NOT LISTED FOR SALE

Estimated Value: $448,000 - $464,797

3 Beds
2 Baths
1,493 Sq Ft
$306/Sq Ft Est. Value

Last Sold March 27, 2013

Last sale price $105,500 $71 Per Sq Ft

Est. 333% increase in value since last sale

Current estimated payment $2,490/month

126 Days on Market

Highlights

  • Mountain View
  • 2 Car Attached Garage
  • Breakfast Bar
  • No HOA
  • Refrigerated and Evaporative Cooling System
  • Patio

About This Home

As of March 2013

Great HUD Owned home in Sparks. 1493 Sq ft with 3 bedrooms, 2 bath,2 car garage, separate family room, living room and a formal dining area. The kitchen is spacious and offers a gas stove, refrigerator, oak cabinetry and ample counter space. The master suite is spacious and open. The rear yard is fully fenced and has a large storage shed , side yard and patio. The home needs a little TLC but offers amazing value! Call today!, Disclosures: Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a low to moderate flood risk. Please refer to for additional information regarding flood zones and insurance, Property located in Washoe County, which mandates the removal of any used solid fuel burning stove that is not certified by the Environmental Protection Agency (EPA). All purchaser(s) will need to remove or replace any used solid fuel burning stove with certified or low emitting device(s) after the close of escrow. It is the buyer’s responsibility to verify the heating source of the property, 6 plumbing leaks discovered above and below floor: at kitchen sink faucet, master sink faucet valve, master tub drain leaks in crawl space and has an S trap that should be corrected, hall toilet valve, rear hose bib missing the top cap, and at water heater drain, The property currently has a water softener system which may contain a UCC lien. Any lien on this equipment will be the sole responsibility of the buyer to pay in full or assume monthly payments, dependent on creditor approval. Repairs: Replace missing floor covering in master bedroom, Repair plumbing system, Replace broken range gas line, Replace missing shingles. Misc.:EMD $1000

Last Agent to Sell the Property

Cindy Fite

Ferrari-Lund R.E. Sparks License #BS.145880 Listed on: 10/18/2012

Last Buyer's Agent

Non MLS Agent

Non MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,222

Year Built

  • Built in 1994

Lot Details

  • 6,970 Sq Ft Lot
  • Dog Run
  • Back Yard Fenced
  • Landscaped
  • Level Lot
  • Property is zoned HDS

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 1,493 Sq Ft Home
  • 1-Story Property
  • Aluminum Window Frames
  • Ceramic Tile Flooring
  • Mountain Views
  • Crawl Space
  • Breakfast Bar

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Garden Bath

Laundry

  • Laundry Room
  • Laundry in Hall

Outdoor Features

  • Patio
  • Storage Shed

Schools

  • Sepulveda Elementary School
  • Shaw Middle School
  • Spanish Springs High School

Utilities

  • Refrigerated and Evaporative Cooling System
  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • HUD Owned
  • REO, home is currently bank or lender owned
  • Home warranty included in the sale of the property
  • Assessor Parcel Number 08348404

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,222

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1994
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Landscaped, Level
  • Lot Size Acres: 0.16
  • Road Frontage Type: Other
  • Has View?: Yes
  • Association Amenities: None
  • Has H O A?: No
  • Co List Office Mls Id: 1193-o
  • Co List Office Phone: 775-685-7788
  • Special Conditions: HUD Owned, Real Estate Owned
  • Directions: Pyramid Hwy-Golden View
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Living Area: 1493.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Sepulveda
  • Tax Legal Middle Or Junior School2: Shaw Middle School
  • Tax Legal High School: Spanish Springs
  • Tax Legal Tax Annual Amount: 2222.0
  • Tax Legal Zoning4: HDS
  • Association Community Association Y N3: No
  • Building Stories5: 1
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 0.16
  • Lot Lot Size Square Feet2: 6969.6
  • Lot Horse Y N2: No
  • Lot View Y N2: Yes
  • Cooling Evaporative Cooling: Yes
  • Fencing Back Yard: Yes
  • Lot Features Landscaped: Yes
  • Cooling Central Air: Yes
  • Foundation Details Crawl Space: Yes
  • Lot Features Level: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: No
  • Cooling Refrigerated: Yes
  • Outdoor Living Spaces Patio2: Yes
  • Personal Property Included Storage Shed: Yes
  • View Mountain(s): Yes
  • Water Heater Gas5: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Listing Conditions H U D Owned: Yes
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar
  • Window Features: Metal Frames
  • Interior Living Area4: 1493.0
  • Interior Fireplace Y N: No
  • Interior Features Breakfast Bar: Yes
  • Living Room Features Separate Formal Room: Yes
  • Family Room Features Separate Formal Room3: Yes
  • Kitchen Features Breakfast Bar2: Yes
  • Laundry Features In Hall: Yes
  • Dining Room Features Living Room Combination: Yes
  • Primary Bedroom Features Double Sinks: Yes
  • Flooring Ceramic Tile: Yes
  • Laundry Features Laundry Area: Yes
  • Primary Bedroom Features Garden Tub: Yes
  • Window Features Metal Frames: Yes

