NOT LISTED FOR SALE

Estimated Value: $649,510 - $662,000

4 Beds
3 Baths
2,530 Sq Ft
$259/Sq Ft Est. Value

About This Home

This home is located at 5551 Madrid Ct, Sparks, NV 89436 and is currently estimated at $654,878, approximately $258 per square foot. 5551 Madrid Ct is a home located in Washoe County with nearby schools including Bud Beasley Elementary School and Edward C Reed High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2008
Sold by
Lasalle Bank Na
Bought by
Lopez Alejandro and Monzon Wendy
Current Estimated Value
$654,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,400
Interest Rate
5.99%
Mortgage Type
VA

Purchase Details

Closed on
Jun 25, 2007
Sold by
Phillips Linda D and Phillips Gerald R
Bought by
Lasalle Bank Na and Morgan Stanley Mortgage 2006-6Ar

Purchase Details

Closed on
Nov 2, 2005
Sold by
Phillips Gerald R and Phillips Linda D
Bought by
Phillips Gerald R and Phillips Linda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,300
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 25, 2002
Sold by
Diversified Development & Construction
Bought by
Phillips Gerald R and Phillips Linda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,600
Interest Rate
7.17%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Lopez Alejandro $310,000 First American Title Reno
Lasalle Bank Na $433,942 First Centennial Title Co
Phillips Gerald R -- Western Title Incorporated
Phillips Gerald R $259,669 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Alejandro $70,000
Open Lopez Alejandro $320,000
Closed Lopez Alejandro $305,000
Closed Lopez Alejandro $298,500
Closed Lopez Alejandro $321,800
Closed Lopez Alejandro $317,400
Previous Owner Phillips Gerald R $82,300
Previous Owner Phillips Gerald R $410,150
Previous Owner Phillips Gerald R $166,200
Previous Owner Phillips Gerald R $50,000
Previous Owner Phillips Gerald R $234,000
Previous Owner Phillips Gerald R $207,600
Source: Public Records

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 $3,253 $138,327 $40,285 $98,042
2024 $3,253 $132,708 $33,880 $98,828
2023 $3,155 $131,925 $38,430 $93,495
2022 $3,063 $109,739 $31,745 $77,994
2021 $2,975 $105,011 $27,405 $77,606
2020 $2,885 $103,826 $26,040 $77,786
2019 $2,803 $101,127 $25,655 $75,472
2018 $2,721 $92,201 $18,375 $73,826
2017 $2,643 $91,154 $17,325 $73,829
2016 $2,560 $89,659 $16,275 $73,384
2015 $2,560 $87,664 $14,455 $73,209
2014 $2,395 $79,766 $12,005 $67,761
2013 -- $63,920 $9,310 $54,610
Source: Public Records

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