NOT LISTED FOR SALE

Estimated Value: $513,326 - $622,000

4 Beds
4 Baths
1,948 Sq Ft
$298/Sq Ft Est. Value

Last Sold March 18, 2024

Last sale price $590,000 $303 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,143/month

43 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Brick or Stone Mason
  • Reno High School Rated A-
  • Double Pane Windows
  • Tandem Parking

About This Home

As of March 2024

This adorable duplex is located in a perfect location of Northwest Reno-close to the University, Rancho San Rafael, shopping and highway access. The charming upstairs unit is bright and sunny and has a great covered front porch along with a nice kitchen and wood floors. The downstairs unit and features laminate flooring, a nicely tiled shower and bath along a spacious modern kitchen. Both units have full sized washer and dryers and backyards., This duplex has always been easy to rent! Here is your opportunity to live in one and generate income at the same time or keep both rented for income! Buyer to verify all info. Buyer to verify all info.

Last Agent to Sell the Property

Tanya Groso-Lachenauer

Keller Williams Group One Inc. License #S.49780 Listed on: 01/07/2024

Keller Williams Group One Inc.

Last Buyer's Agent

Stefano Hristov

Marmot Properties, LLC License #S.178184

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,587

Year Built

  • Built in 1936

Lot Details

  • 3,920 Sq Ft Lot
  • Back Yard Fenced
  • Landscaped

Home Design

  • Brick or Stone Mason
  • Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,948 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Blinds
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Laundry

  • Laundry in Hall
  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Tandem Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Peavine Elementary School
  • Clayton Middle School
  • Reno High School

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Separate Meters
  • Master Meter
  • Gas Water Heater

Community Details

  • 2 Units
  • Net Operating Income $24,363

Listing and Financial Details

  • The owner pays for all utilities
  • Assessor Parcel Number 00714232

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,587

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Year Built: 1936
  • Property Type: Residential Income
  • Lot Features: Landscaped
  • Lot Size Acres: 0.09
  • Road Frontage Type: Public
  • Security Features: Keyless Entry, Smoke Detector(s)
  • Co List Office Mls Id: 1315-o
  • Co List Office Phone: 775-823-8787
  • Directions: Keystone, Gear, Right on Bell
  • Tax Legal Zoning4: MF14
  • Building Stories5: 1
  • Fencing Back Yard: Yes
  • Lot Features Landscaped: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Appliances Dishwasher: Yes
  • Appliances Disposal: Yes
  • Appliances Dryer: Yes
  • Appliances Washer: Yes
  • Outdoor Living Spaces Deck3: Yes
  • Outdoor Living Spaces Patio2: Yes
  • Security Features Smoke Detector(s): Yes
  • Appliances Microwave: Yes
  • Fencing Partial2: Yes
  • Water Heater Gas5: Yes
  • Construction Materials Brick: Yes
  • Construction Materials Frame: Yes
  • Tax Legal Elementary School2: Peavine
  • Tax Legal High School2: Reno
  • Lot Lot Size Acres4: 0.09
  • Lot Lot Size Square Feet4: 3920.4
  • Appliances Oven: Yes
  • Appliances Gas Range: Yes
  • Tax Legal Tax Annual Amount3: 1587.0
  • Incomeand Expenses Net Operating Income: 24363.0
  • Contract Rent Control Y N: No
  • Association Community Number Of Buildings2: 1.0
  • Building Number Of Units Total5: 2.0
  • Special Information Onsite Management Y N: No
  • Meter Information Separate Meters Y N: Yes
  • Meter Information Separate Electric Meters Y N: No
  • Meter Information Separate Gas Meters Y N: No
  • Meter Information Separate Water Meters Y N: No
  • Meter Information Separate Water Heaters Y N: No
  • Meter Information One Primary Electric Meter Y N: Yes
  • Meter Information One Primary Gas Meter Y N: Yes
  • Meter Information One Primary Water Meter Y N: Yes
  • Tax Legal Middleor Junior School: Clayton
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Oven, Dishwasher, Disposal, Dryer, Gas Range, Microwave, Refrigerator, Washer
  • Flooring: Carpet, Laminate, Varies, Vinyl, Wood
  • Number Of Buildings: 1
  • Owner Pays: All Utilities
  • Window Features: Blinds, Double Pane Windows, Single Pane Windows, Varies
  • Flooring Carpet: Yes
  • Window Features Double Pane Windows: Yes
  • Laundry Features In Kitchen: Yes
  • Window Features Blinds: Yes
  • Laundry Features In Hall: Yes
  • Flooring Wood: Yes
  • Flooring Laminate: Yes
  • Flooring Vinyl: Yes
  • Interior Building Area Total3: 1948.0
  • Laundry Features In Unit: Yes

Exterior Features

  • Roof: Composition, Pitched, Shingle
  • Stories: 1
  • Construction Type: Brick, Frame, Wood Siding
  • Patio And Porch Features: Patio, Deck
  • Construction Materials Wood Siding: Yes
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: Tandem, Varies by Unit
  • Total Parking Spaces: 2.0
  • Parking Features Tandem: Yes
  • Parking Information Parking Total4: 2.0

