NOT LISTED FOR SALE

Estimated Value: $444,000 - $598,000

4 Beds
4 Baths
1,768 Sq Ft
$284/Sq Ft Est. Value

Last Sold May 22, 2020

Last sale price $355,000 $201 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,923/month

5 Days on Market

Highlights

  • Patio
  • 1-Story Property
  • Forced Air Heating System
  • Ceramic Tile Flooring
  • Landscaped
  • Wood Siding

About This Home

As of May 2020

Ideal investment opportunity! Each unit has its own attached one car garage, laundry, and small private yard/patio. Front unit 2 bed/1 bath; back unit 2 bed/2 bath. Both units have been updated with newer flooring, newer appliances in front unit, newer furnaces, water heaters, roof. Both units are occupied and renting month-to-month. Current rents (approx $900/unit monthly) are below market value as both have been occupied for many years, but still provide a great return as-is. Agents, see private remarks.

Last Listed By

Christopher Galli

Dickson Realty - Downtown License #BS.143379 Listed on: 02/06/2020

Dickson Realty - Downtown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,221

Year Built

  • Built in 1979

Lot Details

  • 7,405 Sq Ft Lot
  • Back Yard Fenced
  • Landscaped

Home Design

  • Wood Frame Construction
  • Pitched Roof
  • Composition Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,768 Sq Ft Home
  • 1-Story Property
  • Drapes & Rods
  • Blinds
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Laundry

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

Parking

  • 4 Car Garage
  • 2 Parking Spaces Included
  • Parking Available
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Cooling System Utilizes Natural Gas
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater
  • Internet Available

Community Details

  • 2 Units
  • 1061 63 Tyler Way Community

Listing and Financial Details

  • Assessor Parcel Number 02734111

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,221

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Type Of Property: Duplex, Triplex, 4-Plex
  • Lvt Date: 02/06/2020
  • Year Built: 1979
  • Access Type: Public
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal, Dryer, Dishwasher, Oven/Range, Refrigerator, Varies Per Unit, Washer
  • Water Heater: Natural Gas
  • Flooring: Ceramic Tile, Carpet, Laminate, Sheet Vinyl, Varies By Unit
  • Price Per Sq Ft: 200.79
  • Sold Price Per Sq Ft: 200.79
  • Source Of Sq Ft: Assessor
  • Gross Sq Ft: 1768

Exterior Features

  • Windows: Combo/Varies
  • Construction: Wood Frame
  • Exterior: Wood Siding
  • Fenced: Back
  • Foundation: Concrete/Crawl Space
  • Landscaped: Partially Landscaped, Yes
  • Roof: Composition/Shingle, Pitched
  • Stories: 1 Story

Garage/Parking

  • Total Parking Capacity: 4
  • Parking Capacity Per Unit: 2
  • Parking Types: Attached

Utilities

  • Heating Cooling: Natural Gas, Forced Air
  • Internet: Yes
  • Utilities: City/County Water, City Sewer, Electricity, Natural Gas, Water Meter Installed
  • Facility Features: Separate Heating/Cooling, Separate Meters-Electric, Separated Meters-Gas, Separate Meters-Water, Separate Water Heaters, Tenant Pays Utilities
  • Individually Metered: Yes
  • Laundry: Hall, Kitchen, Varies Per Unit

Condo/Co-op/Association

  • Complex Name: 1061-63 Tyler Way

Lot Info

  • Acreage: 0.17
  • Parcel Number: 02734111
  • Zoning Actual: MF-2

Rental Info

  • Current Lease: Month To Month

Tax Info

  • Taxes Dollar: 1221.39

Multi Family

  • Number Units: 2
  • Unit Features: Blinds/Shades, Drapes/Curtains, Garage Door Opener, Patio/Deck, Smoke Detector, Varies Per Unit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2020
Closed on
May 21, 2020
Sold by
Ruckman Jason M and Ruckman Amie M
Bought by
Stokes Warren K
Seller's Agent
Christopher Galli
Dickson Realty - Downtown
Buyer's Agent
Kristene Biglieri
Reno Sparks Realty, LLC
List Price
$350,000
Sold Price
$355,000
Premium/Discount to List
$5,000
1.43%
Total Days on Market
5
Current Estimated Value
$502,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,608
Avg. Annual Appreciation
7.22%
Original Mortgage
$284,000
Outstanding Balance
$254,942
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$247,666

Purchase Details

Closed on
Oct 19, 2016
Sold by
Hapgood Aaron Wade
Bought by
Ruckman Jason M and Ruckman Amie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 30, 2012
Closed on
Dec 13, 2012
Sold by
Walker Aaryn and Walker Vestee
Bought by
Hapgood Aaron Wade
Seller's Agent
John Treadwell
Call It Closed International
Buyer's Agent
Christopher Galli
Dickson Realty - Downtown
List Price
$124,900
Sold Price
$125,000
Premium/Discount to List
$100
0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.84%

Purchase Details

Listed on
Nov 30, 2012
Closed on
Dec 7, 2012
Sold by
Serps Family Lp
Bought by
Hapgood Aaron Wade
Seller's Agent
John Treadwell
Call It Closed International
Buyer's Agent
Christopher Galli
Dickson Realty - Downtown
List Price
$124,900
Sold Price
$125,000
Premium/Discount to List
$100
0.08%

Purchase Details

Closed on
Jun 3, 1998
Sold by
Schiller William E
Bought by
The Serps Family Ltd Partnership

Range of Values:

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Average Value
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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
Stokes Warren K $355,000 Ticor Title Reno
Ruckman Jason M $272,500 First Centennial Reno
Hapgood Aaron Wade -- None Available
Hapgood Aaron Wade $125,000 None Available
The Serps Family Ltd Partnership -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stokes Warren K $284,000
Previous Owner Ruckman Jason M $202,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2020 05/22/20 Sold $355,000 +1.4% $201 / Sq Ft
02/11/2020 02/11/20 Pending -- -- --
02/06/2020 02/06/20 For Sale $350,000 +180.0% $198 / Sq Ft
12/14/2012 12/14/12 Sold $125,000 +0.1% $74 / Sq Ft
12/03/2012 12/03/12 Pending -- -- --
11/30/2012 11/30/12 For Sale $124,900 -- $73 / 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
2025 $1,633 $67,982 $43,365 $24,617
2024 $1,633 $66,762 $40,635 $26,127
2023 $1,514 $65,063 $41,510 $23,553
2022 $1,470 $54,154 $33,355 $20,799
2021 $1,362 $48,851 $27,615 $21,236
2020 $1,282 $48,283 $26,530 $21,753
2019 $1,221 $43,916 $22,470 $21,446
2018 $1,182 $36,565 $15,190 $21,375
2017 $1,137 $35,564 $14,000 $21,564
2016 $1,109 $33,547 $11,200 $22,347
2015 $1,108 $31,203 $8,050 $23,153
2014 $1,075 $29,335 $7,000 $22,335
2013 -- $28,397 $6,160 $22,237
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 200001505

Northern Nevada Regional MLS

APN: 027-341-11