$2,000,000
SOLD MAY 31, 2013
5 Beds
10 Baths
14,615 Sq Ft
0.61 Acres

Recently Sold

$137 Per Sq Ft

33% Below List Price

305 Days on Market

Highlights

  • On Golf Course
  • Fitness Center
  • 0.61 Acre Lot
  • Judy & John L. Goolsby Elementary School Rated A-
  • Gated Community
  • Main Floor Bedroom

About This Home

As of March 2018

One of the most prolific and relevant houses in the Las Vegas Valley, stunning contemporary architecture with amazing use of light and outstanding views. The home is being sold mid construction with over $3.5m spent to date. A truly excellent floorplan with 12' pocket doors in many of the rooms, huge master suite with attached gym and amazing views of the city. 15 seat movie theater. detached guest house. Elevator. +++++

Last Agent to Sell the Property

Gavin Ernstone

Simply Vegas License #B.1000642 Listed on: 06/29/2012

Simply Vegas

Last Buyer's Agent

Bob Barnhart

Luxurious Real Estate License #BS.0146446

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,008

Year Built

  • Built in 2012 | Under Construction

Lot Details

  • 0.61 Acre Lot
  • On Golf Course
  • North Facing Home
  • Wrought Iron Fence
  • Back Yard Fenced
  • Block Wall Fence
  • Property is in below average condition

HOA Fees

Parking

  • 12 Car Attached Garage
  • Inside Entrance

Property Views

  • Golf Course
  • Las Vegas Strip
  • Mountain

Home Design

  • Frame Construction
  • Stucco

Interior Spaces

  • 14,615 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Eco-Friendly Details

  • Energy-Efficient Windows with Low Emissivity

Outdoor Features

  • Balcony
  • Courtyard
  • Covered patio or porch

Schools

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

Utilities

  • Cooling Available
  • Zoned Heating System
  • Heating System Uses Gas
  • No Hot Water
  • Cable TV Available

Community Details

Overview

  • Association fees include management, ground maintenance, recreation facilities, security
  • The Ridges Association, Phone Number (702) 791-4600
  • Built by Custom
  • Summerlin Village 18 Parcel C 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

$4,008

Year Built

Built in 2012 | Under Construction

Lot Details

0

HOA Fees

$497 per month

Parking

12

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Golf Course
  • Lot Size Acres: 0.61
  • Ownership: Single Family Residential
  • Subdivision Name: SUMMERLIN VILLAGE 18 PARCEL C
  • Directions: From Town Center and Desert Inn, West on DI to Ridges Guard Gate, Through gate follow Marble Ridge around to Arrowhead subdivision, left on Painted Feather
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Efficiency: Other, See Remarks, Windows
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built Details: UNDER CONSTRUCTION
  • Year Built: 2012
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Association Fee 3 Frequency: Monthly
  • Special Features: None
  • Stories: 2
  • Year Built: 2012

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: No Hot Water
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 4
  • Possible Bedrooms: 11
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Other
  • Interior Amenities: Bedroom on Main Level, Unfurnished
  • Window Features: Double Pane Windows, Low Emissivity Windows

Exterior Features

  • Fencing: Block, Back Yard, Wrought Iron
  • Lot Features: On Golf Course
  • Pool Features: Community
  • Pool Private: No
  • View: Golf Course, Mountain(s), Strip View
  • View: Yes
  • Builder Name: Custom
  • Construction Type: Frame, Stucco
  • Direction Faces: North
  • Exterior Features: Balcony, Courtyard, Patio
  • Patio And Porch Features: Balcony, Covered, Patio
  • Property Condition: Poor Condition, Under Construction
  • Roof: Other

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 12.0
  • Parking Features: Attached, Finished Garage, Garage, Inside Entrance

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room
  • Cooling: Electric, None
  • Cooling Y N: No
  • Heating: Central, Gas, 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: 450.0
  • 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, Maintenance Grounds, Recreation Facilities, Security

