NOT LISTED FOR SALE

1511 Locust St Unit St Reno, NV 89502

MidTown Neighborhood

Estimated Value: $335,000 - $388,169

2 Beds
1 Bath
832 Sq Ft
$426/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $275,000 $331 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,919/month

56 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • 1 Fireplace
  • Double Pane Windows
  • Laundry Room

About This Home

As of September 2021

Large Price Drop! Cute cottage, close to shopping, freeway, downtown Reno, and midtown. This 2 bedroom, 1 bath home is perfect for a first time home buyer or investor.

Last Agent to Sell the Property

Ivy Cohen

Dickson Realty - Sparks License #S.168046 Listed on: 07/09/2021

Dickson Realty - Sparks

Last Buyer's Agent

Laura Kirsch

Marmot Properties, LLC License #S.176875

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $448

Year Built

  • Built in 1944

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot
  • Property is zoned MF30

Home Design

  • Shingle Roof
  • Composition Roof
  • Asbestos
  • Stick Built Home

Interior Spaces

  • 832 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Family Room
  • Combination Kitchen and Dining Room
  • Mountain Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Gas Oven
  • Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Veterans Elementary School
  • Vaughn Middle School
  • Wooster High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet 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 01351002

Home Details

Home Type

Single Family

Est. Annual Taxes

$448

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Year Built: 1944
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Level
  • Lot Size Acres: 0.1
  • Road Frontage Type: Other
  • Has View?: Yes
  • Security Features: Smoke Detector(s)
  • Association Amenities: None
  • Has H O A?: No
  • Co List Office Mls Id: 1240-o
  • Co List Office Phone: 775-685-8800
  • Directions: Virginia, Plumb, Locust
  • Has Cooling?: Yes
  • Has Fireplace?: Yes
  • Living Area: 832.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Veterans
  • Tax Legal Middle Or Junior School2: Vaughn
  • Tax Legal High School: Wooster
  • Tax Legal Tax Annual Amount: 448.37
  • Tax Legal Zoning4: MF30
  • Association Community Association Y N3: No
  • Building Stories5: 1
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: No
  • Lot Lot Size Acres2: 0.1
  • Lot Lot Size Square Feet2: 4356.0
  • Lot Horse Y N2: No
  • Lot View Y N2: Yes
  • Construction Materials Asbestos: 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
  • Appliances Dryer: Yes
  • Appliances Washer: Yes
  • Security Features Smoke Detector(s): Yes
  • View Mountain(s): Yes
  • Water Heater Gas5: Yes
  • Appliances Gas Range: Yes
  • Appliances Included As Personal Property Gas Oven2: Yes
  • Appliances Included As Personal Property Oven2: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Range, Oven, Refrigerator, Washer
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Interior Amenities: Primary Downstairs
  • Window Features: Double Pane Windows, Vinyl Frames
  • Interior Living Area4: 832.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Interior Features Primary Downstairs: Yes
  • Window Features Double Pane Windows: Yes
  • Window Features Vinyl Frames: Yes
  • Living Room Features Family Room Combination: Yes
  • Interior Fireplaces Total2: 1.0
  • Primary Bedroom Features On Main Floor: Yes
  • Laundry Features Laundry Area: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Dining Room Features Kitchen Combination: Yes
  • Flooring Laminate: Yes
  • Cooling Wall Window Unit(s): Yes
  • Kitchen Features Built- In Single Oven: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Shingle
  • Stories: 1
  • View: Mountain(s)
  • Construction Type: Asbestos
  • Foundation Details: Crawl Space
  • Roof Composition: Yes
  • Roof Shingle: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Has Attached Garage?: No
  • Parking Features: None
  • Parking Information Garage Y N: No
  • Parking Information Carport Y N: No

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: Laundry Area
  • Cooling: Wall/Window Unit(s)
  • Heating: Fireplace(s), Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Cooling Y N3: Yes
  • Utilities Heating Y N3: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Utilities Internet Available: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes
  • Heating Fireplace(s): Yes

