger
  • Tax Legal High School2: Galena
  • Lot Features Rolling Slope: Yes
  • Tax Legal Tax Annual Amount3: 2544.49
  • Association Details Management Company Phone5: 775-853-9056
  • Road Surface Type Dirt2: Yes
  • Tax Legal Middleor Junior School3: Pine
  • Association Community Association Y N: Yes
  • Lot Lot Size Acres: 5.01
  • Lot View Y N4: Yes
  • Lot Horse Y N4: No
  • Lot Features Corners Marked: Yes
  • Land Details Crops Included Y N: No
  • Land Details Deed Restrictions: Unknown
  • Land Details Utility Easement Y N: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Sewer Septic Needed: Yes
  • Association Details Association Transfer Fee: 250.0
  • Development Status Raw Land: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountain(s), Trees/Woods

Utilities

  • Utilities: Electricity Available, Sewer Not Available, Water Available
  • Water Source: Public
  • Sewer: Septic Needed
  • Utilities Electricity Available: Yes
  • Utilities Water Available: Yes
  • Water Source Public: Yes
  • Utilities Sewer Not Available: Yes

Schools

  • Middle Or Junior School: Pine

Lot Info

  • Parcel Number: 148-304-04
  • Fencing: None
  • Development Status: Raw Land
  • Lot Size Sq Ft: 218235.6
  • Crops Included: No
  • Zoning: MDR 6% LDS 94%

Tax Info

  • Tax Annual Amount: 2544.49

MLS Schools

  • Elementary School: Hunsberger
  • HighSchool: Galena

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2021
Sold by
Higman Nicholas Craig and Sulprizio Jenna
Bought by
Jsnh 2019 Trust
Current Estimated Value
$1,945,914

Purchase Details

Closed on
Sep 13, 2019
Sold by
Jsnh 2019 Trust
Bought by
Higman Nicholas C and Sulprizio Jenna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$613,071
Interest Rate
3.7%
Mortgage Type
Construction
Estimated Equity
$1,332,843

Purchase Details

Closed on
Aug 14, 2019
Sold by
Higman Nicholas Craig and Sulprizio Jenna
Bought by
Higman Nicholas Craig and Sulprizio Jenna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$613,071
Interest Rate
3.7%
Mortgage Type
Construction
Estimated Equity
$1,332,843

Purchase Details

Listed on
Nov 8, 2018
Closed on
Feb 11, 2019
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Higman Nicholas C and Sulprizio Jenna
Seller's Agent
Magda Martinez
HomeGate Realty of Reno
Buyer's Agent
Cristy Silverman
Keller Williams Group One Inc.
List Price
$274,900
Sold Price
$250,000
Premium/Discount to List
-$24,900
-9.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.15%

Purchase Details

Closed on
Oct 10, 2018
Sold by
Coggeshall David R and Coggeshall Tamar
Bought by
Wilmington Saving Fund Society Fsb and Dba Christiana Trust

Purchase Details

Closed on
Aug 17, 2004
Sold by
Galena Meadows Associates Llc
Bought by
Coggeshall David R and Coggeshall Tamar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,500
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
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
Jsnh 2019 Trust -- None Available
Higman Nicholas C -- First Centennial Reno
Higman Nicholas Craig -- None Available
Higman Nicholas C $250,000 Servicelink Title Co
Wilmington Saving Fund Society Fsb $195,000 Servicelink Title Agency Inc
Coggeshall David R $415,000 Founders Title Company Of Nv
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Higman Nicholas C $700,000
Previous Owner Coggeshall David R $373,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2019 02/25/19 Sold $250,000 +4.2% --
01/31/2019 01/31/19 Pending -- -- --
01/24/2019 01/24/19 Price Changed $239,900 -7.7% --
12/21/2018 12/21/18 Price Changed $259,900 -5.5% --
11/08/2018 11/08/18 For Sale $274,900 -- --
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 $11,980 $466,628 $157,500 $309,128
2024 $11,980 $466,882 $157,500 $309,383
2023 $11,999 $423,996 $148,750 $275,246
2022 $10,891 $356,312 $140,000 $216,312
2021 $10,079 $336,188 $122,500 $213,688
2020 $6,023 $222,830 $122,500 $100,330
2019 $2,667 $116,360 $115,500 $860
2018 $2,544 $103,234 $102,375 $859
2017 $2,442 $98,869 $98,000 $869
2016 $2,381 $98,833 $98,000 $833
2015 $1,187 $84,867 $84,000 $867
2014 $2,301 $71,010 $70,140 $870
2013 -- $70,185 $70,140 $45
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Magda Martinez

    HomeGate Realty of Reno

    Section Image
  • Cristy Silverman

    Buyer's Agent in 2019

    Cristy Silverman

    Keller Williams Group One Inc.

    (775) 342-8388

    2 in this area

    70 Total Sales

    Cristy Silverman
    Section Image
See All Agents

Map

Source: Northern Nevada Regional MLS

MLS Number: 180016776

Northern Nevada Regional MLS

APN: 148-304-04

Nevada Washoe County Reno 89511 Montreux

5055 Callahan Ranch Trail, Reno, NV

This home is located at 5055 Callahan Ranch Trail, Reno, NV 89511 since 08 November 2018 and is currently estimated at $1,945,914. 5055 Callahan Ranch Trail is a home located in Washoe County with nearby schools including Ted Hunsburger Elementary School, Marce Herz Middle School, and Galena High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Nevada Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The content relating to real estate for sale on this web site comes in part from the Broker Reciprocity/ IDX program of the Northern Nevada Regional Multiple Listing Service°. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo and detailed information about those listings includes the name of the listing brokerage. Any use of the content other than by a search performed by a consumer looking to purchase or rent real estate is prohibited. © 2025 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved.

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