NOT LISTED FOR SALE

Estimated Value: $6,157,970 - $7,383,000

5 Beds
6.5 Baths
7,808 Sq Ft
$848/Sq Ft Est. Value

Last Sold April 30, 2015

Last sale price $3,300,000 $423 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $39,785/month

192 Days on Market

Highlights

  • Fitness Center
  • Heated Infinity Pool
  • Gated Community
  • Judy & John L. Goolsby Elementary School Rated A-
  • Custom Home
  • View of Las Vegas Strip

About This Home

As of April 2015

THIS CONTEMPORARY CUSTOM HOME IS STRIKING INSIDE AND OUT. THE GREAT ROOM ADORNS 2STORY CEILINGS,FLOOR TO CEILING WINDOWS,DISAPPEARING POCKET DOORS,STONE ACCENTS&TRAVERTINE FLOORING.THE KITCHEN & FAMILY RM SHARE AN OPEN SPACE COMPLETE WITH HIGH-END APPLIANCES,DOUBLE ISLANDS,CUSTOM CABINETRY&A GLASS WINE CELLAR.ALSO INCLUDED IS A MEDIA ROOM,OFFICE,DEN,4 BDRM SUITES PLUS A GORGEOUS MASTER SHOWCASING MOUNTAIN AND STRIP VIEWS.

Last Agent to Sell the Property

Ivan Sher

IS Luxury License #BS.0046822 Listed on: 09/19/2014

Last Buyer's Agent

Zar Zanganeh

The Agency Las Vegas License #BS.1000811

The Agency Las Vegas

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,960

Year Built

  • Built in 2008

Lot Details

  • 0.4 Acre Lot
  • North Facing Home
  • Wrought Iron Fence
  • Drip System Landscaping
  • Backyard Sprinklers
  • Back Yard Fenced
  • Property is in excellent condition

HOA Fees

Parking

  • 4 Car Garage
  • Parking Storage or Cabinetry
  • Inside Entrance
  • Garage Door Opener

Property Views

  • Las Vegas Strip
  • City
  • Mountain

Home Design

  • Custom Home
  • Frame Construction
  • Metal Roof
  • Stucco

Interior Spaces

  • 7,808 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Gas Fireplace
  • Double Pane Windows
  • Blinds
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Gas Dryer Hookup

Home Security

  • Security System Owned
  • Intercom

Eco-Friendly Details

  • Energy-Efficient Windows with Low Emissivity

Pool

  • Heated Infinity Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Built-In Barbecue

Schools

  • Goolsby Judy & John Elementary School
  • Fertitta Frank & Victoria Middle School
  • Durango High School

Utilities

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

Community Details

Overview

  • Association fees include management, recreation facilities, reserve fund, security
  • The Ridges Association, Phone Number (702) 791-4600
  • Built by CUSTOM
  • Summerlin Village 18 Parcel E Subdivision, Custom Floorplan
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Recreation Room

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,960

Year Built

Built in 2008

Lot Details

0

HOA Fees

$343 per month

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.4
  • Subdivision Name: SUMMERLIN VILLAGE 18 PARCEL E
  • Directions: FROM DESERT INN AND FLAMINGO, S ON FLAMINGO, W ON MARBLE RIDGE IN THE RIDGES, L ON HAWK RIDGE. LOCATED IN RED HAWK.
  • Architectural Style: Two Story, Custom
  • Carport Y N: No
  • Garage Yn: Yes
  • Efficiency: Windows
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 2008
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Association Fee 3 Frequency: Monthly
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 2008

Interior Features

  • Furnished: Unfurnished
  • Spa Features: In Ground, Outdoor Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Electric Oven, Convection Oven, Double Oven, Dishwasher, Electric Cooktop, Gas Cooktop, Disposal, Microwave, Refrigerator, Water Purifier, Wine Refrigerator
  • Other Equipment: Intercom
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Possible Bedrooms: 8
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Gas, Living Room, Primary Bedroom
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Marble
  • Interior Amenities: Bedroom on Main Level, Window Treatments, Central Vacuum
  • Living Area: 7808.0
  • Window Features: Blinds, Double Pane Windows, Low Emissivity Windows, Window Treatments

Exterior Features

  • Fencing: Back Yard, Wrought Iron
  • Lot Features: 1/4 to 1 Acre Lot, Back Yard, Drip Irrigation/Bubblers, Desert Landscaping, Sprinklers In Rear, Landscaped, Rocks
  • Pool Features: Heated, In Ground, Negative Edge, Private, Community
  • Pool Private: Yes
  • View: City, Mountain(s), Strip View
  • View: Yes
  • Disclosures: Covenants/Restrictions Disclosure
  • Builder Name: CUSTOM
  • Construction Type: Frame, Stucco, Drywall
  • Direction Faces: North
  • Exterior Features: Built-in Barbecue, Balcony, Barbecue, Patio, Private Yard, Sprinkler/Irrigation
  • Patio And Porch Features: Balcony, Covered, Patio
  • Property Condition: Excellent, Resale
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 4.0
  • Parking Features: Finished Garage, Garage Door Opener, Inside Entrance, Storage

