NOT LISTED FOR SALE

Estimated Value: $6,366,000 - $7,131,000

4 Beds
6 Baths
7,016 Sq Ft
$970/Sq Ft Est. Value

Last Sold August 19, 2014

Last sale price $3,950,000 $563 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $38,928/month

159 Days on Market

Highlights

  • On Golf Course
  • Fitness Center
  • Custom Home
  • Judy & John L. Goolsby Elementary School Rated A-
  • Heated Infinity Pool
  • Gated Community

About This Home

As of August 2014

One of the finest contemporary homes in Vegas both in style and quality of finish. This home is on an incredible lot high above the 8th green at bears best. Amazing views of the strip and mountains. This home is filled with custom furniture and state of the art home automation. The kitchen is amazing featuring top of the line appliances. Huge wine cellar, great game room, office, incredible master suite, huge closet.

Last Agent to Sell the Property

Gavin Ernstone

Simply Vegas License #B.1000642 Listed on: 02/10/2014

Simply Vegas

Last Buyer's Agent

Gavin Ernstone

Simply Vegas License #B.1000642 Listed on: 02/10/2014

Simply Vegas

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,096

Year Built

  • Built in 2009

Lot Details

  • 0.5 Acre Lot
  • On Golf Course
  • North Facing Home
  • Wrought Iron Fence
  • Property is Fully Fenced
  • Desert Landscape
  • Front and Back Yard Sprinklers
  • Private Yard
  • Back Yard
  • Property is in excellent condition

HOA Fees

Parking

  • 4 Car Garage
  • Inside Entrance
  • Garage Door Opener

Property Views

  • Golf Course
  • Las Vegas Strip
  • Mountain

Home Design

  • Custom Home
  • Flat Roof Shape
  • Frame Construction
  • Metal Roof
  • Stucco

Interior Spaces

  • 7,016 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Electric Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Security System Owned

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Windows with Low Emissivity
  • Energy-Efficient HVAC

Pool

  • Heated Infinity Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Built-In Barbecue

Additional Homes

  • Accessory Dwelling Unit (ADU)

Schools

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

Utilities

  • Two cooling system units
  • High Efficiency Air Conditioning
  • Zoned Heating and Cooling System
  • High Efficiency Heating System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Multiple Water Heaters
  • Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include management, common areas, recreation facilities, security, taxes
  • The Ridges Association, Phone Number (702) 791-4600
  • Built by Custom
  • Summerlin Village 18 The Ridge Subdivision, Custom Floorplan

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,096

Year Built

Built in 2009

Lot Details

0

HOA Fees

$347 per month

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Golf Course
  • Lot Size Acres: 0.5
  • Ownership: Single Family Residential
  • Subdivision Name: SUMMERLIN VILLAGE 18 THE RIDGE
  • Directions: From Desert Inn and Town Center,west on DI to The Ridges guard gated community, through guard gate follow road to 3rd subdivision Redhawk, lt on Hawk Ridge
  • Architectural Style: Two Story, Custom
  • Carport Y N: No
  • Garage Yn: Yes
  • Efficiency: Windows, HVAC
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 2009
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Association Fee 3 Frequency: Monthly
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 2009

Interior Features

  • Furnished: Furnished
  • Spa Features: In Ground
  • Private Spa: Yes
  • Appliances: Built-In Electric Oven, Double Oven, Dryer, Dishwasher, Gas Cooktop, Disposal, Gas Water Heater, Multiple Water Heaters, Microwave, Refrigerator, Warming Drawer, Wine Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Possible Bedrooms: 7
  • Total Bedrooms: 4
  • Fireplace Features: Electric, Family Room, Gas, Living Room, Primary Bedroom
  • Fireplaces: 4
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Marble
  • Interior Amenities: Bedroom on Main Level, Additional Living Quarters, Programmable Thermostat
  • Living Area: 7016.0
  • Window Features: Double Pane Windows, Low Emissivity Windows

Exterior Features

  • Fencing: Full, Wrought Iron
  • Lot Features: 1/4 to 1 Acre Lot, Back Yard, Desert Landscaping, Sprinklers In Rear, Sprinklers In Front, Landscaped, On Golf Course
  • Pool Features: Heated, In Ground, Negative Edge, Private, Community
  • Pool Private: Yes
  • View: Golf Course, Mountain(s), Strip View
  • View: Yes
  • Builder Name: Custom
  • Construction Type: Frame, Stucco
  • Direction Faces: North
  • Exterior Features: Built-in Barbecue, Balcony, Barbecue, Patio, Private Yard
  • Patio And Porch Features: Balcony, Covered, Patio
  • Property Condition: Excellent, Resale
  • Roof: Flat, Metal

