NOT LISTED FOR SALE

Estimated Value: $550,000 - $577,000

2 Beds
2 Baths
1,440 Sq Ft
$391/Sq Ft Est. Value

Last Sold January 17, 2014

Last sale price $220,000 $153 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $3,274/month

144 Days on Market

Highlights

  • Golf Course Community
  • Spa
  • Mountain View
  • Fitness Center
  • Active Adult
  • Clubhouse

About This Home

As of January 2014

Scarce 55+ property that has been redone for selective senior buyer. New paint and carpet, all minor repairs completed. Patio offers privacy and view of mountains. Backs open space- watch the critters move thru the canyon. Agents! Special procedures & Important Information for all offers in Extended, Private Remarks & Attached Documents. Special financing and incentives MAY be available for both buyers and agents., This is a HomePath eligible property. Finance with as little as 5% down, 15% down for investors. See attached flyers for mortgage options & participating lenders, & “First Look” submission rules also “What You Need to Know.” Please read before writing your offer. Sierra Canyon $82/mo Somersett Master Asso $81/mo. City of Reno Special Assessment to be assumed by buyer $2940. Qtrly payments.

Last Agent to Sell the Property

Pat Schweigert

ERA - Realty Central License #B.583 Listed on: 07/15/2013

Last Buyer's Agent

Dennis Manning

Reno/Tahoe Realty Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,700

Year Built

  • Built in 2005

Lot Details

  • 4,792 Sq Ft Lot
  • Back Yard Fenced
  • Landscaped
  • Level Lot
  • Open Lot
  • Front and Back Yard Sprinklers
  • Property is zoned pud

HOA Fees

  • $163 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Common or Shared Parking

Home Design

  • Slab Foundation
  • Pitched Roof
  • Tile Roof
  • Wood Siding
  • Stick Built Home
  • Masonite

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Blinds
  • Great Room
  • Home Office
  • Mountain Views
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Garden Bath

Pool

  • Spa

Schools

  • Verdi Elementary School
  • Billinghurst Middle School
  • Mc Queen High School

Utilities

  • Forced Air Heating System
  • Gas Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Home warranty included in the sale of the property
  • Assessor Parcel Number 23438108

Community Details

Overview

  • Active Adult
  • $350 HOA Transfer Fee
  • Rmi Management, Somersett, Sierra Canyon Association
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Fitness Center
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,700

Year Built

Built in 2005

Lot Details

0

HOA Fees

$163 per month

Parking

2

Listing Details

  • Year Built: 2005
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Landscaped, Level, Open Lot, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Acres: 0.11
  • Road Frontage Type: Other
  • Is Senior Community?: Yes
  • Has View?: Yes
  • Association Amenities: Fitness Center, Golf Course, Maintenance Grounds, Parking, Pool, Spa/Hot Tub, Clubhouse/Recreation Room
  • Association Fees: 163.0
  • Association Fee Frequency: Monthly
  • Has H O A?: Yes
  • Co List Office Mls Id: 414-o
  • Co List Office Phone: 775-685-2372
  • Special Conditions: Real Estate Owned
  • Directions: Somersett Rdg, Del Web right to Tarleton
  • Has Fireplace?: Yes
  • Living Area: 1440.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Verdi
  • Tax Legal Middle Or Junior School2: Billinghurst
  • Tax Legal High School: Mc Queen
  • Tax Legal Tax Annual Amount: 2700.0
  • Tax Legal Zoning4: pud
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 163.0
  • Building Stories5: 1
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 0.11
  • Lot Lot Size Square Feet2: 4791.6
  • Lot Horse Y N2: No
  • Association Details Transfer Fee: 350.0
  • Construction Materials Masonite: Yes
  • Lot View Y N2: Yes
  • Fencing Back Yard: Yes
  • Lot Features Landscaped: Yes
  • Foundation Details Slab: Yes
  • Lot Features Level: Yes
  • Lot Features Sprinklers In Front: Yes
  • Lot Features Sprinklers In Rear: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Sprinklers Front: Yes
  • Sprinklers Rear: Yes
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Appliances Disposal: Yes
  • View Mountain(s): Yes
  • Appliances Microwave: Yes
  • Association Amenities Fitness Center: Yes
  • Association Amenities Maintenance Grounds: Yes
  • Association Amenities Clubhouse Recreation Room: Yes
  • Water Heater Gas5: Yes
  • Fireplace Features Gas Log: Yes
  • Lot Features Open Lot: Yes
  • Other Rooms Office Den: Yes
  • Association Amenities Spa Hot Tub: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: RMI Management, Somersett, Sierra Canyon
  • Association Community Senior Community Y N3: Yes
  • Association Amenities Golf Course: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Interior Amenities: Breakfast Bar, Primary Downstairs, Walk-In Closet(s)
  • Window Features: Blinds, Double Pane Windows, Low-Emissivity Windows
  • Interior Living Area4: 1440.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Interior Features Breakfast Bar: Yes
  • Interior Features Primary Downstairs: Yes
  • Window Features Double Pane Windows: Yes
  • Kitchen Features Breakfast Bar2: Yes
  • Window Features Blinds: Yes
  • Primary Bedroom Features On Main Floor: Yes
  • Flooring Ceramic Tile: Yes
  • Laundry Features Laundry Area: Yes
  • Laundry Features Laundry Room: Yes
  • Living Room Features Great Room3: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Primary Bedroom Features Garden Tub: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Window Features Low- Emissivity Windows: Yes
  • Kitchen Features Built- In Microwave: Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes
  • Dining Room Features Great Room4: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Pitched, Tile
  • Stories: 1
  • View: Mountain(s)
  • Construction Type: Masonite, Wood Siding
  • Foundation Details: Slab
  • Construction Materials Wood Siding: Yes
  • Association Amenities Pool: Yes
  • Roof Pitched: Yes
  • Roof Tile3: Yes

