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505 Two Forty Rd; Reno, NV Property Details

505 Two Forty Rd, Reno, NV is a Single Family that was built in 1994. This property is currently Financed and is not for sale. Our records show that 505 Two Forty Rd has 1 bedroom, and 1 bathroom, and a total of 1,544 square feet. The lot size of 505 Two Forty Rd is 2,120,936 square feet.

Off market
505 Two Forty Rd Reno, NV 89510
$142,062 Estimated Value
1 Beds
1 Baths
1,544 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1994
  • Purchase Price: $220,000
  • Est. Equity / %: $778,000 / 100%
  • Gross Yield: 5.571%
  • APN: 076-110-35
  • Situs County: Washoe
  • Length Of Ownership: 26 years, 5 months

Rooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Wood Siding
  • Building Quality: D
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Septic
  • Water Source: Well
  • Deck: true

Measurements

  • Total: 1,544/SqFt
  • Lot: 2,120,936/SqFt
  • Gross: 2,072/SqFt
  • Garage: 528/SqFt
  • Living: 1,544/SqFt
  • Building: 2,072/SqFt
  • Ground: 1,544/SqFt
  • Price Per Square Foot: $142.49

Legal Description

  • Description: DLM 1 PAR 35-3-0-8
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: 39.81595 / -119.70816
  • Subdivision: Palomino Valley Unit 1
  • Property Class: Residential
  • Zoning: GRA
  • County Use Code: 200

Amenities

  • Plus Four: 9560
  • Bathroom Fixtures: 6
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 6

Ownership Info

505 Two Forty Rd has no associated ownership info
505 Two Forty Rd has no associated ownership info.

Taxes

505 Two Forty Rd has 10 associated Taxes items

505 Two Forty Rd, 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 $142,062. The APN we've located for 505 Two Forty Rd is 076-110-35.

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Taxes
  • Assessed Value:  $142,062
  • Assessed Year:  2026
  • Assessed County:  Washoe
  • APN:  076-110-35
  • Assessed Land Value:  71400
  • Market Land Value:  102000
  • Tax Amount:  1810.47
  • Tax Year:  2025
  • Market Value:  267537
  • Market Year:  2021

Tax History

505 Two Forty Rd has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $142,062 Land Value $71,400 Improvement Value $70,662 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $135,133 Land Value $63,000 Improvement Value $72,133 Tax Amount $1,810.47 Change Rate -0.231435% Assessed CR Tax Rate +0.013398%
Year 2024 Assessed Value $126,055 Land Value $52,500 Improvement Value $73,555 Tax Amount $2,355.65 Change Rate +0.029842% Assessed CR Tax Rate +0.018687%
Year 2023 Assessed Value $115,961 Land Value $46,494 Improvement Value $69,467 Tax Amount $2,287.39 Change Rate +0.030764% Assessed CR Tax Rate +0.019726%
Year 2022 Assessed Value $95,460 Land Value $37,800 Improvement Value $57,660 Tax Amount $2,219.12 Change Rate +0.030816% Assessed CR Tax Rate +0.023247%
Year 2021 Assessed Value $93,638 Land Value $35,700 Improvement Value $57,938 Tax Amount $2,152.78 Change Rate +0.032256% Assessed CR Tax Rate +0.02299%
Year 2020 Assessed Value $87,744 Land Value $29,400 Improvement Value $58,344 Tax Amount $2,085.51 Change Rate +0.052916% Assessed CR Tax Rate +0.023768%
Year 2019 Assessed Value $82,508 Land Value $25,200 Improvement Value $57,308 Tax Amount $1,980.7 Change Rate +0.007487% Assessed CR Tax Rate +0.024006%
Year 2018 Assessed Value $81,448 Land Value $25,200 Improvement Value $56,248 Tax Amount $1,965.98 Change Rate +0.036505% Assessed CR Tax Rate +0.024138%
Year 2017 Assessed Value $76,292 Land Value $19,740 Improvement Value $56,552 Tax Amount $1,896.74 Change Rate +0.016844% Assessed CR Tax Rate +0.024862%
Year 2016 Assessed Value $77,307 Land Value $19,740 Improvement Value $57,567 Tax Amount $1,865.32 Change Rate +0.001993% Assessed CR Tax Rate +0.024129%
Year 2015 Assessed Value $78,014 Land Value $19,740 Improvement Value $58,274 Tax Amount $1,861.61 Change Rate +0.034446% Assessed CR Tax Rate +0.023863%
Year 2014 Assessed Value $76,316 Land Value $19,740 Improvement Value $56,576 Tax Amount $1,799.62 Change Rate Assessed CR Tax Rate +0.023581%
Year 2013 Assessed Value $56,000 Land Value $19,740 Improvement Value $36,260 Tax Amount Change Rate Assessed CR Tax Rate