NOT LISTED FOR SALE

12125 Paseo Terraza Ln Las Vegas, NV 89138

Estimated Value: $1,222,000 - $1,307,000

5 Beds
4.5 Baths
3,619 Sq Ft
$347/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $1,200,000 $332 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $7,885/month

43 Days on Market

Highlights

  • Guest House
  • Gated Community
  • Covered patio or porch
  • Billy And Rosemary Vassiliadis Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Double Oven

About This Home

As of July 2024

Gorgeous home with city & mountain views!! You can stop by around 8 pm to see the fantastic strip view with all lights on! Walk distance to the Vassiliadis Elementary school! (Next Gen Suite) with separate entrance; 4 1/2 total bathrooms; theater room with raised deck, gourmet kitchen; granite countertops; espresso cabinet with elegant nickel-finished hardware; stainless-steel appliances; extended espresso stair railing with stainless-steel accents; primary bedroom downstairs with direct access to backyard; open loft upstairs overlooking main living area; covered patio & balcony with inviting views of the Las Vegas valley; secondary upstairs bedroom has private bath & walk-in closet; wall-length, 3-panel sliding glass door in living area that gives an open, airy feel, allowing for plenty of sunshine & warmth; water treatment system; tankless water heater; 3-car garage; 8-foot doors; beautiful walking trails abound; Casita Suite includes kitchenette, & separate washer/dryer hookup.

Last Agent to Sell the Property

Ivan Mai

City Villa Realty & Management Brokerage Phone: 702-222-0576 License #S.0190743 Listed on: 04/22/2024

Last Buyer's Agent

Pansy Pai

eNational Realty Group License #S.0187313

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,006

Year Built

  • Built in 2015

Lot Details

  • 6,534 Sq Ft Lot
  • North Facing Home
  • Block Wall Fence
  • Desert Landscape
  • Sprinklers on Timer
  • Back Yard Fenced
  • Property is in good condition

HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Pitched Roof
  • Tile Roof

Interior Spaces

  • 3,619 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Plantation Shutters
  • Blinds
  • Security System Owned

Kitchen

  • Double Oven
  • Built-In Gas Oven
  • Gas Cooktop
  • Microwave
  • Disposal

Flooring

  • Linoleum
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry on main level
  • Gas Dryer Hookup

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Outdoor Grill

Schools

  • Vassiliadis Elementary School
  • Rogich Sig Middle School
  • Palo Verde High School

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows with Low Emissivity
  • Guest House

Community Details

Overview

  • Association fees include management
  • Belmonte Delano Association, Phone Number (702) 737-8580
  • Belmonte Phase 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

$9,006

Year Built

Built in 2015

Lot Details

0

HOA Fees

$153 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Subdivision Name: Belmonte Phase 1
  • Directions: From 215 & Charleston, W on Charleston, N on Desert Foothills, W on Alta, N on Foxhill, E on Beautiful Vista; S on Vista De Montana (Belmonte Subdivision) Paseo Terraza.
  • 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: 2015
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: 702-222-0576
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 2015

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Built-In Gas Oven, Double Oven, Gas Cooktop, Disposal, Microwave
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Possible Bedrooms: 7
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Linoleum, Tile, Vinyl
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Primary Downstairs, Window Treatments
  • Living Area: 3619.0
  • Window Features: Blinds, Double Pane Windows, Low-Emissivity Windows, Plantation Shutters

Exterior Features

  • Fencing: Block, Back Yard
  • Lot Features: Back Yard, Desert Landscaping, Landscaped, Rocks, Sprinklers Timer, < 1/4 Acre
  • Pool Private: No
  • Disclosures: Principal is Real Estate Licensed, Covenants/Restrictions Disclosure
  • Direction Faces: North
  • Exterior Features: Balcony, Barbecue, Patio, Sprinkler/Irrigation
  • Other Structures: Guest House
  • Patio And Porch Features: Balcony, Covered, Patio
  • Property Condition: Good Condition, Resale
  • Roof: Pitched, Tile

