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1345 Princess Avenue

1345 Princess Avenue, Reno, NV 89502
House in Morton
Sold Aug 21, 2019
$325,000
$120,000 by Quicken Loans Inc
Mortgage Due Sep 01, 2049
Sold Jul 13, 2016
$9,430,000
$180,000 by Universal American Mortgage Co
Mortgage Due Aug 01, 2046
Local assessors in Reno, NV have categorized 1345 Princess Avenue as a residential type of property. The home was built in 1954 and is 70 years old. The property's lot size has been calculated to be 7,797 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 is one full bathroom. There is also a partial bathroom. 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 1345 Princess Avenue has a total of 1,040 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 299 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 - D. The building has a roof that is made of composition shingle. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on a wall air conditioning unit for their cooling system. The home's floor/wall heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Aug 16, 2019 for $325,000. That's $242.72 per sqft. Prior to that sales transaction, the property was also sold in Jul 12, 2016 for $9,430,000. 1345 Princess Avenue was last assessed in 2024. The total value of the property was assessed at $48,733. Specifically, the land the property is located on was valued at $33,040. While improvements on the property were assessed at a total of $15,693. 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 $633. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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

Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Quality: D
  • Construction Type: Frame
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 299
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,797
  • Total Building Area: 1,339
  • Gross Building Area: 1,339
  • Building Area: 1,040
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Wall air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 1,040
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MORTON SUBDIVISION 3
  • Land Acres: 0.179
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MORTON 3 LT 4 BLK J

Ownership

  • Current Owner : KREINBTH BOTT BARBARA
  • Current Owner 2: BOTT GARY KARL
  • Previous Owner : STRATTON GREGORY D
  • Previous Owner 2: STRATTON STEPHANIE E
  • Owner Before Previous Owner: DONBAR REGINA L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 000201

Zoning

  • Zoning: SF8

Geography

  • Assessors Map Reference: 013-38
  • Parcel: 013-381-04
  • Block: J
  • Lot: 4
  • Municipality: CITY OF RENO
  • Latitude: 39.5124
  • Longitude: -119.797

    Address

  • Full Address: 1345 Princess Ave
  • Address - House Number: 1345
  • Address - Street Name: Princess
  • Address - Suffix Type: Ave
  • State: NV
  • City Name: Reno
  • Carrier Code: C092
  • 4-Digit Zip Code: 3009
  • Zip Code: 89502

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $633
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.1657
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 413,452
  • High Value: 481,965
  • Low Value: 344,938

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $120,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Aug 21, 2019
  • First Open Lien Mortgage Loan Amount: $120,000
  • 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: Sep 01, 2049

    Market Valuation

  • Market Total Value: $83,255
  • Market Land Value: $52,200
  • Market Improvement Value: $31,055

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $48,733
  • Assessed Land Value: $33,040
  • Assessed Improvements Value: $15,693

    Sales

  • Current Sale Contract Date: Aug 16, 2019
  • Current Sale Recording Date: Aug 21, 2019
  • Current Sale Transaction ID: 11638097913
  • Current Sale Price: $325,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 4942891
  • Previous Sale Recording Date: Jul 13, 2016
  • Previous Sale Contract Date: Jul 12, 2016
  • Previous Sale Amount: $9,430,000
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Aug 21, 2019
  • First Mortgage Loan Amount: $120,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: UNIVERSAL AMERICAN MORTGAGE CO
  • Previous Mortgage Transaction Date: Jul 13, 2016
  • Previous Mortgage Loan Amount: $180,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2046

About Wells Avenue Neighborhood



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Frequently Asked Questions

What neighborhood is 1345 Princess Avenue located in?
The 1345 Princess Avenue is a house located in the neighborhood of Morton in Wells Avenue Neighborhood, Reno.
What is the average sales price for listings in 1345 Princess Avenue?
The average sales price for units in 1345 Princess Avenue is $325,000 , or $313/sqft. currently.

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