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410 Palace Drive

410 Palace Drive, Reno, NV 89506
Sold Sep 18, 2018
$260,000
$262,626 by Guild Mortgage Co
Mortgage Due Oct 01, 2048
Sold Jul 24, 2015
$170,000
Local assessors in Reno, NV have categorized 410 Palace Drive as a residential type of property. The home was built in 1972 and is 52 years old. The property's lot size has been calculated to be 9,496 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 410 Palace Drive has a total of 1,144 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 308 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a roof that is made of composition shingle. Lots of wood were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source. 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, 410 Palace Drive sold most recently in Sep 12, 2018 for a total of $260,000. If you work out the math, that's approximately a cost of $179.06 per sqft. Before that, the property was also sold for $170,000 in Jul 23, 2015. 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 $803 in taxes each year. 410 Palace Drive was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $42,356. If we break it down further, the land itself was valued at $25,106. Improvements to the property, however, were assessed at a total of $17,251. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 308
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,496
  • Total Building Area: 1,452
  • Gross Building Area: 1,468
  • Building Area: 1,144
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,144
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LEMMON VALLEY ESTATES 3
  • Land Acres: 0.218
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LEMMON VALLEY EST 3 LT 16

Ownership

  • Current Owner : VILLALOBOS EFRAIN
  • Current Owner 2: VILLALOBOS SICILY A
  • Previous Owner : TUCKER TAMMY
  • Owner Before Previous Owner: ROSEHILL LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 002618

Zoning

  • Zoning: MDS

Geography

  • Assessors Map Reference: 080-57
  • Parcel: 080-573-05
  • Lot: 16
  • Meridian: SEC 34 TWN 21N RNG 19E
  • Municipality: TRUCKEE MEADOWS F.P.D
  • Latitude: 39.6416
  • Longitude: -119.83

    Address

  • Full Address: 410 Palace Dr
  • Address - House Number: 410
  • Address - Street Name: Palace
  • Address - Suffix Type: Dr
  • State: NV
  • City Name: Reno
  • Carrier Code: R005
  • 4-Digit Zip Code: 9645
  • Zip Code: 89506

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $803
  • Tax Rate Code Area: 4000

    Appraisal Valuation

  • Standard Deviation: 0.1692
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 355,058
  • High Value: 415,140
  • Low Value: 294,976

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $262,626
  • First Open Lien Mortgage Lender: GUILD MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Sep 18, 2018
  • First Open Lien Mortgage Loan Amount: $262,626
  • 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, 2048

    Market Valuation

  • Market Total Value: $80,344
  • Market Land Value: $42,390
  • Market Improvement Value: $37,954

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $42,356
  • Assessed Land Value: $25,106
  • Assessed Improvements Value: $17,251

    Sales

  • Current Sale Contract Date: Sep 12, 2018
  • Current Sale Recording Date: Sep 18, 2018
  • Current Sale Transaction ID: 11507103359
  • Current Sale Price: $260,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 4851790
  • Previous Sale Recording Date: Jul 24, 2015
  • Previous Sale Contract Date: Jul 23, 2015
  • Previous Sale Amount: $170,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUILD MORTGAGE CO
  • First Mortgage Transaction Date: Sep 18, 2018
  • First Mortgage Loan Amount: $262,626
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2048

About Lemmon Valley Estates



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Frequently Asked Questions

What neighborhood is 410 Palace Drive located in?
The 410 Palace Drive is a house located in the neighborhood of Lemmon Valley Estates in Lemmon Valley Estates, Reno.
What is the average sales price for listings in 410 Palace Drive?
The average sales price for units in 410 Palace Drive is $260,000 , or $227/sqft. currently.

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