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1668 Locust Street

1668 Locust Street, Reno, NV 89502
Multifamily in Southside
1668 Locust Street in Reno, NV was first built in 1982 and is 42 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 multifamily style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 16 are bedrooms. In terms of bathrooms, there are a total of 8 full bathrooms. There are 8 partial bathrooms. 1668 Locust Street has 6,790 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 13,896 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 wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The exterior walls of the home are made of materials we are unsure of. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1668 Locust Street sold most recently in Oct 1, 2021 for a total of $1,800,000. If you work out the math, that's approximately a cost of $265.10 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,453 in taxes each year. 1668 Locust Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $182,298. If we break it down further, the land itself was valued at $82,688. Improvements to the property, however, were assessed at a total of $99,610. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210618 Unit 18
06/18/2021
18
Studio
-
-
$2,000,000
bedrooms
Studio
bathrooms
-
-
-
-
Candi Peek
Ferrari-Lund Real Estate Reno

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Bedroom Count: 16
  • Bathroom Count: 8
  • Full Bathrooms: 8
  • Partial Bathrooms: 8
  • Bathroom Plumbing Fixtures: 42
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Multifamily
  • Exterior Walls Type: Other
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 8
  • Business/Commerical Units Count: 8
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,896
  • Total Building Area: 6,790
  • Gross Building Area: 6,790
  • Building Area: 6,790
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 6,790
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SOUTHSIDE
  • Land Acres: 0.319
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: SOUTHSIDE FR LT 4 BLK H

Ownership

  • Current Owner : UW 1668 LOCUST LLC
  • Previous Owner : LINDELL MICHAEL PALMER
  • Previous Owner 2: LINDELL MELISSA JOY
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 000201

Zoning

  • Zoning: MF30

Geography

  • Assessors Map Reference: 013-41
  • Parcel: 013-414-23
  • Block: H
  • Lot: 4
  • Municipality: CITY OF RENO
  • Latitude: 39.5088
  • Longitude: -119.8

    Address

  • Full Address: 1668 Locust St
  • Address - House Number: 1668
  • Address - Street Name: Locust
  • Address - Suffix Type: St
  • State: NV
  • City Name: Reno
  • Carrier Code: C029
  • 4-Digit Zip Code: 3354
  • Zip Code: 89502

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,453
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.2968
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 40
  • Final Value: 796,237
  • High Value: 1,032,594
  • Low Value: 559,879

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,239,000
  • First Open Lien Mortgage Lender: CARE CAPITAL MARKETS INC
  • First Open Lien Mortgage Recording Date: May 03, 2023
  • First Open Lien Mortgage Loan Amount: $1,239,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $376,841
  • Market Land Value: $150,465
  • Market Improvement Value: $226,376

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $182,298
  • Assessed Land Value: $82,688
  • Assessed Improvements Value: $99,610

    Sales

  • Current Sale Contract Date: Oct 01, 2021
  • Current Sale Recording Date: Oct 08, 2021
  • Current Sale Transaction ID: 11868647093
  • Current Sale Price: $1,800,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5235621

    Last Sale Mortgage

  • First Mortgage Lender: FIRST BANK
  • First Mortgage Transaction Date: Oct 08, 2021
  • First Mortgage Loan Amount: $1,170,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)

    Financing

  • First Mortgage Financing Type: Variable

About Wells Avenue Neighborhood



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Nearby Rentals

Unit for rent at

$1,299 /mo

  • 1 Bed
  • 1 Bath
  • 650 ft²
Listing by Manager
Unit for rent at

$1,350 /mo

  • 1 Bed
  • 1 Bath
  • 540 ft²
Listing by Manager
Unit for rent at

$1,350 /mo

  • 1 Bed
  • 1 Bath
  • 419 ft²
Listing by Remodeled Studio
Unit for rent at

$1,250 /mo

  • 1 Bed
  • 1 Bath
  • 522 ft²
Listing by Manager
Unit for rent at

$1,350 /mo

  • 1 Bed
  • 1 Bath
  • 522 ft²
Listing by Manager
Unit for rent at

$1,150 /mo

  • 1 Bed
  • 1 Bath
  • 520 ft²
Listing by Manager
Unit for rent at

$1,345 /mo

  • 1 Bed
  • 1 Bath
  • 600 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 1668 Locust Street located in?
The 1668 Locust Street is a multifamily located in the neighborhood of Southside in Wells Avenue Neighborhood, Reno.
What is the average sales price for listings in 1668 Locust Street?
The average sales price for units in 1668 Locust Street is $0 currently.

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