NOT LISTED FOR SALE

861 Nutmeg Place Unit 16 Reno, NV 89502

Smithridge Neighborhood

Estimated Value: $176,000 - $271,000

2 Beds
1.5 Baths
856 Sq Ft
$212/mo HOA Fee

Last Sold July 15, 2015

Last sale price $57,790 $68 Per Sq Ft

Est. 269% increase in value since last sale

Current estimated payment $1,406/month

20 Days on Market

Highlights

  • In Ground Pool
  • Cooling Available
  • Ceramic Tile Flooring
  • Damonte Ranch High School Rated A-
  • Laundry Room
  • Landscaped

About This Home

As of July 2015

Fantastic rental property fully rented on a one year lease! All the hard work has been done; just bring your offer to own a cash-flowing property in a high demand neighborhood. There is no lock box or sign on property.

Last Agent to Sell the Property

Aaron Warburton

RE/MAX Professionals-Reno License #S.172958 Listed on: 06/05/2015

RE/MAX Professionals-Reno

Last Buyer's Agent

Jalon Woodard

eXp Realty, LLC License #S.174946

eXp Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $276

Year Built

  • Built in 1979

Lot Details

  • Back Yard Fenced
  • Landscaped

HOA Fees

  • $212 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 856 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Combination Kitchen and Dining Room

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Laundry in Hall

Parking

  • 1 Parking Space
  • 1 Carport Space

Schools

  • Smithridge Elementary School
  • Pine Middle School
  • Galena High School

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Additional Features

  • In Ground Pool
  • Ground Level

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 02037274

Community Details

Overview

  • $300 HOA Transfer Fee
  • Kenyon & Associated Association
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Common Area

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$276

Year Built

Built in 1979

Lot Details

0

HOA Fees

$212 per month

Listing Details

  • Year Built: 1979
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Horses: No
  • Lot Features: Common Area, Landscaped, Level
  • Road Frontage Type: Other
  • Association Amenities: Pool
  • Association Fees: 212.0
  • Association Fee Frequency: Monthly
  • Has H O A?: Yes
  • Co List Office Mls Id: 1934-o
  • Co List Office Phone: 775-345-3070
  • Directions: Peckham
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Living Area: 856.0
  • Property Attached Yn: Yes
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Smithridge
  • Tax Legal Middle Or Junior School2: Pine
  • Tax Legal High School: Galena
  • Tax Legal Tax Annual Amount: 276.46
  • Tax Legal Zoning4: MUCC
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 212.0
  • Building Stories5: 2
  • Building Property Attached Y N: Yes
  • Building Home Warranty Y N: Yes
  • Lot Horse Y N2: No
  • Association Details Transfer Fee: 300.0
  • Fencing Back Yard: Yes
  • Lot Features Landscaped: Yes
  • Cooling Electric: Yes
  • Foundation Details Slab: Yes
  • Lot Features Level: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Typeof Construction Site Stick- Built: Yes
  • Water Heater Electric5: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Appliances Disposal: Yes
  • Lot Features Common Area3: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: Kenyon & Associated
  • Association Details Management Company Phone5: 674-8000
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Window Features: Single Pane Windows
  • Interior Bathrooms Half: 1
  • Interior Living Area4: 856.0
  • Interior Fireplace Y N: No
  • Flooring Carpet: Yes
  • Unit Level Ground Floor: Yes
  • Laundry Features In Hall: Yes
  • Living Room Features Family Room Combination: Yes
  • Flooring Ceramic Tile: Yes
  • Laundry Features Laundry Area: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Dining Room Features Kitchen Combination: Yes

