NOT LISTED FOR SALE

5061 Tahiti Way Unit 2 Reno, NV 89502

Smithridge Neighborhood

Estimated Value: $212,000 - $225,557

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

Last Sold April 21, 2022

Last sale price $239,000 $271 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,411/month

5 Days on Market

Highlights

  • Mountain View
  • Breakfast Area or Nook
  • Ceramic Tile Flooring
  • Damonte Ranch High School Rated A-
  • Walk-In Closet
  • 3-minute walk to Jamaica Park

About This Home

As of April 2022

Perfect for investors or first-time homeowner. Quaint vicinity located in a popular well-maintained community. Short distance to mall, shopping center, restaurants, bus stops and schools. HOA covers building maintenance., Tenant on month to month at $1,075 plus water sewer and trash. Water included in HOA Fee. Make highest and best offer. Offers will be reviewed end of day 03/26/2022. Pictures are pre-tenant move in. Buyer and Buyer's Agent to verify all information. Information is deemed reliable but not guaranteed. Please observe all COVID protocol.

Last Agent to Sell the Property

Jon Lundahl

Dickson Realty - Sparks License #S.76338 Listed on: 03/21/2022

Dickson Realty - Sparks

Last Buyer's Agent

Aaron Wood

RE/MAX Professionals-Reno License #S.190038

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $517

Year Built

  • Built in 1970

Lot Details

  • Landscaped
  • Sprinklers on Timer

HOA Fees

  • $199 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 882 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Family Room
  • Mountain Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • 1 Carport Space

Location

  • Ground Level

Schools

  • Smith Elementary School
  • Pine Middle School
  • Damonte High School

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 02514062

Community Details

Overview

  • $225 HOA Transfer Fee
  • Terra West Association, Phone Number (702) 251-4531
  • On-Site Maintenance
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$517

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
  • Lot Features: Landscaped, Level
  • Road Frontage Type: Other
  • Has View?: Yes
  • Security Features: Smoke Detector(s)
  • Association Amenities: Maintenance Grounds, Maintenance Structure
  • Association Fees: 199.0
  • Association Fee Frequency: Monthly
  • Has H O A?: Yes
  • Co List Office Mls Id: 409-o
  • Co List Office Phone: 775-322-1093
  • Co List Office Mls Id: 1240-o
  • Co List Office Phone: 775-685-8800
  • Directions: Neil Rd, Jamaica Ave, Tahiti Way
  • Has Fireplace?: No
  • Living Area: 882.0
  • Property Attached Yn: Yes
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Smith
  • Tax Legal Middle Or Junior School2: Pine
  • Tax Legal High School: Damonte
  • Tax Legal Tax Annual Amount: 516.7
  • Tax Legal Zoning4: mf30
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 199.0
  • Building Stories5: 2
  • Building Property Attached Y N: Yes
  • Building Home Warranty Y N: No
  • Lot Horse Y N2: No
  • Association Details Transfer Fee: 225.0
  • Lot View Y N2: Yes
  • Lot Features Landscaped: Yes
  • 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 Heater Electric5: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Disposal: Yes
  • Appliances Dryer: Yes
  • Appliances Washer: Yes
  • Security Features Smoke Detector(s): Yes
  • View Mountain(s): Yes
  • Association Amenities Maintenance Grounds: Yes
  • Sprinklers Automatic: Yes
  • Association Amenities Maintenance Structure: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: Terra West
  • Appliances Electric Range: Yes
  • Association Details Management Company Phone5: 702-251-4531
  • Appliances Included As Personal Property Electric Cooktop2: Yes
  • Appliances Electric Oven: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Range, Washer
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Walk-In Closet(s)
  • Window Features: Blinds, Single Pane Windows
  • Interior Living Area4: 882.0
  • Interior Fireplace Y N: No
  • Flooring Carpet: Yes
  • Interior Features Breakfast Bar: Yes
  • Laundry Features In Kitchen: Yes
  • Kitchen Features Breakfast Bar2: Yes
  • Unit Level Ground Floor: Yes
  • Window Features Blinds: Yes
  • Living Room Features Family Room Combination: Yes
  • Flooring Ceramic Tile: Yes
  • Kitchen Features Disposal2: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Kitchen Features Breakfast Nook: Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes
  • Interior Features Ceiling Fan(s)2: Yes
  • Family Room Features Ceiling Fan(s)5: Yes
  • Kitchen Features Electric Cooktop3: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Pitched, Shingle
  • Stories: 2
  • View: Mountain(s)
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes
  • Construction Materials Vinyl Siding: Yes

Garage/Parking

  • Carport Spaces: 1.0
  • Has Carport?: Yes
  • Has Attached Garage?: No
  • Total Parking Spaces: 1.0
  • Parking Information Garage Y N: No
  • Parking Information Carport Y N: Yes
  • Parking Information Carport Spaces2: 1.0
  • Parking Information Parking Total: 1.0

