NOT LISTED FOR SALE

954 E 7th St Reno, NV 89512

Downtown Reno Neighborhood

Estimated Value: $767,000

0.24 Acre
$3,195,833 Price per Acre
10,454 Sq Ft Lot

Last Sold June 28, 2019

Last sale price $140,000

Est. 448% increase in value since last sale

Current estimated payment $4,372/month

943 Days on Market

Highlights

  • City View
  • No HOA
  • Level Lot

About This Lot

As of June 2019

Corner lot that is close to downtown Reno. Multi-family zoning, ideal location for 12-plex dwelling and is complete with older but extensive drawings including engineering specs, truss calculations, site survey and soil test. All drawings will require approvals. See the document tab for drawings. Buyer to verify all details and approvals. Zoning is MUE4-E4TC East 4th Street Transit Corridor. Great potential!

Last Agent to Sell the Property

Tim Flynn

Coldwell Banker Select Mt Rose License #S.56944 Listed on: 10/28/2016

Coldwell Banker Select Mt Rose

Last Buyer's Agent

Non MLS Agent

Non MLS Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $674

Lot Details

  • 10,454 Sq Ft Lot
  • Level Lot
  • Property is zoned MUE4

Property Views

  • City Views

Schools

  • Booth Elementary School
  • Billinghurst Middle School
  • Hug High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 00819301

Property Details

Property Type

Land

Est. Annual Taxes

$674

Lot Details

0

Listing Details

  • Property Type: Land
  • Horses: No
  • Lot Features: Level, Curbs
  • Lot Size Acres: 0.24
  • Road Frontage Type: Other, Public Access
  • Road Surface Type: Paved
  • Has View?: Yes
  • Has H O A?: No
  • Co List Office Mls Id: 806-o
  • Co List Office Phone: 775-849-8500
  • Directions: Spokane
  • Tax Legal Zoning4: MUE4
  • Lot Features Level: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Water Rights Water Rights Y N: No
  • Tax Legal Elementary School2: Booth
  • Tax Legal High School2: Hug
  • Tax Legal Tax Annual Amount3: 674.2
  • Tax Legal Middleor Junior School3: Billinghurst
  • Association Community Association Y N: No
  • Lot Lot Size Acres: 0.24
  • Lot View Y N4: Yes
  • Lot Horse Y N4: No
  • Land Details Crops Included Y N: No
  • Land Details Deed Restrictions: No
  • Land Details Utility Easement Y N: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: City

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Sewer: Public Sewer
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Water Source Public: Yes

Schools

  • Middle Or Junior School: Billinghurst

Lot Info

  • Parcel Number: 00819301
  • Fencing: None
  • Lot Size Sq Ft: 10454.4
  • Crops Included: No
  • Zoning: MUE4

Tax Info

  • Tax Annual Amount: 674.2

MLS Schools

  • Elementary School: Booth
  • HighSchool: Hug

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2016
Closed on
Jun 26, 2019
Sold by
Fault Line Llc
Bought by
Jj7th St Llc
Seller's Agent
Tim Flynn
Coldwell Banker Select Mt Rose
Buyer's Agent
Non MLS Agent
Non MLS Office
List Price
$174,000
Sold Price
$140,000
Premium/Discount to List
-$34,000
-19.54%
Current Estimated Value
$767,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$627,000
Original Mortgage
$90,000
Outstanding Balance
$78,638
Interest Rate
4%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 8, 2009
Sold by
Fault Line Llc
Bought by
Fault Line Llc Series A

Purchase Details

Closed on
Feb 28, 2006
Sold by
Koch David N and Koch Michele J
Bought by
Fault Line Llc

Purchase Details

Closed on
Sep 15, 2004
Sold by
Koch Michele J
Bought by
Koch David N

Purchase Details

Closed on
Sep 14, 2004
Sold by
Lake Group Investors Ii Llc
Bought by
Koch David N

Purchase Details

Closed on
Sep 5, 2003
Sold by
Becker Michael A and Antoun Laurice D
Bought by
Lake Group Investors Ii Llc

Purchase Details

Closed on
Oct 9, 2002
Sold by
Flippo Hyde
Bought by
Flippo Cheryl
Source: Public Records
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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
Jj7th St Llc $140,000 Western Title Company
Fault Line Llc Series A -- None Available
Fault Line Llc -- None Available
Koch David N -- None Available
Koch David N -- Western Title Incorporated
Koch David N $150,000 Western Title Incorporated
Lake Group Investors Ii Llc -- --
Flippo Cheryl -- Western Title Inc
Harrison Harvey -- Western Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jj7th St Llc $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2019 06/28/19 Sold $140,000 -15.2% --
05/29/2019 05/29/19 Pending -- -- --
01/10/2019 01/10/19 Price Changed $165,000 -5.2% --
12/04/2018 12/04/18 For Sale $174,000 -2.8% --
11/15/2018 11/15/18 Pending -- -- --
10/28/2016 10/28/16 For Sale $179,000 -- --
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
2026 $4,347 $137,436 $42,163 $95,273
2025 $4,027 $134,660 $39,682 $94,978
2024 $3,720 $137,066 $39,682 $97,384
2023 $3,720 $142,262 $36,376 $105,887
2022 $4,089 $117,385 $30,589 $86,797
2021 $845 $31,500 $31,500 $0
2020 $793 $31,500 $31,500 $0
2019 $755 $31,500 $31,500 $0
2018 $720 $21,495 $21,495 $0
2017 $691 $21,495 $21,495 $0
2016 $674 $19,841 $19,841 $0
2015 $673 $18,372 $18,372 $0
2014 $673 $18,372 $18,372 $0
2013 -- $18,372 $18,372 $0
Source: Public Records

Agents Affiliated with this Home

  • Tim Flynn

    Seller's Agent in 2019

    Tim Flynn

    Coldwell Banker Select Mt Rose

    (775) 742-1074

    77 Total Sales

    Tim Flynn
    Section Image

  • N

    Buyer's Agent in 2019

    Non MLS Agent

    Non MLS Office

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Map

Source: Northern Nevada Regional MLS

MLS Number: 160016007

Northern Nevada Regional MLS

APN: 008-193-01

Nevada Washoe County Reno 89512 Downtown Reno

954 E 7th St, Reno, NV

Not Listed for Sale

Lots

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