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1961 Villa Way; Reno, NV Property Details

1961 Villa Way, Reno, NV is a Condominium that was built in 1979. This property is currently a cash purchase and is not for sale. Our records show that 1961 Villa Way has 2 bedrooms, and 2.5 bathrooms, and a total of 1,800 square feet. The lot size of 1961 Villa Way is 44 square feet.

Off market
1961 Villa Way S Reno, NV 89509
$525,000 Listing Price
2 Beds
2.5 Baths
1,800 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1979
  • Purchase Price: $525,000
  • Est. Equity / %: $546,000 / 100%
  • Gross Yield: 7.033%
  • APN: 023-531-13
  • Situs County: Washoe
  • Length Of Ownership: 5 years

Rooms

  • Bedrooms: 2
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Combination
  • Building Quality: B
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Municipal
  • Water Source: Municipal
  • Deck: true

Measurements

  • Total: 1,800/SqFt
  • Lot: 44/SqFt
  • Gross: 2,272/SqFt
  • Garage: 336/SqFt
  • Living: 1,800/SqFt
  • Building: 2,248/SqFt
  • Ground: 900/SqFt
  • Price Per Square Foot: $291.67

Legal Description

  • Description: VILLAS AT LAKERIDGE 3 LT 1961B
Building Insights

Land Information

  • Property Type: Condominium
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Washoe County School District
  • Lat / Lon: 39.478184 / -119.80934
  • Subdivision: Villas At Lakeridge 3
  • Property Class: Residential
  • Zoning: SF5
  • County Use Code: 210

Amenities

  • Plus Four: 5826
  • Bathroom Fixtures: 11
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 1

HOA

  • H O A One: $420
  • H O A Amount: $420
  • H O A One Frequency: Monthly
  • H O A One Name: Villas At Lakeridge Unit 3 Home Owners Association
  • H O A One Type: Condo Owner Association
  • H O A Two Name: Lakeridge Villas Association
  • H O A Two Type: Condo Owner Association

Ownership Info

1961 Villa Way S has no associated ownership info
1961 Villa Way S has no associated ownership info.

Taxes

1961 Villa Way S has 10 associated Taxes items

1961 Villa Way, Reno, NV pays taxes in Washoe County, NV. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $87,616. The APN we've located for 1961 Villa Way is 023-531-13.

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Taxes
  • Assessed Value:  $87,616
  • Assessed Year:  2026
  • Assessed County:  Washoe
  • APN:  023-531-13
  • Assessed Land Value:  51867
  • Market Land Value:  89280
  • Tax Amount:  2098.54
  • Tax Year:  2025
  • Market Value:  178451
  • Market Year:  2021

Tax History

1961 Villa Way S has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $87,616 Land Value $51,867 Improvement Value $35,750 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $88,719 Land Value $51,867 Improvement Value $36,853 Tax Amount $2,098.54 Change Rate -0.19203% Assessed CR Tax Rate +0.023654%
Year 2024 Assessed Value $85,826 Land Value $46,792 Improvement Value $39,034 Tax Amount $2,597.3 Change Rate +0.09116% Assessed CR Tax Rate +0.030262%
Year 2023 Assessed Value $83,772 Land Value $49,140 Improvement Value $34,632 Tax Amount $2,380.31 Change Rate +0.079623% Assessed CR Tax Rate +0.028414%
Year 2022 Assessed Value $72,132 Land Value $41,580 Improvement Value $30,552 Tax Amount $2,204.76 Change Rate +0.080066% Assessed CR Tax Rate +0.030566%
Year 2021 Assessed Value $62,458 Land Value $31,248 Improvement Value $31,210 Tax Amount $2,041.32 Change Rate +0.065251% Assessed CR Tax Rate +0.032683%
Year 2020 Assessed Value $62,561 Land Value $30,503 Improvement Value $32,058 Tax Amount $1,916.28 Change Rate +0.0873% Assessed CR Tax Rate +0.030631%
Year 2019 Assessed Value $59,013 Land Value $26,723 Improvement Value $32,290 Tax Amount $1,762.42 Change Rate +0.012524% Assessed CR Tax Rate +0.029865%
Year 2018 Assessed Value $50,533 Land Value $18,410 Improvement Value $32,123 Tax Amount $1,740.62 Change Rate +0.045568% Assessed CR Tax Rate +0.034445%
Year 2017 Assessed Value $50,814 Land Value $18,410 Improvement Value $32,404 Tax Amount $1,664.76 Change Rate -0.297626% Assessed CR Tax Rate +0.032762%
Year 2016 Assessed Value $51,601 Land Value $18,445 Improvement Value $33,156 Tax Amount $2,370.19 Change Rate +0.023721% Assessed CR Tax Rate +0.045933%
Year 2015 Assessed Value $47,436 Land Value $12,950 Improvement Value $34,486 Tax Amount $2,315.27 Change Rate +0.05696% Assessed CR Tax Rate +0.048808%
Year 2014 Assessed Value $43,050 Land Value $9,800 Improvement Value $33,250 Tax Amount $2,190.5 Change Rate Assessed CR Tax Rate +0.050883%
Year 2013 Assessed Value $42,137 Land Value $8,925 Improvement Value $33,212 Tax Amount Change Rate Assessed CR Tax Rate