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11245 Parma Way

11245 Parma Way, Reno, NV 89521
Sold Jun 22, 2018
$498,000
$434,500 by Guild Mortgage Co
Mortgage Due Sep 01, 2051
Sold Apr 20, 2007
$392,500
$313,872 by Countrywide Kb Home Loans
Mortgage Due May 01, 2037
11245 Parma Way in Reno, NV was first built in 2006 and is 18 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 11245 Parma Way has 2,881 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,055 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The roof of the home is made of concrete. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 511 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of a combination of material. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. The property was last sold in Jun 21, 2018 for $498,000. That's $146.82 per sqft. Prior to that sales transaction, the property was also sold in Apr 17, 2007 for $392,500. 11245 Parma Way was last assessed in 2024. The total value of the property was assessed at $166,607. Specifically, the land the property is located on was valued at $40,355. While improvements on the property were assessed at a total of $126,252. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,814. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Masonry 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: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 14
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 511
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,055
  • Total Building Area: 3,392
  • Gross Building Area: 3,392
  • Building Area: 2,881
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,881
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CARAMELLA RANCH
  • Land Acres: 0.139
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CARAMELLA RANCH LT 166

Ownership

  • Current Owner : ROSS JAMES R
  • Current Owner 2: WALLACE JUSTINE L
  • Previous Owner : TANGONAN THERESA L
  • Owner Before Previous Owner: KB HOME RENO INC
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 002219

Zoning

  • Zoning: SF8

Geography

  • Assessors Map Reference: 143-06
  • Parcel: 143-063-07
  • Lot: 166
  • Municipality: CITY OF RENO
  • Latitude: 39.4097
  • Longitude: -119.731

    Address

  • Full Address: 11245 Parma Way
  • Address - House Number: 11245
  • Address - Street Name: Parma
  • Address - Suffix Type: Way
  • State: NV
  • City Name: Reno
  • Carrier Code: R056
  • 4-Digit Zip Code: 4241
  • Zip Code: 89521

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,814
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.1599
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 824,164
  • High Value: 956,009
  • Low Value: 692,318

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $604,000
  • First Open Lien Mortgage Lender: GUILD MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Aug 20, 2021
  • First Open Lien Mortgage Loan Amount: $434,500
  • 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: Sep 01, 2051
  • Second Open Lien Mortgage Lender: NORTHPOINTE BANK
  • Second Open Lien Mortgage Recording Date: Jan 27, 2022
  • Second Open Lien Mortgage Loan Amount: $169,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Market Valuation

  • Market Total Value: $363,627
  • Market Land Value: $81,500
  • Market Improvement Value: $282,127

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $166,607
  • Assessed Land Value: $40,355
  • Assessed Improvements Value: $126,252

    Sales

  • Current Sale Contract Date: Jun 21, 2018
  • Current Sale Recording Date: Jun 22, 2018
  • Current Sale Transaction ID: 11477724843
  • Current Sale Price: $498,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 4825552
  • Previous Sale Recording Date: Apr 20, 2007
  • Previous Sale Contract Date: Apr 17, 2007
  • Previous Sale Amount: $392,500
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUILD MORTGAGE CO
  • First Mortgage Transaction Date: Jun 22, 2018
  • First Mortgage Loan Amount: $398,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE KB HOME LOANS
  • Previous Mortgage Transaction Date: Apr 20, 2007
  • Previous Mortgage Loan Amount: $313,872
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: May 01, 2037

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Frequently Asked Questions

What neighborhood is 11245 Parma Way located in?
The 11245 Parma Way is a house located in the neighborhood of Caramella Ranch in Southeast Reno, Reno.
What is the average sales price for listings in 11245 Parma Way?
The average sales price for units in 11245 Parma Way is $0 currently.

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