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3260 Argo Way

3260 Argo Way, Reno, NV 89509
Sold Nov 20, 2020
$560,000
$510,400 by Infinity Equity Group
Mortgage Due Dec 01, 2050
Sold Aug 05, 2020
$370,000
Local assessors in Reno, NV have categorized 3260 Argo Way as a residential type of property. The home was built in 1966 and is 58 years old. The property's lot size has been calculated to be 13,112 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 3260 Argo Way has a total of 1,638 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 - C. The building has a roof that is made of composition shingle. Lots of wood siding 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, 3260 Argo Way sold most recently in Nov 19, 2020 for a total of $560,000. If you work out the math, that's approximately a cost of $261.44 per sqft. Before that, the property was also sold for $370,000 in Aug 4, 2020. 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 $1,932 in taxes each year. 3260 Argo Way was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $91,931. If we break it down further, the land itself was valued at $61,250. Improvements to the property, however, were assessed at a total of $30,681. 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.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood siding
  • 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: 13,112
  • Total Building Area: 2,142
  • Gross Building Area: 2,152
  • Building Area: 1,638
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,638
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SOUTHWEST TERRACE 2
  • Land Acres: 0.301
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SOUTHWEST TERRACE 2 LT 14

Ownership

  • Current Owner : LOMAS ALICIA
  • Previous Owner : ABACUS CAPITAL LLC
  • Owner Before Previous Owner: JORGENSEN ANDREW
  • Owner Before Previous Owner 2: TONE SARAH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: SF5

Geography

  • Assessors Map Reference: 023-20
  • Parcel: 023-204-02
  • Lot: 14
  • Municipality: CITY OF RENO
  • Latitude: 39.4877
  • Longitude: -119.839

    Address

  • Full Address: 3260 Argo Way
  • Address - House Number: 3260
  • Address - Street Name: Argo
  • Address - Suffix Type: Way
  • State: NV
  • City Name: Reno
  • Carrier Code: C001
  • 4-Digit Zip Code: 5001
  • Zip Code: 89509

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,932
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.1591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 668,908
  • High Value: 775,338
  • Low Value: 562,479

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $510,400
  • First Open Lien Mortgage Lender: INFINITY EQUITY GROUP
  • First Open Lien Mortgage Recording Date: Nov 20, 2020
  • First Open Lien Mortgage Loan Amount: $510,400
  • 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: Dec 01, 2050

    Market Valuation

  • Market Total Value: $166,415
  • Market Land Value: $103,000
  • Market Improvement Value: $63,415

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $91,931
  • Assessed Land Value: $61,250
  • Assessed Improvements Value: $30,681

    Sales

  • Current Sale Contract Date: Nov 19, 2020
  • Current Sale Recording Date: Nov 20, 2020
  • Current Sale Transaction ID: 11803584495
  • Current Sale Price: $560,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5107039
  • Previous Sale Recording Date: Aug 05, 2020
  • Previous Sale Contract Date: Aug 04, 2020
  • Previous Sale Amount: $370,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: INFINITY EQUITY GROUP
  • First Mortgage Transaction Date: Nov 20, 2020
  • First Mortgage Loan Amount: $510,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

About Southwest Terrace



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Frequently Asked Questions

What neighborhood is 3260 Argo Way located in?
The 3260 Argo Way is a other located in the neighborhood of Southwest Terrace in Southwest Terrace, Reno.
What is the average sales price for listings in 3260 Argo Way?
The average sales price for units in 3260 Argo Way is $350,000 , or $214/sqft. currently.

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