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2595 Drake Wood Court

2595 Drake Wood Court, Reno, NV 89523
Land in Somersett
This has been categorized as a vacant property type. In total, the area measurement of the land is 23,052 square feet.

Learn more about the property and building on this page. 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. 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, 2595 Drake Wood Court sold most recently in Nov 3, 2021 for a total of $170,000. Before that, the property was also sold for $123,000 in Jul 3, 2017. 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 $836 in taxes each year. 2595 Drake Wood Court was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $76,717. If we break it down further, the land itself was valued at $75,600. Improvements to the property, however, were assessed at a total of $1,117. 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. 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.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.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 23,052
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Vacant
  • Subdivision: AREA 3 PHASE 1 @ SOMERSETT
  • Land Acres: 0.529
  • Standard Land Use Code: Residential-vacant land
  • Legal Description 1: AREA 3 PH 1 @ SOMERSETT LT 334

Ownership

  • Current Owner : GREAGER BRYCE MALLOY
  • Previous Owner : NEAL THOMAS F
  • Owner Before Previous Owner: SOETHOUT WARREN E

Neighborhood

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

Zoning

  • Zoning: PD

Geography

  • Assessors Map Reference: 232-52
  • Parcel: 232-523-03
  • Lot: 334
  • Municipality: CITY OF RENO - VERDI T.V.
  • Latitude: 39.5419
  • Longitude: -119.924

    Address

  • Full Address: 2595 Drake Wood Ct
  • Address - House Number: 2595
  • Address - Street Name: Drake Wood
  • Address - Suffix Type: Ct
  • State: NV
  • City Name: Reno
  • Carrier Code: R024
  • 4-Digit Zip Code: 2876
  • Zip Code: 89523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $836
  • Tax Rate Code Area: 1011

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $99,000
  • First Open Lien Mortgage Lender: WASHINGTON FEDERAL NA
  • First Open Lien Mortgage Recording Date: Nov 15, 2021
  • First Open Lien Mortgage Loan Amount: $99,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2041

    Market Valuation

  • Market Total Value: $137,378
  • Market Land Value: $135,000
  • Market Improvement Value: $2,378

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $76,717
  • Assessed Land Value: $75,600
  • Assessed Improvements Value: $1,117

    Sales

  • Current Sale Contract Date: Nov 03, 2021
  • Current Sale Recording Date: Nov 15, 2021
  • Current Sale Transaction ID: 11870057487
  • Current Sale Price: $170,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5248420
  • Previous Sale Recording Date: Aug 04, 2017
  • Previous Sale Contract Date: Jul 03, 2017
  • Previous Sale Amount: $123,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: WASHINGTON FEDERAL NA
  • First Mortgage Transaction Date: Nov 15, 2021
  • First Mortgage Loan Amount: $99,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2041

    Previous Mortgages

  • Previous Mortgage Lender: THE SOETHOUT 2012 LIVING TRUST
  • Previous Mortgage Transaction Date: Aug 04, 2017
  • Previous Mortgage Loan Amount: $75,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)

About Somersett



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Nearby Rentals

Unit for rent at

$2,700 /mo

  • 4 Beds
  • 3 Baths
  • 2,034 ft²
Listing by Cyndi Dawson
Unit for rent at

$6,000 /mo

  • 4 Beds
  • 3 Baths
  • 4,189 ft²
Listing by Manager
Unit for rent at

$3,380 /mo

  • 3 Beds
  • 2 Baths
  • 2,143 ft²
Listing by Manager
Unit for rent at

$5,300 /mo

  • 5 Beds
  • 4.5 Baths
  • 5,782 ft²
Listing by Manager
Unit for rent at

$3,400 /mo

  • 4 Beds
  • 3.5 Baths
  • 2,908 ft²
Listing by Manager
Unit for rent at

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,718 ft²
Listing by Manager
Unit for rent at

$3,199 /mo

  • 4 Beds
  • 3.5 Baths
  • 3,055 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 2595 Drake Wood Court located in?
The 2595 Drake Wood Court is a land located in the neighborhood of Somersett in Somersett, Reno.
What is the average sales price for listings in 2595 Drake Wood Court?
The average sales price for units in 2595 Drake Wood Court is $0 currently.

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