NOT LISTED FOR SALE

5981 Mormon Tea Way Reno, NV 89511

Arrowcreek Neighborhood

Estimated Value: $265,136 - $703,000

0.97 Acre
$432,252 Price per Acre
42,253 Sq Ft Lot

Last Sold June 30, 2016

Last sale price $130,000

Est. 223% increase in value since last sale

Current estimated payment $2,621/month

407 Days on Market

About This Lot

As of June 2016

With inventory low, why scramble looking for a home when you can build the home of your dreams on this spectacular lot?! Stunning Arrowcreek gated community offers walking trails, pool, tennis courts, breathtaking mountain, city and valley views. Water, gas, and electricity on site. Must see to appreciate.

Last Agent to Sell the Property

David Morris

Chase International-Damonte License #BS.4908 Listed on: 04/22/2015

Chase International-Damonte

Last Buyer's Agent

Scott Shandrew

Chase International-Damonte License #S.58319

Chase International-Damonte

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $755

Lot Details

  • 0.97 Acre Lot
  • Property fronts a private road
  • Lot Sloped Up
  • Rough Grade
  • Property is zoned Gr

HOA Fees

  • $233 Monthly HOA Fees

Property Views

  • Golf Course
  • City
  • Mountain

Schools

  • Hunsberger Elementary School
  • Pine Middle School
  • Galena High School

Utilities

  • Underground Utilities
  • Phone Available

Community Details

  • Arrowcreek Association
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 15291202

Property Details

Property Type

Land

Est. Annual Taxes

$755

Lot Details

0

HOA Fees

$233 per month

Listing Details

  • Property Type: Land
  • Horses: No
  • Lot Features: Sloped Up, Curbs, Storm Drains
  • Lot Size Acres: 0.97
  • Road Frontage Type: Private Road, Other
  • Road Surface Type: Paved
  • Has View?: Yes
  • Association Fees: 233.0
  • Association Fee Frequency: Monthly
  • Has H O A?: Yes
  • Co List Office Mls Id: 1471-o
  • Co List Office Phone: 775-850-5900
  • Directions: Arrowcreek - Winding Ridge
  • Tax Legal Zoning4: Gr
  • 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
  • View Golf Course2: Yes
  • Road Frontage Type Private Road: Yes
  • Association Details Management Company Name5: Arrowcreek
  • Tax Legal Elementary School2: Hunsberger
  • Tax Legal High School2: Galena
  • Tax Legal Tax Annual Amount3: 755.0
  • Tax Legal Middleor Junior School3: Pine
  • Association Community Association Y N: Yes
  • Lot Lot Size Acres: 0.97
  • Lot View Y N4: Yes
  • Lot Horse Y N4: No
  • Land Details Crops Included Y N: No
  • Land Details Deed Restrictions: No
  • Land Details Easements Y N: No
  • Development Status Rough Grade: Yes
  • Lot Features Storm Drains: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: City, Golf Course, Mountain(s)

Utilities

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

Schools

  • Middle Or Junior School: Pine

Lot Info

  • Parcel Number: 15291202
  • Fencing: None
  • Development Status: Rough Grade
  • Lot Size Sq Ft: 42253.2
  • Crops Included: No
  • Zoning: Gr

Tax Info

  • Tax Annual Amount: 755.0

MLS Schools

  • Elementary School: Hunsberger
  • HighSchool: Galena

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2015
Closed on
Jun 27, 2016
Sold by
Jaszewski Paul John and Jaszewski Naomi Sue
Bought by
Butterfly Ranch Llc
Seller's Agent
David Morris
Chase International-Damonte
Buyer's Agent
Scott Shandrew
Chase International-Damonte
List Price
$189,000
Sold Price
$130,000
Premium/Discount to List
-$59,000
-31.22%
Current Estimated Value
$419,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,284
Avg. Annual Appreciation
13.61%

Purchase Details

Closed on
Feb 2, 2006
Sold by
Jaszewski Paul J and Jaszewski Naomi
Bought by
Jaszewski Paul John and Jaszewski Naomi Sue

Purchase Details

Closed on
Jul 22, 2005
Sold by
Southwest Pointe Associates Llc
Bought by
Jaszewski Paul J and Jaszewski Naomi
Source: Public Records

Range of Values:

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Average Value
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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
Butterfly Ranch Llc $130,000 Capital Title Co Of Ne
Jaszewski Paul John -- None Available
Jaszewski Paul J $388,000 Stewart Title Of Northern Nv
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2016 06/30/16 Sold $130,000 -31.2% --
06/02/2016 06/02/16 Pending -- -- --
04/22/2015 04/22/15 For Sale $189,000 -- --
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 $1,293 $92,016 $90,738 $1,279
2024 $1,293 $87,599 $86,275 $1,324
2023 $1,198 $80,028 $78,838 $1,190
2022 $1,109 $67,947 $66,938 $1,010
2021 $1,027 $45,636 $44,625 $1,011
2020 $964 $44,171 $43,138 $1,033
2019 $918 $41,961 $40,950 $1,011
2018 $876 $40,379 $39,375 $1,004
2017 $841 $37,238 $36,225 $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

  • David Morris

    Seller's Agent in 2016

    David Morris

    Chase International-Damonte

    (775) 828-3292

    8 in this area

    64 Total Sales

    David Morris
    Section Image
  • Scott Shandrew

    Buyer's Agent in 2016

    Scott Shandrew

    Chase International-Damonte

    (775) 830-1333

    1 in this area

    37 Total Sales

    Scott Shandrew
    Section Image
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Map

Source: Northern Nevada Regional MLS

MLS Number: 150005006

Northern Nevada Regional MLS

APN: 152-912-02

Nevada Washoe County Reno 89511 Arrowcreek

5981 Mormon Tea Way, Reno, NV

This home is located at 5981 Mormon Tea Way, Reno, NV 89511 since 22 April 2015 and is currently estimated at $419,284. 5981 Mormon Tea Way is a home located in Washoe County with nearby schools including Ted Hunsburger Elementary School, Marce Herz Middle School, and Galena High School.

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