NOT LISTED FOR SALE

8236 Ocean Terrace Way Las Vegas, NV 89128

Summerlin Neighborhood

Estimated Value: $673,770 - $796,000

5 Beds
3 Baths
3,490 Sq Ft
$212/Sq Ft Est. Value

Last Sold October 30, 2014

Last sale price $320,000 $92 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $4,293/month

7 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Covered Patio or Porch
  • Plantation Shutters
  • Main Floor Bedroom
  • Double Oven
  • 3 Car Attached Garage

About This Home

As of October 2014

Fabulous Tri-Level with almost 3500 square feet. Gorgeous double entry doors with 1/2 half glass. Large formal living room with formal dining elevated above living room. Great kitchen with all appliances, eating area looks down on to massive family room w/wet bar, F/P. Separate bdrm & bath on this level. Upstairs has 4 bdrms including the massive Master Suite with F/P, 2 large walk in closets. COME SEE THIS HOME!

Last Agent to Sell the Property

Roger Melvin

Simply Vegas License #BS.0020966 Listed on: 09/22/2014

Last Buyer's Agent

Chin Yue

Realty ONE Group, Inc License #S.0174454

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,435

Year Built

  • Built in 1990

Lot Details

  • 6,098 Sq Ft Lot
  • South Facing Home
  • Block Wall Fence
  • Landscaped
  • Front and Side Yard Sprinklers
  • Back Yard Fenced
  • Property is in very good condition

HOA Fees

  • $22 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Inside Entrance
  • Garage Door Opener

Home Design

  • Tri-Level Property
  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,490 Sq Ft Home
  • Gas Fireplace
  • Double Pane Windows
  • Plantation Shutters
  • Family Room with Fireplace
  • 2 Fireplaces
  • Intercom

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Doors

Outdoor Features

  • Covered Patio or Porch

Schools

  • Bryan Richard Elementary School
  • Becker Middle School
  • Cimarron-Memorial High School

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Underground Utilities
  • Cable TV Available

Community Details

  • Association fees include reserve fund
  • South Shores Association, Phone Number (702) 362-6262
  • South Shore Est Unit 1 Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,435

Year Built

Built in 1990

Lot Details

0

HOA Fees

$22 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Ownership: Single Family Residential
  • Subdivision Name: SOUTH SHORE EST UNIT 1
  • Directions: From Lake Mead and Buffalo, go W on Lake Mead, go rt (north) on Mariner Dr, Left on Soft Winds Dr, Left on Laguna Beach, Rt on Terra Mar then rt on Ocean Terrace to 8236.
  • Architectural Style: Tri-Level
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Multi/Split
  • Efficiency: Doors, Windows
  • Property Attached Yn: No
  • Year Built Details: RESALE
  • Year Built: 1990
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Year Built: 1990

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Built-In Electric Oven, Double Oven, Dryer, Dishwasher, Gas Cooktop, Disposal, Microwave, Refrigerator, Washer
  • Other Equipment: Intercom
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Gas, Primary Bedroom
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Interior Amenities: Bedroom on Main Level, Window Treatments
  • Living Area: 3490.0
  • Window Features: Double Pane Windows, Plantation Shutters

Exterior Features

  • Fencing: Block, Back Yard
  • Lot Features: Back Yard, Sprinklers In Front, Landscaped, Rocks, Sprinklers Timer, Sprinklers On Side, < 1/4 Acre
  • Pool Private: No
  • Disclosures: Principal is Real Estate Licensed, Covenants/Restrictions Disclosure
  • Construction Type: Frame, Stucco
  • Direction Faces: South
  • Exterior Features: Exterior Steps, Patio, Sprinkler/Irrigation
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale, Very Good Condition
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Finished Garage, Garage, Garage Door Opener, Inside Entrance

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Main Level, Laundry Room
  • Cooling: Central Air, Electric, 2 Units
  • Cooling Y N: Yes
  • Heating: Central, Gas, Multiple Heating Units
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 22.0
  • Association Fee Frequency: Monthly
  • Association Name: South Shores
  • Phone: 702-362-6262
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Reserve Fund

Schools

  • Elementary School: Bryan Richard,Bryan Richard
  • High School: Cimarron-Memorial
  • Middle Or Junior School: Becker

Lot Info

  • Current Use: Residential
  • Horse Amenities: None
  • Lot Size Sq Ft: 6098.0
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2435.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2016
Sold by
Han Wei and Xing Ying
Bought by
Han Wei and Xing Ying
Current Estimated Value
$741,443

Purchase Details

Closed on
Jan 16, 2015
Sold by
Han Wei
Bought by
Han Wei and Xing Ying

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$89,995
Interest Rate
3.87%
Mortgage Type
Credit Line Revolving
Estimated Equity
$651,448

Purchase Details

Listed on
Sep 22, 2014
Closed on
Oct 14, 2014
Sold by
Cedar Bluffs Llc
Bought by
Han Wei
Seller's Agent
Roger Melvin
Simply Vegas
Buyer's Agent
Chin Yue
Realty ONE Group, Inc
List Price
$94,134
Sold Price
$320,000
Premium/Discount to List
$225,866
239.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%

Purchase Details

Closed on
Aug 29, 2008
Sold by
Mahoney Paul J and Mahoney Karen A
Bought by
Cedar Bluffs Llc

Purchase Details

Closed on
May 15, 2008
Sold by
Stanfill Rebecca Irene
Bought by
Mahoney Paul J and Mahoney Karen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 6, 1993
Sold by
Stanfill Herman F and Stanfill Rebecca Irene
Bought by
Stanfill Herman F and Stanfill Rebecca Irene
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
Han Wei -- None Available
Han Wei -- First American Title Paseo
Han Wei $320,000 First American Title Paseo
Cedar Bluffs Llc -- None Available
Mahoney Paul J -- None Available
Mahoney Paul J $330,000 Equity Title Flamingo
Stanfill Herman F -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Han Wei $160,000
Previous Owner Mahoney Paul J $264,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2014 10/30/14 Sold $320,000 +239.9% $92 / Sq Ft
09/30/2014 09/30/14 Pending -- -- --
09/22/2014 09/22/14 For Sale $94,134 0.0% $27 / Sq Ft
11/20/2012 11/20/12 For Rent $1,695 0.0% --
11/20/2012 11/20/12 Rented $1,695 0.0% --
11/06/2012 11/06/12 Rented $1,695 -3.1% --
10/07/2012 10/07/12 Under Contract -- -- --
09/30/2012 09/30/12 For Rent $1,750 -- --
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 $4,084 $131,707 $42,350 $89,357
2024 $3,782 $131,707 $42,350 $89,357
2023 $3,782 $127,509 $41,300 $86,209
2022 $3,502 $115,837 $36,750 $79,087
2021 $3,243 $108,300 $32,550 $75,750
2020 $3,009 $103,834 $28,350 $75,484
2019 $2,820 $101,900 $26,950 $74,950
2018 $2,690 $96,521 $24,500 $72,021
2017 $3,211 $97,958 $24,500 $73,458
2016 $2,518 $92,238 $17,850 $74,388
2015 $2,513 $87,306 $13,650 $73,656
2014 $2,435 $72,707 $12,250 $60,457
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1481988

Las Vegas REALTORS®

APN: 138-21-115-010