NOT LISTED FOR SALE

Estimated Value: $1,509,500

5 Beds
8 Baths
12,362 Sq Ft
$122/Sq Ft Est. Value

Last Sold February 04, 2019

Last sale price $6,000,000 $485 Per Sq Ft

Current estimated payment $9,734/month

296 Days on Market

Highlights

  • Indoor Pool
  • 2.18 Acre Lot
  • Marble Flooring
  • Gated Community
  • Fireplace in Primary Bedroom
  • Main Floor Primary Bedroom

About This Home

As of February 2019

A true one of a kind compound in the heart of Las Vegas *gated/guard house for ultra privacy. This masterpiece has 4 separate parcels totaling 6.8 acres *10+ car garage *indoor pool *media room *game room *rooftop deck with 360° view *massive master includes seating room and an ultimate wet bar *outdoor resort style pool *tennis court *batting cage *2 additional homes that encompasses 2765 sq.ft. and 5478 sq.ft. plus a 2.18 acre park like parcel*

Last Agent to Sell the Property

Cheryl Davis

Paragon Premier Properties License #B.0027462 Listed on: 03/14/2018

Last Buyer's Agent

Cheryl Davis

Paragon Premier Properties License #B.0027462 Listed on: 03/14/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,891

Year Built

  • Built in 2001

Lot Details

  • 2.18 Acre Lot
  • North Facing Home
  • Property is Fully Fenced
  • Block Wall Fence
  • Landscaped
  • Property is in good condition

Parking

  • 10 Car Detached Garage
  • Workshop in Garage
  • Garage Door Opener

Home Design

  • Tile Roof

Interior Spaces

  • 12,362 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Awning
  • Insulated Windows
  • Plantation Shutters
  • Drapes & Rods
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Marble Flooring
  • Security System Owned

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Doors

Pool

  • Indoor Pool
  • Above Ground Pool
  • Spa

Outdoor Features

  • Balcony

Schools

  • Derfelt Herbert A Elementary School
  • Johnson Walter* Middle School
  • Bonanza High School

Utilities

  • Cooling Available
  • Multiple Heating Units
  • Central Heating
  • Heating System Uses Gas
  • Underground Utilities
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,891

Year Built

Built in 2001

Lot Details

0

Parking

10

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.18
  • Subdivision Name: NONE
  • Directions: FROM SAHARA AND CIMARRON, NORTH ON CIMARRON TO OBANNON, RIGHT ON OBANNON.
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Efficiency: Doors, Windows
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 2001
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 2001

Interior Features

  • Spa Features: Outdoor Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Gas Oven, Double Oven, Dryer, Dishwasher, Gas Cooktop, Disposal, Refrigerator, Washer
  • Other Equipment: Satellite Dish
  • Full Bathrooms: 3
  • Half Bathrooms: 4
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Gas, Living Room, Primary Bedroom
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Marble
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Primary Downstairs, Window Treatments, Central Vacuum
  • Living Area: 12362.0
  • Window Features: Double Pane Windows, Drapes, Insulated Windows, Plantation Shutters, Window Treatments

Exterior Features

  • Fencing: Block, Full
  • Lot Features: 1 to 5 Acres, Landscaped
  • Pool Features: Above Ground, Indoor
  • Pool Private: Yes
  • Direction Faces: North
  • Exterior Features: Balcony, Awning(s)
  • Patio And Porch Features: Balcony
  • Property Condition: Good Condition, Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 10.0
  • Parking Features: Detached, Finished Garage, Garage, Garage Door Opener, Workshop in Garage

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room
  • Security: Security System Owned
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas, Multiple Heating Units
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Utilities: Cable Available, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School: Derfelt Herbert A,Derfelt Herbert A
  • High School: Bonanza
  • Middle Or Junior School: Johnson Walter*