Garage/Parking

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

Utilities

  • Laundry Features: Gas Dryer Hookup, Main Level
  • Security: Prewired, Security System Owned
  • 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: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Gated, Park
  • Association #2 Fee: 93.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 60.0
  • Association Fee Frequency: Monthly
  • Association Name: Belmonte-Delano
  • Phone: 702-737-8580
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management

Schools

  • Elementary School: Vassiliadis, Billy & Rosemary,Vassiliadis, Billy &
  • High School: Palo Verde
  • Middle Or Junior School: Rogich Sig

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 6534.0
  • Additional Parcels Description: ---
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9006.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2024
Closed on
Jul 25, 2024
Sold by
Li Zhanneng
Bought by
Cwp Family Living Trust and Pai
Seller's Agent
Ivan Mai
City Villa Realty & Management
Buyer's Agent
Pansy Pai
eNational Realty Group
List Price
$1,250,000
Sold Price
$1,200,000
Premium/Discount to List
-$50,000
-4%
Views
4
Current Estimated Value
$1,256,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,392
Avg. Annual Appreciation
5.01%

Purchase Details

Closed on
Sep 20, 2023
Sold by
Rivera Victor and Li Zhanneng
Bought by
Li Zhanneng

Purchase Details

Listed on
Feb 16, 2022
Closed on
Apr 11, 2022
Sold by
Anthony Rivera
Bought by
Li Zhanneng
Seller's Agent
Cris Markey
Century 21 Americana
Buyer's Agent
Nancy Li
Keller Williams MarketPlace
List Price
$1,250,000
Sold Price
$1,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.16%
Original Mortgage
$937,500
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 16, 2022
Closed on
Apr 9, 2022
Sold by
Lee Elizabeth M
Bought by
Rivera Victor and Li Zhanneng
Seller's Agent
Cris Markey
Century 21 Americana
Buyer's Agent
Nancy Li
Keller Williams MarketPlace
List Price
$1,250,000
Sold Price
$1,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,500
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2015
Sold by
Woodside Homes Of Nevada Llc
Bought by
Lee Elizabeth M

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
3.71%
Mortgage Type
New Conventional
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
Cwp Family Living Trust $1,200,000 Old Republic Title
Li Zhanneng -- Old Republic Title
Li Zhanneng -- Chicago Title
Rivera Victor $1,250,000 Chicago Title
Lee Elizabeth M $668,650 Nevada Title Las Vegas
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rivera Victor $937,500
Previous Owner Lee Elizabeth M $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $1,200,000 -4.0% $332 / Sq Ft
06/04/2024 06/04/24 Pending -- -- --
04/22/2024 04/22/24 For Sale $1,250,000 0.0% $345 / Sq Ft
04/15/2022 04/15/22 Sold $1,250,000 0.0% $345 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
02/16/2022 02/16/22 For Sale $1,250,000 0.0% $345 / Sq Ft
10/01/2019 10/01/19 Rented $2,800 -6.4% --
09/01/2019 09/01/19 Under Contract -- -- --
08/30/2019 08/30/19 For Rent $2,990 -- --
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 $9,276 $384,895 $147,350 $237,545
2024 $9,006 $384,895 $147,350 $237,545
2023 $9,006 $321,794 $98,700 $223,094
2022 $9,043 $275,768 $74,200 $201,568
2021 $8,488 $258,821 $67,200 $191,621
2020 $7,960 $250,014 $60,900 $189,114
2019 $7,459 $227,521 $59,150 $168,371
2018 $7,264 $225,736 $49,000 $176,736
2017 $7,311 $222,834 $50,750 $172,084
2016 $6,792 $35,000 $35,000 $0
2015 $925 $35,000 $35,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2577535

Las Vegas REALTORS®

APN: 137-34-113-064