$653,820 - $723,000
RENTED JUN 10, 2025

11620 Observation Point Ave Las Vegas, NV 89138

3 Beds
2.5 Baths
1,652 Sq Ft
$421 Price per Sq Ft

Last Sold December 18, 2023

Last sale price $599,900 $363 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,213/month

Highlights

  • Gated Community
  • Park
  • Tile Flooring
  • William Lummis Elementary School Rated 9+
  • Laundry Room
  • Desert Landscape

About This Home

As of June 2025

STUNNING LIKE NEW SINGLE-FAMILY HOME 3 BEDROOM / 2.5 BATHROOMS, WITH 2 CAR GARAGE, FEW STEPS TO THE FRONT ENTRYWAY, LIVING ROOM AREA W/WOOD LIKE LAMINATE FLOORING, OPEN KITCHEN CONCEPT, SOLID COUNTERTOPS, STAINLESS STEEL APPLIANCES INCLUDED, ALL WHITE CABINETS, PANTRY AREA, BLINDS, RECESS LIGHTING, SEPARATE LAUNDRY ROOM AREA WITH CABINETS SPACE TOO!, , COZY DINING AREA, 1/2 BATH DOWNSTAIRS, ALL BEDROOMS ARE CARPETED, PRIMARY BEDROOM CARPETED, BLINDS, LARGE WALK-IN CLOSEST, PRIMARY BATHROOM W/ DOUBLE SINKS, TILED FLOORING, SEPARATE SHOWER AREA, BACKYARD AREA W/ ARTIFICIAL TURF, COVERED PATIO AREA, NICE SIZE YARD, THIS PLACE IS A MUST SEE AND IT WILL NOT LAST!

Last Agent to Rent the Property

Heather H

Brady Realty Group, LLC Brokerage Phone: 702-818-5500 License #B.0144554 Listed on: 04/07/2025

Last Renter's Agent

Heather H

Brady Realty Group, LLC Brokerage Phone: 702-818-5500 License #B.0144554 Listed on: 04/07/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,176

Year Built

  • Built in 2023

Lot Details

  • 4,356 Sq Ft Lot
  • South Facing Home
  • Back Yard Fenced
  • Stucco Fence
  • Desert Landscape
  • Artificial Turf
  • Property is in good condition

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,652 Sq Ft Home
  • 2-Story Property
  • Blinds

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Dryer

Schools

  • Lummis Elementary School
  • Becker Middle School
  • Palo Verde High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $2,800
  • Property Available on 4/7/25
  • Tenant pays for cable TV, electricity, gas, grounds care, sewer, trash collection, water
  • 12 Month Lease Term

Community Details

Overview

  • Property has a Home Owners Association
  • Thoroughbred Mgmt Association, Phone Number (725) 249-9319
  • Crested Canyon 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

$6,176

Year Built

Built in 2023

Lot Details

0

Parking

2

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Cable TV, Electricity, Gas, Grounds Care, Sewer, Trash Collection, Water
  • Available Date: 2025-04-07
  • Security Deposit: 2800.0
  • Pet Deposit: 300.0
  • Pets Allowed: Yes

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.1
  • Subdivision Name: Crested Canyon
  • Directions: FROM 215 & RAINBOW, HEAD NORTH ON RAINBOW BLVD. TURN LEFT (WEST) ON W CHARLESTON BLVD. CONTINUE WEST PAST RED ROCK CASINO. TURN RIGHT ON RED ROCK RANCH RD. CONTINUE STRAIGHT THROUGH ROUNDABOUTS. TURN RIGHT ON RED SPRINGS DR. TURN LEFT ON OBSERVATION RIDGE DR. THEN LEFT ON OBSERVATION POINT. PROPERTY WILL BE ON THE LEFT.
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 2023
  • Attribution Contact: 702-818-5500
  • Special Features: 4098
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer/Dryer, Washer/DryerAllInOne, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Laminate, Other, Tile
  • Interior Amenities: Window Treatments
  • Living Area: 1652.0
  • Window Features: Blinds

Exterior Features

  • Fencing: Back Yard, Stucco Wall
  • Lot Features: Desert Landscaping, Landscaped, Synthetic Grass
  • Pool Private: No
  • Disclosures: Principal is Real Estate Licensed, Covenants/Restrictions Disclosure
  • Construction Type: Frame, Stucco
  • Direction Faces: South
  • Property Condition: Good Condition
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage, Private

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Upper Level
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Gated, Park
  • Association: Thoroughbred Mgmt
  • Association Phone #2: 725-249-9319
  • Association: Yes
  • Pets Allowed: Yes, Negotiable

Schools

  • Elementary School: Lummis, William,Lummis, William
  • High School: Palo Verde
  • Middle Or Junior School: Becker

Lot Info

  • Lot Size Sq Ft: 4356.0
  • Additional Parcels Description: ---
  • Zoning Description: Single Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2023
Closed on
Dec 18, 2023
Sold by
William Lyon Hms Inc
Bought by
Kangkyu Chad Shin Revocable Trust and Shin
Seller's Agent
Frank Gargano
Real Estate Consultants of Nv
Buyer's Agent
Delinda Crampton
BHHS Nevada Properties
List Price
$649,580
Sold Price
$599,900
Premium/Discount to List
-$49,680
-7.65%
Views
30
Current Estimated Value
$694,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,805
Avg. Annual Appreciation
8.44%
Original Mortgage
$479,920
Outstanding Balance
$472,343
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$222,362
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
Kangkyu Chad Shin Revocable Trust $599,900 Inspired Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kangkyu Chad Shin Revocable Trust $479,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2025 06/10/25 Rented $2,775 0.0% --
05/12/2025 05/12/25 Under Contract -- -- --
04/29/2025 04/29/25 Price Changed $2,775 -0.9% $2 / Sq Ft
04/07/2025 04/07/25 For Rent $2,800 +1.8% --
05/03/2024 05/03/24 Rented $2,750 0.0% --
04/19/2024 04/19/24 Under Contract -- -- --
04/02/2024 04/02/24 Price Changed $2,750 -1.6% $2 / Sq Ft
03/15/2024 03/15/24 Price Changed $2,795 -3.6% $2 / Sq Ft
02/29/2024 02/29/24 For Rent $2,900 0.0% --
12/18/2023 12/18/23 Sold $599,900 0.0% $364 / Sq Ft View Prior Sale
10/31/2023 10/31/23 Pending -- -- --
09/14/2023 09/14/23 Price Changed $599,900 -7.6% $364 / Sq Ft
07/18/2023 07/18/23 For Sale $649,580 -- $394 / 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 $6,176 $196,475 $67,550 $128,925
2024 $2,069 $196,475 $67,550 $128,925
2023 $2,069 $63,028 $63,000 $28
2022 $2,068 $63,000 $63,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2671912

Las Vegas REALTORS®

APN: 137-14-416-043