NOT LISTED FOR SALE

325 Palace Dr Reno, NV 89506

Estimated Value: $390,831 - $412,000

4 Beds
1.5 Baths
1,446 Sq Ft
$277/Sq Ft Est. Value

Last Sold July 02, 2020

Last sale price $270,000 $187 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,251/month

41 Days on Market

Highlights

  • View of Trees or Woods
  • Separate Formal Living Room
  • Separate Outdoor Workshop
  • Deck
  • No HOA
  • Storm Windows

About This Home

As of July 2020

A gardener's paradise; this cabin backs up to a lovely hill to the south. Boasting four bedrooms and a great backyard for entertaining and playing, this home is a must see. Lilacs, lilies, raspberries, peaches, prickly pears and other succulents grow like gangbusters in this yard. Then... your waterfall water feature pours into your koi pond, with large koi for your peaceful entertainment and relaxation., No Showings after Saturday, May 23. Being sold "as is," this property is subject to Trustee's approval. Offers to be reviewed Sunday at 1:00pm. Be aware that multiple offers have been received, so please make your offer your highest and best. Square footage was reached by adding the original 1144sf to the garage conversion of 302sf. Detached garage is 576sf, per Washoe County. Windmill in the backyard, stained-glass window and older wood stove in the family room do not stay. All will be removed prior to close of escrow.

Last Agent to Sell the Property

Kat Wilson

Atlas Red Realty License #S.41057 Listed on: 05/20/2020

Last Buyer's Agent

William Callos

Berkshire Hathaway HomeService License #S.178117

Berkshire Hathaway HomeService

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $673

Year Built

  • Built in 1971

Lot Details

  • 0.4 Acre Lot
  • Back Yard Fenced
  • Landscaped
  • Level Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Property is zoned MDS

Parking

  • 2 Car Garage

Property Views

  • Woods
  • Peek-A-Boo
  • Mountain
  • Desert
  • Valley

Home Design

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

Interior Spaces

  • 1,446 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Combination Kitchen and Dining Room
  • Carpet
  • Crawl Space

Kitchen

  • Built-In Oven
  • Portable Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Shelves in Laundry Area

Home Security

  • Security System Owned
  • Storm Windows
  • Fire and Smoke Detector

Accessible Home Design

  • No Interior Steps
  • Level Entry For Accessibility

Outdoor Features

  • Deck
  • Separate Outdoor Workshop

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
  • Internet Available
  • Phone Available
  • 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 08056102

Home Details

Home Type

Single Family

Est. Annual Taxes

$673

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1971
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Gentle Sloping, Landscaped, Level, Sloped Up, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Acres: 0.4
  • Road Frontage Type: Other
  • Has View?: Yes
  • Security Features: Security System Owned, Smoke Detector(s)
  • Association Amenities: None
  • Has H O A?: No
  • Co List Office Mls Id: 1825-o
  • Co List Office Phone: 775-393-9639
  • Special Conditions: Other
  • Directions: Lemmon Drive
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Living Area: 1446.0
  • 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: 673.0
  • 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: 0.4
  • Lot Lot Size Square Feet2: 17424.0
  • 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
  • Lot Features Sprinklers In Front: Yes
  • Lot Features Sprinklers In Rear: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Sprinklers Front: Yes
  • Sprinklers Rear: Yes
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: No
  • Cooling Refrigerated: Yes
  • Appliances Disposal: Yes
  • Outdoor Living Spaces Deck3: Yes
  • Security Features Smoke Detector(s): Yes
  • View Mountain(s): Yes
  • Fencing Partial2: Yes
  • Lot Features Sloped Up: Yes
  • Water Heater Gas5: Yes
  • Sprinklers Automatic: Yes
  • Security Features Security System Owned: Yes
  • Lot Features Gentle Sloping: Yes
  • View Desert: Yes
  • View Peek: Yes
  • View Valley: Yes
  • View Trees Woods: Yes
  • Appliances Included As Personal Property Portable Dishwasher: Yes
  • Appliances Included As Personal Property Oven2: Yes
  • Other Structures Workshop: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Disposal, Oven, Portable Dishwasher, Refrigerator
  • Flooring: Carpet
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Ceiling Fan(s), No Interior Steps, Pantry, Primary Downstairs, Walk-In Closet(s)
  • Window Features: Blinds, Double Pane Windows, Metal Frames, Storm Window(s)
  • Interior Bathrooms Half: 1
  • Interior Living Area4: 1446.0
  • Interior Fireplace Y N: No
  • Flooring Carpet: Yes
  • Interior Features Primary Downstairs: Yes
  • Window Features Double Pane Windows: Yes
  • Laundry Features In Kitchen: Yes
  • Living Room Features Separate Formal Room: Yes
  • Family Room Features Separate Formal Room3: Yes
  • Window Features Blinds: Yes
  • Primary Bedroom Features On Main Floor: Yes
  • Laundry Features Laundry Area: Yes
  • Kitchen Features Disposal2: Yes
  • Dining Room Features Kitchen Combination: Yes
  • Window Features Metal Frames: Yes
  • Laundry Features Shelves: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Primary Bedroom Features Ceiling Fan(s)7: Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes
  • Interior Features Ceiling Fan(s)2: Yes
  • Living Room Features Ceiling Fan(s)3: Yes
  • Interior Features No Interior Steps: Yes
  • Window Features Storm Window(s): Yes
  • Kitchen Features Built- In Single Oven: Yes

