Selling Reno And Sparks Real Estate Blog

Reno Nevada Real Estate 5990 Omaha St 89506 Now Under Contract

5990 Omaha Street, Reno Nevada 89506 ~ Under Contract / No Longer Available

Listed By Terrie Leighton, Ferrari-Lund Real Estate

5990 Omaha St, Tleighton

5990 Omaha Street in Reno Nevada is a single story, single family home located in Panther Valley. This property was listed on 6.9.2010 and is now a pending short sale property. Pending short sale property means was there is a third party involved with this transaction, the mortgage lender. This home is being sold for less than what the current owners owes, therefore will reguire approval from the bank to close.

5990 Omaha Street is located in North Reno, just off of Virginia Street and 395N.  A great location near downtown Reno, the University of Nevada, Truckee Meadows Community College, the Rancho San Rafael Park, the freeway and so many great places to shop and dine. Home buyers like this Reno area for its rural, quiet setting the is close to town but still has the feel of being "away" from it all.

This home is not longer available but there are a few other similar homes in this neighborhood. For a complete list of homes, visit my LisitngBook website at www.TerrieLeighton.comto view other single family homes for sale in the Panther Valley. 

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REALTOR®

Certified Distressed Property Expert (CDPE)
Certified Default Resolution Specialist (CDRS)
Short Sales & Foreclosure Resource ~ Certified (SFR)

Ferrari-Lund Real Estate

775.846.5424

 

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1 comment • Terrie Leighton REALTOR® 775-846-5424 Northern Nevada Real Estate • June 18 2010 04:48PM

10325 Mountain Dew Circle, Reno Nevada - Sold Reno Nevada Real Estate

10325 Mountain Dew Circle, Reno Nevada 89523 ~

 Listed by Terrie Leighton, Realtor, Ferrari-Lund Real Estate

Selling price $215,000. This home was sold as a short sale and was successfully completed in 2010.

10325 Mountain Dew Cir ~ A Terrie Leighton Listing

10325 Mountain Dew Cir ~ Terrie Leighton

10325 Mountain Dew Cir ~ Terrie Leighton

10325 Mountain Dew Cir ~Terrie Leighton

Here are a few facts about this lovely Reno Nevada Home:

 This single story home is located in a cul - de - sac, has a two car garage but an additional driveway for extra parking! I think one of the best features that helped sell 10325 Mountain Dew Cir was the large lot it sits on. The extra parking with additional drive was very appealing to the buyers.

The back yard is fully landscaped with full sprinklers and a fence surrounding the property with a gate that leads to the pack walking trail. A large shed that sits near the south east corner in this large yard, will stay with the home.

Three bedrooms, two full bathrooms, a laundry room, living room, family room, dining room, wet bar, breakfast nook, high vaulted ceilings, hardwood floors and ceiling fans are some of the selling features of this charming home.

Annual property taxes are approximately $1,870. There are no CC&R's or a Home Owners Association in this area. The home was built in 1988 and is being sold at approximately $140.00 per square foot.

If you are looking for a home similar to this one, please see Serving Reno and Sparks for a list of homes that are being marketed in Northern Nevada.

 10325 Mountain Dew Circle, Reno Nevada 89523 Sold! Reno Nevada Real Estate

__________________________________________________________________________________________________

REALTOR®

Certified Distressed Property Expert (CDPE)
Certified Default Resolution Specialist (CDRS)
Short Sales & Foreclosure Resource ~ Certified (SFR)

Ferrari-Lund Real Estate

775.846.5424

 

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5 comments • Terrie Leighton REALTOR® 775-846-5424 Northern Nevada Real Estate • May 27 2010 01:44PM

Reno Nevada Market Report March 2010

Reno Nevada Market Statistics for March 2010

 

Here are your market statistics for single family homes sold in Reno Nevada for March 2010:

Sold = 299

Sold Price = $225,222

Average Days on the Market = 146

(Click here for the February Market Report to compare to March)

There were 299 single family homes sold in Reno, Nevada during March 2010. Approximately 92 of the 299 homes sold were bank owned / foreclosure properties.

 The average selling price of a Reno Nevada bank owned property in March 2010 was $173,065. Foreclosed properties spent an average of 83 days listed for sale in the Northern Nevada Regional Multiple Listing Service (NNRMLS).

There were 96 short sale properties sold during March. The average sold price of a short sale property was $195,345 and spent an average of 213 days listed in the NNRMLS.

 Active Listings:

Active Single Family Homes = 1124

Median Price = $299,000

Days on Market = 134

There are 1124 single family homes currently listed for sale in Reno Nevada. Out of the 1124 homes that are on the market in Reno, 322 are listed as short sale properties and 88 are listed as bank owned properties.

Now that the number of homes listed for sale with special conditions is lower than the number of homes listed without any special conditions, we could start to see prices stabilize. Once the real estate  market stabilizes we could see prices start to rise. Could this mean we have hit the so called "bottom of the market?" I believe that before we can safely say we need the next few months look like before we can safely say we our out of the current housing situation.

 

If you need help buying or selling your home in Reno, Nevada, finding the right Realtor can help make your real estate process simpler. Knowing what the Reno, Nevada real estate market is doing from month to month,  day to day, is key in being a successful buyer or seller. 

 Let me help you with your home buying or selling process. Visit my web site at www.servingrenoandsparks.com  to find different Northern Nevada neighborhoods might interest or sign up for a free LisitingBook account so you can search Northern Nevada properties at www.sellingrenoandsparks.listingbook.com.

Please remember the numbers in this market report are derived from the NNRMLS and are believed to be accurate, but they are not guaranteed!

Reno Nevada Market Report March 2010

__________________________________________________________________________________________________

REALTOR®

Certified Distressed Property Expert (CDPE)
Certified Default Resolution Specialist (CDRS)
Short Sales & Foreclosure Resource ~ Certified (SFR)

Ferrari-Lund Real Estate

775.846.5424

 

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2 comments • Terrie Leighton REALTOR® 775-846-5424 Northern Nevada Real Estate • May 12 2010 05:50PM