7 months on rocket

521 Lake St, Reno, NV, 89501

$950,000

0.32 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
ViewCity
MLS #240006643
Lot Size0.32 Acres
StatusActive
(ACTIVE)

About 521 Lake St

Located in downtown Reno in the path of UNR expansion you will find this level lot with one of the most flexible zonings (mu-ed) that allows for -maximum density and a wide variety of allowed uses. Sale is for 2 lots, APN (007-501-04 & 007-501-05). Status of all utilities at site or available is unclear.

Property Details

Property Features

Listing Office:

  • Office Name: Blue Sierra Realty
  • Office Phone: (775) 720-4677
  • Listing Agent: Chris DeMay

Exterior Features

Exterior Information:

  • View: City
  • Exterior: None

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.32 Acres

Other

Directions Information:

  • Directions: Lake and 5th Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $950,000

HOA Fees:

  • Amount: $0
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,891
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$575K

Med. Price/SqFt

$328

Avg. Days On Market

92

# of Sold Homes

277

521 Lake St vs Reno

221 DAYS ON ROCKET

+129 Days

$950,000

+$374.9K More

KEY TAKEAWAY

This property is $374.9K more than the Median Sold Price in Reno, NV.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #240006643

Listing Office:

  • Office Name: Blue Sierra Realty
  • Office Phone: (775) 720-4677
  • Listing Agent: Chris DeMay

IDX Copyright © 2025 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: 1/8/2025, 3:21:02 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

Jun 15, 2006Home Sold
$996,500

Tax History

YEARPROP. TAXASSESSMENT
2020$1,891$45,722
2019$1,716$45,722
2018$1,617$40,823
2017$1,557$39,190

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-1083389
9
/10
  • Coral Academy Elementary School

  • 1701 Valley Rd

  • 0.83 miles

  • Public Charter Grades KG-4

school-card-donut-1083390
6
/10
  • Dorothy Lemelson S.T.E.M. Academy Elementary School

  • 2001 Soaring Eagle Dr

  • 0.97 miles

  • Public District Grades KG-5

school-card-donut-1083391
3
/10
  • Glenn Duncan STEM Academy

  • 1200 Montello St

  • 1.14 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,874. Typical income of Reno, NV residents is less than $35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 521 Lake St

What is the listing price of this property?

The listing price of 521 Lake St property is $950,000.

What type of property is this?

The property 521 Lake St is land located in Reno, Nevada, 89501.

Is this property for sale now?

Active Listing: 521 Lake 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 $1,891 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 15, 2006 for $996,500. (source: MLS/tax record).

How much acreage is this property?

The property 521 Lake St is 0.32 acres.
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Rocket HomesNevadaWashoe CountyReno89501521 Lake St

This home is located at 521 Lake St in Reno, NV and zip code 89501 in the Downtown Reno Regional Center neighborhood. This home sits on a 0.32 acre lot. It has been listed on Rocket Homes since May 31, 2024 and is currently priced at $950,000.

Reno, NV housing market in December 2024 saw over 44 listings sold above listed price, more than 71 sold at listed price and over 162 sold below. Between November 2024 and December 2024, Reno, NV real estate market has seen decrease in the number of listings by 6.2%. While the average time on the market in December 2024 was 92 days, the median list price was $575,035.

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

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