$5,000,000
SOLD JUL 6, 2017
5 Beds
8 Baths
10,693 Sq Ft
1 Acres

Recently Sold

$468 Per Sq Ft

29% Below List Price

244 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 June 2022

Unique and amazing, nestled in the mountains with total privacy on an incredibly landscaped 1 acre lot. Long tree lined driveway, separately gated compound. Amazing views of the city as well as an unbeatable mountain view. Eclectic design featuring exquisite materials and finishes from around the globe, excellent floor plan, all rooms are huge and have amazing natural light and views. 8 car "collectors dream" garage.

Last Agent to Sell the Property

Gavin Ernstone

Simply Vegas License #B.1000642 Listed on: 10/04/2016

Simply Vegas

Last Buyer's Agent

Gavin Ernstone

Simply Vegas License #B.1000642 Listed on: 10/04/2016

Simply Vegas

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,514

Year Built

  • Built in 2005

Lot Details

  • 1 Acre Lot
  • On Golf Course
  • Cul-De-Sac
  • East Facing Home
  • Dog Run
  • Wrought Iron Fence
  • Property is Fully Fenced
  • Landscaped
  • Artificial Turf
  • Mountainous Lot
  • Back Yard
  • Property is in very good condition

HOA Fees

Parking

  • 8 Car Garage
  • Parking Storage or Cabinetry
  • Workshop in Garage
  • Inside Entrance

Home Design

  • Custom Home
  • Brick Exterior Construction
  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 10,693 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Central Vacuum
  • 3 Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Blinds
  • Drapes & Rods
  • Great Room

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Concrete
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Intercom

Eco-Friendly Details

  • Energy-Efficient Windows with Low Emissivity

Pool

  • Heated Infinity Pool
  • In Ground Spa
  • Waterfall Pool Feature

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Outdoor Water Feature
  • Outdoor Fireplace
  • Built-In Barbecue

Schools

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

Utilities

  • Two cooling system units
  • Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Satellite Dish
  • Cable TV Available

Community Details

Overview

  • Association fees include management, common areas, ground maintenance, recreation facilities, security, taxes
  • The Ridges Association, Phone Number (702) 791-4600
  • Summerlin Village 18 Phase 1 U Subdivision

Amenities

  • Clubhouse

Recreation

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

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,514

Year Built

Built in 2005

Lot Details

0

HOA Fees

$893 per month

Parking

8

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Golf Course
  • Lot Size Acres: 1.0
  • Subdivision Name: SUMMERLIN VILLAGE 18 PHASE 1 U
  • Directions: From Desert Inn and Town Center, head west to Flamingo, left on Flamiongo, Right into the Ridges, Right into Promontory, through 3rd gate "The Pointe" follow to Echo Peak
  • Architectural Style: Three Story, Custom
  • Carport Y N: No
  • Garage Yn: Yes
  • Efficiency: Windows
  • Property Attached Yn: No
  • Building Stories: 3
  • Year Built Details: RESALE
  • Year Built: 2005
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Association Fee 3 Frequency: Monthly
  • Special Features: VirtualTour
  • Stories: 3
  • Year Built: 2005

Interior Features

  • Furnished: Unfurnished
  • Spa Features: In Ground
  • Private Spa: Yes
  • Appliances: Built-In Electric Oven, Double Oven, Dryer, Dishwasher, Disposal, Gas Range, Refrigerator, Wine Refrigerator, Washer
  • Other Equipment: Intercom, Satellite Dish
  • Full Bathrooms: 4
  • Half Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 10
  • Total Bedrooms: 5
  • Fireplace Features: Gas, Great Room, Primary Bedroom, Outside
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Carpet, Concrete, Hardwood, Marble
  • Interior Amenities: Bedroom on Main Level, Window Treatments, Central Vacuum, Elevator, Programmable Thermostat
  • Living Area: 10693.0
  • Window Features: Blinds, Double Pane Windows, Drapes, Low Emissivity Windows, Window Treatments

Exterior Features

  • Fencing: Full, Wrought Iron
  • Lot Features: 1 to 5 Acres, Back Yard, Cul-De-Sac, Landscaped, On Golf Course, Synthetic Grass
  • Pool Features: Heated, In Ground, Negative Edge, Private, Waterfall, Community
  • Pool Private: Yes
  • Topography: Mountainous
  • Construction Type: Brick, Frame, Stucco
  • Direction Faces: East
  • Exterior Features: Built-in Barbecue, Balcony, Barbecue, Dog Run, Patio, Water Feature
  • Patio And Porch Features: Balcony, Covered, Patio
  • Property Condition: Resale, Very Good Condition
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 8.0
  • Parking Features: Finished Garage, Inside Entrance, Storage, Workshop in Garage

