NOT LISTED FOR SALE

Estimated Value: $6,353,000 - $7,625,053

0.55 Acre
$12,782,751 Price per Acre
23,958 Sq Ft Lot

Last Sold May 14, 2012

Last sale price $270,000

Est. 2,504% increase in value since last sale

Current estimated payment $40,608/month

93 Days on Market

Highlights

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

About This Lot

As of May 2012

One of the very few opportunities left to buy an over 1/2 acre lot in The Ridges for under $300K, no homes behind with a huge building envelope and possible city views from balconies. Architectural plans available, not a bank owned or short sale just a great lot at a great price.

Last Agent to Sell the Property

Gavin Ernstone

Simply Vegas License #B.1000642 Listed on: 01/11/2012

Simply Vegas

Last Buyer's Agent

Danielle Stonestreet

Six Star Realty License #B.0039685

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,781

Year Built

  • 2013

Lot Details

  • 0.55 Acre Lot
  • Cul-De-Sac

HOA Fees

  • $300 Monthly HOA Fees

Utilities

  • Underground Utilities

Community Details

Overview

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

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,781

Year Built

2013

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.55
  • Road Surface Type: Paved
  • Subdivision Name: SUMMERLIN VILLAGE 18 PARCEL E
  • Directions: From Desert Inn and Town Center, Head west on Desert Inn, South on Flamingo, Right to Guard, through gate follow Marble Ridge to left into Redhawk left on Soaring Bird.
  • ResoPropertyType: Land
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2013

Exterior Features

  • Lot Features: Cul-De-Sac

Utilities

  • Security: Gated Community
  • Electric: Underground
  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 300.0
  • 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: Family-1/2-2 Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2781.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2012
Closed on
May 7, 2012
Sold by
21 Soaring Bird Court Llc
Bought by
Fridman Vadim A and Fridman Natalya E
Seller's Agent
Gavin Ernstone
Simply Vegas
Buyer's Agent
Danielle Stonestreet
Six Star Realty
List Price
$299,000
Sold Price
$270,000
Premium/Discount to List
-$29,000
-9.7%
Total Days on Market
93
Current Estimated Value
$7,030,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,760,513
Avg. Annual Appreciation
28.08%

Purchase Details

Closed on
May 28, 2010
Sold by
Goodrich Kenneth
Bought by
21 Soaring Bird Court Llc

Purchase Details

Closed on
Nov 11, 2006
Sold by
Ahmed Kelly J
Bought by
Goodrich Kenneth and Kdg Living Trust

Purchase Details

Closed on
Aug 6, 2004
Sold by
Beck Kevin Ray
Bought by
Ahmed Kelly J

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
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 29, 2004
Sold by
Howard Hughes Properties Inc
Bought by
Ahmed Kelly J

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
5.62%
Mortgage Type
Unknown
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
Fridman Vadim A $270,000 Chicago Title Las Vegas
21 Soaring Bird Court Llc -- None Available
Goodrich Kenneth $595,000 Chicago Title
Ahmed Kelly J -- Nevada Title Company
Ahmed Kelly J $595,000 Nevada Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fridman 2005 Trust $1,000,000
Open Fridman Vadim A $1,850,000
Previous Owner Goodrich Kenneth $1,592,500
Previous Owner Ahmed Kelly J $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2012 05/14/12 Sold $270,000 -9.7% --
04/14/2012 04/14/12 Pending -- -- --
01/11/2012 01/11/12 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 $35,963 $1,614,594 $490,000 $1,124,594
2024 $34,916 $1,614,594 $490,000 $1,124,594
2023 $34,916 $1,407,768 $350,000 $1,057,768
2022 $33,899 $1,222,060 $236,250 $985,810
2021 $32,912 $1,122,101 $192,500 $929,601
2020 $31,981 $1,108,581 $192,500 $916,081
2019 $31,050 $1,097,116 $192,500 $904,616
2018 $30,145 $1,048,574 $175,000 $873,574
2017 $30,975 $1,055,011 $175,000 $880,011
2016 $28,526 $1,031,434 $151,200 $880,234
2015 $28,486 $939,289 $94,500 $844,789
2014 $27,586 $94,500 $94,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1216732

Las Vegas REALTORS®

APN: 164-14-313-020