NOT LISTED FOR SALE

4381 W Flamingo Rd Unit 3621 Las Vegas, NV 89103

West of the Strip Neighborhood

Estimated Value: $511,000 - $549,000

1 Bed
1.5 Baths
1,220 Sq Ft
$435/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $442,500 $363 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,441/month

63 Days on Market

Highlights

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

About This Home

As of December 2021

Own a piece of Las Vegas in this 36th floor, luxury high-rise unit. Sold as a complete package with all furniture, appliances and TV's included. Features a gas fireplace, 3 separate AC controlled zones, secure owners closet and a retractable privacy wall to separate the living space from the master suite. This is a rare high-rise unit with 2 accessible balconies/terraces with a partial strip view from the living room and a GORGEOUS sunset view over Red Rock Canyon from the bedroom. Palms Place ownership offers valet parking, complimentary access to Drift Spa & fitness center + one guest per owner, use of the 2 resort pools & cabanas, 1 dedicated parking spot year round, and convenient access to Palms Casino & restaurants via the Sky Tube. HOA FEE INCLUDES ALL UTILITIES! Make this your primary residence or use at your leisure and take advantage of Airbnb, onsite property management or the Palm's Resort rental pool to keep revenue coming in when you're away.

Last Listed By

Daniel Mumm

Huntington & Ellis, A Real Est License #S.0176094 Listed on: 09/27/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,545

Year Built

  • Built in 2006

Lot Details

  • 1.05

HOA Fees

  • $1,095 Monthly HOA Fees

Parking

  • 1 Parking Space

Property Views

  • Las Vegas Strip
  • City
  • Mountain

Interior Spaces

  • 1,220 Sq Ft Home
  • Electric Fireplace
  • Tinted Windows
  • Drapes & Rods
  • Living Room with Fireplace
  • Closed Circuit Camera

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

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
  • Terrace
  • Property is in very good condition

Community Details

Overview

  • Association fees include management, clubhouse, internet, security, utilities
  • Terra West 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
  • Business Center
  • Elevator

Recreation

  • Fitness Center
  • Community Indoor Pool
  • Community Spa

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,545

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,095 per month

Listing Details

  • Prop. Type: Residential
  • Subdivision Name: Palms Place A Resort Condo & Spa At The Palms Lv
  • Directions: Building is just west of Palms Resort & Casino. From LV Blvd or 1-15, W on Flamingo to Arville. Building West corner. Palms Place has separate open parking & entrance.
  • Architectural Style: High Rise
  • Building Name: PALMS PLACE
  • Entry Level: 36
  • Efficiency: Windows
  • Structure Type: High Rise
  • Year Built Details: RESALE
  • Year Built: 2006
  • ResoPropertyType: Residential
  • Attribution Contact: 702-583-3030
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Electric, Living Room
  • Fireplace: Yes
  • Living Area: 1220.0
  • Window Features: Drapes, Tinted 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: Resale, Very Good Condition

Garage/Parking

  • Total Parking Spaces: 1.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Business Center, Fitness Center, Indoor Pool, Pool, Spa/Hot Tub, Security, Concierge, Elevator(s)
  • Association Fee: 1095.0
  • Association Fee Frequency: Monthly
  • Association Name: Terra West
  • Phone: 702-362-6262
  • Association: Yes
  • Pets Allowed: Number Limit, Size Limit, Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Clubhouse, Internet, Security, Utilities

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: 3545.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2021
Closed on
Dec 30, 2021
Sold by
Benson Erik W
Bought by
Yan Liping
Seller's Agent
Daniel Mumm
Huntington & Ellis, A Real Est
Buyer's Agent
Ryan Zhu
The Zhu Realty Group, LLC
List Price
$449,900
Sold Price
$442,500
Premium/Discount to List
-$7,400
-1.64%
Total Days on Market
63
Current Estimated Value
$531,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,713
Avg. Annual Appreciation
5.61%
Original Mortgage
$292,500
Outstanding Balance
$272,314
Interest Rate
3.11%
Estimated Equity
$258,899

Purchase Details

Listed on
Sep 27, 2021
Closed on
Dec 27, 2021
Sold by
Sun Kai
Bought by
Yan Liping
Seller's Agent
Daniel Mumm
Huntington & Ellis, A Real Est
Buyer's Agent
Ryan Zhu
The Zhu Realty Group, LLC
List Price
$449,900
Sold Price
$442,500
Premium/Discount to List
-$7,400
-1.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Outstanding Balance
$272,314
Interest Rate
3.11%
Estimated Equity
$258,899

Purchase Details

Listed on
Sep 27, 2021
Closed on
Dec 14, 2021
Sold by
Benson Erik W
Bought by
Yan Liping
Seller's Agent
Daniel Mumm
Huntington & Ellis, A Real Est
Buyer's Agent
Ryan Zhu
The Zhu Realty Group, LLC
List Price
$449,900
Sold Price
$442,500
Premium/Discount to List
-$7,400
-1.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Outstanding Balance
$272,314
Interest Rate
3.11%
Estimated Equity
$258,899

Purchase Details

Closed on
Sep 1, 2016
Sold by
Benson Kristy D
Bought by
Beson Erik W

Purchase Details

Closed on
Aug 11, 2016
Sold by
Palms Place Llc
Bought by
Benson Erik W

Range of Values:

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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
Yan Liping $442,500 First American Title Insu
Yan Liping -- First American Title Insu
Yan Liping $442,500 First American Title
Beson Erik W -- None Available
Benson Erik W $349,000 Nevada Title Las Vegas
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yan Liping $292,500
Closed Yan Liping $292,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $442,500 -1.6% $363 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
09/27/2021 09/27/21 For Sale $449,900 -- $369 / 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 $4,812 $173,473 $68,740 $104,733
2024 $4,228 $173,473 $68,740 $104,733
2023 $4,099 $162,895 $68,740 $94,155
2022 $3,791 $145,237 $60,200 $85,037
2021 $3,503 $140,013 $55,930 $84,083
2020 $3,545 $140,620 $55,930 $84,690
2019 $3,322 $136,902 $55,930 $80,972
2018 $3,170 $119,238 $38,640 $80,598
2017 $3,539 $120,654 $38,640 $82,014
2016 $2,497 $112,131 $33,250 $78,881
2015 $2,492 $106,123 $28,875 $77,248
2014 $2,479 $103,495 $28,875 $74,620
Source: Public Records

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Source: Las Vegas REALTORS®

MLS Number: 2335848

Las Vegas REALTORS®

APN: 162-19-511-458