$525,000
SOLD MAR 7, 2017

12 Olympia Summit Dr Las Vegas, NV 89141

Southern Highlands Neighborhood
0.53 Acre
$990,566 Price per Acre
23,087 Sq Ft Lot

Recently Sold

19% Below List Price

198 Days on Market

About This Lot

As of March 2023

Custom lot located on the foothills of Augusta Canyon inside the guard-gated of Southern Highlands Golf Club with views of the strip and city lights. DEVELOPER LOT SALE. NO CONSTRUCTION PENALTIES IF HOME IS COMPLETED WITHIN 60 MOS. OF LOT SALE.

Last Agent to Sell the Property

Mitch McClellan

Southern Highlands Realty Corp License #B.0031705 Listed on: 07/21/2016

Last Buyer's Agent

Joseph Pessin

Realty ONE Group, Inc License #BS.0032281

Realty ONE Group, Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $604

Lot Details

  • 0.53 Acre Lot
  • Property is in good condition

HOA Fees

  • $642 Monthly HOA Fees

Utilities

  • Underground Utilities
  • Not Connected to Water Source
  • Not Connected to Sewer

Community Details

Overview

  • Sh Community Assoc Association, Phone Number (702) 361-6640
  • Parcel 315 At Southern Highlan Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$604

Lot Details

0

HOA Fees

$642 per month

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.53
  • Subdivision Name: PARCEL 315 AT SOUTHERN HIGHLAN
  • Directions: FR I-15, TAKE SOUTHERN HIGHLANDS PKWY EXIT. TURN LEFT ON STONEWATER TO AUGUSTA CANYON GUARD GATE. GUARD WILL DIRECT YOU.
  • ResoPropertyType: Land
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Property Condition: Good Condition

Utilities

  • Security: Gated Community
  • Electric: Underground
  • Sewer: Not Connected (at lot), Public Sewer
  • Water Source: Not Connected (at lot), Public

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 642.0
  • Association Fee Frequency: Monthly
  • Association Name: SH COMMUNITY ASSOC
  • Phone: 702-361-6640
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Additional Parcels Description: NumParcels:1
  • Zoning Description: Family-1/2-2 Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 604.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
Mar 30, 2023
Sold by
Zemsky Paul and Zemsky Lori
Bought by
Sidberry Lerone A and Carter-Sidberry Gwyneeda
Seller's Agent
Tom Love
The Tom Love Group LLC
Buyer's Agent
Mitch Fulfer
Huntington & Ellis, A Real Est
List Price
$999,900
Sold Price
$999,900
Current Estimated Value
$1,131,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,786
Avg. Annual Appreciation
7.07%
Original Mortgage
$799,900
Outstanding Balance
$783,836
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$386,207

Purchase Details

Listed on
Feb 2, 2018
Closed on
Mar 23, 2018
Sold by
Borden Michael and Borden Teresa
Bought by
Zemsky Paul and Zemsky Lori
Seller's Agent
Joseph Pessin
Realty ONE Group, Inc
Buyer's Agent
Michelle Shaver
Prestige Properties
List Price
$699,000
Sold Price
$679,000
Premium/Discount to List
-$20,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.03%

Purchase Details

Listed on
Jul 21, 2016
Closed on
Mar 6, 2017
Sold by
Southem Highlands Investment Partners Ll
Bought by
Borden Michael and Borden Teresa
Seller's Agent
Mitch McClellan
Southern Highlands Realty Corp
Buyer's Agent
Joseph Pessin
Realty ONE Group, Inc
List Price
$650,000
Sold Price
$525,000
Premium/Discount to List
-$125,000
-19.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.76%
Original Mortgage
$393,750
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 21, 2012
Sold by
Southern Highlands Development Corporati
Bought by
Southern Highlands Investment Partners L
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Bargain Sale Deed $999,900 Equity Title
Bargain Sale Deed $679,000 Fidelity National Title
Bargain Sale Deed $425,000 Fidelity National Title Agen
Bargain Sale Deed $3,657,184 First American Title Ncs
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $799,900 New Conventional
Previous Owner $393,750 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $999,900 0.0% --
02/14/2023 02/14/23 Pending -- -- --
02/08/2023 02/08/23 For Sale $999,900 +47.3% --
03/27/2018 03/27/18 Sold $679,000 -2.9% --
02/25/2018 02/25/18 Pending -- -- --
02/02/2018 02/02/18 For Sale $699,000 +33.1% --
03/07/2017 03/07/17 Sold $525,000 -19.2% --
02/05/2017 02/05/17 Pending -- -- --
07/21/2016 07/21/16 For Sale $650,000 -- --
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 $984 $365,485 $364,000 $1,485
2024 $912 $365,485 $364,000 $1,485
2023 $912 $342,482 $341,250 $1,232
2022 $845 $205,992 $204,750 $1,242
2021 $782 $176,177 $175,000 $1,177
2020 $723 $176,169 $175,000 $1,169
2019 $678 $152,342 $151,200 $1,142
2018 $647 $127,122 $126,000 $1,122
2017 $2,596 $87,500 $87,500 $0
2016 $607 $78,750 $78,750 $0
2015 $604 $52,500 $52,500 $0
2014 $585 $17,500 $17,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Tom Love

    Seller's Agent in 2023

    Tom Love

    The Tom Love Group LLC

    (702) 218-7663

    7 in this area

    115 Total Sales

    Tom Love
    Section Image

  • M

    Buyer's Agent in 2023

    Mitch Fulfer

    Huntington & Ellis, A Real Est

    (702) 496-9302

    6 in this area

    82 Total Sales

    Mitch Fulfer
    Section Image
  • Joseph Pessin

    Seller's Agent in 2018

    Joseph Pessin

    Realty ONE Group, Inc

    (702) 610-0750

    2 in this area

    82 Total Sales

    Joseph Pessin
    Section Image

  • M

    Buyer's Agent in 2018

    Michelle Shaver

    Prestige Properties

    (702) 334-6801

    3 Total Sales

    Michelle Shaver
    Section Image

  • M

    Seller's Agent in 2017

    Mitch McClellan

    Southern Highlands Realty Corp

    (702) 616-2500

    38 in this area

    45 Total Sales

    Mitch McClellan
    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 1818541

Las Vegas REALTORS®

APN: 191-06-221-001

Nevada Clark County Las Vegas 89141 Southern Highlands

12 Olympia Summit Dr, Las Vegas, NV

This home is located at 12 Olympia Summit Dr, Las Vegas, NV 89141 and is currently priced at $525,000. 12 Olympia Summit Dr is a home located in Clark County with nearby schools including Evelyn Stuckey Elementary School, Lois & Jerry Tarkanian Middle School, and Desert Oasis High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Las Vegas REALTORS® The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. Information is deemed reliable but not guaranteed. Copyright 2025 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.

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