NOT LISTED FOR SALE

Estimated Value: $6,066,000 - $6,874,000

4 Beds
5.5 Baths
7,333 Sq Ft
$871/Sq Ft Est. Value

Last Sold April 11, 2014

Last sale price $3,100,000 $423 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $36,121/month

211 Days on Market

Highlights

  • Fitness Center
  • Newly Remodeled
  • Custom Home
  • Judy & John L. Goolsby Elementary School Rated A-
  • Heated In Ground Pool
  • Gated Community

About This Home

As of April 2014

There truly aren't enough words to describe the perfection that is The Ridges, but this home perfectly exemplifies the style of luxury living that comes w/ being a residence within the community. This house is a light & contemporary masterpiece featuring hardwood & travertine flooring, strip views, upgraded appliances, a striking wine cellar, commercial elevator, stylish finishes, home theater & a huge roof top balcony.

Last Agent to Sell the Property

Ivan Sher

IS Luxury License #BS.0046822 Listed on: 08/12/2013

Last Buyer's Agent

Richard Robledo

Virtue Real Estate Group License #BS.0017264

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,862

Year Built

  • Built in 2011 | Newly Remodeled

Lot Details

  • 0.5 Acre Lot
  • North Facing Home
  • Fenced Front Yard
  • Block Wall Fence
  • Desert Landscape
  • Property is in excellent condition

HOA Fees

Parking

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

Home Design

  • Custom Home
  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 7,333 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Central Vacuum
  • 3 Fireplaces
  • Gas Fireplace
  • Blinds
  • Atrium Doors
  • Great Room
  • Wood Flooring
  • Views of Las Vegas Strip
  • Security System Owned

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Gas Dryer Hookup

Pool

  • Heated In Ground Pool
  • In Ground Spa

Outdoor Features

  • Courtyard
  • Patio
  • Built-In Barbecue

Schools

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

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Water Purifier
  • Cable TV Available

Community Details

Overview

  • Association fees include management, recreation facilities, reserve fund, security
  • The Ridges Association, Phone Number (702) 791-4600
  • Built by CUSTOM
  • Summerlin Village 18 Ridges Subdivision, Custom Floorplan
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Recreation Room

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,862

Year Built

Built in 2011 | Newly Remodeled

Lot Details

0

HOA Fees

$243 per month

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Ownership: Single Family Residential
  • Subdivision Name: SUMMERLIN VILLAGE 18 RIDGES
  • Directions: THE RIDGES - AZURE. FROM 215 & TOWN CENTER, W ON DESERT INN, SO ON FLAMINGO, RT INTO THE RIDGES. TELL GUARD ADDRESS. LOCATED IN AZURE.
  • Architectural Style: Two Story, Custom
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: Yes
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built Details: NEW
  • Year Built: 2011
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Association Fee 3 Frequency: Monthly
  • Special Features: 4098
  • Stories: 2
  • Year Built: 2011

Interior Features

  • Furnished: Unfurnished
  • Spa Features: In Ground
  • Private Spa: Yes
  • Appliances: Built-In Electric Oven, Double Oven, Dishwasher, Gas Cooktop, Disposal, Microwave, Refrigerator, Water Purifier, Wine Refrigerator
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Possible Bedrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: Gas, Great Room, Primary Bedroom
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Atrium, Bedroom on Main Level, Great Room, Central Vacuum, Elevator
  • Living Area: 7333.0
  • Window Features: Blinds

Exterior Features

  • Fencing: Block, Front Yard
  • Lot Features: 1/4 to 1 Acre Lot, Desert Landscaping, Landscaped
  • Pool Features: Heated, In Ground, Private, Community
  • Pool Private: Yes
  • View: Strip View
  • View: Yes
  • Disclosures: Covenants/Restrictions Disclosure
  • Builder Name: CUSTOM
  • Construction Type: Frame, Stucco
  • Direction Faces: North
  • Exterior Features: Built-in Barbecue, Barbecue, Courtyard, Patio
  • Patio And Porch Features: Patio
  • Property Condition: Excellent, New Construction
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Attached, 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
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Amenities: Fitness Center, Gated, Playground, Pool, Recreation Room, Guard, Spa/Hot Tub, Security
  • Association Fee: 200.0
  • Association Fee Frequency: Monthly
  • Association Name: THE RIDGES
  • Phone: 702-791-4600
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly
  • HOA Fee 3: 43.0

Fee Information

  • Association Fee Includes: Association Management, Recreation Facilities, Reserve Fund, Security

Schools

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

Lot Info

  • Current Use: Residential
  • Horse Amenities: None
  • Lot Size Sq Ft: 21780.0
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 17862.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2014
Sold by
Miller Monte L and Miller Susan J
Bought by
The Monte L And Susan J Miller Family Tr
Total Days on Market
211
Current Estimated Value
$6,384,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,170,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 12, 2013
Closed on
Apr 3, 2014
Sold by
Somphone Alan H
Bought by
Miller Monte L and Miller Susan J
Seller's Agent
Ivan Sher
IS Luxury
Buyer's Agent
Richard Robledo
Virtue Real Estate Group
List Price
$3,450,000
Sold Price
$3,100,000
Premium/Discount to List
-$350,000
-10.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%

Purchase Details

Closed on
May 7, 2008
Sold by
Somphone Alan H
Bought by
Somphone Alan H and Lucy Asset Protection Trust

Purchase Details

Closed on
Jun 11, 2007
Sold by
Howard Hughes Properties Inc
Bought by
Somphone Alan H and Alan H Somphone Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$591,200
Interest Rate
6.87%
Mortgage Type
Unknown
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
The Monte L And Susan J Miller Family Tr -- Fidelity National Title
Miller Monte L $3,100,000 Fidelity National Title
Somphone Alan H -- None Available
Somphone Alan H $739,000 Title One
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Monte L $2,105,200
Closed The Monte L And Susan J Miller Family Tr $2,170,000
Previous Owner Somphone Alan H $591,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2014 04/11/14 Sold $3,100,000 -10.1% $423 / Sq Ft
03/12/2014 03/12/14 Pending -- -- --
08/12/2013 08/12/13 For Sale $3,450,000 -- $470 / 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 $23,948 $1,342,513 $385,000 $957,513
2024 $23,251 $1,342,513 $385,000 $957,513
2023 $23,251 $1,218,344 $315,000 $903,344
2022 $18,977 $1,109,515 $262,500 $847,015
2021 $21,916 $1,010,301 $210,000 $800,301
2020 $21,275 $1,000,109 $210,000 $790,109
2019 $20,655 $991,991 $210,000 $781,991
2018 $20,054 $930,339 $175,000 $755,339
2017 $27,505 $936,688 $175,000 $761,688
2016 $18,977 $869,639 $159,600 $710,039
2015 $18,953 $833,873 $105,000 $728,873
2014 $18,400 $607,380 $74,375 $533,005
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1372939

Las Vegas REALTORS®

APN: 164-23-613-006