$359,000 $370,000 ↓ $11,000 reduced Active
1016 Prater Way
Sparks, NV 89431

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STR Status Unknown
2 Beds
·
2.0 Baths
·
816 Sq Ft

Our data on this home

About This Property

Beautifully remodeled early 1900s home in the heart of downtown Sparks. Offering two bedrooms, two full bathrooms. RV parking, nice sized back yard with extra large yard behind the gate. The extensive remodel includes all-new electrical wiring, new water lines, new drain lines, and a brand-new tankless water heater. New LVP flooring, new carpet/padding, and a beautifully updated kitchen featuring new appliances. Stackable washer/dryer included as well. this home is truly move-in ready and a great opportunity for anyone looking for a beautifully updated home in Sparks.

Listed by Jared English — Congress Realty, INC.

Listing Details

Status Active
MLS # 260012394
Days on Market 27
Price/Sq Ft $440

Property History

Sep 25, 2026
Listed for sale
$370,000
Oct 12, 2026
Price reduced
$359,000 $370,000 ↓ $11,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Feb 2026 $230,000 Garrett StewartKeller Williams Group One Inc. Chris YochumDickson Realty - Caughlin

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 2
Baths 2.0
Sq. Ft. 816
Lot Size 0.14 acres
Stories 1
Year Built 1919
Property Type Single Family Residence
Subdivision Prater Addition To Sparks
APN 031-372-32
Parking
Total Parking 2
Parking Features RV Access/Parking
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Level
View City, Peek
Roof Asphalt
Foundation Concrete Perimeter, Crawl Space
Utilities & Systems
Heating Forced Air
Financial
Annual Tax $1,401
Schools
Elementary School Mitchell
Middle School Dilworth
High School Sparks
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

STR analysis
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Home Insurance Estimate

Standard homeowners policy for this home

$1,200 – $1,700/yr
about $121/mo
Est. Rebuild Cost (Coverage A)
$342,720

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

See it in the monthly payment

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$2,053 per month
Principal & interest
$1,815/mo
Property taxes
$117/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$121/mo
Estimated ~$1,200–$1,700/yr — get a local broker quote for accuracy.
Down payment
20% ($71,800)
Home price
$359,000
Loan details
30-yr fixed, 6.5%
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