Seller's Agent in 2023
David Hughes
Dickson Realty
(775) 771-1783
86 in this area
159 Total Sales
1851 Laurel Ridge Dr Reno, NV 89523
Somersett NeighborhoodEstimated Value: $1,498,450 - $1,604,000
5
Beds
6
Baths
5,782
Sq Ft
$272/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Spa
- Gated Community
- Fitness Center
- Two Primary Bedrooms
- Mountain View
About This Home
As of October 2023This home has been highly upgraded and features a popular floor plan with 5 bedrooms, 4 full and 2 half baths, and two laundry rooms. The main level living area includes a master suite, as well as two additional en suite bedrooms, an office, living family room, dining room, and kitchen. Upstairs, you will find a large loft that could be used as a gym or playroom, library area and a dedicated movie theater along with 2 additional bedrooms with a Jack and Jill bath. Open house Sat 8-23 from 11-3, Perfect for a large family! This home boasts over 5,700 square feet of living space and has recently undergone significant updates, including new solid maple hardwood flooring, new carpet, and fresh paint throughout. The interior is spacious and modern, offering plenty of room for entertaining and relaxing. With its prime location, beautiful updates, and ample square footage, this home is perfect for those seeking a luxurious lifestyle in one of Reno's most desirable neighborhoods. Other features include granite counters, a walk-in pantry, and GE Monogram appliances. The home has a lovely courtyard entry and a large back patio that is protected from the wind and accessible from the family room, living room, and master suite. The mature landscaping adds to the overall beauty of the property. This home is perfect for those seeking a luxurious and spacious living space in a desirable location. For those looking for multi generational living, this home is perfect with separate living quarters.
Last Agent to Sell the Property
Dickson Realty - Caughlin License #S.15142 Listed on: 03/03/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,004
Year Built
- Built in 2005
Lot Details
- 0.31 Acre Lot
- Property fronts a private road
- Security Fence
- Back Yard Fenced
- Landscaped
- Level Lot
- Front and Back Yard Sprinklers
- Sprinklers on Timer
- Property is zoned Pd
HOA Fees
- $250 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Garage Door Opener
Home Design
- Pitched Roof
- Tile Roof
- Stick Built Home
- Stucco
- Stone
Interior Spaces
- 5,782 Sq Ft Home
- 2-Story Property
- High Ceiling
- Gas Log Fireplace
- Double Pane Windows
- Vinyl Clad Windows
- Drapes & Rods
- Blinds
- Entrance Foyer
- Family Room with Fireplace
- Separate Formal Living Room
- Open Floorplan
- Home Office
- Loft
- Bonus Room
- Game Room
- Mountain Views
- Crawl Space
Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Double Oven
- Electric Oven
- Gas Cooktop
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Double Master Bedroom
- Walk-In Closet
- Dual Sinks
- Jetted Tub in Primary Bathroom
- Primary Bathroom includes a Walk-In Shower
Laundry
- Laundry Room
- Dryer
- Washer
- Sink Near Laundry
- Laundry Cabinets
Home Security
- Smart Thermostat
- Fire and Smoke Detector
Outdoor Features
- Spa
- Patio
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
- Centralized Data Panel
- Phone Available
- Cable TV Available
Listing and Financial Details
- Home warranty included in the sale of the property
- Assessor Parcel Number 23257311
Community Details
Overview
- Association fees include snow removal
- $1,275 HOA Transfer Fee
- Taylor Management Association
- Maintained Community
- The community has rules related to covenants, conditions, and restrictions
Amenities
- Sauna
- Clubhouse
Recreation
- Golf Course Community
- Tennis Courts
- Fitness Center
- Community Pool
- Community Spa
- Snow Removal
