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640 Panama Drive

640 Panama Drive, Sparks, NV 89436
House in Kiley West
Sold Oct 23, 2020
$412,000
$388,000 by Guild Mortgage Co
Mortgage Due Jan 01, 2052
Sold Sep 03, 2004
$241,500
$229,150 by Platinum First Mortgage Lp
Mortgage Due Oct 01, 2034
640 Panama Drive in Sparks, NV was first built in 2004 and is 20 years old. This has been categorized as a residential property type. There are a total of 2 floors. 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 3 partial bathrooms. 640 Panama Drive has 2,209 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 6,500 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. For those who need parking, there is a attached garage. The garage is 441 sqft. There are a total of 2 available parking spaces. 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 C. The exterior walls of the home are made of a combination of material. As for heating, the home is utilizing a forced air unit. The property was last sold in Oct 21, 2020 for $412,000. That's $155.47 per sqft. Prior to that sales transaction, the property was also sold in Sep 2, 2004 for $241,500. 640 Panama Drive was last assessed in 2024. The total value of the property was assessed at $116,146. Specifically, the land the property is located on was valued at $30,450. While improvements on the property were assessed at a total of $85,696. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,840. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 441
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,500
  • Total Building Area: 2,650
  • Gross Building Area: 2,650
  • Building Area: 2,209
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,209
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: KILEY WEST 4B
  • Land Acres: 0.149
  • Standard Land Use Code: Single family residential
  • Legal Description 1: KILEY WEST 4-B LT 131

Ownership

  • Current Owner : ROGHAIR BENJAMIN
  • Current Owner 2: KILBURN STEPHANIE
  • Previous Owner : RIVERA MOISES ALVAREZ
  • Previous Owner 2: MENDOZA JUDITH
  • Owner Before Previous Owner: BARKER COLEMAN CONSTRUCTION LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Zoning

  • Zoning: PD

Geography

  • Assessors Map Reference: 510-26
  • Parcel: 510-261-16
  • Block: LT
  • Lot: 131
  • Municipality: CITY OF SPARKS
  • Latitude: 39.5993
  • Longitude: -119.731

    Address

  • Full Address: 640 Panama Dr
  • Address - House Number: 640
  • Address - Street Name: Panama
  • Address - Suffix Type: Dr
  • State: NV
  • City Name: Sparks
  • Carrier Code: C089
  • 4-Digit Zip Code: 1875
  • Zip Code: 89436

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,840
  • Tax Rate Code Area: 2000

    Appraisal Valuation

  • Standard Deviation: 0.1528
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 81
  • Final Value: 544,732
  • High Value: 627,981
  • Low Value: 461,484

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $388,000
  • First Open Lien Mortgage Lender: GUILD MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Dec 13, 2021
  • First Open Lien Mortgage Loan Amount: $388,000
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $258,093
  • Market Land Value: $66,600
  • Market Improvement Value: $191,493

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $116,146
  • Assessed Land Value: $30,450
  • Assessed Improvements Value: $85,696

    Sales

  • Current Sale Contract Date: Oct 21, 2020
  • Current Sale Recording Date: Oct 23, 2020
  • Current Sale Transaction ID: 11794512986
  • Current Sale Price: $412,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5094796
  • Previous Sale Recording Date: Sep 03, 2004
  • Previous Sale Contract Date: Sep 02, 2004
  • Previous Sale Amount: $241,500
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: AXIA FINANCIAL LLC
  • First Mortgage Transaction Date: Oct 23, 2020
  • First Mortgage Loan Amount: $329,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: PLATINUM FIRST MORTGAGE LP
  • Previous Mortgage Transaction Date: Sep 03, 2004
  • Previous Mortgage Loan Amount: $229,150
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Oct 01, 2034

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Frequently Asked Questions

What neighborhood is 640 Panama Drive located in?
The 640 Panama Drive is a house located in the neighborhood of Kiley West in Kiley Ranch South, Sparks.
What is the average sales price for listings in 640 Panama Drive?
The average sales price for units in 640 Panama Drive is $0 currently.

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