Seller's Agent in 2023
Ken Lund
Ferrari-Lund Real Estate South
(775) 870-6332
4 in this area
136 Total Sales
624 Thoma St Reno, NV 89502
Wells Avenue District NeighborhoodEstimated Value: $463,678 - $611,000
4
Beds
2
Baths
1,420
Sq Ft
$402/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Refrigerated Cooling System
- Drip System Landscaping
- Double Pane Windows
- Shed
- Geothermal Heating and Cooling
About This Home
As of November 2023Rare opportunity to purchase two single family homes on one parcel near Midtown. Great for purchasers who want to live in one and rent out the other. Both homes have brand new roofs (2023). Main home has been attractively remodeled with wood floors and new interior and exterior paint. The renovated kitchen features stainless steel appliances, tile backsplash, butcher-block counters, and new Shaker cabinetry with lots of sliding shelves. The backyard is spacious with a large chicken coop and garden boxes., Remodeled bathroom in main unit with floor-to-ceiling tile shower. Large storage garage with washer and dryer and long driveway with carport. Lutron light switches in the home. 626 Thoma is a cute one-bedroom unit with its own parking space. It also has a new roof, freshly cleaned carpet, and new interior and exterior paint. Electrical panels for both homes are on breakers. Homes have great proximity to Midtown, Renown Medical Center, and the VA Medical Center. Close to restaurants, coffee shops, taverns, and entertainment. Enjoy Nevada's tax advantages and be close to the Sierra Nevada range and Lake Tahoe. Water and sewer are not split and were paid in full by owner. Electric and gas are on split meters. Waste was split, but owner covered cost of waste for both units.
Last Agent to Sell the Property
Ferrari-Lund Real Estate South License #BS.144762 Listed on: 10/13/2023
Last Buyer's Agent
Anthony LaRocca
LPT Realty, LLC License #S.199533
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,127
Year Built
- Built in 1959
Lot Details
- 6,970 Sq Ft Lot
- Back Yard Fenced
- Drip System Landscaping
- Front and Back Yard Sprinklers
Home Design
- Duplex
- Frame Construction
- Pitched Roof
- Shingle Roof
- Composition Roof
- Asbestos
Interior Spaces
- 1,420 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Vinyl Clad Windows
- Blinds
- Crawl Space
- Fire and Smoke Detector
Kitchen
- Oven
- Gas Range
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Vinyl
Laundry
- Laundry in Garage
- Laundry in Kitchen
- Dryer
- Washer
Parking
- 3 Parking Spaces
- Carport
Outdoor Features
- Shed
Schools
- Booth Elementary School
- Vaughn Middle School
- Wooster High School
Utilities
- Refrigerated Cooling System
- Central Air
- Heating System Uses Natural Gas
- Heat Pump System
- Geothermal Heating and Cooling
- Separate Meters
- Master Meter
- Individual Gas Meter
- Gas Water Heater
- Internet Available
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tenant pays for all utilities
- Assessor Parcel Number 01312305
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- Vacancy Allowance $1,890
- Net Operating Income $31,128
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 13, 2023
Closed on
Nov 20, 2023
Sold by
Unknown
Bought by
Jackson Jenifer
Seller's Agent
Ken Lund
Ferrari-Lund Real Estate South
Buyer's Agent
Anthony LaRocca
LPT Realty, LLC
List Price
$650,000
Sold Price
$610,000
Premium/Discount to List
-$40,000
-6.15%
Views
65
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
-$39,830
Avg. Annual Appreciation
-2.91%
Original Mortgage
$488,000
Outstanding Balance
$478,778
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$91,392
Purchase Details
Closed on
Jan 30, 2020
Sold by
Dory Yvonne E
Bought by
Knight Cody Leroy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,439
Interest Rate
3.62%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 16, 2020
Sold by
Truss Steve
Bought by
Truss Pamela E Dory
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,439
Interest Rate
3.62%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 16, 2018
Sold by
Smith Jared
Bought by
Smith Jared Jason and The Jared Jason Smith Revocable Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jackson Jenifer | $610,000 | First American Title | |
| Knight Cody Leroy | $307,000 | First Centennial Reno | |
| Truss Pamela E Dory | -- | First Centennial Ttl Co Of N | |
| Smith Jared Jason | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jackson Jenifer | $488,000 | |
| Previous Owner | Knight Cody Leroy | $301,439 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/27/2023 11/27/23 | Sold | $610,000 | -0.8% | $430 / Sq Ft |
| 10/25/2023 10/25/23 | Pending | -- | -- | -- |
| 10/19/2023 10/19/23 | Price Changed | $615,000 | -5.4% | $433 / Sq Ft |
| 10/12/2023 10/12/23 | For Sale | $650,000 | -- | $458 / 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 | $1,189 | $74,829 | $55,195 | $19,634 |
| 2024 | $1,159 | $74,432 | $55,195 | $19,237 |
| 2023 | $1,127 | $75,273 | $57,505 | $17,768 |
| 2022 | $1,044 | $60,176 | $45,675 | $14,501 |
| 2021 | $966 | $45,877 | $31,465 | $14,412 |
| 2020 | $908 | $41,396 | $26,950 | $14,446 |
| 2019 | $866 | $39,680 | $25,690 | $13,990 |
| 2018 | $842 | $30,132 | $16,450 | $13,682 |
| 2017 | $818 | $30,170 | $16,450 | $13,720 |
| 2016 | $810 | $28,300 | $14,420 | $13,880 |
| 2015 | $206 | $24,298 | $10,430 | $13,868 |
| 2014 | $772 | $22,393 | $9,100 | $13,293 |
| 2013 | -- | $20,231 | $7,000 | $13,231 |
Source: Public Records
Agents Affiliated with this Home
-
Ken Lund
-
Alicia Lund
Seller Co-Listing Agent in 2023
Alicia Lund
Ferrari-Lund Real Estate South
(775) 870-6332
3 in this area
85 Total Sales
-
A
Buyer's Agent in 2023
Anthony LaRocca
LPT Realty, LLC
Map
Source: Northern Nevada Regional MLS
MLS Number: 230011981
APN: 013-123-05
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