NOT LISTED FOR SALE

1740 Laurel Ridge Ct Reno, NV 89523

Somersett Neighborhood

Estimated Value: $338,000 - $1,319,000

5 Beds
4.5 Baths
3,928 Sq Ft
$267/Sq Ft Est. Value

Last Sold April 18, 2013

Last sale price $545,000 $139 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $6,290/month

148 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Clubhouse
  • Fitness Center
  • Golf Course View
  • Wood Flooring

About This Home

As of April 2013

Cul-de-sac lot in gated area with incredible mountain views. 5 bedroom, 4 1/2 bath plus office. Great room with fireplace opens to gourmet kitchen. Huge master suite with luxury bath, double sinks and customized walk-in closet. Formal living and dining rooms. Finishes include, granite counters in kitchen and master bath, beech wood cabinetry, hardwood floors, custom paint, stainless steel appliances. Large and private backyard. Beautiful views and landscaping incl. extensive use of pavers. Dog run on side., Storage has been added over garage (ladder access). Northeast facing for great morning sun and minimized wind. Somersett assessment is paid in full.

Last Agent to Sell the Property

DENNIS MULLOY

Dennis Mulloy Realty License #B.1002479 Listed on: 10/13/2012

Last Buyer's Agent

Heather Sallan

Dickson Realty - Caughlin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,155

Year Built

  • Built in 2008

Lot Details

  • 0.28 Acre Lot
  • Property fronts a private road
  • Dog Run
  • Property is Fully Fenced
  • Landscaped
  • Level Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Property is zoned PUD

HOA Fees

  • $236 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Property Views

  • Golf Course
  • Woods
  • Mountain
  • Park or Greenbelt

Home Design

  • Pitched Roof
  • Tile Roof
  • Stick Built Home
  • Stucco

Interior Spaces

  • 3,928 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Rods
  • Family Room with Fireplace
  • Great Room
  • Separate Formal Living Room
  • Home Office
  • Crawl Space
  • Laundry Room

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Dual Sinks
  • Jetted Tub in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 23262327

Community Details

Overview

  • $450 HOA Transfer Fee
  • Rmi Somersett Association
  • The community has rules related to covenants, conditions, and restrictions
  • Greenbelt

Amenities

  • Sauna
  • Clubhouse

Recreation

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

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,155

Year Built

Built in 2008

Lot Details

0

HOA Fees

$236 per month

Parking

3

Listing Details

  • Year Built: 2008
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Greenbelt, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Acres: 0.28
  • Road Frontage Type: Private Road
  • Has View?: Yes
  • Security Features: Security System Owned, Smoke Detector(s)
  • Association Amenities: Fitness Center, Gated, Golf Course, Pool, Sauna, Tennis Court(s), Clubhouse/Recreation Room
  • Association Fees: 236.0
  • Association Fee Frequency: Monthly
  • Has H O A?: Yes
  • Co List Office Mls Id: 1930-o
  • Co List Office Phone: 530-448-1270
  • Directions: 4th roundabout, Evening Rock,Timaru, Lt Laurel Rdg
  • Has Cooling?: Yes
  • Has Fireplace?: Yes
  • Living Area: 3928.0
  • 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: 4155.0
  • Tax Legal Zoning4: PUD
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 236.0
  • Building Stories5: 2
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 0.28
  • Lot Lot Size Square Feet2: 12196.8
  • Lot Horse Y N2: No
  • Association Details Transfer Fee: 450.0
  • Lot View Y N2: Yes
  • Lot Features Landscaped: Yes
  • Cooling Electric: Yes
  • Foundation Details Crawl Space: Yes
  • Lot Features Level: Yes
  • Lot Features Sprinklers In Front: Yes
  • Lot Features Sprinklers In Rear: 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
  • Fencing Full2: 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 Tennis Court(s): Yes
  • Association Amenities Clubhouse Recreation Room: Yes
  • Water Heater Gas5: Yes
  • Construction Materials Stucco: Yes
  • Sprinklers Automatic: Yes
  • Security Features Security System Owned: Yes
  • Appliances Trash Compactor: Yes
  • View Golf Course2: Yes
  • Other Rooms Office Den: Yes
  • View Trees Woods: Yes
  • Lot Features Greenbelt: Yes
  • View Park Greenbelt: Yes
  • Road Frontage Type Private Road: Yes
  • Association Amenities Sauna: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: RMI - Somersett
  • Association Amenities Golf Course: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Trash Compactor
  • Flooring: Carpet, Ceramic Tile, Wood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Interior Amenities: Ceiling Fan(s), Kitchen Island, Walk-In Closet(s)
  • Window Features: Blinds, Double Pane Windows, Rods
  • Interior Bathrooms Half: 1
  • Interior Living Area4: 3928.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Window Features Double Pane Windows: Yes
  • Living Room Features Separate Formal Room: Yes
  • Dining Room Features Separate Formal Room2: Yes
  • Window Features Blinds: Yes
  • Primary Bedroom Features Double Sinks: Yes
  • Interior Fireplaces Total2: 1.0
  • Primary Bedroom Features Shower Stall: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Wood: Yes
  • Window Features Rods: Yes
  • Laundry Features Laundry Area: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Fireplace Features Family Room: Yes
  • Interior Features Kitchen Island: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Kitchen Features Built- In Microwave: Yes
  • Kitchen Features Kitchen Island2: Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes
  • Interior Features Ceiling Fan(s)2: Yes
  • Family Room Features Ceiling Fan(s)5: Yes
  • Kitchen Features Trash Compactor2: Yes
  • Primary Bedroom Features Jetted Tub: Yes
  • Family Room Features Great Room5: Yes
  • Other Rooms Bedroom Office Main Floor: Yes

