NOT LISTED FOR SALE

Estimated Value: $6,880,000 - $13,802,312

1.32 Acres
$6,998,058 Price per Acre
57,499 Sq Ft Lot

Last Sold June 07, 2021

Last sale price $10,350,000

Est. 11% decrease in value since last sale

Current estimated payment $56,937/month

87 Days on Market

Highlights

  • Gated Community
  • Judy & John L. Goolsby Elementary School Rated A-
  • 1.32 Acre Lot

About This Lot

As of June 2021

The Summit Club is Las Vegas' most exclusive neighborhood. The Summit Club is an uber-luxurious residential community located in the neighborhood of Summerlin. Spread across 555 acres of stunning desert landscape, The Summit Club is a members-only residential community featuring a Tom Fazio designed golf course, unique wellness and recreation programs, and 260 residences.

Last Agent to Sell the Property

Dale Ray Akridge

Summit Club Realty, LLC License #BS.1002454 Listed on: 02/09/2021

Last Buyer's Agent

Ivan Sher

IS Luxury License #BS.0046822

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $61,089

Lot Details

  • 1.32 Acre Lot

HOA Fees

  • $1,680 Monthly HOA Fees

Utilities

  • Underground Utilities
  • Not Connected to Water Source
  • Not Connected to Sewer

Community Details

Overview

  • Summit Comm Assoc Association, Phone Number (702) 791-4600
  • Summerlin Village 17 Phase 3 Amd Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$61,089

Lot Details

0

HOA Fees

$1,680 per month

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 1.32
  • Road Surface Type: Paved
  • Subdivision Name: Summerlin Village 17 Phase 3 Amd
  • Directions: 215 EXIT TOWN CENTER(S), CROSS OVER FLAMINGO, TOWN CENTER (S) PRIVATE COMM. TO GUARD GATE
  • ResoPropertyType: Land
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Utilities

  • Security: Gated Community
  • Electric: Underground
  • Sewer: Not Connected (at lot), Public Sewer
  • Water Source: Not Connected (at lot), Public

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 1680.0
  • Association Fee Frequency: Monthly
  • Association Name: Summit Comm Assoc
  • Phone: 702-791-4600
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Schools

Lot Info

  • Lot Size Sq Ft: 57499.0
  • Additional Parcels Description: ---
  • Zoning Description: Planned Unit Development,Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 61089.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2024
Sold by
Stardust Point Llc
Bought by
Tnmnc Llc
Current Estimated Value
$9,237,437

Purchase Details

Listed on
Feb 9, 2021
Closed on
Jun 3, 2021
Sold by
Willey Frank P and Willey Karen L
Bought by
Stardust Point Llc
Seller's Agent
Dale Ray Akridge
Summit Club Realty, LLC
Buyer's Agent
Ivan Sher
IS Luxury
List Price
$9,000,000
Sold Price
$10,350,000
Premium/Discount to List
$1,350,000
15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.55%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tnmnc Llc $13,200,000 First American Title
Stardust Point Llc $10,350,000 Chicago Title Las Vegas
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2021 06/07/21 Sold $10,350,000 +15.0% --
05/08/2021 05/08/21 Pending -- -- --
02/09/2021 02/09/21 For Sale $9,000,000 -- --
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 $82,879 $4,522,455 $4,522,000 $455
2024 $76,741 $4,522,455 $4,522,000 $455
2023 $76,741 $3,570,453 $3,570,000 $453
2022 $71,056 $3,570,412 $3,570,000 $412
2021 $65,793 $2,261,387 $2,261,000 $387
2020 $61,089 $2,082,873 $2,082,500 $373
Source: Public Records

Agents Affiliated with this Home

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Source: Las Vegas REALTORS®

MLS Number: 2268898

Las Vegas REALTORS®

APN: 164-23-618-001