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2001 Olympic Circle

2001 Olympic Circle, Reno, NV 89509
Sold Dec 28, 2021
$847,500
$678,000 by United Fcu
Mortgage Due Jan 01, 2052
Sold Mar 19, 2014
$385,000
$393,277 by Movement Mortgage
Mortgage Due Apr 01, 2044
Local assessors in Reno, NV have categorized 2001 Olympic Circle as a residential type of property. The home was built in 1960 and is 64 years old. It was most recently renovated and altered in 1971. The property's lot size has been calculated to be 17,032 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, 4 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 3 full bathrooms. There are also 3 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 2001 Olympic Circle has a total of 3,016 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement with daylight that is 1,218 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 506 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 both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 - B. The building has a roof that is made of composition shingle. Lots of wood were used in the construction of the exterior walls of the home. The home's a hot water heating system 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, 2001 Olympic Circle sold most recently in Dec 15, 2021 for a total of $847,500. If you work out the math, that's approximately a cost of $230.17 per sqft. Before that, the property was also sold for $385,000 in Feb 25, 2014. 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 $2,485 in taxes each year. 2001 Olympic Circle was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $125,256. If we break it down further, the land itself was valued at $72,660. Improvements to the property, however, were assessed at a total of $52,596. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

Brick Exterior
Metal Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1971
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement with daylight
  • Basement Area: 1,218
  • Garage Type: Attached
  • Garage Square Area: 506
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 17,032
  • Total Building Area: 3,682
  • Gross Building Area: 4,122
  • Building Area: 3,016
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 3,016
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SKYLINE HEIGHTS 1
  • Land Acres: 0.391
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SKYLINE HEIGHTS 1 LT 2 BLK 5

Ownership

  • Current Owner : WAUGH MEGAN L
  • Previous Owner : BUCKWALTER LLYN T
  • Previous Owner 2: DARCY MICHELLE
  • Owner Before Previous Owner: FANNIE MAE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 001104

Zoning

  • Zoning: SF3

Geography

  • Assessors Map Reference: 023-01
  • Parcel: 023-011-02
  • Block: 5
  • Lot: 2
  • Municipality: CITY OF RENO
  • Latitude: 39.4906
  • Longitude: -119.831

    Address

  • Full Address: 2001 Olympic Cir
  • Address - House Number: 2001
  • Address - Street Name: Olympic
  • Address - Suffix Type: Cir
  • State: NV
  • City Name: Reno
  • Carrier Code: C080
  • 4-Digit Zip Code: 5104
  • Zip Code: 89509

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,485
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.1642
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 880,856
  • High Value: 1,025,525
  • Low Value: 736,187

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $728,000
  • First Open Lien Mortgage Lender: UNITED FCU
  • First Open Lien Mortgage Recording Date: Dec 28, 2021
  • First Open Lien Mortgage Loan Amount: $678,000
  • 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: Jan 01, 2052
  • Second Open Lien Mortgage Lender: UNITED FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Oct 25, 2023
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $238,893
  • Market Land Value: $130,000
  • Market Improvement Value: $108,893

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $125,256
  • Assessed Land Value: $72,660
  • Assessed Improvements Value: $52,596

    Sales

  • Current Sale Contract Date: Dec 15, 2021
  • Current Sale Recording Date: Dec 28, 2021
  • Current Sale Transaction ID: 11877155648
  • Current Sale Price: $847,500
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5262854
  • Previous Sale Recording Date: Mar 19, 2014
  • Previous Sale Contract Date: Feb 25, 2014
  • Previous Sale Amount: $385,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED FCU
  • First Mortgage Transaction Date: Dec 28, 2021
  • First Mortgage Loan Amount: $678,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: MOVEMENT MORTGAGE
  • Previous Mortgage Transaction Date: Mar 19, 2014
  • Previous Mortgage Loan Amount: $393,277
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Apr 01, 2044

About Skyline Heights



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Frequently Asked Questions

What neighborhood is 2001 Olympic Circle located in?
The 2001 Olympic Circle is a house located in the neighborhood of Skyline Heights in Skyline Heights, Reno.
What is the average sales price for listings in 2001 Olympic Circle?
The average sales price for units in 2001 Olympic Circle is $0 currently.

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