NOT LISTED FOR SALE

2238 Prater Way Sparks, NV 89431

Downtown Sparks Neighborhood
8 Beds
8 Baths
4,337 Sq Ft
0.35 Acres

Last Sold October 08, 2020

Last sale price $950,000 $219 Per Sq Ft

34 Days on Market

Highlights

  • 0.35 Acre Lot
  • Laundry Room
  • Partially Fenced Property
  • Double Pane Windows
  • Drip System Landscaping
  • Wood Siding

About This Home

As of October 2020

Great opportunity and newer construction! Each Apartment is currently under rented by at least $300.00 per month. Built in 2016 by one of areas most prestigious builders. Fire sprinklers in all units!! Property is neat as a pin w/ landscaping and fencing, and 10 off street parking spots!

Last Listed By

Brenda McNulty

Ferrari-Lund Real Estate Reno License #S.4787 Listed on: 07/21/2020

Ferrari-Lund Real Estate Reno

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,909

Year Built

  • Built in 2015

Lot Details

  • 0.35 Acre Lot
  • Partially Fenced Property
  • Drip System Landscaping
  • Sprinklers on Timer

Home Design

  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Composition Shingle Roof
  • Wood Siding

Interior Spaces

  • 4,337 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Vinyl Clad Windows
  • Blinds
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Parking

  • 10 Parking Spaces
  • 1 Parking Space Included
  • Parking Lot

Utilities

  • Heating System Mounted To A Wall or Window
  • Separate Meters
  • Separate Water Meter
  • Electric Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 03124116

Community Details

Overview

  • 8 Units
  • No Name Community

Pet Policy

  • Pets allowed on a case-by-case basis

Additional Features

  • Laundry Facilities
  • Net Operating Income $42,465

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,909

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Type Of Property: Apartment Building (up To 8 Units)
  • Extended Remarks: Individual meters! Separate laundry room!! One owner is a licensed Real Estate Agent/ State of Nevada
  • Lvt Date: 07/21/2020
  • Year Built: 2015
  • Access Type: Public
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Oven/Range, Dishwasher
  • Water Heater: Electric
  • Flooring: Carpet, Laminate
  • Price Per Sq Ft: 219.05
  • Sold Price Per Sq Ft: 219.05
  • Source Of Sq Ft: Assessor
  • Gross Sq Ft: 4337

Exterior Features

  • Windows: Double Pane, Vinyl Frame
  • Construction: Wood Frame
  • Exterior: Wood Siding
  • Fenced: Partial
  • Foundation: Concrete/Crawl Space, Post & Pier
  • Landscaped: Partially Landscaped, Yes-Full
  • Roof: Composition/Shingle, Pitched
  • Stories: 2 Story

Garage/Parking

  • Total Parking Capacity: 10
  • Parking Capacity Per Unit: 1
  • Parking Types: Common

Utilities

  • Sprinklers: Automatic, Drip-Back, Drip-Front, Drip-Full
  • Heating Cooling: Electric, Wall Heater
  • Internet: Yes
  • Utilities: City/County Water, City Sewer, Electricity, Water Meter Installed
  • Facility Features: Separated Meters-Gas, Separate Meters-Electric, Separate Meters-Water, Pet Restrictions, Separate Water Heaters, Separate Heating/Cooling, Tenant Pays Utilities
  • Individually Metered: Yes
  • Laundry: Separate, Common

Condo/Co-op/Association

  • Complex Name: No Name

Lot Info

  • Acreage: 0.35
  • Parcel Number: 03124116
  • Zoning Actual: MUD

Green Features

  • Green Features: Double Pane Windows

Rental Info

  • Current Lease: Leases

Tax Info

  • Tax Database Id: 5
  • Taxes Dollar: 6909
  • Assessor Parcel Number: 03124116

Multi Family

  • Annual Expenses: 21015
  • Annual Vacancy: 1620
  • APOD Available: Yes
  • Gross Scheduled Income: 65188
  • Number Units: 8
  • Unit Features: Blinds/Shades, Fire Sprinklers, Smoke Detector

Range of Values:

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Sold Price
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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
10/08/2020 10/08/20 Sold $950,000 0.0% $219 / Sq Ft
08/24/2020 08/24/20 Pending -- -- --
08/22/2020 08/22/20 For Sale $950,000 0.0% $219 / Sq Ft
08/17/2020 08/17/20 Pending -- -- --
08/10/2020 08/10/20 For Sale $950,000 0.0% $219 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
07/21/2020 07/21/20 For Sale $950,000 +1192.5% $219 / Sq Ft
08/31/2015 08/31/15 Sold $73,500 -59.1% --
07/31/2015 07/31/15 Pending -- -- --
01/11/2010 01/11/10 For Sale $179,500 -- --
Source: Northern Nevada Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Brenda McNulty

    Ferrari-Lund Real Estate Reno

    (775) 762-2009

    1 in this area

    37 Total Sales

    Brenda McNulty
    Section Image

  • U

    Buyer's Agent in 2020

    Unrepresented Seller or Buyer

    Non MLS Office

  • Karen Walker-Hill

    Seller's Agent in 2015

    Karen Walker-Hill

    Ferrari-Lund Real Estate Reno

    (775) 688-4000

    5 in this area

    128 Total Sales

    Karen Walker-Hill
    Section Image
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Map

Source: Northern Nevada Regional MLS

MLS Number: 200009695

Northern Nevada Regional MLS

Nevada Washoe County Sparks 89431 Downtown Sparks

2238 Prater Way, Sparks, NV

Homes for Sale in Sparks, NV

This home is located at 2238 Prater Way, Sparks, NV 89431 since 21 July 2020. This property was built in 2015. 2238 Prater Way is a home located in Washoe County with nearby schools including Kate M Smith Elementary School, Sparks Middle School, and High Desert Montessori Charter School.

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