NOT LISTED FOR SALE

Estimated Value: $2,463,000 - $3,477,000

0.64 Acre
$4,602,800 Price per Acre
27,878 Sq Ft Lot

Last Sold May 26, 2023

Last sale price $2,400,000

Est. 23% increase in value since last sale

Current estimated payment $18,086/month

63 Days on Market

Highlights

  • Gated Community
  • Judy & John L. Goolsby Elementary School Rated A-
  • 0.64 Acre Lot

About This Lot

As of May 2023

TIME IS OF THE ESSENCE! THIS IS CURRENTLY THE ONLY LOT AVAILABLE IN THE RIDGES! PERFECTLY SITUATED IN INDIGO - THE ENCLAVE OF CUSTOM SINGLE STORY HOMES, LOCATED AT THE START OF THE CUL DE SAC AND ON BEAR'S BEST GOLF COURSE. THERE ARE ONLY 28 HOME SITES IN THIS COMMUNITY WITH 15 HAVING GOLF COURSE FRONTAGE. THIS IS NOT ONLY ONE OF THEM BUT THE ONLY ONE AVAILABLE!!! LAST COMPLETED HOME SALE CLOSED AT $1,107/SQ FOOT!!! DON'T MISS THIS SPECTACULAR OPPORTUNITY!!! THE RIDGES OFFERS: CC&RS, Clubhouse, COMMUNITY Facilities, COMMUNITY Golf, COMMUNITY Pool, COMMUNITY Spa, Exercise Room, Fitness Center, Gated, Guard Gated, Jogging, Not Age Restricted, Pet Park, Pool, Security, Tennis Courts

Last Listed By

Lorie Borges

Huntington & Ellis, A Real Est License #S.0173309 Listed on: 03/23/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,331

Lot Details

  • 0.64

HOA Fees

  • $667 Monthly HOA Fees

Additional Features

  • 0.64 Acre Lot
  • Underground Utilities

Community Details

Overview

  • The Ridges Association, Phone Number (702) 869-0937
  • Summerlin Village 18 Parcel I Indigo Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$10,331

Lot Details

0

HOA Fees

$667 per month

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.64
  • Road Surface Type: Paved
  • Subdivision Name: Summerlin Village 18 - Parcel I Indigo
  • Directions: Granite Ridge & Flamingo. S on Granite Ridge through The Ridges guard gate, L onto Midnight Sky through second gate into Indigo, R on Crested Cloud.
  • ResoPropertyType: Land
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Utilities

  • Security: Gated Community
  • Electric: Underground
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated
  • Association #2 Fee: 667.0
  • Association #2 Fee Frequency: Monthly
  • Association Name: The Ridges
  • Phone: 702-869-0937
  • Association: Yes

Schools

Lot Info

  • Lot Size Sq Ft: 27878.0
  • Additional Parcels Description: ---
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10331.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2023
Sold by
Russ Eric
Bought by
Eric Russ Separate Property Trust and Russ
Total Days on Market
63
Current Estimated Value
$2,945,792

Purchase Details

Closed on
Feb 26, 2021
Sold by
Howard Hughes Properties Inc
Bought by
Kevin R Elder Revocable Trust and Elder

Purchase Details

Closed on
Feb 24, 2021
Sold by
Howard Hughes Properties Inc
Bought by
Elder Kevin R and The Kevin R Elder Revocable Trust

Purchase Details

Closed on
Sep 11, 2012
Sold by
Kevin R Elder Revocable Trust
Bought by
Russ Eric and Stambaugh Jennifer Diane

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
Eric Russ Separate Property Trust -- None Listed On Document
Kevin R Elder Revocable Trust $1,785,000 First American Title
Elder Kevin R $1,785,000 First American Title Insu
Russ Eric $2,400,000 Chicago Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2023 05/26/23 Sold $2,400,000 -15.8% --
03/23/2023 03/23/23 For Sale $2,850,000 -- --
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 $11,157 $908,461 $906,500 $1,961
2024 $11,157 $908,461 $906,500 $1,961
2023 $11,157 $925,859 $924,000 $1,859
2022 $10,331 $596,653 $595,000 $1,653
2021 $9,566 $603,572 $602,000 $1,572
2020 $8,879 $603,558 $602,000 $1,558
2019 $8,305 $482,595 $481,600 $995
2018 $7,925 $368,664 $367,500 $1,164
2017 $11,027 $374,850 $374,850 $0
2016 $7,413 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2482019

Las Vegas REALTORS®

APN: 164-23-116-016