owner information - loopnet

APN: 011-331-06Washoe County

Ahmad Ishtiaq25 La Rue Ave, Reno, NV 89509

Owner Information

Primary Owner: AHMAD ISHTIAQ Secondary Owner:

Mail Address: 3542 SUNNYBROOK CTSPARKS NV 89436

Site Address: 25 LA RUE AVERENO NV 89509

Assessor Parcel Number: 011-331-06 Phone:

Census Tract: 0003.00 Housing Tract Number: 4133

Lot Number: Page Grid:

Legal description: Tract No: 4133 Abbreviated Description: SUBD:REVERSION TR#:4133 REV TR 4133

Property Characteristics

Bedrooms: Year Built: 1948

Bathrooms: Garage:

Partial Baths: Fire Place:

Total Rooms: Lot Size: 13,600 SF

Square Feet: 3,254 SF Property Type: Commercial

Owner Exclusions:

Number of Units: 2 Use Code: Store/Office (Mixed Use)

No of Stories: 1 Latitude: 39.516446

Building Style: Longitude: -119.808809

Pool: Zoning: MUSV

Sale & Loan Information

Transfer Date: 05/15/2001 Seller: SOLARI PROPERTIES LLC

Transfer Value: $350,000 Document #: 2553479

Cost/SF: $107 First Loan Amount: $315,000

Sale Type: Title Company: FIRST AMERICAN TITLE

Lender: SOLARI PROPERTIES LLC

Assessment & Tax Information

Assessed Value: $97,276 Percent Improvement: 41.28%

Land Value: $57,120 Tax Amount: $3,583.78

Improvement Value: $40,156 Tax Account ID:

Homeowner Exemption: Tax Rate Area: 1002

Tax Status: Delinquent: 2014 Tax Year: 2016

Market Improvement Value: $114,730 Market Land Value: $163,200

Market Value: $277,930

Aerial Map



Mortgage Release

Recording Date: 10/17/2017 Document #: 4754228 BK-PG -

Loan Amount: N/A Document Type: Full Release With LegalDescription

Original Lender: NEVADA STATE BANK Origination Doc #: 3031159 BK-PG -

Borrowers Name: ISHTIAQ AHMAD AND ROBINA S AHMED, HUSBAND AND WIFE, AS JOINT TENANTS

Origination Recording Date: 04/30/2004 Effective Date: 10/16/2017

Current Lender: NEVADA STATE BANK

Mortgage Record


Loan Amount: $50,000 Loan Type: Commercial Loan

TD Due Date: Type of Financing: Variable

Interest Rate:

Lender Name: UNITED FCU

Lender Type: Credit Union

Borrowers Name: AHMED, ROBINA; AHMED, ISHTIAQ

Vesting:

Mortgage Record



TD Due Date: Type of Financing:

Interest Rate:

Lender Name: UNITED FCU

Lender Type: Credit Union

Borrowers Name: AHMAD, ISHTIAQ; AHMAD, ROBINA

Vesting:

Prior Transfer


Price: N/A Document Type: Quit Claim Deed

First TD: N/A Type of Sale: Non-Arms Length Transfer

Mortgage Doc #: Interest Rate:

Lender Name:

Buyer Name: AHMAD, ISHTIAQ; AHMAD, ROBINA S

Buyer Vesting:

Seller Name: KAUR, SURINDER; SINGH, MALKIT

Legal description: Lot: 3&4 Block: 2

Mortgage Record



TD Due Date: Type of Financing: Variable

Interest Rate:

Lender Name: NEVADA STATE BANK

Lender Type: Bank

Borrowers Name: AHMAD, ISHTIAQ; AHMED, ROBINA S

Vesting: Joint Tenants

Mortgage Record


Loan Amount: $315,000 Loan Type: Seller Take-back

TD Due Date: Type of Financing:

Interest Rate:

Lender Name: SOLARI PROPERTIES LLC

Lender Type: Seller

Borrowers Name: AHMAD, ISHTIAQ; AHMED, ROBINA S

Vesting: Joint Tenants

Prior Transfer


Price: $350,000 Document Type: Bargain And Sale Deed

First TD: $315,000 Type of Sale: Full-Computed From Transfer Tax

Mortgage Doc #: 2553480 Interest Rate:

