Seller's Agent in 2024
Ron Boles
Boles Realty
(775) 720-3100
2 in this area
22 Total Sales
737 16th St Sparks, NV 89431
Downtown Sparks Neighborhood
--
Bed
--
Bath
3,074
Sq Ft
6,098
Sq Ft Lot
Highlights
- Double Pane Windows
- Drip System Landscaping
- Back and Front Yard Fenced
- Refrigerated and Evaporative Cooling System
- Forced Air Heating System
- 3-minute walk to Deer Park
About This Home
As of August 2024Well cared for triplex in Sparks with excellent income. Front home has 2 bed, 1 bath above and separate entry daylight basement unit below is 2 bed, 2 bath, built in 1938, fully remodeled approximately 4 years ago. 3rd unit is separate home built in 1988, 2 bedroom, 2 bath with small backyard. All units have newer flooring, paint and upgrades of one type or another with new roof 3 years ago. All units have oven/ranges, refrigerators and washer/dryers., New kitchen appliances in all units were just install, only one refrigerator was kept that was a year old. The home at 735 16th just had new plumbing installed throughout and is rented at $1,775 per month. Unit 737-B has just completed a remodel and was leased for $1,750 per month, effective July 15, 2024. Unit 737-A is currently being painted and will soon be available to show. The complete exterior of 737 16th St. is being painted. NOTE ON MARKET TIME: The 737-B unit was under remodel for over 6 months was a major issue with Buyers since it was not complete. A full price offer did not close due to the incomplete construction. This is the reason for the extended marketing time and as of July 15, 2024 this is no longer an issue. Please do not disturb tenants. The occupied units can be seen upon an accepted offer. Please make offer subject to Buyer's personal inspection within 5 days of acceptance.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,064
Year Built
- Built in 1988
Lot Details
- 6,098 Sq Ft Lot
- Back and Front Yard Fenced
- Drip System Landscaping
- Manual Sprinklers System
Home Design
- Slab Foundation
- Frame Construction
- Pitched Roof
- Shingle Roof
- Composition Roof
- Wood Siding
Interior Spaces
- 3,074 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Blinds
- Fire and Smoke Detector
Kitchen
- Oven
- Gas Range
- Dishwasher
- Disposal
Flooring
- Carpet
- Vinyl
Laundry
- Laundry in Kitchen
- Dryer
- Washer
Parking
- 5 Parking Spaces
- Common or Shared Parking
- Alley Access
Schools
- Mitchell Elementary School
- Sparks Middle School
- Sparks High School
Utilities
- Refrigerated and Evaporative Cooling System
- Forced Air Heating System
- Heating System Uses Natural Gas
- Separate Meters
- Individual Gas Meter
- Gas Water Heater
- Internet Available
- Phone Available
Listing and Financial Details
- Tenant pays for all utilities
- Assessor Parcel Number 03135108
Community Details
Overview
- 2 Buildings
- 3 Units
- The community has rules related to covenants, conditions, and restrictions
Building Details
- Vacancy Allowance $1,899
- Net Operating Income $46,487
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 1, 2023
Closed on
Aug 28, 2024
Sold by
Holloway Jason Scott and Holloway Julie Madeleine
Bought by
Maswadeh Laith
Seller's Agent
Ron Boles
Boles Realty
Buyer's Agent
Jake Andronico
Address Income
List Price
$695,000
Sold Price
$665,000
Premium/Discount to List
-$30,000
-4.32%
Views
361
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
-$1,236
Avg. Annual Appreciation
-0.23%
Original Mortgage
$498,750
Outstanding Balance
$495,705
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$168,059
Purchase Details
Closed on
Mar 19, 2021
Sold by
Holloway Jason S and Holloway Julie M
Bought by
Holloway Jason S and Holloway Julie Madeleine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,250
Interest Rate
2.73%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 12, 2021
Sold by
Degney Kenneth Wallace and Degney Karen Anna
Bought by
Holloway Jason S and Holloway Julie M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,250
Interest Rate
2.73%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 1, 2019
Sold by
Degney Kenneth Wallace and Degney Karen Anna
Bought by
K And K Degney Living Trust
Purchase Details
Closed on
Mar 9, 2017
Sold by
Williams Seth and Williams Tavia
Bought by
Degney Kenneth Wallace and Degney Karen Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,250
Interest Rate
4.15%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 3, 2004
Sold by
Pavey Peter J
Bought by
Williams Seth and Williams Tavia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jun 13, 2002
Sold by
Valley View Ltd
Bought by
Pavey Peter J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,900
Interest Rate
6.86%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $665,000 | First American Title | |
| Quit Claim Deed | -- | First American Title | |
| Interfamily Deed Transfer | -- | First Centennial Reno | |
| Bargain Sale Deed | $595,000 | First Centennial Reno | |
| Interfamily Deed Transfer | -- | Toiyabe Title | |
| Bargain Sale Deed | $295,000 | Reliant Title | |
| Bargain Sale Deed | $285,000 | Ticor Title Of Nevada Inc | |
| Bargain Sale Deed | $221,000 | Stewart Title Northern Nevad |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $498,750 | New Conventional | |
| Previous Owner | $446,250 | New Conventional | |
| Previous Owner | $221,250 | New Conventional | |
| Previous Owner | $199,500 | Credit Line Revolving | |
| Previous Owner | $198,900 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/28/2024 08/28/24 | Sold | $665,000 | -4.3% | $216 / Sq Ft |
| 07/28/2024 07/28/24 | Pending | -- | -- | -- |
| 06/13/2024 06/13/24 | For Sale | $695,000 | 0.0% | $226 / Sq Ft |
| 05/16/2024 05/16/24 | Pending | -- | -- | -- |
| 10/26/2023 10/26/23 | Price Changed | $695,000 | -4.1% | $226 / Sq Ft |
| 07/31/2023 07/31/23 | For Sale | $725,000 | 0.0% | $236 / Sq Ft |
| 08/15/2017 08/15/17 | Rented | $1,100 | -99.9% | -- |
| 08/15/2017 08/15/17 | Under Contract | -- | -- | -- |
| 07/26/2017 07/26/17 | For Rent | $1,100,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $2,227 | $87,978 | $47,250 | $40,728 |
| 2024 | $2,227 | $85,230 | $43,960 | $41,270 |
| 2023 | $2,064 | $82,515 | $44,625 | $37,890 |
| 2022 | $1,913 | $66,540 | $34,685 | $31,855 |
| 2021 | $1,800 | $61,983 | $30,310 | $31,673 |
| 2020 | $1,706 | $62,050 | $30,310 | $31,740 |
| 2019 | $1,641 | $55,934 | $25,235 | $30,699 |
| 2018 | $1,561 | $48,547 | $18,585 | $29,962 |
| 2017 | $1,477 | $47,666 | $17,850 | $29,816 |
| 2016 | $1,438 | $44,973 | $14,700 | $30,273 |
| 2015 | $1,435 | $41,554 | $11,130 | $30,424 |
| 2014 | $1,392 | $38,463 | $9,450 | $29,013 |
| 2013 | -- | $36,592 | $7,875 | $28,717 |
Source: Public Records
Agents Affiliated with this Home
-
Ron Boles
-
Jake Andronico
Buyer's Agent in 2024
Jake Andronico
Address Income
(415) 233-1796
1 in this area
21 Total Sales
-
Karen Degney
Seller's Agent in 2017
Karen Degney
Sierra Sotheby's Intl. Realty
(775) 233-5521
4 in this area
131 Total Sales
Map
Source: Northern Nevada Regional MLS
MLS Number: 230008650
APN: 031-351-08
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