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507 North Division Street

507 North Division Street, Carson City, NV 89703
Multifamily in Carson City
Sold Oct 21, 2019
$480,000
Seller
$170,000 by Quest Trust Company
Mortgage Due Aug 03, 2050
507 North Division Street in Carson City, NV was first built in 1941 and is 83 years old. Although, the building on the property was most recently renovated and altered in 2009. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily 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 3 full bathrooms. There are 3 partial bathrooms. 507 North Division Street has 3,085 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. The basement is 1,188 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 8,712 square feet.

Learn more about the property and building on this page. There is a porch. The home has a gable style roof made of composition shingle. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a detached garage. The garage is 1,045 sqft. The exterior walls of the home are made of a combination of material. As for heating, the home is utilizing floor/wall heating system. 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, 507 North Division Street sold most recently in Oct 17, 2019 for a total of $480,000. If you work out the math, that's approximately a cost of $123.20 per sqft. 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 $2,075 in taxes each year. The initial year of tax delinquency occurred in 2023. 507 North Division Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $87,308. If we break it down further, the land itself was valued at $53,361. Improvements to the property, however, were assessed at a total of $33,947. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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

Asbestos Siding
Metal Exterior
Stucco Exterior
Wood Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 15
  • Building Style: Multifamily
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 5
  • Business/Commerical Units Count: 3
  • Basement Type: Partial basement
  • Basement Area: 1,188
  • Garage Type: Detached
  • Garage Square Area: 1,045
  • Parking Space Count: 0
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 3,896
  • Gross Building Area: 3,896
  • Building Area: 3,085
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 3,085
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PROCTOR & GREEN DIVISION
  • Land Acres: 0.2
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: PROCTOR & GREEN DIVISION BLOCK 58 LOT 2

Ownership

  • Current Owner : JTP NEVADA LLC
  • Previous Owner : POL KARENA
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Carson City School District
  • Census Tract: 000100

Zoning

  • Zoning: RO

Geography

  • Parcel: 003-221-01
  • Block: 58
  • Lot: 2
  • Municipality: URBAN DISTRICT
  • Latitude: 39.167
  • Longitude: -119.769

    Address

  • Full Address: 507 N Division St
  • Address - House Number: 507
  • Street Direction: N
  • Address - Street Name: Division
  • Address - Suffix Type: St
  • State: NV
  • City Name: Carson City
  • Carrier Code: C005
  • 4-Digit Zip Code: 4104
  • Zip Code: 89703

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,075
  • Intital Tax Deliquent Year: 2023
  • Tax Rate Code Area: 00.15

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 649,656
  • High Value: 945,125
  • Low Value: 354,186

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $470,000
  • First Open Lien Mortgage Lender: QUEST TRUST COMPANY
  • First Open Lien Mortgage Recording Date: Aug 03, 2020
  • First Open Lien Mortgage Loan Amount: $170,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Aug 03, 2050
  • Second Open Lien Mortgage Lender: LOPRESTI HEATHER
  • Second Open Lien Mortgage Recording Date: May 01, 2023
  • Second Open Lien Mortgage Loan Amount: $300,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: May 01, 2053
  • Second Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $249,452
  • Market Land Value: $152,460
  • Market Improvement Value: $96,992

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $87,308
  • Assessed Land Value: $53,361
  • Assessed Improvements Value: $33,947

    Sales

  • Current Sale Contract Date: Oct 17, 2019
  • Current Sale Recording Date: Oct 21, 2019
  • Current Sale Transaction ID: 11662309107
  • Current Sale Price: $480,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 499712

About Carson City



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Frequently Asked Questions

What neighborhood is 507 North Division Street located in?
The 507 North Division Street is a multifamily located in the neighborhood of Carson City in Carson City, Carson City.
What is the average sales price for listings in 507 North Division Street?
The average sales price for units in 507 North Division Street is $0 currently.

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