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1227 Gordon Avenue

1227 Gordon Avenue, Reno, NV 89509
Multifamily in Washoe
Sold Mar 20, 2020
$440,000
$356,500 by Ladera Lending Inc
Mortgage Due Mar 01, 2051
Sold Jun 25, 2019
$350,000
1227 Gordon Avenue in Reno, NV was first built in 1961 and is 63 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 duplex style. It is a single story home. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1227 Gordon Avenue has 1,504 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 6,316 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. As for heating, the home is utilizing a forced air unit. 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, 1227 Gordon Avenue was last sold in Mar 17, 2020 for $440,000. According to our calculations, that's $292.55 per sqft. Prior to that sales transaction, the property was sold for $350,000 in Jun 25, 2019. Current property owners are expected to pay $1,079 in taxes per year. The property on 1227 Gordon Avenue was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $74,246. To break that down further, the land itself was valued at $55,781. While improvements to the property were assessed at a total of $18,465. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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

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

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • 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: Combination
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 2
  • Business/Commerical Units Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,316
  • Total Building Area: 1,504
  • Gross Building Area: 1,504
  • Building Area: 1,504
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,504
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ARLINGTON SUBURBAN HOME TRACT
  • Land Acres: 0.145
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: ARLINGTON HEIGHTS SUBURBAN HOME TRACT AMD FRAC LOT 1 BLK A

Ownership

  • Current Owner : DESROSIERS MICHAEL JACOB
  • Previous Owner : MAVERICK SPRINGS LLC
  • Owner Before Previous Owner: ALLISON GORDON

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 000402

Zoning

  • Zoning: SF8

Geography

  • Assessors Map Reference: 014-02
  • Parcel: 014-021-08
  • Block: A
  • Lot: 1
  • Municipality: CITY OF RENO
  • Latitude: 39.5121
  • Longitude: -119.819

    Address

  • Full Address: 1227 Gordon Ave
  • Address - House Number: 1227
  • Address - Street Name: Gordon
  • Address - Suffix Type: Ave
  • State: NV
  • City Name: Reno
  • Carrier Code: C009
  • 4-Digit Zip Code: 2659
  • Zip Code: 89509

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,079
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.1748
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 77
  • Final Value: 575,538
  • High Value: 676,183
  • Low Value: 474,892

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $356,500
  • First Open Lien Mortgage Lender: LADERA LENDING INC
  • First Open Lien Mortgage Recording Date: Mar 12, 2021
  • First Open Lien Mortgage Loan Amount: $356,500
  • 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: Mar 01, 2051

    Market Valuation

  • Market Total Value: $132,501
  • Market Land Value: $95,030
  • Market Improvement Value: $37,471

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $74,246
  • Assessed Land Value: $55,781
  • Assessed Improvements Value: $18,465

    Sales

  • Current Sale Contract Date: Mar 17, 2020
  • Current Sale Recording Date: Mar 20, 2020
  • Current Sale Transaction ID: 11749315603
  • Current Sale Price: $440,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5012679
  • Previous Sale Recording Date: Jun 25, 2019
  • Previous Sale Contract Date: Jun 25, 2019
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Mar 20, 2020
  • First Mortgage Loan Amount: $352,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050

About Reno



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Frequently Asked Questions

What neighborhood is 1227 Gordon Avenue located in?
The 1227 Gordon Avenue is a multifamily located in the neighborhood of Washoe in Reno, Reno.
What is the average sales price for listings in 1227 Gordon Avenue?
The average sales price for units in 1227 Gordon Avenue is $0 currently.

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