NOT LISTED FOR SALE

1002 Merito Dr Sparks, NV 89436

Sparks Galleria Neighborhood

Estimated Value: $588,000 - $663,000

5 Beds
3 Baths
2,772 Sq Ft
$229/Sq Ft Est. Value

Last Sold April 20, 2012

Last sale price $221,500 $80 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $3,790/month

28 Days on Market

Highlights

  • Mountain View
  • Separate Formal Living Room
  • 3 Car Attached Garage
  • 1 Fireplace
  • High Ceiling
  • Double Pane Windows

About This Home

As of April 2012

New carpet and fresh interior paint! Owner occupied buyer's can receive a 2 year home warranty from the seller, coupon in associated docs, some restrictions apply. Contact listing agent with any questions.

Last Agent to Sell the Property

Arthur Angelo

RE/MAX Gold-Carson City License #BS.11914 Listed on: 02/13/2012

RE/MAX Gold-Carson City

Last Buyer's Agent

Moira Shea

RE/MAX Professionals-Sparks License #S.53132

RE/MAX Professionals-Sparks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,693

Year Built

  • Built in 2002

Lot Details

  • 6,970 Sq Ft Lot
  • Back Yard Fenced
  • Landscaped
  • Level Lot
  • Front and Back Yard Sprinklers
  • Property is zoned SF

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 2,772 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Separate Formal Living Room
  • Mountain Views
  • Crawl Space
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Primary Bathroom includes a Walk-In Shower
  • Garden Bath

Outdoor Features

  • Patio

Schools

  • Sepulveda Elementary School
  • Mendive Middle School
  • Reed High School

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • $200 HOA Transfer Fee
  • City Of Sparks Landscape Maintenance Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Home warranty included in the sale of the property
  • Assessor Parcel Number 51625101

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,693

Year Built

Built in 2002

Lot Details

0

HOA Fees

$33 per month

Parking

3

Listing Details

  • Year Built: 2002
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Acres: 0.16
  • Road Frontage Type: Other
  • Has View?: Yes
  • Association Amenities: None
  • Association Fees: 100.0
  • Association Fee Frequency: Quarterly
  • Has H O A?: Yes
  • Co List Office Mls Id: 627501176-o
  • Co List Office Phone: 775-885-2200
  • Special Conditions: Real Estate Owned
  • Directions: Mesa Meadows
  • Has Cooling?: Yes
  • Has Fireplace?: Yes
  • Living Area: 2772.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Sepulveda
  • Tax Legal Middle Or Junior School2: Mendive
  • Tax Legal High School: Reed
  • Tax Legal Tax Annual Amount: 2692.8
  • Tax Legal Zoning4: SF
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 100.0
  • Building Stories5: 2
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 0.16
  • Lot Lot Size Square Feet2: 6969.6
  • Lot Horse Y N2: No
  • Association Details Transfer Fee: 200.0
  • Lot View Y N2: Yes
  • Fencing Back Yard: Yes
  • Lot Features Landscaped: Yes
  • Cooling Central Air: Yes
  • Foundation Details Crawl Space: Yes
  • Lot Features Level: Yes
  • Lot Features Sprinklers In Front: Yes
  • Lot Features Sprinklers In Rear: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Sprinklers Front: Yes
  • Sprinklers Rear: Yes
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Cooling Refrigerated: Yes
  • Appliances Disposal: Yes
  • Outdoor Living Spaces Patio2: Yes
  • View Mountain(s): Yes
  • Appliances Microwave: Yes
  • Water Heater Gas5: Yes
  • Association Community Association Fee Frequency3: Quarterly
  • Association Details Management Company Name5: City of Sparks Landscape Maintenance
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Interior Amenities: Breakfast Bar, High Ceilings, Kitchen Island, Pantry, Walk-In Closet(s)
  • Window Features: Double Pane Windows, Vinyl Frames
  • Interior Living Area4: 2772.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Interior Features High Ceilings: Yes
  • Interior Features Breakfast Bar: Yes
  • Window Features Double Pane Windows: Yes
  • Window Features Vinyl Frames: Yes
  • Living Room Features Separate Formal Room: Yes
  • Dining Room Features Separate Formal Room2: Yes
  • Family Room Features Separate Formal Room3: Yes
  • Kitchen Features Breakfast Bar2: Yes
  • Primary Bedroom Features Double Sinks: Yes
  • Interior Fireplaces Total2: 1.0
  • Primary Bedroom Features Shower Stall: Yes
  • Flooring Ceramic Tile: Yes
  • Laundry Features Laundry Area: Yes
  • Laundry Features Laundry Room: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Primary Bedroom Features High Ceilings6: Yes
  • Primary Bedroom Features Garden Tub: Yes
  • Interior Features Kitchen Island: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Kitchen Features Built- In Microwave: Yes
  • Kitchen Features Kitchen Island2: Yes
  • Primary Bedroom Features Ceiling Fan(s)7: Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Pitched, Shingle
  • Stories: 2
  • View: Mountain(s)
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Patio
  • Construction Materials Wood Siding: Yes
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes

