NOT LISTED FOR SALE

8556 Gypsy Hill Trail Reno, NV 89523

Somersett Neighborhood

Estimated Value: $1,335,000 - $1,467,000

5 Beds
4.5 Baths
3,734 Sq Ft
$372/Sq Ft Est. Value

Last Sold June 07, 2013

Last sale price $603,972 $162 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $8,943/month

Highlights

  • Golf Course Community
  • Spa
  • Mountain View
  • Fitness Center
  • 0.44 Acre Lot
  • Clubhouse

About This Home

As of June 2013

Brand new two story home built by TMB Builders. Located in the gated community of Mountain View Ledges in Somersett. Unbelievable view of mountains and valley. 5 bedrooms, 4 1/2 baths, plus a 3 car garage. Great rm. w/ fireplace opens to gourmet kitchen with granite slab counters. Huge master suite w/ luxury bath. Formal living & dining. Front yard landscaping included. New construction so plenty of time to customize!

Last Agent to Sell the Property

Jennifer Jory

Haute Properties NV License #B.1001697 Listed on: 05/01/2013

Haute Properties NV

Last Buyer's Agent

David Hilbig

Keller Williams Group One Inc. License #BS.37236

Keller Williams Group One Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,870

Year Built

  • Built in 2012

Lot Details

  • 0.44 Acre Lot
  • Cul-De-Sac
  • Security Fence
  • Back Yard Fenced
  • Landscaped
  • Level Lot
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Property is zoned PUD

HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 3,734 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Double Pane Windows
  • Vinyl Clad Windows
  • Family Room with Fireplace
  • Great Room
  • Combination Kitchen and Dining Room
  • Mountain Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Sink Near Laundry
  • Laundry Cabinets

Outdoor Features

  • Spa
  • Patio

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 23262234
  • $6,958 per year additional tax assessments

Community Details

Overview

  • Association fees include snow removal
  • $618 HOA Transfer Fee
  • Rmi Somersett Association
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Common Area
  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,870

Year Built

Built in 2012

Lot Details

0

HOA Fees

$472 per month

Parking

3

Listing Details

  • Year Built: 2012
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Common Area, Cul-De-Sac, Landscaped, Level, Sprinklers In Front
  • Lot Size Acres: 0.44
  • Road Frontage Type: Other
  • Has View?: Yes
  • Security Features: Security Fence, Smoke Detector(s)
  • Association Amenities: Fitness Center, Golf Course, Maintenance Grounds, Pool, Spa/Hot Tub, Tennis Court(s), Clubhouse/Recreation Room
  • Association Fees: 236.0
  • Association Fee Frequency: Monthly
  • Association Fee Inclusions: Snow Removal
  • Has H O A?: Yes
  • Co List Office Mls Id: 2013-o
  • Co List Office Phone: 775-525-1448
  • Directions: 4th roundabout/Evening Rock/Timaru/Laurel Ridge
  • Has Cooling?: Yes
  • Has Fireplace?: Yes
  • Living Area: 3734.0
  • 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: 4870.0
  • Tax Legal Zoning4: PUD
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 236.0
  • Building Stories5: 2
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 0.44
  • Lot Lot Size Square Feet2: 19166.4
  • Lot Horse Y N2: No
  • Association Details Transfer Fee: 618.0
  • Lot View Y N2: Yes
  • Fencing Back Yard: Yes
  • Lot Features Cul- De- Sac: Yes
  • Lot Features Landscaped: Yes
  • Cooling Central Air: Yes
  • Foundation Details Crawl Space: Yes
  • Lot Features Level: Yes
  • Lot Features Sprinklers In Front: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Sprinklers Front: Yes
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Cooling Refrigerated: Yes
  • Appliances Disposal: Yes
  • Outdoor Living Spaces Patio2: Yes
  • Security Features Smoke Detector(s): Yes
  • Sprinklers Drip System In Front: Yes
  • View Mountain(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
  • Association Fee Includes Snow Removal2: Yes
  • Security Features Security Fence: Yes
  • Water Heater Gas5: Yes
  • Construction Materials Stucco: Yes
  • Sprinklers Automatic: Yes
  • Lot Features Common Area3: Yes
  • Association Amenities Spa Hot Tub: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: RMI- Somersett
  • Association Amenities Golf Course: Yes
  • Tax Legal Tax Other Annual Assessment Amount3: 6958.0
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Interior Amenities: Breakfast Bar, High Ceilings, Primary Downstairs, Walk-In Closet(s)
  • Window Features: Double Pane Windows, Vinyl Frames
  • Interior Bathrooms Half: 1
  • Interior Living Area4: 3734.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Interior Features High Ceilings: Yes
  • Interior Features Breakfast Bar: Yes
  • Interior Features Primary Downstairs: Yes
  • Window Features Double Pane Windows: Yes
  • Window Features Vinyl Frames: Yes
  • Kitchen Features Breakfast Bar2: Yes
  • Primary Bedroom Features Double Sinks: Yes
  • 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
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Primary Bedroom Features High Ceilings6: Yes
  • Dining Room Features Kitchen Combination: Yes
  • Primary Bedroom Features Garden Tub: Yes
  • Fireplace Features Family Room: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Laundry Features Sink: Yes
  • Family Room Features High Ceilings4: Yes
  • Kitchen Features Built- In Microwave: Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes
  • Family Room Features Great Room5: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Pitched, Tile
  • Stories: 2
  • View: Mountain(s)
  • Construction Type: Stucco
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Patio
  • 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: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: Cabinets, Laundry Area, Laundry Room, Sink
  • Cooling: Central Air, Refrigerated
  • Heating: Forced Air, 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 Phone Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Heating Forced Air: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes

