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509 M Street

509 M Street, Sparks, NV 89431
Sold Jul 05, 2023
$380,000
$361,000 by Guild Mortgage Company Llc
Mortgage Due Jul 01, 2053
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509 M Street in Sparks, NV was first built in 1953 and is 71 years old. Although, the building on the property was most recently renovated and altered in 1955. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 509 M Street has 1,378 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,316 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The roof of the home is made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as good. The exterior walls of the home are made of a combination of material. Walk into the home itself and you'll find that it is currently being cooled with a wall air conditioning unit. As for heating, the home is utilizing floor/wall heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 509 M Street was last sold in Jun 30, 2023 for $380,000. According to our calculations, that's $275.76 per sqft. Current property owners are expected to pay $666 in taxes per year. The property on 509 M Street was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $47,013. To break that down further, the land itself was valued at $30,065. While improvements to the property were assessed at a total of $16,948. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Asbestos Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1955
  • 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: Combination
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,316
  • Total Building Area: 1,378
  • Gross Building Area: 1,378
  • Building Area: 1,378
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Wall air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 1,378
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GREENBRAE TERRACE ADDITION 5
  • Land Acres: 0.145
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GREENBRAE TERRACE 5 LT 13 BLK 20

Ownership

  • Current Owner : PALSGAARD MARTHA
  • Previous Owner : GARCIA JOHN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 003001

Zoning

  • Zoning: SF-6

Geography

  • Assessors Map Reference: 033-01
  • Parcel: 033-011-10
  • Block: 20
  • Lot: 13
  • Municipality: CITY OF SPARKS
  • Latitude: 39.5465
  • Longitude: -119.75

    Address

  • Full Address: 509 M St
  • Address - House Number: 509
  • Address - Street Name: M
  • Address - Suffix Type: St
  • State: NV
  • City Name: Sparks
  • Carrier Code: C005
  • 4-Digit Zip Code: 3753
  • Zip Code: 89431

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $666
  • Tax Rate Code Area: 2000

    Appraisal Valuation

  • Standard Deviation: 0.0659
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 96
  • Final Value: 376,239
  • High Value: 401,049
  • Low Value: 351,430

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $361,000
  • First Open Lien Mortgage Lender: GUILD MORTGAGE COMPANY LLC
  • First Open Lien Mortgage Recording Date: Jul 05, 2023
  • First Open Lien Mortgage Loan Amount: $361,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2053

    Market Valuation

  • Market Total Value: $86,916
  • Market Land Value: $51,300
  • Market Improvement Value: $35,616

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $47,013
  • Assessed Land Value: $30,065
  • Assessed Improvements Value: $16,948

    Sales

  • Current Sale Contract Date: Jun 30, 2023
  • Current Sale Recording Date: Jul 05, 2023
  • Current Sale Transaction ID: 11909078438
  • Current Sale Price: $380,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5390041

    Last Sale Mortgage

  • First Mortgage Lender: GUILD MORTGAGE COMPANY LLC
  • First Mortgage Transaction Date: Jul 05, 2023
  • First Mortgage Loan Amount: $361,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2053

About Green Brae Terrace



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath

Frequently Asked Questions

What neighborhood is 509 M Street located in?
The 509 M Street is a house located in the neighborhood of Green Brae Terrace in Green Brae Terrace, Sparks.
What is the average sales price for listings in 509 M Street?
The average sales price for units in 509 M Street is $0 currently.

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