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6470 Lotus Street

6470 Lotus Street, Reno, NV 89506
House in Silver Lake
1 Units For Sale
Unit for sale at 6470 Lotus, Reno, NV 89506

$345,000

  • 3 Beds
  • 2 Baths
  • 1,080 ft²
6470 Lotus, Reno, NV 89506 Listing by Lindsey Baker

6470 Lotus Street in Reno, NV was first built in 1978 and is 46 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. 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 2 partial bathrooms. 6470 Lotus Street has 1,080 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 3,790 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 home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 437 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 D. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood. As for heating, the home is utilizing a forced air unit. 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, 6470 Lotus Street sold most recently in Jan 26, 2022 for a total of $335,000. If you work out the math, that's approximately a cost of $220.83 per sqft. Before that, the property was also sold for $245,000 in Aug 26, 2019. 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 $864 in taxes each year. 6470 Lotus Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $42,242. If we break it down further, the land itself was valued at $24,710. Improvements to the property, however, were assessed at a total of $17,532. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!

Building Features

Exterior

Wood Siding

Parking

Attached Garage
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220103
01/03/2022
3 Bed
2 Bath
1080 ft²
$329,500
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1080 ft²
-
-
-
Gary Cotton
Coldwell Banker Select Real Estate
20190724
07/24/2019
3 Bed
2 Bath
1080 ft²
$245,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1080 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Condo
  • Exterior Walls Type: Wood
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 437
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,790
  • Total Building Area: 1,517
  • Gross Building Area: 1,559
  • Building Area: 1,080
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,080
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SILVER LAKE 1A
  • Land Acres: 0.087
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: SILVER LAKE 1A LT 27 BLK D

Ownership

  • Current Owner : ALAN E PIOMBO JR REVOCABLE TRUST
  • Previous Owner : JAMES ARMSTRONG ROBERT
  • Previous Owner 2: JAMES BRIANNA
  • Owner Before Previous Owner: GROSULAK DALE
  • Owner Before Previous Owner 2: GROSULAK KATHRYNN J
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 002614

Zoning

  • Zoning: SF11

Geography

  • Assessors Map Reference: 554-04
  • Parcel: 554-043-07
  • Block: D
  • Lot: 27
  • Municipality: CITY OF RENO
  • Latitude: 39.6241
  • Longitude: -119.887

    Address

  • Full Address: 6470 Lotus St
  • Address - House Number: 6470
  • Address - Street Name: Lotus
  • Address - Suffix Type: St
  • State: NV
  • City Name: Reno
  • Carrier Code: C042
  • 4-Digit Zip Code: 1748
  • Zip Code: 89506

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $864
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.0659
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 96
  • Final Value: 334,187
  • High Value: 356,223
  • Low Value: 312,150

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $251,250
  • First Open Lien Mortgage Lender: FLAGSTAR BANK FSB
  • First Open Lien Mortgage Recording Date: Jan 28, 2022
  • First Open Lien Mortgage Loan Amount: $251,250
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $83,894
  • Market Land Value: $42,900
  • Market Improvement Value: $40,994

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $42,242
  • Assessed Land Value: $24,710
  • Assessed Improvements Value: $17,532

    Sales

  • Current Sale Contract Date: Jan 26, 2022
  • Current Sale Recording Date: Jan 28, 2022
  • Current Sale Transaction ID: 11878969143
  • Current Sale Price: $335,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5272453
  • Previous Sale Recording Date: Sep 11, 2019
  • Previous Sale Contract Date: Aug 26, 2019
  • Previous Sale Amount: $245,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: FLAGSTAR BANK FSB
  • First Mortgage Transaction Date: Jan 28, 2022
  • First Mortgage Loan Amount: $251,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: NEVADA HOUSING DIVISION
  • Previous Mortgage Transaction Date: Sep 11, 2019
  • Previous Mortgage Loan Amount: $11,882
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Silver Lake



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Frequently Asked Questions

What neighborhood is 6470 Lotus Street located in?
The 6470 Lotus Street is a house located in the neighborhood of Silver Lake in Silver Lake, Reno.
How many listings are currently for sale in 6470 Lotus Street?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 6470 Lotus Street?
The average sales price for units in 6470 Lotus Street is $345,000 , or $319/sqft. currently.

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