NOT LISTED FOR SALE

550 Preston Burr Ln Reno, NV 89503

Panther Valley Neighborhood

Estimated Value: $363,000 - $464,544

2 Beds
2.5 Baths
1,302 Sq Ft
$305/Sq Ft Est. Value

Last Sold March 10, 2022

Last sale price $425,000 $326 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,327/month

17 Days on Market

Highlights

  • Two Primary Bedrooms
  • High Ceiling
  • Double Pane Windows
  • Mountain View
  • Great Room
  • Tandem Parking

About This Home

As of March 2022

No detail has been overlooked in this completely renovated South facing condo in highly desireable area of North Reno. Centrally located with easy freeway access. Offering privacy as it backs to open space and miles of trails. Close to San Rafael Park, and UNR . A private deck to enjoy the best Reno has to offer, Warm sunny days with bright blue skies. OPEN HOUSE SAT. 1/29, SUN 1/30 FROM 1-4, Matching master suites offers a great opportunity for income or a guest suite. You will absolutely love the south facing deck looking out over the openspace of the Arroyo and walking trails! A run or bike ride is just outside your front door.

Last Agent to Sell the Property

Charlene Sandoval

RE/MAX Professionals-Reno License #S.194494 Listed on: 01/19/2022

RE/MAX Professionals-Reno

Last Buyer's Agent

Susan Smith

Coldwell Banker Select Reno License #S.176380

Coldwell Banker Select Reno

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,372

Year Built

  • Built in 2006

Lot Details

  • 1,307 Sq Ft Lot
  • Landscaped
  • Open Lot
  • Front and Back Yard Sprinklers

HOA Fees

  • $117 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Common or Shared Parking
  • Tandem Parking

Property Views

  • Mountain
  • Desert
  • Valley

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,302 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Double Pane Windows
  • Drapes & Rods
  • Blinds
  • Great Room
  • Family Room
  • Combination Kitchen and Dining Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Location

  • Ground Level

Schools

  • Elmcrest Elementary School
  • Clayton Middle School
  • Hug High School

Utilities

  • Refrigerated Cooling System
  • Central Air
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Gas Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 00380116

Community Details

Overview

  • Association fees include snow removal
  • $200 HOA Transfer Fee
  • Ebmc San Fafael Association
  • On-Site Maintenance
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Snow Removal

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,372

Year Built

Built in 2006

Lot Details

0

HOA Fees

$117 per month

Parking

2

Listing Details

  • Year Built: 2006
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Horses: No
  • Lot Features: Landscaped, Level, Open Lot, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Acres: 0.03
  • Has View?: Yes
  • Association Amenities: Landscaping, Maintenance Grounds, Maintenance Structure, Parking
  • Association Fees: 117.0
  • Association Fee Frequency: Monthly
  • Association Fee Inclusions: Snow Removal
  • Has H O A?: Yes
  • Co List Office Mls Id: 2713-o
  • Co List Office Phone: 775-544-1328
  • Directions: Vista Rafael Pkwy
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Living Area: 1302.0
  • Property Attached Yn: Yes
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Elmcrest
  • Tax Legal Middle Or Junior School2: Clayton
  • Tax Legal High School: Hug
  • Tax Legal Tax Annual Amount: 1372.16
  • Tax Legal Zoning4: MF14
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 117.0
  • Building Stories5: 3
  • Building Property Attached Y N: Yes
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 0.03
  • Lot Lot Size Square Feet2: 1306.8
  • Lot Horse Y N2: No
  • Association Details Transfer Fee: 200.0
  • Lot View Y N2: Yes
  • Lot Features Landscaped: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: 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: Yes
  • Sprinklers Front: Yes
  • Sprinklers Rear: Yes
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Cooling Refrigerated: Yes
  • Appliances Disposal: Yes
  • Appliances Dryer: Yes
  • Appliances Washer: Yes
  • View Mountain(s): Yes
  • Appliances Microwave: Yes
  • Association Amenities Maintenance Grounds: Yes
  • Association Fee Includes Snow Removal2: Yes
  • Water Heater Gas5: Yes
  • Lot Features Open Lot: Yes
  • View Desert: Yes
  • View Valley: Yes
  • Association Amenities Landscaping: Yes
  • Association Amenities Maintenance Structure: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: EBMC San Fafael
  • Appliances Gas Range: Yes
  • Appliances Included As Personal Property Gas Oven2: Yes
  • Appliances Included As Personal Property Gas Cooktop2: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Additional Refrigerator(s), Dishwasher, Disposal, Dryer, Gas Cooktop, Gas Range, Microwave, Washer
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: High Ceilings
  • Window Features: Blinds, Double Pane Windows, Drapes
  • Interior Bathrooms Half: 1
  • Interior Living Area4: 1302.0
  • Interior Fireplace Y N: No
  • Flooring Carpet: Yes
  • Interior Features High Ceilings: Yes
  • Window Features Double Pane Windows: Yes
  • Unit Level Ground Floor: Yes
  • Window Features Blinds: Yes
  • Window Features Drapes: Yes
  • Laundry Features In Hall: Yes
  • Living Room Features Family Room Combination: Yes
  • Primary Bedroom Features Tub Shower Combination: Yes
  • Flooring Ceramic Tile: Yes
  • Living Room Features Great Room3: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Dining Room Features Kitchen Combination: Yes
  • Kitchen Features Built- In Microwave: Yes
  • Flooring Laminate: Yes
  • Primary Bedroom Features Additional Primary Bedroom: Yes
  • Kitchen Features Gas Cooktop3: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Shingle
  • Stories: 3
  • View: Desert, Mountain(s), Valley
  • Construction Type: Wood Siding
  • Foundation Details: Slab
  • Construction Materials Wood Siding: Yes
  • Roof Composition: Yes
  • Roof Shingle: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Garage Spaces: 2.0
  • Has Attached Garage?: Yes
  • Parking Features: Tandem
  • Total Parking Spaces: 2.0
  • Parking Information Garage Y N: Yes
  • Parking Information Garage Spaces: 2.0
  • Parking Information Carport Y N: No
  • Parking Information Parking Total: 2.0
  • Association Amenities Parking: Yes
  • Parking Features Tandem: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cellular Coverage
  • Water Source: Public
  • Laundry Features: In Hall
  • Cooling: Central Air, Refrigerated
  • Heating: Hot Water, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Cooling Y N3: Yes
  • Utilities Heating Y N3: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Utilities Internet Available: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes
  • Heating Hot Water2: Yes

