NOT LISTED FOR SALE

7040 Deer Springs Way Las Vegas, NV 89131

Estimated Value: $1,125,000 - $2,140,406

4 Beds
6 Baths
5,534 Sq Ft
$312/Sq Ft Est. Value

Last Sold February 26, 2020

Last sale price $1,275,000 $230 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $10,008/month

11 Days on Market

Highlights

  • Horses Allowed On Property
  • RV Garage
  • Mountain View
  • Garage Cooled
  • Custom Home
  • Marble Flooring

About This Home

As of February 2020

Incredible, rare and luxurious 1 acre estate, 4 bed/6 bath w/ 1200 sq ft basement. Top of the line construction, no expense spared. Solid knotty alder doors and trim throughout, Brazilian riverbed granite countertops, hickory hardwood floors, custom travertine and marble bathrooms, 6 sets of French doors to exterior, oversized windows, all beds have own bath & custom closet, fireman pole to basement! Horse zoned! Giant shop for toys! RV Parking!

Last Agent to Sell the Property

Casey Thornton

Vision Realty Group License #S.0067249 Listed on: 01/15/2020

Last Buyer's Agent

Casey Thornton

Vision Realty Group License #S.0067249 Listed on: 01/15/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,057

Year Built

  • Built in 2008

Lot Details

  • 0.92 Acre Lot
  • South Facing Home
  • Block Wall Fence
  • Chain Link Fence
  • Electric Fence
  • Drip System Landscaping
  • Backyard Sprinklers
  • Back Yard Fenced and Front Yard
  • Property is in very good condition

Parking

  • 2 Car Garage
  • Garage Cooled
  • Epoxy
  • RV Garage

Home Design

  • Custom Home
  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 5,534 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Plantation Shutters
  • Blinds
  • Living Room with Fireplace
  • Mountain Views
  • Security System Owned
  • Basement

Kitchen

  • Double Oven
  • Built-In Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Sink Near Laundry
  • Laundry Cabinets
  • Gas Dryer Hookup

Outdoor Features

  • Courtyard
  • Covered Patio or Porch
  • Shed
  • Built-In Barbecue

Schools

  • Rhodes Betsy Elementary School
  • Cadwallader Ralph Middle School
  • Arbor View High School

Utilities

  • Two cooling system units
  • Central Air
  • Multiple Heating Units
  • Underground Utilities
  • 220 Volts in Garage
  • Shared Well
  • Tankless Water Heater
  • Water Purifier
  • Water Softener is Owned

Additional Features

  • Accessible Hallway
  • Energy-Efficient Windows with Low Emissivity
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Gilcrease Ranch Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,057

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 0.92
  • Subdivision Name: Gilcrease Ranch
  • Directions: From Elkhorn and Tenaya head South, Turn Left on Deer Springs to property on the Left.
  • Architectural Style: One Story, Custom
  • Carport Y N: No
  • Garage Yn: Yes
  • Efficiency: Windows
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 2008
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 2008

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Built-In Gas Oven, Double Oven, Dishwasher, Gas Cooktop, Disposal, Microwave, Refrigerator, Water Softener Owned, Tankless Water Heater, Water Purifier
  • Accessibility Features: Accessible Hallway(s)
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Gas, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Marble
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Primary Downstairs, Skylights, Window Treatments, Central Vacuum
  • Living Area: 5534.0
  • Window Features: Blinds, Low Emissivity Windows, Plantation Shutters, Skylight(s)

Exterior Features

  • Fencing: Block, Back Yard, Chain Link, Electric, RV Gate
  • Lot Features: 1/4 to 1 Acre Lot, Back Yard, Drip Irrigation/Bubblers, Front Yard, Sprinklers In Rear, Landscaped
  • Pool Private: No
  • View: Mountain(s)
  • View: Yes
  • Disclosures: Principal is Real Estate Licensed
  • Construction Type: Frame, Stucco
  • Direction Faces: South
  • Exterior Features: Built-in Barbecue, Barbecue, Courtyard, Patio, Private Yard, Shed, Sprinkler/Irrigation
  • Foundation Details: Basement
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale, Very Good Condition
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Air Conditioned Garage, Epoxy Flooring, Finished Garage, RV Garage, RV Access/Parking

Utilities

  • Laundry Features: Cabinets, Gas Dryer Hookup, Main Level, Laundry Room, Sink
  • Security: Security System Owned
  • Cooling: Central Air, Electric, 2 Units
  • Cooling Y N: Yes
  • Heating: Electric, Multiple Heating Units
  • Heating Yn: Yes
  • Electric: Photovoltaics None, 220 Volts in Garage
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Community/Coop, Shared Well

