440 Minerva Lane

Closed 4/26/21
Closed 4/26/21
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Sold
Last Sold Price
$500,000
4 beds2 baths1,414 sqft$354/sqft
440 Minerva Ln, Reno, NV 89503
Multi FamilyProperty Type
8,276 sq ftLot Size
1953Year Built
$354/sq ftPrice per sq ft
2 carsParking Spaces

Description

Perfect West University Location with downtown and mountain views. Conveniently located walking distance to UNR, Whitaker Park, downtown, and midtown! Each unit is 2bd, 1ba with fridge and w/d. Sizable storage area in basement not included in square footage + a courtyard. Large backyard and MF30 zoning would allow for additional units! Excellent income--currently grossing $2900/month. Freshly painted and ready for immediate occupancy. Fantastic, versatile opportunity! , Please do not disturb occupants....Perfect West University Location with downtown and mountain views. Conveniently located walking distance to UNR, Whitaker Park, downtown, and midtown! Each unit is 2bd, 1ba with fridge and w/d. Sizable storage area in basement not included in square footage + a courtyard. Large backyard and MF30 zoning would allow for additional units! Excellent income--currently grossing $2900/month. Freshly painted and ready for immediate occupancy. Fantastic, versatile opportunity! , Please do not disturb occupants. Make offer subject to viewing after acceptance. Owner may carry 1st with significant down payment. Terms to be determined and agreed to. Left side tenants under new lease. Great tenants on right are on month-to-month and would love to stay. Gross income is based on current occupied rent.
  • Listed by: James Elliott 775.527.3476 jim@elliottgroupre.com • RE/MAX Professionals-Reno
  • Listed by: James Elliott 775.527.3476 jim@elliottgroupre.com • RE/MAX Professionals-Reno
Listing closed: 04/26/2021 12:00 AM • Source: NNRMLS, MLS#: 210000563

Recent comparable sales

Median sold price

$530,000

Avg days on market

76

Sale-to-list ratio

94.9%

Reno, NV

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Location

Listing Courtesy of RE/MAX Professionals-Reno, James Elliott, License #S.59872; RE/MAX Professionals-Reno, James Elliott, License #S.59872

Sold By Realty One Group Eminence, Alex Mendoza, License #S.183508

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Property Taxes

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Property Information for 440 Minerva Lane

Property Details
  • Taxes: $847 / year
  • MLS Type: Residential Income
  • County: Washoe County
  • Zoning: MF30
Building Information
  • Stories: 1
  • Residences: 2
  • Year Built: 1953
  • Lot Size: 0.19 AC / 8,276 SF
Summary
Location and General Information
  • Directions: University Terrace
  • Address:Parcel Number: 00720121
Taxes and HOA
  • Association Fee: $0
  • Tax Annual Amount: $847
  • Tax Legal:Tax Annual Amount: $847
  • Tax Legal:Special Assessments and Bonds Other Than CIC: 0.0
  • Tax Legal:Zoning: MF30
  • Tax Legal:Directions: University Terrace
  • AssociationCommunity:Number Of Buildings: 1.0
Parking
  • Attached Garage YN: No
  • Parking Features: Carport, Tandem
  • Parking Total: 2.0
  • Parking Information:Parking Total: 2.0
  • Parking Features:Carport: Yes
  • Parking Features:Tandem: Yes
Property
Lot Information
  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Size Square Feet: 8276.4
  • Lot Size Units: Acres
  • Water Source: Public
  • Building Area Total: 1414.0
  • Lot:Lot Size Acres: 0.19
  • Lot:Lot Size Square Feet: 8276.4
Property and Assessments
  • Parcel Number: 00720121
  • Possession: Subject To Tenant Rights
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Property Type: Residential Income
  • Year Built: 1953
  • Number Of Buildings: 1
  • Possession:Subject To Tenant Rights: Yes
  • Road Frontage Type:Public: Yes
  • Road Responsibility:Public Maintained Road: Yes
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Electric: True
  • Utilities:Cooling YN: Yes
  • Utilities:Heating YN: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Electricity 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: No
  • Meter Information:Separate Water Meters YN: Yes
  • Meter Information:Separate Water Heaters YN: No
  • 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, Wood Siding
  • Exterior Features: Balcony
  • Fencing: Full
  • Foundation Details: Crawl Space
  • Roof: Composition, Pitched, Shingle
  • Window Features: Blinds
  • Building:Number Of Units Total: 2.0
  • Building:Stories: 1.0
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:Balcony: Yes
  • Fencing:Full: Yes
  • Foundation Details:Crawl Space: Yes
  • Roof:Composition: Yes
  • Roof:Pitched: Yes
  • Roof:Shingle: Yes
  • Sprinklers:None: Yes
  • Window Features:Blinds: Yes
Interior Features
  • Cooling: Electric
  • Cooling YN: Yes
  • Flooring: Vinyl
  • Heating: Baseboard, Electric
  • Heating YN: Yes
  • Laundry Features: In Kitchen
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • Appliances: Refrigerator
  • Interior:Building Area Total: 1414.0
  • Interior:Building Area Source: Assessor
  • Cooling:Electric: Yes
  • Flooring:Vinyl: Yes
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes
  • Appliances:Refrigerator: Yes
  • Laundry Features:In Kitchen: Yes
Multi Family
Income & Expenses
  • Gross Scheduled Income: $34,800
  • Income and Expenses:Gross Scheduled Income: $34,800
Multi Family Information
  • Number Of Units Total: 2

Property History for 440 Minerva Lane

DateEvent & SourcePriceAppreciation
Apr 26, 2021

Sold

NNRMLS #210000563

$500,000—
Apr 13, 2021

Sold (Public Record)

Public Record #1459806039

$500,000

+10.5% / yr

Mar 4, 2021

Pending

NNRMLS #210000563

—
DateEvent & SourcePrice
04/26/2021

Sold

NNRMLS #210000563

$500,000
04/13/2021

Sold (Public Record)

Public Record #1459806039

$500,000

+10.5% / yr

03/04/2021

Pending

NNRMLS #210000563

—

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

Public Records for 440 Minerva Lane

Taxable ValueLand$47,439Additions$17,249Total$64,688
Tax Record2025$1,224 ($102 / month)
Home Facts
Baths2Total Finished SqFt1,414 SqFtAbove Grade Finished SqFt1,414 SqFtStories1Lot Size5,600 SqFtStyleDuplexYear Built1953ZoningMF30CountyWASHOEAPN007-201-21

Schools near 440 Minerva Lane

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
Marvin Picollo School
Public - PK to 12
Rating
School
Distance
Elmcrest Elementary School
PublicPK to 5

Archie Clayton Middle School
Public6 to 8

Reno High School
Public9 to 12

Marvin Picollo School
PublicPK to 12

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

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 440 Minerva Lane, Reno, NV 89503
$500,000
4
2
1,414
8,276
714 Ralston Street, Reno, NV 89503
$176,000
4
3
2,016
10,454
Minerva, Reno, NV 89503
$867,000
–
–
–
1,742
400 Minerva Lane, Unit 3, Reno, NV 89503
$400,000
5
3
2,940
12,632
716 Ralston Street, Reno, NV 89503
$189,000
–
2
800
10,000
424 University Terrace, Reno, NV 89503
$390,000
3
2,943
13,939

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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 RE/MAX Professionals-Reno, James Elliott, License #S.59872; RE/MAX Professionals-Reno, James Elliott, License #S.59872

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.