NOT LISTED FOR SALE

1803 Laurel Ridge Dr Reno, NV 89523

Somersett Neighborhood

Estimated Value: $1,310,000 - $1,668,000

5 Beds
6 Baths
5,782 Sq Ft
$258/Sq Ft Est. Value

Last Sold January 11, 2021

Last sale price $948,000 $164 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $8,887/month

157 Days on Market

Highlights

  • Golf Course Community
  • 0.37 Acre Lot
  • Main Floor Primary Bedroom
  • Fitness Center
  • Clubhouse
  • High Ceiling

About This Home

As of January 2021

$25,000. That's how much the seller will give you as an improvement allowance. Use it for carpet, paint - or just pocket it. This is an incredible buy -- a big, beautiful home for about $160/sf! Upon entering this gracious home, you are greeted by a large living room with vaulted ceilings and an abundance of natural light. The family room features a gas log fireplace and a built-in entertainment center. and the kitchen features double ovens, a breakfast bar, a 6 burner Thermadow range, and a huge pantry., The downstairs master suite has a walk-in closet,.large windows, a master bath with double sinks, a shower stall and a garden tub. There's a big laundry room downstairs, and another one upstairs. Fresh paint and freshly cleaned carpets make this home ready for your family. The motivated seller invites all offers.

Last Agent to Sell the Property

Dave Newman

RE/MAX Professionals-Reno License #S.168847 Listed on: 06/24/2020

RE/MAX Professionals-Reno

Last Buyer's Agent

Megan Hong

LPT Realty, LLC License #S.181791

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,005

Year Built

  • Built in 2006

Lot Details

  • 0.37 Acre Lot
  • Security Fence
  • Back Yard Fenced
  • Landscaped
  • Level Lot
  • Property is zoned PUD

HOA Fees

  • $248 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

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

Interior Spaces

  • 5,782 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Drapes & Rods
  • Blinds
  • Family Room with Fireplace
  • Great Room
  • Home Office
  • Game Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry Cabinets

Schools

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

Utilities

  • Refrigerated Cooling System
  • Central Air
  • Heating Available
  • Gas Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 23258204
  • $2,392 per year additional tax assessments

Community Details

Overview

  • First Service HOA, Phone Number (775) 624-8805
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,005

Year Built

Built in 2006

Lot Details

0

HOA Fees

$248 per month

Parking

3

Listing Details

  • Year Built: 2006
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Landscaped, Level
  • Lot Size Acres: 0.37
  • Road Frontage Type: Other
  • Security Features: Security Fence, Smoke Detector(s)
  • Association Amenities: Fitness Center, Golf Course, Maintenance Grounds, Pool, Clubhouse/Recreation Room
  • Association Fees: 248.0
  • 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 - Evening Rock - Timaru - Laurel Ridge
  • Has Cooling?: Yes
  • Has Fireplace?: Yes
  • Living Area: 5782.0
  • 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: 7004.53
  • Tax Legal Zoning4: PUD
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 248.0
  • Building Stories5: 2
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 0.37
  • Lot Lot Size Square Feet2: 16117.2
  • Lot Horse Y N2: No
  • Fencing Back Yard: Yes
  • Lot Features Landscaped: Yes
  • Cooling Central Air: Yes
  • Cooling Electric: Yes
  • Foundation Details Crawl Space: Yes
  • Lot Features Level: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Cooling Refrigerated: Yes
  • Appliances Disposal: Yes
  • Security Features Smoke Detector(s): Yes
  • Appliances Microwave: Yes
  • Association Amenities Fitness Center: 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
  • Fireplace Features Gas Log: Yes
  • Other Rooms Office Den: Yes
  • Other Rooms Game Room3: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: First Service HOA
  • Appliances Gas Range: Yes
  • Association Amenities Golf Course: Yes
  • Association Details Management Company Phone5: 775-624-8805
  • Appliances Included As Personal Property Gas Oven2: Yes
  • Tax Legal Tax Other Annual Assessment Amount3: 2391.55
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Range, Microwave
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), High Ceilings, Pantry, Primary Downstairs, Walk-In Closet(s)
  • Window Features: Blinds, Double Pane Windows, Drapes, Rods
  • Interior Bathrooms Half: 2
  • Interior Living Area4: 5782.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Interior Features High Ceilings: Yes
  • Interior Features Breakfast Bar: Yes
  • Interior Features Primary Downstairs: Yes
  • Window Features Double Pane Windows: Yes
  • Living Room Features Separate Formal Room: Yes
  • Kitchen Features Breakfast Bar2: Yes
  • Window Features Blinds: Yes
  • Window Features Drapes: Yes
  • Dining Room Features Living Room Combination: 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
  • Window Features Rods: Yes
  • Laundry Features Cabinets2: Yes
  • Laundry Features Laundry Area: Yes
  • Laundry Features Laundry Room: Yes
  • Dining Room Features High Ceilings3: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Primary Bedroom Features Garden Tub: Yes
  • Fireplace Features Family Room: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Family Room Features High Ceilings4: Yes
  • Kitchen Features Built- In Microwave: Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes
  • Interior Features Ceiling Fan(s)2: Yes
  • Living Room Features Ceiling Fan(s)3: Yes
  • Family Room Features Ceiling Fan(s)5: Yes
  • Family Room Features Great Room5: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Pitched, Tile
  • Stories: 2
  • Construction Type: Stucco
  • Foundation Details: Crawl Space
  • Association Amenities Pool: Yes
  • Roof Pitched: Yes
  • Roof Tile3: Yes