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No

Schools

  • Elementary School: Rhodes Betsy,Rhodes Betsy
  • High School: Arbor View
  • Middle Or Junior School: Cadwallader Ralph

Lot Info

  • Horse Amenities: None, Horses Allowed
  • Lot Size Sq Ft: 40075.0
  • Additional Parcels Description: ---
  • Zoning Description: Horses Permitted,Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5057.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2020
Closed on
Feb 14, 2020
Sold by
Thornton Casey D
Bought by
Martin Frank E and Martin Patricia L
Seller's Agent
Casey Thornton
Vision Realty Group
Buyer's Agent
Casey Thornton
Vision Realty Group
List Price
$1,200,000
Sold Price
$1,275,000
Premium/Discount to List
$75,000
6.25%
Current Estimated Value
$1,726,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$451,102
Avg. Annual Appreciation
5.56%
Original Mortgage
$575,000
Outstanding Balance
$509,122
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$1,216,980

Purchase Details

Listed on
Oct 8, 2012
Closed on
Feb 3, 2014
Sold by
Thornton Emily S
Bought by
Thornton Casey D
Seller's Agent
Therese Tordjman
BHHS Nevada Properties
Buyer's Agent
James Berkabile
Vision Realty Group
List Price
$500,000
Sold Price
$520,000
Premium/Discount to List
$20,000
4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.95%
Original Mortgage
$416,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2008
Sold by
Martin Frank E and Martin Patricia L
Bought by
Martin Frank E and Martin Patricia L

Purchase Details

Closed on
Apr 27, 2007
Sold by
Norland Allan C and Norland Nancy
Bought by
Martin Frank E and Martin Patricia L
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Martin Frank E $1,275,000 Lawyers Title Las Vegas
Thornton Casey D -- Lawyers Title Las Vegas
Thornton Casey D -- Nevada Title Las Vegas
Thornton Casey D $520,000 Nevada Titlelas Vegas
Martin Frank E -- Nevada Title Las Vegas
Martin Frank E -- None Available
Martin Frank E $450,000 Land Title Of Nevada
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Frank E $575,000
Previous Owner Thornton Casey D $416,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2020 02/26/20 Sold $1,275,000 +6.3% $230 / Sq Ft
01/27/2020 01/27/20 Pending -- -- --
01/15/2020 01/15/20 For Sale $1,200,000 +130.8% $217 / Sq Ft
02/04/2014 02/04/14 Sold $520,000 +4.0% $94 / Sq Ft
01/05/2014 01/05/14 Pending -- -- --
10/08/2012 10/08/12 For Sale $500,000 -- $90 / 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 $10,288 $550,762 $85,750 $465,012
2024 $6,378 $550,762 $85,750 $465,012
2023 $6,378 $390,096 $78,750 $311,346
2022 $6,192 $359,357 $75,250 $284,107
2021 $6,012 $336,974 $67,200 $269,774
2020 $5,834 $295,095 $60,200 $234,895
2019 $5,664 $288,372 $57,750 $230,622
2018 $5,405 $271,215 $49,000 $222,215
2017 $7,065 $259,125 $49,000 $210,125
2016 $5,057 $206,579 $41,563 $165,016
2015 $5,049 $198,813 $31,588 $167,225
2014 $4,892 $174,094 $22,750 $151,344
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Casey Thornton

    Vision Realty Group

    (702) 326-8504

    3 Total Sales

    Casey Thornton
    Section Image

  • T

    Seller's Agent in 2014

    Therese Tordjman

    BHHS Nevada Properties

    5 Total Sales

    Therese Tordjman
    Section Image

  • J

    Buyer's Agent in 2014

    James Berkabile

    Vision Realty Group

See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 2165339

Las Vegas REALTORS®

APN: 125-22-601-009

Nevada Clark County Las Vegas 89131

7040 Deer Springs Way, Las Vegas, NV

This home is located at 7040 Deer Springs Way, Las Vegas, NV 89131 since 15 January 2020 and is currently estimated at $1,726,102, approximately $311 per square foot. This property was built in 2008. 7040 Deer Springs Way is a home located in Clark County with nearby schools including Betsey A Rhodes Elementary School, Ralph Cadwallader Middle School, and Arbor View High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Las Vegas REALTORS® The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. Information is deemed reliable but not guaranteed. Copyright 2025 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.

Nearby Homes