Property valuation of Mil Drae Lane, Reno, NV: 510, 515 (tax assessments)


Listed properties vs overall distribution of properties in Reno, NV:

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510 Mil Drae Lane
    Reno, NV
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Owner: FAULSTICH FAMILY TRUST
Appraised land value: $300,000 (it was $350,000 in 2010)
Appraised building value: $229,356 (it was $208,137 in 2010)
Total appraised value for property: $529,356 (it was $558,137 in 2010)

Buildings:
  • Building type: Single Family Residence
    Quality: Good
    Original construction year: 1977
    Weighted average construction year: 1979
    Number of units: 1
    Stories: Single Story
    Exterior walls type: Siding/Fr
    Secondary exterior walls type: Stn Ven/Fr
    Roof type: Wood Shake
    Heating/cooling type: Forced Air
    Number of bedrooms: 4
    Number of full bathrooms: 3
    Number of plumb fixtures: 13

Special features and yard items:
  • Additive type: Fence 3 Rail Split
    Cost: $7,201
    Square foot or number of units: 1,200
  • Additive type: Flatwork Concrete
    Cost: $6,300
    Square foot or number of units: 3,000
  • Additive type: Well, Pressure Sysem & Septic
    Cost: $4,260
    Square foot or number of units: 1
  • Additive type: Yard Improvements
    Cost: $3,620
    Square foot or number of units: 6
  • Additive type: Flatwork Asphalt
    Cost: $2,938
    Square foot or number of units: 1,800
  • Additive type: Fireplace Single 1 Story
    Cost: $2,039
    Square foot or number of units: 1

Subarea information:
  • Sub-area type: First Floor
    Area: 2,492 square feet
  • Sub-area type: Garage Attached
    Area: 1,056 square feet
  • Sub-area type: First Floor
    Area: 952 square feet
  • Sub-area type: Porch Concrete Slab
    Area: 381 square feet
  • Sub-area type: Porch Roof Wood
    Area: 381 square feet
Building area: 3,444 square feet
Water type: Well
Sewer type: Septic
Street type: Paved
Land use: Single Family Residence
Land area: 108,900 square feet
Assessments for tax year: 2015

Sales:
  • Sale date: 07/01/1981
    Price: $270,000
  • Sale date: 09/01/1990
    Price: $385,000
    Verification type: Typically Verified By Declaration
  • Sale date: 12/21/2012
    Price: $600,000
    Verification type: Typically Verified By Declaration
515 Mil Drae Lane
    Reno, NV
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Owner: HERBERT & SUSAN NICHOLS FAMILY TRUST
Appraised land value: $300,000 (it was $350,000 in 2010)
Appraised building value: $28,645 (it was $26,646 in 2010)
Total appraised value for property: $328,645 (it was $376,646 in 2010)

Special features and yard items:
  • Additive type: Fence Vinyl 4 Rail
    Cost: $20,003
    Square foot or number of units: 1,400
  • Additive type: Raised Breezway Barn Low
    Cost: $4,706
    Square foot or number of units: 576
  • Additive type: Yard Improvements
    Cost: $2,501
    Square foot or number of units: 4
  • Additive type: Well
    Cost: $1,591
    Square foot or number of units: 1
Water type: Well
Sewer type: None
Street type: Paved
Land use: Vacant, Single Family
Land area: 108,900 square feet
Assessments for tax year: 2015

Sales:
  • Sale date: 07/01/1976
    Price: $33,150
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Reno, NV index of house prices
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