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1501 West Sahara Avenue

1501 West Sahara Avenue, Las Vegas, NV 89102
Property in Clark
1501 West Sahara Avenue in Las Vegas, NV was first built in 1979 and is 45 years old. This has been categorized as a commercial property type. There are a total of 4 floors. In total, the area measurement of the land is 31,799 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. There are a total of 95 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The exterior walls of the home are made of a combination of material. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heat pump. The property was last sold in Mar 7, 2022 for $11,900,000. That's $305.38 per sqft. Prior to that sales transaction, the property was also sold in Jan 15, 2010 for $1,400,000. 1501 West Sahara Avenue was last assessed in 2024. The total value of the property was assessed at $1,107,847. Specifically, the land the property is located on was valued at $318,500. While improvements on the property were assessed at a total of $789,347. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $43,351. The initial tax year of delinquency was in 2023. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Bedroom Count: 0
  • Construction Type: Masonry
  • Exterior Walls Type: Combination
  • Floor Count: 4
  • Living Units: 65
  • Business/Commerical Units Count: 65
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 95

    Dimensions

  • Lot Size Square Feet: 31,799
  • Total Building Area: 38,968
  • Gross Building Area: 38,968
  • Building Area: 38,968
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: PARCEL MAP FILE 105 PAGE 39
  • Land Acres: 0.73
  • Standard Land Use Code: Hotel-resort
  • Legal Description 1: PARCEL MAP FILE 105 PAGE 39 LOT 2

Ownership

  • Current Owner : PH 11 LLC
  • Previous Owner : GARRETT CAPITAL LLC
  • Owner Before Previous Owner: NATIONAL TITLE CO
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Clark County School District
  • Census Tract: 002201

Zoning

  • Zoning: C2

Geography

  • Assessors Map Reference: 162-009
  • District: LV
  • Parcel: 162-09-102-009
  • Lot: 2
  • Meridian: SEC 09 TWN 21S RNG 61E
  • Municipality: LAS VEGAS CITY
  • Latitude: 36.1437
  • Longitude: -115.17

    Address

  • Full Address: 1501 W Sahara Ave
  • Address - House Number: 1501
  • Street Direction: W
  • Address - Street Name: Sahara
  • Address - Suffix Type: Ave
  • State: NV
  • City Name: Las Vegas
  • Carrier Code: C026
  • 4-Digit Zip Code: 4820
  • Zip Code: 89102

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $43,351
  • Intital Tax Deliquent Year: 2023
  • Tax Rate Code Area: 212

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $10,500,000
  • First Open Lien Mortgage Lender: FAIRVIEW INVESTMENT FUND V LP
  • First Open Lien Mortgage Recording Date: Mar 21, 2022
  • First Open Lien Mortgage Loan Amount: $10,500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $2,624,323
  • Market Land Value: $650,000
  • Market Improvement Value: $1,974,323

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,107,847
  • Assessed Land Value: $318,500
  • Assessed Improvements Value: $789,347

    Sales

  • Current Sale Contract Date: Mar 07, 2022
  • Current Sale Recording Date: Mar 08, 2022
  • Current Sale Transaction ID: 11881347373
  • Current Sale Price: $11,900,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2124
  • Previous Sale Recording Date: Jan 15, 2010
  • Previous Sale Contract Date: Jan 15, 2010
  • Previous Sale Amount: $1,400,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

About Las Vegas



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Frequently Asked Questions

What neighborhood is 1501 West Sahara Avenue located in?
The 1501 West Sahara Avenue is a located in the neighborhood of Clark in Las Vegas, Las Vegas.
What is the average sales price for listings in 1501 West Sahara Avenue?
The average sales price for units in 1501 West Sahara Avenue is $0 currently.

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