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3075 Bonfire Lane

3075 Bonfire Lane, Reno, NV 89521
Sold Sep 18, 2017
$441,000
$347,000 by Quicken Loans Inc
Mortgage Due Aug 01, 2049
3075 Bonfire Lane has been categorized by the local assessors in Reno, NV as a residential type of property. The building on the property was first built in 2017 and is 7 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 3075 Bonfire Lane has 2,255 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,589 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 664 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of concrete. The exterior walls of the building are made of a combination of material. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue 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, 3075 Bonfire Lane sold most recently in Aug 21, 2017 for a total of $441,000. If you work out the math, that's approximately a cost of $151.08 per sqft. 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 $5,044 in taxes each year. 3075 Bonfire Lane was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $185,160. If we break it down further, the land itself was valued at $50,715. Improvements to the property, however, were assessed at a total of $134,445. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 14
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 664
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,589
  • Total Building Area: 2,919
  • Gross Building Area: 2,919
  • Building Area: 2,255
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,255
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: DAMONTE RANCH VILLAGE 10C
  • Land Acres: 0.174
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DAMONTE RANCH VILLAGE 10C LOT 67

Ownership

  • Current Owner : ABE NICHOLAS
  • Current Owner 2: MORENO MICAHEL J
  • Previous Owner : TOLL SOUTH RENO LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 002210

Zoning

  • Zoning: PD

Geography

  • Parcel: 141-472-12
  • Lot: 67
  • Meridian: SEC 11 TWN 18N RNG 20E
  • Municipality: CITY OF RENO
  • Latitude: 39.4385
  • Longitude: -119.708

    Address

  • Full Address: 3075 Bonfire Ln
  • Address - House Number: 3075
  • Address - Street Name: Bonfire
  • Address - Suffix Type: Ln
  • State: NV
  • City Name: Reno
  • Carrier Code: R064
  • 4-Digit Zip Code: 4425
  • Zip Code: 89521

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,044
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.1501
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 81
  • Final Value: 808,274
  • High Value: 929,664
  • Low Value: 686,883

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $347,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Aug 07, 2019
  • First Open Lien Mortgage Loan Amount: $347,000
  • 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: Aug 01, 2049

    Market Valuation

  • Market Total Value: $402,313
  • Market Land Value: $105,900
  • Market Improvement Value: $296,413

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $185,160
  • Assessed Land Value: $50,715
  • Assessed Improvements Value: $134,445

    Sales

  • Current Sale Contract Date: Aug 21, 2017
  • Current Sale Recording Date: Sep 18, 2017
  • Current Sale Transaction ID: 1734162556
  • Current Sale Price: $441,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 4745198

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT FUNDING INC
  • First Mortgage Transaction Date: Sep 18, 2017
  • First Mortgage Loan Amount: $352,458
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2047

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Frequently Asked Questions

What neighborhood is 3075 Bonfire Lane located in?
The 3075 Bonfire Lane is a house located in the neighborhood of Southeast Reno in Southeast Reno, Reno.
What is the average sales price for listings in 3075 Bonfire Lane?
The average sales price for units in 3075 Bonfire Lane is $0 currently.

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