Lender Name: SOLARI PROPERTIES LLC

Buyer Name: AHMAD, ISHTIAQ; AHMED, ROBINA S

Buyer Vesting: Joint Tenants

Seller Name: SOLARI PROPERTIES LLC


Prior Transfer

Recording Date: 12/22/1998 Document #: 2288825 BK-PG 005510-00992

Price: N/A Document Type: Quit Claim Deed

First TD: N/A Type of Sale:


Lender Name:

Buyer Name: SOLARI PROPERTIES LLC

Buyer Vesting:

Seller Name: SOLARI, JULIE; ACQUAFONDATA, JULIE SOLARI


Prior Transfer


Price: $34,500 Document Type: Quit Claim Deed

First TD: N/A Type of Sale: Full-Computed From Transfer Tax


Lender Name:


Buyer Vesting:

Seller Name: SOLARI, ALBERT B


Prior Transfer


Price: $34,500 Document Type: Quit Claim Deed

First TD: N/A Type of Sale: Full-Computed From Transfer Tax


Lender Name:


Buyer Vesting:

Seller Name: SOLARI, ELMER C




Color Legend: Full Transfer Arms-Length (F) REO/TSG Sales (R) Bank Sold (B) Distressed (D)

Quick View

No. Type Address Date Price S/SF Bld/Area RM/BR/Bth YB Lot Area Pool Proxim.

Subject Property 01/22/2010 N/A N/A 3,254 // 1948 13,600 SF

1 F 1128 E 4TH ST 02/01/2017 $250,000 $85 2,923 // 1968 4,879 SF 1.25 Mi.

2 F 1483 E 4TH ST 08/24/2017 $100,000 $34 2,900 // 1925 8,276 SF 1.44 Mi.

3 F 1010 E COMMERCIAL ROW 06/02/2017 $975,000 $290 3,352 // 1953 124,582 SF 1.04 Mi.

4 F 314 VASSAR ST 02/24/2017 $427,500 $139 3,056 // 1960 10,803 SF .43 Mi.

5 F 1330 S WELLS AVE 10/07/2016 $255,000 $81 3,114 // 1960 3,703 SF .42 Mi.

6 F 1330 S WELLS AVE 07/22/2016 $234,000 $75 3,114 // 1960 3,703 SF .42 Mi.

7 F 1510 S WELLS AVE 07/13/2016 $375,000 $109 3,430 // 1971 6,882 SF .53 Mi.

8 F 1111 FOREST ST 08/24/2016 $432,000 $135 3,200 // 1977 9,714 SF .26 Mi.

9 F 1940 PRATER WAY 08/02/2016 $350,000 $105 3,304 // 1950 32,409 SF 2.55 Mi.

Detailed View

No. Type Address Date Price S/SF Bld/Area RM/BR/Bth YB Lot Area Pool Proxim.

Subject Property 01/22/2010 N/A N/A 3,254 // 1948 13,600 SF

1 F 1128 E 4TH STRENO, NV 89512-3506

02/01/2017 $250,000 $85 2,923 // 1968 4,879 SF 1.25 Mi.

APN: 008-262-05 Document #: 4676171 Document Type:BS Price Code: R

Property Type: Commercial Land Use: Store/Office (mixed use)

Legal: Lot:5 Block:5 Subdivision:MORRILL SMITH ADDITION City/Muni/Twp:RENO

Buyer Name: 54 PROPERTIES LLC

Seller Name: JAVELIN PROPERTIES LLC

Loan Amount: N/A Lender Name:

2 F 1483 E 4TH STRENO, NV 89512-3702

08/24/2017 $100,000 $34 2,900 // 1925 8,276 SF 1.44 Mi.

APN: 008-267-18 Document #: 4736996 Document Type:Trustee's Deed Price Code: D


Legal: Lot:3 Block:9 Subdivision:MORRILL SMITH ADDITION TO RENO MapRef:MAP68

Buyer Name: WOOD, AILEEN J BOGGS, KAREN

Seller Name: RENTERIA, RUBEN


3 F 1010 E COMMERCIAL ROWRENO, NV 89512-3606

06/02/2017 $975,000 $290 3,352 // 1953 124,582 SF 1.04 Mi.