Garage/Parking

  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Garage Spaces: 3.0
  • Has Attached Garage?: Yes
  • Parking Features: Attached
  • 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

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: Cabinets, Laundry Area, Laundry Room
  • Cooling: Central Air, Electric, Refrigerated
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Cooling Y N3: Yes
  • Utilities Heating Y N3: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Water Source Public: Yes
  • Heating Electric4: Yes

Schools

  • Middle Or Junior School: Billinghurst

Lot Info

  • Parcel Number: 23258204
  • Fencing: Back Yard
  • Lot Size Sq Ft: 16117.2
  • Zoning: PUD

Tax Info

  • Tax Annual Amount: 7004.53

MLS Schools

  • Elementary School: Westergard
  • HighSchool: Mc Queen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2020
Closed on
Jan 6, 2021
Sold by
Assad Abdollah
Bought by
Qi Jun and Geng Xubo
Seller's Agent
Dave Newman
RE/MAX Professionals-Reno
Buyer's Agent
Megan Hong
LPT Realty, LLC
List Price
$948,000
Sold Price
$948,000
Current Estimated Value
$1,490,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$542,580
Avg. Annual Appreciation
9.81%
Original Mortgage
$510,400
Outstanding Balance
$460,646
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,008,602

Purchase Details

Closed on
Jun 10, 2020
Sold by
Assad Abdollah and Dehbozorgi Assad Ladan
Bought by
Assad Abdollah

Purchase Details

Closed on
Jul 20, 2010
Sold by
Toll Nv Holdings Llc
Bought by
Toll North Reno Llc

Purchase Details

Closed on
Sep 17, 2008
Sold by
Bank Of New York
Bought by
Assad Abdollah and Dehbozorgi Assad Ladan

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
Interest Rate
5.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 14, 2007
Sold by
Ngongoseke Catherine L
Bought by
Bank Of New York and Certificate Holders Cwalt Inc Alternativ

Purchase Details

Closed on
Aug 12, 2007
Sold by
Ngongoseke Catherine L
Bought by
Bank Of New York and Certificate Holders Cwalt Inc Alternativ

Purchase Details

Closed on
Jul 29, 2006
Sold by
Coleman Toll Brothers Inc
Bought by
Ngongoseke Catherine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$781,877
Interest Rate
6.76%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Qi Jun $948,000 First Centennial Reno
Assad Abdollah -- None Available
Toll North Reno Llc -- Ticor Title Reno
Toll Nv Holdings Llc -- Ticor Title Reno
Assad Abdollah $562,000 First American Title Paseo V
Bank Of New York $918,776 First Centennial Title Co
Bank Of New York $918,776 First Centennial Title Co
Ngongoseke Catherine L $977,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qi Jun $510,400
Previous Owner Assad Abdollah $371,389
Previous Owner Assad Abdollah $417,000
Previous Owner Assad Abdollah $417,000
Previous Owner Ngongoseke Catherine L $862,500
Previous Owner Ngongoseke Catherine L $172,500
Previous Owner Ngongoseke Catherine L $781,877
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2021 01/11/21 Sold $948,000 0.0% $164 / Sq Ft
11/28/2020 11/28/20 Pending -- -- --
11/24/2020 11/24/20 For Sale $948,000 0.0% $164 / Sq Ft
10/12/2020 10/12/20 Pending -- -- --
09/29/2020 09/29/20 Price Changed $948,000 -4.0% $164 / Sq Ft
09/24/2020 09/24/20 For Sale $988,000 0.0% $171 / Sq Ft
09/19/2020 09/19/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $988,000 -- $171 / 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 $8,368 $409,148 $76,125 $333,023
2024 $8,368 $407,438 $72,450 $334,988
2023 $8,128 $393,146 $76,300 $316,846
2022 $7,891 $329,729 $66,325 $263,404
2021 $7,663 $311,831 $50,400 $261,431
2020 $7,438 $309,596 $48,020 $261,576
2019 $7,220 $299,676 $47,250 $252,426
2018 $7,005 $278,305 $31,780 $246,525
2017 $6,800 $272,804 $26,460 $246,344
2016 $6,628 $241,502 $28,875 $212,627
2015 $6,623 $217,251 $28,840 $188,411
2014 $6,425 $224,463 $27,860 $196,603
2013 -- $170,238 $24,850 $145,388
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 200008235

Northern Nevada Regional MLS

APN: 232-582-04