NOT LISTED FOR SALE

Estimated Value: $7,623,261 - $8,577,000

6 Beds
6.5 Baths
10,365 Sq Ft
$797/Sq Ft Est. Value

Last Sold April 18, 2018

Last sale price $5,075,000 $490 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $49,862/month

1 Day on Market

Highlights

  • Fitness Center
  • Infinity Pool
  • Gated Community
  • Judy & John L. Goolsby Elementary School Rated A-
  • Custom Home
  • View of Las Vegas Strip

About This Home

As of April 2018

ABSOLUTELY LUXURIOUS ESTATE IN PROMONTORY AT THE RIDGES WITH STUNNING STRIP, CITY & MOUNTAIN VIEWS! GORGEOUS HARDWOOD/MARBLE FLOORS, GOURMET MARBLE KITCHEN W/STAINLESS STEEL WOLF APPLIANCES, SUB ZERO. FAMILY ROOM IS IDEAL FOR ENTERTAINING W/WET BAR, WINE CELLAR, FIREPLACE & VIEWS! UPSTAIRS GAME ROOM / 2ND FAMILY ROOM. MASTER SUITE W/RETREAT, WETBAR, FIREPLACE, 2 WALK-INs & BALCONY. TRI-LEVEL THEATRE.

Last Agent to Sell the Property

Kenneth Lowman

Luxury Homes of Las Vegas License #B.0035725 Listed on: 04/17/2018

Last Buyer's Agent

Kenneth Lowman

Luxury Homes of Las Vegas License #B.0035725 Listed on: 04/17/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,137

Year Built

  • Built in 2009

Lot Details

  • 0.64 Acre Lot
  • Cul-De-Sac
  • South Facing Home
  • Wrought Iron Fence
  • Back Yard Fenced
  • Drip System Landscaping
  • Artificial Turf
  • Mountainous Lot
  • Property is in excellent condition

HOA Fees

Parking

  • 6 Car Garage
  • Inside Entrance
  • Garage Door Opener

Property Views

  • Las Vegas Strip
  • City
  • Mountain

Home Design

  • Custom Home
  • Frame Construction
  • Pitched Roof
  • Tile Roof
  • Stucco

Interior Spaces

  • 10,365 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Security System Owned

Kitchen

  • Double Oven
  • Built-In Electric Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom

Laundry

  • Laundry on main level
  • Gas Dryer Hookup

Eco-Friendly Details

  • Energy-Efficient Windows
  • Sprinkler System

Pool

  • Infinity Pool
  • Spa
  • Waterfall Pool Feature

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Built-In Barbecue

Schools

  • Ober Dvorre & Hal* Elementary School
  • Fertitta Frank & Victoria Middle School
  • Palo Verde High School

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Underground Utilities
  • Water Softener is Owned
  • Cable TV Available

Community Details

Overview

  • Association fees include management, ground maintenance, security
  • The Ridges Association, Phone Number (702) 791-4600
  • Summerlin Village 18 Phase 1 U Subdivision, Custom Floorplan
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,137

Year Built

Built in 2009

Lot Details

0

HOA Fees

$542 per month

Parking

6

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.64
  • Subdivision Name: SUMMERLIN VILLAGE 18 PHASE 1 U
  • Directions: FROM SAHARA & DESERT INN, WEST ON DI. LFT ON FLAMINGO. 1ST RT ON MARBLE RIDGE(GUARD). RT ON RIDGE STONE. LFT ON PROMONTORY RIDGE. LFT ON MORNING SKY. RT ON SABLE RIDGE.
  • 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: 2009
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Association Fee 3 Frequency: Monthly
  • Special Features: None
  • Stories: 2
  • Year Built: 2009

Interior Features

  • Private Spa: Yes
  • Appliances: Built-In Electric Oven, Double Oven, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Water Softener Owned
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 7
  • Total Bedrooms: 6
  • Fireplace Features: Family Room, Gas, Living Room, Primary Bedroom
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Marble
  • Interior Amenities: Bedroom on Main Level, Elevator
  • Living Area: 10365.0
  • Window Features: Double Pane Windows

Exterior Features

  • Fencing: Back Yard, Wrought Iron
  • Lot Features: 1/4 to 1 Acre Lot, Cul-De-Sac, Drip Irrigation/Bubblers, Desert Landscaping, Landscaped, Rocks, Synthetic Grass
  • Pool Features: In Ground, Negative Edge, Private, Waterfall, Community
  • Pool Private: Yes
  • Topography: Mountainous
  • View: City, Mountain(s), Strip View
  • View: Yes
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Frame, Stucco
  • Direction Faces: South
  • Exterior Features: Built-in Barbecue, Balcony, Barbecue, Patio, Sprinkler/Irrigation
  • Patio And Porch Features: Balcony, Covered, Patio
  • Property Condition: Excellent, Resale
  • Roof: Pitched, Tile

