Property valuation of W 2nd Street, Reno, NV: 344, 401, 441, 465, 490, 490, 500, 518, 525, 526 (tax assessments)


Listed properties vs overall distribution of properties in Reno, NV:

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344 W 2nd Street
    Reno, NV
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Owner: EL CORTEZ RENO HOLDINGS LLC
Appraised land value: $119,000 (it was $190,400 in 2010)
Appraised building value: $33,468 (it was $32,193 in 2010)
Total appraised value for property: $152,468 (it was $222,593 in 2010)

Special features and yard items:
  • Additive type: Flatwork Asphalt
    Cost: $31,361
    Square foot or number of units: 14,000
  • Additive type: Fence Chain Link 4 Ft
    Cost: $2,701
    Square foot or number of units: 340
  • Additive type: Fence Top Rail
    Cost: $514
    Square foot or number of units: 340
  • Additive type: Parking Lot Bumpers
    Cost: $481
    Square foot or number of units: 100
Water type: Municipal
Sewer type: Municipal
Street type: Paved
Land use: General Commercial: Retail, Mixed, Parking, School
Land area: 14,000 square feet
Assessments for tax year: 2015

Sales:
  • Sale date: 08/01/1985
    Price: $260,000
    Verification type: Good Conditional
  • Sale date: 08/07/2014
    Price: $2,175,000
    Verification type: Good Adjusted Multiple Parcel Sale
401 W 2nd Street
    Reno, NV
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Owner: UNIVERSITY OF NEVADA BOARD OF REGENTS
Appraised land value: $258,195 (it was $568,000 in 2010)
Appraised building value: $2,133,462 (it was $1,813,811 in 2010)
Total appraised value for property: $2,391,657 (it was $2,381,811 in 2010)

Buildings:
  • Building type: Classroom (College)
    Quality: Avg
    Original construction year: 1960
    Weighted average construction year: 1960
    Number of units: 2
    Number of stories: 2.00
    Exterior walls type: Concrete Blk
    Heating/cooling type: Hot/Chill Water
  • Building type: Storage Warehouse
    Quality: Low
    Original construction year: 1906
    Weighted average construction year: 1936
    Number of units: 2
    Number of stories: 2.00
    Exterior walls type: Brick Solid
    Heating/cooling type: Wall Furnace

Special features and yard items:
  • Additive type: Flatwork Asphalt
    Cost: $16,170
    Square foot or number of units: 19,700
  • Additive type: Mechanical Penthouse Low
    Cost: $15,240
    Square foot or number of units: 1,920
  • Additive type: Parking Lot Lighting
    Cost: $3,054
    Square foot or number of units: 19,700
  • Additive type: Yard Improvements
    Cost: $2,181
    Square foot or number of units: 6
  • Additive type: Flatwork Concrete
    Cost: $429
    Square foot or number of units: 288
  • Additive type: Wall Concrete Block
    Cost: $241
    Square foot or number of units: 70

Subarea information:
  • Sub-area type: Second Floor
    Area: 23,659 square feet
  • Sub-area type: First Floor
    Area: 22,789 square feet
  • Sub-area type: Basement Classroom - Commercial
    Area: 13,234 square feet
  • Sub-area type: First Floor
    Area: 3,268 square feet
  • Sub-area type: Dro Mezzanine Storage
    Area: 1,520 square feet
  • Sub-area type: Porch Concrete Slab
    Area: 297 square feet
  • Sub-area type: Porch Roof Wood
    Area: 297 square feet
Building area: 46,448 square feet
Water type: Municipal
Sewer type: Municipal
Street type: Paved
Land use: General Commercial: Retail, Mixed, Parking, School
Land area: 51,639 square feet
Assessments for tax year: 2015

Sales:
  • Sale date: 05/01/1982
    Price: $325,000
441 W 2nd Street
    Reno, NV
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Owner: DGB HOLDINGS LLC
Appraised land value: $210,000 (it was $210,000 in 2010)
Appraised building value: $261,880 (it was $245,583 in 2010)
Total appraised value for property: $471,880 (it was $455,583 in 2010)

Buildings:
  • Building type: Multiple Res (Low Rise)
    Quality: Low/Avg
    Original construction year: 1917
    Weighted average construction year: 1936
    Number of units: 20
    Number of stories: 2.00
    Exterior walls type: Brick W/Blk
    Heating/cooling type: Hot Water Radiant
    Number of bedrooms: 18
    Number of full bathrooms: 18
    Number of plumb fixtures: 72
  • Building type: Conversion
    Quality: Fair
    Original construction year: 1925
    Weighted average construction year: 1936
    Number of units: 20
    Number of stories: 2 Story
    Exterior walls type: Siding/Fr
    Roof type: Comp Shingle
    Heating/cooling type: Wall Furnace
    Number of bedrooms: 4
    Number of full bathrooms: 2
    Number of plumb fixtures: 10

