950 Watt Street

Sold 8/1/18
Sold 8/1/18
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Sold
Last Sold Price
$1,100,000
6 beds4,992 sqft$220/sqft
950 Watt St, Reno, NV 89509
Multi FamilyProperty Type
6,098 sq ftLot Size
1945Year Built
$220/sq ftPrice per sq ft
12 carsParking Spaces

Description

Midtown, large units with garages rare for the area make these units easy to rent. The property is in very good shape and shows pride of ownership. Old charm with modern upgrades including dual pane windows keep the utility costs low. The property is heated with a common oil furnace. The tenants pay their own electric bill. Each unit has it's separate air conditioner. The onsite laundry adds to the income and is convenient for the tenants.Midtown, large units with garages rare for the area make these units easy to rent. The property is in very good shape and shows pride of ownership. Old charm with modern upgrades including dual pane windows keep the utility costs low. The property is heated with a common oil furnace. The tenants pay their own electric bill. Each unit has it's separate air conditioner. The onsite laundry adds to the income and is convenient for the tenants.
  • Listed by: David Larson • DL Realty
Listing closed: 07/31/2018 05:00 PM • Source: NNRMLS, MLS#: 180005714

Recent comparable sales

Median sold price

$850,000

Avg days on market

134

Sale-to-list ratio

92.8%

Reno, NV

9 comparable properties found

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531 Mill Street, Reno, NV 89502

$2,590,000 | 635 Plumas Street, Reno, NV 89509
1/17
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635 Plumas Street, Reno, NV 89509

a view of a house with a yard and garden
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120 Martin Street, Reno, NV 89509

a front view of a house with garden and trees
1/40
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1141 Seminary Avenue, Reno, NV 89503

$710,000 | 801 Washington Street, Reno, NV 89503
1/27
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a view of street with parked cars
1/13
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Location

Listing Courtesy of DL Realty, David Larson, License #1588

Sold By DL Realty, David Larson, License #1588

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$5,762 per month

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Principal and Interest

$5,591

Property Taxes

$170

HOA Dues

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Property Information for 950 Watt Street

Property Details
  • Taxes: $2,045 / year
  • MLS Type: Multi-Family / Apartment Building (up to 8 Units)
  • County: Washoe County
  • Zoning Actual: MUSV
  • Total Parking Capacity: 12
Building Information
  • Stories: 2
  • Year Built: 1945
  • Lot Size: 0.14 AC / 6,098 SF
Summary
Location and General Information
  • Area: Reno-Old Southwest
  • Zip: 89509
  • Geo Latitude: 39.514584
  • Geo Longitude: -119.810025
  • Geo Quality: 0.95
  • Geo Zoom Level: 14.0
  • Geo Address Line: 950 Watt St
  • Geo Primary City: Reno
  • Geo Subdivision: NV
  • Geo Postal Code: 89509
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Address: 950 Watt Street
  • County: Washoe
  • Xstreet/Directions: The SE corner of Watt and Martin
  • Source of Zoning: Assessor
Taxes and HOA Information
  • CC/R Restrictions: No
  • Sliding Scale: No
  • Taxes $: $2,045.00
Parking
  • Parking Capacity per Unit: 2
  • Parking Types: Attached, Garage, Under
Property
Lot Information
  • Class: Multi-Family
  • Type: Multi-Family
  • Source of SqFt: Assessor
  • Year Built: 1945.0
  • Acreage: 0.14
  • Type of Property: Apartment Building (up to 8 Units)
  • Parcel #: 01406101
  • ZG – Green Feature: Double Pane Windows
  • Complex Name: The Gilbert
  • Gross Square Footage: 4992.0
Property and Assessments
  • Documents On File: Rental/Leases
  • ADA Compliant: No
  • APOD Available: Yes
  • Tax Database ID: 5
  • Tax Property ID: 01406101
  • Construction: Wood Frame
  • Assessment $: $.00
  • Associated Document Count: 0
  • LVT Date: 05-02-2018
Utilities
  • Individually Metered: Yes
Interior and Exterior Features
Interior Features
  • Heating/Cooling: Oil
  • Water Heater: Electric
  • Windows: Double Pane
  • Facility Features: Separate Meters-Electric
  • Common Features: Alley Access
  • Unit Features: Smoke Detector
  • Appliances: Oven/Range, Refrigerator
  • Laundry: Common, Garage, Separate
  • Flooring: Carpet, Sheet Vinyl
  • Green Features: None
Exterior Features
  • Foundation: Concrete Slab
  • Exterior: Vinyl Siding
  • Roof: Composition/Shingle, Pitched
  • Utilities: Cable, City Sewer, City/County Water, Electricity
  • Landscaped: Partially Landscaped
  • Sprinklers: Drip-Front
  • Fenced: Back
Room
  • Studio - # Baths: 0
  • 1 Bedroom - # Baths: 1
  • 1 Bedroom - # Units: 6
  • 1 Bedroom - SqFt/Unit: 0
  • 1 Bedroom - Avg Rent/Unit: 900
  • 2 Bedroom - # Baths: 0
  • 2 Bedroom - # Units: 0
  • 2 Bedroom - SqFt/Unit: 0
  • 2 Bedroom - Avg Rent/Unit: 0
  • 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 Income & Expenses: Pro Forma
Agent
Showing and Remarks
  • Days to Contract: 58
  • Showing Instructions: Drive By
Sale and Listing
  • Sale/Rent: For Sale
  • DOM: 91
  • DOMLS: 91
  • Cumulative DOM: 91
  • Cumulative DOMLS: 91
  • Possession: COE
  • Sale/Lease: For Sale
  • Contact Name: David Larson
  • Contact Phone: 775 762-5418
Rental
Rent Information
  • Current Lease: Leases

