NOT LISTED FOR SALE

Estimated Value: $654,545 - $700,000

2 Beds
3 Baths
2,389 Sq Ft
$282/Sq Ft Est. Value

Last Sold March 29, 2022

Last sale price $613,500 $257 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,881/month

186 Days on Market

Highlights

  • Wood Flooring
  • Brick or Stone Mason
  • Forced Air Heating System
  • Hunter Lake Elementary School Rated A-
  • Refrigerated and Evaporative Cooling System
  • Partially Fenced Property

About This Home

As of March 2022

Incredible opportunity for an income property in an outstanding SW Reno location. Within walking distance of Hunter Lake Elementary School, Swope Middle School, Reno High School and public transportation. While technically a single family home that could be converted back (zoned SF8), a prior owner converted it into three rental units, which are all currently tenant-occupied. The front unit is 977 sq ft, has hardwood floors, a fireplace, kitchen, dining and living rooms, large bedroom and, full bath downstairs, and a large, bright open loft area that can also serve as a second bedroom. The loft is plumbed, so a bathroom could be added. The back two units are both 1 bedroom, 1 bath, with 612 sq ft and 800 sq ft, respectively. There is carport parking, shared driveway parking, and ample street parking. Large backyard with great potential and two storage sheds, one with electrical. **PLEASE DO NOT DISTURB TENANTS. MINIMUM 24-hour NOTICE REQUIRED FOR ALL SHOWINGS.**

Last Agent to Sell the Property

Shannon Paton

Dickson Realty - Caughlin License #S.174301 Listed on: 09/11/2021

Dickson Realty - Caughlin

Last Buyer's Agent

Cameron Meals

Blue Sierra Realty License #S.192695

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,569

Year Built

  • Built in 1963

Lot Details

  • 0.26 Acre Lot
  • Partially Fenced Property

Home Design

  • Brick or Stone Mason
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,389 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Flooring

  • Wood
  • Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • Carport
  • Common or Shared Parking

Schools

  • Hunter Lake Elementary School
  • Swope Middle School
  • Reno High School

Utilities

  • Refrigerated and Evaporative Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Individual Gas Meter
  • Separate Water Meter
  • Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 01025144

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,569

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Year Built: 1963
  • Property Type: Residential Income
  • Lot Size Acres: 0.26
  • Road Frontage Type: Public
  • Co List Office Mls Id: 136-o
  • Co List Office Phone: 775-746-7000
  • Directions: California or Idlewild to Hunter Lake
  • Has Cooling?: Yes
  • Tax Legal Zoning4: SF8
  • Building Stories5: 2
  • Cooling Evaporative Cooling: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Fencing Partial2: Yes
  • Water Heater Gas5: Yes
  • Construction Materials Brick: Yes
  • Construction Materials Frame: Yes
  • Tax Legal Elementary School2: Hunter Lake
  • Tax Legal High School2: Reno
  • Lot Lot Size Acres4: 0.26
  • Lot Lot Size Square Feet4: 11325.6
  • Foundation Details Crawl Space2: Yes
  • Tax Legal Tax Annual Amount3: 1569.0
  • Contract Rent Control Y N: No
  • Association Community Number Of Buildings2: 1.0
  • Building Number Of Units Total5: 3.0
  • Special Information Onsite Management Y N: No
  • Meter Information Separate Meters Y N: Yes
  • Meter Information Separate Electric Meters Y N: Yes
  • Meter Information Separate Gas Meters Y N: Yes
  • Meter Information Separate Water Meters Y N: Yes
  • 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
  • Tax Legal Middleor Junior School: Swope
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Varies, Vinyl, Wood
  • Number Of Buildings: 1
  • Other Equipment: Varies By Unit
  • Window Features: Single Pane Windows
  • Flooring Carpet: Yes
  • Flooring Wood: Yes
  • Flooring Vinyl: Yes
  • Interior Building Area Total3: 2389.0

Exterior Features

  • Roof: Composition, Shingle
  • Stories: 2
  • Construction Type: Brick, Frame, Wood Siding
  • Foundation Details: Crawl Space
  • Construction Materials Wood Siding: Yes
  • Roof Composition: Yes
  • Roof Shingle: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: Carport, Common, Varies by Unit
  • Total Parking Spaces: 6.0
  • Parking Features Carport: Yes
  • Parking Information Parking Total4: 6.0
  • Parking Features Common: Yes

