NOT LISTED FOR SALE

8090 Musgrove Creek Dr Washoe Valley, NV 89704

Franktown Neighborhood

Estimated Value: $2,289,000 - $4,393,076

46.84 Acres
$65,180 Price per Acre
2,040,350 Sq Ft Lot

Last Sold May 27, 2016

Last sale price $500,000

Est. 511% increase in value since last sale

Current estimated payment $17,913/month

319 Days on Market

Highlights

  • City View
  • 46.84 Acre Lot
  • Lake, Pond or Stream
  • Marce Herz Middle School Rated A-
  • Property is near a forest
  • Wooded Lot

About This Lot

As of May 2016

Once in a lifetime opportunity to obtain your own private gateway to thousands of acres of National Forest. You won't find another home site like this in all of the Northern Sierra Nevada's! Paved roads lead to a hidden cul-de-sac, where you'll have access to your own 46+ acres of wooded land & babbling creeks. A completely isolated and remote setting, yet only minutes from city life. The privacy & seclusion is maximized by adjoining National Forest., Multiple year round streams provide peaceful tones as they meander through the natural hills and soaring pines. Views are tremendous and offer an array of scenery, including mountain peaks, Washoe Lake, Big Canyon and of course the National Forest. Call today for your own personal tour of Northern Nevada's best kept secret. You will never want to leave!

Last Agent to Sell the Property

Jim Elliott

RE/MAX Professionals-Reno License #S.59872 Listed on: 06/15/2015

RE/MAX Professionals-Reno

Last Buyer's Agent

Bob Fredlund

Coldwell Banker Select RE CC License #S.33860

Coldwell Banker Select RE CC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,087

Lot Details

  • 46.84 Acre Lot
  • Property fronts a private road
  • Wooded Lot
  • Property is zoned GR

Property Views

  • City
  • Woods
  • Mountain
  • Meadow
  • Valley

Location

  • Property is near a forest
  • Property is near a creek

Schools

  • Pleasant Valley Elementary School
  • Depoali Middle School
  • Damonte High School

Utilities

  • No Utilities
  • Electricity Not Available
  • Well Required
  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number 05543005

Community Details

Overview

  • No Home Owners Association
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Lake, Pond or Stream

Property Details

Property Type

Land

Est. Annual Taxes

$2,087

Lot Details

0

Listing Details

  • Property Type: Land
  • Horses: No
  • Lot Features: Wooded
  • Lot Size Acres: 46.84
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Has View?: Yes
  • Has H O A?: No
  • Co List Office Mls Id: 1934-o
  • Co List Office Phone: 775-345-3070
  • Directions: Franktown - Big Canyon - Aspen Ceek - Musgrove
  • Tax Legal Zoning4: GR
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Water Rights Water Rights Y N: No
  • View Mountain(s): Yes
  • View Valley: Yes
  • View Trees Woods: Yes
  • Lot Features Adjoins Forest: Yes
  • Lot Features Wooded: Yes
  • Road Frontage Type Private Road: Yes
  • Water Body Type Creek: Yes
  • View Meadow2: Yes
  • Water Body View Yes2: Yes
  • Tax Legal Elementary School2: Pleasant Valley
  • Tax Legal High School2: Damonte
  • Tax Legal Tax Annual Amount3: 2086.7
  • Tax Legal Middleor Junior School3: Depoali
  • Association Community Association Y N: No
  • Lot Lot Size Acres: 46.84
  • Lot View Y N4: Yes
  • Lot Horse Y N4: No
  • Land Details Crops Included Y N: No
  • Land Details Deed Restrictions: Unknown
  • Land Details Road Easement Y N: Yes
  • Land Details Utility Easement Y N: Yes
  • Sewer None26: Yes
  • Surface Water Details Stream(s): Yes
  • Development Status Raw Land: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: City, Meadow, Mountain(s), Trees/Woods, Valley

Utilities

  • Utilities: Electricity Not Available, Sewer Not Available, None
  • Water Source: Well Needed
  • Sewer: None
  • Utilities Sewer Not Available: Yes
  • Utilities None27: Yes
  • Water Source Well Needed: Yes
  • Utilities Electricity Not Available: Yes

Schools

  • Middle Or Junior School: Depoali

Lot Info

  • Parcel Number: 05543005
  • Fencing: None
  • Development Status: Raw Land
  • Lot Size Sq Ft: 2040350.4
  • Crops Included: No
  • Zoning: GR

Tax Info

  • Tax Annual Amount: 2086.7

MLS Schools

  • Elementary School: Pleasant Valley
  • HighSchool: Damonte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2015
Closed on
May 18, 2016
Sold by
Canyon Creek Ranch Llc
Bought by
Musgrove Creek Llc
Seller's Agent
Jim Elliott
RE/MAX Professionals-Reno
Buyer's Agent
Bob Fredlund
Coldwell Banker Select RE CC
List Price
$999,000
Sold Price
$500,000
Premium/Discount to List
-$499,000
-49.95%
Current Estimated Value
$3,053,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,553,025
Avg. Annual Appreciation
21.43%

Purchase Details

Closed on
Nov 30, 2005
Sold by
Kirstine Jerry W and Kirstine Julie A
Bought by
Canyon Creek Ranch Llc

Purchase Details

Closed on
Sep 8, 2005
Sold by
Zolotow Stephen
Bought by
Kirstine Jerry and Kirstine Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Musgrove Creek Llc $500,000 First Centennial Reno
Canyon Creek Ranch Llc -- First Centennial Title Co
Kirstine Jerry $750,000 First Centennial Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kirstine Jerry $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2016 05/27/16 Sold $500,000 -49.9% --
04/29/2016 04/29/16 Pending -- -- --
06/15/2015 06/15/15 For Sale $999,000 -- --
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 $21,477 $996,041 $183,750 $812,291
2024 $21,477 $986,209 $166,250 $819,959
2023 $20,852 $926,637 $157,500 $769,137
2022 $20,244 $779,494 $122,500 $656,994
2021 $19,751 $610,329 $86,625 $523,704
2020 $14,127 $449,664 $86,625 $363,039
2019 $4,906 $165,869 $86,625 $79,244
2018 $2,273 $98,435 $97,125 $1,310
2017 $2,141 $105,000 $105,000 $0
2016 $2,087 $64,400 $64,400 $0
2015 $2,087 $64,400 $64,400 $0
2014 $2,087 $64,400 $64,400 $0
2013 -- $69,300 $69,300 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Elliott

    Seller's Agent in 2016

    Jim Elliott

    RE/MAX

    (775) 527-3476

    115 Total Sales

    Jim Elliott
    Section Image
  • Bob Fredlund

    Buyer's Agent in 2016

    Bob Fredlund

    Coldwell Banker Select RE CC

    (775) 720-8501

    1 in this area

    97 Total Sales

    Bob Fredlund
    Section Image
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Map

Source: Northern Nevada Regional MLS

MLS Number: 150008191

Northern Nevada Regional MLS

APN: 055-430-05

Nevada Washoe County Washoe Valley 89704 Franktown

8090 Musgrove Creek Dr, Washoe Valley, NV

This home is located at 8090 Musgrove Creek Dr, Washoe Valley, NV 89704 since 15 June 2015 and is currently estimated at $3,053,025. 8090 Musgrove Creek Dr is a home located in Washoe County with nearby schools including Pleasant Valley Elementary School, Marce Herz Middle School, and Galena High School.

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