5 months on rocket

542 7th St, Sparks, NV, 89431

$4,250,000

0 Baths
Multi

Location

Image provided by Mapbox

Property Highlights

Home TypeMulti Family
ParkingDesignated Parking, Varies Per Unit
Year Built2024
HeatingElectric
CoolingAir Unit
MLS #240008147
Lot Size0.28 Acres
StatusActive
(ACTIVE)

About 542 7th St

Introducing the epitome of modern living in the heart of Sparks. This brand new 14-unit multi-family building is convenientl located just minutes away from the Sparks Marina, Legends shopping mall, Victorian Square, I-80 and downtown Reno. This prime location offers unparalleled convenience and accessibility to the best of what Reno/Sparks has to offer. All 14 units were designed with a perfect blend of functionality and contemporary aesthetics and features: durable LVP flooring throughout, stainless steel

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Stories: 3

Listing Office:

  • Office Name: Vantage Real Estate
  • Office Phone: (775) 772-3519
  • Listing Agent: Tawny Garrick-Holcomb

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer
  • Flooring Type: Laminate
  • Interior: Fire Sprinkler, Smoke Detector

Exterior Features

Exterior Information:

  • Exterior: Patio/Deck

Parking Information:

  • Parking: Designated Parking, Varies Per Unit

Lot Features

Lot Information:

  • Lot: Sprinklers
  • Lot Size: 0.28 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Air Unit

Other

Directions Information:

  • Directions: Pyramid - F St. - 7th St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,250,000

Tax Information:

  • Annual Amount: $999
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Sparks, NV.

Med. Sold Price

$518.5K

Med. Price/SqFt

$292

Avg. Days On Market

85

# of Sold Homes

109

542 7th St vs Sparks

173 DAYS ON ROCKET

+88 Days

$4,250,000

+$3.7M More

KEY TAKEAWAY

This property is $3.7M more than the Median Sold Price in Sparks, NV.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #240008147

Listing Office:

  • Office Name: Vantage Real Estate
  • Office Phone: (775) 772-3519
  • Listing Agent: Tawny Garrick-Holcomb

IDX Copyright © 2024 Northern Nevada Regional MLS. All rights reserved.

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: 12/18/2024, 7:21:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 05, 2021Home Sold
$138,000
Feb 04, 2021Home Sold
$889,500
Mar 02, 2005Home Sold
$980,000

Tax History

YEARPROP. TAXASSESSMENT
2020$999$31,279
2019 - $29,147
2018 - $29,096
2017 - $29,196

History based on county public records data.

Payment Calculator

$21.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$12.8K

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.

Nearby Schools

school-card-donut-82515
4
/10
  • Lincoln Park Elementary School

  • 201 Lincoln Way

  • 0.30 miles

  • Public District Grades KG-5

school-card-donut-82516
5
/10
  • Robert Mitchell Elementary School

  • 1216 Prater Way

  • 0.39 miles

  • Public District Grades KG-5

school-card-donut-82517
5
/10
  • Greenbrae Elementary School

  • 1840 4th St

  • 0.72 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,713. The majority of Sparks, NV residents have income less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

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Rocket Homes›Nevada›Washoe County›Sparks›89431›542 7th St

This home is located at 542 7th St in Sparks, NV and zip code 89431. This home, which was built in 2024, sits on a 0.28 acre lot. It has been listed on Rocket Homes since June 28, 2024 and is currently priced at $4,250,000.

While more than 17 listings in Sparks, NV in November 2024 were sold above asking price, there were more than 40 listings sold at asking price, and more than 52 were sold below. Between October 2024 and November 2024, Sparks, NV real estate market has seen decrease in the number of listings by 3.7%. Listings spent 85 days on the market in November 2024, and had a median list price of $518,567 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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