Seller's Agent in 2023
Chris McCain
DL Realty
(775) 225-1144
9 in this area
44 Total Sales
1102 Codel Way Reno, NV 89503
West University NeighborhoodEstimated Value: $552,307 - $681,000
4
Beds
2
Baths
2,240
Sq Ft
$276/Sq Ft
Est. Value
Highlights
- Deck
- Fireplace
- Brick or Stone Mason
- Reno High School Rated A
- Double Pane Windows
- Cooling Available
About This Home
As of February 2023Meticulously 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.
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,327
Avg. Annual Appreciation
1.88%
Original Mortgage
$430,000
Outstanding Balance
$416,035
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$203,292
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
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
-
Brenda Novak-Allen
Buyer's Agent in 2023
Brenda Novak-Allen
RE/MAX
(775) 204-1911
2 in this area
57 Total Sales
Map
Source: Northern Nevada Regional MLS
MLS Number: 220016225
APN: 007-113-05
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