Jacqueline Mead
Sierra Sotheby's Intl. Realty
(775) 451-3287
44 Total Sales
2 in West University
$410K - $479K Price Range
1347 Terrace Dr Reno, NV 89503
West University NeighborhoodEstimated Value: $511,648
6
Beds
2
Baths
2,437
Sq Ft
$210/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Wood Frame Window
- Laundry Room
- Reno High School Rated A-
- Brick or Stone Mason
- Landscaped
About This Home
As of June 2023Investment Opportunity!! Rare multiuse zoning allows for flexibility and numerous options for conversion. Leave it as a rental, or move a business into it! This house is in a fabulous location being 1 block away from UNR and San Rafael Park, as well as close to downtown. It's always rented, has ample storage space in the basement/laundry area, and an expansive yard for entertaining and gardening., Inspection/showing contingent on accepted offer - DO NOT DISTURB TENANTS! Drive by only! Please see uploaded APOD. Upstairs unit lease through April 1, 2023 and downstairs unit through August 1, 2023. **Property is being sold AS IS**
Last Agent to Sell the Property
All Star Realty License #B.1002983 Listed on: 06/09/2022
Last Buyer's Agent
Stephanie Orona
Compass License #S.191147
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,176
Year Built
- Built in 1928
Lot Details
- 5,663 Sq Ft Lot
- Property fronts a private road
- Back Yard Fenced
- Landscaped
Parking
- 6 Parking Spaces
Home Design
- Brick or Stone Mason
- Slab Foundation
- Shingle Roof
- Composition Roof
- Masonry
Interior Spaces
- 2,437 Sq Ft Home
- 2-Story Property
- Vinyl Clad Windows
- Drapes & Rods
- Wood Frame Window
Kitchen
- Oven
- Gas Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
Laundry
- Laundry Room
- Dryer
- Washer
Schools
- Elmcrest Elementary School
- Clayton Middle School
- Reno High School
Utilities
- 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 00712302
Community Details
Overview
- 2 Units
Building Details
- Vacancy Allowance $1
- Net Operating Income $32,582
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
Listed on
Jun 9, 2022
Closed on
Jun 22, 2023
Sold by
Lan Christine
Bought by
Seller's Agent
Ellen Escobar
All Star Realty
Buyer's Agent
Stephanie Orona
Compass
List Price
$637,000
Sold Price
$580,000
Premium/Discount to List
-$57,000
-8.95%
Views
308
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
-$68,352
Avg. Annual Appreciation
-3.81%
Original Mortgage
$493,000
Outstanding Balance
$474,302
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$37,346
Purchase Details
Closed on
Mar 25, 2022
Sold by
Markus Frick
Bought by
Lan Christine
Purchase Details
Closed on
Jun 25, 2018
Sold by
Lan Christine
Bought by
Frick Markus
Purchase Details
Closed on
Nov 22, 2006
Sold by
Cavallo Donald L
Bought by
Lan Christine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
6.36%
Mortgage Type
Unknown
Home Values in the Area
Average Home Value in this Area
Agents Specializing in West University, NV
-
Jacqueline Mead
-
Steven Foster
Steven Foster
eXp Realty
(775) 542-4826
78 Total Sales
1 in West University
$755,000 Price
-
Claire Tulak
Claire Tulak
Compass
(702) 707-4675
20 Total Sales
1 in West University
$615,000 Price
-
Allison Meetze
Allison Meetze
Engel & Völkers
(530) 539-1544
23 Total Sales
1 in West University
$150,000 Price
-
Nicole Litherland
Nicole Litherland
RE/MAX Professionals-Carson
