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5392 Village Meadows Drive

5392 Village Meadows Drive, Sparks, NV 89436
Property in Kiley Ranch
Sold Oct 01, 2021
$430,000
$373,500 by Broker Solutions Inc
Mortgage Due Nov 01, 2051
Sold Aug 21, 2014
$177,000
$167,878 by Summit Funding Inc
Mortgage Due Sep 01, 2044
Local assessors in Sparks, NV have categorized 5392 Village Meadows Drive as a residential type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 4,636 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, 2 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 are 2 full bathrooms. There are also 2 partial bathrooms. 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 5392 Village Meadows Drive has a total of 1,096 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 420 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. 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 - C. The building has a roof that is made of composition shingle. Lots of a combination of material were used in the construction of the exterior walls of the home. 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, 5392 Village Meadows Drive sold most recently in Aug 30, 2021 for a total of $430,000. If you work out the math, that's approximately a cost of $283.64 per sqft. Before that, the property was also sold for $177,000 in Aug 20, 2014. 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 $1,785 in taxes each year. 5392 Village Meadows Drive was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $78,563. If we break it down further, the land itself was valued at $26,600. Improvements to the property, however, were assessed at a total of $51,963. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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

Stucco Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,636
  • Total Building Area: 1,516
  • Gross Building Area: 1,516
  • Building Area: 1,096
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,096
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: KILEY RANCH 2B UNIT 9
  • Land Acres: 0.106
  • Standard Land Use Code: Single family residential
  • Legal Description 1: KILEY RANCH 2B UT 9 LT 103

Ownership

  • Current Owner : GAMBLE BENNIE LEE
  • Previous Owner : HEACOCK JAMES B
  • Previous Owner 2: HEACOCK CAROLE J
  • Owner Before Previous Owner: MURPHY KAYLEENE J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 003510

Zoning

  • Zoning: PD

Geography

  • Assessors Map Reference: 516-26
  • Parcel: 516-263-04
  • Lot: 103
  • Municipality: CITY OF SPARKS
  • Latitude: 39.5884
  • Longitude: -119.727

    Address

  • Full Address: 5392 Village Meadows Dr
  • Address - House Number: 5392
  • Address - Street Name: Village Meadows
  • Address - Suffix Type: Dr
  • State: NV
  • City Name: Sparks
  • Carrier Code: C076
  • 4-Digit Zip Code: 0860
  • Zip Code: 89436

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,785
  • Tax Rate Code Area: 2000

    Appraisal Valuation

  • Standard Deviation: 0.1616
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 425,626
  • High Value: 494,428
  • Low Value: 356,823

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $373,500
  • First Open Lien Mortgage Lender: BROKER SOLUTIONS INC
  • First Open Lien Mortgage Recording Date: Oct 01, 2021
  • First Open Lien Mortgage Loan Amount: $373,500
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $172,105
  • Market Land Value: $55,800
  • Market Improvement Value: $116,305

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $78,563
  • Assessed Land Value: $26,600
  • Assessed Improvements Value: $51,963

    Sales

  • Current Sale Contract Date: Aug 30, 2021
  • Current Sale Recording Date: Oct 01, 2021
  • Current Sale Transaction ID: 11864278879
  • Current Sale Price: $430,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5233151
  • Previous Sale Recording Date: Aug 21, 2014
  • Previous Sale Contract Date: Aug 20, 2014
  • Previous Sale Amount: $177,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: BROKER SOLUTIONS INC
  • First Mortgage Transaction Date: Oct 01, 2021
  • First Mortgage Loan Amount: $373,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: SUMMIT FUNDING INC
  • Previous Mortgage Transaction Date: Aug 21, 2014
  • Previous Mortgage Loan Amount: $167,878
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2044

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Frequently Asked Questions

What neighborhood is 5392 Village Meadows Drive located in?
The 5392 Village Meadows Drive is a located in the neighborhood of Kiley Ranch in Kiley Ranch South, Sparks.
What is the average sales price for listings in 5392 Village Meadows Drive?
The average sales price for units in 5392 Village Meadows Drive is $0 currently.

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