$424,000
SOLD APR 16, 2021
1 Bed
2 Baths
1,613 Sq Ft
0.48 Acres

Recently Sold

$263 Per Sq Ft

10% Below List Price

112 Days on Market

Highlights

  • Concierge
  • 24-Hour Security
  • Terrace
  • Fitness Center
  • View of Las Vegas Strip
  • 2-minute walk to Las Vegas Healing Garden

About This Home

As of April 2021

Open and airy loft with expansive views of the Strip and city. Situated on the Southwest corner of the building, this is the very best floor-plan in Newport Lofts. It is outfitted with the finest imported cabinetry and high end fixtures. If you are looking for loft living in the Arts district downtown this is your best option!

Last Agent to Sell the Property

Min Lee

Foster Realty License #S.0179169 Listed on: 11/24/2020

Last Buyer's Agent

Grant Garcia

RHOME License #S.0055017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,271

Year Built

  • Built in 2006

HOA Fees

  • $619 Monthly HOA Fees

Parking

  • 1 Parking Space

Property Views

  • Las Vegas Strip
  • City
  • Mountain

Interior Spaces

  • 1,613 Sq Ft Home
  • Blinds
  • Closed Circuit Camera

Kitchen

  • Gas Range
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Schools

  • Hollingsworth Howard Elementary School
  • Fremont John C. Middle School
  • Rancho High School

Utilities

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

Additional Features

  • Terrace
  • Property is in excellent condition

Community Details

Overview

  • Association fees include management, recreation facilities, sewer, trash, water
  • Newport Lofts HOA, Phone Number (702) 387-0056
  • High-Rise Condominium
  • Newport Lofts Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Additional Features

  • Concierge
  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,271

Year Built

Built in 2006

Lot Details

0

HOA Fees

$619 per month

Listing Details

  • Prop. Type: Residential
  • Subdivision Name: Newport Lofts
  • Directions: From Charleston Blvd going east, turn right on 3rd St, left on Hoover Ave, Newport Lofts will be on the right.
  • Architectural Style: High Rise
  • Building Name: NEWPORT LOFTS
  • Entry Level: 11
  • Structure Type: High Rise
  • Year Built Details: RESALE
  • Year Built: 2006
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Warming Drawer, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Interior Amenities: Programmable Thermostat
  • Living Area: 1613.0
  • Window Features: Blinds

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: Gas Dryer Hookup, Laundry Closet
  • Security: Closed Circuit Camera(s), 24 Hour Security
  • Cooling: Electric, 1 Unit
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Fitness Center, Pool, Spa/Hot Tub, Security, Concierge
  • Association Fee: 619.0
  • Association Fee Frequency: Monthly
  • Association Name: Newport Lofts HOA
  • Phone: 702-387-0056
  • Association: Yes
  • Pets Allowed: Number Limit, Size Limit, Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Recreation Facilities, Sewer, Trash, Water

Schools

  • Elementary School: Hollingsworth Howard,Hollingswoth Howard
  • High School: Rancho
  • Middle Or Junior School: Fremont John C.

Lot Info

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

Rental Info

  • Land Lease Amount: 2400.0

Tax Info

  • Tax Annual Amount: 2271.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2021
Sold by
Red Square Group Llc
Bought by
Burda Douglas Benjamin and Burda Anat
Current Estimated Value
$514,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,500
Outstanding Balance
$327,438
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$187,216

Purchase Details

Listed on
Nov 24, 2020
Closed on
Apr 15, 2021
Sold by
Las Vegas Henderson Llc
Bought by
Red Square Group Llc
Seller's Agent
Min Lee
Foster Realty
Buyer's Agent
Grant Garcia
RHOME
List Price
$469,000
Sold Price
$424,000
Premium/Discount to List
-$45,000
-9.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.73%

Purchase Details

Closed on
Mar 9, 2012
Sold by
Tan Jenny Wei and Tan Simon Y
Bought by
Las Vegas Henderson Llc

Purchase Details

Closed on
Sep 10, 2009
Sold by
First Horizon Home Loans
Bought by
Tan Jenny Wei and Tan Simon Y

Purchase Details

Closed on
Jul 27, 2009
Sold by
Kong Junghee
Bought by
First Horizon Home Loans

Purchase Details

Closed on
Jul 27, 2007
Sold by
Newport Lofts Llc
Bought by
Kong Junghee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$563,900
Interest Rate
1%
Mortgage Type
Negative Amortization
Source: Public Records

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Range of Values:

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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 $424,000 Pearl Title
Bargain Sale Deed $424,000 Ort Co Of Nevada
Bargain Sale Deed $325,000 Nevada Title Las Vegas
Bargain Sale Deed $185,000 Direct Title Insurance Agenc
Trustee Deed $165,750 Commonwealth Title
Bargain Sale Deed $705,959 Ticor Title Of Nevada Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $352,500 New Conventional
Previous Owner $563,900 Negative Amortization
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2021 07/16/21 For Rent $2,500 -3.8% --
07/16/2021 07/16/21 Rented $2,600 0.0% --
04/16/2021 04/16/21 Sold $424,000 -9.6% $263 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
11/24/2020 11/24/20 For Sale $469,000 0.0% $291 / Sq Ft
10/19/2018 10/19/18 Rented $2,400 0.0% --
09/19/2018 09/19/18 Under Contract -- -- --
08/31/2018 08/31/18 For Rent $2,400 +9.1% --
01/12/2017 01/12/17 Rented $2,200 +99.5% --
12/13/2016 12/13/16 Under Contract -- -- --
11/30/2016 11/30/16 For Rent $1,103 -49.9% --
04/28/2016 04/28/16 Rented $2,200 0.0% --
03/29/2016 03/29/16 Under Contract -- -- --
12/11/2015 12/11/15 For Rent $2,200 -- --
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 $3,290 $172,242 $42,262 $129,980
2024 $3,046 $172,242 $42,262 $129,980
2023 $2,028 $164,808 $54,332 $110,475
2022 $2,821 $135,603 $43,041 $92,562
2021 $2,612 $124,482 $41,348 $83,134
2020 $2,423 $118,714 $37,960 $80,754
2019 $2,271 $115,451 $31,750 $83,701
2018 $2,167 $106,821 $28,928 $77,893
2017 $2,028 $113,782 $28,928 $84,854
2016 $2,028 $109,312 $19,250 $90,062
2015 $2,024 $90,403 $10,500 $79,903
2014 $1,961 $92,792 $10,500 $82,292
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2250667

Las Vegas REALTORS®

APN: 139-34-412-042