$565,000
SOLD JAN 28, 2025

4381 W Flamingo Rd Unit 5201 Las Vegas, NV 89103

West of the Strip Neighborhood
1 Bed
1.5 Baths
1,220 Sq Ft
1.05 Acres

Recently Sold

$463 Per Sq Ft

2% Below List Price

9 Days on Market

Highlights

  • Concierge
  • City View
  • Terrace
  • Ed W Clark High School Rated A-
  • Furnished
  • Community Pool

About This Home

As of January 2025

Welcome to this exceptional Fully Furnished Luxury Condo at Palms Place Resort and Spa. This One-Bedroom, 1.5-bath condo is on the 52nd floor of the prestigious Palms Place Resort and Spa. This unit offers 1,220 sqft of private, contemporary living space with a wraparound balcony showcasing unmatched views of the Las Vegas skyline, Strip, and mountains. Brand-new sofa, carpet and TVs making it truly move-in ready. Hot Prime Location is only minutes from the Las Vegas Strip, T-Mobile Arena, and Allegiant Stadium, this property offers convenient access to the best of Las Vegas. Owners can use this condo as a private residence, or a short-term rental. This unit is currently being utilized as a short-term rental and is easy to show by appointment only. Don't miss this incredible opportunity for highrise luxury living or a high-performing investment property in the heart of Las Vegas!

Last Agent to Sell the Property

Alexio Ramirez

Simply Vegas Brokerage Phone: (702) 415-0052 License #S.0173470 Listed on: 01/03/2025

Last Buyer's Agent

Alexio Ramirez

Simply Vegas Brokerage Phone: (702) 415-0052 License #S.0173470 Listed on: 01/03/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,909

Year Built

  • Built in 2006

HOA Fees

  • $1,547 Monthly HOA Fees

Parking

  • Guest Parking

Property Views

  • City
  • Mountain

Home Design

  • Entry on the 52nd floor

Interior Spaces

  • 1,220 Sq Ft Home
  • Furnished
  • Gas Fireplace
  • 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 Elementary School
  • Sawyer Grant Middle School
  • Clark Ed. W. High School

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Wall Furnace
  • Programmable Thermostat

Additional Features

  • Terrace
  • Property is in excellent condition

Community Details

Overview

  • Association fees include management, cable TV, ground maintenance
  • Terra West Association, Phone Number (702) 944-3413
  • 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
  • Valet Parking
  • Elevator

Recreation

  • Community Pool

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,909

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: Exit at I-15 West Flaming Road to Arville. The Building is located the South East corner of Flamingo & Arville. Valet at the building or park near by.
  • Architectural Style: High Rise
  • Building Name: PALMS PLACE
  • Entry Level: 52
  • Structure Type: High Rise
  • Year Built Details: RESALE
  • Year Built: 2006
  • ResoPropertyType: Residential
  • Attribution Contact: (702) 415-0052
  • 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, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas, Living Room
  • Fireplace: Yes
  • Interior Amenities: Window Treatments, Programmable Thermostat
  • Living Area: 1220.0
  • Window Features: Drapes, Window Treatments

Exterior Features

  • Pool Features: Association
  • Pool Private: No
  • View: City, Mountain(s)
  • View: Yes
  • Disclosures: Covenants/Restrictions Disclosure
  • Home Warranty: No
  • Patio And Porch Features: Terrace
  • Property Condition: Excellent, Resale

Garage/Parking

  • Parking Features: Valet, Guest

Utilities

  • Laundry Features: Electric Dryer Hookup, Laundry Closet
  • Security: Closed Circuit Camera(s), Security Guard
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Gas, Wall Furnace
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Pool, Pet Restrictions, Security, Concierge, Elevator(s)
  • Association Fee: 1547.0
  • Association Fee Frequency: Monthly
  • Association Name: Terra West
  • Phone: 702-944-3413
  • Association: Yes
  • Pets Allowed: Breed Restrictions, Number Limit, Size Limit, Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Maintenance Grounds

