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5480 Cypress Point Dr; Reno, NV Property Details

5480 Cypress Point Dr, Reno, NV is a Single Family that was built in 1984. This property is currently a cash purchase and is for sale. Our records show that 5480 Cypress Point Dr has 3 bedrooms, and 2.5 bathrooms, and a total of 3,231 square feet. The lot size of 5480 Cypress Point Dr is 24,816 square feet.

On Market for 45 days
5480 Cypress Point Dr Reno, NV 89502
$2,250,000 Listing Price
3 Beds
2.5 Baths
3,231 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1984
  • Purchase Price: $504,000
  • Open Loans / Balance: 1 / $597,026
  • Est. Equity / %: $857,974 / 58.97%
  • Gross Yield: 5.905%
  • APN: 051-241-18
  • Situs County: Washoe
  • Length Of Ownership: 8 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Wood Siding
  • Building Condition: Good
  • Building Quality: B
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Septic
  • Water Source: Municipal
  • Deck: true

Measurements

  • Total: 3,231/SqFt
  • Lot: 24,816/SqFt
  • Gross: 5,282/SqFt
  • Garage: 2,051/SqFt
  • Living: 3,231/SqFt
  • Building: 5,282/SqFt
  • Ground: 3,231/SqFt
  • Price Per Square Foot: $155.99

Legal Description

  • Description: HIDDEN VALLEY 5 LT 8 & FRAC LT 9 BLK V
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Washoe County School District
  • Lat / Lon: 39.482986 / -119.7254
  • Subdivision: Hidden Valley Subdivision 5
  • Property Class: Residential
  • Zoning: MDS
  • County Use Code: 200

Amenities

  • Plus Four: 9542
  • Bathroom Fixtures: 14
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

5480 Cypress Point Dr has no associated ownership info
5480 Cypress Point Dr has no associated ownership info.

Taxes

5480 Cypress Point Dr has 10 associated Taxes items

5480 Cypress Point Dr, Reno, NV pays taxes in Washoe County, NV. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $343,215. The APN we've located for 5480 Cypress Point Dr is 051-241-18.

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Taxes
  • Assessed Value:  $343,215
  • Assessed Year:  2026
  • Assessed County:  Washoe
  • APN:  051-241-18
  • Assessed Land Value:  88813
  • Market Land Value:  136050
  • Tax Amount:  6563.91
  • Tax Year:  2025
  • Market Value:  296134
  • Market Year:  2021

Tax History

5480 Cypress Point Dr has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $343,215 Land Value $88,813 Improvement Value $254,403 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $6,563.91 Change Rate -0.188611% Assessed CR Tax Rate
Year 2024 Assessed Value $323,913 Land Value $78,908 Improvement Value $245,006 Tax Amount $8,089.72 Change Rate +0.029883% Assessed CR Tax Rate +0.024975%
Year 2023 Assessed Value $307,370 Land Value $78,908 Improvement Value $228,463 Tax Amount $7,854.99 Change Rate +0.009792% Assessed CR Tax Rate +0.025555%
Year 2022 Assessed Value $251,613 Land Value $61,950 Improvement Value $189,663 Tax Amount $7,778.82 Change Rate +1.457918% Assessed CR Tax Rate +0.030916%
Year 2021 Assessed Value $103,647 Land Value $47,618 Improvement Value $56,029 Tax Amount $3,164.8 Change Rate +0.06363% Assessed CR Tax Rate +0.030534%
Year 2020 Assessed Value $104,506 Land Value $47,618 Improvement Value $56,888 Tax Amount $2,975.47 Change Rate +0.051258% Assessed CR Tax Rate +0.028472%
Year 2019 Assessed Value $99,831 Land Value $43,995 Improvement Value $55,836 Tax Amount $2,830.39 Change Rate +0.045312% Assessed CR Tax Rate +0.028352%
Year 2018 Assessed Value $88,480 Land Value $33,128 Improvement Value $55,352 Tax Amount $2,707.7 Change Rate +0.057571% Assessed CR Tax Rate +0.030602%
Year 2017 Assessed Value $87,658 Land Value $31,658 Improvement Value $56,000 Tax Amount $2,560.3 Change Rate +0.045755% Assessed CR Tax Rate +0.029208%
Year 2016 Assessed Value $87,006 Land Value $29,204 Improvement Value $57,802 Tax Amount $2,448.28 Change Rate +0.032507% Assessed CR Tax Rate +0.028139%
Year 2015 Assessed Value $80,197 Land Value $24,647 Improvement Value $55,550 Tax Amount $2,371.2 Change Rate -0.00481% Assessed CR Tax Rate +0.029567%
Year 2014 Assessed Value $75,206 Land Value $20,895 Improvement Value $54,311 Tax Amount $2,382.66 Change Rate Assessed CR Tax Rate +0.031682%
Year 2013 Assessed Value $72,735 Land Value $18,806 Improvement Value $53,929 Tax Amount Change Rate Assessed CR Tax Rate