NOT LISTED FOR SALE

Estimated Value: $4,819,000 - $5,833,000

6 Beds
8 Baths
10,202 Sq Ft
$520/Sq Ft Est. Value

Last Sold February 27, 2013

Last sale price $1,960,000 $192 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $32,924/month

346 Days on Market

Highlights

  • Guest House
  • Country Club
  • Custom Home
  • On Golf Course
  • Heated Pool and Spa
  • Gated Community

About This Home

As of February 2013

Championship Golf Location & Views, Majestic Mountain Setting, Custom Beauty w/No Amenity Missed, Home Includes Full Indoor Spa/Wellness Center, Game Room w/Full Wetbar, State Of The Art Media Room, Private Office, Detached Casita, Automatic Pocket Doors, Gourmet Kitchen, Wine Cellar, Crestron System, Tranquil Courtyard, Spectacular Pool & Spa, Elevator, & much more.

Last Agent to Sell the Property

Rob Jensen

Rob Jensen Company License #B.0143770 Listed on: 02/16/2012

Last Buyer's Agent

Mitch McClellan

Southern Highlands Realty Corp License #B.0031705

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,907

Year Built

  • Built in 2008

Lot Details

  • 0.54 Acre Lot
  • On Golf Course
  • West Facing Home
  • Wrought Iron Fence
  • Drip System Landscaping
  • Front Yard Sprinklers
  • Back Yard Fenced and Front Yard
  • Property is in excellent condition

HOA Fees

Parking

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

Property Views

  • Golf Course
  • Las Vegas Strip
  • Mountain

Home Design

  • Custom Home
  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 10,202 Sq Ft Home
  • 1-Story Property
  • Elevator
  • Central Vacuum
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Great Room
  • Living Room with Fireplace
  • 4 Fireplaces
  • Basement

Kitchen

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

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry on main level
  • Gas Dryer Hookup

Home Security

  • Security System Owned
  • Intercom

Pool

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

Outdoor Features

  • Balcony
  • Courtyard
  • Covered patio or porch
  • Outdoor Water Feature
  • Outdoor Fireplace
  • Built-In Barbecue

Schools

  • Stuckey Elementary School
  • Tarkanian Middle School
  • Desert Oasis High School

Utilities

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

Additional Features

  • Energy-Efficient Windows with Low Emissivity
  • Guest House

Community Details

Overview

  • Association fees include management, ground maintenance, recreation facilities, security
  • Southern Highlands Association, Phone Number (702) 361-6640
  • Parcel 315 Unit 1 At Southern Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Golf Course Community
  • Country Club
  • Tennis Courts

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,907

Year Built

Built in 2008

Lot Details

0

HOA Fees

$655 per month

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Golf Course
  • Lot Size Acres: 0.54
  • Subdivision Name: PARCEL 315 UNIT 1 AT SOUTHERN
  • Directions: I-15 South to St. Rose Pkwy/So. Highlands Pkwy, curve Right, continue on So.Highlands Pkwy, Left on Stonewater, Left to Augusta Canyon guard house.
  • 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: 2008
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Association Fee 3 Frequency: Monthly
  • Special Features: 12
  • Stories: 1
  • Year Built: 2008

Interior Features

  • Furnished: Unfurnished
  • Spa Features: In Ground, Outdoor Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Electric Oven, Built-In Gas Oven, Convection Oven, Double Oven, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Water Softener Owned, Water Purifier, Wine Refrigerator
  • Other Equipment: Intercom
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 4
  • Possible Bedrooms: 6
  • Total Bedrooms: 6
  • Fireplace Features: Gas, Living Room, Primary Bedroom, Outside
  • Fireplaces: 4
  • Fireplace: Yes
  • Flooring: Hardwood, Marble
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Great Room, Central Vacuum, Elevator
  • Window Features: Double Pane Windows, Low Emissivity Windows

Exterior Features

  • Fencing: Back Yard, Wrought Iron
  • Lot Features: 1/4 to 1 Acre Lot, Drip Irrigation/Bubblers, Front Yard, Sprinklers In Front, Landscaped, On Golf Course, Rocks
  • Pool Features: Heated, Pool/Spa Combo, Waterfall
  • Pool Private: Yes
  • View: Golf Course, Mountain(s), Strip View
  • View: Yes
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Frame, Stucco, Drywall
  • Direction Faces: West
  • Exterior Features: Built-in Barbecue, Balcony, Barbecue, Courtyard, Exterior Steps, Patio, Private Yard, Sprinkler/Irrigation, Water Feature
  • Other Structures: Guest House
  • Patio And Porch Features: Balcony, Covered, Patio
  • Property Condition: Excellent, Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Attached, Finished Garage, Garage, Garage Door Opener, Inside Entrance

Utilities

  • Laundry Features: Gas Dryer Hookup, Main Level, Upper Level
  • 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

  • Senior Community: No
  • Amenities: Country Club, Golf Course, Gated, Guard, Tennis Court(s)
  • Association Fee: 600.0
  • Association Fee Frequency: Monthly
  • Association Name: Southern Highlands
  • Phone: 702-361-6640
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly
  • HOA Fee 3: 55.0

