NOT LISTED FOR SALE

Park Towers at Hughes Center 1 Hughes Center Dr Unit 207 Las Vegas, NV 89169

The Strip Neighborhood

Estimated Value: $1,651,000 - $2,210,000

3 Beds
3.5 Baths
2,913 Sq Ft
$632/Sq Ft Est. Value

Last Sold March 18, 2020

Last sale price $1,625,000 $558 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $13,837/month

76 Days on Market

Highlights

  • Concierge
  • 24-Hour Security
  • Theater or Screening Room
  • Fitness Center
  • Gated Community
  • Wood Flooring

About This Home

As of March 2020

Stunning one-of-a-kind garden unit has an expansive wraparound terrace with rose gardens and plenty of natural light. Luxurious finishes include solid hardwood floors, marble baths, crown molding, exquisite built-ins and floor-to-ceiling windows throughout. Access to the pool, spa, tennis and gym is just steps from your back door.

Last Agent to Sell the Property

Ivan Sher

IS Luxury License #BS.0046822 Listed on: 12/02/2019

Last Buyer's Agent

Ivan Sher

IS Luxury License #BS.0046822 Listed on: 12/02/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,186

Year Built

  • Built in 2000

Lot Details

  • Property is in excellent condition

HOA Fees

  • $2,924 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Interior Spaces

  • 2,913 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Drapes & Rods
  • Park or Greenbelt Views
  • Home Security System

Kitchen

  • Double Oven
  • Built-In Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Courtyard
  • Enclosed Patio or Porch
  • Terrace

Schools

  • Paradise Elementary School
  • Orr William E. Middle School
  • Valley High School

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Gas
  • Cable TV Available

Community Details

Overview

  • Association fees include management, reserve fund, sewer, security, water
  • Park Towers Association, Phone Number (702) 938-7000
  • High-Rise Condominium
  • Built by Molasky
  • Park Towers At Hughes Center A Subdivision
  • The community has rules related to covenants, conditions, and restrictions
  • Car Wash Area
  • 20-Story Property

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

Security

  • 24-Hour Security
  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,186

Year Built

Built in 2000

Lot Details

0

HOA Fees

$2,924 per month

Listing Details

  • Prop. Type: Residential
  • Subdivision Name: PARK TOWERS AT HUGHES CENTER A
  • Directions: East on Flamingo Rd from Las Vegas Blvd., Left on Howard Hughes Pkwy, Left into Park Towers to Valet. - Non Tipping Building
  • Architectural Style: High Rise
  • Building Name: PARK TOWERS
  • Entry Level: 2
  • Structure Type: High Rise
  • Year Built Details: RESALE
  • Year Built: 2000
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Year Built: 2000

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Built-In Electric Oven, Double Oven, Dishwasher, Gas Cooktop, Disposal, Microwave, Refrigerator, Stainless Steel Appliance(s), Wine Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Hardwood, Stone
  • Interior Amenities: Ceiling Fan(s), Window Treatments
  • Stories: 20
  • Window Features: Blinds, Drapes

Exterior Features

  • Pool Features: Association
  • Pool Private: No
  • View: Park/Greenbelt
  • View: Yes
  • Disclosures: Covenants/Restrictions Disclosure
  • Home Warranty: No
  • Builder Name: Molasky
  • Exterior Features: Courtyard
  • Patio And Porch Features: Enclosed, Patio, Terrace
  • Property Condition: Excellent, Resale

Garage/Parking

  • Parking Features: Assigned, Underground, One Space, Valet
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: Gas Dryer Hookup, Laundry Room
  • Security: Closed Circuit Camera(s), Floor Access Control, 24 Hour Security, Security Guard, Security System
  • Cooling: Electric, 1 Unit
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Utilities: Cable Available

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Business Center, Car Wash Area, Fitness Center, Gated, Media Room, Barbecue, Pool, Guard, Spa/Hot Tub, Security, Storage, Tennis Court(s), Concierge
  • Association Fee: 2924.0
  • Association Fee Frequency: Monthly
  • Association Name: Park Towers
  • Phone: 702-938-7000
  • Association: Yes
  • Pets Allowed: Number Limit, Size Limit, Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Reserve Fund, Sewer, Security, Water

Schools

  • Elementary School: Paradise,Paradise
  • High School: Valley
  • Middle Or Junior School: Orr William E.

