NOT LISTED FOR SALE

511 W 3rd St Reno, NV 89503

Downtown Reno Neighborhood

Estimated Value: $103,000

4 Beds
2 Baths
1,838 Sq Ft
$56/Sq Ft Est. Value

Last Sold May 12, 2015

Last sale price $71,000 $39 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $642/month

6 Days on Market

Highlights

  • No HOA
  • Brick or Stone Mason
  • 2 Car Garage
  • Hunter Lake Elementary School Rated A-
  • Combination Dining and Living Room
  • Partially Fenced Property

About This Home

As of May 2015

This home is located at 511 W 3rd St, Reno, NV 89503 since 01 April 2015 and is currently priced at $103,000, approximately $56 per square foot. This property was built in 1925. 511 W 3rd St is a home located in Washoe County with nearby schools including Hunter Lake Elementary School, Darrell C Swope Middle School, and Reno High School.

Last Agent to Sell the Property

Karen Greathouse

Greathouse Real Estate License #B.1000788 Listed on: 04/01/2015

Last Buyer's Agent

Karen Greathouse

Greathouse Real Estate License #B.1000788 Listed on: 04/01/2015

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 6,970 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot
  • Property is zoned MUDR

Parking

  • 2 Car Garage

Home Design

  • Brick or Stone Mason
  • Shingle Roof
  • Composition Roof
  • Stick Built Home

Interior Spaces

  • 1,838 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • No Floor Coverings
  • Crawl Space

Schools

  • Gomm Elementary School
  • Swope Middle School
  • Reno High School

Utilities

  • No Heating
  • No Water Heater

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 00727416

Community Details

Overview

  • No Home Owners Association
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • No Laundry Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1925
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Level
  • Lot Size Acres: 0.16
  • Road Frontage Type: Other
  • Association Amenities: None
  • Has H O A?: No
  • Co List Office Mls Id: 1823-o
  • Co List Office Phone: 775-786-1010
  • Special Conditions: Real Estate Owned
  • Directions: Ralston
  • Has Fireplace?: No
  • Living Area: 1838.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Gomm
  • Tax Legal Middle Or Junior School2: Swope
  • Tax Legal High School: Reno
  • Tax Legal Tax Annual Amount: 2026.18
  • Tax Legal Zoning4: MUDR
  • Association Community Association Y N3: No
  • Building Stories5: 1
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: No
  • Lot Lot Size Acres2: 0.16
  • Lot Lot Size Square Feet2: 6969.6
  • Lot Horse Y N2: No
  • Foundation Details Crawl Space: Yes
  • Lot Features Level: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: No
  • Fencing Partial2: Yes
  • Construction Materials Brick: Yes
  • Water Heater None29: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Flooring: None
  • Window Features: Single Pane Windows
  • Interior Living Area4: 1838.0
  • Interior Fireplace Y N: No
  • Dining Room Features Living Room Combination: Yes
  • Living Room Features Dining Room Combination: Yes
  • Laundry Features None15: Yes
  • Flooring None11: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Shingle
  • Stories: 1
  • Construction Type: Brick
  • Foundation Details: Crawl Space
  • Roof Composition: Yes
  • Roof Shingle: 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: Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: None
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities Heating Y N3: No
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Water Source Public: Yes
  • Heating None14: Yes

Schools

  • Middle Or Junior School: Swope

Lot Info

  • Parcel Number: 00727416
  • Fencing: Partial
  • Lot Size Sq Ft: 6969.6
  • Zoning: MUDR

Tax Info

  • Tax Annual Amount: 2026.18

MLS Schools

  • Elementary School: Gomm
  • HighSchool: Reno

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2018
Sold by
511 3Rd Stret Llc
Bought by
Reno Property Manager Llc
Current Estimated Value
$103,000

Purchase Details

Closed on
Feb 12, 2016
Sold by
Wood Is Good Llc
Bought by
Wood For 3 Llc

Purchase Details

Listed on
Apr 1, 2015
Closed on
May 4, 2015
Sold by
The Bank Of New York Mellon
Bought by
Wood Is Good Llc
Seller's Agent
Karen Greathouse
Greathouse Real Estate
Buyer's Agent
Karen Greathouse
Greathouse Real Estate
List Price
$71,500
Sold Price
$71,000
Premium/Discount to List
-$500
-0.7%

Purchase Details

Closed on
Feb 5, 2015
Sold by
Villanueva Don and Villanueva Julia
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Sep 18, 2006
Sold by
Rodrick Patricia Ann
Bought by
Villanueva Don and Villanueva Julia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
8%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 13, 1997
Sold by
Lyons Lois C and Lyons Robert Michael
Bought by
Lyons Lois C
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Reno Property Manager Llc -- Ticor Title Reno Commercial
Wood For 3 Llc -- First Centennial Reno
Wood Is Good Llc $71,000 None Available
The Bank Of New York Mellon $272,747 Lsi Title Agency Inc
Villanueva Don $275,000 Western Title Incorporated
Lyons Lois C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Villanueva Don $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2015 05/12/15 Sold $71,000 -0.7% $39 / Sq Ft
04/07/2015 04/07/15 Pending -- -- --
04/01/2015 04/01/15 For Sale $71,500 -- $39 / 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
2022 -- $44,899 $34,977 $9,921
2021 $1,393 $36,571 $27,000 $9,571
2020 $1,105 $36,659 $27,000 $9,659
2019 $567 $19,145 $19,145 $0
2018 $515 $12,880 $12,880 $0
2017 $1,212 $12,145 $12,145 $0
2016 $1,212 $33,910 $10,920 $22,990
2015 $1,201 $31,209 $8,750 $22,459
2014 $2,026 $28,897 $7,630 $21,267
2013 -- $26,429 $5,635 $20,794
Source: Public Records

Agents Affiliated with this Home

  • Karen Greathouse

    Seller's Agent in 2015

    Karen Greathouse

    Greathouse Real Estate

    (775) 677-4663

    51 Total Sales

    Karen Greathouse
    Section Image
See All Agents

Map

Source: Northern Nevada Regional MLS

MLS Number: 150003921

Northern Nevada Regional MLS

APN: 007-274-16

Nevada Washoe County Reno 89503 Downtown Reno

511 W 3rd St, Reno, NV

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.

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.

Nearby Homes