1001 North Sierra Street

Sold 5/4/16
Sold 5/4/16
Gallery Image 1
Sold
Last Sold Price
$575,000
8 beds4,421 sqft

1001 N Sierra St, Reno, NV 89503

Multi FamilyProperty Type
0.16 acresLot Size
1938Year Built
$130/sq ftPrice per sq ft
6 carsParking Spaces

Description

Unr campus gem! 2 charming buildings at the corner of 10th and N. Sierra. Excellent student housing with very little vacancy. Designated parking. Each unit has it's own HVAC (basement unit does not have a/c) installed 2009. 50 year roof installed 2013. All electrical updated. Basement has common w/d for all tenants. NON SMOKING and NO PETS. Please do not disturb tenants. No sign or lock boxes on property.Unr campus gem! 2 charming buildings at the corner of 10th and N. Sierra. Excellent student housing with very little vacancy. Designated parking. Each unit has it's own HVAC (basement unit does not have a/c) installed 2009. 50 year roof installed 2013. All electrical updated. Basement has common w/d for all tenants. NON SMOKING and NO PETS. Please do not disturb tenants. No sign or lock boxes on property.
  • Listed by: Janice Mackenzie • Nevada Home Connections
Listing closed: 05/03/2016 05:00 PM • Source: NNRMLS, MLS#: 160003535
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Location

Listing Courtesy of Nevada Home Connections, Janice Mackenzie, License #5096

Sold By Gorelick Real Estate Advisors, Allison Gorelick, License #8336

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$3,225 per month

30 year fixed, 7.03% Interest

Principal and Interest

$3,070

Property Taxes

$155

HOA Dues

$0

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Property Information for 1001 North Sierra Street

Property Details

  • Taxes: $1,862 / year
  • MLS Type: Multi-Family / Apartment Building (up to 8 Units)
  • County: Washoe County
  • Zoning Actual: MF30
  • Total Parking Capacity: 6

Building Information

  • Stories: 2
  • Year Built: 1938
  • Lot Size: 0.16 AC / 6,969 SF

Summary

Location and General Information
  • Area: Reno-Old Northwest
  • Zip: 89503
  • Geo Latitude: 39.5369529724121
  • Geo Longitude: -119.818336486816
  • Geo Quality: 0.95
  • Geo Zoom Level: 14.0
  • Geo Address Line: 1001 N Sierra St
  • Geo Primary City: Reno
  • Geo Secondary City: Washoe Co.
  • Geo Subdivision: NV
  • Geo Postal Code: 89503
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Address: 1001 N Sierra
  • County: Washoe
  • Xstreet/Directions: 10th & N. Sierra
  • Source of Zoning: Assessor
Taxes and HOA Information
  • CC/R Restrictions: No
  • Sliding Scale: No
  • Taxes $: $1,862.22
Parking
  • Parking Capacity per Unit: 1
  • Parking Types: Designated Parking

Property

Lot Information
  • Class: Multi-Family
  • Type: Multi-Family
  • Source of SqFt: Appraiser
  • Year Built: 1938.0
  • Acreage: 0.16
  • Type of Property: Apartment Building (up to 8 Units)
  • Parcel #: 00715309
  • Complex Name: North Sierra
  • Gross Square Footage: 4421.0
Property and Assessments
  • Documents On File: Furn, Fixtures, and Equip, Inventory, Rental/Leases
  • ADA Compliant: No
  • APOD Available: Yes
  • Tax Database ID: 5
  • Tax Property ID: 00715309
  • Construction: Wood Frame
  • Assessment $: $.00
  • Associated Document Count: 2
  • LVT Date: 03-21-2016
Utilities
  • Individually Metered: Yes

