NOT LISTED FOR SALE

Estimated Value: $388,000 - $1,129,000

2.78 Acres
$277,694 Price per Acre
121,097 Sq Ft Lot

Last Sold December 19, 2014

Last sale price $400,000

Est. 93% increase in value since last sale

Current estimated payment $4,517/month

63 Days on Market

Highlights

  • Horses Allowed On Property
  • View of Trees or Woods
  • No HOA
  • Elizabeth Lenz Elementary School Rated A-
  • 2.78 Acre Lot
  • Level Lot

About This Lot

As of December 2014

This large lot is almost 3 acres with lush views in every direction. What better place to build your dream than in the highly sought after old south suburban area of Reno? At this location you get the best of both worlds with the peace and comfort of country living where you can bring your horses and yet still be mere minutes from shopping, dining, the airport, freeway, and other wonderful amenities that Reno has to offer.

Last Agent to Sell the Property

David Morris

Chase International-Damonte License #BS.4908 Listed on: 09/23/2014

Chase International-Damonte

Last Buyer's Agent

Jerome Bos

Solid Source Realty License #S.11669

Solid Source Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,279

Lot Details

  • 2.78 Acre Lot
  • Level Lot
  • Corners Of The Lot Have Been Marked
  • Property is zoned Hdr

Property Views

  • Woods
  • Mountain
  • Valley

Schools

  • Lenz Elementary School
  • Pine Middle School
  • Galena High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Underground Utilities
  • Water Rights
  • 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

  • Assessor Parcel Number 16225116

Property Details

Property Type

Land

Est. Annual Taxes

$2,279

Lot Details

0

Listing Details

  • Property Type: Land
  • Horses: Yes
  • Lot Features: Level, Corners Marked, Curbs
  • Lot Size Acres: 2.78
  • Road Frontage Type: Other, Public Access
  • Road Surface Type: Paved
  • Has View?: Yes
  • Has H O A?: No
  • Co List Office Mls Id: 1471-o
  • Co List Office Phone: 775-850-5900
  • Directions: Huffaker
  • Tax Legal Zoning4: Hdr
  • Lot Features Level: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Water Rights Water Rights Y N: Yes
  • View Mountain(s): Yes
  • View Valley: Yes
  • View Trees Woods: Yes
  • Tax Legal Elementary School2: Lenz
  • Tax Legal High School2: Galena
  • Tax Legal Tax Annual Amount3: 2279.0
  • Tax Legal Middleor Junior School3: Pine
  • Association Community Association Y N: No
  • Lot Lot Size Acres: 2.78
  • Lot View Y N4: Yes
  • Lot Horse Y N4: Yes
  • Lot Features Corners Marked: Yes
  • Land Details Crops Included Y N: No
  • Land Details Deed Restrictions: No
  • Land Details Easements Y N: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountain(s), Trees/Woods, Valley

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Underground Utilities
  • Water Source: Public
  • Sewer: Public Sewer
  • 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
  • Water Source Public: Yes
  • Utilities Underground Utilities: Yes

Schools

  • Middle Or Junior School: Pine

Lot Info

  • Parcel Number: 16225116
  • Lot Size Sq Ft: 121096.8
  • Crops Included: No
  • Zoning: Hdr

Tax Info

  • Tax Annual Amount: 2279.0

MLS Schools

  • Elementary School: Lenz
  • HighSchool: Galena

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2017
Sold by
Lorson Richard C
Bought by
Presa Llc
Current Estimated Value
$771,988

Purchase Details

Listed on
Sep 23, 2014
Closed on
Dec 19, 2014
Sold by
Heather Downs Llc
Bought by
Lorson Richard C and Richard C Lorson Trust
Seller's Agent
David Morris
Chase International-Damonte
Buyer's Agent
Jerome Bos
Solid Source Realty
List Price
$449,000
Sold Price
$400,000
Premium/Discount to List
-$49,000
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.24%

Purchase Details

Listed on
Feb 10, 2012
Closed on
Nov 13, 2013
Sold by
Zaccheo James D and Zaccheo Lisa
Bought by
Heather Downs Llc
Seller's Agent
Marissa Haley
Green Street Companies
Buyer's Agent
David Morris
Chase International-Damonte
List Price
$575,000
Sold Price
$325,000
Premium/Discount to List
-$250,000
-43.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.64%

Purchase Details

Closed on
Oct 8, 2003
Sold by
Casazza Gwendolyn T and The Roy & Gwen Casazza Family
Bought by
Zaccheo James D and Zaccheo Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.98%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Presa Llc $423,000 First Centennial Reno
Lorson Richard C $400,000 First Centennial
Heather Downs Llc $325,000 None Available
Zaccheo James D $956,666 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zaccheo James D $410,000
Previous Owner Zaccheo James D $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2014 12/19/14 Sold $400,000 -10.9% --
11/25/2014 11/25/14 Pending -- -- --
09/23/2014 09/23/14 For Sale $449,000 +38.2% --
11/26/2013 11/26/13 Sold $325,000 -43.5% --
10/25/2013 10/25/13 Pending -- -- --
02/10/2012 02/10/12 For Sale $575,000 -- --
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 $3,734 $271,250 $271,250 --
2024 $3,734 $250,250 $250,250 --
2023 $3,460 $241,500 $241,500 $0
2022 $3,205 $182,000 $182,000 $0
2021 $2,970 $157,500 $157,500 $0
2020 $2,795 $148,750 $148,750 $0
2019 $2,663 $141,750 $141,750 $0
2018 $2,531 $140,000 $140,000 $0
2017 $2,416 $133,000 $133,000 $0
2016 $2,356 $122,500 $122,500 $0
2015 $596 $105,000 $105,000 $0
2014 $2,279 $70,000 $70,000 $0
2013 -- $70,000 $70,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 140013177

Northern Nevada Regional MLS

APN: 162-251-16