NOT LISTED FOR SALE

518 Silversmith Place Reno, NV 89511

Summit Sierra Neighborhood

Estimated Value: $976,000 - $1,132,000

4 Beds
3 Baths
2,733 Sq Ft
$386/Sq Ft Est. Value

Sale Details

Date Sold: July 5, 2016

Last sale price $505,000 $185 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $6,082 / mo

17 Days on Market

Highlights

  • Horses Allowed On Property
  • View of Trees or Woods
  • Wood Flooring
  • Elizabeth Lenz Elementary School Rated A-
  • 1.21 Acre Lot
  • Main Floor Bedroom

About This Home

As of July 2016

Amazing opportunity for a charming cul de sac home, no HOA, and room to park any RV or even build your dream shop! This immaculate 4 br 3 bath charmer sits on a 1.21 acre lot that affords privacy, but has a beautiful, smaller backyard for enjoying mountain views and listening to the seasonal creek behind the property! Separate garden area is ready for spring planting! This really is a unique opportunity ~ beautiful setting, immaculate and charming home and room to spread out!

Last Agent to Sell the Property

Cathy Lancaster

Dickson Realty - Damonte Ranch License #S.42815 Listed on: 05/12/2016

Dickson Realty - Damonte Ranch

Last Buyer's Agent

Angeles Wanco

Ferrari-Lund Real Estate Reno License #S.59882

Ferrari-Lund Real Estate Reno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,067

Year Built

  • Built in 1998

Lot Details

  • 1.21 Acre Lot
  • Cul-De-Sac
  • Partially Fenced Property
  • Landscaped
  • Level Lot
  • Open Lot
  • Front and Back Yard Sprinklers
  • Property is zoned LDS

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Property Views

  • Woods
  • Mountain

Home Design

  • Tile Roof
  • Stick Built Home
  • Masonite

Interior Spaces

  • 2,733 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Double Pane Windows
  • Family Room with Fireplace
  • Great Room
  • Combination Dining and Living Room
  • Crawl Space

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Sink Near Laundry

Schools

  • Brown Elementary School
  • Pine Middle School
  • Galena High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available

Additional Features

  • Patio
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Sterling Ranch 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 049-791-25

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,067

Year Built

Built in 1998

Lot Details

1.21 Acres

Parking

3

Listing Details

  • Year Built: 1998
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: Yes
  • Lot Features: Cul-De-Sac, Landscaped, Level, Open Lot, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Acres: 1.21
  • Road Frontage Type: Other
  • Has View?: Yes
  • Association Amenities: None
  • Has H O A?: No
  • Co List Office Mls Id: 824-o
  • Co List Office Phone: 775-850-7000
  • Subdivision Name: Sterling Ranch 3
  • Directions: Wedge/ Quicksilver/ Silversmith Place
  • Has Fireplace?: Yes
  • Living Area: 2733.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Brown
  • Tax Legal Middle Or Junior School2: Pine
  • Tax Legal High School: Galena
  • Tax Legal Tax Annual Amount: 3067.0
  • Tax Legal Zoning4: LDS
  • Association Community Association Y N3: No
  • Building Stories5: 2
  • Building Property Attached Y N: No
  • Lot Lot Size Acres2: 1.21
  • Lot Lot Size Square Feet2: 52707.6
  • Lot Horse Y N2: Yes
  • Construction Materials Masonite: Yes
  • Lot View Y N2: Yes
  • Lot Features Cul- De- Sac: Yes
  • Lot Features Landscaped: Yes
  • Foundation Details Crawl Space: Yes
  • Lot Features Level: Yes
  • Lot Features Sprinklers In Front: Yes
  • Lot Features Sprinklers In Rear: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Sprinklers Front: Yes
  • Sprinklers Rear: Yes
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Outdoor Living Spaces Patio2: Yes
  • View Mountain(s): Yes
  • Appliances Microwave: Yes
  • Fencing Partial2: Yes
  • Water Heater Gas5: Yes
  • Lot Features Open Lot: Yes
  • View Trees Woods: Yes
  • Appliances Gas Range: Yes
  • Appliances Included As Personal Property Gas Oven2: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Gas Range, Microwave
  • Flooring: Carpet, Wood
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Interior Amenities: High Ceilings, Kitchen Island, Walk-In Closet(s)
  • Window Features: Double Pane Windows
  • Interior Living Area4: 2733.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Interior Features High Ceilings: Yes
  • Window Features Double Pane Windows: Yes
  • Dining Room Features Living Room Combination: Yes
  • Interior Fireplaces Total2: 1.0
  • Flooring Wood: Yes
  • Laundry Features Laundry Area: Yes
  • Laundry Features Laundry Room: Yes
  • Dining Room Features High Ceilings3: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Primary Bedroom Features High Ceilings6: Yes
  • Fireplace Features Family Room: Yes
  • Interior Features Kitchen Island: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Laundry Features Sink: Yes
  • Family Room Features High Ceilings4: Yes
  • Kitchen Features Built- In Microwave: Yes
  • Kitchen Features Kitchen Island2: Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes
  • Family Room Features Great Room5: Yes
  • Other Rooms Bedroom Office Main Floor: Yes
  • Living Room Features Dining Room Combination: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Tile
  • Stories: 2
  • View: Mountain(s), Trees/Woods
  • Construction Type: Masonite
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Patio
  • Roof Tile3: Yes