Exterior Features

  • Roof: Composition, Pitched, Shingle
  • Stories: 2
  • Pool Features: In Ground
  • Construction Type: Wood Siding
  • Foundation Details: Slab
  • Construction Materials Wood Siding: Yes
  • Association Amenities Pool: Yes
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes
  • Pool Features In Ground: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Carport Spaces: 1.0
  • Has Carport?: Yes
  • Has Attached Garage?: No
  • Parking Features: Carport, None
  • Total Parking Spaces: 1.0
  • Parking Information Garage Y N: No
  • Parking Information Carport Y N: Yes
  • Parking Information Carport Spaces2: 1.0
  • Parking Information Parking Total: 1.0
  • Parking Features Carport: Yes

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: In Hall, Laundry Area
  • Cooling: Electric
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Cooling Y N3: Yes
  • Utilities Heating Y N3: Yes
  • Utilities Electricity Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Water Source Public: Yes
  • Heating Electric4: Yes

Schools

  • Middle Or Junior School: Pine

Lot Info

  • Parcel Number: 02037274
  • Fencing: Back Yard
  • Zoning: MUCC

Tax Info

  • Tax Annual Amount: 276.46

MLS Schools

  • Elementary School: Smithridge
  • HighSchool: Galena

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2015
Closed on
Jul 7, 2015
Sold by
Gardner James
Bought by
K2 Investments Llc
Seller's Agent
Aaron Warburton
RE/MAX Professionals-Reno
Buyer's Agent
Jalon Woodard
eXp Realty, LLC
List Price
$64,900
Sold Price
$57,790
Premium/Discount to List
-$7,110
-10.96%
Current Estimated Value
$213,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,718
Avg. Annual Appreciation
13.83%

Purchase Details

Listed on
Sep 30, 2014
Closed on
Oct 23, 2014
Sold by
Diaz Cisneros Mario
Bought by
Gardner James
Seller's Agent
Gumer Alvarez
Coldwell Banker Select Reno
Buyer's Agent
Aaron Warburton
RE/MAX Professionals-Reno
List Price
$48,000
Sold Price
$48,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.88%

Purchase Details

Listed on
Sep 30, 2014
Closed on
Oct 20, 2014
Sold by
Gardner Lisa Dianne Stockwell
Bought by
Gardner James
Seller's Agent
Gumer Alvarez
Coldwell Banker Select Reno
Buyer's Agent
Aaron Warburton
RE/MAX Professionals-Reno
List Price
$48,000
Sold Price
$48,000

Purchase Details

Closed on
Aug 23, 1999
Sold by
Walker Kelly James
Bought by
Martin Stephanie N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,888
Interest Rate
8.09%
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
K2 Investments Llc $58,000 Capital Title Co Of Nevada
Gardner James $48,000 Capital Title Co
Gardner James -- Capital Title Co
Martin Stephanie N $50,500 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin Stephanie N $74,200
Previous Owner Martin Stephanie N $48,888
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2015 07/15/15 Sold $57,790 -11.0% $68 / Sq Ft
06/25/2015 06/25/15 Pending -- -- --
06/05/2015 06/05/15 For Sale $64,900 +35.2% $76 / Sq Ft
10/28/2014 10/28/14 Sold $48,000 0.0% $56 / Sq Ft
10/02/2014 10/02/14 Pending -- -- --
09/30/2014 09/30/14 For Sale $48,000 +6.7% $56 / Sq Ft
02/06/2014 02/06/14 Sold $45,000 0.0% $53 / Sq Ft
01/20/2014 01/20/14 Pending -- -- --
01/16/2014 01/16/14 For Sale $45,000 -- $53 / 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 $365 $30,624 $17,500 $13,124
2024 $365 $29,322 $15,435 $13,887
2023 $356 $27,736 $15,190 $12,546
2022 $345 $22,323 $11,270 $11,053
2021 $330 $20,504 $9,310 $11,194
2020 $318 $20,627 $9,135 $11,492
2019 $309 $19,004 $7,665 $11,339
2018 $300 $15,360 $4,095 $11,265
2017 $293 $15,133 $3,780 $11,353
2016 $286 $14,272 $2,695 $11,577
2015 $73 $13,722 $2,415 $11,307
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 150007582

Northern Nevada Regional MLS

APN: 020-484-19