1600 Prater Way Unit 1 Sparks, NV 89431
Downtown Sparks NeighborhoodEstimated Value: $620,091
--
Bed
--
Bath
1,112
Sq Ft
$558/Sq Ft
Est. Value
About This Home
This home is located at 1600 Prater Way Unit 1, Sparks, NV 89431 and is currently priced at $620,091, approximately $557 per square foot. 1600 Prater Way Unit 1 is a home located in Washoe County with nearby schools including Robert Mitchell Elementary School, Sparks Middle School, and Sparks High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 23, 2024
Sold by
Alano Club Of Sparks
Bought by
1640 Prater Way Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$595,048
Interest Rate
7.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 22, 2011
Sold by
Singh Gurbachan and Kaur Gurmit
Bought by
Alano Club Of Sparks Nevada Incorporated
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
3.96%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 16, 2010
Sold by
Singh Gurbachan
Bought by
Singh Gurbachan and Kaur Gurmit
Purchase Details
Closed on
Jul 15, 2010
Sold by
Liv Kolstrup Merle Z
Bought by
Singh Gurbachan
Purchase Details
Closed on
Jan 16, 2008
Sold by
Kolstrup Merle
Bought by
Kolstrup Merle Z and The Merle Z Kolstrup Revocable Living Tr
Purchase Details
Closed on
Jun 24, 2003
Sold by
Humber Richard A and Humber Van B
Bought by
Kolstrup Merle
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,500
Interest Rate
5.37%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
May 1, 1998
Sold by
Humber Richard A
Bought by
Humber Richard A and Humber Van B
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
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 1640 Prater Way Llc | $750,000 | Stewart Title | |
| Alano Club Of Sparks Nevada Incorporated | $167,000 | First Centennial Reno | |
| Singh Gurbachan | $100,000 | First Centennial Reno | |
| Singh Gurbachan | -- | First Centennial Reno | |
| Singh Gurbachan | $100,000 | First Centennial Reno | |
| Kolstrup Merle Z | -- | None Available | |
| Kolstrup Merle | $139,500 | Western Title Incorporated | |
| Humber Richard A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 1640 Prater Way Llc | $600,000 | |
| Previous Owner | Alano Club Of Sparks Nevada Incorporated | $186,000 | |
| Previous Owner | Alano Club Of Sparks Nevada Incorporated | $10,000 | |
| Previous Owner | Kolstrup Merle | $29,500 |
Source: Public Records
Tax History Compared to Growth
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 | $1,919 | $64,866 | $40,752 | $24,114 |
| 2024 | $1,777 | $59,527 | $35,195 | $24,332 |
| 2023 | $1,777 | $52,906 | $31,676 | $21,231 |
| 2022 | $1,646 | $47,200 | $30,008 | $17,191 |
| 2021 | $1,524 | $41,590 | $25,007 | $16,583 |
| 2020 | $1,522 | $41,596 | $25,007 | $16,589 |
| 2019 | $1,485 | $40,571 | $25,007 | $15,564 |
| 2018 | $1,470 | $40,160 | $25,007 | $15,153 |
| 2017 | $1,464 | $40,002 | $25,007 | $14,995 |
| 2016 | $1,468 | $40,455 | $25,007 | $15,448 |
| 2015 | $1,465 | $40,026 | $25,007 | $15,019 |
| 2014 | $1,457 | $39,806 | $25,007 | $14,799 |
| 2013 | -- | $39,305 | $25,007 | $14,298 |
Source: Public Records
Map
Nearby Homes