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488 W 5th St; Reno, NV Property Details

488 W 5th St, Reno, NV is a Commercial Vacant Land that was built in 1925. This property is currently a cash purchase and is not for sale. Our records show that 488 W 5th St has 9 bedrooms, and a total of 2,562 square feet. The lot size of 488 W 5th St is 4,487 square feet.

Off market
488 W 5th St Reno, NV 89503
$41,468 Estimated Value
9 Beds
2,562 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1925
  • Purchase Price: $310,000
  • Open Loans / Balance: 1 / $94,021,608
  • APN: 007-281-01
  • Situs County: Washoe
  • Length Of Ownership: 4 years, 7 months

Rooms

  • Bedrooms: 9
  • Full Bathrooms: 2

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Combination
  • Building Condition: Good
  • Building Quality: D
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 2,562/SqFt
  • Lot: 4,487/SqFt
  • Gross: 4,270/SqFt
  • Living: 2,562/SqFt
  • Basement: 1,708/SqFt
  • Building: 4,270/SqFt
  • Ground: 1,563/SqFt
  • Price Per Square Foot: $121.00

Legal Description

  • Description: WESTERN ADD RICHARDSON UNOFFICIAL SURVEY FR 22 & 23 BLK 4 1/2
Building Insights

Land Information

  • Property Type: Commercial Vacant Land
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Washoe County School District
  • Lat / Lon: 39.529865 / -119.82093
  • Subdivision: Western Addition
  • Property Class: Vacant
  • Zoning: MD-NWQ
  • County Use Code: 140

Amenities

  • Bathroom Fixtures: 14
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

488 W 5th St has no associated ownership info
488 W 5th St has no associated ownership info.

Taxes

488 W 5th St has 8 associated Taxes items

488 W 5th St, 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 $41,468. The APN we've located for 488 W 5th St is 007-281-01.

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Taxes
  • Assessed Value:  $41,468
  • Assessed Year:  2026
  • Assessed County:  Washoe
  • APN:  007-281-01
  • Assessed Land Value:  34550
  • Market Land Value:  102500
  • Market Value:  102500
  • Market Year:  2021

Tax History

488 W 5th St has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $41,468 Land Value $34,550 Improvement Value $6,918 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $39,168 Land Value $32,194 Improvement Value $6,974 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $49,000 Land Value $49,000 Improvement Value Tax Amount $1,567.13 Change Rate +0.029746% Assessed CR Tax Rate +0.031982%
Year 2023 Assessed Value $56,000 Land Value $56,000 Improvement Value Tax Amount $1,521.86 Change Rate +0.090978% Assessed CR Tax Rate +0.027176%
Year 2022 Assessed Value $49,000 Land Value $49,000 Improvement Value Tax Amount $1,394.95 Change Rate +0.121306% Assessed CR Tax Rate +0.028468%
Year 2021 Assessed Value $35,875 Land Value $35,875 Improvement Value Tax Amount $1,244.04 Change Rate +0.065358% Assessed CR Tax Rate +0.034677%
Year 2020 Assessed Value $33,600 Land Value $33,600 Improvement Value Tax Amount $1,167.72 Change Rate +0.052209% Assessed CR Tax Rate +0.034754%
Year 2019 Assessed Value $31,535 Land Value $31,535 Improvement Value Tax Amount $1,109.78 Change Rate -0.76066% Assessed CR Tax Rate +0.035192%
Year 2018 Assessed Value $25,900 Land Value $25,900 Improvement Value Tax Amount $4,636.83 Change Rate -0.003661% Assessed CR Tax Rate +0.179028%
Year 2017 Assessed Value $23,800 Land Value $23,800 Improvement Value Tax Amount $4,653.87 Change Rate -0.041341% Assessed CR Tax Rate +0.195541%
Year 2016 Assessed Value $44,705 Land Value $23,380 Improvement Value $21,325 Tax Amount $4,854.56 Change Rate +0.102417% Assessed CR Tax Rate +0.108591%
Year 2015 Assessed Value $40,690 Land Value $19,600 Improvement Value $21,090 Tax Amount $4,403.56 Change Rate +0.417358% Assessed CR Tax Rate +0.108222%
Year 2014 Assessed Value $37,976 Land Value $18,200 Improvement Value $19,776 Tax Amount $3,106.88 Change Rate Assessed CR Tax Rate +0.081812%
Year 2013 Assessed Value $34,003 Land Value $15,400 Improvement Value $18,603 Tax Amount Change Rate Assessed CR Tax Rate