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3845 Chelsea Square

3845 Chelsea Square, Reno, NV 89509
Sold Apr 09, 2019
$415,000
$453,894 by Finance Of America Mortgage Ll
Mortgage Due Jan 01, 2052
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The property has no active listings. Please see other similar options below.
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3845 Chelsea Square in Reno, NV was first built in 1973 and is 51 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 3845 Chelsea Square has 1,735 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 11,805 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 420 sqft. There are a total of 2 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 frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with solar energy. 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. 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, 3845 Chelsea Square sold most recently in Mar 29, 2019 for a total of $415,000. If you work out the math, that's approximately a cost of $192.58 per sqft. 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 $2,013 in taxes each year. 3845 Chelsea Square was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $80,977. If we break it down further, the land itself was valued at $50,120. Improvements to the property, however, were assessed at a total of $30,857. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1973
  • Effective Year Built: 1973
  • 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
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,805
  • Total Building Area: 2,155
  • Gross Building Area: 2,423
  • Building Area: 1,735
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,735
  • Heating Fuel Type: Solar energy

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TWIN LAKES ESTATES 1
  • Land Acres: 0.271
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TWIN LAKES EST 1 LT 10 BLK P

Ownership

  • Current Owner : MCPHERSON CHRISTOPHER
  • Current Owner 2: YOUNG CHRISTINE
  • Previous Owner : RICHARDSON JAMES L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 001015

Zoning

  • Zoning: SF5

Geography

  • Assessors Map Reference: 023-17
  • Parcel: 023-175-05
  • Block: P
  • Lot: 10
  • Municipality: CITY OF RENO
  • Latitude: 39.4779
  • Longitude: -119.842

    Address

  • Full Address: 3845 Chelsea Sq
  • Address - House Number: 3845
  • Address - Street Name: Chelsea
  • Address - Suffix Type: Sq
  • State: NV
  • City Name: Reno
  • Carrier Code: C039
  • 4-Digit Zip Code: 5607
  • Zip Code: 89509

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,013
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.1591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 628,883
  • High Value: 728,945
  • Low Value: 528,822

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $535,894
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Dec 13, 2021
  • First Open Lien Mortgage Loan Amount: $453,894
  • 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: Jan 01, 2052
  • Second Open Lien Mortgage Lender: SPRING EQ, LLC
  • Second Open Lien Mortgage Recording Date: Nov 16, 2023
  • Second Open Lien Mortgage Loan Amount: $82,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2053

    Market Valuation

  • Market Total Value: $167,606
  • Market Land Value: $95,000
  • Market Improvement Value: $72,606

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $80,977
  • Assessed Land Value: $50,120
  • Assessed Improvements Value: $30,857

    Sales

  • Current Sale Contract Date: Mar 29, 2019
  • Current Sale Recording Date: Apr 09, 2019
  • Current Sale Transaction ID: 11596743957
  • Current Sale Price: $415,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 4900782

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Apr 09, 2019
  • First Mortgage Loan Amount: $407,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2049

About Twin Lakes Estates



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Frequently Asked Questions

What neighborhood is 3845 Chelsea Square located in?
The 3845 Chelsea Square is a house located in the neighborhood of Twin Lakes Estates in Twin Lakes Estates, Reno.
What is the average sales price for listings in 3845 Chelsea Square?
The average sales price for units in 3845 Chelsea Square is $0 currently.

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