NOT LISTED FOR SALE

7761 Shalestone Way Reno, NV 89523

Somersett Neighborhood

Estimated Value: $648,000 - $660,000

4 Beds
4 Baths
2,270 Sq Ft
$288/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $555,000 $244 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,083/month

3 Days on Market

Highlights

  • Wood Flooring
  • Dog Run
  • 4-minute walk to Somersett East Park

About This Home

As of March 2021

One of only a handful of homes in the "Village at Somersett" with the back patio exposing full open, mountain views; this 4 bed, 3.5 bath gated area gem is perfectly situated within walking distance to some of Somersetts best features such as pools, shops/restaurants, tennis courts, kids park and the executive par 3 course. Located on the eastern edge of the Somersett property allows for quick access to all of downtown and amenities. Backyard has built in sprinkler system with reservoir for pet cleaning.

Last Listed By

Douglas Gore

eXp Realty License #S.173459 Listed on: 02/16/2021

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,562

Year Built

  • Built in 2005

Lot Details

  • 3,485 Sq Ft Lot
  • Dog Run
  • Property is zoned PUD

HOA Fees

  • $195 per month

Parking

  • 2 Car Garage

Home Design

  • 2,270 Sq Ft Home
  • Pitched Roof
  • Tile Roof

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 23264102

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,562

Year Built

Built in 2005

Lot Details

0

HOA Fees

$195 per month

Parking

2

Listing Details

  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Cooktop, Microwave, Oven, Refrigerator, Washer
  • Flooring: Carpet, Tile, Vinyl, Wood

Exterior Features

  • Exterior Features: Dog Run
  • Roof: Pitched, Tile
  • Stories: 2
  • View: Mountain(s), Park/Greenbelt, Trees/Woods

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Water Meter Installed
  • Water Source: Public

Lot Info

  • Parcel Number: 23264102
  • Fencing: Back Yard

MLS Schools

  • Elementary School: Westergard
  • HighSchool: Mc Queen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2022
Sold by
Stephen And Nicole Will Living Trust
Bought by
Stephen And Nicole Will Living Trust
Total Days on Market
3
Current Estimated Value
$654,840

Purchase Details

Listed on
Feb 16, 2021
Closed on
Mar 23, 2021
Sold by
Keshavan Deepak Prakash Madabushi and Prasanna Nalini Channapatna
Bought by
Will Stephen Lawrence and Will Nicole
Seller's Agent
Douglas Gore
eXp Realty
Buyer's Agent
Tom Abbott
Engel & Volkers
List Price
$525,000
Sold Price
$555,000
Premium/Discount to List
$30,000
5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.08%
Original Mortgage
$300,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2017
Sold by
Channapatna Madabushi Keshvan Deepak Prakash and Channapatna Prasanna Valini
Bought by
Channapatna Madabushi Keshavan Deepak Prakash and Channapatna Prasanna Nalini

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,915
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 10, 2013
Closed on
Jun 12, 2013
Sold by
Sexton Mark J and Sexton Jenna
Bought by
Madabushi Keshavan Deepak Prakash and Channapatna Nalini
Seller's Agent
Jay-Dee Brehm
Hello Real Estate Center
Buyer's Agent
Monica Gore
Compass
List Price
$310,000
Sold Price
$275,500
Premium/Discount to List
-$34,500
-11.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.59%
Original Mortgage
$261,900
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2011
Sold by
Sexton Mark J
Bought by
Sexton Mark J and Sexton Jenna

Purchase Details

Closed on
Sep 22, 2010
Sold by
Sexton Jenna
Bought by
Sexton Mark J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,200
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2010
Sold by
Wells Fargo Bank Na
Bought by
Sexton Mark J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,200
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2010
Sold by
Breen Gregory M and Breen Christa A
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 11, 2006
Sold by
Town Center Residential Llc
Bought by
Breen Gregory M and Breen Christa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,960
Interest Rate
6.87%
Mortgage Type
Unknown

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
Stephen And Nicole Will Living Trust -- Parke J Robert
Will Stephen Lawrence $555,000 First American Title Reno
Channapatna Madabushi Keshavan Deepak Prakash -- None Available
Madabushi Keshavan Deepak Prakash $275,500 First American Title
Sexton Mark J -- First American Title Reno
Sexton Mark J -- First American Title Reno
Sexton Mark J $196,000 First American Title Reno
Wells Fargo Bank Na $198,000 Pacific Coast Title
Breen Gregory M $539,000 Ticor Title Of Nevada Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Will Stephen Lawrence $300,000
Previous Owner Channapatna Madabushi Keshavan Deepak Prakash $244,915
Previous Owner Madabushi Keshavan Deepak Prakash $261,900
Previous Owner Sexton Mark J $186,200
Previous Owner Breen Gregory M $430,960
Previous Owner Breen Gregory M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $555,000 +5.7% $244 / Sq Ft
02/21/2021 02/21/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $525,000 +90.6% $231 / Sq Ft
07/19/2013 07/19/13 Sold $275,500 -11.1% $121 / Sq Ft
06/11/2013 06/11/13 Pending -- -- --
05/10/2013 05/10/13 For Sale $310,000 -- $137 / 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 $2,884 $139,290 $44,380 $94,910
2024 $2,884 $132,166 $36,505 $95,661
2023 $2,799 $128,280 $37,975 $90,305
2022 $2,719 $107,958 $32,900 $75,058
2021 $2,641 $101,674 $27,090 $74,584
2020 $2,562 $101,727 $27,090 $74,637
2019 $2,439 $96,455 $25,900 $70,555
2018 $2,327 $87,352 $18,305 $69,047
2017 $2,234 $86,129 $17,115 $69,014
2016 $2,177 $86,412 $15,995 $70,417
2015 $2,171 $84,118 $14,770 $69,348
2014 $2,104 $79,727 $13,475 $66,252
2013 -- $55,714 $9,555 $46,159
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 210001828

Northern Nevada Regional MLS

APN: 232-641-02