NOT LISTED FOR SALE

Estimated Value: $358,368 - $559,000

4 Beds
4 Baths
1,896 Sq Ft
$246/Sq Ft Est. Value

Last Sold March 11, 2016

Last sale price $261,000 $138 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,693/month

10 Days on Market

Highlights

  • 0.29 Acre Lot
  • Forced Air Heating and Cooling System
  • Landscaped
  • Double Pane Windows
  • 1-Story Property
  • Asbestos

About This Home

As of March 2016

Great Investment Opportunity!! Two buildings with total of 4 units on large lot. MANY recent improvements!. Front has (2) two bedrooms. Back has (2) Studios. Fully occupied. Close to transportation, shopping, ETC! Great investment now and potential with zoning. PLEASE DO NOT DISTURB TENANTS- THANK YOU!!

Last Listed By

Tania Ohlhauser

Realty One Group Eminence License #S.31523 Listed on: 02/14/2016

Realty One Group Eminence

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $866

Year Built

  • Built in 1964

Lot Details

  • 0.29 Acre Lot
  • Landscaped

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Pitched Roof
  • Composition Shingle Roof
  • Asbestos

Interior Spaces

  • 1,896 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Drapes & Rods
  • Blinds
  • Crawl Space
  • Fire and Smoke Detector
  • Oven or Range

Flooring

  • Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • 1 Parking Space Included
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Mounted To A Wall or Window
  • Master Water Meter
  • Electric Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 03108108

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • None Existing Community

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$866

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Type Of Property: Duplex, Triplex, 4-Plex
  • Lvt Date: 02/14/2016
  • Year Built: 1964
  • Access Type: Public
  • Xstreet Directions: Oddie/ Pyramid
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Oven/Range, Refrigerator, Varies Per Unit, Washer
  • Water Heater: Electric
  • Flooring: Carpet, Sheet Vinyl
  • Price Per Sq Ft: 137.66
  • Sold Price Per Sq Ft: 137.66
  • Source Of Sq Ft: Assessor
  • Gross Sq Ft: 1896

Exterior Features

  • Windows: Combo/Varies, Double Pane, Single Pane
  • Construction: Wood Frame
  • Exterior: Asbestos, Brick
  • Foundation: Concrete/Crawl Space
  • Landscaped: Partially Landscaped
  • Roof: Composition/Shingle, Pitched
  • Stories: 1 Story

Garage/Parking

  • Total Parking Capacity: 4
  • Parking Capacity Per Unit: 1
  • Parking Types: Designated Parking

Utilities

  • Heating Cooling: Air Unit, Wall Heater
  • Internet: Yes
  • Utilities: Cable, City/County Water, City Sewer, Electricity, Natural Gas, Telephone, Water Meter Installed
  • Facility Features: Master Meter-Water, Pet Restrictions, Separate Meters-Electric, Separate Water Heaters
  • Laundry: Varies Per Unit

Condo/Co-op/Association

  • Complex Name: none existing

Lot Info

  • Acreage: 0.29
  • Parcel Number: 03108108
  • Zoning Actual: TOD

Green Features

  • Green Features: Double Pane Windows

Rental Info

  • Current Lease: Leases

Tax Info

  • Taxes Dollar: 865.86

Multi Family

  • Annual Expenses: 7187
  • Annual Vacancy: 0.05
  • Gross Scheduled Income: 25620
  • Number Units: 4
  • Unit Features: Blinds/Shades, Drapes/Curtains, Smoke Detector

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2016
Closed on
Mar 9, 2016
Sold by
Jewk Homes Llc
Bought by
Ishii Herbert I and Zeng Ping J
Seller's Agent
Tania Ohlhauser
Realty One Group Eminence
Buyer's Agent
Bobbi McKinnon
Keller Williams Group One Inc.
List Price
$249,900
Sold Price
$261,000
Premium/Discount to List
$11,100
4.44%
Total Days on Market
10
Current Estimated Value
$466,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,842
Avg. Annual Appreciation
6.53%

Purchase Details

Closed on
Sep 6, 2006
Sold by
Marler Eileen M
Bought by
Jewk Homes Llc

Purchase Details

Closed on
Oct 28, 2004
Sold by
Juillerat Hector and Juillerat Helena
Bought by
Marler Eileen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,500
Interest Rate
5.79%
Mortgage Type
Unknown

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Similar Homes in Sparks, NV

  • 2011 H St, Sparks, NV 89431

    $589,000

    • 2 Beds
    • 3 Baths
    • 1,264 Sq Ft
    • 2011 H St
    • Sparks, NV

    Incredible investment opportunity located in the heart of Sparks! This 3 unit property consisting of duplex, and a 1 Bedroom SFR, is the perfect income generating property. Updates that have been completed since ownership of the property include, new fencing, railings, a bathroom remodel, newer appliances, new flooring, and more. Each unit has their own private, fenced in yard. Long term tenants,

    Joshua Skroch RE/MAX Professionals-Reno

    Section Image
  • 3131 Wedekind Rd, Sparks, NV 89431

    $549,500

    • 4 Beds
    • 4 Baths
    • 1,872 Sq Ft
    • 3131 Wedekind Rd
    • Sparks, NV

    Well cared for property with two homes on one lot with plenty of room for RV parking. The main home has 2 bedrooms, 1 bath, carport and yard. This home has a new refrigerator, gas stove, and dishwasher. Each home is 936 Sq. Ft. The guest house looks like a mountain cabin with tongue and groove pine throughout as well as custom tile work in the bathroom. The guest house also has a carport, yard

    Daniel Ripple Ferrari-Lund Real Estate Reno

    Section Image

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
Ishii Herbert I $261,000 First Centennial Reno
Jewk Homes Llc -- None Available
Marler Eileen M $283,500 Stewart Title Of Northern Nv
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marler Eileen M $188,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2016 03/11/16 Sold $261,000 +4.4% $138 / Sq Ft
02/24/2016 02/24/16 Pending -- -- --
02/14/2016 02/14/16 For Sale $249,900 -- $132 / 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 $1,114 $71,433 $51,450 $19,983
2024 $1,114 $68,122 $47,885 $20,236
2023 $1,081 $66,097 $48,620 $17,477
2022 $1,051 $51,838 $37,030 $14,808
2021 $1,021 $48,052 $33,530 $14,522
2020 $989 $46,525 $32,200 $14,325
2019 $944 $41,586 $28,000 $13,586
2018 $916 $37,799 $24,780 $13,019
2017 $889 $36,478 $23,800 $12,678
2016 $866 $32,261 $19,600 $12,661
2015 $437 $27,510 $14,840 $12,670
2014 $842 $24,404 $12,600 $11,804
2013 -- $22,348 $10,500 $11,848
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northern Nevada Regional MLS

MLS Number: 160001728

Northern Nevada Regional MLS

APN: 031-081-08