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623 West 2nd Street

623 West 2nd Street, Reno, NV 89503
Property in Downtown Reno
Sold Mar 29, 2002
$250,000
$200,000 by Harrigan Irrevocable Education
Mortgage
Sold Mar 31, 2000
$200,000
$100,000 by The Pwr Trust
Mortgage
623 West 2nd Street 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 1939 and is 85 years old. The home has a total of 9 bedrooms. Residents will have access to 6 full bathrooms. There are 6 partial bathrooms in the home. The building has a total of 3 stories. In addition, 623 West 2nd Street has 4,971 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 4,487 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily 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. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 651 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as good. 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 masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of E by the local assessor. The roof of the building is made of asphalt and ply sheets in a built-up roof style. The exterior walls of the building are made of concrete block. In terms of heating, it is utilizing a hot water 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 Mar 28, 2002 for $250,000. That's $50.29 per sqft. Prior to that sales transaction, the property was also sold in Mar 29, 2000 for $200,000. 623 West 2nd Street was last assessed in 2024. The total value of the property was assessed at $114,032. Specifically, the land the property is located on was valued at $65,333. While improvements on the property were assessed at a total of $48,699. 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 $2,576. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1939
  • Building Count: 1
  • Bedroom Count: 9
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 19
  • Building Condition: Good
  • Building Quality: E
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Concrete block
  • Roof Cover Type: Built-up
  • Floor Count: 3
  • Living Units: 6
  • Business/Commerical Units Count: 6
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 651
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,487
  • Total Building Area: 4,971
  • Gross Building Area: 4,971
  • Building Area: 4,971
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 4,971
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: POWNINGS ADDITION
  • Land Acres: 0.103
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: POWNINGS ADD FRAC LOT 5 & 6 BLK E

Ownership

  • Current Owner : MEAD PATRICK
  • Current Owner 2: MEAD KATHIE
  • Previous Owner : LATIPAC LLC
  • Owner Before Previous Owner: ERNST WILLIAN R
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 000103

Zoning

  • Zoning: MD-NWQ

Geography

  • Assessors Map Reference: 011-01
  • Parcel: 011-017-04
  • Block: E
  • Lot: 5,6
  • Meridian: SEC 11 TWN 19N RNG 19E
  • Municipality: CITY OF RENO - RENO REDEVELOPM
  • Latitude: 39.5255
  • Longitude: -119.822

    Address

  • Full Address: 623 W 2nd St
  • Address - House Number: 623
  • Street Direction: W
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: NV
  • City Name: Reno
  • Carrier Code: C011
  • 4-Digit Zip Code: 5338
  • Zip Code: 89503

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,576
  • Tax Rate Code Area: 1001

    Appraisal Valuation

  • Standard Deviation: 0.2968
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 40
  • Final Value: 587,661
  • High Value: 762,104
  • Low Value: 413,217

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: HARRIGAN IRREVOCABLE EDUCATION
  • First Open Lien Mortgage Recording Date: Mar 29, 2002
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $217,343
  • Market Land Value: $117,500
  • Market Improvement Value: $99,843

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $114,032
  • Assessed Land Value: $65,333
  • Assessed Improvements Value: $48,699

    Sales

  • Current Sale Contract Date: Mar 28, 2002
  • Current Sale Recording Date: Mar 29, 2002
  • Current Sale Transaction ID: 1127878766
  • Current Sale Price: $250,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2670349
  • Previous Sale Recording Date: Mar 31, 2000
  • Previous Sale Contract Date: Mar 29, 2000
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HARRIGAN IRREVOCABLE EDUCATION
  • First Mortgage Transaction Date: Mar 29, 2002
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: THE PWR TRUST
  • Previous Mortgage Transaction Date: Mar 31, 2000
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Seller take-back

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Frequently Asked Questions

What neighborhood is 623 West 2nd Street located in?
The 623 West 2nd Street is a located in the neighborhood of Downtown Reno in Downtown Reno, Reno.
What is the average sales price for listings in 623 West 2nd Street?
The average sales price for units in 623 West 2nd Street is $0 currently.

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