Active

$389,000

380 Magnolia Way, Reno, NV 89506

3beds

1,238sqft

Manufactured Home

Built in 1979

8,276 Square Feet Lot

$389,200 Zestimate^®

$314/sqft

$-- HOA

What's special

Ample parking spaceSupplementary guest quarterSpacious main home

Discover absolute comfort in this outstanding 3 bedroom, 2 bath property, coupled with a separate, fully converted 1 bedroom garage/apartment. This home has been meticulously modernized with upgrades throughout, providing a blend of comfort, elegance, and exceptional design. The spacious main home and a supplementary guest quarter create an amazing opportunity for rental income. Beyond the splendid accommodation layout, the property features ample parking space, with additional RV parking/access, cementing its position as the ultimate functional and modern home. This unique home is ready to begin its new chapter.

22 days

935

24

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air, Natural Gas

Cooling

Wall/Window Unit(s)

Appliances

Included: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
Laundry: Cabinets, Laundry Room, Washer Hookup

Features

In-Law Floorplan, Pantry, Master Downstairs
Flooring: Laminate
Windows: Aluminum Frames
Has fireplace: No
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 1,238
Total interior livable area: 1,238 sqft

Property

Parking

Parking features: Additional Parking, Parking Pad, RV Access/Parking

Features

Stories: 1
Patio & porch: Porch, Covered, Deck
Exterior features: None
Spa features: None
Fencing: None
Has view: Yes
View description: Mountain(s)

Lot

Size: 8,276 Square Feet
Features: Level

Details

Additional structures: None
Parcel number: 08053206
Zoning: Mds

Construction

Type & style

Home type: MobileManufactured
Property subtype: Manufactured Home

Materials

Foundation: 8-Point
Roof: Metal,Pitched,Shingle

Condition

New construction: No
Year built: 1979

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Water Meter Installed

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: Valley Village 3 & 4

HOA

Has HOA: No

Location

Region: Reno

Financial & listing details

Price per square foot: $314/sqft
Tax assessed value: $134,635
Annual tax amount: $722
Date on market: 7/29/2026
Cumulative days on market: 23 days
Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
Body type: Double Wide

Estimated market value

$389,200

$370,000 - $409,000

$1,698/mo

Price history

Date	Event	Price
8/7/2026	Listed for sale	$389,000$314/sqft
Source: NNRMLS #260009712 Report a problem
8/2/2026	Contingent	$389,000$314/sqft
Source: NNRMLS #260009712 Report a problem
7/29/2026	Listed for sale	$389,000+110.3%$314/sqft
Source: NNRMLS #260009712 Report a problem
3/16/2023	Sold	$185,000+122.9%$149/sqft
Source: Public Record Report a problem
12/16/1998	Sold	$83,000$67/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$723 +8.2%	$47,122 +3.4%
2025	$668 +7.9%	$45,591 +5.6%
2024	$619 +7.9%	$43,165 -1.2%
2023	$573 +2.7%	$43,668 +12.2%
2022	$558 +3.4%	$38,906 +27%
2021	$540 +2.9%	$30,637 -1.5%
2020	$525 -2.8%	$31,088
2019	$540 +2.9%	$31,088 +16.8%
2018	$525 +8.4%	$26,606 +1.8%
2017	$484	$26,138 -4.8%
2016	$484	$27,444 +26.5%
2015	$484 +4.5%	$21,701 +36.6%
2014	$463	$15,882 +14.4%
2013	$463	$13,878 -1.3%
2012	--	$14,066
2011	--	$14,066 -4%
2010	--	$14,646 -62.6%
2009	--	$39,130 -8.8%
2008	--	$42,910 -0.3%
2007	--	$43,029 +34.3%
2006	--	$32,050 +8.7%
2005	--	$29,476 +5.8%
2004	--	$27,862 +2.9%
2003	--	$27,089 +5.3%
2002	--	$25,723
2001	--	$25,723