The perfect location right next to the University! Owners just did new paint, carpet and a few other repairs. This home backs to the University of Nevada and is perfect for student housing or a first time home buyer. This could be the perfect development project as this is zoned for mixed use and allows for multiple units.
Single-familyProperty Type
1940Year Built
7,405 sq ftLot Size
$567Est. Price/Sq.Ft.
Listed by Miranda Vaulet•DRE #S.63604• RE/MAX Professionals-Reno
Listed by Cody Capps•DRE #S.187392• RE/MAX Professionals-Reno
Bought with Lauren Addi•DRE #S.198603• Dickson Realty - Damonte Ranch
Location, location, location! Owners just did new paint, carpet and a few other repairs. This home backs to the University of Nevada and is perfect for student housing or a first time home buyer. This property is zoned for mixed use and allows for multiple units. , Owners are also interested in selling 2005 valley road along with this property. Property will be professionally cleaned prior to closing.
NNRMLS #200016925
Feb 8, 2021
Listing Removed
—
Jan 1, 2021
Relisted
—
Dec 20, 2020
Contingent
—
Dec 16, 2020
Listed
$290,000
$403/sq ft
NNRMLS #180001651
Jan 11, 2019
Sold
$245,000
$340/sq ft
Jul 5, 2018
Pending
—
Jul 2, 2018
Price Changed
$257,000
$357/sq ft
May 23, 2018
Price Changed
$258,000
$358/sq ft
Feb 9, 2018
Listed
$260,000
$361/sq ft
NNRMLS #180002438
Jun 29, 2018
Listing Removed
—
May 23, 2018
Price Changed
$525,000
$729/sq ft
May 2, 2018
Price Changed
$529,000
$735/sq ft
Apr 5, 2018
Relisted
—
Mar 31, 2018
Listing Removed
—
Feb 9, 2018
Listed
$539,000
$749/sq ft
NNRMLS #50005858
Jun 25, 2005
Listing Removed
—
Mar 23, 2005
Listed
$198,000
$275/sq ft
NNRMLS #50002644
Jun 10, 2005
Sold
$189,000
$263/sq ft
May 6, 2005
Listing Removed
—
Feb 24, 2005
Listed
$198,000
$275/sq ft
NNRMLS #103584
Sep 30, 2001
Listing Removed
—
May 4, 2001
Listed
$70,000
$97/sq ft
NNRMLS #103594
Oct 13, 2001
Listing Removed
—
Aug 15, 2001
Sold
$69,000
$96/sq ft
May 4, 2001
Listed
$70,000
$97/sq ft
Public Records
Aug 15, 2001
Sold
$69,000
$96/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$452 (+3.1%)
$30,660 + $9,313
$39,973
2024
$439 (+2.8%)
$30,310 + $9,257
$39,567
2023
$427 (+2.0%)
$28,455 + $9,102
$37,557
2022
$418 (+1.6%)
$30,765 + $8,447
$39,212
2021
$412 (+5.4%)
$24,150 + $6,896
$31,046
2020
$391 (+4.7%)
$15,960 + $6,710
$22,670
2019
$373 (+6.1%)
$14,945 + $6,582
$21,527
2018
$352 (+2.2%)
$15,155 + $6,272
$21,427
2017
$344 (+2.7%)
$10,255 + $6,014
$16,269
2016
$335 (+0.3%)
$8,365 + $5,905
$14,270
2015
$334 (+2.5%)
$7,280 + $5,925
$13,205
2014
$326
$5,635 + $5,789
$11,424
Tax history for 2007 Valley Rd
Year
Property tax
Land + Additions
Assessment*
2025
$452 (+3.1%)
$30,660 + $9,313
$39,973
2024
$439 (+2.8%)
$30,310 + $9,257
$39,567
2023
$427 (+2.0%)
$28,455 + $9,102
$37,557
2022
$418 (+1.6%)
$30,765 + $8,447
$39,212
2021
$412 (+5.4%)
$24,150 + $6,896
$31,046
2020
$391 (+4.7%)
$15,960 + $6,710
$22,670
2019
$373 (+6.1%)
$14,945 + $6,582
$21,527
2018
$352 (+2.2%)
$15,155 + $6,272
$21,427
2017
$344 (+2.7%)
$10,255 + $6,014
$16,269
2016
$335 (+0.3%)
$8,365 + $5,905
$14,270
2015
$334 (+2.5%)
$7,280 + $5,925
$13,205
2014
$326
$5,635 + $5,789
$11,424
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
7,205 Sq. Ft.
Year renovated
1940
Sq. Ft.
720
Year built
1940
Style
Single Family Residential
County
Washoe County
APN
007-040-11
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 22, 2026.
MF-30
AN
Multi-Family Residential District
The MF-30 district is intended to provide multi-family residential development and limited commercial and retail uses. Secondary uses include duplexes, triplexes, fourplexes, townhomes, single-family residential uses, parks, and schools. Additional district standards ensure that amenities such as open space are provided to offset the increases residential densities. This district is appropriate adjacent to other multifamily, single-family Urban Districts, and Employment Districts.
Zone overlays
Airport Noise Exposure Overlay District
Permitted uses
Include but are not limited to:
Day care facility
General retail
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Infrastructure
Bed & breakfast
Office
Housing-Mobile home park
Property details
Parking
Parking Information
Parking Features: None
Interior
Bathroom Information
# of Bathrooms (Full): 2
Interior Features
Laundry Features: In Kitchen, Laundry Closet
Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
Window Features: Double Pane Windows
Flooring: Carpet, Laminate
Exterior
Exterior Features
Fencing: Full
Building Information
Building Area Total: 720
Construction Materials: Wood Siding
Roof: Composition
Foundation Details: Slab
Other Structures: None
Property Information
Common Walls: No Common Walls
Property Sub Type: Single Family Residence
Levels: One
Stories: 1
Lot Information
Lot Features: Level
View YN: Yes
View: City
Zoning: MF30
Financial
Tax Information
Tax Annual Amount: $452.48
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Internet Available, Water Meter Installed
Heating & Cooling
Cooling: Wall/Window Unit(s)
Has Cooling
Heating: Wall Furnace
Heating YN: Yes
Location
School Information
Elementary School: Sierra Vista
Middle Or Junior School: Clayton
High School: Hug
Location Information
Road Responsibility: Public Maintained Road
Road Frontage Type: City Street
Community Information
Senior Community YN: No
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 720
Stories: 1.0
Lot Size: 7,205 square feet
Style: Single Family Residential
Year Built: 1940
Year Renovated: 1940
County: Washoe County
APN: 007-040-11
Home facts updated by county records on Jul 22, 2026
Around this home
Schools
Dorothy Lemelson STEM Academy Elementary School
Public PreK-5 • Assigned • 0.1mi
4/10
Fred W Traner Middle School
Public 6-8 • Assigned • 0.9mi
5/10
Procter R Hug High School
Public 9-12 • Assigned • 2.2mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
8/10 Fire Factor
38% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 94° expected this year, 16 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
9/10 Air Factor
15 unhealthy days expected this year, 18 days in 30 years
Provided by First Street
Historical weather
Reno, NV • 89512
Average low and high temperatures (°F)
49
26
54
32
63
38
64
40
76
48
86
57
91
60
89
58
83
53
70
42
56
34
52
31
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 12.9 hours in
June and 5.8 hours in December, placing it above the
U.S. average for solar exposure.
12.9 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$388,000 – $470,000
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