See Home Value
$680,138*
House - Off Market

1981 Phaethon Ln

Reno, NV 89521
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1690 Sqft
$612,000 - $746,000
Reference Base Price*
0.17%
Since Jul 1, 2023
National-US
Primary Model
Sold Jul 05, 2023
$665,000
$498,750 by Bank Of America, N.a.
Mortgage Due Aug 01, 2053
Sold Apr 25, 2019
$516,995

About This Property

Enjoy quiet resort style living in The Regency 55+ community by Toll Brothers. Perfectly maintained 2018 Gilmore model includes master suite with lovely views, large bathroom with walk in shower and huge walk in closet. Great room concept includes nicely upgraded kitchen with quartz countertops, stainless steel appliances, and island/breakfast bar, dining and living room, Living room has nice gas log fireplace, and opens to covered patio and smartly landscaped backyard.

The manager has listed the unit size as 1690 square feet.
Unit Size
1,690Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$402
Property Type
House
Property Taxes
$381
HOA Dues
$503
Year Built
2018

Price History

Date / Event Date Event Price
Jul 5, 2023 Sold to Lynn Anne Terlaga $665,000
Sold to Lynn Anne Terlaga
Jun 19, 2023 No longer available -
No longer available
Jun 7, 2023 Price Decreased $679,000
↓ $16K (2.3%)
Price Decreased
Apr 20, 2023 Price Decreased $695,000
↓ $5K (0.7%)
Price Decreased
Apr 6, 2023 Relisted $700,000
Relisted
Show More

Property Highlights

Fireplace
With View

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 435
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,500
  • Total Building Area: 2,125
  • Gross Building Area: 2,125
  • Building Area: 1,690
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,690
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: DAMONTE RANCH VILLAGE 6-2
  • Land Acres: 0.126
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DAMONTE RANCH VILLAGE 6-2 LOT 413

Ownership

  • Current Owner : TERLAGA LYNN ANNE
  • Previous Owner : NANCY J OBANNON TRUST
  • Owner Before Previous Owner: TOLL SOUTH RENO LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Widow/Widower

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 002217

Zoning

  • Zoning: PD

Geography

  • Parcel: 141-512-06
  • Lot: 413
  • Meridian: SEC 10 TWN 18N RNG 20E
  • Municipality: CITY OF RENO
  • Latitude: 39.4369
  • Longitude: -119.727

    Address

  • Full Address: 1981 Phaethon Ln
  • Address - House Number: 1981
  • Address - Street Name: Phaethon
  • Address - Suffix Type: Ln
  • State: NV
  • City Name: Reno
  • Carrier Code: R069
  • 4-Digit Zip Code: 4484
  • Zip Code: 89521

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,854
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.0659
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 96
  • Final Value: 732,283
  • High Value: 780,571
  • Low Value: 683,996

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $498,750
  • First Open Lien Mortgage Lender: BANK OF AMERICA, N.A.
  • First Open Lien Mortgage Recording Date: Jul 05, 2023
  • First Open Lien Mortgage Loan Amount: $498,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2053

    Market Valuation

  • Market Total Value: $382,051
  • Market Land Value: $108,395
  • Market Improvement Value: $273,656

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $174,322
  • Assessed Land Value: $49,908
  • Assessed Improvements Value: $124,414

    Sales

  • Current Sale Contract Date: Jun 27, 2023
  • Current Sale Recording Date: Jul 05, 2023
  • Current Sale Transaction ID: 11909082416
  • Current Sale Price: $665,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5389973
  • Previous Sale Recording Date: Apr 25, 2019
  • Previous Sale Contract Date: Apr 16, 2019
  • Previous Sale Amount: $516,995
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA, N.A.
  • First Mortgage Transaction Date: Jul 05, 2023
  • First Mortgage Loan Amount: $498,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2053



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
2 Baths
1,690 ft²
$412/ft²
$696,000 Feb 10, 2023
-
$642/mo
House
2 Beds
2.5 Baths
2,267 ft²
$356/ft²
$808,000 May 23, 2022
-
$952/mo
House
3 Beds
2 Baths
2,428 ft²
$264/ft²
$639,999 Apr 7, 2023
-
-
Townhouse
3 Beds
2 Baths
1,958 ft²
$319/ft²
$625,000 Feb 17, 2023
-
$1,127/mo
Condo
3 Beds
2 Baths
2,461 ft²
$315/ft²
$775,000 Apr 3, 2023
-
$1,200/mo

About Southeast Reno


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Frequently Asked Questions

When was property at 1981 Phaethon Lane built and last sold?
The property at 1981 Phaethon Lane was built in 2018 and last sold on Jun 27, 2023 for $665,000.
How much is this home worth?
The estimated value of the home located at 1981 Phaethon Lane is $707,796.
What are some comparable homes to 1981 Phaethon Lane?
Homes that are comparable to 1981 Phaethon Lane include a house property at 2105 Gregorgio Lane, 2255 Maximus Lane, 9900 Wilbur May Parkway.

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