Exterior Features

  • Exterior Features: Dog Run
  • Roof: Composition, Pitched, Shingle
  • Stories: 1
  • View: Mountain(s)
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Patio
  • Construction Materials Wood Siding: Yes
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes
  • Exterior Features Dog Run: Yes

Garage/Parking

  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Garage Spaces: 2.0
  • Has Attached Garage?: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 2.0
  • Parking Information Garage Y N: Yes
  • Parking Information Garage Spaces: 2.0
  • Parking Information Carport Y N: No
  • Parking Information Parking Total: 2.0
  • Parking Features Attached: Yes

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: In Hall, Laundry Area
  • Cooling: Central Air, Evaporative Cooling, Refrigerated
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Cooling Y N3: Yes
  • Utilities Heating Y N3: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Heating Forced Air: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes

Schools

  • Middle Or Junior School: Shaw Middle School

Lot Info

  • Parcel Number: 08348404
  • Fencing: Back Yard
  • Lot Size Sq Ft: 6969.6
  • Zoning: HDS

Tax Info

  • Tax Annual Amount: 2222.0

MLS Schools

  • Elementary School: Sepulveda
  • HighSchool: Spanish Springs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2012
Closed on
Mar 22, 2013
Sold by
Secretary Of Hud
Bought by
Housing Authority Of The City Of Reno
Seller's Agent
Cindy Fite
Ferrari-Lund R.E. Sparks
Buyer's Agent
Non MLS Agent
Non MLS Office
List Price
$105,000
Sold Price
$105,500
Premium/Discount to List
$500
0.48%
Current Estimated Value
$456,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,449
Avg. Annual Appreciation
12.53%

Purchase Details

Closed on
Jul 5, 2012
Sold by
The Secretary Of Hud
Bought by
Bank Of America Na and Bac Home Loans Servicing Lp

Purchase Details

Closed on
Sep 25, 2008
Sold by
Albrecht Raymond G
Bought by
Brizuela Elton J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,138
Interest Rate
6.49%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 12, 2004
Sold by
Albrecht Evonne Ione
Bought by
Albrecht Raymond G and Albrecht Evonne I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,400
Interest Rate
5.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2002
Sold by
Albrecht Raymond
Bought by
Albrecht Evonne Ione

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,750
Interest Rate
7.11%

Purchase Details

Closed on
Jan 15, 2002
Sold by
Crabbe Michael Hugh
Bought by
Albrecht Evonne Ione

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,750
Interest Rate
7.11%

Purchase Details

Closed on
Oct 25, 1996
Sold by
Whatley Lynn Dette
Bought by
Crabbe Michael Hugh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,641
Interest Rate
8.11%
Mortgage Type
VA

Purchase Details

Closed on
May 11, 1995
Sold by
Morros John E and Morros Teresa M
Bought by
Crabbe Michael Hugh and Whatley Lynn Deette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,698
Interest Rate
8.47%
Mortgage Type
Assumption

Purchase Details

Closed on
Jul 19, 1994
Sold by
J E Morros Construction & Development Co
Bought by
Morros John E and Morros Teresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
8.25%
Source: Public Records

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
Housing Authority Of The City Of Reno $105,500 Monument Title Insurance Inc
Bank Of America Na -- None Available
Bank Of America Na $275,419 First American National Defa
Brizuela Elton J $230,000 Ticor Title Reno
Albrecht Raymond G -- Ticor Title Of Nevada Inc
Albrecht Evonne Ione $145,000 Stewart Title Northern Nevad
Albrecht Evonne Ione $145,000 Stewart Title Northern Nevad
Crabbe Michael Hugh -- Western Title Company Inc
Crabbe Michael Hugh $140,000 Stewart Title
Morros John E $91,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brizuela Elton J $226,138
Previous Owner Albrecht Raymond G $154,400
Previous Owner Albrecht Evonne Ione $137,750
Previous Owner Crabbe Michael Hugh $145,641
Previous Owner Crabbe Michael Hugh $142,698
Previous Owner Morros John E $91,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2013 03/27/13 Sold $105,500 +0.5% $71 / Sq Ft
02/21/2013 02/21/13 Pending -- -- --
10/18/2012 10/18/12 For Sale $105,000 -- $70 / 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 $5 $80,257 $31,465 $48,792
2024 $5 $80,852 $31,500 $49,352
2023 $5 $77,735 $30,800 $46,935
2022 $5 $66,707 $27,440 $39,267
2021 $6 $59,530 $20,300 $39,230
2020 $6 $59,376 $19,915 $39,461
2019 $6 $56,748 $18,410 $38,338
2018 $6 $51,569 $13,930 $37,639
2017 $7 $49,906 $12,075 $37,831
2016 $6 $49,581 $10,850 $38,731
2015 $6 $48,452 $9,625 $38,827
2014 $2 $45,268 $7,805 $37,463
2013 -- $39,369 $6,020 $33,349
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 120012666

Northern Nevada Regional MLS

APN: 083-484-04