809 16th St Sparks, NV 89431
Downtown Sparks NeighborhoodEstimated Value: $408,059 - $464,000
5
Beds
2
Baths
1,585
Sq Ft
$281/Sq Ft
Est. Value
Highlights
- Double Pane Windows
- Ceramic Tile Flooring
- Landscaped
- Patio
- 1-Story Property
- 5-minute walk to Deer Park
About This Home
As of October 2021Cash flowing duplex close to Victoria Square. The main home is 3 bed, 1 bath and has an updated kitchen, living room and bathroom. The second home is 2 bed and 1 bath. Both homes sit on a large corner lot , 6011 sq ft, located close to Victoria Sq, shops, restaurants and the freeway. The current leases are month-to-month. The pro-forma CAP rate is 5.1%. Offering Memorandum is available.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,937
Year Built
- Built in 1956
Lot Details
- 6,098 Sq Ft Lot
- Partially Fenced Property
- Landscaped
Home Design
- Slab Foundation
- Wood Frame Construction
- Pitched Roof
- Composition Shingle Roof
- Wood Siding
- Metal Siding
Interior Spaces
- 1,585 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Oven or Range
- Laundry in Hall
Flooring
- Carpet
- Laminate
- Ceramic Tile
Parking
- 4 Parking Spaces
- 2 Parking Spaces Included
- Parking Lot
Outdoor Features
- Patio
Utilities
- Cooling System Utilizes Natural Gas
- Forced Air Heating System
- Heating System Uses Natural Gas
- Separate Meters
- Separate Water Meter
- Natural Gas Water Heater
- Internet Available
Community Details
- 2 Units
- Net Operating Income $22,779
Listing and Financial Details
- Assessor Parcel Number 03128108
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 12, 2021
Closed on
Oct 6, 2021
Sold by
Marroquin Jorge
Bought by
Delaney Pablo A and Delaney Ruth E
Seller's Agent
Brent Vaulet
RE/MAX Professionals-Reno
Buyer's Agent
Reyna Funes
Ferrari-Lund R.E. Sparks
List Price
$450,000
Sold Price
$420,000
Premium/Discount to List
-$30,000
-6.67%
Total Days on Market
56
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
$26,015
Avg. Annual Appreciation
1.70%
Original Mortgage
$315,000
Outstanding Balance
$290,349
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$155,666
Purchase Details
Listed on
Jul 17, 2017
Closed on
Oct 16, 2017
Sold by
Mixie Gerald F and Mixie Valerie F
Bought by
Marroquin Jorge
Seller's Agent
Beth Cooney
Dickson Realty - Sparks
Buyer's Agent
Carolina Flores
True Real Estate
List Price
$264,500
Sold Price
$264,500
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.26%
Original Mortgage
$255,290
Interest Rate
3.82%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 9, 2008
Sold by
Miller Mixie Gerald F and Miller Mixie Valerie
Bought by
Mixie Gerald F and Mixie Valerie F
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Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Delaney Pablo A | $420,000 | First Centennial Reno | |
| Marroquin Jorge | $264,500 | First Centennial Reno | |
| Mixie Gerald F | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Delaney Pablo A | $315,000 | |
| Previous Owner | Marroquin Jorge | $255,290 | |
| Previous Owner | Mixie Gerald F | $166,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/15/2021 10/15/21 | Sold | $420,000 | -5.6% | $265 / Sq Ft |
| 09/06/2021 09/06/21 | Pending | -- | -- | -- |
| 08/25/2021 08/25/21 | Price Changed | $445,000 | -1.1% | $281 / Sq Ft |
| 07/12/2021 07/12/21 | For Sale | $450,000 | +70.1% | $284 / Sq Ft |
| 10/17/2017 10/17/17 | Sold | $264,500 | 0.0% | $167 / Sq Ft |
| 08/21/2017 08/21/17 | Pending | -- | -- | -- |
| 07/17/2017 07/17/17 | For Sale | $264,500 | -- | $167 / Sq Ft |
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 | $848 | $59,153 | $41,720 | $17,433 |
| 2024 | $848 | $56,210 | $38,710 | $17,500 |
| 2023 | $824 | $54,353 | $39,305 | $15,048 |
| 2022 | $802 | $45,625 | $32,865 | $12,760 |
| 2021 | $2,334 | $37,886 | $25,375 | $12,511 |
| 2020 | $1,937 | $38,597 | $26,250 | $12,347 |
| 2019 | $695 | $34,202 | $22,470 | $11,732 |
| 2018 | $672 | $26,446 | $15,190 | $11,256 |
| 2017 | $639 | $24,954 | $14,000 | $10,954 |
| 2016 | $622 | $22,110 | $11,200 | $10,910 |
| 2015 | $623 | $18,990 | $8,050 | $10,940 |
| 2014 | $601 | $17,175 | $7,000 | $10,175 |
| 2013 | -- | $16,016 | $6,160 | $9,856 |
Source: Public Records
Agents Affiliated with this Home
-
Brent Vaulet
Seller's Agent in 2021
Brent Vaulet
RE/MAX
(775) 527-0031
8 in this area
364 Total Sales
-
Donal Minihan
Seller Co-Listing Agent in 2021
Donal Minihan
RE/MAX
(775) 870-5209
7 in this area
101 Total Sales
-
Reyna Funes
Buyer's Agent in 2021
Reyna Funes
Ferrari-Lund R.E. Sparks
(775) 232-6727
4 in this area
48 Total Sales
-
Beth Cooney
Seller's Agent in 2017
Beth Cooney
Dickson Realty
(775) 544-6026
1 in this area
117 Total Sales
-
Carolina Flores
Buyer's Agent in 2017
Carolina Flores
True Real Estate
(775) 233-1525
1 in this area
14 Total Sales
Map
Source: Northern Nevada Regional MLS
MLS Number: 210010006
APN: 031-281-08
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