NOT LISTED FOR SALE

Estimated Value: $525,000 - $890,000

1.34 Acres
$527,985 Price per Acre
58,370 Sq Ft Lot

Last Sold November 15, 2023

Last sale price $400,000

Est. 77% increase in value since last sale

Current estimated payment $3,734/month

125 Days on Market

Highlights

  • 1.34 Acre Lot
  • No HOA
  • Cul-De-Sac

About This Lot

As of November 2023

OUTSTANDING VIEWS!!! 180 degree views of the city and views of the mountains. No HOA. Major development surround the property and in this area. Completed Survey and Slope Analysis indicate 1.1 acres net approved to RS-2, 2 units per acre and could get variance to allow for 3 units per acre. Great opportunity to build your dream custom home with spectacular sweeping views.

Last Agent to Sell the Property

Julie Bobson

Commercial West Brokers Brokerage Phone: 702-289-7007 License #B.0042276 Listed on: 07/12/2023

Last Buyer's Agent

Admin Assistant

NON-MLS OFFICE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $315

Lot Details

  • 1.34 Acre Lot
  • Dirt Road
  • Cul-De-Sac

Utilities

  • Water Not Available
  • Sewer Not Available

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$315

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 1.34
  • Road Surface Type: Dirt
  • Directions: From W. Horizon Ridge Pkwy and Gibson, South to Aurora then left to Palisades View Drive. Follow East to the first paved cul-de-sac on the right, Continue South as its all paved to reach the site on the West side of the street look for signage.
  • ResoPropertyType: Land
  • Attribution Contact: 702-289-7007
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Cul-De-Sac
  • Disclosures: Principal is Real Estate Licensed

Utilities

  • Electric: None
  • Sewer: Not Connected (nearby), None
  • Utilities: Electricity Available, Sewer Not Available, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Association: No

Schools

Lot Info

  • Additional Parcels Description: ---
  • Zoning Description: Family-1/2-2 Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 315.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2025
Sold by
Hughbanks Properties Xxvi Llc
Bought by
Hughbanks Properties Xxii Llc
Current Estimated Value
$707,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,050,000
Outstanding Balance
$5,023,950
Interest Rate
6.83%
Mortgage Type
Construction
Estimated Equity
-$4,316,450

Purchase Details

Listed on
Jul 12, 2023
Closed on
Nov 9, 2023
Sold by
William E Berning Living Trust
Bought by
Hughbanks Properties Xxvi Llc
Seller's Agent
Julie Bobson
Commercial West Brokers
Buyer's Agent
Admin Assistant
NON-MLS OFFICE
List Price
$475,000
Sold Price
$400,000
Premium/Discount to List
-$75,000
-15.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.54%
Original Mortgage
$200,000
Interest Rate
7.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2016
Sold by
Berning William E
Bought by
The William E Berning Living Tr

Purchase Details

Closed on
Aug 13, 2007
Sold by
Hicks Jeffrey Scott and Rippens Paul
Bought by
Hicks Jeffrey Scott and Rippens Paul

Purchase Details

Closed on
Jun 14, 2002
Sold by
Luna Lawrence W
Bought by
Berning William E and Hicks Jeffrey Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.86%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hughbanks Properties Xxii Llc -- Fidelity National Title
Hughbanks Properties Xxvi Llc $400,000 Equity Title
The William E Berning Living Tr -- None Available
Hicks Jeffrey Scott -- Accommodation
Berning William E $90,000 Pioneer National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hughbanks Properties Xxii Llc $5,050,000
Previous Owner Hughbanks Properties Xxvi Llc $200,000
Previous Owner Berning William E $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2023 11/15/23 Sold $400,000 -15.8% --
07/12/2023 07/12/23 For Sale $475,000 -- --
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 $458 $117,250 $117,250 --
2024 $425 $117,250 $117,250 --
2023 $283 $117,250 $117,250 $0
2022 $394 $117,250 $117,250 $0
2021 $365 $58,625 $58,625 $0
2020 $336 $51,590 $51,590 $0
2019 $315 $51,590 $51,590 $0
2018 $300 $46,900 $46,900 $0
2017 $1,088 $37,520 $37,520 $0
2016 $283 $11,725 $11,725 $0
2015 $280 $9,380 $9,380 $0
2014 $272 $9,380 $9,380 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Las Vegas REALTORS®

MLS Number: 2510646

Las Vegas REALTORS®

APN: 178-23-401-008