Utilities

  • Utilities: Electricity Available, Internet Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: In Kitchen
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Heating Y N3: Yes
  • Utilities Electricity Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Utilities Internet Available: Yes
  • Water Source Public: Yes
  • Heating Baseboard: Yes

Schools

  • Middle Or Junior School: Pine

Lot Info

  • Parcel Number: 02514062
  • Fencing: None
  • Zoning: mf30

Tax Info

  • Tax Annual Amount: 516.7

MLS Schools

  • Elementary School: Smith
  • HighSchool: Damonte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2022
Closed on
Apr 19, 2022
Sold by
Resnik Ina
Bought by
Mihaly Anna and Mihaly Klara
Seller's Agent
Jon Lundahl
Dickson Realty - Sparks
Buyer's Agent
Aaron Wood
RE/MAX Professionals-Reno
List Price
$228,995
Sold Price
$239,000
Premium/Discount to List
$10,005
4.37%
Current Estimated Value
$219,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,611
Avg. Annual Appreciation
-2.42%
Original Mortgage
$209,125
Outstanding Balance
$195,588
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$23,801

Purchase Details

Listed on
Mar 21, 2022
Closed on
Apr 18, 2022
Sold by
Mihaly Zoltan
Bought by
Mihaly Klara
Seller's Agent
Jon Lundahl
Dickson Realty - Sparks
Buyer's Agent
Aaron Wood
RE/MAX Professionals-Reno
List Price
$228,995
Sold Price
$239,000
Premium/Discount to List
$10,005
4.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,125
Outstanding Balance
$195,588
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$23,801

Purchase Details

Closed on
Aug 27, 2004
Sold by
Alarcon Evelin
Bought by
Resnik Paul and Resnik Ina

Purchase Details

Closed on
Oct 15, 2003
Sold by
Aguirre Jovelina C
Bought by
Alarcon Evelin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,500
Interest Rate
6.14%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 20, 1996
Sold by
Hud
Bought by
Aguirre Jovelina C and Alarcon Aguirre Evelin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
7.88%
Mortgage Type
FHA

Purchase Details

Closed on
May 14, 1996
Sold by
Ge Capital Mtg Services Inc
Bought by
Hud

Purchase Details

Closed on
Aug 17, 1995
Sold by
Saunders Marilyn A and Ingle Mariam J
Bought by
Ge Capital Mtg Services Inc

Purchase Details

Closed on
Nov 9, 1993
Sold by
Stroh Spencer and Stroh Heather
Bought by
Martorano Catherine L
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mihaly Anna $239,000 First Centennial Title
Mihaly Klara -- First Centennial Title
Resnik Paul $112,000 First American Title
Alarcon Evelin -- First Centennial Title Co
Aguirre Jovelina C -- Stewart Title
Hud -- First American Title Co
Ge Capital Mtg Services Inc $56,827 First American Title Co
Martorano Catherine L -- Comstock Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mihaly Anna $209,125
Closed Mihaly Klara $209,125
Previous Owner Alarcon Evelin $47,500
Previous Owner Aguirre Jovelina C $49,000
Closed Alarcon Evelin $13,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2022 04/21/22 Sold $239,000 +4.4% $271 / Sq Ft
03/26/2022 03/26/22 Pending -- -- --
03/21/2022 03/21/22 For Sale $228,995 -- $260 / 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 $587 $29,102 $18,795 $10,307
2024 $587 $27,531 $17,115 $10,416
2023 $571 $27,793 $18,760 $9,033
2022 $555 $24,008 $16,415 $7,593
2021 $517 $18,183 $10,710 $7,473
2020 $482 $17,343 $9,975 $7,368
2019 $451 $15,140 $7,735 $7,405
2018 $437 $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

  • J

    Seller's Agent in 2022

    Jon Lundahl

    Dickson Realty

    (775) 313-1200

    1 in this area

    21 Total Sales

    Jon Lundahl
    Section Image
  • Aaron Wood

    Buyer's Agent in 2022

    Aaron Wood

    RE/MAX

    (775) 900-7318

    1 in this area

    102 Total Sales

    Aaron Wood
    Section Image
See All Agents

Map

Source: Northern Nevada Regional MLS

MLS Number: 220003514

Northern Nevada Regional MLS

APN: 025-140-62

Nevada Washoe County Reno 89502 Smithridge

5061 Tahiti Way Unit 2, Reno, NV

This home is located at 5061 Tahiti Way Unit 2, Reno, NV 89502 since 21 March 2022 and is currently estimated at $219,389, approximately $248 per square foot. This property was built in 1970. 5061 Tahiti Way Unit 2 is a home located in Washoe County with nearby schools including Smithridge Elementary School, Edward L Pine Middle School, and Damonte Ranch 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.

Nearby Homes