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10518 Iron Point Circle

10518 Iron Point Circle, Reno, NV 89521
Property in Double Diamond
Sold Sep 08, 2022
$499,000
$474,000 by Caliber Home Loans Inc
Mortgage Due Oct 01, 2052
Sold Jan 17, 2018
$345,000
$338,751 by New Penn Financial Llc
Mortgage Due Feb 01, 2048
Local assessors in Reno, NV have categorized 10518 Iron Point Circle as a residential type of property. The home was built in 2003 and is 21 years old. The property's lot size has been calculated to be 4,305 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 10518 Iron Point Circle has a total of 1,645 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 480 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of concrete. Lots of a combination of material were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 10518 Iron Point Circle was last sold in Aug 30, 2022 for $499,000. According to our calculations, that's $234.82 per sqft. Prior to that sales transaction, the property was sold for $345,000 in Jan 16, 2018. Current property owners are expected to pay $3,081 in taxes per year. The property on 10518 Iron Point Circle was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $104,164. To break that down further, the land itself was valued at $28,823. While improvements to the property were assessed at a total of $75,341. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Stucco Exterior

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 11
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,305
  • Total Building Area: 2,125
  • Gross Building Area: 2,125
  • Building Area: 1,645
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,645
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: DOUBLE DIAMOND RANCH VILLAGE 6D
  • Land Acres: 0.099
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DOUBLE DIAMOND RANCH 6D LT 237

Ownership

  • Current Owner : LENORA LAURI
  • Previous Owner : HAMEED MUHAMMAD F
  • Previous Owner 2: HAMEED HINA
  • Owner Before Previous Owner: WILLIAMS MICHAEL E
  • Owner Before Previous Owner 2: WILLIAMS CAMBRIA N
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 002207

Zoning

  • Zoning: PD

Geography

  • Assessors Map Reference: 160-84
  • Parcel: 160-841-22
  • Lot: 237
  • Municipality: CITY OF RENO
  • Latitude: 39.4299
  • Longitude: -119.743

    Address

  • Full Address: 10518 Iron Point Cir
  • Address - House Number: 10518
  • Address - Street Name: Iron Point
  • Address - Suffix Type: Cir
  • State: NV
  • City Name: Reno
  • Carrier Code: R049
  • 4-Digit Zip Code: 4224
  • Zip Code: 89521

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,081
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.1632
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 522,551
  • High Value: 607,851
  • Low Value: 437,252

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $474,000
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Sep 08, 2022
  • First Open Lien Mortgage Loan Amount: $474,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2052

    Market Valuation

  • Market Total Value: $226,265
  • Market Land Value: $59,310
  • Market Improvement Value: $166,955

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $104,164
  • Assessed Land Value: $28,823
  • Assessed Improvements Value: $75,341

    Sales

  • Current Sale Contract Date: Aug 30, 2022
  • Current Sale Recording Date: Sep 08, 2022
  • Current Sale Transaction ID: 11895821291
  • Current Sale Price: $499,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5331552
  • Previous Sale Recording Date: Jan 17, 2018
  • Previous Sale Contract Date: Jan 16, 2018
  • Previous Sale Amount: $345,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Sep 08, 2022
  • First Mortgage Loan Amount: $474,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: NEW PENN FINANCIAL LLC
  • Previous Mortgage Transaction Date: Jan 17, 2018
  • Previous Mortgage Loan Amount: $338,751
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Feb 01, 2048

About Double Diamond



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Frequently Asked Questions

What neighborhood is 10518 Iron Point Circle located in?
The 10518 Iron Point Circle is a located in the neighborhood of Double Diamond in Double Diamond, Reno.
What is the average sales price for listings in 10518 Iron Point Circle?
The average sales price for units in 10518 Iron Point Circle is $0 currently.

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