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1555 Oliver Avenue

1555 Oliver Avenue, Reno, NV 89512
Sold Nov 16, 2021
$182,500
$209,000 by Guild Mortgage Co
Mortgage Due Dec 01, 2051
Sold Oct 02, 2017
$182,500
$146,000 by Finance Of America Mortgage Ll
Mortgage Due Oct 01, 2047
1555 Oliver Avenue has been categorized by the local assessors in Reno, NV as a residential type of property. The building on the property was first built in 1953 and is 71 years old. However, we must point out that the home was most recently renovated and altered in 1960. The home has a total of 5 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1555 Oliver Avenue has 2,188 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 8,276 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of wood siding. In terms of heating, it is utilizing floor/wall heating system. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 1555 Oliver Avenue sold most recently in Nov 10, 2021 for a total of $182,500. If you work out the math, that's approximately a cost of $83.41 per sqft. Before that, the property was also sold for $182,500 in Aug 11, 2017. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $849 in taxes each year. 1555 Oliver Avenue was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $46,737. If we break it down further, the land itself was valued at $25,235. Improvements to the property, however, were assessed at a total of $21,502. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • 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
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 2,188
  • Gross Building Area: 2,212
  • Building Area: 2,188
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 2,188
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ALAMEDA HEIGHTS
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ALAMEDA HEIGHTS LT 8 & W 8` LT 9 BLK K

Ownership

  • Current Owner : SKIDMORE STEVEN
  • Current Owner 2: ROBERTSON GREGORY
  • Previous Owner : CAMPBELL MICHAEL F
  • Owner Before Previous Owner: ELSER SHARON A
  • Owner Before Previous Owner 2: ELSER CRAIG D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 001701

Zoning

  • Zoning: SF8

Geography

  • Assessors Map Reference: 004-25
  • Parcel: 004-254-20
  • Block: K
  • Lot: 9
  • Meridian: SEC 1 TWN 19N RNG 19E
  • Municipality: CITY OF RENO
  • Latitude: 39.5461
  • Longitude: -119.793

    Address

  • Full Address: 1555 Oliver Ave
  • Address - House Number: 1555
  • Address - Street Name: Oliver
  • Address - Suffix Type: Ave
  • State: NV
  • City Name: Reno
  • Carrier Code: C046
  • 4-Digit Zip Code: 1945
  • Zip Code: 89512

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $849
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.1736
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 77
  • Final Value: 343,822
  • High Value: 403,532
  • Low Value: 284,112

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $287,742
  • First Open Lien Mortgage Lender: GUILD MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Nov 16, 2021
  • First Open Lien Mortgage Loan Amount: $209,000
  • 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: Dec 01, 2051
  • Second Open Lien Mortgage Lender: FIGURE LENDING LLC
  • Second Open Lien Mortgage Recording Date: Jan 03, 2024
  • Second Open Lien Mortgage Loan Amount: $78,742
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jan 24, 2054

    Market Valuation

  • Market Total Value: $86,958
  • Market Land Value: $42,700
  • Market Improvement Value: $44,258

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $46,737
  • Assessed Land Value: $25,235
  • Assessed Improvements Value: $21,502

    Sales

  • Current Sale Contract Date: Nov 10, 2021
  • Current Sale Recording Date: Nov 16, 2021
  • Current Sale Transaction ID: 11870102479
  • Current Sale Price: $182,500
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5248767
  • Previous Sale Recording Date: Oct 02, 2017
  • Previous Sale Contract Date: Aug 11, 2017
  • Previous Sale Amount: $182,500
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUILD MORTGAGE CO
  • First Mortgage Transaction Date: Nov 16, 2021
  • First Mortgage Loan Amount: $209,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • Previous Mortgage Transaction Date: Oct 02, 2017
  • Previous Mortgage Loan Amount: $146,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2047

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Frequently Asked Questions

What neighborhood is 1555 Oliver Avenue located in?
The 1555 Oliver Avenue is a house located in the neighborhood of Alameda Heights in Northeast Reno, Reno.
What is the average sales price for listings in 1555 Oliver Avenue?
The average sales price for units in 1555 Oliver Avenue is $0 currently.

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