NOT LISTED FOR SALE

4381 W Flamingo Rd Unit 5116 Las Vegas, NV 89103

West of the Strip Neighborhood

Estimated Value: $314,000 - $337,000

1 Bed
1 Bath
615 Sq Ft
$525/Sq Ft Est. Value

Last Sold February 22, 2024

Last sale price $345,000 $561 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,487/month

30 Days on Market

Highlights

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

About This Home

As of February 2024

51st floor Strip View Studio, located in AAA Four Diamond Palms Place Resort & Spa. 1.2 miles from the Strip, centrally located with easy access to dining, shopping, and entertainment. World class amenities including spa, fitness center, & onsite dining. Fully furnished with king bed, sleeper sofa, 2 tvs, rainfall shower, jetted tub, and kitchen w stainless appliances.

Last Agent to Sell the Property

Ellie Shefler

Luxury Estates International Brokerage Email: Ellie@LuxuryEstates.com License #BS.0145267 Listed on: 12/11/2023

Last Buyer's Agent

Steven Khalilzadegan

Savi Realty LLC License #B.1001202

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,802

Year Built

  • Built in 2006

Lot Details

  • 1.05

HOA Fees

  • $552 Monthly HOA Fees

Parking

  • Guest Parking

Property Views

  • Las Vegas Strip
  • City
  • Mountain

Home Design

  • Entry on the 51st floor

Interior Spaces

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

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Schools

  • Thiriot 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
  • Terrace
  • Property is in good condition

Community Details

Overview

  • Association fees include cable TV, electricity, gas, internet, sewer, utilities, water
  • Terra West 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
  • 58-Story Property

Amenities

  • Concierge
  • Valet Parking
  • Business Center

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,802

Year Built

Built in 2006

Lot Details

0

HOA Fees

$552 per month

Listing Details

  • Prop. Type: Residential
  • Subdivision Name: PALMS PLACE A RESORT CONDO & S
  • Directions: From I-15, take Flamingo, head West to Palms Place on the corner of Flamingo and Arville. You can either valet or self park.
  • Architectural Style: High Rise
  • Building Name: PALMS PLACE
  • Entry Level: 51
  • Efficiency: Windows
  • Structure Type: High Rise
  • Year Built Details: RESALE
  • Year Built: 2006
  • ResoPropertyType: Residential
  • Attribution Contact: Ellie@LuxuryEstates.com
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Marble
  • Interior Amenities: Window Treatments, Programmable Thermostat
  • Living Area: 615.0
  • Stories: 58
  • 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: Good Condition, Resale

Garage/Parking

  • Parking Features: Valet, Guest

Utilities

  • Laundry Features: None
  • Security: Closed Circuit Camera(s), 24 Hour Security, Security Guard
  • Cooling: Electric, 1 Unit
  • Cooling Y N: Yes
  • Heating: Central, Electric, Individual
  • 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, Concierge
  • Association #2 Fee: 552.0
  • Association #2 Fee Frequency: Monthly
  • 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: Cable TV, Electricity, Gas, Internet, Sewer, 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: 1802.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2023
Closed on
Feb 14, 2024
Sold by
David Faria and David Gail Feria
Bought by
Gearen Joseph Scott
Seller's Agent
Ellie Shefler
Luxury Estates International
Buyer's Agent
Steven Khalilzadegan
Savi Realty LLC
List Price
$350,000
Sold Price
$345,000
Premium/Discount to List
-$5,000
-1.43%
Views
30
Current Estimated Value
$323,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,911
Avg. Annual Appreciation
-3.83%
Original Mortgage
$224,250
Outstanding Balance
$220,324
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$102,765

Purchase Details

Closed on
Jan 30, 2018
Sold by
Faria David
Bought by
Faria David and Faria Gail

Purchase Details

Listed on
May 14, 2013
Closed on
Jun 1, 2013
Sold by
Chouinard Brad and Restell Troy
Bought by
Faria David
Seller's Agent
Bill Hall
Realty ONE Group, Inc
Buyer's Agent
Michael Shankman
Award Realty
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.34%

Purchase Details

Closed on
Sep 20, 2012
Sold by
Seidner Rick and Seidner Jennifer
Bought by
Restell Troy and Chouinard Brad

Purchase Details

Closed on
Apr 13, 2010
Sold by
Sunset 51 Llc
Bought by
Seidner Rick and Seidner Jennifer

Purchase Details

Closed on
Oct 14, 2009
Sold by
Micone Michael A
Bought by
Sunset 51 Llc

Purchase Details

Closed on
Oct 13, 2009
Sold by
Micone Michael A and Micone Kerstan D
Bought by
The Michael A Micone Trust

Purchase Details

Closed on
Feb 28, 2008
Sold by
Palms Place Llc
Bought by
Micone Michael A and Micone Kerstan
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gearen Joseph Scott $345,000 First American Title
Faria David -- None Available
Faria David $215,000 Lawyers Title Of Nevada
Restell Troy -- Lawyers Title Of Nevada R
Chouinard Brand -- Lawyer Title Of Nevada R
Restell Troy $192,000 Lawyers Title Of Nevada Vil
Seidner Rick $200,000 Nevada Title Las Vegas
Sunset 51 Llc -- None Available
The Michael A Micone Trust -- None Available
Micone Michael A $595,490 Stewart Title Of Nevada
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gearen Joseph Scott $224,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/22/2024 02/22/24 Sold $345,000 -1.4% $561 / Sq Ft
01/11/2024 01/11/24 Pending -- -- --
01/08/2024 01/08/24 For Sale $350,000 0.0% $569 / Sq Ft
12/30/2023 12/30/23 Pending -- -- --
12/11/2023 12/11/23 For Sale $350,000 +62.8% $569 / Sq Ft
06/05/2013 06/05/13 Sold $215,000 -4.4% $350 / Sq Ft View Prior Sale
05/14/2013 05/14/13 For Sale $225,000 -- $366 / 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 $2,922 $106,238 $50,705 $55,533
2024 $2,585 $106,238 $50,705 $55,533
2023 $2,517 $99,519 $49,413 $50,106
2022 $2,331 $90,237 $44,678 $45,559
2021 $2,155 $87,124 $42,310 $44,814
2020 $2,152 $87,444 $42,310 $45,134
2019 $2,017 $85,614 $42,310 $43,304
2018 $1,924 $70,182 $27,074 $43,108
2017 $2,080 $70,934 $27,074 $43,860
2016 $1,802 $64,814 $22,575 $42,239
2015 $1,797 $60,728 $22,575 $38,153
2014 -- $66,491 $22,575 $43,916
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2024

    Ellie Shefler

    Luxury Estates International

    (702) 201-8621

    67 in this area

    95 Total Sales

    Ellie Shefler
    Section Image
  • Steven Khalilzadegan

    Buyer's Agent in 2024

    Steven Khalilzadegan

    Savi Realty LLC

    (702) 810-6039

    10 in this area

    59 Total Sales

    Steven Khalilzadegan
    Section Image

  • B

    Seller's Agent in 2013

    Bill Hall

    Realty ONE Group, Inc

    1 in this area

    40 Total Sales

    Bill Hall
    Section Image

  • M

    Buyer's Agent in 2013

    Michael Shankman

    Award Realty

    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 2546777

Las Vegas REALTORS®

APN: 162-19-511-539

Nevada Clark County Las Vegas 89103 West of the Strip

4381 W Flamingo Rd Unit 5116, Las Vegas, NV

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