NOT LISTED FOR SALE

2622 W Cygnet Cir Sparks, NV 89431

Downtown Sparks Neighborhood

Estimated Value: $439,265 - $531,000

5 Beds
2 Baths
1,896 Sq Ft
$259/Sq Ft Est. Value

Last Sold July 22, 2022

Last sale price $465,000 $245 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,840/month

2 Days on Market

Highlights

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

About This Home

As of July 2022

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 is currently paying water, sewer, trash, taxes, and insurance. Tenants pay $1050.00 2br /1175 for 3 br. See Extended Remarks All Information in this listing to be Verified by buyer(s) and buyers Agent!!, 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.

Last Agent to Sell the Property

Jeffrey Lawrence

LPT Realty, LLC License #B.7857 Listed on: 06/02/2022

LPT Realty, LLC

Last Buyer's Agent

Alex Mendoza

RE/MAX Professionals-Reno License #S.183508

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,226

Year Built

  • Built in 1974

Lot Details

  • 6,534 Sq Ft Lot
  • Partially Fenced Property

Parking

  • 4 Car Attached Garage

Home Design

  • Frame Construction
  • Pitched Roof
  • Stucco

Interior Spaces

  • 1,896 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Crawl Space
  • Fire and Smoke Detector
  • 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
  • Separate Meters
  • Master Meter
  • Individual Gas Meter
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for all utilities
  • Assessor Parcel Number 03139107

Community Details

Overview

  • 2 Units

Building Details

  • Vacancy Allowance $5
  • Net Operating Income $18,123

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,226

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Year Built: 1974
  • Property Type: Residential Income
  • LotSizeAcres: 0.15
  • Road Frontage Type: Public
  • Co List Office Mls Id: 2713-o
  • Co List Office Phone: 775-544-1328
  • Directions: East 9th
  • Tax Legal Zoning4: MF2
  • Building Stories5: 1
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Flooring Carpet: Yes
  • Heating Natural Gas: Yes
  • Roof Pitched: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions YN: No
  • Water Source Public: Yes
  • Window Features Blinds: Yes
  • Security Features Smoke Detector(s): Yes
  • Fencing Partial2: 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: 0.15
  • Lot Lot Size Square Feet4: 6534.0
  • Utilities Heating YN5: Yes
  • Appliances Oven: Yes
  • Appliances Gas Range: Yes
  • Foundation Details Crawl Space2: Yes
  • Tax Legal Tax Annual Amount3: 1226.0
  • Owner Pays All Utilities: Yes
  • 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: Yes
  • Meter Information Separate Electric Meters YN: Yes
  • Meter Information Separate Gas Meters YN: Yes
  • Meter Information Separate Water Meters YN: No
  • Meter Information Separate Water Heaters YN: No
  • Meter Information One Primary Electric Meter YN: No
  • Meter Information One Primary Gas Meter YN: No
  • Meter Information One Primary Water Meter YN: Yes
  • Tax Legal Middle or Junior School: Traner
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

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

Exterior Features

  • Roof: Pitched
  • 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
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Appliances Disposal: Yes

Schools

  • Middle Or Junior School: Traner

Lot Info

  • Parcel Number: 03139107
  • Fencing: Partial
  • Lot Size Sq Ft: 6534.0
  • Zoning: MF2

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Scheduled Income: 2225.0
  • Number Of Units Total: 2
  • Income And Expenses Vacancy Allowance: 5
  • Income and Expenses Net Operating Income: 18123.0
  • Income And Expenses Vacancy Allowance: 5

Tax Info

  • Tax Annual Amount: 1226.0

MLS Schools

  • Elementary School: Mathews
  • HighSchool: Hug

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2024
Sold by
Lara-Hernandez Rutilo
Bought by
Hernandez No 3 Llc
Current Estimated Value
$490,816

Purchase Details

Listed on
Jun 2, 2022
Closed on
Jun 24, 2022
Sold by
Brand Jonathan L
Bought by
Lara-Hernandez Rutilo
Seller's Agent
Jeffrey Lawrence
LPT Realty, LLC
Buyer's Agent
Alex Mendoza
RE/MAX Professionals-Reno
List Price
$450,000
Sold Price
$465,000
Premium/Discount to List
$15,000
3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.59%
Original Mortgage
$348,750
Interest Rate
5.23%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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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
Hernandez No 3 Llc -- None Listed On Document
Hernandez No 3 Llc -- None Listed On Document
Lara-Hernandez Rutilo $465,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lara-Hernandez Rutilo $348,750
Previous Owner Brand Jonathan L $91,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2022 07/22/22 Sold $465,000 +3.3% $245 / 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 $1,543 $63,169 $41,720 $21,449
2024 $1,543 $60,008 $38,710 $21,298
2023 $1,429 $58,835 $39,305 $19,530
2022 $1,323 $50,307 $32,865 $17,442
2021 $1,226 $43,370 $25,375 $17,995
2020 $1,189 $44,879 $26,250 $18,629
2019 $1,133 $40,944 $22,470 $18,474
2018 $1,082 $33,767 $15,190 $18,577
2017 $1,037 $32,880 $14,000 $18,880
2016 $1,013 $30,964 $11,200 $19,764
2015 $1,011 $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

  • J

    Seller's Agent in 2022

    Jeffrey Lawrence

    LPT Realty, LLC

    Section Image

  • A

    Buyer's Agent in 2022

    Alex Mendoza

    RE/MAX

    Section Image
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Map

Source: Northern Nevada Regional MLS

MLS Number: 220007725

Northern Nevada Regional MLS

APN: 031-391-07

Nevada Washoe County Sparks 89431 Downtown Sparks

2622 W Cygnet Cir, Sparks, NV

This home is located at 2622 W Cygnet Cir, Sparks, NV 89431 since 02 June 2022 and is currently estimated at $490,816, approximately $258 per square foot. This property was built in 1974. 2622 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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