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9959 North Virginia Street

9959 North Virginia Street, Reno, NV 89506
Property in Washoe
9959 North Virginia Street has been categorized by the local assessors in Reno, NV as a industrial type of property. The building on the property was first built in 1991 and is 33 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 9959 North Virginia Street has 8,000 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 240,887 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We know that this is 4 code building. This code stands for "buildings that have wood or wood and steel frames.". 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 E by the local assessor. The exterior walls of the building are made of stucco. The inside of the home is being cooled with a packaged air conditioning unit at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. The property was last sold in Jan 31, 2024 for $5,000,000. That's $625.00 per sqft. Prior to that sales transaction, the property was also sold in Oct 30, 2006 for $1,300,000. 9959 North Virginia Street was last assessed in 2024. The total value of the property was assessed at $554,664. Specifically, the land the property is located on was valued at $379,397. While improvements on the property were assessed at a total of $175,266. 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 $12,460. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Good
  • Building Quality: E
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Stucco
  • Floor Count: 1
  • Living Units: 1
  • Business/Commerical Units Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 240,887
  • Lot Size Frontage Feet: 50
  • Total Building Area: 8,000
  • Gross Building Area: 8,000
  • Building Area: 8,000
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 8,000
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Industrial
  • Subdivision: _UNSPECIFIED
  • Land Acres: 5.53
  • Standard Land Use Code: Industrial (general)
  • County Land Use Code: Personal property general
  • State Land Use Code: Personal property general
  • Legal Description 1: PARCEL 2B PARCEL MAP 1616

Ownership

  • Current Owner : OSI 9959 N VIRGINIA ST LLC
  • Previous Owner : AUSTIN WILLIAM K
  • Previous Owner 2: AUSTIN KAREN A
  • Owner Before Previous Owner: SUTER JOSEF L
  • Owner Before Previous Owner 2: SUTER HERTA
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: IC

Geography

  • Assessors Map Reference: 1616
  • Parcel: 082-083-19
  • Lot: 2B
  • Municipality: CITY OF RENO
  • Latitude: 39.6179
  • Longitude: -119.889

    Address

  • Full Address: 9959 N Virginia St
  • Address - House Number: 9959
  • Street Direction: N
  • Address - Street Name: Virginia
  • Address - Suffix Type: St
  • State: NV
  • City Name: Reno
  • Carrier Code: R026
  • 4-Digit Zip Code: 9149
  • Zip Code: 89506

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,460
  • Tax Rate Code Area: 1000

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,420,000
  • First Open Lien Mortgage Lender: VILLAGE BANK & TRUST NA
  • First Open Lien Mortgage Recording Date: Feb 02, 2024
  • First Open Lien Mortgage Loan Amount: $3,420,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $840,647
  • Market Land Value: $481,774
  • Market Improvement Value: $358,873

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $554,664
  • Assessed Land Value: $379,397
  • Assessed Improvements Value: $175,266

    Sales

  • Current Sale Contract Date: Jan 31, 2024
  • Current Sale Recording Date: Feb 02, 2024
  • Current Sale Transaction ID: 11920450894
  • Current Sale Price: $5,000,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5433591
  • Previous Sale Recording Date: Nov 01, 2006
  • Previous Sale Contract Date: Oct 30, 2006
  • Previous Sale Amount: $1,300,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: VILLAGE BANK & TRUST NA
  • First Mortgage Transaction Date: Feb 02, 2024
  • First Mortgage Loan Amount: $3,420,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: THE SUTER FAMILY 1987 TRUST
  • Previous Mortgage Transaction Date: Nov 01, 2006
  • Previous Mortgage Loan Amount: $1,200,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Seller take-back

About Reno



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Frequently Asked Questions

What neighborhood is 9959 North Virginia Street located in?
The 9959 North Virginia Street is a located in the neighborhood of Washoe in Reno, Reno.
What is the average sales price for listings in 9959 North Virginia Street?
The average sales price for units in 9959 North Virginia Street is $0 currently.

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