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3001 Chavez Drive

3001 Chavez Drive, Reno, NV 89502
Sold Sep 25, 2018
$315,000
$278,200 by Pennymac Loan Services Llc
Mortgage Due Aug 01, 2041
Sold May 03, 2005
$320,000
$256,000 by Ctx Mortgage Company Llc
Mortgage Due May 01, 2035
Local assessors in Reno, NV have categorized 3001 Chavez Drive as a residential type of property. The home was built in 1977 and is 47 years old. It was most recently renovated and altered in 1979. The property's lot size has been calculated to be 6,186 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, 3 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 2 full bathrooms. There are also 2 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 3001 Chavez Drive has a total of 1,695 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 504 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 - D. 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. 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. 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, 3001 Chavez Drive sold most recently in Sep 24, 2018 for a total of $315,000. If you work out the math, that's approximately a cost of $143.25 per sqft. Before that, the property was also sold for $320,000 in Apr 11, 2005. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,659 in taxes each year. 3001 Chavez Drive was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $65,446. If we break it down further, the land itself was valued at $32,550. Improvements to the property, however, were assessed at a total of $32,897. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1979
  • 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: Wood
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 504
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,186
  • Total Building Area: 2,199
  • Gross Building Area: 2,504
  • Building Area: 1,695
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,695
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: EL RANCHO BUENA VISTA 3
  • Land Acres: 0.142
  • Standard Land Use Code: Single family residential
  • Legal Description 1: EL RANCHO BUENA VISTA 3 LT 66

Ownership

  • Current Owner : OLIVAS RICHARD P
  • Previous Owner : VERGARA PRECIOSA R
  • Previous Owner 2: VERGARA LEE B
  • Owner Before Previous Owner: CASTILLO ROBERTO S
  • Owner Before Previous Owner 2: CASTILLO TANI G
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 002106

Zoning

  • Zoning: SF8

Geography

  • Assessors Map Reference: 021-22
  • Parcel: 021-222-04
  • Lot: 66
  • Meridian: SEC 28 TWN 19N RNG 20E
  • Municipality: CITY OF RENO
  • Latitude: 39.4873
  • Longitude: -119.749

    Address

  • Full Address: 3001 Chavez Dr
  • Address - House Number: 3001
  • Address - Street Name: Chavez
  • Address - Suffix Type: Dr
  • State: NV
  • City Name: Reno
  • Carrier Code: C005
  • 4-Digit Zip Code: 4989
  • Zip Code: 89502

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,659
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.1657
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 466,393
  • High Value: 543,679
  • Low Value: 389,106

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $278,200
  • First Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Open Lien Mortgage Recording Date: Jul 26, 2021
  • First Open Lien Mortgage Loan Amount: $278,200
  • 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: Aug 01, 2041

    Market Valuation

  • Market Total Value: $137,700
  • Market Land Value: $59,000
  • Market Improvement Value: $78,700

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $65,446
  • Assessed Land Value: $32,550
  • Assessed Improvements Value: $32,897

    Sales

  • Current Sale Contract Date: Sep 24, 2018
  • Current Sale Recording Date: Sep 25, 2018
  • Current Sale Transaction ID: 11507936551
  • Current Sale Price: $315,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 4853299
  • Previous Sale Recording Date: May 03, 2005
  • Previous Sale Contract Date: Apr 11, 2005
  • Previous Sale Amount: $320,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHERRY CREEK MORTGAGE CO INC
  • First Mortgage Transaction Date: Sep 25, 2018
  • First Mortgage Loan Amount: $283,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: CTX MORTGAGE COMPANY LLC
  • Previous Mortgage Transaction Date: May 03, 2005
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $256,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: May 01, 2035

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Frequently Asked Questions

What neighborhood is 3001 Chavez Drive located in?
The 3001 Chavez Drive is a house located in the neighborhood of El Rancho Buena Vista in El Rancho Buena Vista, Reno.
What is the average sales price for listings in 3001 Chavez Drive?
The average sales price for units in 3001 Chavez Drive is $0 currently.

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