NOT LISTED FOR SALE

318 Wheeler Ave Reno, NV 89502

MidTown Neighborhood

Estimated Value: $817,842 - $975,000

4 Beds
2 Baths
1,802 Sq Ft
$500/Sq Ft Est. Value

Last Sold January 29, 2015

Last sale price $70,000 $39 Per Sq Ft

Est. 1,186% increase in value since last sale

Current estimated payment $5,270/month

516 Days on Market

Highlights

  • RV Access or Parking
  • Separate Formal Living Room
  • No HOA
  • Main Floor Primary Bedroom
  • High Ceiling
  • 3-minute walk to Stewart Park

About This Home

As of January 2015

Convenient location within walking distance to downtown, Aces Ball Park, and more. Tons of potential as this property can be used for single family, office, multi-family (zoning Multi Use Downtown Reno). 1800 sq ft of living area. Downstairs has two bedrooms, one bath - upstairs has two bedrooms, one bath - both with kitchen. Separate entrances and meters., Detached 600+ sq ft shop/garage with separate storage which could be converted into an additional rental unit (buyer to verify parking requirements with the City of Reno). Alley access on south side of property.

Last Agent to Sell the Property

Kevin Sigstad

RE/MAX Premier Properties License #B.63841 Listed on: 06/07/2012

RE/MAX Premier Properties

Last Buyer's Agent

Eduardo Carral

Fathom Realty License #S.76036

Fathom Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $713

Year Built

  • Built in 1914

Lot Details

  • 3,920 Sq Ft Lot
  • Fenced Front Yard
  • Level Lot
  • Property is zoned MUDR

Parking

  • 2 Car Garage
  • 1 Carport Space
  • RV Access or Parking

Home Design

  • Brick or Stone Mason
  • Stone Foundation
  • Pitched Roof
  • Shake Roof
  • Wood Roof
  • Wood Siding
  • Stick Built Home
  • Masonite

Interior Spaces

  • 1,802 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Separate Formal Living Room
  • Unfinished Basement
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry Cabinets

Outdoor Features

  • Patio

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Short Sale
  • Home warranty included in the sale of the property
  • Assessor Parcel Number 01301322

Home Details

Home Type

Single Family

Est. Annual Taxes

$713

Year Built

Built in 1914

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1914
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Level
  • Lot Size Acres: 0.09
  • 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
  • Special Conditions: Short Sale
  • Directions: Ryland to Wheeler
  • Has Fireplace?: No
  • Living Area: 1802.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Booth
  • Tax Legal Middle Or Junior School2: Vaughn
  • Tax Legal High School: Wooster
  • Tax Legal Tax Annual Amount: 712.98
  • Tax Legal Zoning4: MUDR
  • Association Community Association Y N3: No
  • Building Stories5: 2
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 0.09
  • Lot Lot Size Square Feet2: 3920.4
  • Lot Horse Y N2: No
  • Construction Materials Masonite: Yes
  • Foundation Details Crawl Space: Yes
  • Lot Features Level: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Typeof Construction Site Stick- Built: Yes
  • Water Heater Electric5: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Appliances Disposal: Yes
  • Outdoor Living Spaces Patio2: Yes
  • Security Features Smoke Detector(s): Yes
  • Fencing Front Yard: Yes
  • Construction Materials Brick: Yes
  • Other Rooms Unfinished Basement: Yes
  • Special Listing Conditions Short Sale: Yes
  • Foundation Details Stone2: Yes
  • Special Features: 12
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: High Ceilings, Primary Downstairs
  • Window Features: Single Pane Windows
  • Interior Living Area4: 1802.0
  • Interior Fireplace Y N: No
  • Flooring Carpet: Yes
  • Interior Features High Ceilings: Yes
  • Interior Features Primary Downstairs: Yes
  • Living Room Features Separate Formal Room: Yes
  • Dining Room Features Separate Formal Room2: Yes
  • Primary Bedroom Features Tub Shower Combination: Yes
  • Primary Bedroom Features On Main Floor: Yes
  • Flooring Ceramic Tile: Yes
  • Laundry Features Cabinets2: Yes
  • Laundry Features Laundry Area: Yes
  • Laundry Features Laundry Room: Yes
  • Dining Room Features High Ceilings3: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Primary Bedroom Features High Ceilings6: Yes

