Backup offers
$8,075 Closing Credit¹
#250004622, Douglas Gore, Listing Office: eXp Realty
$594,000 List price
5501 E Rainbow Ridge Ct Reno, NV 89523
$7,054
Closing credit¹
4 beds
3 full
2,272 sqft
0.8 acres
$261 / sqft
House
Property details
About 5501 E Rainbow Ridge Ct
Blank slate to make your own! Large lot with mature sequoia trees. Home was being prepped for a remodel and just needing things completed. RV parking on side yard, 2 car garage plus half that was used as a workshop, currently has doors on it. New roof completed a year ago as well as tankless water heater installed.
Highlights
Home typeSingle Family Residence
HeatingNatural Gas
StatusAccepting Backup Offers
(Active Under Contract-Show)
(Active Under Contract-Show)
CoolingEvaporative Cooling
Size2,272 sqft
Lot size0.8 Acres
Year built1988
ParkingAttached
MLS #240012341
Attached garage2 spaces
ViewMountain(s)
Summary
- Full Bathrooms: 3
- Appliances: Dryer, Gas Range, Washer
- Flooring Type: None
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Attached
- View: Mountain(s)
- Exterior: None, Back Fence
- Heating: Natural Gas
- Cooling: Evaporative Cooling
- List Price: $594,000
- Price/SqFt: $261
- Annual Tax Amount: $2,795
- Tax Year: 2023
- Lot: Cul-De-Sac, Landscaped, Sprinklers In Front, Sprinklers In Rear
- Directions: Mae Anne Ave/ Rainbow Ridge DR.
- Year Built: 1988
- Stories: 2
- Living Area: 2,272 SqFt
- Lot Size: 0.8 Acres
- MLS Number: 240012341
- Office Name: Fathom Realty
- Office Phone: (888) 455-6040
- Listing Agent: Desiree Holland
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Northern Nevada Regional MLS. Real estate listings held by other brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information is supplied by seller and other third parties and has not been verified.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/25/2025, 1:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$594,000
5501 E Rainbow Ridge Ct
$7,054
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 31, 1992 | Home Sold | $176,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $103,168 | $2,795 |
| 2022 | $85,881 | $2,713 |
| 2021 | $74,660 | $2,636 |
| 2020 | $76,275 | $2,636 |
| 2019 | $72,030 | $2,451 |
| 2018 | $64,934 | $2,346 |
| 2017 | $63,379 | $2,291 |
History based on county public records data.
Nearby schools
5
Sarah Winnemucca Elementary School
Public District KG-5
0.7 mi
•1349 Backer Way
4
Grace Warner Elementary School
Public District KG-5
1.0 mi
•3075 Heights Dr
7
George Westergard Elementary School
Public District KG-5
1.1 mi
•1785 Ambassador Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $59,677. Most Reno, NV residents have annual incomes between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
33%
<35k
50%
35k-100k
14%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
47%
Single, No Kids
18%
Single, with Kids
18%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
8%
12-17 yrs old
30%
18-34 yrs old
38%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Continuing Education Courses
Figure Skating
Symphony or Opera
Where do the neighbors shop?
Express/Express For Men
Family Dollar
Chico's
Where do the neighbors go to eat?
Qdoba
Church's Chicken
Boston Market
What do the neighbors drive?
Volkswagen
Cadillac
Volvo
What do the neighbors listen to?
Urban Contemporary
Jazz
Talk/Personality
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5501 E Rainbow Ridge Ct
The listing price of 5501 E Rainbow Ridge Ct property is $594,000.
The property 5501 E Rainbow Ridge Ct is a house located in Reno, Nevada, 89523.
Accepting Backup Offers: 5501 E Rainbow Ridge Ct is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 5501 E Rainbow Ridge Ct are: Sarah Winnemucca Elementary School (GreatSchools Rating 5/10), Grace Warner Elementary School (GreatSchools Rating 4/10), George Westergard Elementary School (GreatSchools Rating 7/10), B. D. Billinghurst Middle School (GreatSchools Rating 6/10), Archie Clayton Middle School (GreatSchools Rating 7/10), Darrell C. Swope Middle School (GreatSchools Rating 8/10), Robert McQueen High School (GreatSchools Rating 6/10), Encompass Academy (GreatSchools Rating 3/10), Reno High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $2,795 (source: MLS/based on county public records data).
The last sale was on July 31, 1992 for $176,000 (source: MLS/tax record).
The property at 5501 E Rainbow Ridge Ct has 4 bedrooms and 3 bathrooms.
The property 5501 E Rainbow Ridge Ct is 2,272 SqFt (source: MLS/tax record).
The year of construction for 5501 E Rainbow Ridge Ct is 1988.
This home is located at 5501 E Rainbow Ridge Ct in Reno, NV and zip code 89523 in the McQueen neighborhood. This 2,272 square foot home, which was built in 1988, sits on a 0.80 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 25, 2024 and is currently priced at $594,000.
In April 2025, from all listings sold in Reno, NV there were more than 45 sold above asking price, over 154 sold below and more than 88 were sold right at the asked price. The number of homes for sale in Reno, NV increased by 11.8% between March and April 2025. In April 2025 median list price was $578,091 and the average listing age was 83 days.
From Rocket Homes Real Estate and based on county public records data.