NOT LISTED FOR SALE

Estimated Value: $2,274,000 - $3,149,037

5 Beds
5.5 Baths
5,536 Sq Ft
$506/Sq Ft Est. Value

Last Sold February 27, 2015

Last sale price $1,600,000 $289 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $16,960/month

473 Days on Market

Highlights

  • Guest House
  • Heated In Ground Pool
  • Gated Community
  • Ethel W. Staton Elementary School Rated A-
  • Custom Home
  • 0.65 Acre Lot

About This Home

As of February 2015

THIS 5 BEDROOM, 5.5 BATH CUSTOM HOME INSIDE GUARD GATED MOUNTAIN TRAILS IN SUMMERLIN IS A MASTERPIECE. IT'S 4,821 SQ FT FOR THE MAIN HOUSE AND 715 SQ FT TOTAL OF 5,526 SQ FT. IT HAS A 5 CAR GARAGE, RESORT STYLE POOL AND SPA, BASKETBALL COURT AND SEPARATE CASITA/GUEST HOUSE WITH IT'S OWN KITCHENETTE, LIVING ROOM AREA AND ATACHED GARAGE. THIS HOME ALSO FEATURES A GOURMET KITCHEN WITH VIKING AND SUB ZERO APPLIANCES.

Last Agent to Sell the Property

Charmaine Prospero

Simply Vegas License #BS.1001741 Listed on: 10/11/2013

Simply Vegas

Last Buyer's Agent

Charmaine Prospero

Simply Vegas License #BS.1001741 Listed on: 10/11/2013

Simply Vegas

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,906

Year Built

  • Built in 2002

Lot Details

  • 0.65 Acre Lot
  • West Facing Home
  • Block Wall Fence
  • Drip System Landscaping
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Back Yard Fenced and Front Yard
  • Property is in excellent condition

HOA Fees

Parking

  • 5 Car Attached Garage
  • Parking Storage or Cabinetry
  • Inside Entrance
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Custom Home
  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 5,536 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 3 Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Plantation Shutters
  • Blinds
  • Great Room

Kitchen

  • Double Convection Oven
  • Built-In Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Intercom

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Waterfall Pool Feature

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace
  • Built-In Barbecue

Schools

  • Staton Elementary School
  • Rogich Sig Middle School
  • Palo Verde High School

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Underground Utilities
  • Water Softener is Owned
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows
  • Guest House

Community Details

Overview

  • Association fees include management, ground maintenance, recreation facilities, security
  • Mountain Trails Association, Phone Number (702) 932-6809
  • Half Acres Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Tennis Courts
  • Community Playground

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,906

Year Built

Built in 2002

Lot Details

0

HOA Fees

$495 per month

Parking

5

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.65
  • Ownership: Single Family Residential
  • Subdivision Name: HALF ACRES
  • Directions: From Summerlin Pkwy, N on Town Center, L on roundabout to Village Center, W on Trailwood, N on Crestdale, L on Summerhaven into Mountain Trails guard-gate for access.
  • Architectural Style: One Story, Custom
  • Carport Y N: No
  • Garage Yn: Yes
  • Efficiency: Windows
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 2002
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Association Fee 3 Frequency: Monthly
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 2002

Interior Features

  • Furnished: Unfurnished
  • Spa Features: In Ground, Outdoor Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Electric Oven, Convection Oven, Double Oven, Dryer, Dishwasher, Gas Cooktop, Disposal, Microwave, Refrigerator, Water Softener Owned, Wine Refrigerator, Washer
  • Other Equipment: Intercom
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Gas, Great Room, Primary Bedroom, Outside
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood, Marble
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Great Room, Primary Downstairs, Window Treatments
  • Living Area: 5536.0
  • Window Features: Blinds, Double Pane Windows, Plantation Shutters

