Seller's Agent in 2015
David Hughes
Dickson Realty
(775) 771-1783
158 Total Sales
847 Marsh Ave Reno, NV 89509
MidTown NeighborhoodEstimated Value: $1,972,102 - $2,576,000
5
Beds
4.5
Baths
4,168
Sq Ft
$548/Sq Ft
Est. Value
Highlights
- In Ground Pool
- RV Access or Parking
- Mountain View
- Jessie Beck Elementary School Rated A-
- 0.49 Acre Lot
- Fireplace in Primary Bedroom
About This Home
As of January 2015One of the most unique and highly sought after homes in all of Reno.This home is on a tree lined street just 5 minutes from the New Reno Midtown District, one block from the Truckee river and walking distance to Downtown festivals and entertainment! You can have it all...beautiful views of both Pevine and Eastern Sierra mountain ranges right from the pool deck and patio. Almost .50 acre of fully landscaped grounds, fiberglass inground saltwater pool with solar heater and hydraulic safety cover., Outdoor entertaining at its best with waterfall and multiple sitting areas to choose from all in resort like settings. Outdoor speakers at both the pool and patio areas, outdoor kitchen/BBQ grill with sink and fridge. A Huge 5 car 1390 SF garage, fully insulated, wired for cable/satellite, drive through door to the rear, attic storage, hot and cold water sink with hose attachment and surround sound with flat screen TV. Over 50 feet of RV parking with 220v hookup. Built in 2006, you can have the best of both worlds, great area and updated family home without the expense of extensive remodeling. This is a smart house with all phone, cable, satellite in one panel, data ports to all rooms. 7.1 channel surround sound in the great room, 2 security camera systems with Iphone & Android remote access with a total of 9 cameras. Double shower heads in the master bath and jetted Jacuzzi tub with flat screen tv. Optima blown in insulation in all the exterior 2X6 walls. 5 bedrooms, 4 1/2 baths plus a Gym/Study with views of the pool and Peavine mountain range. Seller is able to accomodate a long escrow or even a rent back, but not a necessity. APPRAISERS: NO CONCESSIONS.
Last Agent to Sell the Property
Dickson Realty - Caughlin License #S.15142 Listed on: 03/06/2014
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,087
Year Built
- Built in 2006
Lot Details
- 0.49 Acre Lot
- Back Yard Fenced
- Landscaped
- Level Lot
- Front and Back Yard Sprinklers
- Sprinklers on Timer
Parking
- 5 Car Attached Garage
- Garage Door Opener
- RV Access or Parking
Home Design
- Pitched Roof
- Tile Roof
- Stick Built Home
- Stucco
Interior Spaces
- 4,168 Sq Ft Home
- 2-Story Property
- High Ceiling
- Ceiling Fan
- 2 Fireplaces
- Gas Log Fireplace
- Double Pane Windows
- Low Emissivity Windows
- Vinyl Clad Windows
- Drapes & Rods
- Blinds
- Separate Formal Living Room
- Combination Kitchen and Dining Room
- Home Office
- Library
- Mountain Views
- Crawl Space
Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
- Dual Sinks
- Jetted Tub in Primary Bathroom
- Primary Bathroom includes a Walk-In Shower
- Garden Bath
Laundry
- Laundry Room
- Sink Near Laundry
- Laundry Cabinets
Home Security
- Security System Owned
- Fire and Smoke Detector
Outdoor Features
- In Ground Pool
- Patio
- Storage Shed
- Built-In Barbecue
Schools
- Beck Elementary School
- Swope Middle School
- Reno High School
Utilities
- Refrigerated Cooling System
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
- Internet Available
- Phone Available
- Satellite Dish
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Home warranty included in the sale of the property
- Assessor Parcel Number 01124123
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 6, 2014
Closed on
Feb 3, 2015
Sold by
