Check Availability

4877 Lakeridge Terrace West

4877 Lakeridge Terrace West, Reno, NV 89509
1 Units For Sale
Unit for sale at 4877 Lakeridge Ter W, Reno, NV 89509-5864

$599,000

  • 3 Beds
  • 2 Baths
  • 2,195 ft²
4877 Lakeridge Ter W, Reno, NV 89509-5864 Listing by Sue Armstrong

4877 Lakeridge Terrace West in Reno, NV was first built in 1980 and is 44 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. 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. 4877 Lakeridge Terrace West has 2,195 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 3,216 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 asphalt and ply sheets in a built-up roof style. 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 529 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 A. The condition of the building has been evaluated as good. The exterior walls of the home are made of brick veneer. 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. 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, 4877 Lakeridge Terrace West sold most recently in Aug 4, 2023 for a total of $540,000. If you work out the math, that's approximately a cost of $198.24 per sqft. Before that, the property was also sold for $499,500 in Jun 27, 2005. 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 $2,847 in taxes each year. 4877 Lakeridge Terrace West was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $96,772. If we break it down further, the land itself was valued at $40,075. Improvements to the property, however, were assessed at a total of $56,697. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.

Building Features

Exterior

Brick Venner Exterior
Masonry Exterior
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Good
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Condo
  • Exterior Walls Type: Brick veneer
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 529
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,216
  • Total Building Area: 2,724
  • Gross Building Area: 2,778
  • Building Area: 2,195
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,195
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAKERIDGE TERRACE WEST 4
  • Land Acres: 0.074
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: LAKERIDGE TERRACE WEST 4 LT 5 BLK B

Ownership

  • Current Owner : JOSEPH W & SHEILA E ERLACH FAMILY TRUST
  • Current Owner 2: ERLACH
  • Previous Owner : JOAN S HOLMES TRUST
  • Owner Before Previous Owner: HOBSON JAMES B
  • Owner Before Previous Owner 2: HOBSON JANE H
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: SF5

Geography

  • Assessors Map Reference: 023-47
  • Parcel: 023-472-05
  • Block: B
  • Lot: 5
  • Meridian: SEC 26 TWN 19N RNG 19E
  • Municipality: CITY OF RENO
  • Latitude: 39.478
  • Longitude: -119.815

    Address

  • Full Address: 4877 Lakeridge Ter W
  • Address - House Number: 4877
  • Street Segment Direction: W
  • Address - Street Name: Lakeridge
  • Address - Suffix Type: Ter
  • State: NV
  • City Name: Reno
  • Carrier Code: C002
  • 4-Digit Zip Code: 5864
  • Zip Code: 89509

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,847
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.1751
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 77
  • Final Value: 600,689
  • High Value: 705,903
  • Low Value: 495,475

    Market Valuation

  • Market Total Value: $208,753
  • Market Land Value: $77,200
  • Market Improvement Value: $131,553

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $96,772
  • Assessed Land Value: $40,075
  • Assessed Improvements Value: $56,697

    Sales

  • Current Sale Contract Date: Aug 04, 2023
  • Current Sale Recording Date: Aug 08, 2023
  • Current Sale Transaction ID: 11911031596
  • Current Sale Price: $540,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5397963
  • Previous Sale Recording Date: Jul 15, 2005
  • Previous Sale Contract Date: Jun 27, 2005
  • Previous Sale Amount: $499,500
  • Previous Sale Document Type: Bargain and Sale Deed

About Lakeridge Terrace West



Similar Buildings

Property at 4877 Lakeridge Terrace West,

4947 Lakeridge Terrace West

  • 1 Unit for Sale
  • 1 Story
4947 Lakeridge Terrace West, Reno, NV 89509
Property at 4877 Lakeridge Terrace West,

4939 Lakeridge Terrace West

  • 1 Unit for Sale
  • 1 Story
4939 Lakeridge Terrace West, Reno, NV 89509
Property at 4877 Lakeridge Terrace West,

2572 Edgerock Road

  • 1 Unit for Sale
  • 2 Stories
2572 Edgerock Road, Reno, NV 89519
Property at 4877 Lakeridge Terrace West,

1541 Golf Club Drive

  • 1 Unit for Sale
1541 Golf Club Drive, Reno, NV 89519
Property at 4877 Lakeridge Terrace West,

4490 Plumas Street

  • 1 Unit for Sale
  • 1 Story
4490 Plumas Street, Reno, NV 89509
Property at 4877 Lakeridge Terrace West,

2420 Rock Hill Circle

  • 1 Unit for Sale
  • 2 Stories
2420 Rock Hill Circle, Reno, NV 89519
Property at 4877 Lakeridge Terrace West,

2430 Rock Hill Circle

  • 1 Unit for Sale
  • 2 Stories
2430 Rock Hill Circle, Reno, NV 89519
Property at 4877 Lakeridge Terrace West,

2013 Tremont Lane

  • 1 Unit for Sale
  • 2 Stories
2013 Tremont Lane, Reno, NV 89509
Property at 4877 Lakeridge Terrace West,

2375 North Harbor Circle

  • 1 Unit for Sale
2375 North Harbor Circle, Reno, NV 89519

Nearby Rentals

Unit for rent at 2490 Eastshore Place Unit 104, Reno, NV, 89509

$2,425 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,808 ft²
2490 Eastshore Place Unit 104 #2490 Eastshore Place Unit 104, Reno, NV, 89509 Listing by Manager
Unit for rent at 2035 S Virginia, Reno, NV, 89502

$2,450 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,858 ft²
2035 S Virginia #2035 S Virginia, Reno, NV, 89502 Listing by Manager
Unit for rent at 7635 Devonshire Lane, Reno, NV, 89511

$2,295 /mo

  • 3 Beds
  • 2 Baths
  • 1,048 ft²
7635 Devonshire Lane #7635 Devonshire Lane, Reno, NV, 89511 Listing by Manager

Frequently Asked Questions

What neighborhood is 4877 Lakeridge Terrace West located in?
The 4877 Lakeridge Terrace West is a located in the neighborhood of Lakeridge Terrace West in Lakeridge Terrace West, Reno.
How many listings are currently for sale in 4877 Lakeridge Terrace West?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 4877 Lakeridge Terrace West?
The average sales price for units in 4877 Lakeridge Terrace West is $599,000 , or $273/sqft. currently.

Quantcast