NOT LISTED FOR SALE

8316 Ocean Terrace Way Las Vegas, NV 89128

Summerlin Neighborhood

Estimated Value: $785,448 - $795,000

5 Beds
3 Baths
3,375 Sq Ft
$234/Sq Ft Est. Value

Last Sold November 08, 2023

Last sale price $725,000 $215 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,614/month

33 Days on Market

Highlights

  • Pool and Spa
  • 0.26 Acre Lot
  • Main Floor Bedroom
  • Solar Power System
  • Fireplace in Primary Bedroom
  • Double Pane Windows

About This Home

As of November 2023

Spacious 2 story home on an 11,326 s.f. lot. It features 3,375 s.f. of living space with 5 bedrooms and 2.75 baths. There is one bedroom downstairs, a formal living room and formal dining room and separate family room w/fireplace and bar. The kitchen has granite countertops, breakfast bar, nook and a Thermador stove, a built-in microwave, a Miele small oven that steams and a warming drawer. The refrigerator, washer & dryer stay. The upper level has 4 spacious bedrooms with ceiling fans. The primary bedroom & bath enjoys a 2-sided fireplace, double sinks, makeup, separate tub and shower and 2 walk-in closets. The backyard features an inground pool & spa, gazebo, palm trees and outdoor kitchen and a 3-car garage. The television in the gazebo stays. Solar is on the roof, but it is not hooked up. Sellers never used it.

Last Agent to Sell the Property

Susan Brager

BHHS Nevada Properties Brokerage Email: susanb@bhhsnv.com License #S.0023876 Listed on: 10/05/2023

BHHS Nevada Properties

Last Buyer's Agent

Lisa Pisciotta-Nealon

Win Win Real Estate License #S.0186422

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,220

Year Built

  • Built in 1990

Lot Details

  • 0.26 Acre Lot
  • South Facing Home
  • Block Wall Fence
  • Desert Landscape
  • Back Yard Fenced and Front Yard
  • Property is in good condition

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,375 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Sided Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Prewired Security

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Pots and Pans Drawers
  • Disposal

Flooring

  • Carpet
  • 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
  • Solar Power System

Outdoor Features

  • Pool and Spa
  • Patio
  • Built-In Barbecue

Schools

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

Utilities

  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • Association fees include management
  • South Shore Association, Phone Number (702) 856-3838
  • South Shore Estate Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,220

Year Built

Built in 1990

Lot Details

0

HOA Fees

$30 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.26
  • Subdivision Name: South Shore Estate
  • Directions: Lake Mead and Rampart, N on Rampart, E on Point Conception, Right on Harbor Island, Left on Rusty Dock, Left on Harbor Cliff and destination is straight ahead on left
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Efficiency: Solar Panel(s), Windows
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1990
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: susanb@bhhsnv.com
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1990

Interior Features

  • Furnished: Unfurnished
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Gas Cooktop, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Gas, Primary Bedroom, Multi-Sided
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Pot Rack
  • Living Area: 3375.0
  • Window Features: Double Pane Windows

Exterior Features

  • Fencing: Block, Back Yard
  • Lot Features: 1/4 to 1 Acre Lot, Back Yard, Desert Landscaping, Front Yard, Landscaped, Rocks
  • Pool Features: Pool/Spa Combo
  • Pool Private: Yes
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Frame, Stucco
  • Direction Faces: South
  • Exterior Features: Built-in Barbecue, Barbecue, Patio
  • Patio And Porch Features: Patio
  • Property Condition: Good Condition, Resale
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee: 91.0
  • Association #2 Fee Frequency: Quarterly
  • Association Name: South Shore
  • Phone: 702-856-3838
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management

