NOT LISTED FOR SALE

Estimated Value: $944,000 - $997,000

5 Beds
4 Baths
4,331 Sq Ft
$224/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $700,000 $162 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,710/month

19 Days on Market

Highlights

  • Gated Community
  • View of Las Vegas Strip
  • Community Basketball Court
  • Elise L. Wolff Elementary School Rated A-
  • Main Floor Bedroom
  • Covered patio or porch

About This Home

As of April 2023

WOW, JUST WOW!! CHECK OUT THESE GORGEOUS VIEWS ON THIS RARE BEAUTY IN THE GATED COMMUNITY OF PALAZZO MONTE IN SEVEN HILLS ~ **$25,000 SELLER INCENTIVE** SITUATED ON AN ELEVATED LOT WITH NO REAR NEIGHBORS, BOASTING GORGEOUS VIEWS OF THE MTNS AND THE LAS VEGAS STRIP, ON A POOL SIZED LOT, QUIET AND PEACEFUL WITH LOTS OF PRIVACY. POPULAR FLOORPLAN FEATURING 5 BEDS, 4 FULL BATHS, LARGE FAMILY ROOM OFF THE KITCHEN, PLUS A FORMAL DINING & LIVING ROOM. UPSTAIRS BONUS ROOM W/FRENCH DOORS OFF THE PRIMARY BEDROOM. ENJOY THE BEAUTIFUL DESERT SUNRISES & SUNSETS RELAXING UP ON THE DECK. THIS RARE GEM IS PRICED WELL BELOW THE COMPS, SO THAT YOU CAN SPRINKLE YOUR DESIGNER TOUCHES AND HAVE IT CHECK ALL YOUR BOXES! ZONED FOR TOP RATED HENDERSON SCHOOLS, BEAUTIFUL WALKING TRAILS THROUGHOUT SEVEN HILLS, COMMUNITY PLAYGROUNDS & PARKS, CLOSE TO RETAIL/SHOPPING, AND SO MUCH MORE. THIS ONE IS READY & WAITING FOR YOU...COME SEE IT TODAY AND MAKE IT YOUR MASTERPIECE!

Last Agent to Sell the Property

Alana Horton

LIFE Realty District Brokerage Phone: 702-568-6800 License #S.0172455 Listed on: 03/09/2023

LIFE Realty District

Last Buyer's Agent

Cassandra Mor

The Mor Group License #B.0050641

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,477

Year Built

  • Built in 2003

Lot Details

  • 7,405 Sq Ft Lot
  • East Facing Home
  • Wrought Iron Fence
  • Block Wall Fence
  • Landscaped
  • Back Yard Fenced
  • Property is in average condition

HOA Fees

Parking

  • 3 Car Attached Garage
  • Inside Entrance
  • Garage Door Opener

Property Views

  • Las Vegas Strip
  • Mountain

Home Design

  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,331 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Living Room with Fireplace

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer
  • Sink Near Laundry
  • Laundry Cabinets

Outdoor Features

  • Covered patio or porch

Schools

  • Wolff Elementary School
  • Webb Middle School
  • Coronado High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities

Community Details

Overview

  • Association fees include management, security
  • Palazzo Monte Association, Phone Number (702) 933-7764
  • Palazzo Monte Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Basketball Court
  • Community Playground
  • Jogging Path

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,477

Year Built

Built in 2003

Lot Details

0

HOA Fees

$138 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Ownership: Single Family Residential
  • Subdivision Name: Palazzo Monte
  • Directions: From St. Rose & Seven Hills, Right on Seven Hills, Right on Palazzo Monte Way (Palazzo Monte Gate), Right Viale Marco Polo, Left on Via Cassia, End of st. on right side
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 2003
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: 702-568-6800
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 2003

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Built-In Gas Oven, Double Oven, Dryer, Dishwasher, Gas Cooktop, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Gas, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s)
  • Living Area: 4331.0
  • Window Features: Blinds

Exterior Features

  • Fencing: Block, Back Yard, Wrought Iron
  • Lot Features: Back Yard, Landscaped, < 1/4 Acre
  • Pool Private: No
  • View: Mountain(s), Strip View
  • View: Yes
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Frame, Stucco
  • Direction Faces: East
  • Exterior Features: Patio, Private Yard
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Average Condition, Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage, Garage Door Opener, Inside Entrance

Utilities

  • Laundry Features: Cabinets, Gas Dryer Hookup, Main Level, Laundry Room, Sink
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Basketball Court, Gated, Jogging Path, Playground
  • Association #2 Fee: 65.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 73.0
  • Association Fee Frequency: Monthly
  • Association Name: Palazzo Monte
  • Phone: 702-933-7764
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Security

Schools

  • Elementary School: Wolff, Elise L.,Wolfe, Eva M.
  • High School: Coronado High
  • Middle Or Junior School: Webb, Del E.

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 7405.0
  • Additional Parcels Description: ---
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Land Lease Amount: 1.0

Tax Info

  • Tax Annual Amount: 5477.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2023
Closed on
Apr 27, 2023
Sold by
Encino Family 2002 Trust
Bought by
Moas Avi and Teisch Laura
Seller's Agent
Alana Horton
LIFE Realty District
Buyer's Agent
Cassandra Mor
The Mor Group
List Price
$799,000
Sold Price
$700,000
Premium/Discount to List
-$99,000
-12.39%
Views
1
Current Estimated Value
$921,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,323
Avg. Annual Appreciation
12.82%
Original Mortgage
$560,000
Outstanding Balance
$546,733
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$374,799

Purchase Details

Closed on
Oct 20, 2008
Sold by
Caponetto Patricia M
Bought by
Caponetto Patricia M and Encino Family 2002 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
2.99%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Feb 20, 2008
Sold by
Caponetto Patricia M
Bought by
Caponetto Patricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
5.85%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 22, 2006
Sold by
Caponetto Patricia M
Bought by
Caponetto Patricia M and Encino Family 2002 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
6.99%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 26, 2003
Sold by
U S Home Corp
Bought by
Encino Family 2002 Trust
Source: Public Records

Range of Values:

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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
Moas Avi $700,000 Lawyers Title
Caponetto Patricia M -- Ticor Title Las Vegas
Caponetto Patricia M -- Commonwealth Title
Caponetto Patricia M -- First Amer Title Co Of Nv
Caponetto Patricia M -- First Amer Title Co Of Nv
Encino Family 2002 Trust $458,815 Stewart Title Of Nevada
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moas Avi $560,000
Previous Owner Caponetto Patricia M $765,000
Previous Owner Caponetto Patricia M $456,000
Previous Owner Caponetto Patricia M $35,000
Previous Owner Caponetto Patricia M $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $700,000 -12.4% $162 / Sq Ft
03/29/2023 03/29/23 Pending -- -- --
03/09/2023 03/09/23 For Sale $799,000 -- $184 / 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 $5,810 $259,078 $106,750 $152,328
2024 $5,641 $259,078 $106,750 $152,328
2023 $4,604 $238,744 $94,150 $144,594
2022 $5,477 $218,975 $87,500 $131,475
2021 $5,318 $199,591 $74,550 $125,041
2020 $5,160 $197,150 $73,500 $123,650
2019 $5,010 $195,319 $73,500 $121,819
2018 $4,920 $179,259 $63,000 $116,259
2017 $5,244 $180,913 $63,088 $117,825
2016 $4,604 $173,381 $53,900 $119,481
2015 $4,596 $157,381 $39,813 $117,568
2014 $4,453 $149,164 $39,813 $109,351
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2479779

Las Vegas REALTORS®

APN: 191-02-822-028