1931 Valley Rd, Reno, NV 89512
OFF MARKET

1931 Valley Rd
Reno, NV 89512

East University
  • 5 Beds
  • 3 Baths
  • 1,975 sqft
  • 5 Beds
  • 3 Baths
  • 1,975 sqft

Homes for Sale Near 1931 Valley Rd

Local Information

map showing home location
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-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from September 23, 2021
A nice shady setting with mature trees is a two bedroom home and duplex on a corner lot. The house has a large front yard and a dog run in rear. The property is fenced and there is a two car garage. Improvements include new breaker panel, recent water heater replacement and a sewer line to the street replaced from the duplex backyard. 2 new stoves in the duplex were recently replaced. There is a bus line close by and only blocks from University of Nevada at Reno. Rents are well below market. There are 61 designated opportunity zones in Nevada. https:/opportunitydb.com/location/nevada is the site for a great map for designated areas. Tax incentive created end of 2017 for development in lower income areas. Tax deferral, reduction of taxes..www.diversitynevada.comprograms/opportunity zones. (Ozones) It is a capital gains deferment program for economically distressed and or/ lower income areas to encourage economic and community development in these areas. Dept. of Business and Industry, State of NV.gov for more information. Property consists of a 2 bedroom house and a duplex with a 1 bedroom on 1 side and a 2 bedroom on the other side.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
160 days ago

Home Details for 1931 Valley Rd

Active Status

MLS Status: SOLD

Interior Features

Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 3
Dimensions and Layout
Living Area: 1975 Square Feet
Appliances & Utilities
Utilities: Cable Connected, Water Connected, Electricity Connected, Natural Gas Connected, Internet Available, Cellular Coverage Avail, Separate Meters-WaterAppliances: Refrigerator, Oven/Range, Washer, DryerDryerLaundry: SeparateRefrigeratorWasher
Heating & Cooling
Heating: Natural Gas,Wall FurnaceAir Conditioning: Separate Water Heaters,Separate Heating/CoolingHeating Fuel: Natural Gas
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Separate Meters-ElectricHas Electric on Property
Windows, Doors, Floors & Walls
Window: Blinds/Shades, Drapes/Curtains, Metal Frame, Single Pane, Wood FramesFlooring: Carpet, Vinyl Tile
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Carpet, Vinyl Tile
Security
Security: Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: Asphalt Composition ShingleFencing: Full, Varies Per UnitFoundation: Concrete/Crawl Space
Parking & Garage
No CarportHas a GarageNo Attached GarageParking Spaces: 7Parking: Garage,Detached,Common
Frontage
Responsible for Road Maintenance: Public Maintained Road
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1940
Property Type / Style
Property Type: Residential Income
Building
Construction Materials: Stucco, Wood Frame
Property Information
Parcel Number: 00704007

Price & Status

Price
List Price: $669,000
Status Change & Dates
Off Market Date: Wed Sep 15 2021Possession Timing: Close Of Escrow

Location

Direction & Address
City: RenoCommunity: NV

Community

Community Features: BBQ/Picnic Area

Lot Information

Lot Area: 7405.2 sqft

Listing Info

Special Conditions: Standard

Business

Expense
Tenant Pays: All Utilities

Rental

Owner Pays: All Utilities

Miscellaneous

Mls Number: 210006309

Additional Information

BBQ/Picnic Area
Last check for updates: 1 day ago
Listed by Jeanne Wiest BS.9204, (775) 721-3706
Trans-Action Realty 500
Bought with: Robert Hughes B.144689, (775) 830-7647, PMI Reno
Source: NNRMLS, MLS#210006309

Price History for 1931 Valley Rd

DatePriceEventSource
09/15/2021$640,000Sold
NNRMLS #210006309
07/23/2021$669,000PendingNNRMLS #210006309
06/25/2021$669,000PriceChange
NNRMLS #210006309
05/09/2021$715,000Listed For SaleNNRMLS #210006309

Property Taxes and Assessment

Year2024
Tax$880
Assessment$206,547
Home facts updated by county records

Comparable Sales for 1931 Valley Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.23
Multi-Family Home
$515,000
05/05/23
5
2
2,019
0.18
Multi-Family Home
$750,000
01/17/24
8
4
2,966
0.22
Multi-Family Home
$370,000
09/29/23
4
1
1,557
0.59
Multi-Family Home
$580,000
06/23/23
3
3
2,437
0.75
Multi-Family Home
$400,000
09/15/23
4
3
1,640
0.77
Multi-Family Home
$535,000
05/05/23
6
2
2,604
0.77
Multi-Family Home
$400,000
09/15/23
6
2
2,032

Assigned Schools

These are the assigned schools for 1931 Valley Rd.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

What Locals Say about East University

  • Sarah W.
    "Very close to UNR. Grocery stores 10 minutes in each direction. Can get to downtown in about 10 minutes or less. Little to no traffic. "
    6
    Flag
  • Abbey A. C.
    "These neighborhoods aren’t the best for kids. It is a bit on the under privileged side and no one really takes care of their years let alone the neighborhood."
    5
    Flag
  • TJ A. R.
    "Very nice home in an ok area but the areas in the world are what you make of them! Everyone has the ability to create there own wonderland so get it while it’s hot!"
    2
    Flag
  • Annette B.
    "I used to live here and really loved the area. Shopping and Restaurants are close and the Bus stops in front of the development of Quail Run."
    4
    Flag

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Homes for Rent Near 1931 Valley Rd

Off Market Homes Near 1931 Valley Rd

1931 Valley Rd, Reno, NV 89512 is a 5 bedroom, 3 bathroom, 1,975 sqft multi-family built in 1940. 1931 Valley Rd is located in East University, Reno. This property is not currently available for sale. 1931 Valley Rd was last sold on Sep 15, 2021 for $640,000 (4% lower than the asking price of $669,000).