Schools

  • Middle Or Junior School: Billinghurst

Lot Info

  • Parcel Number: 23262234
  • Fencing: Back Yard
  • Lot Size Sq Ft: 19166.4
  • Zoning: PUD

Tax Info

  • Tax Annual Amount: 4870.0

MLS Schools

  • Elementary School: Westergard
  • HighSchool: Mc Queen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2023
Sold by
Ro Seungil and Ro Chunock
Bought by
Seungil And Chunock Ro Living Trust and Ro
Current Estimated Value
$1,423,425

Purchase Details

Closed on
May 19, 2016
Sold by
Ro Seung Il and Lim Chunock
Bought by
Lim Ro Seung Il and Lim Ro Chunock

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 1, 2013
Closed on
May 8, 2013
Sold by
Mountain View Ledges Llc
Bought by
Ro Seungil and Lim Chunock
Seller's Agent
Jennifer Jory
Haute Properties NV
Buyer's Agent
David Hilbig
Keller Williams Group One Inc.
List Price
$603,357
Sold Price
$603,972
Premium/Discount to List
$615
0.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%
Original Mortgage
$482,650
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2012
Sold by
Somerset Ledges Llc
Bought by
Mountain View Ledges Llc

Purchase Details

Closed on
Apr 2, 2010
Sold by
Jpo Inc
Bought by
Somerset Ledges 2010 Llc

Purchase Details

Closed on
Sep 22, 2009
Sold by
The Ledges Llc
Bought by
Jpo Inc

Purchase Details

Closed on
Jun 6, 2007
Sold by
Pmg Land Investors Llc
Bought by
The Ledges Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,097,808
Interest Rate
6.21%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 29, 2005
Sold by
Pmg Golf Communities Llc
Bought by
Pmg Land Investors Llc
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
Seungil And Chunock Ro Living Trust -- None Listed On Document
Lim Ro Seung Il -- Advantage Title Llc
Ro Seungil $603,500 None Available
Mountain View Ledges Llc $70,000 None Available
Somerset Ledges 2010 Llc $1,306,500 Northern Nevada Title Cc
Jpo Inc $1,960,000 Fidelity National Title Insu
The Ledges Llc $4,500,000 Ticor Title Of Nevada Inc
Pmg Land Investors Llc -- Ticor Title Of Nevada Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ro Chunock L $215,000
Previous Owner Ro Chunock L $10,000
Previous Owner Lim Ro Seung Il $505,000
Previous Owner Ro Seungil $482,650
Previous Owner The Ledges Llc $3,237,000
Previous Owner The Ledges Llc $0
Previous Owner The Ledges Llc $2,097,808
Previous Owner The Ledges Llc $2,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2013 06/07/13 Sold $603,972 +0.1% $162 / Sq Ft
05/01/2013 05/01/13 Pending -- -- --
05/01/2013 05/01/13 For Sale $603,357 -- $162 / 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 $8,137 $319,973 $70,455 $249,518
2024 $8,137 $314,424 $64,050 $250,374
2023 $7,901 $311,533 $75,250 $236,283
2022 $7,671 $261,421 $65,450 $195,971
2021 $7,449 $244,473 $50,400 $194,073
2020 $7,232 $247,201 $53,550 $193,651
2019 $7,019 $227,830 $41,195 $186,635
2018 $6,816 $217,785 $36,190 $181,595
2017 $6,617 $217,268 $36,190 $181,078
2016 $6,448 $217,110 $32,795 $184,315
2015 $6,481 $215,366 $30,905 $184,461
2014 $6,290 $207,859 $30,695 $177,164
2013 -- $173,702 $22,050 $151,652
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Jory

    Seller's Agent in 2013

    Jennifer Jory

    Haute Properties NV

    (775) 224-8252

    13 in this area

    71 Total Sales

    Section Image
  • David Hilbig

    Buyer's Agent in 2013

    David Hilbig

    Keller Williams Group One Inc.

    (775) 287-6574

    1 in this area

    28 Total Sales

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Map

Source: Northern Nevada Regional MLS

MLS Number: 130007137

Northern Nevada Regional MLS

APN: 232-633-09

Nevada Washoe County Reno 89523 Somersett

8556 Gypsy Hill Trail, Reno, NV

This home is located at 8556 Gypsy Hill Trail, Reno, NV 89523 since 01 May 2013 and is currently estimated at $1,390,074, approximately $372 per square foot. This property was built in 2012. 8556 Gypsy Hill Trail is a home located in Washoe County with nearby schools including B D Billinghurst Middle School and Robert McQueen High School.

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