See Home Value
Washoe 89704
7299 Franktown Road
$2,484,406*
House - Off Market

7299 Franktown Road

Washoe Valley, NV 89704
bedrooms
7 Beds
bathrooms
8.5 Baths, 1 Half Bath
square feet
6314 Sqft
$2,250,000 - $2,750,000
Reference Base Price*
-0.62%
Since Oct 1, 2023
National-US
Primary Model
Sold Nov 15, 2023
$2,800,000
Sold Jun 02, 2003
$1,353,750

About This Property

The historic Franktown Lighting W Ranch is a Washoe Valley landmark nestled in the Sierra Nevada with towering pines, deciduous trees, rolling lawns, magical ponds and beautiful views of Washoe Lake and Valley and the mountain ranges. The gated parcel totals 5.58 acres with 2 houses, 2 apartments, garages for 5 cars, ponds, tennis court, abundant water rights & a golf course across the street. Carefully updated over the years reflecting the best of the past with all the comforts of the present.

The manager has listed the unit size as 6314 square feet.
Unit Size
6,314Ft²
Days on Market
-
Land Size
5.58 acres
Price per sqft
$396
Property Type
House
Property Taxes
$7,448
HOA Dues
$450
Year Built
1946

Price History

Date / Event Date Event Price
Nov 15, 2023 Sold to Karen Y Grey-levine, Larry ... $2,800,000
Sold to Karen Y Grey-levine, Larry ...
Sep 21, 2023 No longer available -
No longer available
Sep 2, 2023 Price Decreased $2,500,000
↓ $450K (15.3%)
Price Decreased
Jun 28, 2023 Price Decreased $2,950,000
↓ $745K (20.2%)
Price Decreased
Apr 6, 2023 Price Decreased $3,695,000
↓ $2M (32.8%)
Price Decreased
Show More

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Building Count: 3
  • Bedroom Count: 7
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 30
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 3
  • Basement Type: Unfinished basement
  • Basement Area: 657
  • Garage Type: Attached
  • Garage Square Area: 660
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 243,108
  • Lot Size Frontage Feet: 50
  • Total Building Area: 8,867
  • Gross Building Area: 9,273
  • Building Area: 6,314
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 6,314
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LIGHTNING W RANCH PINES SUB
  • Land Acres: 5.581
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: LIGHTNING W RANCH PINES FRAC LOT 6

Ownership

  • Current Owner : LEVINE LARRY A
  • Current Owner 2: GREY-LEVINE KAREN Y
  • Previous Owner : RAMSDELL FAMILY REVOCABLE TRUST
  • Owner Before Previous Owner: THE RAMSDELL FAMILY REVOCABLE TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 003206

Zoning

  • Zoning: MDR

Geography

  • Assessors Map Reference: 055-21
  • Parcel: 055-210-20
  • Lot: 6
  • Municipality: TRUCKEE MEADOWS F.P.D
  • Latitude: 39.2332
  • Longitude: -119.832

    Address

  • Full Address: 7299 Franktown Rd
  • Address - House Number: 7299
  • Address - Street Name: Franktown
  • Address - Suffix Type: Rd
  • State: NV
  • City Name: Washoe Valley
  • Carrier Code: H002
  • 4-Digit Zip Code: 8570
  • Zip Code: 89704

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,448
  • Tax Rate Code Area: 4000

    Appraisal Valuation

  • Standard Deviation: 0.4014
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 19
  • Final Value: 1,145,828
  • High Value: 1,605,794
  • Low Value: 685,861

    Market Valuation

  • Market Total Value: $601,091
  • Market Land Value: $320,000
  • Market Improvement Value: $281,091

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $301,279
  • Assessed Land Value: $166,250
  • Assessed Improvements Value: $135,029

    Sales

  • Current Sale Contract Date: Nov 09, 2023
  • Current Sale Recording Date: Nov 15, 2023
  • Current Sale Transaction ID: 11916083696
  • Current Sale Price: $2,800,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5419156
  • Previous Sale Recording Date: Jun 02, 2003
  • Previous Sale Contract Date: May 28, 2003
  • Previous Sale Amount: $1,353,750
  • Previous Sale Document Type: Bargain and Sale Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Washoe


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 5350 Franktown Rd, Washoe Valley, NV, 89704

$1,895 /mo

  • 1 Bed
  • 1 Bath
  • 1,410 ft²
5350 Franktown Rd #B, Washoe Valley, NV, 89704 Listing by David Martin


Frequently Asked Questions

When was property at 7299 Franktown Road built and last sold?
The property at 7299 Franktown Road was built in 1946 and last sold on Nov 9, 2023 for $2,800,000.
How much is this home worth?
The estimated value of the home located at 7299 Franktown Road is $3,731,950.
What are some comparable homes to 7299 Franktown Road?
There are currently no comparable homes to 7299 Franktown Road.

Quantcast