NOT LISTED FOR SALE

Estimated Value: $5,502,000 - $6,100,000

0.45 Acre
$13,040,229 Price per Acre
19,602 Sq Ft Lot

Last Sold June 01, 2012

Last sale price $375,000

Est. 1,465% increase in value since last sale

Current estimated payment $33,409/month

179 Days on Market

Highlights

  • On Golf Course
  • Gated Community
  • 0.45 Acre Lot
  • Judy & John L. Goolsby Elementary School Rated A-

About This Lot

As of June 2012

GOLF COURSE LOT IN THE RIDGES, NEARLY 1/2 AND ACRE WITH VIEWS

Last Agent to Sell the Property

Ivan Sher

IS Luxury License #BS.0046822 Listed on: 11/04/2011

Last Buyer's Agent

Dan Coletti

Sun West Luxury Realty LLC License #B.0036474

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,419

Year Built

  • 2013

Lot Details

  • 0.45 Acre Lot
  • On Golf Course

Community Details

  • Summerlin Village 18 Ridges Pa Subdivision
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,419

Year Built

2013

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.45
  • Road Surface Type: Paved
  • Subdivision Name: SUMMERLIN VILLAGE 18 RIDGES PA
  • Directions: FROM DESERT INN AND TOWN CENTER, WEST ON DESERT INN, SO TO RIDGES, RIGHT TO GUARD, THROUGH GATE FOLLOW MARBLE RIDGE TO FALCON RIDGE
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2013

Exterior Features

  • Lot Features: On Golf Course

Utilities

  • Security: Gated Community
  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated

Lot Info

  • Additional Parcels Description: NumParcels:1
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2419.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2016
Sold by
Ramsey Patrick J and Ramsey Andrea Maribel
Bought by
Kno Meadowhawk Llc
Total Days on Market
179
Current Estimated Value
$5,868,103

Purchase Details

Closed on
Nov 22, 2013
Sold by
Ramsey Patrick and Ramsey Andrea Maribel
Bought by
Ramsey Patrick J and Ramsey Andrea Maribel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,851,500
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Nov 4, 2011
Closed on
May 30, 2012
Sold by
Apollo Stuart and Nicholson Michelle
Bought by
Ramsey Patrick and Ramsey Andrea Maribel
Seller's Agent
Ivan Sher
IS Luxury
Buyer's Agent
Dan Coletti
Sun West Luxury Realty LLC
List Price
$499,000
Sold Price
$375,000
Premium/Discount to List
-$124,000
-24.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.54%

Purchase Details

Closed on
Jun 9, 2006
Sold by
Howard Hughes Properties Inc
Bought by
Apollo Stuart and Nicholson Michelle
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
Kno Meadowhawk Llc $4,500,000 Chicago Title
Ramsey Patrick J -- Nevada Title
Ramsey Patrick $375,000 Nevada Title Las Vegas
Apollo Stuart $925,000 Nevada Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kno Meadowhawk Llc $10,000,000
Previous Owner Ramsey Patrick J $1,851,500
Previous Owner Ramsey Patrick J $1,851,500
Previous Owner Ramsey Patrick $1,834,040
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2012 06/01/12 Sold $375,000 -24.8% --
05/02/2012 05/02/12 Pending -- -- --
11/04/2011 11/04/11 For Sale $499,000 -- --
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 $27,201 $1,311,698 $526,680 $785,018
2024 $26,409 $1,311,698 $526,680 $785,018
2023 $26,409 $1,159,950 $420,000 $739,950
2022 $26,884 $1,057,642 $367,500 $690,142
2021 $24,893 $991,660 $341,250 $650,410
2020 $23,110 $982,640 $341,250 $641,390
2019 $21,659 $974,892 $341,250 $633,642
2018 $20,667 $872,523 $262,500 $610,023
2017 $25,732 $876,250 $262,500 $613,750
2016 $19,332 $733,959 $170,100 $563,859
2015 $19,305 $685,111 $106,400 $578,711
2014 $18,738 $106,400 $106,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1200146

Las Vegas REALTORS®

APN: 164-14-414-010