NOT LISTED FOR SALE

5 Olive Ridge Dr Las Vegas, NV 89135

Summerlin Neighborhood

Estimated Value: $2,579,000 - $2,836,000

4 Beds
4.5 Baths
4,172 Sq Ft
$642/Sq Ft Est. Value

Last Sold September 15, 2022

Last sale price $2,500,000 $599 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $15,709/month

13 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Gated Community
  • Judy & John L. Goolsby Elementary School Rated A-
  • Pool and Spa
  • Clubhouse

About This Home

As of September 2022

Designer Remolded Home located in the Guard Gated community of Sterling Ridge at The Ridges. Chef's Kitchen with Bosch appliances, quartz waterfall island and Baker's Pantry. Primary suite with separate retreat featuring his and her closets. Spa bath with makeup vanity. Entertainer's family room with bar and two-way fireplace to outside patio. Secondary bedrooms are all en suite, featuring built-out walk-in closets.
Wood-like tile and plush carpeting throughout. Backyard Oasis with fire feature, waterfall, and reverence negative edge jacuzzi.

Last Agent to Sell the Property

Maureen Robison

LVREAL Brokerage Phone: 702-780-7325 License #B.0144505 Listed on: 08/02/2022

Last Buyer's Agent

Admin Assistant

NON-MLS OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,523

Year Built

  • Built in 2017

Lot Details

  • 7,841 Sq Ft Lot
  • North Facing Home
  • Back Yard Fenced
  • Block Wall Fence
  • Drip System Landscaping
  • Property is in excellent condition

HOA Fees

  • $525 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Tile Roof

Interior Spaces

  • 4,172 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Carpet
  • Security System Owned

Kitchen

  • Built-In Electric Oven
  • Gas Cooktop
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Bedroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Windows with Low Emissivity
  • Sprinkler System

Pool

  • Pool and Spa
  • In Ground Pool
  • Waterfall Pool Feature

Schools

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

Utilities

  • Two cooling system units
  • Central Air
  • Multiple Heating Units
  • Heating System Uses Gas
  • Underground Utilities

Community Details

Overview

  • Association fees include security
  • The Ridges Association, Phone Number (702) 869-0937
  • Summerlin Village 18 Ridges Parcel M N O Phase 2 Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Fitness Center
  • Community Pool
  • Park
  • Dog Park

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,523

Year Built

Built in 2017

Lot Details

0

HOA Fees

$525 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Subdivision Name: Summerlin Village 18 Ridges Parcel M N O Phase 2
  • Directions: Located in the Guard Gated community of Sterling Ridge at the Ridges. Guard will direct you and provide code to secondary gate.
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Efficiency: Windows
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 2017
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: 702-780-7325
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 2017

Interior Features

  • Furnished: Unfurnished
  • Private Spa: Yes
  • Appliances: Built-In Electric Oven, Dryer, Gas Cooktop, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Bedroom, Family Room, Gas
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Other
  • Interior Amenities: Bedroom on Main Level
  • Living Area: 4172.0
  • Window Features: Low-Emissivity Windows

Exterior Features

  • Fencing: Block, Back Yard
  • Lot Features: Drip Irrigation/Bubblers, None
  • Pool Features: In Ground, Private, Pool/Spa Combo, Waterfall, Community
  • Pool Private: Yes
  • Disclosures: Covenants/Restrictions Disclosure
  • Direction Faces: North
  • Exterior Features: Private Yard, Sprinkler/Irrigation
  • Property Condition: Excellent, Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Clubhouse, Dog Park, Fitness Center, Golf Course, Gated, Park, Pool, Guard
  • Association #2 Fee: 525.0
  • Association #2 Fee Frequency: Monthly
  • Association Name: The Ridges
  • Phone: 702-869-0937
  • Association: Yes

Fee Information

  • Association Fee Includes: 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: 7841.0
  • Additional Parcels Description: ---
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 11523.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2022
Closed on
Sep 6, 2022
Sold by
Ak Bronstein Management Trust
Bought by
Slmc Trust
Seller's Agent
Maureen Robison
LVREAL
Buyer's Agent
Admin Assistant
NON-MLS OFFICE
List Price
$2,588,800
Sold Price
$2,500,000
Premium/Discount to List
-$88,800
-3.43%
Current Estimated Value
$2,676,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,549
Avg. Annual Appreciation
2.16%
Original Mortgage
$2,000,000
Outstanding Balance
$1,686,027
Interest Rate
4.26%
Mortgage Type
New Conventional
Estimated Equity
$990,522

Purchase Details

Closed on
Oct 25, 2017
Sold by
Bronstein Andrew J and Bronstein Karen S
Bought by
Bronstein Andrew J and Bronstein Karen S

Purchase Details

Closed on
Aug 14, 2017
Sold by
William Lyon Homes Inc
Bought by
Bornstein Andrew J and Bornstein Karen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$993,700
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Slmc Trust $2,500,000 Fidelity National Title
Bronstein Andrew J -- None Available
Bornstein Andrew J $1,092,167 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slmc Trust $2,000,000
Previous Owner Bornstein Andrew J $993,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2022 09/15/22 Sold $2,500,000 -3.4% $599 / Sq Ft
08/16/2022 08/16/22 Pending -- -- --
08/02/2022 08/02/22 For Sale $2,588,800 -- $621 / 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 $12,590 $630,595 $223,650 $406,945
2024 $12,224 $630,595 $223,650 $406,945
2023 $12,224 $562,645 $182,000 $380,645
2022 $11,868 $498,737 $151,200 $347,537
2021 $11,523 $448,135 $120,050 $328,085
2020 $11,184 $435,461 $111,650 $323,811
2019 $11,048 $405,377 $87,500 $317,877
2018 $9,898 $370,714 $87,500 $283,214
2017 $2,600 $87,500 $87,500 $0
2016 $731 $61,250 $61,250 $0
2015 $729 $43,750 $43,750 $0
2014 $704 $35,000 $35,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Maureen Robison

    Seller's Agent in 2022

    Maureen Robison

    LVREAL

    (702) 521-1980

    36 in this area

    54 Total Sales

    Maureen Robison
    Section Image

  • A

    Buyer's Agent in 2022

    Admin Assistant

    NON-MLS OFFICE

    (702) 260-1003

    447 in this area

    5,729 Total Sales

    Admin Assistant
    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 2423919

Las Vegas REALTORS®

APN: 164-14-816-037

Nevada Clark County Las Vegas 89135 Summerlin

5 Olive Ridge Dr, Las Vegas, NV

Not Listed for Sale

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