NOT LISTED FOR SALE

Estimated Value: $470,348

4 Beds
2 Baths
1,480 Sq Ft
$318/Sq Ft Est. Value

Last Sold January 31, 2022

Last sale price $425,000 $287 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,522/month

94 Days on Market

Highlights

  • Double Pane Windows
  • 2 Car Garage
  • Heating System Uses Natural Gas
  • Landscaped
  • Carpet
  • 5-minute walk to Lillard Park

About This Home

As of January 2022

Walking distance from Victorian Square, large one-bedroom units and dedicated garages make this Sparks duplex a fantastic investment opportunity with high upside. Each unit is 740 square feet with laundry in-unit and some recent updates. The large lot size provides ample yard space with potential for upgrades and a detached garage. Highly desirable Victorian Square has seen immense changes in the last decade with the addition of premium housing, high-end retail, amphitheater and activities., Contact Agent for marketing package. Property is fully occupied, please respect tenant's privacy. Drive by only.

Last Agent to Sell the Property

Chris Moton

Marmot Properties, LLC License #BS.145493 Listed on: 09/24/2021

Co-Listed By

Trevor Richardson

Address Income License #B.1002905

Last Buyer's Agent

Sam Dykstra

RE/MAX Professionals-Reno License #S.194298

RE/MAX Professionals-Reno

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $768

Year Built

  • Built in 1951

Lot Details

  • 6,970 Sq Ft Lot
  • Back Yard Fenced
  • Landscaped

Home Design

  • Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,480 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Crawl Space

Kitchen

  • Oven
  • Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Alley Access

Schools

  • Mitchell Elementary School
  • Sparks Middle School
  • Sparks High School

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Gas Water Heater
  • Phone Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 03215111

Community Details

Overview

  • 2 Units
  • The community has rules related to covenants, conditions, and restrictions

Building Details

  • Net Operating Income $11,304

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$768

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Year Built: 1951
  • Property Type: Residential Income
  • Lot Features: Landscaped
  • Lot Size Acres: 0.16
  • Road Frontage Type: Public
  • Co List Office Mls Id: 1964-o
  • Co List Office Phone: 775-850-3100
  • Co List Office Mls Id: 1854-o
  • Co List Office Phone: 775-301-5289
  • Directions: 10th St.
  • Tax Legal Zoning4: MUD
  • Building Stories5: 1
  • Fencing Back Yard: Yes
  • Lot Features Landscaped: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Appliances Dishwasher: Yes
  • Appliances Dryer: Yes
  • Appliances Washer: Yes
  • Water Heater Gas5: Yes
  • Construction Materials Stucco: Yes
  • Construction Materials Frame: Yes
  • Tax Legal Elementary School2: Mitchell
  • Tax Legal High School2: Sparks
  • Lot Lot Size Acres4: 0.16
  • Lot Lot Size Square Feet4: 6969.6
  • Appliances Oven: Yes
  • Appliances Gas Range: Yes
  • Foundation Details Crawl Space2: Yes
  • Tax Legal Tax Annual Amount3: 768.25
  • Incomeand Expenses Net Operating Income: 11304.0
  • Contract Rent Control Y N: No
  • Association Community Number Of Buildings2: 1.0
  • Building Number Of Units Total5: 2.0
  • Special Information Onsite Management Y N: No
  • Meter Information Separate Meters Y N: No
  • Meter Information Separate Electric Meters Y N: No
  • Meter Information Separate Gas Meters Y N: No
  • Meter Information Separate Water Meters Y N: No
  • Meter Information Separate Water Heaters Y N: No
  • Meter Information One Primary Electric Meter Y N: No
  • Meter Information One Primary Gas Meter Y N: No
  • Meter Information One Primary Water Meter Y N: No
  • Tax Legal Middleor Junior School: Sparks
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Oven, Dishwasher, Dryer, Gas Range, Refrigerator, Washer
  • Flooring: Carpet, Varies, Vinyl
  • Number Of Buildings: 1
  • Other Equipment: Varies By Unit
  • Window Features: Double Pane Windows, Single Pane Windows, Varies
  • Flooring Carpet: Yes
  • Window Features Double Pane Windows: Yes
  • Laundry Features In Kitchen: Yes
  • Flooring Vinyl: Yes
  • Interior Building Area Total3: 1480.0

