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1640 Scott Valley Road

1640 Scott Valley Road, Reno, NV 89523
Property in Somersett
Sold Apr 22, 2022
$790,000
$632,000 by Nbkc Bank
Mortgage Due May 01, 2052
Sold Jan 06, 2016
$447,089
$375,554 by Universal American Mortgage Co
Mortgage Due Feb 01, 2046
1640 Scott Valley Road 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 2016 and is 8 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1640 Scott Valley Road has 2,614 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 6,864 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 660 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a covered porch. 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 C by the local assessor. The roof of the building is made of concrete. The exterior walls of the building are made of a combination of material. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. 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. The property was last sold in Apr 19, 2022 for $790,000. That's $241.30 per sqft. Prior to that sales transaction, the property was also sold in Aug 18, 2015 for $447,089. 1640 Scott Valley Road was last assessed in 2024. The total value of the property was assessed at $187,747. Specifically, the land the property is located on was valued at $48,405. While improvements on the property were assessed at a total of $139,342. 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 $6,117. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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

Stucco Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 14
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 660
  • Parking Space Count: 2
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 6,864
  • Total Building Area: 3,274
  • Gross Building Area: 3,404
  • Building Area: 2,614
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,614
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WINTERCREEK UNIT 4
  • Land Acres: 0.158
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WINTERCREEK UNIT 4 LT 57

Ownership

  • Current Owner : NICHOLAS CHRISTOPHER
  • Current Owner 2: NICHOLAS DENISE
  • Previous Owner : JOHNSTON JENNIFER M
  • Owner Before Previous Owner: LENNAR RENO LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 002304

Zoning

  • Zoning: SF3

Geography

  • Parcel: 234-672-07
  • Lot: 57
  • Municipality: CITY OF RENO - VERDI T.V.
  • Latitude: 39.528
  • Longitude: -119.94

    Address

  • Full Address: 1640 Scott Valley Rd
  • Address - House Number: 1640
  • Address - Street Name: Scott Valley
  • Address - Suffix Type: Rd
  • State: NV
  • City Name: Reno
  • Carrier Code: R123
  • 4-Digit Zip Code: 2154
  • Zip Code: 89523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,117
  • Tax Rate Code Area: 1011

    Appraisal Valuation

  • Standard Deviation: 0.1496
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 81
  • Final Value: 824,545
  • High Value: 947,938
  • Low Value: 701,151

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $632,000
  • First Open Lien Mortgage Lender: NBKC BANK
  • First Open Lien Mortgage Recording Date: Apr 22, 2022
  • First Open Lien Mortgage Loan Amount: $632,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: May 01, 2052

    Market Valuation

  • Market Total Value: $403,907
  • Market Land Value: $100,000
  • Market Improvement Value: $303,907

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $187,747
  • Assessed Land Value: $48,405
  • Assessed Improvements Value: $139,342

    Sales

  • Current Sale Contract Date: Apr 19, 2022
  • Current Sale Recording Date: Apr 22, 2022
  • Current Sale Transaction ID: 11886752975
  • Current Sale Price: $790,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5297466
  • Previous Sale Recording Date: Jan 06, 2016
  • Previous Sale Contract Date: Aug 18, 2015
  • Previous Sale Amount: $447,089
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: NBKC BANK
  • First Mortgage Transaction Date: Apr 22, 2022
  • First Mortgage Loan Amount: $632,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Balloon
  • First Mortgage Loan Due Date: May 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: UNIVERSAL AMERICAN MORTGAGE CO
  • Previous Mortgage Transaction Date: Jan 06, 2016
  • Previous Mortgage Loan Amount: $375,554
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2046

About Somersett



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Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$850 /mo

  • 3 Beds
  • 1 Bath
  • 800 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 1640 Scott Valley Road located in?
The 1640 Scott Valley Road is a located in the neighborhood of Somersett in Somersett, Reno.
What is the average sales price for listings in 1640 Scott Valley Road?
The average sales price for units in 1640 Scott Valley Road is $0 currently.

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