NOT LISTED FOR SALE

Estimated Value: $2,321,000 - $2,697,000

1.09 Acres
$2,311,861 Price per Acre
47,480 Sq Ft Lot

Last Sold February 09, 2024

Last sale price $350,000

Est. 620% increase in value since last sale

Current estimated payment $14,568/month

416 Days on Market

Highlights

  • City View
  • 1.09 Acre Lot
  • Open Lot
  • Ted Hunsburger Elementary School Rated A-
  • Cul-De-Sac
  • Lot Sloped Up

About This Lot

As of February 2024

Lot located In the "Reserve" In the Prestigious ArrowCreek Gated & Controlled, this 1+ acre lot features spectacular views. Property surveyed, & owner has preliminary plans for modern 3,762 SF 4 bedroom SFR. Sierra, foothill and downtown views in one lot package! Street above Masters. Possible Owner Carry for Right Buyer., The Club at ArrowCreek has "funtastic" amenities for residents additional membership opportunities available - ArrowCreek Golf, if desired sold separately. Get ahead of the curve with this 1+ acre lot, with completed set of plans, if desired. Vacant Land Disclosure and Survey (lot lines and corner/boundaries on attached Docs. All information deemed accurate and reliable, Buyer to conduct own Due Diligence. Majority of plan development and work paid by Seller (2022), local, well respected architect developed plans. Seller may use 10-31 Exchange of property at no cost to the Buyer. Security will not allow potential buyers to drive by without an agent. Call listing agent to see it, if your agent isn’t available. This lot has exceptional views of downtown Reno and peek Mt. Rose views as well as those foothills that attract homeowners to ArrowCreek.

Last Agent to Sell the Property

Kathy Wilson

Coldwell Banker Select Mt Rose License #BS.144889 Listed on: 11/19/2022

Last Buyer's Agent

Kathy Wilson

Coldwell Banker Select Reno License #BS.144889

Coldwell Banker Select Reno

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,109

Lot Details

  • 1.09 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Open Lot
  • Corners Of The Lot Have Been Marked
  • Lot Sloped Up
  • Property is zoned HDR

HOA Fees

  • $276 Monthly HOA Fees

Property Views

  • City
  • Mountain
  • Desert
  • Valley

Schools

  • Hunsberger Elementary School
  • Marce Herz Middle School
  • Galena High School

Utilities

  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 152622209

Community Details

Overview

  • $300 HOA Transfer Fee
  • Associa Sierra North Association, Phone Number (775) 626-7333
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Common Area

Property Details

Property Type

Land

Est. Annual Taxes

$1,109

Lot Details

1.09 Acres

HOA Fees

$276 per month

Listing Details

  • Property Type: Land
  • Horses: No
  • Lot Features: Cul-De-Sac, Gentle Sloping, Open Lot, Sloped Up, Corners Marked, Curbs, Storm Drains
  • Lot Size Acres: 1.09
  • Road Frontage Type: Private Road, Other
  • Road Surface Type: Paved
  • Has View?: Yes
  • Association Fees: 276.0
  • Association Fee Frequency: Monthly
  • Has H O A?: Yes
  • Co List Office Mls Id: 806-o
  • Co List Office Phone: 775-849-8500
  • Directions: ArrowCreek Parkway/High Vista Parkway
  • Tax Legal Zoning4: HDR
  • Lot Features Cul- De- Sac: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Water Rights Water Rights Y N: No
  • View Mountain(s): Yes
  • Lot Features Sloped Up: Yes
  • Lot Features Gentle Sloping: Yes
  • Lot Features Open Lot: Yes
  • View Desert: Yes
  • View Valley: Yes
  • Road Frontage Type Private Road: Yes
  • Association Details Management Company Name5: Associa Sierra North
  • Tax Legal Elementary School2: Hunsberger
  • Tax Legal High School2: Galena
  • Tax Legal Tax Annual Amount3: 1109.36
  • Lot Features Adjoins Common Area: Yes
  • Association Details Management Company Phone5: 775-626-7333
  • Tax Legal Middleor Junior School3: Marce Herz
  • Association Community Association Y N: Yes
  • Lot Lot Size Acres: 1.09
  • Lot View Y N4: Yes
  • Lot Horse Y N4: No
  • Lot Features Corners Marked: Yes
  • Land Details Crops Included Y N: No
  • Land Details Deed Restrictions: No
  • Land Details Utility Easement Y N: Yes
  • Association Details Association Transfer Fee: 300.0
  • Lot Features Storm Drains: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: City, Desert, Mountain(s), Valley

