NOT LISTED FOR SALE

485 W 5th St Reno, NV 89503

Downtown Reno Neighborhood

Estimated Value: $943,557

4 Beds
2 Baths
2,757 Sq Ft
$342/Sq Ft Est. Value

About This Home

This home is located at 485 W 5th St, Reno, NV 89503 and is currently estimated at $943,557, approximately $342 per square foot. 485 W 5th St is a home located in Washoe County with nearby schools including Elmcrest Elementary School, Archie Clayton Pre-AP Academy, and Reno High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2024
Sold by
Hess Kyle S
Bought by
Ptlke Trust
Current Estimated Value
$943,557

Purchase Details

Closed on
Jun 25, 2020
Sold by
Hess Steven M and Hess Louanne
Bought by
Hess Kyle S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.1%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 7, 2020
Sold by
Hess Steven M
Bought by
Hess Steven M and Hess Louanne

Purchase Details

Closed on
Jul 15, 2019
Sold by
Hess Louanne
Bought by
Hess Steven M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 11, 2019
Sold by
Digesti Laurence P and Digesti Robyn Mckinley
Bought by
Hess Steven M and Hess Kyle S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 5, 2003
Sold by
Peck A Stanyan
Bought by
Digesti Laurence P and Digesti Robyn Mckinley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,750
Interest Rate
5.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 31, 2003
Sold by
Digesti Laurence P
Bought by
Digesti Laurence P and Digesti Robyn Mckinley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,750
Interest Rate
5.13%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Ptlke Trust -- None Listed On Document
Hess Kyle S -- None Available
Hess Steven M -- None Available
Hess Steven M -- Ticor Title Reno
Hess Steven M $640,000 Ticor Title Reno
Digesti Laurence P $92,500 Western Title Incorporated
Peck A Stanyan -- Western Title Incorporated
Digesti Laurence P -- Western Title Incorporated
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hess Kyle S $350,000
Previous Owner Hess Steven M $360,000
Previous Owner Digesti Laurence P $260,000
Previous Owner Digesti Laurence P $75,000
Previous Owner Digesti Laurence P $273,750
Source: Public Records

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 $3,996 $116,712 $66,010 $50,702
2024 $3,996 $111,399 $62,790 $48,609
2023 $3,739 $104,610 $59,570 $45,040
2022 $3,389 $82,660 $45,885 $36,775
2021 $3,132 $74,475 $38,640 $35,835
2020 $3,060 $73,807 $38,640 $35,167
2019 $2,928 $70,832 $37,030 $33,802
2018 $2,789 $66,237 $33,810 $32,427
2017 $2,694 $64,037 $32,200 $31,837
2016 $2,690 $63,759 $32,200 $31,559
2015 $2,038 $63,898 $32,200 $31,698
2014 $2,655 $62,218 $32,200 $30,018
2013 -- $61,062 $32,200 $28,862
Source: Public Records

Map

Nevada Washoe County Reno 89503 Downtown Reno

485 W 5th St, Reno, NV

This home is located at 485 W 5th St, Reno, NV 89503 and is currently estimated at $943,557, approximately $342 per square foot. 485 W 5th St is a home located in Washoe County with nearby schools including Elmcrest Elementary School, Archie Clayton Pre-AP Academy, and Reno High School.

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.

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