Maximize the profit potential of

5940 Platinum Ridge Ct,Reno, NV 89523

3

beds

2

baths

1,440

sqft

Built

1999
9,583

sqft Lot

1

story

2

car garage

A/C

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5940 Platinum Ridge Ct
Home value
Details
Homeowner tools
Reno ROI
Permits
Neighborhood
Comps
Sales nearby
Schools
Maintenance

Details for 5940 Platinum Ridge Ct, Reno, NV 89523

Located in the Silverado Ranch Estates 8 neighborhood, this property was built in 1999, and had 1 construction permits in the year 2020.

General details

Table iconBuilt in:1999
Table iconBedrooms:3
Table iconBathrooms:2
Table iconSchool district:-
Table iconCounty:Washoe

Price and tax history

Table iconLand value:$26,810
Table iconProperty tax:$2,297.06
Table iconProperty tax year:2021
Table iconSale date:12/22/2022
Table iconSale price:$565,000

Interior details

Table iconBasement:No
Table iconStories/floors:1
Table iconWaterfront:No
Table iconTotal rooms:5

5940 Platinum Ridge Ct information

Table iconType:-
Table iconUse:Single Family Residence
Table iconLot size:9,583 sqft
Table iconBuilding size:1,440 sqft

Exterior of the house

Table iconGarage:2 cars, Attached garage
Table iconRoof:-
Table iconExternal walls:Stucco
Table iconPool:No

House fixtures

Table iconHeating:Forced Air Unit
Table iconFire place:No
Table iconAir Conditioning:Yes
Table iconHeater replacement:-

This beautiful 1 story residential property has 1,440 sq ft of living space. It has a 2-car garage space. In total, the home has 5 rooms.

This house has A/C to keep your home cool and comfortable.

This property was last sold for $565,000 on 12/22/2022 and its property tax value is $2,297.06 from 2021

Homeowner Tools

Solutions that adapt to each specific house to provide the best insights to improve home value
Remodel cost estimator
Remodel cost estimator

5940 Platinum Ridge Ct could benefit from a Bedroom addition, try the cost estimator to determine the cost.

Estimate a remodel
Homeowner dashboard
Homeowner dashboard

Optimize home equity and keep it in shape with recommendations for seasonal tasks in 89523.

Unlock now
Refinance & loans
Refinance & loans

Try the quick, easy, no-obligation home financing tool that allows you to review your financing options

Learn more
Contractor Solutions
Contractor Solutions

Around Reno, there are 891 vetted contractors. Find the best one for your renovation project

Learn more

Growing Home Equity

Determining Home Equity can be difficult if you don’t have all your facts straight. Depending on where you live, certain projects can give more value to your home than others, and some projects can even reduce your home value!
For 5940 Platinum Ridge Ct you should think about remodeling your Bedroom, it can provide an ROI around 12%

ROI stands for Return on Investment, which is how investors, through a mathematical formula, determine the percent earned. A good ROI for a standard property in Reno, NV is about 9% of the total value of the property.

Renovation Return on Investment

Remodel:
Bedroom Addition
$69,870
Kitchen Renovation
$56,592
Master Bathroom Renovation
$19,522
Full Bathroom Renovation
$11,643
Cost to renovate
$157,628
Increase in home value 
$176,543

Forecasted value over the next 5 years

How do we calculate how much property value will change over 5 years?

For zip code 89523, we combine macroeconomic trends together with regional economic activity, plus we evaluate overall home price trends and the pace of construction in the area. We then apply data unique to Kukun in statistical forecasting models to arrive at the estimate of 35.7% growth in 5 years, with a statistical range between 27.03% and 44.46%
For zip code 89523, the graph shows a projected growth of 35.7% over the next five years, with a statistically significant range of growth between 27.03% and 44.46%.

The Kukun Home Dashboard shows how the Property Condition Score impacts both the home value and the forecasted home value.
5-year growth forecast
35.7
polygon%

5 YEAR GROWTH

NOW

-6.55%

GROWTH

1 YEARS

+3.56%

GROWTH

2 YEARS

3 YEARS

4 YEARS

5 YEARS

Construction permit history

A building permit is a binding document between the city and you, as a homeowner. Whenever you want to do big renovation project to your home, a project permit is required
2020
1 Permit

Condo new HVAC

#BLD2005723

Permit date:

01/22/2020

Status:

Approved

Type:

No data

Description:

Furnace and a c.gas to gas change out 60k btu fau and 2.5 ton a c unit.

Contractor:

No Data

Know Your Neighborhood

Neighborhood overview around 5940 Platinum Ridge Ct

Each Neighborhood is rated with factors like Air Quality, Transit, or Crime. Here the rating is from Green (Good to go) to Red (Facing challenges)

Walk

Car-Dependent

Almost all errands require a car

Transit

Minimal transit

It is possible to get on a bus

Crime

US average

Non violent offenses

Air Quality

Healthy

Air pollution poses little or no risk

Natural Hazards

Few high-risk hazards

High risk of Heatwaves, or Wildfires

Home values

See prices of homes nearby the subject home, with color coding for those that are in the same price range, those that are above, and those that are below
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Most recent activity

Comparable sales

Comparable homes are properties that have recently sold in the same neighborhood or in the area that is close to the subject home, which have a value that can be used as a benchmark. No two homes are exactly alike, so key differences are highlighted for comparison purposes

