NOT LISTED FOR SALE

4381 W Flamingo Rd Unit 58304 Las Vegas, NV 89103

West of the Strip Neighborhood

Estimated Value: $1,009,000 - $3,342,000

2 Beds
2.5 Baths
3,300 Sq Ft
$3,110/mo HOA Fee

Last Sold October 12, 2023

Last sale price $2,700,000 $818 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $17,361/month

4 Days on Market

Highlights

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

About This Home

As of October 2023

Elevate your lifestyle with this exquisite top-floor penthouse at Palms Place, where every room showcases breathtaking panoramic views of the iconic Las Vegas Strip. Boasting an expansive 3,300 square feet of "lifestyle living", and floor-to-ceiling glass windows flooding the interior with natural light, creating a seamless connection with the stunning cityscape 58 floors above the sky. Step out to your private terrace, where an infinity-edge spa commands attention as it overlooks the dazzling Las Vegas Strip. The penthouse exudes an inviting ambiance with its two-way fireplace, adding warmth and charm to the open living area. The well-appointed kitchen is a chef's dream, featuring custom cabinets, Wolf appliances, a spacious island and wine fridge. Situated in the heart of Las Vegas, you'll be just moments away from the city's top attractions, world-class shopping, and vibrant entertainment. Don't miss this opportunity to own a piece of Las Vegas luxury living.

Last Agent to Sell the Property

Ellie Shefler

Luxury Estates International Brokerage Phone: (702) 201-8621 License #BS.0145267 Listed on: 09/09/2023

Last Buyer's Agent

Ellie Shefler

Luxury Estates International Brokerage Phone: (702) 201-8621 License #BS.0145267 Listed on: 09/09/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,948

Year Built

  • Built in 2006

Lot Details

  • Property is in good condition

HOA Fees

Parking

  • Guest Parking

Property Views

  • Las Vegas Strip
  • City
  • Mountain

Home Design

  • Penthouse

Interior Spaces

  • 3,300 Sq Ft Home
  • Partially Furnished
  • Double Sided Fireplace
  • Gas Fireplace
  • Drapes & Rods
  • Great Room
  • Living Room with Fireplace

Kitchen

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

Flooring

  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer

Schools

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

Utilities

  • Cooling Available
  • Central Heating
  • Programmable Thermostat
  • Cable TV Available

Community Details

Overview

  • Association fees include cable TV, gas, internet, sewer, trash, utilities, water
  • Terra West Association, Phone Number (702) 362-6262
  • High-Rise Condominium
  • Palms Place A Resort Condo & S Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Concierge
  • Valet Parking

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,948

Year Built

Built in 2006

Lot Details

0

HOA Fees

$3,110 per month

Listing Details

  • Prop. Type: Residential
  • Subdivision Name: PALMS PLACE A RESORT CONDO & S
  • Directions: From I-15 and Flamingo, head West on Flamingo past Palms Hotel to Palms Place. You can valet or self park.
  • Architectural Style: High Rise, Penthouse
  • Building Name: PALMS PLACE
  • Entry Level: 58
  • Structure Type: High Rise
  • Year Built Details: RESALE
  • Year Built: 2006
  • ResoPropertyType: Residential
  • Association Fee 3 Frequency: Annually
  • Attribution Contact: (702) 201-8621
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Year Built: 2006

Interior Features

  • Furnished: Partially
  • Private Spa: No
  • Appliances: Built-In Electric Oven, Dryer, Dishwasher, Electric Cooktop, Electric Range, Disposal, Microwave, Refrigerator, Stainless Steel Appliance(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Great Room, Living Room, Multi-Sided
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Marble, Tile
  • Interior Amenities: Window Treatments, Programmable Thermostat
  • Living Area: 3300.0
  • Window Features: Drapes

Exterior Features

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

Garage/Parking

  • Parking Features: Valet, Guest

Utilities

  • Laundry Features: Electric Dryer Hookup, Laundry Closet, Laundry Room
  • Security: 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: Fitness Center, Pool, Spa/Hot Tub, Security, Concierge
  • Association #2 Fee: 3100.0
  • Association #2 Fee Frequency: Monthly
  • Association Name: Terra West
  • Phone: 702-362-6262
  • Association: Yes
  • Pets Allowed: Number Limit, Size Limit, Yes
  • HOA Fee 3: 119.0

Fee Information

  • Association Fee Includes: Cable TV, Gas, Internet, Sewer, Trash, 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: ---
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 14948.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2023
Closed on
Sep 20, 2023
Sold by
Hembree Hubert Mack and Hembree Yvette
Bought by
Turtle Properties Series F Llc
Seller's Agent
Ellie Shefler
Luxury Estates International
Buyer's Agent
Ellie Shefler
Luxury Estates International
List Price
$2,799,000
Sold Price
$2,700,000
Premium/Discount to List
-$99,000
-3.54%
Views
11
Current Estimated Value
$2,359,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$340,555
Avg. Annual Appreciation
-7.67%

Purchase Details

Closed on
Dec 22, 2020
Sold by
Belding David R
Bought by
Hembree Hubert Mack and Hembree Yvette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 1, 2019
Closed on
Apr 1, 2019
Sold by
Hooks Kevin C
Bought by
Belding David R and David R Belding Revocable Trust
Seller's Agent
Ellie Shefler
Luxury Estates International
Buyer's Agent
Ellie Shefler
Luxury Estates International
List Price
$2,200,000
Sold Price
$2,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.13%

Purchase Details

Closed on
Jun 1, 2009
Sold by
Palms Place Llc
Bought by
Hooks Kevin C
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 Buyer Sale Price Title Company
Turtle Properties Series F Llc $2,700,000 Equity Title
Hembree Hubert Mack $2,200,000 Equity Title Of Nevada
Belding David R $2,200,000 Equity Title Of Nevada
Hooks Kevin C $3,500,000 Stewart Title Las Vegas Warm
Hooks Kevin C $3,500,000 Stewart Title Las Vegas Warm
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hembree Hubert Mack $1,375,000
Previous Owner Hembree Hubert Mack $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2023 10/12/23 Sold $2,700,000 -3.5% $818 / Sq Ft
09/13/2023 09/13/23 Pending -- -- --
09/09/2023 09/09/23 For Sale $2,799,000 +27.2% $848 / Sq Ft
04/01/2019 04/01/19 Sold $2,200,000 0.0% $667 / Sq Ft
04/01/2019 04/01/19 For Sale $2,200,000 -- $667 / 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 $20,749 $752,567 $462,490 $290,077
2024 $18,589 $752,567 $462,490 $290,077
2023 $18,236 $711,337 $450,345 $260,992
2022 $16,884 $641,048 $405,300 $235,748
2021 $15,536 $567,666 $334,740 $232,926
2020 $15,292 $569,355 $334,740 $234,615
2019 $14,332 $559,063 $334,740 $224,323
2018 $13,675 $466,292 $243,180 $223,112
2017 $13,791 $470,230 $243,180 $227,050
2016 $14,948 $508,603 $290,500 $218,103
2015 $14,925 $515,400 $290,500 $224,900
2014 $14,568 $530,517 $290,500 $240,017
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2526206

Las Vegas REALTORS®

APN: 162-19-511-596