NOT LISTED FOR SALE

8540 Gate St Reno, NV 89506

Estimated Value: $366,392 - $392,000

4 Beds
2 Baths
1,110 Sq Ft
$345/Sq Ft Est. Value

Last Sold September 20, 2023

Last sale price $356,000 $321 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,135/month

27 Days on Market

Highlights

  • Mountain View
  • Separate Formal Living Room
  • Double Pane Windows
  • Deck
  • No HOA
  • Cooling System Mounted To A Wall/Window

About This Home

As of September 2023

Looking for lots of space and low maintenance? This 4-bedroom 2 full bath home has that and much more! Located out in Lemon Valley just minutes away from the freeway and shopping center. Both bathrooms have been remodeled and the roof was replaced in 2016. Lots of potential.

Last Agent to Sell the Property

Jose Chavez

ERA - Realty Central License #S.65410 Listed on: 07/26/2023

Last Buyer's Agent

Michelle Foster

Ferrari-Lund R.E. Sparks License #S.177346

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $457

Year Built

  • Built in 1962

Lot Details

  • 0.42 Acre Lot
  • Property is Fully Fenced
  • Level Lot
  • Property is zoned Mds

Home Design

  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stick Built Home

Interior Spaces

  • 1,110 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Blinds
  • Separate Formal Living Room
  • Combination Kitchen and Dining Room
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Washer
  • Shelves in Laundry Area

Outdoor Features

  • Deck

Schools

  • Lemmon Valley Elementary School
  • Obrien Middle School
  • North Valleys High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Wall Furnace
  • Gas Water Heater
  • Septic Tank
  • 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 55223115

Home Details

Home Type

Single Family

Est. Annual Taxes

$457

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Year Built: 1962
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Level
  • Lot Size Acres: 0.42
  • Road Frontage Type: Other
  • Has View?: Yes
  • Security Features: Smoke Detector(s)
  • Association Amenities: None
  • Has H O A?: No
  • Co List Office Mls Id: 414-o
  • Co List Office Phone: 775-685-2372
  • Directions: Lemon to Bernoulli
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Living Area: 1110.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Lemmon Valley
  • Tax Legal Middle Or Junior School2: OBrien
  • Tax Legal High School: North Valleys
  • Tax Legal Tax Annual Amount: 456.71
  • Tax Legal Zoning4: Mds
  • Association Community Association Y N3: No
  • Building Stories5: 1
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 0.42
  • Lot Lot Size Square Feet2: 18295.2
  • Lot Horse Y N2: No
  • Lot View Y N2: Yes
  • Cooling Electric: Yes
  • Lot Features Level: 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 Washer: Yes
  • Fencing Full2: Yes
  • Outdoor Living Spaces Deck3: Yes
  • Security Features Smoke Detector(s): Yes
  • View Mountain(s): Yes
  • Appliances Microwave: Yes
  • Foundation Details Full Perimeter: Yes
  • Water Heater Gas5: Yes
  • Sewer Septic Tank: Yes
  • Appliances Gas Range: Yes
  • Appliances Included As Personal Property Gas Oven2: Yes
  • Appliances Included As Personal Property E N E R G Y S T A R Qualified Appliances: Yes
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Gas Range, Microwave, Refrigerator, Washer
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Window Features: Blinds, Double Pane Windows
  • Interior Living Area4: 1110.0
  • Interior Fireplace Y N: No
  • Flooring Carpet: Yes
  • Window Features Double Pane Windows: Yes
  • Living Room Features Separate Formal Room: Yes
  • Window Features Blinds: Yes
  • Primary Bedroom Features Tub Shower Combination: Yes
  • Flooring Ceramic Tile: Yes
  • Laundry Features Laundry Room: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Dining Room Features Kitchen Combination: Yes
  • Laundry Features Shelves: Yes
  • Kitchen Features Built- In Microwave: Yes
  • Cooling Wall Window Unit(s): Yes

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Pitched, Shingle
  • Stories: 1
  • View: Mountain(s)
  • Construction Type: Wood Siding
  • Foundation Details: Full Perimeter
  • Patio And Porch Features: Deck
  • 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, Natural Gas Available, Phone Available, Water Available
  • Water Source: Public
  • Laundry Features: Laundry Room, Shelves
  • Cooling: Electric, Wall/Window Unit(s)
  • Heating: Electric, Forced Air, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities Cooling Y N3: Yes
  • Utilities Heating Y N3: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Water Available: Yes
  • Heating Forced Air: Yes
  • Water Source Public: Yes
  • Heating Electric4: Yes
  • Heating Wall Furnace: Yes