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: In Hall, In Kitchen, In Unit, Varies By Unit
  • Heating: Natural Gas, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes
  • Heating Wall Furnace: Yes
  • Utilities Heating Y N5: Yes
  • Owner Pays All Utilities: Yes

Schools

  • Middle Or Junior School: Clayton

Lot Info

  • Parcel Number: 00714232
  • Fencing: Back Yard, Partial
  • Lot Size Sq Ft: 3920.4
  • Zoning: MF14

Multi Family

  • Gross Scheduled Income: 38400.0
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1587.0

MLS Schools

  • Elementary School: Peavine
  • HighSchool: Reno

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2024
Closed on
Mar 14, 2024
Sold by
Bkb Properties Llc
Bought by
Fisher Mallory
Seller's Agent
Tanya Groso-Lachenauer
Keller Williams Group One Inc.
Buyer's Agent
Stefano Hristov
Marmot Properties, LLC
List Price
$695,000
Sold Price
$590,000
Premium/Discount to List
-$105,000
-15.11%
Views
162
Current Estimated Value
$580,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,418
Avg. Annual Appreciation
-0.89%
Original Mortgage
$560,500
Outstanding Balance
$550,083
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$30,499

Purchase Details

Listed on
Jan 7, 2024
Closed on
Feb 13, 2024
Sold by
Bkb Properties Llc
Bought by
Bkb Properties Llc
Seller's Agent
Tanya Groso-Lachenauer
Keller Williams Group One Inc.
Buyer's Agent
Stefano Hristov
Marmot Properties, LLC
List Price
$695,000
Sold Price
$590,000
Premium/Discount to List
-$105,000
-15.11%
Views
162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,500
Outstanding Balance
$550,083
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$30,499

Purchase Details

Closed on
Apr 2, 2015
Sold by
Gallagher Seamus
Bought by
Gallagher Seamus Neill and Gallagher Carolyn

Purchase Details

Closed on
Jan 9, 2014
Sold by
Gallagher Carolyn
Bought by
Gallagher Seamus

Purchase Details

Closed on
Jan 9, 2013
Sold by
Marmot Reof I Llc
Bought by
Gallagher Seamus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,900
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2011
Sold by
Wood Is Good Llc
Bought by
Marmot Properties Llc

Purchase Details

Closed on
Jun 9, 2010
Sold by
Gourley Kenneth
Bought by
Wood Is Good Llc

Purchase Details

Closed on
Jan 19, 2006
Sold by
Gourley Jennifer
Bought by
Gourley Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 16, 2006
Sold by
Bailey Josh W
Bought by
Gourley Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 24, 2001
Sold by
Seely Richard and Bailey Linda D
Bought by
Bailey Josh W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,100
Interest Rate
7.15%

Purchase Details

Closed on
Dec 21, 1998
Sold by
Raffetto Alvin
Bought by
Bailey Josh W and Seely Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,295
Interest Rate
6.86%
Mortgage Type
FHA
Source: Public Records
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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
Fisher Mallory $590,000 Ticor Title
Bkb Properties Llc -- None Listed On Document
Gallagher Seamus Neill -- None Available
Gallagher Seamus -- None Available
Gallagher Seamus $227,000 None Available
Marmot Properties Llc $162,000 First Centennial Reno
Wood Is Good Llc $101,000 First American Title Reno
Gourley Kenneth -- Ticor Title Of Nevada Inc
Gourley Kenneth $255,000 Ticor Title Of Nevada Inc
Bailey Josh W -- Stewart Title Northern Nevad
Bailey Josh W $92,500 United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fisher Mallory $560,500
Previous Owner Gallagher Seamus $158,900
Previous Owner Gourley Kenneth $204,000
Previous Owner Gourley Kenneth $25,500
Previous Owner Bailey Josh W $91,100
Previous Owner Bailey Josh W $91,295
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2024 03/18/24 Sold $590,000 0.0% $303 / Sq Ft
02/18/2024 02/18/24 Pending -- -- --
02/16/2024 02/16/24 Price Changed $590,000 -12.6% $303 / Sq Ft
01/25/2024 01/25/24 Price Changed $675,000 -2.9% $347 / Sq Ft
01/06/2024 01/06/24 For Sale $695,000 -- $357 / Sq Ft
Source: Northern Nevada Regional MLS

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
2026 $1,317 $79,491 $54,075 $25,416
2025 $1,714 $78,126 $52,710 $25,416
2024 $1,714 $78,842 $51,450 $27,392
2023 $1,587 $76,575 $51,450 $25,125
2022 $1,470 $66,590 $45,500 $21,090
2021 $1,359 $56,703 $36,400 $20,303
2020 $1,277 $55,484 $35,000 $20,484
2019 $1,217 $48,313 $28,700 $19,613
2018 $1,161 $38,753 $19,950 $18,803
2017 $1,114 $36,719 $18,025 $18,694
2016 $1,086 $32,773 $14,238 $18,535
2015 $1,081 $31,727 $13,300 $18,427
2014 $1,051 $28,596 $10,973 $17,623
2013 -- $28,246 $10,973 $17,273
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 240000173

Northern Nevada Regional MLS

APN: 007-142-32