1947 Wedekind Rd

Reno, NV 89512

$2,300,000
Last Sold Price
24
Beds
11,976 Sq. Ft.
$192 / Sq. Ft.
11,976
Sq. Ft.
$192
per Sq. Ft.
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Sold 8/27/19
Sold 8/27/19

Description

This meticulously maintained 3 building apartment complex is a fantastic opportunity for an investor looking to acquire a property near the University of Nevada, Downtown Reno and Rancho San Rafael Regional Park with significant upside potential. It's a great location for tenants attending the University due to the short distance to class, bus stops & sporting events.This meticulously maintained 3 building apartment complex is a fantastic opportunity for an investor looking to acquire a property near the University of Nevada, Downtown Reno and Rancho San Rafael Regional Park with significant upside potential. It's a great location for tenants attending the University due to the short distance to class, bus stops & sporting events.
  1. Listed by YaYa Jackoby • Ferrari-Lund Real Estate South

Property Details for 1947 Wedekind Road

Zoning Actual
MF30
Total Parking Capacity
17
LISTING UPDATED: 08/28/2019 09:45 AM

Property Details for 1947 Wedekind Road

StatusSold
MLS #190011083
Days on Compass39
Taxes$3,968 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment Complex
Year Built1963
Lot Size0.51 AC / 22,215 SF
CountyWashoe County
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Location

Listing Courtesy of Ferrari-Lund Real Estate South, YaYa Jackoby, License #6827

Sold By Nevada West Real Estate Inc., Christina Moses, License #11041

Add your commute

Building Information for 1947 Wedekind Road

Stories2Residences-Year Built1963Building Size-Lot Size0.51 AC / 22,215 SF

Payment Calculator

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$11,540 per month

30 year fixed, 6.15% Interest

Principal and Interest

$11,210

Property Taxes

$331

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1947 Wedekind Road

Summary
Location and General Information
  • Area: Reno-North
  • Zip: 89512
  • Geo Latitude: 39.549761
  • Geo Longitude: -119.796473
  • Geo Quality: 0.95
  • Geo Zoom Level: 14.0
  • Geo Address Line: 1947 Wedekind Rd
  • Geo Primary City: Reno
  • Geo Subdivision: NV
  • Geo Postal Code: 89512
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Address: 1947 Wedekind
  • County: Washoe
  • Xstreet/Directions: Sutro
  • Source of Zoning: Assessor
Taxes and HOA Information
  • CC/R Restrictions: No
  • Sliding Scale: No
  • Taxes $: $3,968.00
Parking
  • Parking Capacity per Unit: 1
  • Parking Types: Common
Property
Lot Information
  • Class: Multi-Family
  • Type: Multi-Family
  • Source of SqFt: Assessor
  • Year Built: 1963.0
  • Acreage: 0.51
  • Type of Property: Apartment Complex
  • Parcel #: 00415216
  • ZG – Green Feature: Double Pane Windows
  • Complex Name: Wedekind Appartment
  • Gross Square Footage: 11976.0
Property and Assessments
  • Documents On File: Financial Statements, Inventory, Rental/Leases
  • ADA Compliant: No
  • APOD Available: No
  • Tax Database ID: 5
  • Tax Property ID: 00415216
  • Construction: Wood Frame
  • Assessment $: $.00
  • Associated Document Count: 1
  • LVT Date: 07-19-2019
Utilities
  • Individually Metered: No
Interior and Exterior Features
Interior Features
  • Heating/Cooling: Central Refrig A/C, Electric, Forced Air
  • Water Heater: Electric
  • Windows: Double Pane
  • Facility Features: Master Meter-Water, Separate Heating/Cooling, Separate Meters-Electric, Separate Water Heaters, Tenant Pays Utilities
  • Common Features: Security Lighting
  • Unit Features: Balcony, Smoke Detector
  • Appliances: Dishwasher, Oven/Range, Refrigerator
  • Laundry: Common
  • Flooring: Carpet, Laminate
  • Green Features: None
Exterior Features
  • Foundation: Concrete Slab
  • Exterior: Stucco
  • Roof: Flat
  • Utilities: City Sewer, City/County Water, Electricity, Water Meter Installed
  • Landscaped: Fully Landscaped
  • Sprinklers: Yes
  • Fenced: Back
Room
  • Studio - # Baths: 1
  • 1 Bedroom - # Baths: 1
  • 1 Bedroom - # Units: 8
  • 1 Bedroom - SqFt/Unit: 0
  • 1 Bedroom - Avg Rent/Unit: 1250
  • 2 Bedroom - # Baths: 1
  • 2 Bedroom - # Units: 8
  • 2 Bedroom - SqFt/Unit: 0
  • 2 Bedroom - Avg Rent/Unit: 1450
  • 3 Bedroom - # Baths: 0
  • 3 Bedroom - # Units: 0
  • 3 Bedroom - SqFt/Unit: 0
  • 3 Bedroom - Avg Rent/Unit: 0
  • 4+ Bedroom - # Baths: 0
  • 4+ Bedroom - # Units: 0
  • 4+ Bedroom - SqFt/Unit: 0
  • 4+Bedroom - Avg Rent/Unit: 0
  • Manager Unit - # Bedrooms: 0
  • Manager Unit - # Baths: 0
  • Manager Unit - SqFt: 0
  • Studio - # Units: 1
  • Studio - SqFt/Unit: 0
Multi Family
Multi-Family Information
  • Studio - Average/Unit: 900
  • # Buildings: 3
  • # Units: 17
  • Stories: 2 Story
Income & Expenses
  • Income Info w/h: No
  • Annual Debt Service: $.00
  • Annual Expenses: $67,000.00
  • Annual Income & Expenses: Pro Forma
  • Gross Scheduled Income: $270,000.00
  • Net Operating Income: $184,100.00
Agent
Showing and Remarks
  • Days to Contract: 4
  • Showing Instructions: Call Listing Agent
Sale and Listing
  • Sale/Rent: For Sale
  • DOM: 39
  • DOMLS: 39
  • Cumulative DOM: 39
  • Cumulative DOMLS: 39
  • Possession: COE
  • Sale/Lease: For Sale
  • Contact Name: YaYa
  • Contact Phone: 775-223-4795
Rental
Rent Information
  • Annual Vacancy: $18,900.00
  • Current Lease: None

