NOT LISTED FOR SALE

5061 Tahiti Way Unit 1 Reno, NV 89502

Smithridge Neighborhood

Estimated Value: $191,000 - $212,000

2 Beds
1 Bath
810 Sq Ft
$252/Sq Ft Est. Value

Last Sold June 21, 2021

Last sale price $195,000 $241 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,375/month

4 Days on Market

Highlights

  • Breakfast Bar
  • Landscaped
  • Ceiling Fan
  • Damonte Ranch High School Rated A-
  • Combination Dining and Living Room
  • 3-minute walk to Jamaica Park

About This Home

As of June 2021

Perfect 2 bedroom condo for first time home buyer or investor! Ideal location in central Reno, within walking distance to schools, shopping, Meadowood Mall, and easy freeway access. The interior just received a fresh coat of paint, new doors and the carpets have been cleaned. The community features Common area maintenance, Building Insurance, Exterior Building Maintenance, extra storage in the carport.

Last Agent to Sell the Property

Stephen Tynan

Dickson Realty - Caughlin License #S.187654 Listed on: 04/11/2021

Dickson Realty - Caughlin

Last Buyer's Agent

Juan Segura

Reno Real Estate License #B.1002755

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,349

Year Built

  • Built in 1970

Lot Details

  • Landscaped
  • Front and Back Yard Sprinklers

HOA Fees

  • $200 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
  • Ceiling Fan
  • Blinds
  • Aluminum Window Frames
  • Combination Dining and Living Room
  • Carpet

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Common or Shared Parking

Location

  • Ground Level

Schools

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

Utilities

  • Wall Furnace
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 02514061

Community Details

Overview

  • $200 HOA Transfer Fee
  • Terra West Association, Phone Number (702) 251-4531
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Community Storage Space

Recreation

  • Snow Removal

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,349

Year Built

Built in 1970

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Year Built: 1970
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Horses: No
  • Road Frontage Type: Other
  • Co List Office Mls Id: 136-o
  • Co List Office Phone: 775-746-7000
  • Directions: Neal Rd, Jamaica Ave, Tahiti Way
  • Property Attached Yn: Yes
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Oven, Electric Range, Refrigerator, Washer
  • Flooring: Carpet
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s)
  • Window Features: Blinds, Metal Frames, Single Pane Windows

Exterior Features

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

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cellular Coverage
  • Water Source: Public
  • Laundry Features: In Kitchen
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Middle Or Junior School: Pine

Lot Info

  • Parcel Number: 02514061
  • Fencing: None
  • Zoning: MF30

Tax Info

  • Tax Annual Amount: 1349.0

MLS Schools

  • Elementary School: Smithridge
  • HighSchool: Damonte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2022
Sold by
Hernandez Corrilo Pedro
Bought by
Corrilo Pedro Hernandez and Orozco Maria Trinidad
Current Estimated Value
$203,945

Purchase Details

Listed on
Apr 11, 2021
Closed on
Jun 17, 2021
Sold by
Orozco Maria T Gonzalez
Bought by
Hernandez Corrilo Pedro
Seller's Agent
Stephen Tynan
Dickson Realty - Caughlin
Buyer's Agent
Juan Segura
Reno Real Estate
List Price
$173,000
Sold Price
$195,000
Premium/Discount to List
$22,000
12.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.12%
Original Mortgage
$175,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 11, 2021
Closed on
Jun 10, 2021
Sold by
Williams Elizabeth and Pope Carole M
Bought by
Hernandez Carrillo Pedro
Seller's Agent
Stephen Tynan
Dickson Realty - Caughlin
Buyer's Agent
Juan Segura
Reno Real Estate
List Price
$173,000
Sold Price
$195,000
Premium/Discount to List
$22,000
12.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2019
Sold by
Williams Francais Jean
Bought by
Williams Francais Jean

Purchase Details

Closed on
Jan 2, 2003
Sold by
Mchardy Rasmussen Penny and Mchardy Leslie Rasmussen
Bought by
Johnson Philip B

Purchase Details

Closed on
Aug 27, 1997
Sold by
Bilbao John P and Bilbao Nancy
Bought by
Mchardy Penny C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,320
Interest Rate
7.43%

Purchase Details

Closed on
May 6, 1997
Sold by
Bilbao Rosa
Bought by
Bilbao John P
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
Corrilo Pedro Hernandez -- First Centennial Title
Hernandez Corrilo Pedro -- First Centennial Reno
Hernandez Carrillo Pedro $195,000 First Centennial Reno
Williams Francais Jean $43,000 None Available
Johnson Philip B $66,000 First American Title
Mchardy Penny C $56,000 Western Title Company Inc
Bilbao John P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hernandez Corrilo Pedro $175,750
Previous Owner Johnson Philip B $60,000
Previous Owner Mchardy Penny C $54,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2021 06/21/21 Sold $195,000 +12.7% $241 / Sq Ft
04/15/2021 04/15/21 Pending -- -- --
04/11/2021 04/11/21 For Sale $173,000 -- $214 / 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 $533 $28,825 $18,795 $10,030
2024 $533 $27,268 $17,115 $10,153
2023 $375 $27,540 $18,760 $8,780
2022 $503 $23,793 $16,415 $7,378
2021 $507 $17,972 $10,710 $7,262
2020 $1,350 $17,169 $9,975 $7,194
2019 $1,230 $14,947 $7,735 $7,212
2018 $1,304 $12,279 $4,970 $7,309
2017 $417 $11,634 $4,130 $7,504
2016 $406 $11,814 $3,920 $7,894
2015 $207 $11,625 $3,220 $8,405
2014 $394 $10,579 $2,380 $8,199
2013 -- $10,281 $1,890 $8,391
Source: Public Records

Agents Affiliated with this Home

  • Stephen Tynan

    Seller's Agent in 2021

    Stephen Tynan

    Dickson Realty

    (775) 430-7035

    5 in this area

    37 Total Sales

    Stephen Tynan
    Section Image
  • Juan Segura

    Buyer's Agent in 2021

    Juan Segura

    Reno Real Estate

    (775) 379-0053

    12 in this area

    350 Total Sales

    Juan Segura
    Section Image
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Map

Source: Northern Nevada Regional MLS

MLS Number: 210004686

Northern Nevada Regional MLS

APN: 025-140-61

Nevada Washoe County Reno 89502 Smithridge

5061 Tahiti Way Unit 1, Reno, NV

This home is located at 5061 Tahiti Way Unit 1, Reno, NV 89502 since 11 April 2021 and is currently estimated at $203,945, approximately $251 per square foot. This property was built in 1970. 5061 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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