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347 West Street

347 West Street, Reno, NV 89501
Property in Downtown Reno
Sold Jan 31, 2024
$1,200,000
$100,000 by Capital One Bank Usa Na
Mortgage Due Mar 14, 2054
Sold Oct 29, 2015
$142,500
$135,375 by State Farm Bank Fsb
Mortgage Due Nov 01, 2045
Local assessors in Reno, NV have categorized 347 West Street as a residential type of property. The home was built in 1920 and is 104 years old. The property's lot size has been calculated to be 8,407 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 347 West Street has a total of 1,493 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 480 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of composition shingle. Lots of a combination of material were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source. 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, 347 West Street was last sold in Jan 30, 2024 for $1,200,000. According to our calculations, that's $599.10 per sqft. Prior to that sales transaction, the property was sold for $142,500 in Jul 16, 2015. Current property owners are expected to pay $1,758 in taxes per year. The property on 347 West Street was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $55,516. To break that down further, the land itself was valued at $31,150. While improvements to the property were assessed at a total of $24,366. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 510
  • Garage Type: Detached
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,407
  • Total Building Area: 2,003
  • Gross Building Area: 2,163
  • Building Area: 1,493
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,493
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: RENO TOWNSITE
  • Land Acres: 0.193
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RENO TOWNSITE LT 8 & FR 7 BLK E

Ownership

  • Current Owner : RENO REAL ESTATE DEV LLC
  • Previous Owner : GORHAM JOHN
  • Previous Owner 2: GORHAM PAIGE
  • Owner Before Previous Owner: CCM RNO LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 000103

Zoning

  • Zoning: MD-ED

Geography

  • Assessors Map Reference: 007-28
  • Parcel: 007-285-06
  • Block: E
  • Lot: 8
  • Municipality: CITY OF RENO - RENO REDEVELOPM
  • Latitude: 39.5289
  • Longitude: -119.817

    Address

  • Full Address: 347 West St
  • Address - House Number: 347
  • Address - Street Name: West
  • Address - Suffix Type: St
  • State: NV
  • City Name: Reno
  • Carrier Code: C017
  • 4-Digit Zip Code: 1140
  • Zip Code: 89501

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,758
  • Tax Rate Code Area: 1001

    Appraisal Valuation

  • Standard Deviation: 0.1626
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 79
  • Final Value: 681,790
  • High Value: 792,651
  • Low Value: 570,929

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: CAPITAL ONE BANK USA NA
  • First Open Lien Mortgage Recording Date: Mar 14, 2024
  • First Open Lien Mortgage Loan Amount: $100,000
  • 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: Mar 14, 2054

    Market Valuation

  • Market Total Value: $93,168
  • Market Land Value: $42,000
  • Market Improvement Value: $51,168

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $55,516
  • Assessed Land Value: $31,150
  • Assessed Improvements Value: $24,366

    Sales

  • Current Sale Contract Date: Jan 30, 2024
  • Current Sale Recording Date: Jan 31, 2024
  • Current Sale Transaction ID: 11920431642
  • Current Sale Price: $1,200,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5433019
  • Previous Sale Recording Date: Oct 29, 2015
  • Previous Sale Contract Date: Jul 16, 2015
  • Previous Sale Amount: $142,500
  • Previous Sale Document Type: Bargain and Sale Deed

    Previous Mortgages

  • Previous Mortgage Lender: STATE FARM BANK FSB
  • Previous Mortgage Transaction Date: Oct 29, 2015
  • Previous Mortgage Loan Amount: $135,375
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Farmers Home Administration
  • Previous Mortgage Loan Due Date: Nov 01, 2045

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 347 West Street located in?
The 347 West Street is a located in the neighborhood of Downtown Reno in Downtown Reno, Reno.
What is the average sales price for listings in 347 West Street?
The average sales price for units in 347 West Street is $0 currently.

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