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Main Level, Upper Level
  • Security: Security System Owned, Security System, Gated Community
  • Cooling: Central Air, Electric, 2 Units
  • Cooling Y N: Yes
  • Heating: Central, Gas, Multiple Heating Units, Zoned
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Golf Course, Gated, Pool, Guard, Spa/Hot Tub, Tennis Court(s)
  • Association #2 Fee: 650.0
  • Association #2 Fee Frequency: Monthly
  • 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, Common Areas, Maintenance Grounds, 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: 43560.0
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 35514.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2022
Closed on
Jun 20, 2022
Sold by
Barney Family Trust
Bought by
Mquinn Living Trust
Seller's Agent
Gavin Ernstone
Simply Vegas
Buyer's Agent
Ivan Sher
IS Luxury
List Price
$9,600,000
Sold Price
$9,600,000
Total Days on Market
244
Current Estimated Value
$8,435,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,164,774
Avg. Annual Appreciation
-4.32%

Purchase Details

Closed on
Jul 4, 2020
Sold by
Barney Michael W and Barney Michelle
Bought by
Barney Michael W and Barney Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,600,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2017
Sold by
Barney Michael W and Barney Michelle
Bought by
Barney Michael Q and Barney Michelle

Purchase Details

Listed on
Oct 4, 2016
Closed on
Jun 26, 2017
Sold by
Jalo Jalo Llc
Bought by
Barney Michael W and Barney Michelle
Seller's Agent
Gavin Ernstone
Simply Vegas
Buyer's Agent
Gavin Ernstone
Simply Vegas
List Price
$6,999,000
Sold Price
$5,000,000
Premium/Discount to List
-$1,999,000
-28.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.84%
Original Mortgage
$3,750,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2011
Sold by
Herbst Troy Dederick
Bought by
Jalo Jalo Llc

Purchase Details

Closed on
Jan 16, 2007
Sold by
Herbst Laura
Bought by
Herbst Troy D

Purchase Details

Closed on
Mar 3, 2004
Sold by
Herbst Troy Dederick
Bought by
Herbst Troy Dederick and Troy D Herbst Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2003
Sold by
Howard Hughes Properties Inc
Bought by
Herbst Troy Dederick
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 $9,600,000 Clear Title
Interfamily Deed Transfer -- First American Title
Interfamily Deed Transfer -- None Available
Bargain Sale Deed $5,000,000 Clear Title Co
Bargain Sale Deed $4,500,000 First American Title Paseo
Interfamily Deed Transfer -- Lawyers Title Of Nevada
Interfamily Deed Transfer -- Lawyers Title Of Nevada
Interfamily Deed Transfer -- Lawyers Title Of Nevada
Interfamily Deed Transfer -- United Title Of Nevada
Bargain Sale Deed $1,400,000 Stewart Title Of Nevada
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,573,273 New Conventional
Previous Owner $3,600,000 New Conventional
Previous Owner $3,750,000 New Conventional
Previous Owner $2,000,000 Credit Line Revolving
Previous Owner $5,000,000 Credit Line Revolving
Previous Owner $2,000,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2022 06/25/22 Sold $9,600,000 0.0% $898 / Sq Ft
06/25/2022 06/25/22 For Sale $9,600,000 +92.0% $898 / Sq Ft
07/06/2017 07/06/17 Sold $5,000,000 -28.6% $468 / Sq Ft
06/06/2017 06/06/17 Pending -- -- --
10/04/2016 10/04/16 For Sale $6,999,000 -- $655 / 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 $49,967 $2,145,845 $994,000 $1,151,845
2024 $48,513 $2,145,845 $994,000 $1,151,845
2023 $48,513 $1,917,039 $818,125 $1,098,914
2022 $49,386 $1,686,174 $743,750 $942,424
2021 $45,728 $1,636,944 $743,750 $893,194
2020 $42,456 $1,626,663 $743,750 $882,913
2019 $39,790 $1,620,234 $743,750 $876,484
2018 $37,967 $1,546,710 $700,000 $846,710
2017 $45,619 $1,554,328 $700,000 $854,328
2016 $35,514 $1,296,986 $364,000 $932,986
2015 $35,465 $1,193,802 $262,500 $931,302
2014 $34,430 $1,218,307 $329,000 $889,307
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1839450

Las Vegas REALTORS®

APN: 164-14-115-004