$314,300
SOLD FEB 6, 2023

4381 W Flamingo Rd Unit 5316 Las Vegas, NV 89103

West of the Strip Neighborhood
-- Bed
1 Bath
615 Sq Ft
1.05 Acres

Recently Sold

$511 Per Sq Ft

6% Below List Price

58 Days on Market

Highlights

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

About This Home

As of August 2023

Cash Flow Unit, Great for investors! Welcome to unit 5316 at Palms Place Resort & Spa! Just 1.2 miles from the Las Vegas Strip, this High Rise is centrally located with easy access to dining, shopping, and entertainment. Fully furnished studio with breathtaking views of the Las Vegas Strip. Owner benefits include complimentary limousine service, dining & spa discounts. The property is a condo-hotel and owners have the options to participate in the hotel rental program, Airbnb, or keep it for private use. In addition, all utilities are included with the HOA! All decor conveys with the property.

Last Agent to Sell the Property

Andrea Weaver

Engel & Volkers Las Vegas Brokerage Phone: 702-899-5015 License #S.0191927 Listed on: 12/09/2022

Engel & Volkers Las Vegas

Last Buyer's Agent

Ryan Crighton

Rothwell Gornt Companies License #BS.0000254

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,333

Year Built

  • Built in 2006

Lot Details

  • Property is in good condition

HOA Fees

  • $552 Monthly HOA Fees

Parking

  • Guest Parking

Property Views

  • Las Vegas Strip
  • City

Interior Spaces

  • 1 Full Bathroom
  • 615 Sq Ft Home
  • Furnished
  • Drapes & Rods

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Schools

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

Utilities

  • Cooling Available
  • Heating Available
  • Programmable Thermostat

Community Details

Overview

  • Association fees include cable TV, electricity, sewer, utilities, water
  • Palms Place Ii Llc 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
  • Business Center

Recreation

  • Fitness Center
  • Community Pool

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,333

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 & Spa At The Palms Lv
  • Directions: From I-15, take exit Flamingo Rd, head west to Palms Place on the corner of Flamingo Rd and Arville. Valet or self-park.
  • Architectural Style: High Rise
  • Building Name: PALMS PLACE
  • Entry Level: 53
  • Structure Type: High Rise
  • Year Built Details: RESALE
  • Year Built: 2006
  • ResoPropertyType: Residential
  • Attribution Contact: 702-899-5015
  • 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
  • Interior Amenities: Programmable Thermostat
  • Living Area: 615.0
  • Window Features: Drapes

Exterior Features

  • Pool Features: Association
  • Pool Private: No
  • View: City, Strip View
  • View: Yes
  • Disclosures: Covenants/Restrictions Disclosure
  • Home Warranty: No
  • Exterior Features: None
  • Property Condition: Good Condition, Resale

Garage/Parking

  • Parking Features: Guest

Utilities

  • Laundry Features: None
  • Security: 24 Hour Security
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Business Center, Fitness Center, Pool, Pet Restrictions, Security, Concierge
  • Association #2 Fee: 552.0
  • Association #2 Fee Frequency: Monthly
  • Association Name: Palms Place II LLC
  • Phone: 702-944-3413
  • Association: Yes
  • Pets Allowed: Number Limit, Size Limit, Yes

Fee Information

  • Association Fee Includes: Cable TV, Electricity, 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

Tax Info

  • Tax Annual Amount: 2333.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2023
Closed on
Aug 16, 2023
Sold by
Vs Real Estate Holdings Llc
Bought by
Charles And Betsy Suits Living Trust and Suits
Seller's Agent
Michael Czmil
Rothwell Gornt Companies
Buyer's Agent
Joie Jones
LPT Realty, LLC
List Price
$350,000
Sold Price
$350,000
Views
16
Current Estimated Value
$344,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,336
Avg. Annual Appreciation
-0.94%

