NOT LISTED FOR SALE

Estimated Value: $664,000 - $942,855

11 Beds
6 Baths
4,032 Sq Ft
$207/Sq Ft Est. Value

Last Sold December 10, 2018

Last sale price $620,000 $154 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,855/month

11 Days on Market

Highlights

  • 0.37 Acre Lot
  • 1-Story Property
  • Partially Fenced Property
  • Forced Air Heating and Cooling System
  • Landscaped
  • Wood Siding

About This Home

As of December 2018

Great investment opportunity in Sparks. This unique property features 3-duplex units, 4 covered and 4 uncovered parking spaces and a spacious common area for all to enjoy. The property is located near shopping, schools and a short distance from Victorian Square which is home to events such as Hot August Nights and the Best in the West Rib Cook-off. All 6 units are currently tenant occupied, to maintain their privacy, these units can be shown on a drive by basis only.

Last Listed By

Joshua Fink

RE/MAX Professionals-Reno License #S.167017 Listed on: 09/20/2018

RE/MAX Professionals-Reno

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,542

Year Built

  • Built in 1962

Lot Details

  • 0.37 Acre Lot
  • Property fronts an alley
  • Partially Fenced Property
  • Landscaped
  • Front Yard Sprinklers

Home Design

  • Wood Frame Construction
  • Pitched Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 4,032 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Oven or Range

Flooring

  • Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • Carport
  • 1 Parking Space Included
  • Parking Lot

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Mounted To A Wall or Window
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • 3 Buildings
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 03126101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,542

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Type Of Property: Duplex, Triplex, 4-Plex
  • Lvt Date: 09/21/2018
  • Year Built: 1962
  • Access Type: Public
  • Xstreet Directions: Oddie Blvd to Sullivan Ln to H Street
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven/Range, Refrigerator
  • Water Heater: Natural Gas
  • Flooring: Carpet, Sheet Vinyl
  • Price Per Sq Ft: 153.77
  • Sold Price Per Sq Ft: 153.77
  • Source Of Sq Ft: Assessor
  • Gross Sq Ft: 4032

Exterior Features

  • Windows: Varies by Unit
  • Construction: Wood Frame
  • Exterior: Wood Siding
  • Fenced: Partial
  • Foundation: Concrete/Crawl Space
  • Landscaped: Partially Landscaped
  • Roof: Asphalt, Pitched
  • Stories: 1 Story

Garage/Parking

  • Total Parking Capacity: 8
  • Parking Capacity Per Unit: 1
  • Parking Types: Common, Carport, Varies Per Unit

Utilities

  • Sprinklers: Front, Yes
  • Heating Cooling: Air Unit, Wall Heater
  • Internet: Yes
  • Utilities: Cable, City/County Water, Electricity, Natural Gas, Telephone, Internet Available
  • Facility Features: Separate Meters-Electric, Separated Meters-Gas, Separate Meters-Water
  • Individually Metered: Yes

Condo/Co-op/Association

  • Common Features: Alley Access

Lot Info

  • Acreage: 0.37
  • Parcel Number: 03126101
  • Zoning Actual: MUD

Rental Info

  • Current Lease: Leases

Tax Info

  • Taxes Dollar: 5542.14

Multi Family

  • Number Units: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2018
Closed on
Dec 5, 2018
Sold by
Parker Elizabeth
Bought by
Sanglier Llc
Seller's Agent
Joshua Fink
RE/MAX Professionals-Reno
Buyer's Agent
Dustin Hall
RE/MAX Professionals-Reno
List Price
$695,000
Sold Price
$620,000
Premium/Discount to List
-$75,000
-10.79%
Total Days on Market
11
Current Estimated Value
$833,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,964
Avg. Annual Appreciation
4.70%
Original Mortgage
$434,000
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 12, 2003
Sold by
Costello Shirley J
Bought by
Costello Greg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.26%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 5, 2003
Sold by
Costello Greg
Bought by
Parker David and The Bower Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.26%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 24, 2002
Sold by
Costello Greg
Bought by
Costello Greg and Costello Shirley J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,400
Interest Rate
6.86%
Mortgage Type
Commercial

Range of Values:

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Average Value
Not Available
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
Sanglier Llc $620,000 First Centennial Reno
Costello Greg $465,000 Stewart Title Of Northern Nv
Parker David $465,000 Stewart Title Of Northern Nv
Costello Greg -- Western Title Company Inc
Costello Greg $284,000 Western Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sanglier Llc $434,000
Previous Owner Parker David $85,000
Previous Owner Parker David $65,000
Previous Owner Parker David $100,000
Previous Owner Costello Greg $241,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2018 12/10/18 Sold $620,000 -10.8% $154 / Sq Ft
10/01/2018 10/01/18 Pending -- -- --
09/20/2018 09/20/18 For Sale $695,000 -- $172 / 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 $2,248 $110,177 $61,703 $48,474
2024 $2,288 $105,507 $58,175 $47,332
2023 $1,707 $99,808 $59,057 $40,751
2022 $2,120 $80,615 $46,165 $34,450
2021 $2,012 $73,089 $39,375 $33,714
2020 $1,907 $72,681 $39,375 $33,306
2019 $1,833 $65,046 $33,390 $31,656
2018 $5,542 $60,437 $30,030 $30,407
2017 $2,695 $59,075 $29,400 $29,675
2016 $1,651 $54,668 $25,200 $29,468
2015 $1,681 $46,824 $17,220 $29,604
2014 $1,639 $44,420 $16,800 $27,620
2013 -- $40,509 $13,650 $26,859
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 180014313

Northern Nevada Regional MLS

APN: 031-261-01