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1550 Rayburn Drive

1550 Rayburn Drive, Reno, NV 89503
Sold Jan 31, 2019
$335,000
$268,000 by Gateway First Bank
Mortgage Due Jun 01, 2050
Sold Sep 04, 2014
$215,000
$6,450 by Nevada Housing Division
Mortgage Due Oct 01, 2034
1550 Rayburn Drive in Reno, NV was first built in 1966 and is 58 years old. Although, the building on the property was most recently renovated and altered in 1971. 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, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1550 Rayburn Drive has 1,917 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 7,620 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 483 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 a combination of material. As for heating, the home is utilizing a forced air unit. The property was last sold in Jan 16, 2019 for $335,000. That's $139.58 per sqft. Prior to that sales transaction, the property was also sold in Aug 7, 2014 for $215,000. 1550 Rayburn Drive was last assessed in 2024. The total value of the property was assessed at $62,861. Specifically, the land the property is located on was valued at $37,485. While improvements on the property were assessed at a total of $25,376. 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 $1,314. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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

Masonite Siding
Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1971
  • Building Count: 1
  • Bedroom Count: 4
  • 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: 483
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,620
  • Total Building Area: 2,400
  • Gross Building Area: 2,496
  • Building Area: 1,917
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,917
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SIERRA HEIGHTS RENO 5A
  • Land Acres: 0.175
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SIERRA HEIGHTS RENO 5A LT 10 BLK G

Ownership

  • Current Owner : BLASCHKE DYLAN ERNST
  • Previous Owner : VICENTE FAIRLANE
  • Owner Before Previous Owner: PINE NUT HOSPITALITITES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 002401

Zoning

  • Zoning: SF8

Geography

  • Assessors Map Reference: 001-13
  • Parcel: 001-136-10
  • Block: G
  • Lot: 10
  • Municipality: CITY OF RENO
  • Latitude: 39.5408
  • Longitude: -119.855

    Address

  • Full Address: 1550 Rayburn Dr
  • Address - House Number: 1550
  • Address - Street Name: Rayburn
  • Address - Suffix Type: Dr
  • State: NV
  • City Name: Reno
  • Carrier Code: C051
  • 4-Digit Zip Code: 2019
  • Zip Code: 89503

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 492,059
  • High Value: 573,041
  • Low Value: 411,076

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $268,000
  • First Open Lien Mortgage Lender: GATEWAY FIRST BANK
  • First Open Lien Mortgage Recording Date: May 20, 2020
  • First Open Lien Mortgage Loan Amount: $268,000
  • 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: Jun 01, 2050

    Market Valuation

  • Market Total Value: $113,985
  • Market Land Value: $60,700
  • Market Improvement Value: $53,285

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $62,861
  • Assessed Land Value: $37,485
  • Assessed Improvements Value: $25,376

    Sales

  • Current Sale Contract Date: Jan 16, 2019
  • Current Sale Recording Date: Jan 31, 2019
  • Current Sale Transaction ID: 11566519535
  • Current Sale Price: $335,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 4884761
  • Previous Sale Recording Date: Sep 04, 2014
  • Previous Sale Contract Date: Aug 07, 2014
  • Previous Sale Amount: $215,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: GATEWAY MORTGAGE GROUP LLC
  • First Mortgage Transaction Date: Jan 31, 2019
  • First Mortgage Loan Amount: $268,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: NEVADA HOUSING DIVISION
  • Previous Mortgage Transaction Date: Sep 04, 2014
  • Previous Mortgage Loan Amount: $6,450
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: Stand Alone Second
  • Previous Mortgage Loan Due Date: Oct 01, 2034

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Frequently Asked Questions

What neighborhood is 1550 Rayburn Drive located in?
The 1550 Rayburn Drive is a house located in the neighborhood of Sierra Heights in Sierra Heights, Reno.
What is the average sales price for listings in 1550 Rayburn Drive?
The average sales price for units in 1550 Rayburn Drive is $0 currently.

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