#250003323, Kelly Tripp, Listing Office: Ferrari-Lund Real Estate Reno
Property details
About 5882 Mormon Tea Way
*** MOTIVATED SELLERS*** REDUCED $60.000 *** 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. This lot is very buildable with minimal dirt work required. Arrowcreek is a secured gated community. The amenities include 3 pools, tennis, exercise area and walking trails.
Highlights
Home typeVacant Land
StatusActive
(Price Reduced)
(Price Reduced)
Lot size0.87 Acres
MLS #240009468
ViewMountain(s)
Summary
- View: Mountain(s)
- Exterior: None
- List Price: $369,000
- HOA Amount: $276
- HOA Frequency: Monthly
- Annual Tax Amount: $1,197
- Tax Year: 2023
- Directions: Masters
- Lot Size: 0.87 Acres
- MLS Number: 240009468
- Office Name: New Dimensions, Inc.
- Office Phone: (775) 322-1093
- Listing Agent: Peter Bosco
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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: 4/29/2025, 1:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$369,000
5882 Mormon Tea Way
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 16, 2021 | Home Sold | $380,000 |
| Mar 12, 2021 | Home Sold | $230,000 |
| Oct 24, 2005 | Home Sold | $351,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $98,578 | $1,197 |
| 2022 | $83,698 | $1,109 |
| 2021 | $56,136 | $1,109 |
| 2020 | $54,321 | $1,027 |
| 2019 | $48,786 | $917 |
| 2018 | $46,941 | $875 |
| 2017 | $43,276 | $840 |
History based on county public records data.
Nearby schools
8
Ted Hunsburger Elementary School
Public Magnet KG-5
2.2 mi
•2505 Crossbow Ct
8
Elizabeth Lenz Elementary School
Public District KG-5
3.1 mi
•2500 Homeland Dr
6
Huffaker Elementary School
Public District KG-5
3.4 mi
•980 Wheatland Rd
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 $127,667. Most Reno, NV residents have annual incomes between $100k-200k. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
8%
<35k
23%
35k-100k
44%
100k-200k
25%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
12%
Single, No Kids
5%
Single, with Kids
50%
Married, No Kids
33%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
8%
12-17 yrs old
7%
18-34 yrs old
51%
35-64 yrs old
18%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
PGA/LPGA
Figure Skating
Where do the neighbors shop?
BJs Wholesale Club
Stein Mart
Kmart
Where do the neighbors go to eat?
Panera
Cracker Barrel
Bob Evans
What do the neighbors drive?
Infiniti
Lexus
Lincoln
What do the neighbors listen to?
Adult Hits
Oldies
News/Talk/Information
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5882 Mormon Tea Way
The listing price of 5882 Mormon Tea Way property is $369,000.
The property 5882 Mormon Tea Way is land located in Reno, Nevada, 89511.
Active Listing: 5882 Mormon Tea Way is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5882 Mormon Tea Way are: Ted Hunsburger Elementary School (GreatSchools Rating 8/10), Elizabeth Lenz Elementary School (GreatSchools Rating 8/10), Huffaker Elementary School (GreatSchools Rating 6/10), Marce Herz Middle School (GreatSchools Rating 7/10), Doral Academy of Northern Nevada (GreatSchools Rating 8/10), Edward L. Pine Middle School (GreatSchools Rating 4/10), Nevada State High School II Meadowwood (GreatSchools Rating 8/10), Galena High School (GreatSchools Rating 6/10), Coral Academy High School (GreatSchools Rating 9/10).
According to the records, the last property tax for 2023 is $1,197 (source: MLS/based on county public records data).
The last sale was on August 16, 2021 for $380,000 (source: MLS/tax record).
The property 5882 Mormon Tea Way is 0.87 acres.
This home is located at 5882 Mormon Tea Way in Reno, NV and zip code 89511. Features: 0 bathroom. It has been listed on Rocket Homes since July 25, 2024 and is currently priced at $369,000.
In March 2025, from all listings sold in Reno, NV there were more than 56 sold above asking price, over 138 sold below and more than 79 were sold right at the asked price. Between February and March 2025, Reno, NV real estate market has seen increase in the number of listings by 15.7%. Listings spent 85 days on the market in March 2025, and had a median list price of $578,663 during the same period.
From Rocket Homes Real Estate and based on county public records data.