NOT LISTED FOR SALE

2011 & 2013 H St Unit 2011 1/2. Or 3 unit Sparks, NV 89431

Downtown Sparks Neighborhood

Estimated Value: $567,000 - $592,000

2 Beds
5 Baths
1,264 Sq Ft
$459/Sq Ft Est. Value

Last Sold September 19, 2018

Last sale price $314,000 $248 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $3,337/month

43 Days on Market

Highlights

  • Double Pane Windows
  • Landscaped
  • Back and Front Yard Fenced
  • 1-Story Property
  • Asbestos
  • Wood Siding

About This Home

As of September 2018

3 Nice Rental units with 3 private yards. Great cash flow and easy to rent. Seller has fixed up property over the years. Great rental income with lots of shade and trees. 2 houses on one lot. The front unit of H Street is a duplex with a bigger unit and a smaller studio. The back house off the Ally is detached and very desirable. Front 2 units are rented at below market rates. See income data and expenses in Documents attached. Studio on Month to Month Lease.

Last Listed By

David Wood

Haute Properties NV License #S.166922 Listed on: 06/28/2018

Haute Properties NV

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $717

Year Built

  • Built in 1940

Lot Details

  • 5,663 Sq Ft Lot
  • Back and Front Yard Fenced
  • Landscaped

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Composition Shingle Roof
  • Wood Siding
  • Asbestos
  • Stucco Exterior

Interior Spaces

  • 1,264 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Parking

  • 5 Parking Spaces
  • 1 Parking Space Included

Utilities

  • Cooling System Utilizes Natural Gas
  • Heating System Uses Natural Gas
  • Master Meter
  • Master Gas Meter
  • Master Water Meter
  • Natural Gas Water Heater
  • Internet Available

Community Details

  • 2 Buildings
  • 3 Units
  • 2011 And 2011 1/2 & 2013 Community

Listing and Financial Details

  • Assessor Parcel Number 03126102

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$717

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Type Of Property: Duplex, Triplex, 4-Plex
  • Lvt Date: 06/28/2018
  • Year Built: 1940
  • Access Type: Public
  • Xstreet Directions: Sullivan St East on H Street
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal, Dishwasher, Oven/Range, Refrigerator, Varies Per Unit
  • Water Heater: Natural Gas, Varies by Unit
  • Flooring: Carpet, Laminate, Sheet Vinyl
  • Price Per Sq Ft: 248.42
  • Sold Price Per Sq Ft: 248.42
  • Source Of Sq Ft: Assessor
  • Gross Sq Ft: 1264

Exterior Features

  • Windows: Double Pane
  • Construction: Wood Frame
  • Exterior: Asbestos, Stucco, Wood Siding
  • Fenced: Back, Front, Partial, Varies Per Unit
  • Foundation: Concrete/Crawl Space, Concrete Slab
  • Landscaped: Partially Landscaped
  • Roof: Composition/Shingle, Pitched
  • Stories: 1 Story

Garage/Parking

  • Total Parking Capacity: 5
  • Parking Capacity Per Unit: 1
  • Parking Types: Varies Per Unit

Utilities

  • Heating Cooling: Natural Gas, Varies by Unit
  • Internet: Yes
  • Utilities: City/County Water, City Sewer, Electricity, Natural Gas
  • Facility Features: Master Meter-Electric, Master Meter-Gas, Master Meter-Water, Separate Meters-Electric, Tenant Pays Utilities
  • Laundry: Varies Per Unit

Condo/Co-op/Association

  • Complex Name: 2011 and 2011 1/2 & 2013

Lot Info

  • Acreage: 0.13
  • Parcel Number: 03126102
  • Zoning Actual: MUD

Green Features

  • Green Features: Double Pane Windows

Rental Info

  • Current Lease: Leases

Tax Info

  • Taxes Dollar: 717

Multi Family

  • Annual Expenses: 3000
  • Annual Vacancy: 0.05
  • APOD Available: Yes
  • Gross Scheduled Income: 31200
  • Number Units: 3
  • Unit Features: Smoke Detector

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2022
Sold by
Skroch David C
Bought by
David Skroch Revocable Trust
Total Days on Market
43
Current Estimated Value
$580,079

