Seller's Agent in 2024
Michael Smith
RE/MAX
(775) 843-7276
1 in this area
44 Total Sales
865 Edelweiss St Unit 865,867 Reno, NV 89502
Wells Avenue District NeighborhoodEstimated Value: $584,729 - $728,000
4
Beds
2
Baths
1,960
Sq Ft
$341/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Brick or Stone Mason
- Landscaped
- Double Pane Windows
- Refrigerated Cooling System
- Forced Air Heating and Cooling System
About This Home
As of May 2024Excellent investment opportunity near the VA hospital in S.E Reno! One unit(865) is approxly 925 Sq Ft,upstairs has 2 beds, 1 bath plus finished basement another 790 sqft is not included in Gross Square Footage. 2nd unit(867) has 2 beds, 1 bath 925 Sqft. Both units are immaculate and all hardwood floors throughout also has central AC and natural gas heating system. Both units are currently occupied with a lease. Convenient location!, Do not disturb tenants. Showings upon accepted offer.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,276
Year Built
- Built in 1960
Lot Details
- 6,970 Sq Ft Lot
- Back Yard Fenced
- Landscaped
Home Design
- Brick or Stone Mason
- Frame Construction
- Pitched Roof
- Shingle Roof
- Composition Roof
Interior Spaces
- 1,960 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Blinds
- Wood Flooring
- Crawl Space
- Fire and Smoke Detector
Kitchen
- Oven
- Gas Range
- Microwave
- Dishwasher
- Disposal
Laundry
- Laundry in Garage
- Dryer
- Washer
Parking
- 2 Car Garage
- Garage Door Opener
Schools
- Booth Elementary School
- Vaughn Middle School
- Wooster High School
Utilities
- Refrigerated Cooling System
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Separate Meters
- Master Meter
- Individual Gas Meter
- Gas Water Heater
- Internet Available
- Phone Available
- Cable TV Available
Community Details
- 2 Units
- Net Operating Income $35,164
Listing and Financial Details
- Tenant pays for all utilities
- Assessor Parcel Number 01313209
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 15, 2024
Closed on
May 15, 2024
Sold by
Kim Ki Tae and Kim Ui Lim
Bought by
Hall Alison D and Hall Christopher T
Seller's Agent
Michael Smith
RE/MAX Gold
Buyer's Agent
Jacqueline Mead
Sierra Sotheby's Intl. Realty
List Price
$689,000
Sold Price
$680,000
Premium/Discount to List
-$9,000
-1.31%
Views
40
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,568
Avg. Annual Appreciation
-1.31%
Original Mortgage
$476,000
Outstanding Balance
$469,600
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$197,832
Purchase Details
Closed on
Jan 3, 2006
Sold by
Patterson Lindsay A
Bought by
Lim Kim Ki Tae and Lim Kim Ul
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.32%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Nov 2, 2003
Sold by
Rae Kelly
Bought by
Patterson Lindsay A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.79%
Mortgage Type
Unknown
Purchase Details
Closed on
Jul 20, 1999
Sold by
Wells Fargo Bank Na
Bought by
Rae Kelly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,850
Interest Rate
7.25%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hall Alison D | $680,000 | Stewart Title | |
| Lim Kim Ki Tae | $402,000 | Stewart Title Of Northern Nv | |
| Patterson Lindsay A | $240,000 | Stewart Title Of Northern Nv | |
| Rae Kelly | $183,000 | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hall Alison D | $476,000 | |
| Previous Owner | Lim Kim Ki Tae | $320,000 | |
| Previous Owner | Patterson Lindsay A | $192,000 | |
| Previous Owner | Rae Kelly | $173,850 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/30/2024 05/30/24 | Sold | $680,000 | -1.3% | $347 / Sq Ft |
| 04/19/2024 04/19/24 | Pending | -- | -- | -- |
| 04/14/2024 04/14/24 | For Sale | $689,000 | -- | $352 / Sq Ft |
Source: Northern Nevada Regional MLS
Tax History Compared to Growth
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 | $1,375 | $84,649 | $55,195 | $29,454 |
| 2024 | $1,375 | $84,901 | $55,195 | $29,706 |
| 2023 | $1,277 | $83,207 | $57,505 | $25,702 |
| 2022 | $1,182 | $67,417 | $45,675 | $21,742 |
| 2021 | $1,097 | $52,795 | $31,465 | $21,330 |
| 2020 | $1,064 | $47,996 | $26,950 | $21,046 |
| 2019 | $1,015 | $46,012 | $25,690 | $20,322 |
| 2018 | $984 | $35,975 | $16,450 | $19,525 |
| 2017 | $946 | $35,492 | $16,450 | $19,042 |
| 2016 | $922 | $33,269 | $14,420 | $18,849 |
| 2015 | $921 | $29,457 | $10,430 | $19,027 |
| 2014 | $892 | $27,008 | $9,100 | $17,908 |
| 2013 | -- | $23,682 | $7,000 | $16,682 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Smith
-
Alena Smith
Seller Co-Listing Agent in 2024
Alena Smith
RE/MAX
(775) 741-5254
1 in this area
21 Total Sales
-
Jacqueline Mead
J
Buyer's Agent in 2024
Jacqueline Mead
Sierra Sotheby's Intl. Realty
(775) 233-9353
1 in this area
24 Total Sales
Map
Source: Northern Nevada Regional MLS
MLS Number: 240004026
APN: 013-132-09
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