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3400 Sigg Drive

3400 Sigg Drive, Reno, NV 89509
Multifamily in Washoe
Sold Aug 21, 2019
$1,750,000
$1,143,000 by Sabal Capital Ii Llc
Mortgage
Sold Sep 17, 2004
$1,300,000
3400 Sigg Drive in Reno, NV was first built in 1946 and is 78 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 20 are bedrooms. In terms of bathrooms, there are a total of 19 full bathrooms. There are 19 partial bathrooms. 3400 Sigg Drive has 11,798 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 31,003 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 composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 2,016 sqft. There are a total of 7 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 wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of E. The exterior walls of the home are made of materials we are unsure of. As for heating, the home is utilizing a hot water heating system. 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. The property was last sold in Aug 9, 2019 for $1,750,000. That's $148.33 per sqft. Prior to that sales transaction, the property was also sold in Sep 14, 2004 for $1,300,000. 3400 Sigg Drive was last assessed in 2024. The total value of the property was assessed at $239,905. Specifically, the land the property is located on was valued at $134,663. While improvements on the property were assessed at a total of $105,242. 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 $6,207. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Exterior

Wood Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Building Count: 1
  • Bedroom Count: 20
  • Bathroom Count: 19
  • Full Bathrooms: 19
  • Partial Bathrooms: 19
  • Bathroom Plumbing Fixtures: 94
  • Building Quality: E
  • Construction Type: Wood
  • Building Style: Multifamily
  • Exterior Walls Type: Other
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 19
  • Business/Commerical Units Count: 19
  • Basement Type: Unfinished basement
  • Basement Area: 308
  • Garage Type: Attached
  • Garage Square Area: 2,016
  • Parking Space Count: 7

    Dimensions

  • Lot Size Square Feet: 31,003
  • Total Building Area: 11,798
  • Gross Building Area: 12,106
  • Building Area: 11,798
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 11,798
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: _UNSPECIFIED
  • Land Acres: 0.712
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: RS 4304 FR LT A

Ownership

  • Current Owner : LEMON HILL LLC
  • Previous Owner : OPPIO RANCHES LLC
  • Owner Before Previous Owner: CANNON HAZEL E
  • 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: 019-37
  • Subdivision Tract Number: 4304
  • Parcel: 019-373-17
  • Lot: A
  • Municipality: CITY OF RENO
  • Latitude: 39.4927
  • Longitude: -119.798

    Address

  • Full Address: 3400 Sigg Dr
  • Address - House Number: 3400
  • Address - Street Name: Sigg
  • Address - Suffix Type: Dr
  • State: NV
  • City Name: Reno
  • Carrier Code: C025
  • 4-Digit Zip Code: 4944
  • Zip Code: 89509

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,207
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.2968
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 40
  • Final Value: 972,245
  • High Value: 1,260,849
  • Low Value: 683,640

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,143,000
  • First Open Lien Mortgage Lender: SABAL CAPITAL II LLC
  • First Open Lien Mortgage Recording Date: Aug 21, 2019
  • First Open Lien Mortgage Loan Amount: $1,143,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $433,441
  • Market Land Value: $228,000
  • Market Improvement Value: $205,441

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $239,905
  • Assessed Land Value: $134,663
  • Assessed Improvements Value: $105,242

    Sales

  • Current Sale Contract Date: Aug 09, 2019
  • Current Sale Recording Date: Aug 21, 2019
  • Current Sale Transaction ID: 11637754150
  • Current Sale Price: $1,750,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 4942791
  • Previous Sale Recording Date: Sep 17, 2004
  • Previous Sale Contract Date: Sep 14, 2004
  • Previous Sale Amount: $1,300,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SABAL CAPITAL II LLC
  • First Mortgage Transaction Date: Aug 21, 2019
  • First Mortgage Loan Amount: $1,143,000
  • First Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 3400 Sigg Drive located in?
The 3400 Sigg Drive is a multifamily located in the neighborhood of Washoe in Reno, Reno.
What is the average sales price for listings in 3400 Sigg Drive?
The average sales price for units in 3400 Sigg Drive is $0 currently.

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