See Home Value
$983,848*
House - Off Market

1559 Elk Run Trl

Reno, NV 89523
bedrooms
4 Beds
bathrooms
3.5 Baths, 1 Half Bath
square feet
3227 Sqft
$871,000 - $1,063,000
Reference Base Price*
1.74%
Since May 1, 2023
National-US
Primary Model
Sold May 18, 2023
$960,000
$695,000 by Guaranteed Rate Affinity, Llc
Mortgage Due Jun 01, 2053
Sold Apr 14, 2021
$765,000

About This Property

You will be amazed by this stunning 4bed 3.5bath dream home located in the highly sought after Somerset community. Inside you will find an open concept gourmet kitchen/great room with bright natural light for an inviting atmosphere.  Custom finishes and upgrades include a large stainless steel ZLine 6 gas Burner Range w/ hood, extended quartz center island as well as smooth Mission Style finish on walls and ceilings throughout. The primary suite on the main floor includes a retreat, spacious walk-in closet

The manager has listed the unit size as 3227 square feet.
Unit Size
3,227Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$300
Property Type
House
Property Taxes
$543
HOA Dues
$1,205
Year Built
2021

Price History

Date / Event Date Event Price
Apr 17, 2023 No longer available -
No longer available
Apr 15, 2023 Price Decreased $967,000
↓ $20K (2%)
Price Decreased
Mar 5, 2023 Listed $987,000
Listed

Property Highlights

Fireplace
With View

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 18
  • Building Quality: B
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 703
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,500
  • Total Building Area: 3,828
  • Gross Building Area: 3,957
  • Building Area: 3,125
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,125
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SBE @ SOMERSETT
  • Land Acres: 0.149
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SBE @ SOMERSETT LT 124

Ownership

  • Current Owner : WELLMAN KEVIN D
  • Current Owner 2: WELLMAN AGNESE L
  • Previous Owner : HARLEY F AND SARA A THOMPSON FAMILY TRUS
  • Owner Before Previous Owner: PRESTON HOMES LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Washoe County School District
  • Census Tract: 002304

Zoning

  • Zoning: PD

Geography

  • Assessors Map Reference: 234-60
  • Parcel: 234-603-17
  • Lot: 124
  • Municipality: CITY OF RENO - VERDI T.V.
  • Latitude: 39.5251
  • Longitude: -119.943

    Address

  • Full Address: 1559 Elk Run Trl
  • Address - House Number: 1559
  • Address - Street Name: Elk Run
  • Address - Suffix Type: Trl
  • State: NV
  • City Name: Reno
  • Carrier Code: R125
  • 4-Digit Zip Code: 6802
  • Zip Code: 89523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,717
  • Tax Rate Code Area: 1011

    Appraisal Valuation

  • Standard Deviation: 0.154
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 81
  • Final Value: 979,208
  • High Value: 1,130,041
  • Low Value: 828,375

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $695,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE AFFINITY, LLC
  • First Open Lien Mortgage Recording Date: May 18, 2023
  • First Open Lien Mortgage Loan Amount: $695,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2053

    Market Valuation

  • Market Total Value: $541,613
  • Market Land Value: $108,585
  • Market Improvement Value: $433,028

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $273,703
  • Assessed Land Value: $53,067
  • Assessed Improvements Value: $220,636

    Sales

  • Current Sale Contract Date: May 17, 2023
  • Current Sale Recording Date: May 18, 2023
  • Current Sale Transaction ID: 11906873378
  • Current Sale Price: $960,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5381004
  • Previous Sale Recording Date: Apr 14, 2021
  • Previous Sale Contract Date: Apr 13, 2021
  • Previous Sale Amount: $765,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE AFFINITY, LLC
  • First Mortgage Transaction Date: May 18, 2023
  • First Mortgage Loan Amount: $695,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2053



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
3.5 Baths
2,446 ft²
$364/ft²
$889,999 Mar 14, 2023
-
$244/mo

About Somersett


Similar Homes for Sale

Unit for sale at 1536 Elk Run Trail, Reno, NV 89523

$889,999

  • 3 Beds
  • 3.5 Baths
  • 2,446 ft²
1536 Elk Run Trail, Reno, NV 89523 Listing by Mariani Residential Group

Nearby Rentals

Unit for rent at 7801 Morgan Pointe Cir, Reno, NV, 89523

$2,500 /mo

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  • 2 Baths
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7801 Morgan Pointe Cir #7801 Morgan Pointe Cir, Reno, NV, 89523 Listing by Manager
Unit for rent at 7675 Pebblestone Way, Reno, NV, 89523

$2,625 /mo

  • 4 Beds
  • 3 Baths
  • 2,034 ft²
7675 Pebblestone Way #7675 Pebblestone Way, Reno, NV, 89523 Listing by Manager


Frequently Asked Questions

When was property at 1559 Elk Run Trail built and last sold?
The property at 1559 Elk Run Trail was built in 2021 and last sold on May 17, 2023 for $960,000.
How much is this home worth?
The estimated value of the home located at 1559 Elk Run Trail is $1,012,288.
What are some comparable homes to 1559 Elk Run Trail?
Homes that are comparable to 1559 Elk Run Trail include a house property at 1536 Elk Run Trail, located in Reno, NV.

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