NOT LISTED FOR SALE

Park Towers at Hughes Center 1 Hughes Center Dr Unit 601 Las Vegas, NV 89169

The Strip Neighborhood

Estimated Value: $1,053,000 - $1,543,000

2 Beds
2.5 Baths
2,055 Sq Ft
$589/Sq Ft Est. Value

Last Sold November 27, 2019

Last sale price $880,000 $428 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $7,338/month

Highlights

  • Valet Parking
  • Fitness Center
  • Gated Community
  • Golf Course Community
  • RV Gated
  • View of Las Vegas Strip

About This Home

As of February 2020

Park Tower offers endless Amenities Theater ,Outdoor Kitchen ,Valet, Concierge ,Spa Center, Tennis , Pool & Cabanas, Fitness & Business Center, , Wine Cellar and so much more. View of Strip, City, and Mountains. Minutes away from the Strip and airport. Walking distance to shopping centers and restaurants.

Last Agent to Rent the Property

Ivy Vo

Simply Vegas License #S.0058566 Listed on: 01/09/2020

Simply Vegas

Last Renter's Agent

Albert Hamika

Urban Nest Realty License #S.0176146

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,032

Year Built

  • Built in 2000

Lot Details

  • West Facing Home
  • Zero Lot Line

Parking

  • RV Gated

Property Views

  • Las Vegas Strip
  • City
  • Mountain

Interior Spaces

  • 2,055 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Tile Flooring

Kitchen

  • Built-In Gas Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry closet
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Covered patio or porch

Schools

  • Paradise Elementary School
  • West Prep Middle School
  • Valley High School

Utilities

  • Cooling System Powered By Gas
  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $5,400
  • Property Available on 1/8/20
  • Tenant pays for cable TV, electricity, gas
  • The owner pays for association fees
  • 12 Month Lease Term

Community Details

Overview

  • Property has a Home Owners Association
  • 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

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

Recreation

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

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,032

Year Built

Built in 2000

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Cable TV, Electricity, Gas
  • Available Date: 2020-01-08
  • Security Deposit: 5400.0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential Lease
  • Subdivision Name: PARK TOWERS AT HUGHES CENTER A
  • Directions: Flamingo to Hughes Center to Park Towers*
  • Architectural Style: High Rise
  • Building Name: PARK TOWERS
  • Carport Y N: No
  • Entry Level: 6
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Structure Type: High Rise
  • Year Built: 2000
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Built-In Gas Oven, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer/Dryer, Water Heater, Washer/DryerAllInOne, Washer
  • Owner Pays: Association Fees
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Tile
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Primary Downstairs, Window Treatments
  • Living Area: 2055.0
  • Window Features: Blinds, Window Treatments

Exterior Features

  • Fencing: None, RV Gate
  • Lot Features: Zero Lot Line
  • Pool Features: Community
  • Pool Private: No
  • View: City, Mountain(s), Strip View
  • View: Yes
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Other
  • Direction Faces: West
  • Exterior Features: Balcony, Patio
  • Patio And Porch Features: Balcony, Covered, Patio
  • Roof: Other

Garage/Parking

  • Parking Features: Assigned, Underground, One Space, Valet

Utilities

  • Laundry Features: Electric Dryer Hookup, Laundry Closet
  • Cooling: Central Air, Gas
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Business Center, Fitness Center, Golf Course, Gated, Media Room, Barbecue, Pool, Guard, Spa/Hot Tub, Security, Tennis Court(s)
  • Association: Park Towers
  • Association Name: Park Towers
  • Association Phone #2: 702-938-7000
  • Phone: 702-938-7000
  • Association: Yes
  • Pets Allowed: No

Schools

  • Elementary School: Paradise,Paradise
  • High School: Valley
  • Middle Or Junior School: West Prep

Lot Info

  • Additional Parcels Description: ---
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2019
Closed on
Nov 27, 2019
Sold by
Lowe Bryan A
Bought by
Phan Nina Nhi and The Thanhnhi Trust
Seller's Agent
Kristen Routh Silberman
Douglas Elliman of Nevada LLC
Buyer's Agent
Ivy Vo
Simply Vegas
List Price
$995,000
Sold Price
$880,000
Premium/Discount to List
-$115,000
-11.56%
Current Estimated Value
$1,202,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,756
Avg. Annual Appreciation
5.56%

Purchase Details

Listed on
Sep 26, 2015
Closed on
Jan 28, 2016
Sold by
Desimone Joseph M
Bought by
Mat Trust
Seller's Agent
Bonnie Miller
Award Realty
Buyer's Agent
Matewai Taiaroa-Balaban
Las Vegas Realty Center
List Price
$1,175,000
Sold Price
$1,100,000
Premium/Discount to List
-$75,000
-6.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.73%

