NOT LISTED FOR SALE

8460 Chalk Ridge Ct Reno, NV 89523

Somersett Neighborhood

Estimated Value: $2,934,987 - $3,269,000

5 Beds
5.5 Baths
5,145 Sq Ft
$600/Sq Ft Est. Value

Last Sold March 09, 2022

Last sale price $2,977,030 $579 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $19,112/month

192 Days on Market

Highlights

  • Golf Course Community
  • Spa
  • 1.02 Acre Lot
  • Fitness Center
  • View of Trees or Woods
  • Clubhouse

About This Home

As of March 2022

New build under construction in the highly sought after Somersett Golf Community. This property has impressive views of the mountains, the valley, the golf course and the city. Well thought out and beautifully designed contemporary luxury custom home. Featuring an effortless open floor plan, the master suite on the main level and a walkout daylight basement. For additional details on the home, please contact the listing agent., If a buyer is obtained early in the process , the buyer may be able to select certain features of the home. Other" CIC fee: is estimated capital contribution fee of 1/10 of 1% of final purchase price. All HOA and other fees and costs to be verified by buyer and buyers agents.

Last Agent to Sell the Property

Mary Avalos

Keller Williams Group One Inc. License #S.64851 Listed on: 03/04/2021

Keller Williams Group One Inc.

Last Buyer's Agent

Jeff Sallan

Sierra Nevada Properties-Reno License #BS.143168

Sierra Nevada Properties-Reno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $745

Year Built

  • Built in 2021

Lot Details

  • 1.02 Acre Lot
  • Security Fence
  • Landscaped
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Property is zoned PUD

HOA Fees

  • $244 Monthly HOA Fees

Parking

  • 4 Car Attached Garage

Property Views

  • Woods
  • Peek-A-Boo
  • Valley
  • Park or Greenbelt

Home Design

  • Brick or Stone Veneer
  • Pitched Roof
  • Metal Roof
  • Metal Siding
  • Stick Built Home
  • Stucco

Interior Spaces

  • 5,145 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Log Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Great Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Double Oven
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Dual Sinks
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Sink Near Laundry
  • Laundry Cabinets

Pool

  • Spa

Schools

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

Utilities

  • Refrigerated Cooling System
  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 23420105

Community Details

Overview

  • Association fees include snow removal
  • $350 HOA Transfer Fee
  • Somerset Community Association
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa
  • Snow Removal

