Sold
Last Sold Price
4 beds2 baths1,420 sqft$430/sqft
624 Thoma St, Reno, NV 89502
Multi FamilyProperty Type
6,969 sq ftLot Size
1959Year Built
$430/sq ftPrice per sq ft
3 carsParking Spaces

Description

Rare opportunity to purchase two single family homes on one parcel near Midtown. Great for purchasers who want to live in one and rent out the other. Both homes have brand new roofs (2023). Main home has been attractively remodeled with wood floors and new interior and exterior paint. The renovated kitchen features stainless steel appliances, tile backsplash, butcher-block counters, and new Shaker cabinetry with lots of sliding shelves. The backyard is spacious with a large chicken coop and garden...Rare opportunity to purchase two single family homes on one parcel near Midtown. Great for purchasers who want to live in one and rent out the other. Both homes have brand new roofs (2023). Main home has been attractively remodeled with wood floors and new interior and exterior paint. The renovated kitchen features stainless steel appliances, tile backsplash, butcher-block counters, and new Shaker cabinetry with lots of sliding shelves. The backyard is spacious with a large chicken coop and garden boxes., Remodeled bathroom in main unit with floor-to-ceiling tile shower. Large storage garage with washer and dryer and long driveway with carport. Lutron light switches in the home. 626 Thoma is a cute one-bedroom unit with its own parking space. It also has a new roof, freshly cleaned carpet, and new interior and exterior paint. Electrical panels for both homes are on breakers. Homes have great proximity to Midtown, Renown Medical Center, and the VA Medical Center. Close to restaurants, coffee shops, taverns, and entertainment. Enjoy Nevada's tax advantages and be close to the Sierra Nevada range and Lake Tahoe. Water and sewer are not split and were paid in full by owner. Electric and gas are on split meters. Waste was split, but owner covered cost of waste for both units.
  • Listed by: Kenneth Lund 775.870.6332 kenlund@ferrari-lund.com • Ferrari-Lund Real Estate South
  • Listed by: Alicia Lund 775.870.6332 sold@kenandalicialund.com • Ferrari-Lund Real Estate South
Listing closed: 11/27/2023 12:00 AM • Source: NNRMLS, MLS#: 230011981

Recent comparable sales

Median sold price

$535,000

Avg days on market

77

Sale-to-list ratio

96.7%

Reno, NV

9 comparable properties found

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Location

Listing Courtesy of Ferrari-Lund Real Estate South, Kenneth Lund, License #BS.144762; Ferrari-Lund Real Estate South, Alicia Lund, License #BS.144930

Sold By LPT Realty, LLC, Anthony LaRocca, License #S.199533

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$3,194 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,101

Property Taxes

$94

HOA Dues

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Property Information for 624 Thoma Street

