NOT LISTED FOR SALE

Regency Towers 3111 Bel Air Dr Unit 28G Las Vegas, NV 89109

Estimated Value: $1,392,000 - $1,615,912

4 Beds
6 Baths
5,938 Sq Ft
$1,985/mo HOA Fee

Last Sold February 07, 2022

Last sale price $980,000 $165 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $10,733/month

262 Days on Market

Highlights

  • Concierge
  • Country Club
  • 24-Hour Security
  • Golf Course Community
  • Fitness Center
  • Penthouse

About This Home

As of February 2022

Iconic Regency Towers top floor penthouse. Former home of the prominent developer Irwin Molasky. This top floor residence has a legacy of its own showcasing 5,938 sq.ft. interiors. Incredible 270 degree of Prime views of the Las Vegas strip, LVCC golf course, downtown & mountains w/floor to ceilings windows. Three levels makes this Large top floor penthouse a one-of-a kind residence. The property was under construction & it was never completed, a marvelous opportunity to build your dream top floor estate w/unlimited potential. Offered AS IS. 2 car garage designate spots & 1 storage unit will convey w/the property. The building offers 24 hours security, concierge, valet, management on site, exercise room, olympic size pool, mini golf, tennis courts, ballroom & pet park. Wonderful grounds perfect for waking, jogging or biking. 3 guard gated gates access for your convenience. The next door penthouse is also available unit PH 28E.

Last Agent to Sell the Property

Cristine Lefkowitz

BHHS Nevada Properties License #S.0056464 Listed on: 04/20/2021

BHHS Nevada Properties

Last Buyer's Agent

Stephanie Sibley

GK Properties License #S.0184775

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,335

Year Built

  • Built in 1974

Lot Details

  • 5,924

HOA Fees

  • $1,985 Monthly HOA Fees

Property Views

  • Golf Course
  • Las Vegas Strip
  • City
  • Mountain
  • Park or Greenbelt

Home Design

  • 5,938 Sq Ft Home
  • Penthouse

Parking

  • 2 Parking Spaces
  • Covered Parking
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Terrace
  • Fire Pit

Schools

  • Park John S Elementary School
  • Fremont John C. Middle School
  • Valley High School

Utilities

  • Cooling Available
  • Central Heating

Additional Features

  • Electric Dryer Hookup
  • Property is in below average condition

Community Details

Overview

  • Association fees include management, ground maintenance, security, trash, water
  • Regency Towers Association, Phone Number (702) 732-1300
  • High-Rise Condominium
  • Built by Molasky
  • Regency Towers Amd Subdivision, Custom Floorplan
  • The community has rules related to covenants, conditions, and restrictions
  • 28-Story Property

Amenities

  • Concierge
  • Valet Parking
  • Recreation Room
  • Guest Suites
  • Community Storage Space

Recreation

  • Golf Course Community
  • Country Club
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa
  • Dog Park
  • Jogging Path

Pet Policy

  • Limit on the number of pets

Security

  • 24-Hour Security
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,335

Year Built

Built in 1974

Lot Details

0

HOA Fees

$1,985 per month

Listing Details

  • Prop. Type: Residential
  • Subdivision Name: Regency Towers Amd
  • Directions: East on Desert in, Left on Joe W. Brown & the LVCC gate will be on the immediate Right. After clearing w/security, follow the road on Bel Air & tower is on the right.
  • Architectural Style: High Rise, Loft, Penthouse
  • Building Name: REGENCY TOWERS
  • Entry Level: 28
  • Structure Type: High Rise
  • Year Built Details: RESALE
  • Year Built: 1974
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Year Built: 1974

Interior Features

  • Private Spa: No
  • Fireplace: No
  • Interior Amenities: None
  • Living Area: 5938.0
  • Stories: 28

Exterior Features

  • Pool Features: In Ground, Private, Association, Community
  • Pool Private: Yes
  • View: City, Park/Greenbelt, Golf Course, Mountain(s), Strip View
  • View: Yes
  • Disclosures: Covenants/Restrictions Disclosure
  • Home Warranty: No
  • Builder Name: Molasky
  • Exterior Features: Fire Pit
  • Patio And Porch Features: Terrace
  • Property Condition: Poor Condition, Resale