Schools

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

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 11326.0
  • Additional Parcels Description: ---
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4220.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2023
Closed on
Nov 3, 2023
Sold by
Carroll Todd Alan
Bought by
Madden Shane F and Madden Sharon
Seller's Agent
Susan Brager
BHHS Nevada Properties
Buyer's Agent
Lisa Pisciotta-Nealon
Win Win Real Estate
List Price
$719,000
Sold Price
$725,000
Premium/Discount to List
$6,000
0.83%
Views
97
Current Estimated Value
$790,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,112
Avg. Annual Appreciation
4.66%
Original Mortgage
$652,500
Outstanding Balance
$640,697
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$149,415

Purchase Details

Closed on
Jan 14, 2021
Sold by
Carroll Marina
Bought by
Carroll Todd Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,160
Interest Rate
2.71%
Mortgage Type
VA

Purchase Details

Closed on
Jul 25, 2018
Sold by
Gardner Michael S and Gardner Michael S
Bought by
Tusken Tammy and Tusken Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 4, 2011
Sold by
Amante Heather
Bought by
Gardner Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,166
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 7, 2011
Sold by
Densmore Connie D and Densmore John E
Bought by
Gardner Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,166
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 12, 2008
Sold by
Densmore John E and Densmore Connie D
Bought by
Densmore John E and Densmore Connie D

Purchase Details

Closed on
Nov 22, 2004
Sold by
Densmore John E and Densmore Connie D
Bought by
Densmore John E and Densmore Connie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,034
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 7, 2003
Sold by
Densmore John E and Densmore Connie D
Bought by
Densmore John E and Densmore Connie D

Purchase Details

Closed on
Sep 18, 2002
Sold by
Densmore John E and Densmore Connie D
Bought by
Densmore John E and Densmore Connie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2001
Sold by
Griffin Panate L and Griffin Lamar V
Bought by
Densmore John E and Densmore Connie D

Purchase Details

Closed on
Apr 26, 1999
Sold by
Barry Mark A and Barry Yvonne
Bought by
Griffin Lamar and Griffin Panate L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,800
Interest Rate
6.98%

Purchase Details

Closed on
Apr 25, 1994
Sold by
Rangel Roy R and Rangel Armida
Bought by
Barry Mark A and Barry Yvonne

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
6%
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
Madden Shane F $725,000 Wfg National Title
Carroll Todd Alan -- Ticor Title Las Vegas
Carroll Todd Alan $560,000 Ticor Title Las Vegas
Tusken Tammy $435,000 Lawyers Title Las Vegas
Gardner Michael S -- Nevada Title Las Vegas
Gardner Michael S $309,000 Nevada Title Las Vegas
Densmore Connie D -- Nevada Title Las Vegas
Densmore John E -- None Available
Densmore John E -- Lawyers Title Of Nevada
Densmore John E -- United Title Of Nevada
Densmore John E -- United Title Of Nevada
Densmore John E -- --
Densmore John E $303,500 First American Title Co
Griffin Lamar $288,500 United Title
Barry Mark A $288,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madden Shane F $652,500
Previous Owner Carroll Todd Alan $580,160
Previous Owner Tusken Tammy $400,000
Previous Owner Gardner Michael S $301,166
Previous Owner Densmore John E $76,034
Previous Owner Densmore John E $259,000
Previous Owner Griffin Lamar $230,800
Previous Owner Barry Mark A $264,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2023 11/08/23 Sold $725,000 +0.8% $215 / Sq Ft
10/05/2023 10/05/23 For Sale $719,000 -- $213 / 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 $4,742 $149,392 $48,703 $100,689
2024 $4,220 $149,392 $48,703 $100,689
2023 $2,810 $144,162 $47,495 $96,667
2022 $3,908 $131,267 $42,263 $89,004
2021 $3,618 $120,960 $35,805 $85,155
2020 $3,357 $116,076 $31,185 $84,891
2019 $3,146 $113,883 $29,645 $84,238
2018 $3,002 $109,370 $28,175 $81,195
2017 $3,562 $108,653 $25,725 $82,928
2016 $2,810 $102,543 $18,743 $83,800
2015 $2,804 $96,886 $14,333 $82,553
2014 $2,717 $80,994 $12,863 $68,131
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2531489

Las Vegas REALTORS®

APN: 138-21-114-011