NOT LISTED FOR SALE

1601 Lone Oak Trail Reno, NV 89523

Somersett Neighborhood

Estimated Value: $548,115 - $577,000

3 Beds
2.5 Baths
1,882 Sq Ft
$300/mo HOA Fee

Last Sold October 15, 2014

Last sale price $240,000 $128 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $3,544/month

8 Days on Market

Highlights

  • Mountain View
  • 2 Car Attached Garage
  • Walk-In Closet
  • Home Office
  • Double Pane Windows
  • Breakfast Bar

About This Home

As of October 2014

This is a regular sale! Beautiful home in NW Reno in Somerset! Features 3 bedrooms, 2.5 bathrooms and an attached 2 car garage! Beautiful kitchen layout with plenty of storage room and stunning counter tops! Home is clean and move in ready!, Buyer and buyer's agent to verify all info on MLS. Seller is an owner of listing company.

Last Agent to Sell the Property

Steve O'Brien

RE/MAX Professionals-Reno License #BS.1000912 Listed on: 08/27/2014

RE/MAX Professionals-Reno

Last Buyer's Agent

Patty Wildes

Ferrari-Lund Real Estate Reno

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,796

Year Built

  • Built in 2005

Lot Details

  • Property fronts a private road
  • Partially Fenced Property
  • Fenced Front Yard
  • Landscaped
  • Front and Back Yard Sprinklers

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 1,882 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Home Office
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Laundry Cabinets

Schools

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

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Patio
  • Ground Level

Community Details

  • $350 HOA Transfer Fee
  • Rmi Asn 626 7333 Association
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 23244501

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,796

Year Built

Built in 2005

Lot Details

0

HOA Fees

$300 per month

Parking

2

Listing Details

  • Year Built: 2005
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Horses: No
  • Lot Features: Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Acres: 0.07
  • Road Frontage Type: Private Road, Other
  • Has View?: Yes
  • Association Amenities: None
  • Association Fees: 300.0
  • Association Fee Frequency: Monthly
  • Has H O A?: Yes
  • Co List Office Mls Id: 1934-o
  • Co List Office Phone: 775-345-3070
  • Directions: Somersett Pkwy/Town Sq Way/ Loan Oak Trl
  • Has Fireplace?: Yes
  • Living Area: 1882.0
  • Property Attached Yn: Yes
  • 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: 1796.18
  • Tax Legal Zoning4: PUD
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 300.0
  • Building Stories5: 2
  • Building Property Attached Y N: Yes
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 0.07
  • Lot Lot Size Square Feet2: 3049.2
  • Lot Horse Y N2: No
  • Association Details Transfer Fee: 350.0
  • Lot View Y N2: 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
  • Outdoor Living Spaces Patio2: Yes
  • View Mountain(s): Yes
  • Appliances Microwave: Yes
  • Fencing Partial2: Yes
  • Water Heater Gas5: Yes
  • Construction Materials Stucco: Yes
  • Fencing Front Yard: Yes
  • Other Rooms Office Den: Yes
  • Road Frontage Type Private Road: Yes
  • Road Responsibility Private Maintained Road: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: RMI ASN 626-7333
  • Association Details Management Company Phone5: 624-9152
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Breakfast Bar, Walk-In Closet(s)
  • Window Features: Double Pane Windows
  • Interior Bathrooms Half: 1
  • Interior Living Area4: 1882.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Fireplace Features Living Room: Yes
  • Interior Features Breakfast Bar: Yes
  • Window Features Double Pane Windows: Yes
  • Living Room Features Separate Formal Room: Yes
  • Kitchen Features Breakfast Bar2: Yes
  • Unit Level Ground Floor: Yes
  • Primary Bedroom Features Double Sinks: Yes
  • Interior Fireplaces Total2: 1.0
  • Primary Bedroom Features Shower Stall: Yes
  • Flooring Ceramic Tile: Yes
  • Laundry Features Cabinets2: Yes
  • Laundry Features Laundry Area: Yes
  • Laundry Features Laundry Room: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Dining Room Features Kitchen Combination: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Kitchen Features Built- In Microwave: Yes
  • Primary Bedroom Features Bathtub: Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Pitched, Shingle
  • Stories: 2
  • View: Mountain(s)
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: 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

Utilities

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

Schools

  • Middle Or Junior School: Billinghurst

Lot Info

  • Parcel Number: 23244501
  • Fencing: Front Yard, Partial
  • Lot Size Sq Ft: 3049.2
  • Zoning: PUD

Tax Info

  • Tax Annual Amount: 1796.18

MLS Schools

  • Elementary School: Westergard
  • HighSchool: Mc Queen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2020
Sold by
Keefe Terry Lynn
Bought by
Gohlich Christopher M
Current Estimated Value
$559,529

Purchase Details

Listed on
Aug 27, 2014
Closed on
Sep 5, 2014
Sold by
Reno Project Management Llc
Bought by
Keefe Terry Lynn
Seller's Agent
Steve O'Brien
RE/MAX Professionals-Reno
Buyer's Agent
Patty Wildes
Ferrari-Lund Real Estate Reno
List Price
$239,900
Sold Price
$240,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.81%

Purchase Details

Closed on
Jun 24, 2014
Sold by
Koestner Paul and Clafton Amy K
Bought by
Reno Project Management Lc

Purchase Details

Closed on
Aug 10, 2005
Sold by
Town Center Residential Llc
Bought by
Koestner Paul and Clafton Amy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,500
Interest Rate
5.48%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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
Gohlich Christopher M $250,000 First Centennial Reno
Keefe Terry Lynn $240,000 Western Title Co
Reno Project Management Lc $198,100 Western Title Co Inc
Koestner Paul $312,500 Ticor Title Of Nevada Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Koestner Paul $65,300
Previous Owner Koestner Paul $249,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2014 10/15/14 Sold $240,000 0.0% $128 / Sq Ft
09/04/2014 09/04/14 Pending -- -- --
08/27/2014 08/27/14 For Sale $239,900 -- $127 / 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 $2,341 $116,232 $38,360 $77,872
2024 $2,341 $111,153 $32,620 $78,533
2023 $2,273 $107,410 $33,250 $74,160
2022 $2,210 $88,389 $26,670 $61,719
2021 $2,145 $83,516 $22,155 $61,361
2020 $2,080 $85,152 $23,695 $61,457
2019 $2,019 $80,306 $21,490 $58,816
2018 $1,960 $74,831 $17,220 $57,611
2017 $1,903 $72,527 $14,945 $57,582
2016 $1,855 $72,090 $13,300 $58,790
2015 $1,850 $71,041 $13,300 $57,741
2014 $1,796 $66,150 $10,990 $55,160
2013 -- $47,517 $7,805 $39,712
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 140011969

Northern Nevada Regional MLS

APN: 232-445-01