587 Iris Rainbow Dr, Reno, NV 89506 Property Records

Washoe County property record for 587 Iris Rainbow Dr, Reno, NV 89506

Property Summary

Property TypeSingle Family Home
Details4 bd · 3 ba · 1,700 sqft · built 2023
Lot Size0.091 acres (4,000 sqft)
OwnerIndividual on Record
Last Sale$439,990 (Jan 2024)
Tax Bill$4,354 (2025)
Deeds & MortgagesJan 2024 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN554-474-04

Property Details

APN / Parcel Number

Primary APN554-474-04

Interior

Bedrooms4 Beds
Full Baths3 Baths
Half Baths1 Half Bath
Plumbing Fixtures12 Plumbing Fixtures
Stories2 Stories
Building Area1,700 sqft Living Area
1st Floor Area640 sqft
2nd Floor Area1,060 sqft

Exterior

Year BuiltBuilt 2023
Exterior MaterialStucco
Construction TypeFrame
Roof MaterialComposition Shingle
Lot Area4,000 sqft (0.091 acres)
Garage TypeBuilt-in
Garage Area420 sqft
Parking Spaces2 Parking Spaces
PorchCovered Porch
Porch Area120 sqft

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemForced Air
SewerMunicipal
Water SourceCommercial

Location & Zoning

Street Address587 IRIS RAINBOW DR
CityRENO
StateNV
Zip89506-2318
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeSF11
Legal DescriptionSILVER DOLLAR ESTATES AREA 4 LOT 62
Legal SubdivisionSILVER DOLLAR ESTATES AREA 4
Legal Lot Number62
JurisdictionWASHOE NV
Township / Civil DivisionNORTH VALLEYS
Census Block Group1
Census Block1007
Census Tract2614

Owner

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

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordIndividual on Record
Mailing Address587 IRIS RAINBOW DR, RENO, NV 89506-2318
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJan 30, 2024 · Amount on Record
Deed SaleJan 30, 2024 · Amount on Record
Deed Document Number5432904
Record UpdatedJun 8, 2026

January 2024: Bargain and Sale Deed, Transfer

Document TypeBargain and Sale Deed
JurisdictionWASHOE NV
Recording DateJan 30, 2024
Property Address587 IRIS RAINBOW DR, RENO, NV 89506-2318
Document Number0005432904
Map ReferenceDOC 5281562
Instrument DateJan 30, 2024
Instrument5432904
Transaction TypeTransfer
Record UpdatedFeb 19, 2024
Title CompanyDHI TITLE OF NEVADA

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$1,804.00
Amount AccuracyVerified / From Affidavit
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address5190 NEIL RD STE 310, 310, RENO, NV 89502-8502

Transferred To (Grantee/Buyer)

NameVerified Name
Address587 IRIS RAINBOW DR, RENO, NV 89506-2318

Mortgage

Document Number0005432905
DateJan 30, 2024
Instrument5432905
Lender
NameDHI MORTGAGE COMPANY LTD
TypeMortgage Company
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term361 Months
DueFeb 1, 2054

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateNevada
CountyWashoe County
MunicipalityReno City
Unified School DistrictWashoe County School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$4,354.00 (+46.35%)$118,861 (+32.36%) Land $28,280 Building $90,581$339,604 (+32.36%) Land $80,800 Building $258,804
2023$2,975.00$89,800 Land $28,630 Building $61,170$256,571 Land $81,800 Building $174,771

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are 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 ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies2 in force

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 RiskHigh
above 82% of the US · above 60% of Nevada
Wildfire Likelihood0.4% annual chance
ExposureNone
beyond ember reach

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 SystemTRUCKEE MEADOWS WATER AUTHORITY
serves 442,000 people · EPA ID NV0000190
Water SourceSurface water
Last State InspectionAug 2025
LeadUnder 1 ppb (2023–2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
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 338 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
AT&T
Fiber
5,000 / 5,000
Spectrum
Fiber · Cable in parts of the area
1,000 / 1,000
Net NV
Fixed Wireless
500 / 500
Verizon
Fixed Wireless
300 / 20

May also be available: Hot Spot Broadband.

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