Exterior Features

  • Exterior Features: Entry Flat or Ramped Access
  • Roof: Composition, Pitched, Shingle
  • Stories: 1
  • View: Desert, Mountain(s), Peek, Trees/Woods, Valley
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space
  • Other Structures: Workshop
  • Patio And Porch Features: Deck
  • Construction Materials Wood Siding: Yes
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes
  • Exterior Features Entry Flator Ramped Access: Yes

Garage/Parking

  • Has Carport?: No
  • Garage Spaces: 2.0
  • Has Attached Garage?: Yes
  • Total Parking Spaces: 2.0
  • Parking Information Garage Y N: Yes
  • Parking Information Garage Spaces: 2.0
  • Parking Information Carport Y N: No
  • Parking Information Parking Total: 2.0

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Water Meter Installed
  • Water Source: Public
  • Laundry Features: In Kitchen, Laundry Area, 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: 08056102
  • Fencing: Back Yard, Partial
  • Lot Size Sq Ft: 17424.0
  • Zoning: MDS

Tax Info

  • Tax Annual Amount: 673.0

MLS Schools

  • Elementary School: Lemmon Valley
  • HighSchool: North Valleys

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2020
Closed on
Jun 29, 2020
Sold by
Matheus Terral and Carpenter Darcey
Bought by
Ward David L and Moonpracha Yanika
Seller's Agent
Kat Wilson
Atlas Red Realty
Buyer's Agent
William Callos
Berkshire Hathaway HomeService
List Price
$260,000
Sold Price
$270,000
Premium/Discount to List
$10,000
3.85%
Current Estimated Value
$401,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,208
Avg. Annual Appreciation
8.08%
Original Mortgage
$5,302
Outstanding Balance
$4,743
Interest Rate
3.1%
Mortgage Type
Unknown
Estimated Equity
$398,027

Purchase Details

Closed on
Aug 16, 2017
Sold by
Hassell Geraldine L
Bought by
Hassell Geraldine Lee and The Jeri Hassell Trust

Purchase Details

Closed on
Jun 15, 2006
Sold by
Hassell Geraldine L
Bought by
Hassell Geraldine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
1.7%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 16, 2005
Sold by
Hassell Geraldine L
Bought by
Hassell Geraldine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2000
Sold by
Hassell David E
Bought by
Hassell Geraldine L
Source: Public Records

Range of Values:

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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
Ward David L $270,000 Western Title Company
Hassell Geraldine Lee -- None Available
Hassell Geraldine L -- None Available
Hassell Geraldine L -- Pacific Corporate & Title Se
Hassell Geraldine L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ward David L $5,302
Open Ward David L $265,109
Previous Owner Hassell Geraldine L $228,000
Previous Owner Hassell Geraldine L $160,000
Previous Owner Hassell Geraldine L $130,000
Previous Owner Hassell Geraldine L $99,255
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2020 07/02/20 Sold $270,000 0.0% $187 / Sq Ft
06/30/2020 06/30/20 Pending -- -- --
06/11/2020 06/11/20 Price Changed $270,000 +3.8% $187 / Sq Ft
05/20/2020 05/20/20 For Sale $260,000 -- $180 / 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 $780 $53,605 $33,145 $20,460
2024 $758 $48,226 $27,895 $20,332
2023 $545 $46,155 $27,279 $18,876
2022 $738 $39,027 $23,730 $15,297
2021 $715 $31,492 $16,485 $15,007
2020 $695 $33,324 $17,605 $15,719
2019 $672 $32,365 $16,660 $15,705
2018 $658 $27,073 $11,235 $15,838
2017 $637 $27,098 $10,605 $16,493
2016 $620 $25,432 $8,190 $17,242
2015 $599 $23,522 $6,615 $16,907
2014 $596 $20,797 $4,130 $16,667
2013 -- $17,415 $3,115 $14,300
Source: Public Records

Agents Affiliated with this Home

  • Kat Wilson

    Seller's Agent in 2020

    Kat Wilson

    Atlas Red Realty

    (775) 240-1796

    3 in this area

    20 Total Sales

    Kat Wilson
    Section Image
  • William Callos

    Buyer's Agent in 2020

    William Callos

    Berkshire Hathaway HomeService

    (775) 338-5054

    52 Total Sales

    William Callos
    Section Image
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Map

Source: Northern Nevada Regional MLS

MLS Number: 200006333

Northern Nevada Regional MLS

APN: 080-561-02

Nevada Washoe County Reno 89506

325 Palace Dr, Reno, NV

This home is located at 325 Palace Dr, Reno, NV 89506 since 20 May 2020 and is currently estimated at $401,208, approximately $277 per square foot. This property was built in 1971. 325 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.

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