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351 East Taylor Street

351 East Taylor Street, Reno, NV 89502
Multifamily in Meadow View
351 East Taylor Street 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 1934 and is 90 years old. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 351 East Taylor Street has 880 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 3,881 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. 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 fair. 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 D by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of masonry. The inside of the home is being cooled with a evaporative cooler at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. 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, 351 East Taylor Street sold most recently in Nov 24, 2021 for a total of $675,000. If you work out the math, that's approximately a cost of $357.52 per sqft. Before that, the property was also sold for $395,000 in Jan 30, 2018. 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 $1,466 in taxes each year. The initial year of tax delinquency occurred in 2023. 351 East Taylor Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $73,647. If we break it down further, the land itself was valued at $43,330. Improvements to the property, however, were assessed at a total of $30,317. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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

Brick Exterior

Parking

Attached Garage
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20191024
10/24/2019
Studio
-
-
$625,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1934
  • Effective Year Built: 1934
  • Building Count: 2
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Business/Commerical Units Count: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,008
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,881
  • Total Building Area: 1,888
  • Gross Building Area: 1,888
  • Building Area: 1,888
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Evaporative cooler
  • Heating: Forced air unit
  • Heated Square Feet: 880
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Subdivision: MEADOW VIEW ADDITION
  • Land Acres: 0.089
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: MEADOW VIEW ADD FR LT 16 BLK 4

Ownership

  • Current Owner : FM LIMITED LLC
  • Previous Owner : COX MICHAEL M
  • Previous Owner 2: COX HOLLIS A
  • Owner Before Previous Owner: NP
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 000202

Zoning

  • Zoning: GC

Geography

  • Assessors Map Reference: 013-11
  • Parcel: 013-114-09
  • Block: 4
  • Lot: 16
  • Municipality: CITY OF RENO
  • Latitude: 39.5175
  • Longitude: -119.803

    Address

  • Full Address: 351 E Taylor St
  • Address - House Number: 351
  • Street Direction: E
  • Address - Street Name: Taylor
  • Address - Suffix Type: St
  • State: NV
  • City Name: Reno
  • Carrier Code: C018
  • 4-Digit Zip Code: 2433
  • Zip Code: 89502

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,466
  • Intital Tax Deliquent Year: 2023
  • Tax Rate Code Area: 1000

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $575,000
  • First Open Lien Mortgage Lender: MIKE AND HOLLY COX REVOCABLE T
  • First Open Lien Mortgage Recording Date: Nov 29, 2021
  • First Open Lien Mortgage Loan Amount: $575,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Seller take-back
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $134,516
  • Market Land Value: $71,800
  • Market Improvement Value: $62,716

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $73,647
  • Assessed Land Value: $43,330
  • Assessed Improvements Value: $30,317

    Sales

  • Current Sale Contract Date: Nov 24, 2021
  • Current Sale Recording Date: Nov 29, 2021
  • Current Sale Transaction ID: 11871593871
  • Current Sale Price: $675,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5252658
  • Previous Sale Recording Date: Feb 07, 2018
  • Previous Sale Contract Date: Jan 30, 2018
  • Previous Sale Amount: $395,000
  • Previous Sale Document Type: Deed in Lieu of Foreclosure

    Last Sale Mortgage

  • First Mortgage Lender: MIKE AND HOLLY COX REVOCABLE T
  • First Mortgage Transaction Date: Nov 29, 2021
  • First Mortgage Loan Amount: $575,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Seller take-back

About Wells Avenue Neighborhood



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Frequently Asked Questions

What neighborhood is 351 East Taylor Street located in?
The 351 East Taylor Street is a multifamily located in the neighborhood of Meadow View in Wells Avenue Neighborhood, Reno.
What is the average sales price for listings in 351 East Taylor Street?
The average sales price for units in 351 East Taylor Street is $0 currently.

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