Lot Info

  • Current Use: Residential
  • Horse Amenities: None
  • Lot Size Sq Ft: 94961.0
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 39891.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2018
Closed on
Apr 3, 2019
Sold by
Bouzari Alex K
Bought by
Bouzari Alex K and Redbronze Trust
Seller's Agent
Cheryl Davis
Paragon Premier Properties
Buyer's Agent
Cheryl Davis
Paragon Premier Properties
List Price
$10,500,000
Sold Price
$6,000,000
Premium/Discount to List
-$4,500,000
-42.86%
Current Estimated Value
$1,509,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,490,500
Avg. Annual Appreciation
-18.65%
Original Mortgage
$4,800,000
Interest Rate
4.3%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 14, 2018
Closed on
Feb 1, 2019
Sold by
Castleplus Nevada Llc
Bought by
Bouzari Alex K and The Red Bronze Trust
Seller's Agent
Cheryl Davis
Paragon Premier Properties
Buyer's Agent
Cheryl Davis
Paragon Premier Properties
List Price
$10,500,000
Sold Price
$6,000,000
Premium/Discount to List
-$4,500,000
-42.86%

Purchase Details

Listed on
May 5, 2014
Closed on
Jan 12, 2015
Sold by
Rhine Investments Llc
Bought by
Castleplus Nevada Llc
Seller's Agent
Ivan Sher
IS Luxury
Buyer's Agent
Rosemary Zheng
Golden Assets & Property Mgt
List Price
$6,850,000
Sold Price
$4,600,000
Premium/Discount to List
-$2,250,000
-32.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%

Purchase Details

Closed on
Mar 18, 2009
Sold by
Kelly William Shane
Bought by
Rhine Investments Llc

Purchase Details

Closed on
Oct 27, 2008
Sold by
Kelly William Shane
Bought by
Kelly William Shane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.04%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 22, 2008
Sold by
Lucas Holdings Llc
Bought by
William Shane Kelly Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.04%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 16, 2004
Sold by
Kelly W
Bought by
Lucas Holdings Llc

Purchase Details

Closed on
Jan 12, 2004
Sold by
Kelly William
Bought by
Kelly W and The Kelly Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 2, 2003
Sold by
Curtis Arthur B and Curtis Cynthia F
Bought by
Kelly W and The Kelly Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Bouzari Alex K -- First American Title
Bouzari Alex K $6,000,000 First American Title
Castleplus Nevada Llc $300,000 Nevada Title Las Vegas
Rhine Investments Llc -- None Available
Kelly William Shane -- None Available
William Shane Kelly Trust -- None Available
Lucas Holdings Llc -- First Amer Title Co Of Nv
Kelly W -- Old Republic Title Co Of Ne
Kelly William -- Old Republic Title Co Of Ne
Kelly W $6,100,000 Old Republic Title Company O
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bouzari Alex K $10,500,000
Closed Bouzari Alex K $4,800,000
Previous Owner Rhine Investments Llc $1,000,000
Previous Owner Rhine Investmenst Llc $3,300,000
Previous Owner Kelly William Shane $417,000
Previous Owner Kelly William $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2019 02/04/19 Sold $6,000,000 -42.9% $485 / Sq Ft
01/05/2019 01/05/19 Pending -- -- --
03/14/2018 03/14/18 For Sale $10,500,000 +128.3% $849 / Sq Ft
01/21/2015 01/21/15 Sold $4,600,000 -32.8% $279 / Sq Ft
12/22/2014 12/22/14 Pending -- -- --
05/05/2014 05/05/14 For Sale $6,850,000 -- $416 / 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 $206,038 $6,246,084 $305,200 $5,940,884
2024 $8,355 $6,246,084 $305,200 $5,940,884
2023 $8,355 $307,168 $267,050 $40,118
2022 $8,112 $247,357 $209,825 $37,532
2021 $8,042 $245,230 $209,825 $35,405
2020 $8,035 $245,094 $209,825 $35,269
2019 $44,693 $1,402,463 $209,825 $1,192,638
2018 $42,646 $1,365,080 $209,825 $1,155,255
2017 $43,341 $1,322,097 $152,600 $1,169,497
2016 $39,891 $1,261,985 $95,375 $1,166,610
2015 $39,833 $1,216,886 $68,670 $1,148,216
2014 $38,596 $1,193,516 $68,670 $1,124,846
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1969994

Las Vegas REALTORS®

APN: 163-04-801-008