NOT LISTED FOR SALE

616 Gabbs Dr Reno, NV 89506

Estimated Value: $404,365 - $430,000

2 Beds
2 Baths
1,260 Sq Ft
$330/Sq Ft Est. Value

Last Sold October 27, 2021

Last sale price $380,000 $302 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,410/month

56 Days on Market

Highlights

  • Mountain View
  • Great Room
  • Walk-In Closet
  • Separate Formal Living Room
  • Double Pane Windows
  • Refrigerated Cooling System

About This Home

As of October 2021

Why pay the same price for a condo, when you can have your own home with no shared walls, or expensive HOA! Charming Brand New Home located in booming area. Your chance to be the first owner of this modern, delightful cream puff. Open floor plan with upgraded kitchen, granite countertops and has stainless appliances. Floor plan allows for 3rd bedroom! Home is in immaculate condition. Backyard is an open canvas! Great mountain views, easy freeway access, close to UNR, TMCC, Downtown Reno & great shopping.

Last Agent to Sell the Property

Karen Falcocchia

Ferrari-Lund Real Estate Reno License #BS.146224 Listed on: 07/29/2021

Ferrari-Lund Real Estate Reno

Last Buyer's Agent

Meka Reade

Real Broker LLC License #S.174322

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $565

Year Built

  • Built in 2021

Lot Details

  • 4,792 Sq Ft Lot
  • Back Yard Fenced
  • Water-Smart Landscaping
  • Level Lot
  • Front Yard Sprinklers
  • Property is zoned SF11

HOA Fees

  • $27 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

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

Interior Spaces

  • 1,260 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Low Emissivity Windows
  • Great Room
  • Separate Formal Living Room
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Microwave
  • No Kitchen Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Shelves in Laundry Area

Schools

  • Lemmon Valley Elementary School
  • Obrien Middle School
  • North Valleys High School

Utilities

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

Community Details

  • Nevada Flats Homeowners Association
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 56817221

Home Details

Home Type

Single Family

Est. Annual Taxes

$565

Year Built

Built in 2021

Lot Details

0

HOA Fees

$27 per month

Listing Details

  • Year Built: 2021
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Landscaped, Level
  • Lot Size Acres: 0.11
  • Road Frontage Type: Other
  • Has View?: Yes
  • Association Amenities: None
  • Association Fees: 27.0
  • Association Fee Frequency: Monthly
  • Has H O A?: Yes
  • Co List Office Mls Id: 643-o
  • Co List Office Phone: 775-688-4000
  • Directions: Limber Pine Dr
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Living Area: 1260.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Lemmon Valley
  • Tax Legal Middle Or Junior School2: OBrien
  • Tax Legal High School: North Valleys
  • Tax Legal Tax Annual Amount: 564.79
  • Tax Legal Zoning4: SF11
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 27.0
  • Building Stories5: 1
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: No
  • Lot Lot Size Acres2: 0.11
  • Lot Lot Size Square Feet2: 4791.6
  • Lot Horse Y N2: No
  • 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
  • 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
  • Cooling Refrigerated: Yes
  • Appliances Disposal: Yes
  • Fencing Full2: Yes
  • Sprinklers Drip System In Front: Yes
  • View Mountain(s): Yes
  • Appliances Microwave: Yes
  • Water Heater Gas5: Yes
  • Construction Materials Stucco: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: Nevada Flats Homeowners Association
  • Appliances Included As Personal Property Gas Cooktop2: Yes
  • Appliances None2: Yes
  • Green Water Conservation Water- Smart Landscaping: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Disposal, Gas Cooktop, Microwave, None
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Kitchen Island, Walk-In Closet(s)
  • Window Features: Double Pane Windows, Low-Emissivity Windows
  • Interior Living Area4: 1260.0
  • Interior Fireplace Y N: No
  • Flooring Carpet: Yes
  • Interior Features Breakfast Bar: Yes
  • Window Features Double Pane Windows: Yes
  • Dining Room Features Separate Formal Room2: Yes
  • Kitchen Features Breakfast Bar2: Yes
  • Primary Bedroom Features Tub Shower Combination: Yes
  • Laundry Features Laundry Area: Yes
  • Laundry Features Laundry Room: Yes
  • Living Room Features Great Room3: Yes
  • Kitchen Features Disposal2: Yes
  • Laundry Features Shelves: Yes
  • Interior Features Kitchen Island: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Window Features Low- Emissivity Windows: Yes
  • Kitchen Features Built- In Microwave: Yes
  • Kitchen Features Kitchen Island2: Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes
  • Flooring Laminate: Yes
  • Kitchen Features Gas Cooktop3: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Pitched, Shingle
  • Stories: 1
  • View: Mountain(s)
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Has Attached Garage?: No
  • Parking Features: Assigned, None
  • Parking Information Garage Y N: No
  • Parking Information Carport Y N: No
  • Parking Features Assigned: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: Laundry Area, Laundry Room, Shelves
  • Cooling: Central Air, Refrigerated
  • Heating: Forced Air
  • 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
  • Heating Forced Air: Yes
  • Water Source Public: Yes

Schools

  • Middle Or Junior School: OBrien

Lot Info

  • Parcel Number: 56817221
  • Fencing: Back Yard, Full
  • Lot Size Sq Ft: 4791.6
  • Zoning: SF11

Green Features

  • Green Water Conservation: Water-Smart Landscaping

Tax Info

  • Tax Annual Amount: 564.79

MLS Schools

  • Elementary School: Lemmon Valley
  • HighSchool: North Valleys

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Oct 26, 2021
Sold by
Falcocchia Eddie and 2003 Eddie Falcocchia
Bought by
Noack Richard Alexander
Seller's Agent
Karen Falcocchia
Ferrari-Lund Real Estate Reno
Buyer's Agent
Meka Reade
Real Broker LLC
List Price
$389,999
Sold Price
$380,000
Premium/Discount to List
-$9,999
-2.56%
Current Estimated Value
$415,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,341
Avg. Annual Appreciation
2.13%
Original Mortgage
$342,000
Outstanding Balance
$310,515
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$104,826

Purchase Details

Closed on
Mar 2, 2021
Sold by
Jc Nv Flats Llc
Bought by
Falcocchia Eddie and 2003 Eddie Falcocchia Rlt
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
Noack Richard Alexander $380,000 Ticor Title Reno
Falcocchia Eddie $302,529 First Centennial Reno
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Noack Richard Alexander $342,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2021 10/27/21 Sold $380,000 0.0% $302 / Sq Ft
09/23/2021 09/23/21 Pending -- -- --
09/16/2021 09/16/21 Price Changed $379,900 -1.6% $302 / Sq Ft
09/16/2021 09/16/21 Price Changed $385,900 -0.8% $306 / Sq Ft
07/30/2021 07/30/21 Price Changed $389,000 -0.3% $309 / Sq Ft
07/29/2021 07/29/21 For Sale $389,999 -- $310 / 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
2026 $2,545 $94,009 $27,335 $66,674
2024 $3,147 $91,844 $24,535 $67,309
2023 $2,914 $86,869 $23,562 $63,307
2022 $2,698 $73,605 $21,105 $52,500
2021 $2,550 $69,609 $17,710 $51,899
2020 $554 $15,120 $15,120 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 210011113

Northern Nevada Regional MLS

APN: 568-172-21