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: 4909.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2025
Closed on
Jan 21, 2025
Sold by
Deck Of 52 Llc and Deck Of 52 With A View Llc
Bought by
Legacy Investment And Property Llc
Seller's Agent
Alexio Ramirez
Simply Vegas
Buyer's Agent
Alexio Ramirez
Simply Vegas
List Price
$575,000
Sold Price
$565,000
Premium/Discount to List
-$10,000
-1.74%
Views
8
Current Estimated Value
$549,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,009
Avg. Annual Appreciation
-2.98%

Purchase Details

Closed on
May 25, 2022
Sold by
Barsanti Justin and Barsanti Rachel
Bought by
Deck Of 52 Llc

Purchase Details

Listed on
Nov 10, 2021
Closed on
Mar 25, 2022
Sold by
Willner Marta R
Bought by
Willner Michael A
Seller's Agent
Jasmine Bega
Sphere Real Estate
Buyer's Agent
Donna Bombard
USA Real Estate & Property Man
List Price
$525,000
Sold Price
$510,000
Premium/Discount to List
-$15,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.04%
Original Mortgage
$369,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 10, 2021
Closed on
Mar 24, 2022
Sold by
Whiner Michael A and Whiner Robert J
Bought by
Barsanti Justin and Barsanti Rachel
Seller's Agent
Jasmine Bega
Sphere Real Estate
Buyer's Agent
Donna Bombard
USA Real Estate & Property Man
List Price
$525,000
Sold Price
$510,000
Premium/Discount to List
-$15,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2008
Sold by
Palms Place Llc
Bought by
Willner Michael A and Willner Marta R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Bargain Sale Deed $565,000 Driggs Title Agency
Bargain Sale Deed -- Barr Jeffrey F
Bargain Sale Deed -- Lawyers Title
Bargain Sale Deed $510,000 Lawyers Title
Bargain Sale Deed $1,079,610 Stewart Title Las Vegas Warm
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $369,000 New Conventional
Previous Owner $650,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/28/2025 01/28/25 Sold $565,000 -1.7% $463 / Sq Ft
01/12/2025 01/12/25 Pending -- -- --
01/03/2025 01/03/25 For Sale $575,000 +12.7% $471 / Sq Ft
03/25/2022 03/25/22 Sold $510,000 -2.9% $418 / Sq Ft View Prior Sale
02/23/2022 02/23/22 Pending -- -- --
11/10/2021 11/10/21 For Sale $525,000 -- $430 / 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 $4,909 $180,048 $72,240 $107,808
2024 $4,315 $180,048 $72,240 $107,808
2023 $4,185 $169,401 $72,240 $97,161
2022 $3,872 $151,453 $63,700 $87,753
2021 $3,578 $146,082 $59,430 $86,652
2020 $3,616 $146,668 $59,430 $87,238
2019 $3,389 $142,900 $59,430 $83,470
2018 $3,234 $123,437 $40,390 $83,047
2017 $3,662 $124,872 $40,390 $84,482
2016 $3,027 $114,513 $33,250 $81,263
2015 $3,021 $108,571 $28,875 $79,696
2014 $2,927 $107,065 $28,875 $78,190
Source: Public Records

Agents Affiliated with this Home

  • Alexio Ramirez

    Seller's Agent in 2025

    Alexio Ramirez

    Simply Vegas

    (702) 415-0052

    1 in this area

    53 Total Sales

    Alexio Ramirez
    Section Image
  • Jasmine Bega

    Seller's Agent in 2022

    Jasmine Bega

    Sphere Real Estate

    (702) 417-0884

    1 in this area

    29 Total Sales

    Jasmine Bega
    Section Image

  • D

    Buyer's Agent in 2022

    Donna Bombard

    USA Real Estate & Property Man

    (702) 798-6565

    1 in this area

    18 Total Sales

    Donna Bombard
    Section Image
See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 2642364

Las Vegas REALTORS®

APN: 162-19-511-545

Nevada Clark County Las Vegas 89103 West of the Strip

4381 W Flamingo Rd Unit 5201, Las Vegas, NV

Sold

Detached

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