See Home Value
$910,838*
House - Off Market

945 Walker Ave

Reno, NV 89509
bedrooms
2 Beds
bathrooms
1 Bath
square feet
929 Sqft
$675,000 - $823,000
Reference Base Price*
21.61%
Since May 1, 2021
National-US
Primary Model
Sold Apr 15, 2021
$649,000
$519,200 by Inspire Home Loans Inc
Mortgage Due May 01, 2051
Sold Jul 05, 2019
$550,000

About This Property

Welcome to one of the most unique parcels in the historic section of the Newlands Manor in the Old Southwest.   This one parcel is a two-home property.  The front cottage house is one home and the back house a separate, legal property.  The back was gutted of 60 years of "must go materials" and is now ready for whatever you want;  a rental, an office, even an expansion to the main house.  With a quick finish this property would easily rent for $1500+ as the current market reflects.  Listing Agent: Patricia A Johnson Email Address: [email protected] Broker: RE/MAX Professionals-Sparks It is rare to find a 2-house property and even more, one that meets the City of Reno requirement for legal rental. The main cottage is quiet, solid and oozes the Den of Zen.  With unique cut-away arches, stucco & plaster you'll be reminded of yesteryear when quality building was the art of the day.  Wooden shutters allow for morning light or quiet comfort as you enjoy friends for dinner or chilling by the fire.  With a gas log lighter a fire is ready in 5 minutes!  A 5-burner gas range, fridge and stainless steel interior dishwasher were installed in fall of 2017.  The main house has a completely finished basement with storage, nooks, washer & dryer, shower & sink and plenty of room for an extra bedroom, gym or whatever you like.  The water heater was replaced in 2016 and a new heavy duty sump pump installed late 2019.  The very large backyard was configured for the local gardening and food movement and includes a small flock of hens for fresh eggs.  The Hoop House allows for year round gardening.  At one time the property was registered as a small micro farm.  You can easily create a secondary income stream yourself or by co-opting with a grower.  A unique gem offering 2 or 3 add'l income streams if desired.  Best seen in person.

The manager has listed the unit size as 929 square feet.
Unit Size
929Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$806
Property Type
House
Property Taxes
$1,162
HOA Dues
-
Year Built
1940

Price History

Date / Event Date Event Price
Apr 16, 2021 No longer available -
No longer available
Apr 15, 2021 Relisted $649,000
Relisted
Apr 15, 2021 Sold to John Richard Bolen, Maureen... $649,000
Sold to John Richard Bolen, Maureen...
Apr 11, 2021 No longer available -
No longer available
Jan 10, 2021 Listed $749,000
Listed

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Masonry
  • Building Style: Duplex
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 2
  • Basement Type: Finished improved basement
  • Basement Area: 639
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,881
  • Total Building Area: 1,968
  • Gross Building Area: 1,968
  • Building Area: 1,569
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Wall air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 1,569
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: NEWLANDS MANOR
  • Land Acres: 0.135
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: NEWLANDS MANOR LOT 9 BLOCK 11

Ownership

  • Current Owner : BOLEN MAUREEN KERRY
  • Current Owner 2: BOLEN JOHN RICHARD
  • Previous Owner : SAULS ELIZABETH A
  • Owner Before Previous Owner: SAULS ELIZABETH A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: SF8

Geography

  • Assessors Map Reference: 011-30
  • Parcel: 011-302-06
  • Block: 11
  • Lot: 9
  • Meridian: SEC 14 TWN 19N RNG 19E
  • Municipality: CITY OF RENO
  • Latitude: 39.5142
  • Longitude: -119.821

    Address

  • Full Address: 945 Walker Ave
  • Address - House Number: 945
  • Address - Street Name: Walker
  • Address - Suffix Type: Ave
  • State: NV
  • City Name: Reno
  • Carrier Code: C075
  • 4-Digit Zip Code: 1927
  • Zip Code: 89509

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,440
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.1771
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 77
  • Final Value: 719,623
  • High Value: 847,086
  • Low Value: 592,161

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $519,200
  • First Open Lien Mortgage Lender: INSPIRE HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Apr 15, 2021
  • First Open Lien Mortgage Loan Amount: $519,200
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $165,856
  • Market Land Value: $111,800
  • Market Improvement Value: $54,056

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $91,388
  • Assessed Land Value: $65,625
  • Assessed Improvements Value: $25,763

    Sales

  • Current Sale Contract Date: Apr 12, 2021
  • Current Sale Recording Date: Apr 15, 2021
  • Current Sale Transaction ID: 11832636770
  • Current Sale Price: $649,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5166767
  • Previous Sale Recording Date: Jul 05, 2019
  • Previous Sale Contract Date: Jul 03, 2019
  • Previous Sale Amount: $550,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: INSPIRE HOME LOANS INC
  • First Mortgage Transaction Date: Apr 15, 2021
  • First Mortgage Loan Amount: $519,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Newlands Manor


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Frequently Asked Questions

When was property at 945 Walker Avenue built and last sold?
The property at 945 Walker Avenue was built in 1940 and last sold on Apr 12, 2021 for $649,000.
How much is this home worth?
The estimated value of the home located at 945 Walker Avenue is $748,410.
What are some comparable homes to 945 Walker Avenue?
There are currently no comparable homes to 945 Walker Avenue.

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