$465,000
SOLD FEB 13, 2025

4381 W Flamingo Rd Unit 1601 Las Vegas, NV 89103

West of the Strip Neighborhood
1 Bed
1.5 Baths
1,220 Sq Ft
1.05 Acres

Recently Sold

$381 Per Sq Ft

1% Below List Price

5 Days on Market

Highlights

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

About This Home

As of February 2025

This corner unit at Palms Place offers one of the best-priced opportunities to experience high-rise casino living! Fully furnished, the one-bedroom boasts incredible views of the Strip, mountains, and city skyline. With two balconies, you'll enjoy breathtaking scenes right from your home. Priced to move, this unit is a fantastic deal at Palms Place. Imagine the excitement of living in the heart of Vegas, surrounded by the thrill of the casino lifestyle. Don’t miss out—contact the agent today to schedule your showing! It's currently the most affordable one-bedroom available at Palms!

Last Agent to Sell the Property

Tanner Johnson

Ideal Homes Realty LLC Brokerage Phone: 702-209-2354 License #BS.0146392 Listed on: 01/18/2025

Last Buyer's Agent

Elizabeth Brager

Elite Realty License #S.0066849

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,743

Year Built

  • Built in 2006

HOA Fees

Parking

  • Guest Parking

Property Views

  • Las Vegas Strip
  • City
  • Mountain

Interior Spaces

  • 1,220 Sq Ft Home
  • Furnished
  • Gas Fireplace
  • Tinted Windows
  • Blinds
  • Drapes & Rods
  • Living Room with Fireplace

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Carpet
  • Marble
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Windows with Low Emissivity
  • Energy-Efficient HVAC

Schools

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

Utilities

  • Cooling Available
  • High Efficiency Heating System
  • Programmable Thermostat

Additional Features

  • Terrace
  • Property is in average condition

Community Details

Overview

  • Association fees include electricity, internet, security, utilities, water
  • Palms Place Association, Phone Number (702) 362-6262
  • 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
  • Valet Parking
  • Business Center

Recreation

  • Fitness Center
  • Community Pool

Security

  • 24-Hour Security
  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,743

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,600 per month

Listing Details

  • Prop. Type: Residential
  • Subdivision Name: Palms Place A Resort Condo & Spa At The Palms Lv
  • Directions: West on Flamingo Road from Las Vegas Blvd to Ariville and Flamingo to Palms Place on the corner. Park in open parking or valet.
  • Architectural Style: High Rise
  • Building Name: PALMS PLACE
  • Entry Level: 16
  • Efficiency: Windows, HVAC
  • Structure Type: High Rise
  • Year Built Details: RESALE
  • Year Built: 2006
  • ResoPropertyType: Residential
  • Attribution Contact: 702-209-2354
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas, Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl, Luxury VinylPlank, Marble
  • Interior Amenities: Window Treatments, Programmable Thermostat
  • Living Area: 1220.0
  • Window Features: Blinds, Drapes, Low-Emissivity Windows, Tinted Windows, Window Treatments

Exterior Features

  • Pool Features: Association, Community
  • Pool Private: No
  • View: City, Mountain(s), Strip View
  • View: Yes
  • Disclosures: Covenants/Restrictions Disclosure
  • Home Warranty: No
  • Construction Type: Drywall
  • Patio And Porch Features: Terrace
  • Property Condition: Average Condition, Resale

Garage/Parking

  • Parking Features: Valet, Guest

Utilities

  • Laundry Features: Electric Dryer Hookup, Laundry Room
  • Security: Floor Access Control, 24 Hour Security, Security Guard, Gated Community
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric, High Efficiency
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Business Center, Fitness Center, Gated, Pool, Guard, Security, Concierge
  • Association #2 Fee: 44.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 1556.0
  • Association Fee Frequency: Monthly
  • Association Name: Palms Place
  • Phone: 702-362-6262
  • Association: Yes
  • Pets Allowed: Number Limit, Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Electricity, Internet, 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: 3743.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2025
Closed on
Feb 10, 2025
Sold by
Lee Larry and Lee Celia
Bought by
Palm Place Investment Property Llc
Seller's Agent
Tanner Johnson
Ideal Homes Realty LLC
Buyer's Agent
Elizabeth Brager
Elite Realty
List Price
$468,000
Sold Price
$465,000
Premium/Discount to List
-$3,000
-0.64%
Views
5
Current Estimated Value
$460,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,027
Avg. Annual Appreciation
-2.45%
Original Mortgage
$302,250
Outstanding Balance
$301,744
Interest Rate
6.91%
Mortgage Type
Seller Take Back
Estimated Equity
$159,229