Legal: Lot:3 Sec/Twnship/Range:SE4NW4 S12T19NR19E MDB&M

Buyer Name: RIVERWATCH DEVELOPMENT LLC

Seller Name: BASTA INVESTMENT COMPNY LLC

Loan Amount: N/A Lender Name:BASTA INVESTMENT CO LLC

4 F 314 VASSAR STRENO, NV 89502-2910

02/24/2017 $427,500 $139 3,056 // 1960 10,803 SF .43 Mi.



Legal: Lot:2 Block:A Subdivision:SOUTHSIDE SUBDIVISION MapRef:E2 W2

Buyer Name: DOUGLASS, PATRICK E DOUGLASS, ANGELINE A

Seller Name: DG EXCEL INVESTMENT INC


5 F 1330 S WELLS AVERENO, NV 89502-2915

10/07/2016 $255,000 $81 3,114 // 1960 3,703 SF .42 Mi.



Legal: Lot:1 Block:A Subdivision:SOUTHSIDE SUBDIVISION Abbreviated Description:N150 FT LOT 1

Buyer Name: SHUD PROPERTIES LLC

Seller Name: VAN, KIET TRUNG VNGO, DUNG THI


6 F 1330 S WELLS AVE 07/22/2016 $234,000 $75 3,114 // 1960 3,703 SF .42 Mi.

RENO, NV 89502-2915

APN: 013-371-25 Document #: 4613377 Document Type:Deed Price Code: R


Legal: Lot:1 Block:A Subdivision:SOUTHSIDE SUBDIVISION Abbreviated Description:S50 FT N150 FT LOT 1

Buyer Name: VN, KIET TRUNG NGO, DUNG THI

Seller Name: WESTERN TITLE COMPANY LLC


7 F 1510 S WELLS AVERENO, NV 89502-2949

07/13/2016 $375,000 $109 3,430 // 1971 6,882 SF .53 Mi.



Legal: Lot:1 Block:E Subdivision:SOUTHSIDE SUBDIVISION Abbreviated Description:N2 LOT 1

Buyer Name: PIRTLE, DAVID

Seller Name: PATTERSON, KATHERINE PATTERSON, KATHERINE


8 F 1111 FOREST STRENO, NV 89509-2708

08/24/2016 $432,000 $135 3,200 // 1977 9,714 SF .26 Mi.

APN: 014-053-15 Document #: 4625430 Document Type:BS Price Code: D


Legal: Lot:5&6 Block:A Subdivision:MARSHALL ADDITION City/Muni/Twp:RENO

Buyer Name: BONANZA REPORTING & VIDEOCONFERENCE CENT

Seller Name: FOREST STREET LLC

Loan Amount: $420,600 Lender Name:WELLS FARGO BANK NA

9 F 1940 PRATER WAYSPARKS, NV 89431-4713

08/02/2016 $350,000 $105 3,304 // 1950 32,409 SF 2.55 Mi.



Legal: Lot:8S

Buyer Name: KUHN, LORENZ S KUHN, KAMALA Y

Seller Name: MCCLURE, SHIRLEY L MCCLURE 1992 FAMILY TRUST


Area Sales Analysis

Total Area Sales: 9 Median # of Bedrooms:

Median Lot Size: 8,276 SF Median # of Baths:

Median Living Area: 3,114 SF Median Year Built: 1960

Price Range - 2 Yrs: $100,000 To $975,000 Age Range: 40 Years To 92 Years

Median Value: $350,000 Median Age: 57 Years

Click here to get the map in PDFClick here to get the map in TIF



Neighborhood Foreclosure Activity

107/24/2017195 N VIRGINIA STRENO, NV 89501

2. Notice of Sale (aka Notice of Trustee's Sale): 06/30/2017Auction Date: 07/26/20171202 HILLBORO AVERENO, NV 89512



AHMAD ISHTIAQ25 LA RUE AVERENO NV 89509APN: 011-331-06 Tel:Bedrooms: Bathrooms:Square Feet: 3,254 SF Lot Size: 13,600 SFYear Built: 1948 Garage:

