NOT LISTED FOR SALE

Estimated Value: $2,305,000 - $7,143,000

0.77 Acre
$7,212,230 Price per Acre
33,541 Sq Ft Lot

Last Sold February 06, 2015

Last sale price $965,000

Est. 475% increase in value since last sale

Current estimated payment $33,152/month

27 Days on Market

Highlights

  • Gated Community
  • 0.77 Acre Lot
  • Cul-De-Sac
  • Judy & John L. Goolsby Elementary School Rated A-
  • Corner Lot

About This Lot

As of February 2015

.77 acre corner lot in exclusive Rimrock at The Ridges. Luxury home custom lot surrounded by world class luxury estates within 2nd gated Rimrock in guard gated The Ridges. Sold AS IS w/no warranties or repairs, you must print & have the Buyer sign the attached AS-IS disclosure. Check w/HOA at

Last Agent to Sell the Property

Kenneth Lowman

Luxury Homes of Las Vegas License #B.0035725 Listed on: 12/10/2014

Last Buyer's Agent

Danielle Stonestreet

Six Star Realty License #B.0039685

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,948

Year Built

  • Built in 2015

Lot Details

  • 0.77 Acre Lot
  • Cul-De-Sac
  • Corner Lot
  • Irregular Lot

HOA Fees

  • $282 Monthly HOA Fees

Utilities

  • Not Connected to Water Source
  • Not Connected to Sewer

Community Details

Overview

  • The Ridges Association, Phone Number (702) 791-4600
  • Summerlin Village 18 Parcel D Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$3,948

Year Built

Built in 2015

Lot Details

0

HOA Fees

$282 per month

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.77
  • Road Surface Type: Paved
  • Subdivision Name: SUMMERLIN VILLAGE 18 PARCEL D
  • Directions: West on Desert Inn to Flamingo & turn left. Right on Marble Ridge *guard gate*. Right on Ridge Blossom, left on Quiet Moon.
  • Year Built: 2015
  • ResoPropertyType: Land
  • Special Features: 4116
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Corner Lot, Cul-De-Sac, Irregular Lot

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 282.0
  • Association Fee Frequency: Monthly
  • Association Name: The Ridges
  • Phone: 702-791-4600
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Lot Info

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

Tax Info

  • Tax Annual Amount: 3948.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2014
Closed on
Feb 4, 2015
Sold by
Wilmington Savings Funds Society Fsb
Bought by
The Mora Family Trust
Seller's Agent
Kenneth Lowman
Luxury Homes of Las Vegas
Buyer's Agent
Danielle Stonestreet
Six Star Realty
List Price
$999,900
Sold Price
$965,000
Premium/Discount to List
-$34,900
-3.49%
Total Days on Market
27
Current Estimated Value
$5,553,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,588,417
Avg. Annual Appreciation
18.74%

Purchase Details

Closed on
Nov 3, 2014
Sold by
Bmo Harris Bank N A
Bought by
Wilmington Savings Funds Society Fsb

Purchase Details

Closed on
Jun 18, 2014
Sold by
Powell Paul
Bought by
Bmo Harris Bank Na

Purchase Details

Closed on
May 21, 2007
Sold by
Powell Milee
Bought by
Powell Paul

Purchase Details

Closed on
Jan 11, 2007
Sold by
Atkinson & Stonestreet Llc
Bought by
Powell Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$967,500
Interest Rate
7.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 20, 2005
Sold by
Moran John T
Bought by
Atkinson & Stonestreet Llc

Purchase Details

Closed on
Apr 14, 2004
Sold by
Howard Hughes Properties Inc
Bought by
Moran John T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.57%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 30, 2004
Sold by
Moran Jody D
Bought by
Moran John T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.57%
Mortgage Type
Unknown
Source: Public Records

Similar Property in Las Vegas, NV

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    • Land
    • 0.8 Acre
    • $5,875,000 per Acre
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    Five contiguous parcels for sale (5.46 acres) with Boulder Hwy frontage and Desert Inn frontage. Multiple zoning uses. Lot numbers include 161-07-801-009,010,012,14 & 015. No HOA. Overhead power is available. Water and sewer are in the street. Owner may carry short term with a short feasibility period.

    Penny Rowley Realty ONE Group, Inc

    Section Image

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
The Mora Family Trust $965,000 Nevada Title Las Vegas
Wilmington Savings Funds Society Fsb $700,000 Fidelity National Title
Bmo Harris Bank Na $600,389 None Available
Powell Paul -- First Amer Title Co Of Nv
Powell Paul $1,075,000 First Amer Title Co Of Nv
Atkinson & Stonestreet Llc $865,000 Chicago Title
Moran John T $673,000 Stewart Title Of Nevada
Moran John T $255,000 Stewart Title Of Nevada
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mora Family Trust $1,000,000
Previous Owner Powell Paul $300,000
Previous Owner Powell Paul $300,000
Previous Owner Powell Paul $967,500
Previous Owner Moran John T $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2015 02/06/15 Sold $965,000 -3.5% --
01/07/2015 01/07/15 Pending -- -- --
12/10/2014 12/10/14 For Sale $999,900 -- --
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 $40,780 $1,703,876 $466,375 $1,237,501
2024 $39,593 $1,703,876 $466,375 $1,237,501
2023 $39,593 $1,626,630 $455,000 $1,171,630
2022 $38,440 $1,450,545 $341,250 $1,109,295
2021 $37,320 $1,327,127 $280,000 $1,047,127
2020 $36,230 $1,308,454 $280,000 $1,028,454
2019 $35,175 $1,298,908 $280,000 $1,018,908
2018 $34,151 $1,261,150 $280,000 $981,150
2017 $37,201 $1,267,289 $280,000 $987,289
2016 $17,705 $236,250 $236,250 $0
2015 $4,076 $170,625 $170,625 $0
2014 $3,948 $170,625 $170,625 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1501345

Las Vegas REALTORS®

APN: 164-14-312-012