Schools

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

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 26572.0
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4008.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2017
Closed on
Mar 5, 2018
Sold by
The Jocab Tal Living Trust
Bought by
L V Ridges Investment L L C
Seller's Agent
Bob Barnhart
Luxurious Real Estate
Buyer's Agent
Kenneth Lowman
Luxury Homes of Las Vegas
List Price
$10,500,000
Sold Price
$8,900,000
Premium/Discount to List
-$1,600,000
-15.24%
Total Days on Market
305
Current Estimated Value
$8,577,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$322,614
Avg. Annual Appreciation
-0.51%

Purchase Details

Closed on
Sep 27, 2016
Sold by
Tal Jacob
Bought by
Tal Jacob and The Jacob Tal 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
$6,600,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2016
Sold by
45 Painted Feather Llc
Bought by
Tal Jacob and The Jacob Tal Living Trust

Purchase Details

Closed on
May 12, 2014
Sold by
Tal Jacob
Bought by
Tal Jacob and The Jacob Tal Living Trust

Purchase Details

Closed on
Feb 28, 2014
Sold by
Tal Jacob
Bought by
Tal Jacob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,569,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 27, 2014
Sold by
Tal Rivka Barlev
Bought by
Tal Jacob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,569,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 29, 2012
Closed on
May 23, 2013
Sold by
Mendenhall Lori and Mendenhall Marc C
Bought by
45 Painted Feather Llc
Seller's Agent
Gavin Ernstone
Simply Vegas
Buyer's Agent
Bob Barnhart
Luxurious Real Estate
List Price
$2,999,000
Sold Price
$2,000,000
Premium/Discount to List
-$999,000
-33.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.89%

Purchase Details

Closed on
Feb 2, 2011
Sold by
Mendenhall Robert T
Bought by
Robert T Mendenhall Family Income Trust

Purchase Details

Closed on
Mar 11, 2003
Sold by
Howard Hughes Properties Inc
Bought by
Mendenhall Robert T and The Robert T Mendenhall Separate Propert
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 Type Sale Price Title Company
Bargain Sale Deed $8,900,000 Fidelity National Title
Bargain Sale Deed -- Fidelity National Title
Bargain Sale Deed -- Fidelity National Title
Interfamily Deed Transfer -- Nevada Title Las Vegas
Interfamily Deed Transfer -- Nevada Title Las Vegas
Interfamily Deed Transfer -- Nevada Title Las Vegas
Bargain Sale Deed -- Nevada Title Las Vegas
Bargain Sale Deed $2,000,000 Chicago Title
Interfamily Deed Transfer -- None Available
Bargain Sale Deed $585,000 Nevada Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $8,240,000 Construction
Previous Owner $6,600,000 New Conventional
Previous Owner $3,569,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2018 03/16/18 Sold $8,900,000 -15.2% $622 / Sq Ft
02/14/2018 02/14/18 Pending -- -- --
10/21/2017 10/21/17 For Sale $10,500,000 +425.0% $734 / Sq Ft
05/31/2013 05/31/13 Sold $2,000,000 -33.3% $137 / Sq Ft
05/01/2013 05/01/13 Pending -- -- --
06/29/2012 06/29/12 For Sale $2,999,000 -- $205 / 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 $69,974 $3,005,376 $770,000 $2,235,376
2024 $67,936 $3,005,376 $770,000 $2,235,376
2023 $67,936 $2,822,454 $700,000 $2,122,454
2022 $65,957 $2,367,572 $350,000 $2,017,572
2021 $64,036 $2,265,829 $350,000 $1,915,829
2020 $62,168 $2,238,545 $350,000 $1,888,545
2019 $61,412 $2,215,673 $350,000 $1,865,673
2018 $58,600 $2,148,721 $350,000 $1,798,721
2017 $63,369 $2,159,537 $350,000 $1,809,537
2016 $51,108 $782,655 $231,000 $551,655
2015 $21,096 $686,134 $143,010 $543,124
2014 $20,243 $153,300 $153,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1263392

Las Vegas REALTORS®

APN: 164-14-311-004