Special features and yard items:
  • Additive type: Base Appliances Apt - Low/Avg
    Cost: $6,233
    Square foot or number of units: 18
  • Additive type: Sprinkler System Fire - Residential
    Cost: $4,160
    Square foot or number of units: 5,152
  • Additive type: Yard Improvements
    Cost: $1,454
    Square foot or number of units: 4
  • Additive type: Kitchen Manual
    Cost: $447
    Square foot or number of units: 1

Subarea information:
  • Sub-area type: Second Floor
    Area: 5,152 square feet
  • Sub-area type: Basement Dugout Unfinished - Residential
    Area: 5,152 square feet
  • Sub-area type: First Floor
    Area: 5,140 square feet
  • Sub-area type: First Floor
    Area: 1,257 square feet
  • Sub-area type: Second Floor
    Area: 1,027 square feet
  • Sub-area type: Ccp - Covered Concrete Porch
    Area: 233 square feet
  • Sub-area type: Porch Enclosed
    Area: 80 square feet
  • Sub-area type: Porch Enclosed
    Area: 36 square feet
  • Sub-area type: Porch Concrete Slab
    Area: 12 square feet
Building area: 10,292 square feet
Water type: Municipal
Sewer type: Municipal
Street type: Paved
Land use: Ten Or More Units
Land area: 10,062 square feet
Assessments for tax year: 2015

Sales:
  • Sale date: 12/01/1982
    Price: $350,000
  • Sale date: 03/01/1986
    Price: $365,000
    Verification type: Multiple Parcel Conditional (Mixed Use)
465 W 2nd Street
    Reno, NV
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Owner: NESTOR G & RAJASHRI P CURI
Appraised land value: $79,611 (it was $103,000 in 2010)
Appraised building value: $230,077 (it was $193,826 in 2010)
Total appraised value for property: $309,688 (it was $296,826 in 2010)

Buildings:
  • Building type: Motel
    Property name: 7-11 Motor Lod
    Quality: Avg
    Original construction year: 1960
    Weighted average construction year: 1960
    Number of units: 26
    Number of stories: 2.00
    Exterior walls type: Concrete Blk
    Heating/cooling type: Hot/Chill Water

Special features and yard items:
  • Additive type: Pool Gunite
    Cost: $7,263
    Square foot or number of units: 441
  • Additive type: Balcony Concrete
    Cost: $4,983
    Square foot or number of units: 1,054
  • Additive type: Flatwork Asphalt
    Cost: $3,852
    Square foot or number of units: 4,172
  • Additive type: Stairs Steel (Make Note In Sketch)
    Cost: $2,653
    Square foot or number of units: 4
  • Additive type: Yard Improvements
    Cost: $2,181
    Square foot or number of units: 6
  • Additive type: Breezeway Flat Roof
    Cost: $912
    Square foot or number of units: 207
  • Additive type: Kitchen Unit Low
    Cost: $560
    Square foot or number of units: 1
  • Additive type: Wall Concrete Block
    Cost: $379
    Square foot or number of units: 110

Subarea information:
  • Sub-area type: Second Floor
    Area: 3,452 square feet
  • Sub-area type: First Floor
    Area: 3,287 square feet
  • Sub-area type: Porch Concrete Slab
    Area: 1,054 square feet
  • Sub-area type: Porch Roof Wood
    Area: 830 square feet
Building area: 6,739 square feet
Water type: Municipal
Sewer type: Municipal
Street type: Paved
Land use: Commercial Hotel Or Motel
Land area: 9,366 square feet
Assessments for tax year: 2015

Sales:
  • Sale date: 08/01/1989
    Price: $865,000
    Verification type: Good Verified Sale
  • Sale date: 05/20/1992
    Price: $668,000
  • Sale date: 09/27/1993
    Price: $100,000
  • Sale date: 03/15/1994
    Price: $700,000
    Verification type: Multiple Parcel Conditional (Mixed Use)
  • Sale date: 08/29/2006
    Price: $606,424
    Verification type: Good - Adjusted
490 W 2nd Street
    Reno, NV
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Owner: 501 W 1ST STREET LLC
Appraised land value: $117,938 (it was $152,600 in 2010)
Appraised building value: $30,571 (it was $3,687 in 2010)
Total appraised value for property: $148,509 (it was $156,287 in 2010)

Special features and yard items:
  • Additive type: Flatwork Asphalt
    Cost: $28,164
    Square foot or number of units: 13,500
  • Additive type: Fence Chain Link 4 Ft
    Cost: $3,182
    Square foot or number of units: 430
  • Additive type: Fence Top Rail
    Cost: $606
    Square foot or number of units: 430
Water type: Municipal
Sewer type: Municipal
Street type: Paved
Land use: General Commercial: Retail, Mixed, Parking, School
Land area: 13,875 square feet
Assessments for tax year: 2015

