NOT LISTED FOR SALE

Estimated Value: $1,094,000 - $1,330,000

0.62 Acre
$1,995,681 Price per Acre
27,007 Sq Ft Lot

Last Sold October 18, 2023

Last sale price $1,190,000

Est. 4% increase in value since last sale

Current estimated payment $7,762/month

12 Days on Market

Highlights

  • Lake Front
  • 0.62 Acre Lot
  • Cul-De-Sac
  • Gated Community

About This Lot

As of October 2023

Presenting The Island at Lake Las Vegas!! Located on the northeast side of the lake, The Island is a once-in-a-lifetime opportunity to enjoy the waterfront lifestyle in the Las Vegas Valley. Featuring 56 acres of land, approximately 222 home sites and four main peninsulas that protrude into the lake!! Wanting the luxury of living out a true lakeside lifestyle in the desert? Now is the perfect time to make that a reality!! Other lots available, not on MLS. LID is Approximate. Purchase includes Sports Club Membership at closing provided by Gene Northup/SIR, valued at $12,500.00.

Last Agent to Sell the Property

Gene Northup

Las Vegas Sotheby's Int'l Brokerage Phone: 702-360-1414 License #S.0037249 Listed on: 10/05/2023

Las Vegas Sotheby's Int'l

Last Buyer's Agent

Amy Kline-Alley

Milestone Realty License #S.0193947

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,181

Lot Details

  • 0.62 Acre Lot
  • Lake Front
  • Property fronts a private road
  • Cul-De-Sac

HOA Fees

  • $554 Monthly HOA Fees

Utilities

  • Not Connected to Water Source
  • Not Connected to Sewer

Community Details

Overview

  • Llv Master Association, Phone Number (702) 568-7948
  • The Island At Llv Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$5,181

Lot Details

0

HOA Fees

$554 per month

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.62
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: The Island at LLV
  • Directions: 95 & Lake Mead, E on Lake Mead, L on Lake Las Vegas, R on Montelago, past Westin to Sales Center on your right (2030 Lake Las Vegas Pkwy)
  • ResoPropertyType: Land
  • Attribution Contact: 702-360-1414
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Cul-De-Sac, Lake Front

Utilities

  • Security: Gated Community
  • Sewer: Not Connected (nearby)
  • Utilities: Electricity Available
  • Water Source: Not Connected (nearby), Public

Condo/Co-op/Association

  • Community Features: Curbs, Gated
  • Association #2 Fee: 554.0
  • Association #2 Fee Frequency: Monthly
  • Association Name: LLV Master
  • Phone: 702-568-7948
  • Association: Yes

Schools

Lot Info

  • Lot Size Sq Ft: 27007.0
  • Additional Parcels Description: ---
  • Zoning Description: Family-1/2-2 Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5181.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2023
Closed on
Oct 12, 2023
Sold by
Lake Las Vegas Recovery Acquisition Llc
Bought by
Buessa Abdrabarrasool M
Seller's Agent
Gene Northup
Las Vegas Sotheby's Int'l
Buyer's Agent
Amy Kline-Alley
Milestone Realty
List Price
$1,190,000
Sold Price
$1,190,000
Views
1
Current Estimated Value
$1,237,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,322
Avg. Annual Appreciation
4.95%
Original Mortgage
$952,000
Outstanding Balance
$937,569
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$363,157
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 Buyer Sale Price Title Company
Buessa Abdrabarrasool M $1,190,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buessa Abdrabarrasool M $952,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2023 10/18/23 Sold $1,190,000 0.0% --
10/05/2023 10/05/23 For Sale $1,190,000 -- --
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 $5,595 $382,375 $382,375 --
2024 $5,181 $382,375 $382,375 --
2023 $5,181 $38,889 $38,889 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2532679

Las Vegas REALTORS®

APN: 160-14-315-002