NOT LISTED FOR SALE

Estimated Value: $544,444 - $585,000

3 Beds
2.5 Baths
1,840 Sq Ft
$309/Sq Ft Est. Value

Last Sold February 11, 2015

Last sale price $285,000 $155 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $3,442/month

7 Days on Market

Highlights

  • Main Floor Bedroom
  • Cul-De-Sac
  • 2 Car Attached Garage
  • Community Pool
  • Porch
  • Double Pane Windows

About This Home

As of February 2015

Minutes from Downtown Summerlin Mall & Red Rock! Better than a MODEL! Upgraded move in ready! Stunning kitchen and master bath! Vaulted Ceilings. Separate Living and family room. Cook Friendly kitchen with beautiful GRANITE ISLAND, JENN AIR appliances, stainless steel, walk in pantry too. Lot's on natural light. Beautiful backyard to enjoy. Awesome energy in this home. Front porch entry.

Last Listed By

Margie Cronkite

Realty ONE Group, Inc License #S.0049233 Listed on: 01/05/2015

Realty ONE Group, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,689

Year Built

  • Built in 2003

Lot Details

  • 3,485 Sq Ft Lot
  • Cul-De-Sac
  • West Facing Home
  • Block Wall Fence
  • Drip System Landscaping
  • Front Yard Sprinklers
  • Back Yard Fenced and Front Yard
  • Property is in excellent condition

HOA Fees

Parking

  • 2 Car Attached Garage
  • Inside Entrance
  • Garage Door Opener

Home Design

  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,840 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Blinds

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Patio
  • Outdoor Grill
  • Porch

Schools

  • Ober Dvorre & Hal* Elementary School
  • Rogich Sig Middle School
  • Palo Verde High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Community Details

Overview

  • Association fees include management, ground maintenance, reserve fund
  • Magnolia Association, Phone Number (702) 251-4531
  • Magnolia At Summerlin Centre U Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,689

Year Built

Built in 2003

Lot Details

0

HOA Fees

$71 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.08
  • Ownership: Single Family Residential
  • Subdivision Name: MAGNOLIA AT SUMMERLIN CENTRE U
  • Directions: Summerlin! 215 & Sahara, E. on Sahara pass Town Center, L. on Blue Willow, R. on Sandstone Bluffs, R. on Wesley lake, L. on Magnolia Tree, L. on Red Bud
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Efficiency: Windows
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 2003
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Association Fee 3 Frequency: Monthly
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 2003

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Gas Cooktop, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Bedroom on Main Level
  • Living Area: 1840.0
  • Window Features: Blinds, Double Pane Windows

Exterior Features

  • Fencing: Block, Back Yard
  • Lot Features: Back Yard, Cul-De-Sac, Drip Irrigation/Bubblers, Front Yard, Sprinklers In Front, Landscaped, < 1/4 Acre
  • Pool Features: Community
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Frame, Stucco
  • Direction Faces: West
  • Exterior Features: Barbecue, Porch, Patio, Private Yard, Sprinkler/Irrigation
  • Patio And Porch Features: Patio, Porch
  • Property Condition: Excellent, Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Finished Garage, Garage, Garage Door Opener, Inside Entrance

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Amenities: Playground, Pool, Spa/Hot Tub
  • Association Fee: 35.0
  • Association Fee Frequency: Monthly
  • Association Name: Magnolia
  • Phone: 702-251-4531
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly
  • HOA Fee 3: 36.0

Fee Information

  • Association Fee Includes: Association Management, Maintenance Grounds, Reserve Fund

Schools

  • Elementary School: Ober DVorre & Hal*,Ober DVorre & Hal*
  • High School: Palo Verde
  • Middle Or Junior School: Rogich Sig

Lot Info

  • Current Use: Residential
  • Horse Amenities: None
  • Lot Size Sq Ft: 3485.0
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1689.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2015
Closed on
Feb 10, 2015
Sold by
Drewski Mardi
Bought by
Rivello Thomas and Rivello Laura Lee
Seller's Agent
Margie Cronkite
Realty ONE Group, Inc
Buyer's Agent
Dolly Panagopoulos
Realty ONE Group, Inc
List Price
$300,000
Sold Price
$285,000
Premium/Discount to List
-$15,000
-5%
Total Days on Market
7
Current Estimated Value
$569,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,361
Avg. Annual Appreciation
6.95%
Original Mortgage
$228,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2008
Sold by
The Bank Of New York
Bought by
Drewski Donald F and Drewski Mardi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2007
Sold by
Cho Hyun Chul
Bought by
The Bank Of New York and Certificateholders Cwabs Inc Asset Backe

Purchase Details

Closed on
Dec 4, 2006
Sold by
Chung Hwan G
Bought by
Cho Hyun Chul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
8.62%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 29, 2003
Sold by
Chung Kyung S
Bought by
Chung Hwan G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 8, 2003
Sold by
Comeau William L and Comeau Prudence A
Bought by
Chung Hwan G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 5, 2003
Sold by
Comeau William L
Bought by
Comeau William L and Comeau Prudence A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 19, 2003
Sold by
Comeau Prudence A
Bought by
Comeau William C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
5.5%
Mortgage Type
Unknown

Range of Values:

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Average Value
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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
Rivello Thomas $285,000 National Title Co
Drewski Donald F $280,000 First Amer Title Co Of Nv
The Bank Of New York $309,960 Fidelity National Title
Cho Hyun Chul $430,000 National Title Company
Chung Hwan G -- Lawyers Title Of Nevada
Chung Hwan G $270,000 Lawyers Title Of Nevada
Comeau William L -- --
Comeau William C -- North American Title Co
Comeau William L $227,245 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivello Thomas W $259,500
Closed Rivello Thomas W $260,000
Closed Drewski Mardi $228,000
Previous Owner Drewski Donald F $174,670
Previous Owner Drewski Donald F $180,000
Previous Owner Cho Hyun Chul $344,000
Previous Owner Chung Hwan G $243,000
Previous Owner Comeau William L $219,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2015 02/11/15 Sold $285,000 -5.0% $155 / Sq Ft
01/12/2015 01/12/15 Pending -- -- --
01/05/2015 01/05/15 For Sale $300,000 -- $163 / 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 $2,203 $129,867 $52,850 $77,017
2024 $2,139 $129,867 $52,850 $77,017
2023 $2,139 $111,880 $39,200 $72,680
2022 $2,077 $98,071 $31,500 $66,571
2021 $2,015 $92,020 $29,050 $62,970
2020 $1,953 $90,713 $28,350 $62,363
2019 $1,896 $85,945 $24,500 $61,445
2018 $1,841 $79,426 $20,650 $58,776
2017 $2,312 $78,653 $19,250 $59,403
2016 $1,744 $74,423 $15,050 $59,373
2015 $1,740 $63,213 $12,250 $50,963
2014 $1,689 $55,664 $8,750 $46,914
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1505602

Las Vegas REALTORS®

APN: 164-01-818-016