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2500 Painted River Trail

2500 Painted River Trail, Reno, NV 89523
Property in Somersett
Local assessors in Reno, NV have categorized 2500 Painted River Trail as a residential type of property. The home was built in 2020 and is 4 years old. The property's lot size has been calculated to be 25,439 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, 5 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 4 full bathrooms. There are also 4 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 2500 Painted River Trail has a total of 3,619 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 1,024 sqft. There are 4 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 - A. The building has a roof that is made of concrete. Lots of wood siding 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. 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, 2500 Painted River Trail was last sold in Jan 18, 2021 for $1,399,000. According to our calculations, that's $301.31 per sqft. Prior to that sales transaction, the property was sold for $55,000 in Aug 28, 2018. Current property owners are expected to pay $13,341 in taxes per year. The property on 2500 Painted River Trail was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $450,393. To break that down further, the land itself was valued at $42,000. While improvements to the property were assessed at a total of $408,393. 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

Wood Siding

Parking

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200721
07/21/2020
Loft
4 Bath
3663 ft²
$1,399,000
bedrooms
Loft
bathrooms
4 Bath
square feet
3663 ft²
$1,399,000
02/04/2021
Kristi Maxwell

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 19
  • Building Quality: A
  • Construction Type: Frame
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 1,024
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 25,439
  • Total Building Area: 4,643
  • Gross Building Area: 4,643
  • Building Area: 3,619
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,619
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: AREA 3 PHASE 1 @ SOMERSETT
  • Land Acres: 0.584
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RS 4534 LOT 356B

Ownership

  • Current Owner : GREENE SAMUEL ADAM
  • Current Owner 2: GREENE ALLISON HOPE
  • Previous Owner : MYERS PROPERTIES LLC
  • Owner Before Previous Owner: POKER BROWN LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 002303

Zoning

  • Zoning: PD

Geography

  • Assessors Map Reference: 232-53
  • Subdivision Tract Number: 4534
  • Parcel: 232-533-07
  • Lot: 356B
  • Meridian: SEC 2 TWN 19N RNG 18E
  • Municipality: CITY OF RENO - VERDI T.V.
  • Latitude: 39.5448
  • Longitude: -119.92

    Address

  • Full Address: 2500 Painted River Trl
  • Address - House Number: 2500
  • Address - Street Name: Painted River
  • Address - Suffix Type: Trl
  • State: NV
  • City Name: Reno
  • Carrier Code: R024
  • 4-Digit Zip Code: 3846
  • Zip Code: 89523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,341
  • Tax Rate Code Area: 1011

    Appraisal Valuation

  • Standard Deviation: 0.1591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 1,358,426
  • High Value: 1,574,645
  • Low Value: 1,142,206

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,189,150
  • First Open Lien Mortgage Lender: TRUIST BANK
  • First Open Lien Mortgage Recording Date: Feb 04, 2021
  • First Open Lien Mortgage Loan Amount: $1,189,150
  • 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: Mar 01, 2051

    Market Valuation

  • Market Total Value: $974,931
  • Market Land Value: $75,000
  • Market Improvement Value: $899,931

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $450,393
  • Assessed Land Value: $42,000
  • Assessed Improvements Value: $408,393

    Sales

  • Current Sale Contract Date: Jan 18, 2021
  • Current Sale Recording Date: Feb 04, 2021
  • Current Sale Transaction ID: 11818119687
  • Current Sale Price: $1,399,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5137573
  • Previous Sale Recording Date: Aug 29, 2018
  • Previous Sale Contract Date: Aug 28, 2018
  • Previous Sale Amount: $55,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRUIST BANK
  • First Mortgage Transaction Date: Feb 04, 2021
  • First Mortgage Loan Amount: $1,189,150
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

About Somersett



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Frequently Asked Questions

What neighborhood is 2500 Painted River Trail located in?
The 2500 Painted River Trail is a other located in the neighborhood of Somersett in Somersett, Reno.
What is the average sales price for listings in 2500 Painted River Trail?
The average sales price for units in 2500 Painted River Trail is $1,475,000 , or $403/sqft. currently.

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