Prime development Opportunity in the heart of Midtown. Located in an Opportunity Zone, this turn key project is a permit ready fully designed and engineered modern mixed-use residential and retail property. Featuring (8) 2-level lofts, (1) ADA studio and 1840 SF of ground floor commercial space designed for a food & beverage business. This location offers a prime development opportunity. Investors will enjoy the area's eclectic mix of trendy eateries, art galleries, and unique retail shops.
Property Details
Property Features
Listing Office:
Office Name: Drakulich Commercial Partners
Listing Agent: William Jackson
Exterior Features
Exterior Information:
Exterior: None
Lot Features
Lot Information:
Lot: Level
Lot Size: 0.10 Acres
Other
Directions Information:
Directions: Arroyo
Price Information
Listing Price Info
Price Summary:
List Price: $750,000
HOA Fees:
Amount: $0
Frequency: Monthly
Tax Information:
Annual Amount: $1,368
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Northern Nevada Regional MLS. Real estate listings held by other brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information is supplied by seller and other third parties and has not been verified.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 8:21:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jan 20, 2017
Jan 20, 2017Home Sold
$375,000
Sep 16, 2005
Sep 16, 2005Home Sold
$260,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$1,368
$43,431
2019
$1,225
$37,865
2018
$1,170
$31,670
2017
$1,135
$30,654
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,811
Per Month
Principal & Interest
$3,744
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,315
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Veterans Memorial STEM Academy
1200 Locust St
Distance between this listing and this school0.35 miles
Public District Grades KG-5
9
/10
Mount Rose Elementary School
915 Lander St
Distance between this listing and this school0.61 miles
Public District Grades KG-5
3
/10
Libby C. Booth Elementary School
1450 Stewart St
Distance between this listing and this school0.88 miles
Public District Grades KG-5
Nearby Schools
3
/10
E. Otis Vaughn Middle School
1200 Bresson Ave
Distance between this listing and this school0.74 miles
Public District Grades 6-8
6
/10
Coral Academy Middle School
1350 E 9th St
Distance between this listing and this school1.92 miles
Public Charter Grades 5-8
3
/10
Fred W. Traner Middle School
1700 Carville Dr
Distance between this listing and this school2.19 miles
Public District Grades 6-8
Nearby Schools
5
/10
Reno High School
395 Booth St
Distance between this listing and this school1.26 miles
Public District Grades 9-12
4
/10
Earl Wooster High School
1331 E Plumb Ln
Distance between this listing and this school1.29 miles
Public Magnet Grades 9-12
1
/10
Innovations High School
777 W 2nd St
Distance between this listing and this school1.35 miles
The neighbors living near this home have an average income of $28,193. Typical income of Reno, NV residents is less than $35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1338 S Virginia St
What is the listing price of this property?
The listing price of 1338 S Virginia St property is $750,000.
What type of property is this?
The property 1338 S Virginia St is land located in Reno, Nevada, 89502.
Is this property for sale now?
Active Listing: 1338 S Virginia St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1,368 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on January 20, 2017 for $375,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1338 S Virginia St in Reno, NV and zip code 89502. This home sits on a 0.10 acre lot. It has been listed on Rocket Homes since September 01, 2024 and is currently priced at $750,000.
In November 2024, from all listings sold in Reno, NV there were more than 43 sold above asking price, over 131 sold below and more than 66 were sold right at the asked price. The inventory of homes for sale in Reno, NV between October 2024 and November 2024 decreased by 3.6%. Listings spent 90 days on the market in November 2024, and had a median list price of $573,827 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Copyright © 2024 Northern Nevada Regional MLS. All rights reserved. 
UFC
UFC
Pro Wrestling
Family Dollar
Burlington
Express/Express For Men
Burger King
Cicis Pizza
Popeyes
Buick
Pontiac
Dodge
Urban Contemporary
Jazz
News