NOT LISTED FOR SALE

Estimated Value: $871,000 - $4,864,000

4 Beds
5.5 Baths
4,903 Sq Ft
$3,672/mo HOA Fee

Last Sold June 08, 2015

Last sale price $2,700,000 $551 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $22,072/month

151 Days on Market

Highlights

  • Concierge
  • View of Las Vegas Strip
  • Marble Flooring
  • Fitness Center
  • Theater or Screening Room
  • Outdoor Fireplace

About This Home

As of June 2015

HIGHLY UPGRADED, EXTREMELY ELEGANT, TRADITIONAL STYLE PENTHOUSE UNIT. OVER 180 DEGREE VIEWS OF NORTH STRIP, CITY, AND MOUNTAINS. VENETIAN PLASTER WALLS IN ENTIRE ENTRY AREA. GEORGEOUS HARDWOOD FLOORS. 2 FIREPLACES. OFFERED FURNISHED. INTERIOR DECORATOR PERFECT. IMMACULATE. BARELY LIVED IN. BEST PRICED 4903 SQ. FT. UNIT!! A MUST SEE!!

Last Agent to Sell the Property

Bonnie Miller

Award Realty License #S.0055350 Listed on: 12/08/2014

Last Buyer's Agent

Anthony Phillips

Luxury Real Estate Advisors License #S.0168880

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,696

Year Built

  • Built in 2000

Lot Details

  • 0.39

HOA Fees

  • $3,672 Monthly HOA Fees

Property Views

  • Las Vegas Strip
  • City
  • Mountain

Home Design

  • Entry on the 10th floor

Interior Spaces

  • 4,903 Sq Ft Home
  • Partially Furnished
  • Gas Fireplace
  • Tinted Windows
  • Window Treatments
  • Great Room
  • Living Room with Fireplace
  • Closed Circuit Camera

Kitchen

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

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Covered Parking
  • Assigned Parking

Schools

  • Darnell Marshall C Elementary School
  • Orr William E. Middle School
  • Valley High School

Utilities

  • Cooling Available
  • Heating Available
  • Programmable Thermostat
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows
  • Outdoor Fireplace
  • Property is in very good condition

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • Association fees include clubhouse, ground maintenance
  • Park Towers Association, Phone Number (702) 938-7000
  • High-Rise Condominium
  • Built by MOLASKY
  • Park Towers At Hughes Center A Subdivision
  • Car Wash Area

Amenities

  • Concierge
  • Valet Parking
  • Community Barbecue Grill
  • Theater or Screening Room
  • Business Center
  • Community Storage Space

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Limit on the number of pets

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$21,696

Year Built

Built in 2000

Lot Details

0

HOA Fees

$3,672 per month

Listing Details

  • Prop. Type: Residential
  • Ownership: Condominium
  • Subdivision Name: PARK TOWERS AT HUGHES CENTER A
  • Directions: GO EAST FROM STRIP ON FLAMINGO TO HOWARD HUGHES PARKWAY. TURN LEFT. PASS LAWRYS RESTURANT AND TURN LEFT INTO PARK TOWERS. VALET PARK. NON-TIPPING BUILDING.
  • Architectural Style: High Rise
  • Building Name: PARK TOWERS
  • Entry Level: 10
  • Efficiency: Windows
  • Structure Type: High Rise
  • Year Built Details: RESALE
  • Year Built: 2000
  • ResoPropertyType: Residential
  • Association Fee 3 Frequency: Monthly
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Year Built: 2000

Interior Features

  • Furnished: Partially
  • Private Spa: No
  • Appliances: Built-In Electric Oven, Dryer, Dishwasher, Gas Cooktop, Disposal, Microwave, Refrigerator, Wine Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas, Living Room, Outside
  • Fireplace: Yes
  • Flooring: Hardwood, Marble
  • Interior Amenities: Great Room, Window Treatments, Programmable Thermostat
  • Living Area: 4903.0
  • Window Features: Tinted Windows, Window Treatments

Exterior Features

  • Pool Features: Community
  • Pool Private: No
  • View: City, Mountain(s), Strip View
  • View: Yes
  • Home Warranty: Yes
  • Builder Name: MOLASKY
  • Property Condition: Resale, Very Good Condition

Garage/Parking

  • Parking Features: Assigned, Covered, Indoor, Valet
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: Electric Dryer Hookup, Laundry Room
  • Security: Closed Circuit Camera(s), Floor Access Control
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Business Center, Car Wash Area, Fitness Center, Media Room, Barbecue, Pool, Spa/Hot Tub, Storage, Tennis Court(s), Concierge
  • Association Name: PARK TOWERS
  • Phone: 702-938-7000
  • Association: Yes
  • Pets Allowed: Number Limit, Yes
  • HOA Fee 3: 3672.0

Fee Information

  • Association Fee Includes: Clubhouse, Maintenance Grounds

Schools

  • Elementary School: Darnell Marshall C,Darnell Marshall C
  • High School: Valley
  • Middle Or Junior School: Orr William E.

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 21696.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2014
Closed on
Jun 1, 2015
Sold by
Pratt Brian and Pratt Barbara
Bought by
Imhoff W Joseph
Seller's Agent
Bonnie Miller
Award Realty
Buyer's Agent
Anthony Phillips
Luxury Real Estate Advisors
List Price
$2,950,000
Sold Price
$2,700,000
Premium/Discount to List
-$250,000
-8.47%
Current Estimated Value
$3,080,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,726
Avg. Annual Appreciation
4.57%

Purchase Details

Closed on
Feb 1, 2008
Sold by
Strasser Steven
Bought by
Pratt Brian and Pratt Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
5.64%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 14, 2006
Sold by
Strasser Steven
Bought by
Strasser Steven

Purchase Details

Closed on
Jul 15, 2003
Sold by
High Rise Jv Llc
Bought by
Strasser Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,615,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
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
Imhoff W Joseph $2,700,000 Ticor Title Las Vegas
Pratt Brian $5,000,000 First Amer Title Co Of Nv
Strasser Steven -- None Available
Strasser Steve $2,350,000 Nevada Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pratt Brian $2,500,000
Previous Owner Strasser Steve $1,960,000
Previous Owner Strasser Steven $300,000
Previous Owner Strasser Steve $1,615,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2015 06/08/15 Sold $2,700,000 -8.5% $551 / Sq Ft
05/09/2015 05/09/15 Pending -- -- --
12/08/2014 12/08/14 For Sale $2,950,000 -- $602 / 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 $25,574 $886,819 $270,843 $615,976
2024 $24,829 $886,819 $270,843 $615,976
2023 $24,829 $886,494 $328,309 $558,185
2022 $24,106 $844,782 $328,309 $516,473
2021 $23,404 $809,094 $311,148 $497,946
2020 $22,719 $802,207 $311,148 $491,059
2019 $22,058 $752,106 $293,988 $458,118
2018 $22,424 $764,610 $276,827 $487,783
2017 $21,963 $748,875 $251,087 $497,788
2016 $21,997 $749,687 $251,087 $498,600
2015 $22,000 $739,342 $251,087 $488,255
2014 $21,696 $762,433 $251,087 $511,346
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1500834

Las Vegas REALTORS®

APN: 162-16-814-050