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Seller's Agent in 2024
rosabella bellamy
RE/MAX
585 Elgin Ave Reno, NV 89503
Kings Row NeighborhoodEstimated Value: $379,267
8
Beds
5
Baths
2,058
Sq Ft
$184/Sq Ft
Est. Value
Highlights
- Double Pane Windows
- Ceramic Tile Flooring
- Heating System Uses Natural Gas
- Reno High School Rated A-
- Wood Siding
- 1-Story Property
About This Home
As of April 2024INVESTORS SPECIAL!!!! This property offers a prime location with stunning views of downtown Reno. With NC mixed-use zoning, it presents a unique opportunity for either a triplex or commercial business. It's proximity to the university, hospitals, and downtown area adds to its appeal. Don't miss out on this versatile investment opportunity! This property has been a triplex, daycare, and was being converted into a restaurant. Right next door to bus stops, grocery stores, restaurants, and more!, With its prime location, you can attract tenants easily and increase rental income. Put in some hard work in renovations and the value and equity will significantly increase. Property was previously a triplex but was being converted into a restaurant.
Last Agent to Sell the Property
rosabella bellamy
RE/MAX Gold-Midtown License #S.198583 Listed on: 10/17/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,603
Year Built
- Built in 1961
Lot Details
- 7,841 Sq Ft Lot
Home Design
- Slab Foundation
- Frame Construction
- Shingle Roof
- Composition Roof
- Wood Siding
Interior Spaces
- 2,058 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Ceramic Tile Flooring
- Crawl Space
Parking
- 4 Parking Spaces
- Assigned Parking
Schools
- Elmcrest Elementary School
- Clayton Middle School
- Mc Queen High School
Utilities
- Heating System Uses Natural Gas
- Gas Water Heater
Listing and Financial Details
- Tenant pays for all utilities
- The owner pays for all utilities
- Assessor Parcel Number 00616405
Community Details
Overview
- 3 Units
- The community has rules related to covenants, conditions, and restrictions
Amenities
- No Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 17, 2023
Closed on
Apr 26, 2024
Sold by
Delpiero Lillian Francesca
Bought by
Fika Properties Llc
Seller's Agent
rosabella bellamy
RE/MAX Gold-Midtown
Buyer's Agent
Natalie Dominguez
Harcourts Vanguard
List Price
$535,000
Sold Price
$375,000
Premium/Discount to List
-$160,000
-29.91%
Views
295
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
$4,267
Avg. Annual Appreciation
0.60%
Original Mortgage
$375,000
Outstanding Balance
$368,533
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$10,734
Purchase Details
Closed on
Jan 2, 2019
Sold by
Barker Douglas T
Bought by
Piero Lillian Francesca Del
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.8%
Mortgage Type
Unknown
Purchase Details
Closed on
Nov 13, 2017
Sold by
Barker Nicole C
Bought by
Barker Douglas T
Purchase Details
Closed on
Mar 25, 2013
Sold by
Barker Doug
Bought by
Barker Nicole C
Purchase Details
Closed on
Mar 20, 2012
Sold by
Cbrm Anac Investment Development Llc
Bought by
Second Angel Bancorp
Purchase Details
Closed on
Oct 14, 2008
Sold by
Oyemi Ray
Bought by
Cbrm Anac Investment Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,500
Interest Rate
6.31%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 26, 2006
Sold by
Oyemi Ray and Owoyemi Ray
Bought by
Oyemi Ray
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
11.25%
Mortgage Type
Unknown
Purchase Details
Closed on
Feb 14, 2001
Sold by
Owoyemi Ray and Owoyemi Oladeinde
Bought by
Owoyemi Ray
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.12%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 11, 1998
Sold by
Masterson Katie M
Bought by
Owoyemi Oladeinde
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
7.17%
Mortgage Type
Commercial
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fika Properties Llc | $375,000 | First American Title | |
| Piero Lillian Francesca Del | $400,000 | First American Title Ins Co | |
| Barker Douglas T | -- | None Available | |
| Barker Nicole C | -- | None Available | |
| Barker Nicole C | $129,000 | None Available | |
| Second Angel Bancorp | $173,500 | None Available | |
| Cbrm Anac Investment Llc | -- | Chicago Title Company | |
| Oyemi Ray | -- | Stewart Title Of Northern Nv | |
| Owoyemi Ray | -- | Stewart Title Northern Nevad | |
| Owoyemi Oladeinde | $135,000 | First Centennial Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fika Properties Llc | $375,000 | |
| Previous Owner | Piero Lillian Francesca Del | $150,000 | |
| Previous Owner | Cbrm Anac Investment Llc | $279,500 | |
| Previous Owner | Oyemi Ray | $197,000 | |
| Previous Owner | Owoyemi Ray | $25,000 | |
| Previous Owner | Owoyemi Oladeinde | $101,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/30/2024 04/30/24 | Sold | $375,000 | -10.7% | $182 / Sq Ft |
| 04/12/2024 04/12/24 | Pending | -- | -- | -- |
| 04/02/2024 04/02/24 | Price Changed | $420,000 | -12.5% | $204 / Sq Ft |
| 01/26/2024 01/26/24 | Price Changed | $479,900 | -10.3% | $233 / Sq Ft |
| 10/16/2023 10/16/23 | For Sale | $535,000 | -- | $260 / Sq Ft |
Source: Northern Nevada Regional MLS
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 |
|---|---|---|---|---|
| 2026 | $1,868 | $64,994 | $39,900 | $25,094 |
| 2025 | $1,731 | $58,543 | $33,600 | $24,943 |
| 2024 | $1,731 | $56,088 | $31,500 | $24,588 |
| 2023 | $1,603 | $52,135 | $29,400 | $22,735 |
| 2022 | $1,485 | $45,737 | $27,300 | $18,437 |
| 2021 | $1,373 | $37,457 | $19,600 | $17,857 |
| 2020 | $1,345 | $37,333 | $19,600 | $17,733 |
| 2019 | $1,281 | $35,006 | $18,200 | $16,806 |
| 2018 | $2,095 | $34,340 | $18,200 | $16,140 |
| 2017 | $1,255 | $34,286 | $18,200 | $16,086 |
| 2016 | $1,248 | $34,295 | $18,200 | $16,095 |
| 2015 | $1,245 | $34,013 | $18,200 | $15,813 |
| 2014 | $1,214 | $33,167 | $18,200 | $14,967 |
| 2013 | -- | $32,712 | $18,200 | $14,512 |
Source: Public Records
Agents Affiliated with this Home
-
-
Eric Gonzales
Seller Co-Listing Agent in 2024
Eric Gonzales
RE/MAX
(775) 560-8857
4 in this area
126 Total Sales
-
Natalie Dominguez
N
Buyer's Agent in 2024
Natalie Dominguez
Harcourts Vanguard
(775) 742-1006
1 in this area
8 Total Sales
Map
Source: Northern Nevada Regional MLS
MLS Number: 230012127
APN: 006-164-05
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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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