$403,000
SOLD MAY 24, 2019

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

$330 Per Sq Ft

3% Below List Price

96 Days on Market

Highlights

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

About This Home

As of February 2025

This must see corner unit at Palms Place features 1 bedroom and 2 baths. The 180 degree strip and mountain views from two terraces are fantastic. Designer amenities include marble and wood flooring, SS appliances and a great master bathroom. Three plasma TVs and posh decor. Enjoy all the amenities, restaurants and inner circle membership privileges.

Last Agent to Sell the Property

edwin schumacher

Schumacher Realty Group License #B.0145546 Listed on: 01/17/2019

Last Buyer's Agent

Rick Brenkus

Keller Williams MarketPlace License #BS.0016186

Keller Williams MarketPlace

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,731

Year Built

  • Built in 2006

HOA Fees

Parking

  • Guest Parking

Property Views

  • Las Vegas Strip
  • City
  • Mountain

Interior Spaces

  • 1,220 Sq Ft Home
  • Gas Fireplace
  • Drapes & Rods
  • Living Room with Fireplace

Kitchen

  • Built-In Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Schools

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

Utilities

  • Cooling Available
  • Central Heating
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows with Low Emissivity
  • Terrace
  • Property is in excellent condition

Community Details

Overview

  • Association fees include management, common areas, electricity, gas, insurance, sewer, taxes, trash, water
  • Palms Place Association, Phone Number (702) 362-6262
  • High-Rise Condominium
  • Palms Place A Resort Condo & S Subdivision
  • The community has rules related to covenants, conditions, and restrictions
  • 55-Story Property

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,731

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,099 per month

Listing Details

  • Prop. Type: Residential
  • Subdivision Name: PALMS PLACE A RESORT CONDO & S
  • Directions: From I-15 and Flamingo; West on Flamingo past the Palms hotel. Palms Place is located on the West corner of the property. Proceed to valet.
  • Architectural Style: High Rise
  • Building Name: PALMS PLACE
  • Entry Level: 16
  • Efficiency: Windows
  • Structure Type: High Rise
  • Year Built Details: RESALE
  • Year Built: 2006
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Private Spa: No
  • Appliances: Built-In Electric Oven, Dryer, Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas, Living Room
  • Fireplace: Yes
  • Flooring: Hardwood, Marble
  • Stories: 55
  • Window Features: Drapes, Low Emissivity Windows

Exterior Features

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

Garage/Parking

  • Parking Features: Guest

Utilities

  • Laundry Features: Electric Dryer Hookup, Laundry Closet
  • Security: 24 Hour Security
  • Cooling: Electric, 1 Unit
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Fitness Center, Pool, Spa/Hot Tub, Security
  • Association #2 Fee: 44.0
  • Association #2 Fee Frequency: Annually
  • Association Fee: 1095.0
  • Association Fee Frequency: Monthly
  • Association Name: Palms Place
  • Phone: 702-362-6262
  • Association: Yes
  • Pets Allowed: Number Limit, Size Limit, Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Electricity, Gas, Insurance, Sewer, Taxes, Trash, Water

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: 2731.0

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
$463,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,698
Avg. Annual Appreciation
-1.87%
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
-5.99%

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: 2062795

Las Vegas REALTORS®

APN: 162-19-511-103