2 months on rocket

315 Palace, Reno, NV, 89506

$404,000

Home List Price

$4,798*

Closing Credit

4 Bedrooms
1 Full Bath, 1 Partial
1,144 SqFt
$353/SqFt
House

Location

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315 Palace, Reno$404,000

Buyer Closing Credits

$4,798*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, RV Access/Parking
Attached Garage1 space
Year Built1971
HeatingNatural Gas, Forced Air
CoolingCentral Air
FireplaceYes, One, Gas Stove
MLS #240011446
Lot Size0.38 Acres
StatusActive
(Under Contract-Show)

About 315 Palace

Charming and meticulously maintained, this affordable starter or investment home sits in Lemmon Valley on a 0.38 ac lot. Interior boasts fresh new paint throughout interior and exterior, with new carpet. Convenience of a tankless hot water tank adds more value. Property is fully fenced, backing to open area offering privacy & tranquility. Included in sale is washer/dryer/refrigerator. RV access with a gate, ample space for storage, and expansion. Only minutes from Reno. Property may qualify for zero down.

Property Details

Property Features

Property Information:

  • Year Built: 1971
  • Stories: 1
  • Living Area: 1,144 SqFt

Listing Office:

  • Office Name: Ferrari-Lund Real Estate Reno
  • Office Phone: (775) 688-4000
  • Listing Agent: Karen Cornell

Interior Features

Interior Information:

  • Appliances: Dryer, Electric Range, Electric Oven, Refrigerator, Washer, Dishwasher, Disposal, Oven
  • Flooring Type: Carpet, Sheet Vinyl
  • Interior: Smoke Detector
  • Fireplace: Yes, One, Gas Stove

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Patio

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached, RV Access/Parking

Lot Features

Lot Information:

  • Lot: Level, Sprinklers
  • Lot Size: 0.38 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Patrician -R to Gremlin

Price Information

Listing Price Info

Price Summary:

  • List Price: $404,000
  • Price Per SqFt: $353/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Reno, NV.

Med. Sold Price

$570.6K

Med. Price/SqFt

$323

Avg. Days On Market

78

# of Sold Homes

304

315 Palace vs Reno

73 DAYS ON ROCKET

-5 Days

$404,000

-$166.6K Less

$353/SqFt

+$30 More

KEY TAKEAWAY

This property is $166.6K less than the Median Sold Price and $30/SqFt more than other homes in Reno, NV.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #240011446

Listing Office:

  • Office Name: Ferrari-Lund Real Estate Reno
  • Office Phone: (775) 688-4000
  • Listing Agent: Karen Cornell

IDX Copyright © 2024 Northern Nevada Regional MLS. All rights reserved.

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: 11/18/2024, 8:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,084

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,278

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.

Nearby Schools

school-card-donut-714999
3
/10
  • Lemmon Valley Elementary School

  • 225 W Patrician Dr

  • 0.50 miles

  • Public District Grades KG-5

school-card-donut-715000
5
/10
  • Alice L. Smith Elementary School

  • 1070 Beckwourth Dr

  • 2.52 miles

  • Public District Grades KG-5

school-card-donut-715001
4
/10
  • Desert Heights Elementary School

  • 13948 Mount Bismark St

  • 2.90 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,196. Most Reno, NV residents have annual incomes between $35k-100k. Most families are married, 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 315 Palace

What is the listing price of this property?

The listing price of 315 Palace property is $404,000.

What type of property is this?

The property 315 Palace is a house located in Reno, Nevada, 89506.

Is this property for sale now?

Active Listing: 315 Palace is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 315 Palace has 4 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 315 Palace is 1,144 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 315 Palace is 1971.

Rocket Homes›Nevada›Washoe County›Reno›89506›315 Palace

This home is located at 315 Palace in Reno, NV and zip code 89506. This 1,144 square foot home, which was built in 1971, sits on a 0.38 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 06, 2024 and is currently priced at $404,000.

In October 2024, from all listings sold in Reno, NV there were more than 51 sold above asking price, over 165 sold below and more than 88 were sold right at the asked price. The number of homes for sale in Reno, NV increased by 1.9% between September 2024 and October 2024. Listings spent 78 days on the market in October 2024, and had a median list price of $570,655 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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