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Reno 89502 Wells Avenue Neighborhood

550 South Wells Avenue

550 South Wells Avenue, Reno, NV 89502
Condo in Southern
550 South Wells Avenue is a condo located in Southern, Reno. The building was first built in 1940 and is 84 years old. In total, 550 South Wells Avenue has a total floor area of 8,178 square feet. 550 South Wells Avenue has a total of 1 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. See the full transaction history for 550 South Wells Avenue below.



Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20180904 Unit 12
09/04/2018
12
Studio
-
-
-
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Bedroom Count: 12
  • Bathroom Count: 12
  • Full Bathrooms: 12
  • Partial Bathrooms: 12
  • Bathroom Plumbing Fixtures: 50
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Multifamily
  • Exterior Walls Type: Brick veneer
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 12
  • Business/Commerical Units Count: 12
  • Basement Type: Finished improved basement
  • Basement Area: 2,407
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,845
  • Total Building Area: 5,771
  • Gross Building Area: 8,178
  • Building Area: 5,771
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 5,771
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SOUTHERN ADDITION
  • Land Acres: 0.226
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: SOUTHERN ADD FRAC LOT 1 & 2 BLOCK 5

Ownership

  • Current Owner : KIDD JAMES A
  • Current Owner 2: THE JAMES A KIDD REVOCABLE TRUST
  • Previous Owner : EHRENFELD LESLEY
  • Previous Owner 2: CHAPMAN LESLEY
  • Owner Before Previous Owner: WHAN MICHAEL JOSEPH
  • Owner Before Previous Owner 2: WHAN DENISE SUZANNE
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 000702

Zoning

  • Zoning: GC

Geography

  • Assessors Map Reference: 013-09
  • Parcel: 013-095-11
  • Block: 5
  • Lot: 1,2
  • Meridian: SEC 12 TWN 19N RNG 19E
  • Municipality: CITY OF RENO
  • Latitude: 39.521
  • Longitude: -119.803

    Address

  • Full Address: 550 S Wells Ave
  • Address - House Number: 550
  • Street Direction: S
  • Address - Street Name: Wells
  • Address - Suffix Type: Ave
  • State: NV
  • City Name: Reno
  • Carrier Code: C018
  • 4-Digit Zip Code: 2061
  • Zip Code: 89502

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,589
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.2968
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 40
  • Final Value: 768,549
  • High Value: 996,687
  • Low Value: 540,410

    Market Valuation

  • Market Total Value: $333,557
  • Market Land Value: $167,700
  • Market Improvement Value: $165,857

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $173,236
  • Assessed Land Value: $92,750
  • Assessed Improvements Value: $80,486

    Sales

  • Current Sale Contract Date: Sep 28, 2018
  • Current Sale Recording Date: Oct 08, 2018
  • Current Sale Transaction ID: 11520419400
  • Current Sale Price: $1,225,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 4856772
  • Previous Sale Recording Date: May 29, 2013
  • Previous Sale Contract Date: May 29, 2013
  • Previous Sale Amount: $699,000
  • Previous Sale Document Type: Bargain and Sale Deed
Redact Ownership Info

About Wells Avenue Neighborhood

Stats & Trends

Median Asking:

$480,000

Sale Price/ft²

$379

Below Asking

0.01%

Average Days on Market

15

Average Home Size

1362 ft²

Average Home Age

70.7 years

Currently For Sale

3 Listings

Interested in buying or selling?
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Nearby Rentals

Unit for rent at

$1,575 /mo

  • 1 Bed
  • 1 Bath
  • 618 ft²
Listing by David Martin
Unit for rent at

$1,600 /mo

  • 2 Beds
  • 2 Baths
  • 1,037 ft²
Listing by Jan Mackenzie
Unit for rent at

$1,595 /mo

  • 2 Beds
  • 1 Bath
  • 806 ft²
Listing by Jan Mackenzie
Unit for rent at

$1,500 /mo

  • 1 Bed
  • 1 Bath
  • 650 ft²
Listing by Amelia Brush
Unit for rent at

$1,600 /mo

  • 2 Beds
  • 2 Baths
  • 1,432 ft²
Listing by Jan Mackenzie
Unit for rent at

$1,595 /mo

  • 2 Beds
  • 1 Bath
  • 961 ft²
Listing by Manager
Unit for rent at

$1,425 /mo

  • 1 Bed
  • 1 Bath
Listing by Manager

Frequently Asked Questions

What neighborhood is 550 South Wells Avenue located in?
The 550 South Wells Avenue is a condo located in the neighborhood of Southern in Wells Avenue Neighborhood, Reno.
What is the average sales price for listings in 550 South Wells Avenue?
The average sales price for units in 550 South Wells Avenue is $0 currently.
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