NOT LISTED FOR SALE

305 Palace Dr Reno, NV 89506

Estimated Value: $435,683

4 Beds
2.5 Baths
1,561 Sq Ft
$279/Sq Ft Est. Value

Last Sold September 12, 2023

Last sale price $409,900 $263 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,464/month

57 Days on Market

Highlights

  • Barn
  • Mountain View
  • 1 Car Attached Garage
  • RV Access or Parking
  • No HOA
  • Double Pane Windows

About This Home

As of September 2023

BACK ON THE MARKET! No fault of Seller or Home. No inspections have been completed. Call listing agent for details. Charming one story with mountain views and backs to open acreage. Huge .41 acre lot. There is a huge concrete pad and an out building. The property is fenced and has some cross fencing for the toys or a great dog run. The interior of the home has new laminate flooring and some fresh paint. There are newer vanities in the bathrooms. The home has 4 bedrooms and 2.5 baths., The 1/2 bath is attached to a secondary bedroom. The primary bedroom is huge and has a door to the rear yard. The home has lots of storage. The laundry room is really big. The one car garage is oversized with room for a car and more! Home is vacant and easy to show.

Last Agent to Sell the Property

Janet Oliver

TrueNest Properties License #S.189768 Listed on: 06/12/2023

Last Buyer's Agent

Ben Florsheim

Coldwell Banker Select Mt Rose License #BS.145031

Coldwell Banker Select Mt Rose

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $937

Year Built

  • Built in 1971

Lot Details

  • 0.41 Acre Lot
  • Back Yard Fenced
  • Landscaped
  • Level Lot
  • Open Lot
  • Property is zoned MDS

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • RV Access or Parking

Home Design

  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Metal Siding
  • Stick Built Home

Interior Spaces

  • 1,561 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Family Room
  • Combination Kitchen and Dining Room
  • Mountain Views
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Cabinets
  • Shelves in Laundry Area

Home Security

  • Smart Thermostat
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Storage Shed
  • Outbuilding

Schools

  • Lemmon Valley Elementary School
  • Obrien Middle School
  • North Valleys High School

Farming

  • Barn

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 08056104

Home Details

Home Type

Single Family

Est. Annual Taxes

$937

Year Built

Built in 1971

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1971
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Landscaped, Level, Open Lot, Sloped Up
  • Lot Size Acres: 0.41
  • 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: 2903-o
  • Co List Office Phone: 775-544-1169
  • Directions: Lemmon Valley Dr to Palace Dr home is on the left
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Living Area: 1561.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Lemmon Valley
  • Tax Legal Middle Or Junior School2: OBrien
  • Tax Legal High School: North Valleys
  • Tax Legal Tax Annual Amount: 937.4
  • Tax Legal Zoning4: MDS
  • Association Community Association Y N3: No
  • Building Stories5: 1
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 0.41
  • Lot Lot Size Square Feet2: 17859.6
  • Lot Horse Y N2: No
  • Lot View Y N2: Yes
  • Fencing Back Yard: Yes
  • Lot Features Landscaped: Yes
  • Cooling Central Air: Yes
  • Foundation Details Crawl Space: Yes
  • Lot Features Level: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Cooling Refrigerated: Yes
  • Appliances Disposal: Yes
  • Appliances Dryer: Yes
  • Appliances Washer: Yes
  • Other Equipment Satellite Dish: Yes
  • Other Structures Barn(s): Yes
  • Outdoor Living Spaces Patio2: Yes
  • Personal Property Included Storage Shed: Yes
  • Security Features Smoke Detector(s): Yes
  • View Mountain(s): Yes
  • Appliances Microwave: Yes
  • Lot Features Sloped Up: Yes
  • Water Heater Gas5: Yes
  • Lot Features Open Lot: Yes
  • Appliances Electric Range: Yes
  • Appliances Electric Oven: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Microwave, Washer
  • Flooring: Ceramic Tile, Laminate
  • Other Equipment: Satellite Dish
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Ceiling Fan(s), Primary Downstairs, Smart Thermostat, Walk-In Closet(s)
  • Window Features: Blinds, Double Pane Windows
  • Interior Bathrooms Half: 1
  • Interior Living Area4: 1561.0
  • Interior Fireplace Y N: No
  • Interior Features Primary Downstairs: Yes
  • Window Features Double Pane Windows: Yes
  • Window Features Blinds: Yes
  • Living Room Features Family Room Combination: Yes
  • Primary Bedroom Features On Main Floor: Yes
  • Primary Bedroom Features Shower Stall: Yes
  • Flooring Ceramic Tile: Yes
  • Laundry Features Cabinets2: Yes
  • Laundry Features Laundry Area: Yes
  • Laundry Features Laundry Room: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Dining Room Features Kitchen Combination: Yes
  • Laundry Features Shelves: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Kitchen Features Built- In Microwave: Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes
  • Flooring Laminate: Yes
  • Interior Features Ceiling Fan(s)2: Yes
  • Living Room Features Ceiling Fan(s)3: Yes
  • Other Rooms Bedroom Office Main Floor: Yes
  • Interior Features Smart Thermostat: Yes

