NOT LISTED FOR SALE

8315 Twin Rock Trail Reno, NV 89523

Somersett Neighborhood

Estimated Value: $173,590 - $291,000

0.69 Acre
$326,301 Price per Acre
30,056 Sq Ft Lot

Last Sold June 03, 2022

Last sale price $175,000

Est. 29% increase in value since last sale

Current estimated payment $1,521/month

302 Days on Market

Highlights

  • 0.69 Acre Lot
  • Mountain View
  • Cul-De-Sac

About This Lot

As of June 2022

Gorgeous mountain and city light views from this nearly 3/4 of an acre custom homesite located in gated Champion Hills within Somersett. Situated on a cul-de-sac with a gentle upslope this homesite has so much potential., Somersett amenities start immediately and include the Club at Town Center featuring a state-of-the-art Fitness Center, 2 Outdoor Pools incl a 98’ Water Slide, 2 Spas, Men’s & Women’s Saunas, Tennis and Basketball/Volleyball Courts, Game Room, Aerobics Studio w/Classes, miles of Hiking & Biking Trails, executive par 3 Canyon 9 Golf Course and more. There is a master association and a sub association for a total of $244 monthly. SAD on lot has a balance of $2622.92 and is paid semi-annually at $1023.69 with last payment 9/22.

Last Agent to Sell the Property

Deborah Bennington

Dickson Realty - Somersett License #BS.34209 Listed on: 07/09/2021

Dickson Realty - Somersett

Last Buyer's Agent

Chante Hargrove

RE/MAX Professionals-Reno License #S.74753

RE/MAX Professionals-Reno

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $816

Lot Details

  • 0.69 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Corners Of The Lot Have Been Marked
  • Lot Sloped Up
  • Property is zoned PUD

HOA Fees

  • $244 Monthly HOA Fees

Property Views

  • Mountain Views

Schools

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

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 23252103

Community Details

Overview

  • $172 HOA Transfer Fee
  • Somersett Association, Phone Number (775) 787-4500
  • The community has rules related to covenants, conditions, and restrictions, deed restrictions

Amenities

  • Common Area

Property Details

Property Type

Land

Est. Annual Taxes

$816

Lot Details

0

HOA Fees

$244 per month

Listing Details

  • Property Type: Land
  • Horses: No
  • Lot Features: Cul-De-Sac, Sloped Up, Corners Marked, Curbs
  • Lot Size Acres: 0.69
  • Road Frontage Type: Private Road, No Access Road
  • Has View?: Yes
  • Association Fees: 244.0
  • Association Fee Frequency: Monthly
  • Has H O A?: Yes
  • Co List Office Mls Id: 1525-o
  • Co List Office Phone: 775-746-7222
  • Directions: Champion Hills Gate/Painted River/Twin Rock
  • Tax Legal Zoning4: PUD
  • Lot Features Cul- De- Sac: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Water Rights Water Rights Y N: No
  • View Mountain(s): Yes
  • 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: 815.79
  • Lot Features Adjoins Common Area: Yes
  • Association Details Management Company Phone5: 775-787-4500
  • Tax Legal Middleor Junior School3: Billinghurst
  • Association Community Association Y N: Yes
  • Lot Lot Size Acres: 0.69
  • Lot View Y N4: Yes
  • Lot Horse Y N4: No
  • Lot Features Corners Marked: Yes
  • Land Details Crops Included Y N: No
  • Land Details Deed Restrictions: Yes
  • Land Details Utility Easement Y N: Yes
  • Association Details Association Transfer Fee: 172.0
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountain(s)

Utilities

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

Schools

  • Middle Or Junior School: Billinghurst

Lot Info

  • Parcel Number: 23252103
  • Fencing: None
  • Lot Size Sq Ft: 30056.4
  • Crops Included: No
  • Zoning: PUD

Tax Info

  • Tax Annual Amount: 815.79

MLS Schools

  • Elementary School: Westergard
  • HighSchool: Mc Queen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2021
Closed on
Jun 3, 2022
Sold by
Leonhart Revocable Living Trust
Bought by
Ilyas Irtga
Seller's Agent
Deborah Bennington
Dickson Realty - Somersett
Buyer's Agent
Chante Hargrove
RE/MAX Professionals-Reno
List Price
$199,000
Sold Price
$175,000
Premium/Discount to List
-$24,000
-12.06%
Current Estimated Value
$225,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,148
Avg. Annual Appreciation
7.88%
Original Mortgage
$140,000
Outstanding Balance
$133,748
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$91,400

Purchase Details

Closed on
Aug 12, 2020
Sold by
Lin6 Llc
Bought by
Leonhart Paul W and Leonhart Jalyne A

Purchase Details

Closed on
Feb 27, 2020
Sold by
Lin6 Llc
Bought by
Lin 6 Llc

Purchase Details

Closed on
Feb 17, 2009
Sold by
Newman Linda C
Bought by
Lin6 Llc

Purchase Details

Closed on
Aug 17, 2004
Sold by
Somersett Development Co Ltd
Bought by
Newman Linda C and Linda Newman 2000 Revocable Trust
Source: Public Records

Range of Values:

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Average Value
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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
Ilyas Irtga $175,000 First American Title
Leonhart Paul W -- None Available
Lin 6 Llc $97,500 First American Title Reno
Lin6 Llc -- None Available
Newman Linda C $180,000 Stewart Title Of Northern Nv
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ilyas Irtga $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2022 06/03/22 Sold $175,000 -12.1% --
05/06/2022 05/06/22 Pending -- -- --
04/26/2022 04/26/22 For Sale $199,000 0.0% --
03/25/2022 03/25/22 Pending -- -- --
01/07/2022 01/07/22 Price Changed $199,000 +15.7% --
09/21/2021 09/21/21 For Sale $172,000 0.0% --
09/05/2021 09/05/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $172,000 -- --
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 $996 $65,971 $64,925 $1,046
2024 $996 $59,917 $58,800 $1,117
2023 $923 $84,115 $83,125 $990
2022 $855 $70,805 $70,000 $805
2021 $816 $53,332 $52,500 $832
2020 $767 $55,101 $54,250 $851
2019 $726 $55,089 $54,250 $839
2018 $692 $46,387 $45,500 $887
2017 $669 $42,876 $42,000 $876
2016 $646 $35,887 $35,000 $887
2015 $637 $25,930 $24,500 $1,430
2014 $611 $16,667 $15,750 $917
2013 -- $18,420 $17,500 $920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 210009786

Northern Nevada Regional MLS

APN: 232-521-03