1931 Valley Road

Closed 9/15/21
Closed 9/15/21
Photo 1
Photo 2
Photo 3
Photo 4
Photo 5
Photo 6
Photo 7
Photo 8
Photo 9
Photo 10
Photo 11
Photo 12
Photo 13
Photo 14
Photo 15
Photo 16
Photo 17
Photo 18
Photo 19
Photo 20
Closed
Last Sold Price
$640,000
Refinance your loan
5 beds5 baths1,975 sqft

1931 Valley Rd, Reno, NV 89512

Description

A nice shady setting with mature trees is a two bedroom home and duplex on a corner lot. The house has a large front yard and a dog run in rear. The property is fenced and there is a two car garage. Improvements include new breaker panel, recent water heater replacement and a sewer line to the street replaced from the duplex backyard. 2 new stoves in the duplex were recently replaced. There is a bus line close by and only blocks from University of Nevada at Reno. Rents are well below market., There...A nice shady setting with mature trees is a two bedroom home and duplex on a corner lot. The house has a large front yard and a dog run in rear. The property is fenced and there is a two car garage. Improvements include new breaker panel, recent water heater replacement and a sewer line to the street replaced from the duplex backyard. 2 new stoves in the duplex were recently replaced. There is a bus line close by and only blocks from University of Nevada at Reno. Rents are well below market., There are 61 designated opportunity zones in Nevada. https:/opportunitydb.com/location/nevada is the site for a great map for designated areas. Tax incentive created end of 2017 for development in lower income areas. Tax deferral, reduction of taxes..www.diversitynevada.comprograms/opportunity zones. (Ozones) It is a capital gains deferment program for economically distressed and or/ lower income areas to encourage economic and community development in these areas. Dept. of Business and Industry, State of NV.gov for more information. Property consists of a 2 bedroom house and a duplex with a 1 bedroom on 1 side and a 2 bedroom on the other side.
Multi FamilyProperty Type
0.17 acresLot Size
1940Year Built
$324/sq ftPrice per sq ft
7 carsParking Spaces
  • Listed by: Jeanne Wiest 775.721.3706 jeannesellsnev@tm.net • Ballard Realty, Inc.
Listing closed: 09/15/2021 12:00 AM
Source: NNRMLS, MLS#: 210006309
See It First™ on Compass

Find homes before they're listed on other real estate sites.

Start your search

Recent comparable sales

Median sold price

$610,000

Avg days on market

81

Sale-to-list ratio

92.0%

Reno, NV

9 comparable properties found

$450,000 | 1461 East 7th Street, Reno, NV 89512
1/15
1

$450,000

Sold 01/30/25

5
Bedrooms
4
Bathrooms
1,640
Square Feet
0.33
Acres

1461 East 7th Street, Reno, NV 89512

a front view of a house with a yard and garage
1/52
2

$672,000

Sold 03/13/26

5
Bedrooms
2,186
Square Feet
0.4
Acres

4780 Koenig Road, Reno, NV 89506

a front view of house with yard and outdoor seating
1/36
3

$704,000

Sold 03/12/25

5
Bedrooms
3
Bathrooms
2,117
Square Feet
0.22
Acres

606 East 7th Street, Reno, NV 89512

$610,000 | 764 Aitken Street, Reno, NV 89502
1/21
4

$610,000

Sold 02/13/25

4
Bedrooms
4
Bathrooms
1,763
Square Feet
0.15
Acres

764 Aitken Street, Reno, NV 89502

a view of a house with backyard and deck
1/20
5

$400,000

Sold 07/25/25

5
Bedrooms
4
Bathrooms
1,802
Square Feet
6,011
Acres

1545 Stardust Street, Unit 1545; 1555, Reno, NV 89503

a front view of a house with a yard
1/40
6

$625,000

Sold 02/27/26

5
Bedrooms
2,260
Square Feet
0.18
Acres

1510 Majestic Drive, Unit ONE, Reno, NV 89503

a view of a house with a tree
1/23
7

$546,000

Sold 12/16/24

4
Bedrooms
4
Bathrooms
1,792
Square Feet
0.19
Acres

980 Roberts Street, Unit 2, Reno, NV 89502

a front view of a house with a yard and garage
1/36
8

$505,000

Sold 07/08/25

5
Bedrooms
2,349
Square Feet
0.29
Acres

2455 Cannan Street, Reno, NV 89512

an aerial view of multiple house
1/24
9

$740,000

Sold 04/04/25

4
Bedrooms
4
Bathrooms
2,035
Square Feet
0.19
Acres

1495 Humboldt Street, Reno, NV 89509

Location

Add your commute
Property Calculator

Get preapproved with Rocket Mortgage1

$3,481 per month

Principal and Interest

$3,417

Property Taxes

$64

The Payment Calculator is for illustrative purposes only.
Get prequalified

Property information

1931 Valley Road

Property Details

  • Taxes: $770 / year
  • MLS Type: Residential Income

Building Information

  • Stories: 1
  • Residences: 3
  • Year Built: 1940
  • Lot Size: 0.17 AC / 7,405 SF

