NOT LISTED FOR SALE

16 Olympia Canyon Way Las Vegas, NV 89141

Southern Highlands Neighborhood

Estimated Value: $5,840,000 - $6,545,281

0.7 Acre
$8,908,229 Price per Acre
30,492 Sq Ft Lot

Last Sold November 20, 2013

Last sale price $193,000

Est. 3,131% increase in value since last sale

Current estimated payment $36,248/month

52 Days on Market

About This Lot

As of November 2013

This home is located at 16 Olympia Canyon Way, Las Vegas, NV 89141 since 29 August 2013 and is currently estimated at $6,235,760. 16 Olympia Canyon Way 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.

Last Agent to Sell the Property

Darin Marques

Virtue Real Estate Group License #B.0145227 Listed on: 08/29/2013

Last Buyer's Agent

Darin Marques

Virtue Real Estate Group License #B.0145227 Listed on: 08/29/2013

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $670

Lot Details

  • 0.7 Acre Lot

HOA Fees

  • $600 Monthly HOA Fees

Utilities

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

Community Details

Overview

  • Southern Highlands Association, Phone Number (702) 361-6640
  • Parcel 315 Unit 2 At Southern Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$670

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.7
  • Subdivision Name: PARCEL 315 UNIT 2 AT SOUTHERN
  • Directions: I-15 S, EXIT LAKE MEAD/ST.ROSE PKWY, Go straight to Southern Highlands Pkwy, Left on Stonewater, to Augusta Canyon guard gate, at Highland Meadows, R at Olympia Canyon
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 600.0
  • Association Fee Frequency: Monthly
  • Association Name: SOUTHERN HIGHLANDS
  • Phone: 702-361-6640
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Additional Parcels Description: NumParcels:1
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 670.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2023
Sold by
Marbury Franchesta
Bought by
Mnsm Trust
Current Estimated Value
$6,235,760

Purchase Details

Closed on
Jan 8, 2020
Sold by
Marbury Franchestas
Bought by
Marbury Franchesta and The Franchesta Marbury Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,997,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2008
Sold by
Barnett Robert R and Barnett Diane A
Bought by
Extalade Investments Llc

Purchase Details

Closed on
Jun 25, 2007
Sold by
Southern Highlands Development Corp
Bought by
Barnett Robert R and Barnett Diane A
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
Mnsm Trust -- --
Marbury Franchesta -- --
Marbury Franchesta $24,500 Os National Llc
Marbury Franchesta -- None Available
Extalade Investments Llc $625,000 Equity Title Flamingo
Barnett Robert R $800,000 First Amer Title Co Of Nv
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marbury Franchesta $1,997,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2013 11/20/13 Sold $193,000 -35.5% --
10/21/2013 10/21/13 Pending -- -- --
08/29/2013 08/29/13 For Sale $299,000 -- --
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 $32,205 $1,422,841 $336,000 $1,086,841
2024 $23,503 $1,422,841 $336,000 $1,086,841
2023 $794 $316,232 $315,000 $1,232
2022 $808 $190,242 $189,000 $1,242
2021 $782 $169,177 $168,000 $1,177
2020 $723 $169,169 $168,000 $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 $650 $17,500 $17,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Darin Marques

    Seller's Agent in 2013

    Darin Marques

    Virtue Real Estate Group

    (702) 485-7755

    6 in this area

    259 Total Sales

    Darin Marques
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Map

Source: Las Vegas REALTORS®

MLS Number: 1377917

Las Vegas REALTORS®

APN: 191-06-216-014

Nevada Clark County Las Vegas 89141 Southern Highlands

16 Olympia Canyon Way, Las Vegas, NV

This home is located at 16 Olympia Canyon Way, Las Vegas, NV 89141 since 29 August 2013 and is currently estimated at $6,235,760. 16 Olympia Canyon Way 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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