$800,000
SOLD NOV 30, 2012

Park Towers at Hughes Center 1 Hughes Center Dr Unit 507 Las Vegas, NV 89169

The Strip Neighborhood
3 Beds
3.5 Baths
2,913 Sq Ft
$2,800/mo HOA Fee

Recently Sold

$275 Per Sq Ft

27% Below List Price

391 Days on Market

Highlights

  • Concierge
  • 24-Hour Security
  • View of Las Vegas Strip
  • Fitness Center
  • Gated Community
  • Theater or Screening Room

About This Home

As of October 2021

This unit has stunning Strip, City & Mtn Views. The unit was has just been painted and has many upgrades through out.It has 2 large balconys, Large open kitchen, Their are many amenities at Park Towers: Valet, Wine Cellar, Library, COnference room, Theater room, and many more.

Last Agent to Sell the Property

Ella Williams

First Class Realty & Property License #B.1001152 Listed on: 10/05/2011

Last Buyer's Agent

Bonnie Miller

Award Realty License #S.0055350

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,861

Year Built

  • Built in 2000

HOA Fees

  • $2,800 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Property Views

  • Las Vegas Strip
  • City
  • Mountain

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 2,913 Sq Ft Home
  • Ceiling Fan
  • Security System Owned

Kitchen

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

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Schools

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

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Gas
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows with Low Emissivity
  • Terrace
  • 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 management, clubhouse, common areas, ground maintenance, recreation facilities, taxes
  • Park Towers Association, Phone Number (702) 938-7000
  • High-Rise Condominium
  • Park Towers At Hughes Center A Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Concierge
  • Valet Parking
  • Community Barbecue Grill
  • Theater or Screening Room
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Security

  • 24-Hour Security
  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,861

Year Built

Built in 2000

Lot Details

0

HOA Fees

$2,800 per month

Listing Details

  • Prop. Type: Residential
  • Ownership: Condominium
  • Subdivision Name: PARK TOWERS AT HUGHES CENTER A
  • Directions: East on Flamingo from Las Vegas Blvd; Left on Howard Hughes Pkwy. 1st left into Park Towers
  • Architectural Style: High Rise
  • Building Name: PARK TOWERS
  • Entry Level: 5
  • Efficiency: Windows
  • Structure Type: High Rise
  • Year Built Details: RESALE
  • Year Built: 2000
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Year Built: 2000

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Built-In Electric Oven, Double Oven, Dishwasher, Gas Cooktop, Disposal, Microwave, Refrigerator, Wine Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Stone
  • Interior Amenities: Ceiling Fan(s)
  • Window Features: Low Emissivity Windows

Exterior Features

  • Pool Private: No
  • View: City, Mountain(s), Strip View
  • View: Yes
  • Disclosures: Covenants/Restrictions Disclosure
  • Home Warranty: Yes
  • Patio And Porch Features: Terrace
  • Property Condition: Resale, Very Good Condition

Garage/Parking

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

Utilities

  • Laundry Features: Electric Dryer Hookup, Laundry Room
  • Security: Closed Circuit Camera(s), Floor Access Control, 24 Hour Security, Prewired, Security System Owned, Security System
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Utilities: Cable Available, High Speed Internet Available

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Fitness Center, Gated, Barbecue, Pool, Guard, Concierge, Elevator(s), Media Room
  • Association Fee: 2800.0
  • 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, Clubhouse, Common Areas, Maintenance Grounds, Recreation Facilities, Taxes

Schools

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

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 13861.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2021
Closed on
Oct 7, 2021
Sold by
Feinstein Peter and Feinstein Bobbi
Bought by
Cooper Jeremy K and The Room For Activities Trust
Seller's Agent
Romy Ashjian
BHHS Nevada Properties
Buyer's Agent
Ed Hellmuth
Huntington & Ellis, A Real Est
List Price
$1,395,000
Sold Price
$1,300,000
Premium/Discount to List
-$95,000
-6.81%
Current Estimated Value
$1,923,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$623,884
Avg. Annual Appreciation
9.06%

