Seller's Agent in 2025
Lauren Tuey
Solid Source Realty
(775) 379-8339
1 in this area
88 Total Sales
1037 Litch Ct Reno, NV 89509
MidTown NeighborhoodEstimated Value: $561,000 - $668,000
2
Beds
2
Baths
1,162
Sq Ft
$535/Sq Ft
Est. Value
Highlights
- Double Pane Windows
- Tile Flooring
- Level Lot
- Mount Rose K-8 School of Languages Rated A-
- Partially Fenced Property
- 3-minute walk to Plumas Park
About This Home
As of August 2025Fantastic income-generating duplex in the heart of Midtown Reno! This is the perfect opportunity to live in one unit and rent out the other to offset your mortgage, or for an investor to add a turnkey property to their portfolio. Both units have been updated. The front unit features new interior/exterior paint, new fencing, new landscaping, and new carpet. All appliances in both units are included in the sale. Unbeatable location within walking distance to Midtown's popular restaurants, unique shops, and vibrant nightlife. Easy access to downtown and major freeways. Don't miss this excellent investment opportunity in a highly sought-after area with strong rental demand.
Last Agent to Sell the Property
Solid Source Realty License #BS.145925 Listed on: 06/09/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,289
Year Built
- Built in 1926
Lot Details
- 3,920 Sq Ft Lot
- Partially Fenced Property
- Level Lot
- Front Yard Sprinklers
- Sprinklers on Timer
Home Design
- Duplex
- Slab Foundation
- Composition Roof
- Wood Siding
- Vinyl Siding
- Stick Built Home
Interior Spaces
- 1,162 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Vinyl Clad Windows
- Crawl Space
- Fire and Smoke Detector
Kitchen
- Electric Oven
- Microwave
- Dishwasher
Flooring
- Carpet
- Laminate
- Tile
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 3 Parking Spaces
- 2 Parking Spaces Included
- Common or Shared Parking
- Alley Access
Schools
- Mt. Rose Elementary School
- Swope Middle School
- Reno High School
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Separate Meters
- Master Meter
- Natural Gas Connected
- Individual Gas Meter
- Gas Water Heater
- Internet Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 014-055-23
Community Details
Overview
- 2 Buildings
- 2 Units
- Reno Community
- Litch Addition Subdivision
- The community has rules related to covenants, conditions, and restrictions
Building Details
- 2 Separate Gas Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 9, 2025
Closed on
Aug 11, 2025
Sold by
Julie S Drummond And Scott C Drummond 20 and Drummond Julie S
Bought by
Medgyesi Eric
Seller's Agent
Lauren Tuey
Solid Source Realty
Buyer's Agent
Eric Medgyesi
RE/MAX Professionals-Reno
List Price
$619,000
Sold Price
$623,000
Premium/Discount to List
$4,000
0.65%
Views
61
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,220
Avg. Annual Appreciation
-0.28%
Original Mortgage
$611,715
Outstanding Balance
$610,101
Interest Rate
6.67%
Mortgage Type
FHA
Estimated Equity
$11,679
Purchase Details
Closed on
Aug 31, 2018
Sold by
Anderson James F
Bought by
Drummond Julie S and Drummond Scott C
Purchase Details
Closed on
Oct 9, 2003
Sold by
Anderson James F
Bought by
Anderson James F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.27%
Mortgage Type
Unknown
Purchase Details
Closed on
Oct 7, 2003
Sold by
Anderson James F
Bought by
Anderson James F and James F Anderson 1997 Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.27%
Mortgage Type
Unknown
Purchase Details
Closed on
Nov 20, 1997
Sold by
Anderson James F
Bought by
Anderson James F and The James F Anderson 1997 Trust
Purchase Details
Closed on
May 24, 1995
Sold by
Anderson Kelly Anne
Bought by
Anderson James F
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Medgyesi Eric | $623,000 | Ticor Title | |
| Drummond Julie S | $289,000 | Western Title Co | |
| Anderson James F | -- | Western Title Incorporated | |
| Anderson James F | -- | Western Title Incorporated | |
| Anderson James F | -- | -- | |
| Anderson James F | -- | Western Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Medgyesi Eric | $611,715 | |
| Previous Owner | Anderson James F | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/15/2025 08/15/25 | Sold | $623,000 | +0.6% | $536 / Sq Ft |
| 06/09/2025 06/09/25 | For Sale | $619,000 | -- | $533 / Sq Ft |
Source: Northern Nevada Regional MLS
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 |
|---|---|---|---|---|
| 2026 | $694 | $80,729 | $65,625 | $15,104 |
| 2025 | $1,289 | $80,632 | $65,625 | $15,007 |
| 2024 | $1,289 | $80,389 | $65,625 | $14,764 |
| 2023 | $1,195 | $79,355 | $65,625 | $13,730 |
| 2022 | $1,107 | $61,352 | $50,155 | $11,197 |
| 2021 | $1,025 | $49,942 | $39,130 | $10,812 |
| 2020 | $963 | $45,720 | $35,000 | $10,720 |
| 2019 | $917 | $43,493 | $33,390 | $10,103 |
| 2018 | $876 | $34,893 | $25,200 | $9,693 |
| 2017 | $841 | $34,316 | $24,500 | $9,816 |
| 2016 | $822 | $36,095 | $26,250 | $9,845 |
| 2015 | $822 | $25,762 | $16,100 | $9,662 |
| 2014 | $797 | $23,813 | $14,700 | $9,113 |
| 2013 | -- | $20,919 | $11,900 | $9,019 |
Source: Public Records
Agents Affiliated with this Home
-
Lauren Tuey
-
Eric Medgyesi
Buyer's Agent in 2025
Eric Medgyesi
RE/MAX
(775) 770-8890
2 in this area
66 Total Sales
-
T
Buyer Co-Listing Agent in 2025
The Olson Group
RE/MAX
Map
Source: Northern Nevada Regional MLS
MLS Number: 250051204
APN: 014-055-23
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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The content relating to real estate for sale on this web site comes in part from the Broker Reciprocity/ IDX program of the Northern Nevada Regional Multiple Listing Service°. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo and detailed information about those listings includes the name of the listing brokerage. Any use of the content other than by a search performed by a consumer looking to purchase or rent real estate is prohibited. © 2026 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved.
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