See Home Value
$703,408*
House - Off Market

551 California Ave.

Reno, NV 89509
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1454 Sqft
$563,000 - $687,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold Dec 03, 2021
$587,000
$440,250 by Infinity Equity Group Llc
Mortgage Due Jan 01, 2052
Sold Jun 19, 1995
$130,000
$105,000 by Robert J Fry
Mortgage

About This Property

The thoughtfully landscaped yard presents a lovely place to relax or garden. Parking is made easy with alley-way access, a long driveway and single-car garage. Right on Cal Avenue in the heart of Reno, you'll find museums, coffee shops and restaurants just steps away.

The manager has listed the unit size as 1454 square feet.
Unit Size
1,454Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$430
Property Type
House
Property Taxes
$190
HOA Dues
-
Year Built
1930

Price History

Date / Event Date Event Price
Dec 3, 2021 Sold to Jacob D Ramatici $587,000
Sold to Jacob D Ramatici
Oct 23, 2021 No longer available -
No longer available
Oct 8, 2021 Price Decreased $625,000
↓ $25K (3.9%)
Price Decreased
Sep 9, 2021 Listed $650,000
Listed

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1951
  • Building Count: 1
  • 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: 420
  • Garage Type: Detached
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,202
  • Total Building Area: 1,874
  • Gross Building Area: 1,909
  • Building Area: 1,909
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,454
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Subdivision: RIO VISTA HEIGHTS
  • Land Acres: 0.165
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: RIO VISTA HEIGHTS LOT 31 BLK 5

Ownership

  • Current Owner : RAMATICI JACOB D
  • Previous Owner : LISENBY RANDY GENE
  • Previous Owner 2: ARMSTRONG SUSAN A
  • Owner Before Previous Owner: MOSS SUSAN
  • Ownership Rights Codes: Trustee/Conservator
  • 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: 011-15
  • Parcel: 011-152-35
  • Block: 5
  • Lot: 31
  • Municipality: CITY OF RENO
  • Latitude: 39.5203
  • Longitude: -119.819

    Address

  • Full Address: 551 California Ave
  • Address - House Number: 551
  • Address - Street Name: California
  • Address - Suffix Type: Ave
  • State: NV
  • City Name: Reno
  • Carrier Code: C005
  • 4-Digit Zip Code: 1449
  • Zip Code: 89509

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,642
  • Tax Rate Code Area: 1000

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $440,250
  • First Open Lien Mortgage Lender: INFINITY EQUITY GROUP LLC
  • First Open Lien Mortgage Recording Date: Dec 03, 2021
  • First Open Lien Mortgage Loan Amount: $440,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $179,756
  • Market Land Value: $122,434
  • Market Improvement Value: $57,322

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $89,407
  • Assessed Land Value: $61,757
  • Assessed Improvements Value: $27,650

    Sales

  • Current Sale Contract Date: Nov 29, 2021
  • Current Sale Recording Date: Dec 03, 2021
  • Current Sale Transaction ID: 11875885106
  • Current Sale Price: $587,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5254662
  • Previous Sale Recording Date: Jun 19, 1995
  • Previous Sale Contract Date: Jun 19, 1995
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: INFINITY EQUITY GROUP LLC
  • First Mortgage Transaction Date: Dec 03, 2021
  • First Mortgage Loan Amount: $440,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: ROBERT J FRY
  • Previous Mortgage Transaction Date: Jun 19, 1995
  • Previous Mortgage Loan Amount: $105,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
2 Baths
1,428 ft²
$504/ft²
$720,000 Jun 1, 2023
-
$1,140/mo
Condo
2 Beds
2 Baths
1,523 ft²
$420/ft²
$640,000 Jan 18, 2023
-
$1,697/mo
Condo
2 Beds
2 Baths
1,273 ft²
$416/ft²
$529,900 May 31, 2023
-
$1,132/mo
House
2 Beds
1 Bath
1,045 ft²
$584/ft²
$610,000 Jun 6, 2023
-
$1,279/mo
Condo
1 Bed
1 Bath
1,000 ft²
$549/ft²
$549,000 May 22, 2023
-
$1,041/mo
Condo
1 Bed
1 Bath
826 ft²
$666/ft²
$550,000 Oct 30, 2022
-
$819/mo

About Rio Vista Heights


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Frequently Asked Questions

When was property at 551 California Avenue built and last sold?
The property at 551 California Avenue was built in 1930 and last sold on Nov 29, 2021 for $587,000.
How much is this home worth?
The estimated value of the home located at 551 California Avenue is $628,656.
What are some comparable homes to 551 California Avenue?
There are currently no comparable homes to 551 California Avenue.

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