NOT LISTED FOR SALE

550 Colby Ln Reno, NV 89506

Raleigh Heights Neighborhood

Estimated Value: $400,000 - $447,000

3 Beds
2 Baths
1,184 Sq Ft
$351/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $393,000 $332 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,341/month

24 Days on Market

About This Home

As of December 2021

This home could be the perfect first home or investment. Most of the work is already done. Fresh paint inside and new flooring. A fixed up kitchen already has granite counters and the bathrooms have new vanities. The backyard is a clean slate waiting for your ideas to come to reality. This is a single story gem in the North Valleys.

Last Agent to Sell the Property

Terri Cole

Coldwell Banker Select Mt Rose License #S.70831 Listed on: 11/10/2021

Coldwell Banker Select Mt Rose

Last Buyer's Agent

William De La Torre

Krch Realty License #S.193315

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,269

Year Built

  • Built in 1984

Lot Details

  • 6,098 Sq Ft Lot
  • Property is zoned SF6

Parking

  • 2 Car Garage

Home Design

  • Pitched Roof

Interior Spaces

  • 1,184 Sq Ft Home
  • Carpet

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Smith Elementary School
  • Obrien Middle School
  • North Valleys High School

Utilities

  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 08283021

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,269

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1984
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Road Frontage Type: Other
  • Co List Office Mls Id: 806-o
  • Co List Office Phone: 775-849-8500
  • Directions: Golden Valley to Fowler to Colby
  • Property Attached Yn: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Microwave, Refrigerator
  • Flooring: Carpet, Tile, Vinyl
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Kitchen Island, Primary Downstairs
  • Window Features: Double Pane Windows, Metal Frames, Vinyl Frames

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Pitched, Shingle
  • Stories: 1
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Deck

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Water Meter Installed
  • Water Source: Public
  • Laundry Features: Laundry Area, Shelves
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Middle Or Junior School: OBrien

Lot Info

  • Parcel Number: 08283021
  • Fencing: Back Yard
  • Lot Size Sq Ft: 6098.4
  • Zoning: SF6

Tax Info

  • Tax Annual Amount: 1268.65

MLS Schools

  • Elementary School: Smith
  • HighSchool: North Valleys

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2021
Closed on
Dec 13, 2021
Sold by
Caufield Linda and The Hatch Family Trust
Bought by
Dela Torre Esmeralda and De La Torre
Seller's Agent
Terri Cole
Coldwell Banker Select Mt Rose
Buyer's Agent
William De La Torre
Krch Realty
List Price
$425,000
Sold Price
$393,000
Premium/Discount to List
-$32,000
-7.53%
Total Days on Market
24
Current Estimated Value
$415,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,900
Avg. Annual Appreciation
1.67%
Original Mortgage
$373,350
Outstanding Balance
$346,889
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$69,011

Purchase Details

Closed on
Jan 10, 1994
Sold by
Hatch D Kent and Hatch Patricia V
Bought by
Hatch D Kent and Hatch Patricia V
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
Dela Torre Esmeralda $393,000 Ticor Title Reno
Hatch D Kent -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dela Torre Esmeralda $373,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $393,000 -1.7% $332 / Sq Ft
12/03/2021 12/03/21 Pending -- -- --
11/24/2021 11/24/21 Price Changed $399,900 -5.9% $338 / Sq Ft
11/09/2021 11/09/21 For Sale $425,000 -- $359 / 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 $1,596 $57,111 $30,058 $27,053
2024 $1,478 $56,253 $28,529 $27,724
2023 $1,478 $55,654 $29,061 $26,593
2022 $1,368 $46,657 $24,206 $22,451
2021 $1,269 $38,667 $16,027 $22,640
2020 $1,195 $39,387 $16,426 $22,961
2019 $1,137 $37,275 $14,863 $22,412
2018 $1,084 $33,291 $11,106 $22,185
2017 $1,042 $31,391 $8,944 $22,447
2016 $1,015 $30,173 $7,016 $23,157
2015 $257 $28,534 $5,819 $22,715
2014 $983 $27,425 $5,420 $22,005
2013 -- $25,956 $3,957 $21,999
Source: Public Records

Agents Affiliated with this Home

  • Terri Cole

    Seller's Agent in 2021

    Terri Cole

    Coldwell Banker Select Mt Rose

    (775) 772-2466

    1 in this area

    80 Total Sales

    Terri Cole
    Section Image
  • William De La Torre

    Buyer's Agent in 2021

    William De La Torre

    Krch Realty

    (775) 409-5597

    Section Image
See All Agents

Map

Source: Northern Nevada Regional MLS

MLS Number: 210016763

Northern Nevada Regional MLS

APN: 082-830-21

Nevada Washoe County Reno 89506 Raleigh Heights

550 Colby Ln, Reno, NV

This home is located at 550 Colby Ln, Reno, NV 89506 since 10 November 2021 and is currently estimated at $415,900, approximately $351 per square foot. This property was built in 1984. 550 Colby Ln is a home located in Washoe County with nearby schools including Alice L. Smith Elementary School, William O'Brien Middle School, and North Valleys High School.

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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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