NOT LISTED FOR SALE

2395 Painted River Trail Reno, NV 89523

Somersett Neighborhood

Estimated Value: $1,444,000 - $1,914,000

1.17 Acres
$1,439,280 Price per Acre
50,965 Sq Ft Lot

Last Sold May 30, 2017

Last sale price $120,000

Est. 1,303% increase in value since last sale

Current estimated payment $10,318/month

329 Days on Market

About This Lot

As of May 2017

Great views- building site in Somersett. Taxes are on land only.

Last Agent to Sell the Property

Jeff Sallan

Sierra Nevada Properties-Reno License #BS.143168 Listed on: 06/10/2016

Sierra Nevada Properties-Reno

Last Buyer's Agent

Lori Welsh

Dickson Realty - Caughlin License #S.34943

Dickson Realty - Caughlin

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $630

Lot Details

  • 1.17 Acre Lot
  • Property fronts a private road
  • Property fronts an easement
  • Lot Sloped Up
  • Property is zoned PUD

HOA Fees

  • $233 Monthly HOA Fees

Schools

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

Utilities

  • Phone Available
  • Cable TV Available

Additional Features

  • Property Views

Community Details

  • $300 HOA Transfer Fee
  • Somersett Association, Phone Number (775) 624-9152
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 23252202

Property Details

Property Type

Land

Est. Annual Taxes

$630

Lot Details

0

HOA Fees

$233 per month

Listing Details

  • Property Type: Land
  • Horses: No
  • Lot Features: Sloped Up, Curbs
  • Lot Size Acres: 1.17
  • Road Frontage Type: Private Road, Other
  • Road Surface Type: Paved
  • Has View?: Yes
  • Association Fees: 233.0
  • Association Fee Frequency: Monthly
  • Has H O A?: Yes
  • Co List Office Mls Id: 1433-o
  • Co List Office Phone: 775-689-8228
  • Directions: Somersett Pkwy to Painted River
  • Tax Legal Zoning4: PUD
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Water Rights Water Rights Y N: No
  • Lot Features Sloped Up: Yes
  • Road Frontage Type Private Road: Yes
  • Association Details Management Company Name5: Somersett
  • Tax Legal Elementary School2: Westergard
  • Tax Legal High School2: Mc Queen
  • Tax Legal Tax Annual Amount3: 629.52
  • Association Details Management Company Phone5: 775-624-9152
  • Tax Legal Middleor Junior School3: Billinghurst
  • Association Community Association Y N: Yes
  • Lot Lot Size Acres: 1.17
  • Lot View Y N4: Yes
  • Lot Horse Y N4: No
  • Land Details Crops Included Y N: No
  • Land Details Deed Restrictions: Unknown
  • Land Details Utility Easement Y N: Yes
  • Association Details Association Transfer Fee: 300.0
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Sewer: Public Sewer
  • 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
  • Water Source Public: Yes

Schools

  • Middle Or Junior School: Billinghurst

Lot Info

  • Parcel Number: 23252202
  • Fencing: None
  • Lot Size Sq Ft: 50965.2
  • Crops Included: No
  • Zoning: PUD

Tax Info

  • Tax Annual Amount: 629.52

MLS Schools

  • Elementary School: Westergard
  • HighSchool: Mc Queen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2016
Closed on
May 23, 2017
Sold by
Socthout Warren E and Socthout Constance G
Bought by
Moberg Eric C and Moberg Palma L
Seller's Agent
Jeff Sallan
Sierra Nevada Properties-Reno
Buyer's Agent
Lori Welsh
Dickson Realty - Caughlin
List Price
$140,000
Sold Price
$120,000
Premium/Discount to List
-$20,000
-14.29%
Current Estimated Value
$1,683,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,563,958
Avg. Annual Appreciation
37.58%

Purchase Details

Closed on
Sep 6, 2016
Sold by
Soethout Warren E and Soethout Warren
Bought by
Soethout Warren E and Soethout Constance G

Purchase Details

Closed on
Aug 4, 2016
Sold by
Soethout Warren E and Soethout Warren
Bought by
Soethout Warren E and Soethout Constance G

Purchase Details

Closed on
Aug 31, 2007
Sold by
Lamoureux Jamie and Lamoureux Kathy
Bought by
Soethout Warren

Purchase Details

Closed on
Dec 16, 2004
Sold by
Somersett Development Co Ltd
Bought by
Lamoureux Jamie and Lamoureux Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,425
Interest Rate
5.7%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Moberg Eric C $120,000 Ticor Title Reno
Soethout Warren E -- None Available
Soethout Warren E -- None Available
Soethout Warren $281,500 Founders Title Company Of Nv
Lamoureux Jamie $262,000 Stewart Title Of Northern Nv
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moberg Eric C $510,000
Closed Moberg Eric C $544,000
Closed Moberg Eric C $550,000
Closed Moberg Eric C $500,000
Previous Owner Lamoureux Jamie $200,000
Previous Owner Lamoureux Jamie $196,425
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2017 05/30/17 Sold $120,000 -14.3% --
05/05/2017 05/05/17 Pending -- -- --
06/10/2016 06/10/16 For Sale $140,000 -- --
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 $11,774 $435,330 $92,750 $342,580
2024 $11,774 $425,865 $84,000 $341,865
2023 $11,432 $404,804 $83,125 $321,679
2022 $11,099 $336,722 $70,000 $266,722
2021 $10,778 $316,162 $52,500 $263,662
2020 $10,461 $316,953 $54,250 $262,703
2019 $10,150 $313,461 $54,250 $259,211
2018 $675 $48,662 $47,775 $887
2017 $648 $42,876 $42,000 $876
2016 $631 $35,887 $35,000 $887
2015 $630 $25,930 $24,500 $1,430
2014 $610 $16,667 $15,750 $917
2013 -- $18,420 $17,500 $920
Source: Public Records

Agents Affiliated with this Home

  • Jeff Sallan

    Seller's Agent in 2017

    Jeff Sallan

    Sierra Nevada Properties

    (775) 453-4568

    14 in this area

    47 Total Sales

    Jeff Sallan
    Section Image
  • Lori Welsh

    Buyer's Agent in 2017

    Lori Welsh

    Dickson Realty

    (775) 771-6574

    34 in this area

    220 Total Sales

    Lori Welsh
    Section Image
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Map

Source: Northern Nevada Regional MLS

MLS Number: 160009691

Northern Nevada Regional MLS

APN: 232-522-02

Nevada Washoe County Reno 89523 Somersett

2395 Painted River Trail, Reno, NV

This home is located at 2395 Painted River Trail, Reno, NV 89523 since 10 June 2016 and is currently estimated at $1,683,958. 2395 Painted River Trail is a home located in Washoe County with nearby schools including B D Billinghurst Middle School and Robert McQueen High School.

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