Garage/Parking

  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Garage Spaces: 3.0
  • Has Attached Garage?: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 3.0
  • Parking Information Garage Y N: Yes
  • Parking Information Garage Spaces: 3.0
  • Parking Information Carport Y N: No
  • Parking Information Parking Total: 3.0
  • Parking Features Attached: Yes

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: Laundry Area, Laundry Room
  • Cooling: Central Air, Refrigerated
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Cooling Y N3: Yes
  • Utilities Heating Y N3: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Heating Forced Air: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes

Schools

  • Middle Or Junior School: Mendive

Lot Info

  • Parcel Number: 51625101
  • Fencing: Back Yard
  • Lot Size Sq Ft: 6969.6
  • Zoning: SF

Tax Info

  • Tax Annual Amount: 2692.8

MLS Schools

  • Elementary School: Sepulveda
  • HighSchool: Reed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2020
Sold by
Reiter Sean P
Bought by
Reiter Sean and Reiter Kellyn
Current Estimated Value
$635,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,500
Outstanding Balance
$133,584
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$512,574

Purchase Details

Listed on
Feb 13, 2012
Closed on
Mar 22, 2012
Sold by
Merrigan Richard J and Merrigan Roberta S
Bought by
Federal Home Loan Mortgage Corporation
Seller's Agent
Arthur Angelo
RE/MAX Gold-Carson City
Buyer's Agent
Moira Shea
RE/MAX Professionals-Sparks
List Price
$220,000
Sold Price
$221,500
Premium/Discount to List
$1,500
0.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.34%
Original Mortgage
$226,250
Interest Rate
3.84%
Mortgage Type
VA

Purchase Details

Listed on
Feb 13, 2012
Closed on
Mar 13, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Reiter Sean P
Seller's Agent
Arthur Angelo
RE/MAX Gold-Carson City
Buyer's Agent
Moira Shea
RE/MAX Professionals-Sparks
List Price
$220,000
Sold Price
$221,500
Premium/Discount to List
$1,500
0.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,250
Interest Rate
3.84%
Mortgage Type
VA

Purchase Details

Closed on
Aug 10, 2005
Sold by
Reitz Arthur D and Reitz Caroline
Bought by
Merrigan Richard J and Merrigan Roberta S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
5.48%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 23, 2002
Sold by
Bailey and Bailey Dutton
Bought by
Reitz Arthur D and Reitz Caroline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,150
Interest Rate
6.09%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Reiter Sean -- First American Title Sparks
Federal Home Loan Mortgage Corporation $208,000 Lsi Title Agency Inc
Reiter Sean P $221,500 Servicelink Irvine
Merrigan Richard J $480,000 Stewart Title Of Northern Nv
Reitz Arthur D $253,960 Stewart Title Northern Nevad
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reiter Sean $182,500
Closed Reiter Sean P $226,250
Previous Owner Merrigan Richard J $375,000
Previous Owner Reitz Arthur D $203,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2012 04/20/12 Sold $221,500 +0.7% $80 / Sq Ft
03/12/2012 03/12/12 Pending -- -- --
02/13/2012 02/13/12 For Sale $220,000 -- $79 / Sq Ft
Source: Northern Nevada Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,498 $134,479 $40,320 $94,159
2024 $3,397 $127,805 $33,215 $94,590
2023 $2,467 $124,985 $35,315 $89,670
2022 $3,298 $104,333 $29,575 $74,758
2021 $3,304 $97,217 $22,855 $74,362
2020 $3,107 $99,276 $24,780 $74,496
2019 $2,959 $94,634 $22,820 $71,814
2018 $2,824 $87,660 $17,325 $70,335
2017 $2,711 $89,565 $19,180 $70,385
2016 $2,642 $87,891 $15,995 $71,896
2015 $2,638 $88,033 $15,225 $72,808
2014 $2,555 $81,632 $12,110 $69,522
2013 -- $68,426 $8,330 $60,096
Source: Public Records

Agents Affiliated with this Home

  • Arthur Angelo

    Seller's Agent in 2012

    Arthur Angelo

    RE/MAX

    (775) 450-1266

    22 Total Sales

    Arthur Angelo
    Section Image
  • Moira Shea

    Buyer's Agent in 2012

    Moira Shea

    RE/MAX

    (775) 772-8066

    3 in this area

    91 Total Sales

    Moira Shea
    Section Image
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Map

Source: Northern Nevada Regional MLS

MLS Number: 120001981

Northern Nevada Regional MLS

APN: 516-251-01

Nevada Washoe County Sparks 89436 Sparks Galleria

1002 Merito Dr, Sparks, NV

This home is located at 1002 Merito Dr, Sparks, NV 89436 since 13 February 2012 and is currently estimated at $635,861, approximately $229 per square foot. This property was built in 2002. 1002 Merito Dr is a home located in Washoe County with nearby schools including Miguel Sepulveda Elementary School, Sky Ranch Middle School, and Edward C Reed High School.

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