NOT LISTED FOR SALE

2618 W Cygnet Cir Sparks, NV 89431

Downtown Sparks Neighborhood

Estimated Value: $486,000 - $532,137

5 Beds
2 Baths
1,896 Sq Ft
$273/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $516,000 $272 Per Sq Ft

Current estimated payment $2,987/month

Highlights

  • 4 Car Attached Garage
  • Heating System Uses Natural Gas
  • 1-Story Property
  • Carpet

About This Home

As of April 2024

Fantastic investor opportunity!!! Home is a duplex with 2 units, 1 with 2 bedrooms, the other with 3 bedrooms. Each unit has 1 bathroom, 1 car garage, washer and dryer hook-ups. Conveniently located close to Boys Girls club, schools, parks, transportation and shopping. Fully rented now, great cash flow potential. All Information in this listing to be Verified by buyer(s) and buyers Agent!!

Last Agent to Sell the Property

Gumer Alvarez

Coldwell Banker Select Reno License #S.62360 Listed on: 04/02/2024

Coldwell Banker Select Reno

Last Buyer's Agent

Gumer Alvarez

Coldwell Banker Select Reno License #S.62360 Listed on: 04/02/2024

Coldwell Banker Select Reno

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,400

Year Built

  • Built in 1974

Lot Details

  • 6,098 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 4 Car Attached Garage

Home Design

  • Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

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

Kitchen

  • Oven
  • Gas Range
  • Disposal

Flooring

  • Carpet
  • Vinyl

Schools

  • Mathews Elementary School
  • Traner Middle School
  • Hug High School

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 03139108

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,400

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Year Built: 1974
  • Property Type: Residential Income
  • LotSizeAcres: 0.14
  • Road Frontage Type: Public
  • Co List Office Mls Id: 341-o
  • Co List Office Phone: 775-688-4800
  • Directions: El Rancho / G Street
  • Tax Legal Zoning4: MF2
  • Building Stories5: 1
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Fencing Back Yard: Yes
  • Flooring Carpet: Yes
  • Heating Natural Gas: Yes
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions YN: No
  • Water Source Public: Yes
  • Water Heater Gas5: Yes
  • Construction Materials Stucco: Yes
  • Flooring Vinyl: Yes
  • Construction Materials Frame: Yes
  • Laundry Features In Garage: Yes
  • Tax Legal Elementary School2: Mathews
  • Tax Legal High School2: Hug
  • Lot Lot Size Acres4: 0.14
  • Lot Lot Size Square Feet4: 6098.4
  • Utilities Heating YN5: Yes
  • Appliances Oven: Yes
  • Appliances Gas Range: Yes
  • Foundation Details Crawl Space2: Yes
  • Tax Legal Tax Annual Amount3: 1399.56
  • Contract Rent Control YN: No
  • AssociationCommunity Number Of Buildings2: 1.0
  • Building Number Of Units Total5: 2.0
  • Special Information Onsite Management YN: No
  • Meter Information Separate Meters YN: No
  • Meter Information Separate Electric Meters YN: No
  • Meter Information Separate Gas Meters YN: No
  • Meter Information Separate Water Meters YN: No
  • Meter Information Separate Water Heaters YN: Yes
  • Meter Information One Primary Electric Meter YN: No
  • Meter Information One Primary Gas Meter YN: No
  • Meter Information One Primary Water Meter YN: No
  • Tax Legal Middle or Junior School: Traner
  • Laundry Features In Unit: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Oven, Disposal, Gas Range, Refrigerator
  • Flooring: Carpet, Vinyl
  • Number Of Buildings: 1
  • Window Features: Single Pane Windows
  • Interior Building Area Total3: 1896.0

Exterior Features

  • Roof: Composition, Pitched, Shingle
  • Stories: 1
  • Construction Type: Frame, Stucco
  • Foundation Details: Crawl Space

Garage/Parking

  • Parking Features: Attached, Garage
  • Parking Features Attached: Yes
  • Parking Features Garage: Yes
  • Parking Information Parking Total4: 4.0

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: In Garage, In Unit
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Appliances Disposal: Yes

