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489 Corvallis Court

489 Corvallis Court, Reno, NV 89511
Sold Aug 14, 2019
$635,000
$543,082 by Loandepot.com Llc
Mortgage Due Apr 01, 2051
Sold Jun 18, 1998
$232,500
$197,200 by North American Mtg
Mortgage Due Jul 01, 2028
Local assessors in Reno, NV have categorized 489 Corvallis Court as a residential type of property. The home was built in 1998 and is 26 years old. The property's lot size has been calculated to be 16,117 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 are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 489 Corvallis Court has a total of 2,966 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 attached garage for those who need a place to park their vehicle. The garage on the property is 675 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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. 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 - C. The building has a roof that is made of concrete. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 489 Corvallis Court sold most recently in Aug 9, 2019 for a total of $635,000. If you work out the math, that's approximately a cost of $174.40 per sqft. Before that, the property was also sold for $232,500 in Jun 18, 1998. 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 $3,742 in taxes each year. 489 Corvallis Court was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $152,208. If we break it down further, the land itself was valued at $51,310. Improvements to the property, however, were assessed at a total of $100,898. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

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: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 15
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 675
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 16,117
  • Total Building Area: 3,641
  • Gross Building Area: 3,641
  • Building Area: 2,966
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,966
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GALENA TERRACE 5
  • Land Acres: 0.37
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GALENA TERRACE 5 LT 510

Ownership

  • Current Owner : PETERSON ERIC P
  • Current Owner 2: PETERSON SARAH E
  • Previous Owner : SIKORA ERIC L
  • Previous Owner 2: SIKORA DIANE L
  • Owner Before Previous Owner: LEWIS HOMES OF NEVADA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 003203

Zoning

  • Zoning: MDS

Geography

  • Assessors Map Reference: 144-09
  • Parcel: 144-091-06
  • Lot: 510
  • Municipality: TRUCKEE MEADOWS F.P.D
  • Latitude: 39.3852
  • Longitude: -119.786

    Address

  • Full Address: 489 Corvallis Ct
  • Address - House Number: 489
  • Address - Street Name: Corvallis
  • Address - Suffix Type: Ct
  • State: NV
  • City Name: Reno
  • Carrier Code: R071
  • 4-Digit Zip Code: 6061
  • Zip Code: 89511

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,742
  • Tax Rate Code Area: 4000

    Appraisal Valuation

  • Standard Deviation: 0.1643
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 965,517
  • High Value: 1,124,175
  • Low Value: 806,859

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $628,082
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Apr 08, 2021
  • First Open Lien Mortgage Loan Amount: $543,082
  • 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, 2051
  • Second Open Lien Mortgage Lender: GREAT LAKES CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Aug 02, 2022
  • Second Open Lien Mortgage Loan Amount: $85,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $342,055
  • Market Land Value: $114,300
  • Market Improvement Value: $227,755

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $152,208
  • Assessed Land Value: $51,310
  • Assessed Improvements Value: $100,898

    Sales

  • Current Sale Contract Date: Aug 09, 2019
  • Current Sale Recording Date: Aug 14, 2019
  • Current Sale Transaction ID: 11637171830
  • Current Sale Price: $635,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 4940316
  • Previous Sale Recording Date: Jun 18, 1998
  • Previous Sale Contract Date: Jun 18, 1998
  • Previous Sale Amount: $232,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Aug 14, 2019
  • First Mortgage Loan Amount: $555,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: NORTH AMERICAN MTG
  • Previous Mortgage Transaction Date: Jun 18, 1998
  • Previous Mortgage Loan Amount: $197,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jul 01, 2028

About Galena Terrace



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Nearby Rentals

Unit for rent at 2430 Solitude Dr, Reno, NV, 89511

$3,000 /mo

  • 3 Beds
  • 2.5 Baths
  • 2,226 ft²
2430 Solitude Dr #2430 Solitude Dr, Reno, NV, 89511 Listing by Manager

Frequently Asked Questions

What neighborhood is 489 Corvallis Court located in?
The 489 Corvallis Court is a house located in the neighborhood of Galena Terrace in Galena Terrace, Reno.
What is the average sales price for listings in 489 Corvallis Court?
The average sales price for units in 489 Corvallis Court is $0 currently.

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