NOT LISTED FOR SALE

4381 W Flamingo Rd Unit 5119 Las Vegas, NV 89103

West of the Strip Neighborhood

Estimated Value: $289,260 - $326,000

1 Bed
1 Bath
615 Sq Ft
$506/Sq Ft Est. Value

Last Sold August 08, 2024

Last sale price $315,000 $512 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,450/month

313 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • City View
  • Ed W Clark High School Rated A-
  • 24-Hour Security
  • Marble Flooring

About This Home

As of August 2024

Palms Place is a boutique-style condo hotel within the Palms resort complex that is Strip Adjacent. This Studio unit has a southwest view of city lights and mountains. If you are looking for your own place to be a home away from home, this centrally located complex has many amenities; Eleven celebrity chef-inspired restaurants. You can opt into the rental pool when you are not using the property for some income opportunities. This unit is quite spacious and fully furnished with a King Bed, Sofa Bed, Stainless appliances and countertops, Marble Bath surrounds, a Rainfall shower, TV's in the Living Room, Bedroom, and bath.

Last Agent to Sell the Property

Debbie Zois

Keller Williams Realty Las Veg Brokerage Email: info@lasvegashomessold.com License #BS.0015378 Listed on: 08/29/2023

Keller Williams Realty Las Veg

Last Buyer's Agent

Ben Navon

1st Realty License #B.1002308

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,206

Year Built

  • Built in 2006

HOA Fees

  • $562 Monthly HOA Fees

Property Views

  • City
  • Mountain

Home Design

  • Entry on the 51st floor

Interior Spaces

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

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Marble

Parking

  • Guest Parking
  • Open Parking

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, internet, ground maintenance, sewer, utilities, water
  • Terra West Association, Phone Number (702) 362-6262
  • High-Rise Condominium
  • Built by Maloof Dev
  • Palms Place A Resort Condo & Spa At The Palms Lv Subdivision, Studio Floorplan
  • The community has rules related to covenants, conditions, and restrictions
  • 59-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

$2,206

Year Built

Built in 2006

Lot Details

0

HOA Fees

$562 per month

Listing Details

  • Prop. Type: Residential
  • Subdivision Name: Palms Place A Resort Condo & Spa At The Palms Lv
  • Directions: I-15 to Flamingo, West to Palms Place (corner of Flamingo & Arville) There is a self-parking lot out front, Parking garage self park or Valet.
  • Architectural Style: High Rise
  • Building Name: PALMS PLACE
  • Entry Level: 51
  • Efficiency: Windows
  • Structure Type: High Rise
  • Year Built Details: RESALE
  • Year Built: 2006
  • Attribution Contact: info@lasvegashomessold.com
  • 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
  • Flooring: Carpet, Hardwood, Marble
  • Interior Amenities: Ceiling Fan(s), Window Treatments, Programmable Thermostat
  • Living Area: 615.0
  • Stories: 59
  • Window Features: Drapes, Tinted Windows, Window Treatments

Exterior Features

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

Garage/Parking

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

Utilities

  • Laundry Features: None
  • 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, Concierge
  • Association #2 Fee: 562.0
  • Association #2 Fee Frequency: Monthly
  • Association Name: Terra West
  • Phone: 702-362-6262
  • Association: Yes
  • Pets Allowed: Number Limit, Yes

Fee Information

  • Association Fee Includes: Cable TV, Electricity, Internet, Maintenance Grounds, 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: ---

Tax Info

  • Tax Annual Amount: 2206.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2023
Closed on
Jul 1, 2024
Sold by
Fifty One Palms Llc
Bought by
Equity Trust and Laverne Addonizio Ira
Seller's Agent
Debbie Zois
Keller Williams Realty Las Veg
Buyer's Agent
Ben Navon
1st Realty
List Price
$318,000
Sold Price
$315,000
Premium/Discount to List
-$3,000
-0.94%
Views
53
Current Estimated Value
$311,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,935
Avg. Annual Appreciation
-0.87%

Purchase Details

Closed on
Apr 1, 2008
Sold by
Chami George A
Bought by
Fifty One Palms Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,620
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2008
Sold by
Chami Marcia Lynn
Bought by
Chami George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,620
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 2008
Sold by
Palms Place Llc
Bought by
Chami George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,620
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
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
Equity Trust $315,000 Ticor Title
Fifty One Palms Llc -- None Available
Chami George A -- None Available
Chami George -- Stewart Title Of Nevada
Chami George $557,025 Stewart Title Of Nevada
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chami George $445,620
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2024 08/08/24 Sold $315,000 -0.9% $512 / Sq Ft
07/31/2024 07/31/24 For Sale $318,000 0.0% $517 / Sq Ft
07/08/2024 07/08/24 Pending -- -- --
01/10/2024 01/10/24 Price Changed $318,000 -2.2% $517 / Sq Ft
12/06/2023 12/06/23 Price Changed $325,000 -7.1% $528 / Sq Ft
08/29/2023 08/29/23 For Sale $350,000 -- $569 / 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 $2,766 $100,073 $46,830 $53,243
2024 $2,447 $100,073 $46,830 $53,243
2023 $2,382 $94,681 $46,830 $47,851
2022 $2,206 $85,905 $42,525 $43,380
2021 $2,040 $83,198 $40,373 $42,825
2020 $2,037 $83,514 $40,373 $43,141
2019 $1,909 $81,658 $40,373 $41,285
2018 $1,821 $66,684 $25,568 $41,116
2017 $1,977 $67,402 $25,568 $41,834
2016 $1,705 $61,293 $21,000 $40,293
2015 $1,701 $59,153 $21,000 $38,153
2014 $1,648 $54,591 $21,000 $33,591
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2522275

Las Vegas REALTORS®

APN: 162-19-511-541