Exterior Features

  • Exterior Features: Dog Run
  • Roof: Pitched, Tile
  • Stories: 2
  • View: Golf Course, Mountain(s), Park/Greenbelt, Trees/Woods
  • Construction Type: Stucco
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Patio
  • Association Amenities Pool: Yes
  • Roof Pitched: Yes
  • Roof Tile3: Yes
  • Exterior Features Dog Run: 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: Electricity Available, Natural Gas Available
  • Laundry Features: Laundry Area
  • Cooling: Electric
  • Heating: Electric, Forced Air, Natural Gas
  • Heating Yn: Yes
  • Utilities Cooling Y N3: Yes
  • Utilities Heating Y N3: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Heating Forced Air: Yes
  • Heating Natural Gas: Yes
  • Heating Electric4: Yes

Schools

  • Middle Or Junior School: Billinghurst

Lot Info

  • Parcel Number: 23262327
  • Fencing: Full
  • Lot Size Sq Ft: 12196.8
  • Zoning: PUD

Tax Info

  • Tax Annual Amount: 4155.0

MLS Schools

  • Elementary School: Westergard
  • HighSchool: Mc Queen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2012
Closed on
Apr 18, 2013
Sold by
Furumoto Gary T and Furumoto Laura
Bought by
Furumoto Gary and The Gary Furumoto Trust
Seller's Agent
DENNIS MULLOY
Dennis Mulloy Realty
Buyer's Agent
Heather Sallan
Dickson Realty - Caughlin
List Price
$575,000
Sold Price
$545,000
Premium/Discount to List
-$30,000
-5.22%
Current Estimated Value
$1,047,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$502,256
Avg. Annual Appreciation
5.37%
Original Mortgage
$417,000
Outstanding Balance
$294,878
Interest Rate
3.51%
Mortgage Type
New Conventional
Estimated Equity
$752,378

Purchase Details

Listed on
Oct 13, 2012
Closed on
Apr 10, 2013
Sold by
Mulloy Hobson David John and Mulloy Hobson Molly
Bought by
Furumoto Gary T and Furumoto Laura
Seller's Agent
DENNIS MULLOY
Dennis Mulloy Realty
Buyer's Agent
Heather Sallan
Dickson Realty - Caughlin
List Price
$575,000
Sold Price
$545,000
Premium/Discount to List
-$30,000
-5.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$294,878
Interest Rate
3.51%
Mortgage Type
New Conventional
Estimated Equity
$752,378

Purchase Details

Listed on
Oct 13, 2012
Closed on
Mar 29, 2013
Sold by
Furumoto Gary
Bought by
Furumoto Laura
Seller's Agent
DENNIS MULLOY
Dennis Mulloy Realty
Buyer's Agent
Heather Sallan
Dickson Realty - Caughlin
List Price
$575,000
Sold Price
$545,000
Premium/Discount to List
-$30,000
-5.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$294,878
Interest Rate
3.51%
Mortgage Type
New Conventional
Estimated Equity
$752,378

Purchase Details

Closed on
Jun 27, 2011
Sold by
Mulloy Molly
Bought by
Mulloy Hobson David John and Mulloy Hobson Molly

Purchase Details

Closed on
Sep 30, 2010
Sold by
Mulloy Molly
Bought by
Mulloy Hobson David John and Mulloy Hobson Molly

Purchase Details

Closed on
Feb 1, 2010
Sold by
Jpo Inc
Bought by
Mulloy Molly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2009
Sold by
The Ledges Llc
Bought by
Jpo Inc

Purchase Details

Closed on
Jun 6, 2007
Sold by
Pmg Land Investors Llc
Bought by
The Ledges Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
6.14%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 29, 2005
Sold by
Pmg Golf Communities Llc
Bought by
Pmg Land Investors Llc
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
Furumoto Gary -- None Available
Furumoto Gary T $545,000 None Available
Furumoto Laura -- None Available
Mulloy Hobson David John -- None Available
Mulloy Hobson David John -- None Available
Mulloy Molly L $460,000 Ticor Title Reno
Jpo Inc $1,960,000 Fidelity National Title Insu
The Ledges Llc $4,500,000 Ticor Title Of Nevada Inc
Pmg Land Investors Llc -- Ticor Title Of Nevada Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Furumoto Laura $417,000
Previous Owner Mulloy Molly L $322,000
Previous Owner The Ledges Llc $2,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2013 04/18/13 Sold $545,000 -5.2% $139 / Sq Ft
03/09/2013 03/09/13 Pending -- -- --
10/12/2012 10/12/12 For Sale $575,000 -- $146 / 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 $5,752 $258,875 $66,932 $191,942
2024 $5,752 $253,334 $60,848 $192,487
2023 $5,586 $253,472 $71,488 $181,984
2022 $5,414 $213,573 $62,178 $151,395
2021 $5,256 $197,986 $47,880 $150,106
2020 $5,101 $199,930 $50,873 $149,057
2019 $4,952 $182,366 $39,135 $143,231
2018 $4,808 $173,806 $34,381 $139,425
2017 $4,668 $173,602 $34,381 $139,221
2016 $4,550 $173,027 $31,155 $141,872
2015 $4,549 $171,145 $29,360 $141,785
2014 $4,408 $165,102 $29,160 $135,942
2013 -- $147,562 $20,948 $126,614
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 120012432

Northern Nevada Regional MLS

APN: 232-623-27