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501 Lake St; Reno, NV Property Details

501 Lake St, Reno, NV is a Hotel that was built in 1968. This property is currently a cash purchase and is not for sale. Our records show that 501 Lake St has a total of 7,622 square feet. The lot size of 501 Lake St is 9,100 square feet.

Off market
501 Lake St Reno, NV 89501
$185,630 Estimated Value
7,622 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1968
  • Purchase Price: $450,000
  • APN: 007-501-06
  • Situs County: Washoe
  • Length Of Ownership: 9 years, 5 months

Structure

  • Building Style: Masonry
  • Stories: 2
  • Exterior Wall Type: Concrete Block
  • Building Condition: Good
  • Building Quality: C
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 7,622/SqFt
  • Lot: 9,100/SqFt
  • Gross: 7,622/SqFt
  • Garage: 468/SqFt
  • Living: 7,622/SqFt
  • Building: 7,622/SqFt
  • Garage Unfinished: 468/SqFt
  • Price Per Square Foot: $59.04

Legal Description

  • Description: EVANS NORTH ADD LT 16 & FR LT 15 BLK 5
Building Insights

Land Information

  • Property Type: Hotel
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Washoe County School District
  • Lat / Lon: 39.531834 / -119.81251
  • Subdivision: Evans North Addition
  • Property Class: Commercial
  • Zoning: MD-ED
  • County Use Code: 430

Amenities

  • Plus Four: 1017
  • Cooling: Yes
  • Garage: Attached Garage
  • Heating: Heat Pump
  • Parking: 2

Ownership Info

501 Lake St has no associated ownership info
501 Lake St has no associated ownership info.

Taxes

501 Lake St has 8 associated Taxes items

501 Lake 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 $185,630. The APN we've located for 501 Lake St is 007-501-06.

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Taxes
  • Assessed Value:  $185,630
  • Assessed Year:  2026
  • Assessed County:  Washoe
  • APN:  007-501-06
  • Assessed Land Value:  76440
  • Market Land Value:  127400
  • Market Value:  349302
  • Market Year:  2021

Tax History

501 Lake St has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $185,630 Land Value $76,440 Improvement Value $109,190 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $178,254 Land Value $70,070 Improvement Value $108,184 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $175,385 Land Value $66,885 Improvement Value $108,500 Tax Amount $6,410.01 Change Rate +0.070995% Assessed CR Tax Rate +0.036548%
Year 2023 Assessed Value $161,059 Land Value $66,885 Improvement Value $94,174 Tax Amount $5,985.1 Change Rate +0.098389% Assessed CR Tax Rate +0.037161%
Year 2022 Assessed Value $128,642 Land Value $50,960 Improvement Value $77,683 Tax Amount $5,448.98 Change Rate +0.050622% Assessed CR Tax Rate +0.042358%
Year 2021 Assessed Value $122,256 Land Value $44,590 Improvement Value $77,666 Tax Amount $5,186.43 Change Rate -0.002592% Assessed CR Tax Rate +0.042423%
Year 2020 Assessed Value $122,382 Land Value $44,590 Improvement Value $77,792 Tax Amount $5,199.91 Change Rate +0.035162% Assessed CR Tax Rate +0.042489%
Year 2019 Assessed Value $117,875 Land Value $44,590 Improvement Value $73,285 Tax Amount $5,023.28 Change Rate +0.016313% Assessed CR Tax Rate +0.042615%
Year 2018 Assessed Value $115,893 Land Value $39,813 Improvement Value $76,080 Tax Amount $4,942.65 Change Rate Assessed CR Tax Rate +0.042648%
Year 2017 Assessed Value $117,866 Land Value $38,220 Improvement Value $79,646 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $120,953 Land Value $38,220 Improvement Value $82,733 Tax Amount $5,286.82 Change Rate -0.02287% Assessed CR Tax Rate +0.04371%
Year 2015 Assessed Value $124,938 Land Value $38,220 Improvement Value $86,718 Tax Amount $5,410.56 Change Rate +0.000533% Assessed CR Tax Rate +0.043306%
Year 2014 Assessed Value $124,556 Land Value $38,220 Improvement Value $86,336 Tax Amount $5,407.68 Change Rate Assessed CR Tax Rate +0.043416%
Year 2013 Assessed Value $127,291 Land Value $38,220 Improvement Value $89,071 Tax Amount Change Rate Assessed CR Tax Rate