NOT LISTED FOR SALE

Estimated Value: $402,923 - $596,000

4 Beds
2 Baths
2,092 Sq Ft
$245/Sq Ft Est. Value

Last Sold July 10, 2024

Last sale price $534,000 $255 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,898/month

101 Days on Market

Highlights

  • Double Pane Windows
  • Property is Fully Fenced
  • Heating System Uses Natural Gas
  • Landscaped
  • Carpet
  • 1-Story Property

About This Home

As of July 2024

"Investment Opportunity: Charming duplex with two 2-bed, 1-bath units, each boasting 1046 sqft, private 1-car garage, and laundry room. Fully occupied with paying tenants, generating steady income. Prime location. Don't miss out!" Unit 1622 has a fireplace. The units were repainted in the past year. All the windows have been replaced with dual vinyl window panes., One unit is rented at $1075 a month, the other unit is rented at $1275 a month. Both are rented month to month. Rents are significantly below market at this time.

Last Agent to Sell the Property

Lisa Williams

Berkshire Hathaway HomeService License #S.188952 Listed on: 02/15/2024

Berkshire Hathaway HomeService

Co-Listed By

Joshua Priou

Berkshire Hathaway HomeService License #S.170710

Last Buyer's Agent

Shirley Larkins

Nevada Real Estate Connections License #B.145480

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,756

Year Built

  • Built in 1974

Lot Details

  • 9,148 Sq Ft Lot
  • Property is Fully Fenced
  • Landscaped

Home Design

  • Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,092 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Carpet
  • Crawl Space
  • Laundry in unit

Kitchen

  • Oven
  • Gas Range
  • Dishwasher
  • Disposal

Parking

  • 4 Parking Spaces
  • Carport

Schools

  • Empire Elementary School
  • Eagle Valley Middle School
  • Carson High School

Utilities

  • Heating System Uses Natural Gas
  • Separate Meters
  • Individual Gas Meter
  • Gas Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units
  • Net Operating Income $23,130

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 00835301

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,756

Year Built

Built in 1974

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Year Built: 1974
  • Property Type: Residential Income
  • Lot Features: Landscaped
  • Lot Size Acres: 0.21
  • Road Frontage Type: Public
  • Co List Office Mls Id: 627501400-o
  • Co List Office Phone: 775-434-0344
  • Co List Office Mls Id: 627501400-o
  • Co List Office Phone: 775-434-0344
  • Directions: N. Edmunds Dr
  • Tax Legal Zoning4: Assesor
  • Building Stories5: 1
  • Lot Features Landscaped: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Appliances Dishwasher: Yes
  • Appliances Disposal: Yes
  • Fencing Full2: Yes
  • Water Heater Gas5: Yes
  • Construction Materials Frame: Yes
  • Tax Legal Elementary School2: Empire
  • Tax Legal High School2: Carson
  • Lot Lot Size Acres4: 0.21
  • Lot Lot Size Square Feet4: 9147.6
  • Appliances Oven: Yes
  • Appliances Gas Range: Yes
  • Foundation Details Crawl Space2: Yes
  • Tax Legal Tax Annual Amount3: 1755.82
  • Incomeand Expenses Net Operating Income: 23130.0
  • Contract Rent Control Y N: No
  • Association Community Number Of Buildings2: 1.0
  • Building Number Of Units Total5: 2.0
  • Special Information Onsite Management Y N: No
  • Meter Information Separate Meters Y N: Yes
  • Meter Information Separate Electric Meters Y N: Yes
  • Meter Information Separate Gas Meters Y N: Yes
  • Meter Information Separate Water Meters Y N: No
  • Meter Information Separate Water Heaters Y N: Yes
  • Meter Information One Primary Electric Meter Y N: No
  • Meter Information One Primary Gas Meter Y N: No
  • Meter Information One Primary Water Meter Y N: No
  • Tax Legal Middleor Junior School: Eagle Valley
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Oven, Dishwasher, Disposal, Gas Range, Refrigerator
  • Flooring: Carpet
  • Number Of Buildings: 1
  • Window Features: Double Pane Windows
  • Flooring Carpet: Yes
  • Window Features Double Pane Windows: Yes
  • Interior Building Area Total3: 2092.0
  • Laundry Features In Unit: Yes

Exterior Features

  • Roof: Composition, Pitched, Shingle
  • Stories: 1
  • Construction Type: Frame, Vinyl Siding
  • Foundation Details: Crawl Space
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes
  • Construction Materials Vinyl Siding: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: Carport
  • Total Parking Spaces: 4.0
  • Parking Features Carport: Yes
  • Parking Information Parking Total4: 4.0

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Water Available
  • Water Source: Public
  • Laundry Features: In Unit
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Water Available: Yes
  • Utilities Internet Available: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes
  • Utilities Heating Y N5: Yes

Schools

  • Middle Or Junior School: Eagle Valley

Lot Info

  • Parcel Number: 00835301
  • Fencing: Full
  • Lot Size Sq Ft: 9147.6
  • Zoning: Assesor

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Scheduled Income: 28200.0
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1755.82

MLS Schools

  • Elementary School: Empire
  • HighSchool: Carson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Jul 9, 2024
Sold by
Village Homes Llc-Series J
Bought by
Arriaga Robert and Arriaga Jessica
Seller's Agent
Lisa Williams
Berkshire Hathaway HomeService
Buyer's Agent
Shirley Larkins
Nevada Real Estate Connections
List Price
$539,000
Sold Price
$534,000
Premium/Discount to List
-$5,000
-0.93%
Views
142
Current Estimated Value
$513,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,519
Avg. Annual Appreciation
-2.25%
Original Mortgage
$551,622
Outstanding Balance
$545,084
Interest Rate
7.03%
Mortgage Type
VA
Estimated Equity
-$31,603

Purchase Details

Closed on
Jun 2, 2017
Sold by
Peterson Matt R and Peterson Paula K
Bought by
Village Homes Llc

Purchase Details

Closed on
Feb 20, 2015
Sold by
Alm Dennis W and Alm Sharon L
Bought by
Peterson Matt R and Peterson Paula K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2004
Sold by
Alm Dennis W and Alm Sharon L
Bought by
Alm Dennis W and Alm Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.57%
Mortgage Type
New Conventional
Source: Public Records
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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
Arriaga Robert $534,000 Stewart Title
Village Homes Llc -- None Available
Peterson Matt R $155,000 First Centennial Reno
Alm Dennis W -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arriaga Robert $551,622
Previous Owner Peterson Matt R $108,500
Previous Owner Alm Dennis W $124,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2024 07/10/24 Sold $534,000 -0.9% $255 / Sq Ft
05/25/2024 05/25/24 Pending -- -- --
02/14/2024 02/14/24 For Sale $539,000 -- $258 / Sq Ft
Source: Northern Nevada Regional MLS

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 $1,852 $51,827 $27,650 $24,177
2024 $1,869 $52,299 $27,650 $24,649
2023 $1,738 $49,903 $27,650 $22,253
2022 $1,610 $45,082 $23,538 $21,544
2021 $1,491 $41,704 $19,688 $22,016
2019 $1,396 $39,719 $16,800 $22,919
2018 $1,332 $38,031 $15,400 $22,631
2017 $1,278 $36,835 $14,000 $22,835
2016 $1,247 $37,053 $13,300 $23,753
2015 $1,244 $36,846 $12,180 $24,666
2014 $1,205 $34,201 $10,588 $23,613
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 240001480

Northern Nevada Regional MLS

APN: 008-353-01

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