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4973 Lakeridge Terrace West

4973 Lakeridge Terrace West, Reno, NV 89509
Refi Jul 29, 2011
Transfer
$268,000 by Larry Felesina Etal
Mortgage
4973 Lakeridge Terrace West has been categorized by the local assessors in Reno, NV as a residential type of property. The building on the property was first built in 1981 and is 43 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 4973 Lakeridge Terrace West has 3,272 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 1,264 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 4,030 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 552 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The roof of the building is made of asphalt and ply sheets in a built-up roof style. The exterior walls of the building are made of brick veneer. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $3,497 in taxes each year. The initial year of tax delinquency occurred in 2021. 4973 Lakeridge Terrace West was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $118,393. If we break it down further, the land itself was valued at $44,083. Improvements to the property, however, were assessed at a total of $74,311. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Masonite Siding
Stucco Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • 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 Type: Finished improved basement
  • Basement Area: 1,264
  • Garage Type: Attached
  • Garage Square Area: 552
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,030
  • Total Building Area: 3,824
  • Gross Building Area: 3,878
  • Building Area: 3,272
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,272
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAKERIDGE TERRACE WEST 4
  • Land Acres: 0.093
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: LAKERIDGE TERRACE WEST 4 LOT 2 BLOCK B

Ownership

  • Ownership Rights Codes: 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: 023-472-02
  • Block: B
  • Lot: 2
  • Municipality: CITY OF RENO
  • Latitude: 39.4776
  • Longitude: -119.814

    Address

  • Full Address: 4973 Lakeridge Ter W
  • Address - House Number: 4973
  • Street Segment Direction: W
  • Address - Street Name: Lakeridge
  • Address - Suffix Type: Ter
  • State: NV
  • City Name: Reno
  • Carrier Code: C002
  • 4-Digit Zip Code: 5833
  • Zip Code: 89509

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,497
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.0659
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 96
  • Final Value: 1,038,798
  • High Value: 1,107,298
  • Low Value: 970,299

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $268,000
  • First Open Lien Mortgage Lender: LARRY FELESINA ETAL
  • First Open Lien Mortgage Recording Date: Jul 29, 2011
  • First Open Lien Mortgage Loan Amount: $268,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $256,703
  • Market Land Value: $84,920
  • Market Improvement Value: $171,783

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $118,393
  • Assessed Land Value: $44,083
  • Assessed Improvements Value: $74,311

About Lakeridge Terrace West



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Frequently Asked Questions

What neighborhood is 4973 Lakeridge Terrace West located in?
The 4973 Lakeridge Terrace West is a located in the neighborhood of Lakeridge Terrace West in Lakeridge Terrace West, Reno.
What is the average sales price for listings in 4973 Lakeridge Terrace West?
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