NOT LISTED FOR SALE

8470 Fairway Chase Trail Reno, NV 89523

Somersett Neighborhood

Estimated Value: $1,133,249 - $1,193,000

4 Beds
3.5 Baths
3,148 Sq Ft
$369/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $1,025,000 $326 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $7,290/month

3 Days on Market

Highlights

  • Golf Course Community
  • Spa
  • Clubhouse
  • Fitness Center
  • 0.34 Acre Lot
  • Wood Flooring

About This Home

As of July 2021

This lovely home in Somersett is a must-see for anyone looking for a spacious property with incredible views and luxury finishes. Located on a quiet, private culdesac, this property is one you will be proud to call home.You will love the recently remodeled kitchen, a pot filler faucet above the stove, and an expansive island. The dining room is large enough for entertaining large groups and the breakfast nook is perfect for more intimate family dining. Remolded master bath w/heated floors and tower warmer, The large master bedroom features a sitting area and a private porch perfect for taking in the mountain views. Stepping into the luxurious and recently remodeled master bathroom, you will find two roomy vanities, heated floors, and a heated towel warmer. One of the many benefits of living in Somersett is the gorgeous views of the Sierra Nevada mountains. This property highlights the view from a massive backyard paver-patio, with several seating areas, lush lawn, and beautiful shade trees.

Last Agent to Sell the Property

Jeff Sallan

Sierra Nevada Properties-Reno License #BS.143168 Listed on: 06/28/2021

Sierra Nevada Properties-Reno

Last Buyer's Agent

Sara Sharkey

RE/MAX Professionals-Sparks License #BS.145320

RE/MAX Professionals-Sparks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,489

Year Built

  • Built in 2004

Lot Details

  • 0.34 Acre Lot
  • Back Yard Fenced
  • Landscaped
  • Level Lot
  • Front and Back Yard Sprinklers
  • Property is zoned PUD

HOA Fees

  • $194 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Pitched Roof
  • Tile Roof
  • Stick Built Home
  • Stucco

Interior Spaces

  • 3,148 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Drapes & Rods
  • Blinds
  • Family Room with Fireplace
  • Great Room
  • Separate Formal Living Room
  • Game Room
  • Crawl Space
  • Property Views

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Primary Bathroom includes a Walk-In Shower
  • Garden Bath

Laundry

  • Laundry Room
  • Laundry Cabinets

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • Spa

Schools

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

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 23240203

Community Details

Overview

  • $350 HOA Transfer Fee
  • First Service Residential Association, Phone Number (775) 624-8805
  • 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,489

Year Built

Built in 2004

Lot Details

0

HOA Fees

$388 per month

Parking

3

Listing Details

  • Year Built: 2004
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Acres: 0.34
  • Road Frontage Type: Other
  • Has View?: Yes
  • Security Features: Security System Owned, Smoke Detector(s)
  • Association Amenities: Fitness Center, Golf Course, Maintenance Grounds, Pool, Sauna, Spa/Hot Tub, Tennis Court(s), Clubhouse/Recreation Room
  • Association Fees: 194.0
  • Association Fee Frequency: Monthly
  • Has H O A?: Yes
  • Co List Office Mls Id: 1433-o
  • Co List Office Phone: 775-689-8228
  • Directions: Somersett Pkwy/Forest Willow
  • Has Cooling?: Yes
  • Has Fireplace?: Yes
  • Living Area: 3148.0
  • 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: 5488.66
  • Tax Legal Zoning4: PUD
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 194.0
  • Building Stories5: 2
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 0.34
  • Lot Lot Size Square Feet2: 14810.4
  • Lot Horse Y N2: No
  • Association Details Transfer Fee: 350.0
  • Lot View Y N2: Yes
  • Fencing Back Yard: Yes
  • Lot Features Landscaped: Yes
  • Cooling Central Air: Yes
  • Foundation Details Crawl Space: Yes
  • Lot Features Level: Yes
  • Lot Features Sprinklers In Front: Yes
  • Lot Features Sprinklers In Rear: 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
  • Appliances Dishwasher: Yes
  • Cooling Refrigerated: Yes
  • Appliances Disposal: Yes
  • Security Features Smoke Detector(s): Yes
  • Appliances Microwave: Yes
  • Association Amenities Fitness Center: Yes
  • Association Amenities Maintenance Grounds: Yes
  • Association Amenities Tennis Court(s): Yes
  • Association Amenities Clubhouse Recreation Room: Yes
  • Water Heater Gas5: Yes
  • Construction Materials Stucco: Yes
  • Fireplace Features Gas Log: Yes
  • Security Features Security System Owned: Yes
  • Appliances Trash Compactor: Yes
  • Other Rooms Game Room3: Yes
  • Association Amenities Sauna: Yes
  • Association Amenities Spa Hot Tub: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: First Service Residential
  • Appliances Gas Range: Yes
  • Association Amenities Golf Course: Yes
  • Association Details Management Company Phone5: 775-624-8805
  • Appliances Included As Personal Property Gas Oven2: Yes
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Trash Compactor
  • Flooring: Carpet, Ceramic Tile, Wood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Interior Amenities: Ceiling Fan(s), High Ceilings, Kitchen Island, Walk-In Closet(s)
  • Window Features: Blinds, Double Pane Windows, Drapes, Low-Emissivity Windows, Rods
  • Interior Bathrooms Half: 1
  • Interior Living Area4: 3148.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Interior Features High Ceilings: Yes
  • Window Features Double Pane Windows: Yes
  • Living Room Features Separate Formal Room: Yes
  • Dining Room Features Separate Formal Room2: Yes
  • Window Features Blinds: Yes
  • Window Features Drapes: Yes
  • Primary Bedroom Features Double Sinks: Yes
  • Primary Bedroom Features Shower Stall: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Wood: Yes
  • Window Features Rods: Yes
  • Laundry Features Cabinets2: Yes
  • Laundry Features Laundry Area: Yes
  • Dining Room Features High Ceilings3: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Primary Bedroom Features Garden Tub: Yes
  • Fireplace Features Family Room: Yes
  • Interior Features Kitchen Island: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Window Features Low- Emissivity Windows: Yes
  • Family Room Features High Ceilings4: Yes
  • Kitchen Features Built- In Microwave: Yes
  • Kitchen Features Kitchen Island2: Yes
  • Primary Bedroom Features Ceiling Fan(s)7: Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes
  • Interior Features Ceiling Fan(s)2: Yes
  • Family Room Features Ceiling Fan(s)5: Yes
  • Kitchen Features Trash Compactor2: Yes
  • Family Room Features Great Room5: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Pitched, Tile
  • Stories: 2
  • Construction Type: Stucco
  • Foundation Details: Crawl Space
  • Association Amenities Pool: Yes
  • Roof Pitched: Yes
  • Roof Tile3: Yes

