NOT LISTED FOR SALE

7940 Key Largo Dr Reno, NV 89506

Stead Neighborhood

Estimated Value: $448,000 - $457,765

3 Beds
2.5 Baths
1,723 Sq Ft
$262/Sq Ft Est. Value

Last Sold July 15, 2013

Last sale price $165,000 $96 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $2,687/month

62 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Double Pane Windows
  • Loft
  • 2 Car Attached Garage
  • Walk-In Closet

About This Home

As of July 2013

See the potential and add your personal touches to this 3 bedroom, 2 bath suburban two-story situated in an established, quiet neighborhood. For just $150,000, you can live in comfort and convenience. Enjoy the spacious living room and open kitchen. You will love the roomy, fenced yard. Perfect find for the first-time homebuyer or would make a great investment property., Carpets to be professionally cleaned after Sellers move out and before close of escrow. Property is being sold in its current condition "as is". Seller will make no repairs. Home available for showings on Wednesday, 5/29, Friday 5/31, Saturday 6/1, and Sunday 6/2 from 9 am to 6 pm.

Last Agent to Sell the Property

Craig Boltman

RE/MAX Gold License #BS.2244 Listed on: 03/30/2013

RE/MAX Gold

Last Buyer's Agent

Dave Newman

RE/MAX Professionals-Reno License #S.168847

RE/MAX Professionals-Reno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,400

Year Built

  • Built in 2005

Lot Details

  • 8,712 Sq Ft Lot
  • Back Yard Fenced
  • Lot Sloped Down
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Property is zoned SF6

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stick Built Home

Interior Spaces

  • 1,723 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Family Room
  • Combination Kitchen and Dining Room
  • Loft
  • Mountain Views
  • Crawl Space

Kitchen

  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Shelves in Laundry Area

Schools

  • Silver Lake Elementary School
  • Cold Springs Middle School
  • North Valleys 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

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 56005221

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,400

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Year Built: 2005
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Sloped Down, Sprinklers In Front
  • Lot Size Acres: 0.2
  • Road Frontage Type: Other
  • Has View?: Yes
  • Association Amenities: None
  • Has H O A?: No
  • Co List Office Mls Id: 1514-o
  • Co List Office Phone: 775-787-3629
  • Directions: Mariner Cove
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Living Area: 1723.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Silver Lake
  • Tax Legal Middle Or Junior School2: Cold Springs
  • Tax Legal High School: North Valleys
  • Tax Legal Tax Annual Amount: 1399.74
  • Tax Legal Zoning4: SF6
  • Association Community Association Y N3: No
  • Building Stories5: 2
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: No
  • Lot Lot Size Acres2: 0.2
  • Lot Lot Size Square Feet2: 8712.0
  • Lot Horse Y N2: No
  • Lot View Y N2: Yes
  • Fencing Back Yard: Yes
  • Lot Features Sloped Down: Yes
  • Cooling Central Air: Yes
  • Foundation Details Crawl Space: Yes
  • Lot Features Sprinklers In Front: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • 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
  • Sprinklers Drip System In Front: Yes
  • View Mountain(s): Yes
  • Foundation Details Full Perimeter: Yes
  • Water Heater Gas5: Yes
  • Sprinklers Automatic: Yes
  • Other Rooms Loft3: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Washer
  • Flooring: Carpet, Tile, Vinyl
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Ceiling Fan(s), Kitchen Island, Pantry, Walk-In Closet(s)
  • Window Features: Blinds, Double Pane Windows
  • Interior Bathrooms Half: 1
  • Interior Living Area4: 1723.0
  • Interior Fireplace Y N: No
  • Flooring Carpet: Yes
  • Window Features Double Pane Windows: Yes
  • Window Features Blinds: Yes
  • Living Room Features Family Room Combination: Yes
  • Primary Bedroom Features Double Sinks: Yes
  • Primary Bedroom Features Shower Stall: Yes
  • Laundry Features Laundry Area: Yes
  • Laundry Features Laundry Room: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Dining Room Features Kitchen Combination: Yes
  • Primary Bedroom Features Garden Tub: Yes
  • Laundry Features Shelves: Yes
  • Interior Features Kitchen Island: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Kitchen Features Kitchen Island2: Yes
  • Primary Bedroom Features Ceiling Fan(s)7: Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes
  • Interior Features Ceiling Fan(s)2: Yes
  • Living Room Features Ceiling Fan(s)3: Yes
  • Flooring Tile: Yes
  • Flooring Vinyl: Yes
  • Family Room Features Ceiling Fan(s)5: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Pitched, Shingle
  • Stories: 2
  • View: Mountain(s)
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space, Full Perimeter
  • Construction Materials Wood Siding: Yes
  • 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
  • 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

