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1127 Montello Street

1127 Montello Street, Reno, NV 89512
Property in Northeast Reno
1 Units For Sale
Unit for sale at 1127 Montello, Reno, NV 89502

$419,000

  • Studio
1127 Montello #11251127, Reno, NV 89502 Listing by Stephen Connolly

Local assessors in Reno, NV have categorized 1127 Montello Street as a residential type of property. The home was built in 1962 and is 62 years old. The property's lot size has been calculated to be 6,316 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1127 Montello Street has a total of 1,632 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 528 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a roof that is made of composition shingle. Lots of brick veneer were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source. The property was last sold in Sep 1, 2023 for $400,000. That's $245.10 per sqft. Prior to that sales transaction, the property was also sold in Aug 23, 2013 for $105,000. 1127 Montello Street was last assessed in 2024. The total value of the property was assessed at $64,415. Specifically, the land the property is located on was valued at $42,875. While improvements on the property were assessed at a total of $21,540. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $991. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.

Building Features

Exterior

Brick Venner Exterior
Masonry Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220909 Unit 11251127
09/09/2022
Studio
-
-
$429,000
bedrooms
Studio
bathrooms
-
-
-
-
Stephen Connolly
Steve Connolly Realty

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Duplex
  • Exterior Walls Type: Brick veneer
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,316
  • Total Building Area: 1,632
  • Gross Building Area: 1,632
  • Building Area: 1,632
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,632
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PATTON-FREDERICK ADDITION 1
  • Land Acres: 0.145
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: PATTON-FREDERICK ADD 1 LT 10 BLK A

Ownership

  • Current Owner : RIOS-MIRANDA JOSE SANTOS
  • Current Owner 2: MADERA ELVIA LANDA
  • Previous Owner : STEPHEN J WRIGHT LIVING TRUST
  • Owner Before Previous Owner: FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 001801

Zoning

  • Zoning: MF14

Geography

  • Assessors Map Reference: 008-08
  • Parcel: 008-084-27
  • Block: A
  • Lot: 10
  • Meridian: SEC 1 TWN 19N RNG 19E
  • Municipality: CITY OF RENO
  • Latitude: 39.5404
  • Longitude: -119.796

    Address

  • Full Address: 1127 Montello St
  • Address - House Number: 1127
  • Address - Street Name: Montello
  • Address - Suffix Type: St
  • State: NV
  • City Name: Reno
  • Carrier Code: C097
  • 4-Digit Zip Code: 2941
  • Zip Code: 89512

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $991
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.0659
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 96
  • Final Value: 426,123
  • High Value: 454,222
  • Low Value: 398,024

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $392,755
  • First Open Lien Mortgage Lender: GUILD MORTGAGE COMPANY LLC
  • First Open Lien Mortgage Recording Date: Sep 15, 2023
  • First Open Lien Mortgage Loan Amount: $392,755
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2053

    Market Valuation

  • Market Total Value: $117,576
  • Market Land Value: $73,600
  • Market Improvement Value: $43,976

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $64,415
  • Assessed Land Value: $42,875
  • Assessed Improvements Value: $21,540

    Sales

  • Current Sale Contract Date: Sep 01, 2023
  • Current Sale Recording Date: Sep 15, 2023
  • Current Sale Transaction ID: 11913684068
  • Current Sale Price: $400,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5406442
  • Previous Sale Recording Date: Aug 28, 2013
  • Previous Sale Contract Date: Aug 23, 2013
  • Previous Sale Amount: $105,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUILD MORTGAGE COMPANY LLC
  • First Mortgage Transaction Date: Sep 15, 2023
  • First Mortgage Loan Amount: $392,755
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2053

About Northeast Reno



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Frequently Asked Questions

What neighborhood is 1127 Montello Street located in?
The 1127 Montello Street is a located in the neighborhood of Northeast Reno in Northeast Reno, Reno.
How many listings are currently for sale in 1127 Montello Street?
There is one unit for sale right now.
What is the average sales price for listings in 1127 Montello Street?
The average sales price for units in 1127 Montello Street is $419,000 currently.

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