NOT LISTED FOR SALE

2558 E Cygnet Cir Sparks, NV 89431

Downtown Sparks Neighborhood

Estimated Value: $433,051 - $513,000

5 Beds
1 Bath
1,896 Sq Ft
$256/Sq Ft Est. Value

Last Sold January 11, 2017

Last sale price $218,000 $115 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $2,794/month

234 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Forced Air Heating System
  • Partially Fenced Property
  • 1-Story Property
  • 4 Car Garage
  • Wood Siding

About This Home

As of January 2017

Beautifully maintained duplex with single car garage on each side. Total of 5 bedrooms and 2 bathrooms. Each unit has washer and dryer hookups in the garage. Newer appliances and beautiful laminate flooring in both units installed in 2014 and a new garage door in unit 2560 installed in 2014. Great tenants on leases. 3 bedroom unit pays $927 per month and 2 bedroom unit $795. Tenants pay for electric and heat and landlord for water and trash. Great income property & cash flow.

Last Listed By

Anna Lord

Tomana Realty License #B.1001127 Listed on: 04/03/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $967

Year Built

  • Built in 1974

Lot Details

  • 6,534 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Wood Frame Construction
  • Composition Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,896 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Oven or Range
  • Laundry in Garage

Flooring

  • Laminate
  • Ceramic Tile
  • Luxury Vinyl Tile

Parking

  • 4 Car Garage
  • 2 Parking Spaces Included

Utilities

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

Listing and Financial Details

  • Utilities Included
  • Assessor Parcel Number 03139114

Community Details

Overview

  • 2 Units
  • Cygnet Duplexes Community

Building Details

  • Net Operating Income $15,064

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$967

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: 04/03/2016
  • Year Built: 1974
  • Access Type: Public
  • Xstreet Directions: El Rancho
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven/Range, Refrigerator
  • Water Heater: Electric
  • Flooring: Ceramic Tile, Laminate, Vinyl Tile
  • Price Per Sq Ft: 114.98
  • Sold Price Per Sq Ft: 114.98
  • Source Of Sq Ft: Assessor
  • Gross Sq Ft: 1896

Exterior Features

  • Windows: Single Pane
  • Construction: Wood Frame
  • Exterior: Wood Siding
  • Fenced: Partial
  • Foundation: Concrete/Crawl Space
  • Roof: Composition/Shingle
  • Stories: 1 Story

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Complex Name: cygnet duplexes

Lot Info

  • Acreage: 0.15
  • Parcel Number: 03139114
  • Zoning Actual: R2

Rental Info

  • Current Lease: Leases

Tax Info

  • Taxes Dollar: 966.98

Multi Family

  • Annual Expenses: 3600
  • Annual Vacancy: 2000
  • Gross Scheduled Income: 20664
  • Number Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2016
Closed on
Jan 6, 2017
Sold by
Obrein Patrick B
Bought by
Alcaraz Victor and Alcaraz Felipa
Seller's Agent
Anna Lord
Tomana Realty
Buyer's Agent
Manuel Roberto
Solid Source Realty
List Price
$225,000
Sold Price
$218,000
Premium/Discount to List
-$7,000
-3.11%
Total Days on Market
234
Current Estimated Value
$485,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,013
Avg. Annual Appreciation
10.04%
Original Mortgage
$130,800
Outstanding Balance
$108,828
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$376,185

Purchase Details

Closed on
Oct 31, 2005
Sold by
Wright M Bruce and Wright Susan D
Bought by
Obrien Patrick B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
6.41%
Mortgage Type
Unknown

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 M 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
$130,800
Interest Rate
4.04%
Mortgage Type
Unknown

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
Alcaraz Victor $218,000 First American Title Ins Co
Obrien Patrick B $258,000 Founders Title Company Of Nv
Wright M Bruce -- --
Wright M Bruce M $446,900 Western Title Incorporated
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alcaraz Victor $130,800
Previous Owner Brien Patrick B O $152,500
Previous Owner Obrien Patrick B $170,000
Previous Owner Obrien Patrick B $163,000
Previous Owner Wright M Bruce M $130,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2017 01/11/17 Sold $218,000 -3.1% $115 / Sq Ft
11/23/2016 11/23/16 Pending -- -- --
04/03/2016 04/03/16 For Sale $225,000 -- $119 / 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 $1,258 $62,307 $41,720 $20,587
2024 $1,219 $59,635 $38,710 $20,925
2023 $1,219 $58,422 $39,305 $19,117
2022 $1,185 $49,943 $32,865 $17,078
2021 $1,151 $42,994 $25,375 $17,619
2020 $1,114 $44,520 $26,250 $18,270
2019 $1,082 $40,648 $22,470 $18,178
2018 $1,050 $33,428 $15,190 $18,238
2017 $1,020 $32,536 $14,000 $18,536
2016 $998 $30,605 $11,200 $19,405
2015 $997 $28,172 $8,050 $20,122
2014 $967 $26,507 $7,000 $19,507
2013 -- $25,678 $6,160 $19,518
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Anna Lord

    Tomana Realty

    (775) 771-2222

    1 in this area

    19 Total Sales

    Anna Lord
    Section Image

  • M

    Buyer's Agent in 2017

    Manuel Roberto

    Solid Source Realty

    (775) 815-6240

    6 Total Sales

    Manuel Roberto
    Section Image
See All Agents

Map

Source: Northern Nevada Regional MLS

MLS Number: 160004233

Northern Nevada Regional MLS

APN: 031-391-14

Nevada Washoe County Sparks 89431 Downtown Sparks

2558 E Cygnet Cir, Sparks, NV

Homes for Sale in Sparks, NV

This home is located at 2558 E Cygnet Cir, Sparks, NV 89431 since 03 April 2016 and is currently estimated at $485,013, approximately $255 per square foot. This property was built in 1974. 2558 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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