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available, Underground Utilities
  • Water Source: Public
  • Sewer: Public Sewer
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Water Source Public: Yes
  • Utilities Underground Utilities: Yes

Schools

  • Middle Or Junior School: Marce Herz

Lot Info

  • Parcel Number: 152622209
  • Fencing: None
  • Lot Size Sq Ft: 47480.4
  • Crops Included: No
  • Zoning: HDR

Tax Info

  • Tax Annual Amount: 1109.36

MLS Schools

  • Elementary School: Hunsberger
  • HighSchool: Galena

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2022
Closed on
Feb 6, 2024
Sold by
Rendon Jose De Jesus Garcia and Rendon Bertha A
Bought by
Daoust James and Daoust Joan H
Seller's Agent
Kathy Wilson
Coldwell Banker Select Mt Rose
Buyer's Agent
Kathy Wilson
Coldwell Banker Select Reno
List Price
$599,900
Sold Price
$350,000
Premium/Discount to List
-$249,900
-41.66%
Views
324
Current Estimated Value
$2,519,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,169,928
Avg. Annual Appreciation
153.74%
Original Mortgage
$280,000
Outstanding Balance
$187,870
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$2,332,058

Purchase Details

Listed on
Aug 13, 2020
Closed on
Feb 16, 2021
Sold by
Olson James H and Olson Sherry L
Bought by
Rendon Jose De Jesus Garcia and Gastelum Bertha A
Seller's Agent
David Morris
Chase International-Damonte
Buyer's Agent
Kathy Wilson
Coldwell Banker Select Reno
List Price
$279,000
Sold Price
$235,000
Premium/Discount to List
-$44,000
-15.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.30%

Purchase Details

Closed on
Dec 29, 2004
Sold by
Olson James H
Bought by
Olson James H and Olson Sherry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,550
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 6, 2004
Sold by
S & E Family Lp
Bought by
Olson James H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,550
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 11, 2002
Sold by
Southwest Pointe Associates Llc
Bought by
E & E Hotta Family Ltd Partnership
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
Daoust James $350,000 First American Title
Rendon Jose De Jesus Garcia $235,000 First Centennial Reno
Olson James H -- First Centennial Title Co
Olson James H -- First Centennial Title Co
Olson James H $289,000 First Centennial Title Co
E & E Hotta Family Ltd Partnership $168,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daoust James $280,000
Previous Owner Olson James H $274,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/09/2024 02/09/24 Sold $350,000 -2.8% --
01/08/2024 01/08/24 Pending -- -- --
09/10/2023 09/10/23 Price Changed $359,900 -8.9% --
08/26/2023 08/26/23 Price Changed $395,000 -1.3% --
07/12/2023 07/12/23 Price Changed $400,000 -9.1% --
04/20/2023 04/20/23 Price Changed $440,000 -2.2% --
02/06/2023 02/06/23 Price Changed $450,000 -9.1% --
01/02/2023 01/02/23 Price Changed $495,000 -10.0% --
11/29/2022 11/29/22 Price Changed $549,900 -8.3% --
11/18/2022 11/18/22 For Sale $599,900 +155.3% --
02/18/2021 02/18/21 Sold $235,000 -6.0% -- View Prior Sale
01/29/2021 01/29/21 Pending -- -- --
10/16/2020 10/16/20 Price Changed $250,000 -10.4% --
08/12/2020 08/12/20 For Sale $279,000 -- --
Source: Northern Nevada Regional MLS

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 $12,440 $598,687 $133,000 $465,687
2025 $1,293 $122,029 $120,750 $1,279
2024 $1,293 $116,824 $115,500 $1,324
2023 $1,198 $106,190 $105,000 $1,190
2022 $1,109 $90,260 $89,250 $1,010
2021 $1,027 $60,511 $59,500 $1,011
2020 $964 $57,033 $56,000 $1,033
2019 $918 $53,511 $52,500 $1,011
2018 $876 $50,004 $49,000 $1,004
2017 $841 $46,513 $45,500 $1,013
2016 $820 $39,508 $38,500 $1,008
2015 $818 $32,528 $31,500 $1,028
2014 $790 $30,671 $29,750 $921
2013 -- $23,651 $22,750 $901
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 220016421

Northern Nevada Regional MLS

APN: 152-622-09

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