See Home Value
$879,179*
House - Off Market

3540 Socrates Dr

Reno, NV 89512
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3160 Sqft
$495,000 - $605,000
Reference Base Price*
59.85%
Since Aug 1, 2017
National-US
Primary Model
Sold Nov 17, 2017
$435,000
$425,000 by Usaa Fsb
Mortgage Due Dec 01, 2047
Sold Nov 07, 2008
$380,000
$367,317 by Universal American Mortgage Co
Mortgage Due Dec 01, 2038

About This Property

Located high atop University Ridge, this beautiful single family home comes with lots of upgrades, including granite kitchen counter tops with large island, mahogany cabinets, tile floors, four bedrooms plus upstairs bonus room and 3 full baths. Bedroom and full bath on main floor. Separate formal living room and family room ideal for entertaining! Large private backyard is ready for your imagination and creativity. Original owners have kept this home clean with very little wear and tear.  Listing Agent: Corinthia Lujan Email Address: [email protected] Broker: Keller Williams Group One Inc.

The manager has listed the unit size as 3160 square feet.
Unit Size
3,160Ft²
Days on Market
-
Land Size
-
Price per sqft
$174
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2008

Price History

Date / Event Date Event Price
Nov 17, 2017 Sold to Kimbelry R Hice, Shane C Hice $435,000
Sold to Kimbelry R Hice, Shane C Hice
Jul 30, 2017 Listed $550,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 16
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 630
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 14,307
  • Total Building Area: 3,790
  • Gross Building Area: 3,790
  • Building Area: 3,160
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,160
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: UNIVERSITY RIDGE 7 & 9 PH 2
  • Land Acres: 0.328
  • Standard Land Use Code: Single family residential
  • Legal Description 1: UNIVERSITY RIDGE 7 & 9 PH 2 LT 1

Ownership

  • Current Owner : HICE SHANE C
  • Current Owner 2: HICE KIMBELRY R
  • Previous Owner : GESSLER NORMAN F
  • Previous Owner 2: GESSLER MYRNA M
  • Owner Before Previous Owner: LENNAR RENO LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 001501

Zoning

  • Zoning: PD

Geography

  • Assessors Map Reference: 003-81
  • Parcel: 003-813-01
  • Lot: 1
  • Meridian: SEC 35 TWN 20N RNG 19E
  • Municipality: CITY OF RENO
  • Latitude: 39.5619
  • Longitude: -119.816

    Address

  • Full Address: 3540 Socrates Dr
  • Address - House Number: 3540
  • Address - Street Name: Socrates
  • Address - Suffix Type: Dr
  • State: NV
  • City Name: Reno
  • Carrier Code: C069
  • 4-Digit Zip Code: 4565
  • Zip Code: 89512

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,670
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.1501
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 81
  • Final Value: 808,041
  • High Value: 929,397
  • Low Value: 686,685

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $425,000
  • First Open Lien Mortgage Lender: USAA FSB
  • First Open Lien Mortgage Recording Date: Nov 17, 2017
  • First Open Lien Mortgage Loan Amount: $425,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2047

    Market Valuation

  • Market Total Value: $407,463
  • Market Land Value: $82,800
  • Market Improvement Value: $324,663

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $188,382
  • Assessed Land Value: $42,525
  • Assessed Improvements Value: $145,857

    Sales

  • Current Sale Contract Date: Oct 03, 2017
  • Current Sale Recording Date: Nov 17, 2017
  • Current Sale Transaction ID: 11303342417
  • Current Sale Price: $435,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 4764573
  • Previous Sale Recording Date: Nov 07, 2008
  • Previous Sale Contract Date: Nov 06, 2008
  • Previous Sale Amount: $380,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: USAA FSB
  • First Mortgage Transaction Date: Nov 17, 2017
  • First Mortgage Loan Amount: $425,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Dec 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: UNIVERSAL AMERICAN MORTGAGE CO
  • Previous Mortgage Transaction Date: Nov 07, 2008
  • Previous Mortgage Loan Amount: $367,317
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Dec 01, 2038



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About University Ridge


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Frequently Asked Questions

When was property at 3540 Socrates Drive built and last sold?
The property at 3540 Socrates Drive was built in 2008 and last sold on Oct 3, 2017 for $435,000.
How much is this home worth?
The estimated value of the home located at 3540 Socrates Drive is $546,650.
What are some comparable homes to 3540 Socrates Drive?
There are currently no comparable homes to 3540 Socrates Drive.

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