Property History for 950 Watt Street

DateEvent & SourcePriceAppreciation
Jul 31, 2018

Sold

NNRMLS #180005714

$1,100,000—
Jul 30, 2018

Sold (Public Record)

Public Record #627796262

$1,100,000—
Jul 16, 2018

Pending

NNRMLS #180005714

—
DateEvent & SourcePrice
07/31/2018

Sold

NNRMLS #180005714

$1,100,000
07/30/2018

Sold (Public Record)

Public Record #627796262

$1,100,000
07/16/2018

Pending

NNRMLS #180005714

—

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

Public Records for 950 Watt Street

Taxable ValueLand$113,750Additions$53,729Total$167,479
Tax Record2025$1,618 ($135 / month)
Home Facts
Baths6Total Finished SqFt4,992 SqFtAbove Grade Finished SqFt4,992 SqFtStories2Lot Size5,968 SqFtStyleMulti-Family Dwelling (2-4)Year Built1945Year Renovated1964ZoningMU-MCCountyWASHOEAPN014-061-01

Schools near 950 Watt Street

This home is within Washoe County School District.
Rating
School
Type
Grades
Distance
Mount Rose Elementary School
Public - K to 8
Darrell C Swope Middle School
Public - 6 to 8
Reno High School
Public - 9 to 12
Washoe Innovations Academy
Public - PK to 12
Rating
School
Distance
Mount Rose Elementary School
PublicK to 8

Darrell C Swope Middle School
Public6 to 8

Reno High School
Public9 to 12

Washoe Innovations Academy
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: 950 Watt Street, Reno, NV 89509
$1,100,000
6
4,992
6,098
170 172/ Martin, Reno, NV 89509
$402,000
5
3
1,920
2,613
170 Martin Street, Reno, NV 89509
$115,000
–
1
720
5,968
130 Martin Street, Unit A & B, Reno, NV 89509
$267,000
3
2
1,840
6,098
130 Martin Street, Reno, NV 89509
$145,000
2
920
6,098
949 Watt Street, Reno, NV 89509
$500,000
3
1,193
3,888

Explore Nearby Homes

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Listing Courtesy of DL Realty, David Larson, License #1588

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.