KEMPER BILL G813 S VIRGINIA STRENO NV 89502APN: 011-331-05 Tel:Bedrooms: 2 Bathrooms: 1Square Feet: 992 SF Lot Size: 4,008 SFYear Built: 1928 Garage: D

MARMOT INVESTMENTS LF LLC,12 W TAYLOR STRENO NV 89509APN: 011-331-03 Tel:Bedrooms: 2 Bathrooms: 1Square Feet: 824 SF Lot Size: 4,008 SFYear Built: 1926 Garage:

MARMOT INVESTEMENTS LF LLC,22 W TAYLOR STRENO NV 89509APN: 011-331-02 Tel:Bedrooms: 2 Bathrooms: 1Square Feet: 988 SF Lot Size: 4,008 SFYear Built: 1926 Garage: D

948 PLUMAS LLC,805 S VIRGINIA STRENO NV 89502APN: 011-331-04 Tel:Bedrooms: Bathrooms: 1Square Feet: 1,419 SF Lot Size: 4,008 SFYear Built: 1928 Garage:

GRUNDMEYER PROPERTIES LLC901 S VIRGINIA STRENO NV 89502APN: 011-332-02 Tel:Bedrooms: Bathrooms:Square Feet: Lot Size: 8,015 SFYear Built: Garage:

LIM, DIONNE C; THE DIONNE C LIM FAMILY TRUST,43 LA RUE AVERENO NV 89509APN: 011-331-07 Tel:Bedrooms: 2 Bathrooms: 1Square Feet: 953 SF Lot Size: 5,097 SFYear Built: 1927 Garage: D

GRUNDMEYER PROPERTIES LLCS VIRGINIA ST89502APN: 011-332-03 Tel:Bedrooms: Bathrooms:Square Feet: 480 SF Lot Size: 8,015 SFYear Built: 1965 Garage:

948 PLUMAS LLC,800 HASKELL STRENO NV 89509APN: 011-331-01 Tel:Bedrooms: Bathrooms:Square Feet: 16,800 SF Lot Size: 14,000 SFYear Built: 1958 Garage:

GERKEN POINT LOMA LLC,95 LA RUE AVERENO NV 89509APN: 011-331-08 Tel:Bedrooms: Bathrooms:Square Feet: 2,162 SF Lot Size: 5,097 SFYear Built: 2002 Garage:

BARNES FAMILY TRUST888 S VIRGINIA STRENO NV 89502APN: 011-333-12 Tel:Bedrooms: Bathrooms:Square Feet: 7,000 SF Lot Size: 7,013 SFYear Built: 1941 Garage:

SULLIVAN TRUST MARCIA A902 S VIRGINIA STRENO NV 89502APN: 011-334-01 Tel:Bedrooms: Bathrooms:Square Feet: 1,316 SF Lot Size: 6,490 SFYear Built: 1961 Garage:

WALTON TRUST VERNE M & SUSAN B40 LA RUE AVERENO NV 89509APN: 011-332-01 Tel:Bedrooms: 12 Bathrooms: 12

SINGH SUKHWANT852 S VIRGINIA STRENO NV 89502APN: 011-333-13 Tel:Bedrooms: 8 Bathrooms: 4

Square Feet: 6,400 SF Lot Size: 11,979 SFYear Built: 1986 Garage:

Square Feet: 2,480 SF Lot Size: 7,013 SFYear Built: 1926 Garage:

SAMPURAN HOTELS INC,777 S VIRGINIA STRENO NV 89501APN: 011-272-20 Tel:Bedrooms: Bathrooms:Square Feet: 8,997 SF Lot Size: 11,195 SFYear Built: 1960 Garage:



