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2428 Sutro Street

2428 Sutro Street, Reno, NV 89512
Multifamily in Northeast Reno
Sold Jun 24, 2011
$82,000
$160,000 by Heritage Bank Of Nevada
Mortgage
Sold Mar 16, 2011
$66,000
2428 Sutro Street has been categorized by the local assessors in Reno, NV as a residential type of property. The building on the property was first built in 1964 and is 60 years old. The home has a total of 8 bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2428 Sutro Street has 3,456 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 10,716 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying both a unknown and a unknown. 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 wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of E by the local assessor. The roof of the building is made of asphalt and ply sheets in a built-up roof style. The exterior walls of the building are made of concrete block. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. 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. 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, 2428 Sutro Street sold most recently in Jun 21, 2011 for a total of $82,000. If you work out the math, that's approximately a cost of $23.73 per sqft. Before that, the property was also sold for $66,000 in Mar 14, 2011. 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 $1,303 in taxes each year. 2428 Sutro Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $89,185. If we break it down further, the land itself was valued at $54,250. Improvements to the property, however, were assessed at a total of $34,935. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Bedroom Count: 8
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 20
  • Building Condition: Good
  • Building Quality: E
  • Construction Type: Wood
  • Building Style: Multifamily
  • Exterior Walls Type: Concrete block
  • Roof Cover Type: Built-up
  • Floor Count: 2
  • Living Units: 4
  • Business/Commerical Units Count: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,716
  • Total Building Area: 3,456
  • Gross Building Area: 3,456
  • Building Area: 3,456
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,456
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: _UNSPECIFIED
  • Land Acres: 0.246
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: FR SE4 SEC 36 TWP 20 RGE 19

Ownership

  • Current Owner : HEYDON TIMOTHY
  • Previous Owner : WELLS FARGO BANK N A
  • Owner Before Previous Owner: PHILLIPS MELVIN E
  • Owner Before Previous Owner 2: PHILLIPS PATRICIA A
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 001701

Zoning

  • Zoning: MF30

Geography

  • Assessors Map Reference: 004-09
  • Parcel: 004-093-16
  • Meridian: SEC 36 TWN 20N RNG 19E
  • Municipality: CITY OF RENO
  • Latitude: 39.5505
  • Longitude: -119.798

    Address

  • Full Address: 2428 Sutro St
  • Address - House Number: 2428
  • Address - Street Name: Sutro
  • Address - Suffix Type: St
  • State: NV
  • City Name: Reno
  • Carrier Code: C085
  • 4-Digit Zip Code: 1872
  • Zip Code: 89512

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,303
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.2968
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 40
  • Final Value: 511,745
  • High Value: 663,652
  • Low Value: 359,837

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $160,000
  • First Open Lien Mortgage Lender: HERITAGE BANK OF NEVADA
  • First Open Lien Mortgage Recording Date: Oct 30, 2017
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $160,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $156,835
  • Market Land Value: $86,020
  • Market Improvement Value: $70,815

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $89,185
  • Assessed Land Value: $54,250
  • Assessed Improvements Value: $34,935

    Sales

  • Current Sale Contract Date: Jun 21, 2011
  • Current Sale Recording Date: Jun 24, 2011
  • Current Sale Transaction ID: 1190883876
  • Current Sale Price: $82,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 4016194
  • Previous Sale Recording Date: Mar 16, 2011
  • Previous Sale Contract Date: Mar 14, 2011
  • Previous Sale Amount: $66,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

About Northeast Reno



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,920 /mo

  • 2 Beds
  • 2.5 Baths
Listing by Bryan Jarrell

Frequently Asked Questions

What neighborhood is 2428 Sutro Street located in?
The 2428 Sutro Street is a multifamily located in the neighborhood of Northeast Reno in Northeast Reno, Reno.
What is the average sales price for listings in 2428 Sutro Street?
The average sales price for units in 2428 Sutro Street is $0 currently.

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