NOT LISTED FOR SALE

Estimated Value: $431,000 - $494,000

4 Beds
2 Baths
1,731 Sq Ft
$273/Sq Ft Est. Value

Last Sold May 06, 2020

Last sale price $343,000 $198 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,723/month

47 Days on Market

Highlights

  • Balcony
  • Double Pane Windows
  • Ceramic Tile Flooring
  • Wood Frame Window
  • Patio
  • 1-Story Property

About This Home

As of May 2020

Walk a block to elementary & high schools & only 5 blocks to middle school. One block to public transportation & close to freeway, shopping, parks & library. Front unit (A) is a single story, 1005sf , 2 bed/1 bath house & tenant is responsible for maintaining landscaping. The back unit (B) is 2 story, 726sf, 2 bed/1 bath. Both have a storage shed. Leases have reverted to month-to-month. The front tenant has been there 4 years, the back tenant 7 years, and both would like to stay.

Last Listed By

Ed Scott

Ferrari-Lund Real Estate Reno License #S.58417 Listed on: 01/11/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $889

Year Built

  • Built in 1937

Lot Details

  • 5,663 Sq Ft Lot
  • Fenced Front Yard
  • Landscaped
  • Front Yard Sprinklers

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Stone Foundation
  • Slab Foundation
  • Pitched Roof
  • Composition Shingle Roof
  • Asphalt Roof
  • Asbestos
  • Masonry

Interior Spaces

  • 1,731 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Vinyl Clad Windows
  • Blinds
  • Wood Frame Window
  • Unfinished Basement
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Laundry

  • Laundry in Hall
  • Laundry in Kitchen
  • Washer and Dryer Hookup

Parking

  • 4 Parking Spaces
  • 2 Parking Spaces Included
  • Parking Lot

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Refrigerated Cooling System
  • Cooling System Utilizes Natural Gas
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Master Water Meter
  • Natural Gas Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units
  • Community Storage Space
  • Net Operating Income $21,766

Listing and Financial Details

  • Utilities Included
  • Assessor Parcel Number 03121113

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$889

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Type Of Property: Duplex, Triplex, 4-Plex
  • Extended Remarks: Both units have laundry hook-ups. New roof in 2015. Exterior painted in July 2019. Buyer & Buyer's agent are responsible for verifying all information herein.
  • Lvt Date: 01/11/2020
  • Year Built: 1937
  • Access Type: Public
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal, Microwave, Oven/Range, Refrigerator, Varies Per Unit
  • Water Heater: Natural Gas
  • Flooring: Ceramic Tile, Carpet, Sheet Vinyl, Varies By Unit
  • Price Per Sq Ft: 198.15
  • Sold Price Per Sq Ft: 198.15
  • Source Of Sq Ft: Assessor
  • Gross Sq Ft: 1731

Exterior Features

  • Windows: Double Pane, Varies By Unit, Vinyl Frame, Wood Frame
  • Construction: Masonry
  • Exterior: Asbestos, Brick
  • Fenced: Front
  • Foundation: Basement/Unfinished, Concrete/Crawl Space, Concrete Slab, Post & Pier, Stone
  • Landscaped: Yes
  • Roof: Asphalt, Composition/Shingle, Flat, Pitched
  • Stories: 1 Story

Garage/Parking

  • Total Parking Capacity: 4
  • Parking Capacity Per Unit: 2
  • Parking Types: Common

Utilities

  • Sprinklers: Automatic, Front, Yes
  • Heating Cooling: Central Refrig A/C, Natural Gas, Forced Air, Varies By Unit
  • Internet: Yes
  • Utilities: Cable, City/County Water, City Sewer, Electricity, Natural Gas, Telephone, Water Meter Installed, Internet Available, Cellular Coverage Avail
  • Facility Features: Landlord Pays Utilities, Master Meter-Water, Separate Heating/Cooling, Separate Meters-Electric, Separated Meters-Gas, Separate Water Heaters, Tenant Pays Utilities
  • Individually Metered: Yes
  • Laundry: Hall, Hook-Up, Kitchen, Varies Per Unit

Condo/Co-op/Association

  • Common Features: Storage Shed

Fee Information

  • Annual Debt Service: 16103

Lot Info

  • Acreage: 0.13
  • Parcel Number: 03121113
  • Zoning Actual: MUD

Green Features

  • Green Features: Double Pane Windows

Rental Info

  • Current Lease: Month To Month

Tax Info

  • Taxes Dollar: 889

Multi Family

  • Annual Expenses: 3734
  • APOD Available: Yes
  • Gross Scheduled Income: 25500
  • Number Units: 2
  • Unit Features: Balcony, Blinds/Shades, Patio/Deck, Smoke Detector, Varies Per Unit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2025
Sold by
Jones Warrick
Bought by
Oldham Janice and Sankbeil Kyle
Total Days on Market
47
Current Estimated Value
$473,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Outstanding Balance
$318,750
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$154,358

Purchase Details

Listed on
Jan 11, 2020
Closed on
May 1, 2020
Sold by
Taps 1 Llc
Bought by
Jones Warrick
Seller's Agent
Ed Scott
Ferrari-Lund Real Estate Reno
Buyer's Agent
Christopher Robles
Coldwell Banker Select Reno
List Price
$348,000
Sold Price
$343,000
Premium/Discount to List
-$5,000
-1.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.59%
Original Mortgage
$257,250
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2004
Sold by
Scott Patricia J and Scott Edward G
Bought by
Taps 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,900
Interest Rate
5.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 25, 2004
Sold by
Larry Newman Investments Llc
Bought by
Scott Edward G and Scott Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,900
Interest Rate
5.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 30, 1997
Sold by
Newman Larry and Newman Elsie
Bought by
Larry Newman Investments Llc

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
Oldham Janice $425,000 Ticor Title
Jones Warrick -- Ticor Title
Jones Warrick $343,000 First Centennial Reno
Taps 1 Llc $237,500 --
Scott Edward G $237,500 First American Title
Larry Newman Investments Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oldham Janice $318,750
Previous Owner Jones Warrick $257,250
Previous Owner Scott Edward G $189,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2020 05/06/20 Sold $343,000 -1.4% $198 / Sq Ft
02/27/2020 02/27/20 Pending -- -- --
02/03/2020 02/03/20 For Sale $348,000 0.0% $201 / Sq Ft
01/22/2020 01/22/20 Pending -- -- --
01/11/2020 01/11/20 For Sale $348,000 -- $201 / 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 $1,195 $64,981 $39,634 $25,347
2024 $1,195 $62,368 $36,775 $25,593
2023 $1,106 $60,106 $37,340 $22,766
2022 $1,073 $51,674 $32,865 $18,809
2021 $995 $43,263 $25,375 $17,888
2020 $934 $44,196 $26,250 $17,946
2019 $889 $39,533 $22,470 $17,063
2018 $850 $31,559 $15,190 $16,369
2017 $816 $30,474 $14,000 $16,474
2016 $798 $27,419 $11,200 $16,219
2015 $796 $23,850 $8,050 $15,800
2014 $772 $21,845 $7,000 $14,845
2013 -- $20,504 $6,160 $14,344
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 200000367

Northern Nevada Regional MLS

APN: 031-211-13