NOT LISTED FOR SALE

8564 Gypsy Hill Trail Reno, NV 89523

Somersett Neighborhood

Estimated Value: $1,301,645 - $1,358,000

5 Beds
4.5 Baths
3,922 Sq Ft
$341/Sq Ft Est. Value

Last Sold July 12, 2019

Last sale price $930,000 $237 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $7,795/month

7 Days on Market

Highlights

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

About This Home

As of July 2019

Gorgeous estate located behind the gates of Mountain View Ledges in Somersett! Better than new 5 bedroom, 4.5 bath, 3489 sq. ft. home built in 2013. Enter grand foyer w/ elegant staircase. Entertainer’s dream floorplan! Great Room, Gourmet kitchen w/ extended island, granite counters, upgraded cabinets & backsplash. Formal living & Dining. Office/den & large bedroom w/ ensuite on main. See Ext Remarks, Neutral colors, upgraded finishes, Hickory hardwood & plantation shutters. Master Suite retreat has picture windows, Master bath has double vanities, extra-large spa shower w/rain shower head & huge walk in closet. Additional 3 bedrooms plus 2 full baths upstairs. Breath taking views of the Sierra Nevadas from practically every window. Professionally landscaped yard w/ paver patio, uplit water feature & plumbed for outdoor kitchen. Unobstructed views galore! Ultra-private .42 acre lot, no rear neighbors. Finished 3 car garage & MORE! Your chance to be a part of one of Reno's most sought after Luxury communities.

Last Agent to Sell the Property

Nicolle Gust

Chase International-Damonte License #BS.145471 Listed on: 06/04/2019

Chase International-Damonte

Last Buyer's Agent

Kristine Calder

Haute Properties NV License #S.59942

Haute Properties NV

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,825

Year Built

  • Built in 2013

Lot Details

  • 0.42 Acre Lot
  • Property fronts a private road
  • Security Fence
  • Back Yard Fenced
  • Landscaped
  • Level Lot
  • Open Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Property is zoned PUD

HOA Fees

  • $235 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Property Views

  • Mountain
  • Valley

Home Design

  • Blown-In Insulation
  • Pitched Roof
  • Tile Roof
  • Stick Built Home
  • Stucco
  • Stone

Interior Spaces

  • 3,922 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Blinds
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Home Office
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 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
  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 23263308
  • $1,820 per year additional tax assessments

Community Details

Overview

  • Association fees include snow removal
  • $225 HOA Transfer Fee
  • Somersett First Res Association, Phone Number (775) 787-4500
  • 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,825

Year Built

Built in 2013

Lot Details

0.42 Acres

HOA Fees

$235 per month

Parking

3

Listing Details

  • Year Built: 2013
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Landscaped, Level, Open Lot, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Acres: 0.42
  • Road Frontage Type: Private Road, Other
  • Has View?: Yes
  • Security Features: Security Fence, Smoke Detector(s)
  • Association Amenities: Fitness Center, Golf Course, Maintenance Grounds, Pool, Sauna, Spa/Hot Tub, Tennis Court(s), Clubhouse/Recreation Room
  • Association Fees: 235.0
  • Association Fee Frequency: Monthly
  • Association Fee Inclusions: Snow Removal
  • Has H O A?: Yes
  • Co List Office Mls Id: 1471-o
  • Co List Office Phone: 775-850-5900
  • Directions: 4th Roundabout - Evening Rock - Laurel Ridge
  • Has Cooling?: Yes
  • Has Fireplace?: Yes
  • Living Area: 3922.0
  • 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: 6825.36
  • Tax Legal Zoning4: PUD
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 235.0
  • Building Stories5: 2
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 0.42
  • Lot Lot Size Square Feet2: 18295.2
  • Lot Horse Y N2: No
  • Association Details Transfer Fee: 225.0
  • 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
  • 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
  • Appliances Dishwasher: Yes
  • Cooling Refrigerated: Yes
  • Appliances Disposal: Yes
  • Fencing Full2: 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 Open Lot: Yes
  • View Valley: Yes
  • Other Rooms Office Den: Yes
  • Other Rooms Entrance Foyer2: Yes
  • Road Frontage Type Private Road: Yes
  • Road Responsibility Private Maintained Road: Yes
  • Association Amenities Sauna: Yes
  • Association Amenities Spa Hot Tub: Yes
  • Construction Materials Stone: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: Somersett - First Res
  • Appliances Gas Range: Yes
  • Association Amenities Golf Course: Yes
  • Association Details Management Company Phone5: 775-787-4500
  • Appliances Double Oven: Yes
  • Appliances Included As Personal Property Gas Oven2: Yes
  • Appliances Included As Personal Property Gas Cooktop2: Yes
  • Insulation Details Blown- In Insulation2: Yes
  • Tax Legal Tax Other Annual Assessment Amount3: 1820.2
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Gas Cooktop, Gas Range, Microwave
  • Flooring: Carpet, Ceramic Tile, Wood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Interior Amenities: Ceiling Fan(s), High Ceilings, Kitchen Island, Pantry, Walk-In Closet(s)
  • Window Features: Blinds, Double Pane Windows, Low-Emissivity Windows, Vinyl Frames
  • Interior Bathrooms Half: 1
  • Interior Living Area4: 3922.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Interior Features High Ceilings: Yes
  • Fireplace Features Living Room: Yes
  • Window Features Double Pane Windows: Yes
  • Window Features Vinyl Frames: Yes
  • Dining Room Features Separate Formal Room2: Yes
  • Window Features Blinds: Yes
  • Primary Bedroom Features Double Sinks: Yes
  • Interior Fireplaces Total2: 1.0
  • Primary Bedroom Features Shower Stall: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Wood: Yes
  • Laundry Features Cabinets2: Yes
  • Laundry Features Laundry Area: Yes
  • Laundry Features Laundry Room: Yes
  • Living Room Features Great Room3: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Primary Bedroom Features High Ceilings6: Yes
  • Primary Bedroom Features Garden Tub: 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 Breakfast Nook: 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
  • Living Room Features Ceiling Fan(s)3: 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: Pitched, Tile
  • Stories: 2
  • View: Mountain(s), Valley
  • Construction Type: Stone, 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: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cellular Coverage, Water Meter Installed
  • Water Source: Public
  • Laundry Features: Cabinets, Laundry Area, Laundry Room, Sink
  • Cooling: Central Air, Refrigerated
  • Heating: Fireplace(s), Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Cooling Y N3: Yes
  • Utilities Heating Y N3: Yes
  • 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
  • Utilities Water Meter Installed: Yes
  • Utilities Internet Available: Yes
  • Heating Forced Air: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes
  • Heating Fireplace(s): Yes

