NOT LISTED FOR SALE

1871 Shadow Mountain Place Las Vegas, NV 89108

Michael Way Neighborhood

Estimated Value: $501,486 - $748,000

6 Beds
5 Baths
5,036 Sq Ft
$118/Sq Ft Est. Value

Last Sold March 22, 2021

Last sale price $315,000 $63 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $3,539/month

24 Days on Market

Highlights

  • RV Gated
  • Living Room with Fireplace
  • Circular Driveway
  • 0.87 Acre Lot
  • No HOA
  • Desert Landscape

About This Home

As of March 2021

Back on Market!! Redevelopment Opportunity! Fix & Flip, Subdivide, or Fix and Hold! Options abound! Vacant and ready for improvement! Tons of square footage between 2 buildings on almost an acre! Square footage may be incorrect, property has been added on to multiple times. This is way beyond TLC! This place needs serious work! Another showing set for 11-12 pm on Thursday 3/18.

Last Listed By

Noah Bates

Rustic Properties License #BS.0145494 Listed on: 02/25/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,999

Year Built

  • Built in 1978

Lot Details

  • 0.87 Acre Lot
  • East Facing Home
  • Wood Fence
  • Back Yard Fenced
  • Desert Landscape
  • Property is in below average condition

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 5,036 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Parking

  • Circular Driveway
  • RV Gated

Schools

  • Ronzone Bertha Elementary School
  • Gibson Robert O. Middle School
  • Western High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Septic Tank

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,999

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.87
  • Subdivision Name: none
  • Directions: 95 N to Decatur and go right, west on Lake Mead and left on Shadow Mountain Place
  • Architectural Style: One Story
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1978
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1978

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Full Bathrooms: 5
  • Possible Bedrooms: 6
  • Total Bedrooms: 6
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Other
  • Interior Amenities: Bedroom on Main Level, Primary Downstairs, None
  • Living Area: 5036.0

Exterior Features

  • Fencing: Back Yard, RV Gate, Wood
  • Lot Features: 1/4 to 1 Acre Lot, Desert Landscaping, Landscaped
  • Pool Private: No
  • Direction Faces: East
  • Exterior Features: Circular Driveway, Private Yard
  • Property Condition: Poor Condition, Resale
  • Roof: Composition, Shingle

Utilities

  • Laundry Features: Electric Dryer Hookup, Main Level
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Septic Tank
  • Utilities: Underground Utilities, Septic Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No

Schools

  • Elementary School: Ronzone Bertha,Ronzone Bertha
  • High School: Western
  • Middle Or Junior School: Gibson Robert O.

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 37897.0
  • Additional Parcels Description: ---
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1999.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2021
Sold by
Zhang Dongning and Dongning Zhang Living Trust
Bought by
Mck International Holdings Llc
Total Days on Market
24
Current Estimated Value
$592,122

Purchase Details

Listed on
Feb 25, 2021
Closed on
Mar 3, 2021
Sold by
Catamount Properties 2018 Llc
Bought by
Dongning Zhang Living Trust and Hsu Family Trust
Seller's Agent
Noah Bates
Rustic Properties
Buyer's Agent
Jie Mester
Vertex Realty & Property Manag
List Price
$349,900
Sold Price
$315,000
Premium/Discount to List
-$34,900
-9.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.30%

Purchase Details

Listed on
Jul 24, 2020
Closed on
Aug 13, 2020
Sold by
Branom Curtis Ray
Bought by
Catamount Properties 2018 Llc
Seller's Agent
Jonathan Magno
North American Realty of NV
Buyer's Agent
Steele Tucker
Wedgewood Homes Realty, LLC
List Price
$274,900
Sold Price
$285,001
Premium/Discount to List
$10,101
3.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.49%

Purchase Details

Closed on
Jan 15, 2020
Sold by
C & F Family Trust
Bought by
Branom Curtis Ray

Purchase Details

Closed on
Jul 21, 2009
Sold by
Issa Maxwell
Bought by
C & F Family Trust

Purchase Details

Closed on
Mar 17, 2006
Sold by
Issa Maxwell
Bought by
1871 Shadow Mountain Place Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 21, 2005
Sold by
Issa Fatma
Bought by
Issa Maxwell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 31, 2004
Sold by
Ramsey Brian R
Bought by
Rnr Usa Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
5.56%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 4, 1997
Sold by
First Deposit National Bank
Bought by
Ramsey Brian R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,250
Interest Rate
10.4%

Purchase Details

Closed on
Aug 15, 1996
Sold by
Minney Inge R
Bought by
First Deposit National Bank

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
Mck International Holdings Llc -- None Available
Dongning Zhang Living Trust $315,000 Fidelity National Title
Catamount Properties 2018 Llc $285,001 First American Title
Branom Curtis Ray $270,551 None Available
C & F Family Trust $98,000 National Title Company
1871 Shadow Mountain Place Trust -- None Available
Issa Maxwell -- Fidelity National Title
Issa Maxwell $285,000 Fidelity National Title
Rnr Usa Inc $285,000 Fidelity National Title
Ramsey Brian R $139,000 Fidelity National Title
First Deposit National Bank $90,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Issa Maxwell $345,000
Previous Owner Ramsey Brian R $15,000
Previous Owner Ramsey Brian R $104,250
Closed Ramsey Brian R $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2021 03/22/21 Sold $315,000 -10.0% $63 / Sq Ft
02/25/2021 02/25/21 For Sale $349,900 +22.8% $69 / Sq Ft
08/17/2020 08/17/20 Sold $285,001 +3.7% $57 / Sq Ft
07/24/2020 07/24/20 For Sale $274,900 -- $55 / 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 $2,705 $97,984 $41,563 $56,421
2024 $2,514 $97,984 $41,563 $56,421
2023 $2,514 $105,915 $51,975 $53,940
2022 $2,328 $98,082 $48,668 $49,414
2021 $2,155 $93,335 $46,183 $47,152
2020 $1,999 $94,693 $47,775 $46,918
2019 $1,873 $84,295 $37,800 $46,495
2018 $1,787 $82,395 $37,800 $44,595
2017 $2,263 $83,015 $37,800 $45,215
2016 $1,674 $81,904 $34,125 $47,779
2015 $1,670 $63,300 $18,375 $44,925
2014 $1,618 $57,570 $10,500 $47,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2272777

Las Vegas REALTORS®

APN: 138-24-304-006