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530 California Avenue

530 California Avenue, Reno, NV 89509
Commercial in Marker
530 California Avenue in Reno, NV was first built in 1925 and is 99 years old. Although, the building on the property was most recently renovated and altered in 1944. This has been categorized as a office property type. For those interested in architecture, the building on the property was built in a unknown style. It is a single story home. 530 California Avenue has 2,407 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,000 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as fair. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing electric heaters and being fueled with electricity. The property was last sold in May 21, 2019 for $495,000. That's $205.65 per sqft. 530 California Avenue was last assessed in 2024. The total value of the property was assessed at $105,165. Specifically, the land the property is located on was valued at $60,025. While improvements on the property were assessed at a total of $45,140. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,185. The initial tax year of delinquency was in 2023. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

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
20181023
10/23/2018
Studio
-
-
$575,000
bedrooms
Studio
bathrooms
-
$495,000 -13.91%
05/24/2019
-
Charles Christian

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1944
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Fair
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Unknown
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 1
  • Business/Commerical Units Count: 1
  • Basement Type: Unfinished basement
  • Basement Area: 980
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Total Building Area: 2,407
  • Gross Building Area: 3,387
  • Building Area: 3,387
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Electric
  • Heated Square Feet: 2,407
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Office
  • Subdivision: MARKER TRACT
  • Land Acres: 0.161
  • Standard Land Use Code: Commercial office (general)
  • Legal Description 1: MARKER TRACT LT 5 BLK 1

Ownership

  • Current Owner : LPSE PROPERTIES LLC
  • Previous Owner : GLADDING EDWARD A
  • Previous Owner 2: MICHEL JOEL P
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 000402

Zoning

  • Zoning: PO

Geography

  • Assessors Map Reference: 011-21
  • Parcel: 011-211-17
  • Block: 1
  • Lot: 5
  • Municipality: CITY OF RENO
  • Latitude: 39.5198
  • Longitude: -119.818

    Address

  • Full Address: 530 California Ave
  • Address - House Number: 530
  • Address - Street Name: California
  • Address - Suffix Type: Ave
  • State: NV
  • City Name: Reno
  • Carrier Code: C005
  • 4-Digit Zip Code: 1448
  • Zip Code: 89509

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,185
  • Intital Tax Deliquent Year: 2023
  • Tax Rate Code Area: 1000

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $371,250
  • First Open Lien Mortgage Lender: BANK OF THE WEST
  • First Open Lien Mortgage Recording Date: May 24, 2019
  • First Open Lien Mortgage Loan Amount: $371,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $213,687
  • Market Land Value: $119,000
  • Market Improvement Value: $94,687

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $105,165
  • Assessed Land Value: $60,025
  • Assessed Improvements Value: $45,140

    Sales

  • Current Sale Contract Date: May 21, 2019
  • Current Sale Recording Date: May 24, 2019
  • Current Sale Transaction ID: 11608808404
  • Current Sale Price: $495,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 4913730

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF THE WEST
  • First Mortgage Transaction Date: May 24, 2019
  • First Mortgage Loan Amount: $371,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Marker



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 530 California Avenue located in?
The 530 California Avenue is a commercial located in the neighborhood of Marker in Marker, Reno.
What is the average sales price for listings in 530 California Avenue?
The average sales price for units in 530 California Avenue is $539,000 currently.

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