NOT LISTED FOR SALE

587 Iris Rainbow Dr Unit Lot 62 Reno, NV 89506

Stead Neighborhood

Estimated Value: $438,000 - $465,000

4 Beds
2.5 Baths
1,678 Sq Ft
$272/Sq Ft Est. Value

Last Sold January 30, 2024

Last sale price $439,990 $262 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,715/month

Highlights

  • Great Room
  • Double Pane Windows
  • Cooling Available
  • 2 Car Attached Garage
  • Walk-In Closet
  • Patio

About This Home

As of January 2024

NEW listing at our almost closed out community, Mahogany! This move in ready home with stunning interiors and low maintenance landscaping is loaded with value. Close to retail shopping and the north valleys regional park, hiking trails and outdoor recreation. Packed with smart home technology that will simplify your life. Don't miss out! Ask about our builder financing incentives! Come see Mahogany's final opportunities before it's too late!, Property taxes have yet to be assessed and shall be determined after closing by the local assessing entity. Photos are representational only.

Last Agent to Sell the Property

Cheryl Vogt

D.R. Horton License #S.175975 Listed on: 12/06/2023

D.R. Horton

Last Buyer's Agent

Neetha Gorla

Haute Properties NV License #S.189585

Haute Properties NV

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $851

Year Built

  • Built in 2023

Lot Details

  • 4,008 Sq Ft Lot
  • Back Yard Fenced
  • Landscaped
  • Level Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Property is zoned SF-11

HOA Fees

  • $94 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Common or Shared Parking
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Blown-In Insulation
  • Batts Insulation
  • Pitched Roof
  • Stick Built Home
  • Stucco

Interior Spaces

  • 1,678 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Great Room
  • Laundry Room

Kitchen

  • Built-In Oven
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Primary Bathroom includes a Walk-In Shower

Home Security

  • Smart Thermostat
  • Fire and Smoke Detector

Schools

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

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater
  • Internet Available
  • Centralized Data Panel
  • Phone Available
  • Cable TV Available

Additional Features

  • ENERGY STAR Qualified Equipment for Heating
  • Patio

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 55447404

Community Details

Overview

  • Association fees include snow removal
  • $250 HOA Transfer Fee
  • The Managment Trust Nevada Association, Phone Number (775) 284-4788
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Snow Removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$851

Year Built

Built in 2023

Lot Details

4,008 Sq Ft Lot

HOA Fees

$94 per month

Parking

2

Listing Details

  • Year Built: 2023
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Landscaped, Level, Sloped Up, Sprinklers In Front
  • Lot Size Acres: 0.09
  • Road Frontage Type: Other
  • Security Features: Keyless Entry, Smoke Detector(s)
  • Association Amenities: Maintenance Grounds, Parking
  • Association Fees: 94.0
  • Association Fee Frequency: Monthly
  • Association Fee Inclusions: Snow Removal
  • Has H O A?: Yes
  • Co List Office Mls Id: 1929-o
  • Co List Office Phone: 775-856-8456
  • Directions: Sky Visita to Trading Post
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Living Area: 1678.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Stead
  • Tax Legal Middle Or Junior School2: OBrien
  • Tax Legal High School: North Valleys
  • Tax Legal Tax Annual Amount: 851.3
  • Tax Legal Zoning4: SF-11
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 94.0
  • Building Stories5: 2
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 0.092
  • Lot Lot Size Square Feet2: 4007.52
  • Lot Horse Y N2: No
  • Association Details Transfer Fee: 250.0
  • Fencing Back Yard: Yes
  • Lot Features Landscaped: Yes
  • Foundation Details Slab: Yes
  • Lot Features Level: Yes
  • Lot Features Sprinklers In Front: 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
  • Appliances Disposal: Yes
  • Outdoor Living Spaces Patio2: Yes
  • Security Features Smoke Detector(s): Yes
  • Sprinklers Drip System In Front: Yes
  • Appliances Microwave: Yes
  • Association Amenities Maintenance Grounds: Yes
  • Association Fee Includes Snow Removal2: Yes
  • Lot Features Sloped Up: Yes
  • Water Heater Gas5: Yes
  • Construction Materials Stucco: Yes
  • Sprinklers Automatic: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: The Managment Trust - Nevada
  • Appliances Gas Range: Yes
  • Association Details Management Company Phone5: 775-284-4788
  • Water Heater Tankless: Yes
  • Appliances Included As Personal Property Gas Oven2: Yes
  • Appliances Included As Personal Property Oven2: Yes
  • Cooling E N E R G Y S T A R Qualified Equipment: Yes
  • Water Heater E N E R G Y S T A R Qualified: Yes
  • Construction Materials Batts Insulation: Yes
  • Insulation Details Batts Insulation2: Yes
  • Insulation Details Blown- In Insulation2: Yes
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Oven
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Pantry, Smart Thermostat, Walk-In Closet(s)
  • Window Features: Double Pane Windows, Low-Emissivity Windows, Vinyl Frames
  • Interior Bathrooms Half: 1
  • Interior Living Area4: 1678.0
  • Interior Fireplace Y N: No
  • Flooring Carpet: Yes
  • Window Features Double Pane Windows: Yes
  • Window Features Vinyl Frames: Yes
  • Primary Bedroom Features Double Sinks: Yes
  • Primary Bedroom Features Shower Stall: Yes
  • Laundry Features Laundry Area: Yes
  • Laundry Features Laundry Room: Yes
  • Living Room Features Great Room3: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Window Features Low- Emissivity Windows: Yes
  • Kitchen Features Built- In Microwave: Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes
  • Flooring Laminate: Yes
  • Dining Room Features Great Room4: Yes
  • Family Room Features Great Room5: Yes
  • Kitchen Features Built- In Single Oven: Yes
  • Interior Features Smart Thermostat: Yes
  • Kitchen Features E N E R G Y S T A R Qualified Appliances2: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Pitched
  • Stories: 2
  • Construction Type: Batts Insulation, Stucco
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Roof Pitched: Yes

