NOT LISTED FOR SALE

11248 Gibbs Hill Ave Las Vegas, NV 89138

Estimated Value: $670,432 - $723,000

3 Beds
2.5 Baths
2,492 Sq Ft
$278/Sq Ft Est. Value

Last Sold November 04, 2016

Last sale price $335,000 $134 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $4,177/month

51 Days on Market

Highlights

  • Gated Community
  • Mountain View
  • 2 Car Attached Garage
  • Linda Rankin Givens Elementary School Rated 10
  • Porch
  • Double Pane Windows

About This Home

As of November 2016

GATED SUMMERLIN HOME WITH UPGRADES*CUSTOM 2-TONE PAINT*VOLUME CEILINGS*RENOVATED ISLAND KITCHEN WITH PANTRY, NOOK, NEW GRANITE COUNTERS & NEW SINK & FAUCET*LARGE OPEN LIVING/DINING ROOM*SEPARATE FAMILY ROOM WITH GAS FIREPLACE*HUGE MASTER SUITE WITH CEILING FAN, WALK-IN CLOSET, GARDEN TUB & SEPARATE W/I SHOWER*PRIVATE LOT WITH EZ MAINTENANCE LANDSCAPING*COMMUNITY PARK*CONVENIENT LOCATION NEAR SUMMERLIN RETAIL & RESTAURANTS*

Last Agent to Sell the Property

Melissa Zimbelman

LUXE International Realty License #B.0044532 Listed on: 08/14/2016

Last Buyer's Agent

LARRY CHI

Kim's Realty Solutions License #S.0172197

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,429

Year Built

  • Built in 2003

Lot Details

  • 5,227 Sq Ft Lot
  • South Facing Home
  • Wrought Iron Fence
  • Back Yard Fenced
  • Block Wall Fence
  • Drip System Landscaping
  • Property is in very good condition

HOA Fees

Parking

  • 2 Car Attached Garage
  • Inside Entrance
  • Garage Door Opener
  • Guest Parking

Home Design

  • Pitched Roof
  • Tile Roof

Interior Spaces

  • 2,492 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Blinds
  • Family Room with Fireplace
  • Mountain Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Windows
  • Sprinklers on Timer

Outdoor Features

  • Patio
  • Porch

Schools

  • Givens Linda Rankin Elementary School
  • Rogich Sig Middle School
  • Palo Verde High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include management
  • San Marcos Association, Phone Number (702) 942-2500
  • San Marcos Unit 1 Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Park

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,429

Year Built

Built in 2003

Lot Details

0

HOA Fees

$106 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Road Surface Type: Paved
  • Ownership: Single Family Residential
  • Subdivision Name: SAN MARCOS-UNIT 1
  • Directions: WEST ON CHARLESTON FROM 215*RIGHT ON VISTA RUN*RIGHT AT ROUNDABOUT TO PARK VISTA - PAST ALTA*RIGHT INTO SAN MARCOS GATED ENTRANCE*RIGHT ON ANNOTTO BAY TO LEFT ON GIBBS HILL*
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Efficiency: Windows
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 2003
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Association Fee 3 Frequency: Monthly
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 2003

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Window Treatments
  • Living Area: 2492.0
  • Window Features: Blinds, Double Pane Windows, Window Treatments

Exterior Features

  • Fencing: Block, Back Yard, Wrought Iron
  • Lot Features: Drip Irrigation/Bubblers, Landscaped, Rocks, Sprinklers Timer, < 1/4 Acre
  • Pool Private: No
  • View: Mountain(s)
  • View: Yes
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Drywall
  • Direction Faces: South
  • Exterior Features: Porch, Patio, Private Yard, Sprinkler/Irrigation
  • Patio And Porch Features: Patio, Porch
  • Property Condition: Resale, Very Good Condition
  • Roof: Pitched, Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Finished Garage, Garage, Garage Door Opener, Inside Entrance, Private, Guest

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Gated, Park
  • Association Fee: 65.0
  • Association Fee Frequency: Monthly
  • Association Name: San Marcos
  • Phone: 702-942-2500
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly
  • HOA Fee 3: 41.0

