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620 East Plumb Lane

620 East Plumb Lane, Reno, NV 89502
Property in Sierra Meadows
620 East Plumb Lane has been categorized by the local assessors in Reno, NV as a office type of property. The building on the property was first built in 1979 and is 45 years old. The building has a total of 2 stories. In addition, 620 East Plumb Lane has 4,968 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 9,583 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a custom style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We know that this is 4 code building. This code stands for "buildings that have wood or wood and steel frames.". Residents will have the luxury of enjoying 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 wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of wood siding. The inside of the home is being cooled with a packaged air conditioning unit at the moment. In terms of heating, it is utilizing a heating system. 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. The property was last sold in Jul 22, 2022 for $950,000. That's $191.22 per sqft. Prior to that sales transaction, the property was also sold in May 12, 2020 for $640,000. 620 East Plumb Lane was last assessed in 2024. The total value of the property was assessed at $165,563. Specifically, the land the property is located on was valued at $70,435. While improvements on the property were assessed at a total of $95,128. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $5,310. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Exterior Walls Type: Wood siding
  • Floor Count: 2
  • Living Units: 1
  • Business/Commerical Units Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 4,968
  • Gross Building Area: 4,968
  • Building Area: 4,968
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 4,968
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Office
  • Subdivision: SIERRA MEADOWS
  • Land Acres: 0.22
  • Standard Land Use Code: Commercial office (general)
  • Legal Description 1: SIERRA MEADOWS LT 13 BLK E

Ownership

  • Current Owner : MCMASTER PROPERTIES LLC
  • Previous Owner : TRIPLE BLACK LLC
  • Owner Before Previous Owner: 620 PLUMB LANE HOLDINGS LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 000900

Zoning

  • Zoning: PO

Geography

  • Assessors Map Reference: 015-19
  • Parcel: 015-191-03
  • Block: E
  • Lot: 13
  • Municipality: CITY OF RENO - REDEVELOPMENT A
  • Latitude: 39.5054
  • Longitude: -119.793

    Address

  • Full Address: 620 E Plumb Ln
  • Address - House Number: 620
  • Street Direction: E
  • Address - Street Name: Plumb
  • Address - Suffix Type: Ln
  • State: NV
  • City Name: Reno
  • Carrier Code: C001
  • 4-Digit Zip Code: 3536
  • Zip Code: 89502

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,310
  • Tax Rate Code Area: 1002

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $416,000
  • First Open Lien Mortgage Lender: NEVADA STATE DEVELOPMENT CORPO
  • First Open Lien Mortgage Recording Date: Dec 01, 2022
  • First Open Lien Mortgage Loan Amount: $416,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $352,877
  • Market Land Value: $134,162
  • Market Improvement Value: $218,715

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $165,563
  • Assessed Land Value: $70,435
  • Assessed Improvements Value: $95,128

    Sales

  • Current Sale Contract Date: Jul 22, 2022
  • Current Sale Recording Date: Aug 15, 2022
  • Current Sale Transaction ID: 11894843314
  • Current Sale Price: $950,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5325450
  • Previous Sale Recording Date: Jun 09, 2020
  • Previous Sale Contract Date: May 12, 2020
  • Previous Sale Amount: $640,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITY NATIONAL BANK
  • First Mortgage Transaction Date: Aug 15, 2022
  • First Mortgage Loan Amount: $503,275
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • Second Mortgage Lender: CITY NATIONAL BANK
  • Second Mortgage Transaction Date: Aug 15, 2022
  • Second Mortgage Loan Amount: $402,620

About Sierra Meadows



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Frequently Asked Questions

What neighborhood is 620 East Plumb Lane located in?
The 620 East Plumb Lane is a other located in the neighborhood of Sierra Meadows in Sierra Meadows, Reno.
What is the average sales price for listings in 620 East Plumb Lane?
The average sales price for units in 620 East Plumb Lane is $0 currently.

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