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725 Balzar Circle

725 Balzar Circle, Reno, NV 89502
Sold Mar 15, 2019
$294,000
$300,000 by Amerisave Mortgage Corp
Mortgage Due Jul 01, 2051
Sold Jan 29, 2014
$159,000
725 Balzar Circle in Reno, NV was first built in 1942 and is 82 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 duplex 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. 725 Balzar Circle has 1,232 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 6,360 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. 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 a combination of material. Walk into the home itself and you'll find that it is currently being cooled with a wall air conditioning unit. As for heating, the home is utilizing floor/wall heating system. The property was last sold in Mar 12, 2019 for $294,000. That's $238.64 per sqft. Prior to that sales transaction, the property was also sold in Jan 18, 2014 for $159,000. 725 Balzar Circle was last assessed in 2024. The total value of the property was assessed at $71,963. Specifically, the land the property is located on was valued at $55,195. While improvements on the property were assessed at a total of $16,768. 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 $959. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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.

Building Features

Exterior

Asbestos Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Duplex
  • Exterior Walls Type: Combination
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,360
  • Total Building Area: 1,232
  • Gross Building Area: 1,292
  • Building Area: 1,232
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Wall air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 1,232
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MOUNTAIN VIEW
  • Land Acres: 0.146
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: MOUNTAIN VIEW LT 12 BLK A

Ownership

  • Current Owner : COWAN RALEIGH
  • Previous Owner : EQUILIBRIUM INVESTMENT PROPERTIES LLC
  • Owner Before Previous Owner: WEISS LAWRENCE J
  • Owner Before Previous Owner 2: MATTOS PAUL C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: SF8

Geography

  • Assessors Map Reference: 013-18
  • Parcel: 013-182-11
  • Block: A
  • Lot: 12
  • Municipality: CITY OF RENO
  • Latitude: 39.5151
  • Longitude: -119.796

    Address

  • Full Address: 725 Balzar Cir
  • Address - House Number: 725
  • Address - Street Name: Balzar
  • Address - Suffix Type: Cir
  • State: NV
  • City Name: Reno
  • Carrier Code: C051
  • 4-Digit Zip Code: 2616
  • Zip Code: 89502

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $959
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.1731
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 77
  • Final Value: 499,908
  • High Value: 586,447
  • Low Value: 413,370

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: AMERISAVE MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jun 10, 2021
  • First Open Lien Mortgage Loan Amount: $300,000
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $125,070
  • Market Land Value: $89,900
  • Market Improvement Value: $35,170

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $71,963
  • Assessed Land Value: $55,195
  • Assessed Improvements Value: $16,768

    Sales

  • Current Sale Contract Date: Mar 12, 2019
  • Current Sale Recording Date: Mar 15, 2019
  • Current Sale Transaction ID: 11591922064
  • Current Sale Price: $294,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 4894692
  • Previous Sale Recording Date: Jan 29, 2014
  • Previous Sale Contract Date: Jan 18, 2014
  • Previous Sale Amount: $159,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: GREATER NEVADA LLC
  • First Mortgage Transaction Date: Mar 15, 2019
  • First Mortgage Loan Amount: $279,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2049

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Frequently Asked Questions

What neighborhood is 725 Balzar Circle located in?
The 725 Balzar 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 725 Balzar Circle?
The average sales price for units in 725 Balzar Circle is $0 currently.

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