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5148 Northern Lights Drive

5148 Northern Lights Drive, Reno, NV 89506
Property in Northern Lights
Sold Nov 30, 2005
$356,000
$284,716 by Charles Schwab Bank Na
Mortgage Due Dec 01, 2035
Sold Dec 29, 2003
$240,000
$160,230 by D&d Nevada Trust
Mortgage
Local assessors in Reno, NV have categorized 5148 Northern Lights Drive as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 12,589 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, 3 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 single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5148 Northern Lights Drive has a total of 2,554 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement with daylight that is 920 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 670 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 a combination of material 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5148 Northern Lights Drive was last sold in Nov 18, 2005 for $356,000. According to our calculations, that's $110.42 per sqft. Prior to that sales transaction, the property was sold for $240,000 in Dec 23, 2003. Current property owners are expected to pay $2,707 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 5148 Northern Lights Drive was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $134,951. To break that down further, the land itself was valued at $30,240. While improvements to the property were assessed at a total of $104,711. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 15
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement with daylight
  • Basement Area: 920
  • Garage Type: Attached
  • Garage Square Area: 670
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,589
  • Total Building Area: 3,224
  • Gross Building Area: 3,224
  • Building Area: 2,554
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,554
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: NORTHERN LIGHTS SUBDIVISION 5
  • Land Acres: 0.289
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NORTHERN LIGHTS 5 LT 38 BLK E

Ownership

  • Current Owner : MANOS GEORGE J
  • Previous Owner : PANTHER RIDGE LLC
  • Owner Before Previous Owner: TOWNSEND ENTERPRISES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 002622

Zoning

  • Zoning: SF5

Geography

  • Assessors Map Reference: 502-18
  • Parcel: 502-183-04
  • Block: E
  • Lot: 38
  • Municipality: CITY OF RENO
  • Latitude: 39.5801
  • Longitude: -119.823

    Address

  • Full Address: 5148 Northern Lights Dr
  • Address - House Number: 5148
  • Address - Street Name: Northern Lights
  • Address - Suffix Type: Dr
  • State: NV
  • City Name: Reno
  • Carrier Code: R019
  • 4-Digit Zip Code: 5772
  • Zip Code: 89506

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,707
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.1501
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 81
  • Final Value: 582,708
  • High Value: 670,222
  • Low Value: 495,194

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $284,716
  • First Open Lien Mortgage Lender: CHARLES SCHWAB BANK NA
  • First Open Lien Mortgage Recording Date: Nov 30, 2005
  • First Open Lien Mortgage Loan Amount: $284,716
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2035

    Market Valuation

  • Market Total Value: $296,466
  • Market Land Value: $63,200
  • Market Improvement Value: $233,266

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $134,951
  • Assessed Land Value: $30,240
  • Assessed Improvements Value: $104,711

    Sales

  • Current Sale Contract Date: Nov 18, 2005
  • Current Sale Recording Date: Nov 30, 2005
  • Current Sale Transaction ID: 1100225964
  • Current Sale Price: $356,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 3315149
  • Previous Sale Recording Date: Dec 29, 2003
  • Previous Sale Contract Date: Dec 23, 2003
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHARLES SCHWAB BANK NA
  • First Mortgage Transaction Date: Nov 30, 2005
  • First Mortgage Loan Amount: $284,716
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Dec 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: D&D NEVADA TRUST
  • Previous Mortgage Transaction Date: Dec 29, 2003
  • Previous Mortgage Loan Amount: $160,230
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)

About Northern Lights



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Frequently Asked Questions

What neighborhood is 5148 Northern Lights Drive located in?
The 5148 Northern Lights Drive is a located in the neighborhood of Northern Lights in Northern Lights, Reno.
What is the average sales price for listings in 5148 Northern Lights Drive?
The average sales price for units in 5148 Northern Lights Drive is $0 currently.

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