Garage/Parking

  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Garage Spaces: 3.0
  • Has Attached Garage?: Yes
  • Parking Features: Attached, Garage Door Opener
  • Total Parking Spaces: 3.0
  • Parking Information Garage Y N: Yes
  • Parking Information Garage Spaces: 3.0
  • Parking Information Carport Y N: No
  • Parking Information Parking Total: 3.0
  • Parking Features Attached: Yes
  • Parking Features Garage Door Opener: Yes

Utilities

  • Utilities: Electricity Available, Internet Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: Laundry Area, Laundry Room, Sink
  • Heating: Forced Air, 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
  • Utilities Internet Available: Yes
  • Heating Forced Air: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes

Schools

  • Middle Or Junior School: Pine

Lot Info

  • Parcel Number: 049-791-25
  • Fencing: Partial
  • Lot Size Sq Ft: 52707.6
  • Zoning: LDS

Tax Info

  • Tax Annual Amount: 3067.0

MLS Schools

  • Elementary School: Brown
  • HighSchool: Galena

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2016
Closed on
Jul 5, 2016
Sold by
Bought by
Seller's Agent
Cathy Lancaster
Dickson Realty - Damonte Ranch
Buyer's Agent
Angeles Wanco
Ferrari-Lund Real Estate Reno
List Price
$524,900
Sold Price
$505,000
Premium/Discount to List
-$19,900
-3.79%
Current Estimated Value
$1,054,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$549,912
Avg. Annual Appreciation
7.68%
Original Mortgage
$355,000
Outstanding Balance
$281,097
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$773,815

Purchase Details

Closed on
Sep 6, 2005
Sold by
Bought by

Purchase Details

Closed on
Nov 5, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,150
Interest Rate
6.86%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$505,000 First Centennial Reno
-- --
$265,000 First American Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $355,000
Previous Owner $227,150
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/05/2016 07/05/16 Sold $505,000 -3.8% $185 / Sq Ft
05/29/2016 05/29/16 Pending -- -- --
05/12/2016 05/12/16 For Sale $524,900 -- $192 / Sq Ft
Source: Northern Nevada Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,603 $173,085 $69,512 $103,573
2025 $4,470 $180,621 $75,026 $105,595
2024 $4,342 $169,380 $62,790 $106,590
2023 $4,342 $168,239 $67,177 $101,062
2022 $4,216 $137,768 $53,412 $84,357
2021 $3,904 $122,555 $38,399 $84,156
2020 $3,669 $121,026 $36,628 $84,398
2019 $3,494 $118,322 $35,863 $82,459
2018 $3,335 $107,833 $27,129 $80,704
2017 $3,195 $104,388 $23,426 $80,962
2016 $3,115 $107,972 $25,197 $82,775
2015 $3,067 $103,790 $21,252 $82,538
2014 $2,977 $97,562 $18,072 $79,490
2013 -- $90,412 $12,679 $77,733
Source: Public Records

Agents Affiliated with this Home

  • Cathy Lancaster

    Seller's Agent in 2016

    Cathy Lancaster

    Dickson Realty

    (775) 830-6565

    1 in this area

    13 Total Sales

    Cathy Lancaster
    Section Image
  • Angeles Wanco

    Buyer's Agent in 2016

    Angeles Wanco

    Ferrari-Lund Real Estate Reno

    (775) 843-3844

    82 Total Sales

    Angeles Wanco
    Section Image
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Map

Source: Northern Nevada Regional MLS

MLS Number: 160006851

Northern Nevada Regional MLS

APN: 049-791-25

Nevada Washoe County Reno 89511 Summit Sierra

518 Silversmith Place, Reno, NV

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