Coleen Cooke
RE/MAX Professionals-Sparks
(775) 414-6844
50 Total Sales
1 in West University
$360,000 Price
3431 Gypsum Rd Reno, NV 89503
West University Neighborhood
8
Beds
8
Baths
4,608
Sq Ft
10,019
Sq Ft Lot
Highlights
- Balcony
- Double Pane Windows
- Laundry Room
- Fireplace
- Brick or Stone Mason
- Landscaped
About This Home
As of May 2022Large 1100 Sq.Ft. two story townhome units with covered tenant parking under the building. Fantastic rental location near the University of Nevada Reno (UNR) provides high rents and low vacancy for the owner., All 4 units are not only individually metered for gas & electric, but ALSO for water (reduces owner expenses). Professional management is currently in place.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,052
Year Built
- Built in 1964
Lot Details
- 10,019 Sq Ft Lot
- Partially Fenced Property
- Landscaped
Home Design
- Quadruplex
- Flat Roof Shape
- Brick or Stone Mason
- Brick Foundation
- Frame Construction
- Wood Siding
Interior Spaces
- 4,608 Sq Ft Home
- 2-Story Property
- Fireplace
- Double Pane Windows
- Vinyl Clad Windows
- Blinds
- Aluminum Window Frames
- Crawl Space
- Fire and Smoke Detector
- Laundry Room
Kitchen
- Oven
- Gas Range
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
- Vinyl
Parking
- 8 Parking Spaces
- Carport
- Tuck Under Parking
- Assigned Parking
Outdoor Features
- Balcony
Schools
- Elmcrest Elementary School
- Clayton Middle School
- Hug High School
Utilities
- Heating System Uses Natural Gas
- Wall Furnace
- Separate Meters
- Individual Gas Meter
- Separate Water 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 00323421
Community Details
Overview
- 4 Units
Building Details
- Vacancy Allowance $1,435
- Net Operating Income $56,354
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 7, 2022
Sold by
Bought by
Purchase Details
Listed on
Jan 26, 2022
Closed on
Jun 6, 2022
Sold by
Bought by
Seller's Agent
Chris McCain
DL Realty
Buyer's Agent
Ali Liptrot
Chase International-Damonte
List Price
$1,075,000
Sold Price
$1,025,000
Premium/Discount to List
-$50,000
-4.65%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$717,500
Interest Rate
4.72%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 26, 2022
Closed on
May 11, 2022
Sold by
Bought by
Seller's Agent
Chris McCain
DL Realty
Buyer's Agent
Ali Liptrot
Chase International-Damonte
List Price
$1,075,000
Sold Price
$1,025,000
Premium/Discount to List
-$50,000
-4.65%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$717,500
Interest Rate
4.72%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 29, 2017
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,750
Interest Rate
3.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 28, 2017
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,750
Interest Rate
3.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 28, 2017
Sold by
Bought by
Purchase Details
Closed on
Mar 2, 2012
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,225
Interest Rate
3.87%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 29, 2010
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
4.17%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 15, 2007
Sold by
Bought by
Purchase Details
Closed on
Jun 5, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
7.75%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
May 6, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
7.75%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Mar 23, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
4.29%
Mortgage Type
Unknown
Purchase Details
Closed on
Apr 15, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.6%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
May 21, 2002
Sold by
Bought by
Purchase Details
Closed on
Jun 29, 2000
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
8.63%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in West University, NV
-
Coleen Cooke
-
Andrea Cassidy
Andrea Cassidy
PMI Reno
(775) 514-8047
20 Total Sales
2 in West University
$850K - $938K Price Range
-
Anthony Smith
Anthony Smith
Responds QuicklyRE/MAX Professionals-Reno
(341) 222-1907
51 Total Sales
1 in West University
$556,000 Price
-
Michelle Hammond
Michelle Hammond
RE/MAX Professionals-Reno
(775) 257-6987
67 Total Sales
3 in West University
$240K - $445K Price Range
-
Steven Foster
Steven Foster
eXp Realty
(775) 542-4826
71 Total Sales
1 in West University
$755,000 Price
-
Allison Meetze
Allison Meetze
Engel & Völkers
(530) 539-1544
23 Total Sales
1 in West University
$150,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | -- | ||
| -- | None Listed On Document | ||
| $1,025,000 | Signature Title | ||
| $545,000 | Harvest Title & Escrow Llc | ||
| -- | Harvest Title & Escrow Llc | ||
| $545,000 | First Centennail Reno | ||
| $247,500 | First Centennial Reno | ||
| $150,000 | Western Title Company | ||
| -- | None Available | ||
| -- | Ticor Title Of Nevada Inc | ||
| $475,000 | Ticor Title Of Nevada Inc | ||
| $420,000 | First American Title | ||
| -- | Stewart Title Of Northern Nv | ||
| -- | Stewart Title Of Northern Nv | ||
| $320,000 | Stewart Title Northern Nevad | ||
| $195,000 | Founders Title Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $717,500 | ||
| Previous Owner | $408,750 | ||
| Previous Owner | $242,000 | ||
| Previous Owner | $241,225 | ||
| Previous Owner | $112,500 | ||
| Previous Owner | $380,000 | ||
| Previous Owner | $336,000 | ||
| Previous Owner | $70,000 | ||
| Previous Owner | $175,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/24/2022 05/24/22 | Sold | $1,025,000 | -4.7% | $222 / Sq Ft |
| 04/09/2022 04/09/22 | Pending | -- | -- | -- |
| 03/25/2022 03/25/22 | For Sale | $1,075,000 | 0.0% | $233 / Sq Ft |
| 03/14/2022 03/14/22 | Pending | -- | -- | -- |
| 03/02/2022 03/02/22 | For Sale | $1,075,000 | 0.0% | $233 / Sq Ft |
| 03/02/2022 03/02/22 | Price Changed | $1,075,000 | -1.8% | $233 / Sq Ft |
| 02/05/2022 02/05/22 | Pending | -- | -- | -- |
| 01/25/2022 01/25/22 | For Sale | $1,095,000 | -- | $238 / Sq Ft |
Source: Northern Nevada Regional MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $1,885 | $93,001 | $49,000 | $44,001 |
| 2024 | $2,457 | $87,991 | $44,100 | $43,891 |
| 2023 | $2,275 | $82,582 | $44,100 | $38,483 |
| 2022 | $2,211 | $74,980 | $43,750 | $31,230 |
| 2021 | $2,052 | $64,193 | $35,000 | $29,193 |
| 2020 | $1,929 | $66,061 | $34,230 | $31,831 |
| 2019 | $1,838 | $63,765 | $34,230 | $29,535 |
| 2018 | $1,752 | $49,884 | $21,000 | $28,884 |
| 2017 | $1,683 | $48,999 | $20,300 | $28,699 |
| 2016 | $1,642 | $48,385 | $20,300 | $28,085 |
| 2015 | $1,637 | $45,913 | $18,340 | $27,573 |
| 2014 | $1,586 | $42,908 | $15,232 | $27,676 |
| 2013 | -- | $42,246 | $14,000 | $28,246 |
Source: Public Records
Agents Affiliated with this Home
-
Chris McCain
Seller's Agent in 2022
Chris McCain
DL Realty
(775) 225-1144
6 in this area
45 Total Sales
-
Ali Liptrot
Buyer's Agent in 2022
Ali Liptrot
Chase International-Damonte
(415) 577-0733
3 in this area
61 Total Sales
Map
Source: Northern Nevada Regional MLS
MLS Number: 220000897
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.
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. © 2026 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved.
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