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1740 King Edward Drive

1740 King Edward Drive, Reno, NV 89503
Property in Royal Heights
Sold Oct 23, 2020
$375,000
$281,250 by Jpmorgan Chase Bank Na
Mortgage Due Nov 01, 2050
Sold Jul 15, 2004
$243,000
$194,400 by First Horizon Home Loan Corp
Mortgage Due Aug 01, 2034
1740 King Edward 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 1976 and is 48 years old. 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, 1740 King Edward Drive has 1,298 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 6,490 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 441 sqft. According to our sources, there are a total of 2 available parking spaces. 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. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1740 King Edward Drive was last sold in Oct 21, 2020 for $375,000. According to our calculations, that's $215.64 per sqft. Prior to that sales transaction, the property was sold for $243,000 in Jul 14, 2004. Current property owners are expected to pay $1,385 in taxes per year. The property on 1740 King Edward Drive was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $60,493. To break that down further, the land itself was valued at $37,485. While improvements to the property were assessed at a total of $23,008. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior / Wood Exterior
Wood Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • 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: Wood
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 441
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,490
  • Total Building Area: 1,739
  • Gross Building Area: 1,847
  • Building Area: 1,298
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,298
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ROYAL HEIGHTS 5
  • Land Acres: 0.149
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ROYAL HEIGHTS 5 LT 137

Ownership

  • Current Owner : GALLET DEBRA J
  • Current Owner 2: BREIDENBACH JACOB PETER
  • Previous Owner : GOODWIN PHILLIP M
  • Previous Owner 2: GOODWIN MARGARET JANELLE
  • Owner Before Previous Owner: MCCARTHY JAMES R
  • Owner Before Previous Owner 2: MCCARTHY NANCY JO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Zoning

  • Zoning: SF8

Geography

  • Assessors Map Reference: 002-50
  • Parcel: 002-502-14
  • Lot: 137
  • Municipality: CITY OF RENO
  • Latitude: 39.5387
  • Longitude: -119.841

    Address

  • Full Address: 1740 King Edward Dr
  • Address - House Number: 1740
  • Address - Street Name: King Edward
  • Address - Suffix Type: Dr
  • State: NV
  • City Name: Reno
  • Carrier Code: C062
  • 4-Digit Zip Code: 2339
  • Zip Code: 89503

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,385
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 456,294
  • High Value: 531,391
  • Low Value: 381,198

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $281,250
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Oct 23, 2020
  • First Open Lien Mortgage Loan Amount: $281,250
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $117,472
  • Market Land Value: $60,700
  • Market Improvement Value: $56,772

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $60,493
  • Assessed Land Value: $37,485
  • Assessed Improvements Value: $23,008

    Sales

  • Current Sale Contract Date: Oct 21, 2020
  • Current Sale Recording Date: Oct 23, 2020
  • Current Sale Transaction ID: 11794672026
  • Current Sale Price: $375,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5094953
  • Previous Sale Recording Date: Jul 15, 2004
  • Previous Sale Contract Date: Jul 14, 2004
  • Previous Sale Amount: $243,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Oct 23, 2020
  • First Mortgage Loan Amount: $281,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FIRST HORIZON HOME LOAN CORP
  • Previous Mortgage Transaction Date: Jul 15, 2004
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $194,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Aug 01, 2034

About Royal Heights



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Frequently Asked Questions

What neighborhood is 1740 King Edward Drive located in?
The 1740 King Edward Drive is a other located in the neighborhood of Royal Heights in Royal Heights, Reno.
What is the average sales price for listings in 1740 King Edward Drive?
The average sales price for units in 1740 King Edward Drive is $363,000 , or $280/sqft. currently.

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