









Description
Listing Agent
Property Details for 1446 Model Way
Property Details for 1446 Model Way
| Status | Sold |
|---|---|
| MLS # | 230006120 |
| Days on Compass | 19 |
| Taxes | $3,313 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Multi Family |
| MLS Type | Multi-Family / Apartment Building (up to 8 Units) |
| Year Built | 1944 |
| Lot Size | 0.33 AC / 14,374 SF |
| County | Washoe County |
| Buyer's Agent Compensation | 3% |
Location
Sold By RE/MAX Professionals-Reno, Brent Vaulet, License #10770
Building Information for 1446 Model Way
Payment Calculator
$5,486 per month
30 year fixed, 6.55% Interest
$5,210
$276
$0
Property Information for 1446 Model Way
- Area: Reno-Southeast
- Zip: 89502
- Geo Latitude: 39.48705
- Geo Longitude: -119.779683
- Geo Quality: 0.95
- Geo Zoom Level: 14.0
- Geo Address Line: 1446 Model Way
- Geo Primary City: Reno
- Geo Subdivision: NV
- Geo Postal Code: 89502
- Geo Match Code: 0
- Geo Matched Method: 0
- Address: 1446 Model Way
- County: Washoe
- Xstreet/Directions: Neil Road
- Source of Zoning: Assessor
- CC/R Restrictions: No
- Sliding Scale: No
- Taxes $: $3,313.25
- Parking Capacity per Unit: 2
- Parking Types: Common, Garage
- Class: Multi-Family
- Type: Multi-Family
- Source of SqFt: Assessor
- Year Built: 1944.0
- Acreage: 0.33
- Type of Property: Apartment Building (up to 8 Units)
- Parcel #: 02034207
- Complex Name: Model Way Apartments
- Gross Square Footage: 5640.0
- Cap Rate: 5.00%
- Documents On File: Financial Statements, Rental/Leases
- ADA Compliant: No
- APOD Available: Yes
- Construction: Wood Frame
- Associated Document Count: 2
- LVT Date: 06-09-2023
- Individually Metered: Yes
- Heating/Cooling: Natural Gas, Forced Air
- Water Heater: Natural Gas
- Windows: Double Pane, Single Pane, Varies by Unit
- Facility Features: Master Meter-Water, Separate Meters-Electric, Separated Meters-Gas, Tenant Pays Utilities
- Common Features: BBQ/Picnic Area
- Unit Features: Blinds/Shades, Smoke Detector
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range, Refrigerator, Varies Per Unit, Washer
- Laundry: Separate
- Flooring: Carpet, Ceramic Tile
- Green Features: None
- Foundation: Concrete Slab
- Exterior: Wood Siding
- Roof: Composition/Shingle, Flat, Membrane, Pitched
- Utilities: City/County Water, City Sewer, map to 20, Electricity, Natural Gas
- Landscaped: None
- Sprinklers: None
- Fenced: None
- Studio - # Baths: 0
- 1 Bedroom - # Baths: 0
- 1 Bedroom - # Units: 0
- 1 Bedroom - SqFt/Unit: 0
- 1 Bedroom - Avg Rent/Unit: 0
- 2 Bedroom - # Baths: 1
- 2 Bedroom - # Units: 6
- 2 Bedroom - SqFt/Unit: 800
- 2 Bedroom - Avg Rent/Unit: 800
- 3 Bedroom - # Baths: 2
- 3 Bedroom - # Units: 1
- 3 Bedroom - SqFt/Unit: 840
- 3 Bedroom - Avg Rent/Unit: 1300
- 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
- Studio - Average/Unit: 0
- # Buildings: 2
- # Units: 7
- Stories: 2 Story
- Annual Debt Service: $.00
- Annual Expenses: $23,653.24
- Annual Income & Expenses: Actual
- Gross Scheduled Income: $74,639.88
- Net Operating Income: $50,986.64
- Showing Instructions: Call Listing Agent
- Sale/Rent: For Sale
- DOM: 19
- DOMLS: 18
- Cumulative DOM: 19
- Cumulative DOMLS: 18
- Possession: Subject to Tenants
- Sale/Lease: For Sale
- Contact Name: Cole Mizak
- Contact Phone: 775-225-2549
- Annual Vacancy: $.00
