NOT LISTED FOR SALE

8980 Turbine Way Reno, NV 89506

Estimated Value: $427,000 - $448,000

3 Beds
1.5 Baths
1,400 Sq Ft
$311/Sq Ft Est. Value

Last Sold August 28, 2023

Last sale price $425,000 $304 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,508/month

1 Day on Market

Highlights

  • RV Access or Parking
  • Corner Lot
  • Great Room
  • Mountain View
  • High Ceiling
  • No HOA

About This Home

As of August 2023

Fantastic Lemmon Valley home with 3 bedrooms, 1.5 baths and a den. Large corner lot (.39) with detached oversized 780 square foot garage perfect for workshop, man cave or both. House has been upgraded throughout and features laminate wood flooring, new windows & sliding glass door, new pellet stove, new garage roof and newer main house roof, plus so much more. (see attached list of improvements) RV Parking & gate., -Seller will provide new buyers with a one year Standard Home Warranty not to exceed $400. This must be mentioned in the offer. -Please enter the detached garage through the backyard. Lock at side of garage can be a bit difficult to open- giggle it a bit. -All green cabinetry in garage stays with the sale. -Extra laminate flooring in the garage attic (approx. 15 boxes) and extra roofing in the garage. -In the living room there is a fireplace behind the drywall. The current owners left the fire box and chimney stack.

Last Agent to Sell the Property

Brian Kincannon

RE/MAX Gold License #S.49046 Listed on: 07/14/2023

RE/MAX Gold

Co-Listed By

Tammy Kincannon

RE/MAX Gold License #S.47496

Last Buyer's Agent

Juan Segura

Reno Real Estate License #B.1002755

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $857

Year Built

  • Built in 1972

Lot Details

  • 0.39 Acre Lot
  • Back Yard Fenced
  • Landscaped
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Property is zoned MDS

Parking

  • 2 Car Garage
  • RV Access or Parking

Home Design

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

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Blinds
  • Great Room
  • Combination Kitchen and Dining Room
  • Home Office
  • Mountain Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher
  • No Kitchen Appliances
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry Cabinets

Outdoor Features

  • Patio

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
  • Pellet Stove burns compressed wood to generate heat
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 55222623

Home Details

Home Type

Single Family

Est. Annual Taxes

$857

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1972
  • 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
  • Co List Office Mls Id: 1514-o
  • Co List Office Phone: 775-787-3629
  • Directions: Surge
  • Property Attached Yn: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, None
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Pellet Stove
  • Interior Amenities: Ceiling Fan(s), High Ceilings, Primary Downstairs
  • Window Features: Blinds, Double Pane Windows, Vinyl Frames

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Shingle
  • Stories: 1
  • View: Mountain(s)
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: RV Access/Parking

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Water Source: Public
  • Laundry Features: Cabinets, Laundry Area
  • Cooling: Evaporative Cooling
  • Heating Yn: Yes
  • Sewer: Septic Tank

Schools

  • Middle Or Junior School: OBrien

Lot Info

  • Parcel Number: 55222623
  • Fencing: Back Yard
  • Lot Size Sq Ft: 16988.4
  • Zoning: MDS

Tax Info

  • Tax Annual Amount: 857.33

MLS Schools

  • Elementary School: Lemmon Valley
  • HighSchool: North Valleys

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2023
Closed on
Aug 28, 2023
Sold by
Burkett James and Burkett Jamie
Bought by
Gallegos Saul Montoya and Esparza-Reyes Juana
Seller's Agent
Brian Kincannon
RE/MAX Gold
Buyer's Agent
Juan Segura
Reno Real Estate
List Price
$424,999
Sold Price
$425,000
Premium/Discount to List
$1
0.0%
Total Days on Market
1
Views
6
Current Estimated Value
$434,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,737
Avg. Annual Appreciation
1.27%
Original Mortgage
$403,750
Outstanding Balance
$397,070
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$37,667

Purchase Details

Listed on
Nov 22, 2011
Closed on
Mar 6, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Burkett James and Burkett Jamie
Seller's Agent
Curry Jameson
JJM Corp.
Buyer's Agent
Tammy Kincannon
RE/MAX Gold
List Price
$68,000
Sold Price
$61,200
Premium/Discount to List
-$6,800
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.42%
Original Mortgage
$45,900
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2011
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jul 17, 2003
Sold by
Hampton Michael P and Hampton Theresa L
Bought by
Rankin James E and Rankin Tiffani Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,426
Interest Rate
5.18%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 9, 1999
Sold by
Murphy Edward L and Murphy Patricia
Bought by
Hampton Michael P and Hampton Theresa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,540
Interest Rate
6.9%
Mortgage Type
VA
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
Gallegos Saul Montoya $425,000 First American Title
Burkett James $61,500 Western Title Company
Secretary Of Housing & Urban Development -- Lsi Title Agency Inc
Wells Fargo Bank N A $152,806 Lsi Title Agency Inc
Rankin James E $159,900 Founders Title Company Of Nv
Hampton Michael P $127,000 Founders Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallegos Saul Montoya $403,750
Previous Owner Burkett James $45,900
Previous Owner Rankin James E $80,000
Previous Owner Rankin James E $63,000
Previous Owner Rankin James E $21,000
Previous Owner Rankin James E $157,426
Previous Owner Hampton Michael P $129,540
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2023 08/28/23 Sold $425,000 0.0% $304 / Sq Ft
07/14/2023 07/14/23 Pending -- -- --
07/13/2023 07/13/23 For Sale $424,999 +594.4% $304 / Sq Ft
03/16/2012 03/16/12 Sold $61,200 -10.0% $44 / Sq Ft
01/30/2012 01/30/12 Pending -- -- --
11/22/2011 11/22/11 For Sale $68,000 -- $49 / 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 $953 $56,118 $33,145 $22,973
2024 $883 $50,606 $27,895 $22,712
2023 $657 $48,222 $27,279 $20,943
2022 $857 $41,444 $23,730 $17,714
2021 $833 $34,833 $16,485 $18,348
2020 $807 $36,581 $17,605 $18,976
2019 $784 $35,647 $16,660 $18,987
2018 $761 $30,299 $11,235 $19,064
2017 $739 $30,210 $10,605 $19,605
2016 $721 $28,735 $8,190 $20,545
2015 $713 $27,446 $6,615 $20,831
2014 $709 $24,635 $4,130 $20,505
2013 -- $20,751 $3,115 $17,636
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 230007813

Northern Nevada Regional MLS

APN: 552-226-23