NOT LISTED FOR SALE

4381 W Flamingo Rd Unit 5001 Las Vegas, NV 89103

West of the Strip Neighborhood

Estimated Value: $544,000 - $575,000

1 Bed
1.5 Baths
1,220 Sq Ft
$463/Sq Ft Est. Value

Last Sold February 13, 2023

Last sale price $525,000 $430 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,638/month

68 Days on Market

Highlights

  • Valet Parking
  • Fitness Center
  • View of Las Vegas Strip
  • Ed W Clark High School Rated A-
  • 24-Hour Security
  • Furnished

About This Home

As of February 2023

Luxury living at it's finest! This spectacular one-of-a-kind luxury 50th-floor condo has a huge wrap around balcony. Enjoy gorgeous Las Vegas Strip, City, and Mountain Views! Loaded with luxurious amenities... pool, spa, fitness center, valet, concierge, dining, shopping, room service, & entertainment options. Fully furnished, custom counter top with copper accents, stainless steel appliances, & a beautifully finished fireplace, are just some of the features. Enjoy an unobstructed view of breathtaking sunsets from your bedroom, which features floor-to-ceiling windows, an oversized balcony, a king-size bed, and a luxurious soaker bathtub. Washer and dryer in the unit are included, plus the property offers fluff and fold and dry cleaning options. The Palms Place condos can be used for short term rentals (such as AirB&B or VRBO Rental Programs), long-term rentals, or for private use. Conveniently located near the Las Vegas Strip, fwy, airport, and lots of shipping & dining.

Last Listed By

Edie Rodriguez

eXp Realty License #S.0175955 Listed on: 12/06/2022

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,818

Year Built

  • Built in 2006

Lot Details

  • 1.05

HOA Fees

Property Views

  • Las Vegas Strip
  • City
  • Mountain

Interior Spaces

  • 1,220 Sq Ft Home
  • Furnished
  • Gas Fireplace
  • Insulated 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

Parking

  • Guest Parking
  • Open Parking

Outdoor Features

  • Terrace
  • Fire Pit

Schools

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

Utilities

  • Cooling Available
  • Central Heating
  • Programmable Thermostat
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows
  • Property is in good condition

Community Details

Overview

  • Association fees include electricity, internet, sewer, utilities, water
  • Tera West Association, Phone Number (702) 942-7078
  • High-Rise Condominium
  • Palms Place A Resort Condo & Spa At The Palms Lv Subdivision

Amenities

  • Valet Parking
  • Business Center

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,818

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 & Spa At The Palms Lv
  • Directions: From I-15, take exit 38/ Flamingo Rd, go west on W Flamingo Rd. Palms Place is the far west tower near the intersection of Flamingo Rd/ Arville.
  • Architectural Style: High Rise
  • Building Name: PALMS PLACE
  • Entry Level: 50
  • 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

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas, Living Room
  • Fireplace: Yes
  • Interior Amenities: Programmable Thermostat
  • Living Area: 1220.0
  • Window Features: Drapes, Insulated Windows

Exterior Features

  • Pool Features: Community
  • Pool Private: No
  • View: City, Mountain(s), Strip View
  • View: Yes
  • Home Warranty: No
  • Exterior Features: Fire Pit
  • Patio And Porch Features: Terrace
  • Property Condition: Good Condition, Resale

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Open, Valet, Guest

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

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Business Center, Fitness Center, Pool, Spa/Hot Tub, Security
  • Association #2 Fee: 1095.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 42.0
  • Association Fee Frequency: Annually
  • Association Name: Tera West
  • Phone: 702-942-7078
  • Association: Yes
  • Pets Allowed: Number Limit, Yes
  • ResoAssociationFeeFrequency: Annually

Fee Information

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

Schools

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

Lot Info

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

Rental Info

  • Land Lease Amount: 1.0

Tax Info

  • Tax Annual Amount: 3818.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2022
Closed on
Feb 11, 2023
Sold by
Cates Daniel
Bought by
Dustin W Detrick And Laura C Montoya Living T
Seller's Agent
Edie Rodriguez
eXp Realty
Buyer's Agent
Cody Lewis
eXp Realty
List Price
$530,000
Sold Price
$525,000
Premium/Discount to List
-$5,000
-0.94%
Total Days on Market
68
Views
2
Current Estimated Value
$565,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,438
Avg. Annual Appreciation
3.40%

Purchase Details

Listed on
Apr 15, 2018
Closed on
Nov 23, 2018
Sold by
Resnick Jj
Bought by
Cates Daniel
Seller's Agent
Ralph Rodriguez
eXp Realty
Buyer's Agent
Cindy Nguyen
Simply Vegas
List Price
$460,000
Sold Price
$420,000
Premium/Discount to List
-$40,000
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.43%

Purchase Details

Closed on
Jan 23, 2017
Sold by
Resnick Candy
Bought by
Resnick Jj

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,250
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2016
Sold by
Raje Lp
Bought by
Resnick J J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,250
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2008
Sold by
Palms Place Llc
Bought by
Raje Lp

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
Dustin W Detrick And Laura C Montoya Living T $525,000 Fidelity National Title
Cates Daniel $420,000 First American Title
Resnick Jj -- First America Title Ins
Resnick J J $355,000 First American Title Ins
Raje Lp $1,057,560 Stewart Title Las Vegas Warm
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Resnick Jj $266,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2023 02/13/23 Sold $525,000 -0.9% $430 / Sq Ft
12/06/2022 12/06/22 For Sale $530,000 +26.2% $434 / Sq Ft
11/26/2018 11/26/18 Sold $420,000 -8.7% $344 / Sq Ft
10/27/2018 10/27/18 Pending -- -- --
04/15/2018 04/15/18 For Sale $460,000 -- $377 / 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 $4,843 $179,348 $71,540 $107,808
2024 $4,256 $179,348 $71,540 $107,808
2023 $4,127 $168,701 $71,540 $97,161
2022 $3,818 $150,753 $63,000 $87,753
2021 $3,528 $145,382 $58,730 $86,652
2020 $3,568 $145,968 $58,730 $87,238
2019 $3,344 $142,200 $58,730 $83,470
2018 $3,191 $123,087 $40,040 $83,047
2017 $3,652 $124,522 $40,040 $84,482
2016 $2,986 $114,513 $33,250 $81,263
2015 $2,980 $108,571 $28,875 $79,696
2014 $2,894 $105,875 $28,875 $77,000
Source: Public Records

Agents Affiliated with this Home

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Source: Las Vegas REALTORS®

MLS Number: 2458254

Las Vegas REALTORS®

APN: 162-19-511-511