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3435 Balboa Drive

3435 Balboa Drive, Reno, NV 89503
Sold Feb 11, 2021
$246,000
$238,620 by Guild Mortgage Co
Mortgage Due Mar 01, 2051
Sold Dec 13, 2018
$195,000
$200,106 by Guild Mortgage Co
Mortgage Due Jan 01, 2049
3435 Balboa Drive 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 1978 and is 46 years old. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3435 Balboa Drive has 952 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 1,708 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

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 440 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as good. 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 D by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of wood. In terms of heating, it is utilizing a forced air unit. 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. 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, 3435 Balboa Drive sold most recently in Feb 9, 2021 for a total of $246,000. If you work out the math, that's approximately a cost of $176.72 per sqft. Before that, the property was also sold for $195,000 in Dec 13, 2018. 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 $1,082 in taxes each year. 3435 Balboa Drive was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $43,989. If we break it down further, the land itself was valued at $26,234. Improvements to the property, however, were assessed at a total of $17,755. 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.

Building Features

Exterior

Wood Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Condo
  • Exterior Walls Type: Wood
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 1,708
  • Total Building Area: 1,392
  • Gross Building Area: 1,392
  • Building Area: 952
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 952
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SIERRA VISTA VILLAS OF RENO 2
  • Land Acres: 0.039
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: SIERRA VISTA VILLAS OF RENO 2 LT 14 BLK 1

Ownership

  • Current Owner : MARKS ANDREW
  • Previous Owner : FLORES JOSE R
  • Owner Before Previous Owner: MTC BDC HOLDINGS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 002401

Zoning

  • Zoning: MF14

Geography

  • Assessors Map Reference: 001-07
  • Parcel: 001-071-14
  • Block: 1
  • Lot: 14
  • Municipality: CITY OF RENO
  • Latitude: 39.5448
  • Longitude: -119.855

    Address

  • Full Address: 3435 Balboa Dr
  • Address - House Number: 3435
  • Address - Street Name: Balboa
  • Address - Suffix Type: Dr
  • State: NV
  • City Name: Reno
  • Carrier Code: C088
  • 4-Digit Zip Code: 1805
  • Zip Code: 89503

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,082
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.1714
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 305,098
  • High Value: 357,417
  • Low Value: 252,779

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $238,620
  • First Open Lien Mortgage Lender: GUILD MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Feb 11, 2021
  • First Open Lien Mortgage Loan Amount: $238,620
  • 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: Mar 01, 2051

    Market Valuation

  • Market Total Value: $83,867
  • Market Land Value: $42,370
  • Market Improvement Value: $41,497

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $43,989
  • Assessed Land Value: $26,234
  • Assessed Improvements Value: $17,755

    Sales

  • Current Sale Contract Date: Feb 09, 2021
  • Current Sale Recording Date: Feb 11, 2021
  • Current Sale Transaction ID: 11822295989
  • Current Sale Price: $246,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5140939
  • Previous Sale Recording Date: Dec 13, 2018
  • Previous Sale Contract Date: Dec 13, 2018
  • Previous Sale Amount: $195,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUILD MORTGAGE CO
  • First Mortgage Transaction Date: Feb 11, 2021
  • First Mortgage Loan Amount: $238,620
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: GUILD MORTGAGE CO
  • Previous Mortgage Transaction Date: Dec 13, 2018
  • Previous Mortgage Loan Amount: $200,106
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jan 01, 2049

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Frequently Asked Questions

What neighborhood is 3435 Balboa Drive located in?
The 3435 Balboa Drive is a other located in the neighborhood of Sierra Vista Villas of Reno in Sierra Vista Villas of Reno, Reno.
What is the average sales price for listings in 3435 Balboa Drive?
The average sales price for units in 3435 Balboa Drive is $0 currently.

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