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1395 Majestic Drive

1395 Majestic Drive, Reno, NV 89503
Property in Royal Heights
Sold Feb 17, 2017
$250,000
$280,000 by Cardinal Financial Company Lp
Mortgage Due Jul 01, 2051
Sold Jul 18, 2012
$120,000
$96,000 by Cobalt Mortgage Inc
Mortgage Due Aug 01, 2042
Local assessors in Reno, NV have categorized 1395 Majestic Drive as a residential type of property. The home was built in 1962 and is 62 years old. The property's lot size has been calculated to be 7,013 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 are 2 full bathrooms. There are also 2 partial bathrooms. 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 1395 Majestic Drive has a total of 1,028 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 475 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 a combination of material were used in the construction of the exterior walls of the home. The home's a forced air unit 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 Feb 16, 2017 for $250,000. That's $166.33 per sqft. Prior to that sales transaction, the property was also sold in Jul 16, 2012 for $120,000. 1395 Majestic Drive was last assessed in 2024. The total value of the property was assessed at $55,833. Specifically, the land the property is located on was valued at $37,485. While improvements on the property were assessed at a total of $18,348. 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 $773. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 475
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,013
  • Total Building Area: 1,503
  • Gross Building Area: 1,503
  • Building Area: 1,028
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,028
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ROYAL HEIGHTS 1
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ROYAL HEIGHTS 1 LT 26

Ownership

  • Current Owner : WILLIAMS JOSHUA B
  • Previous Owner : CEDAR SAGE LLC
  • Owner Before Previous Owner: OHARRA TERRY G
  • Owner Before Previous Owner 2: OHARRA DEBORAH L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 001300

Zoning

  • Zoning: SF8

Geography

  • Assessors Map Reference: 002-40
  • Parcel: 002-401-01
  • Lot: 26
  • Municipality: CITY OF RENO
  • Latitude: 39.5358
  • Longitude: -119.834

    Address

  • Full Address: 1395 Majestic Dr
  • Address - House Number: 1395
  • Address - Street Name: Majestic
  • Address - Suffix Type: Dr
  • State: NV
  • City Name: Reno
  • Carrier Code: C062
  • 4-Digit Zip Code: 3563
  • Zip Code: 89503

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $773
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.1501
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 81
  • Final Value: 411,964
  • High Value: 473,835
  • Low Value: 350,093

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $280,000
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Open Lien Mortgage Recording Date: Jun 15, 2021
  • First Open Lien Mortgage Loan Amount: $280,000
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $96,029
  • Market Land Value: $60,700
  • Market Improvement Value: $35,329

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $55,833
  • Assessed Land Value: $37,485
  • Assessed Improvements Value: $18,348

    Sales

  • Current Sale Contract Date: Feb 16, 2017
  • Current Sale Recording Date: Feb 17, 2017
  • Current Sale Transaction ID: 1806152196
  • Current Sale Price: $250,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 4681012
  • Previous Sale Recording Date: Jul 18, 2012
  • Previous Sale Contract Date: Jul 16, 2012
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRSTBANK
  • First Mortgage Transaction Date: Feb 17, 2017
  • First Mortgage Loan Amount: $245,471
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: COBALT MORTGAGE INC
  • Previous Mortgage Transaction Date: Jul 18, 2012
  • Previous Mortgage Loan Amount: $96,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2042

About Royal Heights



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Frequently Asked Questions

What neighborhood is 1395 Majestic Drive located in?
The 1395 Majestic Drive is a located in the neighborhood of Royal Heights in Royal Heights, Reno.
What is the average sales price for listings in 1395 Majestic Drive?
The average sales price for units in 1395 Majestic Drive is $0 currently.

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