$29,250
SOLD DEC 30, 2013

1495 River Hill Way Reno, NV 89523

Somersett Neighborhood
0.94 Acre
$31,117 Price per Acre
40,946 Sq Ft Lot

Recently Sold

61% Below List Price

1,080 Days on Market

Highlights

  • 0.94 Acre Lot
  • Mountain View
  • Cul-De-Sac

About This Lot

As of May 2021

Unbelievable views from this cul-de-sac homesite. Located in the desirable gated Riverside community of Somersett at the 1st roundabout. Close to the clubhouse and community entrance. nearly an acre of land to design and build on. Property owners enjoy immediate amenity privileges while designing and building their dream home when they are ready. SAD is paid off! OWNER WILL CARRY WITH 10% DOWN FOR 5 YEARS WITH 7% INTEREST. Call L/A with questions.

Last Agent to Sell the Property

Deborah Bennington

Dickson Realty - Somersett License #BS.34209 Listed on: 12/26/2010

Dickson Realty - Somersett

Last Buyer's Agent

Patrick Fletcher

Dickson Realty - Somersett License #S.66332

Dickson Realty - Somersett

Property Details

Property Type

  • Land

Lot Details

  • 0.94 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Corners Of The Lot Have Been Marked
  • Lot Sloped Down

HOA Fees

  • $220 Monthly HOA Fees

Property Views

  • Mountain
  • Valley

Schools

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

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 23217206

Community Details

Overview

  • $223 HOA Transfer Fee
  • Rmi Somersett Association, Phone Number (775) 787-4500
  • The community has rules related to covenants, conditions, and restrictions, deed restrictions

Amenities

  • Common Area

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$220 per month

Listing Details

  • Property Type: Land
  • Horses: No
  • Lot Features: Cul-De-Sac, Sloped Down, Corners Marked, Curbs
  • Lot Size Acres: 0.94
  • Road Frontage Type: Private Road, Other
  • Road Surface Type: Paved
  • Has View?: Yes
  • Association Fees: 220.0
  • Association Fee Frequency: Monthly
  • Has H O A?: Yes
  • Co List Office Mls Id: 1525-o
  • Co List Office Phone: 775-746-7222
  • Directions: Somersett Pkwy/1st Roundabout
  • Tax Legal Zoning4: SFR
  • Lot Features Cul- De- Sac: Yes
  • Lot Features Sloped Down: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Water Rights Water Rights Y N: No
  • View Mountain(s): Yes
  • View Valley: Yes
  • Road Frontage Type Private Road: Yes
  • Association Details Management Company Name5: RMI - Somersett
  • Tax Legal Elementary School2: Westergard
  • Tax Legal High School2: Mc Queen
  • Tax Legal Tax Annual Amount3: 1973.0
  • Lot Features Adjoins Common Area: Yes
  • Association Details Management Company Phone5: 775-787-4500
  • Tax Legal Middleor Junior School3: Billinghurst
  • Association Community Association Y N: Yes
  • Lot Lot Size Acres: 0.94
  • Lot View Y N4: Yes
  • Lot Horse Y N4: No
  • Lot Features Corners Marked: Yes
  • Land Details Crops Included Y N: No
  • Land Details Deed Restrictions: Yes
  • Land Details Utility Easement Y N: Yes
  • Association Details Association Transfer Fee: 223.0
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountain(s), Valley

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Underground Utilities
  • Water Source: Public
  • Sewer: Public Sewer
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Water Source Public: Yes
  • Utilities Underground Utilities: Yes

Schools

  • Middle Or Junior School: Billinghurst

Lot Info

  • Parcel Number: 23217206
  • Fencing: None
  • Lot Size Sq Ft: 40946.4
  • Crops Included: No
  • Zoning: SFR

Tax Info

  • Tax Annual Amount: 1973.0

MLS Schools

  • Elementary School: Westergard
  • HighSchool: Mc Queen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2020
Closed on
Apr 28, 2021
Sold by
Simona Orchard Llc
Bought by
Kazakov Andrey A and Kazakov Victoria
Seller's Agent
Todd Disbrow
Engel & Volkers Lake Tahoe
Buyer's Agent
Nicole Montero Gozza
Real Broker LLC
List Price
$2,295,000
Sold Price
$2,350,000
Premium/Discount to List
$55,000
2.4%
Current Estimated Value
$2,526,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,395
Avg. Annual Appreciation
1.65%

