$1,755,000
SOLD FEB 6, 2014

4381 W Flamingo Rd Unit 5502 Las Vegas, NV 89103

West of the Strip Neighborhood
3 Beds
3.5 Baths
3,905 Sq Ft
$3,505/mo HOA Fee

Recently Sold

$449 Per Sq Ft

20% Below List Price

69 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Penthouse
  • Ed W Clark High School Rated A-
  • 24-Hour Security
  • Gated Community

About This Home

As of February 2014

AUCTION: January 17th.Originally offered for $4.4M. Selling without Reserve,to the highest bidder.Talk about a full house.The Palms Resort Condos is it. This luxurious 55th floor Penthouse enjoys all the amenities of the Palms Casino Resort, including Inner Circle VIP access to exclusive events.Clear Spa with view of the Strip. Jackpot!

Last Agent to Sell the Property

Dale Thornburgh

Acclaim Real Estate License #B.1001039 Listed on: 10/29/2013

Last Buyer's Agent

Admin Assistant

NON-MLS OFFICE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,071

Year Built

  • Built in 2006

HOA Fees

  • $3,505 Monthly HOA Fees

Parking

  • Guest Parking

Property Views

  • Las Vegas Strip
  • City
  • Mountain

Home Design

  • Penthouse

Interior Spaces

  • 3,905 Sq Ft Home
  • Wet Bar
  • Furnished
  • Gas Fireplace
  • Tinted Windows
  • Drapes & Rods
  • Great Room

Kitchen

  • Built-In Electric Oven
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Intercom

Schools

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

Utilities

  • High Efficiency Air Conditioning
  • Central Heating
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows with Low Emissivity
  • Terrace
  • Property is in excellent condition

Community Details

Overview

  • Association fees include management, ground maintenance, security
  • Terra West Association, Phone Number (702) 362-6262
  • Palms Place A Resort Condo & S Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Concierge

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Security

  • 24-Hour Security
  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,071

Year Built

Built in 2006

Lot Details

0

HOA Fees

$3,505 per month

Listing Details

  • Prop. Type: Residential
  • Subdivision Name: PALMS PLACE A RESORT CONDO & S
  • Directions: From I-15, West on Flamingo, just past Palms Hotel and Casino turn into Palms Place on Left
  • Architectural Style: Penthouse
  • Building Name: PALMS PLACE
  • Entry Level: 55
  • Efficiency: Windows
  • Year Built Details: RESALE
  • Year Built: 2006
  • ResoPropertyType: Residential
  • Special Features: 4160
  • Property Sub Type: Condos
  • Year Built: 2006

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Built-In Electric Oven, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Other Equipment: Intercom
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Great Room, Primary Bedroom
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Wet Bar, Great Room, Window Treatments
  • Living Area: 3905.0
  • Window Features: Drapes, Low Emissivity Windows, Tinted Windows, Window Treatments

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: Excellent, Resale

Garage/Parking

  • Parking Features: Guest

Utilities

  • Laundry Features: Electric Dryer Hookup, Laundry Room
  • Security: Closed Circuit Camera(s), Floor Access Control, 24 Hour Security, Security Guard, Security System Owned
  • Cooling: Electric, High Efficiency
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available, High Speed Internet Available

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Fitness Center, Gated, Pool, Security, Concierge
  • Association Fee: 3505.0
  • 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, Maintenance Grounds, Security

Schools

  • Elementary School: Thiriot Joseph,Thiriot Joseph
  • High School: Clark Ed. W.
  • Middle Or Junior School: Sawyer Grant*

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 17071.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2021
Sold by
Wfp18 Llc
Bought by
Palms Place Papi Llc

Purchase Details

Closed on
Jan 6, 2015
Sold by
Marling Robert E and Marling Kimberly A
Bought by
Wfp18 Llc

Purchase Details

Closed on
Apr 30, 2014
Sold by
Marling Robert E
Bought by
Marling Robert E and Marling Kimberly A

Purchase Details

Listed on
Oct 29, 2013
Closed on
Feb 6, 2014
Sold by
Harber Lacy and Harber Dorothy
Bought by
Marling Robert E
Seller's Agent
Dale Thornburgh
Acclaim Real Estate
Buyer's Agent
Admin Assistant
NON-MLS OFFICE
List Price
$2,200,000
Sold Price
$1,755,000
Premium/Discount to List
-$445,000
-20.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.71%

Purchase Details

Closed on
Apr 22, 2013
Sold by
Wessinger Ashley and Wessinger Minott
Bought by
Harber Lacy and Harber Dorothy

Purchase Details

Closed on
Jun 23, 2008
Sold by
Palms Place Llc
Bought by
Wessinger Ashley and Wessinger Minott
Source: Public Records

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Range of Values:

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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 $2,560,000 First American Title Insu
Bargain Sale Deed -- None Available
Interfamily Deed Transfer -- None Available
Bargain Sale Deed $175,500 Stewart Title Las Vegas War
Bargain Sale Deed $1,650,000 Fidelity National Title Las
Bargain Sale Deed $4,200,000 Stewart Title Las Vegas Warm
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 Price Changed $3,999,999 -2.4% $1,024 / Sq Ft
04/02/2025 04/02/25 For Sale $4,099,999 +133.6% $1,050 / Sq Ft
02/06/2014 02/06/14 Sold $1,755,000 -20.2% $449 / Sq Ft
01/07/2014 01/07/14 Pending -- -- --
10/29/2013 10/29/13 For Sale $2,200,000 -- $563 / 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 $20,496 $740,751 $392,823 $347,928
2024 $20,496 $740,751 $392,823 $347,928
2023 $20,079 $797,426 $483,844 $313,582
2022 $18,577 $709,520 $426,440 $283,080
2021 $17,068 $620,703 $341,152 $279,551
2020 $16,999 $622,684 $341,152 $281,532
2019 $15,931 $610,387 $341,152 $269,235
2018 $15,202 $518,336 $250,614 $267,722
2017 $15,339 $523,014 $250,614 $272,400
2016 $18,028 $613,406 $351,750 $261,656
2015 $18,001 $621,772 $351,750 $270,022
2014 $17,581 $639,765 $351,750 $288,015
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1396125

Las Vegas REALTORS®

APN: 162-19-511-580