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708 Claremont Circle

708 Claremont Circle, Reno, NV 89502
Sold Dec 03, 2019
$345,000
$255,000 by Guild Mortgage Co
Mortgage Due Dec 01, 2049
Sold Jun 27, 2017
$286,000
$265,000 by Finance Of America Mortgage Ll
Mortgage Due Jul 01, 2047
708 Claremont Circle 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 1956 and is 68 years old. However, we must point out that the home was most recently renovated and altered in 1963. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. 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, 708 Claremont Circle has 1,456 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 10,411 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 detached garage for those who require parking. The garage measured 216 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 floor/wall heating system. 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, 708 Claremont Circle sold most recently in Nov 27, 2019 for a total of $345,000. If you work out the math, that's approximately a cost of $236.95 per sqft. Before that, the property was also sold for $286,000 in Jun 26, 2017. 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 $840 in taxes each year. 708 Claremont Circle was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $53,333. If we break it down further, the land itself was valued at $34,692. Improvements to the property, however, were assessed at a total of $18,641. 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

Wood Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1963
  • 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
  • Exterior Walls Type: Wood
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 216
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,411
  • Total Building Area: 1,456
  • Gross Building Area: 1,471
  • Building Area: 1,456
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,456
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MOUNTAIN VIEW
  • Land Acres: 0.239
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MOUNTAIN VIEW LT 25 BLK C

Ownership

  • Current Owner : SPENCE MICHAEL R
  • Current Owner 2: SPENCE KEVAN HUNT
  • Previous Owner : GRIFFIN LAUREN E
  • Previous Owner 2: HILL GABRIEL F
  • Owner Before Previous Owner: SUNRISE FINANCIAL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 000701

Zoning

  • Zoning: SF8

Geography

  • Assessors Map Reference: 013-24
  • Parcel: 013-241-24
  • Block: C
  • Lot: 25
  • Municipality: CITY OF RENO
  • Latitude: 39.5145
  • Longitude: -119.797

    Address

  • Full Address: 708 Claremont Cir
  • Address - House Number: 708
  • Address - Street Name: Claremont
  • Address - Suffix Type: Cir
  • State: NV
  • City Name: Reno
  • Carrier Code: C051
  • 4-Digit Zip Code: 2627
  • Zip Code: 89502

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $840
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.1657
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 469,827
  • High Value: 547,682
  • Low Value: 391,971

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $255,000
  • First Open Lien Mortgage Lender: GUILD MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Dec 03, 2019
  • First Open Lien Mortgage Loan Amount: $255,000
  • 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: Dec 01, 2049

    Market Valuation

  • Market Total Value: $93,957
  • Market Land Value: $54,810
  • Market Improvement Value: $39,147

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $53,333
  • Assessed Land Value: $34,692
  • Assessed Improvements Value: $18,641

    Sales

  • Current Sale Contract Date: Nov 27, 2019
  • Current Sale Recording Date: Dec 03, 2019
  • Current Sale Transaction ID: 11708619108
  • Current Sale Price: $345,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 4978851
  • Previous Sale Recording Date: Jun 27, 2017
  • Previous Sale Contract Date: Jun 26, 2017
  • Previous Sale Amount: $286,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUILD MORTGAGE CO
  • First Mortgage Transaction Date: Dec 03, 2019
  • First Mortgage Loan Amount: $255,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • Previous Mortgage Transaction Date: Jun 27, 2017
  • Previous Mortgage Loan Amount: $265,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2047

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Frequently Asked Questions

What neighborhood is 708 Claremont Circle located in?
The 708 Claremont Circle is a house located in the neighborhood of Mountain View in Wells Avenue Neighborhood, Reno.
What is the average sales price for listings in 708 Claremont Circle?
The average sales price for units in 708 Claremont Circle is $0 currently.

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