NOT LISTED FOR SALE

227 and 227.5 20th St Sparks, NV 89431

Downtown Sparks Neighborhood

Estimated Value: $288,000 - $376,000

1 Bed
2 Baths
873 Sq Ft
$379/Sq Ft Est. Value

Last Sold March 17, 2020

Last sale price $255,000 $292 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,895/month

38 Days on Market

Highlights

  • Additional Residence on Property
  • Ceramic Tile Flooring
  • Landscaped
  • Triple Pane Windows
  • 1-Story Property
  • Baseboard Heating

About This Home

As of March 2020

2 detached homes each with their own fenced yards, conveniently located between Victorian and Prater Avenues. Easy access to public transportation and to both the I-80 and 395/580. Close to casinos, restaurants and only a few minute walk to downtown Sparks where you can take advantage of all the amenities and events. Please do not disturb current long term tenants.

Last Listed By

Steven Melching

Rustic Realty License #B.427 Listed on: 01/08/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $516

Year Built

  • Built in 1945

Lot Details

  • 5,227 Sq Ft Lot
  • Property is Fully Fenced
  • Landscaped

Home Design

  • Wood Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Composition Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 873 Sq Ft Home
  • 1-Story Property
  • Triple Pane Windows
  • Crawl Space
  • Fire and Smoke Detector
  • Oven or Range
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Parking Spaces Included
  • Assigned Parking

Additional Homes

  • Additional Residence on Property

Utilities

  • Cooling System Utilizes Natural Gas
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Separate Meters
  • Natural Gas Water Heater
  • Internet Available

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Utilities Included
  • Assessor Parcel Number 03206403

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$516

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Type Of Property: 2 Sfr On 1 Apn
  • Extended Remarks: Seller also owns the parcel which backs up to this one, at 226, 226.5 21st Street which would also be available for purchase if someone wishes to own both parcels which would extend property from 20th to 21st Street. Seller is a Nevada Real Estate Licensee. Offers can be made subject to inspection of interior of properties, and access will be permitted only upon seller acceptance of offer. Seller may consider carrying note with acceptable downpayment and terms. Property is being sold in "as is" condition. Buyers may get any inspections they wish.
  • Lvt Date: 01/08/2020
  • Year Built: 1945
  • Access Type: Public
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven/Range
  • Water Heater: Electric, Natural Gas, Varies By Unit
  • Flooring: Ceramic Tile, Carpet, Sheet Vinyl
  • Price Per Sq Ft: 292.1
  • Sold Price Per Sq Ft: 292.1
  • Source Of Sq Ft: Assessor
  • Gross Sq Ft: 873

Exterior Features

  • Windows: Triple Pane
  • Construction: Wood Frame
  • Exterior: Vinyl Siding, Wood Siding
  • Fenced: Full, Partial, Varies Per Unit
  • Foundation: Concrete/Crawl Space, Concrete Slab, Wood
  • Landscaped: Partially Landscaped
  • Roof: Composition/Shingle, Pitched
  • Stories: 1 Story

Garage/Parking

  • Total Parking Capacity: 4
  • Parking Capacity Per Unit: 2
  • Parking Types: Designated Parking

Utilities

  • Heating Cooling: Baseboard, Natural Gas, Wall Heater, Varies By Unit
  • Internet: Yes
  • Utilities: City/County Water, City Sewer, Electricity, Natural Gas, Varies By Unit
  • Facility Features: Landlord Pays Utilities, Separate Heating/Cooling, Separate Meters-Electric, Separate Water Heaters, Tenant Pays Utilities
  • Individually Metered: Yes
  • Laundry: Hook-Up, Varies Per Unit

Lot Info

  • Acreage: 0.12
  • Parcel Number: 03206403
  • Zoning Actual: MUD

Green Features

  • Green Features: Triple Pane Windows

Rental Info

  • Current Lease: Month To Month

Tax Info

  • Taxes Dollar: 516.4

Multi Family

  • Number Units: 2
  • Unit Features: Smoke Detector

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2020
Closed on
Mar 17, 2020
Sold by
Melching Steven M and Melching Yvonne S
Bought by
Vargas Alfonso Moreno
Seller's Agent
Steven Melching
Rustic Realty
Buyer's Agent
Tawny Garrick
Sierra Sotheby's Intl. Realty
List Price
$269,900
Sold Price
$255,000
Premium/Discount to List
-$14,900
-5.52%
Total Days on Market
38
Current Estimated Value
$330,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,810
Avg. Annual Appreciation
5.17%
Original Mortgage
$191,250
Outstanding Balance
$171,187
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$159,623

Purchase Details

Closed on
Apr 20, 2015
Sold by
Melching Steven M
Bought by
Melching Steven M and Melching Yvonne S

Purchase Details

Closed on
Mar 28, 1997
Sold by
Ferguson Donna
Bought by
Melching Steven M

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
Vargas Alfonso Moreno $255,000 Western Title Company
Melching Steven M -- First Centennial Title Co
Melching Steven M -- Western Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vargas Alfonso Moreno $191,250
Previous Owner Melching Steven M $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2020 03/17/20 Sold $255,000 -3.2% $292 / Sq Ft
02/15/2020 02/15/20 Pending -- -- --
02/10/2020 02/10/20 Price Changed $263,500 -2.4% $302 / Sq Ft
01/08/2020 01/08/20 For Sale $269,900 -- $309 / 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 $726 $51,126 $39,634 $11,492
2024 $676 $47,530 $36,775 $10,756
2023 $676 $47,296 $37,340 $9,956
2022 $641 $39,360 $31,222 $8,138
2021 $577 $32,025 $24,106 $7,919
2020 $542 $32,710 $24,938 $7,772
2019 $516 $28,655 $21,347 $7,308
2018 $502 $21,425 $14,431 $6,994
2017 $488 $20,164 $13,300 $6,864
2016 $482 $17,521 $10,640 $6,881
2015 -- $14,452 $7,648 $6,804
2014 $469 $13,052 $6,650 $6,402
2013 -- $12,163 $5,852 $6,311
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Steven Melching

    Rustic Realty

    (775) 750-9333

    3 in this area

    11 Total Sales

    Steven Melching
    Section Image
  • Tawny Garrick

    Buyer's Agent in 2020

    Tawny Garrick

    Sierra Sotheby's Intl. Realty

    (775) 772-3519

    82 Total Sales

    Tawny Garrick
    Section Image
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Map

Source: Northern Nevada Regional MLS

MLS Number: 200000220

Northern Nevada Regional MLS

APN: 032-064-03

Nevada Washoe County Sparks 89431 Downtown Sparks

227 and 227.5 20th St, Sparks, NV

Homes for Sale in Sparks, NV

This home is located at 227 and 227.5 20th St, Sparks, NV 89431 since 08 January 2020 and is currently estimated at $330,810, approximately $378 per square foot. This property was built in 1945. 227 and 227.5 20th St is a home located in Washoe County with nearby schools including Robert Mitchell Elementary School, Sparks Middle School, and Sparks High School.

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