Exterior Features

  • Roof: Pitched, Shake, Wood
  • Stories: 2
  • Construction Type: Brick, Masonite, Wood Siding
  • Foundation Details: Crawl Space, Stone
  • Patio And Porch Features: Patio
  • Construction Materials Wood Siding: Yes
  • Roof Pitched: Yes
  • Roof Shake: Yes
  • Roof Wood4: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Carport Spaces: 1.0
  • Has Carport?: Yes
  • Garage Spaces: 2.0
  • Has Attached Garage?: Yes
  • Parking Features: RV Access/Parking
  • Total Parking Spaces: 3.0
  • Parking Information Garage Y N: Yes
  • Parking Information Garage Spaces: 2.0
  • Parking Information Carport Y N: Yes
  • Parking Information Carport Spaces2: 1.0
  • Parking Information Parking Total: 3.0
  • Parking Features R V Access Parking: Yes

Utilities

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

Schools

  • Middle Or Junior School: Vaughn

Lot Info

  • Parcel Number: 01301322
  • Fencing: Front Yard
  • Lot Size Sq Ft: 3920.4
  • Zoning: MUDR

Tax Info

  • Tax Annual Amount: 712.98

MLS Schools

  • Elementary School: Booth
  • HighSchool: Wooster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2018
Sold by
Sanchez Ariel W
Bought by
Scruggs Dan G and Dan G Scruggs Survivors Trust
Current Estimated Value
$900,461

Purchase Details

Listed on
Jun 7, 2012
Closed on
Jan 26, 2015
Sold by
Weisshaar Ivan S
Bought by
Sanchez Ariel W
Seller's Agent
Kevin Sigstad
RE/MAX Premier Properties
Buyer's Agent
Eduardo Carral
Fathom Realty
List Price
$114,900
Sold Price
$70,000
Premium/Discount to List
-$44,900
-39.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.64%

Purchase Details

Closed on
Jul 11, 2005
Sold by
Larry Newman Investments Llc
Bought by
Weishaar Ivan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,300
Interest Rate
5.51%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 30, 1997
Sold by
Newman Larry and Newman Elsie
Bought by
Larry Newman Investments Llc
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
Scruggs Dan G $670,000 Capital Title Co Of Nevada
Sanchez Ariel W -- Capital Title Co Of Nevada
Sanchez Ariel W $70,000 First American Title Reno
Weishaar Ivan S $246,500 First Centennial Title Co
Larry Newman Investments Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weisshaar Ivan S $261,620
Previous Owner Weishaar Ivan S $49,300
Previous Owner Weishaar Ivan S $197,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2015 01/29/15 Sold $70,000 -39.1% $39 / Sq Ft
11/05/2013 11/05/13 Pending -- -- --
06/07/2012 06/07/12 For Sale $114,900 -- $64 / 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 $4,373 $154,136 $56,525 $97,612
2024 $4,373 $157,233 $56,525 $100,708
2023 $4,049 $148,175 $58,587 $89,588
2022 $3,930 $123,832 $46,218 $77,615
2021 $3,638 $110,867 $33,649 $77,218
2020 $3,421 $107,785 $29,825 $77,960
2019 $3,252 $103,567 $28,462 $75,105
2018 $3,096 $91,282 $17,456 $73,826
2017 $1,836 $59,112 $17,456 $41,656
2016 $575 $22,438 $13,699 $8,739
2015 $147 $18,523 $9,909 $8,614
2014 $559 $16,781 $8,645 $8,136
2013 -- $14,606 $6,650 $7,956
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2015

    Kevin Sigstad

    RE/MAX

    Section Image

  • E

    Buyer's Agent in 2015

    Eduardo Carral

    Fathom Realty

    (775) 335-7000

    62 Total Sales

    Eduardo Carral
    Section Image
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Map

Source: Northern Nevada Regional MLS

MLS Number: 120006850

Northern Nevada Regional MLS

APN: 013-013-22

Nevada Washoe County Reno 89502 MidTown

318 Wheeler Ave, Reno, NV

This home is located at 318 Wheeler Ave, Reno, NV 89502 since 07 June 2012 and is currently estimated at $900,461, approximately $499 per square foot. This property was built in 1914. 318 Wheeler Ave is a home located in Washoe County with nearby schools including Libby C Booth Elementary School, Vaughn Middle School, and Earl Wooster High School.

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