Exterior Features

  • Fencing: Block, Back Yard
  • Lot Features: 1/4 to 1 Acre Lot, Back Yard, Drip Irrigation/Bubblers, Front Yard, Sprinklers In Rear, Sprinklers In Front, Landscaped, Synthetic Grass
  • Pool Features: Heated, In Ground, Private, Waterfall
  • Pool Private: Yes
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Frame, Stucco, Drywall
  • Direction Faces: West
  • Exterior Features: Built-in Barbecue, Barbecue, Circular Driveway, Patio, Private Yard, Sprinkler/Irrigation
  • Other Structures: Guest House
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Excellent, Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 5.0
  • Parking Features: Attached, Garage, Garage Door Opener, Inside Entrance, Storage

Utilities

  • Laundry Features: Gas Dryer Hookup, Main Level, Laundry Room
  • Security: Security System Owned
  • Cooling: Central Air, Electric, 2 Units
  • Cooling Y N: Yes
  • Heating: Central, Gas, Multiple Heating Units
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Gated, Playground, Guard, Security, Tennis Court(s)
  • Association Fee: 450.0
  • Association Fee Frequency: Monthly
  • Association Name: Mountain Trails
  • Phone: 702-932-6809
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly
  • HOA Fee 3: 45.0

Fee Information

  • Association Fee Includes: Association Management, Maintenance Grounds, Recreation Facilities, Security

Schools

  • Elementary School: Staton, Ethel W,Stanton Ethel
  • High School: Palo Verde
  • Middle Or Junior School: Rogich Sig

Lot Info

  • Current Use: Residential
  • Horse Amenities: None
  • Lot Size Sq Ft: 28314.0
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9906.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2013
Closed on
Feb 25, 2015
Sold by
Magnatech Holdings Inc
Bought by
Litt Charles and Litt Emily
Seller's Agent
Charmaine Prospero
Simply Vegas
Buyer's Agent
Charmaine Prospero
Simply Vegas
List Price
$1,695,000
Sold Price
$1,600,000
Premium/Discount to List
-$95,000
-5.6%
Current Estimated Value
$2,802,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,202,346
Avg. Annual Appreciation
4.39%
Original Mortgage
$1,200,000
Outstanding Balance
$913,589
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,610,229

Purchase Details

Closed on
Feb 25, 2011
Sold by
Barnett James E and Barnett Lisa
Bought by
Magnatech Holdings Inc

Purchase Details

Closed on
May 28, 2003
Sold by
Barnett James E and Barnett Lisa
Bought by
Barnett James E and Barnett Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$646,000
Interest Rate
5.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 1, 2002
Sold by
Barnett James E and Barnett Lisa
Bought by
Barnett James E and Barnett Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$649,000
Interest Rate
6.87%

Purchase Details

Closed on
Mar 28, 1997
Sold by
Howard Hughes Properties
Bought by
Barnett James E and Barnett Lisa
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
Litt Charles $1,600,000 Lawyers Title Of Nevada
Magnatech Holdings Inc $1,300,000 Lawyers Title Of Nevada Vil
Barnett James E -- Lawyers Title Of Nevada
Barnett James E -- Lawyers Title Of Nevada
Barnett James E -- Stewart Title
Barnett James E -- Stewart Title
Barnett James E $175,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Litt Charles $1,200,000
Previous Owner Barnett James E $646,000
Previous Owner Barnett James E $649,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2015 02/27/15 Sold $1,600,000 -5.6% $289 / Sq Ft
01/28/2015 01/28/15 Pending -- -- --
10/11/2013 10/11/13 For Sale $1,695,000 -- $306 / 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 $19,286 $765,619 $271,950 $493,669
2024 $17,858 $765,619 $271,950 $493,669
2023 $10,419 $655,832 $189,000 $466,832
2022 $15,774 $559,727 $152,600 $407,127
2021 $14,606 $521,778 $135,450 $386,328
2020 $13,559 $552,215 $169,750 $382,465
2019 $12,707 $527,041 $149,450 $377,591
2018 $12,125 $498,444 $133,000 $365,444
2017 $15,244 $464,066 $122,500 $341,566
2016 $10,419 $453,110 $105,000 $348,110
2015 $10,524 $342,656 $77,000 $265,656
2014 $10,199 $353,821 $46,200 $307,621
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1391252

Las Vegas REALTORS®

APN: 138-19-220-008