Purchase Details

Listed on
Oct 5, 2011
Closed on
Nov 26, 2012
Sold by
Doumani Frederick M
Bought by
Feinstein Peter and Feinstein Bobbi
Seller's Agent
Ella Williams
First Class Realty & Property
Buyer's Agent
Bonnie Miller
Award Realty
List Price
$1,099,000
Sold Price
$800,000
Premium/Discount to List
-$299,000
-27.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.63%
Original Mortgage
$600,000
Interest Rate
3.36%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 1, 2011
Sold by
Robinson Marc
Bought by
C & F Family Trust

Purchase Details

Closed on
Dec 12, 2005
Sold by
Maloof Phillip J
Bought by
Robinson Marc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,378,125
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 23, 2001
Sold by
Hand Edward J and Whisman Jack P
Bought by
Maloof Phillip J

Purchase Details

Closed on
Apr 18, 2001
Sold by
High Rise Jv Llc
Bought by
Hand Edward J and Whisman Jack P
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 Type Sale Price Title Company
Bargain Sale Deed $1,300,000 Chicago Title Las Vegas
Bargain Sale Deed $800,000 Nevada Title Las Vegas
Trustee Deed $567,000 None Available
Bargain Sale Deed $1,837,500 Title One
Bargain Sale Deed $1,250,000 United Title
Bargain Sale Deed $1,065,000 Nevada Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $780,000 New Conventional
Previous Owner $1,140,000 Adjustable Rate Mortgage/ARM
Previous Owner $920,000 New Conventional
Previous Owner $862,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $600,000 Unknown
Previous Owner $0 Unknown
Previous Owner $1,426,750 Unknown
Previous Owner $1,378,125 Negative Amortization
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2021 10/12/21 Sold $1,300,000 -6.8% $446 / Sq Ft
09/12/2021 09/12/21 Pending -- -- --
09/05/2021 09/05/21 For Sale $1,395,000 +74.4% $479 / Sq Ft
11/30/2012 11/30/12 Sold $800,000 -27.2% $275 / Sq Ft
10/31/2012 10/31/12 Pending -- -- --
10/05/2011 10/05/11 For Sale $1,099,000 -- $377 / 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 $12,291 $545,351 $171,183 $374,168
2024 $13,335 $545,351 $171,183 $374,168
2023 $13,679 $466,307 $127,444 $338,863
2022 $12,947 $441,349 $127,444 $313,905
2021 $12,127 $424,827 $122,346 $302,481
2020 $11,771 $420,747 $122,346 $298,401
2019 $11,428 $389,657 $117,248 $272,409
2018 $11,780 $402,258 $112,151 $290,107
2017 $11,674 $398,053 $101,955 $296,098
2016 $11,148 $398,637 $101,955 $296,682
2015 $11,132 $410,481 $101,955 $308,526
2014 $10,786 $356,843 $101,955 $254,888
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Romy Ashjian

    BHHS Nevada Properties

    (949) 922-6207

    6 in this area

    7 Total Sales

    Romy Ashjian
    Section Image

  • E

    Buyer's Agent in 2021

    Ed Hellmuth

    Huntington & Ellis, A Real Est

    (702) 281-5373

    1 in this area

    45 Total Sales

    Ed Hellmuth
    Section Image

  • E

    Seller's Agent in 2012

    Ella Williams

    First Class Realty & Property

    (702) 283-8400

    29 Total Sales

    Ella Williams
    Section Image

  • B

    Buyer's Agent in 2012

    Bonnie Miller

    Award Realty

See All Agents

About Park Towers at Hughes Center

Map

Source: Las Vegas REALTORS®

MLS Number: 1191557

Las Vegas REALTORS®

APN: 162-16-814-028

Nevada Clark County Las Vegas 89169 The Strip

1 Hughes Center Dr Unit 507, Las Vegas, NV

This home is located at 1 Hughes Center Dr Unit 507, Las Vegas, NV 89169 and is currently priced at $800,000, approximately $274 per square foot. This property was built in 2000. 1 Hughes Center Dr Unit 507 is a home located in Clark County with nearby schools including Paradise Elementary School, William E. Orr Middle School, and Valley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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