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458 East 7th Street

458 East 7th Street, Reno, NV 89512
Multifamily in Downtown Reno
1 Units For Sale
Unit for sale at 458/460 E 7th St, Reno, NV 89512

$875,000

  • Studio
458/460 E 7th St, Reno, NV 89512 Listing by Santiago Solano

458 East 7th 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 1920 and is 104 years old. The home has a total of 2 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 458 East 7th Street has 760 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 1,750 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex 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 frame 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 composition shingle. The exterior walls of the building are made of a combination of material. In terms of heating, it is utilizing a wood burning heating system and being fueled with wood. 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, 458 East 7th Street was last sold in Sep 28, 2018 for $133,500. According to our calculations, that's $128.86 per sqft. Prior to that sales transaction, the property was sold for $117,000 in Jun 27, 2013. Current property owners are expected to pay $782 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2023. The property on 458 East 7th Street was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $58,932. To break that down further, the land itself was valued at $46,932. While improvements to the property were assessed at a total of $12,000. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.

Building Features

Exterior

Wood Siding
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20180904
09/04/2018
Studio
-
-
-
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 2
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Good
  • Building Quality: E
  • Construction Type: Frame
  • Building Style: Duplex
  • Exterior Walls Type: Combination
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 276
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,750
  • Total Building Area: 1,036
  • Gross Building Area: 1,120
  • Building Area: 760
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Wood burning
  • Heated Square Feet: 760
  • Heating Fuel Type: Wood

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: EVANS NORTHEAST ADDITION
  • Land Acres: 0.04
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: EVANS NE ADD AMD FRAC LOT 16 BLOCK 6

Ownership

  • Current Owner : ZAMKU PROPERTIES LLC
  • Previous Owner : LEI CLARK PROPERTIES LLC
  • Owner Before Previous Owner: KERBER MARK
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 000105

Zoning

  • Zoning: MD-ID

Geography

  • Assessors Map Reference: 007-23
  • Parcel: 007-233-11
  • Block: 6
  • Lot: 16
  • Meridian: SEC 2 TWN 19N RNG 19E
  • Municipality: CITY OF RENO - REDEVELOPMENT A
  • Latitude: 39.5344
  • Longitude: -119.809

    Address

  • Full Address: 458 E 7th St
  • Address - House Number: 458
  • Street Direction: E
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: NV
  • City Name: Reno
  • Carrier Code: C089
  • 4-Digit Zip Code: 3331
  • Zip Code: 89512

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $782
  • Intital Tax Deliquent Year: 2023
  • Tax Rate Code Area: 1002

    Appraisal Valuation

  • Standard Deviation: 0.1762
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 77
  • Final Value: 501,850
  • High Value: 590,299
  • Low Value: 413,401

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $135,000
  • First Open Lien Mortgage Lender: HERITAGE BANK OF NEVADA
  • First Open Lien Mortgage Recording Date: Dec 17, 2018
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $135,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $104,409
  • Market Land Value: $79,200
  • Market Improvement Value: $25,209

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $58,932
  • Assessed Land Value: $46,932
  • Assessed Improvements Value: $12,000

    Sales

  • Current Sale Contract Date: Sep 28, 2018
  • Current Sale Recording Date: Sep 28, 2018
  • Current Sale Transaction ID: 11511720411
  • Current Sale Price: $133,500
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 4854671
  • Previous Sale Recording Date: Jun 28, 2013
  • Previous Sale Contract Date: Jun 27, 2013
  • Previous Sale Amount: $117,000
  • Previous Sale Document Type: Bargain and Sale Deed

About Downtown Reno



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Frequently Asked Questions

What neighborhood is 458 East 7th Street located in?
The 458 East 7th Street is a multifamily located in the neighborhood of Downtown Reno in Downtown Reno, Reno.
How many listings are currently for sale in 458 East 7th Street?
There is one unit for sale right now.
What is the average sales price for listings in 458 East 7th Street?
The average sales price for units in 458 East 7th Street is $875,000 currently.

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