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3075 Markridge Drive

3075 Markridge Drive, Reno, NV 89509
Sold Nov 16, 2016
$425,000
Buyer
Seller
$581,250 by Crosscountry Mortgage Llc
Mortgage Due Sep 01, 2052
Sold Aug 20, 2004
$275,000
3075 Markridge Drive in Reno, NV was first built in 1989 and is 35 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 3075 Markridge Drive has 3,344 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 22,041 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The roof of the home is made of tile. Water for the property is sourced from a municipal system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a detached garage. The garage is 638 sqft. There are a total of 2 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 B. The condition of the building has been evaluated as good. The exterior walls of the home are made of a combination of material. 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. 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 Markridge Drive sold most recently in Nov 9, 2016 for a total of $425,000. If you work out the math, that's approximately a cost of $127.09 per sqft. Before that, the property was also sold for $275,000 in Aug 20, 2004. 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 $3,665 in taxes each year. 3075 Markridge Drive was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $168,182. If we break it down further, the land itself was valued at $49,891. Improvements to the property, however, were assessed at a total of $118,291. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Exterior

Stucco Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 15
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 638
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 22,041
  • Total Building Area: 3,344
  • Gross Building Area: 3,514
  • Building Area: 3,344
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 3,344
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: _UNSPECIFIED
  • Land Acres: 0.506
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PM 633 LT 2

Ownership

  • Current Owner : IRONS EDWIN
  • Previous Owner : G J I LLC
  • Owner Before Previous Owner: FAIRBANKS JONATHAN R
  • Owner Before Previous Owner 2: FAIRBANKS LINDA M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 001104

Zoning

  • Zoning: SF3

Geography

  • Assessors Map Reference: 633
  • Parcel: 018-261-22
  • Lot: 2
  • Municipality: CITY OF RENO
  • Latitude: 39.4932
  • Longitude: -119.843

    Address

  • Full Address: 3075 Markridge Dr
  • Address - House Number: 3075
  • Address - Street Name: Markridge
  • Address - Suffix Type: Dr
  • State: NV
  • City Name: Reno
  • Carrier Code: C050
  • 4-Digit Zip Code: 3837
  • Zip Code: 89509

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,665
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.0659
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 96
  • Final Value: 946,294
  • High Value: 1,008,694
  • Low Value: 883,894

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $581,250
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Aug 12, 2022
  • First Open Lien Mortgage Loan Amount: $581,250
  • 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: Sep 01, 2052

    Market Valuation

  • Market Total Value: $360,116
  • Market Land Value: $89,250
  • Market Improvement Value: $270,866

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $168,182
  • Assessed Land Value: $49,891
  • Assessed Improvements Value: $118,291

    Sales

  • Current Sale Contract Date: Nov 09, 2016
  • Current Sale Recording Date: Nov 16, 2016
  • Current Sale Transaction ID: 1857016909
  • Current Sale Price: $425,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 4653820
  • Previous Sale Recording Date: Aug 20, 2004
  • Previous Sale Contract Date: Aug 20, 2004
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOWARD BANK
  • First Mortgage Transaction Date: Nov 16, 2016
  • First Mortgage Loan Amount: $330,941
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2031

About Markridge Southwest



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Frequently Asked Questions

What neighborhood is 3075 Markridge Drive located in?
The 3075 Markridge Drive is a located in the neighborhood of Markridge Southwest in Markridge Southwest, Reno.
What is the average sales price for listings in 3075 Markridge Drive?
The average sales price for units in 3075 Markridge Drive is $0 currently.

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