NOT LISTED FOR SALE

Estimated Value: $7,428,000 - $10,823,501

7 Beds
7.5 Baths
9,049 Sq Ft
$953/Sq Ft Est. Value

Last Sold November 22, 2024

Last sale price $11,250,000 $1,243 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $49,011/month

416 Days on Market

Highlights

  • Guest House
  • On Golf Course
  • Tennis Courts
  • Judy & John L. Goolsby Elementary School Rated A-
  • Fitness Center
  • Garage Cooled

About This Home

As of November 2024

Nestled on nearly an acre of meticulously manicured land,pinnacle of luxury living.Unrivaled panoramic views of the iconic Strip,a total liv space of over 9,000 sqft,Architectural masterpiece is a symphony of opulence & craftsmanship.Grand entry courtyard w/mesmerizing water features & sculpture.2 showcase grg's, a haven for auto enthusiasts.Residence is a world of luxury.Gourmet ktchn.Great rm illuminated by an abundance of light,features multiple pocket drs that seamlessly blend indr/outdr liv.impeccably finished.private & secure,behind double gates.Serene oasis for relaxation &entertainment.Private office,versatile loft liv space & movie theater add to allure of hm.1,800 sf guest house w/entertainment rm,bdrm,massage rm,fully equipped gym.Outdoor spaces are masterpieces.Breathtaking views of the Las Vegas Strip.Pool & spa equip w/fountains &multiple fire features.Savor desert sunsets & stary nights.More than just a residence;it's a statement of uncompromising luxury & sophistication

Last Agent to Sell the Property

Jillian Batchelor

Real Broker LLC License #S.0059838 Listed on: 10/02/2023

Last Buyer's Agent

Zar Zanganeh

The Agency Las Vegas License #BS.1000811

The Agency Las Vegas

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,710

Year Built

  • Built in 2015

Lot Details

  • 0.89 Acre Lot
  • On Golf Course
  • Cul-De-Sac
  • North Facing Home
  • Wrought Iron Fence
  • Block Wall Fence
  • Drip System Landscaping
  • Front and Back Yard Sprinklers
  • Back Yard Fenced
  • Property is in good condition

HOA Fees

Parking

  • 7 Car Attached Garage
  • Garage Cooled
  • Parking Storage or Cabinetry
  • Inside Entrance
  • Epoxy
  • Garage Door Opener
  • Circular Driveway

Property Views

  • Golf Course
  • Las Vegas Strip
  • Mountain

Home Design

  • Flat Roof Shape
  • Frame Construction
  • Stucco

Interior Spaces

  • 9,049 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Fireplace
  • Awning
  • Window Treatments
  • Great Room
  • Prewired Security

Kitchen

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

Flooring

  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer
  • Sink Near Laundry
  • Laundry Cabinets

Eco-Friendly Details

  • Energy-Efficient Windows with Low Emissivity
  • Energy-Efficient HVAC

Pool

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

Outdoor Features

  • Tennis Courts
  • Balcony
  • Courtyard
  • Covered Patio or Porch
  • Outdoor Water Feature
  • Built-In Barbecue

Additional Homes

  • Guest House

Schools

  • Goolsby Elementary School
  • Fertitta Frank & Victoria Middle School
  • Durango High School

Utilities

  • Two cooling system units
  • High Efficiency Air Conditioning
  • Central Air
  • Multiple Heating Units
  • High Efficiency Heating System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Underground Utilities
  • Tankless Water Heater
  • Hot Water Circulator
  • Water Purifier
  • Water Softener is Owned

Community Details

Overview

  • Association fees include management, ground maintenance, security
  • The Ridges Association, Phone Number (702) 791-4600
  • Built by Blue Heron
  • Summerlin Village 18 The Ridges Subdivision, Custom Floorplan
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Fitness Center
  • Community Pool
  • Community Spa
  • Park
  • Dog Park
  • Jogging Path

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,710

Year Built

Built in 2015

Lot Details

0

HOA Fees

$547 per month

Parking

7

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Golf Course
  • Lot Size Acres: 0.89
  • Ownership: Single Family Residential
  • Subdivision Name: Summerlin Village 18 The Ridges
  • Directions: Head west on Desert Inn to the end. Left, then Right into The Ridges, Through guard gate to 3rd subdivision on the Left "Redhawk" left on Hawk Ridge to the end.
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Efficiency: Windows, HVAC
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 2015
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 2015

Interior Features

  • Furnished: Unfurnished
  • Spa Features: In Ground, Outdoor Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Electric Oven, Double Oven, Dryer, Dishwasher, Gas Cooktop, Disposal, Hot Water Circulator, Microwave, Refrigerator, Water Softener Owned, Tankless Water Heater, Water Purifier, Wine Refrigerator, Washer
  • Other Equipment: Water Softener Loop
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplace Features: Gas, Great Room, Primary Bedroom
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Marble
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Window Treatments, Programmable Thermostat
  • Living Area: 9049.0
  • Window Features: Low-Emissivity Windows, Window Treatments

