Great People. Great Places.

Parcel 1318-27-002-005

Owners

HARRAHS LAKE TAHOE LLC

VICI PROPERTIES
535 MADISON AVE 20TH FLOOR
NEW YORK, NY 10022

Parcel Summary

Location 15 HWY 50
Use Code 420: Casino or Hotel Casino
Tax District 225: DOUGLAS COUNTY SEWER NO 1/RD
Section 27
Township 13
Range 18
Acreage 21.3500
Lot 1
Plat Maps 1318-27-002.pdf (913kb)
Lineage 0000-07-150-090

Value History

2024202320222021202020192018
Total Building Value$78,070,396$74,615,989$70,036,529$73,244,111$74,571,300$74,952,297$75,107,263
Total Extra Features Value$2,974,487$2,820,075$0$0$0$0$0
Total Secured Pers Prop$6,810,908$6,142,690$5,768,451$6,755,103$7,113,009$6,711,534$8,073,380
Total Land Value$18,600,000$18,600,000$18,600,000$18,600,000$18,600,000$18,600,000$18,600,000
Taxable Value$106,455,791$102,178,754$94,404,980$98,599,214$100,284,309$100,263,831$101,780,643
Net Exemptions Value$0$0$0$0$0$0$0
Net Assessed Value$37,259,527$35,762,564$33,041,743$34,509,725$35,099,508$35,092,341$35,623,225
New Improvements$1,191,606$1,151,397$298,623$799,157$1,500,531$137,900$2,520,311
New Land$0$0$0$0$0$0$0

Document/Transfer/Sales History

Instrument /
Official Record
Official RecordDateTypeV/IDcl ValueOwnership
GBS 9055179055172017-10-12GRANT BARGAIN SALE DEEDImproved$0Grantor: HARVEYS TAHOE MANAGEMENT CO INC
Grantee: HARRAHS LAKE TAHOE LLC
GBS 7661567661562010-06-28GRANT BARGAIN SALE DEEDVacant$0Grantor: EAGLE FALLS DOMESTIC TRUST
Grantee: SS MANAGEMENT LLC
GBS 7593327593322010-02-26GRANT BARGAIN SALE DEEDVacant$5,225,000Grantor: HARVEYS TAHOE MANAGEMENT CO INC
Grantee: SS MANAGEMENT LLC
GBS 7238067238062008-05-22GRANT BARGAIN SALE DEEDImproved$0Grantor: TAHOE MEZZ 9 LLC
Grantee: HARVEYS TAHOE MANAGEMENT CO INC
GBS 7238057238052008-05-22GRANT BARGAIN SALE DEEDImproved$0Grantor: TAHOE MEZZ 8 LLC
Grantee: TAHOE MEZZ 9 LLC
GBS 7238047238042008-05-22GRANT BARGAIN SALE DEEDImproved$0Grantor: TAHOE MEZZ 7 LLC
Grantee: TAHOE MEZZ 8 LLC
GBS 7238037238032008-05-22GRANT BARGAIN SALE DEEDImproved$0Grantor: TAHOE MEZZ 6 LLC
Grantee: TAHOE MEZZ 7 LLC
GBS 7238027238022008-05-22GRANT BARGAIN SALE DEEDImproved$0Grantor: TAHOE MEZZ 5 LLC
Grantee: TAHOE MEZZ 6 LLC
GBS 7238017238012008-05-22GRANT BARGAIN SALE DEEDImproved$0Grantor: TAHOE MEZZ 4 LLC
Grantee: TAHOE MEZZ 5 LLC
GBS 7238007238002008-05-22GRANT BARGAIN SALE DEEDImproved$0Grantor: TAHOE MEZZ 3 LLC
Grantee: TAHOE MEZZ 4 LLC
GBS 7237997237992008-05-22GRANT BARGAIN SALE DEEDImproved$0Grantor: TAHOE MEZZ 2 LLC
Grantee: TAHOE MEZZ 3 LLC
GBS 7237987237982008-05-22GRANT BARGAIN SALE DEEDImproved$0Grantor: TAHOE MEZZ 1 LLC
Grantee: TAHOE MEZZ 2 LLC
GBS 7237977237972008-05-22GRANT BARGAIN SALE DEEDImproved$0Grantor: TAHOE PROPCO LLC
Grantee: TAHOE MEZZ 1 LLC
GBS 7168647168642008-01-28GRANT BARGAIN SALE DEEDImproved$0Grantor: HARVEYS TAHOE MANAGEMENT CO INC
Grantee: TAHOE PROPCO LLC
GBS 7168637168632008-01-28GRANT BARGAIN SALE DEEDImproved$0Grantor: HARRAH'S OPERATING CO INC
Grantee: HARVEYS TAHOE MANAGEMENT CO INC