Purchase Details

Closed on
Aug 20, 2024
Sold by
Lee Family Trust and Lee Larry
Bought by
Lee Larry and Lee Celia

Purchase Details

Listed on
Mar 4, 2024
Closed on
Jun 4, 2024
Sold by
Vampan Daniel Zev and Black Taylor Dewitt
Bought by
Lee Family Trust and Lee
Seller's Agent
Jonathan Magno
North American Realty of NV
Buyer's Agent
Tammy Tsai Bowen
Ideal Homes Realty LLC
List Price
$494,500
Sold Price
$494,900
Premium/Discount to List
$400
0.08%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.60%

Purchase Details

Listed on
Jan 3, 2022
Closed on
Apr 5, 2022
Sold by
Alibi Enterprises Llc
Bought by
Vampan Daniel Zev and Black Taylor Dewitt
Seller's Agent
Ellie Shefler
Luxury Estates International
Buyer's Agent
Jonathan Magno
North American Realty of NV
List Price
$415,000
Sold Price
$399,000
Premium/Discount to List
-$16,000
-3.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.44%
Original Mortgage
$299,250
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 17, 2019
Closed on
May 24, 2019
Sold by
Mas Micro Systems Llc
Bought by
Alibi Enterprises Llc
Seller's Agent
edwin schumacher
Schumacher Realty Group
Buyer's Agent
Rick Brenkus
Keller Williams MarketPlace
List Price
$415,000
Sold Price
$403,000
Premium/Discount to List
-$12,000
-2.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.35%

Purchase Details

Closed on
Feb 3, 2016
Sold by
Palms Place Llc
Bought by
Mas Micro Systems Llc
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 $465,000 Lawyers Title
Bargain Sale Deed -- None Listed On Document
Bargain Sale Deed $494,500 Lawyers Title
Bargain Sale Deed $399,000 Fidelity National Title
Bargain Sale Deed $403,000 Ticor Title Las Vegas Dur
Bargain Sale Deed $285,000 Nevada Title Las Vegas
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $302,250 Seller Take Back
Previous Owner $299,250 New Conventional
Previous Owner $60,000,000 Credit Line Revolving
Previous Owner $90,000,000 Unknown
Previous Owner $402,073,273 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2025 02/13/25 Sold $465,000 -0.6% $381 / Sq Ft
01/23/2025 01/23/25 Pending -- -- --
01/18/2025 01/18/25 For Sale $468,000 -5.4% $384 / Sq Ft
06/06/2024 06/06/24 Sold $494,900 +0.1% $406 / Sq Ft
05/28/2024 05/28/24 Pending -- -- --
05/27/2024 05/27/24 For Sale $494,500 0.0% $405 / Sq Ft
05/11/2024 05/11/24 Pending -- -- --
05/03/2024 05/03/24 Price Changed $494,500 -1.1% $405 / Sq Ft
03/22/2024 03/22/24 Price Changed $499,999 -1.9% $410 / Sq Ft
03/08/2024 03/08/24 Price Changed $509,900 -1.0% $418 / Sq Ft
03/04/2024 03/04/24 For Sale $514,900 +29.0% $422 / Sq Ft
04/07/2022 04/07/22 Sold $399,000 -3.9% $327 / Sq Ft
03/08/2022 03/08/22 Pending -- -- --
01/03/2022 01/03/22 For Sale $415,000 +3.0% $340 / Sq Ft
05/24/2019 05/24/19 Sold $403,000 -2.9% $330 / Sq Ft
04/24/2019 04/24/19 Pending -- -- --
01/17/2019 01/17/19 For Sale $415,000 -- $340 / 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 $4,428 $159,042 $54,740 $104,302
2024 $3,872 $159,042 $54,740 $104,302
2023 $3,743 $148,474 $54,740 $93,734
2022 $3,457 $130,857 $46,200 $84,657
2021 $3,192 $125,654 $41,930 $83,724
2020 $3,262 $126,263 $41,930 $84,333
2019 $3,057 $122,552 $41,930 $80,622
2018 $2,917 $111,896 $31,640 $80,256
2017 $3,323 $113,308 $31,640 $81,668
2016 $2,731 $104,797 $26,250 $78,547
2015 $2,312 $98,780 $21,875 $76,905
2014 $2,348 $91,595 $21,875 $69,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2647683

Las Vegas REALTORS®

APN: 162-19-511-103