NOT LISTED FOR SALE

1617 River Hill Way Unit Homesite 3 Reno, NV 89523

Somersett Neighborhood

Estimated Value: $1,211,000 - $1,362,000

3 Beds
2.5 Baths
2,655 Sq Ft
$479/Sq Ft Est. Value

Last Sold March 09, 2022

Last sale price $1,190,283 $448 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $8,581/month

133 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Clubhouse
  • Spa
  • Golf Course View
  • Great Room

About This Home

As of March 2022

Amazing Somersett Views.**New Construction**Upon entering this single story open floor plan home you will be greeted by incredible open views of Somersett and mountains. Home has 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, Island w/breakfast bar & walk in pantry. Master bedroom has a sliding glass door that leads out to a nice size second covered patio, walk in closets,, dual sinks with a very large walk-in tiled shower. Laundry room right off of the garage and entry 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 10'-12' Ceilings (per plan) 8' Interior Doors, Granite Countertops, Stainless Steel Cooktop w/Micro/Single Oven Combo Appliances, 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 the home with builder options and selections on 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 January 2022. 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: 07/23/2021

Last Buyer's Agent

Laura Vinson

Dickson Realty - Caughlin License #S.183846

Dickson Realty - Caughlin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,779

Year Built

  • Built in 2021

Lot Details

  • 8,276 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

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Property Views

  • Golf Course
  • City
  • Mountain
  • Valley

Home Design

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

Interior Spaces

  • 2,655 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • No Kitchen Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 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
  • 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 23276103

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

  • Fitness Center
  • Community Pool
  • Community Spa

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,779

Year Built

Built in 2021

Lot Details

0

HOA Fees

$488 per month

Parking

3

Listing Details

  • Year Built: 2021
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Landscaped, Level, Sprinklers In Front
  • Lot Size Acres: 0.19
  • Road Frontage Type: Private Road, Other
  • Has View?: Yes
  • Security Features: Security Fence, Smoke Detector(s)
  • Association Amenities: Fitness Center, Gated, Maintenance Grounds, Pool, Spa/Hot Tub, Clubhouse/Recreation Room
  • Association Fees: 244.0
  • 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: 2655.0
  • 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 Zoning4: PUD
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 244.0
  • Building Stories5: 1
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 0.19
  • Lot Lot Size Square Feet2: 8276.4
  • 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 Clubhouse Recreation Room: Yes
  • Security Features Security Fence: Yes
  • Water Heater Gas5: Yes
  • Construction Materials Stucco: Yes
  • Sprinklers Automatic: Yes
  • View Valley: Yes
  • View Golf Course2: 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
  • Association Details Management Company Phone5: 775-624-8805
  • Appliances Included As Personal Property Gas Cooktop2: Yes
  • Appliances Included As Personal Property Oven2: Yes
  • Appliances None2: Yes
  • Construction Materials Batts Insulation: Yes
  • Insulation Details Batts Insulation2: Yes
  • Insulation Details Blown- In Insulation2: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Cooktop, Microwave, Oven, None
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Breakfast Bar, 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: 2655.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: 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
  • 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
  • Kitchen Features Built- In Single Oven: Yes
  • Interior Features Smart Thermostat: 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: 1
  • View: City, Golf Course, Mountain(s), Valley
  • 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: 23276103
  • Fencing: Back Yard
  • Lot Size Sq Ft: 8276.4
  • Zoning: PUD

MLS Schools

  • Elementary School: Westergard
  • HighSchool: Mc Queen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Feb 23, 2022
Sold by
First Roundabout Llc
Bought by
Jones Gabriel and Jones Katherine
Seller's Agent
Valorie Holcomb
Pacific Wind Realty
Buyer's Agent
Laura Vinson
Dickson Realty - Caughlin
List Price
$1,117,857
Sold Price
$1,190,283
Premium/Discount to List
$72,426
6.48%
Current Estimated Value
$1,298,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,425
Avg. Annual Appreciation
2.51%
Original Mortgage
$1,000,000
Outstanding Balance
$942,621
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$352,924
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
Jones Gabriel $1,190,500 Stewart Title Commercial Servi
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Gabriel $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2022 03/09/22 Sold $1,190,283 +5.3% $448 / Sq Ft
12/03/2021 12/03/21 Pending -- -- --
11/18/2021 11/18/21 Price Changed $1,130,637 +1.1% $426 / Sq Ft
10/12/2021 10/12/21 For Sale $1,117,857 0.0% $421 / Sq Ft
10/12/2021 10/12/21 Price Changed $1,117,857 +2.7% $421 / Sq Ft
09/08/2021 09/08/21 Pending -- -- --
09/05/2021 09/05/21 Price Changed $1,088,682 +1.3% $410 / Sq Ft
08/15/2021 08/15/21 Price Changed $1,074,210 +1.4% $405 / Sq Ft
07/23/2021 07/23/21 For Sale $1,059,210 -- $399 / 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 $11,779 $357,496 $117,040 $240,456
2024 $11,438 $338,396 $98,224 $240,172
2023 $11,438 $371,593 $105,280 $266,313
2022 $11,101 $315,568 $94,416 $221,152
2021 $2,810 $76,720 $76,720 $0
Source: Public Records

Agents Affiliated with this Home

  • Valorie Holcomb

    Seller's Agent in 2022

    Valorie Holcomb

    Pacific Wind Realty

    (702) 769-2400

    20 in this area

    29 Total Sales

    Section Image
  • Laura Vinson

    Buyer's Agent in 2022

    Laura Vinson

    Dickson Realty

    (775) 848-1585

    1 in this area

    34 Total Sales

    Section Image
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Map

Source: Northern Nevada Regional MLS

MLS Number: 210010744

Northern Nevada Regional MLS

APN: 232-761-03

Nevada Washoe County Reno 89523 Somersett

1617 River Hill Way Unit Homesite 3, Reno, NV

This home is located at 1617 River Hill Way Unit Homesite 3, Reno, NV 89523 since 23 July 2021 and is currently estimated at $1,272,478, approximately $479 per square foot. This property was built in 2021. 1617 River Hill Way Unit Homesite 3 is a home located in Washoe County with nearby schools including B D Billinghurst Middle School, Robert McQueen High School, and Riverview Christian Academy.

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