See Home Value
$297,000 - $363,000
House - Off Market

490 Colorado River

Reno, NV 89502
bedrooms
2 Beds
bathrooms
1 Bath
square feet
865 Sqft
Sold Mar 30, 2011
$56,000
Sold Feb 01, 2011
$46,400

About This Property

Investment Opportunity in Reno - Bring Your Vision! Here's a great investment opportunity that's in need of some tender loving care.  It comes with a delightful surprise of original hardwood floors gracing most of the home. A roof less than a decade old, this property holds tremendous potential. It's conveniently located within walking distance of Reno Public Market, the RED District, and Midtown,  and 5 min drive to the airport making it an ideal find for savvy investors.

The manager has listed the unit size as 865 square feet.
Unit Size
865Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$382
Property Type
House
Property Taxes
$588
HOA Dues
-
Year Built
1952

Price History

Date / Event Date Event Price
Feb 3, 2024 No longer available -
No longer available
Oct 16, 2023 Listed $330,000
Listed

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 6
  • Building Quality: D
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,672
  • Total Building Area: 1,345
  • Gross Building Area: 1,345
  • Building Area: 865
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 865
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SOUTHSIDE
  • Land Acres: 0.107
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SOUTHSIDE FRAC LOT 1 & 2 BLK I

Ownership

  • Current Owner : WARRICK GARY
  • Previous Owner : FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Owner Before Previous Owner: BEAUPRE HARRY R
  • Ownership Rights Codes: unknown
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Mar 07, 2024

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 000201

Zoning

  • Zoning: MF30

Geography

  • Assessors Map Reference: 013-45
  • Parcel: 013-451-08
  • Block: I
  • Lot: 1
  • Municipality: CITY OF RENO
  • Latitude: 39.5081
  • Longitude: -119.801

    Address

  • Full Address: 490 Colorado River Blvd
  • Address - House Number: 490
  • Address - Street Name: Colorado River
  • Address - Suffix Type: Blvd
  • State: NV
  • City Name: Reno
  • Carrier Code: C029
  • 4-Digit Zip Code: 3396
  • Zip Code: 89502

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $582
  • Intital Tax Deliquent Year: 2023
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.0659
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 96
  • Final Value: 327,703
  • High Value: 349,312
  • Low Value: 306,094

    Market Valuation

  • Market Total Value: $78,713
  • Market Land Value: $49,590
  • Market Improvement Value: $29,123

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $45,379
  • Assessed Land Value: $31,388
  • Assessed Improvements Value: $13,991

    Sales

  • Current Sale Contract Date: Mar 29, 2011
  • Current Sale Recording Date: Mar 30, 2011
  • Current Sale Transaction ID: 1190902906
  • Current Sale Price: $56,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 3988075
  • Previous Sale Recording Date: Feb 01, 2011
  • Previous Sale Contract Date: Jan 26, 2011
  • Previous Sale Amount: $46,400
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
2 Beds
2 Baths
1,084 ft²
$318/ft²
$345,000 Oct 31, 2023
-
$1,299/mo
Other
Loft
2 Baths
962 ft²
$348/ft²
$335,000 Aug 17, 2023
-
$1,032/mo
Land
Loft
-
-
$385,000 Oct 17, 2023
-
$740/mo

About Wells Avenue Neighborhood


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Frequently Asked Questions

When was property at 490 Colorado River Boulevard built and last sold?
The property at 490 Colorado River Boulevard was built in 1952 and last sold on Mar 29, 2011 for $56,000.
How much is this home worth?
The estimated value of the home located at 490 Colorado River Boulevard is $333,300.
What are some comparable homes to 490 Colorado River Boulevard?
Homes that are comparable to 490 Colorado River Boulevard include a condo property at 2750 Plumas Street, a other property at 2700 Plumas Street, a land property at 537 Colorado River Boulevard.

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