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121 Vine Street

121 Vine Street, Reno, NV 89503
Multifamily in Downtown Reno
121 Vine Street has been categorized by the local assessors in Reno, NV as a residential type of property. The building on the property was first built in 1936 and is 88 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 121 Vine Street has 2,208 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,490 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The garage measured 630 sqft. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of a combination of material. The inside of the home is being cooled with a wall air conditioning unit at the moment. In terms of heating, it is utilizing a forced air unit. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 121 Vine Street was last sold in Oct 9, 2019 for $515,000. According to our calculations, that's $233.24 per sqft. Prior to that sales transaction, the property was sold for $330,000 in Jun 25, 2008. Current property owners are expected to pay $1,057 in taxes per year. The property on 121 Vine Street was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $67,689. To break that down further, the land itself was valued at $42,840. While improvements to the property were assessed at a total of $24,849. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Wood Siding
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190718
07/18/2019
Studio
-
-
$758,000
bedrooms
Studio
bathrooms
-
$515,000 -32.06%
10/23/2019
Terry Rasner-Yacenda

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1936
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Duplex
  • Exterior Walls Type: Combination
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 2
  • Basement Area: 0
  • Garage Square Area: 630
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,490
  • Total Building Area: 2,208
  • Gross Building Area: 2,208
  • Building Area: 2,208
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Wall air conditioning unit
  • Heating: Forced air unit
  • Heated Square Feet: 2,208
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: POWNINGS ADDITION
  • Land Acres: 0.149
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: POWNINGS ADD FRAC LOT 5 & 6 BLK 0

Ownership

  • Current Owner : MCCARTHY ROBERT R
  • Current Owner 2: MCCARTHY VALERIE J
  • Previous Owner : HURSH JACK P
  • Owner Before Previous Owner: JOHNSON RANDELL RAY
  • Owner Before Previous Owner 2: HUGHES BARBARA ANN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 000104

Zoning

  • Zoning: MD-PD

Geography

  • Assessors Map Reference: 011-01
  • Parcel: 011-012-07
  • Block: O
  • Lot: 5,6
  • Meridian: SEC 11 TWN 19N RNG 19E
  • Municipality: CITY OF RENO
  • Latitude: 39.5239
  • Longitude: -119.825

    Address

  • Full Address: 121 Vine St
  • Address - House Number: 121
  • Address - Street Name: Vine
  • Address - Suffix Type: St
  • State: NV
  • City Name: Reno
  • Carrier Code: C072
  • 4-Digit Zip Code: 5547
  • Zip Code: 89503

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,057
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.2065
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 72
  • Final Value: 696,937
  • High Value: 840,870
  • Low Value: 553,005

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $375,000
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Oct 23, 2019
  • First Open Lien Mortgage Loan Amount: $375,000
  • 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: Nov 01, 2049

    Market Valuation

  • Market Total Value: $132,293
  • Market Land Value: $80,000
  • Market Improvement Value: $52,293

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $67,689
  • Assessed Land Value: $42,840
  • Assessed Improvements Value: $24,849

    Sales

  • Current Sale Contract Date: Oct 09, 2019
  • Current Sale Recording Date: Oct 23, 2019
  • Current Sale Transaction ID: 11672290560
  • Current Sale Price: $515,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 4965530
  • Previous Sale Recording Date: Jul 02, 2008
  • Previous Sale Contract Date: Jun 25, 2008
  • Previous Sale Amount: $330,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Oct 23, 2019
  • First Mortgage Loan Amount: $375,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jul 02, 2008
  • Previous Mortgage Loan Amount: $247,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2038

About Downtown Reno



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Frequently Asked Questions

What neighborhood is 121 Vine Street located in?
The 121 Vine Street is a multifamily located in the neighborhood of Downtown Reno in Downtown Reno, Reno.
What is the average sales price for listings in 121 Vine Street?
The average sales price for units in 121 Vine Street is $748,000 currently.

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