NOT LISTED FOR SALE

Estimated Value: $1,101,000 - $1,212,000

6 Beds
7 Baths
3,338 Sq Ft
$349/Sq Ft Est. Value

Last Sold August 01, 2024

Last sale price $1,155,000 $346 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $6,732/month

137 Days on Market

Highlights

  • Deck
  • Brick or Stone Mason
  • Patio
  • Double Pane Windows
  • Refrigerated Cooling System
  • 3-minute walk to Stewart Park

About This Home

As of August 2024

227 Moran is a 4-unit offering comprised of two standalone duplexes, showcasing a harmonious blend of history and innovation. One duplex is a beautifully renovated structure that retains its charm while providing modern amenities. Adjacent to this, experience the avant-garde allure of the second duplex, a 2019 development fashioned from shipping containers— the first and only project of its kind in the Midtown area., Each unit is turnkey and renovated to meet modern standards of comfort and style, ensuring a revenue stream for any investor. The shipping container construction not only adds an urban edge to the area but speaks to a commitment of sustainable and durable living spaces. All units include their own parking, in-unit laundry, updated landscaping, updated finishes & appliances, Heating & AC! 24 HOUR NOTICE REQUIRED FOR TENANT-OCCUPIED UNITS, 48 HOUR+ PREFERRED.

Last Agent to Sell the Property

Stefano Hristov

Marmot Properties, LLC License #S.178184 Listed on: 02/24/2024

Last Buyer's Agent

Trevor Richardson

Address Income License #B.1002905

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,369

Year Built

  • Built in 1932

Lot Details

  • 7,841 Sq Ft Lot
  • Partially Fenced Property
  • Drip System Landscaping
  • Front and Back Yard Sprinklers

Home Design

  • Flat Roof Shape
  • Brick or Stone Mason
  • Frame Construction
  • Pitched Roof
  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • 3,338 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Concrete
  • Ceramic Tile

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Alley Access
  • Assigned Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Booth Elementary School
  • Vaughn Middle School
  • Wooster High School

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Individual Gas Meter
  • Separate Water Meter
  • Tankless Water Heater
  • Gas Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for all utilities
  • Assessor Parcel Number 01150207

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Vacancy Allowance $2,615
  • Net Operating Income $65,599

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,369

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Year Built: 1932
  • Property Type: Residential Income
  • Lot Features: Landscaped
  • Lot Size Acres: 0.18
  • Road Frontage Type: Public
  • Security Features: Smoke Detector(s)
  • Co List Office Mls Id: 1854-o
  • Co List Office Phone: 775-301-5289
  • Directions: Holcomb Ave
  • Has Cooling?: Yes
  • Tax Legal Zoning4: MU-MC
  • Building Stories5: 2
  • Lot Features Landscaped: Yes
  • Cooling Central Air: Yes
  • Cooling Electric: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Sprinklers Front: Yes
  • Sprinklers Rear: Yes
  • Water Heater Electric5: Yes
  • Appliances Dishwasher: Yes
  • Cooling Refrigerated: Yes
  • Appliances Disposal: Yes
  • Appliances Dryer: Yes
  • Appliances Washer: Yes
  • Outdoor Living Spaces Deck3: Yes
  • Outdoor Living Spaces Patio2: Yes
  • Security Features Smoke Detector(s): Yes
  • Appliances Microwave: Yes
  • Fencing Partial2: Yes
  • Water Heater Gas5: Yes
  • Construction Materials Brick: Yes
  • Construction Materials Frame: Yes
  • Tax Legal Elementary School2: Booth
  • Tax Legal High School2: Wooster
  • Lot Lot Size Acres4: 0.18
  • Lot Lot Size Square Feet4: 7840.8
  • Appliances Oven: Yes
  • Appliances Gas Range: Yes
  • Foundation Details Crawl Space2: Yes
  • Tax Legal Tax Annual Amount3: 4369.24
  • Sprinklers Drip System: Yes
  • Water Heater Tankless: Yes
  • Incomeand Expenses Net Operating Income: 65599.0
  • Contract Rent Control Y N: No
  • Association Community Number Of Buildings2: 2.0
  • Building Number Of Units Total5: 4.0
  • 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: Yes
  • 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: Vaughn
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Oven, Dishwasher, Disposal, Dryer, Gas Range, Microwave, Refrigerator, Washer
  • Flooring: Ceramic Tile, Concrete, Laminate
  • Number Of Buildings: 2
  • Owner Pays: All Utilities
  • Window Features: Double Pane Windows
  • Window Features Double Pane Windows: Yes
  • Laundry Features In Kitchen: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Laminate: Yes
  • Flooring Concrete3: Yes
  • Interior Building Area Total3: 3338.0
  • Laundry Features In Unit: Yes

