NOT LISTED FOR SALE

440 1/2 E 7th St Unit A & B Reno, NV 89512

Downtown Reno Neighborhood

Estimated Value: $542,000 - $668,757

4 Beds
4 Baths
1,474 Sq Ft
$418/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $400,000 $271 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,688/month

69 Days on Market

Highlights

  • Double Pane Windows
  • Hot Water Circulator
  • Property is Fully Fenced
  • Ceramic Tile Flooring
  • Forced Air Heating System
  • Wood Siding

About This Home

As of November 2020

New Duplex located in the heart of Reno and close to UNR, Aces Ball Park, restaurants & many other attractions. Each unit has 2 bedrooms with a loft area and one and one half bathrooms, Vaulted ceilings, stack-able washer & dryer, lots of storage, 1 covered parking dedicated to each unit. Each unit has its own A/C, water heater, heating. Electric and gas are individually metered.

Last Listed By

Magda Martinez

HomeGate Realty of Reno License #S.44936 Listed on: 08/04/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $192

Year Built

  • Built in 2020

Lot Details

  • 1,307 Sq Ft Lot
  • Property fronts an alley
  • Property is Fully Fenced

Home Design

  • Wood Frame Construction
  • Pitched Roof
  • Composition Shingle Roof
  • Wood Siding
  • Metal Siding

Interior Spaces

  • 1,474 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Vinyl Clad Windows
  • Blinds
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Tile

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Carport
  • 1 Parking Space Included
  • Parking Available
  • Assigned Parking

Utilities

  • Refrigerated Cooling System
  • Cooling System Utilizes Natural Gas
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Hot Water Circulator
  • Electric Water Heater
  • Internet Available

Community Details

  • 2 Units
  • Evans Northeast Addition Community

Listing and Financial Details

  • Assessor Parcel Number 00723306

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$192

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Type Of Property: Duplex, Triplex, 4-Plex
  • Lvt Date: 08/04/2020
  • Year Built: 2020
  • Access Type: Public
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Oven/Range, Microwave, Washer, Dryer
  • Water Heater: Circulating Pump, Electric
  • Flooring: Ceramic Tile, Carpet, Vinyl Tile
  • Price Per Sq Ft: 271.37
  • Sold Price Per Sq Ft: 271.37
  • Source Of Sq Ft: Assessor
  • Gross Sq Ft: 1474

Exterior Features

  • Windows: Double Pane, Vinyl Frame
  • Construction: Wood Frame
  • Exterior: Wood Siding, Metal Siding
  • Fenced: Full
  • Foundation: Concrete/Crawl Space
  • Roof: Composition/Shingle, Pitched
  • Stories: 2 Story

Garage/Parking

  • Total Parking Capacity: 2
  • Parking Capacity Per Unit: 1
  • Parking Types: Carport, Attached, Designated Parking

Utilities

  • Heating Cooling: Central Refrig A/C, Natural Gas, Forced Air
  • Internet: Yes
  • Utilities: City/County Water, City Sewer, Electricity, Natural Gas, Internet Available, Cellular Coverage Avail
  • Facility Features: Separated Meters-Gas, Separate Water Heaters, Separate Heating/Cooling
  • Individually Metered: Yes
  • Laundry: Hall

Condo/Co-op/Association

  • Common Features: Alley Access
  • Complex Name: Evans Northeast Addition

Lot Info

  • Acreage: 0.03
  • Parcel Number: 00723306
  • Zoning Actual: MUDR

Green Features

  • Green Features: Circulating Pump - Water, Double Pane Windows

Tax Info

  • Tax Database Id: 5
  • Taxes Dollar: 192.44
  • Assessor Parcel Number: 00723306

Multi Family

  • Number Units: 2
  • Unit Features: Blinds/Shades, Smoke Detector

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2023
Sold by
Foxcroft Kevin R
Bought by
Mobaligh Lailah and Mobaligh Saeed R
Total Days on Market
69
Current Estimated Value
$615,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$574,887
Outstanding Balance
$562,438
Interest Rate
6.35%
Mortgage Type
FHA
Estimated Equity
$53,001

Purchase Details

Listed on
Aug 4, 2020
Closed on
Nov 23, 2020
Sold by
Fletcher Luke and Balkenbush Joseph
Bought by
Foxcroft Kevin R
Seller's Agent
Magda Martinez
HomeGate Realty of Reno
Buyer's Agent
Trace Sage Bachelor
Realty One Group Eminence
List Price
$480,000
Sold Price
$400,000
Premium/Discount to List
-$80,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.14%
Original Mortgage
$392,755
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
May 25, 2018
Sold by
Balkenbush Shanel
Bought by
Balkenbush Joseph

Range of Values:

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Average Value
Not Available
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
Mobaligh Lailah $635,000 First American Title
Foxcroft Kevin R $400,000 First Centennial Title Reno
Balkenbush Joseph -- First Centennial Reno
Fletcher Luke -- First Centennial Reno
Fletcher Luke $165,000 First Centennial Reno
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mobaligh Lailah $574,887
Previous Owner Foxcroft Kevin R $469,597
Previous Owner Foxcroft Kevin R $392,755
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $400,000 -9.1% $271 / Sq Ft
10/12/2020 10/12/20 Pending -- -- --
09/16/2020 09/16/20 Price Changed $440,000 -4.3% $299 / Sq Ft
08/27/2020 08/27/20 Price Changed $460,000 -4.2% $312 / Sq Ft
08/04/2020 08/04/20 For Sale $480,000 -- $326 / 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 $3,310 $108,420 $34,132 $74,288
2024 $3,310 $110,596 $34,132 $76,464
2023 $3,066 $95,852 $29,400 $66,452
2022 $2,839 $80,546 $23,380 $57,166
2021 $2,564 $75,632 $20,160 $55,472
2020 $192 $45,887 $20,160 $25,727
2019 $245 $9,772 $9,772 $0
2018 $234 $4,778 $4,778 $0
2017 $225 $8,209 $2,888 $5,321
2016 $219 $8,101 $2,765 $5,336
2015 $218 $7,197 $1,904 $5,293
2014 $212 $6,651 $1,680 $4,971
2013 -- $5,623 $742 $4,881
Source: Public Records

Agents Affiliated with this Home

  • Magda Martinez

    Seller's Agent in 2020

    Magda Martinez

    HomeGate Realty of Reno

    (775) 772-1804

    5 in this area

    302 Total Sales

    Magda Martinez
    Section Image
  • Trace Sage Bachelor

    Buyer's Agent in 2020

    Trace Sage Bachelor

    Realty One Group Eminence

    (775) 870-3595

    Section Image
See All Agents

Map

Source: Northern Nevada Regional MLS

MLS Number: 200010500

Northern Nevada Regional MLS

APN: 007-233-06

Nevada Washoe County Reno 89512 Downtown Reno

440 1/2 E 7th St Unit A & B, Reno, NV

Homes for Sale in Reno, NV

This home is located at 440 1/2 E 7th St Unit A & B, Reno, NV 89512 since 04 August 2020 and is currently estimated at $615,439, approximately $417 per square foot. This property was built in 2020. 440 1/2 E 7th St Unit A & B 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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Northern Nevada Regional MLS 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. © 2025 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved.

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