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1563 Elk Run Trl

Reno, NV 89523

4 bd 3 ba 3,426 sqft Built 2021 Lot 6,534 sqft single_family
Most recent sale
$1,030,000
Apr 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 15, 2022 Sold $1,030,000 MLS #220002204
Feb 24, 2022 Listed $999,999 MLS #220002204
Mar 2, 2021 Sold $832,000 MLS #200014629
Jan 5, 2021 Price changed $832,000 MLS #200014629
Oct 18, 2020 Listed $835,000 MLS #200014629
Jun 21, 2017 Sold $636,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $214,250 $58,686 $272,936 $7,772
2024 $216,274 $53,067 $269,341 $7,546
2023 $203,578 $53,067 $256,644 $7,325
2022 $168,518 $41,031 $209,548 $7,457
2021 $832 $38,005 $38,837 $7,159
2020 $851 $33,250 $34,101 $786
2019 $839 $33,184 $34,023 $749
2018 $887 $4,655 $5,542 $129
2017 $876 $3,955 $4,831 $124
2016 $887 $3,647 $4,534 $121
2015 $1,430 $3,199 $4,629 $120
2014 $917 $3,017 $3,934 $116
2013 $920 $2,156 $3,076 $113
2012 $537 $2,422 $2,959 $108
2010 $528 $3,500 $4,028 $153
2009 $537 $3,675 $4,212 $154
2008 $16,800 $16,800 $662
2007 $22,512 $22,512 $612

Property facts

Year built
2021
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
3,426 sqft
Lot size
6,534 sqft
ZIP code
89523
City
Reno
Street
Elk Run Trl
Coordinates
39.52524, -119.94277

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,653
Gross rental yield
6.59%
Implied cap rate
4.28%
Trend-extrapolated value

Frequently asked questions

When did 1563 Elk Run Trl last sell?
1563 Elk Run Trl most recently sold on Apr 15, 2022 for $1,030,000.
What is the current tax assessment for 1563 Elk Run Trl?
The most recent total assessment for 1563 Elk Run Trl (year 2025) is $272,936 with $7,772 in property tax.
How does 1563 Elk Run Trl's assessment compare to its last sale price?
The current assessment is 73.5% below the last sale price of $1,030,000.
When was 1563 Elk Run Trl built?
1563 Elk Run Trl was built in 2021.
How does 1563 Elk Run Trl compare to others on Elk Run Trl?
We track 8 other properties on Elk Run Trl. Browse the list under "Other properties on Elk Run Trl" to compare beds, baths, and sale history.
What are the property facts for 1563 Elk Run Trl?
1563 Elk Run Trl is a 4 bed, 3 bath, 3,426 sqft, 6,534 sqft lot single_family.
Is 1563 Elk Run Trl a flip candidate?
Yes — 1563 Elk Run Trl appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1563 Elk Run Trl a tax-appeal candidate?
No — 1563 Elk Run Trl is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.4%
Implied 1-yr
+1.8%
2026 Q3
$790.2K
2026 Q4
$793.5K
ZIP 89523 — Median Price History + Forecast

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