NOT LISTED FOR SALE

2618 W Cygnet Cir Sparks, NV 89431

Downtown Sparks Neighborhood

Estimated Value: $498,000 - $528,000

5 Beds
2 Baths
1,896 Sq Ft
$271/Sq Ft Est. Value

Last Sold April 26, 2024

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

Current estimated payment $2,989/month

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 Listed By

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

Home Design

  • Pitched Roof

Interior Spaces

  • 1,896 Sq Ft Home
  • Carpet

Kitchen

  • Gas Range
  • Disposal

Schools

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

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
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven, Disposal, Gas Range, Refrigerator
  • Flooring: Carpet, Vinyl

Exterior Features

  • Roof: Composition, Pitched, Shingle
  • Stories: 1

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Lot Info

  • Parcel Number: 03139108
  • Fencing: Back Yard

Multi Family

  • Gross Scheduled Income: 30900.0

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
Total Days on Market
0
Views
6
Current Estimated Value
$514,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,995
Avg. Annual Appreciation
-0.36%
Original Mortgage
$506,653
Outstanding Balance
$501,708
Interest Rate
6.74%
Mortgage Type
FHA
Estimated Equity
$12,297

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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in the area

  • 1858 I St, Sparks, NV 89431

    $437,000

    • 4 Beds
    • 2 Baths
    • 1,696 Sq Ft
    • 1858 I St
    • Sparks, NV

    Fantastic investment opportunity! This multi-family home features two units, the larger featuring three bedrooms and one bath and the other is a one bedroom one bath, all situated on a rare, oversized corner lot brimming with possibilities. Both units have been updated throughout its years and have long term tenants. The yard is fully fenced and partially landscaped. Amazing potential for

    Bill Nock Fathom Realty

    Section Image
  • 2541 Orovada St, Reno, NV 89512

    $470,000

    • 4 Beds
    • 2 Baths
    • 1,632 Sq Ft
    • 2541 Orovada St
    • Reno, NV

    Excellent investment opportunity in Reno! This split duplex features two 2-bed, 1-bath units—each with a fully fenced front and back yard, single-car garage, and extra parking in a shared driveway. Tenants are in place with 6-month leases, offering immediate rental income. Don't miss this chance to own a versatile property in a growing market!

    Ryan Montoya eXp Realty

    Section Image
  • 1229 & 1231 F St, Sparks, NV 89431

    $525,000

    • 4 Beds
    • 2 Baths
    • 2,124 Sq Ft
    • 1229 & 1231 F St
    • Sparks, NV

    Spacious duplex located in the highly desirable Victorian Square area of Sparks. Just steps from shopping, dining, entertainment, and the Nugget Amphitheater, this property is perfect for both investors and owner-occupants alike. Both units include in-unit laundry and private yard space, ideal for outdoor enjoyment. Centrally located with easy access to I-80, this property offers strong rental

    Chris Moton Marmot Properties, LLC

    Section Image
See All Homes in Sparks

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

    379 Total Sales

    Gumer Alvarez
    Section Image

  • J

    Seller's Agent in 2022

    Jeffrey Lawrence

    LPT Realty, LLC

    (775) 827-9990

    Section Image
See All Agents

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

Homes for Sale in Sparks, NV

This home is located at 2618 W Cygnet Cir, Sparks, NV 89431 since 02 April 2024 and is currently estimated at $514,005, approximately $271 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.

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.

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.

Nearby Homes