Purchase Details

Listed on
Dec 9, 2022
Closed on
Feb 2, 2023
Sold by
Flatout Capital Llc
Bought by
Vs Real Estate Holdings Llc
Seller's Agent
Andrea Weaver
Engel & Volkers Las Vegas
Buyer's Agent
Ryan Crighton
Rothwell Gornt Companies
List Price
$335,000
Sold Price
$314,300
Premium/Discount to List
-$20,700
-6.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.51%

Purchase Details

Closed on
Oct 26, 2022
Sold by
Arthur Benavidez Martinez Revocable Trus
Bought by
Flatout Capital Llc

Purchase Details

Closed on
Jul 17, 2021
Sold by
942-954 South Santa Fe Avenue Llc
Bought by
Arthur Benavidez Martinez Revocable Trus and Martinez

Purchase Details

Closed on
Mar 10, 2020
Sold by
Snyder David N and Snyder Woinishet W
Bought by
942 954 South Santa Fe Avenue Llc

Purchase Details

Closed on
Mar 4, 2016
Sold by
Palms Place Llc
Bought by
Snyder David N and Snyder Woinishet W
Source: Public Records

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 Type Sale Price Title Company
Bargain Sale Deed $350,000 Fidelity National Title
Bargain Sale Deed $314,300 Chicago Title
Bargain Sale Deed $310,000 Fidelity National Title
Bargain Sale Deed $275,000 Equity Title
Bargain Sale Deed $1,060,000 Equity Title Of Nevada
Bargain Sale Deed $410,000 Nevada Title Las Vegas
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2023 08/17/23 Sold $350,000 0.0% $569 / Sq Ft
08/02/2023 08/02/23 Pending -- -- --
07/17/2023 07/17/23 For Sale $350,000 0.0% $569 / Sq Ft
07/07/2023 07/07/23 Pending -- -- --
07/05/2023 07/05/23 For Sale $350,000 +11.4% $569 / Sq Ft
02/06/2023 02/06/23 Sold $314,300 -6.2% $511 / Sq Ft
12/09/2022 12/09/22 For Sale $335,000 -- $545 / 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 $2,587 $107,638 $52,105 $55,533
2024 $2,587 $107,638 $52,105 $55,533
2023 $2,520 $100,919 $50,813 $50,106
2022 $2,333 $91,637 $46,078 $45,559
2021 $2,158 $88,524 $43,710 $44,814
2020 $2,152 $88,844 $43,710 $45,134
2019 $2,017 $87,014 $43,710 $43,304
2018 $1,924 $70,882 $27,774 $43,108
2017 $2,101 $71,634 $27,774 $43,860
2016 $1,802 $64,814 $22,575 $42,239
2015 $1,431 $60,728 $22,575 $38,153
2014 $1,418 $67,681 $22,575 $45,106
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Michael Czmil

    Rothwell Gornt Companies

    4 in this area

    13 Total Sales

    Section Image
  • Andrea Weaver

    Seller's Agent in 2023

    Andrea Weaver

    Engel & Volkers Las Vegas

    (702) 381-9772

    4 in this area

    61 Total Sales

    Section Image
  • Joie Jones

    Buyer's Agent in 2023

    Joie Jones

    LPT Realty, LLC

    (609) 816-5476

    1 in this area

    74 Total Sales

    Section Image
  • Ryan Crighton

    Buyer's Agent in 2023

    Ryan Crighton

    Rothwell Gornt Companies

    (702) 217-1048

    4 in this area

    558 Total Sales

    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 2459278

Las Vegas REALTORS®

APN: 162-19-511-573

Nevada Clark County Las Vegas 89103 West of the Strip

4381 W Flamingo Rd Unit 5316, Las Vegas, NV

This home is located at 4381 W Flamingo Rd Unit 5316, Las Vegas, NV 89103 and is currently priced at $314,300, approximately $511 per square foot. This property was built in 2006. 4381 W Flamingo Rd Unit 5316 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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