Interior and Exterior Features

Interior Features
  • Heating/Cooling: Central Refrig A/C, Forced Air, Natural Gas
  • Water Heater: Natural Gas
  • Windows: Combo/Varies
  • Facility Features: Landlord Pays Utilities, Pet Restrictions, Separate Heating/Cooling, Separate Meters-Electric, Separate Meters-Water, Separate Water Heaters, Separated Meters-Gas, Tenant Pays Utilities
  • Common Features: BBQ/Picnic Area
  • Unit Features: Blinds/Shades, Drapes/Curtains, Smoke Detector
  • Appliances: Oven/Range, Refrigerator
  • Laundry: Common, Separate
  • Flooring: Carpet, Ceramic Tile, Sheet Vinyl
  • Green Features: None
Exterior Features
  • Foundation: Basement/Unfinished
  • Exterior: Brick
  • Roof: Composition/Shingle, Pitched
  • Utilities: Cable, City Sewer, City/County Water, Electricity, Natural Gas, Telephone, Water Meter Installed
  • Landscaped: Fully Landscaped
  • Sprinklers: Manual
  • Fenced: Back, Front, Full, Partial
Room
  • Studio - # Baths: 0
  • 1 Bedroom - # Baths: 1
  • 1 Bedroom - # Units: 4
  • 1 Bedroom - SqFt/Unit: 700
  • 1 Bedroom - Avg Rent/Unit: 574
  • 2 Bedroom - # Baths: 1
  • 2 Bedroom - # Units: 2
  • 2 Bedroom - SqFt/Unit: 900
  • 2 Bedroom - Avg Rent/Unit: 775
  • 3 Bedroom - # Baths: 0
  • 3 Bedroom - # Units: 0
  • 3 Bedroom - SqFt/Unit: 0
  • 3 Bedroom - Avg Rent/Unit: 0
  • 4+ Bedroom - # Baths: 0
  • 4+ Bedroom - # Units: 0
  • 4+ Bedroom - SqFt/Unit: 0
  • 4+Bedroom - Avg Rent/Unit: 0
  • Manager Unit - # Bedrooms: 0
  • Manager Unit - # Baths: 0
  • Manager Unit - SqFt: 0
  • Studio - # Units: 0
  • Studio - SqFt/Unit: 0

Multi Family

Multi-Family Information
  • Studio - Average/Unit: 0
  • # Buildings: 2
  • # Units: 6
  • Stories: 2 Story
Income & Expenses
  • Annual Expenses: $15,494.00
  • Annual Income & Expenses: Actual
  • Gross Scheduled Income: $46,140.00
  • Net Operating Income: $28,339.00

Agent

Showing and Remarks
  • Days to Contract: 5
  • Showing Instructions: Drive By
Sale and Listing
  • Sale/Rent: For Sale
  • DOM: 45
  • DOMLS: 44
  • Cumulative DOM: 45
  • Cumulative DOMLS: 44
  • Possession: Subject to Tenants
  • Sale/Lease: For Sale
  • Contact Name: The Jan Mackenzie Group
  • Contact Phone: 322-3016

Rental

Rent Information
  • Annual Vacancy: $5.00
  • Current Lease: Leases

Property History for 1001 North Sierra Street

DateEvent & SourcePriceAppreciation
May 3, 2016

Sold

NNRMLS #160003535

$575,000—
May 3, 2016

Sold (Public Record)

Public Record #571009641

$575,000—
Apr 14, 2016

Pending

NNRMLS #160003535

—
DateEvent & SourcePrice
05/03/2016

Sold

NNRMLS #160003535

$575,000
05/03/2016

Sold (Public Record)

Public Record #571009641

$575,000
04/14/2016

Pending

NNRMLS #160003535

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1001 North Sierra Street

Taxable Value

Land

$82,250

Additions

$56,084
Total$138,334

Home Facts

Baths

6

Total Finished SqFt

4,421 SqFt

Above Grade Finished SqFt

4,421 SqFt

Stories

2

Lot Size

7,138 SqFt

Style

Multi-Family Dwelling (2-4)

Year Built

1938

Year Renovated

1938

Zoning

MF30

County

WASHOE

APN

007-153-09

Schools near 1001 North Sierra Street

This home is within Washoe County School District.
Rating
School
Type
Grades
Distance
Elmcrest Elementary School
Public - PK to 5
Archie Clayton Middle School
Public - 6 to 8
Reno High School
Public - 9 to 12
Coral Academy Charter School Elementary
Charter - K to 4
Rating
School
Distance
Elmcrest Elementary School
PublicPK to 5

Archie Clayton Middle School
Public6 to 8

Reno High School
Public9 to 12

Coral Academy Charter School Elementary
CharterK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Nevada Home Connections, Janice Mackenzie, License #5096

Based on information from one of the following Multiple Listing Services: MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS.. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS. is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.