NOT LISTED FOR SALE
-- Bed
-- Bath
2,276 Sq Ft
6,970 Sq Ft Lot

Sale Details

Date Sold: May 20, 2022

Last sale price $701,000 $308 Per Sq Ft

27 Days on Market

Highlights

  • Double Pane Windows
  • Landscaped
  • Heating System Uses Natural Gas
  • Laundry Room
  • Asbestos

About This Home

As of May 2022

Multi family property located near University Nevada Reno. Two separate addresses on one APN. Great rental potential and both homes are currently Tenant occupied. If you’re looking for the perfect Flip, these check all the boxes. Structural inspection is in additional documents.

Last Agent to Sell the Property

Wendi Archuleta

RE/MAX Professionals-Reno License #S.178823 Listed on: 04/01/2022

Last Buyer's Agent

Marilyn Farthing

Dickson Realty - Caughlin License #S.185199

Dickson Realty - Caughlin
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,475

Year Built

  • Built in 1930

Lot Details

  • 6,970 Sq Ft Lot
  • Back Yard Fenced
  • Landscaped

Parking

  • Alley Access

Home Design

  • Frame Construction
  • Pitched Roof
  • Asbestos

Interior Spaces

  • 2,276 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Oven
  • Gas Range
  • Dishwasher
  • Disposal

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 00716106

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Net Operating Income $30,494

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,475

Year Built

Built in 1930

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Year Built: 1930
  • Property Type: Residential Income
  • Lot Features: Landscaped, Other
  • Lot Size Acres: 0.16
  • Road Frontage Type: Public
  • Security Features: Smoke Detector(s)
  • Co List Office Mls Id: 1934-o
  • Co List Office Phone: 775-345-3070
  • Directions: Washington, West 9th
  • Tax Legal Zoning4: MF14
  • Building Stories5: 2
  • Fencing Back Yard: Yes
  • Lot Features Landscaped: Yes
  • Construction Materials Asbestos: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Appliances Dishwasher: Yes
  • Appliances Disposal: Yes
  • Security Features Smoke Detector(s): Yes
  • Water Heater Gas5: Yes
  • Construction Materials Frame: Yes
  • Lot Lot Size Acres4: 0.16
  • Lot Lot Size Square Feet4: 6969.6
  • Appliances Oven: Yes
  • Appliances Gas Range: Yes
  • Foundation Details Crawl Space2: Yes
  • Tax Legal Tax Annual Amount3: 1474.94
  • Incomeand Expenses Net Operating Income: 30494.0
  • Contract Rent Control Y N: No
  • Association Community Number Of Buildings2: 2.0
  • Building Number Of Units Total5: 2.0
  • Special Information Onsite Management Y N: No
  • Meter Information Separate Meters Y N: No
  • Meter Information Separate Electric Meters Y N: No
  • Meter Information Separate Gas Meters Y N: No
  • Meter Information Separate Water Meters Y N: No
  • Meter Information Separate Water Heaters Y N: No
  • Meter Information One Primary Electric Meter Y N: No
  • Meter Information One Primary Gas Meter Y N: No
  • Meter Information One Primary Water Meter Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Oven, Dishwasher, Disposal, Gas Range, Refrigerator
  • Number Of Buildings: 2
  • Window Features: Double Pane Windows
  • Window Features Double Pane Windows: Yes
  • Interior Building Area Total3: 2276.0
  • Laundry Features Common Area2: Yes

Exterior Features

  • Roof: Pitched
  • Stories: 2
  • Construction Type: Asbestos, Frame
  • Foundation Details: Crawl Space
  • Roof Pitched: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: Alley Access, None
  • Parking Features Alley Access: Yes

Utilities

  • Utilities: Electricity Available, Internet Available, Natural Gas Available, Sewer Available, Water Available, Cellular Coverage, Water Meter Installed
  • Water Source: Public
  • Laundry Features: Common Area
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Utilities Water Meter Installed: Yes
  • Utilities Internet Available: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes
  • Utilities Heating Y N5: Yes

Lot Info

  • Parcel Number: 00716106
  • Fencing: Back Yard
  • Lot Size Sq Ft: 6969.6
  • Zoning: MF14

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Scheduled Income: 45000.0
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1474.94

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2022
Closed on
Jun 16, 2022
Sold by
Bought by
Seller's Agent
Wendi Archuleta
RE/MAX Professionals-Reno
Buyer's Agent
Marilyn Farthing
Dickson Realty - Caughlin
List Price
$750,000
Sold Price
$701,000
Premium/Discount to List
-$49,000
-6.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,000
Interest Rate
4.72%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 1, 2022
Closed on
May 9, 2022
Sold by
Bought by
Seller's Agent
Wendi Archuleta
RE/MAX Professionals-Reno
Buyer's Agent
Marilyn Farthing
Dickson Realty - Caughlin
List Price
$750,000
Sold Price
$701,000
Premium/Discount to List
-$49,000
-6.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,000
Interest Rate
4.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2015
Sold by
Bought by

Purchase Details

Closed on
Mar 28, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,600
Interest Rate
5.73%
Mortgage Type
VA
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Drinkwater Eaton Law Offices
$701,000 First Centennial Title
-- None Available
$220,000 First American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $693,000
Closed $441,000
Previous Owner $205,220
Previous Owner $203,984
Previous Owner $226,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/20/2022 05/20/22 Sold $701,000 -6.5% $308 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
04/18/2022 04/18/22 For Sale $750,000 0.0% $330 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $750,000 -- $330 / Sq Ft
Source: Northern Nevada Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,359 $156,809 $61,180 $95,629
2025 $2,008 $155,232 $59,220 $96,012
2024 $2,008 $84,098 $51,450 $32,648
2023 $1,729 $81,655 $51,450 $30,205
2022 $1,602 $70,363 $45,500 $24,863
2021 $1,475 $60,342 $36,400 $23,942
2020 $1,386 $58,649 $35,000 $23,649
2019 $1,321 $51,098 $28,700 $22,398
2018 $1,260 $41,330 $19,950 $21,380
2017 $1,210 $39,075 $18,025 $21,050
2016 $1,183 $36,685 $15,820 $20,865
2015 $1,181 $34,598 $14,000 $20,598
2014 $1,144 $30,915 $11,550 $19,365
2013 -- $30,349 $11,550 $18,799
Source: Public Records

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Map

Source: Northern Nevada Regional MLS

MLS Number: 220004088

Northern Nevada Regional MLS
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