NOT LISTED FOR SALE

740 Marsh Ave Reno, NV 89509

MidTown Neighborhood

Estimated Value: $770,452 - $1,031,000

5 Beds
2 Baths
2,309 Sq Ft
$403/Sq Ft Est. Value

Last Sold September 04, 2018

Last sale price $665,000 $288 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $5,017/month

2 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Corner Lot
  • Jessie Beck Elementary School Rated A-
  • Main Floor Bedroom
  • No HOA

About This Home

As of September 2018

Located in one of the most sought after locations in Reno, this Newlands Terrace white brick charmer is both Old World and new. It begins with a drive up a one-way street lined with towering, mature trees. Multiple trees surround the house, but the large Cedar of Lebanon in the front yard is a sight to behold. Inside the home, you're greeted with a formal living space with refinished hardwood floors, crown molding, wainscoting and wood-burning fireplace., With the kitchen just around the corner and a family room off the back, 740 Marsh is an ideal spot for entertaining. Downstairs there are two bedrooms and a bathroom (with superb potential to be converted into a master suite). Upstairs there is one bath and three unique bedrooms -- each with its own set of nooks and crannies, including built ins, cupboards and window seats.The backyard is shaded by large trees and has a nice-sized patio. The yard also has space for a garage addition off of the alley. Don't miss out on an opportunity of a lifetime! Homes in this area, especially on one-way streets, rarely come available.

Last Agent to Sell the Property

Tasha Rossi

Ferrari-Lund Real Estate Reno License #S.179775 Listed on: 08/15/2018

Ferrari-Lund Real Estate Reno

Co-Listed By

Justin Rossi

Ferrari-Lund Real Estate Reno License #BS.145859

Last Buyer's Agent

Jennifer Vannoy

Elite Residential Real Estate License #B.1002406

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,391

Year Built

  • Built in 1928

Lot Details

  • 5,227 Sq Ft Lot
  • Back Yard Fenced
  • Landscaped
  • Corner Lot
  • Level Lot
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Property is zoned sf6

Home Design

  • Brick or Stone Mason
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 2,309 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Vinyl Clad Windows
  • Drapes & Rods
  • Blinds
  • Wood Frame Window
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 2 Fireplaces
  • Finished Basement
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Shelves in Laundry Area

Outdoor Features

  • Fuel Available
  • Patio
  • Storage Shed

Schools

  • Beck Elementary School
  • Swope Middle School
  • Reno High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 01120225

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,391

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Year Built: 1928
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Corner Lot, Landscaped, Level, Sprinklers In Front
  • Lot Size Acres: 0.12
  • Road Frontage Type: Other
  • Security Features: Smoke Detector(s)
  • Association Amenities: None
  • Has H O A?: No
  • Co List Office Mls Id: 2008-o
  • Co List Office Phone: 775-636-6767
  • Co List Office Mls Id: 643-o
  • Co List Office Phone: 775-688-4000
  • Directions: California to Nixon
  • Has Cooling?: Yes
  • Has Fireplace?: Yes
  • Living Area: 2309.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Beck
  • Tax Legal Middle Or Junior School2: Swope
  • Tax Legal High School: Reno
  • Tax Legal Tax Annual Amount: 1391.28
  • Tax Legal Zoning4: sf6
  • Association Community Association Y N3: No
  • Building Stories5: 2
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 0.12
  • Lot Lot Size Square Feet2: 5227.2
  • Lot Horse Y N2: No
  • Fencing Back Yard: Yes
  • Lot Features Landscaped: Yes
  • Foundation Details Crawl Space: Yes
  • Lot Features Level: Yes
  • Lot Features Sprinklers In Front: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Sprinklers Front: Yes
  • Typeof Construction Site Stick- Built: Yes
  • Water Heater Electric5: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Appliances Disposal: Yes
  • Outdoor Living Spaces Patio2: Yes
  • Personal Property Included Storage Shed: Yes
  • Security Features Smoke Detector(s): Yes
  • Appliances Microwave: Yes
  • Sprinklers Automatic: Yes
  • Lot Features Corner Lot: Yes
  • Construction Materials Brick: Yes
  • Other Rooms Finished Basement: Yes
  • Appliances Electric Range: Yes
  • Appliances Included As Personal Property Electric Cooktop2: Yes
  • Appliances Electric Oven: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Microwave, Refrigerator
  • Flooring: Carpet, Ceramic Tile, Wood
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplaces: 2
  • Window Features: Blinds, Double Pane Windows, Drapes, Rods, Single Pane Windows, Vinyl Frames, Wood Frames
  • Interior Living Area4: 2309.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Fireplace Features Living Room: Yes
  • Window Features Double Pane Windows: Yes
  • Window Features Vinyl Frames: Yes
  • Living Room Features Separate Formal Room: Yes
  • Family Room Features Separate Formal Room3: Yes
  • Window Features Blinds: Yes
  • Window Features Drapes: Yes
  • Dining Room Features Living Room Combination: Yes
  • Interior Fireplaces Total2: 2.0
  • Flooring Ceramic Tile: Yes
  • Flooring Wood: Yes
  • Window Features Rods: Yes
  • Laundry Features Laundry Area: Yes
  • Laundry Features Laundry Room: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Laundry Features Shelves: Yes
  • Kitchen Features Built- In Microwave: Yes
  • Window Features Wood Frames: Yes
  • Cooling Wall Window Unit(s): Yes
  • Fireplace Features Dining Room: Yes
  • Fireplace Features Primary Bedroom: Yes
  • Other Rooms Bedroom Office Main Floor: Yes
  • Living Room Features Dining Room Combination: Yes
  • Kitchen Features Electric Cooktop3: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Pitched, Shingle
  • Stories: 2
  • Construction Type: Brick, Wood Siding
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Patio
  • Construction Materials Wood Siding: Yes
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Has Attached Garage?: No
  • Parking Features: None
  • Parking Information Garage Y N: No
  • Parking Information Carport Y N: No

