NOT LISTED FOR SALE

5998 Promontory Dr Reno, NV 89523

Northgate Neighborhood

Estimated Value: $485,649

3 Beds
2.5 Baths
1,577 Sq Ft
$308/Sq Ft Est. Value

Last Sold November 18, 2015

Last sale price $240,000 $152 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $3,010/month

126 Days on Market

Highlights

  • Mountain View
  • Corner Lot
  • Double Pane Windows
  • Separate Formal Living Room
  • 2 Car Attached Garage
  • Tandem Parking

About This Home

As of November 2015

Desirable Northwest Corner Location Across from McQueen @ Highland Place. Ideal for Investment Rental Property. 3 Bedrooms, 2.5 Baths, 2 Car Tandem Garage Window Blinds, Washer, Dryer, Refrigerator Included (without warranty). Has A/C and Seller Offers 1 Year Fidelity Home Warranty. Excellent location for schools, parks, shopping, freeway access work or Tahoe. Seller allowance of $2000 for carpet. Vacant but Tenant Items in garage to pick up this week.

Last Agent to Sell the Property

Perry Urton

Hometown Realty Inc License #B.0043240 Listed on: 06/17/2015

Last Buyer's Agent

Kevin Reid

Capurro & Reid Real Estate,LLC License #B.16236

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,838

Year Built

  • Built in 2007

Lot Details

  • 2,178 Sq Ft Lot
  • Back Yard Fenced
  • Landscaped
  • Corner Lot
  • Level Lot
  • Front Yard Sprinklers
  • Property is zoned MF14

HOA Fees

  • $66 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Tandem Parking
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Stick Built Home
  • Stucco

Interior Spaces

  • 1,577 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Vinyl Clad Windows
  • Blinds
  • Separate Formal Living Room
  • Combination Kitchen and Dining Room
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Primary Bathroom includes a Walk-In Shower
  • Garden Bath

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Winnemucca Elementary School
  • Billinghurst Middle School
  • Mc Queen High School

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • $200 HOA Transfer Fee
  • Highland Place/Equus Association, Phone Number (775) 852-2224
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 20456103

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,838

Year Built

Built in 2007

Lot Details

0

HOA Fees

$132 per month

Parking

2

Listing Details

  • Year Built: 2007
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Corner Lot, Landscaped, Level, Sprinklers In Front
  • Lot Size Acres: 0.05
  • Road Frontage Type: Other
  • Has View?: Yes
  • Association Amenities: Maintenance Grounds
  • Association Fees: 66.0
  • Association Fee Frequency: Monthly
  • Has H O A?: Yes
  • Co List Office Mls Id: 627501099-o
  • Co List Office Phone: 775-230-4959
  • Directions: Robb
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Living Area: 1577.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Winnemucca, Sarah
  • Tax Legal Middle Or Junior School2: Billinghurst
  • Tax Legal High School: Mc Queen
  • Tax Legal Tax Annual Amount: 1838.0
  • Tax Legal Zoning4: MF14
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 66.0
  • Building Stories5: 2
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 0.05
  • Lot Lot Size Square Feet2: 2178.0
  • Lot Horse Y N2: No
  • Association Details Transfer Fee: 200.0
  • Lot View Y N2: Yes
  • Fencing Back Yard: Yes
  • Lot Features Landscaped: Yes
  • Cooling Central Air: 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
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Cooling Refrigerated: Yes
  • Appliances Disposal: Yes
  • Appliances Dryer: Yes
  • Appliances Washer: Yes
  • Outdoor Living Spaces Patio2: Yes
  • View Mountain(s): Yes
  • Appliances Microwave: Yes
  • Association Amenities Maintenance Grounds: Yes
  • Water Heater Gas5: Yes
  • Construction Materials Stucco: Yes
  • Lot Features Corner Lot: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: Highland Place/Equus
  • Association Details Management Company Phone5: 775-852-2224
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Washer
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Walk-In Closet(s)
  • Window Features: Blinds, Double Pane Windows, Vinyl Frames
  • Interior Bathrooms Half: 1
  • Interior Living Area4: 1577.0
  • Interior Fireplace Y N: No
  • Flooring Carpet: Yes
  • Interior Features Breakfast Bar: Yes
  • Window Features Double Pane Windows: Yes
  • Window Features Vinyl Frames: Yes
  • Family Room Features Separate Formal Room3: Yes
  • Kitchen Features Breakfast Bar2: Yes
  • Window Features Blinds: Yes
  • Laundry Features In Hall: Yes
  • Primary Bedroom Features Double Sinks: Yes
  • Primary Bedroom Features Shower Stall: Yes
  • Flooring Ceramic Tile: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Dining Room Features Kitchen Combination: Yes
  • Primary Bedroom Features Garden Tub: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Kitchen Features Built- In Microwave: Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Pitched, Shingle
  • Stories: 2
  • View: Mountain(s)
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Water Meter Installed
  • Water Source: Public
  • Laundry Features: In Hall
  • Cooling: Central Air, Refrigerated
  • Heating: Forced Air, 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 Forced Air: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes

