NOT LISTED FOR SALE

Estimated Value: $1,761,000 - $2,152,000

4 Beds
4.5 Baths
5,295 Sq Ft
$379/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $1,950,000 $368 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $12,424/month

11 Days on Market

Highlights

  • In Ground Spa
  • Gated Community
  • Fireplace in Primary Bedroom
  • Custom Home
  • 0.3 Acre Lot
  • Main Floor Primary Bedroom

About This Home

As of March 2024

This exquisite contemporary custom home is situated within the secure confines of Regency at The Lakes, a guard-gated community. Its prime location offers proximity to Downtown Summerlin. Inspired from Frank Lloyd Wright's architectural style, this residence has been meticulously designed & furnished by professionals, making it a coveted trophy property. Among its notable features are four en-suite bedrooms & a private front courtyard. Inside, you'll find impressive amenities such as a home theater, an exercise room, a dedicated home office, & two wet bars. The timeless architecture & high-end interior finishes create an ambiance of luxury & sophistication. The property is adorned with mature landscaping & showcases extensive use of stone, granite counters, custom cabinets, custom lighting fixtures, stainless steel appliances, & tile flooring in high-traffic areas. The secluded backyard boasts a spacious spa, a mesmerizing water feature, & ample space for entertaining.

Last Agent to Sell the Property

Eric Gorton

Simply Vegas Brokerage Phone: (702) 296-2254 License #S.0062396 Listed on: 01/12/2024

Simply Vegas

Last Buyer's Agent

Rachel Agai

Dadon Real Estate License #S.0172994

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,741

Year Built

  • Built in 2007

Lot Details

  • 0.3 Acre Lot
  • South Facing Home
  • Back Yard Fenced
  • Block Wall Fence
  • Desert Landscape
  • Artificial Turf
  • Property is in good condition

HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Storage or Cabinetry

Home Design

  • Custom Home
  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 5,295 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Great Room
  • Tile Flooring

Kitchen

  • Built-In Gas Oven
  • Gas Cooktop
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Sink Near Laundry
  • Laundry Cabinets
  • Gas Dryer Hookup

Outdoor Features

  • In Ground Spa
  • Balcony
  • Courtyard
  • Covered patio or porch
  • Built-In Barbecue

Schools

  • Ober Elementary School
  • Fertitta Frank & Victoria Middle School
  • Bonanza High School

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Underground Utilities

Additional Features

  • Accessibility Features
  • Energy-Efficient Windows with Low Emissivity

Community Details

Overview

  • Association fees include reserve fund, security
  • Regency/The Lakes Association, Phone Number (702) 262-9091
  • Regency At The Lakes Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,741

Year Built

Built in 2007

Lot Details

0

HOA Fees

$350 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3
  • Ownership: Single Family Residential
  • Subdivision Name: Regency At The Lakes
  • Directions: From Fort Apache and Sahara | West on Lake South | Left on Delta Point Way to Forest Springs Dr to guard gate | Right on Hidden Knoll to home.
  • Architectural Style: Two Story, Custom
  • Carport Y N: No
  • Garage Yn: Yes
  • Efficiency: Windows
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 2007
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: (702) 296-2254
  • Special Features: None
  • Stories: 2
  • Year Built: 2007

Interior Features

  • Furnished: Unfurnished
  • Spa Features: In Ground, Outdoor Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Gas Oven, Dishwasher, Gas Cooktop, Disposal, Microwave, Refrigerator, Warming Drawer
  • Accessibility Features: Accessibility Features
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Gas, Great Room, Primary Bedroom
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Tile
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Primary Downstairs, Skylights, Central Vacuum
  • Living Area: 5295.0
  • Window Features: Double Pane Windows, Low-Emissivity Windows, Skylight(s)

Exterior Features

  • Fencing: Block, Back Yard
  • Lot Features: 1/4 to 1 Acre Lot, Desert Landscaping, Landscaped, Rocks, Synthetic Grass
  • Pool Private: No
  • View: None
  • View: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Frame, Stucco
  • Direction Faces: South
  • Exterior Features: Built-in Barbecue, Balcony, Barbecue, Courtyard, Patio, Private Yard
  • Patio And Porch Features: Balcony, Covered, Patio
  • Property Condition: Good Condition, Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Finished Garage, Garage, Private, Storage

Utilities

  • Laundry Features: Cabinets, Electric Dryer Hookup, Gas Dryer Hookup, Main Level, Laundry Room, Sink
  • Cooling: Central Air, Electric, 2 Units
  • Cooling Y N: Yes
  • Heating: Central, Gas, Multiple Heating Units
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Gated, Guard, Security
  • Association #2 Fee: 273.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 77.0
  • Association Fee Frequency: Monthly
  • Association Name: Regency/The Lakes
  • Phone: 702-262-9091
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Reserve Fund, Security

