NOT LISTED FOR SALE

Estimated Value: $519,000 - $700,000

8 Beds
3 Baths
2,663 Sq Ft
$228/Sq Ft Est. Value

Last Sold February 13, 2024

Last sale price $570,000 $214 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,354/month

21 Days on Market

Highlights

  • 0.28 Acre Lot
  • Double Pane Windows
  • Cooling Available
  • Fireplace
  • Brick or Stone Mason
  • Forced Air Heating System

About This Home

As of February 2024

Sold upon entry to MLS. Duplex and Single Family Residence on single APN. All units have small fenced yards.

Last Agent to Sell the Property

Jennifer Linn

Ferrari-Lund R.E. Sparks License #BS.1002684 Listed on: 12/26/2023

Ferrari-Lund R.E. Sparks

Last Buyer's Agent

Reyna Funes

Ferrari-Lund R.E. Sparks License #S.64107

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,398

Year Built

  • Built in 1950

Lot Details

  • 0.28 Acre Lot
  • Partially Fenced Property

Parking

  • 6 Parking Spaces

Home Design

  • Brick or Stone Mason
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Masonry

Interior Spaces

  • 2,663 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Crawl Space
  • Washer Hookup

Schools

  • Mitchell Elementary School
  • Sparks Middle School
  • Sparks High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter
  • Separate Water Meter
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 03108145

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • The community has rules related to covenants, conditions, and restrictions

Building Details

  • Vacancy Allowance $1,000
  • Net Operating Income $46,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,398

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Year Built: 1950
  • Property Type: Residential Income
  • Lot Size Acres: 0.28
  • Road Frontage Type: Public
  • Co List Office Mls Id: 1193-o
  • Co List Office Phone: 775-685-7788
  • Directions: Pyramid HWY to I Street to 10th Street
  • Has Cooling?: Yes
  • Has Fireplace?: Yes
  • Tax Legal Zoning4: MUD
  • Building Stories5: 1
  • Cooling Electric: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Water Heater Electric5: Yes
  • Fencing Partial2: Yes
  • Construction Materials Brick: Yes
  • Tax Legal Elementary School2: Mitchell
  • Tax Legal High School2: Sparks
  • Lot Lot Size Acres4: 0.28
  • Lot Lot Size Square Feet4: 12196.8
  • Foundation Details Crawl Space2: Yes
  • Tax Legal Tax Annual Amount3: 1398.0
  • Typeof Construction Masonry5: Yes
  • Incomeand Expenses Net Operating Income: 46400.0
  • Contract Rent Control Y N: No
  • Association Community Number Of Buildings2: 2.0
  • Building Number Of Units Total5: 3.0
  • Special Information Onsite Management Y N: No
  • Meter Information Separate Meters Y N: Yes
  • Meter Information Separate Electric Meters Y N: Yes
  • Meter Information Separate Gas Meters Y N: Yes
  • Meter Information Separate Water Meters Y N: Yes
  • Meter Information Separate Water Heaters Y N: No
  • Meter Information One Primary Electric Meter Y N: No
  • Meter Information One Primary Gas Meter Y N: No
  • Meter Information One Primary Water Meter Y N: No
  • Tax Legal Middleor Junior School: Sparks
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Varies
  • Number Of Buildings: 2
  • Other Equipment: Varies By Unit
  • Window Features: Double Pane Windows, Vinyl Frames
  • Window Features Double Pane Windows: Yes
  • Window Features Vinyl Frames: Yes
  • Interior Fireplace Y N3: Yes
  • Interior Building Area Total3: 2663.0
  • Laundry Features Washer Hookup: Yes

Exterior Features

  • Roof: Composition, Pitched, Shingle
  • Stories: 1
  • Construction Type: Brick
  • Foundation Details: Crawl Space
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: None
  • Total Parking Spaces: 6.0
  • Parking Information Parking Total4: 6.0

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available, Cellular Coverage
  • Water Source: Public
  • Laundry Features: Washer Hookup, Varies By Unit
  • Cooling: Electric, Varies By Unit
  • Heating: Electric, Fireplace(s), Forced Air, Natural Gas, Wall Furnace, Varies By Unit
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • 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
  • Heating Electric4: Yes
  • Heating Fireplace(s): Yes
  • Heating Wall Furnace: Yes
  • Utilities Heating Y N5: Yes
  • Utilities Cooling Y N5: Yes

