See Home Value
$832,632*
House - Off Market

1987 Phaethon Ln

Reno, NV 89521
bedrooms
2 Beds
bathrooms
2.5 Baths, 1 Half Bath
square feet
2223 Sqft
$711,000 - $867,000
Reference Base Price*
5.53%
Since Dec 1, 2022
National-US
Primary Model
Sold Oct 23, 2020
$655,000
Sold May 08, 2019
$590,995
$472,796 by Tbi Mortgage Company
Mortgage Due Jun 01, 2049

About This Property

This Toll Bros Sundance model is the one you have been waiting on! Gently-lived in 2200 square foot floorplan includes 2 BR, 2.5 BA. Sunlight floods the gourmet kitchen with quartz counters and large dining space. Living room is lined with large picture windows. Separate den provides extra space to relax. The fully covered patio is perfect for tranquility; with a water feature and privacy; it sides to open space, so no buildings on the side nor back can be built. Showings begin 7/1.

The manager has listed the unit size as 2223 square feet.
Unit Size
2,223Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$355
Property Type
House
Property Taxes
$448
HOA Dues
$485
Year Built
2018

Price History

Date / Event Date Event Price
Nov 29, 2022 No longer available -
No longer available
Oct 15, 2022 Price Decreased $789,000
↓ $61K (7.2%)
Price Decreased
Aug 17, 2022 Price Decreased $850,000
↓ $10K (1.2%)
Price Decreased
Jul 20, 2022 Price Decreased $860,000
↓ $29K (3.3%)
Price Decreased
Jun 30, 2022 Listed $889,000
Listed
Show More

Property Highlights

Fireplace
Garage
With View

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • 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: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,652
  • Total Building Area: 2,703
  • Gross Building Area: 2,703
  • Building Area: 2,223
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,223
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: DAMONTE RANCH VILLAGE 6-2
  • Land Acres: 0.153
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DAMONTE RANCH VILLAGE 6-2 LOT 414

Ownership

  • Current Owner : THULL RICHARD
  • Current Owner 2: THULL ROSEMARY
  • Previous Owner : CUMMING WILEY
  • Previous Owner 2: CUMMING SUE
  • Owner Before Previous Owner: TOLL SOUTH RENO LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: PD

Geography

  • Parcel: 141-512-08
  • Lot: 414
  • Meridian: SEC 10 TWN 18N RNG 20E
  • Municipality: CITY OF RENO
  • Latitude: 39.437
  • Longitude: -119.726

    Address

  • Full Address: 1987 Phaethon Ln
  • Address - House Number: 1987
  • 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: $5,701
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.0659
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 96
  • Final Value: 860,785
  • High Value: 917,546
  • Low Value: 804,023

    Market Valuation

  • Market Total Value: $445,711
  • Market Land Value: $114,100
  • Market Improvement Value: $331,611

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $203,242
  • Assessed Land Value: $52,535
  • Assessed Improvements Value: $150,707

    Sales

  • Current Sale Contract Date: Oct 20, 2020
  • Current Sale Recording Date: Oct 23, 2020
  • Current Sale Transaction ID: 11794316385
  • Current Sale Price: $655,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5094699
  • Previous Sale Recording Date: May 08, 2019
  • Previous Sale Contract Date: May 07, 2019
  • Previous Sale Amount: $590,995
  • Previous Sale Document Type: Bargain and Sale Deed

    Previous Mortgages

  • Previous Mortgage Lender: TBI MORTGAGE COMPANY
  • Previous Mortgage Transaction Date: May 08, 2019
  • Previous Mortgage Loan Amount: $472,796
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2049



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
2.5 Baths
2,223 ft²
$394/ft²
$875,000 Mar 31, 2023
-
$941/mo
House
2 Beds
2.5 Baths
2,267 ft²
$356/ft²
$808,000 May 23, 2022
-
$952/mo
House
2 Beds
2 Baths
1,690 ft²
$414/ft²
$700,000 Feb 17, 2023
-
$884/mo
House
2 Beds
2 Baths
1,690 ft²
$412/ft²
$696,000 Feb 10, 2023
-
$642/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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Nearby Rentals

Unit for rent at

$1,850 /mo

  • 2 Beds
  • 2 Baths
  • 1,069 ft²
Listing by Manager


Frequently Asked Questions

When was property at 1987 Phaethon Lane built and last sold?
The property at 1987 Phaethon Lane was built in 2018 and last sold on Oct 20, 2020 for $655,000.
How much is this home worth?
The estimated value of the home located at 1987 Phaethon Lane is $861,675.
What are some comparable homes to 1987 Phaethon Lane?
Homes that are comparable to 1987 Phaethon Lane include a house property at 2220 Arpagos Lane, 2255 Maximus Lane, 1981 Phaethon Lane.

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