NOT LISTED FOR SALE

8760 Paloma Way Reno, NV 89506

Estimated Value: $399,000 - $432,679

3 Beds
2 Baths
1,056 Sq Ft
$394/Sq Ft Est. Value

Last Sold February 22, 2023

Last sale price $405,000 $384 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,323/month

76 Days on Market

Highlights

  • RV Access or Parking
  • Separate Formal Living Room
  • Double Oven
  • Mountain View
  • No HOA
  • 1 Car Attached Garage

About This Home

As of February 2023

Welcome home to this cozy home in the Lemmon Valley area! This home is close to shopping, restaurants, and easy access to the freeway. Newly updated and upgraded for a turnkey move. This home features 3 bedrooms, 2 baths, with bright natural light throughout. Enjoy a quiet street, beautiful view from the front window, and a large backyard for entertaining! $10,000 SELLER Credit to BUYER for recurring and non-recurring closing costs!, This home has many features including, new exterior and interior paint, laminate flooring throughout, new cement siding, new tankless hot water heater, new A/C, updated kitchen with stainless steel appliances, along with a vast amount of storage. This home is truly is move in ready, so don't wait!

Last Agent to Sell the Property

Larissa Blanco

LPT Realty, LLC License #S.193730 Listed on: 10/25/2022

LPT Realty, LLC

Co-Listed By

Jonathan Poole

Real Broker LLC License #S.188973

Last Buyer's Agent

Alex Landeck

RE/MAX Professionals-Reno License #S.190355

RE/MAX Professionals-Reno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $467

Year Built

  • Built in 1972

Lot Details

  • 0.34 Acre Lot
  • Back and Front Yard Fenced
  • Landscaped
  • Level Lot
  • Front and Back Yard Sprinklers
  • Property is zoned MDS

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • RV Access or Parking

Property Views

  • Mountain
  • Valley

Home Design

  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Stick Built Home

Interior Spaces

  • 1,056 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Vinyl Clad Windows
  • Blinds
  • Separate Formal Living Room
  • Combination Kitchen and Dining Room
  • Laminate Flooring
  • Crawl Space
  • Smart Thermostat

Kitchen

  • Double Oven
  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Cabinets

Schools

  • Lemmon Valley Elementary School
  • Obrien Middle School
  • North Valleys High School

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 55224117

Home Details

Home Type

Single Family

Est. Annual Taxes

$467

Year Built

Built in 1972

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1972
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Acres: 0.34
  • Road Frontage Type: Other
  • Has View?: Yes
  • Association Amenities: None
  • Has H O A?: No
  • Co List Office Mls Id: 2310-o
  • Co List Office Phone: 775-683-3360
  • Co List Office Mls Id: 2713-o
  • Co List Office Phone: 775-544-1328
  • Directions: Lemmon Drive/ Bernoulli St/ Aquifer Way/ Reservoir
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Living Area: 1056.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Lemmon Valley
  • Tax Legal Middle Or Junior School2: OBrien
  • Tax Legal High School: North Valleys
  • Tax Legal Tax Annual Amount: 466.85
  • Tax Legal Zoning4: MDS
  • Association Community Association Y N3: No
  • Building Stories5: 1
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 0.34
  • Lot Lot Size Square Feet2: 14810.4
  • Lot Horse Y N2: No
  • Lot View Y N2: Yes
  • Fencing Back Yard: Yes
  • Lot Features Landscaped: Yes
  • Cooling Central Air: 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
  • Cooling Refrigerated: Yes
  • Appliances Disposal: Yes
  • Appliances Dryer: Yes
  • Appliances Washer: Yes
  • View Mountain(s): Yes
  • Fencing Partial2: Yes
  • Fencing Front Yard: Yes
  • View Valley: Yes
  • Appliances Gas Range: Yes
  • Water Heater Tankless: Yes
  • Appliances Double Oven: Yes
  • Appliances Included As Personal Property Gas Oven2: Yes
  • Appliances Included As Personal Property Gas Cooktop2: Yes
  • Construction Materials Fiber Cement: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Gas Cooktop, Gas Range, Refrigerator, Washer
  • Flooring: Laminate
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Smart Thermostat
  • Window Features: Blinds, Double Pane Windows, Vinyl Frames
  • Interior Living Area4: 1056.0
  • Interior Fireplace Y N: No
  • Window Features Double Pane Windows: Yes
  • Window Features Vinyl Frames: Yes
  • Living Room Features Separate Formal Room: Yes
  • Window Features Blinds: Yes
  • Primary Bedroom Features Shower Stall: Yes
  • Laundry Features Cabinets2: 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
  • Flooring Laminate: Yes
  • Interior Features Smart Thermostat: Yes
  • Kitchen Features Built- In Double Oven: Yes
  • Kitchen Features Gas Cooktop3: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Pitched, Shingle
  • Stories: 1
  • View: Mountain(s), Valley
  • Construction Type: Fiber Cement
  • Foundation Details: Crawl Space
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes

Garage/Parking

  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Garage Spaces: 1.0
  • Has Attached Garage?: Yes
  • Parking Features: Attached, Garage Door Opener, RV Access/Parking
  • Total Parking Spaces: 1.0
  • Parking Information Garage Y N: Yes
  • Parking Information Garage Spaces: 1.0
  • Parking Information Carport Y N: No
  • Parking Information Parking Total: 1.0
  • Parking Features Attached: Yes
  • Parking Features R V Access Parking: Yes
  • Parking Features Garage Door Opener: Yes

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: Cabinets, Laundry Area, Laundry Room
  • 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 Electricity Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Heating Forced Air: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes

Schools

  • Middle Or Junior School: OBrien

Lot Info

  • Parcel Number: 55224117
  • Fencing: Back Yard, Front Yard, Partial
  • Lot Size Sq Ft: 14810.4
  • Zoning: MDS

Tax Info

  • Tax Annual Amount: 466.85

MLS Schools

  • Elementary School: Lemmon Valley
  • HighSchool: North Valleys

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2022
Closed on
Jan 18, 2023
Sold by
Stofa Dustin
Bought by
Summers Michael T
Seller's Agent
Larissa Blanco
LPT Realty, LLC
Buyer's Agent
Alex Landeck
RE/MAX Professionals-Reno
List Price
$425,000
Sold Price
$405,000
Premium/Discount to List
-$20,000
-4.71%
Views
83
Current Estimated Value
$415,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,920
Avg. Annual Appreciation
1.18%
Original Mortgage
$283,500
Outstanding Balance
$274,915
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$142,243

Purchase Details

Listed on
May 12, 2017
Closed on
Aug 17, 2017
Sold by
Black Rock Real Estate Llc
Bought by
Stofa Dustin
Seller's Agent
Joshua Fink
RE/MAX Professionals-Reno
Buyer's Agent
Melissa Cruz
Allison James Estates & Homes
List Price
$199,900
Sold Price
$200,000
Premium/Discount to List
$100
0.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.63%
Original Mortgage
$194,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2017
Sold by
Knapik Sean and Knapik Elena
Bought by
Black Rock Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 19, 2004
Sold by
Knapik Elena and Knapik Sean
Bought by
Knapik Sean and Knapik Elena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2001
Sold by
Ayerza Breck
Bought by
Knapik Sean and Knapik Elena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,050
Interest Rate
7.17%
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
Summers Michael T $405,000 First American Title
Stofa Dustin $200,000 Ticor Title Reno
Black Rock Real Estate Llc $160,000 Ticor Title Reno
Knapik Sean -- First American Title
Knapik Sean $119,000 Western Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Summers Michael T $283,500
Previous Owner Stofa Dustin $230,000
Previous Owner Stofa Dustin $188,300
Previous Owner Stofa Dustin $194,000
Previous Owner Black Rock Real Estate $2,000,000
Previous Owner Black Rock Real Estate Llc $2,000,000
Previous Owner Knapik Sean $134,000
Previous Owner Knapik Sean $113,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2023 02/22/23 Sold $405,000 -4.7% $384 / Sq Ft
01/08/2023 01/08/23 Pending -- -- --
10/24/2022 10/24/22 For Sale $425,000 +112.5% $402 / Sq Ft
08/18/2017 08/18/17 Sold $200,000 +0.1% $189 / Sq Ft
05/16/2017 05/16/17 Pending -- -- --
05/12/2017 05/12/17 For Sale $199,900 -- $189 / 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 $734 $49,889 $33,145 $16,744
2024 $680 $44,433 $27,895 $16,538
2023 $680 $42,570 $27,279 $15,291
2022 $630 $36,159 $23,730 $12,429
2021 $610 $29,352 $16,485 $12,867
2020 $592 $30,949 $17,605 $13,344
2019 $574 $29,950 $16,660 $13,290
2018 $558 $24,641 $11,235 $13,406
2017 $543 $24,404 $10,605 $13,799
2016 $534 $22,609 $8,190 $14,419
2015 $511 $20,468 $6,615 $13,853
2014 $509 $17,770 $4,130 $13,640
2013 -- $14,854 $3,115 $11,739
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 220015471

Northern Nevada Regional MLS

APN: 552-241-17