NOT LISTED FOR SALE

1550 Meridian Ranch Dr Reno, NV 89523

Somersett Neighborhood

Estimated Value: $581,000 - $637,000

2 Beds
2 Baths
1,460 Sq Ft
$412/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $540,000 $370 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,704/month

177 Days on Market

Highlights

  • Senior Community
  • Clubhouse
  • Great Room
  • Mountain View
  • Wood Flooring
  • Community Pool

About This Home

As of March 2024

This stunning adult living certified 55+ property offers a harmonious blend of luxury and comfort. Upgraded wide plank hardwood floors, slab granite countertops, plantation shutters, laundry room sink, upgraded cabinets and newer carpet. Larger lot situated for privacy with a beautifully landscaped backyard and a peek view., Indulge in the numerous amenities this vibrant community has to offer, including access to the renowned golf course, clubhouse, swimming pools, fitness center, and much more. Don't miss the opportunity to embrace an active adult lifestyle in this remarkable Del Webb home within the desirable Somersett neighborhood. Convenient location near shopping, dining and golf courses with easy freeway access. Lake Tahoe beaches and ski resorts an hour or less away.

Last Agent to Sell the Property

Kirsten Childers

Sierra Sotheby's Intl. Realty License #S.181322 Listed on: 08/18/2023

Sierra Sotheby's Intl. Realty

Last Buyer's Agent

Matthew Robinson

Chase International-Damonte License #S.196236

Chase International-Damonte

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,949

Year Built

  • Built in 2006

Lot Details

  • 7,405 Sq Ft Lot
  • Back Yard Fenced
  • Landscaped
  • Level Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Property is zoned Pd

HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Mountain
  • Park or Greenbelt

Home Design

  • Slab Foundation
  • Pitched Roof
  • Stick Built Home
  • Stucco

Interior Spaces

  • 1,460 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Blinds
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Library
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry
  • Laundry Cabinets
  • Shelves in Laundry Area

Outdoor Features

  • Patio

Schools

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

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 23432112

Community Details

Overview

  • Senior Community
  • $250 HOA Transfer Fee
  • Grand Manors Association
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions
  • Greenbelt

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Snow Removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,949

Year Built

Built in 2006

Lot Details

0

HOA Fees

$111 per month

Parking

2

Listing Details

  • Year Built: 2006
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Road Frontage Type: Other
  • Co List Office Mls Id: 2172-o
  • Co List Office Phone: 775-384-6900
  • Directions: Somersett Ridge Pkwy/Del Webb Pkwy
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Cooktop, Gas Range, Microwave, Refrigerator, Washer
  • Flooring: Carpet, Ceramic Tile, Wood
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Interior Amenities: Breakfast Bar, Pantry, Primary Downstairs, Walk-In Closet(s)
  • Window Features: Blinds, Double Pane Windows, Vinyl Frames

Exterior Features

  • Exterior Features: None
  • Roof: Pitched
  • Stories: 1
  • View: Mountain(s), Park/Greenbelt
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Water Available, Cellular Coverage
  • Water Source: Public
  • Laundry Features: Cabinets, Laundry Area, Laundry Room, Shelves, Sink
  • Cooling: Central Air, Refrigerated
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association #2 Fee: 132.0

Schools

  • Middle Or Junior School: Billinghurst

Lot Info

  • Parcel Number: 23432112
  • Fencing: Back Yard
  • Lot Size Sq Ft: 7405.2
  • Zoning: Pd

Tax Info

  • Tax Annual Amount: 2949.0

MLS Schools

  • Elementary School: Westergard
  • HighSchool: Mc Queen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2024
Sold by
Fisher Esther and Fisher Curtis
Bought by
Fisher Living Trust and Fisher
Total Days on Market
177
Current Estimated Value
$601,749

Purchase Details

Listed on
Aug 18, 2023
Closed on
Mar 8, 2024
Sold by
Thomas Stephanie and Thomas Michael
Bought by
Fisher Esther and Fisher Curtis
Seller's Agent
Kirsten Childers
Sierra Sotheby's Intl. Realty
Buyer's Agent
Matthew Robinson
Chase International-Damonte
List Price
$550,000
Sold Price
$540,000
Premium/Discount to List
-$10,000
-1.82%
Views
1787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.76%
Original Mortgage
$135,000
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2018
Sold by
Thomas Stephanie and Thomas Stephanie
Bought by
Thomas Stephanie

Purchase Details

Closed on
Jul 24, 2018
Sold by
Thomas Keith D and Thomas Stephanie
Bought by
Thomas Stephanie

Purchase Details

Closed on
Feb 19, 2015
Sold by
Thomas Keith D and Thomas Stephanie
Bought by
Thomas Keith D and Thomas Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2011
Sold by
Barna John and Barna Sally A
Bought by
Thomas Keith and Thomas Stephanie

Purchase Details

Closed on
Jan 23, 2006
Sold by
Pn Ii Inc
Bought by
Barna John and Barna Sally A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,864
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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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
Fisher Living Trust -- None Listed On Document
Fisher Esther $540,000 First American Title
Thomas Michael -- First American Title
Thomas Stephanie -- Western Title Co
Thomas Stephanie -- Attorney
Thomas Keith D -- Western Title Co
Thomas Keith $185,000 Western Title Company
Barna John $380,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fisher Esther $135,000
Previous Owner Thomas Stephanie $238,000
Previous Owner Thomas Keith D $112,500
Previous Owner Thomas Keith $106,328
Previous Owner Barna John $303,850
Previous Owner Barna John $303,864
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $540,000 -1.8% $370 / Sq Ft
02/10/2024 02/10/24 Pending -- -- --
01/20/2024 01/20/24 Price Changed $550,000 0.0% $377 / Sq Ft
01/20/2024 01/20/24 For Sale $550,000 -1.6% $377 / Sq Ft
11/30/2023 11/30/23 Pending -- -- --
09/22/2023 09/22/23 Price Changed $559,000 -1.8% $383 / Sq Ft
08/17/2023 08/17/23 For Sale $569,000 -- $390 / 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
2025 $3,038 $118,329 $42,805 $75,524
2024 $3,038 $112,833 $36,680 $76,153
2023 $2,949 $114,874 $43,190 $71,684
2022 $2,863 $93,440 $33,775 $59,665
2021 $2,780 $85,519 $26,215 $59,304
2020 $2,696 $87,740 $28,385 $59,355
2019 $2,618 $87,088 $30,310 $56,778
2018 $2,542 $76,486 $21,000 $55,486
2017 $2,468 $75,303 $19,775 $55,528
2016 $2,408 $74,863 $18,235 $56,628
2015 $2,402 $72,169 $15,995 $56,174
2014 -- $69,747 $15,085 $54,662
2013 -- $61,703 $10,780 $50,923
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 230009639

Northern Nevada Regional MLS

APN: 234-321-12