Fee Information

  • Association Fee Includes: Association Management

Schools

  • Elementary School: Givens Linda Rankin,Givens Linda Rankin
  • High School: Palo Verde
  • Middle Or Junior School: Rogich Sig

Lot Info

  • Current Use: Residential
  • Horse Amenities: None
  • Lot Size Sq Ft: 5227.0
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2429.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2016
Closed on
Oct 27, 2016
Sold by
Robb Janice
Bought by
Robb David L
Seller's Agent
Melissa Zimbelman
LUXE International Realty
Buyer's Agent
LARRY CHI
Kim's Realty Solutions
List Price
$344,500
Sold Price
$335,000
Premium/Discount to List
-$9,500
-2.76%
Current Estimated Value
$692,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$357,108
Avg. Annual Appreciation
8.74%
Original Mortgage
$268,000
Outstanding Balance
$217,848
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$483,191

Purchase Details

Listed on
Aug 14, 2016
Closed on
Oct 4, 2016
Sold by
Speedwagon Residential Properties Llc
Bought by
Robb David L
Seller's Agent
Melissa Zimbelman
LUXE International Realty
Buyer's Agent
LARRY CHI
Kim's Realty Solutions
List Price
$344,500
Sold Price
$335,000
Premium/Discount to List
-$9,500
-2.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Outstanding Balance
$217,848
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$483,191

Purchase Details

Closed on
Jul 18, 2008
Sold by
Citibank Na
Bought by
Speedwagon Residential Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000,000
Interest Rate
6.32%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 5, 2008
Sold by
James Kathlyn
Bought by
Citibank Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000,000
Interest Rate
6.32%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 21, 2006
Sold by
Vaccarino John A
Bought by
James Kathlyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
7.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 27, 2004
Sold by
Vaccarino Maria L
Bought by
Vaccarino John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 26, 2004
Sold by
Zahriya Mohammad
Bought by
Vascarino John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 10, 2003
Sold by
Kimball Hill San Marcos Ltd Partnership
Bought by
Zahriya Mohammad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,760
Interest Rate
6.37%
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
Robb David L -- Ort Co Of Nevada
Robb David L $335,000 Ort Co Of Nevada
Speedwagon Residential Properties Llc $289,900 Landamerica Title
Citibank Na $441,316 Fidelity National
James Kathlyn $530,000 Lawyers Title Of Nevada
Vaccarino John A -- Fidelity National Title
Vascarino John A $445,000 Fidelity National Title
Zahriya Mohammad $236,400 United Title Of Nevada
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robb David L $268,000
Previous Owner Speedwagon Residential Properties Llc $10,000,000
Previous Owner James Kathlyn $417,000
Previous Owner Vascarino John A $356,000
Previous Owner Zahriya Mohammad $256,000
Previous Owner Zahriya Mohammad $212,760
Closed Vascarino John A $89,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2016 11/04/16 Sold $335,000 -2.8% $134 / Sq Ft
10/05/2016 10/05/16 Pending -- -- --
08/14/2016 08/14/16 For Sale $344,500 0.0% $138 / Sq Ft
05/01/2014 05/01/14 Rented $1,575 -1.6% --
04/01/2014 04/01/14 Under Contract -- -- --
03/15/2014 03/15/14 For Rent $1,600 0.0% --
10/13/2012 10/13/12 Rented $1,600 0.0% --
09/13/2012 09/13/12 Under Contract -- -- --
09/10/2012 09/10/12 For Rent $1,600 -- --
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 $3,947 $152,839 $62,300 $90,539
2024 $3,655 $152,839 $62,300 $90,539
2023 $2,429 $131,984 $46,550 $85,434
2022 $3,385 $116,871 $38,850 $78,021
2021 $3,133 $109,732 $35,700 $74,032
2020 $2,906 $107,610 $34,300 $73,310
2019 $2,722 $102,702 $30,450 $72,252
2018 $2,595 $93,325 $24,500 $68,825
2017 $3,087 $93,974 $24,500 $69,474
2016 $2,429 $87,446 $17,850 $69,596
2015 $2,424 $82,933 $15,750 $67,183
2014 $2,349 $69,307 $12,250 $57,057
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1824206

Las Vegas REALTORS®

APN: 137-35-512-037