NOT LISTED FOR SALE

8790 Paloma Way Reno, NV 89506

Estimated Value: $390,000 - $468,000

3 Beds
2 Baths
1,700 Sq Ft
$254/Sq Ft Est. Value

Last Sold May 31, 2013

Last sale price $147,000 $86 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $2,432/month

22 Days on Market

Highlights

  • Mountain View
  • Wood Burning Stove
  • Separate Formal Living Room
  • Deck
  • Lake, Pond or Stream
  • No HOA

About This Home

As of May 2013

Wonderful family home with great views of Lemmon Valley, mountains, and seasonal lake, featuring: new furnace, hot water heater, large back yard, new carpeting, fresh paint (inside), mature trees, quite street, 4 car tandem garage, in ground root cellar, easy access to riding trails and more! Plenty of room for your toys, family space and privacy. No neighbors to the back of the home! This is a regular sale, very clean and spacious! Agents see private remarks.

Last Agent to Sell the Property

Tim Koskinen

Reno/Tahoe Realty Group, LLC License #BS.144954 Listed on: 03/18/2013

Last Buyer's Agent

Linda Baker

Coldwell Banker Select RE CC License #S.168507

Coldwell Banker Select RE CC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $734

Year Built

  • Built in 1972

Lot Details

  • 0.43 Acre Lot
  • Dog Run
  • Property is Fully Fenced
  • Landscaped
  • Level Lot

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Property Views

  • Mountain
  • Valley

Home Design

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

Interior Spaces

  • 1,700 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Double Pane Windows
  • Drapes & Rods
  • Blinds
  • Family Room with Fireplace
  • Separate Formal Living Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Lake, Pond or Stream
  • Deck
  • Storage Shed

Schools

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

Utilities

  • Refrigerated and Evaporative Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 55224120

Home Details

Home Type

Single Family

Est. Annual Taxes

$734

Year Built

Built in 1972

Lot Details

0

Parking

4

Listing Details

  • Year Built: 1972
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Landscaped, Level, Sloped Up
  • Lot Size Acres: 0.43
  • Road Frontage Type: Other
  • Has View?: Yes
  • Security Features: Smoke Detector(s)
  • Association Amenities: None
  • Has H O A?: No
  • Co List Office Mls Id: 1785-o
  • Co List Office Phone: 775-473-8899
  • Directions: Lemmon Drive, R Surge, R Reservoir, L Paloma
  • Has Cooling?: Yes
  • Has Fireplace?: Yes
  • Living Area: 1700.0
  • 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: 734.0
  • Tax Legal Zoning4: SFR
  • 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: 0.43
  • Lot Lot Size Square Feet2: 18730.8
  • Lot Horse Y N2: No
  • Lot View Y N2: Yes
  • Cooling Evaporative Cooling: Yes
  • Lot Features Landscaped: Yes
  • Foundation Details Crawl Space: Yes
  • Lot Features Level: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: 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 Deck3: Yes
  • Personal Property Included Storage Shed: Yes
  • Security Features Smoke Detector(s): Yes
  • View Mountain(s): Yes
  • Lot Features Sloped Up: Yes
  • Water Heater Gas5: Yes
  • View Valley: Yes
  • Fireplace Features Wood Burning Stove: Yes
  • Water Body Type Lake2: Yes
  • Water Body View Yes2: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning Stove
  • Interior Amenities: Breakfast Bar
  • Window Features: Blinds, Double Pane Windows, Drapes
  • Interior Living Area4: 1700.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Interior Features Breakfast Bar: Yes
  • Window Features Double Pane Windows: Yes
  • Living Room Features Separate Formal Room: Yes
  • Dining Room Features Separate Formal Room2: Yes
  • Kitchen Features Breakfast Bar2: Yes
  • Window Features Blinds: Yes
  • Window Features Drapes: Yes
  • Primary Bedroom Features Shower Stall: Yes
  • Flooring Ceramic Tile: Yes
  • Laundry Features Laundry Area: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Fireplace Features Family Room: Yes
  • Flooring Laminate: Yes

Exterior Features

  • Exterior Features: Dog Run
  • Roof: Composition, Pitched, Shingle
  • Stories: 1
  • View: Mountain(s), Valley
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Deck
  • Construction Materials Wood Siding: Yes
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes
  • Exterior Features Dog Run: Yes

Garage/Parking

  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Garage Spaces: 4.0
  • Has Attached Garage?: Yes
  • Parking Features: Attached, Garage Door Opener
  • Total Parking Spaces: 4.0
  • Parking Information Garage Y N: Yes
  • Parking Information Garage Spaces: 4.0
  • Parking Information Carport Y N: No
  • Parking Information Parking Total: 4.0
  • Parking Features Attached: Yes
  • Parking Features Garage Door Opener: Yes
  • Laundry Features In Garage: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Water Meter Installed
  • Water Source: Public
  • Laundry Features: In Garage, Laundry Area
  • Cooling: Evaporative Cooling
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Cooling Y N3: Yes
  • Utilities Heating Y N3: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Utilities Water Meter Installed: Yes
  • Heating Forced Air: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes

Schools

  • Middle Or Junior School: OBrien

Lot Info

  • Parcel Number: 55224120
  • Fencing: Full
  • Lot Size Sq Ft: 18730.8
  • Zoning: SFR

Tax Info

  • Tax Annual Amount: 734.0

MLS Schools

  • Elementary School: Lemmon Valley
  • HighSchool: North Valleys

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2013
Closed on
May 30, 2013
Sold by
Knittle Richard Charles and Knittle Diane Marie
Bought by
Darrow Todd A
Seller's Agent
Tim Koskinen
Reno/Tahoe Realty Group, LLC
Buyer's Agent
Linda Baker
Coldwell Banker Select RE CC
List Price
$159,000
Sold Price
$147,000
Premium/Discount to List
-$12,000
-7.55%
Current Estimated Value
$427,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,931
Avg. Annual Appreciation
9.23%
Original Mortgage
$115,200
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2011
Sold by
Knittle Richard C and Knittle Dyan
Bought by
Knittle Richard Charles and Knittle Diane Marie

Purchase Details

Closed on
Dec 23, 1997
Sold by
Knittle Richard and Knittle Dyan
Bought by
Knittle Richard C and Knittle Dyan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.22%
Source: Public Records

Range of Values:

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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
Darrow Todd A $147,000 Ticor Title Reno
Knittle Richard Charles -- None Available
Knittle Richard C -- United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Darrow Todd A $92,500
Closed Darrow Todd A $115,200
Previous Owner Knittle Richard C $209,000
Previous Owner Knittle Richard C $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2013 05/31/13 Sold $147,000 -7.5% $86 / Sq Ft
04/09/2013 04/09/13 Pending -- -- --
03/18/2013 03/18/13 For Sale $159,000 -- $94 / 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 $820 $54,042 $33,145 $20,897
2024 $820 $48,544 $27,895 $20,649
2023 $797 $46,354 $27,279 $19,075
2022 $774 $39,190 $23,730 $15,460
2021 $752 $32,319 $16,485 $15,834
2020 $729 $34,252 $17,605 $16,647
2019 $707 $33,235 $16,660 $16,575
2018 $687 $27,999 $11,235 $16,764
2017 $667 $28,186 $10,605 $17,581
2016 $649 $26,552 $8,190 $18,362
2015 $638 $24,762 $6,615 $18,147
2014 $635 $22,105 $4,130 $17,975
2013 -- $18,567 $3,115 $15,452
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 130002836

Northern Nevada Regional MLS

APN: 552-241-20