NOT LISTED FOR SALE

Estimated Value: $2,314,000 - $2,864,000

4 Beds
5 Baths
6,029 Sq Ft
$427/Sq Ft Est. Value

Last Sold May 05, 2016

Last sale price $1,500,000 $249 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $16,157/month

650 Days on Market

Highlights

  • Pool and Spa
  • Gated Community
  • 0.45 Acre Lot
  • Custom Home
  • Lake View
  • Fireplace in Primary Bedroom

About This Home

As of May 2016

Mediterranean themed Estate with Private Direct Dock Access to the Lake! Characterized w/ Beautiful Natural Stone, Broad Arched Entryways, an Expansive Floor Plan, Massive Great Room & Huge Wet Bar perfect to Host Grand Events! Desirable Location along the Leisure Lake within the Community! Breathtaking Infinity Edge Pool w/ Spa Cascade over a Dramatic Waterfall, w/Uninterrupted Lake Views. Impeccable Upkeep w/ Amenities

Last Agent to Sell the Property

Zar Zanganeh

The Agency Las Vegas License #BS.1000811 Listed on: 06/24/2014

The Agency Las Vegas

Last Buyer's Agent

Elsa Guan

Top Tier Realty License #S.0175672

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,442

Year Built

  • Built in 1999

Lot Details

  • 0.45 Acre Lot
  • West Facing Home
  • Partially Fenced Property
  • Block Wall Fence
  • Drip System Landscaping
  • Front Yard
  • Property is in good condition

HOA Fees

  • $326 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Custom Home
  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 6,029 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Partially Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Plantation Shutters
  • Blinds
  • Drapes & Rods
  • Great Room
  • Living Room with Fireplace
  • 3 Fireplaces
  • Security System Owned

Kitchen

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

Flooring

  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Windows
  • Sprinkler System

Pool

  • Pool and Spa
  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Covered patio or porch

Schools

  • Christensen Mj Elementary School
  • Fertitta Frank & Victoria Middle School
  • Spring Valley High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • Water Purifier
  • Water Softener is Owned

Community Details

Overview

  • Association fees include management, ground maintenance, security
  • The Lakes Estates Association, Phone Number (702) 638-7770
  • Lakes At West Sahara Phase 1 Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Tennis Courts

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,442

Year Built

Built in 1999

Lot Details

0

HOA Fees

$326 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.45
  • Ownership: Single Family Residential
  • Subdivision Name: LAKES AT WEST SAHARA PHASE 1
  • Directions: From Durango & Sahara, West on Sahara, Left on Crystal Water, Left on Coast Line (through gate), Left (again) on Coast Line Left on High Sail.
  • Architectural Style: Two Story, Custom
  • Carport Y N: No
  • Garage Yn: Yes
  • Efficiency: Windows
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1999
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1999

Interior Features

  • Furnished: Partially
  • Spa Features: In Ground
  • Private Spa: Yes
  • Appliances: Built-In Electric Oven, Double Oven, Dryer, Dishwasher, Gas Cooktop, Disposal, Microwave, Refrigerator, Water Softener Owned, Water Purifier, Washer
  • Full Bathrooms: 5
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas, Great Room, Living Room, Primary Bedroom
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Marble
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Great Room, Primary Downstairs, Window Treatments, Central Vacuum
  • Living Area: 6029.0
  • Window Features: Blinds, Double Pane Windows, Drapes, Plantation Shutters

Exterior Features

  • Fencing: Block, Partial
  • Lot Features: 1/4 to 1 Acre Lot, Drip Irrigation/Bubblers, Front Yard, Landscaped
  • Pool Features: In Ground, Private, Pool/Spa Combo
  • Pool Private: Yes
  • View: Lake, Mountain(s)
  • View: Yes
  • Disclosures: Principal is Real Estate Licensed, Covenants/Restrictions Disclosure
  • Construction Type: Frame, Stucco
  • Direction Faces: West
  • Exterior Features: Balcony, Patio, Sprinkler/Irrigation
  • Patio And Porch Features: Balcony, Covered, Patio
  • Property Condition: Good Condition, Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage, Private