Schools

  • Elementary School: Ober, D'Vorre & Hal,Ober, D'Vorre & Hal
  • High School: Bonanza
  • Middle Or Junior School: Fertitta Frank & Victoria

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 13068.0
  • Additional Parcels Description: ---
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9741.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2024
Closed on
Feb 27, 2024
Sold by
Cincotta Frank and Cincotta Joseph
Bought by
Elimlich Yosef and Elimlich Tmira
Seller's Agent
Eric Gorton
Simply Vegas
Buyer's Agent
Rachel Agai
Dadon Real Estate
List Price
$1,999,990
Sold Price
$1,950,000
Premium/Discount to List
-$49,990
-2.5%
Total Days on Market
11
Views
27
Current Estimated Value
$2,004,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,269
Avg. Annual Appreciation
2.26%
Original Mortgage
$1,755,000
Outstanding Balance
$1,732,591
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$271,678

Purchase Details

Listed on
Mar 1, 2019
Closed on
May 21, 2019
Sold by
Patel Jagdish M and Patel Amita J
Bought by
Cincotta Frank and Cincotta Joseph
Seller's Agent
Ivan Sher
IS Luxury
Buyer's Agent
Eric Gorton
Simply Vegas
List Price
$1,350,000
Sold Price
$1,275,000
Premium/Discount to List
-$75,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.24%

Purchase Details

Closed on
Dec 10, 2012
Sold by
Patel Jagdish M and Patel Amita J
Bought by
Patel Jagdish M and Patel Amita J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,400
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2007
Sold by
Patel Jagdish M and Patel Amita J
Bought by
The Jack & Amita Patel Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2007
Sold by
Patel Jagdish M and Patel Amita J
Bought by
Patel Jagdish M and Patel Amita J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2006
Sold by
Patel Jagdish M and Patel Amita J
Bought by
Patel Jagdish M and Patel Amita J

Purchase Details

Closed on
Jan 12, 2005
Sold by
Bell Scott
Bought by
Patel Jagdish M and Patel Amita J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.87%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 26, 2004
Sold by
Wilson Larcellous J
Bought by
Aurora Loan Services Inc

Purchase Details

Closed on
Jun 13, 1997
Sold by
Collins Brian M
Bought by
Collins Brian M and Collins Julie M

Purchase Details

Closed on
Mar 27, 1997
Sold by
Collins M M
Bought by
Collins Brian M
Source: Public Records

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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
Elimlich Yosef $1,999,990 First American Title
Cincotta Frank $1,275,000 First American Title
Patel Jagdish M -- Old Republic Title Co
The Jack & Amita Patel Family Trust -- None Available
Patel Jagdish M -- Ticor Title Of Nevada Inc
Patel Jagdish M -- None Available
Patel Jagdish M $350,000 Old Republic Title Co Of Nv
Aurora Loan Services Inc $1,659,213 Fidelity National Title
Collins Brian M -- --
Collins Brian M -- National Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elimlich Yosef $1,755,000
Previous Owner Patel Jagdish M $379,400
Previous Owner Patel Jagdish M $400,000
Previous Owner Patel Jagdish M $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $1,950,000 -2.5% $368 / Sq Ft
01/24/2024 01/24/24 Pending -- -- --
01/12/2024 01/12/24 For Sale $1,999,990 +56.9% $378 / Sq Ft
05/31/2019 05/31/19 Sold $1,275,000 -5.6% $241 / Sq Ft
05/01/2019 05/01/19 Pending -- -- --
03/01/2019 03/01/19 For Sale $1,350,000 -- $255 / Sq Ft
Source: Las Vegas REALTORS®

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 $10,520 $547,595 $126,700 $420,895
2024 $9,741 $547,595 $126,700 $420,895
2023 $9,741 $474,317 $79,100 $395,217
2022 $9,457 $436,792 $73,500 $363,292
2021 $9,182 $413,286 $69,300 $343,986
2020 $8,912 $408,126 $67,900 $340,226
2019 $8,803 $394,212 $58,800 $335,412
2018 $8,400 $381,267 $58,800 $322,467
2017 $12,293 $374,885 $49,000 $325,885
2016 $7,951 $294,000 $31,500 $262,500
2015 $7,938 $271,250 $31,500 $239,750
2014 $7,706 $245,000 $22,750 $222,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2552481

Las Vegas REALTORS®

APN: 163-07-415-013