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5559 Franktown Road

5559 Franktown Road, Washoe Valley, NV 89704
Property in Washoe
5559 Franktown Road has been categorized by the local assessors in Washoe Valley, NV as a vacant type of property. The building has a total of 2 stories. The area measurement of the land has been determined as 265,716 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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. The roof of the building is made of composition shingle. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 5559 Franktown Road sold most recently in Mar 19, 2003 for a total of $779,594. Before that, the property was also sold for $800,000 in Feb 23, 1999. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $387 in taxes each year. 5559 Franktown Road was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $122,500. If we break it down further, the land itself was valued at $122,500. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Construction Type: Frame
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 265,716
  • Lot Size Frontage Feet: 60
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Vacant
  • Subdivision: _UNSPECIFIED
  • Land Acres: 6.1
  • Standard Land Use Code: Residential-vacant land
  • Legal Description 1: ROS 5542 LOT B

Ownership

  • Current Owner : FALKENROTH CHARLES
  • Current Owner 2: FALKENROTH JACQUELINE
  • Previous Owner : FALKENROTH CHARLES F
  • Previous Owner 2: FALKENROTH JACQUELINE R
  • Owner Before Previous Owner: ALBRECHT FREDERICK R
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 003206

Zoning

  • Zoning: MDR 10% /

Geography

  • Subdivision Tract Number: 5542
  • Parcel: 055-441-03
  • Lot: B
  • Meridian: SEC 16 TWN 16N RNG 19E
  • Municipality: TRUCKEE MEADOWS F.P.D
  • Latitude: 39.2533
  • Longitude: -119.846

    Address

  • Full Address: 5559 Franktown Rd
  • Address - House Number: 5559
  • Address - Street Name: Franktown
  • Address - Suffix Type: Rd
  • State: NV
  • City Name: Washoe Valley
  • Carrier Code: H002
  • 4-Digit Zip Code: 9565
  • Zip Code: 89704

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $387
  • Tax Rate Code Area: 4000

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $397,300
  • First Open Lien Mortgage Lender: CITIBANK WEST FSB
  • First Open Lien Mortgage Recording Date: Aug 08, 2005
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $397,300
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $100,000
  • Market Land Value: $100,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $122,500
  • Assessed Land Value: $122,500

    Sales

  • Current Sale Contract Date: Mar 19, 2003
  • Current Sale Recording Date: May 02, 2003
  • Current Sale Transaction ID: 1127765825
  • Current Sale Price: $779,594
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2847757
  • Previous Sale Recording Date: Apr 01, 1999
  • Previous Sale Contract Date: Feb 23, 1999
  • Previous Sale Amount: $800,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Previous Mortgages

  • Previous Mortgage Lender: INTERWEST MTG
  • Previous Mortgage Transaction Date: Apr 01, 1999
  • Previous Mortgage Loan Amount: $600,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Apr 01, 2029

About Washoe



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Frequently Asked Questions

What neighborhood is 5559 Franktown Road located in?
The 5559 Franktown Road is a located in the neighborhood of Washoe in Washoe, Washoe Valley.
What is the average sales price for listings in 5559 Franktown Road?
The average sales price for units in 5559 Franktown Road is $0 currently.

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