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: Laundry Area, Laundry Room, Shelves
  • Cooling: Wall/Window Unit(s)
  • Heating: Fireplace(s), Forced Air, Oil
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Cooling Y N3: Yes
  • Utilities Heating Y N3: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Utilities Internet Available: Yes
  • Heating Forced Air: Yes
  • Water Source Public: Yes
  • Heating Fireplace(s): Yes
  • Heating Oil: Yes
  • Utilities Oil4: Yes

Schools

  • Middle Or Junior School: Swope

Lot Info

  • Parcel Number: 01120225
  • Fencing: Back Yard
  • Lot Size Sq Ft: 5227.2
  • Zoning: sf6

Tax Info

  • Tax Annual Amount: 1391.28

MLS Schools

  • Elementary School: Beck
  • HighSchool: Reno

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2018
Closed on
Aug 29, 2018
Sold by
Rutherford Stacy and Mueller Stacy
Bought by
Marsh Avenue Llc
Seller's Agent
Tasha Rossi
Ferrari-Lund Real Estate Reno
Buyer's Agent
Jennifer Vannoy
Elite Residential Real Estate
List Price
$659,900
Sold Price
$665,000
Premium/Discount to List
$5,100
0.77%
Current Estimated Value
$930,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,613
Avg. Annual Appreciation
4.65%

Purchase Details

Closed on
May 9, 2011
Sold by
Fannie Mae
Bought by
Mueller Stacy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,079
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 9, 2010
Sold by
Sauter Christopher D
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 6, 2006
Sold by
Sauter Amy A
Bought by
Sauter Christopher D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 1994
Sold by
Stewart Ann P
Bought by
Stewart Ann P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Marsh Avenue Llc $665,000 Ticor Title Reno
Rutherford Stacy -- Ticor Title Reno
Mueller Stacy $273,000 Northern Nevada Title Cc
Federal National Mortgage Association $411,305 Accommodation
Sauter Christopher D -- Stewart Title Of Northern Nv
Sauter Christopher D $500,000 Stewart Title Of Northern Nv
Stewart Ann P -- --
Stewart Ann P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mueller Stacy $266,079
Previous Owner Sauter Christopher D $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2018 09/04/18 Sold $665,000 +0.8% $288 / Sq Ft
08/17/2018 08/17/18 Pending -- -- --
08/15/2018 08/15/18 For Sale $659,900 -- $286 / 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
2026 $2,211 $103,825 $67,032 $36,793
2025 $2,052 $103,062 $66,500 $36,562
2024 $2,052 $96,503 $60,515 $35,988
2023 $1,902 $91,034 $57,656 $33,378
2022 $1,765 $75,699 $48,412 $27,287
2021 $1,628 $69,116 $42,560 $26,556
2020 $1,529 $68,618 $42,560 $26,058
2019 $1,459 $66,409 $41,430 $24,979
2018 $1,391 $60,535 $36,575 $23,960
2017 $1,336 $60,085 $36,575 $23,510
2016 $1,304 $60,032 $36,575 $23,457
2015 $1,300 $43,781 $20,648 $23,133
2014 $1,259 $38,639 $16,725 $21,914
2013 -- $33,234 $12,236 $20,998
Source: Public Records

Agents Affiliated with this Home

  • Tasha Rossi

    Seller's Agent in 2018

    Tasha Rossi

    Ferrari-Lund Real Estate Reno

    (775) 815-3550

    80 Total Sales

    Tasha Rossi
    Section Image
  • Justin Rossi

    Seller Co-Listing Agent in 2018

    Justin Rossi

    Ferrari-Lund Real Estate Reno

    (775) 342-7454

    126 Total Sales

    Justin Rossi
    Section Image
  • Jennifer Vannoy

    Buyer's Agent in 2018

    Jennifer Vannoy

    Elite Residential Real Estate

    (775) 771-2065

    2 in this area

    35 Total Sales

    Jennifer Vannoy
    Section Image
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Map

Source: Northern Nevada Regional MLS

MLS Number: 180012143

Northern Nevada Regional MLS

APN: 011-202-25

Nevada Washoe County Reno 89509 MidTown

740 Marsh Ave, Reno, NV

Not Listed for Sale

Detached

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