NOT LISTED FOR SALE

8644 Eagle Chase Trail Reno, NV 89523

Somersett Neighborhood

Estimated Value: $2,175,000 - $2,887,000

0.68 Acre
$3,723,990 Price per Acre
29,621 Sq Ft Lot

Last Sold February 07, 2020

Last sale price $140,000

Est. 1,709% increase in value since last sale

Current estimated payment $15,632/month

341 Days on Market

Highlights

  • Golf Course View
  • 0.68 Acre Lot
  • Open Lot

About This Lot

As of February 2020

Offering breathtaking panoramic views, this one-of-a-kind lot located within the gated community of Somersett is a must see! This impeccable golf community in NW Reno offers myriad amenities for its residents. Enjoy everything from a stellar outdoor pool with waterpark-style water slide, to private gym and exercise classes, to walking trails throughout the community and dining at Town Centre. Somersett is ideally located for quick access to Truckee, North Lake Tahoe and all that the Sierras has to offer!, Golf memberships available separately. Plans are available for negotiation. Contact listing agent for more details. Please defer to documents for a copy of the CC&R's.

Last Agent to Sell the Property

David Morris

Chase International-Damonte License #BS.4908 Listed on: 02/08/2019

Chase International-Damonte

Last Buyer's Agent

Mary Avalos

Keller Williams Group One Inc. License #S.64851

Keller Williams Group One Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $675

Lot Details

  • 0.68 Acre Lot
  • Property fronts a private road
  • Open Lot
  • Corners Of The Lot Have Been Marked
  • Lot Sloped Down
  • Property is zoned PUD

HOA Fees

  • $222 Monthly HOA Fees

Property Views

  • Golf Course
  • City
  • Mountain
  • Valley

Schools

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

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 23420305

Community Details

Overview

  • Rmi Association
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Common Area

Property Details

Property Type

Land

Est. Annual Taxes

$675

Lot Details

0

HOA Fees

$222 per month

Listing Details

  • Property Type: Land
  • Horses: No
  • Lot Features: Open Lot, Sloped Down, Corners Marked, Curbs
  • Lot Size Acres: 0.68
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Has View?: Yes
  • Association Fees: 222.0
  • Association Fee Frequency: Monthly
  • Has H O A?: Yes
  • Co List Office Mls Id: 1471-o
  • Co List Office Phone: 775-850-5900
  • Directions: Somersett Parkway
  • Tax Legal Zoning4: PUD
  • Lot Features Sloped Down: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Water Rights Water Rights Y N: No
  • View Mountain(s): Yes
  • Lot Features Open Lot: Yes
  • View Valley: Yes
  • View Golf Course2: Yes
  • Road Frontage Type Private Road: Yes
  • Association Details Management Company Name5: RMI
  • Tax Legal Elementary School2: Westergard
  • Tax Legal High School2: Mc Queen
  • Tax Legal Tax Annual Amount3: 674.74
  • Lot Features Adjoins Common Area: Yes
  • Tax Legal Middleor Junior School3: Billinghurst
  • Association Community Association Y N: Yes
  • Lot Lot Size Acres: 0.68
  • Lot View Y N4: Yes
  • Lot Horse Y N4: No
  • Lot Features Corners Marked: Yes
  • Land Details Crops Included Y N: No
  • Land Details Deed Restrictions: Unknown
  • Land Details Easements Y N: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: City, Golf Course, Mountain(s), Valley

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Underground Utilities
  • Water Source: Public
  • Sewer: Public Sewer
  • 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
  • Water Source Public: Yes
  • Utilities Underground Utilities: Yes

Schools

  • Middle Or Junior School: Billinghurst

Lot Info

  • Parcel Number: 23420305
  • Fencing: None
  • Lot Size Sq Ft: 29620.8
  • Crops Included: No
  • Zoning: PUD

Tax Info

  • Tax Annual Amount: 674.74

MLS Schools

  • Elementary School: Westergard
  • HighSchool: Mc Queen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2021
Sold by
Reyes Corral Francisco Javier and Reyes Indra Nallely
Bought by
Reyes Corral Francisco Javier and Reyes Indra Nallely
Current Estimated Value
$2,532,313

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
Outstanding Balance
$459,063
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$2,073,250

Purchase Details

Listed on
Feb 8, 2019
Closed on
Jan 29, 2020
Sold by
Buxton Ian L O and Buxton Wendy E
Bought by
Reyes Corral Francisco J and Reyes Indra Nallely Nunez
Seller's Agent
David Morris
Chase International-Damonte
Buyer's Agent
Mary Avalos
Keller Williams Group One Inc.
List Price
$169,000
Sold Price
$140,000
Premium/Discount to List
-$29,000
-17.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.63%

Purchase Details

Closed on
Apr 13, 2015
Sold by
Computerized Screening Inc
Bought by
Buxton Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 6, 2011
Sold by
Federal Deposit Insurance Corporation
Bought by
Bluth Charles P and Hiuth Cynthia C

Purchase Details

Closed on
Dec 17, 2009
Sold by
Somersett Development Company Ltd
Bought by
Nevada Security Bank
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Reyes Corral Francisco Javier -- Stewart Title Company
Reyes Corral Francisco J $140,000 First Centennial Title Reno
Buxton Living Trust $175,000 First Centennial Reno
Bluth Charles P $850,000 First Centennial Reno
Nevada Security Bank -- Ticor Title Reno
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reyes Corral Francisco Javier $500,000
Previous Owner Buxton Living Trust $122,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2020 02/07/20 Sold $140,000 -11.3% --
01/15/2020 01/15/20 Pending -- -- --
08/05/2019 08/05/19 Price Changed $157,900 -6.6% --
02/08/2019 02/08/19 For Sale $169,000 -- --
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 $23,181 $733,189 $148,400 $584,789
2024 $19,667 $718,804 $134,400 $584,404
2023 $19,667 $682,842 $133,000 $549,842
2022 $18,206 $565,900 $112,000 $453,900
2021 $11,812 $385,932 $84,000 $301,932
2020 $742 $87,651 $86,800 $851
2019 $707 $87,639 $86,800 $839
2018 $675 $60,037 $59,150 $887
2017 $648 $55,476 $54,600 $876
2016 $631 $46,387 $45,500 $887
2015 $166 $25,930 $24,500 $1,430
2014 $322 $8,792 $7,875 $917
2013 -- $9,670 $8,750 $920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 190001655

Northern Nevada Regional MLS

APN: 234-203-05