See Home Value
$1,377,242*
House - Off Market

626 Marsh Ave

Reno, NV 89509
bedrooms
4 Beds
bathrooms
5 Baths
square feet
3754 Sqft
$1,247,000 - $1,523,000
Reference Base Price*
-0.56%
Since Sep 1, 2023
National-US
Primary Model
Sold Sep 01, 2023
$1,300,000
$600,000 by Gateway Mortgage Corporation
Mortgage Due Oct 01, 2053
Sold Oct 01, 2009
$625,000
$425,000 by Peter A Mattes Etal
Mortgage

About This Property

Come and see this beautiful and charming 4 bedroom, 5 bathroom property in the heart of Old Southwest. The home is currently used as a single family residence with an attached guest quarters with a separate entrance. The main part of the home boasts 2 bedrooms, 3 bathrooms (2 in the primary), a kitchen with newer appliances, formal dining room, two fireplaces, and upstairs office/workout space. Downstairs in the finished basement you will find a media room, bedroom, full bathroom, and laundry/storage room.

The manager has listed the unit size as 3754 square feet.
Unit Size
3,754Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$369
Property Type
House
Property Taxes
$2,550
HOA Dues
-
Year Built
1937

Price History

Date / Event Date Event Price
Sep 1, 2023 Sold to James H Bunch, Patricia A D... $1,300,000
Sold to James H Bunch, Patricia A D...
Aug 4, 2023 No longer available -
No longer available
Jul 18, 2023 No longer available -
No longer available
Jul 17, 2023 Listed $1,385,000
Listed
May 7, 2023 Price Decreased $1,385,000
↓ $110K (7.4%)
Price Decreased
Show More

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1942
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Duplex
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 2
  • Basement Type: Finished improved basement
  • Basement Area: 1,440
  • Garage Type: Detached
  • Garage Square Area: 1,140
  • Parking Space Count: 6

    Dimensions

  • Lot Size Square Feet: 7,492
  • Total Building Area: 2,314
  • Gross Building Area: 3,754
  • Building Area: 2,314
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Refrigeration air conditioning
  • Heating: Baseboard
  • Heated Square Feet: 2,314
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: NEWLANDS TERRACE
  • Land Acres: 0.172
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: NEWLANDS TERRACE LT 6 BLK E

Ownership

  • Current Owner : BUNCH JAMES H
  • Current Owner 2: DEBUNCH PATRICIA A
  • Previous Owner : JOHNSON FAMILY TRUST
  • Owner Before Previous Owner: MATTES PETER A
  • Owner Before Previous Owner 2: MATTES CAROL A
  • Ownership Rights Codes: Joint Tenants
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Mar 07, 2024

Neighborhood

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

Zoning

  • Zoning: MF14

Geography

  • Assessors Map Reference: 011-20
  • Parcel: 011-202-04
  • Block: E
  • Lot: 6
  • Municipality: CITY OF RENO
  • Latitude: 39.5187
  • Longitude: -119.821

    Address

  • Full Address: 626 Marsh Ave
  • Address - House Number: 626
  • Address - Street Name: Marsh
  • Address - Suffix Type: Ave
  • State: NV
  • City Name: Reno
  • Carrier Code: C005
  • 4-Digit Zip Code: 1419
  • Zip Code: 89509

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,973
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.0659
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 96
  • Final Value: 1,251,873
  • High Value: 1,334,423
  • Low Value: 1,169,322

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $600,000
  • First Open Lien Mortgage Lender: GATEWAY MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Sep 01, 2023
  • First Open Lien Mortgage Loan Amount: $600,000
  • 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: Oct 01, 2053

    Market Valuation

  • Market Total Value: $259,195
  • Market Land Value: $111,800
  • Market Improvement Value: $147,395

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $130,792
  • Assessed Land Value: $65,625
  • Assessed Improvements Value: $65,167

    Sales

  • Current Sale Contract Date: Aug 15, 2023
  • Current Sale Recording Date: Sep 01, 2023
  • Current Sale Transaction ID: 11912038789
  • Current Sale Price: $1,300,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5404006
  • Previous Sale Recording Date: Oct 01, 2009
  • Previous Sale Contract Date: Sep 30, 2009
  • Previous Sale Amount: $625,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: GATEWAY MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Sep 01, 2023
  • First Mortgage Loan Amount: $600,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: PETER A MATTES ETAL
  • Previous Mortgage Transaction Date: Oct 01, 2009
  • Previous Mortgage Loan Amount: $425,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Seller take-back



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
Stu
-
-
$1,178,000 May 19, 2023
-
$1,249/mo
Multifamily
Stu
-
-
$1,340,000 Mar 28, 2023
-
$2,576/mo

About Newlands Terrace


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Frequently Asked Questions

When was property at 626 Marsh Avenue built and last sold?
The property at 626 Marsh Avenue was built in 1937 and last sold on Aug 15, 2023 for $1,300,000.
How much is this home worth?
The estimated value of the home located at 626 Marsh Avenue is $1,448,328.
What are some comparable homes to 626 Marsh Avenue?
Homes that are comparable to 626 Marsh Avenue include a multifamily property at 449 Marsh Avenue, 114 St Lawrence Avenue, which are both great to check out.

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