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8524 Gypsy Hill Trail

8524 Gypsy Hill Trail, Reno, NV 89523
House in Somersett
Sold Apr 16, 2019
$832,500
$300,000 by Amerisave Mortgage Corp
Mortgage Due Nov 01, 2050
Sold Mar 27, 2019
$832,500
8524 Gypsy Hill Trail in Reno, NV was first built in 2012 and is 12 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 8524 Gypsy Hill Trail has 3,271 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 14,547 square feet.

Learn more about the property and building on this page. There is a unknown. The roof of the home is made of concrete. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 906 sqft. There are a total of 4 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The exterior walls of the home are made of a combination of material. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 8524 Gypsy Hill Trail was last sold in Mar 21, 2019 for $832,500. According to our calculations, that's $199.31 per sqft. Prior to that sales transaction, the property was sold for $832,500 in Mar 21, 2019. Current property owners are expected to pay $7,494 in taxes per year. The property on 8524 Gypsy Hill Trail was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $273,509. To break that down further, the land itself was valued at $64,050. While improvements to the property were assessed at a total of $209,459. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Stucco Exterior

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • 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: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 906
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 14,547
  • Total Building Area: 4,177
  • Gross Building Area: 5,300
  • Building Area: 3,271
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,271
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 2E @ SOMERSETT
  • Land Acres: 0.334
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2E @ SOMERSETT AMD LOT 27

Ownership

  • Current Owner : KASSER RONALD M
  • Current Owner 2: KASSER DEBORAH Y
  • Previous Owner : SCHERMERHORN ARTHUR W
  • Previous Owner 2: SCHERMERHORN ANDRENA A
  • Owner Before Previous Owner: SCHERMERHORN ARTHUR W
  • Owner Before Previous Owner 2: SCHERMERHORN ANDRENA A
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: PD

Geography

  • Assessors Map Reference: 232-62
  • Parcel: 232-623-18
  • Lot: 27
  • Meridian: SEC 11 TWN 19N RNG 18E
  • Municipality: CITY OF RENO - VERDI T.V.
  • Latitude: 39.5277
  • Longitude: -119.932

    Address

  • Full Address: 8524 Gypsy Hill Trl
  • Address - House Number: 8524
  • Address - Street Name: Gypsy Hill
  • Address - Suffix Type: Trl
  • State: NV
  • City Name: Reno
  • Carrier Code: R123
  • 4-Digit Zip Code: 3876
  • Zip Code: 89523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,494
  • Tax Rate Code Area: 1011

    Appraisal Valuation

  • Standard Deviation: 0.1591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 1,075,763
  • High Value: 1,246,991
  • Low Value: 904,535

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: AMERISAVE MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Nov 04, 2020
  • First Open Lien Mortgage Loan Amount: $300,000
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $608,915
  • Market Land Value: $144,000
  • Market Improvement Value: $464,915

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $273,509
  • Assessed Land Value: $64,050
  • Assessed Improvements Value: $209,459

    Sales

  • Current Sale Contract Date: Mar 21, 2019
  • Current Sale Recording Date: Apr 16, 2019
  • Current Sale Transaction ID: 11598483742
  • Current Sale Price: $832,500
  • Current Sale Document Type: Re-recorded Document
  • Current Sale Input Document Number: 4902510
  • Previous Sale Recording Date: Mar 27, 2019
  • Previous Sale Contract Date: Mar 21, 2019
  • Previous Sale Amount: $832,500
  • Previous Sale Document Type: Bargain and Sale Deed

About Somersett



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Frequently Asked Questions

What neighborhood is 8524 Gypsy Hill Trail located in?
The 8524 Gypsy Hill Trail is a house located in the neighborhood of Somersett in Somersett, Reno.
What is the average sales price for listings in 8524 Gypsy Hill Trail?
The average sales price for units in 8524 Gypsy Hill Trail is $0 currently.

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