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747 Willow Street

747 Willow Street, Reno, NV 89502
Multifamily in Aitken
747 Willow Street in Reno, NV was first built in 1925 and is 99 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 11 are bedrooms. In terms of bathrooms, there are a total of 11 full bathrooms. There are 11 partial bathrooms. 747 Willow Street has 3,822 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,754 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The roof of the home is made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of E. The condition of the building has been evaluated as fair. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with a wall air conditioning unit. As for heating, the home is utilizing floor/wall heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 747 Willow Street sold most recently in Sep 2, 2021 for a total of $1,299,000. If you work out the math, that's approximately a cost of $339.87 per sqft. Before that, the property was also sold for $417,000 in Jun 30, 2014. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,421 in taxes each year. The initial year of tax delinquency occurred in 2022. 747 Willow Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $127,735. If we break it down further, the land itself was valued at $89,250. Improvements to the property, however, were assessed at a total of $38,485. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Stucco Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210329
03/29/2021
Studio
-
-
$1,299,000
bedrooms
Studio
bathrooms
-
$1,299,000
09/14/2021
John Forgie

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 3
  • Bedroom Count: 11
  • Bathroom Count: 11
  • Full Bathrooms: 11
  • Partial Bathrooms: 11
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Fair
  • Building Quality: E
  • Construction Type: Wood
  • Building Style: Multifamily
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 2
  • Business/Commerical Units Count: 9
  • Basement Type: Unfinished basement
  • Basement Area: 198
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,754
  • Total Building Area: 3,822
  • Gross Building Area: 4,020
  • Building Area: 3,822
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Wall air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 3,822
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SHAFF`S
  • Land Acres: 0.178
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: SHAFFS LOT 4 BLOCK 10

Ownership

  • Current Owner : LOUIE WAI C
  • Current Owner 2: WAI C LOUIE SEPARATE PROPERTY
  • Previous Owner : FORGIE JOHN MICHAEL
  • Previous Owner 2: FORGIE STEFANIE JANE
  • Owner Before Previous Owner: GIBBONS HEYMAN REBA
  • Owner Before Previous Owner 2: HEYMAN PETER
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: MU

Geography

  • Assessors Map Reference: 012-14
  • Parcel: 012-141-17
  • Block: 10
  • Lot: 4
  • Meridian: SEC 12 TWN 19N RNG 19E
  • Municipality: CITY OF RENO
  • Latitude: 39.525
  • Longitude: -119.802

    Address

  • Full Address: 747 Willow St
  • Address - House Number: 747
  • Address - Street Name: Willow
  • Address - Suffix Type: St
  • State: NV
  • City Name: Reno
  • Carrier Code: C003
  • 4-Digit Zip Code: 1327
  • Zip Code: 89502

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,421
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.2968
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 40
  • Final Value: 629,528
  • High Value: 816,398
  • Low Value: 442,657

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $909,300
  • First Open Lien Mortgage Lender: UNITED FCU
  • First Open Lien Mortgage Recording Date: Sep 14, 2021
  • First Open Lien Mortgage Loan Amount: $909,300
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $240,114
  • Market Land Value: $161,600
  • Market Improvement Value: $78,514

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $127,735
  • Assessed Land Value: $89,250
  • Assessed Improvements Value: $38,485

    Sales

  • Current Sale Contract Date: Sep 02, 2021
  • Current Sale Recording Date: Sep 14, 2021
  • Current Sale Transaction ID: 11860668534
  • Current Sale Price: $1,299,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5226211
  • Previous Sale Recording Date: Jul 02, 2014
  • Previous Sale Contract Date: Jun 30, 2014
  • Previous Sale Amount: $417,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED FCU
  • First Mortgage Transaction Date: Sep 14, 2021
  • First Mortgage Loan Amount: $909,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Washoe Regional Center



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Nearby Rentals

Unit for rent at

$1,550 /mo

  • 1 Bed
  • 1 Bath
  • 1,500 ft²
Listing by Michele McQuivey
Unit for rent at

$1,395 /mo

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

$1,500 /mo

  • Studio
  • 1 Bath
  • 550 ft²
Listing by Sandy Morris
Unit for rent at

$1,350 /mo

  • 2 Beds
  • 1 Bath
  • 710 ft²
Listing by Light and Bright remodeled Two Bedroom
Unit for rent at

$1,350 /mo

  • 1 Bed
  • 1 Bath
  • 522 ft²
Listing by Manager
Unit for rent at

$1,375 /mo

  • 1 Bed
  • 1 Bath
  • 576 ft²
Listing by Manager
Unit for rent at

$1,425 /mo

  • 1 Bed
  • 1 Bath
  • 650 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 747 Willow Street located in?
The 747 Willow Street is a multifamily located in the neighborhood of Aitken in Washoe Regional Center, Reno.
What is the average sales price for listings in 747 Willow Street?
The average sales price for units in 747 Willow Street is $1,299,000 currently.

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