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1305 Balfour Drive

1305 Balfour Drive, Reno, NV 89509
Property in Brighton Manor
Sold Sep 24, 2020
$509,900
$764,850 by Academy Mortgage Corp
Mortgage Due Dec 14, 2082
Sold Jul 23, 2015
$333,500
1305 Balfour Drive in Reno, NV was first built in 2015 and is 9 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1305 Balfour Drive has 1,800 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 4,224 square feet.

Learn more about the property and building on this page. There is 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 416 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, 1305 Balfour Drive sold most recently in Sep 10, 2020 for a total of $509,900. If you work out the math, that's approximately a cost of $230.10 per sqft. Before that, the property was also sold for $333,500 in Jul 21, 2015. 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 $4,191 in taxes each year. The initial year of tax delinquency occurred in 2023. 1305 Balfour Drive was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $145,210. If we break it down further, the land itself was valued at $40,845. Improvements to the property, however, were assessed at a total of $104,365. 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. 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.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: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • 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: 416
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,224
  • Total Building Area: 2,216
  • Gross Building Area: 2,304
  • Building Area: 1,800
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,800
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: COTTAGES AT BRIGHTON PARK
  • Land Acres: 0.097
  • Standard Land Use Code: Single family residential
  • Legal Description 1: COTTAGES AT BRIGHTON PARK LOT 205

Ownership

  • Current Owner : PETERSON EDNA JANE
  • Current Owner 2: EDNA JANE PETERSON LIVING TRUS
  • Previous Owner : BACIGALUPI ISABEL C
  • Previous Owner 2: BACIGALUPI ISABEL C
  • Owner Before Previous Owner: BRIGHTON BY DESERT WIND LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 001015

Zoning

  • Zoning: SPD

Geography

  • Parcel: 019-701-06
  • Lot: 205
  • Meridian: SEC 23 TWN 19N RNG 19E
  • Municipality: CITY OF RENO
  • Latitude: 39.4923
  • Longitude: -119.814

    Address

  • Full Address: 1305 Balfour Dr
  • Address - House Number: 1305
  • Address - Street Name: Balfour
  • Address - Suffix Type: Dr
  • State: NV
  • City Name: Reno
  • Carrier Code: C031
  • 4-Digit Zip Code: 4273
  • Zip Code: 89509

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,191
  • Intital Tax Deliquent Year: 2023
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.1591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 716,421
  • High Value: 830,411
  • Low Value: 602,432

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $764,850
  • First Open Lien Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Sep 24, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $764,850
  • First Open Lien Mortgage Term: 746
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)
  • First Open Lien Mortgage Loan Due Date: Dec 14, 2082

    Market Valuation

  • Market Total Value: $307,920
  • Market Land Value: $76,700
  • Market Improvement Value: $231,220

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $145,210
  • Assessed Land Value: $40,845
  • Assessed Improvements Value: $104,365

    Sales

  • Current Sale Contract Date: Sep 10, 2020
  • Current Sale Recording Date: Sep 24, 2020
  • Current Sale Transaction ID: 11789725980
  • Current Sale Price: $509,900
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5081107
  • Previous Sale Recording Date: Jul 23, 2015
  • Previous Sale Contract Date: Jul 21, 2015
  • Previous Sale Amount: $333,500
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Mortgage Transaction Date: Sep 24, 2020
  • First Mortgage Loan Amount: $764,850
  • First Mortgage Terms: 746
  • First Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)
  • First Mortgage Loan Due Date: Dec 14, 2082

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Brighton Manor



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Frequently Asked Questions

What neighborhood is 1305 Balfour Drive located in?
The 1305 Balfour Drive is a other located in the neighborhood of Brighton Manor in Brighton Manor, Reno.
What is the average sales price for listings in 1305 Balfour Drive?
The average sales price for units in 1305 Balfour Drive is $509,900 , or $283/sqft. currently.

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