Schools

  • Middle Or Junior School: Sparks

Lot Info

  • Parcel Number: 03108145
  • Fencing: Partial
  • Lot Size Sq Ft: 12196.8
  • Zoning: MUD

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Scheduled Income: 50400.0
  • Number Of Units Total: 3
  • Income And Expenses Vacancy Allowance: 1000
  • Income And Expenses Vacancy Allowance: 1000

Tax Info

  • Tax Annual Amount: 1398.0

MLS Schools

  • Elementary School: Mitchell
  • HighSchool: Sparks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2025
Sold by
Favela Patricia and Favela Manuel
Bought by
Super Burrito Inc
Current Estimated Value
$607,092

Purchase Details

Listed on
Dec 26, 2023
Closed on
Feb 12, 2024
Sold by
Favela Minerva Claudia
Bought by
Favela Manuel A
Seller's Agent
Jennifer Linn
Ferrari-Lund R.E. Sparks
Buyer's Agent
Reyna Funes
Ferrari-Lund R.E. Sparks
List Price
$570,000
Sold Price
$570,000
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.66%
Original Mortgage
$402,500
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 26, 2023
Closed on
Feb 8, 2024
Sold by
Sbip Llc
Bought by
Favela Manuel A and Favela Patricia
Seller's Agent
Jennifer Linn
Ferrari-Lund R.E. Sparks
Buyer's Agent
Reyna Funes
Ferrari-Lund R.E. Sparks
List Price
$570,000
Sold Price
$570,000
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,500
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2021
Sold by
Paul Stevenson Living Trust and Stevenson Paul T
Bought by
Sbip Llc

Purchase Details

Closed on
Dec 15, 2016
Sold by
Lann Jennifer A
Bought by
Stevenson Paul T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2016
Sold by
Horstmeyer Raymond F
Bought by
Linn Jennifer A and Stevenson Paul T

Purchase Details

Closed on
Jun 21, 2005
Sold by
Gillooly Ethan S
Bought by
Gillooly Ethan S and Gillooly Trust

Purchase Details

Closed on
Mar 31, 2005
Sold by
Horstmeyer Pamela Mcdowell
Bought by
Horstmeyer Raymond F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
3.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 17, 2005
Sold by
Gillooly Fabian L and Gillooly Ethan S
Bought by
Horstmeyer Raymond F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
3.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 19, 2002
Sold by
Gillooly Ethan S
Bought by
Gillooly Ethan S and Gillooly Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.85%

Purchase Details

Closed on
Feb 27, 2002
Sold by
Woo Won Sook
Bought by
Gilloly Fabian L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.85%
Source: Public Records

Range of Values:

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Average Value
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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
Super Burrito Inc -- None Listed On Document
Favela Manuel A -- First American Title
Favela Manuel A $570,000 First Centennial Title
Sbip Llc -- None Listed On Document
Paul Stevenson Living Trust -- None Available
Stevenson Paul T -- Ticor Title Reno
Linn Jennifer A $300,000 Ticor Title
Gillooly Ethan S -- First Centennial Title Co
Horstmeyer Raymond F -- First Centennial Title Co
Horstmeyer Raymond F $230,000 First Centennial Title Co
Gillooly Ethan S -- First American Title
Gilloly Fabian L $130,000 First American Title
Gilooly Fabian L $130,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Favela Manuel A $402,500
Previous Owner Stevenson Paul T $225,000
Previous Owner Horstmeyer Raymond F $274,950
Previous Owner Horstmeyer Raymond F $207,000
Previous Owner Gilooly Fabian L $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2024 02/13/24 Sold $570,000 0.0% $214 / Sq Ft
01/15/2024 01/15/24 Pending -- -- --
12/25/2023 12/25/23 For Sale $570,000 -- $214 / 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 $1,438 $81,241 $49,613 $31,628
2024 $1,438 $77,923 $46,158 $31,765
2023 $1,398 $75,644 $46,856 $28,788
2022 $1,358 $58,734 $34,685 $24,049
2021 $1,318 $53,037 $30,310 $22,727
2020 $1,240 $52,989 $30,310 $22,679
2019 $1,181 $46,704 $25,235 $21,469
2018 $1,124 $39,046 $18,585 $20,461
2017 $1,093 $38,130 $17,850 $20,280
2016 $1,069 $34,882 $14,700 $20,182
2015 $1,067 $30,893 $11,130 $19,763
2014 $1,034 $28,567 $9,450 $19,117
2013 -- $26,978 $7,875 $19,103
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 240001474

Northern Nevada Regional MLS

APN: 031-081-45