NOT LISTED FOR SALE

218 3rd St Sparks, NV 89431

Downtown Sparks Neighborhood
4 Beds
4 Baths
2,580 Sq Ft
3,920 Sq Ft Lot

Last Sold August 16, 2022

Last sale price $709,000 $275 Per Sq Ft

150 Days on Market

Highlights

  • Double Pane Windows
  • Tandem Parking
  • Laundry Room
  • Brick or Stone Veneer
  • Cooling Available
  • 4-minute walk to Poulakidas Park

About This Home

As of August 2022

This property is a two story 4-plex located one block from Victorian Ave in Sparks. Close to shopping, public transportation on the corner. Block construction allows for low maintenance costs. Property is fully occupied and is a proven money maker. Please call listing agent for current APOD Property is occupied so please do not disturb the tenants.

Last Agent to Sell the Property

Russell E. Langella

Reno Country Properties License #B.143856 Listed on: 02/09/2022

Last Buyer's Agent

Russell E. Langella

Reno Country Properties License #B.143856 Listed on: 02/09/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,950

Year Built

  • Built in 1972

Lot Details

  • 3,920 Sq Ft Lot

Home Design

  • Quadruplex
  • Brick or Stone Veneer
  • Pitched Roof
  • Masonry

Interior Spaces

  • 2,580 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Aluminum Window Frames
  • Laundry Room

Kitchen

  • Oven
  • Gas Range
  • Disposal

Flooring

  • Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Tandem Parking
  • Assigned Parking

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 03331412

Community Details

Overview

  • 4 Units
  • The community has rules related to covenants, conditions, and restrictions

Building Details

  • Vacancy Allowance $944
  • Net Operating Income $34,676

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,950

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Year Built: 1972
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Lot Size Acres: 0.09
  • Road Frontage Type: Public
  • Co List Office Mls Id: 1962-o
  • Co List Office Phone: 775-686-8224
  • Directions: Victorian
  • Has Cooling?: Yes
  • Tax Legal Zoning4: MUD
  • Building Stories5: 2
  • Cooling Electric: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Water Heater Electric5: Yes
  • Appliances Disposal: Yes
  • Construction Materials Brick: Yes
  • Construction Materials Masonry Veneer: Yes
  • Lot Lot Size Acres4: 0.09
  • Lot Lot Size Square Feet4: 3920.4
  • Appliances Oven: Yes
  • Appliances Gas Range: Yes
  • Tax Legal Tax Annual Amount3: 1950.0
  • Typeof Construction Masonry5: Yes
  • Incomeand Expenses Net Operating Income: 34676.0
  • Contract Rent Control Y N: No
  • Association Community Number Of Buildings2: 1.0
  • Building Number Of Units Total5: 4.0
  • 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: No
  • 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: No
  • Meter Information One Primary Water Meter Y N: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Oven, Disposal, Gas Range, Refrigerator
  • Flooring: Carpet, Vinyl
  • Number Of Buildings: 1
  • Window Features: Double Pane Windows, Metal Frames
  • Flooring Carpet: Yes
  • Window Features Double Pane Windows: Yes
  • Window Features Metal Frames: Yes
  • Flooring Vinyl: Yes
  • Interior Building Area Total3: 2580.0
  • Laundry Features Common Area2: Yes

Exterior Features

  • Roof: Pitched
  • Stories: 2
  • Construction Type: Brick, Masonry Veneer
  • Roof Pitched: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: Assigned, Tandem, None
  • Total Parking Spaces: 4.0
  • Parking Features Tandem: Yes
  • Parking Information Parking Total4: 4.0
  • Parking Features Assigned: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Water Meter Installed
  • Water Source: Public
  • Laundry Features: Common Area
  • Cooling: Electric
  • Heating: Electric, Natural Gas, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Utilities Water Meter Installed: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes
  • Heating Electric4: Yes
  • Heating Wall Furnace: Yes
  • Utilities Heating Y N5: Yes
  • Utilities Cooling Y N5: Yes

Lot Info

  • Parcel Number: 03331412
  • Fencing: None
  • Lot Size Sq Ft: 3920.4
  • Zoning: MUD

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Scheduled Income: 45300.0
  • Number Of Units Total: 4
  • Income And Expenses Vacancy Allowance: 944
  • Income And Expenses Vacancy Allowance: 944

Tax Info

  • Tax Annual Amount: 1950.0

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2022 08/16/22 Sold $709,000 -5.3% $275 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
06/17/2022 06/17/22 For Sale $749,000 0.0% $290 / Sq Ft
06/17/2022 06/17/22 Price Changed $749,000 +5.6% $290 / Sq Ft
03/21/2022 03/21/22 Off Market $709,000 -- --
03/03/2022 03/03/22 Pending -- -- --
02/08/2022 02/08/22 For Sale $849,000 -- $329 / Sq Ft
Source: Northern Nevada Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Russell E. Langella

    Reno Country Properties

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Map

Source: Northern Nevada Regional MLS

MLS Number: 220001493

Northern Nevada Regional MLS
Nevada Washoe County Sparks 89431 Downtown Sparks

218 3rd St, Sparks, NV

This home is located at 218 3rd St, Sparks, NV 89431 since 09 February 2022. This property was built in 1972. 218 3rd St is a home located in Washoe County with nearby schools including Lincoln Park Elementary School, George L Dilworth Middle School, and Sparks High School.

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