NOT LISTED FOR SALE

4179 Matterhorn Way Las Vegas, NV 89124

Estimated Value: $463,000 - $508,000

0.27 Acre
$1,798,637 Price per Acre
11,761 Sq Ft Lot

Last Sold August 29, 2023

Last sale price $310,000 $323 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,647/month

36 Days on Market

Highlights

  • No HOA
  • Shed
  • Property is in excellent condition
  • Indian Springs Middle School Rated 9+

About This Lot

As of August 2023

Located 20 minutes from Las Vegas, opportunity knocks for a mostly -level- mountain homesite to build a dream home in Mt. Charleston. Matterhorn Way is a secondary, less-traveled street in Rainbow Subdivision. Existing site development includes a 1,200-gallon septic system + water meter on site. This is a significant cost-savings to the buyer, with power available at the street. Envision waking up every day to a mountain breeze, the tranquil sound of nature + beautiful Mummy Mountain + Mt. Charleston Peak views. Easy year-round access w/highway & subdivision plowing. Ideal for those who seek tranquility + serenity, this property is set amongst abundant wildlife - deer, wild horses, birds, foxes + more. Numerous hiking trails are conveniently located near the property, making it an outdoor enthusiast's paradise. With skiing just a 20-minute drive away in Lee Canyon, adventure is always within reach. Experience the beauty of all four seasons and enjoy an authentic mountain lifestyle!

Last Agent to Sell the Property

Kaitlin Corr

Mt Charleston Realty, Inc Brokerage Phone: 702-872-5733 License #S.0077558 Listed on: 07/23/2023

Last Buyer's Agent

Kaitlin Corr

Mt Charleston Realty, Inc Brokerage Phone: 702-872-5733 License #S.0077558 Listed on: 07/23/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,542

Lot Details

  • 0.27 Acre Lot
  • Property is in excellent condition

Utilities

  • Not Connected to Water Source
  • Septic Tank

Community Details

Overview

  • No Home Owners Association
  • Rainbow Canyon Subdivision

Recreation

  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$1,542

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.27
  • Road Surface Type: Paved
  • Subdivision Name: Rainbow Canyon
  • Directions: US95 to the Mt. Charleston (Kyle Canyon) exit. Left into Rainbow Subd. Right @White Fir, Right @ Mont Blanc, Right @ Chalet, L @ Matterhorn. Property is on the Left.
  • ResoPropertyType: Land
  • Attribution Contact: 702-872-5733
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Other Structures: Shed(s)
  • Property Condition: Excellent

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available, Septic Available
  • Water Source: Not Connected (at lot), Public

Condo/Co-op/Association

  • Association: No

Schools

Lot Info

  • Lot Size Sq Ft: 11761.0
  • Additional Parcels Description: 129-36-610-044---
  • Zoning Description: Rural
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1542.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2020
Closed on
Sep 26, 2020
Sold by
Lorensen Mario and Lorensen Rachel
Bought by
Katz Todd A and Katz Candace R
Seller's Agent
Patricia Bishop
Las Vegas Realty Professionals
Buyer's Agent
Patricia Bishop
Las Vegas Realty Professionals
List Price
$260,000
Sold Price
$200,000
Premium/Discount to List
-$60,000
-23.08%
Current Estimated Value
$455,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,960
Avg. Annual Appreciation
19.98%

Purchase Details

Closed on
Feb 13, 2019
Sold by
Tck Family Trust
Bought by
Nl Obrien Family Trust and Obrien

Purchase Details

Closed on
Jun 25, 2014
Sold by
Lorensen Mario J and Lorensen Rachel
Bought by
The Lorensen Family Trust

Purchase Details

Closed on
Nov 13, 2013
Sold by
Brandt Frank R and Brandt Frank R
Bought by
Lorensen Mario J and Lorensen Rachel

Purchase Details

Closed on
Oct 16, 2002
Sold by
Brandt Betty
Bought by
Brandt Frank R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2001
Sold by
Stadtlander Mario and Stadtlander Cassandra
Bought by
Brandt Frank R and Brandt Betty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,900
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 1997
Sold by
Wallin Traci Anne
Bought by
Wallin Brent M
Source: Public Records

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
Katz Todd A $200,000 Old Republic Title Co Of Nv
Nl Obrien Family Trust $310,000 Ticor Title
The Lorensen Family Trust -- None Available
Lorensen Mario J $75,000 Nevada Title
Brandt Frank R -- United Title
Brandt Frank R $249,900 United Title
Wallin Brent M -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brandt Frank R $268,000
Previous Owner Brandt Frank R $199,900
Closed Brandt Frank R $37,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2023 08/29/23 Sold $310,000 -1.6% $323 / Sq Ft
07/23/2023 07/23/23 For Sale $315,000 +57.5% $328 / Sq Ft
09/29/2020 09/29/20 Sold $200,000 -23.1% $208 / Sq Ft
08/30/2020 08/30/20 Pending -- -- --
02/02/2020 02/02/20 For Sale $260,000 -- $271 / 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 $1,798 $101,009 $87,500 $13,509
2024 $1,665 $101,009 $87,500 $13,509
2023 $1,665 $67,993 $56,000 $11,993
2022 $1,542 $63,205 $52,500 $10,705
2021 $1,428 $51,975 $42,000 $9,975
2020 $1,323 $51,710 $42,000 $9,710
2019 $1,240 $51,316 $42,000 $9,316
2018 $1,183 $50,733 $42,000 $8,733
2017 $1,503 $44,172 $35,000 $9,172
2016 $1,109 $32,725 $22,750 $9,975
2015 $1,114 $39,852 $29,750 $10,102
2014 $1,356 $39,659 $29,750 $9,909
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2513323

Las Vegas REALTORS®

APN: 129-36-610-043