NOT LISTED FOR SALE

989 Melrose Dr Reno, NV 89502

Wells Avenue District Neighborhood

Estimated Value: $354,000 - $435,000

3 Beds
1 Bath
1,280 Sq Ft
$305/Sq Ft Est. Value

About This Home

This home is located at 989 Melrose Dr, Reno, NV 89502 and is currently estimated at $390,585, approximately $305 per square foot. 989 Melrose Dr is a home located in Washoe County with nearby schools including Veterans Memorial Elementary School, Vaughn Middle School, and Earl Wooster High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2009
Sold by
Farrell Scott M
Bought by
Yang Xiao L and Huang Keng Yin
Current Estimated Value
$390,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Outstanding Balance
$62,849
Interest Rate
5.18%
Mortgage Type
New Conventional
Estimated Equity
$344,342

Purchase Details

Closed on
Jan 4, 2008
Sold by
Farrell Scott M
Bought by
Farrell Scott M and Scott Farrell Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2007
Sold by
Farrell Scott M
Bought by
Farrell Scott M and Scott Farrell Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Yang Xiao L $145,000 First American Title Reno
Farrell Scott M -- None Available
Farrell Scott M -- First American Title Reno
Farrell Scott M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Xiao L $25,700
Open Yang Xiao L $95,000
Previous Owner Farrell Scott M $85,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $638 $49,339 $34,265 $15,074
2024 $638 $47,936 $33,040 $14,896
2023 $620 $47,189 $33,390 $13,799
2022 $603 $39,018 $27,825 $11,193
2021 $586 $29,104 $18,270 $10,834
2020 $566 $29,762 $19,040 $10,722
2019 $549 $26,775 $16,660 $10,115
2018 $532 $21,733 $12,005 $9,728
2017 $520 $20,099 $10,430 $9,669
2016 $507 $18,948 $9,275 $9,673
2015 $134 $16,861 $7,350 $9,511
2014 $495 $14,239 $5,250 $8,989
2013 -- $12,798 $4,025 $8,773
Source: Public Records

Map

Nevada Washoe County Reno 89502 Wells Avenue District

989 Melrose Dr, Reno, NV

This home is located at 989 Melrose Dr, Reno, NV 89502 and is currently estimated at $390,585, approximately $305 per square foot. 989 Melrose Dr is a home located in Washoe County with nearby schools including Veterans Memorial Elementary School, Vaughn Middle School, and Earl Wooster High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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