Sales:
  • Sale date: 11/25/1992
    Price: $100,000
    Land use: Minor Imps: Wells, Septics, Outbldg.,Parking
    Verification type: Good Conditional
  • Sale date: 08/28/2003
    Price: $165,000
    Land use: Minor Imps: Wells, Septics, Outbldg.,Parking
    Verification type: Grantee-Grantor The Same
  • Sale date: 12/29/2004
    Price: $166,500
    Land use: Minor Imps: Wells, Septics, Outbldg.,Parking
    Verification type: Verified With Questionable Conditions
490 W 2nd Street
    Reno, NV
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Owner: EL CORTEZ RENO HOLDINGS LLC
Appraised land value: $60,563 (it was $78,400 in 2010)
Appraised building value: $13,093 (it was $10,456 in 2010)
Total appraised value for property: $73,656 (it was $88,856 in 2010)

Special features and yard items:
  • Additive type: Flatwork Asphalt
    Cost: $13,192
    Square foot or number of units: 7,000
Water type: Municipal
Sewer type: Municipal
Street type: Paved
Land use: Vacant, Commercial
Land area: 7,125 square feet
Assessments for tax year: 2015

Sales:
  • Sale date: 12/01/1986
    Price: $106,900
    Land use: Vacant, Other Or Unknown
    Verification type: Good Verified Sale
  • Sale date: 08/07/2014
    Price: $2,175,000
    Verification type: Good Adjusted Multiple Parcel Sale
500 W 2nd Street
    Reno, NV
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Owner: OMKAR GROUP LLC
Appraised land value: $51,000 (it was $66,000 in 2010)
Appraised building value: $75,383 (it was $52,166 in 2010)
Total appraised value for property: $126,383 (it was $118,166 in 2010)

Buildings:
  • Building type: Mini-Mart Convenience Store
    Quality: Low
    Original construction year: 1970
    Weighted average construction year: 1970
    Number of units: 1
    Number of stories: 1.00
    Exterior walls type: Concrete Blk
    Heating/cooling type: Package Unit

Special features and yard items:
  • Additive type: Flatwork Concrete
    Cost: $6,728
    Square foot or number of units: 4,560
  • Additive type: Parking Lot Lighting
    Cost: $876
    Square foot or number of units: 4,560

Subarea information:
  • Sub-area type: First Floor
    Area: 1,440 square feet
Building area: 1,440 square feet
Water type: Municipal
Sewer type: Municipal
Street type: Paved
Land use: General Commercial: Retail, Mixed, Parking, School
Land area: 6,000 square feet
Assessments for tax year: 2015

Sales:
  • Sale date: 06/01/1986
    Price: $132,000
    Verification type: Good Verified Sale
  • Sale date: 11/01/1987
    Price: $250,000
    Verification type: Good Verified Sale
  • Sale date: 01/01/1990
    Price: $207,897
  • Sale date: 11/12/2003
    Price: $340,000
    Verification type: Good Verified Sale
  • Sale date: 07/25/2005
    Price: $498,000
    Verification type: Good Verified Sale
  • Sale date: 09/13/2007
    Price: $640,000
    Verification type: Good Conditional
518 W 2nd Street
    Reno, NV
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Owner: WILLIAM W SIMONS TRUST
Appraised land value: $38,250 (it was $49,500 in 2010)
Appraised building value: $90,153 (it was $73,605 in 2010)
Total appraised value for property: $128,403 (it was $123,105 in 2010)

Buildings:
  • Building type: Conversion
    Property name: The Brown Stone
    Quality: Fair
    Original construction year: 1932
    Weighted average construction year: 1950
    Number of units: 4
    Number of stories: 2 Story
    Exterior walls type: Brick/Ms
    Roof type: Wood Shingle
    Heating/cooling type: Radiator, Hot Water Or Steam
    Number of bedrooms: 16
    Number of full bathrooms: 4
    Number of plumb fixtures: 18

Special features and yard items:
  • Additive type: Garage Detached
    Cost: $2,153
    Square foot or number of units: 220
  • Additive type: Fireplace Double 2 Story
    Cost: $1,341
    Square foot or number of units: 1
  • Additive type: Flatwork Asphalt
    Cost: $1,265
    Square foot or number of units: 1,254
  • Additive type: Yard Improvements
    Cost: $1,091
    Square foot or number of units: 3
  • Additive type: Fence Chain Link 6 Ft
    Cost: $849
    Square foot or number of units: 60
  • Additive type: Stairs Wood (Make Note In Sketch)
    Cost: $702
    Square foot or number of units: 2
  • Additive type: Fence Privacy Slats
    Cost: $516
    Square foot or number of units: 60
  • Additive type: Flatwork Concrete
    Cost: $334
    Square foot or number of units: 224
  • Additive type: Flatwork Brick
    Cost: $138
    Square foot or number of units: 48
  • Additive type: Fence Top Rail
    Cost: $112
    Square foot or number of units: 60