Population ZIP 89509 National

2000 34,121 281,421,906

2009 35,555 309,731,508

2014 36,461 324,062,684

Growth Rate 0.4 % 1.0 %

Households ZIP 89509 National

2000 15,658 105,480,101

2009 16,503 116,523,156

2014 16,955 122,109,448

Household Growth Rate 0.6 % 1.1 %

Families ZIP 89509 National

2000 8,592 71,787,347

2009 8,612 77,956,117

Age Distribution ZIP 89509 National

0-4 5.1 % 6.8 %

5-9 4.8 % 6.7 %

10-14 4.9 % 6.6 %

15-19 5.3 % 7.1 %

20-24 6.5 % 6.9 %

25-44 24.1 % 27.0 %

45-64 30.4 % 26.0 %

65-84 15.8 % 10.9 %

Median Age ZIP 89509 National

2009 44.5 36.9

Male Ratio 49.0 % 49.2 %

Household Income ZIP 89509 National

% < $25K 17.9 % 20.9 %

% $25K-50K 23.1 % 24.4 %

% $50K-100K 33.9 % 35.3 %

% $100K-150K 14.0 % 11.7 %

Median Household Income ZIP 89509 National

2009 $61,699.00 $54,719.00

2014 $63,220.00 $56,938.00

Household Income Centile ZIP 89509 National

National 80.0 %



MOUNT ROSE ELEMENTARY SCHOOL .40 mile from subject property

915 LANDER STRENO, NV 89509-2052775-333-5030

• Prekindergarten - Grade 6• Student Teacher Ratio: 1:18.2• Full Time Equivalent Administrators: 15.50

Grade Membership

KDGN GR - 1 GR - 2 GR - 3 GR - 4 GR - 5 GR - 6 Total

36 39 40 35 39 47 32 282

VETERANS MEMORIAL ELEMENTARY SCHOOL .54 mile from subject property

1200 LOCUST STRENO, NV 89502-2563775-333-5090

• Prekindergarten - Grade 6• Student Teacher Ratio: 1:15.6• Full Time Equivalent Administrators: 27.00

Grade Membership

KDGN GR - 1 GR - 2 GR - 3 GR - 4 GR - 5 GR - 6 Total

66 58 62 65 61 53 56 421

WASHOE MIDDLE SCHOOL .96 mile from subject property

778 WEST 2ND STRENO, NV 89509-775-333-5020

• Grade 7 - Grade 8• Student Teacher Ratio: N/A• Full Time Equivalent Administrators: N/A

Grade Membership

GR - 7 GR - 8 Total

5 12 17

RAINSHADOW COMMUNITY CHARTER HIGH .48 mile from subject property

121 VESTA STRENO, NV 89502-775-322-5566

• Grade 9 - Grade 12• Student Teacher Ratio: 1:19.7• Full Time Equivalent Administrators: 6.00

Grade Membership

GR - 9 GR - 10 GR - 11 GR - 12 Total

8 27 36 47 118

WASHOE COUNTY SCHOOL DISTRICT

BOX BUTTE 30425RENO , NV 89520-2800TEL: 775-348-0200

Grade Span PK- 12

Pupil Teacher Ratio: 18.9:1

Total Enrollment: 64,838

Number of High School Graduates: N/A

Number of Teachers: 3428.5

Number of Teacher Aids: N/A

Number of Guidance Counselors: 159.2

Number of School Administrators: 172.5

Number of Schools : 110

About School Report

Public SchoolsThe Public School Report lists schools closest to the subject property. For a complete listing of schools in your area, please go tohttp://www.nces.ed.gov/globallocator.

API IndexThe Academic Performance Index (API) measures academic performance and growth of schools, which includes results of theStanford 9. The API reports a numeric scale that ranges from 200 to 1000. A school's score or position on the API indicates thelevel of a school's performance.



LITTLE GOLDEN GOOSE .23 mile from subject property

273 CHENEY STREETRENO, NV 89502-0901775-322-0108Gender: Coed

• Prekindergarten - Kindergarten• Nonsectarian• Student Teacher Ratio: 1:14.0• Full Time Equivalent Administrators: 1

Grade Membership

PK KDGN Total 35 14 49

HOLY CHILD DAY HOME .39 mile from subject property

440 RENO AVENUERENO, NV 89509-2036775-329-2979Gender: Coed

• Prekindergarten - Kindergarten• Roman Catholic• Student Teacher Ratio: 1:50.0• Full Time Equivalent Administrators: 1

