Charming and meticulously maintained, this affordable starter or investment home sits in Lemmon Valley on a 0.38 ac lot. Interior boasts fresh new paint throughout interior and exterior, with new carpet. Convenience of a tankless hot water tank adds more value. Property is fully fenced, backing to open area offering privacy & tranquility. Included in sale is washer/dryer/refrigerator. RV access with a gate, ample space for storage, and expansion. Only minutes from Reno. Property may qualify for zero down., Call your lender for details.
Closed
$404,000
315 Palace Dr, Reno, NV 89506
4beds
1,144sqft
Single Family Residence
Built in 1971
0.38 Acres Lot
$406,300 Zestimate®
$353/sqft
$2,087 Estimated rent
Home value
$406,300
$370,000 - $447,000
$2,087/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 14, 2025 at 04:29am
Listed by:
Karen Cornell S.15190 775-771-1419,
Ferrari-Lund Real Estate Reno
Bought with:
Pamela Stayden, S.187616
LPT Realty, LLC
Source: NNRMLS,MLS#: 240011446
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, Dryer, Electric Oven, Electric Range, Oven, Refrigerator, Washer
- Laundry: In Kitchen, Laundry Area, Shelves
Features
- Ceiling Fan(s), Pantry, Walk-In Closet(s)
- Flooring: Carpet
- Windows: Blinds, Double Pane Windows, Vinyl Frames
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Gas
Interior area
- Total structure area: 1,144
- Total interior livable area: 1,144 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached, RV Access/Parking
- Attached garage spaces: 1
Features
- Stories: 1
- Patio & porch: Patio
- Exterior features: None
- Fencing: Back Yard,Front Yard,Full
Lot
- Size: 0.38 Acres
- Features: Level
Details
- Parcel number: 08056103
- Zoning: mds
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood 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, Phone Available, Sewer Available, Water Available, Water Meter Installed
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Reno
- Subdivision: Lemmon Valley Estates 2
Other
Other facts
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 12/18/2024 | Sold | $404,000$353/sqft |
Source:  NNRMLS #240011446 | ||
| 12/3/2024 | Pending sale | $404,000$353/sqft |
Source: NNRMLS #240011446 | ||
| 11/19/2024 | Listed for sale | $404,000$353/sqft |
Source: NNRMLS #240011446 | ||
| 11/15/2024 | Pending sale | $404,000$353/sqft |
Source: NNRMLS #240011446 | ||
| 11/6/2024 | Listed for sale | $404,000$353/sqft |
Source: NNRMLS #240011446 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $718 +2.9% | $49,963 +12.3% |
| 2024 | $697 +3% | $44,501 +4.4% |
| 2023 | $677 +7.9% | $42,615 +17.7% |
Find assessor info on the county website
Neighborhood: Lemmon Valley
Nearby schools
GreatSchools rating
- 2/10Lemmon Valley Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 2/10William O'brien Middle SchoolGrades: 6-8Distance: 2.9 mi
- 2/10North Valleys High SchoolGrades: 9-12Distance: 2.6 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
$406,300
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
$406,300