NOT LISTED FOR SALE

Estimated Value: $420,000 - $526,000

2 Beds
1 Bath
2,304 Sq Ft
$208/Sq Ft Est. Value

Last Sold November 17, 2023

Last sale price $360,000 $156 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,701/month

21 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Heating Available
  • Brick or Stone Mason
  • Landscaped
  • 2-minute walk to Stewart Park

About This Home

As of November 2023

Desirable location just east of mid-town. The upper unit is a 2 bedroom 1 bath and lower unit is a large studio. There are long term tenants paying under market rents., Please do not disturb the tenants, make offer subject to inspections. This property is being offered for sale as a package deal with 364 Wheeler Ave., Reno, NV - MLS #230011663

Last Agent to Sell the Property

Yolanda Young

RE/MAX Gold-Midtown License #BS.46892 Listed on: 10/02/2023

RE/MAX Gold-Midtown

Last Buyer's Agent

Kaila Bailey

RE/MAX Professionals-Reno License #S.181456

RE/MAX Professionals-Reno

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $871

Year Built

  • Built in 1917

Lot Details

  • 3,485 Sq Ft Lot
  • Landscaped

Home Design

  • Brick or Stone Mason
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,304 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Fire Sprinkler System

Kitchen

  • Oven
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Vinyl

Parking

  • 2 Parking Spaces
  • Common or Shared Parking
  • Alley Access

Schools

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

Utilities

  • Cooling Available
  • Heating Available
  • Master Meter
  • Central Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units
  • Net Operating Income $18,209

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for all utilities
  • Assessor Parcel Number 01301332

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$871

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Year Built: 1917
  • Property Type: Residential Income
  • Lot Features: Landscaped
  • Lot Size Acres: 0.08
  • Road Frontage Type: Public
  • Security Features: Fire Sprinkler System
  • Co List Office Mls Id: 2428-o
  • Co List Office Phone: 775-391-5435
  • Directions: Ryland
  • Has Cooling?: Yes
  • Tax Legal Zoning4: MF30
  • Building Stories5: 2
  • Lot Features Landscaped: Yes
  • Cooling Electric: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Water Heater Electric5: Yes
  • Appliances Dishwasher: Yes
  • Construction Materials Brick: Yes
  • Construction Materials Frame: Yes
  • Tax Legal Elementary School2: Booth
  • Tax Legal High School2: Wooster
  • Lot Lot Size Acres4: 0.08
  • Lot Lot Size Square Feet4: 3484.8
  • Appliances Oven: Yes
  • Appliances Gas Range: Yes
  • Tax Legal Tax Annual Amount3: 870.93
  • Security Features Fire Sprinkler System: Yes
  • Water Heater Central2: Yes
  • Incomeand Expenses Net Operating Income: 18208.56
  • Contract Rent Control Y N: No
  • Association Community Number Of Buildings2: 1.0
  • Building Number Of Units Total5: 2.0
  • Special Information Onsite Management Y N: No
  • Meter Information Separate Meters Y N: No
  • Meter Information Separate Electric Meters Y N: No
  • Meter Information Separate Gas Meters Y N: No
  • Meter Information Separate Water Meters Y N: No
  • Meter Information Separate Water Heaters Y N: No
  • Meter Information One Primary Electric Meter Y N: Yes
  • Meter Information One Primary Gas Meter Y N: No
  • Meter Information One Primary Water Meter Y N: Yes
  • Tax Legal Middleor Junior School: Vaughn
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Oven, Dishwasher, Gas Range, Refrigerator
  • Flooring: Laminate, Vinyl, Wood
  • Number Of Buildings: 1
  • Owner Pays: All Utilities
  • Window Features: Blinds, Single Pane Windows, Varies
  • Window Features Blinds: Yes
  • Flooring Wood: Yes
  • Flooring Laminate: Yes
  • Flooring Vinyl: Yes
  • Interior Building Area Total3: 2304.0

Exterior Features

  • Roof: Composition, Shingle
  • Stories: 2
  • Construction Type: Brick, Frame
  • Roof Composition: Yes
  • Roof Shingle: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: Alley Access, Common
  • Total Parking Spaces: 2.0
  • Parking Information Parking Total4: 2.0
  • Parking Features Common: Yes
  • Parking Features Alley Access: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Available, Phone Available, Sewer Available, Water Available, Cellular Coverage, Water Meter Installed
  • Water Source: Public
  • Laundry Features: Varies By Unit
  • Cooling: Electric
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Utilities Water Meter Installed: Yes
  • Utilities Internet Available: Yes
  • Water Source Public: Yes
  • Heating Electric4: Yes
  • Utilities Heating Y N5: Yes
  • Utilities Cooling Y N5: Yes
  • Owner Pays All Utilities: Yes

Schools

  • Middle Or Junior School: Vaughn

Lot Info

  • Parcel Number: 01301332
  • Lot Size Sq Ft: 3484.8
  • Zoning: MF30

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Scheduled Income: 22145.0
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 870.93

MLS Schools

  • Elementary School: Booth
  • HighSchool: Wooster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2023
Closed on
Nov 10, 2023
Sold by
Pamela M Madera Living Trust and Madera Vanessa M
Bought by
Cw Global Llc
Seller's Agent
Yolanda Young
RE/MAX Gold-Midtown
Buyer's Agent
Kaila Bailey
RE/MAX Professionals-Reno
List Price
$530,000
Sold Price
$360,000
Premium/Discount to List
-$170,000
-32.08%
Views
44
Current Estimated Value
$478,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,925
Avg. Annual Appreciation
18.05%

Purchase Details

Closed on
Jul 22, 2004
Sold by
Madera Pamela M
Bought by
Madera Pamela M and The Pamela M Madera Living Trust

Purchase Details

Closed on
Aug 11, 2001
Sold by
Sears Ray and Sears Linda
Bought by
Madera Pamela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
8%

Purchase Details

Closed on
Jan 14, 2000
Sold by
Shoenberger George A and Shoenberger Linda
Bought by
Sears Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,500
Interest Rate
8.16%

Purchase Details

Closed on
May 27, 1994
Sold by
Wheeler Partners
Bought by
Schonder A A and Schonder Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,400
Interest Rate
8.3%
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
Cw Global Llc $960,000 Stewart Title
Madera Pamela M -- --
Madera Pamela M $135,000 First Centennial Title Co
Sears Ray $130,000 Stewart Title Company
Schonder A A $212,000 Western Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Madera Pamela M $124,000
Previous Owner Madera Pamela M $121,500
Previous Owner Sears Ray $110,500
Previous Owner Schonder A A $148,400
Closed Madera Pamela M $6,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2023 11/17/23 Sold $360,000 -32.1% $156 / Sq Ft
10/22/2023 10/22/23 Pending -- -- --
10/01/2023 10/01/23 For Sale $530,000 -- $230 / 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 $940 $54,739 $30,839 $23,900
2024 $940 $53,422 $29,736 $23,686
2023 $871 $51,819 $30,051 $21,768
2022 $629 $43,295 $25,043 $18,252
2021 $822 $33,718 $16,443 $17,275
2020 $797 $34,431 $17,136 $17,295
2019 $759 $31,246 $14,994 $16,252
2018 $737 $26,237 $10,805 $15,432
2017 $704 $24,648 $9,387 $15,261
2016 $690 $23,331 $8,348 $14,983
2015 $689 $21,486 $6,615 $14,871
2014 $670 $18,851 $4,725 $14,126
2013 -- $17,566 $3,824 $13,742
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 230011662

Northern Nevada Regional MLS

APN: 013-013-32