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551 Marvin Way; Reno, NV Property Details

551 Marvin Way, Reno, NV is a Single Family that was built in 1975. This property is currently Financed and is not for sale. Our records show that 551 Marvin Way has 3 bedrooms, and 2 bathrooms, and a total of 1,352 square feet. The lot size of 551 Marvin Way is 6,534 square feet.

Off market
551 Marvin Way Reno, NV 89503
$60,692 Estimated Value
3 Beds
2 Baths
1,352 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1975
  • Purchase Price: $112,500
  • Est. Equity / %: $505,000 / 100%
  • Gross Yield: 5.815%
  • APN: 006-261-15
  • Situs County: Washoe
  • Length Of Ownership: 31 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

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

Measurements

  • Total: 1,352/SqFt
  • Lot: 6,534/SqFt
  • Gross: 1,887/SqFt
  • Garage: 483/SqFt
  • Living: 1,352/SqFt
  • Building: 1,835/SqFt
  • Ground: 1,352/SqFt
  • Price Per Square Foot: $83.21

Legal Description

  • Description: RENO HEIGHTS 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: 39.528072 / -119.844025
  • Subdivision: Reno Heights
  • Property Class: Residential
  • Zoning: SF8
  • County Use Code: 200

Amenities

  • Plus Four: 4030
  • Bathroom Fixtures: 9
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

551 Marvin Way has no associated ownership info
551 Marvin Way has no associated ownership info.

Taxes

551 Marvin Way has 8 associated Taxes items

551 Marvin 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 $60,692. The APN we've located for 551 Marvin Way is 006-261-15.

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Taxes
  • Assessed Value:  $60,692
  • Assessed Year:  2026
  • Assessed County:  Washoe
  • APN:  006-261-15
  • Assessed Land Value:  40285
  • Market Land Value:  60700
  • Market Value:  112730
  • Market Year:  2021

Tax History

551 Marvin Way has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $60,692 Land Value $40,285 Improvement Value $20,407 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $60,061 Land Value $39,795 Improvement Value $20,266 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $58,668 Land Value $37,485 Improvement Value $21,183 Tax Amount $1,254 Change Rate +0.027886% Assessed CR Tax Rate +0.021375%
Year 2023 Assessed Value $59,895 Land Value $39,200 Improvement Value $20,695 Tax Amount $1,219.98 Change Rate +0.030371% Assessed CR Tax Rate +0.020369%
Year 2022 Assessed Value $49,254 Land Value $31,500 Improvement Value $17,754 Tax Amount $1,184.02 Change Rate +0.030344% Assessed CR Tax Rate +0.024039%
Year 2021 Assessed Value $39,456 Land Value $21,245 Improvement Value $18,211 Tax Amount $1,149.15 Change Rate +0.034758% Assessed CR Tax Rate +0.029125%
Year 2020 Assessed Value $38,077 Land Value $19,985 Improvement Value $18,092 Tax Amount $1,110.55 Change Rate +0.030195% Assessed CR Tax Rate +0.029166%
Year 2019 Assessed Value $38,212 Land Value $20,300 Improvement Value $17,912 Tax Amount $1,078 Change Rate +0.030396% Assessed CR Tax Rate +0.028211%
Year 2018 Assessed Value $32,374 Land Value $14,455 Improvement Value $17,919 Tax Amount $1,046.2 Change Rate Assessed CR Tax Rate +0.032316%
Year 2017 Assessed Value $31,252 Land Value $12,915 Improvement Value $18,337 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $30,445 Land Value $11,340 Improvement Value $19,105 Tax Amount $990.97 Change Rate +0.987664% Assessed CR Tax Rate +0.03255%
Year 2015 Assessed Value $29,097 Land Value $9,625 Improvement Value $19,472 Tax Amount $498.56 Change Rate -0.481034% Assessed CR Tax Rate +0.017134%
Year 2014 Assessed Value $27,645 Land Value $8,575 Improvement Value $19,070 Tax Amount $960.68 Change Rate Assessed CR Tax Rate +0.034751%
Year 2013 Assessed Value $25,311 Land Value $6,125 Improvement Value $19,186 Tax Amount Change Rate Assessed CR Tax Rate