Summary

Location and General Information

  • Directions: NoCenter, rt 4th,lft Valley,past Beverly,on left
  • Address:Parcel Number: 00704007

Taxes and HOA

  • Association Amenities: Barbecue
  • Association Fee: $0
  • Tax Annual Amount: $770
  • Tax Legal:Tax Annual Amount: $770
  • Tax Legal:Special Assessments and Bonds Other Than CIC: 0.0
  • Tax Legal:Zoning: Mf30
  • Tax Legal:Directions: NoCenter, rt 4th,lft Valley,past Beverly,on left
  • AssociationCommunity:Number Of Buildings: 2.0
  • Association Amenities:Barbecue: Yes

Parking

  • Attached Garage YN: No
  • Parking Features: Common, Garage
  • Parking Total: 7.0
  • Parking Information:Parking Total: 7.0
  • Parking Features:Common: Yes
  • Parking Features:Garage: Yes

Property

Lot Information

  • Lot Features: Landscaped
  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Square Feet: 7405.2
  • Lot Size Units: Acres
  • Water Source: Public
  • Building Area Total: 1975.0
  • Lot:Lot Size Acres: 0.17
  • Lot:Lot Size Square Feet: 7405.2
  • Lot Features:Landscaped: Yes

Property and Assessments

  • Parcel Number: 00704007
  • Possession: Close Of Escrow
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Property Type: Residential Income
  • Year Built: 1940
  • Number Of Buildings: 2
  • Possession:Close Of Escrow: Yes
  • Road Frontage Type:Public: Yes
  • Road Responsibility:Public Maintained Road: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Sewer Available, Water Available, Cellular Coverage
  • Electric: True
  • Utilities:Heating YN: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities:Internet Available: Yes
  • Utilities:Natural Gas Available: Yes
  • Utilities:Sewer Available: Yes
  • Utilities:Water Available: Yes
  • Utilities:Cellular Coverage: Yes
  • Sewer:Public Sewer: Yes
  • Water Heater:Electric: Yes
  • Water Source:Public: Yes
  • Meter Information:Separate Meters YN: Yes
  • Meter Information:Separate Electric Meters YN: Yes
  • Meter Information:Separate Gas Meters YN: Yes
  • Meter Information:Separate Water Meters YN: Yes
  • Meter Information:Separate Water Heaters YN: Yes
  • Meter Information:One Primary Electric Meter YN: No
  • Meter Information:One Primary Gas Meter YN: No
  • Meter Information:One Primary Water Meter YN: No

Interior and Exterior Features

Exterior Features

  • Stories: 1
  • Construction Materials: Frame, Stucco
  • Fencing: Full
  • Foundation Details: Crawl Space
  • Roof: Asphalt, Composition, Shingle
  • Security Features: Smoke Detector(s)
  • Window Features: Blinds, Drapes, Metal Frames, Single Pane Windows, Wood Frames
  • Building:Number Of Units Total: 3.0
  • Building:Stories: 1.0
  • Construction Materials:Frame: Yes
  • Construction Materials:Stucco: Yes
  • Fencing:Full: Yes
  • Foundation Details:Crawl Space: Yes
  • Roof:Asphalt: Yes
  • Roof:Composition: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Sprinklers:None: Yes
  • Window Features:Blinds: Yes
  • Window Features:Drapes: Yes
  • Window Features:Metal Frames: Yes
  • Window Features:Single Pane Windows: Yes
  • Window Features:Wood Frames: Yes

Interior Features

  • Flooring: Carpet
  • Heating: Natural Gas, Wall Furnace
  • Heating YN: Yes
  • Laundry Features: In Unit
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • Appliances: Oven, Dryer, Gas Range, Refrigerator, Washer
  • Interior:Building Area Total: 1975.0
  • Interior:Building Area Source: Assessor
  • Flooring:Carpet: Yes
  • Heating:Natural Gas: Yes
  • Heating:Wall Furnace: Yes
  • Appliances:Dryer: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Oven: Yes
  • Appliances:Refrigerator: Yes
  • Appliances:Washer: Yes
  • Laundry Features:In Unit: Yes

Multi Family

Income & Expenses

  • Total Annual Operating Expenses: $2,745
  • Gross Scheduled Income: $34,260
  • Net Operating Income: $31,515
  • Income and Expenses:Income Info Withheld YN: No
  • Income and Expenses:Annual Debt Service: 0.0
  • Income and Expenses:Annual Income & Expenses: Actual
  • Income and Expenses:Gross Scheduled Income: $34,260
  • Income and Expenses:Net Operating Income: $31,515
  • Income and Expenses:Total Annual Expenses: $2,745
  • Income and Expenses:Vacancy Allowance: $0

