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2975 Bonfire Lane

2975 Bonfire Lane, Reno, NV 89521
Property in Southeast Reno
Sold Jul 11, 2017
$491,000
$335,500 by First Bank
Mortgage Due Nov 01, 2050
Local assessors in Reno, NV have categorized 2975 Bonfire Lane as a residential type of property. The home was built in 2017 and is 7 years old. The property's lot size has been calculated to be 6,875 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2975 Bonfire Lane has a total of 2,106 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 600 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of concrete. Lots of a combination of material were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2975 Bonfire Lane sold most recently in Jun 21, 2017 for a total of $491,000. If you work out the math, that's approximately a cost of $181.45 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,933 in taxes each year. 2975 Bonfire Lane was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $189,112. If we break it down further, the land itself was valued at $50,715. Improvements to the property, however, were assessed at a total of $138,397. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 600
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,875
  • Total Building Area: 2,706
  • Gross Building Area: 2,706
  • Building Area: 2,106
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,106
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: DAMONTE RANCH VILLAGE 10C
  • Land Acres: 0.158
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DAMONTE RANCH VILLAGE 10C LOT 57

Ownership

  • Current Owner : HUNT NICOLE
  • Previous Owner : TOLL SOUTH RENO LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 002210

Zoning

  • Zoning: PD

Geography

  • Parcel: 141-462-21
  • Lot: 57
  • Meridian: SEC 11 TWN 18N RNG 20E
  • Municipality: CITY OF RENO
  • Latitude: 39.4393
  • Longitude: -119.709

    Address

  • Full Address: 2975 Bonfire Ln
  • Address - House Number: 2975
  • Address - Street Name: Bonfire
  • Address - Suffix Type: Ln
  • State: NV
  • City Name: Reno
  • Carrier Code: R064
  • 4-Digit Zip Code: 4388
  • Zip Code: 89521

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,933
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.1501
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 81
  • Final Value: 830,820
  • High Value: 955,597
  • Low Value: 706,044

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $335,500
  • First Open Lien Mortgage Lender: FIRST BANK
  • First Open Lien Mortgage Recording Date: Oct 13, 2020
  • First Open Lien Mortgage Loan Amount: $335,500
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $410,999
  • Market Land Value: $105,900
  • Market Improvement Value: $305,099

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $189,112
  • Assessed Land Value: $50,715
  • Assessed Improvements Value: $138,397

    Sales

  • Current Sale Contract Date: Jun 21, 2017
  • Current Sale Recording Date: Jul 11, 2017
  • Current Sale Transaction ID: 1589505826
  • Current Sale Price: $491,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 4722048

    Last Sale Mortgage

  • First Mortgage Lender: TBI MORTGAGE CO
  • First Mortgage Transaction Date: Jul 11, 2017
  • First Mortgage Loan Amount: $297,826
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2047

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 2975 Bonfire Lane located in?
The 2975 Bonfire Lane is a located in the neighborhood of Southeast Reno in Southeast Reno, Reno.
What is the average sales price for listings in 2975 Bonfire Lane?
The average sales price for units in 2975 Bonfire Lane is $0 currently.

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