2204 Patton Drive

Sold 11/26/14

Sold

Last Sold Price

$200,000

10 beds2 baths4,686 sqft

2204 Patton Dr, Reno, NV 89512

Multi FamilyProperty Type

0.19 acresLot Size

1964Year Built

$43/sq ftPrice per sq ft

6 carsParking Spaces

Description

Price reduction! Great opportunity for a local owner wanting to move up to a small apartment building. This 6 Plex building can generate more than an 8% cap rate. Property offered for sale by manager. MLS lock box on a vacant unit. Very motivated seller.Price reduction! Great opportunity for a local owner wanting to move up to a small apartment building. This 6 Plex building can generate more than an 8% cap rate. Property offered for sale by manager. MLS lock box on a vacant unit. Very motivated seller.

Listed by: Marc Sykes • Dickson Realty - Caughlin
Listed by: Paul Armstrong • Dickson Realty - Caughlin

Listing closed: 11/25/2014 04:00 PM • Source: NNRMLS, MLS#: 140007819

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Location

Listing Courtesy of Dickson Realty - Caughlin, Marc Sykes, License #1476; Dickson Realty - Caughlin, Paul Armstrong, License #7339

Sold By Sierra Nevada Properties-Reno, Jodi Kruse, License #8543

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$1,151 per month

30 year fixed, 6.71% Interest

Principal and Interest

$1,034

Property Taxes

$117

HOA Dues

The Payment Calculator is for illustrative purposes only.

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Property Information for 2204 Patton Drive

Property Details

Taxes: $1,405 / 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: 1964
Lot Size: 0.19 AC / 8,276 SF

Summary

Location and General Information

Area: Reno-North
Zip: 89512

Geo Latitude: 39.5511932373047
Geo Longitude: -119.796363830566
Geo Quality: 0.95
Geo Zoom Level: 14.0
Geo Address Line: 2204 Patton Dr
Geo Primary City: Reno
Geo Secondary City: Washoe Co.
Geo Subdivision: NV
Geo Postal Code: 89512
Geo Match Code: 0
Geo Matched Method: 0
Address: 2204 Patton Drive
County: Washoe
Xstreet/Directions: Sutro to Wedekind to Patton
Source of Zoning: Assessor

Taxes and HOA Information

CC/R Restrictions: No
Sliding Scale: No

Taxes $: $1,405.00

Parking

Parking Capacity per Unit: 1
Parking Types: Common

Property

Lot Information

Class: Multi-Family
Type: Multi-Family

Source of SqFt: Assessor
Year Built: 1964.0
Acreage: 0.19
Type of Property: Apartment Building (up to 8 Units)
Parcel #: 00409206
Complex Name: Patton Apartments
Gross Square Footage: 4686.0

Property and Assessments

Documents On File: Rental/Leases
ADA Compliant: No

APOD Available: No
Tax Database ID: 5
Tax Property ID: 00409206
Construction: Wood Frame
Assessment $: $.00
Associated Document Count: 0

Utilities

Individually Metered: No

Interior and Exterior Features

Interior Features

Heating/Cooling: Natural Gas
Water Heater: Natural Gas

Windows: Single Pane
Facility Features: Separated Meters-Gas
Common Features: None
Unit Features: Blinds/Shades
Appliances: Oven/Range, Refrigerator
Laundry: None
Flooring: Carpet, Sheet Vinyl
Green Features: None

Exterior Features

Foundation: Concrete Slab
Exterior: Brick

Roof: Flat
Utilities: Cable, City Sewer, City/County Water, Electricity, Natural Gas, Telephone
Landscaped: Partially Landscaped
Sprinklers: None
Fenced: Partial

Room

Studio - # Baths: 0
1 Bedroom - # Baths: 1

1 Bedroom - # Units: 2
1 Bedroom - SqFt/Unit: 0
1 Bedroom - Avg Rent/Unit: 395
2 Bedroom - # Baths: 1
2 Bedroom - # Units: 4
2 Bedroom - SqFt/Unit: 0
2 Bedroom - Avg Rent/Unit: 450
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: 1

# Units: 6
Stories: 2 Story

Income & Expenses

Income Info w/h: No
Annual Expenses: $4,662.00

Annual Income & Expenses: Pro Forma
Gross Scheduled Income: $31,080.00
Net Operating Income: $24,864.00

Agent

Showing and Remarks

Showing Instructions: Drive By

Sale and Listing

Sale/Rent: For Sale
DOM: 170

DOMLS: 170
Cumulative DOM: 170
Cumulative DOMLS: 170
Possession: COE
Sale/Lease: For Sale
Contact Name: Marc Sykes
Contact Phone: 775-284-3018