Schools

  • Middle Or Junior School: Vaughn

Lot Info

  • Parcel Number: 01351002
  • Fencing: None
  • Lot Size Sq Ft: 4356.0
  • Zoning: MF30

Tax Info

  • Tax Annual Amount: 448.37

MLS Schools

  • Elementary School: Veterans
  • HighSchool: Wooster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2023
Sold by
Champery Real Estate 2015 Llc
Bought by
Warren Jason and Warren Amy
Current Estimated Value
$354,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2023
Sold by
Breckenridge Property Fund 2016 Llc
Bought by
Champery Real Estate 2015 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 9, 2021
Closed on
Sep 14, 2021
Sold by
Vandenburg David L and The David L Vandenburg Trust
Bought by
Breckenridge Property Fund 2016 Llc
Seller's Agent
Ivy Cohen
Dickson Realty - Sparks
Buyer's Agent
Laura Kirsch
Marmot Properties, LLC
List Price
$324,900
Sold Price
$275,000
Premium/Discount to List
-$49,900
-15.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.14%
Original Mortgage
$233,750
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 1, 2020
Sold by
Vandenburg David L
Bought by
Vandenburg David L and The David L Vandenburg Trust

Purchase Details

Closed on
Nov 30, 2015
Sold by
Patterson Sean P
Bought by
Vandenburg David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,375
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2010
Sold by
Aurora Loan Services Llc
Bought by
Patterson Sean P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,600
Interest Rate
4.95%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 23, 2009
Sold by
Oswald Michael S and Oswald Malia E
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
May 22, 2007
Sold by
Kendrick Peter
Bought by
Oswald Michael S and Oswald Malia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.87%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 11, 2004
Sold by
Nielsen Aage and Nielsen Lorraine L
Bought by
Alfson Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.5%
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
Warren Jason $190,000 Stewart Title
Champery Real Estate 2015 Llc $276,000 --
Breckenridge Property Fund 2016 Llc $275,000 Acme Title And Escrow Svcs
Vandenburg David L -- None Available
Vandenburg David L $128,500 Ticor Title Reno Main
Patterson Sean P -- Ticor Title Reno Main
Patterson Sean P $45,000 Ticor Title Reno
Aurora Loan Services Llc $220,776 Service Link
Oswald Michael S $245,000 First Centennial Title Co
Alfson Jennifer $262,500 Ticor Title Of Nevada Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Warren Jason $230,000
Closed Warren Jason $240,000
Previous Owner Breckenridge Property Fund 2016 $233,750
Previous Owner Vandenburg David L $96,375
Previous Owner Patterson Sean P $35,600
Previous Owner Oswald Michael S $196,000
Previous Owner Alfson Jennifer $280,000
Previous Owner Alfson Jennifer $35,000
Previous Owner Alfson Jennifer $210,000
Closed Alfson Jennifer $26,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2021 09/24/21 Sold $275,000 -8.3% $331 / Sq Ft
09/03/2021 09/03/21 Pending -- -- --
08/03/2021 08/03/21 Price Changed $299,900 -6.3% $360 / Sq Ft
07/22/2021 07/22/21 Price Changed $319,900 -1.5% $384 / Sq Ft
07/09/2021 07/09/21 For Sale $324,900 -- $391 / 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 $553 $47,490 $32,552 $14,938
2024 $553 $41,944 $31,388 $10,556
2023 $509 $41,508 $31,721 $9,788
2022 $499 $34,418 $26,434 $7,984
2021 $464 $25,128 $17,357 $7,771
2020 $448 $25,711 $18,088 $7,623
2019 $436 $23,114 $15,827 $7,287
2018 $424 $18,392 $11,405 $6,987
2017 $407 $16,779 $9,909 $6,870
2016 $396 $15,694 $8,811 $6,883
2015 $398 $13,720 $6,983 $6,737
2014 $383 $11,325 $4,988 $6,337
2013 -- $10,018 $3,824 $6,194
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 210009848

Northern Nevada Regional MLS

APN: 013-510-02