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560 Kess Way

560 Kess Way, Reno, NV 89506
Sold Jun 27, 2023
$340,000
$369,653 by Belem Servicing Llc
Mortgage Due Jul 01, 2053
Sold Oct 31, 2016
$203,000
$208,787 by Summit Funding Inc
Mortgage Due Nov 01, 2046
560 Kess Way 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 1972 and is 52 years old. The home has a total of 4 bedrooms. Residents will have access to one full bathroom. There are 2 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, 560 Kess Way has 1,144 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 10,062 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. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 308 sqft. According to our sources, there is one available parking space. 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 D by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of wood. 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. According to our sources, 560 Kess Way sold most recently in Jun 25, 2023 for a total of $340,000. If you work out the math, that's approximately a cost of $234.16 per sqft. Before that, the property was also sold for $203,000 in Oct 18, 2016. 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 $739 in taxes each year. 560 Kess Way was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $45,168. If we break it down further, the land itself was valued at $26,500. Improvements to the property, however, were assessed at a total of $18,668. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 308
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,062
  • Total Building Area: 1,452
  • Gross Building Area: 1,788
  • Building Area: 1,144
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,144
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LEMMON VALLEY ESTATES 3
  • Land Acres: 0.231
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LEMMON VALLEY EST 3 LT 45

Ownership

  • Current Owner : FRANCIS ERIK MICHAEL
  • Previous Owner : DAVIDSON CIRBY L
  • Owner Before Previous Owner: MORRISON BONITA L
  • Owner Before Previous Owner 2: MORRISON CYNTHIA L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 002618

Zoning

  • Zoning: MDS

Geography

  • Assessors Map Reference: 080-57
  • Parcel: 080-572-16
  • Lot: 45
  • Municipality: TRUCKEE MEADOWS F.P.D
  • Latitude: 39.6397
  • Longitude: -119.83

    Address

  • Full Address: 560 Kess Way
  • Address - House Number: 560
  • Address - Street Name: Kess
  • Address - Suffix Type: Way
  • State: NV
  • City Name: Reno
  • Carrier Code: R005
  • 4-Digit Zip Code: 5611
  • Zip Code: 89506

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $739
  • Tax Rate Code Area: 4000

    Appraisal Valuation

  • Standard Deviation: 0.1685
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 344,888
  • High Value: 403,024
  • Low Value: 286,752

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $369,653
  • First Open Lien Mortgage Lender: BELEM SERVICING LLC
  • First Open Lien Mortgage Recording Date: Jun 27, 2023
  • First Open Lien Mortgage Loan Amount: $369,653
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2053

    Market Valuation

  • Market Total Value: $85,809
  • Market Land Value: $44,745
  • Market Improvement Value: $41,064

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $45,168
  • Assessed Land Value: $26,500
  • Assessed Improvements Value: $18,668

    Sales

  • Current Sale Contract Date: Jun 25, 2023
  • Current Sale Recording Date: Jun 27, 2023
  • Current Sale Transaction ID: 11908885184
  • Current Sale Price: $340,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5388779
  • Previous Sale Recording Date: Oct 31, 2016
  • Previous Sale Contract Date: Oct 18, 2016
  • Previous Sale Amount: $203,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: BELEM SERVICING LLC
  • First Mortgage Transaction Date: Jun 27, 2023
  • First Mortgage Loan Amount: $369,653
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: SUMMIT FUNDING INC
  • Previous Mortgage Transaction Date: Oct 31, 2016
  • Previous Mortgage Loan Amount: $208,787
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2046

About Lemmon Valley Estates



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Nearby Rentals

Unit for rent at 3490 E. Golden Valley Way, Reno, NV, 89506

$3,300 /mo

  • 5 Beds
  • 3 Baths
  • 3,300 ft²
3490 E. Golden Valley Way #3490 E. Golden Valley Way, Reno, NV, 89506 Listing by Manager

Frequently Asked Questions

What neighborhood is 560 Kess Way located in?
The 560 Kess Way is a located in the neighborhood of Lemmon Valley Estates in Lemmon Valley Estates, Reno.
What is the average sales price for listings in 560 Kess Way?
The average sales price for units in 560 Kess Way is $0 currently.

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