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Single Family ResidenceResidential
$309,528$345 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 93How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026

540 COLORADO RIVER BLVD

RENO, NV 89502
2
Beds
1
Baths
897 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.14 ac
Lot SizeThe size of the land the home sits on, from county records.
1945
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$310K
$289K low$330K high
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$309,528
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$247,622

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$539 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$45,147 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$34,265
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$10,882
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$43,738
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$128,991

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyWashoe
Lot (acres)The size of the land the home sits on, from county records.0.14
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Wood (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Floor/Wall Furnace
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Porch · 50 ft²

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Veterans Memorial STEM AcademyD-
Elementary · Grades KG–5 · 0.4 mi
M
E. Otis Vaughn Middle SchoolD
Middle · Grades 6–8 · 0.6 mi
H
Earl Wooster High SchoolC
High · Grades 9–12 · 0.9 mi

District: Washoe County School District

Neighborhood · ZIP 89502These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.119
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.95
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.284

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.92%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.13%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.14%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.6%
PopulationHow many people live in this area.46,975
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,681 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$60,973
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$75,716
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.9 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.79%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

540 Colorado River Blvd measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 98% of homes in Wells Avenue
  • Costs less per square foot than 76% of homes in Wells Avenue
  • Smaller than 94% of homes in Washoe County
  • Has a smaller lot than 81% of homes in Wells Avenue
  • Older than 97% of homes in Washoe County

What homes are worth in Reno 89502

Each bar is how many homes fall in that price range. The marker is this home.

This home
$159K$1M

This home is worth more than 22% of homes in Reno 89502.

How it measures up in Reno 89502

The dot is this home. The mark in the middle is the typical home in Reno 89502.

Estimated value$309,528
CheaperTypical $452,819Pricier

Pricier than 22% of homes nearby

Price per ft²$345
CheaperTypical $331Pricier

Pricier than 59% of homes nearby

Living area897 ft²
SmallerTypical 1,262 ft²Bigger

Bigger than 20% of homes nearby

Lot size0.14 ac
SmallerTypical 0.15 acBigger

Bigger than 42% of homes nearby

Year built1945
OlderTypical 1977Newer

Newer than 7% of homes nearby

How 540 Colorado River Blvd ranks against every home in each area.
MeasureThis homeWells AvenueReno 89502Washoe County
Estimated valuepricier than$309,5282% of homes22% of homes7% of homes
Price per ft²pricier than$34524% of homes59% of homes54% of homes
Living areabigger than897 ft²18% of homes20% of homes6% of homes
Lot sizebigger than0.14 ac19% of homes42% of homes28% of homes
Year builtnewer than194528% of homes7% of homes3% of homes

About 540 Colorado River Blvd

How much is 540 Colorado River Blvd, Reno, NV worth?

The TopHap Estimate for 540 Colorado River Blvd, Reno, NV is $309,528 as of Jul 14, 2026. The likely range is $289,381 to $329,675. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 540 Colorado River Blvd, Reno, NV last sell?

540 Colorado River Blvd, Reno, NV last sold on Aug 12, 1997, according to the county's recorded deed.

How big is 540 Colorado River Blvd, Reno, NV?

540 Colorado River Blvd, Reno, NV has 2 bedrooms, 1 bathrooms, 897 square feet of living space and a 0.14-acre lot.

When was 540 Colorado River Blvd, Reno, NV built?

540 Colorado River Blvd, Reno, NV was built in 1945, making it 81 years old. The building has 1 story.

What schools serve 540 Colorado River Blvd, Reno, NV?

540 Colorado River Blvd, Reno, NV is assigned to Veterans Memorial STEM Academy (elementary), rated D-; E. Otis Vaughn Middle School (middle), rated D; Earl Wooster High School (high), rated C. All sit in Washoe County School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 540 Colorado River Blvd, Reno, NV compare to other homes in Reno 89502?

Among the 9,666 homes in Reno 89502, it is worth more than 22% of them ($309,528 against a typical $452,819), its price per square foot is higher than 59% of them ($345 against a typical $331), it is bigger than 20% of them (897 ft² against a typical 1,262 ft²), its lot is bigger than 42% of them (0.14 ac against a typical 0.15 ac) and it is newer than 7% of them (1945 against a typical 1977). Measured against all of Washoe County, it is worth more than 7% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 540 Colorado River Blvd, Reno, NV?

The 2025 property tax bill for 540 Colorado River Blvd, Reno, NV was $539. The county assessed it at $45,147.

More homes on Colorado River Blvd

Closest homes

More homes in Reno 89502

Assigned schools

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