NOT LISTED FOR SALE

Estimated Value: $2,340,000 - $8,248,537

0.7 Acre
$8,731,263 Price per Acre
30,492 Sq Ft Lot

Last Sold June 11, 2014

Last sale price $950,000

Est. 543% increase in value since last sale

Current estimated payment $38,174/month

257 Days on Market

Highlights

  • On Golf Course
  • Gated Community
  • 0.7 Acre Lot
  • Judy & John L. Goolsby Elementary School Rated A-

About This Lot

As of June 2014

AMAZING OVERSIZED LOT IN THE RIDGES WITH GOLF,MOUNTAIN AND STRIP VIEWS. 10% TRANSFER PENALTY TO BE PAID BY BUYER.

Last Listed By

Ivan Sher

IS Luxury License #BS.0046822 Listed on: 08/27/2013

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,775

Year Built

  • 2021

Lot Details

  • 0.7 Acre Lot
  • On Golf Course

Community Details

  • Summerlin Village 18 Parcel C Subdivision
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$3,775

Year Built

2021

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.7
  • Road Surface Type: Paved
  • Subdivision Name: SUMMERLIN VILLAGE 18 PARCEL C
  • Directions: FROM DESERT INN & FLAMINGO, S ON FLAMINGO, W ON MARBLE RIDGE IN THE RIDGES. LOT IS LOCATED IN ARROWHEAD
  • ResoPropertyType: Land
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2021

Exterior Features

  • Lot Features: On Golf Course

Utilities

  • Security: Gated Community
  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated

Lot Info

  • Additional Parcels Description: NumParcels:1
  • Zoning Description: Family-1/2-2 Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3775.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2013
Closed on
Jun 5, 2014
Sold by
Wortman William C
Bought by
Max The Dog Llc
Seller's Agent
Ivan Sher
IS Luxury
Buyer's Agent
Ivan Sher
IS Luxury
List Price
$1,175,000
Sold Price
$950,000
Premium/Discount to List
-$225,000
-19.15%
Total Days on Market
257
Current Estimated Value
$6,111,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,161,884
Avg. Annual Appreciation
18.49%

Purchase Details

Closed on
Oct 18, 2007
Sold by
Militante Melba
Bought by
Wortman William C and Wortman Bonnie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 28, 2005
Sold by
Serratore Jean
Bought by
The Jean Cora Rebong Serratore Irrevocab

Purchase Details

Closed on
Mar 10, 2004
Sold by
Howard Hughes Properties Inc
Bought by
Serratore Jean Cvr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,800
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
Not Available
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
Max The Dog Llc $950,000 Nevada Title Las Vegas
Wortman William C $1,650,000 National Alliance Title
The Jean Cora Rebong Serratore Irrevocab -- --
Serratore Jean Cvr $706,000 Nevada Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wortman William C $1,250,000
Previous Owner Serratore Jean Cvr $564,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2014 06/11/14 Sold $950,000 -19.1% --
05/12/2014 05/12/14 Pending -- -- --
08/27/2013 08/27/13 For Sale $1,175,000 -- --
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 $47,559 $2,275,996 $770,000 $1,505,996
2024 $46,175 $2,275,996 $770,000 $1,505,996
2023 $46,175 $2,116,564 $700,000 $1,416,564
2022 $45,100 $351,001 $350,000 $1,001
2021 $5,397 $350,949 $350,000 $949
2020 $5,008 $350,943 $350,000 $943
2019 $4,693 $350,995 $350,000 $995
2018 $4,478 $351,164 $350,000 $1,164
2017 $10,298 $350,000 $350,000 $0
2016 $4,190 $245,000 $245,000 $0
2015 $4,184 $151,725 $151,725 $0
2014 $4,052 $162,750 $162,750 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1377419

Las Vegas REALTORS®

APN: 164-14-714-002