Exterior Features

  • Roof: Flat, Pitched
  • Stories: 2
  • Construction Type: Brick, Frame, Metal Siding, Vinyl Siding
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Patio, Deck
  • Roof Pitched: Yes
  • Construction Materials Vinyl Siding: Yes
  • Construction Materials Metal Siding: Yes
  • Roof Flat: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: Alley Access, Assigned
  • Total Parking Spaces: 4.0
  • Parking Information Parking Total4: 4.0
  • Parking Features Assigned: Yes
  • Parking Features Alley Access: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cellular Coverage, Water Meter Installed
  • Water Source: Public
  • Laundry Features: In Kitchen, In Unit
  • Cooling: Central Air, Electric, Refrigerated
  • Heating: Electric, Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Utilities Water Meter Installed: Yes
  • Utilities Internet Available: Yes
  • Heating Forced Air: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes
  • Heating Electric4: Yes
  • Utilities Heating Y N5: Yes
  • Utilities Cooling Y N5: Yes
  • Owner Pays All Utilities: Yes

Schools

  • Middle Or Junior School: Vaughn

Lot Info

  • Parcel Number: 01150207
  • Fencing: Partial
  • Lot Size Sq Ft: 7840.8
  • Zoning: MU-MC

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Scheduled Income: 87180.0
  • Number Of Units Total: 4
  • Income And Expenses Vacancy Allowance: 2615
  • Income And Expenses Vacancy Allowance: 2615

Tax Info

  • Tax Annual Amount: 4369.24

MLS Schools

  • Elementary School: Booth
  • HighSchool: Wooster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2024
Closed on
Jul 11, 2024
Sold by
Rmp 36 Llc
Bought by
Fetch Properties Llc
Seller's Agent
Stefano Hristov
Marmot Properties, LLC
Buyer's Agent
Trevor Richardson
Address Income
List Price
$1,300,000
Sold Price
$1,155,000
Premium/Discount to List
-$145,000
-11.15%
Views
109
Current Estimated Value
$1,163,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,441
Avg. Annual Appreciation
0.69%

Purchase Details

Closed on
Dec 23, 2020
Sold by
Marnot Reof 3 Borrower Llc
Bought by
Rmp 36 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,200,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 27, 2017
Sold by
Marmot Reof 3 Equity Owner Llc
Bought by
Marmot Reof 3 Borrower Llc

Purchase Details

Closed on
Apr 6, 2017
Sold by
Marmot Reof 3 Llc
Bought by
Marmot Reof 3 Equity Owner Llc

Purchase Details

Closed on
Jan 20, 2015
Sold by
Midtown Rentals Llc
Bought by
Marmot Reof 3 Llc

Purchase Details

Closed on
May 25, 2012
Sold by
Amr Properties Ltd
Bought by
Marmot Reof I Llc

Purchase Details

Closed on
May 1, 2003
Sold by
Alonso Alfredo and Alonso Maria
Bought by
Amr Properties Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.72%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 5, 1994
Sold by
Hud
Bought by
Robison James E and Robison Gina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
8.62%

Purchase Details

Closed on
Jun 3, 1994
Sold by
Bancplus Mtg Corp
Bought by
Hud

Purchase Details

Closed on
May 31, 1994
Sold by
T D Service Company
Bought by
Bancplus Mtg Corp
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
Fetch Properties Llc $1,155,000 First American Title
Rmp 36 Llc $1,756,097 First Centennial Reno
Marmot Reof 3 Borrower Llc -- Os National Llc
Marmot Reof 3 Equity Owner Llc -- None Available
Marmot Reof 3 Llc $180,000 First Centennial Reno
Marmot Reof I Llc $1,755,000 Ticor Title Reno Commercial
Amr Properties Ltd $115,000 Western Title Incorporated
Robison James E -- Stewart Title
Hud -- --
Bancplus Mtg Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rmp 36 Llc $3,200,000
Previous Owner Marmot Reof I Llc $2,100,000
Previous Owner Amr Properties Ltd $115,000
Previous Owner Robison James E $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2024 08/01/24 Sold $1,155,000 -11.2% $346 / Sq Ft
07/09/2024 07/09/24 Pending -- -- --
05/06/2024 05/06/24 For Sale $1,300,000 0.0% $389 / Sq Ft
05/05/2024 05/05/24 Pending -- -- --
03/20/2024 03/20/24 For Sale $1,300,000 0.0% $389 / Sq Ft
03/09/2024 03/09/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $1,300,000 -- $389 / 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 $4,719 $172,302 $61,513 $110,790
2024 $4,719 $173,600 $59,850 $113,750
2023 $3,015 $162,711 $62,543 $100,168
2022 $4,050 $134,091 $49,044 $85,047
2021 $3,753 $122,478 $38,238 $84,240
2020 $3,518 $118,661 $34,048 $84,613
2019 $2,644 $92,016 $32,519 $59,497
2018 $970 $30,122 $15,628 $14,494
2017 $909 $37,456 $23,441 $14,015
2016 $785 $31,429 $20,549 $10,880
2015 $785 $25,786 $14,863 $10,923
2014 $761 $23,453 $12,968 $10,485
2013 -- $17,839 $9,975 $7,864
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northern Nevada Regional MLS

MLS Number: 240001849

Northern Nevada Regional MLS

APN: 011-502-07