Subarea information:
  • Sub-area type: First Floor
    Area: 1,841 square feet
  • Sub-area type: Second Floor
    Area: 1,645 square feet
  • Sub-area type: Basement Dugout Unfinished - Residential
    Area: 1,645 square feet
  • Sub-area type: Wood Deck Wood
    Area: 196 square feet
  • Sub-area type: Porch Enclosed
    Area: 112 square feet
  • Sub-area type: Porch Roof Wood
    Area: 84 square feet
Building area: 3,486 square feet
Water type: Municipal
Sewer type: Municipal
Street type: Paved
Land use: Offices, Professional And Business, Banks, Etc.
Land area: 4,500 square feet
Assessments for tax year: 2015

Sales:
  • Sale date: 10/01/1976
    Price: $65,000
525 W 2nd Street
    Reno, NV
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Owner: CASTAWAY INN LP
Appraised land value: $189,151 (it was $244,800 in 2010)
Appraised building value: $398,397 (it was $337,071 in 2010)
Total appraised value for property: $587,548 (it was $581,871 in 2010)

Buildings:
  • Building type: Motel
    Property name: Cassaway Inn
    Quality: Avg/Abv Avg
    Original construction year: 1954
    Weighted average construction year: 1954
    Number of units: 46
    Number of stories: 2.00
    Exterior walls type: Concrete Blk
    Heating/cooling type: Wall Heat Pump

Special features and yard items:
  • Additive type: Kitchen Unit Low
    Cost: $24,629
    Square foot or number of units: 44
  • Additive type: Flatwork Asphalt
    Cost: $10,363
    Square foot or number of units: 12,000
  • Additive type: Yard Improvements
    Cost: $3,635
    Square foot or number of units: 10

Subarea information:
  • Sub-area type: Gross Building Area
    Area: 11,819 square feet
  • Sub-area type: Porch Pavers
    Area: 1,955 square feet
  • Sub-area type: Porch Roof Wood
    Area: 1,287 square feet
  • Sub-area type: Porch Stamped Concrete
    Area: 1,287 square feet
  • Sub-area type: Basement Unfinished - Commercial
    Area: 1,276 square feet
Building area: 11,819 square feet
Water type: Municipal
Sewer type: Municipal
Street type: Paved
Land use: Commercial Hotel Or Motel
Land area: 22,253 square feet
Assessments for tax year: 2015

Sales:
  • Sale date: 09/01/1982
    Price: $1,400,000
  • Sale date: 07/01/1985
    Price: $1,100,000
    Verification type: Good Verified Sale
  • Sale date: 12/01/1988
    Price: $1,037,500
    Verification type: Good Verified Sale
  • Sale date: 03/09/1995
    Price: $1,650,000
    Verification type: Good Conditional
  • Sale date: 06/30/2008
    Price: $1,559,774
    Verification type: Good - Adjusted
526 W 2nd Street
    Reno, NV
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Owner: BILL & BETSY WILLIAMS LIVING TRUST
Appraised land value: $59,500 (it was $77,000 in 2010)
Appraised building value: $82,765 (it was $69,450 in 2010)
Total appraised value for property: $142,265 (it was $146,450 in 2010)

Buildings:
  • Building type: Conversion
    Quality: Fair-Average
    Original construction year: 1940
    Weighted average construction year: 1947
    Number of units: 1
    Stories: Single Story
    Exterior walls type: Asph Shng/Fr
    Roof type: Comp Shingle
    Heating/cooling type: Forced Air With Central Air Conditioning
    Second heating/cooling type: Wall Furnace
    Number of full bathrooms: 4
    Number of plumb fixtures: 16
    Basement garage door: 1

Special features and yard items:
  • Additive type: Flatwork Concrete
    Cost: $3,577
    Square foot or number of units: 2,800
  • Additive type: Basement Finish Minimal
    Cost: $958
    Square foot or number of units: 528
  • Additive type: Yard Improvements
    Cost: $364
    Square foot or number of units: 1

Subarea information:
  • Sub-area type: First Floor
    Area: 3,083 square feet
  • Sub-area type: Basement Dugout Unfinished - Residential
    Area: 2,998 square feet
  • Sub-area type: Carport Flat Roof
    Area: 400 square feet
  • Sub-area type: Ccp - Covered Concrete Porch
    Area: 40 square feet
Building area: 3,083 square feet
Water type: Municipal
Sewer type: Municipal
Street type: Paved
Land use: Offices, Professional And Business, Banks, Etc.
Land area: 7,000 square feet
Assessments for tax year: 2015

Sales:
  • Sale date: 12/01/1973
    Price: $70,000
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