Subject home

Home Value

$556,800

Sale date 1/11/20

5940 Platinum Ridge Ct, Reno, NV

Property condition score

697

-122

3 Beds

2 Baths

1999 Year built

1,440 sqft

$386 /sqft

9,583 sqft lot

Comps

+0.1%

More expensive than similar sales

-1.2 Score

Property condition score is lower than average

Avg beds

Similar sales have the same number of beds

-130 sqft

This property has a smaller building size than average

+1 years

Newer than similar properties

Recent sales nearby

Address Price Sale date Bed /Bath Home sqft Year built Lot sqft
1 5874 Tappan Dr, Reno, NV 89523 $745,000 12/20/2022 4 / 3.0 2,526 1998 7,405
2 3095 Roxbury Dr, Reno, NV 89523 $725,000 10/20/2022 4 / 3.0 2,192 2000 6,969
3 5831 Brittania Dr, Reno, NV 89523 $569,000 11/28/2022 3 / 2.0 1,860 1997 8,276
4 2910 Ariel Dr, Reno, NV 89523 $685,000 09/26/2022 4 / 3.0 2,117 1998 6,534
5 5791 Brittania Dr, Reno, NV 89523 $525,000 01/10/2023 3 / 2.0 1,860 1996 8,712
6 2664 Red Bird Dr, Reno, NV 89523 $605,000 08/29/2022 3 / 2.0 1,927 2001 8,712
7 2550 Snow Partridge Dr, Reno, NV 89523 $669,000 11/03/2022 4 / 3.0 2,264 2002 8,276

Address

Price

Sale date

Bed /Bath

Home sqft

Year built

Lot sqft

0/7

5874 Tappan Dr, Reno, NV 89523

$745,000

12/20/2022

4 / 3.0

2,526

1998

7,405

3095 Roxbury Dr, Reno, NV 89523

$725,000

10/20/2022

4 / 3.0

2,192

2000

6,969

5831 Brittania Dr, Reno, NV 89523

$569,000

11/28/2022

3 / 2.0

1,860

1997

8,276

2910 Ariel Dr, Reno, NV 89523

$685,000

09/26/2022

4 / 3.0

2,117

1998

6,534

5791 Brittania Dr, Reno, NV 89523

$525,000

01/10/2023

3 / 2.0

1,860

1996

8,712

2664 Red Bird Dr, Reno, NV 89523

$605,000

08/29/2022

3 / 2.0

1,927

2001

8,712

2550 Snow Partridge Dr, Reno, NV 89523

$669,000

11/03/2022

4 / 3.0

2,264

2002

8,276

Neighborhood schools

1
Rollan D Melton Ellementary School(Elementary)

Rating 7/10  |  Distance: 0.4 miles   |  Private

2
George Westergard Elementary School(Elementary)

Rating 6/10  |  Distance: 1.3 miles   |  Private

3
Lion & Lamb Christian School(Elementary)

Distance: 1.4 miles   |  Private

4
Sarah Winnemucca Elementary School(Middle)

Rating 4/10  |  Distance: 1.5 miles   |  Private

5
B D Billinghurst Middle School(Middle)

Rating 5/10  |  Distance: 1.7 miles   |  Private

6
Mamie Towles Elementary School(Middle)

Rating 5/10  |  Distance: 1.9 miles   |  Private

7
Grace Warner Elementary School(Middle)

Rating 4/10  |  Distance: 2.0 miles   |  Private

8
Archie Clayton PreAp Academy Middle School(Middle)

Rating 5/10  |  Distance: 2.1 miles   |  Private

9
Robert Mc Queen High School(High)

Rating 5/10  |  Distance: 0.7 miles   |  Private

10
The Church Academy(High)

Distance: 1.6 miles   |  Private

Get the schools map and many more with an iHomeReport for $39.95Get an iHomeReport

As a trusted source of school data, we provide information and ratings from the U.S. Department of Education. Prospective buyers and renters can utilize this data as an initial resource in evaluating their preferred schools. To determine school enrollment eligibility, we advise you to conduct your own inquiries and reach out to schools or school districts directly for precise data. Kukun cannot guarantee the accuracy of this information.

Maintenance tasks

Seasonally adjusted

June

Deep clean entire home
Helps prevent the buildup of germs, dirt, and dust. It can also help to reduce allergens in the home and make it a more inviting space. Plus, helps the value of a home by extending the life of carpets, walls, and furniture.

June

Reverse ceiling fan blades to circulate air downwards
In the spring, reverse the ceiling fan blades or reverse the motor and operate the ceiling fan at low speed in the counterclockwise direction. This produces a downdraft that makes the room feel cooler.

June

Set sprinklers for very early morning, before sunrise
Setting sprinklers for early morning ensures that plants are watered before the sun rises and temperatures become too hot. This also helps to reduce water evaporation and allows for better absorption of the water into the soil.

June

Change HVAC air filters
Helps keep the air in your home clean by trapping dust and other airborne particles, reducing allergens and providing cleaner air to breathe. Helps your HVAC system run more efficiently and helps extend the life of the system.

Why?

Helps prevent the buildup of germs, dirt, and dust. It can also help to reduce allergens in the home and make it a more inviting space. Plus, helps the value of a home by extending the life of carpets, walls, and furniture.

See how

Are you the owner? get a free customized annual maintenance schedule with reminders when you claim your home.

FAQ for 5940 Platinum Ridge Ct, Reno, NV 89523

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