NOT LISTED FOR SALE

650 Lancaster Dr Reno, NV 89506

Raleigh Heights Neighborhood

Estimated Value: $414,000 - $432,000

3 Beds
2 Baths
1,305 Sq Ft
$324/Sq Ft Est. Value

Sale Details

Date Sold: December 18, 2025

Last sale price $430,000 $330 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,309 / mo

20 Days on Market

Highlights

  • Recreation Room
  • Great Room
  • Double Pane Windows
  • Separate Formal Living Room
  • No HOA
  • Breakfast Bar

About This Home

As of December 2025

Here is a wonderfully remodeled home on a level lot in a quiet neighborhood.

Last Agent to Sell the Property

Sam Stout

LPT Realty, LLC License #S.201847 Listed on: 10/28/2025

LPT Realty, LLC

Last Buyer's Agent

Regina Lockwood

Ferrari-Lund Real Estate Reno License #S.169383

Ferrari-Lund Real Estate Reno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $850

Year Built

  • Built in 1966

Lot Details

  • 9,583 Sq Ft Lot
  • Property is Fully Fenced
  • Property is zoned SF8

Parking

  • 2 Car Garage

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Stick Built Home

Interior Spaces

  • 1,305 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Great Room
  • Family Room
  • Separate Formal Living Room
  • Recreation Room
  • Bonus Room
  • Luxury Vinyl Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Smith Elementary School
  • Obrien Middle School
  • North Valleys High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 082-373-25

Community Details

Overview

  • No Home Owners Association
  • Reno Community
  • Raleigh Heights 3 Subdivision

Amenities

  • No Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$850

Year Built

Built in 1966

Lot Details

9,583 Sq Ft Lot

Parking

2

Listing Details

  • Year Built: 1966
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Size Acres: 0.22
  • Road Frontage Type: City Street
  • Is Senior Community?: No
  • Security Features: Smoke Detector(s)
  • Has H O A?: No
  • Co List Office Mls Id: 2713-o
  • Co List Office Phone: 775-544-1328
  • Special Conditions: Agent Owned
  • Subdivision Name: Raleigh Heights 3
  • Has Cooling?: No
  • Has Fireplace?: No
  • Living Area: 1305.0
  • Is New Construction?: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Smith, Alice
  • Tax Legal Middle Or Junior School2: OBrien
  • Tax Legal High School: North Valleys
  • Tax Legal Tax Annual Amount: 850.0
  • Tax Legal Zoning4: SF8
  • Association Community Association Y N3: No
  • Building Stories5: 1
  • Lot Lot Size Acres2: 0.22
  • Lot Lot Size Square Feet2: 9583.2
  • Lot Horse Y N2: No
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Appliances Disposal: Yes
  • Fencing Full2: Yes
  • Security Features Smoke Detector(s): Yes
  • Water Heater Gas5: Yes
  • Other Rooms Bonus Room2: Yes
  • Association Community Senior Community Y N3: No
  • Other Rooms Recreation Room4: Yes
  • Appliances Included As Personal Property Oven2: Yes
  • Building New Construction Y N3: No
  • Levels One: Yes
  • Tax Legal Community Name5: Reno
  • Common Walls No Common Walls: Yes
  • Miscellaneous Zoning Info Historical District Y N: No
  • Foundation Details Concrete Perimeter: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Oven
  • Flooring: Luxury Vinyl
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Kitchen Island, Pantry
  • Window Features: Double Pane Windows
  • Interior Living Area4: 1305.0
  • Interior Fireplace Y N: No
  • Interior Features Breakfast Bar: Yes
  • Window Features Double Pane Windows: Yes
  • Family Room Features Separate Formal Room3: Yes
  • Kitchen Features Breakfast Bar2: Yes
  • Living Room Features Family Room Combination: Yes
  • Living Room Features Great Room3: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Interior Features Kitchen Island: Yes
  • Kitchen Features Kitchen Island2: Yes
  • Kitchen Features Built- In Single Oven: Yes
  • Laundry Features None15: Yes
  • Flooring Luxury Vinyl: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Asphalt
  • Stories: 1
  • Common Walls: No Common Walls
  • Construction Type: Unknown
  • Foundation Details: Concrete Perimeter
  • Other Structures: None
  • Roof Asphalt3: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Garage Spaces: 2.0
  • Has Attached Garage?: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.0
  • Parking Information Garage Y N: Yes
  • Parking Information Garage Spaces: 2.0
  • Parking Information Parking Total: 2.0
  • Parking Features Garage: Yes

