NOT LISTED FOR SALE

7575 Shadow Ln Sparks, NV 89434

Reed Neighborhood

Estimated Value: $569,000 - $1,473,097

5 Beds
5 Baths
4,581 Sq Ft
$250/Sq Ft Est. Value

Last Sold August 04, 2023

Last sale price $1,450,000 $317 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $6,476/month

About This Home

As of August 2023

Rare opportunity to experience luxury, space and privacy right in the heart of Sparks! This prime location custom home is only minutes from Legends. Situated on a 1.5-acre parcel with stunning landscape on a private paved road. The main floor features Acacia teak hardwood throughout. High ceilings, spacious living and dining area with a beautiful built-in bar and beverage center for all your entertaining needs. You can access the beautiful balcony and views from the entire upper level., No expense was spared in this Gourmet Chefs kitchen, featuring upscale appliances, custom cabinets, built in espresso maker and pot filler. Main floor also includes private bedroom/office and 1.5 baths. The daylight basement lower level showcases four bedrooms and three full baths. The Master Suite leads into the closet and bathroom of your dreams! You’ll first step foot onto the heated matte finished porcelain floors in the bathroom. Featuring a Freestanding tub, and a gorgeous walk-in shower built for two with bench seating makes for a true spa experience. Separate laundry room with ample storage, quartz counters and deep sink. Large loft and storage room above the garage that can be used for endless possibilities. Large oversized 3 car garage, outdoor parking and RV storage has room for all your toys! With too many added touches and features to list, this unique one of a kind home was built to impress! ...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
Jul 31, 2023
Sold by
Wellesley Robert and Wellesley Amanda
Bought by
Chisum Cary D
Seller's Agent
Amber Rasmussen
Solid Source Realty
Buyer's Agent
Michael Wood
RE/MAX Professionals-Reno
List Price
$1,550,000
Sold Price
$1,450,000
Premium/Discount to List
-$100,000
-6.45%
Views
87
Current Estimated Value
$1,146,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$303,726
Avg. Annual Appreciation
-10.22%
Original Mortgage
$1,000,000
Outstanding Balance
$976,614
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$169,660

Purchase Details

Closed on
Dec 11, 2018
Sold by
Samders William Dennis and Sanders Teri D
Bought by
Wellesley Robert and Wellesley Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,700
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 20, 2013
Closed on
May 7, 2013
Sold by
Porter Clyde W
Bought by
Wellesley Robert and Wellesley Amanda
Seller's Agent
Rick Lund
Ferrari-Lund Real Estate South
Buyer's Agent
Suzie Prough
HomeNV
List Price
$399,900
Sold Price
$412,777
Premium/Discount to List
$12,877
3.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.56%
Original Mortgage
$294,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2011
Sold by
Porter Clyde W
Bought by
Porter Clyde W and The Nevada Sunshine Trust Of The Clylie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2002
Sold by
C & L Porter Lc
Bought by
Porter Clyde W and Porter Lezlie N

Purchase Details

Closed on
May 1, 1998
Sold by
Porter Clyde W and Porter Lezlie N
Bought by
C & L Porter Lc

Purchase Details

Closed on
Apr 14, 1998
Sold by
Porter Clyde W and Porter Lezlie N
Bought by
Porter Clyde W and Porter Lezlie N

Purchase Details

Closed on
Jan 6, 1995
Sold by
Porter Clyde W and Porter Lezlie N
Bought by
Porter Clyde W and Porter Lezlie N
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Chisum Cary D $1,450,000 First American Title
Wellesley Robert $362,000 Stewart Title Co
Wellesley Robert $413,000 None Available
Porter Clyde W -- None Available
Porter Clyde W -- None Available
Porter Clyde W $364,278 --
C & L Porter Lc -- --
Porter Clyde W -- --
Porter Clyde W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chisum Cary D $1,000,000
Previous Owner Wellesley Robert $327,700
Previous Owner Wellesley Robert $294,000
Previous Owner Porter Clyde W $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/04/2023 08/04/23 Sold $1,450,000 -6.5% $317 / Sq Ft View Prior Sale
05/15/2023 05/15/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $1,550,000 +275.5% $338 / Sq Ft
05/08/2013 05/08/13 Sold $412,777 +3.2% $90 / Sq Ft View Prior Sale
03/28/2013 03/28/13 Pending -- -- --
03/20/2013 03/20/13 For Sale $399,900 -- $87 / Sq Ft

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 $4,495 $191,015 $56,963 $134,052
2024 $4,495 $190,779 $53,288 $137,492
2023 $4,364 $179,512 $49,613 $129,899
2022 $4,239 $159,021 $49,613 $109,408
2021 $4,115 $139,363 $29,327 $110,036
2020 $3,993 $140,761 $29,327 $111,434
2019 $3,879 $138,165 $27,930 $110,235
2018 $3,770 $129,784 $20,948 $108,836
2017 $3,657 $130,804 $20,948 $109,856
2016 $3,566 $133,306 $20,948 $112,358
2015 $3,557 $130,984 $17,162 $113,822
2014 $3,454 $106,301 $11,209 $95,092
2013 -- $105,933 $12,091 $93,842
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Amber Rasmussen

    Solid Source Realty

  • Michael Wood

    Buyer's Agent in 2023

    Michael Wood

    RE/MAX

    (775) 250-2007

    9 in this area

    1,967 Total Sales

    Michael Wood
    Section Image

  • R

    Seller's Agent in 2013

    Rick Lund

    Ferrari-Lund Real Estate South

  • Liz Gonzalez

    Seller Co-Listing Agent in 2013

    Liz Gonzalez

    Ferrari-Lund Real Estate South

    (775) 224-2276

    37 Total Sales

    Liz Gonzalez
    Section Image

  • S

    Buyer's Agent in 2013

    Suzie Prough

    HomeNV

See All Agents

Map

Nevada Washoe County Sparks 89434 Reed

7575 Shadow Ln, Sparks, NV

This home is located at 7575 Shadow Ln, Sparks, NV 89434 and is currently estimated at $1,146,274, approximately $250 per square foot. 7575 Shadow Ln is a home located in Washoe County.

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