Maria Lonato-Arias
Hello Real Estate Center
(775) 414-7216
119 Total Sales
8 in Lemmon Valley
$321K - $450K Price Range
245 Palace Dr Reno, NV 89506
Lemmon Valley AreaEstimated Value: $421,000 - $469,586
4
Beds
1.5
Baths
1,807
Sq Ft
$246/Sq Ft
Est. Value
Highlights
- Mountain View
- No HOA
- Double Pane Windows
- Great Room
- 1 Car Attached Garage
- Refrigerated Cooling System
About This Home
As of May 2024Escape the stresses of city living and discover your dream home today! This fully renovated property is located in the highly desirable Lemon Valley area and offers the perfect blend of modern comfort and tranquility. With ample living space and a spacious yard, this turn-key home provides the ideal sanctuary for those seeking a peaceful retreat. This move-in-ready property boasts a lengthy list of upgrades, including a new roof, new flooring, elegant quartz countertops, sleek shaker kitchen cabinets, new, bathroom vanities, and new appliances, plus many more. The interior and exterior have also been freshly painted, adding to the home's modern charm. It features four bedrooms, one and a half bathrooms, and a one-car garage. Whether you're looking for a cozy family home or a serene retreat from the hustle and bustle of city life, this property has it all. Schedule a viewing now and envision your new life in this stunning Lemon Valley property!
Last Agent to Sell the Property
Coldwell Banker Select RE M License #S.185275 Listed on: 04/09/2024
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,517
Year Built
- Built in 1971
Lot Details
- 10,019 Sq Ft Lot
- Back and Front Yard Fenced
- Level Lot
- Open Lot
- Property is zoned MDR
Parking
- 1 Car Attached Garage
Home Design
- Pitched Roof
- Shingle Roof
- Composition Roof
- Vinyl Siding
- Stick Built Home
Interior Spaces
- 1,807 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Double Pane Windows
- Great Room
- Family Room
- Open Floorplan
- Mountain Views
- Crawl Space
- Fire and Smoke Detector
Kitchen
- Gas Cooktop
- Microwave
- Dishwasher
- No Kitchen Appliances
- Disposal
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry Room
- Laundry in Kitchen
Outdoor Features
- Patio
Schools
- Lemmon Valley Elementary School
- Obrien Middle School
- North Valleys High School
Utilities
- Refrigerated Cooling System
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
Community Details
- No Home Owners Association
- Lemmon Valley Cdp Community
- Lemmon Valley Estates 4 Subdivision
- The community has rules related to covenants, conditions, and restrictions
Listing and Financial Details
- HUD Owned
- Assessor Parcel Number 080-614-03
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
Apr 9, 2024
Closed on
May 24, 2024
Sold by
Bought by
Seller's Agent
Armando Reyes
Coldwell Banker Select RE M
Buyer's Agent
Raquel Cortez
Hello Real Estate Center
List Price
$434,000
Sold Price
$440,000
Premium/Discount to List
$6,000
1.38%
Views
73
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
$5,397
Avg. Annual Appreciation
0.55%
Original Mortgage
$35,000
Outstanding Balance
$34,245
Interest Rate
7.1%
Estimated Equity
$411,152
Purchase Details
Listed on
Jan 11, 2024
Closed on
Jan 25, 2024
Sold by
Bought by
Seller's Agent
Anita Spencer
RE/MAX Professionals-Sparks
Buyer's Agent
Anita Spencer
RE/MAX Professionals-Sparks
List Price
$350,000
Sold Price
$316,000
Premium/Discount to List
-$34,000
-9.71%
Views
82
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
190.91%
Original Mortgage
$318,500
Interest Rate
6.61%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 8, 1996
Sold by
Bought by
Purchase Details
Closed on
Mar 6, 1996
Sold by
Bought by
Purchase Details
Closed on
Jul 7, 1995
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Reno, NV
-
Maria Lonato-Arias
-
Maria McCurdy
Maria McCurdy
BHG Drakulich Realty
(775) 414-7183
67 Total Sales
2 in Lemmon Valley
$270K - $470K Price Range
-
Becky Patterson
Becky Patterson
RE/MAX Gold-Midtown
(775) 636-7898
51 Total Sales
3 in Lemmon Valley
$430K - $550K Price Range
-
Kathy Dean
Kathy Dean
RE/MAX Professionals-Carson
(775) 546-0795
73 Total Sales
1 in Lemmon Valley
$468,000 Price
-
J.P. Menante
J.P. Menante
Dickson Realty - Downtown
(775) 305-7967
95 Total Sales
5 in Lemmon Valley
$430K - $570K Price Range
-
Ann Delfin
Ann Delfin
Fathom Realty
(775) 451-3671
58 Total Sales
7 in Lemmon Valley
$350K - $567K 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 |
|---|---|---|---|
| $440,000 | First American Title | ||
| $316,000 | First American Title | ||
| $110,000 | First American Title Co | ||
| $84,071 | First American Title Co | ||
| -- | -- |
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 | $35,000 | ||
| Open | $412,087 | ||
| Previous Owner | $318,500 | ||
| Previous Owner | $373,500 | ||
| Previous Owner | $295,500 | ||
| Previous Owner | $95,250 | ||
| Previous Owner | $107,570 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 05/29/2024 05/29/24 | Sold | $440,000 | +1.4% | $243 / Sq Ft | |
| 04/16/2024 04/16/24 | Pending | -- | -- | -- | |
| 04/08/2024 04/08/24 | For Sale | $434,000 | +37.3% | $240 / Sq Ft | |
| 02/05/2024 02/05/24 | Sold | $316,000 | -9.7% | $175 / Sq Ft | View Prior Sale |
| 01/16/2024 01/16/24 | Pending | -- | -- | -- | |
| 01/10/2024 01/10/24 | For Sale | $350,000 | -- | $194 / 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 | $737 | $54,812 | $32,153 | $22,659 |
| 2024 | $1,015 | $51,175 | $26,500 | $24,675 |
| 2023 | $1,418 | $49,950 | $25,915 | $24,035 |
| 2022 | $912 | $43,101 | $22,544 | $20,557 |
| 2021 | $1,277 | $36,594 | $15,661 | $20,933 |
| 2020 | $862 | $38,221 | $16,725 | $21,496 |
| 2019 | $828 | $37,088 | $15,827 | $21,261 |
| 2018 | $803 | $31,927 | $10,673 | $21,254 |
| 2017 | $781 | $31,786 | $10,075 | $21,711 |
| 2016 | $760 | $30,403 | $7,781 | $22,622 |
| 2015 | $754 | $29,191 | $6,284 | $22,907 |
| 2014 | $751 | $26,162 | $3,924 | $22,238 |
| 2013 | -- | $21,948 | $2,959 | $18,989 |
Source: Public Records
Agents Affiliated with this Home
-
Armando Reyes
Seller's Agent in 2024
Armando Reyes
Coldwell Banker Select RE M
(775) 901-3715
74 Total Sales
-
Anita Spencer
Seller's Agent in 2024
Anita Spencer
RE/MAX
(775) 232-4628
79 Total Sales
-
Raquel Cortez
Buyer's Agent in 2024
Raquel Cortez
Hello Real Estate Center
(775) 303-8502
55 Total Sales
Map
Source: Northern Nevada Regional MLS
MLS Number: 240003686
APN: 080-614-03
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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