245 E 8th Ave Sun Valley, NV 89433

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4 beds · 2 baths · 1,848 sq ft · Lot Size: 14,288 sq ft · Single Family Home
Est. Property Value: $330,104

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245 E 8th Ave is in the 89433 neighborhood of Sun Valley, NV. It is located in Washoe County and ZIP code 89433. This Single Family Home was built in 1986 and is approximately 39 years old. The single family home spans 1848 sq ft with 4 bedrooms and 2 bathrooms and sits on a 14288 sq ft lot. According to public records, it was last sold in 2002 for $133,000 and has a tax-assessed value of $180,099, which is $179 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 245 E 8th Ave Sun Valley, NV 89433 with Property Intel by Whitepages.

Owners & Occupancy for 245 E 8th Ave

This property is owned by Arthur L Martinez. Owner contact information includes 8 phone numbers and 5 email addresses.

Property Owners

Cell Phone(775) ***-****View Cell Phone
Residence**********
Landline(559) 673-7267
Distance from Property**********
Email Address************@epix.netView Email

Occupancy

Resident 1****************
Resident 2********************* age 33
Resident 3****************
Resident 4**************
Resident 5**************
Resident 6****************** age 28

Property Financials for 245 E 8th Ave

245 E 8th Ave, Sun Valley, NV has a mortgage from Chase Manhattan Mtg (orig. September 25, 2002). The Washoe county assessment for 2024 values it at $180,099, with annual taxes of $871.

Mortgage & Equity Information

Loan Amount$******
LenderChase Manhattan Mtg
Origination DateSeptember 25, 2002
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date****************
Equity View Equity

Property Tax

Purchase DateSeptember 26, 2002
Property Tax Amount$871 in 2024
Purchase Price$133,000
Assessed Value$180,099 on 2024

Investment Potential for 245 E 8th Ave

The property has a current estimated value of $330,104, which is 25% below the zip median, based on public records. It last sold on September 26, 2002 for $133K. Projected long-term
is $27,600 annually ($2,300 per month) with a 93% occupancy rate.

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Long-Term

Gross Rental
$27,600 per year($2,300 per month)
Net Operating Income
Cap Rate
Occupancy Rate
93%in 89433 zip code
 
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Property Details for 245 E 8th Ave

Property Details

Property Sq Ft

Living Area

1,848 sq ft

1% above market

Lot Size

14,288 sq ft

21% above market

Price Per Sq Ft

Living Area

$179 / sq ft

20% below market

Lot Size Area

$23 / sq ft

34% below market

Property condition, age, exterior, etc. for 245 E 8th …
Longitude: -119.774193 Latitude: 39.603835 Parcel Number (APN): 085-390-49…

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Market Benchmarks

Compare data for 245 E 8th Ave in Washoe County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$330,104
$539,105
-$209,001 (-39%)
$597,913
-$220,928 (-37%)
YoY Price Change
1.57%
-145%
Year Built
1986
2001
-15 years
Living Space
1,848 sq ft
2,391 sq ft
-543 (-23%)
$ Per Living Sq Ft
$179
$236
-$57 (-24%)
Lot Size
14,288 sq ft
6,970 sq ft
7318 (105%)
$ Per Lot Sq Ft
$23
$80
-$57 (-71%)

Net Operating Income
$21,825
-$1,192 (-5%)
Annual Revenue
$27,600
$33,600
-$6,000 (-18%)
$11,357
-$4,390 (-39%)
Net Operating Income
$21,825
-$1,192 (-5%)
Cap Rate
4.15%
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

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