Call Las Vegas Realtor Jeff Mix at 702-510-9625.
This is a CMA prepared for the home located at 1617 Cimarron Crest Ave Las Vegas NV in Arbor Grove in Summerlin. The average sales price over the last 90 days have been between 155,000 and 167,5000 and 91 to 98 per ft.
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Comparable sales report on 1617 Cimarron crest st las vegas nv 89144 in arbor ridge summerlin
1. Please find attached a comparable sales report on this home in Las Vegas. The Las Vegas Real Estate
market is always changing so home buyers need to have an experienced Las Vegas Realtor.
The market has now become so busy and competitive that what closed even 3 months ago is irrelevant.
If you’re looking to purchase a home in Las Vegas, you also need to be aware that the majority of homes
that close escrow, sell at or above the list price. This is why you need to have a Las Vegas Realtor that
will take the time to show you what has sold. Some properties are overpriced and some are grossly
underpriced. It is usually a case by case basis on these homes in Las Vegas.
These comparable sales reports are prepared for buyers we are working with or for home sellers looking
to list their home either as a Las Vegas Short Sale or a traditional sale. A traditional sale, also referred to
lately as an equity sale is roughly half of the current market. I also feature market updates on active
inventory on my Las Vegas Homes twitter page regularly so follow me here!
We have our own YouTube channel set up with extensive video tours of Las Vegas HUD Homes. Las
Vegas HUD homes are properties that were originally purchased with an FHA loan. Once the property
was foreclosed on by the lender, then it becomes a HUD home.
Sellers have some choices to make as well. The majority of homeowners who owe more on their home
than it’s worth may consider a short sale. A short sale in Las Vegas allows a homeowner to sell their
home for market value and the lender to accept a short payoff. Hence a short sale. These can be a
lengthy process and on average take 2 to 4 months to close. The Mix Merced team has closed more than
100 short sale transactions and our experience can help you.
Please call Las Vegas Realtor Jeff Mix at 702-510-9625 if you are considering buying or selling Las Vegas
Real Estate.
2. Residential Comparative Market Summary
ML# / Status #Beds Baths LivArea YrBlt PROP Bldg Desc List Price Sale Price DOM
1220862 S 3 2 /0 /1 1708 1999 SFR 2STORY $169,500 $167,500 14
1716 REMEMBRANCE HILL ST Repo/REO: Y ShortSale: N #Grg/Cpt: 2/0 Pool: Y Spa: N Sold: 04/19/12
1214126 S 3 2 /0 /1 1708 1999 SFR 2STORY $164,200 $156,000 63
10529 JEREMY POINTE AV Repo/REO: N ShortSale: N #Grg/Cpt: 2/0 Pool: N Spa: N Sold: 03/23/12
1237764 S 3 2 /0 /1 1576 1999 SFR 2STORY $148,000 $155,000 8
1801 DRIFTERS PEAK ST Repo/REO: Y ShortSale: N #Grg/Cpt: 2/0 Pool: N Spa: N Sold: 05/03/12
Total Listings: 3 Living Area SF List Price Sale Price DOM SP/SqFt
Average: 1664 $160,567 $159,500 28 $96
Minimum: 1576 $148,000 $155,000 8 $91
Maximum: 1708 $169,500 $167,500 63 $98
Median: 1708 $164,200 $156,000 14 $98
These properties are your competition. A potential purchaser will compare your home to homes similar to these
when trying to decide which to buy. Take a look at these homes, if only on paper. Try to be objective and ask
yourself, "Which home is the best value?" Is it yours? If not, these other homes may sell before yours. But don't
forget that the "List Prices" of these homes represent what the sellers WANT for their home, not necessarily what
they are really going to get if they sell their home. So when setting the price of your home, don't simply look at the
LIST PRICE of the other comparable homes, look at the SALE PRICE of comparable homes to yours that actually
SOLD!
