See Home Value
Reno 89509
1229 Gordon Ave
$455,000 - $555,000
House - Off Market

1229 Gordon Ave

Reno, NV 89509
bedrooms
2 Beds
bathrooms
1 Bath
square feet
980 Sqft
Sold Feb 16, 2024
$495,000
$465,887 by American Financial Network Inc
Mortgage Due Mar 01, 2054
Sold Aug 11, 2023
$352,000
$325,000 by Lmf 2 Lp
Mortgage Due Sep 01, 2024

About This Property

Welcome to this beautiful home nestled in the heart of Old Southwest Reno, one of the city's most desirable neighborhoods. This property offers a unique blend of historic charm and modern convenience, making it the perfect place to call home.    Property updates: new kitchen cabinets, counter tops, appliances, HVAC System, electrical panel, windows, doors, flooring, fireplace, garage door bathroom, paint, trim along with a shared driveway.  NO HOA!

The manager has listed the unit size as 980 square feet.
Unit Size
980Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$515
Property Type
House
Property Taxes
$908
HOA Dues
-
Year Built
1943

Price History

Date / Event Date Event Price
Jan 3, 2024 No longer available -
No longer available
Dec 9, 2023 Price Decreased $505,000
↓ $19K (3.6%)
Price Decreased
Dec 3, 2023 Price Decreased $524,000
↓ $5K (1%)
Price Decreased
Nov 25, 2023 Listed $529,000
Listed
Aug 11, 2023 Sold to Viktor Ganchev $352,000
Sold to Viktor Ganchev
Show More

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1943
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,924
  • Total Building Area: 1,220
  • Gross Building Area: 1,220
  • Building Area: 980
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 980
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ARLINGTON SUBURBAN HOME TRACT
  • Land Acres: 0.136
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ARLINGTON HEIGHTS SUBURBAN HOME TRACT AMD FRAC LOT 1 BLK A

Ownership

  • Current Owner : BURRESS-SCHNEIDER KATHERINE
  • Previous Owner : GANCHEV VIKTOR
  • Owner Before Previous Owner: ZAMORA CHAD GORDON
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried woman

Neighborhood

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

Zoning

  • Zoning: SF8

Geography

  • Assessors Map Reference: 014-02
  • Parcel: 014-021-07
  • Block: A
  • Lot: 1
  • Municipality: CITY OF RENO
  • Latitude: 39.5121
  • Longitude: -119.819

    Address

  • Full Address: 1229 Gordon Ave
  • Address - House Number: 1229
  • Address - Street Name: Gordon
  • Address - Suffix Type: Ave
  • State: NV
  • City Name: Reno
  • Carrier Code: C009
  • 4-Digit Zip Code: 2625
  • Zip Code: 89509

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $908
  • Intital Tax Deliquent Year: 2023
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.0659
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 96
  • Final Value: 525,046
  • High Value: 559,668
  • Low Value: 490,424

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $465,887
  • First Open Lien Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • First Open Lien Mortgage Recording Date: Feb 16, 2024
  • First Open Lien Mortgage Loan Amount: $465,887
  • 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: Mar 01, 2054

    Market Valuation

  • Market Total Value: $116,976
  • Market Land Value: $85,500
  • Market Improvement Value: $31,476

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $65,245
  • Assessed Land Value: $50,041
  • Assessed Improvements Value: $15,204

    Sales

  • Current Sale Contract Date: Feb 15, 2024
  • Current Sale Recording Date: Feb 16, 2024
  • Current Sale Transaction ID: 11921323167
  • Current Sale Price: $495,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5436294
  • Previous Sale Recording Date: Aug 11, 2023
  • Previous Sale Contract Date: Aug 10, 2023
  • Previous Sale Amount: $352,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • First Mortgage Transaction Date: Feb 16, 2024
  • First Mortgage Loan Amount: $465,887
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: LMF 2 LP
  • Previous Mortgage Transaction Date: Aug 11, 2023
  • Previous Mortgage Loan Amount: $325,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Balloon
  • Previous Mortgage Loan Due Date: Sep 01, 2024



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
2 Beds
2 Baths
1,624 ft²
$305/ft²
$495,000 Nov 16, 2023
-
$2,174/mo
Condo
1 Bed
1.5 Baths
1,144 ft²
$441/ft²
$505,000 Aug 25, 2023
-
$1,027/mo

About Reno


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Frequently Asked Questions

When was property at 1229 Gordon Avenue built and last sold?
The property at 1229 Gordon Avenue was built in 1943 and last sold on Feb 15, 2024 for $495,000.
How much is this home worth?
The estimated value of the home located at 1229 Gordon Avenue is $501,498.
What are some comparable homes to 1229 Gordon Avenue?
Homes that are comparable to 1229 Gordon Avenue include a condo property at 1200 Riverside Drive, 100 North Arlington Avenue, which are both great to check out.

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