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8385 Chippewa Avenue

8385 Chippewa Avenue, Reno, NV 89506
Property in Horizon Hills
Sold Feb 16, 2022
$615,000
$492,000 by Rocket Mortgage Llc
Mortgage Due Mar 01, 2051
Sold Mar 31, 2017
$335,000
$268,000 by Axia Financial Llc
Mortgage Due Apr 01, 2047
8385 Chippewa Avenue in Reno, NV was first built in 1979 and is 45 years old. Although, the building on the property was most recently renovated and altered in 1987. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 8385 Chippewa Avenue has 2,766 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 24,611 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 detached garage. The garage is 576 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 fair. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with electricity. 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, 8385 Chippewa Avenue sold most recently in Feb 1, 2022 for a total of $615,000. If you work out the math, that's approximately a cost of $222.34 per sqft. Before that, the property was also sold for $335,000 in Mar 29, 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 $2,547 in taxes each year. 8385 Chippewa Avenue was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $106,576. If we break it down further, the land itself was valued at $34,475. Improvements to the property, however, were assessed at a total of $72,101. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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

Vinyl Siding
Wood Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 17
  • Building Condition: Fair
  • 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: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 24,611
  • Total Building Area: 2,766
  • Gross Building Area: 2,982
  • Building Area: 2,766
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,766
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HORIZON HILLS 2
  • Land Acres: 0.565
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ROS 3847 PAR B

Ownership

  • Current Owner : GONZALEZ STEPHANIE J
  • Current Owner 2: PEREZ MARCO GONZALEZ
  • Previous Owner : DEANN FABIAN KATHERINE
  • Previous Owner 2: DEANN FRANCISCO
  • Owner Before Previous Owner: FORBES WALLING ANNE R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 002621

Zoning

  • Zoning: MDS

Geography

  • Assessors Map Reference: 082-22
  • Subdivision Tract Number: 3847
  • Parcel: 082-221-20
  • Lot: 13
  • Meridian: SEC 17 TWN 20N RNG 19E
  • Municipality: TRUCKEE MEADOWS F.P.D
  • Latitude: 39.6068
  • Longitude: -119.871

    Address

  • Full Address: 8385 Chippewa Ave
  • Address - House Number: 8385
  • Address - Street Name: Chippewa
  • Address - Suffix Type: Ave
  • State: NV
  • City Name: Reno
  • Carrier Code: R026
  • 4-Digit Zip Code: 9150
  • Zip Code: 89506

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,547
  • Tax Rate Code Area: 4000

    Appraisal Valuation

  • Standard Deviation: 0.1529
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 81
  • Final Value: 577,032
  • High Value: 665,313
  • Low Value: 488,751

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $492,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Feb 16, 2022
  • First Open Lien Mortgage Loan Amount: $492,000
  • First Open Lien Mortgage Term: 348
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051

    Market Valuation

  • Market Total Value: $219,565
  • Market Land Value: $58,500
  • Market Improvement Value: $161,065

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $106,576
  • Assessed Land Value: $34,475
  • Assessed Improvements Value: $72,101

    Sales

  • Current Sale Contract Date: Feb 01, 2022
  • Current Sale Recording Date: Feb 16, 2022
  • Current Sale Transaction ID: 11879966004
  • Current Sale Price: $615,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5277835
  • Previous Sale Recording Date: Mar 31, 2017
  • Previous Sale Contract Date: Mar 29, 2017
  • Previous Sale Amount: $335,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Feb 16, 2022
  • First Mortgage Loan Amount: $492,000
  • First Mortgage Terms: 348
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: AXIA FINANCIAL LLC
  • Previous Mortgage Transaction Date: Mar 31, 2017
  • Previous Mortgage Loan Amount: $268,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2047

About Horizon Hills



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Frequently Asked Questions

What neighborhood is 8385 Chippewa Avenue located in?
The 8385 Chippewa Avenue is a located in the neighborhood of Horizon Hills in Horizon Hills, Reno.
What is the average sales price for listings in 8385 Chippewa Avenue?
The average sales price for units in 8385 Chippewa Avenue is $0 currently.

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