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385 Palace Dr; Reno, NV Property Details

385 Palace Dr, Reno, NV is a Single Family that was built in 1972. This property is currently a cash purchase and is not for sale. Our records show that 385 Palace Dr has 4 bedrooms, and 1.5 bathrooms, and a total of 1,452 square feet. The lot size of 385 Palace Dr is 8,973 square feet.

Off market
385 Palace Dr Reno, NV 89506
$285,000 Listing Price
4 Beds
1.5 Baths
1,452 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1972
  • Purchase Price: $285,000
  • Open Loans / Balance: 1 / $236,173
  • Est. Equity / %: $187,827 / 44.3%
  • Gross Yield: 6.088%
  • APN: 080-574-05
  • Situs County: Washoe
  • Length Of Ownership: 6 years, 4 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Wood Siding
  • Building Condition: Good
  • Building Quality: D
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,452/SqFt
  • Lot: 8,973/SqFt
  • Gross: 1,776/SqFt
  • Garage: 308/SqFt
  • Living: 1,452/SqFt
  • Building: 1,760/SqFt
  • Ground: 1,452/SqFt
  • Price Per Square Foot: $196.28

Legal Description

  • Description: LEMMON VALLEY EST UT 3 LT 5
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Washoe County School District
  • Lat / Lon: 39.641376 / -119.82926
  • Subdivision: Lemmon Valley Estates 3
  • Property Class: Residential
  • Zoning: MDS
  • County Use Code: 200

Amenities

  • Plus Four: 9699
  • Bathroom Fixtures: 8
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

385 Palace Dr has no associated ownership info
385 Palace Dr has no associated ownership info.

Taxes

385 Palace Dr has 10 associated Taxes items

385 Palace Dr, 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 $50,808. The APN we've located for 385 Palace Dr is 080-574-05.

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Taxes
  • Assessed Value:  $50,808
  • Assessed Year:  2026
  • Assessed County:  Washoe
  • APN:  080-574-05
  • Assessed Land Value:  30461
  • Market Land Value:  42390
  • Tax Amount:  778.74
  • Tax Year:  2025
  • Market Value:  89006
  • Market Year:  2021

Tax History

385 Palace Dr has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $50,808 Land Value $30,461 Improvement Value $20,347 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $50,079 Land Value $29,831 Improvement Value $20,249 Tax Amount $778.74 Change Rate -0.196206% Assessed CR Tax Rate +0.01555%
Year 2024 Assessed Value $45,004 Land Value $25,106 Improvement Value $19,898 Tax Amount $968.83 Change Rate +0.080283% Assessed CR Tax Rate +0.021528%
Year 2023 Assessed Value $42,959 Land Value $24,551 Improvement Value $18,408 Tax Amount $896.83 Change Rate +0.079725% Assessed CR Tax Rate +0.020876%
Year 2022 Assessed Value $37,216 Land Value $21,357 Improvement Value $15,859 Tax Amount $830.61 Change Rate +0.080665% Assessed CR Tax Rate +0.022319%
Year 2021 Assessed Value $31,153 Land Value $14,837 Improvement Value $16,316 Tax Amount $768.61 Change Rate +0.065383% Assessed CR Tax Rate +0.024672%
Year 2020 Assessed Value $32,717 Land Value $15,845 Improvement Value $16,872 Tax Amount $721.44 Change Rate +0.081911% Assessed CR Tax Rate +0.022051%
Year 2019 Assessed Value $32,615 Land Value $15,827 Improvement Value $16,788 Tax Amount $666.82 Change Rate +0.011882% Assessed CR Tax Rate +0.020445%
Year 2018 Assessed Value $27,193 Land Value $10,673 Improvement Value $16,520 Tax Amount $658.99 Change Rate +0.035741% Assessed CR Tax Rate +0.024234%
Year 2017 Assessed Value $27,045 Land Value $10,075 Improvement Value $16,970 Tax Amount $636.25 Change Rate +0.020809% Assessed CR Tax Rate +0.023526%
Year 2016 Assessed Value $25,517 Land Value $7,781 Improvement Value $17,736 Tax Amount $623.28 Change Rate +0.006963% Assessed CR Tax Rate +0.024426%
Year 2015 Assessed Value $24,206 Land Value $6,284 Improvement Value $17,922 Tax Amount $618.97 Change Rate -0.19808% Assessed CR Tax Rate +0.025571%
Year 2014 Assessed Value $21,458 Land Value $3,924 Improvement Value $17,534 Tax Amount $771.86 Change Rate Assessed CR Tax Rate +0.035971%
Year 2013 Assessed Value $18,006 Land Value $2,959 Improvement Value $15,047 Tax Amount Change Rate Assessed CR Tax Rate