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Single Family ResidenceResidential
$575,671$240 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 92How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $550,000 on Feb 26, 2016

1221 CHANCE LN

RENO, NV 89521
0
Baths
2,400 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
5 ac
Lot SizeThe size of the land the home sits on, from county records.
2001
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$576K
$532K low$620K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$550,000 · Feb 26, 2016
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$575,671
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$460,537

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,306 (2026)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$112,992 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$70,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$42,992
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$106,889
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$323,469

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.37
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
81
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
52
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
27
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
27
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyWASHOE
Lot (acres)The size of the land the home sits on, from county records.5.00
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
HeatingThe type of heating system in the home.None
CoolingThe type of cooling or air conditioning in the home.None
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.Guest house

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

H
Galena High SchoolB
High · Grades 9–12 · 3.0 mi
E
Pleasant Valley Elementary SchoolB
Elementary · Grades KG–5 · 3.3 mi
M
Marce Herz Middle SchoolA-
Middle · Grades 6–8 · 4.3 mi

District: Washoe County School District

Neighborhood · ZIP 89521These 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.67
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.95
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.274

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.29%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.7.7%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.5%
PopulationHow many people live in this area.42,832
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.355 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$110,306
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$137,433
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.15 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.79%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Absentee owner
Company ownedWhether the owner is a company or trust rather than a person.Yes

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

How this home compares

1221 Chance Ln measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 82% of homes in Reno 89521
  • Among the lowest price per square foot in Reno 89521
  • Bigger than 78% of homes in Washoe County
  • Has a bigger lot than 98% of homes in Reno 89521
  • Older than 72% of homes in Reno 89521

What homes are worth in Reno 89521

Each bar is how many homes fall in that price range. The marker is this home.

This home
$379K$1.4M

This home is worth more than 18% of homes in Reno 89521.

How it measures up in Reno 89521

The dot is this home. The mark in the middle is the typical home in Reno 89521.

Estimated value$575,671
CheaperTypical $723,618Pricier

Pricier than 18% of homes nearby

Price per ft²$240
CheaperTypical $357Pricier

Cheaper than almost all homes nearby

Living area2,400 ft²
SmallerTypical 2,036 ft²Bigger

Bigger than 70% of homes nearby

Lot size5 ac
SmallerTypical 0.17 acBigger

Bigger than 98% of homes nearby

Year built2001
OlderTypical 2005Newer

Newer than 28% of homes nearby

How 1221 Chance Ln ranks against every home in each area.
MeasureThis homeReno 89521Washoe County
Estimated valuepricier than$575,67118% of homes50% of homes
Price per ft²pricier than$240almost no homes6% of homes
Living areabigger than2,400 ft²70% of homes78% of homes
Lot sizebigger than5 ac98% of homes98% of homes
Year builtnewer than200128% of homes65% of homes

About 1221 Chance Ln

How much is 1221 Chance Ln, Reno, NV worth?

The TopHap Estimate for 1221 Chance Ln, Reno, NV is $575,671 as of Jul 14, 2026. The likely range is $531,643 to $619,699. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1221 Chance Ln, Reno, NV last sell?

1221 Chance Ln, Reno, NV last sold on Feb 26, 2016 for $550,000, according to the county's recorded deed.

How big is 1221 Chance Ln, Reno, NV?

1221 Chance Ln, Reno, NV has 2,400 square feet of living space and a 5.00-acre lot.

When was 1221 Chance Ln, Reno, NV built?

1221 Chance Ln, Reno, NV was built in 2001, making it 25 years old. The building has 1 story.

What schools serve 1221 Chance Ln, Reno, NV?

1221 Chance Ln, Reno, NV is assigned to Galena High School (high), rated B; Pleasant Valley Elementary School (elementary), rated B; Marce Herz Middle School (middle), rated A-. All sit in Washoe County School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1221 Chance Ln, Reno, NV compare to other homes in Reno 89521?

Among the 15,903 homes in Reno 89521, it is worth more than 18% of them ($575,671 against a typical $723,618), its price per square foot is higher than almost none of them ($240 against a typical $357), it is bigger than 70% of them (2,400 ft² against a typical 2,036 ft²), its lot is bigger than 98% of them (5 ac against a typical 0.17 ac) and it is newer than 28% of them (2001 against a typical 2005). Measured against all of Washoe County, it is worth more than 50% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1221 Chance Ln, Reno, NV?

The 2026 property tax bill for 1221 Chance Ln, Reno, NV was $3,306. The county assessed it at $112,992.

Closest homes

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Assigned schools

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