NOT LISTED FOR SALE

2622 W Cygnet Cir Sparks, NV 89431

Downtown Sparks Neighborhood

Estimated Value: $437,401 - $533,000

5 Beds
2 Baths
1,896 Sq Ft
$260/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 $2,861/month

2 Days on Market

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 Listed By

Jeffrey Lawrence

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

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,226

Year Built

  • Built in 1974

Lot Details

  • 6,534 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

  • 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
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Roof: Pitched
  • Stories: 1

Utilities

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

Lot Info

  • Parcel Number: 03139107
  • Fencing: Partial

Multi Family

  • Gross Scheduled Income: 2225.0

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
Total Days on Market
2
Current Estimated Value
$492,850

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
2.08%
Original Mortgage
$348,750
Interest Rate
5.23%
Mortgage Type
Balloon

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
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

    (775) 827-9990

    Section Image
  • Alex Mendoza

    Buyer's Agent in 2022

    Alex Mendoza

    RE/MAX

    (775) 657-1214

    5 in this area

    105 Total Sales

    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

Homes for Sale in Sparks, NV

This home is located at 2622 W Cygnet Cir, Sparks, NV 89431 since 02 June 2022 and is currently estimated at $492,850, approximately $259 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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