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11340 Parma Court

11340 Parma Court, Reno, NV 89521
Property in Caramella Ranch
Sold Jun 14, 2023
$740,000
Sold Dec 10, 2021
$710,000
$568,000 by Greater Nevada Llc
Mortgage Due Jan 01, 2052
11340 Parma Court in Reno, NV was first built in 2007 and is 17 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, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 11340 Parma Court has 2,486 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 6,105 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 681 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 11340 Parma Court sold most recently in Jun 9, 2023 for a total of $740,000. If you work out the math, that's approximately a cost of $233.66 per sqft. Before that, the property was also sold for $710,000 in Dec 6, 2021. 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 $3,573 in taxes each year. 11340 Parma Court was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $160,427. If we break it down further, the land itself was valued at $40,355. Improvements to the property, however, were assessed at a total of $120,072. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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
Tandem Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • 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: 681
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,105
  • Total Building Area: 3,167
  • Gross Building Area: 3,167
  • Building Area: 2,486
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,486
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CARAMELLA RANCH
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CARAMELLA RANCH LT 49

Ownership

  • Current Owner : MERLIN PAU R
  • Current Owner 2: HOWE-MERLIN LINDA E
  • Previous Owner : BUSBY-WORK DONOVAN CODY
  • Previous Owner 2: BUSBY-WORK SAMANTHA JO
  • Owner Before Previous Owner: PARKER TAVAN
  • Owner Before Previous Owner 2: PARKER CLARISSA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Zoning

  • Zoning: SF8

Geography

  • Assessors Map Reference: 143-07
  • Parcel: 143-071-18
  • Lot: 49
  • Municipality: CITY OF RENO
  • Latitude: 39.4083
  • Longitude: -119.73

    Address

  • Full Address: 11340 Parma Ct
  • Address - House Number: 11340
  • Address - Street Name: Parma
  • Address - Suffix Type: Ct
  • State: NV
  • City Name: Reno
  • Carrier Code: R056
  • 4-Digit Zip Code: 4244
  • Zip Code: 89521

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,573
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.1599
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 774,344
  • High Value: 898,219
  • Low Value: 650,468

    Market Valuation

  • Market Total Value: $348,304
  • Market Land Value: $81,500
  • Market Improvement Value: $266,804

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $160,427
  • Assessed Land Value: $40,355
  • Assessed Improvements Value: $120,072

    Sales

  • Current Sale Contract Date: Jun 09, 2023
  • Current Sale Recording Date: Jun 14, 2023
  • Current Sale Transaction ID: 11908239514
  • Current Sale Price: $740,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5385882
  • Previous Sale Recording Date: Dec 10, 2021
  • Previous Sale Contract Date: Dec 06, 2021
  • Previous Sale Amount: $710,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Previous Mortgages

  • Previous Mortgage Lender: GREATER NEVADA LLC
  • Previous Mortgage Transaction Date: Dec 10, 2021
  • Previous Mortgage Loan Amount: $568,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2052

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Nearby Rentals

Unit for rent at

$1,450 /mo

  • 3 Beds
  • 2 Baths
  • 1,395 ft²
Listing by Heritage Oaks Town Homes

Frequently Asked Questions

What neighborhood is 11340 Parma Court located in?
The 11340 Parma Court is a other located in the neighborhood of Caramella Ranch in Southeast Reno, Reno.
What is the average sales price for listings in 11340 Parma Court?
The average sales price for units in 11340 Parma Court is $0 currently.

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