$2,203,740

Estimated payment $12,604/month

Total Views 8,448
1.21 Acres
$1,821,273 Price per Acre
52,708 Sq Ft Lot

Highlights

  • 1.21 Acre Lot
  • Chain Link Fence
  • Level Lot
  • No HOA

About This Lot

SELLER FINANCING/PARTICIPATION OPPORTUNITY. Introducing an unparalleled multifamily/mixed use development opportunity in downtown Reno. The mixed-use zoning, by right, allows multifamily and commercial uses. The downtown location provides easy access to public transportation, parks, cultural venues and the University of Nevada - Reno. The location and MU zoning support high and mid-rise multifamily residential development., “Four or Five Story over Podium Garage” multifamily building construction is popular in the Reno/Sparks MSA since it is most suitable for urban mixed-use and multifamily residential developments. The adjacent properties at 350 N. Park St. and 816 e 4th St. are also For Sale. Property is two adjoining parcels with a single address. Photos show both 350 N Park & 802 E 4th.

Listing Agent

Mike Wells

Chase International-Damonte License #BS.35650 Listed on: 09/24/2023

Chase International-Damonte

Co-Listing Agent

Jennifer Colley

LPT Realty, LLC License #BS.145423

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,521

Year Built

  • 1960

Lot Details

  • 1.21 Acre Lot
  • Property fronts an easement
  • Chain Link Fence
  • Level Lot
  • Open Lot
  • Property is zoned MU

Schools

  • Booth Elementary School
  • Vaughn Middle School
  • Wooster High School

Utilities

  • Phone Available

Community Details

  • No Home Owners Association
  • Reno Community
  • Morrill Smith Addition Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 00825213

Property Details

Property Type

Land

Est. Annual Taxes

$3,521

Year Built

1960

Lot Details

0

Listing Details

  • Property Type: Land
  • Horses: No
  • Road Frontage Type: Other, Public Access
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2713-o
  • Co List Office Phone: 775-544-1328
  • Co List Office Mls Id: 1471-o
  • Co List Office Phone: 775-850-5900
  • Subdivision Name: Morrill-Smith Addition
  • Directions: Morrill Ave
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1960

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Sewer: Public Sewer

Schools

  • Middle Or Junior School: Vaughn

Lot Info

  • Parcel Number: 00825213
  • Fencing: Chain Link, Fenced
  • Lot Size Sq Ft: 52707.6
  • Crops Included: No
  • Zoning: MU

Tax Info

  • Tax Annual Amount: 3521.44

MLS Schools

  • Elementary School: Booth
  • HighSchool: Wooster

Map

Range of Values:

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

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 $1,676 $56,415 $55,094 $1,322
2024 $1,676 $56,490 $55,094 $1,396
2023 $0 $51,107 $49,929 $1,178
2022 $1,427 $44,892 $44,190 $702
2021 $1,321 $36,043 $35,352 $691
2020 $1,296 $36,038 $35,352 $686
2019 $1,234 $33,710 $33,056 $654
2018 $1,233 $33,680 $33,056 $624
2017 $1,187 $33,678 $33,056 $622
2016 $1,157 $31,600 $30,990 $610
2015 $1,156 $31,589 $30,990 $599
2014 $1,156 $31,574 $30,990 $584
2013 -- $32,704 $32,138 $566
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2023 09/23/23 For Sale $2,203,740 -- --
Source: Northern Nevada Regional MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Bargain Sale Deed $370,000 First Centennial Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $348,450 Commercial
Source: Public Records

Source: Northern Nevada Regional MLS

MLS Number: 240006195

Northern Nevada Regional MLS

APN: 008-252-14