$450,000
SOLD OCT 4, 2024

530 8th St Lovelock, NV 89419

-- Bed
-- Bath
3,000 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$150 Per Sq Ft

5% Below List Price

43 Days on Market

Highlights

  • Double Pane Windows
  • Shed
  • ENERGY STAR Qualified Equipment for Heating
  • Cooling Available
  • Landscaped
  • Wood Siding

About This Home

As of October 2024

This newly renovated 4 unit 2 bed 1 bath apartment complex is the perfect opportunity for wealth building only an hour outside of Reno! Each unit boasts a spacious 2 bedrooms and 1 bathroom layout, with all new finishes and fixtures. The desert landscaping not only adds to the aesthetic appeal, but also helps to keep water usage low and maintenance costs minimal., Additionally, the complex has cheap utilities, making it an even more attractive option for both renters and investors. Live in one unit and rent out the other three for maximum income potential. Don't miss out on this great opportunity!

Last Agent to Sell the Property

Austin Haller

LPT Realty, LLC License #S.201937 Listed on: 07/09/2024

LPT Realty, LLC

Last Buyer's Agent

Juan Segura

Reno Real Estate License #B.1002755

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,401

Year Built

  • Built in 1987

Lot Details

  • 6,970 Sq Ft Lot
  • Landscaped

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Slab Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Vinyl Flooring
  • Laundry in Hall

Kitchen

  • Oven
  • Gas Range

Utilities

  • Cooling Available
  • Heating Available
  • Separate Meters
  • Individual Gas Meter
  • Separate Water Meter
  • Gas Water Heater
  • Internet Available

Additional Features

  • ENERGY STAR Qualified Equipment for Heating
  • Shed

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 00109609

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,401

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Year Built: 1987
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Road Frontage Type: Public
  • Co List Office Mls Id: 2713-o
  • Co List Office Phone: 775-544-1328
  • Directions: I 80 > Main Street> Dartmouth Ave > 8th Street
  • Special Features: VirtualTour

Interior Features

  • Appliances: Oven, Gas Range
  • Flooring: Vinyl
  • Number Of Buildings: 1
  • Window Features: Double Pane Windows, Single Pane Windows

Exterior Features

  • Roof: Asphalt
  • Stories: 2
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Slab
  • Other Structures: Shed(s), Storage

Garage/Parking

  • Parking Features: Varies by Unit

Utilities

  • Utilities: Internet Available, Sewer Available, Water Meter Installed, Varies By Unit
  • Laundry Features: In Hall
  • Cooling: ENERGY STAR Qualified Equipment
  • Heating Yn: Yes
  • Sewer: Public Sewer

Lot Info

  • Parcel Number: 00109609
  • Fencing: None
  • Lot Size Sq Ft: 6969.6
  • Zoning: Multi-Family Residential

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2400.77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2024
Sold by
Pershing County Treasurer
Bought by
Sierra Gold Trust and Richards
Total Days on Market
43
Current Estimated Value
$430,989

Purchase Details

Listed on
Jul 9, 2024
Closed on
Oct 3, 2024
Sold by
Sierra Gold Trust and Richards Paul
Bought by
Lara Fernando and Lara Yesenia
Seller's Agent
Austin Haller
LPT Realty, LLC
Buyer's Agent
Juan Segura
Reno Real Estate
List Price
$475,000
Sold Price
$450,000
Premium/Discount to List
-$25,000
-5.26%
Views
271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.59%
Original Mortgage
$427,500
Interest Rate
6.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2023
Sold by
Pershing County Treasurer
Bought by
Sierra Gold Trust and Richards

Purchase Details

Closed on
Nov 19, 2020
Sold by
Paul Richards Jr
Bought by
Sierra Gold Trust

Purchase Details

Closed on
Aug 6, 2015
Sold by
Lacey Donaldson
Bought by
Koontz Michael J
Source: Public Records

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 Type Sale Price Title Company
Quit Claim Deed $54,080 None Listed On Document
Quit Claim Deed $54,080 None Listed On Document
Bargain Sale Deed $450,000 Stewart Title
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $1,590,597 None Listed On Document
Warranty Deed $83,017 None Listed On Document
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $427,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2024 10/04/24 Sold $450,000 -5.3% $150 / Sq Ft
08/20/2024 08/20/24 Pending -- -- --
07/08/2024 07/08/24 For Sale $475,000 -- $158 / 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
2024 $2,537 $54,080 $5,040 $49,040
2023 $2,537 $47,307 $5,040 $42,267
2022 $2,275 $42,935 $5,040 $37,895
2021 $2,099 $42,600 $5,040 $37,560
2020 $2,116 $43,062 $5,040 $38,022
2019 $2,132 $43,507 $5,370 $38,137
2018 $2,079 $42,069 $5,370 $36,699
2017 $1,953 $41,897 $5,370 $36,527
2016 $1,946 $41,901 $5,370 $36,531
2015 $1,953 $42,085 $5,370 $36,715
2014 $1,953 $43,504 $5,370 $38,134
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 240008562

Northern Nevada Regional MLS

APN: 001-096-09