NOT LISTED FOR SALE

Estimated Value: $364,000 - $488,000

4 Beds
4 Baths
1,625 Sq Ft
$269/Sq Ft Est. Value

Last Sold June 15, 2020

Last sale price $365,000 $225 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,499/month

4 Days on Market

Highlights

  • Fireplace
  • Forced Air Heating and Cooling System
  • Laundry Room
  • Double Pane Windows
  • Patio
  • Solar Water Heater

About This Home

As of June 2020

You can have your cake and eat it too!! Enjoy the best of both worlds this ( MUD SPKS - MIXED USE DEVELOPMENT ) give you the opportunity to live or have your office space in one unit and enjoy the income of the other rented unit. Excellent central location close to shopping, schools & 1-80 for an easy commute. The back unit is in a new i year lease and the front unit's lease is up 5/16 and will be available for its new occupant 100% rented brings a 9.49 CAP Rate

Last Listed By

Jennifer Colley

LPT Realty, LLC License #BS.145423 Listed on: 04/17/2020

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $615

Year Built

  • Built in 1913

Lot Details

  • 4,792 Sq Ft Lot
  • Back and Front Yard Fenced
  • Landscaped
  • Sprinkler System

Home Design

  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Composition Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,625 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Blinds
  • Crawl Space

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Laundry

  • Laundry Room
  • Laundry in Hall
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Parking Spaces Included

Eco-Friendly Details

  • Solar Water Heater
  • Solar Heating System
  • Cooling system powered by active solar

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Evaporated cooling system
  • Cooling System Utilizes Natural Gas
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Separate Meters
  • Natural Gas Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Utilities Included
  • Assessor Parcel Number 03318411

Community Details

Overview

  • 2 Units
  • F Street Community

Additional Features

  • Community Storage Space
  • Net Operating Income $35,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$615

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Type Of Property: Duplex, Triplex, 4-Plex
  • Extended Remarks: You can rent it out, Have an amazing office space or owner occupy. Property is fully fenced and separate fencing is in place that separates the back unit from the front unit. The back unit has a storage shed in addition to another studio unit which can be use as a home office, art studio, Man Cave, She Shed you name it the possibilities or unlimited. This is a very unique property and has amazing opportunity.
  • Lvt Date: 04/17/2020
  • Year Built: 1913
  • Access Type: Public
  • ADA Compliant: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal, Dryer, Dishwasher, Oven/Range, Refrigerator, Varies Per Unit, Washer
  • Water Heater: Electric, Natural Gas, Solar
  • Flooring: Carpet, Laminate, Varies By Unit
  • Price Per Sq Ft: 224.62
  • Sold Price Per Sq Ft: 224.62
  • Source Of Sq Ft: Assessor
  • Gross Sq Ft: 1625

Exterior Features

  • Windows: Combo/Varies, Double Pane, Vinyl Frame
  • Construction: Wood Frame
  • Exterior: Brick, Wood Siding
  • Fenced: Back, Front, Full
  • Foundation: Concrete/Crawl Space, Post & Pier
  • Landscaped: Fully Landscaped, Yes
  • Roof: Composition/Shingle, Pitched
  • Stories: 1 Story

Garage/Parking

  • Total Parking Capacity: 2
  • Parking Capacity Per Unit: 2

Utilities

  • Sprinklers: Yes
  • Heating Cooling: Air Unit, Baseboard, Electric, Evap Cooling, Natural Gas, Solar, Fireplace, Wall Heater, Varies By Unit
  • Internet: Yes
  • Utilities: Cable, City/County Water, Cellular Coverage Avail, City Sewer, Electricity, Internet Available, Natural Gas
  • Facility Features: Landlord Pays Utilities, Separate Heating/Cooling, Separate Meters-Electric, Separated Meters-Gas, Separate Water Heaters, Tenant Pays Utilities
  • Laundry: Hall, Separate, Varies Per Unit

Condo/Co-op/Association

  • Common Features: Storage Shed
  • Complex Name: F Street

Lot Info

  • Acreage: 0.11
  • Parcel Number: 03318411
  • Zoning Actual: MUD

Green Features

  • Green Features: Double Pane Windows, Solar HVAC, Solar Water Heater

Rental Info

  • Current Lease: Leases

Tax Info

  • Taxes Dollar: 615.42

Multi Family

  • Annual Expenses: 2200
  • Gross Scheduled Income: 37200
  • Number Units: 2
  • Unit Features: Blinds/Shades, Patio/Deck, Varies Per Unit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2020
Closed on
Jun 5, 2020
Sold by
Murphy Molly
Bought by
Perea Daniel J
Seller's Agent
Jennifer Colley
LPT Realty, LLC
Buyer's Agent
Ed Scott
Ferrari-Lund Real Estate Reno
List Price
$369,000
Sold Price
$365,000
Premium/Discount to List
-$4,000
-1.08%
Total Days on Market
4
Current Estimated Value
$436,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,943
Avg. Annual Appreciation
3.73%
Original Mortgage
$351,515
Interest Rate
3.2%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 3, 2019
Sold by
Marin-Herrera Adriana and Singh Sukhjit
Bought by
Murphy Molly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2015
Sold by
Marin Herrera Adriana
Bought by
Marin Herrera Adriana and Singh Sukhjit

Purchase Details

Closed on
Oct 22, 2004
Sold by
Souther Karen M
Bought by
Marin Herrera Adriana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,510
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 17, 2003
Sold by
The Roman Catholic Bishop Of Reno
Bought by
Souther Karen M

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Perea Daniel J $365,000 Toiyabe Title
Murphy Molly $300,000 First Centennial Reno
Marin Herrera Adriana -- None Available
Marin Herrera Adriana $146,000 First Centennial Title Co
Souther Karen M $315,000 First Centennial Title Co
The Roman Catholic Bishop Of Reno $315,000 First Centennial Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perea Daniel J $344,000
Closed Perea Daniel J $351,515
Previous Owner Murphy Molly $255,000
Previous Owner Marin Herrera Andrian $240,000
Previous Owner Marin Herrera Adriana $202,500
Previous Owner Marin Herrera Adriana $54,000
Previous Owner Marin Herrera Adriana $138,510
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2020 06/15/20 Sold $365,000 -1.1% $225 / Sq Ft
04/21/2020 04/21/20 Pending -- -- --
04/17/2020 04/17/20 For Sale $369,000 -- $227 / 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 $908 $53,921 $31,675 $22,246
2024 $908 $49,831 $27,860 $21,971
2023 $882 $50,947 $30,625 $20,322
2022 $859 $39,225 $22,680 $16,545
2021 $834 $32,471 $16,275 $16,196
2020 $1,981 $31,759 $15,820 $15,939
2019 $786 $28,732 $13,615 $15,117
2018 $750 $24,722 $10,220 $14,502
2017 $615 $23,656 $12,600 $11,056
2016 $602 $21,111 $10,080 $11,031
2015 $601 $18,287 $7,245 $11,042
2014 $582 $16,567 $6,300 $10,267
2013 -- $15,479 $5,544 $9,935
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 200004839

Northern Nevada Regional MLS

APN: 033-184-11