Multi Family Information

  • Number Of Units Total: 3

Rental

Rent Information

  • Tenant Pays: All Utilities
  • Pet Information:Pets Comments: Pet Restrictions
  • Tenant Pays:All Utilities: Yes

Property History

1931 Valley Road

DateEventPrice
Sep 15, 2021

Sold

NNRMLS #210006309

$640,000
Sep 13, 2021

Sold (Public Record)

Public Record #1474872391

$640,000
Jul 21, 2021

Pending

NNRMLS #210006309

—
DateEventPrice
09/15/2021

Sold

NNRMLS #210006309

$640,000
09/13/2021

Sold (Public Record)

Public Record #1474872391

$640,000

+7.4% / yr

07/21/2021

Pending

NNRMLS #210006309

—

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

Public records

1931 Valley Road

Baths

3

Total Finished SqFt

910 SqFt

Above Grade Finished SqFt

910 SqFt

Stories

1

Lot Size

7,205 SqFt

Style

Triplex

Schools

Near 1931 Valley Road

This home is within Washoe County School District.

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.

Know your buying power with a preapproval and custom rate in minutes
Rocket Mortgage1

Similar Homes

New listings in 89512

$414,900 | 1845 Trainer Way, Reno, NV 89512
1/32

Listing Courtesy of Hello Real Estate Center, Luz Maria Lonato-Arias, License #S.176378

New

$414,900

4
Bedrooms
1,281
Square Feet
0.16
Acres

1845 Trainer Way, Reno, NV 89512

$195,000 | 1350 Oliver Avenue, Reno, NV 89512

Listing Courtesy of Berkshire Hathaway HomeService, Brian Wilson, License #S.180823

Active Under Contract - No Show

$195,000

4
Bedrooms
1,580
Square Feet
0.15
Acres

1350 Oliver Avenue, Reno, NV 89512

$129,900 | 2555 Clear Acre Lane, Unit 761, Reno, NV 89512
1/6

Listing Courtesy of Ballard Realty, Inc., J J Ballard, License #B.19363

New

$129,900

1
Bedrooms
668
Square Feet

2555 Clear Acre Lane, Unit 761, Reno, NV 89512

$449,000 | 2447 Melody Lane, Reno, NV 89512
1/14

Listing Courtesy of Century 21 Green Valley Realty, Jason Thompson, License #BS.146505

Active Under Contract - No Show

$449,000

3
Bedrooms
1,954
Square Feet
0.26
Acres

2447 Melody Lane, Reno, NV 89512

$390,000 | 1565 Oliver Avenue, Reno, NV 89512
1/44

Listing Courtesy of LPT Realty, LLC, Sam Stout, License #S.201847

$390,000

2
Bedrooms
1,273
Square Feet
0.17
Acres

1565 Oliver Avenue, Reno, NV 89512

$750,000 | 866 North University Park Loop, Reno, NV 89512
1/90

Listing Courtesy of Key Collective, Tyler Cornu, License #S.184421

$750,000

4
Bedrooms
2,305
Square Feet
0.26
Acres

866 North University Park Loop, Reno, NV 89512

$615,000 | 3116 Orrizonte Terrace, Reno, NV 89512
1/21

Listing Courtesy of Dickson Realty - Sparks, Kayla Dalton, License #S.182071; Dickson Realty - Sparks, Kevyn Klingler, License #S.197628

$615,000

3
Bedrooms
2,028
Square Feet
0.12
Acres

3116 Orrizonte Terrace, Reno, NV 89512

$210,000 | 3399 Crystal Lane, Unit C1, Reno, NV 89512
1/27

Listing Courtesy of Ferrari-Lund Real Estate South, Cindy Greene, License #S.55703

$210,000

2
Bedrooms
960
Square Feet

3399 Crystal Lane, Unit C1, Reno, NV 89512

$119,500 | 3953 Clear Acre Lane, Unit 312, Reno, NV 89512
1/21

Listing Courtesy of Reno Realty, Kristopher Kent, License #B.75582

$119,500

1
Bedrooms
665
Square Feet

3953 Clear Acre Lane, Unit 312, Reno, NV 89512

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1931 Valley Road, Reno, NV 89512
$640,000
5
5
1,975
7,405
1933 Valley Road, Reno, NV 89512
$215,000
3
1,300
6,969
1965 Valley Road, Reno, NV 89512
$195,000
3
952
6,969
1983 Valley Road, Reno, NV 89512
–
–
2
1,388
7,205
498 Beverly Street, Reno, NV 89512
$51,000,000
5
5
1,893
1,176
494 Beverly Street, Reno, NV 89512
$51,000,000
5
5
1,893
1,176

Explore Nearby Homes

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 Ballard Realty, Inc., Jeanne Wiest, License #BS.9204

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.