1480 Centennial Mill Way Reno, NV 89523
Somersett Neighborhood
2
Beds
2
Baths
1,428
Sq Ft
5,227
Sq Ft Lot
Highlights
- Senior Community
- Wood Flooring
- 2 Car Attached Garage
- Mountain View
- Home Office
- Walk-In Closet
About This Home
As of November 2022Charminng and bright single story home! Home features open floor plan with hardwood floors, custom paint, upgraded drop down and recessed lighting. Breakfast bar in the kitchen lends itself to living room. Lovely backyard with pavers and trees. This is a Fannie Mae HomePath Property. Purchase this property for as little as 3% down! This property is approved for HomePath Mortgage Financing and HomePath Renovation Financing., Buyer will be charged a mandatory re-key fee through escrow at closing. The Buyers 10 day inspection period (Fannie Mae standard) starts once fully executed contracts are received. No offers can be submitted within the first 72 hours on MLS. All offers will be submitted after 72 hours, however, no Investor offers will be considered by Fannie Mae within the first 30 days on MLS (Visit HomePath.com to check status of the First Look Period). Please note that Fannie Mae strongly suggests no less than $1000 for earnest money deposit on financed offers and 10% earnest money deposit on cash offers. Buyer to verify ALL information regarding property, to include but not limited to tax and HOA information.
Last Agent to Sell the Property
Marshall Realty License #B.1000579 Listed on: 08/15/2012
Last Buyer's Agent
Rich Welsh
Dickson Realty - Damonte Ranch
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,374
Year Built
- Built in 2006
Lot Details
- 5,227 Sq Ft Lot
- Back Yard Fenced
- Landscaped
- Front Yard Sprinklers
- Property is zoned pud
HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Pitched Roof
- Stick Built Home
- Stucco
Interior Spaces
- 1,428 Sq Ft Home
- 1-Story Property
- Combination Dining and Living Room
- Home Office
- Mountain Views
- Crawl Space
- Breakfast Bar
- Laundry Room
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Primary Bathroom includes a Walk-In Shower
Schools
- Westergard Elementary School
- Billinghurst Middle School
- Mc Queen High School
Utilities
- Heating System Uses Natural Gas
- Gas Water Heater
Community Details
- Senior Community
- $200 HOA Transfer Fee
- Rmi, Llc , Ami 775 626 7333 Association, Phone Number (775) 337-2700
- The community has rules related to covenants, conditions, and restrictions
Listing and Financial Details
- REO, home is currently bank or lender owned
- Home warranty included in the sale of the property
- Assessor Parcel Number 23434318
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 17, 2022
Closed on
Oct 29, 2022
Sold by
Pierce Family Trust
Bought by
Handy Dean and Handy Jennifer
Seller's Agent
David Hughes
Dickson Realty - Caughlin
Buyer's Agent
JB Benna
Sierra Sotheby's Intl. Realty
List Price
$569,000
Sold Price
$495,000
Premium/Discount to List
-$74,000
-13.01%
Views
11
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,039
Avg. Annual Appreciation
5.00%
Original Mortgage
$512,820
Outstanding Balance
$498,826
Interest Rate
6.7%
Mortgage Type
VA
Estimated Equity
$66,482
Purchase Details
Closed on
Mar 17, 2022
Sold by
Pierce Marjorie D
Bought by
Pierce Family Trust
Purchase Details
Listed on
Aug 15, 2012
Closed on
Oct 9, 2012
Sold by
Federal National Mortgage Association
Bought by
Pierce Charles F and Pierce Marjorie D
Seller's Agent
Marshall Carrasco
Marshall Realty
Buyer's Agent
Rich Welsh
Dickson Realty - Damonte Ranch
List Price
$199,888
Sold Price
$185,000
Premium/Discount to List
-$14,888
-7.45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.16%
Original Mortgage
