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860 University Ridge Drive

860 University Ridge Drive, Reno, NV 89512
Sold Nov 29, 2017
$447,500
$412,000 by Primary Residential Mortgage I
Mortgage Due Sep 01, 2050
Sold Jan 26, 2001
$245,000
860 University Ridge 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 1990 and is 34 years old. The home has a total of 4 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, 860 University Ridge Drive has 2,124 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 17,772 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 480 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. Moving on to the building itself. The condition of the building has been evaluated as good. 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 C 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. There is a single fireplace in the home. Perfect for those wintery nights. 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 Nov 21, 2017 for $447,500. That's $171.85 per sqft. Prior to that sales transaction, the property was also sold in Jan 25, 2001 for $245,000. 860 University Ridge Drive was last assessed in 2024. The total value of the property was assessed at $112,331. Specifically, the land the property is located on was valued at $50,400. While improvements on the property were assessed at a total of $61,931. 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 $2,867. 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: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Good
  • Building Quality: C
  • 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: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 17,772
  • Total Building Area: 2,604
  • Gross Building Area: 2,604
  • Building Area: 2,124
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,124
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: UNIVERSITY RIDGE 1
  • Land Acres: 0.408
  • Standard Land Use Code: Single family residential
  • Legal Description 1: UNIVERSITY RIDGE 1 FRAC LOT 36 & 37

Ownership

  • Current Owner : MELBBERG MARCUS W
  • Previous Owner : BASS PAMELA G
  • Owner Before Previous Owner: OHARA BARBARA L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 001501

Zoning

  • Zoning: PD

Geography

  • Assessors Map Reference: 003-54
  • Parcel: 003-541-24
  • Lot: 36,37
  • Meridian: SEC 35 TWN 20N RNG 19E
  • Municipality: CITY OF RENO
  • Latitude: 39.5582
  • Longitude: -119.815

    Address

  • Full Address: 860 University Ridge Dr
  • Address - House Number: 860
  • Address - Street Name: University Ridge
  • Address - Suffix Type: Dr
  • State: NV
  • City Name: Reno
  • Carrier Code: C069
  • 4-Digit Zip Code: 4515
  • Zip Code: 89512

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,867
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.1586
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 629,701
  • High Value: 729,625
  • Low Value: 529,776

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $412,000
  • First Open Lien Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Open Lien Mortgage Recording Date: Aug 26, 2020
  • First Open Lien Mortgage Loan Amount: $412,000
  • 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, 2050

    Market Valuation

  • Market Total Value: $286,286
  • Market Land Value: $144,000
  • Market Improvement Value: $142,286

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $112,331
  • Assessed Land Value: $50,400
  • Assessed Improvements Value: $61,931

    Sales

  • Current Sale Contract Date: Nov 21, 2017
  • Current Sale Recording Date: Nov 29, 2017
  • Current Sale Transaction ID: 11311365022
  • Current Sale Price: $447,500
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 4767522
  • Previous Sale Recording Date: Jan 26, 2001
  • Previous Sale Contract Date: Jan 25, 2001
  • Previous Sale Amount: $245,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Nov 29, 2017
  • First Mortgage Loan Amount: $352,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2047

About University Ridge



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Frequently Asked Questions

What neighborhood is 860 University Ridge Drive located in?
The 860 University Ridge Drive is a house located in the neighborhood of University Ridge in University Ridge, Reno.
What is the average sales price for listings in 860 University Ridge Drive?
The average sales price for units in 860 University Ridge Drive is $0 currently.

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