NOT LISTED FOR SALE

1270 Castle Way Reno, NV 89512

Northeast Reno Neighborhood

Estimated Value: $334,000 - $349,000

3 Beds
1 Bath
925 Sq Ft
$370/Sq Ft Est. Value

Last Sold May 24, 2013

Last sale price $65,300 $71 Per Sq Ft

Est. 424% increase in value since last sale

Current estimated payment $1,860/month

19 Days on Market

Highlights

  • Separate Formal Living Room
  • 2 Car Attached Garage
  • Patio
  • No HOA
  • Double Pane Windows
  • 1-minute walk to Rotary Centennial Park

About This Home

As of May 2013

Diamond in the rough with great potential. Perfect investment opportunity. Property to be sold "as is". Priced to sell quickly., PLEASE NOTE WE ARE IN A MULTIPLE OFFER SITUATION. HIGHEST AND BEST OFFERS ARE TO BE SUBMITTED NO LATER THAN 5 PM TUESDAY 3/12/13.

Last Agent to Sell the Property

Steven Melching

Rustic Realty License #B.427 Listed on: 03/08/2013

Last Buyer's Agent

Shu Lan

All Star Realty License #B.7822

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $374

Year Built

  • Built in 1955

Lot Details

  • 6,534 Sq Ft Lot
  • Property is Fully Fenced
  • Landscaped
  • Level Lot
  • Property is zoned SF6

Parking

  • 2 Car Attached Garage

Home Design

  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 925 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Separate Formal Living Room
  • Combination Kitchen and Dining Room
  • Carpet
  • Crawl Space
  • Dishwasher
  • Laundry in Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio

Schools

  • Duncan Elementary School
  • Traner Middle School
  • Hug High School

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • No Water Heater
  • Phone Available

Community Details

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

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Home warranty included in the sale of the property
  • Assessor Parcel Number 00804404
  • $244 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$374

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1955
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Landscaped, Level
  • Lot Size Acres: 0.15
  • Road Frontage Type: Other
  • Association Amenities: None
  • Has H O A?: No
  • Co List Office Mls Id: 268-o
  • Co List Office Phone: 775-356-1222
  • Special Conditions: Real Estate Owned
  • Directions: Oddie - Montello - Castle
  • Has Fireplace?: No
  • Living Area: 925.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Duncan
  • Tax Legal Middle Or Junior School2: Traner
  • Tax Legal High School: Hug
  • Tax Legal Tax Annual Amount: 374.38
  • Tax Legal Zoning4: SF6
  • Association Community Association Y N3: No
  • Building Stories5: 1
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 0.15
  • Lot Lot Size Square Feet2: 6534.0
  • Lot Horse Y N2: No
  • Lot Features Landscaped: Yes
  • Foundation Details Crawl Space: Yes
  • Lot Features Level: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Fencing Full2: Yes
  • Outdoor Living Spaces Patio2: Yes
  • Water Heater None29: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Tax Legal Tax Other Annual Assessment Amount3: 243.54
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Appliances: Dishwasher
  • Flooring: Carpet
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Primary Downstairs
  • Window Features: Double Pane Windows, Single Pane Windows
  • Interior Living Area4: 925.0
  • Interior Fireplace Y N: No
  • Flooring Carpet: Yes
  • Interior Features Primary Downstairs: Yes
  • Window Features Double Pane Windows: Yes
  • Laundry Features In Kitchen: Yes
  • Living Room Features Separate Formal Room: Yes
  • Primary Bedroom Features On Main Floor: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Dining Room Features Kitchen Combination: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Pitched, Shingle
  • Stories: 1
  • Construction Type: Vinyl Siding
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Patio
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes
  • Construction Materials Vinyl Siding: Yes

Garage/Parking

  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Garage Spaces: 2.0
  • Has Attached Garage?: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 2.0
  • Parking Information Garage Y N: Yes
  • Parking Information Garage Spaces: 2.0
  • Parking Information Carport Y N: No
  • Parking Information Parking Total: 2.0
  • Parking Features Attached: Yes

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Water Meter Installed
  • Water Source: Public
  • Laundry Features: In Kitchen
  • Heating: Natural Gas, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Heating Y N3: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Utilities Water Meter Installed: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes
  • Heating Wall Furnace: Yes

Schools

  • Middle Or Junior School: Traner

Lot Info

  • Parcel Number: 00804404
  • Fencing: Full
  • Lot Size Sq Ft: 6534.0
  • Zoning: SF6

Tax Info

  • Tax Annual Amount: 374.38

MLS Schools

  • Elementary School: Duncan
  • HighSchool: Hug

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2013
Closed on
Apr 8, 2013
Sold by
Us Bank National Association
Bought by
Zhang Chao and Lin Xing J
Seller's Agent
Steven Melching
Rustic Realty
Buyer's Agent
Shu Lan
All Star Realty
List Price
$33,990
Sold Price
$65,300
Premium/Discount to List
$31,310
92.12%
Current Estimated Value
$341,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,605
Avg. Annual Appreciation
14.30%

Purchase Details

Closed on
Nov 28, 2012
Sold by
Cooper Onie
Bought by
Us Bank Na and Jpmorgan Mortgage Acquisition Trust 2006

Purchase Details

Closed on
Jul 25, 2006
Sold by
Cooper Mary
Bought by
Cooper Onie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 1996
Sold by
Enslen Robert
Bought by
Cooper Onie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
7.87%
Mortgage Type
VA
Source: Public Records

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
Zhang Chao $65,500 Ticor Title Reno
Us Bank Na $55,718 Lsi Title Agency Inc
Cooper Onie -- First American Title
Cooper Onie $101,000 First Centennial Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cooper Onie $155,000
Previous Owner Cooper Onie $101,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2013 05/24/13 Sold $65,300 +92.1% $71 / Sq Ft
03/26/2013 03/26/13 Pending -- -- --
03/07/2013 03/07/13 For Sale $33,990 -- $37 / 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 $558 $41,535 $28,490 $13,045
2024 $558 $38,084 $25,235 $12,849
2023 $519 $39,568 $27,685 $11,883
2022 $503 $31,599 $21,910 $9,689
2021 $505 $24,380 $14,945 $9,435
2020 $474 $23,395 $14,140 $9,255
2019 $450 $22,904 $14,105 $8,799
2018 $430 $17,573 $9,135 $8,438
2017 $419 $16,196 $7,910 $8,286
2016 $409 $15,376 $7,070 $8,306
2015 $107 $13,101 $4,865 $8,236
2014 $391 $11,750 $3,990 $7,760
2013 -- $10,282 $2,765 $7,517
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Steven Melching

    Rustic Realty

    (775) 750-9333

    11 Total Sales

    Steven Melching
    Section Image

  • S

    Buyer's Agent in 2013

    Shu Lan

    All Star Realty

    Section Image
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Map

Source: Northern Nevada Regional MLS

MLS Number: 130002377

Northern Nevada Regional MLS

APN: 008-044-04

Nevada Washoe County Reno 89512 Northeast Reno

1270 Castle Way, Reno, NV

This home is located at 1270 Castle Way, Reno, NV 89512 since 08 March 2013 and is currently estimated at $341,905, approximately $369 per square foot. This property was built in 1955. 1270 Castle Way is a home located in Washoe County with nearby schools including Glenn Duncan STEM Academy, Fred W. Traner Middle School, and Procter R. Hug High School.

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