See Home Value
$540,320*
House - Off Market

1040 W 12th Street

Reno, NV 89503
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1872 Sqft
$342,000 - $418,000
Reference Base Price*
42.19%
Since May 1, 2020
National-US
Primary Model
Sold Mar 24, 2020
$401,263
$371,263 by American Pacific Mortgage Corp
Mortgage Due Apr 01, 2050

About This Property

Did you say charm?  Here it is... beautifully retro, both inside and out!  This one level home (with an 1800+sf basement) sits on a huge lot with mature landscaping all around, lushly green grass, room for RV access and is within one mile of UNR. The floor plan is open with a huge living area, large windows and a cozy dining room.  The stone fireplace is one of a kind and will work perfectly throughout the holiday season to keep everybody warm and cheerful. Original hardwood flooring throughout the home has been exposed.  Don't miss this one of a kind opportunity... has been exposed.  Don't miss this one of a kind opportunity...

The manager has listed the unit size as 1872 square feet.
Unit Size
1,872Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$203
Property Type
House
Property Taxes
$1,427
HOA Dues
-
Year Built
1960

Price History

Date / Event Date Event Price
Apr 7, 2020 No longer available -
No longer available
Mar 24, 2020 Sold to Hannah Gangar, Steven Arnold $401,263
Sold to Hannah Gangar, Steven Arnold
Feb 18, 2020 Listed $380,000
Listed

Property Highlights

Fireplace
Garage
With View

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,872
  • Garage Type: Attached
  • Garage Square Area: 529
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 14,070
  • Total Building Area: 4,273
  • Gross Building Area: 4,462
  • Building Area: 3,744
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,744
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: AMPHITHEATER 3
  • Land Acres: 0.323
  • Standard Land Use Code: Single family residential
  • Legal Description 1: AMPHITHEATER 3 LT 21 BLK F

Ownership

  • Current Owner : GANGAR HANNAH
  • Current Owner 2: ARNOLD STEVEN
  • Previous Owner : DOWNEY TIMOTHY KEVIN
  • Previous Owner 2: THE DOWNEY FAMILY TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 002500

Zoning

  • Zoning: SF8

Geography

  • Assessors Map Reference: 002-33
  • Parcel: 002-335-10
  • Block: F
  • Lot: 21
  • Municipality: CITY OF RENO
  • Latitude: 39.539
  • Longitude: -119.83

    Address

  • Full Address: 1040 W 12th St
  • Address - House Number: 1040
  • Street Direction: W
  • Address - Street Name: 12th
  • Address - Suffix Type: St
  • State: NV
  • City Name: Reno
  • Carrier Code: C073
  • 4-Digit Zip Code: 2603
  • Zip Code: 89503

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,782
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.1503
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 81
  • Final Value: 551,200
  • High Value: 634,098
  • Low Value: 468,303

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $371,263
  • First Open Lien Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Mar 24, 2020
  • First Open Lien Mortgage Loan Amount: $371,263
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2050

    Market Valuation

  • Market Total Value: $166,019
  • Market Land Value: $75,705
  • Market Improvement Value: $90,314

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $89,874
  • Assessed Land Value: $46,268
  • Assessed Improvements Value: $43,606

    Sales

  • Current Sale Contract Date: Mar 23, 2020
  • Current Sale Recording Date: Mar 24, 2020
  • Current Sale Transaction ID: 11750924160
  • Current Sale Price: $401,263
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5013313

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • First Mortgage Transaction Date: Mar 24, 2020
  • First Mortgage Loan Amount: $371,263
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
806 ft²
$484/ft²
$390,000 Feb 22, 2023
-
$589/mo
House
1 Bed
1 Bath
716 ft²
$510/ft²
$365,000 Oct 11, 2022
-
$594/mo
Condo
1 Bed
2 Baths
1,017 ft²
$418/ft²
$425,000 Sep 19, 2022
-
$1,189/mo

About University of Nevada


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Nearby Rentals

Unit for rent at

$2,395 /mo

  • 2 Beds
  • 2 Baths
  • 1,366 ft²
Listing by David Martin
Unit for rent at

$2,200 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,300 ft²
Listing by Cynthia Johnson
Unit for rent at

$2,450 /mo

  • 2 Beds
  • 2 Baths
Listing by Manager


Frequently Asked Questions

When was property at 1040 West 12th Street built and last sold?
The property at 1040 West 12th Street was built in 1960 and last sold on Mar 23, 2020 for $401,263.
How much is this home worth?
The estimated value of the home located at 1040 West 12th Street is $393,663.
What are some comparable homes to 1040 West 12th Street?
There are currently no comparable homes to 1040 West 12th Street.

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