NOT LISTED FOR SALE

8501 Coral Reef Dr Unit 25 Reno, NV 89506

Stead Neighborhood

Estimated Value: $499,000 - $508,762

5 Beds
3 Baths
2,226 Sq Ft
$227/Sq Ft Est. Value

Last Sold September 20, 2016

Last sale price $265,000 $119 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,864/month

43 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Double Pane Windows
  • Bonus Room
  • 3 Car Attached Garage
  • Walk-In Closet

About This Home

As of September 2016

Surrounded by mountain views this lovely home has it all! Entertain guest on the covered patio or enjoy the spacious living room in this 2226 SqFt home. Four over-sized bedrooms plus a bonus room make this 5 bedroom home a catch! Three Full bathrooms and a LARGE Three car garage! The whole house has new flooring throughout as well as a fresh coat of paint inside and out! This home is bright, beautiful and move in ready. Regular sale can close fast!, Buyer and Buyers Agent to verify all information. Licensee and Broker are disposing real property for an entity in which Licensee and Broker have a relationship. Seller will begin to review all FHA offers on 08/30/2016.

Last Agent to Sell the Property

Shondra Briley

Seven Star Realty, Inc. Listed on: 06/23/2016

Co-Listed By

John Townley

Reno/Tahoe Realty Group, LLC License #BS.144902

Last Buyer's Agent

Ernest Neill

RE/MAX Gold License #S.57393

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,586

Year Built

  • Built in 2000

Lot Details

  • 10,019 Sq Ft Lot
  • Back Yard Fenced
  • Landscaped
  • Level Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Property is zoned SF6

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 2,226 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Vinyl Clad Windows
  • Family Room
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Carpet
  • Mountain Views
  • Crawl Space

Kitchen

  • Built-In Oven
  • Electric Oven
  • Electric Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Shelves in Laundry Area

Outdoor Features

  • Patio

Schools

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

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 09040204

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,586

Year Built

Built in 2000

Lot Details

0

Parking

3

Listing Details

  • Year Built: 2000
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Acres: 0.23
  • Road Frontage Type: Other
  • Has View?: Yes
  • Association Amenities: None
  • Has H O A?: No
  • Co List Office Mls Id: 1753-o
  • Co List Office Phone: 775-333-2858
  • Co List Office Mls Id: 1753-o
  • Co List Office Phone: 775-333-2858
  • Directions: Silver Lake/Cypress Shores/Montery Shores/Coral
  • Has Fireplace?: No
  • Living Area: 2226.0
  • 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: 1586.0
  • Tax Legal Zoning4: SF6
  • Association Community Association Y N3: No
  • Building Stories5: 2
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 0.23
  • Lot Lot Size Square Feet2: 10018.8
  • Lot Horse Y N2: No
  • Lot View Y N2: Yes
  • Fencing Back Yard: Yes
  • Lot Features Landscaped: Yes
  • Foundation Details Crawl Space: Yes
  • Lot Features Level: Yes
  • Lot Features Sprinklers In Front: Yes
  • Lot Features Sprinklers In Rear: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Sprinklers Front: Yes
  • Sprinklers Rear: Yes
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Appliances Disposal: Yes
  • Fencing Full2: Yes
  • Outdoor Living Spaces Patio2: Yes
  • View Mountain(s): Yes
  • Water Heater Gas5: Yes
  • Sprinklers Automatic: Yes
  • Other Rooms Bonus Room2: Yes
  • Appliances Electric Range: Yes
  • Appliances Electric Oven: Yes
  • Appliances Included As Personal Property Oven2: Yes
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Oven, Refrigerator
  • Flooring: Carpet
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Interior Amenities: Kitchen Island, Walk-In Closet(s)
  • Window Features: Double Pane Windows, Vinyl Frames
  • Interior Living Area4: 2226.0
  • Interior Fireplace Y N: No
  • Flooring Carpet: Yes
  • Window Features Double Pane Windows: Yes
  • Window Features Vinyl Frames: 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 Walk- In Closet(s)2: Yes
  • Kitchen Features Built- In Single Oven: Yes