Security

  • Security Service
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$745

Year Built

Built in 2021

Lot Details

0

HOA Fees

$488 per month

Parking

4

Listing Details

  • Year Built: 2021
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Landscaped, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Acres: 1.02
  • Road Frontage Type: Other
  • Has View?: Yes
  • Security Features: Security Fence, Smoke Detector(s)
  • Association Amenities: Fitness Center, Golf Course, Maintenance Grounds, Management, Pool, Sauna, Security, Spa/Hot Tub, Tennis Court(s), Clubhouse/Recreation Room
  • Association Fees: 244.0
  • Association Fee Frequency: Monthly
  • Association Fee Inclusions: Snow Removal
  • Has H O A?: Yes
  • Co List Office Mls Id: 1315-o
  • Co List Office Phone: 775-823-8787
  • Directions: Eagle Bend Trail
  • Has Cooling?: Yes
  • Has Fireplace?: Yes
  • Living Area: 5145.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Westergard
  • Tax Legal Middle Or Junior School2: Billinghurst
  • Tax Legal High School: Mc Queen
  • Tax Legal Tax Annual Amount: 745.0
  • Tax Legal Zoning4: PUD
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 244.0
  • Building Stories5: 2
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 1.02
  • Lot Lot Size Square Feet2: 44431.2
  • Lot Horse Y N2: No
  • Association Details Transfer Fee: 350.0
  • Lot View Y N2: Yes
  • Lot Features Landscaped: Yes
  • Cooling Central Air: Yes
  • Foundation Details Crawl Space: Yes
  • Lot Features Sprinklers In Front: Yes
  • Lot Features Sprinklers In Rear: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Sprinklers Front: Yes
  • Sprinklers Rear: Yes
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: No
  • Cooling Refrigerated: Yes
  • Appliances Disposal: Yes
  • Security Features Smoke Detector(s): Yes
  • Sprinklers Drip System In Front: Yes
  • Appliances Microwave: Yes
  • Association Amenities Fitness Center: Yes
  • Association Amenities Maintenance Grounds: Yes
  • Association Amenities Tennis Court(s): Yes
  • Association Amenities Management: Yes
  • Association Amenities Clubhouse Recreation Room: Yes
  • Association Fee Includes Snow Removal2: Yes
  • Security Features Security Fence: Yes
  • Water Heater Gas5: Yes
  • Construction Materials Stucco: Yes
  • Fireplace Features Gas Log: Yes
  • Sprinklers Automatic: Yes
  • View Peek: Yes
  • View Valley: Yes
  • View Trees Woods: Yes
  • View Park Greenbelt: Yes
  • Association Amenities Sauna: Yes
  • Association Amenities Security: Yes
  • Association Amenities Spa Hot Tub: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: Somerset Community
  • Construction Materials Masonry Veneer: Yes
  • Appliances Gas Range: Yes
  • Association Amenities Golf Course: Yes
  • Appliances Double Oven: Yes
  • Appliances Included As Personal Property Gas Oven2: Yes
  • Appliances Included As Personal Property Gas Cooktop2: Yes
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Disposal, Double Oven, Gas Cooktop, Gas Range, Microwave, Refrigerator
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log
  • Fireplaces: 2
  • Interior Amenities: Kitchen Island, Pantry, Primary Downstairs, Walk-In Closet(s)
  • Window Features: Double Pane Windows, Low-Emissivity Windows
  • Interior Bathrooms Half: 1
  • Interior Living Area4: 5145.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Interior Features Primary Downstairs: Yes
  • Window Features Double Pane Windows: Yes
  • Primary Bedroom Features Double Sinks: Yes
  • Interior Fireplaces Total2: 2.0
  • Primary Bedroom Features On Main Floor: Yes
  • Primary Bedroom Features Shower Stall: Yes
  • Flooring Ceramic Tile: Yes
  • Laundry Features Cabinets2: Yes
  • Laundry Features Laundry Area: Yes
  • Laundry Features Laundry Room: Yes
  • Living Room Features Great Room3: Yes
  • Kitchen Features Disposal2: Yes
  • Primary Bedroom Features High Ceilings6: Yes
  • Interior Features Kitchen Island: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Window Features Low- Emissivity Windows: Yes
  • Laundry Features Sink: Yes
  • Kitchen Features Built- In Microwave: Yes
  • Kitchen Features Kitchen Island2: Yes
  • Primary Bedroom Features Bathtub: Yes
  • Primary Bedroom Features Ceiling Fan(s)7: Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes
  • Dining Room Features Great Room4: Yes
  • Family Room Features Great Room5: Yes
  • Kitchen Features Built- In Double Oven: Yes
  • Kitchen Features Gas Cooktop3: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Metal, Pitched
  • Stories: 2
  • View: Park/Greenbelt, Peek, Trees/Woods, Valley
  • Construction Type: Metal Siding, Stucco, Masonry Veneer
  • Foundation Details: Crawl Space
  • Association Amenities Pool: Yes
  • Roof Pitched: Yes
  • Construction Materials Metal Siding: Yes
  • Roof Metal2: Yes

Garage/Parking

  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Garage Spaces: 4.0
  • Has Attached Garage?: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 4.0
  • Parking Information Garage Y N: Yes
  • Parking Information Garage Spaces: 4.0
  • Parking Information Carport Y N: No
  • Parking Information Parking Total: 4.0
  • Parking Features Attached: Yes