Schools

  • Middle Or Junior School: Clayton

Lot Info

  • Parcel Number: 00380116
  • Fencing: None
  • Lot Size Sq Ft: 1306.8
  • Zoning: MF14

Tax Info

  • Tax Annual Amount: 1372.16

MLS Schools

  • Elementary School: Elmcrest
  • HighSchool: Hug

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2022
Closed on
Mar 9, 2022
Sold by
Zavacky Michael L
Bought by
Poland Hayley
Seller's Agent
Charlene Sandoval
RE/MAX Professionals-Reno
Buyer's Agent
Susan Smith
Coldwell Banker Select Reno
List Price
$400,000
Sold Price
$425,000
Premium/Discount to List
$25,000
6.25%
Current Estimated Value
$397,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,364
Avg. Annual Appreciation
-1.75%
Original Mortgage
$340,000
Outstanding Balance
$315,954
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$81,682

Purchase Details

Closed on
Dec 11, 2006
Sold by
Rancho San Rafael Iii Llc
Bought by
Zavacky Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,900
Interest Rate
6.25%
Mortgage Type
Unknown
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

Date Buyer Sale Price Title Company
Poland Hayley $425,000 Ticor Title
Zavacky Michael L $235,000 Western Title Incorporated
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poland Hayley $340,000
Previous Owner Zavacky Michael L $187,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2022 03/10/22 Sold $425,000 +6.3% $326 / Sq Ft
02/04/2022 02/04/22 Pending -- -- --
01/18/2022 01/18/22 For Sale $400,000 -- $307 / 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 $1,497 $81,221 $27,440 $53,781
2024 $1,455 $79,580 $24,325 $55,255
2023 $1,455 $76,968 $26,705 $50,263
2022 $1,413 $64,561 $22,260 $42,301
2021 $1,372 $60,188 $18,095 $42,093
2020 $1,288 $60,576 $17,710 $42,866
2019 $1,227 $57,426 $16,485 $40,941
2018 $1,171 $51,922 $11,935 $39,987
2017 $1,124 $50,933 $11,270 $39,663
2016 $1,096 $49,513 $9,555 $39,958
2015 $1,093 $49,048 $8,155 $40,893
2014 $1,062 $37,887 $6,755 $31,132
2013 -- $28,077 $4,795 $23,282
Source: Public Records

Agents Affiliated with this Home

  • Charlene Sandoval

    Seller's Agent in 2022

    Charlene Sandoval

    RE/MAX

    (775) 846-4487

    1 in this area

    74 Total Sales

    Charlene Sandoval
    Section Image
  • Susan Smith

    Buyer's Agent in 2022

    Susan Smith

    Coldwell Banker Select Reno

    (775) 772-4622

    1 in this area

    22 Total Sales

    Susan Smith
    Section Image
See All Agents

Map

Source: Northern Nevada Regional MLS

MLS Number: 220001053

Northern Nevada Regional MLS

APN: 003-801-16

Nevada Washoe County Reno 89503 Panther Valley

550 Preston Burr Ln, Reno, NV

Not Listed for Sale

Townhouses

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