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565 Colorado River Boulevard

565 Colorado River Boulevard, Reno, NV 89502
Property in Southside
1 Units For Sale
Unit for sale at 565 Colorado River Blvd, Reno, NV 89502

$579,900

  • Studio
565 Colorado River Blvd, Reno, NV 89502 Listing by Bailey Feemster

565 Colorado River Boulevard 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 1960 and is 64 years old. The home has a total of 3 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, 565 Colorado River Boulevard has 1,166 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 8,886 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. 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 D 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. The inside of the home is being cooled with a wall air conditioning unit at the moment. In terms of heating, it is utilizing floor/wall heating system. 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. The property was last sold in Sep 19, 2023 for $315,000. That's $270.15 per sqft. Prior to that sales transaction, the property was also sold in Jan 11, 1999 for $105,000. 565 Colorado River Boulevard was last assessed in 2024. The total value of the property was assessed at $69,972. Specifically, the land the property is located on was valued at $55,195. While improvements on the property were assessed at a total of $14,777. 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 $744. The initial tax year of delinquency was in 2021. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!

Building Features

Exterior

Asbestos Siding
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
20231215
12/15/2023
Studio
-
-
$579,900
bedrooms
Studio
bathrooms
-
-
-
-
Ryan Borden
Realty One Group Eminence

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Duplex
  • Exterior Walls Type: Combination
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,886
  • Total Building Area: 1,166
  • Gross Building Area: 1,203
  • Building Area: 1,166
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Wall air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 1,166
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SOUTHSIDE
  • Land Acres: 0.204
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: SOUTHSIDE FR LT 6 BLK H

Ownership

  • Current Owner : HASSAN PHILIP
  • Current Owner 2: WALLACE DANIELLE
  • Previous Owner : UNKNOWN
  • Owner Before Previous Owner: MURRY JASON A
  • Owner Before Previous Owner 2: WRIGHT JULIANN

Neighborhood

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

Zoning

  • Zoning: MF14

Geography

  • Assessors Map Reference: 013-41
  • Parcel: 013-414-15
  • Block: H
  • Lot: 6
  • Municipality: CITY OF RENO
  • Latitude: 39.5085
  • Longitude: -119.799

    Address

  • Full Address: 565 Colorado River Blvd
  • Address - House Number: 565
  • Address - Street Name: Colorado River
  • Address - Suffix Type: Blvd
  • State: NV
  • City Name: Reno
  • Carrier Code: C029
  • 4-Digit Zip Code: 3327
  • Zip Code: 89502

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $744
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.1738
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 77
  • Final Value: 474,238
  • High Value: 556,682
  • Low Value: 391,793

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $41,000
  • First Open Lien Mortgage Lender: VOLCHOK JAPA
  • First Open Lien Mortgage Recording Date: Sep 27, 2023
  • First Open Lien Mortgage Loan Amount: $41,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $121,044
  • Market Land Value: $89,900
  • Market Improvement Value: $31,144

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $69,972
  • Assessed Land Value: $55,195
  • Assessed Improvements Value: $14,777

    Sales

  • Current Sale Contract Date: Sep 19, 2023
  • Current Sale Recording Date: Sep 27, 2023
  • Current Sale Transaction ID: 11913851454
  • Current Sale Price: $315,000
  • Current Sale Document Type: Administrator's Deed
  • Current Sale Input Document Number: 5408701
  • Previous Sale Recording Date: Jan 13, 1999
  • Previous Sale Contract Date: Jan 11, 1999
  • Previous Sale Amount: $105,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: VOLCHOK JAPA
  • First Mortgage Transaction Date: Sep 27, 2023
  • First Mortgage Loan Amount: $41,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA
  • Previous Mortgage Transaction Date: Jan 13, 1999
  • Previous Mortgage Loan Amount: $94,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Feb 01, 2029

About Wells Avenue Neighborhood



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Frequently Asked Questions

What neighborhood is 565 Colorado River Boulevard located in?
The 565 Colorado River Boulevard is a located in the neighborhood of Southside in Wells Avenue Neighborhood, Reno.
How many listings are currently for sale in 565 Colorado River Boulevard?
There is one unit for sale right now.
What is the average sales price for listings in 565 Colorado River Boulevard?
The average sales price for units in 565 Colorado River Boulevard is $579,900 currently.

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