NOT LISTED FOR SALE

4381 W Flamingo Rd Unit 1516 Las Vegas, NV 89103

West of the Strip Neighborhood

Estimated Value: $264,000 - $272,000

1 Bed
1 Bath
615 Sq Ft
$434/Sq Ft Est. Value

Last Sold September 13, 2023

Last sale price $323,000 $525 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $2,171/month

90 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • View of Las Vegas Strip
  • Ed W Clark High School Rated A-
  • 24-Hour Security
  • Marble Flooring

About This Home

As of September 2023

Offering the BEST VALUE for a Strip view suite in the building. This beautiful fully furnished studio suite is located on the 15th floor of Palms Place Hotel & Spa. Enjoy the famous Las Vegas Strip view from your private balcony. This condo offers exclusive owner benefits like concierge services, access to top-notch amenities, a fitness facility, discounted food and spa services, and a lavish pool area. Owners may join the Palms rental program, use Airbnb or keep the property private. The Palms Place building is connected by a moving walkway to the Palms Resort & Casino. Experience the ultimate resort lifestyle only a few minutes from the world-famous Las Vegas Strip.

Last Agent to Sell the Property

Myra Hatten

Coldwell Banker Premier Brokerage Email: myra.hatten@cbvegas.com License #S.0175845 Listed on: 06/13/2023

Coldwell Banker Premier

Last Buyer's Agent

Nancy Li

Keller Williams MarketPlace License #BS.0133398

Keller Williams MarketPlace

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,930

Year Built

  • Built in 2006

Lot Details

  • 1.05

HOA Fees

Parking

  • Guest Parking

Property Views

  • Las Vegas Strip
  • City

Home Design

  • Entry on the 15th floor

Interior Spaces

  • 1 Full Bathroom
  • 615 Sq Ft Home
  • Furnished
  • Tinted Windows
  • Drapes & Rods
  • Closed Circuit Camera

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Schools

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

Utilities

  • Cooling Available
  • Central Heating

Additional Features

  • Energy-Efficient Windows
  • Property is in good condition

Community Details

Overview

  • Association fees include electricity, sewer, security, utilities, water
  • Palms Place Association, Phone Number (702) 942-7780
  • High-Rise Condominium
  • Palms Place A Resort Condo & Spa At The Palms Lv Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Concierge
  • Guest Suites

Recreation

  • Fitness Center
  • Community Pool

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,930

Year Built

Built in 2006

Lot Details

0

HOA Fees

$554 per month

Listing Details

  • Prop. Type: Residential
  • Subdivision Name: Palms Place A Resort Condo & Spa At The Palms Lv
  • Directions: I15, exit 38-Flamingo road, head West, and Palms Place is at the corner of Flamingo and Arville.
  • Architectural Style: High Rise
  • Building Name: PALMS PLACE
  • Entry Level: 15
  • Efficiency: Windows
  • Structure Type: High Rise
  • Year Built Details: RESALE
  • Year Built: 2006
  • ResoPropertyType: Residential
  • Association Fee 3 Frequency: Annually
  • Attribution Contact: myra.hatten@cbvegas.com
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Marble
  • Living Area: 615.0
  • Window Features: Drapes, Tinted Windows

Exterior Features

  • Pool Features: Association
  • Pool Private: No
  • View: City, Strip View
  • View: Yes
  • Disclosures: Covenants/Restrictions Disclosure
  • Home Warranty: No
  • Exterior Features: None
  • Property Condition: Good Condition, Resale

Garage/Parking

  • Parking Features: Guest

Utilities

  • Laundry Features: None
  • Security: Closed Circuit Camera(s), TwentyFourHourSecurity, Security Guard
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Fitness Center, Guest Suites, Pool, Security, Concierge
  • Association #2 Fee: 552.0
  • Association #2 Fee Frequency: Monthly
  • Association Name: Palms Place
  • Phone: 702-942-7780
  • Association: Yes
  • Pets Allowed: Number Limit, Size Limit, Yes
  • HOA Fee 3: 24.0

Fee Information

  • Association Fee Includes: Electricity, Sewer, Security, Utilities, Water

Schools

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

Lot Info

  • Additional Parcels Description: ---
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1930.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2023
Closed on
Sep 12, 2023
Sold by
He Min Fen
Bought by
Zou Bai Mei
Seller's Agent
Myra Hatten
Coldwell Banker Premier
Buyer's Agent
Nancy Li
Keller Williams MarketPlace
List Price
$339,888
Sold Price
$323,000
Premium/Discount to List
-$16,888
-4.97%
Views
25
Current Estimated Value
$266,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$56,208
Avg. Annual Appreciation
-8.04%

Purchase Details

Listed on
Jun 13, 2023
Closed on
Sep 9, 2023
Sold by
Panaia James and Panaia Rose
Bought by
Zou Bai Mei
Seller's Agent
Myra Hatten
Coldwell Banker Premier
Buyer's Agent
Nancy Li
Keller Williams MarketPlace
List Price
$339,888
Sold Price
$323,000
Premium/Discount to List
-$16,888
-4.97%
Views
25

Purchase Details

Closed on
Apr 24, 2008
Sold by
Varallo Rosemary
Bought by
Panaia Ellery

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,367
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 2008
Sold by
Palms Place Llc
Bought by
Panaia James and Panaia Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,367
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zou Bai Mei -- Lawyers Title
Zou Bai Mei $323,000 Lawyers Title
Panaia Ellery -- Lawyers Title
Panaia Ellery -- Stewart Title Las Vegas Warm
Panaia James $610,525 Stewart Title Las Vegas Warm
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Panaia James $427,367
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2023 09/13/23 Sold $323,000 -5.0% $525 / Sq Ft
06/14/2023 06/14/23 For Sale $339,888 -- $553 / 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 $2,585 $88,038 $32,505 $55,533
2024 $2,160 $88,038 $32,505 $55,533
2023 $1,574 $81,319 $31,213 $50,106
2022 $1,930 $72,037 $26,478 $45,559
2021 $1,842 $68,924 $24,110 $44,814
2020 $1,879 $69,244 $24,110 $45,134
2019 $1,761 $67,414 $24,110 $43,304
2018 $1,681 $61,082 $17,974 $43,108
2017 $1,813 $61,834 $17,974 $43,860
2016 $1,574 $57,814 $15,575 $42,239
2015 $1,570 $53,728 $15,575 $38,153
2014 $1,521 $51,021 $15,575 $35,446
Source: Public Records

Agents Affiliated with this Home

  • Myra Hatten

    Seller's Agent in 2023

    Myra Hatten

    Coldwell Banker Premier

    (702) 596-2865

    22 in this area

    49 Total Sales

    Myra Hatten
    Section Image
  • Nancy Li

    Buyer's Agent in 2023

    Nancy Li

    Keller Williams MarketPlace

    (702) 353-0529

    4 in this area

    552 Total Sales

    Nancy Li
    Section Image
See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 2502793

Las Vegas REALTORS®

APN: 162-19-511-097

Nevada Clark County Las Vegas 89103 West of the Strip

4381 W Flamingo Rd Unit 1516, Las Vegas, NV

Not Listed for Sale

Detached

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