Seller's Agent in 2022
Aaron Wood
RE/MAX
(775) 900-7318
1 in this area
107 Total Sales
925 W 1st St Reno, NV 89503
Riverwalk NeighborhoodEstimated Value: $585,000 - $706,000
4
Beds
2
Baths
1,916
Sq Ft
$326/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Double Pane Windows
- Landscaped
- Hunter Lake Elementary School Rated A-
- Refrigerated Cooling System
- Forced Air Heating and Cooling System
About This Home
As of August 2022Prime location close to everything! Corner of Keystone & 1st St, very close to I-80, downtown Reno, UNR, Idlewild Park and the Truckee River. Low taxes, little to no vacancy, on-site parking. Two, spacious 2 bed, 1 bath units in great condition. Plenty of onsite parking, in unit laundry, central A/C, all utilities are separate and paid by tenants. Show anytime!, Investors buying in Nevada benefit from competitive cap rates, rising rental rates, friendly landlord laws, and from Nevada’s lack of a state income tax.
Last Agent to Sell the Property
RE/MAX Professionals-Reno License #S.190038 Listed on: 05/27/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,075
Year Built
- Built in 1997
Lot Details
- 7,405 Sq Ft Lot
- Partially Fenced Property
- Landscaped
- Front Yard Sprinklers
Home Design
- Frame Construction
- Pitched Roof
- Asphalt Roof
- Stucco
Interior Spaces
- 1,916 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Blinds
- Wood Flooring
- Crawl Space
- Fire and Smoke Detector
- Laundry in Hall
Kitchen
- Oven
- Gas Range
- Dishwasher
- Disposal
Parking
- 4 Parking Spaces
- Alley Access
- Assigned Parking
Schools
- Hunter Lake Elementary School
- Swope Middle School
- Reno High School
Utilities
- Refrigerated Cooling System
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Separate Meters
- Individual Gas Meter
- Separate Water Meter
- Gas Water Heater
- Internet Available
- Phone Available
- Cable TV Available
Community Details
- 2 Units
Listing and Financial Details
- Tenant pays for all utilities
- Assessor Parcel Number 01101218
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 28, 2024
Sold by
Virgo Marilyn Claire and Virgo Darien Garnet
Bought by
George W Gillemot Foundation
Current Estimated Value
Purchase Details
Closed on
Jul 19, 2023
Sold by
Virgo Marilyn C
Bought by
Virgo Marilyn C
Purchase Details
Listed on
May 27, 2022
Closed on
Aug 15, 2022
Sold by
Hundal Nevada Properties Llc
Bought by
Virgo Marilyn Claire and Virgo Darien Garnet
Seller's Agent
Aaron Wood
RE/MAX Professionals-Reno
Buyer's Agent
Kyle Sims
Ferrari-Lund Real Estate South
List Price
$599,000
Sold Price
$570,000
Premium/Discount to List
-$29,000
-4.84%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.71%
Original Mortgage
$559,675
Interest Rate
5.3%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 29, 2012
Sold by
Singh Mer and Singh Kamal J K
Bought by
Hundal Rajbarinder S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
3.35%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 12, 2002
Sold by
Singh Mer and Singh Kamal J K
Bought by
City Of Reno
Purchase Details
Closed on
Aug 8, 2001
Sold by
Galli Michael N
Bought by
Singh Mer and Singh Kamal J K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.21%
Purchase Details
Closed on
Apr 8, 1996
Sold by
Galli Michael N
Bought by
Michael N Galli Family Trust
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 |
|---|---|---|---|
| George W Gillemot Foundation | $595,000 | Stewart Title | |
| Virgo Marilyn C | -- | None Listed On Document | |
| Virgo Marilyn Claire | $570,000 | Landmark Title | |
| Hundal Rajbarinder S | $186,000 | None Available | |
| City Of Reno | -- | -- | |
| Singh Mer | $200,000 | First American Title | |
| Michael N Galli Family Trust | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Virgo Marilyn Claire | $559,675 | |
| Previous Owner | Hundal Rajbarinder S | $139,500 | |
| Previous Owner | Singh Mer | $160,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/22/2022 08/22/22 | Sold | $570,000 | -1.6% | $297 / Sq Ft |
| 07/22/2022 07/22/22 | Pending | -- | -- | -- |
| 06/16/2022 06/16/22 | Price Changed | $579,000 | -3.3% | $302 / Sq Ft |
| 05/26/2022 05/26/22 | For Sale | $599,000 | -- | $313 / 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 |
|---|---|---|---|---|
| 2026 | -- | $96,013 | $45,500 | $50,513 |
| 2024 | $2,605 | $95,693 | $42,840 | $52,853 |
| 2023 | $2,416 | $89,599 | $42,840 | $46,759 |
| 2022 | $2,245 | $74,418 | $33,950 | $40,468 |
| 2021 | $2,075 | $68,610 | $28,000 | $40,610 |
| 2020 | $1,951 | $67,572 | $26,600 | $40,972 |
| 2019 | $1,862 | $63,767 | $23,765 | $40,002 |
| 2018 | $1,781 | $56,818 | $17,675 | $39,143 |
| 2017 | $1,726 | $55,740 | $16,800 | $38,940 |
| 2016 | $1,680 | $56,082 | $16,100 | $39,982 |
| 2015 | $1,681 | $50,567 | $9,800 | $40,767 |
| 2014 | $1,632 | $47,794 | $9,100 | $38,694 |
| 2013 | -- | $45,823 | $7,700 | $38,123 |
Source: Public Records
Agents Affiliated with this Home
-
Aaron Wood
-
Kyle Sims
Buyer's Agent in 2022
Kyle Sims
Ferrari-Lund Real Estate South
(775) 527-7124
1 in this area
39 Total Sales
Map
Source: Northern Nevada Regional MLS
MLS Number: 220007922
APN: 011-012-18
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