Escape the stresses of city living and discover your dream home today! This fully renovated property is located in the highly desirable Lemon Valley area and offers the perfect blend of modern comfort and tranquility. With ample living space and a spacious yard, this turn-key home provides the ideal sanctuary for those seeking a peaceful retreat. This move-in-ready property boasts a lengthy list of upgrades, including a new roof, new flooring, elegant quartz countertops, sleek shaker kitchen cabinets, new, bathroom vanities, and new appliances, plus many more. The interior and exterior have also been freshly painted, adding to the home's modern charm. It features four bedrooms, one and a half bathrooms, and a one-car garage. Whether you're looking for a cozy family home or a serene retreat from the hustle and bustle of city life, this property has it all. Schedule a viewing now and envision your new life in this stunning Lemon Valley property!
Closed
$440,000
245 Palace Dr, Reno, NV 89506
4beds
1,807sqft
Single Family Residence
Built in 1971
10,018.8 Square Feet Lot
$453,700 Zestimate®
$243/sqft
$2,322 Estimated rent
Home value
$453,700
$422,000 - $490,000
$2,322/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 14, 2025 at 04:15am
Listed by:
Armando Reyes S.185275 775-901-3715,
Coldwell Banker Select RE M
Bought with:
Raquel Cortez, S.184022
Hello Real Estate Center
Source: NNRMLS,MLS#: 240003686
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Refrigerated
Appliances
- Included: Dishwasher, Disposal, Gas Cooktop, Microwave, None
- Laundry: In Kitchen, Laundry Area
Features
- Ceiling Fan(s), Master Downstairs
- Flooring: Carpet, Ceramic Tile
- Windows: Double Pane Windows
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,807
- Total interior livable area: 1,807 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached
- Attached garage spaces: 1
Features
- Stories: 1
- Patio & porch: Patio
- Exterior features: None
- Fencing: Back Yard,Front Yard,Partial
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 10,018 sqft
- Features: Level, Open Lot
Details
- Parcel number: 08061403
- Zoning: MDR
- Special conditions: HUD Owned
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Crawl Space
- Roof: Composition,Pitched,Shingle
Condition
- Year built: 1971
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: Lemmon Valley Estates 4
Other
Other facts
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2024 | Sold | $440,000+1.4%$243/sqft |
Source:  NNRMLS #240003686 | ||
| 4/17/2024 | Pending sale | $434,000$240/sqft |
Source: NNRMLS #240003686 | ||
| 4/8/2024 | Listed for sale | $434,000+37.3%$240/sqft |
Source: NNRMLS #240003686 | ||
| 2/5/2024 | Sold | $316,000-9.7%$175/sqft |
Source: NNRMLS #240000274 | ||
| 1/17/2024 | Pending sale | $350,000$194/sqft |
Source: NNRMLS #240000274 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,015 -28.4% | $55,320 +8.1% |
| 2024 | $1,418 +55.5% | $51,175 +2.5% |
| 2023 | $912 -28.6% | $49,950 +15.9% |
Find assessor info on the county website
Neighborhood: Lemmon Valley
Nearby schools
GreatSchools rating
- 2/10Lemmon Valley Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 2/10William O'brien Middle SchoolGrades: 6-8Distance: 2.9 mi
- 2/10North Valleys High SchoolGrades: 9-12Distance: 2.7 mi
Schools provided by the listing agent
- Elementary: Lemmon Valley
- Middle: OBrien
- High: North Valleys
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
$453,700
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
$453,700