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4050 Laurel Park Way

4050 Laurel Park Way, Reno, NV 89502
Property in Laurel Park
Sold May 12, 2020
$345,000
$329,000 by Rocket Mortgage Llc
Mortgage Due Oct 01, 2051
Sold Dec 07, 2017
$310,000
$304,385 by American Pacific Mortgage
Mortgage Due Jan 01, 2048
4050 Laurel Park Way in Reno, NV was first built in 1998 and is 26 years old. This has been categorized as a residential property type. There are a total of 2 floors. 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 3 partial bathrooms. 4050 Laurel Park Way has 1,649 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 3,180 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 413 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 D. 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. 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, 4050 Laurel Park Way was last sold in May 8, 2020 for $345,000. According to our calculations, that's $167.31 per sqft. Prior to that sales transaction, the property was sold for $310,000 in Dec 4, 2017. Current property owners are expected to pay $2,098 in taxes per year. The property on 4050 Laurel Park Way was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $85,112. To break that down further, the land itself was valued at $31,885. While improvements to the property were assessed at a total of $53,227. 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.

Building Features

Exterior

Wood Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Quality: D
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 413
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,180
  • Lot Size Frontage Feet: 70
  • Total Building Area: 2,062
  • Gross Building Area: 2,142
  • Building Area: 1,649
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,649
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAUREL PARK 1
  • Land Acres: 0.073
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAUREL PARK 1 LT 28

Ownership

  • Current Owner : HERNANDEZ ERIC
  • Current Owner 2: WALLACE CHRISTINE
  • Previous Owner : SHAW DOLLY ANTONETTE
  • Owner Before Previous Owner: DECKER TRACEE C
  • Owner Before Previous Owner 2: WILLIAMS TRACEE C
  • 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: 002106

Zoning

  • Zoning: MF14

Geography

  • Assessors Map Reference: 240-01
  • Parcel: 240-042-03
  • Lot: 28
  • Municipality: CITY OF RENO
  • Latitude: 39.4855
  • Longitude: -119.758

    Address

  • Full Address: 4050 Laurel Park Way
  • Address - House Number: 4050
  • Address - Street Name: Laurel Park
  • Address - Suffix Type: Way
  • State: NV
  • City Name: Reno
  • Carrier Code: C024
  • 4-Digit Zip Code: 7915
  • Zip Code: 89502

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,098
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.1657
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 503,778
  • High Value: 587,259
  • Low Value: 420,296

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $391,994
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Mar 01, 2022
  • First Open Lien Mortgage Loan Amount: $329,000
  • 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: Oct 01, 2051
  • Second Open Lien Mortgage Lender: FIGURE LENDING LLC
  • Second Open Lien Mortgage Recording Date: Feb 02, 2024
  • Second Open Lien Mortgage Loan Amount: $62,994
  • 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: Oct 16, 2053

    Market Valuation

  • Market Total Value: $179,521
  • Market Land Value: $59,400
  • Market Improvement Value: $120,121

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $85,112
  • Assessed Land Value: $31,885
  • Assessed Improvements Value: $53,227

    Sales

  • Current Sale Contract Date: May 08, 2020
  • Current Sale Recording Date: May 12, 2020
  • Current Sale Transaction ID: 11760038096
  • Current Sale Price: $345,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5028738
  • Previous Sale Recording Date: Dec 07, 2017
  • Previous Sale Contract Date: Dec 04, 2017
  • Previous Sale Amount: $310,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS LLC
  • First Mortgage Transaction Date: May 12, 2020
  • First Mortgage Loan Amount: $293,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN PACIFIC MORTGAGE
  • Previous Mortgage Transaction Date: Dec 07, 2017
  • Previous Mortgage Loan Amount: $304,385
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2048

About Laurel Park



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 4050 Laurel Park Way located in?
The 4050 Laurel Park Way is a other located in the neighborhood of Laurel Park in Laurel Park, Reno.
What is the average sales price for listings in 4050 Laurel Park Way?
The average sales price for units in 4050 Laurel Park Way is $347,700 , or $193/sqft. currently.

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