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3127 South Virginia Street

3127 South Virginia Street, Reno, NV 89502
Property in Nixon Farm
3127 South Virginia Street has been categorized by the local assessors in Reno, NV as a vacant type of property. This is a single story building so stairs are not necessary to access other parts of the home. The area measurement of the land has been determined as 47,075 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. 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 other control joints. The exterior walls of the building are made of wood siding. There is a single fireplace in the home. Perfect for those wintery nights. 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. The property was last sold in Jan 15, 2020 for $1,100,000. Prior to that sales transaction, the property was also sold in Jan 8, 2018 for $1,100,000. 3127 South Virginia Street was last assessed in 2024. The total value of the property was assessed at $313,049. Specifically, the land the property is located on was valued at $313,049. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $7,668. The initial tax year of delinquency was in 2023. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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
  • Construction Type: Other
  • Exterior Walls Type: Wood siding
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 47,075
  • Lot Size Frontage Feet: 10
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Vacant
  • Subdivision: NIXON FARM
  • Land Acres: 1.081
  • Standard Land Use Code: Commercial-vacant land
  • Legal Description 1: PM 4671 LT 1 (ROS 5911)

Ownership

  • Current Owner : SARONIC INVESTMENTS LLC
  • Previous Owner : BW VIRGINIA STREET LLC
  • Owner Before Previous Owner: EBI ONE NV LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 001018

Zoning

  • Zoning: MU

Geography

  • Assessors Map Reference: 4671
  • Parcel: 019-360-24
  • Lot: 1
  • Municipality: CITY OF RENO
  • Latitude: 39.4944
  • Longitude: -119.798

    Address

  • Full Address: 3127 S Virginia St
  • Address - House Number: 3127
  • Street Direction: S
  • Address - Street Name: Virginia
  • Address - Suffix Type: St
  • State: NV
  • City Name: Reno
  • Carrier Code: C073
  • 4-Digit Zip Code: 4505
  • Zip Code: 89502

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,668
  • Intital Tax Deliquent Year: 2023
  • Tax Rate Code Area: 1000

    Market Valuation

  • Market Total Value: $579,338
  • Market Land Value: $579,338

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $313,049
  • Assessed Land Value: $313,049

    Sales

  • Current Sale Contract Date: Jan 15, 2020
  • Current Sale Recording Date: Jan 21, 2020
  • Current Sale Transaction ID: 11718332027
  • Current Sale Price: $1,100,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 4992936
  • Previous Sale Recording Date: Jan 09, 2018
  • Previous Sale Contract Date: Jan 08, 2018
  • Previous Sale Amount: $1,100,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: BW VIRGINIA STREET LLC
  • First Mortgage Transaction Date: Jan 21, 2020
  • First Mortgage Loan Amount: $700,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Nixon Farm



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Frequently Asked Questions

What neighborhood is 3127 South Virginia Street located in?
The 3127 South Virginia Street is a located in the neighborhood of Nixon Farm in Nixon Farm, Reno.
What is the average sales price for listings in 3127 South Virginia Street?
The average sales price for units in 3127 South Virginia Street is $0 currently.

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