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available
  • Laundry Features: Varies By Unit
  • Cooling: Evaporative Cooling
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Sewer Available: Yes
  • Heating Forced Air: Yes
  • Heating Natural Gas: Yes
  • Utilities Heating Y N5: Yes
  • Utilities Cooling Y N5: Yes

Schools

  • Middle Or Junior School: Swope

Lot Info

  • Parcel Number: 01025144
  • Fencing: Partial
  • Lot Size Sq Ft: 11325.6
  • Zoning: SF8

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1569.0

MLS Schools

  • Elementary School: Hunter Lake
  • HighSchool: Reno

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2021
Closed on
Mar 25, 2022
Sold by
Barkl Kristi I
Bought by
Meals Cameron Don and Leben Elizabeth Lorraine
Seller's Agent
Shannon Paton
Dickson Realty - Caughlin
Buyer's Agent
Cameron Meals
Blue Sierra Realty
List Price
$660,000
Sold Price
$613,500
Premium/Discount to List
-$46,500
-7.05%
Current Estimated Value
$674,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,636
Avg. Annual Appreciation
3.05%
Original Mortgage
$460,100
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2002
Sold by
Hemmerling Ann R
Bought by
Barkl Kristi I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,600
Interest Rate
6.6%
Source: Public Records

Range of Values:

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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
Meals Cameron Don $613,500 Stewart Title Commercial Servi
Barkl Kristi I $262,000 Stewart Title Northern Nevad
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meals Cameron Don $535,000
Closed Meals Cameron Don $539,000
Closed Meals Cameron Don $460,100
Previous Owner Barkl Krissti I $133,335
Previous Owner Barkl Kristi I $100,000
Previous Owner Barkl Kristi I $208,000
Previous Owner Barkl Kristi I $209,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2022 03/29/22 Sold $613,500 -7.0% $257 / Sq Ft
03/15/2022 03/15/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $660,000 +7.6% $276 / Sq Ft
03/10/2022 03/10/22 Off Market $613,500 -- --
12/08/2021 12/08/21 Pending -- -- --
12/01/2021 12/01/21 For Sale $660,000 0.0% $276 / Sq Ft
11/16/2021 11/16/21 Pending -- -- --
11/08/2021 11/08/21 For Sale $660,000 0.0% $276 / Sq Ft
10/15/2021 10/15/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $660,000 0.0% $276 / Sq Ft
02/27/2015 02/27/15 Rented $475 0.0% --
02/27/2015 02/27/15 Under Contract -- -- --
01/05/2015 01/05/15 For Rent $475 +5.6% --
08/27/2013 08/27/13 Rented $450 0.0% --
08/27/2013 08/27/13 Under Contract -- -- --
05/07/2013 05/07/13 For Rent $450 -47.1% --
04/08/2013 04/08/13 Rented $850 0.0% --
04/08/2013 04/08/13 Under Contract -- -- --
03/19/2013 03/19/13 For Rent $850 +112.5% --
06/13/2012 06/13/12 Rented $400 -15.8% --
06/13/2012 06/13/12 Under Contract -- -- --
04/11/2012 04/11/12 For Rent $475 -- --
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 $2,831 $80,392 $49,420 $30,972
2024 $2,831 $77,322 $46,760 $30,562
2023 $2,749 $74,954 $46,760 $28,194
2022 $2,647 $82,285 $58,940 $23,345
2021 $1,569 $50,341 $28,000 $22,341
2020 $1,477 $50,769 $27,650 $23,119
2019 $1,410 $48,378 $25,305 $23,073
2018 $1,340 $41,528 $18,305 $23,223
2017 $1,285 $42,190 $18,305 $23,885
2016 $1,254 $37,897 $12,880 $25,017
2015 $943 $38,065 $12,460 $25,605
2014 $1,214 $36,502 $11,410 $25,092
2013 -- $31,981 $7,315 $24,666
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 210013657

Northern Nevada Regional MLS

APN: 010-251-44