Check Availability
$348,000
Land - For Sale

1587 Plumas St

Reno, NV 89509
bedrooms
Studio
bathrooms
0 Bath
$2,263
Estimated Monthly
$0
HOA / Fees
2.23%
Cap Rate

About This Property

Prime opportunity in Midtown Reno! Build your investment portfolio with this ready-to-build lot for a new multi-family development featuring up to three units. Located in the heart of midtown, this property offers the perfect blend of convenience and urban living. Don't miss the chance to capitalize on the thriving real estate market in this sought-after location. Act now and turn this blank canvas into a lucrative investment!
Unit Size
-
Days on Market
88 days
Land Size
0.16 acres
Price per sqft
-
Property Type
Land
Property Taxes
$554
HOA Dues
-
Year Built
1939
Listed By
Kristi Maxwell
Kristi Maxwell
Realty One Group Eminence
Last updated: 3 months ago (NNRMLS #240001080)

Price History

Date / Event Date Event Price
Feb 1, 2024 Listed by Realty ONE Group Eminence $348,000
Listed by Realty ONE Group Eminence
Jul 27, 2022 Sold to Candace Faye Borrego, Krist... $315,000
Sold to Candace Faye Borrego, Krist...

Property Highlights

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1939
  • Building Count: 1
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,013
  • Total Building Area: 672
  • Gross Building Area: 753
  • Building Area: 672
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Wood burning
  • Heated Square Feet: 672
  • Heating Fuel Type: Wood

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Vacant
  • Subdivision: _UNSPECIFIED
  • Land Acres: 0.161
  • Standard Land Use Code: Residential-vacant land
  • Legal Description 1: FRAC SE4 SEC 13, 14, 23, 24 TWP 19N RGE 19E

Ownership

  • Current Owner : BORREGO KRISTIN MARIE
  • Current Owner 2: BORREGO CANDACE FAYE
  • Previous Owner : RODDA LIVING TRUST
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 000301

Zoning

  • Zoning: MF14

Geography

  • Assessors Map Reference: 014-19
  • Parcel: 014-193-06
  • Meridian: SEC 14 TWN 19N RNG 19E
  • Municipality: CITY OF RENO
  • Latitude: 39.5088
  • Longitude: -119.813

    Address

  • Full Address: 1587 Plumas St
  • Address - House Number: 1587
  • Address - Street Name: Plumas
  • Address - Suffix Type: St
  • State: NV
  • City Name: Reno
  • Carrier Code: C061
  • 4-Digit Zip Code: 3318
  • Zip Code: 89509

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $657
  • Tax Rate Code Area: 1000

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $299,250
  • First Open Lien Mortgage Lender: AMERISAVE MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Jul 27, 2022
  • First Open Lien Mortgage Loan Amount: $299,250
  • 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: Aug 01, 2052

    Market Valuation

  • Market Total Value: $100,025
  • Market Land Value: $80,000
  • Market Improvement Value: $20,025

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $43,645
  • Assessed Land Value: $43,645

    Sales

  • Current Sale Contract Date: Jul 25, 2022
  • Current Sale Recording Date: Jul 27, 2022
  • Current Sale Transaction ID: 11893721149
  • Current Sale Price: $315,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5321290

    Last Sale Mortgage

  • First Mortgage Lender: AMERISAVE MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Jul 27, 2022
  • First Mortgage Loan Amount: $299,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2052

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Land
Loft
-
-
$297,000 Jan 2, 2024
-
$231/mo
Condo
1 Bed
1 Bath
805 ft²
$410/ft²
$330,000 Nov 30, 2023
-
$716/mo
Condo
1 Bed
1 Bath
770 ft²
$401/ft²
$309,000 Mar 1, 2024
-
$942/mo
Condo
1 Bed
1 Bath
1,005 ft²
$408/ft²
$410,000 Sep 23, 2023
-
$1,246/mo

About Plumas


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Frequently Asked Questions

When was property at 1587 Plumas Street built and last sold?
The property at 1587 Plumas Street was built in 1939 and last sold on Jul 25, 2022 for $315,000.
How much is this home worth?
The estimated value of the home located at 1587 Plumas Street is $351,480.
What are some comparable homes to 1587 Plumas Street?
Homes that are comparable to 1587 Plumas Street include a land property at 327 East Taylor Street, a condo property at 255 North Sierra Street, 200 West 2nd Street.

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