NOT LISTED FOR SALE

2540 Springland Dr Sparks, NV 89434

Reed Neighborhood

Estimated Value: $473,000 - $500,066

4 Beds
3 Baths
2,130 Sq Ft
$230/Sq Ft Est. Value

Last Sold August 28, 2024

Last sale price $475,000 $223 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,740/month

About This Home

As of August 2024

If you're looking for a timeless home that's been beautifully maintained, look no further! With four bedrooms, RV parking, and thoughtful touches throughout, discover an exceptional property that truly does it all. Enjoy thoughtful updates like new triple pane soundproof windows, fresh exterior paint, and more. The grand foyer begins the spacious floor plan, which highlights neutral finishes and a practical blend of tile and wood laminate flooring. A quintessential kitchen showcases concrete counter tops,, plenty of cabinetry, and a cozy breakfast nook, opening up to a comfortable living area with a brick fireplace. In the primary suite, an inviting space with plush carpet flows seamlessly into the private bathroom, featuring a functional storage closet and water closet. Additional bedrooms curate an abundance of excellent space for any use. From the privacy of your fully-enclosed backyard, you'll adore the quaint covered patio, hot tub, and simple landscaping. Other notable improvements include a replaced roof, upgraded furnace and upgraded hot water heater. Don't miss out on this special Sparks home!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2024
Closed on
Aug 23, 2024
Sold by
2021 Mark And Genevieve Smith Family Tru and Smith Mark
Bought by
Wilcox Mina
Seller's Agent
Carol Phillips
Chase International-Damonte
Buyer's Agent
Paul Dunham
eXp Realty LLC
List Price
$495,000
Sold Price
$475,000
Premium/Discount to List
-$20,000
-4.04%
Views
77
Current Estimated Value
$489,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,767
Avg. Annual Appreciation
2.90%
Original Mortgage
$466,396
Outstanding Balance
$461,870
Interest Rate
6.77%
Mortgage Type
FHA
Estimated Equity
$27,897

Purchase Details

Closed on
Sep 19, 2021
Sold by
Smith Mark and Smith Genevieve
Bought by
Smith Mark and Smith Genevieve

Purchase Details

Closed on
Dec 22, 2005
Sold by
Smith Genevieve L and Smith Mark E
Bought by
Smith Mark E and Smith Genevieve L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2002
Sold by
Smith Genevieve L and Smith Mark E
Bought by
Smith Mark E and Smith Genevieve L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,675
Interest Rate
6.84%

Purchase Details

Closed on
Nov 9, 1999
Sold by
Norris Gary M and Norris Catherine J
Bought by
Smith Genevieve L and Smith Mark E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
7.95%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Wilcox Mina $475,000 First American Title
Smith Mark -- None Available
Smith Mark E -- Ticor Title Of Nevada Inc
Smith Mark E -- First American Title
Smith Genevieve L $160,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilcox Mina $466,396
Previous Owner Smith Mark E $262,000
Previous Owner Smith Mark E $152,675
Previous Owner Smith Genevieve L $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2024 08/28/24 Sold $475,000 -2.1% $223 / Sq Ft
07/26/2024 07/26/24 Pending -- -- --
07/24/2024 07/24/24 Price Changed $485,000 -2.0% $228 / Sq Ft
07/03/2024 07/03/24 For Sale $495,000 -- $232 / Sq Ft

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 $1,842 $71,066 $36,120 $34,946
2024 $1,842 $69,437 $33,215 $36,222
2023 $1,789 $70,194 $35,175 $35,019
2022 $1,737 $56,595 $26,740 $29,855
2021 $1,687 $52,189 $21,735 $30,454
2020 $1,636 $51,884 $20,720 $31,164
2019 $1,589 $51,410 $20,720 $30,690
2018 $1,543 $45,051 $14,455 $30,596
2017 $1,499 $44,910 $13,720 $31,190
2016 $1,461 $43,702 $12,250 $31,452
2015 $1,458 $42,336 $10,325 $32,011
2014 $1,417 $40,103 $9,030 $31,073
2013 -- $37,856 $6,860 $30,996
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Carol Phillips

    Chase International-Damonte

    (775) 848-9115

    1 in this area

    58 Total Sales

    Carol Phillips
    Section Image
  • Trevor Phillips

    Seller Co-Listing Agent in 2024

    Trevor Phillips

    Chase International Carson Cit

    (775) 276-1832

    2 in this area

    66 Total Sales

    Trevor Phillips
    Section Image
  • Paul Dunham

    Buyer's Agent in 2024

    Paul Dunham

    eXp Realty LLC

    (775) 303-8656

    5 in this area

    222 Total Sales

    Paul Dunham
    Section Image
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Map

Nevada Washoe County Sparks 89434 Reed

2540 Springland Dr, Sparks, NV

This home is located at 2540 Springland Dr, Sparks, NV 89434 and is currently estimated at $489,767, approximately $229 per square foot. 2540 Springland Dr is a home located in Washoe County with nearby schools including Lloyd Diedrichsen Elementary School, Lou Mendive Middle School, and Edward C Reed High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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