5 months on rocket

400 Minerva Ln, Reno, NV, 89503

$950,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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400 Minerva Ln, Reno$950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingCarport
Year Built1949
HeatingNatural Gas
MLS #240006566
Lot Size0.44 Acres
StatusActive
(ACTIVE)

About 400 Minerva Ln

400 and 0 Minerva Ln are 2 concurrent lots, 0,286 and 0.149 respectively, with a duplex and studio currently sitting on it. Through reversion to acreage, the lot will total .435 acres. Zoned as MF-30, 13 3 story units can be developed. According to City of Reno Planning Dept, each can be up to 5 bed 5 bath units. Within a half mile to UNR, 2 miles from Renown Medical Center, and across 80from downtown, this property provides a fantastic demographic for this property type.

Property Details

Property Features

Property Information:

  • Year Built: 1949
  • Stories: 2

Listing Office:

  • Office Name: Stitser Properties
  • Office Phone: (775) 393-9881
  • Listing Agent: Colton Vines

Interior Features

Interior Information:

  • Appliances: Oven/Range
  • Flooring Type: Varies by Unit
  • Interior: Smoke Detector

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Carport

Lot Features

Lot Information:

  • Lot Size: 0.44 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas

Other

Directions Information:

  • Directions: University Terrace-Ralston-Minerva

Price Information

Listing Price Info

Price Summary:

  • List Price: $950,000

Tax Information:

  • Annual Amount: $2,598
  • Tax Year: 2020
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Housing Market Comparison

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

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Reno, NV

City

Med. Sold Price

$570.6K

Med. Price/SqFt

$323

Avg. Days On Market

78

# of Sold Homes

304

400 Minerva Ln vs Reno

171 DAYS ON ROCKET

+93 Days

$950,000

+$379.3K More

KEY TAKEAWAY

This property is $379.3K more than the Median Sold Price in Reno, NV.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #240006566

Listing Office:

  • Office Name: Stitser Properties
  • Office Phone: (775) 393-9881
  • Listing Agent: Colton Vines

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, 6:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 30, 2004Home Sold
$400,000
Apr 07, 2003Home Sold
$250,000
Jun 07, 2001Home Sold
$250,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,598$61,429
2019$1,383$53,903
2018$1,319$44,101
2017$1,266$41,754

History based on county public records data.

Payment Calculator

$4,809

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,915

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-746173
6
/10

  • Peavine Elementary School

  • 1601 Grandview Ave

  • 0.82 miles

  • Public District Grades KG-5

school-card-donut-746174
9
/10

  • Coral Academy Elementary School

  • 1701 Valley Rd

  • 0.99 miles

  • Public Charter Grades KG-4

school-card-donut-746175
6
/10

  • Dorothy Lemelson S.T.E.M. Academy Elementary School

  • 2001 Soaring Eagle Dr

  • 1.08 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,919. Typical income of Reno, NV residents is less than $35k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Nevada›Washoe County›Reno›89503›400 Minerva Ln

This home is located at 400 Minerva Ln in Reno, NV and zip code 89503 in the West University neighborhood. This home, which was built in 1949, sits on a 0.44 acre lot. It has been listed on Rocket Homes since May 31, 2024 and is currently priced at $950,000.

While more than 51 listings in Reno, NV in October 2024 were sold above asking price, there were more than 88 listings sold at asking price, and more than 165 were sold below. The number of homes for sale in Reno, NV increased by 1.9% between September 2024 and October 2024. In October 2024 median list price was $570,655 and the average listing age was 78 days.

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

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