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2540 Fargo Way

2540 Fargo Way, Sparks, NV 89434
House in Washoe
Sold Feb 12, 2020
$339,000
$326,968 by Broker Solutions Inc
Mortgage Due Mar 01, 2050
Sold Jun 04, 2019
$260,000
2540 Fargo Way 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 1986 and is 38 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2540 Fargo Way has 1,732 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 5,881 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 432 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. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 2540 Fargo Way sold most recently in Feb 11, 2020 for a total of $339,000. If you work out the math, that's approximately a cost of $156.65 per sqft. Before that, the property was also sold for $260,000 in Jun 1, 2019. 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 $1,874 in taxes each year. 2540 Fargo Way was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $75,757. If we break it down further, the land itself was valued at $31,089. Improvements to the property, however, were assessed at a total of $44,668. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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

Wood Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 432
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,881
  • Total Building Area: 2,164
  • Gross Building Area: 2,164
  • Building Area: 1,732
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,732
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LEWIS HOMES SPARKS NO 12K
  • Land Acres: 0.135
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LEWIS HOMES SPARKS 12K LT 127 BLK P

Ownership

  • Current Owner : VONDRAK DEREK
  • Current Owner 2: VONDRAK MELISSA
  • Previous Owner : EAST CREEK LLC
  • Owner Before Previous Owner: GARCIA ARNOLD C
  • Owner Before Previous Owner 2: GARCIA DENISE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 003106

Zoning

  • Zoning: SF-6/PUD

Geography

  • Assessors Map Reference: 036-57
  • Parcel: 036-571-14
  • Block: P
  • Lot: 127
  • Municipality: CITY OF SPARKS
  • Latitude: 39.5541
  • Longitude: -119.724

    Address

  • Full Address: 2540 Fargo Way
  • Address - House Number: 2540
  • Address - Street Name: Fargo
  • Address - Suffix Type: Way
  • State: NV
  • City Name: Sparks
  • Carrier Code: C069
  • 4-Digit Zip Code: 0756
  • Zip Code: 89434

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,874
  • Tax Rate Code Area: 2000

    Appraisal Valuation

  • Standard Deviation: 0.1626
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 472,611
  • High Value: 549,460
  • Low Value: 395,762

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $326,968
  • First Open Lien Mortgage Lender: BROKER SOLUTIONS INC
  • First Open Lien Mortgage Recording Date: Feb 12, 2020
  • First Open Lien Mortgage Loan Amount: $326,968
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2050

    Market Valuation

  • Market Total Value: $156,746
  • Market Land Value: $53,865
  • Market Improvement Value: $102,881

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $75,757
  • Assessed Land Value: $31,089
  • Assessed Improvements Value: $44,668

    Sales

  • Current Sale Contract Date: Feb 11, 2020
  • Current Sale Recording Date: Feb 12, 2020
  • Current Sale Transaction ID: 11735390210
  • Current Sale Price: $339,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5000353
  • Previous Sale Recording Date: Jun 04, 2019
  • Previous Sale Contract Date: Jun 01, 2019
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: BROKER SOLUTIONS INC
  • First Mortgage Transaction Date: Feb 12, 2020
  • First Mortgage Loan Amount: $326,968
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2050

About Sparks



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Unit for rent at 512 7th Street, Sparks, NV, 89431

$1,595 /mo

  • 1 Bed
  • 1 Bath
  • 744 ft²
512 7th Street, Sparks, NV, 89431 Listing by David Martin

Frequently Asked Questions

What neighborhood is 2540 Fargo Way located in?
The 2540 Fargo Way is a house located in the neighborhood of Washoe in Sparks, Sparks.
What is the average sales price for listings in 2540 Fargo Way?
The average sales price for units in 2540 Fargo Way is $0 currently.

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