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925 Lyman Avenue

925 Lyman Avenue, Reno, NV 89509
Property in Washoe
Sold Aug 04, 2023
$1,000,000
$699,000 by Pennymac Loan Services Llc
Mortgage Due Sep 01, 2053
Sold Oct 27, 2020
$620,000
$494,300 by Kca Investments I Llc
Mortgage
925 Lyman Avenue 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 1952 and is 72 years old. However, we must point out that the home was most recently renovated and altered in 1960. The home has a total of 5 bedrooms. Residents will have access to 3 full bathrooms. There are 3 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, 925 Lyman Avenue has 3,012 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 930 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 13,068 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 684 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 D by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of wood siding. 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 and being fueled with solar energy. 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 Aug 1, 2023 for $1,000,000. That's $270.56 per sqft. Prior to that sales transaction, the property was also sold in Oct 26, 2020 for $620,000. 925 Lyman Avenue was last assessed in 2024. The total value of the property was assessed at $94,302. Specifically, the land the property is located on was valued at $52,465. While improvements on the property were assessed at a total of $41,837. 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 $1,589. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Parking

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

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 14
  • 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: Finished improved basement
  • Basement Area: 930
  • Garage Type: Attached
  • Garage Square Area: 684
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 13,068
  • Total Building Area: 3,696
  • Gross Building Area: 3,696
  • Building Area: 3,012
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,012
  • Heating Fuel Type: Solar energy

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: _UNSPECIFIED
  • Land Acres: 0.3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FRAC SEC 15 TWP 19N RGE 19E

Ownership

  • Current Owner : JACKSON JOSEPH
  • Current Owner 2: BAUSCH MARGARET J
  • Previous Owner : HAEN FAMILY TRUST
  • Owner Before Previous Owner: BREACH BRANDON F
  • Owner Before Previous Owner 2: BREACH JACQUELINE F
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 001101

Zoning

  • Zoning: SF5

Geography

  • Assessors Map Reference: 009-20
  • Parcel: 009-201-32
  • Meridian: SEC 15 TWN 19N RNG 19E
  • Municipality: CITY OF RENO
  • Latitude: 39.5094
  • Longitude: -119.845

    Address

  • Full Address: 925 Lyman Ave
  • Address - House Number: 925
  • Address - Street Name: Lyman
  • Address - Suffix Type: Ave
  • State: NV
  • City Name: Reno
  • Carrier Code: C079
  • 4-Digit Zip Code: 2346
  • Zip Code: 89509

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,589
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.1642
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 802,047
  • High Value: 933,772
  • Low Value: 670,321

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $850,000
  • First Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Open Lien Mortgage Recording Date: Aug 04, 2023
  • First Open Lien Mortgage Loan Amount: $699,000
  • 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, 2053
  • Second Open Lien Mortgage Lender: CANVAS CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Aug 04, 2023
  • Second Open Lien Mortgage Loan Amount: $151,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2053

    Market Valuation

  • Market Total Value: $171,759
  • Market Land Value: $90,000
  • Market Improvement Value: $81,759

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $94,302
  • Assessed Land Value: $52,465
  • Assessed Improvements Value: $41,837

    Sales

  • Current Sale Contract Date: Aug 01, 2023
  • Current Sale Recording Date: Aug 04, 2023
  • Current Sale Transaction ID: 11910965990
  • Current Sale Price: $1,000,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5397383
  • Previous Sale Recording Date: Oct 27, 2020
  • Previous Sale Contract Date: Oct 26, 2020
  • Previous Sale Amount: $620,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Mortgage Transaction Date: Aug 04, 2023
  • First Mortgage Loan Amount: $699,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2053
  • Second Mortgage Lender: CANVAS CREDIT UNION
  • Second Mortgage Transaction Date: Aug 04, 2023
  • Second Mortgage Loan Amount: $151,000
  • Second Mortgage Terms: 360

    Previous Mortgages

  • Previous Mortgage Lender: KCA INVESTMENTS I LLC
  • Previous Mortgage Transaction Date: Oct 27, 2020
  • Previous Mortgage Loan Amount: $494,300
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 925 Lyman Avenue located in?
The 925 Lyman Avenue is a other located in the neighborhood of Washoe in Reno, Reno.
What is the average sales price for listings in 925 Lyman Avenue?
The average sales price for units in 925 Lyman Avenue is $0 currently.

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