Schools

  • Middle Or Junior School: OBrien

Lot Info

  • Parcel Number: 55223115
  • Fencing: Full
  • Lot Size Sq Ft: 18295.2
  • Zoning: Mds

Tax Info

  • Tax Annual Amount: 456.71

MLS Schools

  • Elementary School: Lemmon Valley
  • HighSchool: North Valleys

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2023
Closed on
Sep 18, 2023
Sold by
Gutierrez Marcos
Bought by
Wong Alex S and Hernandez Samantha
Seller's Agent
Jose Chavez
ERA - Realty Central
Buyer's Agent
Michelle Foster
Ferrari-Lund R.E. Sparks
List Price
$374,900
Sold Price
$356,000
Premium/Discount to List
-$18,900
-5.04%
Views
137
Current Estimated Value
$382,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,848
Avg. Annual Appreciation
3.40%
Original Mortgage
$338,200
Outstanding Balance
$332,915
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$46,191

Purchase Details

Closed on
May 16, 2019
Sold by
Gutierrez Gustavo Alberto and Gutierrez Marcos
Bought by
Gutierrez Marcos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,489
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 1, 2016
Closed on
Apr 13, 2016
Sold by
Pv1 Llc
Bought by
Gutierrez Gustavo Alberto
Seller's Agent
Steve O'Brien
RE/MAX Professionals-Reno
Buyer's Agent
David Orozco-Rodriguez
Sierra Nevada Properties-Reno
List Price
$189,900
Sold Price
$195,350
Premium/Discount to List
$5,450
2.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.41%
Original Mortgage
$191,810
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 21, 2013
Sold by
Nres Nv1 Llc
Bought by
Pv1 Llc

Purchase Details

Closed on
Oct 29, 2012
Sold by
The Bank Of New York Mellon
Bought by
Nvllc Nres

Purchase Details

Closed on
Jul 26, 2011
Sold by
Zane Allan
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Mar 15, 2006
Sold by
Zane Allan and Zane Nicole D
Bought by
Sano Investment Group Llc

Purchase Details

Closed on
Jan 11, 2006
Sold by
Sano Investment Group Llc
Bought by
Zane Allan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,500
Interest Rate
6.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 5, 2005
Sold by
Edwards Dorothy D
Bought by
Sano Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.84%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wong Alex S $356,000 First American Title
Gutierrez Marcos -- Stewart Title Company
Gutierrez Gustavo Alberto $195,500 Western Title Company
Pv1 Llc $57,500 Western Title Company
Nvllc Nres $57,500 None Available
The Bank Of New York Mellon $61,200 Pasion Title Services
Sano Investment Group Llc -- First American Title
Zane Allan -- First American Title
Zane Allan $73,500 First American Title
Zane Allan -- First American Title
Sano Investment Group Llc $175,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Alex S $338,200
Previous Owner Gutierrez Marcos $214,489
Previous Owner Gutierrez Gustavo Alberto $191,810
Previous Owner Pv1 Llc $43,875
Previous Owner Zane Allan $206,500
Previous Owner Sano Investment Group Llc $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2023 09/20/23 Sold $356,000 -3.8% $321 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
08/15/2023 08/15/23 Price Changed $369,900 -1.3% $333 / Sq Ft
07/25/2023 07/25/23 For Sale $374,900 +91.9% $338 / Sq Ft
05/05/2016 05/05/16 Sold $195,350 +2.9% $176 / Sq Ft
04/05/2016 04/05/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $189,900 0.0% $171 / Sq Ft
01/27/2015 01/27/15 Rented $900 0.0% --
01/27/2015 01/27/15 Under Contract -- -- --
12/31/2014 12/31/14 For Rent $900 -- --
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 $470 $48,849 $33,145 $15,704
2024 $457 $43,418 $27,895 $15,523
2023 $329 $41,621 $27,279 $14,342
2022 $444 $35,397 $23,730 $11,667
2021 $432 $27,890 $16,485 $11,405
2020 $417 $28,777 $17,605 $11,172
2019 $405 $27,237 $16,660 $10,577
2018 $394 $21,367 $11,235 $10,132
2017 $383 $20,558 $10,605 $9,953
2016 $373 $18,110 $8,190 $9,920
2015 $358 $15,943 $6,615 $9,328
2014 $359 $12,906 $4,130 $8,776
2013 -- $10,402 $3,115 $7,287
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 230008371

Northern Nevada Regional MLS

APN: 552-231-15