Rental

Rent Information

Annual Vacancy: $1,554.00
Current Lease: Leases

Property History for 2204 Patton Drive

Date	Event & Source	Price	Appreciation
Nov 25, 2014	Sold NNRMLS #140007819	$200,000	—
Nov 6, 2014	Sold (Public Record) Public Record #483229763	$200,000	-3.3% / yr
Oct 16, 2014	Pending NNRMLS #140007819		—
Jun 8, 2014	Listed (Active) NNRMLS #140007819	$295,000	—
Aug 17, 2003	Sold NNRMLS #302861	$298,000	—
Aug 15, 2003	Sold (Public Record) Public Record #118238467	$290,000	+4.4% / yr
Jun 15, 2003	Pending NNRMLS #302861		—
Mar 18, 2003	Listed (Active) NNRMLS #302861	$298,200	—
Apr 18, 2001	Sold (Public Record) Public Record #71601733	$262,500	—

Date	Event & Source	Price
11/25/2014	Sold NNRMLS #140007819	$200,000
11/06/2014	Sold (Public Record) Public Record #483229763	$200,000 -3.3% / yr
10/16/2014	Pending NNRMLS #140007819	—
06/08/2014	Listed (Active) NNRMLS #140007819	$295,000
08/17/2003	Sold NNRMLS #302861	$298,000
08/15/2003	Sold (Public Record) Public Record #118238467	$290,000 +4.4% / yr
06/15/2003	Pending NNRMLS #302861	—
03/18/2003	Listed (Active) NNRMLS #302861	$298,200
04/18/2001	Sold (Public Record) Public Record #71601733	$262,500

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

Public Records for 2204 Patton Drive

Taxable ValueLand$70,000Additions$43,852Total$113,852

Tax Record2025$1,409 ($117 / month)

Home Facts

Baths6Total Finished SqFt4,686 SqFtAbove Grade Finished SqFt4,686 SqFtStories2Lot Size8,451 SqFtStyleMulti-Family Dwelling (2-4)Year Built1964Year Renovated1964ZoningMF30CountyWASHOEAPN004-092-06

Schools near 2204 Patton Drive

This home is within Washoe County School District.


Rating	School	Type	Grades	Distance
5/10	Rita Cannan Elementary School	Public - Serves this home	PK to 5	0.6 mi
5/10	Fred W Traner Middle School	Public - Serves this home	6 to 8	0.7 mi
2/10	Procter R Hug High School	Public - Serves this home	9 to 12	1.7 mi
6/10	High Desert Montessori Charter School	Charter - Choice school	PK to 8	0.8 mi
6/10	Coral Academy Charter School Elementary	Charter - Choice school	K to 4	0.8 mi
8/10	Coral Academy Middle School	Charter - Choice school	5 to 8	0.9 mi
NR	The Church Academy	Private - Nearby school	1 to 12	0.5 mi


Rating	School	Distance
5/10	Rita Cannan Elementary School PublicPK to 5 Serves this home	0.6 mi
5/10	Fred W Traner Middle School Public6 to 8 Serves this home	0.7 mi
2/10	Procter R Hug High School Public9 to 12 Serves this home	1.7 mi
6/10	High Desert Montessori Charter School CharterPK to 8 Choice school	0.8 mi
6/10	Coral Academy Charter School Elementary CharterK to 4 Choice school	0.8 mi
8/10	Coral Academy Middle School Charter5 to 8 Choice school	0.9 mi
NR	The Church Academy Private1 to 12 Nearby school	0.5 mi

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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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 2204 Patton Drive, Reno, NV 89512	$200,000	10	2	4,686	8,276
2266 Patton Drive, Reno, NV 89512	$529,000	–	6	4,686	7,449
2245 Tripp Drive, Reno, NV 89512	–	4	2	1,248	5,793
2265 Tripp Drive, Reno, NV 89512	$340,000	4	2	1,248	6,098
2290 Patton Drive, Reno, NV 89512	–	–	6	4,686	7,667
2220 Tripp Drive, Reno, NV 89512	$144,000	4	2	1,248	6,098
2220 Tripp Drive, Unit 1, Reno, NV 89512	$157,000	4	2	1,248	6,098
2233 Patton Drive, Reno, NV 89512	$233,000	8	4	3,432	6,969
2285 Tripp Drive, Reno, NV 89512	$46,000	4	2	1,248	6,098
2390 Tripp Drive, Reno, NV 89512	$87,500	2	2	919	–
2197 Patton Drive, Reno, NV 89512	$680,000	8	4	3,432	7,405
2230 Tripp Drive, Reno, NV 89512	$255,000	4	2	1,248	6,534
2210 Tripp Drive, Reno, NV 89512	$310,000	4	2	1,248	6,098
2390 Tripp, Unit 9, Reno, NV 89512	$90,000	2	2	919	–
2410 Tripp, Unit 10, Reno, NV 89512	$46,750	2	2	919	–
2410 Tripp Drive, Unit 117, Reno, NV 89512	$89,000	2	2	919	–

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Listing Courtesy of Dickson Realty - Caughlin, Marc Sykes, License #1476; Dickson Realty - Caughlin, Paul Armstrong, License #7339

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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