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CondominiumResidential

4985 W 7th St

RENO, NV 89503
44 ft²
Lot SizeThe size of the land the home sits on, from county records.
1986
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
Built 198618 units919–919 ft²
$4.3M
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.
$293K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$318
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

+10.9%vs the Reno ZIP median sale $/ft² ($287)

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.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
+2.9%per yeartypical hold 4.7 yrsfrom 48 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
19881992199820022007201320172024
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
19881992199820022007201320172024

67 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.

Every unit: size vs estimated valueEvery unit in the building as one dot: across is its size, up is our current value estimate, and color is its bedroom count. Vertical columns of dots are recurring floor plans; the height spread within a column shows how much floor, view and condition move prices for the same layout.
$265K$279K$293K$308K919 ft²919 ft²919 ft²919 ft²919 ft²919 ft²
2 bd
2 bed
18 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 · 919 ft²
10 units
2 bd · 1.5 ba · 919 ft²
8 units

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.

$265K–$269K
2 units
$277K–$277K
4 units
$282K–$282K
1 unit
$293K–$294K
3 units
$303K–$308K
5 units

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.24%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.56%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.9.5 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.0%
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.44%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$277,728
Median tax billThe middle annual property tax bill among the building's units.$536
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 7Jan 19, 2024$265,000Unit 14Nov 5, 2021$229,500Unit 9Feb 12, 2021$192,150Unit 4Nov 6, 2020$185,000Unit 6Apr 28, 2020$175,000Unit 2Jul 16, 2018$149,000Unit 6Jun 13, 2018$152,500Unit 9Oct 6, 2017$145,000Unit 1Jul 20, 2017$136,000Unit 10May 31, 2017$135,000

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
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.Composition Shingle
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
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Porch · 36 ft²

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Grace Warner Elementary SchoolC-
Elementary · Grades KG–5 · 0.7 mi
M
Archie Clayton Middle SchoolC+
Middle · Grades 6–8 · 0.9 mi
H
Robert McQueen High SchoolB+
High · Grades 9–12 · 1.1 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.

4985 W 7th St Apt 1
2 bd · 2 ba · 919 ft²
$293K
4985 W 7th St Apt 2
2 bd · 2 ba · 919 ft²
$277K
4985 W 7th St Apt 3
2 bd · 2 ba · 919 ft²
$277K
4985 W 7th St Apt 4
2 bd · 2 ba · 919 ft²
$293K
4985 W 7th St Apt 5
2 bd · 2 ba · 919 ft²
$277K
4985 W 7th St # 6
2 bd · 1.5 ba · 919 ft²
$282K
4985 W 7th St
2 bd · 1.5 ba · 919 ft²
$294K
4985 W 7th St Apt 8
2 bd · 2 ba · 919 ft²
$277K
4985 W 7th St
2 bd · 1.5 ba · 919 ft²
$308K
4985 W 7th St Apt 10
2 bd · 2 ba · 919 ft²
4985 W 7th St # 11
2 bd · 1.5 ba · 919 ft²
4985 W 7th St Apt 12
2 bd · 2 ba · 919 ft²
$303K
4985 W 7th St # 13
2 bd · 1.5 ba · 919 ft²
$265K
4985 W 7th St # 14
2 bd · 1.5 ba · 919 ft²
$269K
4985 W 7th St # 15
2 bd · 1.5 ba · 919 ft²
$304K
4985 W 7th St # 16
2 bd · 1.5 ba · 919 ft²
4985 W 7th St Apt 17
2 bd · 2 ba · 919 ft²
$304K
4985 W 7th St Apt 18
2 bd · 2 ba · 919 ft²
$303K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 4985 W 7th St

How many units are in 4985 W 7th St, Reno, NV?

4985 W 7th St, Reno, NV has 18 residential units across built in 1986, according to county assessor records.

What is a unit at 4985 W 7th St, Reno, NV worth?

The median TopHap Estimate across the 18 units at 4985 W 7th St, Reno, NV is $292,533. That works out to $318 per square foot. Units run from 919 to 919 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 4985 W 7th St, Reno, NV expensive for Reno?

Units at 4985 W 7th St, Reno, NV carry a median of $318 per square foot, 11% above the Reno median of $287 per square foot.

How often do units sell at 4985 W 7th St, Reno, NV?

0 units at 4985 W 7th St, Reno, NV sold in the last 12 months, out of 67 recorded arms-length sales all time. That is a turnover rate of 0.0% of the building per year.

Have units at 4985 W 7th St, Reno, NV appreciated?

Across 48 repeat sales of the same unit, 4985 W 7th St, Reno, NV returned a median 2.9% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 4.7 years.

What floor plans does 4985 W 7th St, Reno, NV have?

The most common plan at 4985 W 7th St, Reno, NV is a 2-bedroom of 919 square feet, repeated 10 times, with a median estimate of $292,533. TopHap identifies 2 recurring plans in the building.

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