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885 Walker Avenue

885 Walker Avenue, Reno, NV 89509
Property in Newlands Terrace
Sold Jul 09, 2020
$425,000
$225,000 by Summit Funding Inc
Mortgage Due Aug 01, 2050
885 Walker Avenue in Reno, NV was first built in 1939 and is 85 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, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 885 Walker Avenue has 1,064 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 3,746 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 228 sqft. There is one available parking space. 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 masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as good. The exterior walls of the home are made of masonry. 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. 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. 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, 885 Walker Avenue was last sold in Jun 25, 2020 for $425,000. According to our calculations, that's $199.72 per sqft. Current property owners are expected to pay $1,253 in taxes per year. The property on 885 Walker Avenue was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $75,849. To break that down further, the land itself was valued at $50,041. While improvements to the property were assessed at a total of $25,808. 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. 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!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.

Building Features

Exterior

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1939
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,064
  • Garage Type: Detached
  • Garage Square Area: 228
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,746
  • Total Building Area: 2,128
  • Gross Building Area: 2,128
  • Building Area: 1,064
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,064
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: NEWLANDS TERRACE
  • Land Acres: 0.086
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NEWLANDS TERRACE FRAC LOT 10 & 11 BLK T

Ownership

  • Current Owner : HIND WILLIAM B
  • Current Owner 2: HIND WENDY M
  • Previous Owner : MADURA SANDRA L
  • Previous Owner 2: MADURA LIVING TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 000402

Zoning

  • Zoning: MF14

Geography

  • Assessors Map Reference: 011-30
  • Parcel: 011-305-15
  • Block: T
  • Lot: 10,11
  • Municipality: CITY OF RENO
  • Latitude: 39.514
  • Longitude: -119.82

    Address

  • Full Address: 885 Walker Ave
  • Address - House Number: 885
  • Address - Street Name: Walker
  • Address - Suffix Type: Ave
  • State: NV
  • City Name: Reno
  • Carrier Code: C037
  • 4-Digit Zip Code: 1925
  • Zip Code: 89509

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,253
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.1591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 582,398
  • High Value: 675,064
  • Low Value: 489,733

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $225,000
  • First Open Lien Mortgage Lender: SUMMIT FUNDING INC
  • First Open Lien Mortgage Recording Date: Jul 09, 2020
  • First Open Lien Mortgage Loan Amount: $225,000
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $143,384
  • Market Land Value: $90,250
  • Market Improvement Value: $53,134

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $75,849
  • Assessed Land Value: $50,041
  • Assessed Improvements Value: $25,808

    Sales

  • Current Sale Contract Date: Jun 25, 2020
  • Current Sale Recording Date: Jul 09, 2020
  • Current Sale Transaction ID: 11772070240
  • Current Sale Price: $425,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5050270

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT FUNDING INC
  • First Mortgage Transaction Date: Jul 09, 2020
  • First Mortgage Loan Amount: $225,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

About Newlands Terrace



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Frequently Asked Questions

What neighborhood is 885 Walker Avenue located in?
The 885 Walker Avenue is a other located in the neighborhood of Newlands Terrace in Newlands Terrace, Reno.
What is the average sales price for listings in 885 Walker Avenue?
The average sales price for units in 885 Walker Avenue is $0 currently.

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