(775) 546-9231
69 Total Sales
1 in West University
$619,900 Price
-
Sara Sharkey
Sara Sharkey
RE/MAX Professionals-Sparks
(775) 451-3923
36 Total Sales
5 in West University
$265K - $615K Price Range
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 |
|---|---|---|---|
| $580,000 | First American Title | ||
| Lan Christine | $154,000 | None Listed On Document | |
| Frick Markus | $101,542 | Wfg National Title | |
| Lan Christine | $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 | $493,000 | ||
| Previous Owner | Lan Christine | $221,850 | |
| Previous Owner | Lan Christine | $236,000 | |
| Previous Owner | Claybrook James H | $211,400 |
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 |
|---|---|---|---|---|
| 06/23/2023 06/23/23 | Sold | $580,000 | -3.2% | $238 / Sq Ft |
| 05/12/2023 05/12/23 | Pending | -- | -- | -- |
| 04/29/2023 04/29/23 | Price Changed | $599,000 | -2.6% | $246 / Sq Ft |
| 03/30/2023 03/30/23 | Price Changed | $615,000 | -1.6% | $252 / Sq Ft |
| 03/13/2023 03/13/23 | Price Changed | $625,000 | -1.9% | $256 / Sq Ft |
| 03/06/2023 03/06/23 | For Sale | $637,000 | 0.0% | $261 / Sq Ft |
| 02/21/2023 02/21/23 | Pending | -- | -- | -- |
| 02/06/2023 02/06/23 | Price Changed | $637,000 | -2.0% | $261 / Sq Ft |
| 01/04/2023 01/04/23 | For Sale | $650,000 | +12.1% | $267 / Sq Ft |
| 12/31/2022 12/31/22 | Off Market | $580,000 | -- | -- |
| 12/19/2022 12/19/22 | Price Changed | $650,000 | -3.7% | $267 / Sq Ft |
| 12/01/2022 12/01/22 | Price Changed | $675,000 | -5.6% | $277 / Sq Ft |
| 11/19/2022 11/19/22 | Price Changed | $715,000 | -1.4% | $293 / Sq Ft |
| 10/01/2022 10/01/22 | Price Changed | $725,000 | -9.4% | $297 / Sq Ft |
| 08/02/2022 08/02/22 | For Sale | $800,000 | 0.0% | $328 / Sq Ft |
| 08/02/2022 08/02/22 | Price Changed | $800,000 | +37.9% | $328 / Sq Ft |
| 08/02/2022 08/02/22 | Off Market | $580,000 | -- | -- |
| 06/30/2022 06/30/22 | Price Changed | $850,000 | -8.1% | $349 / Sq Ft |
| 06/09/2022 06/09/22 | Price Changed | $925,000 | +27.6% | $380 / Sq Ft |
| 06/08/2022 06/08/22 | For Sale | $725,000 | -- | $297 / 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 | $1,034 | $78,267 | $54,075 | $24,192 |
| 2025 | $1,344 | $76,716 | $52,710 | $24,006 |
| 2024 | $1,344 | $75,050 | $51,450 | $23,600 |
| 2023 | $1,370 | $73,215 | $51,450 | $21,765 |
| 2022 | $1,269 | $63,315 | $45,500 | $17,815 |
| 2021 | $1,176 | $53,781 | $36,400 | $17,381 |
| 2020 | $1,104 | $52,136 | $35,000 | $17,136 |
| 2019 | $1,050 | $44,934 | $28,700 | $16,234 |
| 2018 | $1,003 | $35,540 | $19,950 | $15,590 |
| 2017 | $962 | $33,322 | $18,025 | $15,297 |
| 2016 | $938 | $30,179 | $15,029 | $15,150 |
| 2015 | $936 | $27,651 | $12,600 | $15,051 |
| 2014 | $908 | $24,682 | $10,395 | $14,287 |
| 2013 | -- | $24,036 | $10,395 | $13,641 |
Source: Public Records
Agents Affiliated with this Home
-
Ellen Escobar
Seller's Agent in 2023
Ellen Escobar
All Star Realty
(775) 770-4582
1 in this area
14 Total Sales
-
SO
Buyer's Agent in 2023
Stephanie Orona
Compass
-
YaYa Jackoby
Buyer Co-Listing Agent in 2023
YaYa Jackoby
Ferrari-Lund Real Estate South
(775) 223-4795
2 in this area
61 Total Sales
Map
Source: Northern Nevada Regional MLS
MLS Number: 220008187
APN: 007-123-02
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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