$275,000
SOLD JAN 10, 2025

4381 W Flamingo Rd Unit 1612 Las Vegas, NV 89103

West of the Strip Neighborhood
-- Bed
1 Bath
615 Sq Ft
1.05 Acres

Recently Sold

$447 Per Sq Ft

8% Below List Price

147 Days on Market

Highlights

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

About This Home

As of January 2025

World Famous Palms Place*This Fully Furnished Studio with Private Balcony, on the 16th floor, showcases Breathtaking Panoramic views of the Las Vegas Strip, City and Mountains Plus the Pool Below* These Views Stretch from Downtown Vegas all the way to RAIDERS Stadium*Super High End Unit*Kitchen features Commercial Appliances, 2 burner cooktop, stainless steel built-in refrigerator, dishwasher, and Builtin Desk*Bathroom has Marble finishes throughout*Rain Shower*Jetted Tub*Experience Palms Place lavish amenities, onsite management, top-notch security, rental services and a resort-style pool/spa. Enjoy exquisite culinary delights onsite at the bar and restaurant. Right next door is the Palms Place Casino, for any additional needs/wants. This Unit provides an excellent opportunity to generate income while enjoying the perks of ownership. The future owner has flexible options: join Palms rental program, list on Airbnb, or keep the residence for personal use*Buyer To Verify all Info*

Last Agent to Sell the Property

Roger Ayala

LIFE Realty District Brokerage Phone: (702) 493-8484 License #B.0143368 Listed on: 08/16/2024

LIFE Realty District

Last Buyer's Agent

Mariel Pamintuan-Esguerra

Huntington & Ellis, A Real Est License #S.0183587

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,113

Year Built

  • Built in 2006

HOA Fees

Property Views

  • Las Vegas Strip
  • City

Home Design

  • Entry on the 16th floor

Interior Spaces

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

Kitchen

  • Built-In Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Laundry

  • Laundry closet
  • Electric Dryer Hookup

Schools

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

Utilities

  • Cooling Available
  • Central Heating

Additional Features

  • Terrace
  • Property is in good condition

Community Details

Overview

  • Association fees include management, cable TV, internet, ground maintenance, security, utilities
  • Palms Place II 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
  • Clubhouse
  • Business Center

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,113

Year Built

Built in 2006

Lot Details

0

HOA Fees

$802 per month

Listing Details

  • Prop. Type: Residential
  • Subdivision Name: Palms Place A Resort Condo & Spa At The Palms Lv
  • Directions: From Flamingo Rd & Arville St, head South on Arville St, Turn right onto Palms Place parking lot.
  • Architectural Style: High Rise
  • Building Name: PALMS PLACE
  • Entry Level: 16
  • Structure Type: High Rise
  • Year Built Details: RESALE
  • Year Built: 2006
  • ResoPropertyType: Residential
  • Attribution Contact: (702) 493-8484
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Built-In Electric Oven, Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator, Stainless Steel Appliance(s)
  • Full Bathrooms: 1
  • Fireplace: No
  • Living Area: 615.0
  • Window Features: Drapes

Exterior Features

  • Pool Features: Association, Community
  • Pool Private: No
  • View: City, Strip View
  • View: Yes
  • Disclosures: Covenants/Restrictions Disclosure
  • Home Warranty: No
  • Patio And Porch Features: Terrace
  • Property Condition: Good Condition, Resale

Garage/Parking

  • Parking Features: Valet

Utilities

  • Laundry Features: Electric Dryer Hookup, Laundry Closet
  • Security: Closed Circuit Camera(s), 24 Hour Security
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Business Center, Clubhouse, Fitness Center, Pool, Spa/Hot Tub, Security, Concierge
  • Association #2 Fee: 23.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 779.0
  • Association Fee Frequency: Monthly
  • Association Name: Palms Place II
  • Phone: 702-362-6262
  • Association: Yes
  • Pets Allowed: Number Limit, Size Limit, Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Internet, Maintenance Grounds, Security, Utilities

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: 2113.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2024
Closed on
Jan 9, 2025
Sold by
Patrick Kenneth Walls Separate Property and Walls Patrick Kenneth
Bought by
Elkin Jason
Seller's Agent
Roger Ayala
LIFE Realty District
Buyer's Agent
Mariel Pamintuan-Esguerra
Huntington & Ellis, A Real Est
List Price
$299,777
Sold Price
$275,000
Premium/Discount to List
-$24,777
-8.27%
Views
12
Current Estimated Value
$272,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,295
Avg. Annual Appreciation
-1.04%

Purchase Details

Closed on
Sep 30, 2015
Sold by
Ko Sam and Ko Francesca
Bought by
Walls Patrick Kenneth

Purchase Details

Closed on
Oct 16, 2012
Sold by
Melwani Murli U and Melwani Angelina M
Bought by
Ko Sam and Ko Francesca

Purchase Details

Closed on
Oct 16, 2011
Sold by
Melwani Murli U and Melwani Angeline M
Bought by
Melwani Murli U and Melwani Angeline M

Purchase Details

Closed on
Mar 12, 2008
Sold by
Palms Place Llc
Bought by
Melwani Murli U and Melwani Angeline M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,104
Interest Rate
5.38%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Bargain Sale Deed $275,000 Chicago Title Of Nevada
Bargain Sale Deed $172,000 Nevada Title Las Vegas
Bargain Sale Deed $145,000 Ticor Title Las Vegas
Interfamily Deed Transfer -- Nevada Title Las Vegas
Bargain Sale Deed $645,131 Stewart Title Las Vegas Warm
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $516,104 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2025 01/10/25 Sold $275,000 -1.1% $447 / Sq Ft
10/04/2024 10/04/24 Price Changed $277,999 -3.8% $452 / Sq Ft
09/18/2024 09/18/24 Price Changed $288,888 -3.6% $470 / Sq Ft
08/16/2024 08/16/24 For Sale $299,777 -- $487 / 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 $2,493 $88,800 $33,205 $55,595
2024 $2,184 $88,800 $33,205 $55,595
2023 $2,113 $82,079 $31,913 $50,166
2022 $1,952 $72,791 $27,178 $45,613
2021 $1,848 $69,675 $24,810 $44,865
2020 $1,881 $69,995 $24,810 $45,185
2019 $1,763 $68,163 $24,810 $43,353
2018 $1,682 $61,481 $18,324 $43,157
2017 $1,825 $62,233 $18,324 $43,909
2016 $1,575 $57,862 $15,575 $42,287
2015 $1,571 $53,728 $15,575 $38,153
2014 $1,522 $51,616 $15,575 $36,041
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2609096

Las Vegas REALTORS®

APN: 162-19-511-113