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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
$700K
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.
$223
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

-23.5%vs the Reno ZIP median sale $/ft² ($292)

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
Recurring 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 bd · 2 ba · 1,022 ft²
2 units
One-off layouts
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.12.2 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.

Unit AJul 13, 2017$140,000Unit BFeb 23, 2007$159,000

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.

M
Archie Clayton Middle SchoolC+
Middle · Grades 6–8 · 2.1 mi
E
Elmcrest Elementary SchoolC-
Elementary · Grades KG–5 · 2.2 mi
H
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.

3945 Covington Way Unit A
2 bd · 1 ba · 920 ft²
$205K
3945 Covington Way Unit B
2 bd · 2 ba · 1,022 ft²
$214K
3945 Covington Way
2 bd · 1.5 ba · 1,022 ft²
$281K

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 $213,880. That works out to $223 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 $223 per square foot, 24% below the Reno median of $292 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.

What floor plans does 3945 Covington Way, Reno, NV have?

The most common plan at 3945 Covington Way, Reno, NV is a 2-bedroom of 1,022 square feet, repeated 2 times, with a median estimate of $247,234. TopHap identifies 1 recurring plans in the building.

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