NOT LISTED FOR SALE

5855 Melarkey Way Reno, NV 89511

Summit Sierra Neighborhood

Estimated Value: $1,579,000 - $1,753,000

3 Beds
3 Baths
2,745 Sq Ft
$598/Sq Ft Est. Value

About This Home

This home is located at 5855 Melarkey Way, Reno, NV 89511 and is currently estimated at $1,642,041, approximately $598 per square foot. 5855 Melarkey Way is a home with nearby schools including Ted Hunsburger Elementary School, Marce Herz Middle School, and Galena High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2021
Sold by
Rust Jennifer Anne
Bought by
Rust Jennifer A and The Jennifer A Rust Revocable
Current Estimated Value
$1,642,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,000
Outstanding Balance
$600,356
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$1,069,344

Purchase Details

Closed on
Jan 17, 2019
Sold by
Rust Jennifer A
Bought by
Rust Jennifer A and Jennifer A Rust Revocable Trust

Purchase Details

Closed on
Oct 15, 2018
Sold by
Rust Jennifer A
Bought by
Rust Jennifer A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$651,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2017
Sold by
Rust Jennifer A
Bought by
Rust Jennifer A and Jennifer A Rust Revocable Trust

Purchase Details

Closed on
Apr 24, 2017
Sold by
Donnell William R O and Donnell Mary B O
Bought by
Rust Jennifer
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Rust Jennifer A -- Stewart Title Company
Rust Jennifer Anne -- Stewart Title Company
Rust Jennifer A -- None Available
Rust Jennifer A -- Toiyable Title
Rust Jennifer A -- None Available
Rust Jennifer $235,000 First Centennial Reno
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jennifer A Rust Revocable Trus $150,000
Open Rust Jennifer Anne $656,000
Closed Rust Jennifer A $651,000
Source: Public Records

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 $6,931 $330,265 $108,500 $221,765
2024 $6,931 $323,970 $101,500 $222,470
2023 $6,730 $301,341 $92,750 $208,591
2022 $6,358 $247,187 $78,750 $168,437
2021 $6,173 $231,121 $64,680 $166,441
2020 $5,958 $224,335 $58,800 $165,535
2019 $609 $56,000 $56,000 $0
2018 $581 $56,000 $56,000 $0
2017 $558 $49,000 $49,000 $0
2016 $544 $38,500 $38,500 $0
Source: Public Records

Map

Nevada Washoe County Reno 89511 Summit Sierra

5855 Melarkey Way, Reno, NV

This home is located at 5855 Melarkey Way, Reno, NV 89511 and is currently estimated at $1,642,041, approximately $598 per square foot. 5855 Melarkey Way is a home with nearby schools including Ted Hunsburger Elementary School, Marce Herz Middle School, and Galena High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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