NOT LISTED FOR SALE

2550 E Cygnet Cir Sparks, NV 89431

Downtown Sparks Neighborhood

Estimated Value: $413,099 - $510,000

4 Beds
2 Baths
1,728 Sq Ft
$272/Sq Ft Est. Value

Last Sold February 23, 2021

Last sale price $350,000 $203 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,748/month

86 Days on Market

Highlights

  • Double Pane Windows
  • 1-Story Property
  • Forced Air Heating System
  • Ceramic Tile Flooring
  • Landscaped
  • 6 Car Garage

About This Home

As of February 2021

Duplex close to freeway. Tenants are clean and great and would like to stay. They are on month to month leases. Each unit has yard, garage and in one bedroom a walk-in closet. Garage has washer/dryer hook-ups. Some updating has been done. Plenty of parking per each unit.

Last Listed By

Ali Liptrot

Chase International-Damonte License #S.168357 Listed on: 10/16/2020

Chase International-Damonte

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,605

Year Built

  • Built in 1974

Lot Details

  • 6,098 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped

Home Design

  • Wood Frame Construction
  • Pitched Roof
  • Composition Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,728 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Vinyl Clad Windows
  • Crawl Space
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Laundry

  • Laundry in Garage
  • Washer and Dryer Hookup

Parking

  • 6 Car Garage
  • 3 Parking Spaces Included
  • Parking Available

Utilities

  • Cooling System Utilizes Natural Gas
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Master Water Meter
  • Natural Gas Water Heater
  • Internet Available

Community Details

  • 2 Units
  • Net Operating Income $17,370

Listing and Financial Details

  • Assessor Parcel Number 03139116

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,605

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Type Of Property: Duplex, Triplex, 4-Plex
  • Lvt Date: 10/16/2020
  • Year Built: 1974
  • Access Type: Public
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal, Refrigerator, Varies Per Unit
  • Water Heater: Natural Gas
  • Flooring: Ceramic Tile, Carpet, Laminate, Sheet Vinyl
  • Price Per Sq Ft: 202.55
  • Sold Price Per Sq Ft: 202.55
  • Source Of Sq Ft: Assessor
  • Gross Sq Ft: 1728

Exterior Features

  • Windows: Double Pane, Vinyl Frame
  • Construction: Wood Frame
  • Exterior: Wood Siding
  • Fenced: Partial
  • Foundation: Concrete/Crawl Space
  • Landscaped: Partially Landscaped
  • Roof: Composition/Shingle, Pitched
  • Stories: 1 Story

Garage/Parking

  • Total Parking Capacity: 6
  • Parking Capacity Per Unit: 3
  • Parking Types: Attached, Garage

Utilities

  • Heating Cooling: Forced Air, Natural Gas
  • Internet: Yes
  • Utilities: City/County Water, City Sewer, Electricity, Natural Gas
  • Facility Features: Master Meter-Water, Separate Heating/Cooling, Separate Meters-Electric, Separated Meters-Gas
  • Individually Metered: Yes
  • Laundry: Garage, Hook-Up

Condo/Co-op/Association

  • Complex Name: Unknown

Lot Info

  • Acreage: 0.14
  • Parcel Number: 03139116
  • Zoning Actual: MF

Green Features

  • Green Features: Double Pane Windows

Rental Info

  • Current Lease: Month To Month

Tax Info

  • Tax Database Id: 5
  • Taxes Dollar: 1605
  • Assessor Parcel Number: 03139116

Multi Family

  • Annual Expenses: 4830
  • APOD Available: Yes
  • Gross Scheduled Income: 22200
  • Number Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2022
Sold by
Valencia-Monterrosa Rafael A
Bought by
Monterrosa Sidalia O
Total Days on Market
86
Current Estimated Value
$470,775

Purchase Details

Listed on
Oct 16, 2020
Closed on
Feb 1, 2021
Sold by
Shikiar David M and Knight John P
Bought by
Valencia Monterrosa Rafael A and Monterrosa Sidalia O
Seller's Agent
Ali Liptrot
Chase International-Damonte
Buyer's Agent
Alfonso Zamora
LPT Realty, LLC
List Price
$347,000
Sold Price
$350,000
Premium/Discount to List
$3,000
0.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.24%
Original Mortgage
$260,625
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 2, 2017
Closed on
Feb 12, 2018
Sold by
Knight Evette
Bought by
Knight John P
Seller's Agent
Edward Lord
Fathom Realty
Buyer's Agent
Jody Wakamatsu
CalNeva Realty
List Price
$295,000
Sold Price
$270,000
Premium/Discount to List
-$25,000
-8.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.04%
Original Mortgage
$202,500
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 2, 2017
Closed on
Feb 7, 2018
Sold by
Lord Mark
Bought by
Shikiar David M and Knight John P
Seller's Agent
Edward Lord
Fathom Realty
Buyer's Agent
Jody Wakamatsu
CalNeva Realty
List Price
$295,000
Sold Price
$270,000
Premium/Discount to List
-$25,000
-8.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2011
Sold by
Williams Melba M
Bought by
Lord Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,921
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 6, 2005
Sold by
Wright M Bruce and Wright Susan D
Bought by
Williams Melba M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
5.33%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 22, 2004
Sold by
Wright M Bruce and Wright Susan D
Bought by
Wright M Bruce and Wright Susan D