Garage/Parking

  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Garage Spaces: 2.0
  • Has Attached Garage?: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 2.0
  • Parking Information Garage Y N: Yes
  • Parking Information Garage Spaces: 2.0
  • Parking Information Carport Y N: No
  • Parking Information Parking Total: 2.0
  • Parking Features Attached: Yes
  • Association Amenities Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: Laundry Area, Laundry Room
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Heating Y N3: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Utilities Internet Available: Yes
  • Heating Forced Air: Yes
  • Water Source Public: Yes

Schools

  • Middle Or Junior School: Billinghurst

Lot Info

  • Parcel Number: 23438108
  • Fencing: Back Yard
  • Lot Size Sq Ft: 4791.6
  • Zoning: pud

Tax Info

  • Tax Annual Amount: 2700.0

MLS Schools

  • Elementary School: Verdi
  • HighSchool: Mc Queen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2013
Closed on
Jan 9, 2014
Sold by
Fannie Mae
Bought by
Kocher Paul T and Kocher Lynn M
Seller's Agent
Pat Schweigert
ERA - Realty Central
Buyer's Agent
Dennis Manning
Reno/Tahoe Realty Group, LLC
List Price
$275,000
Sold Price
$220,000
Premium/Discount to List
-$55,000
-20%
Current Estimated Value
$562,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,989
Avg. Annual Appreciation
8.12%
Original Mortgage
$176,000
Outstanding Balance
$132,045
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$430,944

Purchase Details

Closed on
Mar 15, 2013
Sold by
Tweedle Healy Richard J and Tweedle Healy Toni
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 30, 2006
Sold by
Pn Ii Inc
Bought by
Tweedle Healy Richard J and Tweedle Healy Toni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,038
Interest Rate
6.52%
Mortgage Type
Unknown
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kocher Paul T $220,000 Stewart Title Of Nevada Reno
Federal National Mortgage Association $264,173 Multiple
Tweedle Healy Richard J $310,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kocher Paul T $176,000
Previous Owner Tweedle Healy Richard J $248,038
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2014 01/17/14 Sold $220,000 -20.0% $153 / Sq Ft
12/05/2013 12/05/13 Pending -- -- --
07/14/2013 07/14/13 For Sale $275,000 -- $191 / Sq Ft
Source: Northern Nevada Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $2,259 $116,282 $43,225 $73,057
2024 $2,940 $109,399 $34,846 $74,553
2023 $2,854 $111,331 $41,031 $70,301
2022 $2,772 $90,580 $32,086 $58,494
2021 $2,692 $83,000 $24,904 $58,096
2020 $2,611 $84,549 $26,966 $57,583
2019 $2,536 $83,861 $28,795 $55,066
2018 $2,458 $73,754 $19,950 $53,804
2017 $2,389 $72,580 $18,786 $53,794
2016 $2,328 $72,196 $17,323 $54,873
2015 $2,323 $69,617 $15,195 $54,422
2014 $2,255 $67,228 $14,331 $52,897
2013 -- $59,480 $10,241 $49,239
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 130008603

Northern Nevada Regional MLS

APN: 234-381-08