NOT LISTED FOR SALE

961 University Place Reno, NV 89512

West University Neighborhood

Estimated Value: $619,000 - $710,000

4 Beds
2 Baths
1,908 Sq Ft
$343/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $415,000 $218 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,873/month

4 Days on Market

Highlights

  • City View
  • High Ceiling
  • 3 Car Attached Garage
  • Deck
  • Breakfast Area or Nook
  • 3-minute walk to University Ridge Park

About This Home

As of March 2018

This fabulous University Ridge home sits high above the City of Reno and has spectacular views from the back yard multi-level deck...what a place to watch the Reno Balloon Races and 4th of July Fireworks! Fabulous upgrades and designer touches throughout this home make it an absolute pleasure to walk in the front door. Walking distance to the UNR make it easy to attend classes or be a spectator at sporting events. This home is also walking distance to an extraordinary neighborhood park.

Last Agent to Sell the Property

Ken Scott

RE/MAX Gold License #S.22991 Listed on: 02/09/2018

RE/MAX Gold

Last Buyer's Agent

Jennifer Benna

Tahoe Mountain Realty License #S.181683

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,115

Year Built

  • Built in 1996

Lot Details

  • 0.28 Acre Lot
  • Back Yard Fenced
  • Landscaped
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Property is zoned PUD

HOA Fees

  • $20 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Property Views

  • City
  • Mountain
  • Valley

Home Design

  • Pitched Roof
  • Tile Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,908 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Blinds
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Stone
  • Slate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Laundry Cabinets

Outdoor Features

  • Deck
  • Patio

Schools

  • Peavine Elementary School
  • Clayton Middle School
  • Hug 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

  • $200 HOA Transfer Fee
  • Equus Management Association, Phone Number (775) 284-2050
  • Maintained Community
  • 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 00359103

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,115

Year Built

Built in 1996

Lot Details

0

HOA Fees

$20 per month

Parking

3

Listing Details

  • Year Built: 1996
  • 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: University Ridge
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Disposal, Gas Cooktop, Gas Range, Microwave
  • Flooring: Carpet, Laminate, Slate, Stone
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), High Ceilings, Pantry, Walk-In Closet(s)
  • Window Features: Blinds, Double Pane Windows, Vinyl Frames

Exterior Features

  • Exterior Features: None
  • Roof: Pitched, Tile
  • Stories: 1
  • View: City, Mountain(s), Valley
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Patio, Deck

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Water Meter Installed
  • Water Source: Public
  • Laundry Features: Cabinets, Laundry Area, Laundry Room
  • Cooling: Evaporative Cooling
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Middle Or Junior School: Clayton

Lot Info

  • Parcel Number: 00359103
  • Fencing: Back Yard
  • Lot Size Sq Ft: 12196.8
  • Zoning: PUD

Tax Info

  • Tax Annual Amount: 2115.02

MLS Schools

  • Elementary School: Peavine
  • HighSchool: Hug

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2019
Sold by
Garlington Jason and Garlington Jennifer
Bought by
Garlington Jason and Garlington Jennifer
Current Estimated Value
$654,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 9, 2018
Closed on
Mar 29, 2018
Sold by
Marsh Keneth W and Marsh Amy
Bought by
Garlington Jason Edward and Jones Jennifer Leann
Seller's Agent
Ken Scott
RE/MAX Gold
Buyer's Agent
Jennifer Benna
Tahoe Mountain Realty
List Price
$420,000
Sold Price
$415,000
Premium/Discount to List
-$5,000
-1.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%
Original Mortgage
$332,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2005
Sold by
Marsh Kenneth W
Bought by
Marsh Kenneth W and Marsh Amy

Purchase Details

Closed on
Sep 16, 2004
Sold by
Marsh Amy
Bought by
Marsh Kenneth W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.94%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 1, 2004
Sold by
Patchen Brett and Patchen Chitlada
Bought by
Marsh Kenneth W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.94%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 27, 2001
Sold by
Lowery Franklin C and Lowery Thelma T
Bought by
Patchen Brett and Patchen Chitlada

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6%

Purchase Details

Closed on
Sep 11, 1996
Sold by
Highland Communities Llc
Bought by
Lowery Franklin C and Lowery Thelma T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,250
Interest Rate
8.23%
Mortgage Type
Balloon
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
Garlington Jason -- Stewart Title Company
Garlington Jason Edward $415,000 Acme Title And Escrow
Marsh Kenneth W -- --
Marsh Kenneth W -- Stewart Title Of Northern Nv
Marsh Kenneth W $373,500 Stewart Title Of Northern Nv
Patchen Brett $215,000 Stewart Title Northern Nevad
Lowery Franklin C $182,000 Western Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garlington Jennifer $347,000
Closed Garlington Jason $337,000
Closed Garlington Jason Edward $332,000
Previous Owner Marsh Ii Kenneth W $160,000
Previous Owner Marsh Ii Kenneth W $105,457
Previous Owner Marsh Ii Kenneth W $20,000
Previous Owner Marsh Kenneth W $125,000
Previous Owner Patchen Brett $172,000
Previous Owner Lowery Franklin C $145,250
Closed Patchen Brett $21,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2018 03/30/18 Sold $415,000 -1.2% $218 / Sq Ft
02/09/2018 02/09/18 For Sale $420,000 -- $220 / 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 $2,648 $115,907 $44,555 $71,352
2024 $2,648 $111,834 $39,900 $71,934
2023 $2,572 $107,874 $39,468 $68,406
2022 $2,498 $99,377 $42,035 $57,342
2021 $2,424 $82,393 $25,200 $57,193
2020 $2,352 $84,761 $27,300 $57,461
2019 $2,282 $81,244 $26,250 $54,994
2018 $2,204 $75,568 $22,750 $52,818
2017 $2,115 $71,381 $18,375 $53,006
2016 $2,062 $71,422 $17,150 $54,272
2015 $2,058 $69,979 $15,750 $54,229
2014 $1,999 $64,561 $12,215 $52,346
2013 -- $52,896 $9,030 $43,866
Source: Public Records

Agents Affiliated with this Home

  • Ken Scott

    Seller's Agent in 2018

    Ken Scott

    RE/MAX

    (775) 741-7558

    1 in this area

    59 Total Sales

    Ken Scott
    Section Image

  • J

    Buyer's Agent in 2018

    Jennifer Benna

    Tahoe Mountain Realty

    (415) 999-7256

    Section Image
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Map

Source: Northern Nevada Regional MLS

MLS Number: 180001634

Northern Nevada Regional MLS

APN: 003-591-03

Nevada Washoe County Reno 89512 West University

961 University Place, Reno, NV

This home is located at 961 University Place, Reno, NV 89512 since 09 February 2018 and is currently estimated at $654,453, approximately $343 per square foot. This property was built in 1996. 961 University Place 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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