CondominiumResidential
3945 Covington Way
RENO, NV 89503
1,022 ft²
Lot SizeThe size of the land the home sits on, from county records.
1974
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
Built 19743 units920–1,022 ft²
$691K
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$214K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$221
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.
-26.2%vs the Reno ZIP median sale $/ft² ($299)
Sales Performance
—
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
—
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
0
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
0.0%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
2 arms-length sales on record for this building.
Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
2 bed
3 units$214K · $221/ft²
Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.
$203K–$203K
1 unit
$214K–$214K
1 unit
$274K–$274K
1 unit
Ownership & Financing
Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.0%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.33%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.12.3 yrs
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.23%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$212,370
Median tax billThe middle annual property tax bill among the building's units.$685
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0
Recent SalesThe latest recorded arms-length sales in the building, newest first.
Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.
Property Facts
Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
CountyWashoe
Lot (acres)The size of the land the home sits on, from county records.0.02
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Wood (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Builtup (layered Asphalt)
HeatingThe type of heating system in the home.Forced Air
CoolingThe type of cooling or air conditioning in the home.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.
MEH
Archie Clayton Middle SchoolC+
Middle · Grades 6–8 · 2.1 mi
Elmcrest Elementary SchoolC-
Elementary · Grades KG–5 · 2.2 mi
Robert McQueen High SchoolB+
High · Grades 9–12 · 3.6 mi
District: Washoe County School District
Neighborhood · ZIP 89503These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.
CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.116
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.87
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.292
Index scale: 100 = US average (tick). Lower is better.
Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.92%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.21%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.18%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.8%
PopulationHow many people live in this area.28,352
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.4,321 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$64,567
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$87,710
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.10 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.79%
All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.
Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.
About 3945 Covington Way
How many units are in 3945 Covington Way, Reno, NV?
3945 Covington Way, Reno, NV has 3 residential units across built in 1974, according to county assessor records.
What is a unit at 3945 Covington Way, Reno, NV worth?
The median TopHap Estimate across the 3 units at 3945 Covington Way, Reno, NV is $214,148. That works out to $221 per square foot. Units run from 920 to 1,022 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.
Is 3945 Covington Way, Reno, NV expensive for Reno?
Units at 3945 Covington Way, Reno, NV carry a median of $221 per square foot, 26% below the Reno median of $299 per square foot.
How often do units sell at 3945 Covington Way, Reno, NV?
0 units at 3945 Covington Way, Reno, NV sold in the last 12 months, out of 2 recorded arms-length sales all time. That is a turnover rate of 0.0% of the building per year.
More homes on Covington Way Unit B
- 3915 Covington Way # A$197K2 bd · 1.5 ba · 1,022 ft² · Sold $198K · Apr 2025
- 3985 Covington Way # B$256K2 bd · 2 ba · 1,022 ft² · Sold $215K · Jul 2023
- 3845 Covington Way # A$240K1 bd · 1 ba · 732 ft² · Sold $168K · May 2022
- 3990 Covington Way # 1$266K2 bd · 1 ba · 920 ft² · Sold $155K · Jul 2020
- 3985 Covington Way # A$260K2 bd · 1 ba · 920 ft² · Sold $153K · Apr 2020
- 3970 Covington Way305 ft² · Sold $90K · Feb 2019
- 3875 Covington Way # A$180K1 ba · 484 ft² · Sold $90K · Feb 2019
- 3985 Covington Way # C$263K2 bd · 1.5 ba · 1,022 ft² · Sold $150K · Oct 2018
- 3945 Covington Way # A$203K2 bd · 1 ba · 920 ft² · Sold $140K · Jul 2017
- 3915 Covington Way # B$324K3 bd · 2.5 ba · 1,364 ft² · Sold $179K · Mar 2017
- 3945 Covington Way # C$274K2 bd · 1.5 ba · 1,022 ft² · Sold $9M · Jul 2014
- 3990 Covington Way # 2$264K2 bd · 1.5 ba · 1,022 ft² · Sold $9M · Jul 2014
Closest homes
- 3945 Covington Way Unit A$203K11 ft · 2 bd · 1 ba · 920 ft² · Sold $140K · Jul 2017
- 3945 Covington Way$274K23 ft · 2 bd · 1.5 ba · 1,022 ft² · Sold $9M · Jul 2014
- 3915 Covington Way$324K26 ft · 3 bd · 2.5 ba · 1,364 ft² · Sold $179K · Mar 2017
- Covington Ct # 13-326 ft · 620 ft² · Sold $179K · Mar 2017
- 3915 Covington Way$197K52 ft · 2 bd · 1.5 ba · 1,022 ft² · Sold $198K · Apr 2025
- 3965 Covington Way$299K60 ft · 3 bd · 1.5 ba · 1,176 ft² · Sold $9M · Jul 2014
- 3905 Covington Way$247K72 ft · 1 bd · 1 ba · 825 ft² · Sold $9M · Jul 2014
- 3905 Covington Way$198K81 ft · 1 bd · 1 ba · 732 ft² · Sold $11K · Oct 2011
More homes in Reno 89503
- 2910 Harding Cir$482K3 bd · 2 ba · 1,168 ft² · Sold $490K · Sep 2026
- 3575 Balboa Dr$375K3 bd · 2.5 ba · 1,264 ft² · Sold $375K · Sep 2026
- 450 N Arlington Ave$160K607 ft² · Sold $160K · Sep 2026
- 2942 Aspendale Dr$650K3 bd · 2.5 ba · 2,178 ft² · Sold $650K · Sep 2026
- 80 Anson Dr$464K3 bd · 2 ba · 2,134 ft² · Sold $460K · Sep 2026
- 1430 Ebbetts Dr$595K3 bd · 2 ba · 1,992 ft² · Sold $595K · Sep 2026
- 2975 Bryan St$539K3 bd · 2 ba · 1,359 ft² · Sold $539K · Sep 2026
- 1215 Rayburn Dr$300K3 bd · 2 ba · 1,194 ft² · Sold $300K · Sep 2026
- 128 Keystone Ave$420K2 bd · 1 ba · 784 ft² · Sold $420K · Sep 2026
- 2750 Gellert Dr$475K3 bd · 2 ba · 1,176 ft² · Sold $475K · Sep 2026
- 2770 Dana Kristin Ln$485K3 bd · 2.5 ba · 1,590 ft² · Sold $485K · Sep 2026
- 1600 Royal Dr$480K4 bd · 2.5 ba · 1,604 ft² · Sold $480K · Sep 2026
Assigned schools
Explore the area
See this home in context
Open 3945 Covington Way Unit B on TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.
Open in map