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1120 South University Park Loop

1120 South University Park Loop, Reno, NV 89512
Sold Feb 14, 2020
$450,000
Sold Jun 26, 2012
$199,000
$159,200 by Mason Mcduffie Mortgage Corp
Mortgage Due Jul 01, 2042
1120 South University Park Loop has been categorized by the local assessors in Reno, NV as a residential type of property. The building on the property was first built in 2006 and is 18 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1120 South University Park Loop has 2,025 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 9,093 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 632 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of concrete. The exterior walls of the building are made of a combination of material. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1120 South University Park Loop sold most recently in Feb 10, 2020 for a total of $450,000. If you work out the math, that's approximately a cost of $169.36 per sqft. Before that, the property was also sold for $199,000 in May 30, 2012. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,275 in taxes each year. 1120 South University Park Loop was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $152,819. If we break it down further, the land itself was valued at $42,525. Improvements to the property, however, were assessed at a total of $110,294. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, 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: 2006
  • Effective Year Built: 2006
  • 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: 632
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,093
  • Total Building Area: 2,657
  • Gross Building Area: 2,657
  • Building Area: 2,025
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,025
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: UNIVERSITY RIDGE 7 & 9 PH 1
  • Land Acres: 0.209
  • Standard Land Use Code: Single family residential
  • Legal Description 1: UNIVERSITY RIDGE 7 & 9 PH 1 LT 17

Ownership

  • Current Owner : MUELLER JULIA
  • Previous Owner : PITCHFORD MARC
  • Previous Owner 2: PITCHFORD ANN
  • Owner Before Previous Owner: GALLUCCI SHERI

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 001501

Zoning

  • Zoning: PD

Geography

  • Assessors Map Reference: 003-78
  • Parcel: 003-781-17
  • Lot: 17
  • Meridian: SEC 35 TWN 20N RNG 19E
  • Municipality: CITY OF RENO
  • Latitude: 39.5632
  • Longitude: -119.809

    Address

  • Full Address: 1120 S University Park Loop
  • Address - House Number: 1120
  • Street Direction: S
  • Address - Street Name: University Park
  • Address - Suffix Type: Loop
  • State: NV
  • City Name: Reno
  • Carrier Code: C069
  • 4-Digit Zip Code: 4558
  • Zip Code: 89512

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,275
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.1586
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 648,567
  • High Value: 751,485
  • Low Value: 545,649

    Market Valuation

  • Market Total Value: $328,353
  • Market Land Value: $82,800
  • Market Improvement Value: $245,553

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $152,819
  • Assessed Land Value: $42,525
  • Assessed Improvements Value: $110,294

    Sales

  • Current Sale Contract Date: Feb 10, 2020
  • Current Sale Recording Date: Feb 14, 2020
  • Current Sale Transaction ID: 11738755391
  • Current Sale Price: $450,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5001148
  • Previous Sale Recording Date: Jun 26, 2012
  • Previous Sale Contract Date: May 30, 2012
  • Previous Sale Amount: $199,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Feb 14, 2020
  • First Mortgage Loan Amount: $260,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: MASON MCDUFFIE MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jun 26, 2012
  • Previous Mortgage Loan Amount: $159,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2042

About University Ridge



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Frequently Asked Questions

What neighborhood is 1120 South University Park Loop located in?
The 1120 South University Park Loop is a house located in the neighborhood of University Ridge in University Ridge, Reno.
What is the average sales price for listings in 1120 South University Park Loop?
The average sales price for units in 1120 South University Park Loop is $0 currently.

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