Exterior Features

  • Fencing: Block, Back Yard, Wrought Iron
  • Lot Features: 1/4 to 1 Acre Lot, Back Yard, Cul-De-Sac, Drip Irrigation/Bubblers, Sprinklers In Rear, Sprinklers In Front, Landscaped, On Golf Course
  • Pool Features: Heated, In Ground, Negative Edge, Private, Waterfall, Association, Community
  • Pool Private: Yes
  • View: Golf Course, Mountain(s), Strip View
  • View: Yes
  • Disclosures: Covenants/Restrictions Disclosure
  • Builder Name: Blue Heron
  • Construction Type: Frame, Stucco
  • Direction Faces: North
  • Exterior Features: Built-in Barbecue, Balcony, Barbecue, Circular Driveway, Courtyard, Patio, Private Yard, Tennis Court(s), Awning(s), Sprinkler/Irrigation, Water Feature
  • Other Structures: Guest House
  • Patio And Porch Features: Balcony, Covered, Patio
  • Property Condition: Good Condition, Resale
  • Roof: Flat

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 7.0
  • Parking Features: Air Conditioned Garage, Attached, Epoxy Flooring, Finished Garage, Garage, Garage Door Opener, Inside Entrance, Shelves, Storage

Utilities

  • Laundry Features: Cabinets, Gas Dryer Hookup, Main Level, Laundry Room, Sink
  • Security: Prewired, Gated Community
  • Cooling: Central Air, Electric, High Efficiency, 2 Units
  • Cooling Y N: Yes
  • Heating: Gas, High Efficiency, Multiple Heating Units
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Basketball Court, Clubhouse, Dog Park, Fitness Center, Golf Course, Gated, Jogging Path, Park, Pool, Guard, Spa/Hot Tub, Security, Tennis Court(s)
  • Association #2 Fee: 490.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 57.0
  • Association Fee Frequency: Monthly
  • Association Name: The Ridges
  • Phone: 702-791-4600
  • Association: Yes

Fee Information

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

Schools

  • Elementary School: Goolsby, Judy & John,Goolsby, Judy & John
  • High School: Durango
  • Middle Or Junior School: Fertitta Frank & Victoria

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 38768.0
  • Additional Parcels Description: ---
  • Zoning Description: Single Family

Tax Info

  • Tax Annual Amount: 33710.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2023
Closed on
Nov 20, 2024
Sold by
Eric M Schroeder M and Eric Diane C
Bought by
Reiser Revocable Trust and Reiser
Seller's Agent
Jillian Batchelor
Real Broker LLC
Buyer's Agent
Zar Zanganeh
The Agency Las Vegas
List Price
$15,000,000
Sold Price
$11,250,000
Premium/Discount to List
-$3,750,000
-25%
Views
1392
Current Estimated Value
$8,628,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,621,833
Avg. Annual Appreciation
-23.31%

Purchase Details

Listed on
Sep 25, 2020
Closed on
Nov 6, 2020
Sold by
Naqvi Farhan R and Naqvi Elahe
Bought by
Schroeder Eric M and Schroeder Diane C
Seller's Agent
Gavin Ernstone
Simply Vegas
Buyer's Agent
Jillian Batchelor
Real Broker LLC
List Price
$7,750,000
Sold Price
$7,400,000
Premium/Discount to List
-$350,000
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.98%
Original Mortgage
$3,700,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2015
Sold by
Naqvi Farhan
Bought by
Feds Nevada Trust

Purchase Details

Closed on
Sep 24, 2013
Sold by
Naqui Elahe
Bought by
Naqui Farhan

Purchase Details

Closed on
Feb 25, 2011
Sold by
Bradford Michael S and Bradford Ann L
Bought by
27 Hawk Ridge Llc

Purchase Details

Closed on
Jan 13, 2006
Sold by
Howard Hughes Properties Inc
Bought by
Bradford Michael S and Bradford Ann L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$719,250
Interest Rate
6.32%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reiser Revocable Trust $11,250,000 Wfg Title
Schroeder Eric M $7,400,000 Clear Title Company
Feds Nevada Trust -- None Available
Naqui Farhan -- Nevada Title Las Vegas
Naqvi Farhan $502,589 Nevada Title Las Vegas
27 Hawk Ridge Llc -- None Available
Bradford Michael S $959,000 Nevada Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schroeder Eric M $3,700,000
Previous Owner Bradford Michael S $719,250
Closed Naqvi Farhan $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2024 11/22/24 Sold $11,250,000 -5.8% $1,243 / Sq Ft
08/10/2024 08/10/24 Price Changed $11,949,000 -7.7% $1,320 / Sq Ft
05/11/2024 05/11/24 Price Changed $12,949,000 -4.1% $1,431 / Sq Ft
02/28/2024 02/28/24 Price Changed $13,499,999 -3.6% $1,492 / Sq Ft
11/02/2023 11/02/23 Price Changed $13,999,999 -6.7% $1,547 / Sq Ft
10/02/2023 10/02/23 For Sale $15,000,000 +102.7% $1,658 / Sq Ft
11/16/2020 11/16/20 Sold $7,400,000 -4.5% $835 / Sq Ft View Prior Sale
10/17/2020 10/17/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $7,750,000 -- $875 / 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 $36,406 $1,699,532 $833,000 $866,532
2024 $33,710 $1,699,532 $833,000 $866,532
2023 $33,710 $1,380,461 $595,000 $785,461
2022 $30,545 $1,126,195 $401,625 $724,570
2021 $28,282 $1,009,415 $327,250 $682,165
2020 $26,258 $1,000,959 $327,250 $673,709
2019 $25,493 $990,667 $327,250 $663,417
2018 $24,750 $937,278 $297,500 $639,778
2017 $27,679 $942,615 $297,500 $645,115
2016 $23,421 $821,353 $245,700 $575,653
2015 $21,214 $174,650 $174,650 $0
2014 $4,196 $174,650 $174,650 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2530944

Las Vegas REALTORS®

APN: 164-14-812-013