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925 West 1st Street

925 West 1st Street, Reno, NV 89503
Multifamily in Downtown Reno
Sold Aug 22, 2022
$570,000
$559,675 by Loandepotcom Llc
Mortgage Due Sep 01, 2052
Sold Dec 04, 2012
$186,000
$139,500 by Primelending
Mortgage Due Dec 01, 2042
925 West 1st Street in Reno, NV was first built in 1997 and is 27 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 duplex style. It is a single story home. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 925 West 1st Street has 1,916 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 6,979 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 frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The exterior walls of the home are made of a combination of material. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 925 West 1st Street was last sold in Aug 15, 2022 for $570,000. According to our calculations, that's $297.49 per sqft. Prior to that sales transaction, the property was sold for $186,000 in Nov 29, 2012. Current property owners are expected to pay $2,416 in taxes per year. The property on 925 West 1st Street was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $95,693. To break that down further, the land itself was valued at $42,840. While improvements to the property were assessed at a total of $52,853. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 4
  • 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: 6,979
  • Total Building Area: 1,916
  • Gross Building Area: 1,916
  • Building Area: 1,916
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,916
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: POWNINGS ADDITION
  • Land Acres: 0.16
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: POWNINGS ADD FR LT 9 BLK O

Ownership

  • Current Owner : VIRGO MARILYN CLAIRE
  • Current Owner 2: VIRGO DARIEN GARNET
  • Previous Owner : HUNDAL NEVADA PROPERTIES LLC
  • Owner Before Previous Owner: SINGH MER
  • Owner Before Previous Owner 2: SINGH KAMAL J K
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 000104

Zoning

  • Zoning: MD-PD

Geography

  • Assessors Map Reference: 011-01
  • Parcel: 011-012-18
  • Block: O
  • Lot: 9
  • Municipality: CITY OF RENO
  • Latitude: 39.5235
  • Longitude: -119.825

    Address

  • Full Address: 925 W 1st St
  • Address - House Number: 925
  • Street Direction: W
  • Address - Street Name: 1st
  • Address - Suffix Type: St
  • State: NV
  • City Name: Reno
  • Carrier Code: C009
  • 4-Digit Zip Code: 5676
  • Zip Code: 89503

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,416
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.1766
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 77
  • Final Value: 567,547
  • High Value: 667,811
  • Low Value: 467,283

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $559,675
  • First Open Lien Mortgage Lender: LOANDEPOTCOM LLC
  • First Open Lien Mortgage Recording Date: Aug 22, 2022
  • First Open Lien Mortgage Loan Amount: $559,675
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2052

    Market Valuation

  • Market Total Value: $196,029
  • Market Land Value: $80,000
  • Market Improvement Value: $116,029

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $95,693
  • Assessed Land Value: $42,840
  • Assessed Improvements Value: $52,853

    Sales

  • Current Sale Contract Date: Aug 15, 2022
  • Current Sale Recording Date: Aug 22, 2022
  • Current Sale Transaction ID: 11895471174
  • Current Sale Price: $570,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5327184
  • Previous Sale Recording Date: Dec 04, 2012
  • Previous Sale Contract Date: Nov 29, 2012
  • Previous Sale Amount: $186,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOTCOM LLC
  • First Mortgage Transaction Date: Aug 22, 2022
  • First Mortgage Loan Amount: $559,675
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: PRIMELENDING
  • Previous Mortgage Transaction Date: Dec 04, 2012
  • Previous Mortgage Loan Amount: $139,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2042

About Downtown Reno



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Nearby Rentals

Unit for rent at

$2,500 /mo

  • Studio
Listing by Lex Tarumianz
Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath

Frequently Asked Questions

What neighborhood is 925 West 1st Street located in?
The 925 West 1st Street is a multifamily located in the neighborhood of Downtown Reno in Downtown Reno, Reno.
What is the average sales price for listings in 925 West 1st Street?
The average sales price for units in 925 West 1st Street is $0 currently.

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