Garage/Parking

  • Garage Spaces: 4.0
  • Parking Features: Finished Garage, Garage Door Opener, Inside Entrance

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Main Level, Upper Level
  • Security: Security System Owned
  • Cooling: Central Air, Electric, High Efficiency, 2 Units
  • Cooling Y N: Yes
  • Heating: Central, Gas, High Efficiency, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Amenities: Fitness Center, Golf Course, Gated, Playground, Pool, Guard, Spa/Hot Tub, Security, Tennis Court(s)
  • Association Fee: 300.0
  • Association Fee Frequency: Monthly
  • Association Name: The Ridges
  • Phone: 702-791-4600
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly
  • HOA Fee 3: 47.0

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Recreation Facilities, Security, Taxes

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: 22096.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2014
Closed on
Aug 18, 2014
Sold by
Besic Irena
Bought by
Besic Vlado
Seller's Agent
Gavin Ernstone
Simply Vegas
Buyer's Agent
Gavin Ernstone
Simply Vegas
List Price
$4,499,000
Sold Price
$3,950,000
Premium/Discount to List
-$549,000
-12.2%
Total Days on Market
159
Current Estimated Value
$6,804,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,854,425
Avg. Annual Appreciation
5.15%
Original Mortgage
$1,998,750
Interest Rate
2.33%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 10, 2014
Closed on
Jul 1, 2014
Sold by
Selka Stephen L
Bought by
Besic Vlado
Seller's Agent
Gavin Ernstone
Simply Vegas
Buyer's Agent
Gavin Ernstone
Simply Vegas
List Price
$4,499,000
Sold Price
$3,950,000
Premium/Discount to List
-$549,000
-12.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,998,750
Interest Rate
2.33%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 26, 2012
Closed on
Aug 2, 2012
Sold by
Magliarditi Joseph A
Bought by
Selka Stephen L and The Stephen L Selka Revocable Trust
Seller's Agent
Marc Magliarditi
Logic Commercial Real Estate
Buyer's Agent
Gavin Ernstone
Simply Vegas
List Price
$3,999,999
Sold Price
$3,700,000
Premium/Discount to List
-$299,999
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.31%

Purchase Details

Closed on
Aug 2, 2011
Sold by
Magliarditi Joseph A
Bought by
Magliarti Joseph A and The Jam 2000 Trust

Purchase Details

Closed on
May 28, 2010
Sold by
Magliarditi Joseph A
Bought by
Magliarditi Joseph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
5.05%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 12, 2008
Sold by
Magliaditi Joseph A
Bought by
Jam 2000 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,120,000
Interest Rate
6.07%
Mortgage Type
Construction

Purchase Details

Closed on
May 23, 2005
Sold by
Howard Hughes Properties Inc
Bought by
Magliarditi Joseph A and Jam 2000 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.74%
Mortgage Type
Credit Line Revolving
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
Besic Vlado -- Chicago Title Las Vegas
Besic Vlado $3,950,000 Chicago Title Las Vegas
Selka Stephen L $3,700,000 Chicago Title
Magliarti Joseph A -- None Available
Magliarditi Joseph A -- Direct Title Insurance Agen
Jam 2000 Trust -- National Title Company
Magliarditi Joseph A $819,777 Stewart Title Of Nevada
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Besic Vlado $1,998,750
Previous Owner Magliarditi Joseph A $1,003,000
Previous Owner Magliarditi Joseph A $1,600,000
Previous Owner Jam 2000 Trust $2,120,000
Previous Owner Magliarditi Joseph A $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2014 08/19/14 Sold $3,950,000 -12.2% $563 / Sq Ft
07/20/2014 07/20/14 Pending -- -- --
02/10/2014 02/10/14 For Sale $4,499,000 +21.6% $641 / Sq Ft
08/16/2012 08/16/12 Sold $3,700,000 -7.5% $527 / Sq Ft
07/17/2012 07/17/12 Pending -- -- --
06/26/2012 06/26/12 For Sale $3,999,999 -- $570 / 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 $29,622 $1,649,863 $735,000 $914,863
2024 $28,760 $1,649,863 $735,000 $914,863
2023 $28,760 $1,328,298 $525,000 $803,298
2022 $27,922 $1,100,960 $354,375 $746,585
2021 $27,109 $996,651 $288,750 $707,901
2020 $26,316 $987,274 $288,750 $698,524
2019 $25,550 $981,595 $288,750 $692,845
2018 $24,806 $931,191 $262,500 $668,691
2017 $27,493 $936,287 $262,500 $673,787
2016 $23,474 $911,661 $182,700 $728,961
2015 $23,441 $871,105 $134,400 $736,705
2014 $22,758 $841,041 $134,400 $706,641
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1420496

Las Vegas REALTORS®

APN: 164-14-413-059