NOT LISTED FOR SALE

1568 River Hill Way Unit Homesite 34 Reno, NV 89523

Somersett Neighborhood

Estimated Value: $1,171,000 - $1,415,000

3 Beds
3.5 Baths
3,185 Sq Ft
$394/Sq Ft Est. Value

Last Sold September 28, 2023

Last sale price $1,062,404 $334 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $8,244/month

287 Days on Market

Highlights

  • Golf Course Community
  • Spa
  • Mountain View
  • Fitness Center
  • Gated Community
  • Clubhouse

About This Home

As of September 2023

****Quick Close**New Construction**Upon entering this open floor plan home you will be greeted by 12' ceilings in Greatroom/Kitchen/Dining with a multi panel sliding glass door that leads out to a nice size covered patio. 8' interior Doors, Kitchen comes w/42" upper cabinets, Commercial grade Range, with an additional wall oven and microwave, Island w/breakfast bar & large walk in pantry. Dining room has a sliding glass door that leads out the nice size covered patio., Master has 2 separate walk in closets, dual sinks with a very large walk in shower. room with cabinets and sink off of the garage that makes for great organization and tidiness. ***NEW HOME UNDER CONSTRUCTION*** This home is 1 of 8 Floorplans to choose from offered in the Beautiful New Home Gated Community Brae Retreat. Homes includes 12'-14' Ceilings (per plan) 8' Interior Doors, Granite Countertops, Stainless Steel Appliances include Dishwasher, Cooktop, Microwave Drawer and Single Oven, Maple Shaker Cabinets, Under Mount Sink w/ pull down Faucet in Kitchen, Walk in Pantry, Gas Fireplace in Greatroom, Dual Vanities in Master, Large Tiled Mst. Shower w/Frameless Enclosure, Oversize Master Walkin Closets and much more. ***Buyers can still customize this home with builder options as well as selections Flooring, Counter Tops, Tub and Shower Surrounds etc. Exterior Picture is an artist rendering and is not of actual home. Home is under construction and tentative completion is 60-75 from purchase. New Construction and the Taxes have not been assessed yet.

Last Agent to Sell the Property

Valorie Holcomb

Pacific Wind Realty License #S.35996 Listed on: 09/07/2022

Last Buyer's Agent

Sarah Powell

Dickson Realty - Caughlin License #S.190549

Dickson Realty - Caughlin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $867

Year Built

  • Built in 2022

Lot Details

  • 9,148 Sq Ft Lot
  • Property fronts a private road
  • Security Fence
  • Back Yard Fenced
  • Landscaped
  • Level Lot
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Property is zoned PUD

HOA Fees

  • $258 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick or Stone Veneer
  • Slab Foundation
  • Frame Construction
  • Blown-In Insulation
  • Batts Insulation
  • Pitched Roof
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,185 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Gas Log Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Dual Sinks
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Sink Near Laundry
  • Laundry Cabinets

Home Security

  • Smart Thermostat
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Patio
  • Barbecue Stubbed In

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
  • Tankless Water Heater
  • 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 23277207

Community Details

Overview

  • $1,000 HOA Transfer Fee
  • Somersett First Services Residental Association, Phone Number (775) 624-8805
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