Schools

  • Middle Or Junior School: Billinghurst

Lot Info

  • Parcel Number: 23263308
  • Fencing: Back Yard, Full
  • Lot Size Sq Ft: 18295.2
  • Zoning: PUD

Tax Info

  • Tax Annual Amount: 6825.36

MLS Schools

  • Elementary School: Westergard
  • HighSchool: Mc Queen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2023
Sold by
Wallace Scott M and Wallace Megan R
Bought by
Scott And Megan Wallace Family Trust and Wallace
Current Estimated Value
$1,337,661

Purchase Details

Listed on
Jun 4, 2019
Closed on
Jul 1, 2019
Sold by
Lowery Patrick and Lowery Julie
Bought by
Wallace Scott M and Wallace Megan R
Seller's Agent
Nicolle Gust
Chase International-Damonte
Buyer's Agent
Kristine Calder
Haute Properties NV
List Price
$969,900
Sold Price
$930,000
Premium/Discount to List
-$39,900
-4.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.58%
Original Mortgage
$744,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 11, 2013
Closed on
Apr 8, 2013
Sold by
Mountain View Ledges Llc
Bought by
Lowery Patrick and Lowery Julie
Seller's Agent
Jennifer Jory
Haute Properties NV
Buyer's Agent
Pamela Reese
RE/MAX Gold
List Price
$561,979
Sold Price
$561,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.39%
Original Mortgage
$400,000
Interest Rate
3.47%
Mortgage Type
New Conventional

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
$2,400,000
Interest Rate
6.14%
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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Scott And Megan Wallace Family Trust -- None Listed On Document
Wallace Scott M $930,000 North American Title Nv Reno
Lowery Patrick $562,000 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 Wallace Scott M $744,000
Previous Owner Lowery Patrick $400,000
Previous Owner The Ledges Llc $2,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/12/2019 07/12/19 Sold $930,000 -4.1% $237 / Sq Ft
06/11/2019 06/11/19 Pending -- -- --
06/04/2019 06/04/19 For Sale $969,900 +72.6% $247 / Sq Ft
04/12/2013 04/12/13 Sold $561,979 0.0% $143 / Sq Ft View Prior Sale
04/11/2013 04/11/13 Pending -- -- --
04/11/2013 04/11/13 For Sale $561,979 -- $143 / Sq Ft
Source: Northern Nevada Regional MLS

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
2026 $6,287 $321,589 $73,605 $247,984
2025 $8,150 $302,321 $70,455 $231,866
2024 $8,150 $296,454 $64,050 $232,404
2023 $7,913 $294,536 $75,250 $219,286
2022 $7,684 $247,532 $65,450 $182,082
2021 $7,463 $230,582 $50,400 $180,182
2020 $7,242 $233,342 $53,550 $179,792
2019 $7,033 $214,407 $41,195 $173,212
2018 $6,825 $204,851 $36,190 $168,661
2017 $6,631 $204,385 $36,190 $168,195
2016 $6,459 $203,999 $32,795 $171,204
2015 $6,483 $202,271 $30,905 $171,366
2014 $6,298 $193,437 $30,695 $162,742
2013 -- $173,702 $22,050 $151,652
Source: Public Records

Agents Affiliated with this Home

  • Nicolle Gust

    Seller's Agent in 2019

    Nicolle Gust

    Chase International-Damonte

    (775) 338-9988

    7 in this area

    165 Total Sales

    Nicolle Gust
    Section Image
  • Kristine Calder

    Buyer's Agent in 2019

    Kristine Calder

    Haute Properties NV

    (775) 846-4838

    30 Total Sales

    Kristine Calder
    Section Image

  • J

    Seller's Agent in 2013

    Jennifer Jory

    Haute Properties NV

    (775) 224-8252

    11 in this area

    56 Total Sales

    Jennifer Jory
    Section Image

  • P

    Buyer's Agent in 2013

    Pamela Reese

    RE/MAX

    Section Image
See All Agents

Map

Source: Northern Nevada Regional MLS

MLS Number: 190008249

Northern Nevada Regional MLS

APN: 232-633-08

Nevada Washoe County Reno 89523 Somersett

8564 Gypsy Hill Trail, Reno, NV

Not Listed for Sale

Detached

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