- Current Lease: Leases
Property History for 1446 Model Way
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Jun 26, 2023 | Sold NNRMLS #230006120 | $1,025,000 | — |
| Jun 24, 2023 | Sold (Public Record) Public Record #1514187642 | $1,025,000 | +2.8% / yr |
| Jun 10, 2023 | Pending NNRMLS #230006120 | — | |
| Jun 10, 2023 | In Contract NNRMLS #230006120 | — | |
| Jun 7, 2023 | Listed (Active) NNRMLS #230006120 | $1,100,000 | — |
| Jul 6, 2014 | Expired NNRMLS #130008315 | — | |
| Jul 7, 2013 | Listed (Active) NNRMLS #130008315 | $535,000 | — |
| Dec 31, 2007 | Expired NNRMLS #70011507 | — | |
| May 29, 2007 | Listed (Active) NNRMLS #70011507 | $795,000 | — |
| Jan 2, 2005 | Sold NNRMLS #40014207 | $615,000 | — |
| Dec 16, 2004 | Sold (Public Record) Public Record #150608306 | $615,000 | — |
| Nov 8, 2004 | Pending NNRMLS #40014207 | — | |
| Sep 10, 2004 | Listed (Active) NNRMLS #40014207 | $630,000 | — |
| Apr 30, 2004 | Expired NNRMLS #30006647 | — | |
| Oct 5, 2003 | Listed (Active) NNRMLS #30006647 | $650,000 | — |
| Aug 27, 2003 | Withdrawn NNRMLS #30004761 | — |
| Date | Event & Source | Price |
|---|---|---|
| 06/26/2023 | Sold NNRMLS #230006120 | $1,025,000 |
| 06/24/2023 | Sold (Public Record) Public Record #1514187642 | $1,025,000 +2.8% / yr |
| 06/10/2023 | Pending NNRMLS #230006120 | — |
| 06/10/2023 | In Contract NNRMLS #230006120 | — |
| 06/07/2023 | Listed (Active) NNRMLS #230006120 | $1,100,000 |
| 07/06/2014 | Expired NNRMLS #130008315 | — |
| 07/07/2013 | Listed (Active) NNRMLS #130008315 | $535,000 |
| 12/31/2007 | Expired NNRMLS #70011507 | — |
| 05/29/2007 | Listed (Active) NNRMLS #70011507 | $795,000 |
| 01/02/2005 | Sold NNRMLS #40014207 | $615,000 |
| 12/16/2004 | Sold (Public Record) Public Record #150608306 | $615,000 |
| 11/08/2004 | Pending NNRMLS #40014207 | — |
| 09/10/2004 | Listed (Active) NNRMLS #40014207 | $630,000 |
| 04/30/2004 | Expired NNRMLS #30006647 | — |
| 10/05/2003 | Listed (Active) NNRMLS #30006647 | $650,000 |
| 08/27/2003 | Withdrawn NNRMLS #30004761 | — |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 1446 Model Way
Schools near 1446 Model Way
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | K to 5 |
Rating | School | Distance |
|---|---|---|
Smithridge Elementary School PublicPK to 5 | ||
E Otis Vaughn Middle School Public6 to 8 | ||
Damonte Ranch High School Public9 to 12 | ||
Coral Academy Elementary-Northwest CharterK to 5 |
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.
Similar Homes
Nearby home values
| Address | Sold price | Beds | Baths | Sqft | Lot AC |
|---|---|---|---|---|---|
$92,600 | 4 | 3 | 1,632 | 0.25 | |
$1,125,000 | 6 | 2 | 19,647 | – | |
– | – | 1 | 754 | 0.15 | |
– | 3 | 1 | 2,504 | 0.21 | |
$175,000 | – | – | – | 0.97 | |
$96,300 | – | – | – | 0.97 | |
– | – | 1 | 754 | 0.15 | |
$150,000 | 3 | 1 | 1,031 | 0.2 | |
– | – | 1 | 754 | 0.29 | |
– | – | 1 | 754 | 0.28 | |
– | – | 1 | 754 | 0.15 | |
– | 3 | 1 | 1,218 | 0.21 | |
– | – | 1 | 754 | 0.26 | |
$755,000 | – | 5 | 3,712 | 0.16 | |
$345,000 | 6 | 4 | 3,712 | 0.09 |
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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 Compass, Cole Mizak, License #S.0179606
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.











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