NOT LISTED FOR SALE

315 & 315 1/2 5th St Sparks, NV 89431

Downtown Sparks Neighborhood

Estimated Value: $376,186 - $501,000

4 Beds
2 Baths
1,220 Sq Ft
$368/Sq Ft Est. Value

Last Sold October 01, 2012

Last sale price $83,000 $68 Per Sq Ft

Est. 440% increase in value since last sale

Current estimated payment $2,551/month

2 Days on Market

Highlights

  • Barn
  • Separate Formal Living Room
  • Home Office
  • 0.31 Acre Lot
  • No HOA
  • 5-minute walk to Poulakidas Park

About This Home

As of October 2012

Potential income in this run down rental property. Old 1 car garage is converted into a second studio unit. Main unit is a 3 bedroom plus office with 1 bathroom. Rental information on file with listing agent. Showings subject to tenant., SHORT SALE

Last Agent to Sell the Property

Leslie Henderson

Call It Closed International License #BS.145627 Listed on: 07/16/2012

Last Buyer's Agent

Leslie Henderson

Call It Closed International License #BS.145627 Listed on: 07/16/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,845

Year Built

  • Built in 1948

Lot Details

  • 0.31 Acre Lot
  • Partially Fenced Property
  • Fenced Front Yard
  • Level Lot
  • Property is zoned Multi

Parking

  • 3 Car Garage

Home Design

  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,220 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Blinds
  • Separate Formal Living Room
  • Combination Kitchen and Dining Room
  • Home Office
  • Crawl Space
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Hall

Schools

  • Lincoln Park Elementary School
  • Dilworth Middle School
  • Sparks High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Additional Features

  • Outbuilding
  • Barn

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 03330306

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,845

Year Built

Built in 1948

Lot Details

0

Parking

3

Listing Details

  • Year Built: 1948
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Level
  • Lot Size Acres: 0.31
  • Road Frontage Type: Other
  • Security Features: Smoke Detector(s)
  • Association Amenities: None
  • Has H O A?: No
  • Co List Office Mls Id: 2378-o
  • Co List Office Phone: 775-888-6721
  • Special Conditions: Short Sale
  • Directions: between "C" Street and "D" Street
  • Has Fireplace?: No
  • Living Area: 1220.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Lincoln Park
  • Tax Legal Middle Or Junior School2: Dilworth
  • Tax Legal High School: Sparks
  • Tax Legal Tax Annual Amount: 1845.0
  • Tax Legal Zoning4: Multi
  • Association Community Association Y N3: No
  • Building Stories5: 1
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: No
  • Lot Lot Size Acres2: 0.31
  • Lot Lot Size Square Feet2: 13503.6
  • Lot Horse Y N2: No
  • Foundation Details Crawl Space: Yes
  • Lot Features Level: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: No
  • Other Structures Barn(s): Yes
  • Security Features Smoke Detector(s): Yes
  • Fencing Partial2: Yes
  • Water Heater Gas5: Yes
  • Fencing Front Yard: Yes
  • Other Rooms Office Den: Yes
  • Special Listing Conditions Short Sale: Yes
  • Special Features: 12
  • Stories: 1

Interior Features

  • Flooring: Carpet, Ceramic Tile, Concrete
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: Primary Downstairs, Walk-In Closet(s)
  • Window Features: Blinds, Double Pane Windows, Single Pane Windows
  • Interior Living Area4: 1220.0
  • Interior Fireplace Y N: No
  • Flooring Carpet: Yes
  • Interior Features Primary Downstairs: Yes
  • Window Features Double Pane Windows: Yes
  • Living Room Features Separate Formal Room: Yes
  • Window Features Blinds: Yes
  • Laundry Features In Hall: Yes
  • Primary Bedroom Features On Main Floor: Yes
  • Flooring Ceramic Tile: Yes
  • Laundry Features Laundry Area: Yes
  • Dining Room Features Kitchen Combination: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes
  • Flooring Concrete3: Yes
  • Other Rooms Bedroom Office Main Floor: Yes

Exterior Features

  • Roof: Composition, Pitched, Shingle
  • Stories: 1
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space
  • Other Structures: Barn(s), Outbuilding
  • Construction Materials Wood Siding: Yes
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes
  • Other Structures Outbuilding: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Garage Spaces: 3.0
  • Has Attached Garage?: Yes
  • Parking Features: None
  • Total Parking Spaces: 3.0
  • Parking Information Garage Y N: Yes
  • Parking Information Garage Spaces: 3.0
  • Parking Information Carport Y N: No
  • Parking Information Parking Total: 3.0

