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Single Family ResidenceResidential
$397,065$351 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 95How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $8,850 on Jun 11, 2003

540 RICHARDS WAY

SPARKS, NV 89431
3
Beds
1
Baths
1,131 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.17 ac
Lot SizeThe size of the land the home sits on, from county records.
1960
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
1
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$397K
$375K low$419K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$8,850 · Jun 11, 2003
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$154,855
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$123,884
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.63%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$82,129
WELLS FARGO HOME MORTGAGE INC · recorded Nov 7, 2003
2nd MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$92,405
WELLS FARGO BANK NA
3rd MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$67,676

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$764 (2026)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$52,151 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$34,090
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$18,061
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$51,491
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$87,976

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.11 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyWASHOE
Lot (acres)The size of the land the home sits on, from county records.0.17
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Porch · 102 ft²

Transaction History(3)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Florence Drake Elementary SchoolB+
Elementary · Grades KG–5 · 0.3 mi
M
George L. Dilworth Middle SchoolC
Middle · Grades 6–8 · 0.7 mi
H
Sparks High SchoolD
High · Grades 9–12 · 0.9 mi

District: Washoe County School District

Neighborhood · ZIP 89431These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.108
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.94
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.292

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.11%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.13%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.7%
PopulationHow many people live in this area.44,169
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.4,309 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$62,174
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$74,891
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.8 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.79%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.Yes

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

540 Richards Way measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 86% of homes in Washoe County
  • Costs more per square foot than 72% of homes in Sparks 89431
  • Smaller than 85% of homes in Washoe County
  • Has a bigger lot than 77% of homes in Sparks 89431
  • Older than 91% of homes in Washoe County

What homes are worth in Sparks 89431

Each bar is how many homes fall in that price range. The marker is this home.

This home
$187K$659K

This home is worth more than 45% of homes in Sparks 89431.

How it measures up in Sparks 89431

The dot is this home. The mark in the middle is the typical home in Sparks 89431.

Estimated value$397,065
CheaperTypical $407,274Pricier

Pricier than 45% of homes nearby

Price per ft²$351
CheaperTypical $313Pricier

Pricier than 72% of homes nearby

Living area1,131 ft²
SmallerTypical 1,229 ft²Bigger

Bigger than 38% of homes nearby

Lot size0.17 ac
SmallerTypical 0.14 acBigger

Bigger than 77% of homes nearby

Year built1960
OlderTypical 1965Newer

Newer than 32% of homes nearby

How 540 Richards Way ranks against every home in each area.
MeasureThis homeSparks 89431Washoe County
Estimated valuepricier than$397,06545% of homes14% of homes
Price per ft²pricier than$35172% of homes57% of homes
Living areabigger than1,131 ft²38% of homes15% of homes
Lot sizebigger than0.17 ac77% of homes47% of homes
Year builtnewer than196032% of homes9% of homes

About 540 Richards Way

How much is 540 Richards Way, Sparks, NV worth?

The TopHap Estimate for 540 Richards Way, Sparks, NV is $397,065 as of Jul 14, 2026. The likely range is $375,386 to $418,744. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 540 Richards Way, Sparks, NV last sell?

540 Richards Way, Sparks, NV last sold on Jun 11, 2003 for $8,850, according to the county's recorded deed.

How big is 540 Richards Way, Sparks, NV?

540 Richards Way, Sparks, NV has 3 bedrooms, 1 bathrooms, 1,131 square feet of living space and a 0.17-acre lot.

When was 540 Richards Way, Sparks, NV built?

540 Richards Way, Sparks, NV was built in 1960, making it 66 years old. The building has 1 story.

What schools serve 540 Richards Way, Sparks, NV?

540 Richards Way, Sparks, NV is assigned to Florence Drake Elementary School (elementary), rated B+; George L. Dilworth Middle School (middle), rated C; Sparks High School (high), rated D. All sit in Washoe County School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 540 Richards Way, Sparks, NV compare to other homes in Sparks 89431?

Among the 9,463 homes in Sparks 89431, it is worth more than 45% of them ($397,065 against a typical $407,274), its price per square foot is higher than 72% of them ($351 against a typical $313), it is bigger than 38% of them (1,131 ft² against a typical 1,229 ft²), its lot is bigger than 77% of them (0.17 ac against a typical 0.14 ac) and it is newer than 32% of them (1960 against a typical 1965). Measured against all of Washoe County, it is worth more than 14% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 540 Richards Way, Sparks, NV?

The 2026 property tax bill for 540 Richards Way, Sparks, NV was $764. The county assessed it at $52,151.

Closest homes

More homes in Sparks 89431

Assigned schools

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