NOT LISTED FOR SALE

645 & 645 1/2 18th St Sparks, NV 89431

Downtown Sparks Neighborhood

Estimated Value: $332,000 - $528,000

3 Beds
2 Baths
1,523 Sq Ft
$282/Sq Ft Est. Value

Last Sold July 24, 2015

Last sale price $136,500 $90 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $2,455/month

3 Days on Market

Highlights

  • Additional Residence on Property
  • Double Pane Windows
  • 1-Story Property
  • Fireplace
  • Laundry Room
  • 4-minute walk to Deer Park

About This Home

As of July 2015

GREAT INVESTMENT PROPERTY! Two houses on one APN, attached by north cinderblock wall, separate entrances, one from the street, one from the alley, patio between units with cover. Newer paint and carpet in smaller unit, very tastefully done and maintained. Fireplace in larger unit. Very close to Deer Park!!

Last Listed By

Cyndy Brown

Coldwell Banker Select Reno License #S.62495 Listed on: 06/20/2015

Coldwell Banker Select Reno

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $583

Year Built

  • Built in 1960

Lot Details

  • 3,920 Sq Ft Lot
  • Property fronts an alley
  • Landscaped

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Pitched Roof
  • Composition Shingle Roof
  • Asbestos

Interior Spaces

  • 1,523 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Blinds
  • Crawl Space
  • Fire and Smoke Detector
  • Oven or Range
  • Laundry Room

Flooring

  • Carpet
  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Parking Spaces Included

Additional Homes

  • Additional Residence on Property

Utilities

  • Cooling System Utilizes Natural Gas
  • Floor Furnace
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater
  • Internet Available
  • Phone Available

Listing and Financial Details

  • Utilities Included
  • Assessor Parcel Number 03127308

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Net Operating Income $10,416

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$583

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Type Of Property: 2 Sfr On 1 Apn
  • Extended Remarks: 50 gallon water heater installed in April 2014. No sign in the yard.
  • Year Built: 1960
  • Access Type: Public
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven/Range
  • Water Heater: Natural Gas
  • Flooring: Carpet, Laminate, Sheet Vinyl
  • Price Per Sq Ft: 89.63
  • Sold Price Per Sq Ft: 89.63
  • Source Of Sq Ft: Assessor
  • Gross Sq Ft: 1523

Exterior Features

  • Windows: Double Pane, Vinyl Frame
  • Construction: Wood Frame
  • Exterior: Asbestos, Brick
  • Foundation: Concrete/Crawl Space
  • Landscaped: Partially Landscaped
  • Roof: Composition/Shingle, Pitched
  • Stories: 1 Story

Garage/Parking

  • Total Parking Capacity: 4
  • Parking Capacity Per Unit: 2

Utilities

  • Heating Cooling: Fireplace, Floor Furnace, Natural Gas, Wall Heater
  • Internet: Yes
  • Utilities: City/County Water, City Sewer, Electricity, Telephone
  • Facility Features: Landlord Pays Utilities, Separate Heating/Cooling, Separate Meters-Electric, Separated Meters-Gas, Separate Meters-Water, Separate Water Heaters, Tenant Pays Utilities
  • Individually Metered: Yes
  • Laundry: Separate

Condo/Co-op/Association

  • Common Features: Alley Access

Lot Info

  • Acreage: 0.09
  • Parcel Number: 03127308
  • Zoning Actual: TOD

Green Features

  • Green Features: Double Pane Windows

Rental Info

  • Current Lease: Month To Month

Tax Info

  • Taxes Dollar: 583

Multi Family

  • Annual Expenses: 1584
  • Gross Scheduled Income: 12000
  • Number Units: 2
  • Unit Features: Blinds/Shades, Smoke Detector

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2015
Closed on
Jul 21, 2015
Sold by
Richard Janet
Bought by
Acosta Reyes Wilber Fermin
Seller's Agent
Cyndy Brown
Coldwell Banker Select Reno
Buyer's Agent
Kirsten Gardner
Dickson Realty - Downtown
List Price
$132,000
Sold Price
$136,500
Premium/Discount to List
$4,500
3.41%
Total Days on Market
3
Current Estimated Value
$429,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,009
Avg. Annual Appreciation
12.40%

Range of Values:

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Average Value
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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
Acosta Reyes Wilber Fermin $136,500 Ticor Title Reno Lakeside
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2015 07/24/15 Sold $136,500 +3.4% $90 / Sq Ft
06/23/2015 06/23/15 Pending -- -- --
06/20/2015 06/20/15 For Sale $132,000 -- $87 / 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 $889 $52,569 $35,462 $17,107
2024 $889 $50,197 $32,904 $17,293
2023 $824 $48,340 $33,409 $14,930
2022 $800 $42,214 $29,579 $12,635
2021 $747 $35,229 $22,838 $12,391
2020 $703 $35,855 $23,625 $12,230
2019 $669 $31,835 $20,223 $11,612
2018 $640 $24,811 $13,671 $11,140
2017 $615 $23,464 $12,600 $10,864
2016 $595 $20,901 $10,080 $10,821
2015 $602 $18,084 $7,245 $10,839
2014 $583 $16,410 $6,300 $10,110
2013 -- $15,238 $5,544 $9,694
Source: Public Records

Agents Affiliated with this Home

  • Cyndy Brown

    Seller's Agent in 2015

    Cyndy Brown

    Coldwell Banker Select Reno

    (775) 772-3253

    43 Total Sales

    Cyndy Brown
    Section Image
  • Kirsten Gardner

    Buyer's Agent in 2015

    Kirsten Gardner

    Dickson Realty

    (775) 324-7000

    1 in this area

    121 Total Sales

    Kirsten Gardner
    Section Image
See All Agents

Map

Source: Northern Nevada Regional MLS

MLS Number: 150008447

Northern Nevada Regional MLS

APN: 031-273-08

Nevada Washoe County Sparks 89431 Downtown Sparks

645 & 645 1/2 18th St, Sparks, NV

Homes for Sale in Sparks, NV

This home is located at 645 & 645 1/2 18th St, Sparks, NV 89431 since 20 June 2015 and is currently estimated at $429,509, approximately $282 per square foot. This property was built in 1960. 645 & 645 1/2 18th St is a home located in Washoe County with nearby schools including Kate M Smith Elementary School, Sparks Middle School, and Sparks High School.

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