NOT LISTED FOR SALE

Estimated Value: $328,927

0.51 Acre
$644,955 Price per Acre
22,216 Sq Ft Lot

Last Sold January 17, 2022

Last sale price $300,000

Est. 10% increase in value since last sale

Current estimated payment $1,962/month

48 Days on Market

Highlights

  • 0.51 Acre Lot
  • No HOA
  • Level Lot

About This Lot

As of January 2022

Opportunity zone land. Just over a half acre this sizable Mixed Use Urban zoned parcel lies approximately one mile from Downtown Reno, Renown Regional Medical Center, ballpark and Reno Livestock Events Center. Excellent potential for a residential or small industrial development use close to the up and coming 4th street brewery area with easy access to Sutro, East 6th street and I-80., Buyer and buyer's agent must verify potential uses and opportunity zone benefits/restrictions with local and state officials/professionals. Seller is a licensed real estate agent in the state of Nevada.

Last Agent to Sell the Property

Chris Moton

Marmot Properties, LLC License #BS.145493 Listed on: 11/04/2021

Co-Listed By

Trevor Richardson

Address Income License #B.1002905

Last Buyer's Agent

Chris Moton

Marmot Properties, LLC License #BS.145493 Listed on: 11/04/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,179

Lot Details

  • 0.51 Acre Lot
  • Property fronts an easement
  • Level Lot
  • Property is zoned MU

Schools

  • Booth Elementary School
  • Vaughn Middle School
  • Wooster High School

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 00833107

Property Details

Property Type

Land

Est. Annual Taxes

$1,179

Lot Details

0

Listing Details

  • Property Type: Land
  • Horses: No
  • Lot Features: Level
  • Lot Size Acres: 0.51
  • Road Frontage Type: Other, Public Access
  • Road Surface Type: Paved
  • Has H O A?: No
  • Co List Office Mls Id: 1964-o
  • Co List Office Phone: 775-850-3100
  • Co List Office Mls Id: 1854-o
  • Co List Office Phone: 775-301-5289
  • Directions: Sutro
  • Tax Legal Zoning4: MU
  • Lot Features Level: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Water Rights Water Rights Y N: No
  • Tax Legal Elementary School2: Booth
  • Tax Legal High School2: Wooster
  • Tax Legal Tax Annual Amount3: 1179.25
  • Tax Legal Middleor Junior School3: Vaughn
  • Association Community Association Y N: No
  • Lot Lot Size Acres: 0.51
  • Lot Horse Y N4: No
  • Land Details Crops Included Y N: No
  • Land Details Deed Restrictions: No
  • Land Details Utility Easement Y N: Yes
  • Development Status Raw Land: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Sewer: Public Sewer
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Water Source Public: Yes

Schools

  • Middle Or Junior School: Vaughn

Lot Info

  • Parcel Number: 00833107
  • Fencing: None
  • Development Status: Raw Land
  • Lot Size Sq Ft: 22215.6
  • Crops Included: No
  • Zoning: MU

Tax Info

  • Tax Annual Amount: 1179.25

MLS Schools

  • Elementary School: Booth
  • HighSchool: Wooster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2021
Closed on
Jan 13, 2022
Sold by
Clc Properties Llc
Bought by
Lara Juana Reyes and Lara Antelmo Soto
Seller's Agent
Chris Moton
Marmot Properties, LLC
Buyer's Agent
Chris Moton
Marmot Properties, LLC
List Price
$315,000
Sold Price
$300,000
Premium/Discount to List
-$15,000
-4.76%
Current Estimated Value
$328,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,927
Avg. Annual Appreciation
1.46%
Original Mortgage
$150,000
Outstanding Balance
$139,551
Interest Rate
3.05%
Mortgage Type
Seller Take Back
Estimated Equity
$176,786
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
Lara Juana Reyes $300,000 First Centennial Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lara Juana Reyes $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2022 01/17/22 Sold $300,000 -4.8% --
12/21/2021 12/21/21 Pending -- -- --
11/03/2021 11/03/21 For Sale $315,000 -- --
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 $2,515 $81,135 $52,598 $28,537
2024 $2,515 $54,360 $52,598 $1,762
2023 $1,375 $46,354 $44,863 $1,491
2022 $1,273 $38,357 $37,128 $1,229
2021 $1,179 $32,165 $30,940 $1,225
2020 $1,160 $32,170 $30,940 $1,230
2019 $1,105 $30,194 $29,006 $1,188
2018 $1,112 $30,160 $29,006 $1,154
2017 $949 $28,006 $10,348 $17,658
2016 $921 $27,475 $9,986 $17,489
2015 $918 $25,648 $8,400 $17,248
2014 $894 $23,971 $7,700 $16,271
2013 -- $24,432 $8,330 $16,102
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 210016494

Northern Nevada Regional MLS

APN: 008-331-07