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Single Family ResidenceResidential
$484,178$323 / 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 97How 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 $447,379 on Aug 26, 2022

505 PARADISE VALLEY RD

RENO, NV 89506
3
Beds
2
Baths
1,500 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.
4,350 ft²
Lot SizeThe size of the land the home sits on, from county records.
2022
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
1
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$484K
$468K low$500K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$447,379 · Aug 26, 2022
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.$130,920
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$104,736
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.74%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$353,258
WELLS FARGO BANK NA · recorded Aug 26, 2022

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,444 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$109,050 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$26,775
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$82,275
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$106,751
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$311,570

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.0.10
ConstructionThe main material the home's frame and walls are built from.Frame (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
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Porch · 40 ft²

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

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

E
Lemmon Valley Elementary SchoolB
Elementary · Grades KG–5 · 0.5 mi
M
William O'Brien Middle SchoolD+
Middle · Grades 6–8 · 2.3 mi
H
North Valleys High SchoolD
High · Grades 9–12 · 2.8 mi

District: Washoe County School District

Neighborhood · ZIP 89506These 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.72
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 100.297

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.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.15%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.10%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.6%
PopulationHow many people live in this area.46,491
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.471 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$79,082
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$100,657
Average tempThe average temperature here across a full year.48°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.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

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

505 Paradise Valley Rd 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 68% of homes in Washoe County
  • Costs more per square foot than 70% of homes in Reno 89506
  • Has a smaller lot than 83% of homes in Reno 89506
  • Newer than 96% of homes in Washoe County

What homes are worth in Reno 89506

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

This home
$244K$721K

This home is worth more than 62% of homes in Reno 89506.

How it measures up in Reno 89506

The dot is this home. The mark in the middle is the typical home in Reno 89506.

Estimated value$484,178
CheaperTypical $463,213Pricier

Pricier than 62% of homes nearby

Price per ft²$323
CheaperTypical $293Pricier

Pricier than 70% of homes nearby

Living area1,500 ft²
SmallerTypical 1,560 ft²Bigger

Bigger than 46% of homes nearby

Lot size4,350 ft²
SmallerTypical 0.17 acBigger

Bigger than 17% of homes nearby

Year built2022
OlderTypical 2001Newer

Newer than 94% of homes nearby

How 505 Paradise Valley Rd ranks against every home in each area.
MeasureThis homeReno 89506Washoe County
Estimated valuepricier than$484,17862% of homes32% of homes
Price per ft²pricier than$32370% of homes43% of homes
Living areabigger than1,500 ft²46% of homes36% of homes
Lot sizebigger than4,350 ft²17% of homes19% of homes
Year builtnewer than202294% of homes96% of homes

About 505 Paradise Valley Rd

How much is 505 Paradise Valley Rd, Reno, NV worth?

The TopHap Estimate for 505 Paradise Valley Rd, Reno, NV is $484,178 as of Jul 14, 2026. The likely range is $468,482 to $499,874. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 505 Paradise Valley Rd, Reno, NV last sell?

505 Paradise Valley Rd, Reno, NV last sold on Aug 26, 2022 for $447,379, according to the county's recorded deed.

How big is 505 Paradise Valley Rd, Reno, NV?

505 Paradise Valley Rd, Reno, NV has 3 bedrooms, 2 bathrooms, 1,500 square feet of living space and a 0.10-acre lot.

When was 505 Paradise Valley Rd, Reno, NV built?

505 Paradise Valley Rd, Reno, NV was built in 2022, making it 4 years old. The building has 1 story.

What schools serve 505 Paradise Valley Rd, Reno, NV?

505 Paradise Valley Rd, Reno, NV is assigned to Lemmon Valley Elementary School (elementary), rated B; William O'Brien Middle School (middle), rated D+; North Valleys High School (high), rated D. All sit in Washoe County School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 505 Paradise Valley Rd, Reno, NV compare to other homes in Reno 89506?

Among the 15,347 homes in Reno 89506, it is worth more than 62% of them ($484,178 against a typical $463,213), its price per square foot is higher than 70% of them ($323 against a typical $293), it is bigger than 46% of them (1,500 ft² against a typical 1,560 ft²), its lot is bigger than 17% of them (4,350 ft² against a typical 0.17 ac) and it is newer than 94% of them (2022 against a typical 2001). Measured against all of Washoe County, it is worth more than 32% 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 505 Paradise Valley Rd, Reno, NV?

The 2025 property tax bill for 505 Paradise Valley Rd, Reno, NV was $4,444. The county assessed it at $109,050.

Closest homes

More homes in Reno 89506

Assigned schools

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