Garage/Parking

  • Garage Spaces: 6.0
  • Parking Features: Finished Garage, Garage Door Opener, Inside Entrance

Utilities

  • Laundry Features: Gas Dryer Hookup, Main Level, Upper Level
  • Security: 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, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Gated, Pool, Guard, Security, Tennis Court(s)
  • Association Fee: 495.0
  • Association Fee Frequency: Monthly
  • Association Name: THE RIDGES
  • Phone: 702-791-4600
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly
  • HOA Fee 3: 47.0

Fee Information

  • Association Fee Includes: Association Management, Maintenance Grounds, Security

Schools

  • Elementary School: Ober DVorre & Hal*,Ober DVorre & Hal*
  • High School: Palo Verde
  • Middle Or Junior School: Fertitta Frank & Victoria

Lot Info

  • Current Use: Residential
  • Horse Amenities: None
  • Lot Size Sq Ft: 27878.0
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 29137.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2018
Closed on
Apr 13, 2018
Sold by
Higgins Arthu and Higgins Barbara
Bought by
Hendrick Kirk D and Hendrick Andrea M
Seller's Agent
Kenneth Lowman
Luxury Homes of Las Vegas
Buyer's Agent
Kenneth Lowman
Luxury Homes of Las Vegas
List Price
$5,075,000
Sold Price
$5,075,000
Total Days on Market
1
Current Estimated Value
$8,255,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,180,815
Avg. Annual Appreciation
7.09%

Purchase Details

Listed on
Sep 2, 2014
Closed on
Feb 11, 2015
Sold by
Cerabino Thomas M and Chingros Carolyn
Bought by
Higgins Arthur and Higgins Barbara
Seller's Agent
Kenneth Lowman
Luxury Homes of Las Vegas
Buyer's Agent
Kenneth Lowman
Luxury Homes of Las Vegas
List Price
$5,200,000
Sold Price
$4,550,000
Premium/Discount to List
-$650,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.53%

Purchase Details

Closed on
Sep 10, 2010
Sold by
Handler Lionel and Handler Suzanne
Bought by
Cerabino Thomas M and Chingros Carolyn

Purchase Details

Closed on
May 15, 2007
Sold by
Kramer Rena
Bought by
Kramer Jerry

Purchase Details

Closed on
May 11, 2007
Sold by
Kramer Jerry
Bought by
Handler Lionel and Handler Suzanne

Purchase Details

Closed on
Apr 2, 2002
Sold by
Howard Hughes Properties Inc
Bought by
Kramer Jerry
Source: Public Records

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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
Hendrick Kirk D $5,075,000 Chicago Title Las Vegas
Higgins Arthur $4,550,000 First American Title Paseo
Cerabino Thomas M $3,100,000 Lawyers Title Of Nevada Vil
Kramer Jerry -- National Title Company
Handler Lionel $1,400,000 National Title Company
Kramer Jerry $445,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Higgins Arthur $2,000,000
Previous Owner Handler Lionel J $2,100,000
Previous Owner Handler Lionel $2,650,281
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2018 04/18/18 Sold $5,075,000 0.0% $490 / Sq Ft
04/17/2018 04/17/18 For Sale $5,075,000 +11.5% $490 / Sq Ft
02/25/2015 02/25/15 Sold $4,550,000 -12.5% $439 / Sq Ft
01/26/2015 01/26/15 Pending -- -- --
09/02/2014 09/02/14 For Sale $5,200,000 -- $502 / 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 $37,299 $1,705,988 $280,000 $1,425,988
2024 $36,213 $1,705,988 $280,000 $1,425,988
2023 $36,213 $1,553,965 $192,500 $1,361,465
2022 $35,159 $1,467,633 $175,000 $1,292,633
2021 $34,135 $1,399,834 $175,000 $1,224,834
2020 $33,137 $1,383,708 $175,000 $1,208,708
2019 $32,172 $1,372,951 $175,000 $1,197,951
2018 $31,235 $1,331,201 $175,000 $1,156,201
2017 $39,338 $1,340,169 $175,000 $1,165,169
2016 $29,558 $1,326,105 $196,000 $1,130,105
2015 $29,999 $1,250,639 $124,950 $1,125,689
2014 $29,137 $1,243,263 $171,500 $1,071,763
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1985513

Las Vegas REALTORS®

APN: 164-14-211-006