385 Palace Dr, Reno, NV 89506 Property Records

Washoe County property record for 385 Palace Dr, Reno, NV 89506

Property Summary

Property Type	Single Family Home
Details	4 bd · 2 ba · 1,452 sqft · built 1972
Lot Size	0.205 acres (8,973 sqft)
Owner	2 Individual Names on File
Last Sale	$285,000 (Apr 2020)
Tax Bill	$1,043 (2025)
Deeds & Mortgages	Apr 2020 Sale & Mortgage Sep 2017 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`080-574-05`

Property Details

APN / Parcel Number

Primary APN	`080-574-05`
Alternative APN	`105258`

Interior

Bedrooms	4 Beds
Full Baths	2 Baths
Half Baths	1 Half Bath
Plumbing Fixtures	8 Plumbing Fixtures
Stories	1 Story
Building Area	1,452 sqft Living Area
1st Floor Area	1,452 sqft

Exterior

Year Built	Built 1972
Exterior Material	Wood Siding
Construction Type	Frame
Foundation Type	Wood
Roof Material	Composition Shingle
Lot Area	8,973 sqft (0.205 acres)
Garage Type	Attached
Garage Area	308 sqft
Parking Spaces	1 Parking Space
Porch	Porch
Porch Area	304 sqft

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	Forced Air
Sewer	Municipal
Water Source	Commercial

Location & Zoning

Account Number	105258
Street Address	385 PALACE DR
City	RENO
State	NV
Zip	89506-9699
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	MDS
Legal Description	LEMMON VALLEY EST UT 3 LT 5
Legal Range	19
Legal Township	21
Legal Subdivision	LEMMON VALLEY ESTATES 3
Legal Lot Number	5
Jurisdiction	WASHOE NV
Township / Civil Division	NORTH VALLEYS
Census Block Group	1
Census Block	1036
Census Tract	2618

Owner

Source: Washoe County records, as of January 8, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record	2 Individual Names on File
Mailing Address	385 PALACE DR, RENO, NV 89506-9699
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Apr 3, 2020	Grant Deed, Transfer · Conventional with PMI GUARANTEED RATE
Sep 18, 2017	Intrafamily Transfer, Transfer · FHA Mortgage DITECH FINANCIAL LLC

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Apr 3, 2020 · Amount on File
Deed Sale	Apr 3, 2020 · Amount on File
Prior Sale	Apr 3, 2020 · Amount on File
Deed Document Number	5016833
Record Updated	Jun 8, 2026

April 2020: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	WASHOE NV
Recording Date	Apr 3, 2020
Property Address	385 PALACE DR, RENO, NV 89506-9699
Document Number	0005016833
Instrument Date	Apr 1, 2020
Instrument	5016833
Transaction Type	Transfer
Record Updated	Apr 20, 2020
Title Company	FIRST CENTENNIAL - RENO

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$1,169.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants with Right of Survivorship
Address	385 PALACE DR RENO NV 895069699, RENO, NV 89506-9699

Mortgage

Document Number	5016835
Date	Apr 3, 2020
Instrument	5016835

Lender

Name	GUARANTEED RATE
Address	CHICAGO, IL 60613

Agreement

Type	Conventional with PMI
Amount	Amount on Record
Term	360 Months
Due	Apr 2, 2050

September 2017: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	WASHOE NV
Recording Date	Sep 18, 2017
Property Address	385 PALACE DR, RENO, NV 89506-9699
Document Number	0004745454
Instrument Date	Sep 1, 2017
Instrument	4745454
Transaction Type	Transfer
Record Updated	Feb 10, 2022
Title Company	WESTERN TITLE CO

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name
Address	00000

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants
Address	385 PALACE DR, RENO, NV 89506-9699

Mortgage

Document Number	0004745455
Date	Sep 18, 2017
Instrument	4745455

Lender

Name	DITECH FINANCIAL LLC
Type	Mortgage Company

Agreement

Type	FHA Mortgage
Amount	Amount on Record
Term	361 Months
Due	Oct 1, 2047

Tax Assessment & Valuation

Source: Washoe County assessment roll, as of January 1, 2025

Property Jurisdictions

Type	Name
State	Nevada
County	Washoe County
Unified School District	Washoe County School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$1,043.00 (+16.41%)	$50,080 (+16.58%) Land $29,831 Building $20,249	$143,083 (+16.57%) Land $85,230 Building $57,853
2023	$896.00	$42,959 Land $24,551 Building $18,408	$122,741 Land $70,146 Building $52,595

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective May 17, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on File median of 13 policies
Community Rating System	Class 6 (20% premium discount)
Nearby Flood Policies	13 in force
Nearby Flood Claims	13 (1991–2017)
Claims Outside the SFHA	1 of 13
Most Recent Claim	Apr 2017 · rainfall accumulation
Claims by Event	Severe Winter Storms, Flooding, And Mudslides, Feb 2017 · 4 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Very High above 90% of the US · above 74% of Nevada
Wildfire Likelihood	0.9% annual chance
Exposure	Indirect within ember reach
Adjoins Burnable Land	Yes

Insurers in high-risk areas may require mitigation or decline coverage; check availability before making an offer.

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	TRUCKEE MEADOWS WATER AUTHORITY serves 442,000 people · EPA ID NV0000190
Water Source	Surface water
Last State Inspection	Aug 2025
Lead	Under 1 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 96 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
AT&T Fiber	5,000 / 5,000
Spectrum Cable · Fiber in parts of the area	1,000 / 1,000
Verizon Fixed Wireless	300 / 20
Hot Spot Broadband Fixed Wireless	100 / 50
T-Mobile Fixed Wireless	100 / 20

May also be available: Net NV.

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