1069 Palmwood Dr Sparks, NV 89434
Reed NeighborhoodEstimated payment $2,609/month
Total Views
9,759
3
Beds
2
Baths
1,321
Sq Ft
$341
Price per Sq Ft
Highlights
- No HOA
- Double Pane Windows
- Forced Air Heating and Cooling System
- 2 Car Attached Garage
- Patio
- Combination Dining and Living Room
About This Home
This tenant-occupied rental delivers cash flow from day one—no need to market or guess on rents. More investors are now targeting tenant-occupied homes like this one as an easier, faster way to grow their portfolio with clarity and income from the start. Leased at 2,175/month through July 1, 2026, with full analytics available. Features include 3 bedrooms, 2 bathrooms, 1,321 sqft, and a freshly painted exterior (2024). 4.9 Cap Rate on actual rents. Professionally maintained with annual inspections, responsive repairs, and routine filter replacements. Available individually or with 1544 Woodhaven Ln and 1218 Junction Dr as part of a nearby Sparks portfolio, for 1,295,000 for all three properties combined.
Drive by only. Do not disturb tenants. Contact the listing agent for individual or portfolio financials.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,736
Year Built
- Built in 1977
Lot Details
- 6,316 Sq Ft Lot
- Property is Fully Fenced
- Sprinklers on Timer
- Property is zoned SF-6
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Shingle Roof
- Composition Roof
- Wood Siding
- HardiePlank Type
- Stick Built Home
Interior Spaces
- 1,321 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Gas Fireplace
- Double Pane Windows
- Blinds
- Family Room
- Living Room with Fireplace
- Combination Dining and Living Room
- Crawl Space
Kitchen
- Electric Cooktop
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Bathtub and Shower Combination in Primary Bathroom
- Primary Bathroom Bathtub Only
Laundry
- Laundry in Hall
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Patio
Schools
- Juniper Elementary School
- Mendive Middle School
- Reed High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Connected
- Gas Water Heater
- Private Sewer
- Internet Available
Community Details
- No Home Owners Association
- Sparks Community
- Shadow Glen Estates 1 Subdivision
Listing and Financial Details
- Home warranty included in the sale of the property
- Assessor Parcel Number 036-295-09
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | $1,736 | $59,174 | $36,120 | $23,054 |
| 2024 | $1,736 | $57,147 | $33,215 | $23,932 |
| 2023 | $1,608 | $58,462 | $35,175 | $23,287 |
| 2022 | $1,490 | $46,643 | $26,740 | $19,903 |
| 2021 | $1,380 | $42,043 | $21,735 | $20,308 |
| 2020 | $1,297 | $41,525 | $20,720 | $20,805 |
| 2019 | $1,235 | $41,258 | $20,720 | $20,538 |
| 2018 | $1,180 | $34,946 | $14,455 | $20,491 |
| 2017 | $1,133 | $34,627 | $13,720 | $20,907 |
| 2016 | $1,105 | $33,965 | $12,250 | $21,715 |
| 2015 | $1,103 | $32,477 | $10,325 | $22,152 |
| 2014 | $1,071 | $30,748 | $9,030 | $21,718 |
| 2013 | -- | $28,577 | $6,860 | $21,717 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/27/2025 06/27/25 | For Sale | $450,000 | +72.4% | $341 / Sq Ft |
| 03/16/2017 03/16/17 | Sold | $261,000 | 0.0% | $198 / Sq Ft |
| 02/28/2017 02/28/17 | Pending | -- | -- | -- |
| 02/26/2017 02/26/17 | For Sale | $261,000 | -- | $198 / Sq Ft |
Source: Northern Nevada Regional MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $261,000 | Ticor Title Reno | |
| Deed | $122,500 | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $191,600 | New Conventional | |
| Previous Owner | $200,000 | Unknown | |
| Previous Owner | $60,000 | Credit Line Revolving | |
| Previous Owner | $15,000 | Credit Line Revolving | |
| Previous Owner | $132,000 | Unknown | |
| Previous Owner | $116,350 | No Value Available |
Source: Public Records
Similar Homes in Sparks, NV
Source: Northern Nevada Regional MLS
MLS Number: 250052193
APN: 036-295-09
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The content relating to real estate for sale on this web site comes in part from the Broker Reciprocity/ IDX program of the Northern Nevada Regional Multiple Listing Service°. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo and detailed information about those listings includes the name of the listing brokerage. Any use of the content other than by a search performed by a consumer looking to purchase or rent real estate is prohibited. © 2025 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved.
Nearby Homes
- 1040 #87 Baywood Unit C
- 1061 Baywood Dr Unit C
- 1055 Baywood Dr Unit D
- 1020 Baywood Dr Unit B
- 1041 Baywood Dr Unit B
- 1015 Baywood Dr Unit C
- 1035 Baywood Dr Unit D
- 930 Spanish Springs Rd
- 1064 Bradley Square
- 1114 Bradley Square
- 1002 Glen Meadow Dr
- 930 Glen Meadow Dr
- 3200 Bristle Branch Dr
- 1031 Vintage Hills Pkwy
- 7435 Shadow Ln
- 3167 Bristle Branch Dr
- 1095 E York Way
- 3133 Bristle Branch Dr
- 3104 Sandy St
- 3345 Groom Way
- 1005 Baywood Dr Unit B
- 2903 Pinewood Dr Unit ID1250760P
- 3358 Candelaria Dr
- 2624 Sunny Slope Dr Unit 7
- 1955 Matteoni Dr
- 1855 Baring Blvd
- 1484 Cloud Peak Dr
- 446 Michele Way
- 462 Steffanie Way
- 1998 Amber Leaf Ct
- 2494 Roman Dr
- 2641 Venezia Dr
- 2200 N D'Andrea Pkwy
- 550 Howard Dr
- 550 Marina Gateway Dr
- 4769 Bougainvillea Cir
- 565 Sparks Blvd
- 675 Marina Gateway Dr
- 915 Emerson Way
- 900 Arleen Way