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Main Level, Upper Level
  • Security: Security System Owned
  • 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

  • Community Features: Pool
  • Amenities: Fitness Center, Gated, Playground, Pool, Recreation Room, Guard, Spa/Hot Tub, Security
  • Association Fee: 300.0
  • Association Fee Frequency: Monthly
  • Association Name: THE RIDGES
  • Phone: 702-791-4600
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly
  • HOA Fee 3: 43.0

Fee Information

  • Association Fee Includes: Association Management, Recreation Facilities, Reserve Fund, Security

Schools

  • Elementary School: Goolsby Judy & John,Goolsby Judy & John
  • High School: Durango
  • Middle Or Junior School: Fertitta Frank & Victoria

Lot Info

  • Current Use: Residential
  • Horse Amenities: None
  • Lot Size Sq Ft: 17424.0
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 20960.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2014
Closed on
Apr 30, 2015
Sold by
Jillette Emily
Bought by
Jillette Penn
Seller's Agent
Ivan Sher
IS Luxury
Buyer's Agent
Zar Zanganeh
The Agency Las Vegas
List Price
$3,850,000
Sold Price
$3,300,000
Premium/Discount to List
-$550,000
-14.29%
Total Days on Market
192
Current Estimated Value
$6,620,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,320,493
Avg. Annual Appreciation
7.14%
Original Mortgage
$2,000,000
Outstanding Balance
$1,515,358
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,105,135

Purchase Details

Closed on
Dec 30, 2010
Sold by
Falcone Marc
Bought by
Falcone Marc and Haddock Stacy Elisabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2010
Sold by
Falcone Stacy
Bought by
Falcone Marc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2010
Sold by
The Endalkachew Mersha Separate Property
Bought by
Falcone Marc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2007
Sold by
Mersha Endalkachew and Tekabe Ruth
Bought by
Endalkachew Mersha Separate Property Tr and The Ruth Tekabe Separate Property Trust

Purchase Details

Closed on
Jul 15, 2005
Sold by
Bennington Brian T and Bennington Deborah L
Bought by
Mersha Endalkachew and Tekabe Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 23, 2004
Sold by
Howard Hughes Properties Inc
Bought by
Bennington Brian T and Bennington Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,625
Interest Rate
5.64%
Mortgage Type
Unknown
Source: Public Records

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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
Jillette Penn -- Ticor Title Las Vegas
Jillette Penn $3,300,000 Ticor Title Las Vegas
Falcone Marc -- None Available
Falcone Marc -- Lawyers Title Of Nevada Vil
Falcone Marc $2,600,000 Lawyers Title Of Nevada Vil
Endalkachew Mersha Separate Property Tr -- None Available
Mersha Endalkachew $720,000 Nevada Title Company
Bennington Brian T $502,500 Nevada Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jillette Penn $232,000
Open Jillette Penn $2,000,000
Previous Owner Falcone Marc $250,000
Previous Owner Falcone Marc $2,250,000
Previous Owner Falcone Marc $2,000,000
Previous Owner Falcone Marc $2,000,000
Previous Owner Mersha Endalkachew $2,100,000
Previous Owner Mersha Endalkachew $500,000
Previous Owner Bennington Brian T $326,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2015 04/30/15 Sold $3,300,000 -14.3% $423 / Sq Ft
03/31/2015 03/31/15 Pending -- -- --
09/19/2014 09/19/14 For Sale $3,850,000 -- $493 / 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 $27,336 $1,475,219 $490,000 $985,219
2024 $26,540 $1,475,219 $490,000 $985,219
2023 $26,540 $1,214,973 $350,000 $864,973
2022 $25,767 $1,040,785 $236,250 $804,535
2021 $25,017 $955,192 $192,500 $762,692
2020 $24,285 $945,251 $192,500 $752,751
2019 $23,578 $939,069 $192,500 $746,569
2018 $22,891 $895,341 $175,000 $720,341
2017 $26,470 $901,389 $175,000 $726,389
2016 $21,662 $884,524 $126,000 $758,524
2015 $21,632 $824,719 $56,700 $768,019
2014 $20,961 $800,939 $56,700 $744,239
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1481298

Las Vegas REALTORS®

APN: 164-14-411-002