NOT LISTED FOR SALE

8572 Gypsy Hill Trail Reno, NV 89523

Somersett Neighborhood

Estimated Value: $1,255,000 - $1,422,000

4 Beds
3.5 Baths
3,542 Sq Ft
$372/Sq Ft Est. Value

Last Sold August 30, 2017

Last sale price $815,000 $230 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $8,422/month

49 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Mountain View
  • Spa
  • 0.42 Acre Lot
  • Clubhouse

About This Home

As of August 2017

Fantastic property w/ unsurpassed mountain & valley views in the gated Mountain View Ledges community of Somersett. Enter through the stunning gated courtyard into the welcoming entry sided by formal living & dining room. Luxury kitchen w/ high end appliances, granite slab counters, & large island adjoins the great room w/ fireplace & kitchen nook perfect for open entertaining. The professionally landscaped yard boasts extensive paver patio, water feature, bocce ball court., The spacious master retreat features wonderful views of the Sierra mountains, a reading nook, fireplace, and gorgeous bath with soaking tub, spacious shower, separate vanities w/ travertine counters, and large walk in closet. Upstairs there is also two additional sunny rooms with an additional bonus room which is perfect for an office or exercise room. The downstairs also offers a private guest suit with door to access the beautiful yard. The neutral colors provide a harmonious background for any color scheme. Barely lived in and easy to show. Assessment has been paid in full!

Last Agent to Sell the Property

Diana Renfroe

Dickson Realty - Caughlin License #BS.24936 Listed on: 06/16/2017

Dickson Realty - Caughlin

Last Buyer's Agent

Kelly Tripp

Ferrari-Lund Real Estate Reno License #S.49415

Ferrari-Lund Real Estate Reno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,178

Year Built

  • Built in 2013

Lot Details

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

HOA Fees

  • $233 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Property Views

  • Mountain
  • Desert
  • Valley

Home Design

  • Brick or Stone Mason
  • Frame Construction
  • Pitched Roof
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,542 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Separate Formal Living Room
  • Library
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • No Kitchen Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • 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
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 23263307

Community Details

Overview

  • Association fees include snow removal
  • $618 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

  • Common Area
  • Sauna
  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa
  • Life Guard
  • Snow Removal

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,178

Year Built

Built in 2013

Lot Details

0

HOA Fees

$466 per month

Parking

3

Listing Details

  • Year Built: 2013
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Common Area, Landscaped, Level, 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, Gated, Life Guard, Maintenance Grounds, Pool, Sauna, Spa/Hot Tub, Tennis Court(s), Clubhouse/Recreation Room
  • Association Fees: 233.0
  • Association Fee Frequency: Monthly
  • Association Fee Inclusions: Snow Removal
  • Has H O A?: Yes
  • Co List Office Mls Id: 136-o
  • Co List Office Phone: 775-746-7000
  • Directions: 4th Roundabout/Evening Rock/Timaru/Laurel Ridge
  • Has Cooling?: Yes
  • Has Fireplace?: Yes
  • Living Area: 3542.0
  • 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: 7178.39
  • Tax Legal Zoning4: PUD
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 233.0
  • 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: 618.0
  • 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
  • Water Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Cooling Refrigerated: Yes
  • Appliances Disposal: Yes
  • Other Equipment Satellite Dish: 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 Gated: Yes
  • Association Amenities Maintenance Grounds: Yes
  • Association Amenities Tennis Court(s): Yes
  • Association Amenities Clubhouse Recreation Room: Yes
  • Association Fee Includes Snow Removal2: Yes
  • Fencing Partial2: Yes
  • Security Features Security Fence: Yes
  • Water Heater Gas5: Yes
  • Construction Materials Stucco: Yes
  • Fireplace Features Gas Log: Yes
  • Sprinklers Automatic: Yes
  • View Desert: Yes
  • View Valley: Yes
  • Other Rooms Entrance Foyer2: Yes
  • Construction Materials Frame: Yes
  • Lot Features Common Area3: 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: First Service Residential
  • Association Amenities Life Guard: Yes
  • Association Details Management Company Phone5: 775-624-8805
  • Appliances Double Oven: Yes
  • Appliances Included As Personal Property Gas Cooktop2: Yes
  • Appliances None2: Yes
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Gas Cooktop, Microwave, None
  • Flooring: Carpet, Ceramic Tile
  • Other Equipment: Satellite Dish
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 2
  • Interior Amenities: Breakfast Bar, High Ceilings, Kitchen Island, Pantry, Walk-In Closet(s)
  • Window Features: Blinds, Double Pane Windows, Vinyl Frames
  • Interior Bathrooms Half: 1
  • Interior Living Area4: 3542.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Interior Features High Ceilings: Yes
  • Interior Features Breakfast Bar: Yes
  • Window Features Double Pane Windows: Yes
  • Window Features Vinyl Frames: Yes
  • Living Room Features Separate Formal Room: Yes
  • Dining Room Features Separate Formal Room2: Yes
  • Kitchen Features Breakfast Bar2: Yes
  • Window Features Blinds: Yes
  • Primary Bedroom Features Double Sinks: Yes
  • Interior Fireplaces Total2: 2.0
  • Primary Bedroom Features Shower Stall: Yes
  • Flooring Ceramic Tile: Yes
  • Laundry Features Cabinets2: Yes
  • Laundry Features Laundry Area: Yes
  • Laundry Features Laundry Room: Yes
  • Dining Room Features High Ceilings3: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Primary Bedroom Features High Ceilings6: Yes
  • Primary Bedroom Features Garden Tub: Yes
  • Fireplace Features Family Room: Yes
  • Interior Features Kitchen Island: Yes
  • Interior Features Walk- In Closet(s): 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
  • Fireplace Features Primary Bedroom: Yes
  • Family Room Features Great Room5: Yes
  • Other Rooms Bedroom Office Main Floor: Yes
  • Other Rooms Study Library: Yes
  • Kitchen Features Built- In Double Oven: Yes
  • Kitchen Features Gas Cooktop3: Yes