Purchase Details

Listed on
Jun 28, 2018
Closed on
Sep 18, 2018
Sold by
Ben Jamison Properties Llc
Bought by
Skroch David C
Seller's Agent
David Wood
Haute Properties NV
Buyer's Agent
Joshua Skroch
RE/MAX Professionals-Reno
List Price
$340,000
Sold Price
$314,000
Premium/Discount to List
-$26,000
-7.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.62%
Original Mortgage
$314,000
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
Sep 4, 2013
Sold by
Wood Is Good Llc
Bought by
Ben Jamison Properties Llc

Purchase Details

Closed on
May 24, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Wood Is Good Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
4.71%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 14, 2011
Sold by
Dela Luz Jose Luiz
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Dec 1, 2005
Sold by
Foreman Paul S and Foreman Susan
Bought by
Dela Luz Jose Luis

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
8.65%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 14, 2001
Sold by
Chun Raymond W S and Valin Tony R
Bought by
Foreman Paul S and Foreman Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
6.91%

Purchase Details

Closed on
May 5, 1998
Sold by
Valin Tony and Valin Tony R
Bought by
Valin Tony R and Living Trust Of Tony R Valin

Purchase Details

Closed on
Jul 15, 1997
Sold by
Nixon Marie
Bought by
Chun Raymond W S and Valin Tony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,350
Interest Rate
7.49%

Purchase Details

Closed on
Apr 2, 1997
Sold by
Irvin Sharon and Basta Sharon
Bought by
Nixon Marie

Purchase Details

Closed on
Mar 31, 1997
Sold by
Irvin Lawrence O
Bought by
Irvin Sharon

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
David Skroch Revocable Trust -- None Listed On Document
Skroch David C $314,000 First Centennial Title Co
Ben Jamison Properties Llc $82,000 None Available
Wood Is Good Llc $54,500 Ticor Title Reno
Deutsche Bank National Trust Company $74,846 Accommodation
Dela Luz Jose Luis $250,000 First Centennial Title Co
Foreman Paul S $142,500 First Centennial Title Co
Valin Tony R -- --
Chun Raymond W S $121,500 First American Title Co
Nixon Marie -- First American Title Co
Irvin Sharon -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Skroch David C $373,750
Previous Owner Skroch David C $316,304
Previous Owner Skroch David C $314,000
Previous Owner Wood Is Good Llc $25,000
Previous Owner Wood Is Good Llc $40,000
Previous Owner Dela Luz Jose Luis $200,000
Previous Owner Foreman Paul S $114,000
Previous Owner Chun Raymond W S $109,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2018 09/19/18 Sold $314,000 0.0% $248 / Sq Ft
08/10/2018 08/10/18 Pending -- -- --
08/03/2018 08/03/18 Price Changed $314,000 -0.3% $248 / Sq Ft
07/28/2018 07/28/18 Price Changed $315,000 -1.3% $249 / Sq Ft
07/24/2018 07/24/18 Price Changed $319,000 -0.6% $252 / Sq Ft
07/24/2018 07/24/18 Price Changed $321,000 0.0% $254 / Sq Ft
07/21/2018 07/21/18 Price Changed $321,100 -2.4% $254 / Sq Ft
07/19/2018 07/19/18 Price Changed $329,000 -0.9% $260 / Sq Ft
07/10/2018 07/10/18 Price Changed $332,000 -0.9% $263 / Sq Ft
07/03/2018 07/03/18 Price Changed $335,000 -1.5% $265 / Sq Ft
06/28/2018 06/28/18 For Sale $340,000 -- $269 / 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 $1,083 $64,253 $47,250 $17,003
2024 $1,083 $60,957 $43,960 $16,997
2023 $1,003 $59,743 $44,625 $15,118
2022 $929 $47,298 $34,685 $12,613
2021 $875 $42,638 $30,310 $12,328
2020 $818 $42,463 $30,310 $12,153
2019 $779 $36,805 $25,235 $11,570
2018 $750 $29,672 $18,585 $11,087
2017 $717 $28,705 $17,850 $10,855
2016 $710 $25,534 $14,700 $10,834
2015 $202 $21,884 $11,130 $10,754
2014 $695 $19,553 $9,450 $10,103
2013 -- $17,780 $7,875 $9,905
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 180009213

Northern Nevada Regional MLS

APN: 031-261-02