$59,500
SOLD OCT 29, 2020

567 W 4th St Unit 1005 Reno, NV 89503

Downtown Reno Neighborhood
1 Bed
1 Bath
549 Sq Ft
$2,200/mo HOA Fee

Recently Sold

$108 Per Sq Ft

8% Below List Price

29 Days on Market

Highlights

  • Fitness Center
  • Unit is on the top floor
  • City View
  • Reno High School Rated A
  • Gated Community
  • Clubhouse

About This Home

As of February 2021

Cozy condo unit located on the 10th floor! This secured building is near the heart of downtown, providing storage space on site, a gym on the second floor, a pool, common laundry, and designated parking. Just minutes away from the entertainment, food, and culture of downtown, grocery stores, and convenience stores, this unit is sure to give a feeling of complete satisfaction. About 3 blocks from the Truckee River, and the endless fun to be had there. Come take a look at your new home today!

Last Agent to Sell the Property

Terry Rasner-Yacenda

Reno/Tahoe Realty Group, LLC License #B.0143016 Listed on: 07/09/2020

Last Buyer's Agent

Diana Fitzpatrick

Wedgewood Homes Realty License #B.144003

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $314

Year Built

  • Built in 1973

Lot Details

  • Property fronts a private road
  • Security Fence
  • Property is Fully Fenced

HOA Fees

Parking

  • 1 Car Garage
  • Tuck Under Parking

Home Design

  • Brick or Stone Mason
  • Slab Foundation
  • Tar and Gravel Roof
  • Masonry

Interior Spaces

  • 549 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Open Floorplan
  • Carpet
  • City Views
  • Laundry Room

Kitchen

  • Microwave
  • Dishwasher
  • No Kitchen Appliances

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Location

  • Unit is on the top floor

Schools

  • Elmcrest Elementary School
  • Clayton Middle School
  • Reno High School

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Auction
  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 00744512

Community Details

Overview

  • $100 HOA Transfer Fee
  • Reno Property Management Association, Phone Number (775) 329-7070
  • On-Site Maintenance
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$314

Year Built

Built in 1973

Lot Details

0

HOA Fees

$2,200 per month

Parking

1

Listing Details

  • Year Built: 1973
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Horses: No
  • Lot Features: Level
  • Road Frontage Type: Private Road, Other
  • Has View?: Yes
  • Security Features: Security Fence
  • Association Amenities: Fitness Center, Gated, Maintenance Grounds, Maintenance Structure, Pool, Storage, Clubhouse/Recreation Room
  • Association Fees: 1100.0
  • Association Fee Frequency: Monthly
  • Has H O A?: Yes
  • Co List Office Mls Id: 1785-o
  • Co List Office Phone: 775-473-8899
  • Special Conditions: Auction, Real Estate Owned
  • Directions: Ralston
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Living Area: 549.0
  • Property Attached Yn: Yes
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Elmcrest
  • Tax Legal Middle Or Junior School2: Clayton
  • Tax Legal High School: Reno
  • Tax Legal Tax Annual Amount: 313.77
  • Tax Legal Zoning4: MUDR
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 1100.0
  • Building Stories5: 1
  • Building Property Attached Y N: Yes
  • Building Home Warranty Y N: No
  • Lot Horse Y N2: No
  • Association Details Transfer Fee: 100.0
  • Lot View Y N2: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Lot Features Level: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Cooling Refrigerated: Yes
  • Fencing Full2: Yes
  • Appliances Microwave: Yes
  • Association Amenities Fitness Center: Yes
  • Association Amenities Gated: Yes
  • Association Amenities Maintenance Grounds: Yes
  • Association Amenities Clubhouse Recreation Room: Yes
  • Security Features Security Fence: Yes
  • Water Heater Gas5: Yes
  • Construction Materials Brick: Yes
  • Association Amenities Storage: Yes
  • Association Amenities Maintenance Structure: Yes
  • Typeof Construction Masonry4: Yes
  • Road Frontage Type Private Road: Yes
  • Road Responsibility Private Maintained Road: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: Reno Property Management
  • Association Details Management Company Phone5: 775-329-7070
  • Special Listing Conditions Real Estate Owned: Yes
  • Appliances None2: Yes
  • Special Listing Conditions Auction: Yes
  • Special Features: 1088
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, None
  • Flooring: Carpet
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Window Features: Double Pane Windows
  • Interior Living Area4: 549.0
  • Interior Fireplace Y N: No
  • Flooring Carpet: Yes
  • Window Features Double Pane Windows: Yes
  • Dining Room Features Living Room Combination: Yes
  • Primary Bedroom Features Tub Shower Combination: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Dining Room Features Kitchen Combination: Yes
  • Kitchen Features Built- In Microwave: Yes
  • Unit Level Top Floor: Yes
  • Living Room Features Dining Room Combination: Yes
  • Laundry Features Common Area2: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Tar/Gravel
  • Stories: 1
  • View: City
  • Construction Type: Brick
  • Foundation Details: Slab
  • Association Amenities Pool: Yes
  • Roof Tar Gravel: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Garage Spaces: 1.0
  • Has Attached Garage?: Yes
  • Parking Features: Garage, Under Building
  • Total Parking Spaces: 1.0
  • Parking Information Garage Y N: Yes
  • Parking Information Garage Spaces: 1.0
  • Parking Information Carport Y N: No
  • Parking Information Parking Total: 1.0
  • Parking Features Garage: Yes
  • Parking Features Under Building: Yes

