Seller's Agent in 2025
Gumer Alvarez
Coldwell Banker Select Reno
(775) 813-6831
29 in this area
368 Total Sales
1304 Powell Ln Reno, NV 89502
Smithridge Neighborhood
--
Bed
--
Bath
2,444
Sq Ft
3,920
Sq Ft Lot
Highlights
- Senior Community
- 4 Car Garage
- Carpet
- Double Pane Windows
- Wood Siding
- 2-minute walk to Miguel Ribera Park
About This Home
As of May 2025Great Investment Opportunity! Live on one unit and earn income. Property built in 2004, offers exceptional potential with two spacious bedrooms and two full bathrooms in each unit. Both units also feature a full laundry area, a private garage, and a patio, adding to the convenience and appeal. This central northeast location places the duplex near a range of local amenities, including shops, restaurants, parks, and public transportation, making it highly desirable and boosting it's market value., Both Units have been recently renovated with new floors and and new paint. Seller occupies unit 1304 Powell Lane and property can be shown any time with a 2 hours notice.
Last Agent to Sell the Property
Coldwell Banker Select Reno License #S.62360 Listed on: 04/02/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,734
Year Built
- Built in 2004
Lot Details
- 3,920 Sq Ft Lot
- Back Yard Fenced
Parking
- 4 Car Garage
Home Design
- Slab Foundation
- Frame Construction
- Pitched Roof
- Wood Siding
Interior Spaces
- 2,444 Sq Ft Home
- 2-Story Property
- Double Pane Windows
- Carpet
- Laundry in unit
Schools
- Smithridge Elementary School
- Pine Middle School
- Damonte High School
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Separate Meters
- Individual Gas Meter
- Separate Water Meter
- Gas Water Heater
Community Details
- Senior Community
- 2 Units
- Reno Community
- Sun Acres 2 Subdivision
Listing and Financial Details
- Tenant pays for all utilities
- Assessor Parcel Number 02045006
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 2, 2025
Closed on
May 29, 2025
Sold by
Uribe Ramon Zarate
Bought by
Rios-Zarate Janet
Seller's Agent
Gumer Alvarez
Coldwell Banker Select Reno
Buyer's Agent
Gumer Alvarez
Coldwell Banker Select Reno
List Price
$599,900
Sold Price
$583,000
Premium/Discount to List
-$16,900
-2.82%
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
$16,828
Avg. Annual Appreciation
12.06%
Original Mortgage
$437,250
Outstanding Balance
$436,507
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$163,321
Purchase Details
Listed on
Apr 2, 2025
Closed on
May 28, 2025
Sold by
Palomino Juan Manuel and Palomino Silvia
Bought by
Rios-Zarate Janet
Seller's Agent
Gumer Alvarez
Coldwell Banker Select Reno
Buyer's Agent
Gumer Alvarez
Coldwell Banker Select Reno
List Price
$599,900
Sold Price
$583,000
Premium/Discount to List
-$16,900
-2.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,250
Outstanding Balance
$436,507
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$163,321
Purchase Details
Closed on
May 14, 2021
Sold by
Palomino Juan Manuel
Bought by
Palomino Juan Manuel and Palomino Silvia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
3.1%
Mortgage Type
Commercial
Purchase Details
Closed on
May 13, 2021
Sold by
Palomino Silvia
Bought by
Palomino Juan Manuel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
3.1%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 19, 2021
Sold by
Hernandez Maria and Hernandez Maria G
Bought by
Hernandez Heriberto
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
3.1%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 23, 2009
Sold by
Jpmorgan Chase Bank National Association
Bought by
Hernandez Heriberto and Hernandez Maria
Purchase Details
Closed on
Jul 17, 2009
Sold by
Arango Rafael
Bought by
Jpmorgan Chase Bank National Association
Purchase Details
Closed on
Jun 25, 2007
Sold by
Fish Jon G and Fish Kimberly
Bought by
Arango Rafael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
9.24%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Sep 20, 2006
Sold by
Lucrecia Llc
Bought by
Fish Jon G and Fish Kimberly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.53%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Sep 1, 2004
Sold by
Noel Properties Llc
Bought by
Lucrecia Llc
Purchase Details
Closed on
Jul 7, 2004
Sold by
Laca John Gary and Laca Danette Noel
Bought by
Noel Properties Llc
Purchase Details
Closed on
Feb 26, 2004
Sold by
Pantell David C
Bought by
Laca John Gary and Laca Danette Noel
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | -- | Stewart Title | |
| Bargain Sale Deed | $583,000 | Stewart Title | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Bargain Sale Deed | -- | Acme Title & Escrow Services | |
| Bargain Sale Deed | $530,000 | Acme Title & Escrow Services | |
| Interfamily Deed Transfer | -- | Acme Title And Escrow Svcs | |
| Bargain Sale Deed | $150,000 | Ticor Title Reno | |
| Trustee Deed | $136,000 | Lsi Title Agency Inc | |
| Bargain Sale Deed | $405,000 | First Centennial Title Co | |
| Deed | $405,000 | First Centennial Title Co | |
| Bargain Sale Deed | $246,000 | First Centennial Title Co | |
| Bargain Sale Deed | -- | -- | |
| Bargain Sale Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $437,250 | New Conventional | |
| Previous Owner | $330,000 | Commercial | |
| Previous Owner | $324,000 | Negative Amortization | |
| Previous Owner | $360,000 | Seller Take Back | |
| Previous Owner | $250,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/30/2025 05/30/25 | Sold | $583,000 | -2.8% | $239 / Sq Ft |
| 04/02/2025 04/02/25 | For Sale | $599,900 | -- | $245 / 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 | $2,734 | $121,458 | $42,700 | $78,758 |
| 2024 | $2,734 | $123,900 | $42,700 | $81,200 |
| 2023 | $1,893 | $114,238 | $42,700 | $71,538 |
| 2022 | $2,347 | $97,323 | $35,525 | $61,798 |
| 2021 | $2,174 | $85,165 | $23,345 | $61,820 |
| 2020 | $2,044 | $83,216 | $21,000 | $62,216 |
| 2019 | $1,947 | $79,933 | $19,250 | $60,683 |
| 2018 | $1,858 | $73,257 | $14,000 | $59,257 |
| 2017 | $1,784 | $71,356 | $12,600 | $58,756 |
| 2016 | $1,738 | $71,537 | $11,550 | $59,987 |
| 2015 | $440 | $70,866 | $9,800 | $61,066 |
| 2014 | $1,684 | $64,974 | $7,000 | $57,974 |
| 2013 | -- | $44,481 | $7,000 | $37,481 |
Source: Public Records
Agents Affiliated with this Home
-
Gumer Alvarez
Map
Source: Northern Nevada Regional MLS
MLS Number: 250004151
APN: 020-450-06
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