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1915 Phaethon Lane

1915 Phaethon Lane, Reno, NV 89521
Sold Mar 19, 2019
$569,785
Local assessors in Reno, NV have categorized 1915 Phaethon Lane as a residential type of property. The home was built in 2018 and is 6 years old. The property's lot size has been calculated to be 11,536 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1915 Phaethon Lane has a total of 1,788 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 479 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of concrete. Lots of a combination of material were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1915 Phaethon Lane sold most recently in Mar 5, 2019 for a total of $569,785. If you work out the math, that's approximately a cost of $251.34 per sqft. 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 $5,253 in taxes each year. The initial year of tax delinquency occurred in 2023. 1915 Phaethon Lane was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $178,475. If we break it down further, the land itself was valued at $49,908. Improvements to the property, however, were assessed at a total of $128,567. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • 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: 479
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,536
  • Total Building Area: 2,267
  • Gross Building Area: 2,267
  • Building Area: 1,788
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,788
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: DAMONTE RANCH VILLAGE 6-2
  • Land Acres: 0.265
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DAMONTE RANCH VILLAGE 6-2 LOT 402

Ownership

  • Current Owner : MAREZ NANCY LEE
  • Previous Owner : TOLL SOUTH RENO LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 002217

Zoning

  • Zoning: PD

Geography

  • Parcel: 141-603-18
  • Lot: 402
  • Meridian: SEC 10 TWN 18N RNG 20E
  • Municipality: CITY OF RENO
  • Latitude: 39.4357
  • Longitude: -119.729

    Address

  • Full Address: 1915 Phaethon Ln
  • Address - House Number: 1915
  • Address - Street Name: Phaethon
  • Address - Suffix Type: Ln
  • State: NV
  • City Name: Reno
  • Carrier Code: R069
  • 4-Digit Zip Code: 4484
  • Zip Code: 89521

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,253
  • Intital Tax Deliquent Year: 2023
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.0659
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 96
  • Final Value: 771,001
  • High Value: 821,842
  • Low Value: 720,160

    Market Valuation

  • Market Total Value: $391,690
  • Market Land Value: $108,395
  • Market Improvement Value: $283,295

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $178,475
  • Assessed Land Value: $49,908
  • Assessed Improvements Value: $128,567

    Sales

  • Current Sale Contract Date: Mar 05, 2019
  • Current Sale Recording Date: Mar 19, 2019
  • Current Sale Transaction ID: 11592086484
  • Current Sale Price: $569,785
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 4895232

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Frequently Asked Questions

What neighborhood is 1915 Phaethon Lane located in?
The 1915 Phaethon Lane is a house located in the neighborhood of Villages at Damonte Ranch in Southeast Reno, Reno.
What is the average sales price for listings in 1915 Phaethon Lane?
The average sales price for units in 1915 Phaethon Lane is $0 currently.

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