Exterior Features

  • Roof: Pitched, Tile
  • Stories: 2
  • View: Desert, Mountain(s), Valley
  • Construction Type: Frame, 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, 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: 23263307
  • Fencing: Back Yard, Partial
  • Lot Size Sq Ft: 18295.2
  • Zoning: PUD

Tax Info

  • Tax Annual Amount: 7178.39

MLS Schools

  • Elementary School: Westergard
  • HighSchool: Mc Queen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2021
Sold by
Rush Benjamin Tyler and Rush Lisa Marie
Bought by
Rossman Michael and Rossman Dusty
Current Estimated Value
$1,314,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Outstanding Balance
$661,205
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$651,509

Purchase Details

Listed on
Jun 16, 2017
Closed on
Aug 29, 2017
Sold by
Bourgon Virgil R and Bourgon Mary J
Bought by
Rush Benjamin Tyler and Rush Lisa Marie
Seller's Agent
Diana Renfroe
Dickson Realty - Caughlin
Buyer's Agent
Kelly Tripp
Ferrari-Lund Real Estate Reno
List Price
$848,000
Sold Price
$815,000
Premium/Discount to List
-$33,000
-3.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%
Original Mortgage
$640,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2012
Sold by
Somerset Ledges 2010 Llc
Bought by
Mountain View 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
$350,247
Interest Rate
3.27%
Mortgage Type
Unknown

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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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
Rossman Michael $1,001,500 First Centennial Reno
Rush Benjamin Tyler $815,000 First Centennial Reno
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
Open Rossman Michael $150,000
Closed Rossman Michael T $130,000
Open Rossman Michael $725,000
Previous Owner Rush Benjamin Tyler $623,000
Previous Owner Rush Benjamin Tyler $640,000
Previous Owner Bourgon Virgil R $417,000
Previous Owner Mountain View Ledges Llc $350,247
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
08/30/2017 08/30/17 Sold $815,000 -3.9% $230 / Sq Ft
08/04/2017 08/04/17 Pending -- -- --
06/16/2017 06/16/17 For Sale $848,000 +47.6% $239 / Sq Ft
07/31/2013 07/31/13 Sold $574,713 +8.0% $164 / Sq Ft
07/08/2013 07/08/13 Pending -- -- --
03/28/2013 03/28/13 For Sale $532,000 -- $152 / 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 $9,501 $317,502 $70,455 $247,047
2024 $9,501 $311,887 $64,050 $247,837
2023 $9,227 $309,134 $75,250 $233,884
2022 $8,959 $259,410 $65,450 $193,960
2021 $8,293 $242,591 $50,400 $192,191
2020 $8,050 $245,317 $53,550 $191,767
2019 $7,814 $226,095 $41,195 $184,900
2018 $7,585 $216,063 $36,190 $179,873
2017 $7,367 $215,558 $36,190 $179,368
2016 $7,178 $215,416 $32,795 $182,621
2015 $1,795 $213,684 $30,905 $182,779
2014 $6,940 $206,137 $30,695 $175,442
2013 -- $102,982 $11,025 $91,957
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 170008647

Northern Nevada Regional MLS

APN: 232-633-07