See Home Value
$398,809*
House - Off Market

485 Margrave Dr

Reno, NV 89502
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1126 Sqft
$360,000 - $438,000
Reference Base Price*
-0.27%
Since Aug 1, 2023
National-US
Primary Model
Sold Aug 03, 2023
$408,500
$388,075 by On Q Financial, Inc.
Mortgage Due Sep 01, 2053
Sold Jul 17, 2020
$300,500
$150,500 by Constant Investments Inc
Mortgage Due Aug 01, 2050

About This Property

Charming three bedroom, one bath. Fully remodeled in 2017. Central Air installed in 2021. Kitchen has granite countertops. Large laundry room/mud room. Very spacious backyard with patio area. Great location close to schools and shopping. Walking distance to the new RED District and Reno Public Market.

The manager has listed the unit size as 1126 square feet.
Unit Size
1,126Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$355
Property Type
House
Property Taxes
$1,142
HOA Dues
-
Year Built
1952

Price History

Date / Event Date Event Price
Aug 3, 2023 Sold to Herlinda Rios-chavez $408,500
Sold to Herlinda Rios-chavez
Jul 1, 2023 No longer available -
No longer available
Jun 25, 2023 Price Decreased $399,900
↓ $15K (3.6%)
Price Decreased
Jun 17, 2023 Relisted $415,000
Relisted
May 13, 2023 No longer available -
No longer available
Show More

Property Highlights

With View

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Frame
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 176
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,670
  • Total Building Area: 1,126
  • Gross Building Area: 1,141
  • Building Area: 1,126
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,126
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SIERRA MEADOWS
  • Land Acres: 0.222
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SIERRA MEADOWS LT 7 BLK A

Ownership

  • Current Owner : RIOS-CHAVEZ HERLINDA
  • Previous Owner : LE PHUONG
  • Previous Owner 2: LE TRONG
  • Owner Before Previous Owner: APAG LEIF
  • Owner Before Previous Owner 2: APAG GALEDIEN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 000900

Zoning

  • Zoning: SF8

Geography

  • Assessors Map Reference: 015-18
  • Parcel: 015-181-10
  • Block: A
  • Lot: 7
  • Municipality: CITY OF RENO - REDEVELOPMENT A
  • Latitude: 39.505
  • Longitude: -119.797

    Address

  • Full Address: 485 Margrave Dr
  • Address - House Number: 485
  • Address - Street Name: Margrave
  • Address - Suffix Type: Dr
  • State: NV
  • City Name: Reno
  • Carrier Code: C001
  • 4-Digit Zip Code: 3516
  • Zip Code: 89502

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,175
  • Tax Rate Code Area: 1002

    Appraisal Valuation

  • Standard Deviation: 0.1877
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 414,074
  • High Value: 491,829
  • Low Value: 336,319

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $388,075
  • First Open Lien Mortgage Lender: ON Q FINANCIAL, INC.
  • First Open Lien Mortgage Recording Date: Aug 03, 2023
  • First Open Lien Mortgage Loan Amount: $388,075
  • 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: Sep 01, 2053

    Market Valuation

  • Market Total Value: $114,571
  • Market Land Value: $45,100
  • Market Improvement Value: $69,471

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $67,392
  • Assessed Land Value: $32,970
  • Assessed Improvements Value: $34,423

    Sales

  • Current Sale Contract Date: Jul 31, 2023
  • Current Sale Recording Date: Aug 03, 2023
  • Current Sale Transaction ID: 11910901551
  • Current Sale Price: $408,500
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5397107
  • Previous Sale Recording Date: Jul 17, 2020
  • Previous Sale Contract Date: Jul 01, 2020
  • Previous Sale Amount: $300,500
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: ON Q FINANCIAL, INC.
  • First Mortgage Transaction Date: Aug 03, 2023
  • First Mortgage Loan Amount: $388,075
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: CONSTANT INVESTMENTS INC
  • Previous Mortgage Transaction Date: Jul 17, 2020
  • Previous Mortgage Loan Amount: $150,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2050



Comparables

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

About Sierra Meadows


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Frequently Asked Questions

When was property at 485 Margrave Drive built and last sold?
The property at 485 Margrave Drive was built in 1952 and last sold on Jul 31, 2023 for $408,500.
How much is this home worth?
The estimated value of the home located at 485 Margrave Drive is $401,191.
What are some comparable homes to 485 Margrave Drive?
There are currently no comparable homes to 485 Margrave Drive.

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