This charming 2-bedroom home near the University of Nevada, Reno, presents a fantastic investment opportunity, perfect for students or young professionals. The versatile bonus loft provides an ideal study space or additional living area, enhancing the home’s appeal. Recently updated with freshly painted cabinets, new carpet, and exterior paint, the property is move-in ready., Step outside to a spacious backyard featuring a patio, perfect for outdoor entertaining and relaxation. The location is unbeatable, with just a 5-minute drive to UNR, a 12-minute bike ride, and only 10 minutes to downtown, ensuring easy access to shopping, dining, and amenities. Plus, being close to San Rafael Park offers outdoor enthusiasts hiking and bike trails right at your doorstep. Don’t miss out on this opportunity to own a comfortable home in a highly sought-after area.
Closed
$475,000
1960 Peavine Rd, Reno, NV 89503
2beds
1,343sqft
Single Family Residence
Built in 1986
10,018.8 Square Feet Lot
$477,500 Zestimate®
$354/sqft
$2,193 Estimated rent
Home value
$477,500
$435,000 - $525,000
$2,193/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 14, 2025 at 12:14am
Listed by:
Johanna Summersett S.190148 410-695-4547,
BHG Drakulich Realty
Bought with:
Ainsley Jones, S.196541
Dickson Realty - Downtown
Source: NNRMLS,MLS#: 240013949
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Fireplace(s), Natural Gas
Appliances
- Included: Dishwasher, Dryer, Electric Oven, Electric Range, Microwave, Oven, Washer
- Laundry: Laundry Area, Shelves
Features
- Breakfast Bar, High Ceilings, Master Downstairs
- Flooring: Carpet, Tile, Vinyl
- Windows: Single Pane Windows
- Has basement: No
- Has fireplace: Yes
Interior area
- Total structure area: 1,343
- Total interior livable area: 1,343 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Stories: 2
- Patio & porch: Patio
- Exterior features: None
- Fencing: Back Yard
- Has view: Yes
- View description: City, Valley
Lot
- Size: 10,018 sqft
- Features: Landscaped, Sloped Up
Details
- Parcel number: 00209313
- Zoning: Sf8
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Crawl Space
- Roof: Composition,Flat,Shingle
Condition
- Year built: 1986
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Reno
- Subdivision: Cimarron 2
Other
Other facts
- Listing terms: 1031 Exchange,Cash,Conventional,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 1/24/2025 | Sold | $475,000$354/sqft |
Source:  NNRMLS #240013949 | ||
| 11/12/2024 | Pending sale | $475,000$354/sqft |
Source: NNRMLS #240013949 | ||
| 10/31/2024 | Listed for sale | $475,000+53.2%$354/sqft |
Source: NNRMLS #240013949 | ||
| 9/16/2024 | Sold | $310,000-26.2%$231/sqft |
Source: Public Record | ||
| 8/15/2024 | Pending sale | $420,000$313/sqft |
Source: NNRMLS #240010096 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,431 -1.6% | $73,352 +3.6% |
| 2024 | $3,486 +86.6% | $70,816 +0.3% |
| 2023 | $1,868 +8% | $70,580 +21.7% |
Find assessor info on the county website
Neighborhood: Kings Row
Nearby schools
GreatSchools rating
- 6/10Peavine Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 7/10Archie Clayton Middle SchoolGrades: 6-8Distance: 0.8 mi
- 7/10Reno High SchoolGrades: 9-12Distance: 2.3 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
$477,500
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
$477,500