2197 Patton Dr

4
Baths
3,432 Sq. Ft.
$198 / Sq. Ft.
3,432
Sq. Ft.
$198
per Sq. Ft.

Description

1.5 miles to UNR! Exterior renovations include new roof, parking lot, sewer line, windows, front doors, lighting, and fresh exterior paint. Interiors fully renovated with new waterproof plank vinyl flooring, granite countertops, new cabinets, new stainless-steel appliances, and washer/dryers. Sellers initially intended on holding the property long-term and renovated accordingly. The new owner of this property will experience long term and predictable benefits from this investment for many decades...1.5 miles to UNR! Exterior renovations include new roof, parking lot, sewer line, windows, front doors, lighting, and fresh exterior paint. Interiors fully renovated with new waterproof plank vinyl flooring, granite countertops, new cabinets, new stainless-steel appliances, and washer/dryers. Sellers initially intended on holding the property long-term and renovated accordingly. The new owner of this property will experience long term and predictable benefits from this investment for many decades to come! , Easily shown! Unit 2197 (upper left) not yet occupied… showing requests will automatically be approved for this unit. Accepted offer required to tour the remaining 3 units (they are all identical, FYI). Please do not disturb the other occupied units. No sign on the property. 6.10% CAP rate based on the actual income of $57,360 ($1,195 per unit, per month) and a projected expense ratio of 25%. APOD, rent roll, and contractor repair invoices available upon request.
  1. Listed by Chris McCain • DL Realty
    P: (775)-225-1144 cm@dlrealtyco.com

Property Details for 2197 Patton Drive

Zoning
MF30
LISTING CLOSED: 03/13/2020 12:00 AM

Property Details for 2197 Patton Drive

StatusClosed
MLS #200000443
Days on Compass59
Taxes$1,132 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1963
Lot Size0.17 AC / 7,405 SF
CountyWashoe County

Location

Listing Courtesy of DL Realty, Chris McCain, License #S.183923

Sold By DL Realty, Chris McCain, License #S.183923

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Building Information for 2197 Patton Drive

Stories2Residences4Year Built1963Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$3,483 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,389

Property Taxes

$94

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2197 Patton Drive

Summary
Location and General Information
  • Directions: Trip
  • Address:Parcel Number: 00409309
Taxes and HOA
  • Association Fee: $0
  • Tax Annual Amount: $1,132
  • Tax Legal:Tax Annual Amount: $1,132
  • Tax Legal:Special Assessments and Bonds Other Than CIC: 0.0
  • Tax Legal:Zoning: MF30
  • Tax Legal:Directions: Trip
  • AssociationCommunity:Number Of Buildings: 1.0
Parking
  • Attached Garage YN: No
  • Parking Features: Assigned
  • Parking Total: 4.0
  • Parking Information:Parking Total: 4.0
  • Parking Features:Assigned: 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: 3432.0
  • Lot:Lot Size Acres: 0.17
  • Lot:Lot Size Square Feet: 7405.2
  • Lot Features:Landscaped: Yes
Property and Assessments
  • Parcel Number: 00409309
  • Possession: Close Of Escrow
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Property Type: Residential Income
  • Year Built: 1963
  • Number Of Buildings: 1
  • Possession:Close Of Escrow: Yes
  • Road Frontage Type:Public: Yes
  • Road Responsibility:Public Maintained Road: Yes
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Electric: True
  • Utilities:Heating YN: Yes
  • Utilities:Electricity Available: Yes
  • Utilities:Natural Gas Available: Yes
  • Utilities:Sewer Available: Yes
  • Utilities:Water Available: 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: No
  • 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: Yes
Interior and Exterior Features
Exterior Features
  • Stories: 2
  • Construction Materials: Brick
  • Fencing: Partial
  • Foundation Details: Crawl Space
  • Roof: Asphalt, Flat
  • Security Features: Smoke Detector(s)
  • Window Features: Blinds, Double Pane Windows
  • Building:Number Of Units Total: 4.0
  • Building:Stories: 2.0
  • Construction Materials:Brick: Yes
  • Fencing:Partial: Yes
  • Foundation Details:Crawl Space: Yes
  • Roof:Asphalt: Yes
  • Roof:Flat: Yes
  • Security Features:Smoke Detector(s): Yes
  • Sprinklers:None: Yes
  • Window Features:Blinds: Yes
  • Window Features:Double Pane Windows: Yes
Interior Features
  • Flooring: Carpet, Heavy Duty
  • Heating: Forced Air, Natural Gas
  • Heating YN: Yes
  • Laundry Features: In Unit
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • Appliances: Oven, ENERGY STAR Qualified Appliances, Dishwasher, Dryer, Gas Range, Microwave, Refrigerator, Washer
  • Interior:Building Area Total: 3432.0
  • Interior:Building Area Source: Assessor
  • Flooring:Carpet: Yes
  • Flooring:Heavy Duty: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Appliances:Dishwasher: Yes
  • Appliances:Dryer: Yes
  • Appliances:ENERGY STAR Qualified Appliances: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Microwave: Yes
  • Appliances:Oven: Yes
  • Appliances:Refrigerator: Yes
  • Appliances:Washer: Yes
  • Laundry Features:In Unit: Yes
Multi Family
Income & Expenses
  • Total Annual Operating Expenses: $13,910
  • Gross Scheduled Income: $57,360
  • Net Operating Income: $41,729
  • 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: $57,360
  • Income and Expenses:Net Operating Income: $41,729
  • Income and Expenses:Total Annual Expenses: $13,910
  • Income and Expenses:Vacancy Allowance: $1,721
Multi Family Information
  • Number Of Units Total: 4
Rental
Rent Information
  • Tenant Pays: All Utilities
  • Tenant Pays:All Utilities: Yes

Property History for 2197 Patton Drive

DateEvent & SourcePriceAppreciation
Mar 13, 2020

Sold

NNRMLS #200000443

$680,000
Jan 17, 2020

Pending

NNRMLS #200000443

Jan 14, 2020

Listed (Active)

NNRMLS #200000443

$684,000
DateEvent & SourcePrice
03/13/2020

Sold

NNRMLS #200000443

$680,000
01/17/2020

Pending

NNRMLS #200000443

01/14/2020

Listed (Active)

NNRMLS #200000443

$684,000

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

Public Records for 2197 Patton Drive

Taxable ValueLand$54,740Additions$32,037Total$86,777
Tax Record2025$1,723 ($144 / month)
Home Facts
Baths4Total Finished SqFt3,432 SqFtAbove Grade Finished SqFt3,432 SqFtStories2Lot Size7,318 SqFtStyleMulti-Family Dwelling (2-4)Year Built1963ZoningMF30CountyWASHOEAPN004-093-09

Schools near 2197 Patton Drive

This home is within Washoe County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 4
Rating
School
Distance
Rita Cannan Elementary School
PublicPK to 5

Fred W Traner Middle School
Public6 to 8

Procter R Hug 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 DL Realty, Chris McCain, License #S.183923

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.