NOT LISTED FOR SALE

1359 Faland Way Reno, NV 89503

West University Neighborhood

Estimated Value: $445,000 - $481,000

2 Beds
1 Bath
762 Sq Ft
$603/Sq Ft Est. Value

Highlights

  • No HOA
  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Reno High School Rated A
  • Tile Flooring
  • Ceiling Fan

About This Home

As of March 2023

Quaint 2 bedroom, 1 bathroom cottage in Reno. Easy access to Nevada campus and Rancho San Raphael. Two driveway parking spots, functional garage if desired. Sewer and Garbage Utilities Included. Is not pet friendly. No smoking. Currently Available. $1,600/month rent. $1,600 security deposit required.

Last Agent to Rent the Property

Kimberly Drakulich

BHG Drakulich Realty License #B.34169 Listed on: 03/03/2023

BHG Drakulich Realty

Last Renter's Agent

Kimberly Drakulich

BHG Drakulich Realty License #B.34169 Listed on: 03/03/2023

BHG Drakulich Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $840

Year Built

  • Built in 1941

Lot Details

  • 6,098 Sq Ft Lot
  • Back Yard Fenced

Parking

  • Assigned Parking

Home Design

  • Pitched Roof
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 762 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Unfinished Basement

Kitchen

  • Built-In Oven
  • Electric Range

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

  • Smart Thermostat
  • Fire and Smoke Detector

Schools

  • Elmcrest Elementary School
  • Clayton Middle School
  • Reno High School

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Lease Option
  • The owner pays for trash collection, sewer
  • Assessor Parcel Number 007-101-04

Home Details

Home Type

Single Family

Est. Annual Taxes

$840

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Year Built: 1941
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Horses: No
  • Lot Size Acres: 0.14
  • Road Frontage Type: Other
  • Security Features: Smoke Detector(s)
  • Association Amenities: None
  • Has H O A?: No
  • Co List Office Mls Id: 646-o
  • Co List Office Phone: 775-685-8585
  • Directions: College Drive
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Living Area: 762.0
  • Building Stories5: 2
  • Fencing Back Yard: Yes
  • Cooling Central Air: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Cooling Refrigerated: Yes
  • Fencing Full2: Yes
  • Other Rooms Unfinished Basement: Yes
  • Tax Legal Elementary School2: Elmcrest
  • Tax Legal Middle Or Junior School5: Clayton
  • Tax Legal High School2: Reno
  • Association Community Association Y N4: No
  • Lot Lot Size Acres4: 0.14
  • Listing Terms Lease Option: Yes
  • Lot Lot Size Square Feet4: 6098.4
  • Lot Horses Okay Y N2: No
  • Appliances Electric Range: Yes
  • Pet Information Pets Allowed Y N: Yes
  • Depositsand Fee Amounts Pet Fee Amount: 1600.0
  • Appliances Oven: Yes
  • Security Features Smoke Detector(s)2: Yes
  • Owner Pays Sewer2: Yes
  • Owner Pays Trash Collection: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Oven, Electric Range
  • Flooring: Tile, Vinyl
  • Owner Pays: Trash Collection, Sewer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Ceiling Fan(s), Smart Thermostat
  • Window Features: Blinds
  • Interior Features Ceiling Fan(s)2: Yes
  • Living Room Features Ceiling Fan(s)3: Yes
  • Flooring Tile: Yes
  • Flooring Vinyl: Yes
  • Interior Living Area5: 762.0
  • Interior Fireplace Y N3: No
  • Interior Features Personal Property Included Blinds2: Yes
  • Kitchen Features Built- In Single Oven: Yes
  • Interior Features Smart Thermostat: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Pitched, Shingle
  • Stories: 2
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Has Attached Garage?: No
  • Parking Features: Assigned, None
  • Parking Information Garage Y N3: No
  • Parking Information Carport Y N3: No
  • Parking Features Assigned: Yes

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available, Cellular Coverage, Water Meter Installed
  • Water Source: Public
  • Cooling: Central Air, Refrigerated
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Utilities Water Meter Installed: Yes
  • Heating Forced Air: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes
  • Utilities Heating Y N5: Yes

Schools

  • Middle Or Junior School: Clayton

Lot Info

  • Parcel Number: 007-101-04
  • Fencing: Back Yard, Full
  • Lot Size Sq Ft: 6098.4

MLS Schools

  • Elementary School: Elmcrest
  • HighSchool: Reno

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2013
Sold by
Drakulich Bryan J and Drakulich Kimberly E
Bought by
Drakulich Bryan J and Drakulich Kimberly E
Current Estimated Value
$459,729

Purchase Details

Closed on
Jun 22, 2005
Sold by
Drakulich Bryan J and Drakulich Kimberly E
Bought by
Drakulich Bryan J and Drakulich Kimberly E

Purchase Details

Closed on
Apr 8, 2005
Sold by
Hammersmith Gary and Hammersmith Deborah
Bought by
Hammersmith Gary

Purchase Details

Closed on
Sep 17, 2003
Sold by
Hammersmith Deborah
Bought by
Hammersmith Gary and Hammersmith Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 18, 2003
Sold by
Hammersmith Gary G
Bought by
Drakulich Bryan J and Drakulich Kimberly E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.6%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Drakulich Bryan J -- None Available
Drakulich Bryan J -- --
Drakulich Bryan J -- --
Hammersmith Gary -- --
Hammersmith Gary $100,000 First Centennial Title Co Of
Drakulich Bryan J $125,000 First Centennial Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Drakulich Bryan J $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2023 03/07/23 Rented $1,600 0.0% --
03/02/2023 03/02/23 For Rent $1,600 -- --
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 $840 $58,340 $41,545 $16,795
2024 $840 $57,768 $41,195 $16,573
2023 $779 $55,209 $40,005 $15,204
2022 $722 $43,922 $31,500 $12,422
2021 $723 $33,622 $21,490 $12,132
2020 $679 $32,862 $21,000 $11,862
2019 $660 $32,163 $21,000 $11,163
2018 $640 $25,604 $14,875 $10,729
2017 $622 $23,243 $12,705 $10,538
2016 $606 $23,038 $12,600 $10,438
2015 $1,594 $19,814 $9,450 $10,364
2014 $586 $17,803 $7,980 $9,823
2013 -- $15,460 $5,880 $9,580
Source: Public Records

Agents Affiliated with this Home

  • K

    Landlord's Agent in 2023

    Kimberly Drakulich

    BHG Drakulich Realty

    (775) 772-7348

    Kimberly Drakulich
    Section Image
See All Agents

Map

Source: Northern Nevada Regional MLS

MLS Number: 230001808

Northern Nevada Regional MLS

APN: 007-101-04

Nevada Washoe County Reno 89503 West University

1359 Faland Way, Reno, NV

This home is located at 1359 Faland Way, Reno, NV 89503 since 03 March 2023 and is currently priced at $459,729. This property was built in 1941. 1359 Faland Way is a home located in Washoe County with nearby schools including Elmcrest Elementary School, Archie Clayton Pre-AP Academy, and Reno High School.

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.

Northern Nevada Regional MLS 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. © 2025 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved.

Nearby Homes