NOT LISTED FOR SALE

555 Lancaster Dr Reno, NV 89506

Raleigh Heights Neighborhood

Estimated Value: $382,000 - $402,000

3 Beds
2 Baths
1,107 Sq Ft
$352/Sq Ft Est. Value

Last Sold September 29, 2016

Last sale price $206,000 $186 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $2,072/month

5 Days on Market

Highlights

  • View of Trees or Woods
  • No HOA
  • 2 Car Attached Garage
  • 1 Fireplace
  • Double Oven
  • Double Pane Windows

About This Home

As of September 2016

WONDERFUL STARTER HOME. GREAT LOCATION and EVERYTHING HAS BEEN RE-DONE, NEW KITCHEN COUNTER TOPS AND BACK SPLASH, NEW FLOORS, INTERIOR PAINT. PLAYHOUSE AND STORAGE SHED IN THE BACK. SUNROOM OFF THE LIVING AREA FOR EXTRA LIVING SPACE. DON'T MISS OUT! IT WON'T LAST!

Last Agent to Sell the Property

Wayne Moon

eXp Realty License #S.175325 Listed on: 08/08/2016

Last Buyer's Agent

Chip Greene

BHG Drakulich Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $619

Year Built

  • Built in 1965

Lot Details

  • 7,841 Sq Ft Lot
  • Back Yard Fenced
  • Landscaped
  • Level Lot
  • Property is zoned SF6

Parking

  • 2 Car Attached Garage

Property Views

  • Woods
  • Mountain

Home Design

  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Metal Siding
  • Stick Built Home

Interior Spaces

  • 1,107 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Double Pane Windows
  • Drapes & Rods
  • Blinds
  • Family Room
  • Combination Kitchen and Dining Room
  • Carpet
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry in Garage

Kitchen

  • Double Oven
  • Dishwasher
  • No Kitchen Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Schools

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

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • No Laundry Facilities

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 08234315

Home Details

Home Type

Single Family

Est. Annual Taxes

$619

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1965
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Landscaped, Level
  • Lot Size Acres: 0.18
  • Road Frontage Type: Other
  • Has View?: Yes
  • Security Features: Smoke Detector(s)
  • Association Amenities: None
  • Has H O A?: No
  • Co List Office Mls Id: 1673-o
  • Co List Office Phone: 888-788-5494
  • Directions: YORKSHIRE
  • Has Fireplace?: Yes
  • Living Area: 1107.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Smith
  • Tax Legal Middle Or Junior School2: OBrien
  • Tax Legal High School: North Valleys
  • Tax Legal Tax Annual Amount: 618.51
  • Tax Legal Zoning4: SF6
  • Association Community Association Y N3: No
  • Building Stories5: 1
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 0.18
  • Lot Lot Size Square Feet2: 7840.8
  • Lot Horse Y N2: No
  • Lot View Y N2: Yes
  • Fencing Back Yard: Yes
  • Lot Features Landscaped: Yes
  • Foundation Details Crawl Space: Yes
  • Lot Features Level: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Appliances Disposal: Yes
  • Security Features Smoke Detector(s): Yes
  • View Mountain(s): Yes
  • Water Heater Gas5: Yes
  • View Trees Woods: Yes
  • Appliances Double Oven: Yes
  • Appliances None2: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, None
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Window Features: Blinds, Double Pane Windows, Drapes, Single Pane Windows
  • Interior Living Area4: 1107.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Window Features Double Pane Windows: Yes
  • Window Features Blinds: Yes
  • Window Features Drapes: Yes
  • Living Room Features Family Room Combination: Yes
  • Primary Bedroom Features Tub Shower Combination: Yes
  • Interior Fireplaces Total2: 1.0
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Dining Room Features Kitchen Combination: Yes
  • Laundry Features None15: Yes
  • Kitchen Features Built- In Double Oven: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Pitched, Shingle
  • Stories: 1
  • View: Mountain(s), Trees/Woods
  • Construction Type: Metal Siding
  • Foundation Details: Crawl Space
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes
  • Construction Materials Metal Siding: Yes

