When was property at 231 Cheney Street built and last sold?

The property at 231 Cheney Street was built in 1926 and last sold on Feb 14, 2022 for $500,000.

How much is this home worth?

The estimated value of the home located at 231 Cheney Street is $554,490.

What are some comparable homes to 231 Cheney Street?

There are currently no comparable homes to 231 Cheney Street.

Reno

89502

Wells Avenue Neighborhood

231 Cheney St

1 / 13

Map

$556,524*

● House - Off Market

231 Cheney St

Reno, NV 89502

7 Beds

5 Baths

1721 Sqft

$495,000 - $603,000

Reference Base Price*

1.37%

Since May 1, 2022

National-US

Primary Model

Sold May 03, 2022

$500,000

Rutski Joseph A

Buyer

Olmos Maricruz

Seller

$290,000 by Rocket Mortgage Llc

Mortgage Due Apr 01, 2053

Sold Sep 22, 2003

$226,000

Olmos Hubilialdo Olmos Maricruz

Buyer

Olarreaga Barbara A Peri Patricia L

Seller

$100,000 by Finance America Llc

Mortgage Due Oct 01, 2018

About This Property

Great investment opportunity in Midtown!! You can live in the front house or in the back house. Front home has 3 bedrooms and two baths and back structure has 4 bedrooms. In the heart of the city and within minutes of downtown. Close to everything. Most changes and additions made to this property were made without permits.

The manager has listed the unit size as 1721 square feet.

Unit Size

1,721Ft²

Days on Market

Land Size

0.16 acres

Price per sqft

$319

Property Type

House

Property Taxes

$290

HOA Dues

Year Built

1926

Price History

Date / Event	Date	Event
May 3, 2022	Sold to Joseph A Rutski	$500,000
Sold to Joseph A Rutski
Apr 5, 2022	No longer available	-
No longer available
Mar 31, 2022	Price Decreased	$549,000 ↓ $50K (8.4%)
Price Decreased
Feb 20, 2022	Relisted	$599,999
Relisted
Feb 20, 2022	Price Decreased	$599,000 ↓ $999 (0.2%)
Price Decreased
Dec 15, 2021	No longer available	-
No longer available
Aug 1, 2021	Price Decreased	$599,999 ↓ $50K (7.7%)
Price Decreased
Jul 10, 2021	Price Decreased	$650,000 ↓ $35K (5.1%)
Price Decreased
May 12, 2021	Listed	$685,000
Listed

Property Highlights

Fireplace

Garage

Building Info

Overview

General

Year Built: 1926

Effective Year Built: 1926
Building Count: 3
Bedroom Count: 5
Bathroom Count: 4
Full Bathrooms: 4
Partial Bathrooms: 4
Bathroom Plumbing Fixtures: 21
Building Condition: Good
Building Quality: D
Construction Type: Frame
Building Style: Multifamily
Exterior Walls Type: Single (not wood)
Roof Cover Type: Composition shingle
Floor Count: 1
Living Units: 3
Basement Type: Unfinished basement
Basement Area: 476
Garage Type: Attached
Garage Square Area: 544
Parking Space Count: 0

Dimensions

Lot Size Square Feet: 6,752

Total Building Area: 4,031
Gross Building Area: 4,031
Building Area: 3,011
Building Area Measurement: Living Area

Heating and Cooling

Air Conditioning: unknown

Heating: Forced air unit
Heated Square Feet: 3,011
Heating Fuel Type: unknown

Utilities

Sewer System: Municipal

Water Service: Municipal

Building

Property Class: Residential

Subdivision: WELLS ADDITION
Land Acres: 0.155
Standard Land Use Code: Multi-family dwellings (generic, 2+)
Legal Description 1: WELLS ADD LT 15 BLK 10

Ownership

Current Owner : RUTSKI JOSEPH A

Previous Owner : OLMOS
Previous Owner 2: MARICRUZ
Owner Before Previous Owner: OLARREAGA BARBARA A
Owner Before Previous Owner 2: PERI PATRICIA L
Ownership Rights Codes: Single/unmarried man

Neighborhood

School District Name: Washoe County School District

Census Tract: 000202

Zoning

Zoning: MF30

Geography

Assessors Map Reference: 013-11

Parcel: 013-111-13
Block: 10
Lot: 15
Municipality: CITY OF RENO
Latitude: 39.5186
Longitude: -119.806

Address

Full Address: 231 Cheney St

Address - House Number: 231
Address - Street Name: Cheney
Address - Suffix Type: St
State: NV
City Name: Reno
Carrier Code: C018
4-Digit Zip Code: 0901
Zip Code: 89502

Valuation

Tax

Tax Year: 2023

Tax Amount: $1,835
Tax Rate Code Area: 1000

Appraisal Valuation

Standard Deviation: 0.2968

Valuation Date: Feb 28, 2024
Confidence Score: 40
Final Value: 542,962
High Value: 704,136
Low Value: 381,787

Open Liens

Total Open Liens: 1

Total Open Liens Amount: $290,000
First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
First Open Lien Mortgage Recording Date: Mar 27, 2023
First Open Lien Mortgage Loan Amount: $290,000
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: Apr 01, 2053

Market Valuation

Market Total Value: $185,061

Market Land Value: $101,200
Market Improvement Value: $83,861

Assessments Valuation

Assessed Year: 2024

Assessed Total Value: $99,402
Assessed Land Value: $59,500
Assessed Improvements Value: $39,902

Sales

Current Sale Contract Date: Feb 14, 2022

Current Sale Recording Date: May 03, 2022
Current Sale Transaction ID: 11887320315
Current Sale Price: $500,000
Current Sale Document Type: Bargain and Sale Deed
Current Sale Input Document Number: 5300174
Previous Sale Recording Date: Sep 22, 2003
Previous Sale Contract Date: Aug 21, 2003
Previous Sale Amount: $226,000
Previous Sale Document Type: Bargain and Sale Deed

Previous Mortgages

Previous Mortgage Lender: FINANCE AMERICA LLC

Previous Mortgage Transaction Date: Sep 22, 2003
Previous Mortgage Loan Amount: $100,000
Previous Mortgage Term: 180
Previous Mortgage Loan Type: Unknown (DEFAULT)
Previous Mortgage Loan Due Date: Oct 01, 2018

Redact Ownership Info

Comparables

About Wells Avenue Neighborhood

Stats & Trends

Median Asking:

$462,500

Sale Price/ft²

$380

Below Asking

0.01%

Average Days on Market

Average Home Size

1523 ft²

Average Home Age

71.5 years

Currently For Sale

2 Listings

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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2 Baths
896 ft²

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$2,395 /mo

2 Beds
2 Baths
1,366 ft²

50 N Sierra Street, Reno, NV, 89501 Listing by David Martin

Unit for rent at 700 W Plumb Lane, Reno, NV, 89509

$2,400 /mo

2 Beds
1 Bath
1,076 ft²

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231 Cheney St

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Ownership

Neighborhood

Zoning

Geography

Valuation

Comparables

About Wells Avenue Neighborhood

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions