NOT LISTED FOR SALE

2950 Salem Place Unit 1 Reno, NV 89509

Virginia Lake Neighborhood

Estimated Value: $338,000 - $858,000

2 Beds
1 Bath
800 Sq Ft
$740/Sq Ft Est. Value

Highlights

  • No HOA
  • Laundry Room
  • Open Floorplan
  • Darrell C Swope Middle School Rated A-
  • Forced Air Heating System
  • Wood Siding

About This Home

As of October 2016

2 bedroom, 1 bath, 800 SF, close to schools, washer/dryer on-site, window A/C, no pets, no Section 8, roommates OK, close to elementary school, shopping etc.

Last Agent to Rent the Property

Kevin Sigstad

RE/MAX Premier Properties License #B.63841 Listed on: 08/12/2016

RE/MAX Premier Properties

Last Renter's Agent

Kevin Sigstad

RE/MAX Premier Properties License #B.63841 Listed on: 08/12/2016

RE/MAX Premier Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $949

Year Built

  • Built in 1971

Lot Details

  • 436 Sq Ft Lot
  • Lot Sloped Down

Parking

  • Assigned Parking

Home Design

  • Flat Roof Shape
  • Wood Siding

Interior Spaces

  • 800 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Open Floorplan
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Built-In Oven
  • Electric Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Location

  • Ground Level

Schools

  • Anderson Elementary School
  • Swope Middle School
  • Reno High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Lease Option
  • The owner pays for trash collection, sewer

Home Details

Home Type

Single Family

Est. Annual Taxes

$949

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Year Built: 1971
  • Property Type: Residential Lease
  • Horses: No
  • Lot Features: Sloped Down
  • Lot Size Acres: 0.01
  • Road Frontage Type: Other
  • Security Features: Smoke Detector(s)
  • Association Amenities: None
  • Has H O A?: No
  • Co List Office Mls Id: 628-o
  • Co List Office Phone: 775-828-3700
  • Directions: Between Moana and Plumb
  • Has Fireplace?: No
  • Living Area: 800.0
  • Building Stories5: 2
  • Lot Features Sloped Down: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Water Heater Gas5: Yes
  • Tax Legal Elementary School2: Anderson
  • Tax Legal Middle Or Junior School5: Swope
  • Tax Legal High School2: Reno
  • Association Community Association Y N4: No
  • Lot Lot Size Acres4: 0.01
  • Listing Terms Lease Option: Yes
  • Lot Lot Size Square Feet4: 435.6
  • Lot Horses Okay Y N2: No
  • Appliances Electric Range: Yes
  • Appliances Oven: Yes
  • Security Features Smoke Detector(s)2: Yes
  • Foundation Details Crawl Space2: Yes
  • Owner Pays Sewer2: Yes
  • Owner Pays Trash Collection: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Refrigerator, Oven, Electric Range
  • Flooring: Carpet, Vinyl
  • Owner Pays: Trash Collection, Sewer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Window Features: Blinds, Single Pane Windows
  • Flooring Carpet: Yes
  • Unit Level Ground Floor: Yes
  • Primary Bedroom Features Tub Shower Combination: Yes
  • Laundry Features Laundry Area: Yes
  • Dining Room Features Kitchen Combination: Yes
  • Flooring Vinyl: Yes
  • Interior Living Area5: 800.0
  • Interior Fireplace Y N3: No
  • Interior Features Personal Property Included Blinds2: Yes
  • Living Room Features Dining Room Combination: Yes
  • Kitchen Features Built- In Single Oven: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Flat
  • Stories: 2
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space
  • Construction Materials Wood Siding: Yes
  • Roof Flat: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Has Attached Garage?: No
  • Parking Features: Assigned
  • Parking Information Garage Y N3: No
  • Parking Information Carport Y N3: No
  • Parking Features Assigned: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: Laundry Area
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • 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
  • Heating Forced Air: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes
  • Utilities Heating Y N5: Yes

Schools

  • Middle Or Junior School: Swope

Lot Info

  • Fencing: None
  • Lot Size Sq Ft: 435.6

MLS Schools

  • Elementary School: Anderson
  • HighSchool: Reno

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2021
Sold by
Chien Zhong Wei and Chan Sai Ching
Bought by
Feng Shui Holdings Llc 441 Linden Series
Current Estimated Value
$591,836

Purchase Details

Closed on
Aug 10, 2005
Sold by
Schmidt Lynn A
Bought by
Chien Zhong and Chan Saiching

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.64%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 28, 2002
Sold by
Schmidt Stanley F
Bought by
Schmidt Lynn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,713
Interest Rate
6.37%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 6, 2002
Sold by
Cooper Ronald E and Cooper Christina E I
Bought by
Rae Kelly and Haberman Pamela A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.94%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 31, 1998
Sold by
Green Michael
Bought by
Cooper Ronald E and Cooper Christina E I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.88%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 20, 1993
Sold by
Montano Gilbert D and Montano Esther M
Bought by
Green Michael
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
Feng Shui Holdings Llc 441 Linden Series -- None Available
Feng Shui Holdings Llc Salem Place Serie -- None Available
Chien Zhong Wei -- None Available
Chien Zhong $240,000 Stewart Title Of Northern Nv
Schmidt Lynn A -- First American Title
Schmidt Lynn A $705,000 First American Title
Rae Kelly $560,000 First American Title
Cooper Ronald E $465,000 Founders Title Co
Green Michael -- Founders Title Co
Green Michael -- Founders Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chien Zhong W $74,000
Previous Owner Chien Zhong $150,000
Previous Owner Schmidt Lynn A $180,713
Previous Owner Rae Kelly $450,000
Previous Owner Cooper Ronald E $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2016 10/17/16 Rented $650 -10.3% --
10/17/2016 10/17/16 Under Contract -- -- --
08/12/2016 08/12/16 For Rent $725 +38.1% --
07/13/2012 07/13/12 Rented $525 0.0% --
07/13/2012 07/13/12 Under Contract -- -- --
06/06/2012 06/06/12 For Rent $525 -- --
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 $949 $40,056 $17,640 $22,416
2024 $949 $38,658 $16,100 $22,558
2023 $923 $34,716 $14,875 $19,841
2022 $898 $28,891 $12,250 $16,641
2021 $872 $25,894 $9,800 $16,094
2020 $844 $26,701 $9,800 $16,901
2019 $819 $26,292 $9,100 $17,192
2018 $793 $21,351 $4,025 $17,326
2017 $809 $21,747 $3,675 $18,072
2016 $836 $22,484 $3,675 $18,809
2015 $221 $22,751 $3,395 $19,356
2014 $833 $22,340 $3,395 $18,945
2013 -- $22,382 $3,395 $18,987
Source: Public Records

Agents Affiliated with this Home

  • K

    Landlord's Agent in 2016

    Kevin Sigstad

    RE/MAX

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Map

Source: Northern Nevada Regional MLS

MLS Number: 160012149

Northern Nevada Regional MLS

APN: 019-420-01

Nevada Washoe County Reno 89509 Virginia Lake

2950 Salem Place Unit 1, Reno, NV

This home is located at 2950 Salem Place Unit 1, Reno, NV 89509 since 12 August 2016 and is currently priced at $591,836. This property was built in 1971. 2950 Salem Place Unit 1 is a home located in Washoe County with nearby schools including Anderson Elementary School, Darrell C Swope Middle School, and Reno High School.

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