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. The beautiful unit has all the amenities in place for the greatest AirBnB system for income!!
Terra West Association, Phone Number (702) 362-6262
High-Rise Condominium
Palms Place A Resort Condo & Spa At The Palms Lv Subdivision
Recreation
Fitness Center
Community Pool
Community Spa
Security
24-Hour Security
Home Details
Home Type
Single Family
Est. Annual Taxes
$4,108
Year Built
Built in 2006
Lot Details
0
HOA Fees
$1,547 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
ResoPropertyType: Residential
Attribution Contact: 702-835-8855
Special Features: VirtualTour
Property Sub Type: Detached
Year Built: 2006
Interior Features
Furnished: Furnished
Private Spa: No
Appliances: Built-In Electric Oven, Dryer, Dishwasher, Disposal, Microwave, Refrigerator
Full Bathrooms: 1
Half Bathrooms: 1
Possible Bedrooms: 1
Total Bedrooms: 1
Fireplace Features: Electric, Living Room
Fireplace: Yes
Interior Amenities: Programmable Thermostat
Living Area: 1220.0
Window Features: Drapes, Tinted Windows
Exterior Features
Pool Features: Community
Pool Private: No
View: City, Mountain(s)
View: Yes
Home Warranty: No
Patio And Porch Features: Terrace
Property Condition: Excellent, Resale
Garage/Parking
Parking Features: Assigned, Covered, Guest
Utilities
Laundry Features: Electric Dryer Hookup, Laundry Closet
Security: 24 Hour Security, Security Guard
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: Fitness Center, Pool, Spa/Hot Tub, Security
Association Fee: 1547.0
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
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
Rental Info
Land Lease Amount: 2300.0
Tax Info
Tax Annual Amount: 4108.0
Ownership History
DateNameOwned ForOwner Type
Dec 2024 - PresentRoyal 5121 Llc8 Months
Company
Purchase Details
Listed on
Jul 21, 2024
Closed on
Dec 12, 2024
Sold by
Kenmei Usa Inc
Bought by
Royal 5121 Llc
Seller's Agent
Ying Liu
Century 21 1st Priority Realty
Buyer's Agent
haoran gao
Keller Williams MarketPlace
List Price
$583,000
Sold Price
$541,500
Premium/Discount to List
-$41,500
-7.12%
Views
7
Current Estimated Value
$536,205
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,295
Avg. Annual Appreciation
-1.83%
Original Mortgage
$324,900
Outstanding Balance
$323,785
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$211,942
Dec 2023 - Dec 2024Chen Lee Mei-Tzu1 Year
Private Individual
Purchase Details
Listed on
Aug 29, 2023
Closed on
Dec 6, 2023
Sold by
Fifty-One Palms Llc
Bought by
Chen Lee Mei-Tzu
Seller's Agent
Debbie Zois
Keller Williams Realty Las Veg
Buyer's Agent
Ying Liu
Century 21 1st Priority Realty
List Price
$550,000
Sold Price
$520,000
Premium/Discount to List
-$30,000
-5.45%
Views
432
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.79%
Apr 2008 - Dec 2023Fifty One Palms Llc15 Years and 8 Months
Company
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
$814,160
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Mar 2008 - Apr 2008Chami George1 Month
Private Individual
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
$814,160
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Mar 2008 - Mar 2008Chami GeorgeLess than a month
Private Individual
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.
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Average Value
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List Price
Sold Price
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Tax AssessmentTax 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.
This home is located at 4381 W Flamingo Rd Unit 5121, Las Vegas, NV 89103 and is currently priced at $541,500, approximately $443 per square foot. This property was built in 2006. 4381 W Flamingo Rd Unit 5121 is a home located in Clark County with nearby schools including Joseph E Thiriot Elementary School, Grant Sawyer Middle School, and Ed W Clark High School.
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