4000 Wedekind Rd Sparks, NV 89431
North Rock Neighborhood
5
Beds
2
Baths
2,868
Sq Ft
1.42
Acres
Highlights
- City View
- Wood Flooring
- No HOA
- 1.42 Acre Lot
- Separate Formal Living Room
- Double Oven
About This Home
As of November 20214000 Wedekind is an amazing investment opportunity. This parcel includes a 5 bed 2 bath 2868 sq ft home on 61,812 sq ft of land with 5.68 acre feet of water rights. This lot is optimally positioned with road frontage on Wedekind and Sullivan. This lot has the potential to be subdivided into 10 lots as it is currently zoned as SF6 given a price per lot at $65,000. Residential lots in this area are selling for $135,000. 3-4 bed homes with 2,000 sq ft have a median sales price of $389,450., This property has huge potential. You could subdivide and sell the lots or you could subdivide the lot and build homes to maximize your return on investment.
Last Agent to Sell the Property
RE/MAX Professionals-Reno License #S.63604 Listed on: 02/16/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,844
Year Built
- Built in 1939
Lot Details
- 1.42 Acre Lot
- Level Lot
- Property is zoned SF6
Property Views
- City
- Mountain
Home Design
- Brick or Stone Mason
- Slab Foundation
- Pitched Roof
- Stone
Interior Spaces
- 2,868 Sq Ft Home
- 2-Story Property
- Fireplace
- Double Pane Windows
- Vinyl Clad Windows
- Separate Formal Living Room
- Finished Basement
Kitchen
- Double Oven
- Dishwasher
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Primary Bathroom includes a Walk-In Shower
Laundry
- Laundry Room
- Laundry in Hall
Schools
- Risley Elementary School
- Sparks Middle School
- Sparks High School
Utilities
- Forced Air Heating System
- Pellet Stove burns compressed wood to generate heat
- Water Rights
- Electric Water Heater
- No Water Heater
Community Details
- No Home Owners Association
- The community has rules related to covenants, conditions, and restrictions
Listing and Financial Details
- Home warranty included in the sale of the property
- Assessor Parcel Number 02721128
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 23, 2021
Closed on
Nov 18, 2021
Sold by
B-Squared Holdings Llc
Bought by
Fry Harry C
Seller's Agent
Cheri Wulforst
Ferrari-Lund Real Estate Reno
Buyer's Agent
Peter Bosco
New Dimensions, Inc.
List Price
$795,000
Sold Price
$730,000
Premium/Discount to List
-$65,000
-8.18%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,682
Purchase Details
Listed on
Feb 16, 2021
Closed on
Mar 18, 2021
Sold by
Kudrna Anthony J and Kudrna Kathy S
Bought by
B-Squared Holdings Llc
Seller's Agent
Miranda Vaulet
RE/MAX Professionals-Reno
Buyer's Agent
Scott Shandrew
Chase International-Damonte
List Price
$650,000
Sold Price
$625,000
Premium/Discount to List
-$25,000
-3.85%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.66%
Original Mortgage
$950,000
Interest Rate
2.73%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 10, 2004
Sold by
Kudrna Anthony J and Kudrna James A
Bought by
Kudrna Anthony J and Kudrna James A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.87%
Mortgage Type
Unknown
Purchase Details
Closed on
Aug 31, 2004
Sold by
Kudrna Nevada Llc
Bought by
Kudrna Anthony K and Kudrna James A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.87%
Mortgage Type
Unknown
Purchase Details
Closed on
Jun 17, 2003
Sold by
Kummer Kirt A and Kummer Bobbi
Bought by
Kudrna Nevada Llc
Purchase Details
Closed on
Jan 22, 1999
Sold by
Stone James A and Stone Judy E
Bought by
Household Bank Fsb
Similar Homes in Sparks, NV
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $730,000 | Stewart Title | |
| Bargain Sale Deed | $625,000 | First Centennial Title | |
| Interfamily Deed Transfer | -- | Western Title Incorporated | |
| Bargain Sale Deed | $425,000 | Western Title Incorporated | |
| Trustee Deed | $300,000 | Western Title Incorporated | |
| Trustee Deed | $331,716 | United Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $950,000 | New Conventional | |
| Previous Owner | $250,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/30/2021 11/30/21 | Sold | $730,000 | -8.2% | $194 / Sq Ft |
| 11/01/2021 11/01/21 | Pending | -- | -- | -- |
| 10/23/2021 10/23/21 | For Sale | $795,000 | +27.2% | $211 / Sq Ft |
| 03/25/2021 03/25/21 | Sold | $625,000 | -3.8% | $218 / Sq Ft |
| 02/23/2021 02/23/21 | Pending | -- | -- | -- |
| 02/16/2021 02/16/21 | For Sale | $650,000 | -- | $227 / Sq Ft |
Source: Northern Nevada Regional MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2022 | $1,585 | $78,355 | $34,913 | $43,442 |
| 2021 | $2,116 | $65,966 | $24,953 | $41,013 |
| 2020 | $1,844 | $64,828 | $23,814 | $41,014 |
| 2019 | $1,752 | $62,423 | $23,153 | $39,270 |
| 2018 | $1,739 | $51,974 | $14,700 | $37,274 |
| 2017 | $1,678 | $50,740 | $13,855 | $36,885 |
| 2016 | $1,646 | $50,116 | $13,855 | $36,261 |
| 2015 | $1,643 | $49,633 | $13,855 | $35,778 |
| 2014 | $1,578 | $45,376 | $11,025 | $34,351 |
| 2013 | -- | $42,259 | $9,849 | $32,410 |
Source: Public Records
Agents Affiliated with this Home
-
C
Seller's Agent in 2021
Cheri Wulforst
Ferrari-Lund Real Estate Reno
-
Seller's Agent in 2021
Miranda Vaulet
RE/MAX
(775) 224-3979
5 in this area
291 Total Sales
-
Seller Co-Listing Agent in 2021
Brent Vaulet
RE/MAX
(775) 527-0031
10 in this area
337 Total Sales
-
P
Buyer's Agent in 2021
Peter Bosco
New Dimensions, Inc.
(775) 750-4353
1 in this area
31 Total Sales
-
Buyer's Agent in 2021
Scott Shandrew
Chase International-Damonte
(775) 830-1333
1 in this area
34 Total Sales
Map
Source: Northern Nevada Regional MLS
MLS Number: 210001888
APN: 027-211-28
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