Buildings

Building # 1, Section # 1, HARRAH'S CASINO, Hotel, Full Service

TypeModelHeated Sq FtRepl Cost NewYrBltWAYOther % DprNormal % Dpr% CondValue
COMM594730860$270,937,110197219740.00%75.00%25.00%$67,734,278

Structural Elements

TypeDescriptionCodeDetails
EW_CEXT WALL-Commercial1Default
HEAT_C_EXHEAT Comm Extreme Adj1EDefault Heat
STNumber of Stories (COMM)19.00
WHAverage Wall Height (COMM)10.00
SHPShape (COMM)4Very Irregular
681Sprinkler System Generic - Commercial730860.00
Subareas
TypeGross AreaPercent of BaseAdjusted Area
GBA155,691100%155,691
GBA575,169100%575,169

Building # 1, Section # 2, HARRAH'S CASINO (1972) Basement, BASEMENT FINISHED - COMMERCIAL

TypeModelHeated Sq FtRepl Cost NewYrBltWAYOther % DprNormal % Dpr% CondValue
COMM7010$18,649,768197219740.00%75.00%25.00%$4,662,442

Structural Elements

TypeDescriptionCodeDetails
HEAT_C_BTHEAT Comm Basement3003Default Heating
WHAverage Wall Height (COMM)10.00
BLBasement Levels (COMM)1.00
3681CommBsmt Generic Sprinklers120570.00
Subareas
TypeGross AreaPercent of BaseAdjusted Area
701120,570100%120,570

Building # 1, Section # 3, BASEMENT UNFINISHED - COMMERCIAL

TypeModelHeated Sq FtRepl Cost NewYrBltWAYOther % DprNormal % Dpr% CondValue
COMM7030$1,409,827197219740.00%75.00%25.00%$352,457

Structural Elements

TypeDescriptionCodeDetails
HEAT_C_BTHEAT Comm Basement3003Default Heating
WHAverage Wall Height (COMM)10.00
BLBasement Levels (COMM)1.00
3681CommBsmt Generic Sprinklers14987.00
Subareas
TypeGross AreaPercent of BaseAdjusted Area
70314,987100%14,987

Building # 2, Section # 1, WAREHOUSE, Storage Warehouse

TypeModelHeated Sq FtRepl Cost NewYrBltWAYOther % DprNormal % Dpr% CondValue
COMM40611927$1,585,155197219720.00%75.00%25.00%$396,289

Structural Elements

TypeDescriptionCodeDetails
EW_CEXT WALL-Commercial1Default
HEAT_C_EXHEAT Comm Extreme Adj1EDefault Heat
STNumber of Stories (COMM)1.00
WHAverage Wall Height (COMM)24.00
681Sprinkler System Generic - Commercial100.00
Subareas
TypeGross AreaPercent of BaseAdjusted Area
GBA11,927100%11,927

Building # 3, Section # 1, PARKING GARAGE, Parking Structure

TypeModelHeated Sq FtRepl Cost NewYrBltWAYOther % DprNormal % Dpr% CondValue
COMM345351925$26,897,628197419740.00%75.00%25.00%$6,724,407

Structural Elements

TypeDescriptionCodeDetails
EW_CEXT WALL-Commercial1Default
HEAT_C_EXHEAT Comm Extreme Adj1EDefault Heat
STNumber of Stories (COMM)5.00
WHAverage Wall Height (COMM)10.00
681Sprinkler System Generic - Commercial351925.00
Subareas
TypeGross AreaPercent of BaseAdjusted Area
GBA351,925100%351,925