Utilities

  • Laundry Features: Gas Dryer Hookup, Laundry Room
  • Security: Security System Owned, Security System
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Gated, Security, Tennis Court(s)
  • Association Fee: 326.0
  • Association Fee Frequency: Monthly
  • Association Name: The Lakes Estates
  • Phone: 702-638-7770
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Christensen MJ,Christensen MJ
  • High School: Spring Valley HS
  • Middle Or Junior School: Fertitta Frank & Victoria

Lot Info

  • Current Use: Residential
  • Horse Amenities: None
  • Lot Size Sq Ft: 19602.0
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 11442.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2014
Closed on
May 4, 2016
Sold by
Slitz John Francis and Slitz Nancy Ellen
Bought by
Wu Jing
Seller's Agent
Zar Zanganeh
The Agency Las Vegas
Buyer's Agent
Elsa Guan
Top Tier Realty
List Price
$1,699,999
Sold Price
$1,500,000
Premium/Discount to List
-$199,999
-11.76%
Current Estimated Value
$2,642,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,142,436
Avg. Annual Appreciation
5.81%

Purchase Details

Closed on
Dec 12, 2005
Sold by
Slitz John F and Slitz Nancy E
Bought by
Slitz John Francis and Slitz Nancy Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
6.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 24, 1999
Sold by
Tarmu Zamir and Tarmu Jane
Bought by
Slitz John F and Slitz Nancy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
7.5%

Purchase Details

Closed on
Jun 10, 1999
Sold by
Tarmu Zamir and Tarmu Jane
Bought by
Tarmu Zamir and Tarmu Jane

Purchase Details

Closed on
Dec 10, 1998
Sold by
Tarmu Family Living Trust
Bought by
Tarmu Zamir and Tarmu Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.78%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 30, 1998
Sold by
David Frederic J and David Lynne
Bought by
Tarmu Family Living Trust

Purchase Details

Closed on
Mar 1, 1995
Sold by
Hahamy Semuel and Hahamy Yehudith
Bought by
David Fredric J and David Lynne

Purchase Details

Closed on
Aug 19, 1994
Sold by
Hahamy Semuel and Hahamy Yehudith
Bought by
Hahamy Semuel and Hahamy Yehudith

Purchase Details

Closed on
Mar 14, 1994
Sold by
Yiee Lin
Bought by
Yiee Jong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
8.25%

Purchase Details

Closed on
Mar 10, 1994
Sold by
Callahan Ann and Lorenzo Michael
Bought by
Hahamy Semuel and Hahamy Yehudith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
8.25%
Source: Public Records

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
Wu Jing $1,500,000 Ticor Title Las Vegas
Slitz John Francis -- Equity Title Of Nevada
Slitz John F $1,230,000 United Title
Tarmu Zamir -- United Title
Tarmu Zamir -- United Title
Tarmu Family Living Trust $225,000 United Title
David Fredric J $240,000 First American Title Company
Hahamy Semuel -- --
Yiee Jong -- United Title
Hahamy Semuel $199,000 United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Slitz John Francis $570,000
Previous Owner Slitz John F $350,000
Previous Owner Slitz John F $950,000
Previous Owner Slitz John F $942,000
Previous Owner Slitz John F $750,000
Previous Owner Tarmu Zamir $800,000
Previous Owner Hahamy Semuel $69,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2016 05/05/16 Sold $1,500,000 -11.8% $249 / Sq Ft
04/05/2016 04/05/16 Pending -- -- --
06/24/2014 06/24/14 For Sale $1,699,999 -- $282 / 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 $16,360 $691,081 $173,250 $517,831
2024 $15,884 $691,081 $173,250 $517,831
2023 $15,884 $647,494 $138,600 $508,894
2022 $16,170 $600,730 $123,795 $476,935
2021 $15,655 $567,799 $114,975 $452,824
2020 $14,533 $559,938 $110,250 $449,688
2019 $13,620 $543,441 $97,650 $445,791
2018 $12,997 $537,272 $105,000 $432,272
2017 $17,756 $541,285 $105,000 $436,285
2016 $12,158 $465,406 $87,500 $377,906
2015 $12,141 $405,630 $87,500 $318,130
2014 $11,786 $356,092 $87,500 $268,592
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1457248

Las Vegas REALTORS®

APN: 163-08-216-012