Purchase Details

Closed on
Nov 20, 2003
Sold by
Cole David and Cole Arlene R
Bought by
Wright M Bruce M and Wright Susan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
4.04%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 23, 1999
Sold by
Swaim Ernest and Swaim Louise
Bought by
Cole David and Cole Arlene R B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,600
Interest Rate
8%

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
Monterrosa Sidalia O -- None Listed On Document
Valencia Monterrosa Rafael A $350,000 Western Title Company
Knight John P -- Reliant Title
Lord Mark -- Reliant Title
Shikiar David M $270,000 Reliant Title
Lord Mark $82,000 Stewart Title Of Nevada Reno
Williams Melba M $225,000 Founders Title Company Of Nv
Wright M Bruce -- --
Wright M Bruce M $415,466 Western Title Incorporated
Cole David $102,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Valencia Monterrosa Rafael A $260,625
Previous Owner Knight John P $202,500
Previous Owner Lord Mark $79,921
Previous Owner Williams Melba M $157,500
Previous Owner Wright M Bruce M $121,600
Previous Owner Cole David $81,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2021 02/23/21 Sold $350,000 +0.9% $203 / Sq Ft
01/10/2021 01/10/21 Pending -- -- --
12/12/2020 12/12/20 For Sale $347,000 0.0% $201 / Sq Ft
11/25/2020 11/25/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $347,000 +28.5% $201 / Sq Ft
02/23/2018 02/23/18 Sold $270,000 -9.7% $156 / Sq Ft
02/13/2018 02/13/18 Price Changed $299,000 +1.4% $173 / Sq Ft
11/02/2017 11/02/17 For Sale $295,000 -- $171 / 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 $1,504 $61,221 $41,720 $19,501
2024 $1,393 $58,721 $38,710 $20,011
2023 $1,393 $57,591 $39,305 $18,286
2022 $1,290 $49,176 $32,865 $16,311
2021 $1,195 $42,194 $25,375 $16,819
2020 $1,125 $43,665 $26,250 $17,415
2019 $1,071 $39,805 $22,470 $17,335
2018 $1,024 $32,582 $15,190 $17,392
2017 $982 $31,677 $14,000 $17,677
2016 $958 $29,760 $11,200 $18,560
2015 $957 $27,099 $8,050 $19,049
2014 $927 $25,499 $7,000 $18,499
2013 -- $24,679 $6,160 $18,519
Source: Public Records

Agents Affiliated with this Home

  • Ali Liptrot

    Seller's Agent in 2021

    Ali Liptrot

    Chase International-Damonte

    (415) 577-0733

    1 in this area

    86 Total Sales

    Ali Liptrot
    Section Image
  • Alfonso Zamora

    Buyer's Agent in 2021

    Alfonso Zamora

    LPT Realty, LLC

    (775) 722-8832

    4 in this area

    81 Total Sales

    Alfonso Zamora
    Section Image
  • Edward Lord

    Seller's Agent in 2018

    Edward Lord

    Fathom Realty

    (775) 843-3333

    6 Total Sales

    Edward Lord
    Section Image
  • Jody Wakamatsu

    Buyer's Agent in 2018

    Jody Wakamatsu

    CalNeva Realty

    (775) 742-5183

    17 Total Sales

    Jody Wakamatsu
    Section Image
See All Agents

Map

Source: Northern Nevada Regional MLS

MLS Number: 200014531

Northern Nevada Regional MLS

APN: 031-391-16

Nevada Washoe County Sparks 89431 Downtown Sparks

2550 E Cygnet Cir, Sparks, NV

Homes for Sale in Sparks, NV

This home is located at 2550 E Cygnet Cir, Sparks, NV 89431 since 16 October 2020 and is currently estimated at $470,775, approximately $272 per square foot. This property was built in 1974. 2550 E Cygnet Cir is a home located in Washoe County with nearby schools including Bernice Mathews Elementary School, Fred W. Traner Middle School, and Procter R. Hug High School.

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