NOT LISTED FOR SALE

Estimated Value: $595,717

2 Beds
1 Bath
2,266 Sq Ft
$263/Sq Ft Est. Value

Last Sold April 03, 2023

Last sale price $555,000 $245 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,413/month

139 Days on Market

Highlights

  • Refrigerated and Evaporative Cooling System
  • Landscaped
  • Asbestos
  • Shed
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of April 2023

Rare opportunity to own the Victorian Lou Meder home, built circa 1875 and on the Carson City Historic Record. Zoned Residential Office. Great office location, 1378 SF with gorgeous turn of the century inlaid wood and coffered ceilings. Italian style covered porches front and back. Laundry room is located in small unfinished basement with outside entry. PLUS two income producing units with long term tenants in the rear fenced yard. MLS 220014672 adjacent property on Division for sale., One bedroom-1 bath and 1 studio built in 1957. Lush landscaping and mature trees surround the homes for cooling shade in the summer . Walking distance to the Capitol, historic US Mint, Nugget Casino and loads of eclectic shops. Tenants have been long term and would love to stay. Property sold in current condition. DO NOT DISTURB TENANTS! Corner Lot adjacent to this property at 311-315 W Telegraph for sale. MLS#22001467 Agents: Please see Private Remarks

Last Agent to Sell the Property

Joloyce Egbert-Palmer

Realty One Group Eminence License #S.169631 Listed on: 10/05/2022

Realty One Group Eminence

Last Buyer's Agent

Joloyce Egbert-Palmer

Realty One Group Eminence License #S.169631 Listed on: 10/05/2022

Realty One Group Eminence

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,551

Year Built

  • Built in 1875

Lot Details

  • 8,712 Sq Ft Lot
  • Back Yard Fenced
  • Landscaped
  • Manual Sprinklers System

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Asbestos

Interior Spaces

  • 2,266 Sq Ft Home
  • 1-Story Property
  • Drapes & Rods
  • Blinds
  • Crawl Space
  • Laundry in unit

Kitchen

  • Oven
  • Gas Range

Parking

  • 3 Parking Spaces
  • Carport

Outdoor Features

  • Shed

Schools

  • Bordewich-Bray Elementary School
  • Carson Middle School
  • Carson High School

Utilities

  • Refrigerated and Evaporative Cooling System
  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Individual Gas Meter
  • 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 00322703

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • The community has rules related to covenants, conditions, and restrictions

Building Details

  • Net Operating Income $16,434

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,551

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Year Built: 1875
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Lot Features: Landscaped
  • Lot Size Acres: 0.2
  • Road Frontage Type: Public
  • Co List Office Mls Id: 2310-o
  • Co List Office Phone: 775-683-3360
  • Directions: N Carson/ West Telegraph
  • Has Cooling?: Yes
  • Tax Legal Zoning4: Residential Office
  • Building Stories5: 1
  • Cooling Evaporative Cooling: Yes
  • Fencing Back Yard: Yes
  • Lot Features Landscaped: Yes
  • Construction Materials Asbestos: Yes
  • Cooling Central Air: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Cooling Refrigerated: Yes
  • Water Heater Gas5: Yes
  • Construction Materials Frame: Yes
  • Sprinklers Manual: Yes
  • Tax Legal Elementary School2: Bordewich-Bray
  • Tax Legal High School2: Carson
  • Lot Lot Size Acres4: 0.2
  • Lot Lot Size Square Feet4: 8712.0
  • Appliances Oven: Yes
  • Appliances Gas Range: Yes
  • Foundation Details Crawl Space2: Yes
  • Foundation Details Stone2: Yes
  • Tax Legal Tax Annual Amount3: 1551.18
  • Incomeand Expenses Net Operating Income: 16434.0
  • Contract Rent Control Y N: No
  • Association Community Number Of Buildings2: 2.0
  • Building Number Of Units Total5: 3.0
  • 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: Carson
  • Other Structures Shed(s): Yes
  • Other Structures Storage4: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Oven, Gas Range, Refrigerator
  • Flooring: Varies
  • Number Of Buildings: 2
  • Other Equipment: Varies By Unit
  • Owner Pays: All Utilities
  • Window Features: Blinds, Drapes, Single Pane Windows
  • Window Features Blinds: Yes
  • Window Features Drapes: Yes
  • Interior Building Area Total3: 2266.0
  • Laundry Features In Unit: Yes

Exterior Features

  • Roof: Composition, Pitched, Shingle
  • Stories: 1
  • Construction Type: Asbestos, Frame, Wood Siding
  • Foundation Details: Stone, Crawl Space
  • Other Structures: Shed(s), Storage
  • Construction Materials Wood Siding: Yes
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: Carport
  • Total Parking Spaces: 3.0
  • Parking Features Carport: Yes
  • Parking Information Parking Total4: 3.0

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 Unit, Varies By Unit
  • Cooling: Central Air, Evaporative Cooling, Refrigerated, Varies By Unit
  • Heating: Forced Air, Natural Gas, Varies By Unit
  • 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
  • Utilities Heating Y N5: Yes
  • Utilities Cooling Y N5: Yes
  • Owner Pays All Utilities: Yes

Schools

  • Middle Or Junior School: Carson

Lot Info

  • Parcel Number: 00322703
  • Fencing: Back Yard
  • Lot Size Sq Ft: 8712.0
  • Zoning: Residential Office

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Scheduled Income: 31200.0
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1551.18

MLS Schools

  • Elementary School: Bordewich-Bray
  • HighSchool: Carson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2022
Closed on
Mar 8, 2023
Sold by
Williams Family Revocable Trust
Bought by
Houze Julie E and Sullivan Jeffrey K
Seller's Agent
Joloyce Egbert-Palmer
Realty One Group Eminence
Buyer's Agent
Joloyce Egbert-Palmer
Realty One Group Eminence
List Price
$620,000
Sold Price
$555,000
Premium/Discount to List
-$65,000
-10.48%
Views
217
Current Estimated Value
$595,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,717
Avg. Annual Appreciation
3.59%
Original Mortgage
$201,000
Outstanding Balance
$195,986
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$407,018

Purchase Details

Closed on
Mar 31, 2017
Sold by
Williams James T and Williams T J
Bought by
Williams James T and Williams Family Revocable Trust
Source: Public Records

Range of Values:

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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
Houze Julie E $555,000 Stewart Title
Williams James T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Houze Julie E $201,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2023 04/03/23 Sold $555,000 +0.9% $245 / Sq Ft
02/21/2023 02/21/23 Price Changed $550,000 -8.2% $243 / Sq Ft
02/20/2023 02/20/23 Pending -- -- --
11/09/2022 11/09/22 Price Changed $599,000 -3.4% $264 / Sq Ft
10/04/2022 10/04/22 For Sale $620,000 -- $274 / 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
2024 $1,809 $51,035 $22,015 $29,020
2023 $1,675 $47,792 $22,015 $25,777
2022 $1,551 $47,600 $24,359 $23,241
2021 $1,436 $44,557 $22,145 $22,412
2019 $1,336 $51,250 $29,925 $21,325
2018 $1,274 $47,384 $27,300 $20,084
2017 $1,223 $46,858 $27,300 $19,558
2016 $1,193 $42,310 $22,750 $19,560
2015 $1,190 $38,441 $18,985 $19,456
2014 $1,153 $37,036 $18,985 $18,051
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 220014664

Northern Nevada Regional MLS

APN: 003-227-03