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3850 South Folsom Drive

3850 South Folsom Drive, Reno, NV 89509
Sold Aug 27, 2018
$800,000
$636,500 by Pnc Bank Na
Mortgage Due Apr 01, 2049
Sold Jun 18, 2010
$455,000
$414,100 by Pinnacle Mortgage Of Nevada Ll
Mortgage Due Jul 01, 2040
3850 South Folsom 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 2006 and is 18 years old. However, we must point out that the home was most recently renovated and altered in 2008. The home has a total of 5 bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3850 South Folsom Drive has 3,617 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement with daylight that is 1,807 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 41,242 square feet.

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 958 sqft. According to our sources, there are a total of 4 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. 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 A by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of wood. The inside of the home is being cooled with central air conditioning at the moment. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3850 South Folsom Drive was last sold in Aug 17, 2018 for $800,000. According to our calculations, that's $174.86 per sqft. Prior to that sales transaction, the property was sold for $455,000 in Jun 7, 2010. Current property owners are expected to pay $7,793 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2023. The property on 3850 South Folsom Drive was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $249,816. To break that down further, the land itself was valued at $52,668. While improvements to the property were assessed at a total of $197,148. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 20
  • Building Quality: A
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement with daylight
  • Basement Area: 1,807
  • Garage Type: Attached
  • Garage Square Area: 958
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 41,242
  • Total Building Area: 4,575
  • Gross Building Area: 4,575
  • Building Area: 3,617
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,617
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: _UNSPECIFIED
  • Land Acres: 0.947
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PM 4000 LOT 1

Ownership

  • Current Owner : LIN WENDY Y
  • Current Owner 2: WHEATON DREW
  • Previous Owner : YOUNG THOMAS C
  • Previous Owner 2: YOUNG SHELBY H
  • Owner Before Previous Owner: POTTENGER STEVEN T
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 001105

Zoning

  • Zoning: SF3

Geography

  • Assessors Map Reference: 4000
  • Parcel: 216-040-16
  • Lot: 1
  • Meridian: SEC 21 TWN 19N RNG 19E
  • Municipality: CITY OF RENO
  • Latitude: 39.4982
  • Longitude: -119.851

    Address

  • Full Address: 3850 S Folsom Dr
  • Address - House Number: 3850
  • Street Direction: S
  • Address - Street Name: Folsom
  • Address - Suffix Type: Dr
  • State: NV
  • City Name: Reno
  • Carrier Code: C022
  • 4-Digit Zip Code: 3089
  • Zip Code: 89509

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,793
  • Intital Tax Deliquent Year: 2023
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.1642
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 1,143,264
  • High Value: 1,331,030
  • Low Value: 955,498

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $636,500
  • First Open Lien Mortgage Lender: PNC BANK NA
  • First Open Lien Mortgage Recording Date: Mar 06, 2019
  • First Open Lien Mortgage Loan Amount: $636,500
  • 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: Apr 01, 2049

    Market Valuation

  • Market Total Value: $533,314
  • Market Land Value: $110,000
  • Market Improvement Value: $423,314

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $249,816
  • Assessed Land Value: $52,668
  • Assessed Improvements Value: $197,148

    Sales

  • Current Sale Contract Date: Aug 17, 2018
  • Current Sale Recording Date: Aug 27, 2018
  • Current Sale Transaction ID: 11501703056
  • Current Sale Price: $800,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 4844934
  • Previous Sale Recording Date: Jun 18, 2010
  • Previous Sale Contract Date: Jun 07, 2010
  • Previous Sale Amount: $455,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: PNC BANK NA
  • First Mortgage Transaction Date: Aug 27, 2018
  • First Mortgage Loan Amount: $640,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: PINNACLE MORTGAGE OF NEVADA LL
  • Previous Mortgage Transaction Date: Jun 18, 2010
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $414,100
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jul 01, 2040

About West Plumb Lane Estates



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Frequently Asked Questions

What neighborhood is 3850 South Folsom Drive located in?
The 3850 South Folsom Drive is a house located in the neighborhood of West Plumb Lane Estates in West Plumb Lane Estates, Reno.
What is the average sales price for listings in 3850 South Folsom Drive?
The average sales price for units in 3850 South Folsom Drive is $0 currently.

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