*** MOTIVATED SELLERS*** Rare opportunity for a very private Arrow Creek Lot. This parcel is surrounded by 40 acres of common area. Very Quiet and Serene location. Owner has plans for a 5800 + square foot home. Arrowcrrek is a secured gated community. The amenities include 3 pools, tennis, exercise area and walking trails.
Property Details
Property Features
Listing Office:
Office Name: New Dimensions, Inc.
Office Phone: (775) 322-1093
Listing Agent: Peter Bosco
Exterior Features
Exterior Information:
View: Mountain(s)
Exterior: None
Lot Features
Lot Information:
Lot Size: 0.87 Acres
Other
Directions Information:
Directions: Masters
Price Information
Listing Price Info
Price Summary:
List Price: $480,000
HOA Fees:
Amount: $276
Frequency: Monthly
Tax Information:
Annual Amount: $1,027
Tax Year: 2020
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Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Aug 16, 2021
Aug 16, 2021Home Sold
$380,000
Oct 24, 2005
Oct 24, 2005Home Sold
$351,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$1,027
$54,321
2019
$917
$48,786
2018
$876
$46,941
2017
$841
$43,276
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Ted Hunsburger Elementary School
2505 Crossbow Ct
Distance between this listing and this school2.17 miles
Public Magnet Grades KG-5
8
/10
Elizabeth Lenz Elementary School
2500 Homeland Dr
Distance between this listing and this school3.06 miles
Public District Grades KG-5
6
/10
Huffaker Elementary School
980 Wheatland Rd
Distance between this listing and this school3.43 miles
Public District Grades KG-5
Nearby Schools
8
/10
Doral Academy of Northern Nevada
3725 Butch Cassidy Dr
Distance between this listing and this school3.74 miles
Public Charter Grades KG-8
4
/10
Edward L. Pine Middle School
4800 Neil Rd
Distance between this listing and this school4.67 miles
Public Magnet Grades 6-8
8
/10
Kendyl Depoali Middle School
9300 Wilbur May Pkwy
Distance between this listing and this school5.47 miles
Public District Grades 6-8
Nearby Schools
9
/10
Galena High School
3600 Butch Cassidy Dr
Distance between this listing and this school3.95 miles
Public District Grades 9-12
9
/10
Coral Academy High School
6275 Neil Rd
Distance between this listing and this school3.98 miles
Public Charter Grades 9-12
7
/10
North Star Online School
5450 Riggins Ct Ste 6
Distance between this listing and this school4.52 miles
The neighbors living near this home have an average income of $127,667. The majority of Reno, NV residents have income between $100k-200k annually. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5882 Mormon Tea Way
What is the listing price of this property?
The listing price of 5882 Mormon Tea Way property is $480,000.
What type of property is this?
The property 5882 Mormon Tea Way is land located in Reno, Nevada, 89511.
Is this property for sale now?
Active Listing: 5882 Mormon Tea Way is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1,027 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on August 16, 2021 for $380,000. (source: MLS/tax record).
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This home is located at 5882 Mormon Tea Way in Reno, NV and zip code 89511. This home sits on a 0.87 acre lot. It has been listed on Rocket Homes since July 25, 2024 and is currently priced at $480,000.
In October 2024 more than 51 listings in Reno, NV were sold above the asking price. During the same period more than 88 listings were sold at asking price, while more than 165 were sold below. The number of homes for sale in Reno, NV increased by 1.9% between September 2024 and October 2024. In October 2024 median list price was $570,655 and the average listing age was 78 days.
From Rocket Homes Real Estate and based on county public records data.