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7840 Monterey Shores Drive

7840 Monterey Shores Drive, Reno, NV 89506
Property in Silver Shores
Sold Mar 29, 2019
$300,000
$297,000 by One Nevada Cu
Mortgage Due Jun 01, 2050
Sold Jun 17, 2003
$173,000
$155,700 by Option One Mortgage Corp
Mortgage Due Jul 01, 2033
7840 Monterey Shores Drive 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 1998 and is 26 years old. 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, 7840 Monterey Shores Drive has 1,715 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 10,629 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 attached garage for those who require parking. The garage measured 558 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. 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. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7840 Monterey Shores Drive was last sold in Mar 27, 2019 for $300,000. According to our calculations, that's $131.98 per sqft. Prior to that sales transaction, the property was sold for $173,000 in May 30, 2003. Current property owners are expected to pay $2,113 in taxes per year. The property on 7840 Monterey Shores Drive was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $92,636. To break that down further, the land itself was valued at $30,429. While improvements to the property were assessed at a total of $62,207. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • 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: Attached
  • Garage Square Area: 558
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,629
  • Total Building Area: 2,273
  • Gross Building Area: 2,273
  • Building Area: 1,715
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,715
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SILVER SHORES 6B
  • Land Acres: 0.244
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SILVER SHORES 6B LT 630

Ownership

  • Current Owner : RUIZ ERIC
  • Current Owner 2: POGTIS RACHELLE MILDRED
  • Previous Owner : MANUPELLA AURELIUS JAMES
  • Previous Owner 2: MANUPELLA GAYLE ANN
  • Owner Before Previous Owner: FRADE MATTHEW A
  • Owner Before Previous Owner 2: FRADE DEBORAH L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 002610

Zoning

  • Zoning: SF8

Geography

  • Assessors Map Reference: 090-30
  • Parcel: 090-303-09
  • Block: C
  • Lot: 630
  • Municipality: CITY OF RENO
  • Latitude: 39.6277
  • Longitude: -119.907

    Address

  • Full Address: 7840 Monterey Shores Dr
  • Address - House Number: 7840
  • Address - Street Name: Monterey Shores
  • Address - Suffix Type: Dr
  • State: NV
  • City Name: Reno
  • Carrier Code: C037
  • 4-Digit Zip Code: 3107
  • Zip Code: 89506

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,113
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.1501
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 81
  • Final Value: 432,375
  • High Value: 497,311
  • Low Value: 367,439

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $297,000
  • First Open Lien Mortgage Lender: ONE NEVADA CU
  • First Open Lien Mortgage Recording Date: May 18, 2020
  • First Open Lien Mortgage Loan Amount: $297,000
  • 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: Jun 01, 2050

    Market Valuation

  • Market Total Value: $196,964
  • Market Land Value: $57,225
  • Market Improvement Value: $139,739

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $92,636
  • Assessed Land Value: $30,429
  • Assessed Improvements Value: $62,207

    Sales

  • Current Sale Contract Date: Mar 27, 2019
  • Current Sale Recording Date: Mar 29, 2019
  • Current Sale Transaction ID: 11594293181
  • Current Sale Price: $300,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 4898243
  • Previous Sale Recording Date: Jun 17, 2003
  • Previous Sale Contract Date: May 30, 2003
  • Previous Sale Amount: $173,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: ONE NEVADA CU
  • First Mortgage Transaction Date: Mar 29, 2019
  • First Mortgage Loan Amount: $294,566
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: OPTION ONE MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jun 17, 2003
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $155,700
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Jul 01, 2033

About Silver Shores



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Frequently Asked Questions

What neighborhood is 7840 Monterey Shores Drive located in?
The 7840 Monterey Shores Drive is a located in the neighborhood of Silver Shores in Silver Shores, Reno.
What is the average sales price for listings in 7840 Monterey Shores Drive?
The average sales price for units in 7840 Monterey Shores Drive is $0 currently.

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