$4,250,000
SOLD JAN 7, 2016
-- Bed
-- Bath
12,940 Sq Ft
$6,728/mo HOA Fee

Recently Sold

$328 Per Sq Ft

15% Below List Price

280 Days on Market

Highlights

  • Fitness Center
  • Penthouse
  • Outdoor Living Area
  • Ed W Clark High School Rated A-
  • View of Las Vegas Strip
  • Community Pool

About This Home

As of June 2021

One-Of-A-Kind Gray Shell Penthouse! Buyer has the option to customize this extravagant penthouse & build out a floor plan designed by Richard McGrew. Design includes: 6 BD/6 BA/3 half baths, steam room, skylights, breathtaking panoramic views & MORE! There are unlimited possibilities nestled above it all on the top floor!

Last Agent to Sell the Property

Kamran Zand

Luxury Estates International License #B.1001321 Listed on: 03/02/2015

Last Buyer's Agent

Michael McGraw

Elite Realty License #S.0056772

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $27,102

Year Built

  • Built in 2007

Lot Details

  • Property is in good condition

HOA Fees

  • $6,728 Monthly HOA Fees

Property Views

  • Las Vegas Strip
  • City
  • Mountain

Home Design

  • Penthouse

Interior Spaces

  • 12,940 Sq Ft Home
  • Concrete Flooring
  • Closed Circuit Camera

Parking

  • 4 Parking Spaces
  • Guest Parking

Outdoor Features

  • Outdoor Living Area
  • Terrace
  • Fire Pit

Schools

  • Thiriot Joseph Elementary School
  • Sawyer Grant* Middle School
  • Clark Ed. W. High School

Utilities

  • Cooling Available
  • Heating Available

Community Details

Overview

  • The Martin Association, Phone Number (702) 289-4802
  • High-Rise Condominium
  • Panorama Tower Phase Iii Subdivision
  • The community has rules related to covenants, conditions, and restrictions
  • 45-Story Property

Amenities

  • Business Center

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Dog Park

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Security

  • Security Service
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$27,102

Year Built

Built in 2007

Lot Details

0

HOA Fees

$6,728 per month

Listing Details

  • Prop. Type: Residential
  • Subdivision Name: PANORAMA TOWER PHASE III
  • Directions: From Tropicana and Dean Martin, North on Dean Martin, West on Jerry Lewis.
  • Architectural Style: High Rise, Penthouse
  • Building Name: THE MARTIN
  • Entry Level: 45
  • Structure Type: High Rise
  • Year Built Details: GRAYSHELL
  • Year Built: 2007
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Year Built: 2007

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Fireplace: No
  • Flooring: Concrete
  • Interior Amenities: None
  • Living Area: 12940.0
  • Stories: 45

Exterior Features

  • Pool Features: Community
  • Pool Private: No
  • View: City, Mountain(s), Strip View
  • View: Yes
  • Disclosures: Covenants/Restrictions Disclosure
  • Home Warranty: No
  • Exterior Features: Fire Pit, Outdoor Living Area
  • Patio And Porch Features: Terrace
  • Property Condition: Good Condition

Garage/Parking

  • Parking Features: Guest
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: None
  • Security: Closed Circuit Camera(s), Floor Access Control
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric, None
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Business Center, Dog Park, Fitness Center, Pool, Spa/Hot Tub, Security
  • Association Fee: 6728.0
  • Association Fee Frequency: Monthly
  • Association Name: The Martin
  • Phone: 702-289-4802
  • Association: Yes
  • Pets Allowed: Number Limit, Size Limit, Yes
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Elementary School: Thiriot Joseph,Thiriot Joseph
  • High School: Clark Ed. W.
  • Middle Or Junior School: Sawyer Grant*

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 27102.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2020
Closed on
May 29, 2021
Sold by
Martin 4500 Llc
Bought by
Nev Property One Llc
Seller's Agent
Michael McGraw
Elite Realty
Buyer's Agent
Christian Carrillo
Signature Real Estate Group
List Price
$18,000,000
Sold Price
$16,250,000
Premium/Discount to List
-$1,750,000
-9.72%
Current Estimated Value
$11,248,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,001,276
Avg. Annual Appreciation
-8.64%

Purchase Details

Listed on
Mar 2, 2015
Closed on
Dec 7, 2015
Sold by
4471 Dean Martin Dr Las Vegas Llc
Bought by
The Martin 4500 Llc
Seller's Agent
Kamran Zand
Luxury Estates International
Buyer's Agent
Michael McGraw
Elite Realty
List Price
$4,995,000
Sold Price
$4,250,000
Premium/Discount to List
-$745,000
-14.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.13%
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 $16,250,000 First American Title Insu
Bargain Sale Deed $4,250,000 Lawyers Title Of Nevada R
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2021 06/02/21 Sold $16,250,000 -9.7% $1,256 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
10/14/2020 10/14/20 For Sale $18,000,000 +323.5% $1,391 / Sq Ft
01/07/2016 01/07/16 Sold $4,250,000 -14.9% $328 / Sq Ft
12/08/2015 12/08/15 Pending -- -- --
03/02/2015 03/02/15 For Sale $4,995,000 -- $386 / 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 $70,096 $4,299,162 $2,420,945 $1,878,217
2024 $64,772 $4,299,162 $2,420,945 $1,878,217
2023 $64,772 $3,919,762 $2,230,620 $1,689,142
2022 $59,974 $3,086,215 $1,528,625 $1,557,590
2021 $55,532 $2,436,642 $935,690 $1,500,952
2020 $51,559 $2,353,672 $881,342 $1,472,330
2019 $48,321 $2,310,315 $854,168 $1,456,147
2018 $35,781 $1,908,333 $822,465 $1,085,868
2017 $50,527 $1,722,817 $845,110 $877,707
2016 $26,943 $1,197,053 $497,000 $700,053
2015 $27,933 $1,401,656 $497,000 $904,656
2014 $27,102 $1,200,107 $497,000 $703,107
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1519818

Las Vegas REALTORS®

APN: 162-20-213-372