Garage/Parking

  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Garage Spaces: 3.0
  • Has Attached Garage?: Yes
  • Parking Features: Attached, Garage Door Opener
  • Total Parking Spaces: 3.0
  • Parking Information Garage Y N: Yes
  • Parking Information Garage Spaces: 3.0
  • Parking Information Carport Y N: No
  • Parking Information Parking Total: 3.0
  • Parking Features Attached: Yes
  • Parking Features Garage Door Opener: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available, Water Meter Installed
  • Water Source: Public
  • Laundry Features: Cabinets, Laundry Area
  • Cooling: Central Air, Refrigerated
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Utilities Cooling Y N3: Yes
  • Utilities Heating Y N3: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Water Available: Yes
  • Utilities Water Meter Installed: Yes
  • Heating Forced Air: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes

Schools

  • Middle Or Junior School: Billinghurst

Lot Info

  • Parcel Number: 23240203
  • Fencing: Back Yard
  • Lot Size Sq Ft: 14810.4
  • Zoning: PUD

Tax Info

  • Tax Annual Amount: 5488.66

MLS Schools

  • Elementary School: Westergard
  • HighSchool: Mc Queen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2021
Closed on
Jul 29, 2021
Sold by
Palmer Tracey L and Palmer Joanne T
Bought by
Garg Sumit
Seller's Agent
Jeff Sallan
Sierra Nevada Properties-Reno
Buyer's Agent
Sara Sharkey
RE/MAX Professionals-Sparks
List Price
$989,000
Sold Price
$1,025,000
Premium/Discount to List
$36,000
3.64%
Current Estimated Value
$1,166,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,587
Avg. Annual Appreciation
3.26%

Purchase Details

Closed on
May 25, 2005
Sold by
Pmg Golf Communities Llc
Bought by
Palmer Tracey L and Palmer Joanne T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.84%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Garg Sumit $1,025,000 First Centennial Reno
Palmer Tracey L $616,500 Ticor Title Of Nevada Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palmer Tracey L $150,000
Previous Owner Palmer Tracey L $417,000
Previous Owner Palmer Tracey L $25,000
Previous Owner Palmer Tracey L $400,000
Previous Owner Palmer Tracey L $100,000
Previous Owner Palmer Tracey L $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $1,025,000 +3.6% $326 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
06/28/2021 06/28/21 For Sale $989,000 -- $314 / 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 $6,176 $247,402 $67,025 $180,377
2024 $6,176 $244,124 $62,650 $181,474
2023 $5,994 $235,801 $64,225 $171,576
2022 $5,821 $194,304 $51,380 $142,924
2021 $5,653 $180,084 $38,115 $141,969
2020 $5,489 $185,436 $43,330 $142,106
2019 $5,327 $179,280 $42,105 $137,175
2018 $5,065 $165,217 $33,950 $131,267
2017 $4,919 $161,979 $30,730 $131,249
2016 $4,793 $162,772 $28,805 $133,967
2015 $4,783 $160,868 $26,145 $134,723
2014 $4,645 $138,828 $22,120 $116,708
2013 -- $122,999 $21,070 $101,929
Source: Public Records

Agents Affiliated with this Home

  • Jeff Sallan

    Seller's Agent in 2021

    Jeff Sallan

    Sierra Nevada Properties

    (775) 453-4568

    14 in this area

    49 Total Sales

    Section Image
  • Sara Sharkey

    Buyer's Agent in 2021

    Sara Sharkey

    RE/MAX

    (775) 846-9291

    1 in this area

    54 Total Sales

    Section Image
See All Agents

Map

Source: Northern Nevada Regional MLS

MLS Number: 210009172

Northern Nevada Regional MLS

APN: 232-402-03

Nevada Washoe County Reno 89523 Somersett

8470 Fairway Chase Trail, Reno, NV

This home is located at 8470 Fairway Chase Trail, Reno, NV 89523 since 28 June 2021 and is currently estimated at $1,161,312, approximately $368 per square foot. This property was built in 2004. 8470 Fairway Chase Trail is a home located in Washoe County with nearby schools including B D Billinghurst Middle School, Robert McQueen High School, and Riverview Christian Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Nevada Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The content relating to real estate for sale on this web site comes in part from the Broker Reciprocity/ IDX program of the Northern Nevada Regional Multiple Listing Service°. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo and detailed information about those listings includes the name of the listing brokerage. Any use of the content other than by a search performed by a consumer looking to purchase or rent real estate is prohibited. © 2025 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved.

Nearby Homes