Property History for 1947 Wedekind Road

DateEvent & SourcePriceAppreciation
Aug 26, 2019

Sold

NNRMLS #190011083

$2,300,000—
Jul 27, 2019

Pending

NNRMLS #190011083

—
Jul 18, 2019

Listed (Active)

NNRMLS #190011083

$2,490,500—
Oct 19, 2005

Expired

NNRMLS #50016930

—
Aug 21, 2005

Listed (Active)

NNRMLS #50016930

$1,350,000—
DateEvent & SourcePrice
08/26/2019

Sold

NNRMLS #190011083

$2,300,000
07/27/2019

Pending

NNRMLS #190011083

—
07/18/2019

Listed (Active)

NNRMLS #190011083

$2,490,500
10/19/2005

Expired

NNRMLS #50016930

—
08/21/2005

Listed (Active)

NNRMLS #50016930

$1,350,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1947 Wedekind Road

Taxable ValueLand$54,740Additions$26,371Total$81,111
Tax Record2025$1,390 ($116 / month)
Home Facts
Baths4Total Finished SqFt2,880 SqFtAbove Grade Finished SqFt2,880 SqFtStories2Lot Size3,398 SqFtStyleMulti-Family Dwelling (2-4)Year Built1963ZoningMF30CountyWASHOEAPN004-152-23

Schools near 1947 Wedekind Road

This home is within Washoe County School District.
Rating
School
Type
Grades
Distance
Rita Cannan Elementary School
Public - PK to 5
Fred W Traner Middle School
Public - 6 to 8
Procter R Hug High School
Public - 9 to 12
Coral Academy Charter School Elementary
Charter - K to 4
Rating
School
Distance
Rita Cannan Elementary School
PublicPK to 5

Fred W Traner Middle School
Public6 to 8

Procter R Hug High School
Public9 to 12

Coral Academy Charter School Elementary
CharterK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Ferrari-Lund Real Estate South, YaYa Jackoby, License #6827

Based on information from one of the following Multiple Listing Services: MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS.. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS. is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.