Chen Jeff and Lwin Flora M
Bought by
Chen Lwin Family Trust
Seller's Agent
David Hughes
Dickson Realty - Caughlin
Buyer's Agent
Jojiet Salcedo
RE/MAX Professionals-Reno
List Price
$1,495,000
Sold Price
$1,000,000
Premium/Discount to List
-$495,000
-33.11%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,284,276
Avg. Annual Appreciation
7.81%
Original Mortgage
$800,000
Outstanding Balance
$608,082
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$1,676,194
Purchase Details
Listed on
Mar 6, 2014
Closed on
Jan 9, 2015
Sold by
Lotito Vincent and Lotito Shannon M
Bought by
Chen Jeff and Lwin Flora M
Seller's Agent
David Hughes
Dickson Realty - Caughlin
Buyer's Agent
Jojiet Salcedo
RE/MAX Professionals-Reno
List Price
$1,495,000
Sold Price
$1,000,000
Premium/Discount to List
-$495,000
-33.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$608,082
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$1,676,194
Purchase Details
Closed on
Oct 29, 2009
Sold by
Lotito Vincent and Lotito Shannon M
Bought by
Lotito Vincent and Lotito Shannon M
Purchase Details
Closed on
Sep 9, 2004
Sold by
Means Travis W and Means Regan
Bought by
Lotito Vincent and Lotito Shannon M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.75%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Sep 29, 2003
Sold by
Rose Nancy Ream
Bought by
Means Travis W and Means Regan
Purchase Details
Closed on
Mar 4, 2003
Sold by
Rose Jack B
Bought by
Rose Nancy Ream
Purchase Details
Closed on
Feb 20, 2003
Sold by
Bedrock Construction Inc
Bought by
Rose Nancy Ream
Purchase Details
Closed on
Jul 1, 1999
Sold by
Detrico
Bought by
Bedrock Construction Inc
Purchase Details
Closed on
Feb 19, 1996
Sold by
Mapes Mapes Jr Charles W Jr Charles W and Mapes Walker Gloria
Bought by
Detrico
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chen Lwin Family Trust | -- | None Available | |
| Chen Jeff | $1,000,000 | First Centennial | |
| Lotito Vincent | -- | None Available | |
| Lotito Vincent | $370,000 | Ticor Title Of Nevada Inc | |
| Means Travis W | $526,166 | Stewart Title Northern Nevad | |
| Rose Nancy Ream | $185,500 | Western Title Incorporated | |
| Rose Nancy Ream | $185,500 | Western Title Incorporated | |
| Bedrock Construction Inc | $89,000 | -- | |
| Detrico | $140,000 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chen Jeff | $800,000 | |
| Previous Owner | Lotito Vincent | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/12/2015 01/12/15 | Sold | $1,000,000 | -33.1% | $240 / Sq Ft |
| 12/03/2014 12/03/14 | Pending | -- | -- | -- |
| 03/05/2014 03/05/14 | For Sale | $1,495,000 | -- | $359 / Sq Ft |
Source: Northern Nevada Regional MLS
Tax History Compared to Growth
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 | -- | $420,230 | $103,250 | $316,980 |
| 2024 | $12,873 | $422,278 | $98,000 | $324,278 |
| 2023 | $12,873 | $403,453 | $98,000 | $305,453 |
| 2022 | $12,498 | $341,183 | $87,500 | $253,683 |
| 2021 | $12,315 | $336,109 | $84,000 | $252,109 |
| 2020 | $12,101 | $336,454 | $84,000 | $252,454 |
| 2019 | $11,749 | $322,079 | $74,200 | $247,879 |
| 2018 | $11,410 | $311,397 | $70,000 | $241,397 |
| 2017 | $11,079 | $309,476 | $67,900 | $241,576 |
| 2016 | $10,800 | $308,778 | $63,455 | $245,323 |
| 2015 | $10,688 | $291,543 | $48,825 | $242,718 |
| 2014 | $10,386 | $284,310 | $48,825 | $235,485 |
| 2013 | -- | $287,125 | $55,475 | $231,650 |
Source: Public Records
Agents Affiliated with this Home
-
David Hughes
-
Jojiet Salcedo
Buyer's Agent in 2015
Jojiet Salcedo
RE/MAX
(775) 338-7653
67 Total Sales
Map
Source: Northern Nevada Regional MLS
MLS Number: 140002771
APN: 011-241-23
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