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825 Sutro Street

825 Sutro Street, Reno, NV 89512
Sold Nov 20, 2017
$180,000
$240,000 by Summit Funding Inc
Mortgage Due Sep 01, 2051
Sold Oct 07, 2005
$180,000
$100,000 by Home Mortgage Direct Lenders
Mortgage Due Nov 01, 2035
825 Sutro Street 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 1950 and is 74 years old. However, we must point out that the home was most recently renovated and altered in 1957. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 825 Sutro Street has 1,614 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 525 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 4,617 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. 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 fair. 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 a combination of material. The inside of the home is being cooled with a evaporative cooler 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. The property was last sold in Oct 2, 2017 for $180,000. That's $111.52 per sqft. Prior to that sales transaction, the property was also sold in Oct 3, 2005 for $180,000. 825 Sutro Street was last assessed in 2024. The total value of the property was assessed at $37,712. Specifically, the land the property is located on was valued at $21,450. While improvements on the property were assessed at a total of $16,263. 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 $567. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1957
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 525
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,617
  • Total Building Area: 1,614
  • Gross Building Area: 1,752
  • Building Area: 1,614
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Evaporative cooler
  • Heating: Forced air unit
  • Heated Square Feet: 1,614
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LEETE SYNDICATE ADDITION
  • Land Acres: 0.106
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LEETE SYNDICATE ADD LT 25 & 26 BLK 6

Ownership

  • Current Owner : KUMAR SAAKSHI
  • Previous Owner : MARGARITA INVESTMENTS LLC
  • Owner Before Previous Owner: ARRATEBEL GENE
  • Owner Before Previous Owner 2: ARRATEBEL DONNA L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 001503

Zoning

  • Zoning: MU

Geography

  • Assessors Map Reference: 008-16
  • Parcel: 008-166-17
  • Block: 6
  • Lot: 25,26
  • Meridian: SEC 1 TWN 19N RNG 19E
  • Municipality: CITY OF RENO
  • Latitude: 39.5377
  • Longitude: -119.799

    Address

  • Full Address: 825 Sutro St
  • Address - House Number: 825
  • Address - Street Name: Sutro
  • Address - Suffix Type: St
  • State: NV
  • City Name: Reno
  • Carrier Code: C023
  • 4-Digit Zip Code: 2838
  • Zip Code: 89512

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $567
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.1719
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 338,222
  • High Value: 396,386
  • Low Value: 280,058

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $240,000
  • First Open Lien Mortgage Lender: SUMMIT FUNDING INC
  • First Open Lien Mortgage Recording Date: Aug 18, 2021
  • First Open Lien Mortgage Loan Amount: $240,000
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $70,332
  • Market Land Value: $36,295
  • Market Improvement Value: $34,037

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $37,712
  • Assessed Land Value: $21,450
  • Assessed Improvements Value: $16,263

    Sales

  • Current Sale Contract Date: Oct 02, 2017
  • Current Sale Recording Date: Nov 20, 2017
  • Current Sale Transaction ID: 11303346925
  • Current Sale Price: $180,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 4764939
  • Previous Sale Recording Date: Oct 07, 2005
  • Previous Sale Contract Date: Oct 03, 2005
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT FUNDING INC
  • First Mortgage Transaction Date: Nov 20, 2017
  • First Mortgage Loan Amount: $174,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: HOME MORTGAGE DIRECT LENDERS
  • Previous Mortgage Transaction Date: Oct 07, 2005
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Nov 01, 2035

About University of Nevada



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Frequently Asked Questions

What neighborhood is 825 Sutro Street located in?
The 825 Sutro Street is a house located in the neighborhood of University of Nevada in University of Nevada, Reno.
What is the average sales price for listings in 825 Sutro Street?
The average sales price for units in 825 Sutro Street is $0 currently.

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