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Water Meter Installed
  • Water Source: Public
  • Laundry Features: In Hall, Laundry Area
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Heating Y N3: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Utilities Water Meter Installed: Yes
  • Utilities Internet Available: Yes
  • Heating Forced Air: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes

Schools

  • Middle Or Junior School: Dilworth

Lot Info

  • Parcel Number: 03330306
  • Fencing: Front Yard, Partial
  • Lot Size Sq Ft: 13503.6
  • Zoning: Multi

Tax Info

  • Tax Annual Amount: 1845.0

MLS Schools

  • Elementary School: Lincoln Park
  • HighSchool: Sparks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2012
Closed on
Jan 11, 2013
Sold by
Mendoza Maria Eugenia Ojeda
Bought by
Martinez Jose Martinez
Seller's Agent
Reena Smith
ERA - Realty Central
Buyer's Agent
Liliana Loera
Ferrari-Lund Real Estate Reno
List Price
$139,000
Sold Price
$135,000
Premium/Discount to List
-$4,000
-2.88%
Current Estimated Value
$448,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,547
Avg. Annual Appreciation
9.97%
Original Mortgage
$132,554
Outstanding Balance
$94,013
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$352,106

Purchase Details

Listed on
Oct 7, 2012
Closed on
Dec 6, 2012
Sold by
Joplin Lee
Bought by
Martinez Jose Martinez
Seller's Agent
Reena Smith
ERA - Realty Central
Buyer's Agent
Liliana Loera
Ferrari-Lund Real Estate Reno
List Price
$139,000
Sold Price
$135,000
Premium/Discount to List
-$4,000
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,554
Outstanding Balance
$94,013
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$352,106

Purchase Details

Listed on
Jul 16, 2012
Closed on
Sep 21, 2012
Sold by
Borglum Wayne K and Borglum Marylou
Bought by
Joplin Lee
Seller's Agent
Leslie Henderson
Call It Closed International
Buyer's Agent
Leslie Henderson
Call It Closed International
List Price
$65,000
Sold Price
$83,000
Premium/Discount to List
$18,000
27.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
435.14%

Purchase Details

Closed on
Apr 24, 2012
Sold by
Borglum Wayne K and Borglum Marylou
Bought by
Borglum Wayne K and Borglum Marylou

Purchase Details

Closed on
May 11, 2011
Sold by
Borglum Wayne K and Borglum Marylou
Bought by
Borglum Wayne K and Borglum Marylou

Purchase Details

Closed on
Sep 1, 2003
Sold by
Hearn William O and Hearn Phyllis
Bought by
Borglum Wayne and Borglum Mary Lou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.3%
Mortgage Type
Unknown
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
Martinez Jose Martinez -- None Available
Martinez Jose Martinez $135,000 None Available
Joplin Lee $83,000 None Available
Borglum Wayne K -- None Available
Borglum Wayne K -- None Available
Borglum Wayne K -- None Available
Borglum Wayne $130,000 First Centennial Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Jose Martinez $132,554
Previous Owner Borglum Wayne $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2012 10/01/12 Sold $83,000 +27.7% $68 / Sq Ft
07/18/2012 07/18/12 Pending -- -- --
07/16/2012 07/16/12 For Sale $65,000 -- $53 / 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 $1,144 $63,586 $41,720 $21,866
2024 $1,144 $60,236 $38,710 $21,526
2023 $1,061 $59,228 $39,305 $19,923
2022 $985 $49,119 $32,865 $16,254
2021 $910 $41,120 $25,375 $15,745
2020 $863 $41,794 $26,250 $15,544
2019 $823 $36,943 $22,470 $14,473
2018 $788 $29,092 $15,190 $13,902
2017 $760 $27,761 $14,000 $13,761
2016 $729 $24,853 $11,200 $13,653
2015 $728 $21,448 $8,050 $13,398
2014 $705 $19,745 $7,000 $12,745
2013 -- $18,680 $6,160 $12,520
Source: Public Records

Agents Affiliated with this Home

  • Leslie Henderson

    Seller's Agent in 2012

    Leslie Henderson

    Call It Closed International

    (775) 815-9511

    3 in this area

    38 Total Sales

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Map

Source: Northern Nevada Regional MLS

MLS Number: 120008771

Northern Nevada Regional MLS

APN: 033-303-06

Nevada Washoe County Sparks 89431 Downtown Sparks

315 & 315 1/2 5th St, Sparks, NV

This home is located at 315 & 315 1/2 5th St, Sparks, NV 89431 since 16 July 2012 and is currently estimated at $448,547, approximately $367 per square foot. This property was built in 1948. 315 & 315 1/2 5th St is a home located in Washoe County with nearby schools including Lincoln Park Elementary School, George L Dilworth Middle School, and Sparks High School.

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