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Single Family ResidenceResidential
$484,588$312 / 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 96How 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 $469,000 on Oct 8, 2021

540 MARGRAVE DR

RENO, NV 89502
3
Beds
2
Baths
1,552 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.
0.22 ac
Lot SizeThe size of the land the home sits on, from county records.
1947
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

$485K
$466K low$504K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$469,000 · Oct 8, 2021
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.$484,588
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$387,670

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$733 (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.$65,011 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$36,540
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$28,471
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$63,549
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$91,465

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyWASHOE
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1954
Lot (acres)The size of the land the home sits on, from county records.0.22
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 With Air Conditioning
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
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.Shed · 140 ft²Porch · 48 ft²

Transaction History(6)

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
Echo Loder Elementary SchoolC
Elementary · Grades KG–5 · 0.1 mi
M
E. Otis Vaughn Middle SchoolD
Middle · Grades 6–8 · 0.7 mi
H
Earl Wooster High SchoolC
High · Grades 9–12 · 0.7 mi

District: Washoe County School District

Neighborhood · ZIP 89502These 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.119
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 100.284

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.13%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.14%
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.46,975
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,681 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$60,973
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$75,716
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.9 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.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

540 Margrave Dr 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 more than 68% of homes in South Virginia Street
  • Costs less per square foot than 65% of homes in South Virginia Street
  • Bigger than 69% of homes in South Virginia Street
  • Has a bigger lot than 88% of homes in South Virginia Street
  • Older than 97% of homes in South Virginia Street

What homes are worth in Reno 89502

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

This home
$159K$1M

This home is worth more than 59% of homes in Reno 89502.

How it measures up in Reno 89502

The dot is this home. The mark in the middle is the typical home in Reno 89502.

Estimated value$484,588
CheaperTypical $454,478Pricier

Pricier than 59% of homes nearby

Price per ft²$312
CheaperTypical $331Pricier

Pricier than 39% of homes nearby

Living area1,552 ft²
SmallerTypical 1,262 ft²Bigger

Bigger than 65% of homes nearby

Lot size0.22 ac
SmallerTypical 0.15 acBigger

Bigger than 81% of homes nearby

Year built1947
OlderTypical 1977Newer

Newer than 8% of homes nearby

How 540 Margrave Dr ranks against every home in each area.
MeasureThis homeSouth Virginia StreetReno 89502Washoe County
Estimated valuepricier than$484,58868% of homes59% of homes32% of homes
Price per ft²pricier than$31235% of homes39% of homes37% of homes
Living areabigger than1,552 ft²69% of homes65% of homes39% of homes
Lot sizebigger than0.22 ac88% of homes81% of homes63% of homes
Year builtnewer than19473% of homes8% of homes4% of homes

About 540 Margrave Dr

How much is 540 Margrave Dr, Reno, NV worth?

The TopHap Estimate for 540 Margrave Dr, Reno, NV is $484,588 as of Jul 14, 2026. The likely range is $465,622 to $503,554. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 540 Margrave Dr, Reno, NV last sell?

540 Margrave Dr, Reno, NV last sold on Oct 8, 2021 for $469,000, according to the county's recorded deed.

How big is 540 Margrave Dr, Reno, NV?

540 Margrave Dr, Reno, NV has 3 bedrooms, 2 bathrooms, 1,552 square feet of living space and a 0.22-acre lot.

When was 540 Margrave Dr, Reno, NV built?

540 Margrave Dr, Reno, NV was built in 1947, making it 79 years old. The building has 1 story.

What schools serve 540 Margrave Dr, Reno, NV?

540 Margrave Dr, Reno, NV is assigned to Echo Loder Elementary School (elementary), rated C; E. Otis Vaughn Middle School (middle), rated D; Earl Wooster High School (high), rated C. All sit in Washoe County School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 540 Margrave Dr, Reno, NV compare to other homes in Reno 89502?

Among the 9,669 homes in Reno 89502, it is worth more than 59% of them ($484,588 against a typical $454,478), its price per square foot is higher than 39% of them ($312 against a typical $331), it is bigger than 65% of them (1,552 ft² against a typical 1,262 ft²), its lot is bigger than 81% of them (0.22 ac against a typical 0.15 ac) and it is newer than 8% of them (1947 against a typical 1977). 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 540 Margrave Dr, Reno, NV?

The 2025 property tax bill for 540 Margrave Dr, Reno, NV was $733. The county assessed it at $65,011.

Closest homes

More homes in Reno 89502

Assigned schools

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