Extra Features

*RCNLD: Replacement Cost New, Less Depreciation

CodeDescriptionLengthWidthUnitsUnit PriceAYBRepl Cost% Good ConditionDpr Value*Final ValueNotes
HANDCALHAND CALCULATION1.00$332,6952000$332,69563%$207,934$207,934UNDERGROUND FUEL TANK - #0022490
HANDCALHAND CALCULATION1418.00$1501977$213,05528%$59,655$59,655SWIMMING POOL
HANDCALHAND CALCULATION5210.00$2581977$1,345,22228%$376,662$376,662POOL ENCLOSURE
HANDCALHAND CALCULATION3034.00$951974$288,23025%$72,058$72,058LOADING AREA CANOPY
HANDCALHAND CALCULATION1040.00$951974$98,80025%$24,700$24,700BUS CANOPY
HANDCALHAND CALCULATION7301.00$951974$693,59525%$173,399$173,399HOTEL CANOPY
BR4BONUS ROOM 413708.00$1571974$2,152,15625%$538,039$538,039PORTE COCHERE
VSIVSI - UNITS/1,000350.00$1,0001972$350,00025%$87,500$87,500SITE IMP
ASPTASPHALT - TAHOE600000.00$51972$3,000,00025%$750,000$750,000ASPHALT/PARKING
HANDCALHAND CALCULATION2.00$393,3301972$786,66025%$196,665$196,665ESCALATORS
HANDCALHAND CALCULATION353105.00$4771974$50,07525%$12,519$12,519BILLS CASINO (EXT. STAIRS, PARKING GARAGE)
SUN3ENCL PATIO/SUNROOM-ABOVE AVERAGE1504.00$1121955$168,44825%$42,112$42,112ENCLOSED ENTRY
NLA7NON LIVING AREA #71140.00$701972$79,80025%$19,950$19,950GENERATOR BLD
NLA6NON LIVING AREA #65204.00$601972$312,24025%$78,060$78,060MAINTENANCE BLD
CCPSTCONCRETE COVERED PORCH-SHAKE ROOF-TAHOE1557.00$311972$47,48925%$11,872$11,872CCPST
HANDCALHAND CALCULATION2.00$7,3151972$14,63025%$3,658$3,658GAS DISPENSERS
HANDCALHAND CALCULATION2.00$2,6701972$5,34025%$1,335$1,335PUMPS
SBLDSTORAGE BLDGS-W/FOUNDATION-120 SF+1214168.00$231998$3,78060%$2,249$2,249SHED
HANDCALHAND CALCULATION8.00$3,2481974$25,98425%$6,496$6,496LIGHTING
HANDCALHAND CALCULATION2618468.00$6482000$303,12463%$189,452$189,452EXITING STAIRS (16 X 38 X 18 FLOORS)
VSIVSI - UNITS/1,000140.00$1,0002018$140,00090%$125,300$125,300PARKING GATE W/ELEC

Land Lines

CodeDescriptionZoneFrontDepthUnitsUnit TypeRateAcreageSq FtTotal AdjValueNotes
420Casino or Hotel Casino1.00SITE$18,600,000.0021.3501.00$18,600,000

Personal Property

AccountSecured/
Unsecured
OwnerDescription
CP002222UnsecuredF B LAKE TAHOE LLCCP - COMMERCIAL PROPERTY
CP003065UnsecuredHYMAN COMPANIES INCCP - COMMERCIAL PROPERTY
CP003099UnsecuredTAHOE ITALIAN KITCHENCP - COMMERCIAL PROPERTY
CP003138UnsecuredJ BOUTIQUECP - COMMERCIAL PROPERTY
CP003150UnsecuredTHAI ASIANCP - COMMERCIAL PROPERTY
CP004225UnsecuredSPECIALTY SPORTS VENTURE #908CP - COMMERCIAL PROPERTY
CP004562UnsecuredCAESARS LT HEALTH/WELLNES CTRCP - COMMERCIAL PROPERTY
CP004827UnsecuredC V SPORTS - HARRAHSCP - COMMERCIAL PROPERTY
CP004927SecuredHARRAH'S LAKE TAHOECP - COMMERCIAL PROPERTY
CP005147UnsecuredTAHOE ASIAN KITCHENCP - COMMERCIAL PROPERTY
LR126513UnsecuredGORDON FLESCH COMPANYLR - LESSOR
LR126660UnsecuredW W GRAINGER INCLR - LESSOR
TC126294UnsecuredAT&T MOBILITY LLCTC - TELECOMMUNICATIONS
TC126296UnsecuredATC INDOOR DAS LLC NV #338862TC - TELECOMMUNICATIONS

Disclaimer

All parcel data on this page is for use by the Douglas County Assessor for assessment purposes only. The summary data on this page may not be a complete representation of the parcel or of the improvements thereon. Building information, including unit counts and number of permitted units, should be verified with the appropriate building and planning agencies. Zoning information should be verified with the appropriate planning agency. All parcels are reappraised each year. This is a true and accurate copy of the records of the Douglas County Assessor's Office as of September 20, 2024.

Photos

parcel image