Step into this enchanting 1940 brick exterior home, brimming with character and timeless charm. Enjoy modern living and updates while still appreciating the classic architecture. You will find two bedrooms and one bathroom on the main level, and one bedroom and one bathroom in the basement. Located just a stone's throw away from the University, this property is perfect for a primary residence or an investment property., Currently the home is being used as a short term rental and is an income producing property. The potential is endless with a separate access to the basement you could make this a duplex, or a larger single family home. Come take a look at this great opportunity!
Closed
$562,000
1289 Bon Rea Way, Reno, NV 89503
3beds
1,750sqft
Single Family Residence
Built in 1940
5,662.8 Square Feet Lot
$566,300 Zestimate®
$321/sqft
$2,537 Estimated rent
Home value
$566,300
$515,000 - $623,000
$2,537/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 14, 2025 at 12:06am
Listed by:
Miranda Vaulet S.63604 775-224-3979,
RE/MAX Professionals-Reno,
Cody Capps S.187392 702-544-0865,
RE/MAX Professionals-Reno
Bought with:
Justin Rossi, BS.145859
Ferrari-Lund Real Estate Reno
Source: NNRMLS,MLS#: 240009478
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric, Oil
Cooling
- Electric
Appliances
- Included: Dishwasher, Electric Oven, Electric Range, Refrigerator
- Laundry: Laundry Area
Features
- Flooring: Ceramic Tile, Wood
- Windows: Double Pane Windows
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,750
- Total interior livable area: 1,750 sqft
Property
Parking
- Parking features: None
Features
- Stories: 1
- Exterior features: None
- Fencing: Back Yard
Lot
- Size: 5,662 sqft
- Features: Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
Details
- Parcel number: 00709402
- Zoning: Sf8
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Slab
- Roof: Composition,Pitched,Shingle
Condition
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Reno
- Subdivision: University Terrace
Other
Other facts
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 1/22/2025 | Listing removed | $2,950$2/sqft |
Source: Zillow Rentals | ||
| 1/10/2025 | Listed for rent | $2,950+74%$2/sqft |
Source: Zillow Rentals | ||
| 9/11/2024 | Sold | $562,000+1.3%$321/sqft |
Source:  NNRMLS #240009478 | ||
| 7/29/2024 | Pending sale | $554,900$317/sqft |
Source: NNRMLS #240009478 | ||
| 7/25/2024 | Listed for sale | $554,900+12.1%$317/sqft |
Source: NNRMLS #240009478 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $909 +2.8% | $61,083 +1.1% |
| 2024 | $884 +18.3% | $60,414 +4.7% |
| 2023 | $747 +2.7% | $57,694 +25.5% |
Find assessor info on the county website
Neighborhood: Old Northwest - West University
Nearby schools
GreatSchools rating
- 6/10Peavine Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 7/10Archie Clayton Middle SchoolGrades: 6-8Distance: 1.2 mi
- 7/10Reno High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Peavine
- Middle: Clayton
- High: Reno
Source: NNRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$566,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$566,300