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: Common Area
  • Cooling: Central Air, Refrigerated
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Cooling Y N3: Yes
  • Utilities Heating Y N3: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Heating Forced Air: Yes
  • Water Source Public: Yes

Schools

  • Middle Or Junior School: Clayton

Lot Info

  • Parcel Number: 00744512
  • Fencing: Full
  • Zoning: MUDR

Tax Info

  • Tax Annual Amount: 313.77

MLS Schools

  • Elementary School: Elmcrest
  • HighSchool: Reno

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2023
Sold by
Mitchell Bautista Morta Living Trust
Bought by
Morta Mitchell Bautista
Current Estimated Value
$132,260

Purchase Details

Listed on
Dec 4, 2020
Closed on
Jan 28, 2021
Sold by
Catamount Properties 2018 Llc
Bought by
Morta Mitchell
Seller's Agent
Jessica Hodges
Real Broker LLC
Buyer's Agent
Aaron Coombs
LPT Realty, LLC
List Price
$149,900
Sold Price
$129,900
Premium/Discount to List
-$20,000
-13.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.72%

Purchase Details

Listed on
Jul 9, 2020
Closed on
Oct 29, 2020
Sold by
The Bank Of New York Mellon
Bought by
Catamount Properties 2018 Llc
Seller's Agent
Terry Rasner-Yacenda
Reno/Tahoe Realty Group, LLC
Buyer's Agent
Diana Fitzpatrick
Wedgewood Homes Realty
List Price
$65,000
Sold Price
$59,500
Premium/Discount to List
-$5,500
-8.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1702.59%

Purchase Details

Closed on
Feb 6, 2017
Sold by
Tower Mervelyn S
Bought by
The Bank Of New Yrok Mellom and The Bank Of New York

Purchase Details

Closed on
Mar 21, 2006
Sold by
Tower Mervelyn S
Bought by
Tower Mervelyn S and Mervelyn S Tower Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 20, 2006
Sold by
Tower Mervelyn S
Bought by
Tower Mervelyn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 20, 2006
Sold by
Reno Sierra Vista Partners Llc
Bought by
Tower Mervelyn S and Mervelyn S Tower Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 8, 2003
Sold by
Fairmont Investment Llc
Bought by
Sierra Vista Tower Reno Llc
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 -- None Listed On Document
Bargain Sale Deed $129,900 Western Title Company
Bargain Sale Deed $59,500 Premium Title Agency Inc
Trustee Deed $187,000 Premium Title Tsg
Interfamily Deed Transfer -- Stewart Title Of Northern Nv
Interfamily Deed Transfer -- Stewart Title Of Northern Nv
Bargain Sale Deed $225,000 Stewart Title Of Northern Nv
Grant Deed $1,435,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $180,000 Fannie Mae Freddie Mac
Previous Owner $135,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2021 02/04/21 Sold $129,900 0.0% $237 / Sq Ft
01/14/2021 01/14/21 Pending -- -- --
01/13/2021 01/13/21 Price Changed $129,900 -13.3% $237 / Sq Ft
12/04/2020 12/04/20 For Sale $149,900 +151.9% $273 / Sq Ft
10/29/2020 10/29/20 Sold $59,500 -8.5% $108 / Sq Ft
08/07/2020 08/07/20 Pending -- -- --
07/09/2020 07/09/20 For Sale $65,000 -- $118 / 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 $379 $26,049 $8,820 $17,229
2024 $379 $26,244 $8,050 $18,194
2023 $370 $24,664 $7,438 $17,227
2022 $347 $21,040 $6,125 $14,915
2021 $335 $20,005 $4,900 $15,105
2020 $936 $20,707 $4,900 $15,807
2019 $314 $20,087 $4,550 $15,537
2018 $256 $15,443 $3,675 $11,768
2017 $254 $8,996 $3,325 $5,671
2016 $997 $9,137 $3,325 $5,812
2015 $965 $7,340 $1,820 $5,520
2014 $695 $5,375 $910 $4,465
2013 -- $7,407 $2,975 $4,432
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 200009140

Northern Nevada Regional MLS

APN: 007-445-12