NOT LISTED FOR SALE

Estimated Value: $415,208 - $495,000

3 Beds
2 Baths
1,279 Sq Ft
$354/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $465,500 $364 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,561/month

3 Days on Market

Highlights

  • 4 Car Attached Garage
  • Refrigerated and Evaporative Cooling System
  • Property is Fully Fenced
  • Double Pane Windows
  • Landscaped
  • 5-minute walk to Deer Park

About This Home

As of June 2022

Great income units located in the heart of Sparks.vThe front unit has new paint, laminate floors, updated bathroom and new landscaping with automatic sprinklers. Each unit is separately metered. Both units have leases in place.

Last Agent to Sell the Property

Shaun O'Harra

RE/MAX Gold License #BS.145512 Listed on: 05/17/2022

RE/MAX Gold

Co-Listed By

Michelle Sturge

Chase International-Damonte License #B.146279

Last Buyer's Agent

Jim Elliott

RE/MAX Professionals-Reno License #S.59872

RE/MAX Professionals-Reno

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $930

Year Built

  • Built in 1940

Lot Details

  • 5,227 Sq Ft Lot
  • Property is Fully Fenced
  • Landscaped
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

Parking

  • 4 Car Attached Garage

Home Design

  • Duplex
  • Frame Construction
  • Pitched Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,279 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Blinds
  • Laminate Flooring
  • Crawl Space
  • Laundry in Kitchen

Kitchen

  • Oven
  • Gas Range

Schools

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

Utilities

  • Refrigerated and Evaporative Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Master Meter
  • Individual Gas Meter
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 03128106

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Net Operating Income $31,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$930

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Year Built: 1940
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Lot Features: Landscaped, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Acres: 0.12
  • Road Frontage Type: Public
  • Co List Office Mls Id: 1471-o
  • Co List Office Phone: 775-850-5900
  • Co List Office Mls Id: 1514-o
  • Co List Office Phone: 775-787-3629
  • Directions: Pyramid Hwy
  • Has Cooling?: Yes
  • Tax Legal Zoning4: MUD
  • Building Stories5: 1
  • Cooling Evaporative Cooling: Yes
  • Lot Features Landscaped: 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 Rear: Yes
  • Fencing Full2: Yes
  • Water Heater Gas5: Yes
  • Sprinklers Automatic: Yes
  • Construction Materials Frame: Yes
  • Tax Legal Elementary School2: Mitchell
  • Tax Legal High School2: Sparks
  • Lot Lot Size Acres4: 0.12
  • Lot Lot Size Square Feet4: 5227.2
  • Appliances Oven: Yes
  • Appliances Gas Range: Yes
  • Foundation Details Crawl Space2: Yes
  • Tax Legal Tax Annual Amount3: 929.96
  • Incomeand Expenses Net Operating Income: 31440.0
  • Contract Rent Control Y N: No
  • Association Community Number Of Buildings2: 2.0
  • Building Number Of Units Total5: 2.0
  • 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: Yes
  • Meter Information One Primary Electric Meter Y N: No
  • Meter Information One Primary Gas Meter Y N: Yes
  • Meter Information One Primary Water Meter Y N: No
  • Tax Legal Middleor Junior School: Sparks
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Oven, Gas Range
  • Flooring: Laminate
  • Number Of Buildings: 2
  • Window Features: Blinds, Double Pane Windows
  • Window Features Double Pane Windows: Yes
  • Laundry Features In Kitchen: Yes
  • Window Features Blinds: Yes
  • Flooring Laminate: Yes
  • Interior Building Area Total3: 1279.0

Exterior Features

  • Roof: Asphalt, Pitched
  • Stories: 1
  • Construction Type: Frame, Vinyl Siding
  • Foundation Details: Crawl Space
  • Roof Pitched: Yes
  • Construction Materials Vinyl Siding: Yes
  • Roof Asphalt3: Yes

Garage/Parking

  • Has Attached Garage?: Yes
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 4.0
  • Parking Features Attached: Yes
  • Parking Features Garage: Yes
  • Parking Information Parking Total4: 4.0

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available, Water Meter Installed
  • Water Source: Public
  • Laundry Features: In Kitchen
  • Cooling: Evaporative Cooling
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Utilities Water Meter Installed: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes
  • Utilities Heating Y N5: Yes
  • Utilities Cooling Y N5: Yes

Schools

  • Middle Or Junior School: Sparks

Lot Info

  • Parcel Number: 03128106
  • Fencing: Full
  • Lot Size Sq Ft: 5227.2
  • Zoning: MUD

Multi Family

  • Gross Scheduled Income: 35040.0
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 929.96

MLS Schools

  • Elementary School: Mitchell
  • HighSchool: Sparks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2022
Closed on
Jun 14, 2022
Sold by
6Ten Properties Llc
Bought by
High Sierra Properties Llc
Seller's Agent
Shaun O'Harra
RE/MAX Gold
Buyer's Agent
Jim Elliott
RE/MAX Professionals-Reno
List Price
$469,000
Sold Price
$465,500
Premium/Discount to List
-$3,500
-0.75%
Current Estimated Value
$452,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,948
Avg. Annual Appreciation
-2.68%

Purchase Details

Closed on
Sep 6, 2019
Sold by
Salvato Aldo J
Bought by
6Ten Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 16, 2016
Sold by
Ferguson William M and Ferguson Vicki A
Bought by
Salvato Aldo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,739
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 28, 2004
Sold by
Angle Ernestine J
Bought by
Ferguson William M and Ferguson Vicki A
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
High Sierra Properties Llc $465,500 Stewart Title
6Ten Properties Llc $244,000 Etrco
Salvato Aldo $180,000 Ticor Title Reno Main
Ferguson William M $175,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open High Sierra Properties Llc $302,500
Previous Owner 6Ten Properties Llc $200,000
Previous Owner Salvato Aldo $176,739
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $465,500 -0.7% $364 / Sq Ft
05/19/2022 05/19/22 Pending -- -- --
05/16/2022 05/16/22 For Sale $469,000 -- $367 / 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 $1,013 $58,530 $39,634 $18,896
2024 $1,013 $55,021 $36,775 $18,246
2023 $2,117 $54,233 $37,340 $16,893
2022 $870 $45,038 $31,222 $13,817
2021 $805 $37,554 $24,106 $13,448
2020 $756 $38,133 $24,938 $13,195
2019 $722 $33,830 $21,347 $12,483
2018 $688 $26,406 $14,431 $11,975
2017 $660 $25,058 $13,300 $11,758
2016 $646 $22,433 $10,640 $11,793
2015 $166 $19,296 $7,648 $11,648
2014 $630 $17,634 $6,650 $10,984
2013 -- $16,616 $5,852 $10,764
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 220006785

Northern Nevada Regional MLS

APN: 031-281-06