Grade Membership


CHILD GARDEN .39 mile from subject property

455 HILL STREETRENO, NV 89501-1813775-322-3471Gender: Coed


Grade Membership


OUR LADY OF THE SNOWS SCHOOL .41 mile from subject property

1125 LANDER STREETRENO, NV 89509-2034775-322-2773Gender: Coed

• Kindergarten - Grade 8• Roman Catholic• Student Teacher Ratio: 1:21.5• Full Time Equivalent Administrators: 13.9

Grade Membership

KDGN GR - 1 GR - 2 GR - 3 GR - 4 GR - 5 GR - 6 GR - 7 GR - 8 Total

25 32 34 33 35 35 35 35 35 299

CHILD & FAMILY RESEARCH CENTER .60 mile from subject property

MAIL STOP 141RENO, NV 89557-0001775-784-6762Gender: Coed


Grade Membership


RENO CHRISTIAN ACADEMY .94 mile from subject property

PO BOX 70723RENO, NV 89570-0723775-331-0909Gender: Coed

• Kindergarten - Grade 11• Christian (no specific denomination)• Student Teacher Ratio: 1:12.5• Full Time Equivalent Administrators: 10.5

Grade Membership

KDGN GR - 1 GR - 2 GR - 3 GR - 4 GR - 5 GR - 6 GR - 7 GR - 8 GR - 9 GR - 10 GR - 11 Total

26 14 22 14 16 10 9 7 4 3 5 1 131

ST JOHN'S CHILDREN'S CENTER 1.20 miles from subject property

1070 W PLUMB LANERENO, NV 89509-3633775-826-4655Gender: Coed

• Prekindergarten - Kindergarten• Presbyterian• Student Teacher Ratio: 1:9.4• Full Time Equivalent Administrators: 4.9

Grade Membership


LITTLE FLOWER SCHOOL 1.20 miles from subject property

1300 CASAZZA DRIVERENO, NV 89502-3513775-323-2931Gender: Coed

• Kindergarten - Grade 8• Roman Catholic• Student Teacher Ratio: 1:21.4• Full Time Equivalent Administrators: 14.5

Grade Membership

KDGN GR - 1 GR - 2 GR - 3 GR - 4 GR - 5 GR - 6 GR - 7 GR - 8 Total

31 37 36 36 30 35 36 34 36 311

ST MARY'S CHILDREN'S GARDEN 1.25 miles from subject property

595 BELL STREETRENO, NV 89503-4430775-688-6100Gender: Coed

• Prekindergarten - Kindergarten• Roman Catholic• Student Teacher Ratio: 1:14.0• Full Time Equivalent Administrators: 1

Grade Membership


FIRST BAPTIST CHILDREN'S CENTER 1.31 miles from subject property

1330 FOSTER DRIVERENO, NV 89509-1207775-323-6569Gender: Coed

• Prekindergarten - Grade 3• Baptist• Student Teacher Ratio: 1:11.0• Full Time Equivalent Administrators: 4

Grade Membership

PK KDGN GR - 1 GR - 2 GR - 3 Total 66 21 18 4 1 110

SAFE HARBOR CHRISTIAN SCHOOL 1.41 miles from subject property

1881 HARVARD WAYRENO, NV 89502-3112775-329-7775Gender: Coed

• Kindergarten - Grade 9• Baptist• Student Teacher Ratio: 1:11.8• Full Time Equivalent Administrators: 6.6

Grade Membership

KDGN GR - 1 GR - 2 GR - 3 GR - 4 GR - 5 GR - 6 GR - 7 GR - 8 GR - 9 Total

12 15 12 12 3 8 5 3 5 3 78

SUNFLOWER PRESCHOOL 1.58 miles from subject property

1080 BERRUM LANERENO, NV 89509-4551775-826-0977Gender: Coed

• Kindergarten - Kindergarten• Nonsectarian• Student Teacher Ratio: N/A• Full Time Equivalent Administrators: N/A

Grade Membership

KDGN Total

32 32

LONDON BRIDGES LEARNING CENTER 1.88 miles from subject property

3670 WARREN WAYRENO, NV 89509-5240775-827-3011Gender: Coed


Grade Membership


About School Report

Private SchoolsAs private schools are not subject to district boundaries, we list up to 15 of the schools closest to the subject property within a fivemile radius of the subject property.

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