Garage/Parking

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

Utilities

  • Laundry Features: Electric Dryer Hookup, None
  • Security: Closed Circuit Camera(s), 24 Hour Security, Security System, Gated Community
  • Cooling: Electric, 1 Unit
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Country Club, Dog Park, Fitness Center, Golf Course, Guest Suites, Gated, Jogging Path, Pool, Recreation Room, Guard, Spa/Hot Tub, Security, Storage, Tennis Court(s), Concierge
  • Association Fee: 1985.0
  • Association Fee Frequency: Monthly
  • Association Name: Regency Towers
  • Phone: 702-732-1300
  • Association: Yes
  • Pets Allowed: Number Limit, Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Maintenance Grounds, Security, Trash, Water

Schools

  • Elementary School: Park John S,Park John S
  • High School: Valley
  • Middle Or Junior School: Fremont John C.

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5335.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2024
Sold by
Landeros Javier and Landeros Hilda
Bought by
David Landeros Grantor Trust and Hilda Landeros Grantor Trust
Current Estimated Value
$1,510,637

Purchase Details

Listed on
Apr 20, 2021
Closed on
Feb 3, 2022
Sold by
Sher Real Estate Investments Llc
Bought by
Landeros David and Landeros Hilda
Seller's Agent
Cristine Lefkowitz
BHHS Nevada Properties
Buyer's Agent
Stephanie Sibley
GK Properties
List Price
$3,000,000
Sold Price
$980,000
Premium/Discount to List
-$2,020,000
-67.33%

Purchase Details

Closed on
Jul 24, 2009
Sold by
Sher Real Estate Llc
Bought by
Sher Real Estate Investments Llc

Purchase Details

Closed on
Sep 8, 2008
Sold by
Sher Edward F and Sher Mona L
Bought by
Sher Real Estate Llc

Purchase Details

Closed on
May 24, 2007
Sold by
Aslanian Eddy
Bought by
Sher Edward F and Sher Mona L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 29, 2002
Sold by
Aslanian Eddy and Aslanian Edouard
Bought by
Aslanian Eddy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,255,000
Interest Rate
6.89%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 16, 2000
Sold by
Molasky Irwin A and Molasky Susan
Bought by
Aslanian Edouard
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
David Landeros Grantor Trust $1,700,000 None Listed On Document
Landeros David $1,680,000 Fidelity National Title
Sher Real Estate Investments Llc -- None Available
Sher Real Estate Llc -- None Available
Sher Edward F $2,050,000 Ticor Title Of Nevada Inc
Aslanian Eddy -- United Title
Aslanian Edouard $2,400,000 Nevada Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sher Edward F $1,500,000
Previous Owner Aslanian Eddy $2,255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2022 02/07/22 Sold $980,000 -67.3% $165 / Sq Ft
01/08/2022 01/08/22 Pending -- -- --
04/20/2021 04/20/21 For Sale $3,000,000 -- $505 / 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
2023 $6,208 $342,830 $153,924 $188,906
2022 $4,464 $321,753 $141,455 $180,298
2021 $5,748 $300,247 $120,672 $179,575
2020 $5,335 $302,390 $120,672 $181,718
2019 $5,000 $229,871 $85,341 $144,530
2018 $4,771 $231,274 $85,341 $145,933
2017 $6,065 $206,766 $74,949 $131,817
2016 $4,464 $161,869 $29,750 $132,119
2015 $4,456 $193,797 $24,500 $169,297
2014 $4,319 $142,808 $22,750 $120,058
Source: Public Records

Agents Affiliated with this Home

  • Cristine Lefkowitz

    Seller's Agent in 2022

    Cristine Lefkowitz

    BHHS Nevada Properties

    (702) 595-8505

    9 in this area

    91 Total Sales

    Section Image

  • S

    Buyer's Agent in 2022

    Stephanie Sibley

    GK Properties

    (702) 797-0727

    2 in this area

    35 Total Sales

    Section Image
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About Regency Towers

Map

Source: Las Vegas REALTORS®

MLS Number: 2287111

Las Vegas REALTORS®

APN: 162-10-812-217

Nevada Clark County Las Vegas 89109

3111 Bel Air Dr Unit 28G, Las Vegas, NV

This home is located at 3111 Bel Air Dr Unit 28G, Las Vegas, NV 89109 since 20 April 2021 and is currently estimated at $1,510,637, approximately $254 per square foot. This property was built in 1974. 3111 Bel Air Dr Unit 28G is a home located in Clark County with nearby schools including John S Park Elementary School, Roy West Martin Middle School, and Valley High School.

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