NOT LISTED FOR SALE

Estimated Value: $1,607,560 - $2,119,000

3 Beds
3.5 Baths
2,913 Sq Ft
$2,659/mo HOA Fee

Last Sold September 12, 2014

Last sale price $1,150,000 $395 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $13,990/month

419 Days on Market

Highlights

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

About This Home

As of September 2014

BEAUTIFUL AND CLASSIC. TRADITIONAL DESIGN WITH WARM TONES THROUGHOUT. POPULAR "C" PLAN. CHERRYWOOD FLOORS, UNIQUE HAND PAINTED WALLS AND LEATHER UPHOLSTERED WALLS. OFFERED FURNISHED. PARK TOWERS IS A BOUTIQUE BUILDING WITH ONLY 84 UNITS. ONLY HIGH-RISE IN HOWARD HUGHES BUSINESS CENTER. MINUTES FROM STRIP AND AIRPORT, AND FINE DINING.

Last Listed By

Bonnie Miller

Award Realty License #S.0055350 Listed on: 06/19/2013

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,292

Year Built

  • Built in 2000

Lot Details

  • Property is in excellent condition

HOA Fees

  • $2,659 Monthly HOA Fees

Property Views

  • Las Vegas Strip
  • City
  • Mountain

Interior Spaces

  • 2,913 Sq Ft Home
  • Furnished
  • Wainscoting
  • Drapes & Rods
  • Great Room
  • Closed Circuit Camera

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Uncovered 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

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • Association fees include management, gas, reserve fund, trash, 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
  • 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

Pet Policy

  • Limit on the number of pets

Security

  • 24-Hour Security
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,292

Year Built

Built in 2000

Lot Details

0

HOA Fees

$2,659 per month

Listing Details

  • Prop. Type: Residential
  • Ownership: Condominium
  • Subdivision Name: PARK TOWERS AT HUGHES CENTER A
  • Directions: GO EAST FROM STRIP ON FLAMINGO. TURN LEFT ON HOWARD HUGHES PARKWAY, PASS LAWREYS RESTURANT, TURN LEFT INTO PARK TOWERS. VALET PARKING.
  • Architectural Style: High Rise
  • Building Name: PARK TOWERS
  • Entry Level: 5
  • Efficiency: Other
  • 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: Furnished
  • Private Spa: No
  • Appliances: Built-In Electric Oven, Dryer, Dishwasher, Gas Cooktop, Disposal, Refrigerator, Wine Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Great Room, Paneling/Wainscoting, Programmable Thermostat
  • Living Area: 2913.0
  • Stories: 20
  • Window Features: Drapes

Exterior Features

  • Pool Features: Community
  • Pool Private: No
  • View: City, Mountain(s), Strip View
  • View: Yes
  • Disclosures: Covenants/Restrictions Disclosure
  • Home Warranty: Yes
  • Builder Name: MOLASKY
  • Property Condition: Excellent, Resale

Garage/Parking

  • Parking Features: Assigned, Uncovered, 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
  • 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, Fitness Center, Barbecue, Pool, Spa/Hot Tub, Security, Storage, Tennis Court(s), Concierge, Media Room
  • Association Fee: 2659.0
  • Association Fee Frequency: Monthly
  • Association Name: PARK TOWERS
  • Phone: 702-938-7000
  • Association: Yes
  • Pets Allowed: Number Limit, Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Gas, Reserve Fund, Trash, Water

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: 13292.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2013
Closed on
Sep 10, 2014
Sold by
Tutor Saliba Corporation
Bought by
Katz Cary
Seller's Agent
Bonnie Miller
Award Realty
Buyer's Agent
Jerry Masini
Award Realty
List Price
$1,300,000
Sold Price
$1,150,000
Premium/Discount to List
-$150,000
-11.54%
Total Days on Market
419
Current Estimated Value
$1,850,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$700,187
Avg. Annual Appreciation
4.55%

Purchase Details

Closed on
Aug 26, 2008
Sold by
Tutor Saliba Corp
Bought by
Tutor Saliba Builders

Purchase Details

Closed on
Oct 17, 2005
Sold by
Weinberg Mark W
Bought by
Tutor Saliba Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,460,000
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 2005
Sold by
Weinberg Mark W
Bought by
Weinberg Mark W

Purchase Details

Closed on
Apr 25, 2002
Sold by
Levy Louis A
Bought by
Weinberg Mark W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7%

Purchase Details

Closed on
Apr 23, 2001
Sold by
Levy Louis Allan
Bought by
Levy Louis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Interest Rate
7.25%

Purchase Details

Closed on
Mar 29, 2001
Sold by
High Rise Jv Llc
Bought by
Levy Louis Allan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Interest Rate
7.25%

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
Katz Cary $1,150,000 Nevada Title Las Vegas
Tutor Saliba Builders -- Nevada Title Las Vegas
Tutor Saliba Corp $2,140,000 Title One
Weinberg Mark W -- --
Weinberg Mark W $1,260,000 Nevada Title Company
Levy Louis A -- --
Levy Louis Allan $990,000 Nevada Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tutor Saliba Corp $1,460,000
Previous Owner Weinberg Mark W $100,000
Previous Owner Weinberg Mark W $1,000,000
Previous Owner Weinberg Mark W $1,000,000
Previous Owner Levy Louis Allan $712,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2014 09/12/14 Sold $1,150,000 -11.5% $395 / Sq Ft
08/13/2014 08/13/14 Pending -- -- --
06/19/2013 06/19/13 For Sale $1,300,000 -- $446 / 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 $524,772 $150,604 $374,168
2024 $13,679 $524,772 $150,604 $374,168
2023 $13,679 $466,307 $127,444 $338,863
2022 $12,947 $441,349 $127,444 $313,905
2021 $12,462 $424,827 $122,346 $302,481
2020 $12,194 $420,747 $122,346 $298,401
2019 $11,428 $389,657 $117,248 $272,409
2018 $11,797 $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

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Map

Source: Las Vegas REALTORS®

MLS Number: 1356705

Las Vegas REALTORS®

APN: 162-16-814-022