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2001 Arcane Avenue

2001 Arcane Avenue, Reno, NV 89503
Property in Reno Highland
Sold Sep 18, 2020
$354,000
$347,588 by Summit Funding Inc
Mortgage Due Oct 01, 2050
2001 Arcane Avenue in Reno, NV was first built in 1956 and is 68 years old. This has been categorized as a residential property type. It is a single story home. 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 2 partial bathrooms. 2001 Arcane Avenue has 1,210 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 6,004 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 composition shingle. 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 detached garage. The garage is 414 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 D. The condition of the building has been evaluated as good. The exterior walls of the home are made of a combination of material. 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, 2001 Arcane Avenue sold most recently in Sep 17, 2020 for a total of $354,000. If you work out the math, that's approximately a cost of $292.56 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 $839 in taxes each year. 2001 Arcane Avenue was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $56,130. 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 $18,645. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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

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

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • 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: Detached
  • Garage Square Area: 414
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,004
  • Total Building Area: 1,210
  • Gross Building Area: 1,210
  • Building Area: 1,210
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,210
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: RENO HIGHLANDS 2 UT 1
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RENO HIGHLANDS 2 UT 1 LT 24 BLK C

Ownership

  • Current Owner : BOWERS SANDRA L
  • Current Owner 2: BOWERS JOSEPH M
  • Previous Owner : ROCOVITS AMY
  • Previous Owner 2: PELEAU TRUST
  • 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: 002500

Zoning

  • Zoning: SF8

Geography

  • Assessors Map Reference: 002-14
  • Parcel: 002-144-26
  • Block: C
  • Lot: 24
  • Municipality: CITY OF RENO
  • Latitude: 39.5465
  • Longitude: -119.838

    Address

  • Full Address: 2001 Arcane Ave
  • Address - House Number: 2001
  • Address - Street Name: Arcane
  • Address - Suffix Type: Ave
  • State: NV
  • City Name: Reno
  • Carrier Code: C090
  • 4-Digit Zip Code: 1406
  • Zip Code: 89503

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $839
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 443,105
  • High Value: 516,031
  • Low Value: 370,179

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $347,588
  • First Open Lien Mortgage Lender: SUMMIT FUNDING INC
  • First Open Lien Mortgage Recording Date: Sep 18, 2020
  • First Open Lien Mortgage Loan Amount: $347,588
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Market Valuation

  • Market Total Value: $99,751
  • Market Land Value: $60,700
  • Market Improvement Value: $39,051

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $56,130
  • Assessed Land Value: $37,485
  • Assessed Improvements Value: $18,645

    Sales

  • Current Sale Contract Date: Sep 17, 2020
  • Current Sale Recording Date: Sep 18, 2020
  • Current Sale Transaction ID: 11788478125
  • Current Sale Price: $354,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5078456

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT FUNDING INC
  • First Mortgage Transaction Date: Sep 18, 2020
  • First Mortgage Loan Amount: $347,588
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2050

About Reno Highland



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Nearby Rentals

Unit for rent at

$1,300 /mo

  • 1 Bed
  • 1 Bath
  • 600 ft²
Listing by Donal Minihan
Unit for rent at

$1,300 /mo

  • 1 Bed
  • 1 Bath
  • 512 ft²
Listing by Manager
Unit for rent at

$1,375 /mo

  • 1 Bed
  • 1 Bath
  • 700 ft²
Listing by Renovated New Units For Rent
Unit for rent at

$1,250 /mo

  • 1 Bed
  • 1 Bath
Listing by Manager
Unit for rent at

$1,350 /mo

  • 1 Bed
  • 1 Bath
  • 1,304 ft²
Listing by Manager
Unit for rent at

$1,299 /mo

  • 1 Bed
  • 1 Bath
  • 798 ft²
Listing by Manager
Unit for rent at

$1,225 /mo

  • 1 Bed
  • 1 Bath
  • 546 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 2001 Arcane Avenue located in?
The 2001 Arcane Avenue is a other located in the neighborhood of Reno Highland in Reno Highland, Reno.
What is the average sales price for listings in 2001 Arcane Avenue?
The average sales price for units in 2001 Arcane Avenue is $369,999 , or $306/sqft. currently.

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