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

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$867

Year Built

Built in 2022

Lot Details

0

HOA Fees

$516 per month

Parking

3

Listing Details

  • Year Built: 2022
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Landscaped, Level, Sprinklers In Front
  • Lot Size Acres: 0.21
  • Road Frontage Type: Private Road, Other
  • Has View?: Yes
  • Security Features: Security Fence, Smoke Detector(s)
  • Association Amenities: Fitness Center, Gated, Golf Course, Maintenance Grounds, Pool, Spa/Hot Tub, Tennis Court(s), Clubhouse/Recreation Room
  • Association Fees: 258.0
  • Association Fee Frequency: Monthly
  • Has H O A?: Yes
  • Co List Office Mls Id: 1898-o
  • Co List Office Phone: 775-626-1800
  • Directions: Somersett Parkway and River Hill Way
  • Has Cooling?: Yes
  • Has Fireplace?: Yes
  • Living Area: 3185.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Westergard
  • Tax Legal Middle Or Junior School2: Billinghurst
  • Tax Legal High School: Mc Queen
  • Tax Legal Tax Annual Amount: 866.73
  • Tax Legal Zoning4: PUD
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 258.0
  • Building Stories5: 2
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 0.21
  • Lot Lot Size Square Feet2: 9147.6
  • Lot Horse Y N2: No
  • Association Details Transfer Fee: 1000.0
  • Lot View Y N2: Yes
  • Fencing Back Yard: Yes
  • Lot Features Landscaped: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Lot Features Level: Yes
  • Lot Features Sprinklers In Front: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Sprinklers Front: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Cooling Refrigerated: Yes
  • Appliances Disposal: Yes
  • Outdoor Living Spaces Patio2: Yes
  • Security Features Smoke Detector(s): Yes
  • Sprinklers Drip System In Front: Yes
  • View Mountain(s): Yes
  • Appliances Microwave: Yes
  • Association Amenities Fitness Center: Yes
  • Association Amenities Gated: Yes
  • Association Amenities Maintenance Grounds: Yes
  • Association Amenities Tennis Court(s): Yes
  • Association Amenities Clubhouse Recreation Room: Yes
  • Security Features Security Fence: Yes
  • Water Heater Gas5: Yes
  • Construction Materials Stucco: Yes
  • Fireplace Features Gas Log: Yes
  • Sprinklers Automatic: Yes
  • Other Rooms Entrance Foyer2: Yes
  • Construction Materials Frame: Yes
  • Road Frontage Type Private Road: Yes
  • Road Responsibility Private Maintained Road: Yes
  • Association Amenities Spa Hot Tub: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: Somersett First Services Residental
  • Construction Materials Masonry Veneer: Yes
  • Appliances Gas Range: Yes
  • Association Amenities Golf Course: Yes
  • Association Details Management Company Phone5: 775-624-8805
  • Water Heater Tankless: Yes
  • Appliances Double Oven: Yes
  • Appliances Included As Personal Property Gas Oven2: Yes
  • Appliances Included As Personal Property Gas Cooktop2: Yes
  • Water Heater E N E R G Y S T A R Qualified: Yes
  • Construction Materials Batts Insulation: Yes
  • Insulation Details Batts Insulation2: Yes
  • Insulation Details Blown- In Insulation2: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Gas Cooktop, Gas Range, Microwave
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Breakfast Bar, High Ceilings, Kitchen Island, Pantry, Primary Downstairs, Smart Thermostat, Walk-In Closet(s)
  • Window Features: Double Pane Windows, Low-Emissivity Windows, Vinyl Frames
  • Interior Bathrooms Half: 1
  • Interior Living Area4: 3185.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Interior Features High Ceilings: Yes
  • Fireplace Features Living Room: Yes
  • Interior Features Breakfast Bar: Yes
  • Interior Features Primary Downstairs: Yes
  • Window Features Double Pane Windows: Yes
  • Window Features Vinyl Frames: Yes
  • Kitchen Features Breakfast Bar2: Yes
  • Primary Bedroom Features Double Sinks: Yes
  • Interior Fireplaces Total2: 1.0
  • Primary Bedroom Features On Main Floor: Yes
  • Primary Bedroom Features Shower Stall: Yes
  • Flooring Ceramic Tile: Yes
  • Laundry Features Cabinets2: Yes
  • Laundry Features Laundry Area: Yes
  • Laundry Features Laundry Room: Yes
  • Living Room Features Great Room3: Yes
  • Dining Room Features High Ceilings3: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Dining Room Features Kitchen Combination: Yes
  • Interior Features Kitchen Island: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Window Features Low- Emissivity Windows: Yes
  • Laundry Features Sink: Yes
  • Kitchen Features Built- In Microwave: Yes
  • Kitchen Features Kitchen Island2: Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes
  • Family Room Features Great Room5: Yes
  • Interior Features Smart Thermostat: Yes
  • Kitchen Features Built- In Double Oven: Yes
  • Kitchen Features Gas Cooktop3: Yes
  • Kitchen Features E N E R G Y S T A R Qualified Appliances2: Yes

Exterior Features

  • Exterior Features: Barbecue Stubbed In
  • Roof: Pitched, Tile
  • Stories: 2
  • View: Mountain(s)
  • Construction Type: Batts Insulation, Frame, Stucco, Masonry Veneer
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Association Amenities Pool: Yes
  • Roof Pitched: Yes
  • Roof Tile3: Yes
  • Exterior Features Barbecue Stubbed In: Yes

Garage/Parking

  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Garage Spaces: 3.0
  • Has Attached Garage?: Yes
  • Parking Features: Attached, Garage Door Opener
  • Total Parking Spaces: 3.0
  • Parking Information Garage Y N: Yes
  • Parking Information Garage Spaces: 3.0
  • Parking Information Carport Y N: No
  • Parking Information Parking Total: 3.0
  • Parking Features Attached: Yes
  • Parking Features Garage Door Opener: Yes

Utilities

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

Schools

  • Middle Or Junior School: Billinghurst

Lot Info

  • Parcel Number: 23277207
  • Fencing: Back Yard
  • Lot Size Sq Ft: 9147.6
  • Zoning: PUD

Tax Info

  • Tax Annual Amount: 866.73

MLS Schools

  • Elementary School: Westergard
  • HighSchool: Mc Queen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2022
Closed on
Sep 20, 2023
Sold by
First Roundabout Llc
Bought by
Powell Sarah C
Seller's Agent
Valorie Holcomb
Pacific Wind Realty
Buyer's Agent
Sarah Powell
Dickson Realty - Caughlin
List Price
$1,136,230
Sold Price
$1,062,404
Premium/Discount to List
-$73,826
-6.5%
Views
221
Current Estimated Value
$1,227,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,189
Avg. Annual Appreciation
9.56%
Original Mortgage
$537,404
Outstanding Balance
$529,211
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$732,185
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Powell Sarah C $1,062,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powell Sarah C $537,404
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2023 09/28/23 Sold $1,062,404 -1.2% $334 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
05/22/2023 05/22/23 Price Changed $1,075,509 -7.7% $338 / Sq Ft
01/08/2023 01/08/23 Price Changed $1,165,234 +2.6% $366 / Sq Ft
09/06/2022 09/06/22 For Sale $1,136,230 -- $357 / 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 $12,464 $353,106 $73,150 $279,956
2024 $12,464 $141,276 $61,390 $79,886
2023 $3,780 $66,790 $65,800 $990
2022 -- $59,010 $59,010 --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 220013320

Northern Nevada Regional MLS

APN: 232-772-07