Schools

  • Middle Or Junior School: Traner

Lot Info

  • Parcel Number: 03139108
  • Fencing: Back Yard
  • Lot Size Sq Ft: 6098.4
  • Zoning: MF2

Multi Family

  • Gross Scheduled Income: 30900.0
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1399.56

MLS Schools

  • Elementary School: Mathews
  • HighSchool: Hug

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2024
Closed on
Apr 25, 2024
Sold by
Diaz Lucile
Bought by
Diaz Mario
Seller's Agent
Gumer Alvarez
Coldwell Banker Select Reno
Buyer's Agent
Gumer Alvarez
Coldwell Banker Select Reno
List Price
$516,000
Sold Price
$516,000
Current Estimated Value
$518,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,034
Avg. Annual Appreciation
0.97%
Original Mortgage
$506,653
Outstanding Balance
$501,708
Interest Rate
6.74%
Mortgage Type
FHA
Estimated Equity
$20,255

Purchase Details

Listed on
Jun 2, 2022
Closed on
Jun 24, 2022
Sold by
Brand Jonathan L
Bought by
Alcala Susana E
Seller's Agent
Jeffrey Lawrence
LPT Realty, LLC
Buyer's Agent
Gumer Alvarez
Coldwell Banker Select Reno
List Price
$450,000
Sold Price
$470,000
Premium/Discount to List
$20,000
4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.72%
Original Mortgage
$352,500
Interest Rate
5.3%
Mortgage Type
New Conventional
Source: Public Records

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
Diaz Mario -- First Centennial Title
Diaz Mario $516,000 First Centennial Title
Alcala Susana E $470,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diaz Mario $506,653
Previous Owner Alcala Susana E $352,500
Previous Owner Brand Jonathan L $91,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $516,000 0.0% $272 / Sq Ft
04/01/2024 04/01/24 Pending -- -- --
04/01/2024 04/01/24 For Sale $516,000 +9.8% $272 / Sq Ft
08/22/2022 08/22/22 Sold $470,000 +4.4% $248 / Sq Ft
06/03/2022 06/03/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $450,000 -- $237 / 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 $1,511 $63,169 $41,720 $21,449
2024 $1,511 $60,148 $38,710 $21,438
2023 $1,400 $58,963 $39,305 $19,658
2022 $1,298 $50,406 $32,865 $17,541
2021 $1,204 $43,465 $25,375 $18,090
2020 $1,167 $44,975 $26,250 $18,725
2019 $1,112 $41,040 $22,470 $18,570
2018 $1,081 $33,867 $15,190 $18,677
2017 $1,036 $32,979 $14,000 $18,979
2016 $1,011 $31,115 $11,200 $19,915
2015 $1,009 $28,503 $8,050 $20,453
2014 $980 $26,842 $7,000 $19,842
2013 -- $26,091 $6,160 $19,931
Source: Public Records

Agents Affiliated with this Home

  • Gumer Alvarez

    Seller's Agent in 2024

    Gumer Alvarez

    Coldwell Banker Select Reno

    (775) 813-6831

    8 in this area

    375 Total Sales

    Gumer Alvarez
    Section Image

  • J

    Seller's Agent in 2022

    Jeffrey Lawrence

    LPT Realty, LLC

    Section Image
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Map

Source: Northern Nevada Regional MLS

MLS Number: 240003378

Northern Nevada Regional MLS

APN: 031-391-08

Nevada Washoe County Sparks 89431 Downtown Sparks

2618 W Cygnet Cir, Sparks, NV

This home is located at 2618 W Cygnet Cir, Sparks, NV 89431 since 02 April 2024 and is currently estimated at $518,034, approximately $273 per square foot. This property was built in 1974. 2618 W 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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Northern Nevada Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The content relating to real estate for sale on this web site comes in part from the Broker Reciprocity/ IDX program of the Northern Nevada Regional Multiple Listing Service°. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo and detailed information about those listings includes the name of the listing brokerage. Any use of the content other than by a search performed by a consumer looking to purchase or rent real estate is prohibited. © 2025 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved.

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