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1771 Cavern Drive

1771 Cavern Drive, Reno, NV 89521
Sold May 12, 2023
$614,000
Seller
$491,200 by Synergy One Lending, Inc.
Mortgage Due Jun 01, 2053
Sold Jul 24, 2019
$407,000
$386,650 by Umpqua Bank
Mortgage Due Aug 01, 2049
1771 Cavern Drive in Reno, NV was first built in 2003 and is 21 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1771 Cavern Drive has 2,268 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 8,198 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 concrete. 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 491 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 C. The exterior walls of the home are made of a combination of material. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 1771 Cavern Drive sold most recently in May 5, 2023 for a total of $614,000. If you work out the math, that's approximately a cost of $222.54 per sqft. Before that, the property was also sold for $407,000 in Jul 23, 2019. 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 $3,788 in taxes each year. 1771 Cavern Drive was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $127,796. If we break it down further, the land itself was valued at $36,050. Improvements to the property, however, were assessed at a total of $91,746. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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

Stucco Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 491
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,198
  • Total Building Area: 2,759
  • Gross Building Area: 2,978
  • Building Area: 2,268
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,268
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: DOUBLE DIAMOND RANCH VILLAGE 28A
  • Land Acres: 0.188
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DOUBLE DIAMOND RANCH 28A LT 147

Ownership

  • Current Owner : ANTHONY JEFFERY
  • Previous Owner : UNKNOWN
  • Owner Before Previous Owner: BREWER SANDRA K
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 002213

Zoning

  • Zoning: PD

Geography

  • Assessors Map Reference: 161-14
  • Parcel: 161-142-06
  • Lot: 147
  • Municipality: CITY OF RENO
  • Latitude: 39.4497
  • Longitude: -119.737

    Address

  • Full Address: 1771 Cavern Dr
  • Address - House Number: 1771
  • Address - Street Name: Cavern
  • Address - Suffix Type: Dr
  • State: NV
  • City Name: Reno
  • Carrier Code: R050
  • 4-Digit Zip Code: 3044
  • Zip Code: 89521

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,788
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.1551
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 637,775
  • High Value: 736,698
  • Low Value: 538,852

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $491,200
  • First Open Lien Mortgage Lender: SYNERGY ONE LENDING, INC.
  • First Open Lien Mortgage Recording Date: May 12, 2023
  • First Open Lien Mortgage Loan Amount: $491,200
  • 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, 2053

    Market Valuation

  • Market Total Value: $281,513
  • Market Land Value: $76,600
  • Market Improvement Value: $204,913

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $127,796
  • Assessed Land Value: $36,050
  • Assessed Improvements Value: $91,746

    Sales

  • Current Sale Contract Date: May 05, 2023
  • Current Sale Recording Date: May 12, 2023
  • Current Sale Transaction ID: 11906536986
  • Current Sale Price: $614,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5379545
  • Previous Sale Recording Date: Jul 24, 2019
  • Previous Sale Contract Date: Jul 23, 2019
  • Previous Sale Amount: $407,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: SYNERGY ONE LENDING, INC.
  • First Mortgage Transaction Date: May 12, 2023
  • First Mortgage Loan Amount: $491,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: UMPQUA BANK
  • Previous Mortgage Transaction Date: Jul 24, 2019
  • Previous Mortgage Loan Amount: $386,650
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2049

About Double Diamond



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Frequently Asked Questions

What neighborhood is 1771 Cavern Drive located in?
The 1771 Cavern Drive is a house located in the neighborhood of Double Diamond in Double Diamond, Reno.
What is the average sales price for listings in 1771 Cavern Drive?
The average sales price for units in 1771 Cavern Drive is $0 currently.

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