Purchase Details

Listed on
Feb 28, 2012
Closed on
Oct 12, 2012
Sold by
Matson Larry E and Matson Joan
Bought by
Desimone Joseph M
Seller's Agent
Cristine Lefkowitz
BHHS Nevada Properties
Buyer's Agent
Randal Gibson
First Federal Realty
List Price
$1,199,000
Sold Price
$910,000
Premium/Discount to List
-$289,000
-24.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.88%
Original Mortgage
$637,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 29, 2006
Sold by
Matson Larry E and Matson Joan M
Bought by
Matson Larry E and Matson Joan

Purchase Details

Closed on
Aug 5, 2002
Sold by
Childers Greer
Bought by
Matson Larry E and Matson Joan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.25%

Purchase Details

Closed on
Apr 19, 2001
Sold by
High Rise Jv Llc
Bought by
Childers Greer

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
9.15%
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
Phan Nina Nhi $880,000 First American Title
Mat Trust $1,100,000 First American Title Insura
Desimone Joseph M $910,000 Nevada Title Las Vegas
Matson Larry E -- None Available
Matson Larry E $1,000,000 Nevada Title Company
Childers Greer $900,000 Nevada Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Desimone Joseph M $637,000
Previous Owner Matson Larry E $810,000
Previous Owner Matson Larry E $650,000
Previous Owner Childers Greer $500,000
Closed Matson Larry E $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2020 02/13/20 Rented $5,200 -3.7% --
01/14/2020 01/14/20 Under Contract -- -- --
01/09/2020 01/09/20 For Rent $5,400 0.0% --
11/27/2019 11/27/19 Sold $880,000 -11.6% $428 / Sq Ft
11/06/2019 11/06/19 For Sale $995,000 -9.5% $484 / Sq Ft
02/16/2016 02/16/16 Sold $1,100,000 -6.4% $535 / Sq Ft
01/17/2016 01/17/16 Pending -- -- --
09/26/2015 09/26/15 For Sale $1,175,000 +29.1% $572 / Sq Ft
10/23/2012 10/23/12 Sold $910,000 -24.1% $443 / Sq Ft
09/23/2012 09/23/12 Pending -- -- --
02/28/2012 02/28/12 For Sale $1,199,000 -- $583 / 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 $9,032 $385,979 $115,512 $270,467
2024 $9,973 $385,979 $115,512 $270,467
2023 $9,973 $334,765 $89,906 $244,859
2022 $9,444 $316,867 $89,906 $226,960
2021 $9,074 $304,922 $86,310 $218,612
2020 $8,595 $301,996 $86,310 $215,686
2019 $8,055 $274,661 $82,714 $191,947
2018 $8,294 $283,592 $79,118 $204,474
2017 $8,237 $280,855 $71,925 $208,930
2016 $7,850 $281,317 $71,925 $209,392
2015 $7,838 $304,832 $71,925 $232,907
2014 $7,610 $251,738 $71,925 $179,813
Source: Public Records

Agents Affiliated with this Home

  • Ivy Vo

    Landlord's Agent in 2020

    Ivy Vo

    Simply Vegas

    (702) 250-3355

    88 Total Sales

    Section Image

  • A

    Tenant's Agent in 2020

    Albert Hamika

    Urban Nest Realty

  • Kristen Routh Silberman

    Seller's Agent in 2019

    Kristen Routh Silberman

    Douglas Elliman of Nevada LLC

    (702) 467-7100

    5 in this area

    222 Total Sales

    Section Image

  • B

    Seller's Agent in 2016

    Bonnie Miller

    Award Realty

  • M

    Buyer's Agent in 2016

    Matewai Taiaroa-Balaban

    Las Vegas Realty Center

  • Cristine Lefkowitz

    Seller's Agent in 2012

    Cristine Lefkowitz

    BHHS Nevada Properties

    (702) 595-8505

    71 in this area

    91 Total Sales

    Section Image
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About Park Towers at Hughes Center

Map

Source: Las Vegas REALTORS®

MLS Number: 2163880

Las Vegas REALTORS®

APN: 162-16-814-033

Nevada Clark County Las Vegas 89169 The Strip

1 Hughes Center Dr Unit 601, Las Vegas, NV

This home is located at 1 Hughes Center Dr Unit 601, Las Vegas, NV 89169 since 09 January 2020 and is currently priced at $1,209,711. This property was built in 2000. 1 Hughes Center Dr Unit 601 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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