Lot Info

  • Additional Parcels Description: ---
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8186.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2019
Closed on
Mar 17, 2020
Sold by
Frissora Mark P and The Mark P Frissora Revocable
Bought by
Li Yingru and The Yl Family Trust
Seller's Agent
Ivan Sher
IS Luxury
Buyer's Agent
Ivan Sher
IS Luxury
List Price
$1,850,000
Sold Price
$1,625,000
Premium/Discount to List
-$225,000
-12.16%
Current Estimated Value
$1,842,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,466
Avg. Annual Appreciation
2.26%

Purchase Details

Closed on
Oct 16, 2018
Sold by
Schwartz Dominique
Bought by
Frissora Mark P and The Mark P Frissora Revocable Trust

Purchase Details

Listed on
Sep 2, 2017
Closed on
Jun 25, 2018
Sold by
Worthington Richard S
Bought by
Frissora Mark P and The Mark P Frissora Revocable Trust
Seller's Agent
Kristen Routh Silberman
Douglas Elliman of Nevada LLC
Buyer's Agent
Jerry Masini
Award Realty
List Price
$1,895,000
Sold Price
$1,640,000
Premium/Discount to List
-$255,000
-13.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.58%

Purchase Details

Closed on
May 20, 2008
Sold by
Worthington Richard S
Bought by
Worthington Richard S and Richard S Worthington Separate Property

Purchase Details

Closed on
Jun 7, 2005
Sold by
Worthington Richard S and Worthington Jennifer K
Bought by
Worthington Richard S

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
5.58%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 5, 2001
Sold by
High Rise Jv Llc
Bought by
Worthington Richard S and Worthington Jennifer K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
6.87%

Purchase Details

Closed on
Apr 18, 2001
Sold by
High Rise Jv Llc
Bought by
Molasky Beth Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
6.87%
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
Li Yingru $1,625,000 Chicago Title Las Vegas
Frissora Mark P $8,200,000 None Available
Frissora Mark P $1,640,000 First American Title Insu
Worthington Richard S -- None Available
Worthington Richard S -- Fidelity National Title
Worthington Richard S $800,000 Nevada Title Company
Molasky Beth Ellen $1,020,000 Nevada Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nevada Titke Company $2,600,000
Previous Owner Worthington Richard S $1,000,000
Previous Owner Worthington Richard S $500,000
Previous Owner Worthington Richard S $470,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2020 03/18/20 Sold $1,625,000 -12.2% $558 / Sq Ft
02/17/2020 02/17/20 Pending -- -- --
12/02/2019 12/02/19 For Sale $1,850,000 +12.8% $635 / Sq Ft
07/05/2018 07/05/18 Sold $1,640,000 -13.5% $563 / Sq Ft
06/05/2018 06/05/18 Pending -- -- --
09/02/2017 09/02/17 For Sale $1,895,000 -- $651 / 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 $10,485 $521,272 $147,104 $374,168
2024 $10,181 $521,272 $147,104 $374,168
2023 $10,181 $466,307 $127,444 $338,863
2022 $9,885 $441,349 $127,444 $313,905
2021 $9,453 $424,827 $122,346 $302,481
2020 $9,175 $420,747 $122,346 $298,401
2019 $8,908 $389,657 $117,248 $272,409
2018 $8,648 $402,258 $112,151 $290,107
2017 $11,674 $398,053 $101,955 $296,098
2016 $8,186 $398,637 $101,955 $296,682
2015 $8,175 $410,481 $101,955 $308,526
2014 $7,937 $262,500 $101,955 $160,545
Source: Public Records

Agents Affiliated with this Home

  • Ivan Sher

    Seller's Agent in 2020

    Ivan Sher

    IS Luxury

    (702) 315-0223

    31 in this area

    662 Total Sales

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  • Kristen Routh Silberman

    Seller's Agent in 2018

    Kristen Routh Silberman

    Douglas Elliman of Nevada LLC

    (702) 467-7100

    5 in this area

    221 Total Sales

    Section Image
  • Jerry Masini

    Buyer's Agent in 2018

    Jerry Masini

    Award Realty

    (702) 873-7400

    31 in this area

    141 Total Sales

    Section Image
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About Park Towers at Hughes Center

Map

Source: Las Vegas REALTORS®

MLS Number: 2156702

Las Vegas REALTORS®

APN: 162-16-814-004

Nevada Clark County Las Vegas 89169 The Strip

1 Hughes Center Dr Unit 207, Las Vegas, NV

This home is located at 1 Hughes Center Dr Unit 207, Las Vegas, NV 89169 since 02 December 2019 and is currently estimated at $1,842,466, approximately $632 per square foot. This property was built in 2000. 1 Hughes Center Dr Unit 207 is a home located in Clark County with nearby schools including Paradise Elementary School, William E. Orr Middle School, and Valley High School.

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