NOT LISTED FOR SALE

Estimated Value: $533,000 - $565,000

2 Beds
2 Baths
1,613 Sq Ft
$342/Sq Ft Est. Value

Last Sold February 07, 2022

Last sale price $515,000 $319 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,965/month

16 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 February 2022

Nestled above the Downtown Arts District, this desirably stunning Las Vegas Strip view unit at Newport Lofts, features floor to ceiling windows, modern upgrades, granite countertops, rollaway island, custom lighting, two tone paint, stainless steel appliances, stackable washer and dryer, and much more. The full service building boasts newly remodeled lobby, rooftop pool, spa, sky lounge, fitness center, running track, 24 hour concierge, garage parking & storage, and much more.

Last Agent to Sell the Property

Vandana Bhalla

Signature Real Estate Group License #B.0058386 Listed on: 12/22/2021

Last Buyer's Agent

Yvette Riggott

GK Properties License #S.0185352

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,612

Year Built

  • Built in 2006

Lot Details

  • 0.48

HOA Fees

  • $620 Monthly HOA Fees

Parking

  • 1 Parking Space

Property Views

  • Las Vegas Strip
  • City
  • Mountain

Home Design

  • 1,613 Sq Ft Home

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer

Schools

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

Utilities

  • High Efficiency Air Conditioning
  • Central Heating
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows with Low Emissivity
  • Terrace
  • Property is in excellent condition

Community Details

Overview

  • Association fees include common areas, sewer, security, taxes, trash, water
  • Newport Lofts Association, Phone Number (702) 387-0093
  • High-Rise Condominium
  • Newport Lofts Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Concierge
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • 24-Hour Security
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,612

Year Built

Built in 2006

Lot Details

0

HOA Fees

$620 per month

Listing Details

  • Prop. Type: Residential
  • Subdivision Name: Newport Lofts
  • Directions: From Las Vegas Blvd and Hoover, West on Hoover to Newport Lofts on the Right
  • Architectural Style: High Rise
  • Building Name: NEWPORT LOFTS
  • Entry Level: 18
  • Efficiency: Windows
  • 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

  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: None
  • Living Area: 1613.0
  • Window Features: Low Emissivity Windows

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: Electric Dryer Hookup, Laundry Closet
  • Security: Closed Circuit Camera(s), Floor Access Control, 24 Hour Security
  • Cooling: Electric, High Efficiency
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Fitness Center, Pool, Spa/Hot Tub, Security, Concierge, Elevator(s)
  • Association Fee: 620.0
  • Association Fee Frequency: Monthly
  • Association Name: Newport Lofts
  • Phone: 702-387-0093
  • Association: Yes
  • Pets Allowed: No, Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Sewer, Security, Taxes, Trash, Water

Schools

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

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2612.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2021
Closed on
Feb 2, 2022
Sold by
Honey Bee Llc
Bought by
Smith Barry Alexander
Seller's Agent
Vandana Bhalla
Signature Real Estate Group
Buyer's Agent
Yvette Riggott
GK Properties
List Price
$570,000
Sold Price
$515,000
Premium/Discount to List
-$55,000
-9.65%
Current Estimated Value
$551,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,316
Avg. Annual Appreciation
2.19%
Original Mortgage
$463,500
Outstanding Balance
$433,998
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$119,834

Purchase Details

Listed on
Dec 22, 2021
Closed on
Jan 3, 2022
Sold by
Carson Lisa
Bought by
Smith Barry Alexander
Seller's Agent
Vandana Bhalla
Signature Real Estate Group
Buyer's Agent
Yvette Riggott
GK Properties
List Price
$570,000
Sold Price
$515,000
Premium/Discount to List
-$55,000
-9.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,500
Outstanding Balance
$433,998
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$119,834

Purchase Details

Closed on
Jun 16, 2016
Sold by
Stephenson Jamie
Bought by
Honey Bee Llc

Purchase Details

Closed on
Dec 16, 2013
Sold by
Chow Ward K and Chow Cynthia S
Bought by
Stephenson Jamie

Purchase Details

Closed on
Sep 4, 2009
Sold by
Wells Fargo Bank Na
Bought by
Chow Ward K and Chow Cynthia S

Purchase Details

Closed on
May 18, 2009
Sold by
Thylin James N and Helms Robert F
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 2, 2007
Sold by
Helms Kara L
Bought by
Helms Robert F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$587,999
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2007
Sold by
Newport Lofts Llc
Bought by
Thylin James N and Helms Robert F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$587,999
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 2007
Sold by
Thylin Stephanie B
Bought by
Thylin James N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$587,999
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Smith Barry Alexander $515,000 Chicago Title
Smith Barry Alexander -- Chicago Title
Honey Bee Llc -- None Available
Stephenson Jamie $420,000 Lawyers Title Of Nevada Cha
Chow Ward K $205,500 Chicago Title Las Vegas
Wells Fargo Bank Na $341,000 Fidelity National Default So
Helms Robert F $741,259 Ticor Title Of Nevada Inc
Thylin James N $741,259 Ticor Title Of Nevada Inc
Thylin James N $741,259 Ticor Title Of Nevada Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Barry Alexander $463,500
Closed Smith Barry Alexander $463,500
Previous Owner Thylin James N $587,999
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2022 02/07/22 Sold $515,000 -9.6% $319 / Sq Ft
01/08/2022 01/08/22 Pending -- -- --
12/22/2021 12/22/21 For Sale $570,000 0.0% $353 / Sq Ft
05/08/2012 05/08/12 Rented $1,800 -10.0% --
04/08/2012 04/08/12 Under Contract -- -- --
03/19/2012 03/19/12 For Rent $2,000 -- --
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 $174,342 $44,362 $129,980
2024 $3,046 $174,342 $44,362 $129,980
2023 $3,046 $165,858 $55,382 $110,475
2022 $2,821 $136,653 $44,091 $92,562
2021 $2,612 $125,532 $42,398 $83,134
2020 $2,423 $119,764 $39,010 $80,754
2019 $2,271 $116,501 $32,800 $83,701
2018 $2,167 $107,871 $29,978 $77,893
2017 $3,764 $114,832 $29,978 $84,854
2016 $2,028 $109,312 $19,250 $90,062
2015 $2,024 $90,403 $10,500 $79,903
2014 $1,961 $94,892 $10,500 $84,392
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2356811

Las Vegas REALTORS®

APN: 139-34-412-120