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 3, 2023
Closed on
Oct 13, 2023
Sold by
Kester Family Trust
Bought by
Odonnell Shane M and Odonnell Rebecca
Seller's Agent
David Hughes
Dickson Realty - Caughlin
Buyer's Agent
Marcella Lucke
Realty One Group Eminence
List Price
$1,200,000
Sold Price
$1,175,000
Premium/Discount to List
-$25,000
-2.08%
Views
11249
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,822
Avg. Annual Appreciation
13.65%
Original Mortgage
$475,000
Outstanding Balance
$465,619
Interest Rate
7.57%
Estimated Equity
$1,105,494
Purchase Details
Listed on
Jun 28, 2019
Closed on
Jun 17, 2020
Sold by
Olson James and Olson Sherry
Bought by
Kester Raymond and Kester Jennifer
Seller's Agent
Laurie Pattison
Dickson Realty - Caughlin
Buyer's Agent
David Hughes
Dickson Realty - Caughlin
List Price
$995,000
Sold Price
$880,000
Premium/Discount to List
-$115,000
-11.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.07%
Original Mortgage
$555,000
Interest Rate
3.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 7, 2005
Sold by
Coleman Toll Lp
Bought by
Olson James and Olson Sherry
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,250
Interest Rate
6.16%
Mortgage Type
Negative Amortization
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Odonnell Shane M | $1,175,000 | First Centennial Title | |
| Kester Raymond | $880,000 | First Centennial Ttl Co Of N | |
| Olson James | $825,500 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Odonnell Shane M | $475,000 | |
| Previous Owner | Kester Raymond | $555,000 | |
| Previous Owner | Olson James | $660,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/19/2023 10/19/23 | Sold | $1,175,000 | -2.1% | $203 / Sq Ft | |
| 09/01/2023 09/01/23 | Pending | -- | -- | -- | |
| 08/11/2023 08/11/23 | Price Changed | $1,200,000 | 0.0% | $208 / Sq Ft | |
| 08/11/2023 08/11/23 | For Sale | $1,200,000 | -4.0% | $208 / Sq Ft | |
| 08/07/2023 08/07/23 | Pending | -- | -- | -- | |
| 06/01/2023 06/01/23 | Price Changed | $1,250,000 | -3.1% | $216 / Sq Ft | |
| 03/10/2023 03/10/23 | For Sale | $1,290,000 | 0.0% | $223 / Sq Ft | |
| 03/04/2023 03/04/23 | Pending | -- | -- | -- | |
| 03/02/2023 03/02/23 | For Sale | $1,290,000 | +46.6% | $223 / Sq Ft | |
| 06/19/2020 06/19/20 | Sold | $880,000 | -6.9% | $152 / Sq Ft | View Prior Sale |
| 06/11/2020 06/11/20 | Pending | -- | -- | -- | |
| 06/11/2020 06/11/20 | Price Changed | $945,000 | 0.0% | $163 / Sq Ft | |
| 03/04/2020 03/04/20 | Pending | -- | -- | -- | |
| 09/12/2019 09/12/19 | Price Changed | $945,000 | -5.0% | $163 / Sq Ft | |
| 06/28/2019 06/28/19 | For Sale | $995,000 | -- | $172 / Sq Ft |
Source: Northern Nevada Regional MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2026 | $6,550 | $404,496 | $83,475 | $321,021 |
| 2024 | $8,488 | $400,677 | $72,450 | $328,227 |
| 2023 | $8,243 | $386,865 | $76,300 | $310,565 |
| 2022 | $8,004 | $324,616 | $66,325 | $258,291 |
| 2021 | $7,770 | $306,857 | $50,400 | $256,457 |
| 2020 | $7,691 | $304,673 | $48,020 | $256,653 |
| 2019 | $7,325 | $295,032 | $47,250 | $247,782 |
| 2018 | $6,990 | $273,854 | $31,780 | $242,074 |
| 2017 | $6,708 | $268,446 | $26,460 | $241,986 |
| 2016 | $6,538 | $237,832 | $28,875 | $208,957 |
| 2015 | $6,525 | $213,998 | $28,840 | $185,158 |
| 2014 | $6,323 | $220,658 | $27,860 | $192,798 |
| 2013 | -- | $167,471 | $24,850 | $142,621 |
Source: Public Records
Agents Affiliated with this Home
-
David Hughes
-
Marcella Lucke
Buyer's Agent in 2023
Marcella Lucke
Realty One Group Eminence
(541) 602-2232
5 in this area
21 Total Sales
-
L
Seller's Agent in 2020
Laurie Pattison
Dickson Realty
-
Carol Bond
Seller Co-Listing Agent in 2020
Carol Bond
Dickson Realty
(775) 690-1870
106 Total Sales
Map
Source: Northern Nevada Regional MLS
MLS Number: 230001800
APN: 232-573-11
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