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1002 South Arlington Avenue

1002 South Arlington Avenue, Reno, NV 89509
Multifamily in Park Lawn
1 Units For Sale
Unit for sale at 1002 S Arlington Avenue, Reno, NV 89509

$2,975,000

  • Studio
1002 S Arlington Avenue, Reno, NV 89509 Listing by Jean Merkelbach

1002 South Arlington Avenue in Reno, NV was first built in 1937 and is 87 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. It is a single story home. There are a total of 0 rooms in the home, of which, 18 are bedrooms. In terms of bathrooms, there are a total of 6 full bathrooms. There are 6 partial bathrooms. 1002 South Arlington Avenue has 5,427 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 12,600 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The roof of the home is made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as good. The exterior walls of the home are made of a combination of material. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1002 South Arlington Avenue sold most recently in Aug 12, 2020 for a total of $1,900,000. If you work out the math, that's approximately a cost of $334.57 per sqft. Before that, the property was also sold for $154,000 in Nov 9, 2009. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,513 in taxes each year. 1002 South Arlington Avenue was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $133,757. If we break it down further, the land itself was valued at $82,150. Improvements to the property, however, were assessed at a total of $51,608. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged.

This property description is generated based on publicly available data.

3 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220225
02/25/2022
Studio
-
-
$2,900,000
bedrooms
Studio
bathrooms
-
-
-
-
Jean Merkelbach
Engel & Volkers Lake Tahoe
20210721
07/21/2021
Studio
-
-
$3,552,000
bedrooms
Studio
bathrooms
-
-
-
-
Jean Merkelbach
Engel & Volkers Lake Tahoe
20201002
10/02/2020
Studio
-
-
$2,900,000
bedrooms
Studio
bathrooms
-
-
-
-
Jean Merkelbach
Engel & Volkers Lake Tahoe

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1937
  • Building Count: 2
  • Bedroom Count: 18
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Combination
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Business/Commerical Units Count: 4
  • Basement Type: Unfinished basement
  • Basement Area: 252
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,600
  • Total Building Area: 5,679
  • Gross Building Area: 5,679
  • Building Area: 5,427
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 5,427
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PARK LAWN
  • Land Acres: 0.289
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: PARK LAWN LT 1, 2 & FRAC LOT 3 BLK 3

Ownership

  • Current Owner : APARTMENTS 801 LLC
  • Previous Owner : HANSEN MICHAEL KERRY
  • Previous Owner 2: HANSEN JOY LYN
  • Owner Before Previous Owner: BENCHMARK INVESTMENTS LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 000301

Zoning

  • Zoning: MF14

Geography

  • Assessors Map Reference: 011-31
  • Parcel: 011-313-13
  • Block: 3
  • Lot: 1,2,3
  • Municipality: CITY OF RENO
  • Latitude: 39.5146
  • Longitude: -119.817

    Address

  • Full Address: 1002 S Arlington Ave
  • Address - House Number: 1002
  • Street Direction: S
  • Address - Street Name: Arlington
  • Address - Suffix Type: Ave
  • State: NV
  • City Name: Reno
  • Carrier Code: C037
  • 4-Digit Zip Code: 1929
  • Zip Code: 89509

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,513
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.2968
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 40
  • Final Value: 647,928
  • High Value: 840,260
  • Low Value: 455,595

    Market Valuation

  • Market Total Value: $245,718
  • Market Land Value: $135,828
  • Market Improvement Value: $109,890

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $133,757
  • Assessed Land Value: $82,150
  • Assessed Improvements Value: $51,608

    Sales

  • Current Sale Contract Date: Aug 12, 2020
  • Current Sale Recording Date: Aug 20, 2020
  • Current Sale Transaction ID: 11782625748
  • Current Sale Price: $1,900,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5067594
  • Previous Sale Recording Date: Nov 20, 2009
  • Previous Sale Contract Date: Nov 09, 2009
  • Previous Sale Amount: $154,000
  • Previous Sale Document Type: Deed in Lieu of Foreclosure

About Plumas



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Frequently Asked Questions

What neighborhood is 1002 South Arlington Avenue located in?
The 1002 South Arlington Avenue is a multifamily located in the neighborhood of Park Lawn in Plumas, Reno.
How many listings are currently for sale in 1002 South Arlington Avenue?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 1002 South Arlington Avenue?
The average sales price for units in 1002 South Arlington Avenue is $2,975,000 currently.

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