Purchase Details

Closed on
Feb 18, 2021
Sold by
Ferneynes Grace
Bought by
Simona Orchard Llc

Purchase Details

Listed on
Jun 16, 2015
Closed on
Feb 26, 2016
Sold by
Cornelio Armando
Bought by
Ferneynes Grace P
Seller's Agent
Patrick Fletcher
Dickson Realty - Somersett
Buyer's Agent
Patrick Fletcher
Dickson Realty - Somersett
List Price
$75,000
Sold Price
$51,000
Premium/Discount to List
-$24,000
-32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.22%

Purchase Details

Listed on
Jun 16, 2015
Closed on
Feb 23, 2016
Sold by
Blackburn James Michael
Bought by
Gerneynes Grace P
Seller's Agent
Patrick Fletcher
Dickson Realty - Somersett
Buyer's Agent
Patrick Fletcher
Dickson Realty - Somersett
List Price
$75,000
Sold Price
$51,000
Premium/Discount to List
-$24,000
-32%

Purchase Details

Listed on
Dec 26, 2010
Closed on
Dec 23, 2013
Sold by
Coombs Orval
Bought by
Coombs Anita
Seller's Agent
Deborah Bennington
Dickson Realty - Somersett
Buyer's Agent
Patrick Fletcher
Dickson Realty - Somersett
List Price
$74,900
Sold Price
$29,250
Premium/Discount to List
-$45,650
-60.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.20%

Purchase Details

Listed on
Dec 26, 2010
Closed on
Dec 20, 2013
Sold by
Blackburn Florence W
Bought by
Blackburn James Michael
Seller's Agent
Deborah Bennington
Dickson Realty - Somersett
Buyer's Agent
Patrick Fletcher
Dickson Realty - Somersett
List Price
$74,900
Sold Price
$29,250
Premium/Discount to List
-$45,650
-60.95%

Purchase Details

Listed on
Dec 26, 2010
Closed on
Dec 19, 2013
Sold by
Coombs Anita and Newell Sandra
Bought by
Blackburn James Michael
Seller's Agent
Deborah Bennington
Dickson Realty - Somersett
Buyer's Agent
Patrick Fletcher
Dickson Realty - Somersett
List Price
$74,900
Sold Price
$29,250
Premium/Discount to List
-$45,650
-60.95%

Purchase Details

Closed on
Sep 22, 2009
Sold by
City Of Reno
Bought by
Coombs Anita and Newell Sandra

Purchase Details

Closed on
Jul 31, 2007
Sold by
Alvarez Araceli
Bought by
Ruiz Jesus M

Purchase Details

Closed on
Jul 25, 2005
Sold by
Somersett Development Co Ltd
Bought by
Ruiz Jesus M and Alvarez Araceli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.7%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $2,350,000 Western Title
Bargain Sale Deed $200,000 Accommodation
Bargain Sale Deed -- Ticor Title
Bargain Sale Deed $51,000 Ticor Title Reno Lakeside
Interfamily Deed Transfer -- Ticor Title Reno
Interfamily Deed Transfer -- Ticor Title Reno
Bargain Sale Deed $29,500 Ticor Title Reno
Quit Claim Deed $155,000 None Available
Quit Claim Deed -- None Available
Bargain Sale Deed $190,000 Ticor Title Of Nevada Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $190,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2021 05/03/21 Sold $2,350,000 +2.4% $376 / Sq Ft
02/15/2021 02/15/21 Pending -- -- --
08/19/2020 08/19/20 For Sale $2,295,000 +4400.0% $367 / Sq Ft
03/01/2016 03/01/16 Sold $51,000 -32.0% --
01/25/2016 01/25/16 Pending -- -- --
06/16/2015 06/16/15 For Sale $75,000 +156.4% --
12/30/2013 12/30/13 Sold $29,250 -60.9% --
12/10/2013 12/10/13 Pending -- -- --
12/26/2010 12/26/10 For Sale $74,900 -- --
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
2025 $16,561 $536,993 $51,013 $485,981
2024 $16,561 $534,406 $46,200 $488,206
2023 $16,083 $496,258 $45,719 $450,539
2022 $15,613 $426,284 $38,500 $387,784
2021 $14,752 $411,011 $28,875 $382,136
2020 $5,050 $151,247 $29,838 $121,409
2019 $3,726 $116,856 $29,838 $87,018
2018 $547 $25,912 $25,025 $887
2017 $525 $23,976 $23,100 $876
2016 $512 $34,137 $33,250 $887
2015 $511 $26,280 $24,850 $1,430
2014 $495 $13,517 $12,600 $917
2013 -- $14,920 $14,000 $920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 100017610

Northern Nevada Regional MLS

APN: 232-172-06