NOT LISTED FOR SALE

7875 Morgan Pointe Cir Reno, NV 89523

Somersett Neighborhood

Estimated Value: $611,000 - $626,903

3 Beds
2 Baths
1,676 Sq Ft
$370/Sq Ft Est. Value

Last Sold May 02, 2024

Last sale price $599,000 $357 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,923/month

278 Days on Market

About This Home

As of May 2024

Beautiful Landscaped Home, w/Stucco & Lifetime Tile Roof. Over $75K of Upgrades, all High-End S.S. Kitchen Appliances, Granite Countertops, Designer Lighting, Custom Paver Driveway, Entry & Rear Patio Pavers, Hardwood Flooring, commercial Video CCTV Security System, Somersett Master Planned Community, w/numerous amenities, & Community Activities for adults & kids, great schools, close to downtown Reno, Sparks, UNR. Home is close to perfect, make offer today, Best SFR Deal in Somersett. Motivated Seller...!, Seller will consider all Offers. Furniture available sold separately if desirable, make separate offer outside escrow. Seller is Related to the Listing Agent.

Last Listed By

Edward Lord

Fathom Realty License #BS.36344 Listed on: 07/01/2023

Fathom Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,407

Year Built

  • Built in 2002

Lot Details

  • 6,098

HOA Fees

  • $204 per month

Parking

  • 2

Home Design

  • Pitched Roof
  • Tile Roof

Kitchen

  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Schools

  • Westergard Elementary School
  • Mc Queen High School

Utilities

  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 23207110

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,407

Year Built

Built in 2002

Lot Details

0

HOA Fees

$204 per month

Parking

2

Listing Details

  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, ENERGY STAR Qualified Appliances, Gas Range, Microwave, Refrigerator, Washer
  • Flooring: Carpet, Ceramic Tile, Wood

Exterior Features

  • Exterior Features: Entry Flat or Ramped Access
  • Roof: Pitched, Tile
  • Stories: 1
  • View: Mountain(s)

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Available, Phone Available, Sewer Available, Water Available, Cellular Coverage, Water Meter Installed
  • Water Source: Public

Lot Info

  • Parcel Number: 23207110
  • Fencing: Back Yard

MLS Schools

  • Elementary School: Westergard
  • HighSchool: Mc Queen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2023
Closed on
Apr 20, 2024
Sold by
Dwyer Timothy Lord
Bought by
Linkey Christopher M
Seller's Agent
Edward Lord
Fathom Realty
Buyer's Agent
Brianne Madrid
RE/MAX Professionals-Reno
List Price
$605,000
Sold Price
$599,000
Premium/Discount to List
-$6,000
-0.99%
Total Days on Market
278
Views
1017
Current Estimated Value
$619,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,476
Avg. Annual Appreciation
3.25%
Original Mortgage
$581,030
Outstanding Balance
$575,499
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$43,977

Purchase Details

Closed on
Feb 27, 2024
Sold by
Mary Anne Lord-Ferrari Revocable Trust
Bought by
Dwyer Timothy Lord

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,030
Outstanding Balance
$575,499
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$43,977

Purchase Details

Closed on
Feb 24, 2009
Sold by
Reid Elizabeth J
Bought by
Lord Ferrari Mary Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,834
Interest Rate
5.08%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 1, 2008
Sold by
Reid Elizabeth J
Bought by
Reid Elizabeth J and Thomas & Elizabeth Reid Revocable Trust

Purchase Details

Closed on
Nov 11, 2004
Sold by
Stearley James R
Bought by
Reid Elizabeth J and Thomas & Elizabeth Reid Revocable Trust

Purchase Details

Closed on
Apr 18, 2003
Sold by
Morgan Pointe Llc
Bought by
Stearley James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,800
Interest Rate
5.54%

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
Linkey Christopher M $599,000 First Centennial Title
Dwyer Timothy Lord -- None Listed On Document
Lord Ferrari Mary Anne $230,000 First Centennial Reno
Reid Elizabeth J -- None Available
Reid Elizabeth J $365,000 Ticor Title Of Nevada Inc
Stearley James R $255,594 Stewart Title Of Northern Nv
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Linkey Christopher M $581,030
Previous Owner Lord Ferrari Mary Anne $347,000
Previous Owner Lord Ferrari Mary Anne $35,000
Previous Owner Lord Ferrari Mary Anne $272,000
Previous Owner Ferrari Mary Lord $257,000
Previous Owner Lord Ferrari Mary Anne $227,000
Previous Owner Lord Ferrari Mary Anne $225,834
Previous Owner Stearley James R $212,000
Previous Owner Stearley James R $39,700
Previous Owner Stearley James R $242,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2024 05/02/24 Sold $599,000 0.0% $357 / Sq Ft
04/03/2024 04/03/24 Pending -- -- --
02/15/2024 02/15/24 Price Changed $599,000 -1.0% $357 / Sq Ft
01/06/2024 01/06/24 For Sale $605,000 0.0% $361 / Sq Ft
12/26/2023 12/26/23 Pending -- -- --
11/24/2023 11/24/23 Price Changed $605,000 -0.2% $361 / Sq Ft
11/20/2023 11/20/23 Price Changed $606,000 -0.2% $362 / Sq Ft
11/11/2023 11/11/23 Price Changed $607,000 -0.2% $362 / Sq Ft
11/07/2023 11/07/23 Price Changed $608,000 -0.2% $363 / Sq Ft
10/30/2023 10/30/23 Price Changed $609,000 -0.2% $363 / Sq Ft
09/25/2023 09/25/23 Price Changed $610,000 -0.8% $364 / Sq Ft
09/16/2023 09/16/23 Price Changed $615,000 -0.8% $367 / Sq Ft
09/12/2023 09/12/23 Price Changed $620,000 -0.8% $370 / Sq Ft
08/02/2023 08/02/23 Price Changed $625,000 -0.8% $373 / Sq Ft
07/29/2023 07/29/23 Price Changed $630,000 -0.8% $376 / Sq Ft
06/30/2023 06/30/23 For Sale $635,000 -- $379 / 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 $3,407 $141,196 $53,765 $87,431
2024 $3,407 $131,865 $43,757 $88,108
2023 $3,156 $128,984 $45,619 $83,365
2022 $3,064 $109,324 $39,767 $69,557
2021 $2,975 $99,027 $29,859 $69,168
2020 $2,888 $99,144 $29,859 $69,285
2019 $2,805 $92,482 $25,603 $66,879
2018 $2,722 $86,322 $20,981 $65,341
2017 $2,618 $85,626 $20,981 $64,645
2016 $2,552 $87,047 $20,981 $66,066
2015 $2,545 $88,187 $21,679 $66,508
2014 $2,472 $80,086 $16,160 $63,926
2013 -- $65,874 $12,801 $53,073
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 230007300

Northern Nevada Regional MLS

APN: 232-071-10