Garage/Parking

  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Garage Spaces: 2.0
  • Has Attached Garage?: Yes
  • Parking Features: Attached, Garage Door Opener
  • 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
  • Parking Features Garage Door Opener: Yes
  • Association Amenities Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cellular Coverage, Centralized Data Panel, Water Meter Installed
  • Water Source: Public
  • Laundry Features: Laundry Area, Laundry Room
  • Cooling: ENERGY STAR Qualified Equipment
  • Heating: ENERGY STAR Qualified Equipment, 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 Water Meter Installed: Yes
  • Utilities Internet Available: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes
  • Utilities Centralized Data Panel: Yes
  • Heating E N E R G Y S T A R Qualified Equipment2: Yes

Schools

  • Middle Or Junior School: OBrien

Lot Info

  • Parcel Number: 55447404
  • Fencing: Back Yard
  • Lot Size Sq Ft: 4007.52
  • Zoning: SF-11

Tax Info

  • Tax Annual Amount: 851.3

MLS Schools

  • Elementary School: Stead
  • HighSchool: North Valleys

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2023
Closed on
Jan 30, 2024
Sold by
D R Horton Inc
Bought by
Pagidi Arvind
Seller's Agent
Cheryl Vogt
D.R. Horton
Buyer's Agent
Neetha Gorla
Haute Properties NV
List Price
$439,990
Sold Price
$439,990
Current Estimated Value
$455,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,932
Avg. Annual Appreciation
1.75%
Original Mortgage
$417,991
Outstanding Balance
$409,897
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$46,025
Source: Public Records
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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
Pagidi Arvind $440,000 Dhi Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pagidi Arvind $417,991
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2024 01/30/24 Sold $439,990 0.0% $262 / Sq Ft
12/05/2023 12/05/23 Pending -- -- --
12/05/2023 12/05/23 For Sale $439,990 -- $262 / Sq Ft
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 $3,263 $118,608 $28,945 $89,663
2024 $4,150 $118,234 $27,860 $90,374
2023 $2,975 $28,630 $28,630 $0
2022 -- $23,205 $23,205 --
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Cheryl Vogt

    D.R. Horton

    (702) 340-0106

    34 in this area

    83 Total Sales

    Cheryl Vogt
    Section Image
  • Neetha Gorla

    Buyer's Agent in 2024

    Neetha Gorla

    Haute Properties NV

    (775) 225-9754

    9 in this area

    92 Total Sales

    Neetha Gorla
    Section Image

  • S

    Buyer's Agent in 2024

    Sreeneetha Gorla

    eXp Realty

See All Agents

Map

Source: Northern Nevada Regional MLS

MLS Number: 240000989

Northern Nevada Regional MLS

APN: 554-474-04

Nevada Washoe County Reno 89506 Stead

587 Iris Rainbow Dr Unit Lot 62, Reno, NV

Not Listed for Sale

Detached

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