NOT LISTED FOR SALE

1102 Codel Way Reno, NV 89503

West University Neighborhood

Estimated Value: $496,562 - $723,000

4 Beds
2 Baths
2,240 Sq Ft
$263/Sq Ft Est. Value

Last Sold February 27, 2023

Last sale price $590,000 $263 Per Sq Ft

Current estimated payment $3,250/month

33 Days on Market

Highlights

  • Deck
  • Fireplace
  • Brick or Stone Mason
  • Reno High School Rated A
  • Double Pane Windows
  • Cooling Available

About This Home

As of February 2023

Meticulously maintained duplex (two 2 bed/1 bath units) just 4 blocks from the UNR campus. Recently renovated, totally turnkey, and ready for new owners / tenants. Occupy with tenants of your choice at market rents (historically high in the area) for optimal cashflow or move your student into one unit and rent the other to offset expenses. Excellent rental property that will ALWAYS be in high demand due to the close proximity to the University. Separate spacious fenced yards for each unit. Easy to show!!, The two units are individually metered for gas & electricity and have separate water heaters and separate heating systems. Tenants pay gas & electricity, property owner pays water, sewer, & trash. 1 block from Reno Fire Department station (insurance companies love this). Agents - see private remarks for showing instructions.

Last Agent to Sell the Property

Chris McCain

DL Realty License #S.183923 Listed on: 11/15/2022

Last Buyer's Agent

Brenda Novak-Allen

RE/MAX Gold-Midtown License #S.175230

RE/MAX Gold-Midtown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,126

Year Built

  • Built in 1925

Lot Details

  • 6,534 Sq Ft Lot
  • Property is Fully Fenced
  • Drip System Landscaping
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

Home Design

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

Interior Spaces

  • 2,240 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Drapes & Rods
  • Blinds
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Gas Range

Flooring

  • Laminate
  • Ceramic Tile

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Schools

  • Elmcrest Elementary School
  • Clayton Middle School
  • Reno High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Separate Meters
  • Master Meter
  • Individual Gas Meter
  • Electric Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units
  • Net Operating Income $35,104

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for all utilities
  • Assessor Parcel Number 00711305

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,126

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Year Built: 1925
  • Property Type: Residential Income
  • Road Frontage Type: Public
  • Co List Office Mls Id: 1950-o
  • Co List Office Phone: 775-762-5418
  • Directions: Corner of Codel Way & W 11th St.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven, Dryer, Gas Range, Refrigerator, Washer
  • Flooring: Ceramic Tile, Laminate, Varies
  • Number Of Buildings: 1
  • Owner Pays: All Utilities
  • Window Features: Blinds, Double Pane Windows, Drapes, Vinyl Frames

Exterior Features

  • Roof: Composition, Pitched, Shingle
  • Stories: 2
  • Construction Type: Brick, Frame
  • Patio And Porch Features: Patio, Deck

Garage/Parking

  • Parking Features: None

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cellular Coverage, Varies By Unit
  • Water Source: Public
  • Laundry Features: Common Area
  • Cooling: Electric, Varies By Unit
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Middle Or Junior School: Clayton

Lot Info

  • Parcel Number: 00711305
  • Fencing: Full
  • Lot Size Sq Ft: 6534.0
  • Zoning: MF14

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Scheduled Income: 42000.0
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1126.0

MLS Schools

  • Elementary School: Elmcrest
  • HighSchool: Reno

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2022
Closed on
Jan 19, 2023
Sold by
Mcguire Family Trust
Bought by
Mazur Stephen J and Mazur Cheryl A
Seller's Agent
Chris McCain
DL Realty
Buyer's Agent
Brenda Novak-Allen
RE/MAX Gold-Midtown
List Price
$629,000
Sold Price
$590,000
Premium/Discount to List
-$39,000
-6.2%
Views
34
Current Estimated Value
$589,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$109
Avg. Annual Appreciation
-0.01%
Original Mortgage
$430,000
Outstanding Balance
$418,836
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$171,055

Purchase Details

Closed on
Feb 3, 2022
Sold by
Irish Green Lands Llc
Bought by
Mcguire Family Trust

Purchase Details

Closed on
Nov 18, 2009
Sold by
Mcguire Neil Kenneth and Mcguire Teresa Rawlins
Bought by
Irish Green Lands Llc

Purchase Details

Closed on
Jan 10, 2001
Sold by
Rovira Brian A and Tinker Rovira P
Bought by
Mcguire Neil K and Mcguire Teresa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
6.98%

Purchase Details

Closed on
Oct 22, 1993
Sold by
Rovira Brian A and Tinker Rovira P
Bought by
Rovira Brian A and Tinker Rovira P
Source: Public Records

Range of Values:

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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
Mazur Stephen J $590,000 First American Title
Mcguire Family Trust -- None Listed On Document
Irish Green Lands Llc -- None Available
Mcguire Neil Kenneth -- None Available
Mcguire Neil K $135,000 Stewart Title Northern Nevad
Rovira Brian A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mazur Stephen J $430,000
Previous Owner Mcguire Neil K $121,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2023 02/27/23 Sold $590,000 -6.2% $263 / Sq Ft
12/17/2022 12/17/22 Pending -- -- --
11/29/2022 11/29/22 For Sale $629,000 0.0% $281 / Sq Ft
11/17/2022 11/17/22 Pending -- -- --
11/14/2022 11/14/22 For Sale $629,000 -- $281 / 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 $1,438 $78,235 $52,710 $25,525
2024 $1,438 $77,250 $51,450 $25,800
2023 $1,335 $74,363 $51,450 $22,913
2022 $1,126 $61,709 $45,500 $16,209
2021 $1,086 $51,984 $36,400 $15,584
2020 $1,053 $50,559 $35,000 $15,559
2019 $1,022 $43,710 $28,700 $15,010
2018 $993 $34,391 $19,950 $14,441
2017 $964 $32,341 $18,025 $14,316
2016 $940 $29,797 $15,820 $13,977
2015 $938 $27,906 $14,000 $13,906
2014 $913 $24,707 $11,550 $13,157
2013 -- $24,250 $11,550 $12,700
Source: Public Records

Agents Affiliated with this Home

  • Chris McCain

    Seller's Agent in 2023

    Chris McCain

    DL Realty

    (775) 225-1144

    9 in this area

    40 Total Sales

    Chris McCain
    Section Image
  • Brenda Novak-Allen

    Buyer's Agent in 2023

    Brenda Novak-Allen

    RE/MAX

    (775) 204-1911

    2 in this area

    57 Total Sales

    Brenda Novak-Allen
    Section Image
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Map

Source: Northern Nevada Regional MLS

MLS Number: 220016225

Northern Nevada Regional MLS

APN: 007-113-05

Nevada Washoe County Reno 89503 West University

1102 Codel Way, Reno, NV

This home is located at 1102 Codel Way, Reno, NV 89503 since 15 November 2022 and is currently estimated at $589,891, approximately $263 per square foot. This property was built in 1925. 1102 Codel Way is a home located in Washoe County with nearby schools including Elmcrest Elementary School, Archie Clayton Pre-AP Academy, and Reno 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.

Northern Nevada Regional MLS 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. © 2025 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved.

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