Exterior Features

  • Roof: Composition, Pitched, Shingle
  • Stories: 1
  • Construction Type: Frame, Stucco
  • Foundation Details: Crawl Space
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: Alley Access, Garage
  • Total Parking Spaces: 2.0
  • Parking Features Garage: Yes
  • Parking Information Parking Total4: 2.0
  • Parking Features Alley Access: Yes

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cellular Coverage
  • Water Source: Public
  • Laundry Features: In Kitchen
  • Heating: Natural Gas, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes
  • Heating Wall Furnace: Yes
  • Utilities Heating Y N5: Yes

Schools

  • Middle Or Junior School: Sparks

Lot Info

  • Parcel Number: 03215111
  • Fencing: Back Yard
  • Lot Size Sq Ft: 6969.6
  • Zoning: MUD

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Scheduled Income: 17100.0
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 768.25

MLS Schools

  • Elementary School: Mitchell
  • HighSchool: Sparks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2024
Sold by
Cathy L Dykstra 2011 Revocable Living Tr and Dykstra Cathy L
Bought by
Maple Leaf Property Llc
Current Estimated Value
$470,348

Purchase Details

Listed on
Sep 24, 2021
Closed on
Jan 27, 2022
Sold by
J & M Foster Llc
Bought by
Dykstra Cathy
Seller's Agent
Chris Moton
Marmot Properties, LLC
Buyer's Agent
Sam Dykstra
RE/MAX Professionals-Reno
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.63%
Original Mortgage
$310,000
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2017
Sold by
Faster John Michael
Bought by
J And M Foster Llc

Purchase Details

Closed on
Dec 6, 2014
Sold by
J & M Foster Llc
Bought by
Foster John Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2014
Sold by
Foster Toni
Bought by
Foster John Micheal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2008
Sold by
Foster Foster John Renwick John Renwick and Foster Allyn Michelle
Bought by
J & M Foster Llc

Purchase Details

Closed on
Aug 15, 2007
Sold by
Edwards James F
Bought by
Foster Foster John Renwick John Renwick and Foster Allyn Michelle

Purchase Details

Closed on
May 6, 2004
Sold by
Edwards Joan F
Bought by
Edwards Joan F and Edwards Survivor Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Maple Leaf Property Llc -- None Listed On Document
Cathy L Dykstra 2011 Revocable Living Trust -- None Listed On Document
Dykstra Cathy $425,000 First Centennial Title
J And M Foster Llc -- None Available
Foster John Michael $55,000 First Centennial
Foster John Micheal -- First Centennial
J & M Foster Llc -- None Available
Foster Foster John Renwick John Renwick -- None Available
Edwards Joan F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dykstra Cathy $310,000
Previous Owner Foster John Michael $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2022 01/31/22 Sold $425,000 0.0% $287 / Sq Ft
12/26/2021 12/26/21 Pending -- -- --
12/20/2021 12/20/21 For Sale $425,000 0.0% $287 / Sq Ft
12/20/2021 12/20/21 Price Changed $425,000 -5.6% $287 / Sq Ft
12/02/2021 12/02/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $450,000 -- $304 / 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
2026 $776 $60,316 $40,880 $19,436
2025 $963 $60,819 $41,720 $19,099
2024 $897 $57,980 $38,710 $19,270
2023 $897 $56,055 $39,305 $16,750
2022 $832 $46,877 $32,865 $14,012
2021 $768 $39,203 $25,375 $13,828
2020 $745 $39,898 $26,250 $13,648
2019 $724 $35,534 $22,470 $13,064
2018 $704 $27,687 $15,190 $12,497
2017 $683 $26,183 $14,000 $12,183
2016 $666 $23,353 $11,200 $12,153
2015 $666 $20,184 $8,050 $12,134
2014 $647 $18,330 $7,000 $11,330
2013 -- $17,139 $6,160 $10,979
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 210014465

Northern Nevada Regional MLS

APN: 032-151-11