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5365 Cypress Point Drive

5365 Cypress Point Drive, Reno, NV 89502
Sold Jan 28, 2020
$471,000
$379,000 by On Q Financial Inc
Mortgage Due Nov 01, 2050
Sold Jul 26, 1999
$187,000
$149,600 by U S Bank National Assn
Mortgage Due Aug 01, 2029
5365 Cypress Point Drive in Reno, NV was first built in 1977 and is 47 years old. Although, the building on the property was most recently renovated and altered in 1979. This has been categorized as a residential property type. 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 3 partial bathrooms. 5365 Cypress Point Drive has 2,565 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 20,019 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 composition shingle. Water for the property is sourced from a municipal system. 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 attached garage. The garage is 504 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 C. The condition of the building has been evaluated as good. The exterior walls of the home are made of a combination of material. 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, 5365 Cypress Point Drive sold most recently in Jan 11, 2020 for a total of $471,000. If you work out the math, that's approximately a cost of $153.47 per sqft. Before that, the property was also sold for $187,000 in Jul 20, 1999. 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 $2,296 in taxes each year. 5365 Cypress Point Drive was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $101,163. If we break it down further, the land itself was valued at $52,605. Improvements to the property, however, were assessed at a total of $48,558. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1977
  • Effective Year Built: 1979
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 504
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 20,019
  • Total Building Area: 3,069
  • Gross Building Area: 3,069
  • Building Area: 2,565
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,565
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HIDDEN VALLEY SUBDIVISION 5
  • Land Acres: 0.46
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HIDDEN VALLEY 5 LT 7 BLK W + PATH

Ownership

  • Current Owner : KELLAMES JAMES A
  • Current Owner 2: KELLAMES STEPHANIE D
  • Previous Owner : DAVIS KELLY M
  • Previous Owner 2: DAVIS MARIANNE
  • Owner Before Previous Owner: WHEELER BRIAN D
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 002104

Zoning

  • Zoning: MDS

Geography

  • Assessors Map Reference: 051-24
  • Parcel: 051-242-03
  • Block: W
  • Lot: 7
  • Municipality: TRUCKEE MEADOWS F.P.D
  • Latitude: 39.4842
  • Longitude: -119.724

    Address

  • Full Address: 5365 Cypress Point Dr
  • Address - House Number: 5365
  • Address - Street Name: Cypress Point
  • Address - Suffix Type: Dr
  • State: NV
  • City Name: Reno
  • Carrier Code: R004
  • 4-Digit Zip Code: 9791
  • Zip Code: 89502

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,296
  • Tax Rate Code Area: 4000

    Appraisal Valuation

  • Standard Deviation: 0.1575
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 681,213
  • High Value: 788,560
  • Low Value: 573,866

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $379,000
  • First Open Lien Mortgage Lender: ON Q FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Oct 19, 2020
  • First Open Lien Mortgage Loan Amount: $379,000
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $206,946
  • Market Land Value: $90,700
  • Market Improvement Value: $116,246

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $101,163
  • Assessed Land Value: $52,605
  • Assessed Improvements Value: $48,558

    Sales

  • Current Sale Contract Date: Jan 11, 2020
  • Current Sale Recording Date: Jan 28, 2020
  • Current Sale Transaction ID: 11720562386
  • Current Sale Price: $471,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 4995415
  • Previous Sale Recording Date: Jul 26, 1999
  • Previous Sale Contract Date: Jul 20, 1999
  • Previous Sale Amount: $187,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: ON Q FINANCIAL INC
  • First Mortgage Transaction Date: Jan 28, 2020
  • First Mortgage Loan Amount: $376,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: U S BANK NATIONAL ASSN
  • Previous Mortgage Transaction Date: Jul 26, 1999
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $149,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Aug 01, 2029

About Hidden Valley



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,734 ft²
Listing by Karen Walker-Hill

Frequently Asked Questions

What neighborhood is 5365 Cypress Point Drive located in?
The 5365 Cypress Point Drive is a house located in the neighborhood of Hidden Valley in Hidden Valley, Reno.
What is the average sales price for listings in 5365 Cypress Point Drive?
The average sales price for units in 5365 Cypress Point Drive is $0 currently.

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