NOT LISTED FOR SALE

Estimated Value: $3,024,000 - $5,940,000

1.08 Acres
$4,542,894 Price per Acre
47,045 Sq Ft Lot

Last Sold October 17, 2018

Last sale price $1,950,000

Est. 152% increase in value since last sale

Current estimated payment $30,476/month

166 Days on Market

Highlights

  • Lake Front
  • 1.08 Acre Lot
  • Corner Lot
  • Gated Community

About This Lot

As of October 2018

Built your dream home. Guard gated resort community.Rare & a one of a kind exclusive Front Lake land. 1 acre+ ideal for a luxurious estate on the water. Private & surrounded by gorgeous mountains.Multimillionaire's roll. Golf community offers incredible amenities & services. A perfect gateway w/one of the best state tax benefits in the country.Great weather,international entertaining,shopping & wold class dining.Las Vegas & Henderson has it all.

Last Agent to Sell the Property

Cristine Lefkowitz

BHHS Nevada Properties License #S.0056464 Listed on: 04/03/2018

BHHS Nevada Properties

Last Buyer's Agent

Gene Northup

Las Vegas Sotheby's Int'l License #S.0037249

Las Vegas Sotheby's Int'l

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,425

Lot Details

  • 1.08 Acre Lot
  • Lake Front
  • Corner Lot

HOA Fees

  • $967 Monthly HOA Fees

Utilities

  • Not Connected to Water Source
  • Not Connected to Sewer

Community Details

Overview

  • South Shores Associa Association, Phone Number (702) 248-7742
  • Lake LV Southshore Lot 24 & 38 Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$9,425

Lot Details

0

HOA Fees

$967 per month

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 1.08
  • Road Surface Type: Paved
  • Subdivision Name: LAKE LV SOUTHSHORE-LOT 24 & 38
  • Directions: Take 95 South or 215 East to Lake Mead East to Lake Las Vegas entrance, past Fiesta
  • ResoPropertyType: Land
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Corner Lot, Lake Front

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated, Sidewalks
  • Association Fee: 967.0
  • Association Fee Frequency: Monthly
  • Association Name: South Shores Associa
  • Phone: 702-248-7742
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Sq Ft: 47045.0
  • Additional Parcels Description: NumParcels:1
  • Zoning Description: Family-1/2-2 Acres,Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9425.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2018
Closed on
Oct 16, 2018
Sold by
Sher Real Estate Investments Llc
Bought by
Herren Bruce W and The Bruce W Herren Trust
Seller's Agent
Cristine Lefkowitz
BHHS Nevada Properties
Buyer's Agent
Gene Northup
Las Vegas Sotheby's Int'l
List Price
$2,100,000
Sold Price
$1,950,000
Premium/Discount to List
-$150,000
-7.14%
Current Estimated Value
$4,906,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,956,326
Avg. Annual Appreciation
13.75%

Purchase Details

Closed on
Jul 24, 2009
Sold by
Sher Real Estate Llc
Bought by
Sher Real Estate Investments Llc

Purchase Details

Closed on
Sep 8, 2008
Sold by
Sher Edward F and Sher Mona L
Bought by
Sher Real Estate Llc

Purchase Details

Closed on
Feb 27, 2003
Sold by
Lake At Las Vegas Joint Venture
Bought by
Sher Edward F and Sher Mona L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Herren Bruce W $1,950,000 Lawyers Title Las Vegas
Sher Real Estate Investments Llc -- None Available
Sher Real Estate Llc -- None Available
Sher Edward F $3,025,000 First American Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2018 10/17/18 Sold $1,950,000 -7.1% --
09/17/2018 09/17/18 Pending -- -- --
04/03/2018 04/03/18 For Sale $2,100,000 -- --
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 $44,417 $1,732,831 $560,700 $1,172,131
2024 $44,417 $1,732,831 $560,700 $1,172,131
2023 $44,417 $1,619,732 $518,700 $1,101,032
2022 $43,124 $1,497,743 $462,700 $1,035,043
2021 $12,137 $462,836 $462,700 $136
2020 $11,268 $462,835 $462,700 $135
2019 $10,559 $462,806 $462,700 $106
2018 $10,076 $436,554 $436,450 $104
2017 $10,641 $366,975 $366,975 $0
2016 $9,425 $353,850 $353,850 $0
2015 $9,406 $314,475 $314,475 $0
2014 $9,114 $314,265 $314,265 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1981157

Las Vegas REALTORS®

APN: 160-23-216-003