NOT LISTED FOR SALE

Estimated Value: $838,000 - $3,485,000

0.41 Acre
$5,884,254 Price per Acre
17,860 Sq Ft Lot

Last Sold November 15, 2012

Last sale price $252,000

Est. 857% increase in value since last sale

Current estimated payment $16,219/month

380 Days on Market

About This Lot

As of November 2012

CORNER CUL-DE-SAC LOT IN GATED COMMUNITY IN THE LAKES. WATER FRONTAGE ON TWO SIDES, READY TO BUILD YOUR DREAM HOME ON THE WATER IN LAS VEGAS, LAKES ESTATES GATED COMMUNITY

Last Listed By

Andreas Adrian

International Invest Realty License #B.1001817 Listed on: 10/01/2011

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,282

Year Built

  • 2017

Lot Details

  • 0.41 Acre Lot

HOA Fees

  • $649 Monthly HOA Fees

Utilities

  • Not Connected to Water Source
  • Not Connected to Sewer

Community Details

  • Lakes At West Sahara Association, Phone Number (702) 795-3344
  • Lakes At West Sahara Phase 1 Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$3,282

Year Built

2017

Lot Details

0

HOA Fees

$649 per month

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.41
  • Road Surface Type: Paved
  • Subdivision Name: LAKES AT WEST SAHARA PHASE 1
  • Directions: FROM SAHARA AND DURANGO, WEST ON SAHARA, LEFT ON CRUSTAL WATER, LEFT ON COAST LINE THRU GATE, RIGHT ON COAST LINE, FOLLOW AROUND TO END OF STREET, LOT IS ON YOUR LEFT
  • ResoPropertyType: Land
  • Special Features: 12
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2017

Utilities

  • Sewer: Not Connected (nearby)
  • Utilities: Electricity Available
  • Water Source: Not Connected (nearby), Public

Condo/Co-op/Association

  • Association Fee: 649.0
  • Association Fee Frequency: Monthly
  • Association Name: Lakes at West Sahara
  • Phone: 702-795-3344
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Lot Info

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

Tax Info

  • Tax Annual Amount: 3282.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2018
Sold by
Chu William W and Zhang Jing
Bought by
Chu William W and Zhang Jing
Total Days on Market
380
Current Estimated Value
$2,412,544

Purchase Details

Closed on
Aug 17, 2015
Sold by
Chu William W and Zhang Jing
Bought by
Chu William W and Zhang Jing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,728,000
Outstanding Balance
$1,383,489
Interest Rate
3.5%
Mortgage Type
Construction
Estimated Equity
$1,039,641

Purchase Details

Closed on
Feb 8, 2013
Sold by
Chu William W and Zhang Jin
Bought by
Cost Line Llc and Jw Asset Holdings Llc

Purchase Details

Listed on
Oct 1, 2011
Closed on
Nov 14, 2012
Sold by
Zhang Jing
Bought by
Cha William W
Seller's Agent
Andreas Adrian
International Invest Realty
Buyer's Agent
Gordon Hammond
Simply Vegas
List Price
$499,000
Sold Price
$252,000
Premium/Discount to List
-$247,000
-49.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.80%

Purchase Details

Listed on
Oct 1, 2011
Closed on
Nov 3, 2012
Sold by
Shomer Bobby
Bought by
Chu William W
Seller's Agent
Andreas Adrian
International Invest Realty
Buyer's Agent
Gordon Hammond
Simply Vegas
List Price
$499,000
Sold Price
$252,000
Premium/Discount to List
-$247,000
-49.5%

Purchase Details

Closed on
Aug 8, 2008
Sold by
Shomer Bobby and Shomer Kristen Lynne
Bought by
Krystal Land Holdings Llc

Purchase Details

Closed on
Dec 13, 2007
Sold by
Krystal Development Co Inc
Bought by
Shomer Bobby and Shomer Kristen Lynne

Purchase Details

Closed on
Jun 17, 2004
Sold by
Shomer Bobby and Wombles Kristen
Bought by
Krystal Development Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,900
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
May 17, 2004
Sold by
Hamblen Raymon R and Hamblen Kristine
Bought by
Shomer Bobby and Wombles Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,900
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 25, 2004
Sold by
Rossi Pena Maritza
Bought by
Hamblen Raymon R and Hamblen Kristine

Purchase Details

Closed on
Dec 29, 1999
Sold by
Yanti Ida and Kristiyanto Wahyu
Bought by
Rossi Pena Maritza

Purchase Details

Closed on
Oct 7, 1999
Sold by
Harding Alexis
Bought by
Harding Merville

Purchase Details

Closed on
Sep 29, 1999
Sold by
Pena A C
Bought by
Pena Maritza Rossi

Purchase Details

Closed on
Sep 3, 1999
Sold by
Yanti Ida and Kristiyanto Wahyu
Bought by
Rossi Pena Maritza

Purchase Details

Closed on
Oct 17, 1994
Sold by
Roberts David Lee and Roberts Judy Lobensommer
Bought by
Statewide Capital Inc

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
Chu William W -- None Available
Chu William W -- Nevada Title Las Vegas
Chu William W -- Nevada Title Las Vegas
Cost Line Llc -- None Available
Chu William W -- None Available
Cha William W -- Neveda Title Las Vegas
Chu William W $252,000 Neveda Title Las Vegas
Shomer Bobby $252,000 Neveda Title Las Vegas
Krystal Land Holdings Llc -- None Available
Shomer Bobby -- None Available
Krystal Development Co Inc -- National Title Company
Shomer Bobby $541,000 National Title Company
Hamblen Raymon R $375,000 Lawyers Title Of Nevada
Harding Merville -- National Title Company
Pena Maritza Rossi -- National Title Company
Rossi Pena Maritza $350,000 National Title Company
Statewide Capital Inc $350,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chu William W $975,000
Open Chu William W $1,728,000
Previous Owner Shomer Bobby $486,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2012 11/15/12 Sold $252,000 -49.5% --
10/16/2012 10/16/12 Pending -- -- --
10/01/2011 10/01/11 For Sale $499,000 -- --
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 $24,791 $1,010,674 $211,750 $798,924
2024 $24,070 $1,010,674 $211,750 $798,924
2023 $24,070 $914,651 $169,400 $745,251
2022 $23,369 $712,761 $151,305 $561,456
2021 $22,950 $700,000 $140,525 $559,475
2020 $25,270 $770,850 $134,750 $636,100
2019 $24,419 $744,876 $119,350 $625,526
2018 $23,650 $721,446 $119,000 $602,446
2017 $3,912 $119,000 $119,000 $0
2016 $3,290 $99,750 $99,750 $0
2015 $3,283 $99,750 $99,750 $0
2014 $3,283 $99,750 $99,750 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1190294

Las Vegas REALTORS®

APN: 163-08-611-018