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240 Gentry Way

240 Gentry Way, Reno, NV 89502
Commercial in Washoe
240 Gentry Way has been categorized by the local assessors in Reno, NV as a commercial type of property. The building on the property was first built in 1970 and is 54 years old. However, we must point out that the home was most recently renovated and altered in 1997. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 240 Gentry Way has 3,480 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 14,636 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of concrete block. The inside of the home is being cooled with a packaged air conditioning unit at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 240 Gentry Way was last sold in Feb 3, 2023 for $641,500. According to our calculations, that's $184.34 per sqft. Prior to that sales transaction, the property was sold for $600,000 in Aug 15, 2019. Current property owners are expected to pay $5,819 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2023. The property on 240 Gentry Way was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $194,637. To break that down further, the land itself was valued at $61,471. While improvements to the property were assessed at a total of $133,166. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210110
01/10/2021
Loft
-
-
$875,000
bedrooms
Loft
bathrooms
-
-
-
-
YaYa Jackoby
Ferrari-Lund Real Estate South

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Floor Count: 1
  • Living Units: 1
  • Business/Commerical Units Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,636
  • Total Building Area: 3,480
  • Gross Building Area: 3,480
  • Building Area: 3,480
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 3,480
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Subdivision: _UNSPECIFIED
  • Land Acres: 0.336
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: PM 1422 FRAC LOTS A & B

Ownership

  • Current Owner : LITWIN AYTAN
  • Previous Owner : FUCHS INVESTMENTS LLC
  • Owner Before Previous Owner: LITWIN PROPERTIES LLC
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 002211

Zoning

  • Zoning: MU

Geography

  • Assessors Map Reference: 1422
  • Parcel: 020-201-53
  • Lot: A,B
  • Municipality: CITY OF RENO - REDEVELOPMENT A
  • Latitude: 39.4946
  • Longitude: -119.795

    Address

  • Full Address: 240 Gentry Way
  • Address - House Number: 240
  • Address - Street Name: Gentry
  • Address - Suffix Type: Way
  • State: NV
  • City Name: Reno
  • Carrier Code: C055
  • 4-Digit Zip Code: 4209
  • Zip Code: 89502

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,819
  • Intital Tax Deliquent Year: 2023
  • Tax Rate Code Area: 1002

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $180,000
  • First Open Lien Mortgage Lender: FUCHS INVESTMENT LLC
  • First Open Lien Mortgage Recording Date: Feb 09, 2023
  • First Open Lien Mortgage Loan Amount: $180,000
  • 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: $398,271
  • Market Land Value: $95,134
  • Market Improvement Value: $303,137

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $194,637
  • Assessed Land Value: $61,471
  • Assessed Improvements Value: $133,166

    Sales

  • Current Sale Contract Date: Feb 03, 2023
  • Current Sale Recording Date: Feb 09, 2023
  • Current Sale Transaction ID: 11902013976
  • Current Sale Price: $641,500
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5361612
  • Previous Sale Recording Date: Aug 22, 2019
  • Previous Sale Contract Date: Aug 15, 2019
  • Previous Sale Amount: $600,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: FUCHS INVESTMENT LLC
  • First Mortgage Transaction Date: Feb 09, 2023
  • First Mortgage Loan Amount: $180,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Reno



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Frequently Asked Questions

What neighborhood is 240 Gentry Way located in?
The 240 Gentry Way is a commercial located in the neighborhood of Washoe in Reno, Reno.
What is the average sales price for listings in 240 Gentry Way?
The average sales price for units in 240 Gentry Way is $0 currently.

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