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1510 Majestic Drive

1510 Majestic Drive, Reno, NV 89503
Property in Royal Heights
1510 Majestic Drive in Reno, NV was first built in 1962 and is 62 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 2 partial bathrooms. 1510 Majestic Drive has 2,260 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 7,710 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 composition shingle. 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 528 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 D. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood siding. 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, 1510 Majestic Drive sold most recently in Jun 10, 2020 for a total of $475,000. If you work out the math, that's approximately a cost of $170.37 per sqft. Before that, the property was also sold for $300,000 in Oct 22, 2019. 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 $1,314 in taxes each year. The initial year of tax delinquency occurred in 2023. 1510 Majestic Drive was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $66,717. If we break it down further, the land itself was valued at $37,485. Improvements to the property, however, were assessed at a total of $29,232. 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. 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.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

Wood Siding
Vinyl Siding

Parking

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200117
01/17/2020
Loft
3 Bath
2260 ft²
$499,000
bedrooms
Loft
bathrooms
3 Bath
square feet
2260 ft²
$475,000 -4.81%
06/11/2020
Jason Jarrett

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Bedroom Count: 5
  • 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: Wood siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,710
  • Total Building Area: 2,788
  • Gross Building Area: 2,788
  • Building Area: 2,260
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,260
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ROYAL HEIGHTS 1
  • Land Acres: 0.177
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ROYAL HEIGHTS 1 LT 32

Ownership

  • Current Owner : SEAR ANN MARIE
  • Current Owner 2: SEAR STEPHEN
  • Previous Owner : SCOTT ERIC
  • Owner Before Previous Owner: HENDERSON JASON

Neighborhood

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

Zoning

  • Zoning: SF8

Geography

  • Assessors Map Reference: 002-40
  • Parcel: 002-402-30
  • Lot: 32
  • Municipality: CITY OF RENO
  • Latitude: 39.5353
  • Longitude: -119.836

    Address

  • Full Address: 1510 Majestic Dr
  • Address - House Number: 1510
  • Address - Street Name: Majestic
  • Address - Suffix Type: Dr
  • State: NV
  • City Name: Reno
  • Carrier Code: C062
  • 4-Digit Zip Code: 3540
  • Zip Code: 89503

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,314
  • Intital Tax Deliquent Year: 2023
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.1565
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 562,616
  • High Value: 650,698
  • Low Value: 474,534

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $475,000
  • First Open Lien Mortgage Lender: HEWES INVESTMENTS LLC
  • First Open Lien Mortgage Recording Date: Jun 11, 2020
  • First Open Lien Mortgage Loan Amount: $475,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $121,936
  • Market Land Value: $60,700
  • Market Improvement Value: $61,236

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $66,717
  • Assessed Land Value: $37,485
  • Assessed Improvements Value: $29,232

    Sales

  • Current Sale Contract Date: Jun 10, 2020
  • Current Sale Recording Date: Jun 11, 2020
  • Current Sale Transaction ID: 11767308697
  • Current Sale Price: $475,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5039328
  • Previous Sale Recording Date: Oct 28, 2019
  • Previous Sale Contract Date: Oct 22, 2019
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: HEWES INVESTMENTS LLC
  • First Mortgage Transaction Date: Jun 11, 2020
  • First Mortgage Loan Amount: $475,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: JASON HENDERSON
  • Previous Mortgage Transaction Date: Oct 28, 2019
  • Previous Mortgage Loan Amount: $270,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Seller take-back

About Royal Heights



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Frequently Asked Questions

What neighborhood is 1510 Majestic Drive located in?
The 1510 Majestic Drive is a other located in the neighborhood of Royal Heights in Royal Heights, Reno.
What is the average sales price for listings in 1510 Majestic Drive?
The average sales price for units in 1510 Majestic Drive is $488,500 , or $216/sqft. currently.

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