Exterior Features

  • Roof: Composition, Pitched, Shingle
  • Stories: 1
  • View: Mountain(s)
  • Construction Type: Metal Siding
  • Foundation Details: Crawl Space
  • Other Structures: Barn(s), Outbuilding
  • Patio And Porch Features: Patio
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes
  • Other Structures Outbuilding: Yes
  • Construction Materials Metal Siding: Yes

Garage/Parking

  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Garage Spaces: 1.0
  • Has Attached Garage?: Yes
  • Parking Features: Attached, Garage Door Opener, RV Access/Parking
  • Total Parking Spaces: 1.0
  • Parking Information Garage Y N: Yes
  • Parking Information Garage Spaces: 1.0
  • Parking Information Carport Y N: No
  • Parking Information Parking Total: 1.0
  • Parking Features Attached: Yes
  • Parking Features R V Access Parking: Yes
  • Parking Features Garage Door Opener: 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: Cabinets, Laundry Area, Laundry Room, Shelves
  • Cooling: Central Air, Refrigerated
  • Heating: Forced Air, 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 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

Schools

  • Middle Or Junior School: OBrien

Lot Info

  • Parcel Number: 08056104
  • Fencing: Back Yard
  • Lot Size Sq Ft: 17859.6
  • Zoning: MDS

Tax Info

  • Tax Annual Amount: 937.4

MLS Schools

  • Elementary School: Lemmon Valley
  • HighSchool: North Valleys

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2023
Closed on
Sep 9, 2023
Sold by
Blanco Fred
Bought by
Elliott Joshua Timothy and Link Crystal Dawn
Seller's Agent
Janet Oliver
TrueNest Properties
Buyer's Agent
Ben Florsheim
Coldwell Banker Select Mt Rose
List Price
$409,900
Sold Price
$409,900
Views
360
Current Estimated Value
$435,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,783
Avg. Annual Appreciation
2.91%
Original Mortgage
$402,475
Outstanding Balance
$394,474
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$39,120

Purchase Details

Listed on
Jan 31, 2014
Closed on
Feb 24, 2014
Sold by
Federal National Mortgage Association
Bought by
Blanco Fred
Seller's Agent
Daniel McCreary
RE/MAX Traditions
Buyer's Agent
Mark Nash
CalNeva Realty
List Price
$115,000
Sold Price
$130,000
Premium/Discount to List
$15,000
13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.78%
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
Elliott Joshua Timothy $410,000 First American Title
Blanco Fred $130,000 First American Title Reno
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elliott Joshua Timothy $21,443
Open Elliott Joshua Timothy $402,475
Previous Owner Hussla Joseph H $420,000
Previous Owner Hussla Joseph H $93,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2023 09/12/23 Sold $409,900 0.0% $263 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
07/27/2023 07/27/23 For Sale $409,900 0.0% $263 / Sq Ft
07/20/2023 07/20/23 Pending -- -- --
07/03/2023 07/03/23 For Sale $409,900 0.0% $263 / Sq Ft
06/30/2023 06/30/23 Pending -- -- --
06/12/2023 06/12/23 For Sale $409,900 +215.3% $263 / Sq Ft
02/27/2014 02/27/14 Sold $130,000 +13.0% $83 / Sq Ft
02/02/2014 02/02/14 Pending -- -- --
01/30/2014 01/30/14 For Sale $115,000 -- $74 / 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 $1,093 $57,093 $33,145 $23,948
2024 $1,093 $52,690 $27,895 $24,795
2023 $1,012 $51,269 $27,279 $23,990
2022 $937 $44,207 $23,730 $20,477
2021 $940 $37,304 $16,485 $20,819
2020 $883 $39,022 $17,605 $21,417
2019 $841 $37,807 $16,660 $21,147
2018 $803 $32,405 $11,235 $21,170
2017 $770 $32,268 $10,605 $21,663
2016 $750 $30,724 $8,190 $22,534
2015 $179 $27,942 $6,615 $21,327
2014 $715 $24,913 $4,130 $20,783
2013 -- $20,876 $3,115 $17,761
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Janet Oliver

    TrueNest Properties

  • Ben Florsheim

    Buyer's Agent in 2023

    Ben Florsheim

    Coldwell Banker Select Mt Rose

    (775) 618-0455

    2 in this area

    11 Total Sales

    Ben Florsheim
    Section Image

  • B

    Buyer's Agent in 2023

    Benjamin Florsheim

    Haute Properties NV

  • Daniel McCreary

    Seller's Agent in 2014

    Daniel McCreary

    RE/MAX

    (775) 745-9106

    77 Total Sales

    Daniel McCreary
    Section Image
  • Mark Nash

    Buyer's Agent in 2014

    Mark Nash

    CalNeva Realty

    (775) 722-0264

    1 in this area

    22 Total Sales

    Mark Nash
    Section Image
See All Agents

Map

Source: Northern Nevada Regional MLS

MLS Number: 230006382

Northern Nevada Regional MLS

APN: 080-561-04

Nevada Washoe County Reno 89506

305 Palace Dr, Reno, NV

This home is located at 305 Palace Dr, Reno, NV 89506 since 12 June 2023 and is currently priced at $435,683, approximately $279 per square foot. This property was built in 1971. 305 Palace Dr is a home located in Washoe County with nearby schools including Lemmon Valley Elementary School, William O'Brien Middle School, and North Valleys High School.

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.

Northern Nevada Regional MLS 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. © 2025 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved.

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