NOT LISTED FOR SALE

717 Foreign Reef Way Las Vegas, NV 89138

Estimated Value: $725,000 - $787,000

4 Beds
3 Baths
2,100 Sq Ft
$361/Sq Ft Est. Value

Last Sold August 02, 2023

Last sale price $697,000 $332 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,542/month

69 Days on Market

Highlights

  • Gated Community
  • Main Floor Bedroom
  • Balcony
  • Billy And Rosemary Vassiliadis Elementary School Rated A-
  • Covered Patio or Porch
  • 2 Car Attached Garage

About This Home

As of August 2023

BEAUTIFUL LIKE NEW Home in the sought-after Westcott Community of Summerlin. 4 Bedroom, 3 Full Bath, 2,100 sqft. Very large Master Suite includes balcony with Fantastic Views of Red Rock mountains. Master Suite has shower, separate tub, and 2 walk-in closets. 2 Bedrooms upstairs are connected by Jack-and-Jill bathroom. Bedroom downstairs has full bath. Gourmet Kitchen equipped with Double Oven, Gas Range, Side-by-Side Refrigerator, and Dishwasher. Spacious Family Room. Laundry Room includes front-loading Washer and Dryer mounted on pedestals for max convenience and additional storage. Spacious 2-car Garage. Large backyard has covered Patio great for entertaining. Home equipped with Alarm System including Sensors and Control Panel. Lights and Thermostats can be controlled via Amazon Alexa. Built-in WiFi extender provides strong WiFi throughout entire home. Nearby venues include Costco, Albertsons, Trader Joe's, Best Buy, Home Depot, Chevron, Red Rock Casino, Restaurants, and much more!

Last Agent to Sell the Property

Lesley Chan

APEX Realty LLC Brokerage Phone: 702-410-8181 License #S.0178025 Listed on: 05/04/2023

Last Buyer's Agent

Vanessa Jimenez

Northcap Residential License #BS.0146738

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,032

Year Built

  • Built in 2020

Lot Details

  • 3,920 Sq Ft Lot
  • East Facing Home
  • Back Yard Fenced
  • Block Wall Fence
  • Landscaped
  • Front and Back Yard Sprinklers
  • Property is in average condition

HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Tile Roof

Interior Spaces

  • 2,100 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Blinds

Kitchen

  • Built-In Gas Oven
  • Gas Range
  • Microwave
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Windows with Low Emissivity

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Vassiliadis Elementary School
  • Rogich Sig Middle School
  • Palo Verde High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities

Community Details

Overview

  • Association fees include management
  • Westcott Association, Phone Number (702) 869-0937
  • Summerlin Village 24 Parcel C Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,032

Year Built

Built in 2020

Lot Details

0

HOA Fees

$98 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.09
  • Subdivision Name: Summerlin Village 24 Parcel C
  • Directions: Charleston Blvd to Sky Vista, N on Sky Vista, W on Suncreek, S on Crossbridge; E on Oakwood Mast Ave, right on Shallow Shoal, right on Ferry Glide, Left on Foreign Reef
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Efficiency: Windows
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 2020
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: 702-410-8181
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 2020

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Built-In Gas Oven, Dryer, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Laminate, Tile
  • Interior Amenities: Bedroom on Main Level
  • Living Area: 2100.0
  • Window Features: Blinds, Double Pane Windows, Low-Emissivity Windows

Exterior Features

  • Fencing: Block, Back Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Landscaped, Rocks, < 1/4 Acre
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Direction Faces: East
  • Exterior Features: Balcony, Patio, Private Yard
  • Patio And Porch Features: Balcony, Covered, Patio
  • Property Condition: Average Condition, Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Gated
  • Association #2 Fee: 50.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 48.0
  • Association Fee Frequency: Monthly
  • Association Name: Westcott
  • Phone: 702-869-0937
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management

Schools

  • Elementary School: Vassiliadis, Billy & Rosemary,Vassiliadis, Billy &
  • High School: Palo Verde
  • Middle Or Junior School: Rogich Sig

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 3920.0
  • Additional Parcels Description: ---
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Land Lease Amount: 2500.0

Tax Info

  • Tax Annual Amount: 5032.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2023
Closed on
Jul 29, 2023
Sold by
Richard Douglas Fosman Revocable Trust
Bought by
Preston Tawra J
Seller's Agent
Lesley Chan
APEX Realty LLC
Buyer's Agent
Vanessa Jimenez
Northcap Residential
List Price
$715,000
Sold Price
$697,000
Premium/Discount to List
-$18,000
-2.52%
Views
58
Current Estimated Value
$757,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,222
Avg. Annual Appreciation
3.54%
Original Mortgage
$487,900
Outstanding Balance
$477,462
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$273,427

Purchase Details

Closed on
May 11, 2023
Sold by
Gemini Holdings Llc-Foreign Reef Series
Bought by
Richard Douglas Fosman Revocable Trust

Purchase Details

Closed on
Apr 25, 2023
Sold by
Richard Douglas Fosman Revocable Trust
Bought by
Gemini Holdings Llc-Foreign Reef Series

Purchase Details

Closed on
Jun 24, 2020
Sold by
Greystone Nevada Llc
Bought by
Fosman Richard and Fosman Richard Douglas
Source: Public Records

Range of Values:

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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
Preston Tawra J $697,000 Wfg National Title
Richard Douglas Fosman Revocable Trust -- None Listed On Document
Gemini Holdings Llc-Foreign Reef Series -- None Listed On Document
Fosman Richard $490,242 Calatlantic Title West
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Preston Tawra J $487,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2023 08/02/23 Sold $697,000 -0.4% $332 / Sq Ft
07/13/2023 07/13/23 Pending -- -- --
05/17/2023 05/17/23 Price Changed $699,900 -2.1% $333 / Sq Ft
05/04/2023 05/04/23 For Sale $715,000 -- $340 / 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 $5,338 $206,444 $79,800 $126,644
2024 $5,183 $206,444 $79,800 $126,644
2023 $4,884 $167,460 $49,000 $118,460
2022 $5,032 $154,703 $47,250 $107,453
2021 $4,884 $148,896 $47,250 $101,646
2020 $1,548 $42,842 $42,525 $317
2019 $1,056 $32,144 $31,850 $294
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2493439

Las Vegas REALTORS®

APN: 137-33-713-004