** All Data Accuracy Has Not Been Verified And Is Not Guaranteed ** 06/20/12
3. Comparative Homes
1716 REMEMBRANCE HILL ST 10529 JEREMY POINTE AV 1801 DRIFTERS PEAK ST
Ref # 1220862 1214126 1237764
Status S S S
Property Subtype SFR SFR SFR
County Clark County Clark County Clark County
Subdivision ARBOR GROVE UNIT 2 ARBOR GROVE UNIT 3 ARBOR GROVE UNIT 2
Community Name Summerlin Summerlin Summerlin Hills
BldgDesc Two Story Two Story Two Story
PropDesc
SqFt 1,708 1,708 1,576
Year Built 1999 1999 1999
Repo/REO Y N Y
Short Sale N N N
Bedrooms 3 3 3
Full Baths 2 2 2
3/4 Baths 0 0 0
Half Baths 1 1 1
Bed/Bath Down? 1/2 1/2 1/2
Flooring Carpet, Linoleum/Vinyl Concrete Carpet, Tile
# Fireplaces 1 / Gas 1 / Gas 1 / Gas
Interior Desc None Blinds, Ceiling Fan(s) Blinds
# Garages/Desc 2 / Attached 2 / Attached 2 / Attached
# Carport/Desc 0 0 0
Construction Frame & Stucco Frame & Stucco Frame & Stucco
Roof Tile Like Tile Like Pitched, Tile Like
Exterior Desc Patio Porch, Covered Patio Back Yard Access, Private Yard
Lot SqFt 5,663 5,254 5,227
Lot Desc Under 1/4 Acre Under 1/4 Acre Under 1/4 Acre
Fence Desc Backyard Full Fenced, Block Backyard Full Fenced, Block Backyard Full Fenced, Block
Private Pool Y / Inground-Private N N
Private Spa N N N
Heating Central Central Central
Heating Fuel Gas Gas Gas
Cooling Central Central Central
Sewer Public Public Public
Water Public Public Public
Energy Desc None Dual Pane Windows Dual Pane Windows
Utilities Underground Utilities Underground Utilities Cable TV Wired, Underground Utilities
Accept/Date 02/08/12 03/05/12 04/03/12
Close Date 04/19/12 03/23/12 05/03/12
Orig List Price $ 169,500 $ 167,500 $ 148,000
List Price $ 169,500 $ 164,200 $ 148,000
Sold Price $ 167,500 $ 156,000 $ 155,000
List Price/SqFt $ 99.24 $ 96.14 $ 93.91
Sale Price/SqFt $ 98.07 $ 91.33 $ 98.35
SP/LP Ratio 98.82% 95.01% 104.73%
** GLVAR Deems Information Reliable, But Not Guaranteed ** 06/20/12 3:53 PM
4. Presented by: Jeffrey Mix
A Property for Your Consideration . . . Orange Realty Group LLC
jeff@lvshortsales.com
Phone: 702-617-0000
Fax: 888-711-1778
Agent: 702-510-9625
Clark County 1716 REMEMBRANCE HILL ST $ 169,500
Virtual Tour: http://www.propertypanorama.com/mls.asp?id=173942
Ref #: 1220862 Status: S
Subdivision:
ARBOR GROVE UNIT 2
Short Sale: N
Foreclosure Commenced: N
Repo/REO: Y
Bedrooms: 3
Full Baths: 2
3/4 Baths: 0
Half Baths: 1
#Den/Oth: 0
#Loft: 1
SqFt: 1,708 Click here for map view
Year Built: 1999 / Resale
PropSubTyp: Single Family Residential
Lot Sqft: 5,663
PropDes:
Garages: 2 / Attached
Carports: 0
Want gorgeous views without huge lot fee? Well here it is!! Home has wash to right offering privacy
and an elevated lot with views of LV Strip!! Added bonus: inground pool, new carpet, new paint,
central vac system, utility sink and more!! Thanks for showing! Buyer to verify all information.
Property sold AS IS/No Repairs. Note: Pool will be clean & ready very soon!
