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10550 Palm Springs Drive

10550 Palm Springs Drive, Sparks, NV 89441
Sold Apr 30, 2020
$359,900
$398,867 by Mortgage Research Center Llc
Mortgage Due Feb 01, 2052
10550 Palm Springs Drive has been categorized by the local assessors in Sparks, NV as a residential type of property. The building on the property was first built in 1988 and is 36 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 10550 Palm Springs Drive has 1,339 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 16,553 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 713 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of wood. In terms of heating, it is utilizing a forced air unit. Finally, the property is currently sourcing its water from a municipal system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 10550 Palm Springs Drive sold most recently in Apr 29, 2020 for a total of $359,900. If you work out the math, that's approximately a cost of $175.39 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,835 in taxes each year. 10550 Palm Springs Drive was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $74,861. If we break it down further, the land itself was valued at $36,295. Improvements to the property, however, were assessed at a total of $38,566. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Masonite Siding

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 713
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 16,553
  • Total Building Area: 2,052
  • Gross Building Area: 2,052
  • Building Area: 1,339
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,339
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PYRAMID RANCH ESTATES 4A
  • Land Acres: 0.38
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PYRAMID RANCH EST 4A LT 1 BLK A

Ownership

  • Current Owner : WATERS KEVIN F
  • Current Owner 2: ARGA WATERS JOWENA
  • Previous Owner : FLOREY DENNIS L
  • Previous Owner 2: FLOREY JOHN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 003518

Zoning

  • Zoning: MDS

Geography

  • Assessors Map Reference: 089-30
  • Parcel: 089-303-01
  • Block: A
  • Lot: 1
  • Municipality: TRUCKEE MEADOWS F.P.D
  • Latitude: 39.6475
  • Longitude: -119.71

    Address

  • Full Address: 10550 Palm Springs Dr
  • Address - House Number: 10550
  • Address - Street Name: Palm Springs
  • Address - Suffix Type: Dr
  • State: NV
  • City Name: Sparks
  • Carrier Code: R008
  • 4-Digit Zip Code: 0541
  • Zip Code: 89441

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,835
  • Tax Rate Code Area: 4000

    Appraisal Valuation

  • Standard Deviation: 0.1626
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 458,727
  • High Value: 533,339
  • Low Value: 384,116

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $398,867
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Open Lien Mortgage Recording Date: Jan 21, 2022
  • First Open Lien Mortgage Loan Amount: $398,867
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Market Valuation

  • Market Total Value: $155,126
  • Market Land Value: $66,400
  • Market Improvement Value: $88,726

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $74,861
  • Assessed Land Value: $36,295
  • Assessed Improvements Value: $38,566

    Sales

  • Current Sale Contract Date: Apr 29, 2020
  • Current Sale Recording Date: Apr 30, 2020
  • Current Sale Transaction ID: 11757359427
  • Current Sale Price: $359,900
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5024587

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Apr 30, 2020
  • First Mortgage Loan Amount: $359,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: May 01, 2050

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Frequently Asked Questions

What neighborhood is 10550 Palm Springs Drive located in?
The 10550 Palm Springs Drive is a other located in the neighborhood of Pyramid Ranch Estates in Pyramid Ranch Estates, Sparks.
What is the average sales price for listings in 10550 Palm Springs Drive?
The average sales price for units in 10550 Palm Springs Drive is $0 currently.

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