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: Cabinets, Laundry Area, Laundry Room, Sink
  • Cooling: Central Air, Refrigerated
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Cooling Y N3: Yes
  • Utilities Heating Y N3: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes

Schools

  • Middle Or Junior School: Billinghurst

Lot Info

  • Parcel Number: 23420105
  • Fencing: None
  • Lot Size Sq Ft: 44431.2
  • Zoning: PUD

Tax Info

  • Tax Annual Amount: 745.0

MLS Schools

  • Elementary School: Westergard
  • HighSchool: Mc Queen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
Mar 2, 2022
Sold by
Bill & Lori Olin Living Trust
Bought by
Brian And Michelle Sharpes Living Trust
Seller's Agent
Mary Avalos
Keller Williams Group One Inc.
Buyer's Agent
Jeff Sallan
Sierra Nevada Properties-Reno
List Price
$2,500,000
Sold Price
$2,977,030
Premium/Discount to List
$477,030
19.08%
Current Estimated Value
$3,087,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,268
Avg. Annual Appreciation
-0.55%
Original Mortgage
$2,256,000
Outstanding Balance
$2,086,562
Interest Rate
2.2%
Mortgage Type
New Conventional
Estimated Equity
$834,929

Purchase Details

Listed on
Jul 18, 2020
Closed on
Aug 11, 2020
Sold by
Kinner Jeff and The Jeff Kinner Revocable Trus
Bought by
Olin Bill and Olin Lori J
Seller's Agent
Sonja Gorgon
BHHS Nevada Properties - SW
Buyer's Agent
Mary Avalos
Keller Williams Group One Inc.
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
433.30%

Purchase Details

Listed on
May 18, 2016
Closed on
Jul 21, 2017
Sold by
Lewis Ronald D and Lewis Denise
Bought by
Kinner Jeff and The Jeff Kinner Revocable Trust
Seller's Agent
John Ruddy
Sierra Sotheby's Intl. Realty
Buyer's Agent
Sonja Gorgon
BHHS Nevada Properties - SW
List Price
$175,000
Sold Price
$170,000
Premium/Discount to List
-$5,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.98%

Purchase Details

Closed on
May 30, 2006
Sold by
Somersett Development Co Ltd
Bought by
Remas William A and Remas Marsha I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.56%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Brian And Michelle Sharpes Living Trust $2,977,500 First Centennial Title
Olin Bill $215,000 First Centennial Title Reno
Kinner Jeff $170,000 Ticor Title Reno
Remas William A $414,000 Ticor Title Of Nevada Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brian And Michelle Sharpes Living Trust $2,256,000
Previous Owner Remas William A $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2022 03/09/22 Sold $2,977,030 +10.3% $579 / Sq Ft
09/12/2021 09/12/21 Pending -- -- --
06/11/2021 06/11/21 Price Changed $2,700,000 +8.0% $525 / Sq Ft
03/04/2021 03/04/21 For Sale $2,500,000 +1062.8% $486 / Sq Ft
08/14/2020 08/14/20 Sold $215,000 -4.4% $39 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $225,000 +32.4% $41 / Sq Ft
07/24/2017 07/24/17 Sold $170,000 -2.9% $31 / Sq Ft
06/25/2017 06/25/17 Pending -- -- --
05/18/2016 05/18/16 For Sale $175,000 -- $32 / 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 $21,626 $812,943 $148,400 $664,543
2024 $21,626 $800,901 $134,400 $666,501
2023 $21,000 $758,406 $133,000 $625,406
2022 $20,370 $636,767 $112,000 $524,767
2021 $5,959 $226,043 $84,000 $142,043
2020 $742 $87,651 $86,800 $851
2019 $707 $87,639 $86,800 $839
2018 $675 $46,387 $45,500 $887
2017 $648 $42,876 $42,000 $876
2016 $631 $35,887 $35,000 $887
2015 $157 $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

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Map

Source: Northern Nevada Regional MLS

MLS Number: 210002697

Northern Nevada Regional MLS

APN: 234-201-05