Seller's Agent in 2020
Jennifer Jory
Haute Properties NV
(775) 224-8252
13 in this area
70 Total Sales
2505 Painted River Trail Reno, NV 89523
Somersett NeighborhoodEstimated Value: $356,000 - $439,344
1.32
Acres
$300,339
Price per Acre
57,499
Sq Ft Lot
About This Lot
As of March 2020For the most discerning! The finest lot in Somersett sitting high up on it's own butte in the most exclusive gated section of Somersett. 360 degree mountain views, flat lot sitting on over one and a quarter acres! Any size home will fit with plenty of room for guest parking, an RV garage, a guest home... the choices are endless! This lot previously sold for $458,000! Lot financing and construction loans available- See documents tab or call listing agent for details., Living in Somersett truly offers the life of luxury as the Club at Town Center is one of Reno’s award-winning master-planned golf communities. The 24,000-square-foot, 9-million-dollar facility is the showpiece of Somersett; offering a resident amenity program, which also includes the Canyon Nine par-3 golf course, 27 miles of hiking and biking trails, state of the art fitness, multiple pools, massage, restaurants including poolside bar and upscale fine dining all within this exclusive master planned community! Call today for a tour! Multiple floor plans/blueprints are available for this lot and can be included in the purchase!
Last Agent to Sell the Property
Haute Properties NV License #B.1001697 Listed on: 08/21/2019
Co-Listed By
Michael Jory
Haute Properties NV License #S.172757
Property Details
Property Type
- Land
Est. Annual Taxes
- $640
Lot Details
- 1.32 Acre Lot
- Property fronts a private road
- Level Lot
- Open Lot
- Corners Of The Lot Have Been Marked
- Rough Grade
- Property is zoned PUD
HOA Fees
- $235 Monthly HOA Fees
Schools
- Westergard Elementary School
- Billinghurst Middle School
- Mc Queen High School
Community Details
- $200 HOA Transfer Fee
- $200 Other Monthly Fees
- First Service Residential Association, Phone Number (775) 624-8805
- The community has rules related to covenants, conditions, and restrictions
Listing and Financial Details
- Assessor Parcel Number 23253111
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 21, 2019
Closed on
Mar 17, 2020
Sold by
M Frank Investments Llc
Bought by
Clark Michael Scott and Clark Amie Ann
Seller's Agent
Jennifer Jory
Haute Properties NV
Buyer's Agent
Jennifer Jory
Haute Properties NV
List Price
$379,000
Sold Price
$300,000
Premium/Discount to List
-$79,000
-20.84%
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
$96,448
Avg. Annual Appreciation
6.52%
Purchase Details
Closed on
Apr 8, 2016
Sold by
Wild Iris Llc
Bought by
M Frank Investments Llc
Purchase Details
Closed on
Nov 4, 2015
Sold by
Summit Canyon Resources Llc
Bought by
Wild Iris Llc
Purchase Details
Closed on
Nov 2, 2015
Sold by
Turner Nancy A
Bought by
Wild Iris Llc
Purchase Details
Closed on
May 16, 2005
Sold by
Somersett Development Co Ltd
Bought by
Joensen Daniel E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,125
Interest Rate
6.02%
Mortgage Type
Credit Line Revolving
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 |
|---|---|---|---|
| Clark Michael Scott | $300,000 | Western Title Company | |
| M Frank Investments Llc | $184,000 | None Available | |
| Wild Iris Llc | -- | None Available | |
| Wild Iris Llc | -- | None Available | |
| Joensen Daniel E | $437,500 | Ticor Title Of Nevada Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Joensen Daniel E | $328,125 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/18/2020 03/18/20 | Sold | $300,000 | -20.8% | -- |
| 02/05/2020 02/05/20 | Pending | -- | -- | -- |
| 08/20/2019 08/20/19 | For Sale | $379,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $903 | $84,521 | $83,475 | $1,046 |
| 2024 | $903 | $76,717 | $75,600 | $1,117 |
| 2023 | $836 | $75,802 | $74,813 | $990 |
| 2022 | $774 | $63,805 | $63,000 | $805 |
| 2021 | $717 | $48,082 | $47,250 | $832 |
| 2020 | $672 | $49,676 | $48,825 | $851 |
| 2019 | $640 | $49,664 | $48,825 | $839 |
| 2018 | $611 | $41,837 | $40,950 | $887 |
| 2017 | $587 | $38,676 | $37,800 | $876 |
| 2016 | $572 | $32,387 | $31,500 | $887 |
| 2015 | $570 | $23,480 | $22,050 | $1,430 |
| 2014 | $552 | $15,092 | $14,175 | $917 |
| 2013 | -- | $16,670 | $15,750 | $920 |
Source: Public Records
Agents Affiliated with this Home
-
Jennifer Jory
-
M
Seller Co-Listing Agent in 2020
Michael Jory
Haute Properties NV
Map
Source: Northern Nevada Regional MLS
MLS Number: 190013073
APN: 232-531-11
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