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2490 Lake Ridge Shores East

2490 Lake Ridge Shores East, Reno, NV 89519
Sold Dec 09, 2021
$2,500,000
$1,200,000 by Morgan Stanley Private Bank Na
Mortgage Due Jun 01, 2052
Sold Sep 15, 2020
$1,940,000
2490 Lake Ridge Shores East in Reno, NV was first built in 1987 and is 37 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, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 2490 Lake Ridge Shores East has 3,623 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 18,905 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a sawtooth style roof made of metal. 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 976 sqft. There are a total of 4 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 A. The condition of the building has been evaluated as good. 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. 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, 2490 Lake Ridge Shores East was last sold in Dec 6, 2021 for $2,500,000. According to our calculations, that's $543.60 per sqft. Prior to that sales transaction, the property was sold for $1,940,000 in Sep 14, 2020. Current property owners are expected to pay $9,053 in taxes per year. The property on 2490 Lake Ridge Shores East was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $294,064. To break that down further, the land itself was valued at $96,250. While improvements to the property were assessed at a total of $197,814. 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. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Venner Exterior
Masonry Exterior
Stucco Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 18
  • Building Condition: Good
  • Building Quality: A
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Shape Type: Sawtooth
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 976
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 18,905
  • Total Building Area: 4,599
  • Gross Building Area: 4,599
  • Building Area: 3,623
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,623
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAKE RIDGE SHORES 3
  • Land Acres: 0.434
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAKERIDGE SHORES 3 LT 329

Ownership

  • Current Owner : CASHELL ROBERT A
  • Current Owner 2: CASHELL ERMELINDA
  • Previous Owner : PEEK GEORGE F
  • Previous Owner 2: PEEK CANDI
  • Owner Before Previous Owner: TURVILLE GUILA D
  • Owner Before Previous Owner 2: THE GUILA D TURVILLE LIVING TR
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 001014

Zoning

  • Zoning: SF3

Geography

  • Assessors Map Reference: 042-09
  • Parcel: 042-080-39
  • Lot: 329
  • Municipality: CITY OF RENO
  • Latitude: 39.4741
  • Longitude: -119.825

    Address

  • Full Address: 2490 Lake Ridge Shrs E
  • Address - House Number: 2490
  • Street Segment Direction: E
  • Address - Street Name: Lake Ridge
  • Address - Suffix Type: Shrs
  • State: NV
  • City Name: Reno
  • Carrier Code: C027
  • 4-Digit Zip Code: 5732
  • Zip Code: 89519

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,053
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.1501
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 81
  • Final Value: 1,256,634
  • High Value: 1,445,362
  • Low Value: 1,067,907

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,200,000
  • First Open Lien Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Open Lien Mortgage Recording Date: May 12, 2022
  • First Open Lien Mortgage Loan Amount: $1,200,000
  • 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: Jun 01, 2052

    Market Valuation

  • Market Total Value: $675,241
  • Market Land Value: $209,000
  • Market Improvement Value: $466,241

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $294,064
  • Assessed Land Value: $96,250
  • Assessed Improvements Value: $197,814

    Sales

  • Current Sale Contract Date: Dec 06, 2021
  • Current Sale Recording Date: Dec 09, 2021
  • Current Sale Transaction ID: 11873826259
  • Current Sale Price: $2,500,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5256938
  • Previous Sale Recording Date: Sep 15, 2020
  • Previous Sale Contract Date: Sep 14, 2020
  • Previous Sale Amount: $1,940,000
  • Previous Sale Document Type: Bargain and Sale Deed

About Lakeridge Shores East



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Frequently Asked Questions

What neighborhood is 2490 Lake Ridge Shores East located in?
The 2490 Lake Ridge Shores East is a house located in the neighborhood of Lakeridge Shores East in Lakeridge Shores East, Reno.
What is the average sales price for listings in 2490 Lake Ridge Shores East?
The average sales price for units in 2490 Lake Ridge Shores East is $0 currently.

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