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1660 Majestic Drive

1660 Majestic Drive, Reno, NV 89503
Sold May 14, 2021
$544,000
$516,800 by United Wholesale Mortgage
Mortgage Due Jun 01, 2051
Sold Sep 04, 2020
$220,000
1660 Majestic Drive 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 1962 and is 62 years old. However, we must point out that the home was most recently renovated and altered in 1967. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 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, 1660 Majestic Drive has 1,532 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 7,013 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 264 sqft. According to our sources, there is one available parking space. 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 a combination of material. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. 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, 1660 Majestic Drive sold most recently in Apr 19, 2021 for a total of $544,000. If you work out the math, that's approximately a cost of $264.08 per sqft. Before that, the property was also sold for $220,000 in Aug 20, 2020. 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 $1,127 in taxes each year. 1660 Majestic Drive was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $62,018. 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 $24,533. 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. 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.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

Parking

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

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1967
  • 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: 264
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,013
  • Total Building Area: 2,060
  • Gross Building Area: 2,060
  • Building Area: 1,532
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,532
  • 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 39

Ownership

  • Current Owner : GUYETTE NICOLE S
  • Current Owner 2: WOODARD JUSTIN S
  • Previous Owner : CATAMOUNTY PROPERTIES 2018 LLC
  • Owner Before Previous Owner: MORRISON KAREN T
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

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

Zoning

  • Zoning: SF8

Geography

  • Assessors Map Reference: 002-40
  • Parcel: 002-402-23
  • Lot: 39
  • Municipality: CITY OF RENO
  • Latitude: 39.5353
  • Longitude: -119.837

    Address

  • Full Address: 1660 Majestic Dr
  • Address - House Number: 1660
  • Address - Street Name: Majestic
  • Address - Suffix Type: Dr
  • State: NV
  • City Name: Reno
  • Carrier Code: C062
  • 4-Digit Zip Code: 3542
  • Zip Code: 89503

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,127
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.1565
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 521,239
  • High Value: 602,843
  • Low Value: 439,635

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $516,800
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: May 14, 2021
  • First Open Lien Mortgage Loan Amount: $516,800
  • 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, 2051

    Market Valuation

  • Market Total Value: $111,713
  • Market Land Value: $60,700
  • Market Improvement Value: $51,013

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $62,018
  • Assessed Land Value: $37,485
  • Assessed Improvements Value: $24,533

    Sales

  • Current Sale Contract Date: Apr 19, 2021
  • Current Sale Recording Date: May 14, 2021
  • Current Sale Transaction ID: 11841266394
  • Current Sale Price: $544,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5181156
  • Previous Sale Recording Date: Sep 04, 2020
  • Previous Sale Contract Date: Aug 20, 2020
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: May 14, 2021
  • First Mortgage Loan Amount: $516,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

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Frequently Asked Questions

What neighborhood is 1660 Majestic Drive located in?
The 1660 Majestic Drive is a house located in the neighborhood of Royal Heights in Royal Heights, Reno.
What is the average sales price for listings in 1660 Majestic Drive?
The average sales price for units in 1660 Majestic Drive is $0 currently.

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