1985 Franklin Street

1985 Franklin Street has been categorized by the local assessors in Fallon, NV as a residential type of property. The building on the property was first built in 1985 and is 39 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, 1985 Franklin Street has 1,232 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 7,841 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a mobile home style.

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 garage for those who require parking. The garage measured 400 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of shingle (not wood). While the interior walls have been made of concrete. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. 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, 1985 Franklin Street was last sold in Sep 25, 2023 for $290,000. According to our calculations, that's $235.39 per sqft. Prior to that sales transaction, the property was sold for $168,000 in Oct 11, 2019. Current property owners are expected to pay $1,047 in taxes per year. The property on 1985 Franklin Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $34,799. To break that down further, the land itself was valued at $12,250. While improvements to the property were assessed at a total of $22,549. 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. 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.