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308 O Street

308 O Street, Sparks, NV 89431
Sold Jul 02, 2020
$305,000
$274,725 by Iserve Residential Lending Llc
Mortgage Due Jul 01, 2050
Sold May 18, 2018
$250,000
$242,500 by Movement Mortgage
Mortgage Due Jun 01, 2048
Local assessors in Sparks, NV have categorized 308 O Street as a residential type of property. The home was built in 1956 and is 68 years old. It was most recently renovated and altered in 1960. The property's lot size has been calculated to be 7,884 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 308 O Street has a total of 1,381 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 500 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a roof that is made of composition shingle. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 308 O Street sold most recently in Jun 26, 2020 for a total of $305,000. If you work out the math, that's approximately a cost of $162.15 per sqft. Before that, the property was also sold for $250,000 in Apr 28, 2018. 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 $770 in taxes each year. 308 O Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $50,273. If we break it down further, the land itself was valued at $30,065. Improvements to the property, however, were assessed at a total of $20,208. 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

Brick Exterior
Metal Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Frame
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 500
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,884
  • Total Building Area: 1,881
  • Gross Building Area: 1,909
  • Building Area: 1,381
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,381
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GREENBRAE TERRACE SUB ADD 7
  • Land Acres: 0.181
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GREENBRAE TERR ADD 7 LT 11 BLK 40

Ownership

  • Current Owner : MORGAN MASON S
  • Previous Owner : WILSON KYLE ROBERT
  • Previous Owner 2: HOGUE MELISSA LAURA
  • Owner Before Previous Owner: DAVIDSON FRED
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 002902

Zoning

  • Zoning: SF-6

Geography

  • Assessors Map Reference: 028-37
  • Parcel: 028-373-11
  • Block: 40
  • Lot: 11
  • Municipality: CITY OF SPARKS
  • Latitude: 39.5483
  • Longitude: -119.746

    Address

  • Full Address: 308 O St
  • Address - House Number: 308
  • Address - Street Name: O
  • Address - Suffix Type: St
  • State: NV
  • City Name: Sparks
  • Carrier Code: C017
  • 4-Digit Zip Code: 3280
  • Zip Code: 89431

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $770
  • Tax Rate Code Area: 2000

    Appraisal Valuation

  • Standard Deviation: 0.1871
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 418,149
  • High Value: 496,411
  • Low Value: 339,887

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $274,725
  • First Open Lien Mortgage Lender: ISERVE RESIDENTIAL LENDING LLC
  • First Open Lien Mortgage Recording Date: Jul 02, 2020
  • First Open Lien Mortgage Loan Amount: $274,725
  • 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: Jul 01, 2050

    Market Valuation

  • Market Total Value: $93,713
  • Market Land Value: $51,300
  • Market Improvement Value: $42,413

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $50,273
  • Assessed Land Value: $30,065
  • Assessed Improvements Value: $20,208

    Sales

  • Current Sale Contract Date: Jun 26, 2020
  • Current Sale Recording Date: Jul 02, 2020
  • Current Sale Transaction ID: 11770644720
  • Current Sale Price: $305,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5047832
  • Previous Sale Recording Date: May 18, 2018
  • Previous Sale Contract Date: Apr 28, 2018
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: ISERVE RESIDENTIAL LENDING LLC
  • First Mortgage Transaction Date: Jul 02, 2020
  • First Mortgage Loan Amount: $274,725
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: MOVEMENT MORTGAGE
  • Previous Mortgage Transaction Date: May 18, 2018
  • Previous Mortgage Loan Amount: $242,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2048

About Green Brae Terrace



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Frequently Asked Questions

What neighborhood is 308 O Street located in?
The 308 O Street is a other located in the neighborhood of Green Brae Terrace in Green Brae Terrace, Sparks.
What is the average sales price for listings in 308 O Street?
The average sales price for units in 308 O Street is $305,500 , or $221/sqft. currently.

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