Maria Lonato-Arias
Hello Real Estate Center
(775) 414-7216
118 Total Sales
2 in Smithridge
$270K - $279K Price Range
1120 Parkview St Reno, NV 89502
Smithridge Neighborhood
8
Beds
--
Bath
3,360
Sq Ft
6,534
Sq Ft Lot
Highlights
- Double Pane Windows
- Ceramic Tile Flooring
- Heating System Uses Natural Gas
- Refrigerated and Evaporative Cooling System
- Wood Siding
- 5-minute walk to Miguel Ribera Park
About This Home
As of August 2022Parkview 4 at 1120 Parkview Street presents an opportunity to acquire a 4-unit multi-family investment property located in Reno, NV, with great access to bus lines, Interstate 80, shopping, and employers. These two bedroom, one bathroom units each have in unit washer and dryers, large kitchens, newer cabinets, granite countertops and backsplash, tile flooring, on-site parking, and approximately 840 +_sq ft of living space. The building has new exterior paint just completed in June 2022., The property is priced below recent area comparable sales. Multifamily property owners continue to see rising rental rents from the shrinking supply and increased demand, and incoming major employers. Investors buying in Nevada benefit from competitive cap rates, rising rental rates, landlord-friendly laws, and benefit from Nevada’s lack of a state income tax.
Last Buyer's Agent
Non MLS Agent
Non MLS Office
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,685
Year Built
- Built in 1979
Lot Details
- 6,534 Sq Ft Lot
Home Design
- Frame Construction
- Pitched Roof
- Shingle Roof
- Composition Roof
- Wood Siding
Interior Spaces
- 3,360 Sq Ft Home
- 2-Story Property
- Double Pane Windows
- Vinyl Clad Windows
- Blinds
- Crawl Space
- Fire and Smoke Detector
Kitchen
- Oven
- Gas Range
- Dishwasher
Flooring
- Carpet
- Ceramic Tile
- Vinyl
Laundry
- Laundry in Kitchen
- Dryer
- Washer
Parking
- 8 Parking Spaces
- Common or Shared Parking
Utilities
- Refrigerated and Evaporative Cooling System
- Heating System Uses Natural Gas
- Separate Meters
- Master Meter
- Individual Gas Meter
- Gas Water Heater
Listing and Financial Details
- Tenant pays for all utilities
- The owner pays for all utilities
- Assessor Parcel Number 020-312-23
Community Details
Overview
- 4 Units
- Reno Community
Building Details
- Net Operating Income $31,613
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 26, 2022
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,100,000
Outstanding Balance
$8,506,981
Interest Rate
5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 22, 2010
Sold by
Bought by
Purchase Details
Closed on
May 10, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,750
Interest Rate
6.75%
Mortgage Type
Unknown
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Smithridge, NV
-
Maria Lonato-Arias
-
Maria McCurdy
Maria McCurdy
BHG Drakulich Realty
(775) 414-7183
67 Total Sales
2 in Smithridge
$170K - $310K Price Range
-
Jaime Rodriguez
Jaime Rodriguez
RE/MAX Gold-Carson City
(775) 546-4045
102 Total Sales
1 in Smithridge
$224,000 Price
-
Ann Delfin
Ann Delfin
Fathom Realty
(775) 451-3671
58 Total Sales
3 in Smithridge
$380K - $650K Price Range
-
Kristin Gandolfo
Kristin Gandolfo
Clark Real Estate & Inv.
(775) 204-2517
34 Total Sales
1 in Smithridge
$193,500 Price
-
Viktor Ganchev
Viktor Ganchev
Keller Williams Group One Inc.
(775) 204-8339
55 Total Sales
1 in Smithridge
$228,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $11,845,500 | Stewart Title | ||
| $100,000 | Ticor Title Reno | ||
| $295,000 | Stewart Title Of Northern Nv |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $500,000 | ||
| Open | $3,300,000 | ||
| Open | $9,100,000 | ||
| Previous Owner | $310,000 | ||
| Previous Owner | $250,750 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/12/2022 08/12/22 | Sold | $670,000 | -7.6% | $199 / Sq Ft |
| 07/12/2022 07/12/22 | Pending | -- | -- | -- |
| 06/21/2022 06/21/22 | For Sale | $725,000 | -- | $216 / Sq Ft |
Source: Northern Nevada Regional MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,628 | $88,478 | $53,200 | $35,278 |
| 2024 | $2,020 | $90,854 | $52,150 | $38,704 |
| 2023 | $1,872 | $87,061 | $52,150 | $34,911 |
| 2022 | $903 | $75,208 | $45,500 | $29,708 |
Source: Public Records
Agents Affiliated with this Home
-
Angela Beard
Seller's Agent in 2022
Angela Beard
RE/MAX
(775) 722-5868
5 in this area
163 Total Sales
-
N
Buyer's Agent in 2022
Non MLS Agent
Non MLS Office
Map
Source: Northern Nevada Regional MLS
MLS Number: 220009060
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.
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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