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Available, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: None
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Cooling Y N3: No
  • Utilities Heating Y N3: Yes
  • Utilities Sewer Available: Yes
  • Heating Forced Air: Yes
  • Water Source Public: Yes
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Water Connected: Yes
  • Utilities Natural Gas Connected: Yes

Schools

  • Middle Or Junior School: OBrien

Lot Info

  • Parcel Number: 082-373-25
  • Fencing: Full
  • Lot Size Sq Ft: 9583.2
  • Zoning: SF8

Tax Info

  • Tax Annual Amount: 850.0

MLS Schools

  • Elementary School: Smith, Alice
  • HighSchool: North Valleys

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2025
Closed on
Dec 15, 2025
Sold by
Park St Llc
Bought by
Mallum Katie
Seller's Agent
Sam Stout
LPT Realty, LLC
Buyer's Agent
Regina Lockwood
Ferrari-Lund Real Estate Reno
List Price
$440,000
Sold Price
$430,000
Premium/Discount to List
-$10,000
-2.27%
Views
111
Current Estimated Value
$422,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,383
Avg. Annual Appreciation
-6.21%
Original Mortgage
$430,000
Outstanding Balance
$430,000
Interest Rate
6.22%
Mortgage Type
New Conventional
Estimated Equity
-$7,383

Purchase Details

Closed on
Aug 22, 2025
Sold by
Giles Penirose and Giles Joseph W
Bought by
Park St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2020
Sold by
Magrini Beatrice L
Bought by
Giles Penirose and Giles Joseph W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,019
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 27, 1998
Sold by
Va
Bought by
Magrini Armand A and Magrini Beatrice L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,550
Interest Rate
6.75%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 4, 1997
Sold by
Armstrong Michael J and Armstrong Deborah J
Bought by
Union Planters National Bank

Purchase Details

Closed on
May 12, 1997
Sold by
Union Planters Mtg
Bought by
Va
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mallum Katie $430,000 Core Title Group
Park St Llc $265,500 Core Title Group
Giles Penirose $275,000 First American Title Reno
Magrini Armand A -- --
Union Planters National Bank $88,136 First American Title Co
Va -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mallum Katie $430,000
Previous Owner Park St Llc $320,000
Previous Owner Giles Penirose $270,019
Previous Owner Magrini Armand A $83,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2025 12/18/25 Sold $430,000 -2.3% $330 / Sq Ft
10/28/2025 10/28/25 For Sale $440,000 -- $337 / 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 $637 $51,101 $32,970 $18,131
2025 $829 $49,644 $31,640 $18,004
2024 $806 $47,898 $30,030 $17,868
2023 $806 $46,976 $30,590 $16,386
2022 $782 $38,766 $25,480 $13,286
2021 $760 $29,753 $16,870 $12,883
2020 $736 $30,034 $17,290 $12,744
2019 $1,216 $27,934 $15,645 $12,289
2018 $694 $23,512 $11,690 $11,822
2017 $1,561 $21,179 $9,415 $11,764
2016 $1,553 $19,134 $7,385 $11,749
2015 $1,509 $18,239 $6,125 $12,114
2014 $1,515 $17,824 $5,705 $12,119
2013 -- $16,794 $4,165 $12,629
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2025

    Sam Stout

    LPT Realty, LLC

    (775) 237-2172

    2 in this area

    57 Total Sales

    Sam Stout
    Section Image
  • Regina Lockwood

    Buyer's Agent in 2025

    Regina Lockwood

    Ferrari-Lund Real Estate Reno

    (775) 688-4000

    1 in this area

    52 Total Sales

    Regina Lockwood
    Section Image
See All Agents

Map

Source: Northern Nevada Regional MLS

MLS Number: 250057569

Northern Nevada Regional MLS

APN: 082-373-25

Nevada Washoe County Reno 89506 Raleigh Heights

650 Lancaster Dr, Reno, NV

Not Listed for Sale

Detached

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.

Northern Nevada Regional MLS 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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.