Fee Information

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

Schools

  • Elementary School: Stuckey, Evelyn,Stuckey, Evelyn
  • High School: Desert Oasis
  • Middle Or Junior School: Tarkanian

Lot Info

  • Current Use: Residential
  • Horse Amenities: None
  • Lot Size Sq Ft: 23522.0
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 28907.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2012
Closed on
Apr 5, 2013
Sold by
Juniper Financial Services Llc
Bought by
Otting Joseph M and Otting Yvonne R
Seller's Agent
Rob Jensen
Rob Jensen Company
Buyer's Agent
Mitch McClellan
Southern Highlands Realty Corp
List Price
$2,500,000
Sold Price
$1,960,000
Premium/Discount to List
-$540,000
-21.6%
Total Days on Market
346
Current Estimated Value
$5,304,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,344,666
Avg. Annual Appreciation
8.56%
Original Mortgage
$1,500,000
Outstanding Balance
$1,030,687
Interest Rate
2.36%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,336,224

Purchase Details

Listed on
Feb 16, 2012
Closed on
Feb 25, 2013
Sold by
Shomer Bobby
Bought by
Juniper Financial Services Llc
Seller's Agent
Rob Jensen
Rob Jensen Company
Buyer's Agent
Mitch McClellan
Southern Highlands Realty Corp
List Price
$2,500,000
Sold Price
$1,960,000
Premium/Discount to List
-$540,000
-21.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,030,687
Interest Rate
2.36%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,336,224

Purchase Details

Listed on
Feb 16, 2012
Closed on
Feb 12, 2013
Sold by
Shomer Bobby
Bought by
Juniper Financial Services Llc
Seller's Agent
Rob Jensen
Rob Jensen Company
Buyer's Agent
Mitch McClellan
Southern Highlands Realty Corp
List Price
$2,500,000
Sold Price
$1,960,000
Premium/Discount to List
-$540,000
-21.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,030,687
Interest Rate
2.36%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,336,224

Purchase Details

Listed on
Oct 31, 2011
Closed on
Feb 25, 2012
Sold by
Shomer Bobby
Bought by
Juniper Financial Services Llc
Seller's Agent
Rob Jensen
Rob Jensen Company
Buyer's Agent
Valerie ODonnell Wright
Simply Vegas
Sold Price
$9,995

Purchase Details

Closed on
Jul 9, 2010
Sold by
Krystal Development
Bought by
Shomer 2008 Trust

Purchase Details

Closed on
Feb 27, 2008
Sold by
Shomer Bobby and Shomer Kristen Lynne
Bought by
Krystal Development Co Inc

Purchase Details

Closed on
Dec 13, 2007
Sold by
Shomer Bobby
Bought by
Shomer Bobby and Shomer Kristen Lynne

Purchase Details

Closed on
Jan 25, 2007
Sold by
Shomer Kristen
Bought by
Shomer Bobby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,320,000
Interest Rate
8.25%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 24, 2007
Sold by
Shomer Bobby
Bought by
Shomer Bobby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,320,000
Interest Rate
8.25%
Mortgage Type
Construction
Source: Public Records

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Range of Values:

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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
Otting Joseph M $2,200,000 Equity Title Of Nevada
Juniper Financial Services Llc $1,960,000 Equity Title Of Nevada
Shomer Bobby -- Equity Title Of Nevada
Shomer Bobby -- Equity Title Of Nevada
Juniper Financial Services Llc -- Equity Title Of Nevada
Juniper Financial Services Llc -- Equity Title Of Nevada
Juniper Financial Services Llc -- Equity Title Of Nevada
Shomer 2008 Trust $3,700,000 None Available
Krystal Development Co Inc -- None Available
Shomer Bobby -- None Available
Shomer Bobby -- Ticor Title Of Nevada Inc
Shomer Bobby -- Ticor Title Of Nevada Inc
Shomer Bobby -- Ticor Title Of Nevada Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otting Joseph M $1,500,000
Previous Owner Shomer Bobby $4,320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2013 02/27/13 Sold $1,960,000 +19509.8% $192 / Sq Ft
01/28/2013 01/28/13 Pending -- -- --
03/14/2012 03/14/12 Rented $9,995 0.0% --
02/16/2012 02/16/12 For Sale $2,500,000 0.0% $245 / Sq Ft
02/13/2012 02/13/12 Under Contract -- -- --
10/31/2011 10/31/11 For Rent $11,000 -- --
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 $30,915 $1,746,838 $560,000 $1,186,838
2024 $30,015 $1,746,838 $560,000 $1,186,838
2023 $30,015 $1,627,727 $525,000 $1,102,727
2022 $29,141 $1,266,239 $245,000 $1,021,239
2021 $28,293 $1,195,869 $227,500 $968,369
2020 $27,466 $1,183,564 $227,500 $956,064
2019 $26,666 $1,160,751 $213,500 $947,251
2018 $25,889 $1,093,509 $175,000 $918,509
2017 $31,489 $1,072,671 $140,000 $932,671
2016 $24,500 $1,014,134 $131,250 $882,884
2015 $24,449 $1,018,625 $105,000 $913,625
2014 $23,737 $788,556 $70,000 $718,556
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1226782

Las Vegas REALTORS®

APN: 191-06-314-007