See Home Value
$773,208*
Multifamily - Off Market

1931 Valley Rd.

Reno, NV 89512
bedrooms
Studio
bathrooms
0 Bath
$603,000 - $735,000
Reference Base Price*
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

A nice shady setting with mature trees is a two bedroom home and duplex on a corner lot. The house has a large front yard and a dog run in rear.  The property is fenced and there is a two car garage. Improvements include new breaker panel, recent water heater replacement and a sewer line to the street replaced from the duplex backyard.  2 new stoves in the duplex were recently replaced. There is a bus line close by and only blocks from University of Nevada at Reno. Rents are well below market.  Listing Agent: Jeanne Wiest Email Address: [email protected] Broker: Trans-Action Realty 500 There are 61 designated opportunity zones in Nevada.  https:/opportunitydb.com/location/nevada is the site for a great map for designated areas.  Tax incentive created end of 2017 for development in lower income areas. Tax deferral, reduction of taxes..www.diversitynevada.comprograms/opportunity zones. (Ozones)  It is a capital gains deferment program for economically distressed and or/ lower income areas to encourage economic and community development in these areas. Dept. of Business and Industry, State of NV.gov for more information.   Property consists of a 2 bedroom house and a duplex with a 1 bedroom on 1 side and a 2 bedroom on the other side.
Unit Size
-
Days on Market
-
Land Size
0.17 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$770
HOA Dues
-
Year Built
1940

Price History

Date / Event Date Event Price
Sep 15, 2021 Sold to Carla Hughes, Ernest Robert... $640,000
Sold to Carla Hughes, Ernest Robert...
Jul 24, 2021 No longer available -
No longer available
Jun 26, 2021 Price Decreased $669,000
↓ $46K (6.4%)
Price Decreased
May 7, 2021 Listed $715,000
Listed

Property Highlights

Garage


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210507
05/07/2021
Studio
-
-
$715,000
bedrooms
Studio
bathrooms
-
$640,000 -10.49%
09/15/2021
Jeanne Wiest
Trans-Action Realty 500

Building Info

1931 Valley Road 1931 Valley Road, Reno, NV 89512
More about this Building
1931 Valley Road
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About University of Nevada


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