Seller financing is available, and seller would prefer to sell as a portfolio with The Townsite (250 W Commercial). With seller financing terms for both assets, buyer would cash flow and potential cash on cash could be around 8%. Sparks Studios is a charming, retro, mid-century modern 23 unit complex located at 2150 Victorian Ave, Sparks, NV. This multi-family property offers a mix of studio and one-bedroom units, ranging in size from 220 to 400 square feet, making it a cozy and efficient living space.
Property Details
Property Features
Property Information:
Year Built: 1943
Stories: 1
Listing Office:
Office Name: Address Income
Office Phone: (775) 233-0754
Listing Agent: Trevor Richardson
Interior Features
Interior Information:
Appliances: Refrigerator, Microwave
Flooring Type: Laminate
Interior: Furnished, Smoke Detector
Exterior Features
Parking Information:
Parking: Common
Lot Features
Lot Information:
Lot Size: 0.52 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Wall Furnace
Cooling: Evaporative Cooling
Other
Directions Information:
Directions: Victorian Ave and 22nd St
Price Information
Listing Price Info
Price Summary:
List Price: $2,800,000
Tax Information:
Annual Amount: $3,979
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Sparks, NV.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Northern Nevada Regional MLS. Real estate listings held by other brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information is supplied by seller and other third parties and has not been verified.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/22/2024, 8:21:05 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Mar 15, 2021
Mar 15, 2021Home Sold
$1,300,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$3,979
$107,512
2019
$3,883
$103,993
2018
$3,867
$103,028
2017
$3,851
$102,807
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$14K
Per Month
Principal & Interest
$13.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$8,461
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Kate M. Smith Elementary School
1925 F St
Distance between this listing and this school0.26 miles
Public District Grades KG-5
3
/10
Bernice Mathews Elementary School
2750 Elementary Dr
Distance between this listing and this school0.56 miles
Public District Grades KG-5
5
/10
Robert Mitchell Elementary School
1216 Prater Way
Distance between this listing and this school0.79 miles
Public District Grades KG-5
Nearby Schools
6
/10
Mater Academy of Northern Nevada
2680 E 9th St
Distance between this listing and this school0.48 miles
Public Charter Grades KG-8
5
/10
High Desert Montessori
2590 Orovada St
Distance between this listing and this school1.04 miles
Public Charter Grades PK-8
3
/10
Fred W. Traner Middle School
1700 Carville Dr
Distance between this listing and this school1.14 miles
Public District Grades 6-8
Nearby Schools
3
/10
Sparks High School
820 15th St
Distance between this listing and this school0.70 miles
Public District Grades 9-12
8
/10
Academy for Career Education
2800 Vassar St
Distance between this listing and this school1.60 miles
Public Charter Grades 9-12
4
/10
Procter R. Hug High School
2880 Sutro St
Distance between this listing and this school1.88 miles
The neighbors living near this home have an average income of $28,824. Typical income of Sparks, NV residents is less than $35k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 2150 Victorian Ave in Sparks, NV and zip code 89431. This home, which was built in 1943, sits on a 0.52 acre lot. It has been listed on Rocket Homes since June 29, 2024 and is currently priced at $2,800,000.
Over 17 listings were sold over their listed price in November 2024 in Sparks, NV. In the same period over 52 listings were sold below the listed price and 40 listings were sold for the listed price. In November 2024 in Sparks, NV there were 3.7% less homes for sale than in October 2024. While the average time on the market in November 2024 was 85 days, the median list price was $518,567.
From Rocket Homes Real Estate and based on county public records data.