NOT LISTED FOR SALE

885 N University Park Loop Reno, NV 89512

West University Neighborhood

Estimated Value: $558,868 - $619,000

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 $3,561/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
  • Road Frontage Type: Other
  • Co List Office Mls Id: 1514-o
  • Co List Office Phone: 775-787-3629
  • Directions: Socrates Dr.
  • Property Attached Yn: No
  • Special Features: 4108

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

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Shingle
  • Stories: 1
  • Construction Type: Stucco
  • Foundation Details: Crawl Space

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage Door Opener

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available
  • Laundry Features: None
  • Cooling: Central Air, Refrigerated
  • Heating Yn: Yes
  • Sewer: Public Sewer

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
$594,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$374,717
Avg. Annual Appreciation
8.58%
Original Mortgage
$198,000
Outstanding Balance
$142,251
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$452,466

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

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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
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 Change Sq Ft Price
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
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

    39 Total Sales

    Oscar Canonigo
    Section Image
  • Gumer Alvarez

    Buyer's Agent in 2013

    Gumer Alvarez

    Coldwell Banker Select Reno

    (775) 813-6831

    9 in this area

    381 Total Sales

    Gumer Alvarez
    Section Image
See All Agents

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

This home is located at 885 N University Park Loop, Reno, NV 89512 since 17 May 2012 and is currently estimated at $594,717, approximately $368 per square foot. This property was built in 2005. 885 N University Park Loop is a home located in Washoe County with nearby schools including Peavine Elementary School, Archie Clayton Pre-AP Academy, and Coral Academy Charter School Elementary.

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Northern Nevada Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The content relating to real estate for sale on this web site comes in part from the Broker Reciprocity/ IDX program of the Northern Nevada Regional Multiple Listing Service°. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo and detailed information about those listings includes the name of the listing brokerage. Any use of the content other than by a search performed by a consumer looking to purchase or rent real estate is prohibited. © 2025 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved.

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