Construction:
Frame & Stucco
Interior Features:
None
Exterior Features:
Patio
Private Pool/Description:
Y / Inground-Private
Lot Description:
Under 1/4 Acre
Directions; From Summerlin Pkwy & Anasazi; S on Anasazi, R on Banburry Cross, R on Arbor Park, R on Angel Alcove, around
to Remembrance, arrive on right
** GLVAR Deems Information Reliable, But Not Guaranteed ** 06/20/12 3:53 PM
5. Presented by: Jeffrey Mix
A Property for Your Consideration . . . Orange Realty Group LLC
jeff@lvshortsales.com
Phone: 702-617-0000
Fax: 888-711-1778
Agent: 702-510-9625
Clark County 10529 JEREMY POINTE AV $ 164,200
Virtual Tour: http://www.PropertyPanorama.com/mls.asp?id=172373
Ref #: 1214126 Status: S
Subdivision:
ARBOR GROVE UNIT 3
Short Sale: N
Foreclosure Commenced: N
Repo/REO: N
Bedrooms: 3
Full Baths: 2
3/4 Baths: 0
Half Baths: 1
#Den/Oth: 0
#Loft: 1
SqFt: 1,708 Click here for map view
Year Built: 1999 / Resale
PropSubTyp: Single Family Residential
Lot Sqft: 5,254
PropDes:
Garages: 2 / Attached, Auto Door Opener(s), Entry to House
Carports: 0
Beautiful Summerlin home- NOT a short sale or REO! Ready for quick close & move-in-ready!! This
large corner lot home w/ 3 bed/2.5 bath+Loft, features NEW paint inside & out, NEW carpet & tile
floors, NEW water htr. Separate living/family room w/ gas firepl . Kitchen w/ recessed lighting,
brkfast bar & includes all applicances. Backyard has covered patio, green grass, elevated sitting
area, fountain & waterscaping!
Construction:
Frame & Stucco
Interior Features:
Blinds, Ceiling Fan(s)
Exterior Features:
Porch, Covered Patio
Private Pool/Description:
N
Lot Description:
Under 1/4 Acre
Directions; From 215/Far Hills. E on Far Hills, L on Laurelglen, R on Banburry Cross, L on Arbor Park, R on Angel Alcove, to
Remembrance Hill, L on Jeremy Pointe
** GLVAR Deems Information Reliable, But Not Guaranteed ** 06/20/12 3:53 PM
6. Presented by: Jeffrey Mix
A Property for Your Consideration . . . Orange Realty Group LLC
jeff@lvshortsales.com
Phone: 702-617-0000
Fax: 888-711-1778
Agent: 702-510-9625
Clark County 1801 DRIFTERS PEAK ST $ 148,000
Virtual Tour:
Ref #: 1237764 Status: S
Subdivision:
ARBOR GROVE UNIT 2
Short Sale: N
Foreclosure Commenced: N
Repo/REO: Y
Bedrooms: 3
Full Baths: 2
3/4 Baths: 0
Half Baths: 1
#Den/Oth: 0
#Loft: 0
SqFt: 1,576 Click here for map view
Year Built: 1999 / Resale
PropSubTyp: Single Family Residential
Lot Sqft: 5,227
PropDes:
Garages: 2 / Attached, Auto Door Opener(s), Entry to House
Carports: 0
THIS HOME HAS BEEN REPAIRED AND IS BEING MAINTAINED. THIS IS NOT YOUR NORMAL
FORECLOSURE, THIS IS A FREDDIE MAC PREPARED HOME. LOOK AT THE PICTURES AND SEE THE
CONDITION. THE HOME SITS ON A CORNER LOT WITH GREAT CURB APPEAL. THERE IS NEW
PAINT AND NEW CARPET.
Construction:
Frame & Stucco
Interior Features:
Blinds
Exterior Features:
Back Yard Access, Private Yard
Private Pool/Description:
N
Lot Description:
Under 1/4 Acre
Directions; W ON SUMMERLIN PARKWAY, SOUTH ON ANASAZI, WEST ON BANBURRY CROSS, IMMEDIATE RT ON ARBOR PARK,
RT ANGEL COVE, LEFT REMEMBRANCE HILL, LFT ANGEL DREAMS, RT DRIFTERS PEAK
** GLVAR Deems Information Reliable, But Not Guaranteed ** 06/20/12 3:53 PM