NOT LISTED FOR SALE

885 N University Park Loop Reno, NV 89512

West University Neighborhood

Estimated Value: $567,830 - $628,000

3 Beds
2 Baths
1,616 Sq Ft
$368/Sq Ft Est. Value

Last Sold May 24, 2013

Last sale price $220,000 $136 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $3,376/month

372 Days on Market

Highlights

  • Separate Formal Living Room
  • 3 Car Attached Garage
  • Walk-In Closet
  • Great Room
  • Double Pane Windows
  • Refrigerated Cooling System

About This Home

As of May 2013

Short sale "as is" condition. No repairs will be done by sellers, One Loan only. Beautiful location, near university and shopping centers.

Last Agent to Sell the Property

Oscar Canonigo

RE/MAX Gold License #S.74205 Listed on: 05/17/2012

RE/MAX Gold

Last Buyer's Agent

Gumer Alvarez

Coldwell Banker Select Reno License #S.62360

Coldwell Banker Select Reno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,335

Year Built

  • Built in 2005

Lot Details

  • 10,019 Sq Ft Lot
  • Back and Front Yard Fenced
  • Landscaped
  • Level Lot
  • Property is zoned SF15

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Composition Roof
  • Stick Built Home
  • Stucco

Interior Spaces

  • 1,616 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Great Room
  • Separate Formal Living Room
  • Family or Dining Combination
  • Crawl Space
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Schools

  • Peavine Elementary School
  • Clayton Middle School
  • Hug High School

Utilities

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

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 00368104

Community Details

Overview

  • $376 HOA Transfer Fee
  • University Ridge HOA, Phone Number (775) 852-2224
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • No Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,335

Year Built

Built in 2005

Lot Details

0

HOA Fees

$21 per month

Parking

3

Listing Details

  • Year Built: 2005
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Landscaped, Level
  • Lot Size Acres: 0.23
  • Road Frontage Type: Other
  • Association Amenities: None
  • Association Fees: 21.0
  • Association Fee Frequency: Monthly
  • Has H O A?: Yes
  • Co List Office Mls Id: 1514-o
  • Co List Office Phone: 775-787-3629
  • Special Conditions: Short Sale
  • Directions: Socrates Dr.
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Living Area: 1616.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Peavine
  • Tax Legal Middle Or Junior School2: Clayton
  • Tax Legal High School: Hug
  • Tax Legal Tax Annual Amount: 2335.0
  • Tax Legal Zoning4: SF15
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 21.0
  • Building Stories5: 1
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: No
  • Lot Lot Size Acres2: 0.23
  • Lot Lot Size Square Feet2: 10018.8
  • Lot Horse Y N2: No
  • Association Details Transfer Fee: 376.25
  • Fencing Back Yard: Yes
  • Lot Features Landscaped: Yes
  • Cooling Central Air: 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 Heater Electric5: Yes
  • Water Rights Water Rights Y N: No
  • Cooling Refrigerated: Yes
  • Appliances Disposal: Yes
  • Water Heater Gas5: Yes
  • Construction Materials Stucco: Yes
  • Fencing Front Yard: Yes
  • Special Listing Conditions Short Sale: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: University Ridge HOA
  • Association Details Management Company Phone5: 775-852-2224
  • Special Features: 4108
  • Stories: 1

Interior Features

  • Appliances: Disposal
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Walk-In Closet(s)
  • Window Features: Double Pane Windows
  • Interior Living Area4: 1616.0
  • Interior Fireplace Y N: No
  • Flooring Carpet: Yes
  • Window Features Double Pane Windows: Yes
  • Living Room Features Separate Formal Room: Yes
  • Primary Bedroom Features Double Sinks: Yes
  • Primary Bedroom Features Shower Stall: Yes
  • Flooring Ceramic Tile: Yes
  • Kitchen Features Disposal2: Yes
  • Primary Bedroom Features Garden Tub: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes
  • Dining Room Features Family Room Combination2: Yes
  • Family Room Features Great Room5: Yes
  • Laundry Features None15: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Shingle
  • Stories: 1
  • Construction Type: Stucco
  • Foundation Details: Crawl Space
  • 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: Cable Available, Electricity Available, Natural Gas Available, Sewer Available
  • Laundry Features: None
  • 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 Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Sewer Available: Yes
  • Heating Forced Air: Yes
  • Heating Natural Gas: Yes

Schools

  • Middle Or Junior School: Clayton

Lot Info

  • Parcel Number: 00368104
  • Fencing: Back Yard, Front Yard
  • Lot Size Sq Ft: 10018.8
  • Zoning: SF15

Tax Info

  • Tax Annual Amount: 2335.0

MLS Schools

  • Elementary School: Peavine
  • HighSchool: Hug

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2012
Closed on
May 14, 2013
Sold by
Lomibao Leonila and Lomibao Emanuel
Bought by
Cortez Samuel and Cortez Cristina
Seller's Agent
Oscar Canonigo
RE/MAX Gold
Buyer's Agent
Gumer Alvarez
Coldwell Banker Select Reno
List Price
$165,000
Sold Price
$220,000
Premium/Discount to List
$55,000
33.33%
Current Estimated Value
$594,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$374,708
Avg. Annual Appreciation
8.24%
Original Mortgage
$198,000
Outstanding Balance
$138,897
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$455,811

Purchase Details

Closed on
Oct 10, 2005
Sold by
Bgu Associates Llc
Bought by
Lomibao Emanuel and Lomibao Leonila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,800
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 6, 2003
Sold by
Ridgeland Land Co
Bought by
Braddock & Logan Group Ii Lp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cortez Samuel $220,000 Western Title Company
Lomibao Emanuel $386,000 Founders Title Company Of Nv
Braddock & Logan Group Ii Lp $600,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cortez Samuel $198,000
Previous Owner Lomibao Emanuel $304,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2013 05/24/13 Sold $220,000 +33.3% $136 / Sq Ft
05/24/2013 05/24/13 Pending -- -- --
05/17/2012 05/17/12 For Sale $165,000 -- $102 / 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
2026 -- $117,437 $42,327 $75,110
2025 $2,728 $118,686 $42,327 $76,358
2024 $2,728 $118,824 $42,000 $76,824
2023 $2,649 $116,306 $43,750 $72,556
2022 $2,572 $93,988 $33,565 $60,423
2021 $2,497 $83,969 $23,940 $60,029
2020 $2,422 $85,988 $25,935 $60,053
2019 $2,352 $83,336 $24,938 $58,398
2018 $2,283 $78,628 $21,613 $57,015
2017 $2,217 $74,512 $17,456 $57,056
2016 $2,161 $74,328 $16,293 $58,035
2015 $2,118 $71,801 $14,963 $56,838
2014 $2,054 $66,356 $11,604 $54,752
2013 -- $54,354 $8,579 $45,775
Source: Public Records

Agents Affiliated with this Home

  • Oscar Canonigo

    Seller's Agent in 2013

    Oscar Canonigo

    RE/MAX

    (775) 450-9412

    1 in this area

    36 Total Sales

    Oscar Canonigo
    Section Image
  • Gumer Alvarez

    Buyer's Agent in 2013

    Gumer Alvarez

    Coldwell Banker Select Reno

    (775) 813-6831

    8 in this area

    356 Total Sales

    Gumer Alvarez
    Section Image
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Map

Source: Northern Nevada Regional MLS

MLS Number: 120005962

Northern Nevada Regional MLS

APN: 003-681-04

Nevada Washoe County Reno 89512 West University

885 N University Park Loop, Reno, NV

Not Listed for Sale

Detached

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