Property Details
  • Taxes: $1,127 / year
  • MLS Type: Residential Income / Duplex
  • Zoning: MF14
Building Information
  • Stories: 1
  • Residences: 2
  • Year Built: 1959
  • Lot Size: 0.16 AC / 6,969 SF
Summary
Location and General Information
  • Directions: Ryland/Kirman/Thoma
  • Address:Parcel Number: 01312305
Taxes and HOA
  • Association Fee: $0
  • Tax Annual Amount: $1,127
  • Tax Legal:Elementary School: Booth
  • Tax Legal:Middle Or Junior School: Vaughn
  • Tax Legal:High School: Wooster
  • Tax Legal:Tax Annual Amount: $1,127
  • Tax Legal:Special Assessments and Bonds Other Than CIC: 0.0
  • Tax Legal:Additional Parcels Description: 2 SFR on 1 APN
  • Tax Legal:Zoning: MF14
  • Tax Legal:Directions: Ryland/Kirman/Thoma
  • AssociationCommunity:Number Of Buildings: 2.0
Parking
  • Attached Garage YN: No
  • Parking Features: Carport, Varies by Unit
  • Parking Total: 3.0
  • Parking Information:Parking Total: 3.0
  • Parking Features:Carport: Yes
  • Parking Features:Varies by Unit: Yes
School Information
  • Elementary School: Booth
  • High School: Wooster
  • Middle Or Junior School: Vaughn
Virtual Tour
Property
Lot Information
  • Lot Features: Landscaped, Sprinklers In Front, Sprinklers In Rear, Other
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Square Feet: 6969.6
  • Lot Size Units: Acres
  • Water Source: Public
  • Building Area Total: 1420.0
  • Lot:Lot Size Acres: 0.16
  • Lot:Lot Size Square Feet: 6969.6
  • Lot Features:Landscaped: Yes
  • Lot Features:Sprinklers In Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Lot Features:Other: Yes
Property and Assessments
  • Parcel Number: 01312305
  • Possession: Close Of Escrow
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Property Type: Residential Income
  • Year Built: 1959
  • Property Sub Type: Duplex
  • 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, Phone Available, Sewer Available, Water Available, Cellular Coverage, Water Meter Installed
  • Utilities:Cooling YN: Yes
  • Utilities:Heating YN: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities:Internet Available: Yes
  • Utilities:Natural Gas Available: Yes
  • Utilities:Phone Available: Yes
  • Utilities:Sewer Available: Yes
  • Utilities:Water Available: Yes
  • Utilities:Cellular Coverage: Yes
  • Utilities:Water Meter Installed: Yes
  • Sewer:Public Sewer: Yes
  • Water Heater:Gas: 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: 1
  • Construction Materials: Asbestos, Frame
  • Fencing: Back Yard
  • Foundation Details: Crawl Space
  • Other Structures: Shed(s), Storage
  • Roof: Composition, Pitched, Shingle
  • Security Features: Smoke Detector(s)
  • Window Features: Blinds, Double Pane Windows, Vinyl Frames
  • Building:Number Of Units Total: 2.0
  • Building:Stories: 1.0
  • Construction Materials:Asbestos: Yes
  • Construction Materials:Frame: Yes
  • Fencing:Back Yard: Yes
  • Foundation Details:Crawl Space: Yes
  • Other Structures:Shed(s): Yes
  • Other Structures:Storage: Yes
  • Roof:Composition: Yes
  • Roof:Pitched: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Sprinklers:Drip System: Yes
  • Sprinklers:Front: Yes
  • Sprinklers:Rear: Yes
  • Window Features:Blinds: Yes
  • Window Features:Double Pane Windows: Yes
  • Window Features:Vinyl Frames: Yes
Interior Features
  • Cooling: Central Air, Refrigerated, Varies By Unit
  • Cooling YN: Yes
  • Flooring: Carpet, Varies, Vinyl, Wood
  • Heating: Geothermal, Heat Pump, Natural Gas, Varies By Unit
  • Heating YN: Yes
  • Laundry Features: In Garage, In Kitchen, Varies By Unit
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • Appliances: Oven, Dishwasher, Disposal, Dryer, Gas Range, Refrigerator, Washer
  • Interior:Building Area Total: 1420.0
  • Interior:Building Area Source: Assessor
  • Cooling:Central Air: Yes
  • Cooling:Refrigerated: Yes
  • Cooling:Varies By Unit: Yes
  • Flooring:Carpet: Yes
  • Flooring:Varies: Yes
  • Flooring:Vinyl: Yes
  • Flooring:Wood: Yes
  • Heating:Geothermal: Yes
  • Heating:Heat Pump: Yes
  • Heating:Natural Gas: Yes
  • Heating:Varies By Unit: Yes
  • Appliances:Dishwasher: Yes
  • Appliances:Disposal: Yes
  • Appliances:Dryer: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Oven: Yes
  • Appliances:Refrigerator: Yes
  • Appliances:Washer: Yes
  • Laundry Features:In Garage: Yes
  • Laundry Features:In Kitchen: Yes
  • Laundry Features:Varies By Unit: Yes
Multi Family
Income & Expenses
  • Total Annual Operating Expenses: $4,782
  • Gross Scheduled Income: $37,800
  • Net Operating Income: $31,128
  • Income and Expenses:Income Info Withheld YN: No
  • Income and Expenses:Annual Debt Service: 0.0
  • Income and Expenses:Annual Income & Expenses: Pro Forma
  • Income and Expenses:Gross Scheduled Income: $37,800
  • Income and Expenses:Net Operating Income: $31,128
  • Income and Expenses:Total Annual Expenses: $4,782
  • Income and Expenses:Vacancy Allowance: $1,890
Multi Family Information
  • Number Of Units Total: 2
Rental
Rent Information
  • Tenant Pays: All Utilities
  • Tenant Pays:All Utilities: Yes

Property History for 624 Thoma Street

DateEvent & SourcePriceAppreciation
Nov 27, 2023

Sold

NNRMLS #230011981

$610,000
Nov 20, 2023

Sold (Public Record)

Public Record #1523158639

$610,000
Oct 25, 2023

Pending

NNRMLS #230011981

DateEvent & SourcePrice
11/27/2023

Sold

NNRMLS #230011981

$610,000
11/20/2023

Sold (Public Record)

Public Record #1523158639

$610,000
10/25/2023

Pending

NNRMLS #230011981

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

Public Records for 624 Thoma Street

Taxable ValueLand$55,195Additions$19,527Total$74,722
Tax Record2025$1,189 ($99 / month)
Home Facts
Baths2Total Finished SqFt900 SqFtAbove Grade Finished SqFt900 SqFtStories1Lot Size7,013 SqFtStyleDuplexYear Built1959ZoningMF14CountyWASHOEAPN013-123-05

Schools near 624 Thoma Street

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
Public - PK to 12
Rating
School
Distance
Libby C Booth Elementary School
PublicPK to 5

E Otis Vaughn Middle School
Public6 to 8

Earl Wooster 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: 624 Thoma Street, Reno, NV 89502
$610,000
4
2
1,420
6,969
1
1
816
3,819
1
1
600
3,173
$268,000
2
1,086
3,484
$177,100
2
1,037
3,484
$450,000
2
1,016
3,484

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 Ferrari-Lund Real Estate South, Kenneth Lund, License #BS.144762; Ferrari-Lund Real Estate South, Alicia Lund, License #BS.144930

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.