Utilities

  • Utilities: Cable Available, Electricity Available, Internet 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, 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 Internet Available: Yes
  • Heating Forced Air: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes

Schools

  • Middle Or Junior School: Cold Springs

Lot Info

  • Parcel Number: 56005221
  • Fencing: Back Yard
  • Lot Size Sq Ft: 8712.0
  • Zoning: SF6

Tax Info

  • Tax Annual Amount: 1399.74

MLS Schools

  • Elementary School: Silver Lake
  • HighSchool: North Valleys

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2014
Sold by
Phillips Steven R and Kirkley Brenda Kay
Bought by
Phillips Steven R and Phillips Brenda Kay
Current Estimated Value
$450,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,384
Outstanding Balance
$129,587
Interest Rate
4.12%
Mortgage Type
VA
Estimated Equity
$321,104

Purchase Details

Listed on
Mar 30, 2013
Closed on
Jul 15, 2013
Sold by
Frallicciardi Alicia Erin and Frallicciardi Jeffrey David
Bought by
Phillips Steven R
Seller's Agent
Craig Boltman
RE/MAX Gold
Buyer's Agent
Dave Newman
RE/MAX Professionals-Reno
List Price
$150,000
Sold Price
$165,000
Premium/Discount to List
$15,000
10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.57%
Original Mortgage
$168,547
Interest Rate
3.79%
Mortgage Type
VA

Purchase Details

Closed on
Jun 11, 2009
Sold by
The Nevada Affordable Trust #013109
Bought by
Frallicciardi Alicia Erin and Frallicciardi Jeffrey David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,337
Interest Rate
4.76%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 31, 2009
Sold by
Nationstar Mortgage Llc
Bought by
The Nevada Affordable Housing Trust #013

Purchase Details

Closed on
Aug 8, 2008
Sold by
Pineda Maynor R and Pineda Mayda A
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Mar 24, 2005
Sold by
Centex Homes
Bought by
Pineda Maynor R and Pineda Mayda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,625
Interest Rate
6.65%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Phillips Steven R -- Netco
Phillips Steven R $165,000 Ticor Title Reno
Frallicciardi Alicia Erin $147,000 Western Title Inc Ridge
The Nevada Affordable Housing Trust #013 $102,500 Ticor Title Reno
Nationstar Mortgage Llc $170,000 Accommodation
Pineda Maynor R $225,500 Commerce Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Steven R $170,384
Closed Phillips Steven R $168,547
Previous Owner Frallicciardi Alicia Erin $144,337
Previous Owner Pineda Maynor R $202,625
Previous Owner Pineda Maynor R $11,256
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2013 07/15/13 Sold $165,000 +10.0% $96 / Sq Ft
05/31/2013 05/31/13 Pending -- -- --
03/30/2013 03/30/13 For Sale $150,000 -- $87 / 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 $3,561 $99,021 $32,270 $66,751
2024 $3,561 $96,144 $28,980 $67,164
2023 $2,069 $91,344 $27,790 $63,554
2022 $1,916 $77,190 $24,360 $52,830
2021 $1,777 $71,547 $19,075 $52,472
2020 $1,669 $70,967 $18,480 $52,487
2019 $1,590 $68,861 $18,235 $50,626
2018 $1,476 $61,278 $12,915 $48,363
2017 $1,417 $60,389 $12,040 $48,349
2016 $1,381 $60,012 $10,675 $49,337
2015 $1,380 $58,149 $8,960 $49,189
2014 $1,336 $49,413 $7,175 $42,238
2013 -- $35,311 $5,250 $30,061
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 130006053

Northern Nevada Regional MLS

APN: 560-052-21