Schools

  • Middle Or Junior School: Billinghurst

Lot Info

  • Parcel Number: 20456103
  • Fencing: Back Yard
  • Lot Size Sq Ft: 2178.0
  • Zoning: MF14

Tax Info

  • Tax Annual Amount: 1838.0

MLS Schools

  • Elementary School: Winnemucca, Sarah
  • HighSchool: Mc Queen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2015
Closed on
Nov 17, 2015
Sold by
Teese Tyler
Bought by
Gulla Gregory and Cooper Carolyn
Seller's Agent
Perry Urton
Hometown Realty Inc
Buyer's Agent
Kevin Reid
Capurro & Reid Real Estate,LLC
List Price
$255,000
Sold Price
$240,000
Premium/Discount to List
-$15,000
-5.88%
Current Estimated Value
$485,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,649
Avg. Annual Appreciation
7.43%
Original Mortgage
$192,000
Outstanding Balance
$153,094
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$329,518

Purchase Details

Closed on
Aug 23, 2011
Sold by
Teese Tyler J and Kaunismaki Milla
Bought by
Teese Tyler J

Purchase Details

Closed on
May 10, 2010
Sold by
Kastle Investments Highland Place Llc
Bought by
Teese Tyler J and Kaunismaki Milla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,550
Interest Rate
4.82%
Mortgage Type
VA

Purchase Details

Closed on
Feb 18, 2010
Sold by
Highland Place Llc
Bought by
Branch Banking & Trust Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
4.97%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 17, 2010
Sold by
Branch Banking & Trust Company
Bought by
Kastle Investments Highland Place Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
4.97%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 28, 2009
Sold by
Western Title Company Llc
Bought by
Colonial Bank

Purchase Details

Closed on
Jan 20, 2009
Sold by
Highland Place Llc
Bought by
Mka Real Estate Qualified Fund 1 Llc
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
Gulla Gregory $240,000 Ticor Title Reno Main
Teese Tyler J -- None Available
Teese Tyler J $170,000 Western Title Company
Branch Banking & Trust Company $100,000 Western Title Inc Ridge
Kastle Investments Highland Place Llc $1,050,000 Western Title Inc Ridge
Colonial Bank $1,300,000 Western Title Inc Ridge
Mka Real Estate Qualified Fund 1 Llc $100,000 Lsi Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gulla Gregory $192,000
Previous Owner Teese Tyler J $173,550
Previous Owner Branch Banking & Trust Company $750,000
Previous Owner Kastle Investments Highland Place Llc $750,000
Previous Owner Highland Place Llc $5,824,200
Previous Owner Highland Place Llc $634,182
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2015 11/18/15 Sold $240,000 -5.9% $152 / Sq Ft
10/21/2015 10/21/15 Pending -- -- --
06/17/2015 06/17/15 For Sale $255,000 -- $162 / 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
2025 $2,784 $92,711 $27,043 $65,668
2024 $2,784 $91,623 $25,645 $65,978
2023 $1,787 $89,689 $27,430 $62,260
2022 $2,389 $74,046 $22,313 $51,734
2021 $2,215 $70,548 $19,189 $51,359
2020 $2,148 $70,545 $19,189 $51,356
2019 $2,094 $66,934 $17,374 $49,560
2018 $2,028 $61,985 $13,608 $48,377
2017 $1,948 $62,713 $14,364 $48,349
2016 $1,901 $60,862 $11,571 $49,291
2015 $1,895 $59,106 $9,975 $49,131
2014 $1,838 $56,675 $9,742 $46,933
2013 -- $48,540 $7,448 $41,092
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2015

    Perry Urton

    Hometown Realty Inc

    Section Image
  • Kevin Reid

    Buyer's Agent in 2015

    Kevin Reid

    Capurro & Reid Real Estate,LLC

    (775) 722-0121

    1 in this area

    37 Total Sales

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Map

Source: Northern Nevada Regional MLS

MLS Number: 150008250

Northern Nevada Regional MLS

APN: 204-561-03

Nevada Washoe County Reno 89523 Northgate

5998 Promontory Dr, Reno, NV

This home is located at 5998 Promontory Dr, Reno, NV 89523 since 17 June 2015 and is currently priced at $485,649, approximately $307 per square foot. This property was built in 2007. 5998 Promontory Dr is a home located in Washoe County with nearby schools including Sarah Winnemucca Elementary School, B D Billinghurst Middle School, and Robert McQueen High School.

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