NOT LISTED FOR SALE

8596 Gypsy Hill Trail Reno, NV 89523

Somersett Neighborhood

Estimated Value: $972,000 - $1,262,000

3 Beds
3.5 Baths
2,230 Sq Ft
$478/Sq Ft Est. Value

Last Sold August 26, 2013

Last sale price $465,697 $209 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $6,872/month

Highlights

  • Golf Course Community
  • 0.37 Acre Lot
  • Separate Formal Living Room
  • Fitness Center
  • Mountain View
  • Bonus Room

About This Home

As of August 2013

Semi-custom quality built home with a view! The builder is award winning quality local builder, TMB Builders, LLC.

Last Agent to Sell the Property

Jennifer Jory

Haute Properties NV License #B.1001697 Listed on: 08/24/2013

Haute Properties NV

Last Buyer's Agent

Jennifer Jory

Haute Properties NV License #B.1001697 Listed on: 08/24/2013

Haute Properties NV

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,640

Year Built

  • Built in 2013

Lot Details

  • 0.37 Acre Lot
  • Property is Fully Fenced
  • Landscaped
  • Lot Sloped Down
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Property is zoned PUD

HOA Fees

  • $230 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Composition Roof
  • Stick Built Home
  • Stucco

Interior Spaces

  • 2,230 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Great Room
  • Separate Formal Living Room
  • Library
  • Bonus Room
  • Game Room
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Porcelain Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Laundry Cabinets

Basement

  • Walk-Out Basement
  • Crawl Space

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Heating 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 23263304
  • $5,000 per year additional tax assessments

Community Details

Overview

  • $618 HOA Transfer Fee
  • Rmi Management Association
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Golf Course Community
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,640

Year Built

Built in 2013

Lot Details

0

HOA Fees

$460 per month

Parking

3

Listing Details

  • Year Built: 2013
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Landscaped, Sloped Down, Sprinklers In Front
  • Lot Size Acres: 0.37
  • Road Frontage Type: Other
  • Has View?: Yes
  • Security Features: Smoke Detector(s)
  • Association Amenities: Fitness Center, Golf Course, Pool
  • Association Fees: 230.0
  • Association Fee Frequency: Monthly
  • Has H O A?: Yes
  • Co List Office Mls Id: 2013-o
  • Co List Office Phone: 775-525-1448
  • Directions: Somersett Pkwy to 4th round about/timaru/laurel r
  • Has Fireplace?: No
  • Living Area: 2230.0
  • 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: 6640.0
  • Tax Legal Zoning4: PUD
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 230.0
  • Building Stories5: 1
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 0.37
  • Lot Lot Size Square Feet2: 16117.2
  • Lot Horse Y N2: No
  • Association Details Transfer Fee: 618.0
  • Lot View Y N2: Yes
  • Lot Features Landscaped: Yes
  • Lot Features Sloped Down: Yes
  • Foundation Details Crawl Space: 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
  • 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
  • Water Heater Gas5: Yes
  • Construction Materials Stucco: Yes
  • Sprinklers Automatic: Yes
  • Other Rooms Bonus Room2: Yes
  • Other Rooms Game Room3: Yes
  • Other Rooms Walk- Out Daylight Basement: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: RMI Management
  • Association Amenities Golf Course: Yes
  • Water Heater Recirculating: Yes
  • Tax Legal Tax Other Annual Assessment Amount3: 5000.0
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave
  • Flooring: Carpet, Porcelain
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, High Ceilings, Kitchen Island, Pantry, Walk-In Closet(s)
  • Window Features: Double Pane Windows, Low-Emissivity Windows, Vinyl Frames
  • Interior Bathrooms Half: 1
  • Interior Living Area4: 2230.0
  • Interior Fireplace Y N: No
  • 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
  • Primary Bedroom Features Double Sinks: Yes
  • Primary Bedroom Features Shower Stall: Yes
  • Laundry Features Cabinets2: Yes
  • Laundry Features Laundry Area: Yes
  • Kitchen Features Built- In Dishwasher: 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
  • Family Room Features High Ceilings4: Yes
  • Kitchen Features Built- In Microwave: Yes
  • Kitchen Features Kitchen Island2: Yes
  • Primary Bedroom Features Bathtub: Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes
  • Family Room Features Great Room5: Yes
  • Other Rooms Study Library: Yes
  • Flooring Porcelain: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Shingle
  • Stories: 1
  • View: Mountain(s)
  • Construction Type: Stucco
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Patio
  • Association Amenities Pool: Yes
  • Roof Composition: Yes
  • Roof Shingle: 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
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • 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

Schools

  • Middle Or Junior School: Billinghurst

Lot Info

  • Parcel Number: 23263304
  • Fencing: Full
  • Lot Size Sq Ft: 16117.2
  • Zoning: PUD

Tax Info

  • Tax Annual Amount: 6640.0

MLS Schools

  • Elementary School: Westergard
  • HighSchool: Mc Queen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2013
Closed on
Aug 7, 2013
Sold by
Mountain View Ledges Llc
Bought by
Tasker John D
Seller's Agent
Jennifer Jory
Haute Properties NV
Buyer's Agent
Jennifer Jory
Haute Properties NV
List Price
$465,697
Sold Price
$465,697
Current Estimated Value
$1,082,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$616,773
Avg. Annual Appreciation
7.26%
Original Mortgage
$334,125
Interest Rate
4.51%
Mortgage Type
VA

Purchase Details

Closed on
Feb 9, 2013
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
$247,109
Interest Rate
3.29%
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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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
Tasker John D $466,000 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
Open Tasker John D $278,261
Closed Tasker John D $318,071
Closed Tasker John D $334,125
Previous Owner Mountain View Ledges Llc $247,109
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
08/26/2013 08/26/13 Sold $465,697 0.0% $209 / Sq Ft
08/24/2013 08/24/13 Pending -- -- --
08/24/2013 08/24/13 For Sale $465,697 -- $209 / 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 $6,173 $227,112 $70,455 $156,657
2024 $5,994 $221,132 $64,050 $157,082
2023 $5,994 $223,501 $75,250 $148,251
2022 $5,820 $188,624 $65,450 $123,174
2021 $5,651 $172,303 $50,400 $121,903
2020 $5,482 $175,234 $53,550 $121,684
2019 $5,323 $157,521 $41,195 $116,326
2018 $5,168 $149,863 $36,190 $113,673
2017 $5,018 $149,551 $36,190 $113,361
2016 $4,892 $148,325 $32,795 $115,530
2015 $4,880 $146,112 $30,905 $115,207
2014 $4,738 $141,611 $30,695 $110,916
2013 -- $49,680 $11,025 $38,655
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 130010889

Northern Nevada Regional MLS

APN: 232-633-04