Mike Howard
RidgeNV, LLC
(775) 414-6865
50 Total Sales
2 in MidTown
$675K - $890K Price Range
531 Mill St Reno, NV 89502
MidTown NeighborhoodEstimated Value: $920,386
5
Beds
3
Baths
2,548
Sq Ft
$361/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Landscaped
- Property is Fully Fenced
- Brick or Stone Mason
- Forced Air Heating and Cooling System
About This Home
As of December 20243-Unit Brick Investment Property Minutes Away from Reno’s Best Entertainment and Eateries This charming property with both a duplex and single family home is located just east of downtown Reno. All 3 units offer two bedrooms and one bathroom and an additional unfinished basement for renovation or storage space. Tons of opportunity for value-add with these spaces!, Each unit has wood flooring and upgraded bathroom and kitchen finishes along with new plumbing, electrical, and new windows. The property comes with ample parking with both street and alley access. The duplex has been equipped with new roofing. Leases have been a mix of short term, long term and AirBNB bookings, grossing approximately $75,000 in 2023. This property is walking distance to the Reno Riverwalk District, Greater Nevada Field, and to Reno's best eateries, coffee shops, and bars.
Last Agent to Sell the Property
Marmot Properties, LLC License #S.176875 Listed on: 10/11/2024
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,851
Year Built
- Built in 1932
Lot Details
- 6,970 Sq Ft Lot
- Property is Fully Fenced
- Landscaped
Home Design
- Brick or Stone Mason
- Slab Foundation
- Pitched Roof
- Shingle Roof
- Composition Roof
- Masonry
Interior Spaces
- 2,548 Sq Ft Home
- 2-Story Property
- Blinds
- Fire and Smoke Detector
Kitchen
- Oven
- Gas Range
Flooring
- Wood
- Laminate
Laundry
- Laundry in unit
- Washer Hookup
Parking
- 5 Parking Spaces
- Carport
- Alley Access
Schools
- Booth Elementary School
- Vaughn Middle School
- Wooster High School
Utilities
- Refrigerated Cooling System
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Separate Meters
- Individual Gas Meter
- Separate Water Meter
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 01211211
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- Net Operating Income $61,490
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 11, 2024
Closed on
Dec 2, 2024
Sold by
Wong Christopher and Wong Miasa K
Bought by
Seller's Agent
Laura Kirsch
Marmot Properties, LLC
Buyer's Agent
Dilyn Rooker
Marmot Properties, LLC
List Price
$975,000
Sold Price
$905,000
Premium/Discount to List
-$70,000
-7.18%
Views
33
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,386
Avg. Annual Appreciation
0.97%
Original Mortgage
$543,000
Outstanding Balance
$533,077
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$387,309
Purchase Details
Closed on
Aug 22, 2019
Sold by
Marek Christopher
Bought by
Wong Christopher and Wong Miasa K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,750
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Mar 27, 2007
Sold by
Montgomery Lawrence
Bought by
Beck Lori
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
6.1%
Mortgage Type
Unknown
Purchase Details
Closed on
Feb 26, 2007
Sold by
Beck Lori
Bought by
Marek Christopher
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
6.1%
Mortgage Type
Unknown
Purchase Details
Closed on
Dec 28, 1998
Sold by
Mill Street Restoration Llc
Bought by
Trc Llc
Purchase Details
Closed on
Jun 8, 1998
Sold by
Tillis Maria Pia B and E Darby Cohen A
Bought by
Mill Street Restoration Llc
Purchase Details
Closed on
Apr 6, 1995
Sold by
Lynch William J
Bought by
Lynch William J
Home Values in the Area
Average Home Value in this Area
Agents Specializing in MidTown, NV
-
Mike Howard
-
Becky Patterson
Becky Patterson
RE/MAX Gold-Midtown
(775) 636-7898
55 Total Sales
1 in MidTown
$475,000 Price
-
J.P. Menante
J.P. Menante
Dickson Realty - Downtown
(775) 305-7967
93 Total Sales
2 in MidTown
$845K - $990K Price Range
-
Mark Ashworth
Mark Ashworth
L. Lance Gilman Real Estate
(775) 430-4142
17 Total Sales
1 in MidTown
$570,000 Price
-
Andrea Cassidy
Andrea Cassidy
PMI Reno
(775) 514-8047
20 Total Sales
1 in MidTown
$625,000 Price
-
Esther Martinez-Mendoza
Esther Martinez-Mendoza
Century 21 Sonoma Realty
(775) 403-5252
173 Total Sales
1 in MidTown
$775,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $905,000 | Stewart Title | ||
| Wong Christopher | $489,000 | Ticor Title Reno | |
| Beck Lori | -- | First American Title | |
| Marek Christopher | $345,000 | First American Title | |
| Trc Llc | $300,000 | First Centennial Title Co | |
| Mill Street Restoration Llc | $325,000 | First American Title Co | |
| Lynch William J | -- | First American Title Co | |
| Tillis Maria Pia B | -- | First American Title Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $543,000 | ||
| Previous Owner | Wong Christopher | $366,750 | |
| Previous Owner | Marek Chris J | $69,000 | |
| Previous Owner | Marek Christopher | $276,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/16/2024 12/16/24 | Sold | $905,000 | -4.7% | $355 / Sq Ft |
| 11/04/2024 11/04/24 | Pending | -- | -- | -- |
| 10/28/2024 10/28/24 | Price Changed | $950,000 | -2.6% | $373 / Sq Ft |
| 10/10/2024 10/10/24 | For Sale | $975,000 | -- | $383 / Sq Ft |
Source: Northern Nevada Regional MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | -- | $103,788 | $62,598 | $41,190 |
| 2024 | $1,851 | $100,218 | $59,500 | $40,718 |
| 2023 | $1,712 | $98,398 | $61,670 | $36,728 |
| 2022 | $1,563 | $78,870 | $48,650 | $30,220 |
| 2021 | $1,449 | $64,011 | $35,420 | $28,591 |
| 2020 | $1,364 | $59,862 | $31,395 | $28,467 |
| 2019 | $1,326 | $57,245 | $29,960 | $27,285 |
| 2018 | $1,296 | $45,015 | $18,900 | $26,115 |
| 2017 | $1,244 | $40,089 | $14,175 | $25,914 |
| 2016 | $1,217 | $39,407 | $14,175 | $25,232 |
| 2015 | $1,224 | $39,269 | $14,175 | $25,094 |
| 2014 | $1,186 | $33,073 | $9,345 | $23,728 |
| 2013 | -- | $30,549 | $7,665 | $22,884 |
Source: Public Records
Agents Affiliated with this Home
-
Laura Kirsch
Seller's Agent in 2024
Laura Kirsch
Marmot Properties, LLC
(775) 391-9076
17 in this area
220 Total Sales
-
Dilyn Rooker
Buyer's Agent in 2024
Dilyn Rooker
Marmot Properties, LLC
(775) 450-7994
5 in this area
106 Total Sales
Map
Source: Northern Nevada Regional MLS
MLS Number: 240013036
APN: 012-112-11
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.
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. © 2026 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved.
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