NOT LISTED FOR SALE

Estimated Value: $599,000 - $633,207

3 Beds
2.5 Baths
1,923 Sq Ft
$322/Sq Ft Est. Value

Highlights

  • 2 Car Attached Garage
  • Two cooling system units
  • Park
  • Sig Rogich Middle School Rated 10
  • Community Playground
  • Ceiling Fan

About This Home

As of November 2023

Special offer for a 2 year lease $200.00 P/M rent reduction in year 2 Some restrictions apply. Welcome to The HEART of Summerlin. Moments from Downtown Summerlin This freshly painted, 3 bedrooms, a den/loft area and 2.5 baths should make the perfect landing spot for your next home. Over 1900 square Ft of living space featuring a huge Desert landscaped rear/side yards. Covered patio, Cul de Sac location Unique stained concrete flooring in living areas downstairs and all new carpeting upstairs. All appliances included

Last Agent to Rent the Property

James Allen

First Mutual Realty Group Brokerage Phone: 702-749-0555 License #BS.0143306 Listed on: 08/07/2023

Last Renter's Agent

Steven Lockhart

First Mutual Realty Group License #S.0194053

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,905

Year Built

  • Built in 2003

Lot Details

  • 6,534 Sq Ft Lot
  • South Facing Home
  • Back Yard Fenced
  • Block Wall Fence

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,923 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Washer and Dryer

Schools

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

Utilities

  • Two cooling system units
  • Central Air
  • Multiple Heating Units
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $2,600
  • Property Available on 8/11/23
  • Tenant pays for cable TV, electricity, gas, key deposit, trash collection, water
  • The owner pays for association fees, grounds care
  • 12 Month Lease Term

Community Details

Overview

  • Property has a Home Owners Association
  • Terrawest Association, Phone Number (702) 362-6262
  • Magnolia HOA, Phone Number (702) 362-6262
  • Magnolia At Summerlin Centre Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,905

Year Built

Built in 2003

Lot Details

0

Parking

2

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Cable TV, Electricity, Gas, Key Deposit, Trash Collection, Water
  • Available Date: 2023-08-11
  • Security Deposit: 2600.0
  • Pet Deposit: 500.0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.15
  • Subdivision Name: Magnolia At Summerlin Centre
  • Directions: East on Sahara from Downtown Summerlin to Blue Willow. North on Blue Willow. Right @ Stop sign , right @1st corner. Left and immediate past park Right on Red Bud to 2287
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 2003
  • ResoPropertyType: ResidentialLease
  • Attribution Contact: 702-749-0555
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Gas Cooktop, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer/DryerAllInOne, Washer
  • Owner Pays: Association Fees, Grounds Care
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Concrete
  • Interior Amenities: Ceiling Fan(s), Window Treatments
  • Living Area: 1923.0
  • Window Features: Blinds, Window Treatments

Exterior Features

  • Fencing: Block, Back Yard
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Frame, Stucco
  • Direction Faces: South
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Laundry Features: Gas Dryer Hookup, Main Level
  • Cooling: Central Air, Electric, 2 Units
  • Cooling Y N: Yes
  • Heating: Gas, Multiple Heating Units
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Playground, Park
  • Association: Magnolia HOA
  • Association Name: Terrawest
  • Association Phone #2: 702-362-6262
  • Phone: 702-362-6262
  • Association: Yes
  • Pets Allowed: Call, Negotiable

Schools

  • Elementary School: Ober, D'Vorre & Hal,Ober, D'Vorre & Hal
  • High School: Palo Verde
  • Middle Or Junior School: Rogich Sig

Lot Info

  • Lot Size Sq Ft: 6534.0
  • Additional Parcels Description: ---
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2005
Sold by
Olivas Michael P
Bought by
Brull Richard and Brull Kerren
Current Estimated Value
$620,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,400
Outstanding Balance
$157,468
Interest Rate
4.58%
Mortgage Type
Negative Amortization
Estimated Equity
$462,584

Purchase Details

Closed on
Sep 12, 2003
Sold by
Kimball Hill Magnolia Lp
Bought by
Olivas Michael P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,140
Interest Rate
4.62%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Brull Richard $105,000 Ticor Title Of Nevada Inc
Olivas Michael P $226,425 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brull Richard $322,400
Previous Owner Olivas Michael P $181,140
Closed Olivas Michael P $33,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2023 11/07/23 Rented $2,400 0.0% --
09/05/2023 09/05/23 Price Changed $2,400 -7.7% $1 / Sq Ft
08/07/2023 08/07/23 For Rent $2,600 +67.7% --
07/16/2016 07/16/16 Rented $1,550 -3.1% --
06/16/2016 06/16/16 Under Contract -- -- --
05/23/2016 05/23/16 For Rent $1,600 0.0% --
10/27/2015 10/27/15 For Rent $1,600 0.0% --
10/27/2015 10/27/15 Rented $1,600 -- --
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 $2,905 $131,878 $52,850 $79,028
2024 $2,690 $131,878 $52,850 $79,028
2023 $1,790 $114,054 $39,200 $74,854
2022 $2,491 $99,955 $31,500 $68,455
2021 $2,305 $93,985 $29,050 $64,935
2020 $2,138 $92,677 $28,350 $64,327
2019 $2,003 $87,662 $24,500 $63,162
2018 $1,912 $81,099 $20,650 $60,449
2017 $2,362 $80,339 $19,250 $61,089
2016 $1,790 $76,044 $15,050 $60,994
2015 $1,786 $64,588 $12,250 $52,338
2014 $1,730 $57,029 $8,750 $48,279
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2517849

Las Vegas REALTORS®

APN: 164-01-818-050