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8515 Gate Street

8515 Gate Street, Reno, NV 89506
Sold Nov 30, 2020
$310,000
$291,400 by Freedom Mortgage Corp
Mortgage Due Dec 01, 2050
Sold Oct 31, 2011
$73,000
$70,713 by Mann Mortgage Llc
Mortgage Due Nov 01, 2041
8515 Gate Street in Reno, NV was first built in 1981 and is 43 years old. 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, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 8515 Gate Street has 1,592 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. The basement is 796 sqft and has been categorized as a full basement with daylight. In total, the area measurement of the land is 44,180 square feet.

Learn more about the property and building on this page. There is a unknown. The roof of the home is made of composition shingle. Water for the property is sourced from a municipal system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. 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 wood siding. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Nov 24, 2020 for $310,000. That's $194.72 per sqft. Prior to that sales transaction, the property was also sold in Sep 26, 2011 for $73,000. 8515 Gate Street was last assessed in 2024. The total value of the property was assessed at $57,317. Specifically, the land the property is located on was valued at $29,290. While improvements on the property were assessed at a total of $28,027. 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 $1,103. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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

Wood Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Frame
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement with daylight
  • Basement Area: 796
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 44,180
  • Lot Size Frontage Feet: 10
  • Total Building Area: 1,592
  • Gross Building Area: 1,592
  • Building Area: 1,592
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,592
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: H TWO O
  • Land Acres: 1.014
  • Standard Land Use Code: Single family residential
  • Legal Description 1: H TWO O LT 16 BLK B

Ownership

  • Current Owner : KAPLOWITZ ARIELLE
  • Previous Owner : FERRIS JEFFREY L
  • Owner Before Previous Owner: FANNIE MAE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 002618

Zoning

  • Zoning: MDS

Geography

  • Assessors Map Reference: 552-23
  • Parcel: 552-231-24
  • Block: B
  • Lot: 16
  • Municipality: TRUCKEE MEADOWS F.P.D
  • Latitude: 39.6293
  • Longitude: -119.845

    Address

  • Full Address: 8515 Gate St
  • Address - House Number: 8515
  • Address - Street Name: Gate
  • Address - Suffix Type: St
  • State: NV
  • City Name: Reno
  • Carrier Code: R045
  • 4-Digit Zip Code: 8703
  • Zip Code: 89506

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,103
  • Tax Rate Code Area: 4000

    Appraisal Valuation

  • Standard Deviation: 0.1685
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 401,398
  • High Value: 469,059
  • Low Value: 333,736

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $291,400
  • First Open Lien Mortgage Lender: FREEDOM MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Nov 30, 2020
  • First Open Lien Mortgage Loan Amount: $291,400
  • 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, 2050

    Market Valuation

  • Market Total Value: $114,861
  • Market Land Value: $49,455
  • Market Improvement Value: $65,406

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $57,317
  • Assessed Land Value: $29,290
  • Assessed Improvements Value: $28,027

    Sales

  • Current Sale Contract Date: Nov 24, 2020
  • Current Sale Recording Date: Nov 30, 2020
  • Current Sale Transaction ID: 11807973676
  • Current Sale Price: $310,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5109629
  • Previous Sale Recording Date: Oct 31, 2011
  • Previous Sale Contract Date: Sep 26, 2011
  • Previous Sale Amount: $73,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: FREEDOM MORTGAGE CORP
  • First Mortgage Transaction Date: Nov 30, 2020
  • First Mortgage Loan Amount: $291,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: MANN MORTGAGE LLC
  • Previous Mortgage Transaction Date: Oct 31, 2011
  • Previous Mortgage Loan Amount: $70,713
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2041

About Lemmon Valley Estates



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Frequently Asked Questions

What neighborhood is 8515 Gate Street located in?
The 8515 Gate Street is a other located in the neighborhood of Lemmon Valley Estates in Lemmon Valley Estates, Reno.
What is the average sales price for listings in 8515 Gate Street?
The average sales price for units in 8515 Gate Street is $0 currently.

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