Big space, great upgrades, and no HOA! This 4-bedroom, 1.5-bath home in Lemmon Valley offers 1,144 sq. ft. of comfortable living on a generous 0.23-acre lot. The sewer line has been recently replaced! Enjoy remodeled bathrooms, an updated kitchen with granite countertops and stainless steel appliances, plus a great room designed for easy everyday living. Step outside to a wraparound Trex deck, landscaped yard, and mountain views. RV parking and no HOA give you added freedom and flexibility. With a 1-car garage and convenient access to schools, parks, shopping, and North Reno amenities, this home packs plenty of value inside and out!
Active
$425,000
225 Palace Dr, Reno, NV 89506
4beds
1,144sqft
Single Family Residence
Built in 1971
10,018 Square Feet Lot
$-- Zestimate®
$372/sqft
$-- HOA
What's special
Rv parkingMountain viewsLandscaped yardWraparound trex deckRemodeled bathrooms
- 12 hours
- 256
- 14
Zillow last checked:
Listing updated:
Listed by:
Paul Dunham B.146929 775-303-8656,
Elevate Realty
Source: NNRMLS,MLS#: 260011524
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Forced Air, Natural Gas
Cooling
- Evaporative Cooling
Appliances
- Included: Dishwasher, Microwave, Refrigerator
- Laundry: In Garage
Features
- Ceiling Fan(s), Master Downstairs
- Flooring: Carpet, Ceramic Tile, Wood
- Windows: Double Pane Windows, Low Emissivity Windows
- Has fireplace: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,144
- Total interior livable area: 1,144 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached, Garage, Garage Door Opener, RV Access/Parking
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Uncovered, Covered, Deck
- Exterior features: Rain Gutters
- Spa features: None
- Fencing: Back Yard,Front Yard,Full
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 10,018 Square Feet
- Features: Landscaped, Level, Sloped Up
Details
- Additional structures: None
- Parcel number: 08061405
- Zoning: MDS
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Crawl Space
- Roof: Composition,Pitched
Condition
- New construction: No
- Year built: 1971
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Cellular Coverage, Water Meter Installed
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Lemmon Valley Estates 4
HOA
- Has HOA: No
Location
- Region: Reno
Financial & listing details
- Price per square foot: $372/sqft
- Tax assessed value: $142,665
- Annual tax amount: $808
- Date on market: 9/4/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2026 | Listed for sale | $425,000+7.6%$372/sqft |
Source:  NNRMLS #260011524 Report a problem | ||
| 5/15/2025 | Sold | $395,000-1.2%$345/sqft |
Source: NNRMLS #250003341 Report a problem | ||
| 4/19/2025 | Pending sale | $399,900$350/sqft |
Source: NNRMLS #250003341 Report a problem | ||
| 4/16/2025 | Listed for sale | $399,900$350/sqft |
Source: NNRMLS #250003341 Report a problem | ||
| 4/13/2025 | Pending sale | $399,900$350/sqft |
Source: NNRMLS #250003341 Report a problem | ||
| 4/4/2025 | Price change | $399,900-1.7%$350/sqft |
Source: NNRMLS #250003341 Report a problem | ||
| 3/18/2025 | Listed for sale | $407,000+60.9%$356/sqft |
Source: NNRMLS #250003341 Report a problem | ||
| 2/27/2018 | Sold | $253,000-2.3%$221/sqft |
Source:  NNRMLS #170017569 Report a problem | ||
| 1/26/2018 | Pending sale | $259,000$226/sqft |
Source: Ferrari-Lund Real Estate Reno #170017569 Report a problem | ||
| 1/24/2018 | Price change | $259,000-2.1%$226/sqft |
Source: Ferrari-Lund Real Estate Reno #170017569 Report a problem | ||
| 1/4/2018 | Price change | $264,500-1.7%$231/sqft |
Source: Ferrari-Lund Real Estate Reno #170017569 Report a problem | ||
| 12/28/2017 | Listed for sale | $269,000+258.7%$235/sqft |
Source: Ferrari-Lund Real Estate Reno #170017569 Report a problem | ||
| 8/16/2010 | Sold | $75,000+0.1%$66/sqft |
Source: Public Record Report a problem | ||
| 5/13/2010 | Sold | $74,910-68.5%$65/sqft |
Source: Public Record Report a problem | ||
| 3/4/2005 | Sold | $238,000+33%$208/sqft |
Source: Public Record Report a problem | ||
| 10/14/2004 | Sold | $179,000+115.7%$156/sqft |
Source: Public Record Report a problem | ||
| 12/21/1993 | Sold | $83,000$73/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $808 +3% | $49,933 +1.4% |
| 2025 | $785 +2.7% | $49,231 +11.5% |
| 2024 | $764 +2.5% | $44,145 +4.8% |
| 2023 | $746 +8.6% | $42,123 +17.8% |
| 2022 | $687 +6.3% | $35,753 +25.1% |
| 2021 | $646 +5.2% | $28,585 -2.1% |
| 2020 | $614 -5% | $29,194 |
| 2019 | $646 +5.2% | $29,194 +21% |
| 2018 | $614 | $24,137 +0.8% |
| 2017 | -- | $23,949 +7.4% |
| 2016 | -- | $22,306 +4.4% |
| 2015 | -- | $21,376 +13.8% |
| 2014 | -- | $18,783 +19.2% |
| 2013 | -- | $15,756 |
| 2012 | -- | $15,756 -18.1% |
| 2011 | -- | $19,249 -6.9% |
| 2010 | -- | $20,670 -31.3% |
| 2009 | -- | $30,067 -7.6% |
| 2008 | -- | $32,550 -18.2% |
| 2007 | -- | $39,803 +27.1% |
| 2006 | -- | $31,308 +10.1% |
| 2005 | -- | $28,445 +7.7% |
| 2004 | -- | $26,422 +3.5% |
| 2003 | -- | $25,524 +1.1% |
| 2002 | -- | $25,239 |
| 2001 | -- | $25,239 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Lemmon Valley
Nearby schools
Schools provided by the listing agent
- Elementary: Lemmon Valley
- Middle: OBrien
- High: North Valleys
Source: NNRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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