Garage/Parking

  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Garage Spaces: 2.0
  • Has Attached Garage?: Yes
  • Parking Features: Attached
  • 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
  • Parking Features Attached: Yes
  • Laundry Features In Garage: Yes

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: In Garage, None
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Heating Y N3: Yes
  • Utilities Electricity Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes

Schools

  • Middle Or Junior School: OBrien

Lot Info

  • Parcel Number: 08234315
  • Fencing: Back Yard
  • Lot Size Sq Ft: 7840.8
  • Zoning: SF6

Tax Info

  • Tax Annual Amount: 618.51

MLS Schools

  • Elementary School: Smith
  • HighSchool: North Valleys

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2016
Closed on
Sep 27, 2016
Sold by
J Wilcox Llc
Bought by
Gumabo Leo O and Gumabo Annabelle M
Seller's Agent
Wayne Moon
eXp Realty
Buyer's Agent
Chip Greene
BHG Drakulich Realty
List Price
$204,900
Sold Price
$206,000
Premium/Discount to List
$1,100
0.54%
Current Estimated Value
$389,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,274
Avg. Annual Appreciation
7.07%
Original Mortgage
$202,268
Outstanding Balance
$164,222
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$225,052

Purchase Details

Closed on
Dec 13, 2004
Sold by
Griffith James C and Griffith Mindy M
Bought by
Griffith James C and Griffith Mindy M

Purchase Details

Closed on
Aug 22, 2003
Sold by
Faigin Aaron L and Faigin Valerie A
Bought by
Griffith James C and Kloehn Mindy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,724
Interest Rate
5.6%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 8, 1996
Sold by
Oconnor Richard A and Oconnor Brenda M
Bought by
Faigin Aaron L and Faigin Valerie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,059
Interest Rate
8.37%
Mortgage Type
FHA
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
Gumabo Leo O $206,000 Ticor Title Reno
Griffith James C -- Pacific Corporate & Title Se
Griffith James C $146,000 Western Title Incorporated
Faigin Aaron L $115,000 Founders Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gumabo Leo O $202,268
Previous Owner Griffith James C $143,724
Previous Owner Faigin Aaron L $114,059
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2016 09/29/16 Sold $206,000 +0.5% $186 / Sq Ft
08/13/2016 08/13/16 Pending -- -- --
08/08/2016 08/08/16 For Sale $204,900 +41.3% $185 / Sq Ft
03/31/2016 03/31/16 Sold $145,000 0.0% $131 / Sq Ft View Prior Sale
03/17/2016 03/17/16 Pending -- -- --
03/17/2016 03/17/16 For Sale $145,000 -- $131 / 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
2026 $680 $51,434 $32,970 $18,464
2024 $885 $48,153 $30,030 $18,123
2023 $902 $47,306 $30,590 $16,716
2022 $835 $39,113 $25,480 $13,633
2021 $774 $30,155 $16,870 $13,285
2020 $727 $30,331 $17,290 $13,041
2019 $693 $28,140 $15,645 $12,495
2018 $661 $23,679 $11,690 $11,989
2017 $635 $21,225 $9,415 $11,810
2016 $619 $19,172 $7,385 $11,787
2015 $617 $17,349 $6,125 $11,224
2014 $599 $16,984 $5,705 $11,279
2013 -- $15,798 $4,165 $11,633
Source: Public Records

Agents Affiliated with this Home

  • Gary Cotton

    Seller's Agent in 2016

    Gary Cotton

    Coldwell Banker Select Reno

    (775) 830-0556

    1 in this area

    27 Total Sales

    Gary Cotton
    Section Image

  • W

    Seller's Agent in 2016

    Wayne Moon

    eXp Realty

  • Steve O'Brien

    Buyer's Agent in 2016

    Steve O'Brien

    RE/MAX

    (775) 233-4403

    449 Total Sales

    Steve O'Brien
    Section Image

  • C

    Buyer's Agent in 2016

    Chip Greene

    BHG Drakulich Realty

See All Agents

Map

Source: Northern Nevada Regional MLS

MLS Number: 160011954

Northern Nevada Regional MLS

APN: 082-343-15

Nevada Washoe County Reno 89506 Raleigh Heights

555 Lancaster Dr, Reno, NV

Not Listed for Sale

Detached

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