Exterior Features

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

Garage/Parking

  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Garage Spaces: 3.0
  • Has Attached Garage?: Yes
  • Parking Features: Attached, Garage Door Opener
  • Total Parking Spaces: 3.0
  • Parking Information Garage Y N: Yes
  • Parking Information Garage Spaces: 3.0
  • Parking Information Carport Y N: No
  • Parking Information Parking Total: 3.0
  • Parking Features Attached: Yes
  • Parking Features Garage Door Opener: Yes

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: Laundry Area, Laundry Room, Shelves
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Heating Y N3: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes

Schools

  • Middle Or Junior School: Cold Springs

Lot Info

  • Parcel Number: 09040204
  • Fencing: Back Yard, Full
  • Lot Size Sq Ft: 10018.8
  • Zoning: SF6

Tax Info

  • Tax Annual Amount: 1586.0

MLS Schools

  • Elementary School: Silver Lake
  • HighSchool: North Valleys

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2016
Closed on
Sep 7, 2016
Sold by
Cavallaro Stephen J
Bought by
Kelly Dennis R and Schmitcke Adam D
Seller's Agent
Shondra Briley
Seven Star Realty, Inc.
Buyer's Agent
Ernest Neill
RE/MAX Gold
List Price
$279,900
Sold Price
$265,000
Premium/Discount to List
-$14,900
-5.32%
Current Estimated Value
$504,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,441
Avg. Annual Appreciation
7.37%
Original Mortgage
$238,500
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 21, 2016
Closed on
Jun 7, 2016
Sold by
Mcdonnell Timothy J and Mcdonnell Janet L
Bought by
Cavallaro Stephen L and The Idaho Wild Donkey Rescue Trust
Seller's Agent
Shondra Briley
Seven Star Realty, Inc.
Buyer's Agent
John Townley
Reno/Tahoe Realty Group, LLC
List Price
$260,000
Sold Price
$233,000
Premium/Discount to List
-$27,000
-10.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.35%

Purchase Details

Closed on
Sep 29, 2011
Sold by
Pinedo Jose A and Leyva Alberto Parral
Bought by
Mcdonnell Timothy J and Mcdonnell Janet L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,391
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 3, 2008
Sold by
Dike Jude T and Dike Uchenna
Bought by
Pinedo Jose A and Leyva Alberto Parral

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,106
Interest Rate
6.04%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 23, 2000
Sold by
Kaufman & Broad Of Reno Inc
Bought by
Dike Jude T and Dike Uchenna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,550
Interest Rate
8.67%
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
Kelly Dennis R $265,000 First Centennial Reno
Cavallaro Stephen L $233,000 First Centennial Title
Mcdonnell Timothy J $125,000 Ticor Title Reno Main
Pinedo Jose A $252,000 Ticor Title Reno
Dike Jude T $161,000 Stewart Title Northern Nevad
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelley Dennis R $225,000
Closed Kelly Dennis R $238,500
Previous Owner Mcdonnell Timothy J $121,391
Previous Owner Leyva Alberto Parral $251,827
Previous Owner Pinedo Jose A $248,106
Previous Owner Dike Jude T $208,000
Previous Owner Dike Jude T $186,000
Previous Owner Dike Jude T $152,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2016 09/20/16 Sold $265,000 -5.3% $119 / Sq Ft
08/05/2016 08/05/16 Pending -- -- --
06/23/2016 06/23/16 For Sale $279,900 +20.1% $126 / Sq Ft
06/08/2016 06/08/16 Sold $233,000 -10.4% $105 / Sq Ft
05/29/2016 05/29/16 Pending -- -- --
05/21/2016 05/21/16 For Sale $260,000 -- $117 / 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 $2,115 $111,883 $33,884 $77,999
2024 $2,115 $109,245 $30,429 $78,816
2023 $2,054 $103,853 $29,180 $74,673
2022 $1,996 $87,768 $25,578 $62,190
2021 $1,940 $81,936 $20,029 $61,907
2020 $1,882 $81,544 $19,404 $62,140
2019 $1,825 $79,147 $19,147 $60,000
2018 $1,682 $69,874 $13,561 $56,313
2017 $1,632 $69,051 $12,642 $56,409
2016 $1,589 $68,827 $11,209 $57,618
2015 $1,586 $66,976 $9,408 $57,568
2014 $1,539 $57,056 $7,534 $49,522
2013 -- $40,742 $5,513 $35,229
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 160009520

Northern Nevada Regional MLS

APN: 090-402-04