$80,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 11, 2012
Sold by
Hadley Joyce C
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Mar 30, 2006
Sold by
Pn Ii Inc
Bought by
Hadley Joyce C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,858
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac
Similar Home in Reno, NV
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $495,000 | First Centennial Title | |
| Deed | -- | Mobo Law Llp | |
| Bargain Sale Deed | $185,000 | First American Title Insuran | |
| Trustee Deed | $207,522 | Accommodation | |
| Bargain Sale Deed | $348,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $512,820 | VA | |
| Previous Owner | $80,000 | New Conventional | |
| Previous Owner | $207,858 | Fannie Mae Freddie Mac |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/04/2022 11/04/22 | Sold | $495,000 | -0.8% | $347 / Sq Ft |
| 10/07/2022 10/07/22 | Pending | -- | -- | -- |
| 09/16/2022 09/16/22 | Price Changed | $499,000 | -5.0% | $349 / Sq Ft |
| 08/29/2022 08/29/22 | Price Changed | $525,000 | -3.7% | $368 / Sq Ft |
| 08/02/2022 08/02/22 | Price Changed | $545,000 | -4.2% | $382 / Sq Ft |
| 07/16/2022 07/16/22 | For Sale | $569,000 | +207.6% | $398 / Sq Ft |
| 10/30/2012 10/30/12 | Sold | $185,000 | -7.4% | $130 / Sq Ft |
| 10/04/2012 10/04/12 | Pending | -- | -- | -- |
| 08/15/2012 08/15/12 | For Sale | $199,888 | -- | $140 / Sq Ft |
Source: Northern Nevada Regional MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $2,933 | $115,106 | $42,805 | $72,301 |
| 2024 | $2,933 | $109,410 | $36,680 | $72,730 |
| 2023 | $2,847 | $111,823 | $43,190 | $68,633 |
| 2022 | $2,765 | $90,899 | $33,775 | $57,124 |
| 2021 | $2,685 | $82,934 | $26,215 | $56,719 |
| 2020 | $2,604 | $85,144 | $28,385 | $56,759 |
| 2019 | $2,528 | $84,673 | $30,310 | $54,363 |
| 2018 | $2,454 | $74,123 | $21,000 | $53,123 |
| 2017 | $2,384 | $72,879 | $19,775 | $53,104 |
| 2016 | $2,323 | $72,418 | $18,235 | $54,183 |
| 2015 | $2,319 | $69,887 | $15,995 | $53,892 |
| 2014 | $2,251 | $67,475 | $15,085 | $52,390 |
| 2013 | -- | $59,578 | $10,780 | $48,798 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2022
David Hughes
Dickson Realty
(775) 771-1783
99 in this area
178 Total Sales
-
Seller Co-Listing Agent in 2022
Sarah Hughes
Dickson Realty
(775) 741-4011
15 in this area
107 Total Sales
-
Buyer's Agent in 2022
JB Benna
Sierra Sotheby's Intl. Realty
(775) 400-1221
11 in this area
103 Total Sales
-
Seller's Agent in 2012
Marshall Carrasco
Marshall Realty
(775) 787-7400
2 in this area
138 Total Sales
-
R
Buyer's Agent in 2012
Rich Welsh
Dickson Realty
Map
Source: Northern Nevada Regional MLS
MLS Number: 120010089
APN: 234-343-18
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The content relating to real estate for sale on this web site comes in part from the Broker Reciprocity/ IDX program of the Northern Nevada Regional Multiple Listing Service°. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo and detailed information about those listings includes the name of the listing brokerage. Any use of the content other than by a search performed by a consumer looking to purchase or rent real estate is prohibited. © 2025 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved.
Nearby Homes
- 9121 Quilberry Way
- 9141 Quilberry Way
- 1385 Hidden River Way
- 1591 Elk Run Trail
- 1395 Walking Stick Way
- 1536 Elk Run Trail
- 1345 W Del Webb Pkwy
- 1245 Del Webb Pkwy W
- 1197 Callaway Trail
- 1160 Sugar Creek Trail
- 1775 Samantha Crest Trail
- 9195 Summertree Ct
- 1825 Star Bright Way
- 8770 Lost Creek Ct
- 1380 Wakefield Trail
- 9225 Sassafras Trail
- 1335 Wakefield Trail
- 1014 Herndon Trail
- 1725 Verdi Vista Ct
- 2020 Heavenly View Trail