$470,000
SOLD AUG 22, 2022

2618 W Cygnet Cir Sparks, NV 89431

Downtown Sparks Neighborhood
-- Bed
-- Bath
1,896 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$248 Per Sq Ft

4% Above List Price

2 Days on Market

About This Home

As of April 2024

INVESTOR ALERT!!! AS-IS,3 Duplexes within walking distance of the Boys And Girls club . Some Tenants are month to month and would prefer to stay. All units have one car garages. The roof is approximately 14 years old. Owner pays water, sewer, trash, taxes, and insurance. Tenants pay $1050.00 2br /1175 for 3 br. Please See Extended Remarks, At this time the units will be shown on Mondays only, and listing broker will accompany agents during showings. Showings must be made subject to tenant approval. There will be a total of three identical duplexes sold. 2618-2620,2622-2624,2631-2633 W Cygnet Cir. ALL INFORMATION TO BE VARIFIED BY BUYER AND BUYERS AGENT All Expenses Are Estimated

Last Agent to Sell the Property

Jeffrey Lawrence

LPT Realty, LLC License #B.7857

LPT Realty, LLC

Last Buyer's Agent

Gumer Alvarez

Coldwell Banker Select Reno License #S.62360

Coldwell Banker Select Reno

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,203

Year Built

  • Built in 1974

Lot Details

  • 7,405 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

Listing and Financial Details

  • The owner pays for all utilities
  • Assessor Parcel Number 03139224

Community Details

Overview

  • 2 Units

Building Details

  • Vacancy Allowance $5
  • Net Operating Income $17,364

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,203

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: 03139224
  • Fencing: Back Yard

Multi Family

  • Gross Scheduled Income: 26700.0

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
2
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

Map

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 Type Sale Price Title Company
Deed -- First Centennial Title
Bargain Sale Deed $516,000 First Centennial Title
Bargain Sale Deed $470,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $506,653 FHA
Previous Owner $352,500 New Conventional
Previous Owner $91,000 Unknown
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

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

Source: Northern Nevada Regional MLS

MLS Number: 220007723

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 and is currently priced at $470,000, approximately $247 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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