See Home Value
Reno 89523 Sierra Highlands
5500 E Rainbow Ridge Ct.
$450,000 - $548,000
House - Off Market

5500 E Rainbow Ridge Ct.

Reno, NV 89523
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1670 Sqft
Sold Feb 26, 2013
$173,500
$130,125 by Sterling Savings Bank
Mortgage Due Mar 01, 2043
Sold Feb 13, 2013
$173,500
Seller
$130,125 by Sterling Savings Bank
Mortgage Due Mar 01, 2043

About This Property

Cathedral ceilings and hardwood floor highlight this home in Northwest Reno.  The breakfast bar off the kitchen gives extra space for seating and guests next to the river stone fireplace in the dining room to give a warm ambience for entertaining.  The primary bedroom has ample space, with his and hers sink and a large walk-in closet.  Located at the end of the cul-de-sac with RV Parking and access to a fenced-in backyard.

The manager has listed the unit size as 1670 square feet.
Unit Size
1,670Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$299
Property Type
House
Property Taxes
$222
HOA Dues
-
Year Built
1988

Price History

Date / Event Date Event Price
Mar 19, 2024 No longer available -
No longer available
Mar 13, 2024 Price Decreased $499,900
↓ $10K (2%)
Price Decreased
Jan 19, 2024 Listed $510,000
Listed
Feb 13, 2013 Sold to Andrew W Darcy $173,500
Sold to Andrew W Darcy

Property Highlights

Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 457
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,937
  • Total Building Area: 2,127
  • Gross Building Area: 2,157
  • Building Area: 1,670
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,670
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SIERRA HIGHLANDS 5
  • Land Acres: 0.297
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SIERRA HIGHLANDS 5 LT 5 BLK A

Ownership

  • Current Owner : ARCY ANDREW W D
  • Previous Owner : FANNIE MAE
  • Owner Before Previous Owner: FANNIE MAE

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 002407

Zoning

  • Zoning: SF8

Geography

  • Assessors Map Reference: 039-45
  • Parcel: 039-451-05
  • Block: A
  • Lot: 5
  • Municipality: CITY OF RENO
  • Latitude: 39.5329
  • Longitude: -119.875

    Address

  • Full Address: 5500 E Rainbow Ridge Ct
  • Address - House Number: 5500
  • Street Direction: E
  • Address - Street Name: Rainbow Ridge
  • Address - Suffix Type: Ct
  • State: NV
  • City Name: Reno
  • Carrier Code: C091
  • 4-Digit Zip Code: 1534
  • Zip Code: 89523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,668
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.0661
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 96
  • Final Value: 506,760
  • High Value: 540,295
  • Low Value: 473,226

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $130,125
  • First Open Lien Mortgage Lender: STERLING SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Feb 13, 2013
  • First Open Lien Mortgage Loan Amount: $130,125
  • 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: Mar 01, 2043

    Market Valuation

  • Market Total Value: $178,545
  • Market Land Value: $66,975
  • Market Improvement Value: $111,570

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $87,584
  • Assessed Land Value: $39,235
  • Assessed Improvements Value: $48,349

    Sales

  • Current Sale Contract Date: Feb 11, 2013
  • Current Sale Recording Date: Feb 26, 2013
  • Current Sale Transaction ID: 1106374972
  • Current Sale Price: $173,500
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 4209026
  • Previous Sale Recording Date: Feb 13, 2013
  • Previous Sale Contract Date: Feb 11, 2013
  • Previous Sale Amount: $173,500
  • Previous Sale Document Type: Bargain and Sale Deed

    Previous Mortgages

  • Previous Mortgage Lender: STERLING SAVINGS BANK
  • Previous Mortgage Transaction Date: Feb 13, 2013
  • Previous Mortgage Loan Amount: $130,125
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2043



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2.5 Baths
1,388 ft²
$367/ft²
$510,000 Dec 14, 2023
-
$159/mo

About McQueen


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Frequently Asked Questions

When was property at 5500 East Rainbow Ridge Court built and last sold?
The property at 5500 East Rainbow Ridge Court was built in 1988 and last sold on Feb 11, 2013 for $173,500.
How much is this home worth?
The estimated value of the home located at 5500 East Rainbow Ridge Court is $517,201.
What are some comparable homes to 5500 East Rainbow Ridge Court?
Homes that are comparable to 5500 East Rainbow Ridge Court include a house property at 5932 Shadow Park Drive, located in Reno, NV.

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