NOT LISTED FOR SALE

211 E Flamingo Rd Unit 906 Las Vegas, NV 89169

The Strip Neighborhood

Estimated Value: $253,000 - $301,000

1 Bed
1 Bath
745 Sq Ft
$365/Sq Ft Est. Value

Last Sold July 26, 2024

Last sale price $274,900 $369 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,292/month

20 Days on Market

Highlights

  • Fitness Center
  • View of Las Vegas Strip
  • Furnished
  • 24-Hour Security
  • Community Indoor Pool
  • Business Center

About This Home

As of July 2024

Investor Opportunity! Rare STR just off the Las Vegas Strip with an amazing view of the Sphere from a spacious balcony. One bedroom condo-hotel with full kitchen, King bed, soaking tub, and sleeper sofa in living space. Proven rental income as a short term rental. Steady bookings through the Summer to be assumed by Buyer. Property to be sold completely furnished with all kitchenware and decor. All amenities of the Platinum Hotel and Spa available to owners/guests.

Located in Platinum Hotel and Spa which is walking distance to Sphere, Linq, Flamingo and Horseshoe in under 10 minutes. Amenities of property include heated indoor/outdoor pool, Lounge, Breakfast restaurant, room service, same day laundry service

Last Listed By

Kevin Schwallie

Real Broker LLC Brokerage Email: kevin.schwallie@joetaylorgroup.com License #S.0201073 Listed on: 05/17/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,277

Year Built

  • Built in 2006

Lot Details

  • Property is in good condition

HOA Fees

  • $659 Monthly HOA Fees

Parking

  • Guest Parking

Property Views

  • Las Vegas Strip
  • City

Interior Spaces

  • 745 Sq Ft Home
  • Furnished
  • Fire Sprinkler System

Kitchen

  • Built-In Gas Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • Paradise Elementary School
  • West Prep Middle School
  • Valley High School

Utilities

  • Cooling System Powered By Gas
  • Heating Available
  • Cable TV Available

Community Details

Overview

  • Association fees include water
  • Platinum Hotel Association, Phone Number (702) 362-6252
  • High-Rise Condominium
  • Platinum Resort Condo Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Fitness Center
  • Community Indoor Pool

Additional Features

  • Business Center
  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,277

Year Built

Built in 2006

Lot Details

0

HOA Fees

$659 per month

Listing Details

  • Prop. Type: Residential
  • Subdivision Name: Platinum Resort Condo
  • Directions: East on Flamingo from the Las Vegas Strip. Hotel entrance is just after Koval on the right.
  • Architectural Style: High Rise
  • Building Name: PLATINUM HOTEL
  • Entry Level: 9
  • Structure Type: High Rise
  • Year Built Details: RESALE
  • Year Built: 2006
  • ResoPropertyType: Residential
  • Attribution Contact: kevin.schwallie@joetaylorgroup.com
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Built-In Gas Oven, Dishwasher, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Living Area: 745.0

Exterior Features

  • Pool Private: No
  • View: City, Strip View
  • View: Yes
  • Disclosures: Principal is Real Estate Licensed, 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, Fire Sprinkler System
  • Cooling: Gas, 1 Unit
  • Cooling Y N: Yes
  • Heating: Electric, Individual
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Business Center, Fitness Center, Indoor Pool, Pool
  • Association #2 Fee: 659.0
  • Association #2 Fee Frequency: Monthly
  • Association Name: PLATINUM HOTEL
  • Phone: 702-362-6252
  • Association: Yes
  • Pets Allowed: No, Yes

Fee Information

  • Association Fee Includes: Water

Schools

  • Elementary School: Paradise,Paradise
  • High School: Valley
  • Middle Or Junior School: West Prep

Lot Info

  • Additional Parcels Description: ---
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1277.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2024
Closed on
Jul 15, 2024
Sold by
Bpp Ventures Llc Series 1
Bought by
41 Llc Series 1
Seller's Agent
Kevin Schwallie
Real Broker LLC
Buyer's Agent
Kevin Schwallie
Real Broker LLC
List Price
$274,900
Sold Price
$274,900
Total Days on Market
20
Views
12
Current Estimated Value
$272,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,851
Avg. Annual Appreciation
-1.38%
Original Mortgage
$202,500
Outstanding Balance
$200,956
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$71,093

Purchase Details

Listed on
Oct 13, 2023
Closed on
Nov 27, 2023
Sold by
Schwallie Kevin and Schwallie Kristina M
Bought by
Bpp Ventures Llc Series 1
Seller's Agent
Kendall Towers
BHHS Nevada Properties
Buyer's Agent
Sam Cohen
Huntington & Ellis, A Real Est
List Price
$225,000
Sold Price
$220,000
Premium/Discount to List
-$5,000
-2.22%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.77%
Original Mortgage
$154,000
Interest Rate
7.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 13, 2023
Closed on
Nov 20, 2023
Sold by
Costa Casa Property Management Inc
Bought by
Schwallie Kevin and Hernandez Kristina M
Seller's Agent
Kendall Towers
BHHS Nevada Properties
Buyer's Agent
Sam Cohen
Huntington & Ellis, A Real Est
List Price
$225,000
Sold Price
$220,000
Premium/Discount to List
-$5,000
-2.22%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
7.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2009
Sold by
First Horizon Home Loans
Bought by
Costa Casa Property Management Inc

Purchase Details

Closed on
Jul 17, 2008
Sold by
Carranza Frank and Carranza Misty
Bought by
First Horizon Home Loans

Purchase Details

Closed on
Oct 30, 2006
Sold by
Platinum Condominium Development Llc
Bought by
Carranza Frank and Carranza Misty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,410
Interest Rate
7.62%
Mortgage Type
Unknown

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 Buyer Sale Price Title Company
41 Llc Series 1 $270,000 Security 1St Title
Bpp Ventures Llc Series 1 -- Security 1St Title
Schwallie Kevin $220,000 Chicago Title
Costa Casa Property Management Inc $136,500 Lawyers Title Of Nevada Cent
First Horizon Home Loans $505,362 Accommodation
Carranza Frank $524,900 Nevada Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 41 Llc Series 1 $202,500
Previous Owner Schwallie Kevin $154,000
Previous Owner Costa Casa Property Management Inc $4,000,000
Previous Owner Carranza Frank $472,410
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold $274,900 0.0% $369 / Sq Ft
06/07/2024 06/07/24 Pending -- -- --
05/17/2024 05/17/24 For Sale $274,900 +25.0% $369 / Sq Ft
11/22/2023 11/22/23 Sold $220,000 -2.2% $295 / Sq Ft
10/18/2023 10/18/23 Pending -- -- --
10/13/2023 10/13/23 For Sale $225,000 -- $302 / 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 $1,379 $78,920 $21,039 $57,881
2024 $1,277 $78,920 $21,039 $57,881
2023 $1,277 $47,824 $18,349 $29,475
2022 $1,183 $46,404 $18,349 $28,055
2021 $1,095 $45,134 $18,349 $26,785
2020 $1,014 $46,035 $17,045 $28,990
2019 $951 $39,728 $11,830 $27,898
2018 $907 $36,801 $9,223 $27,578
2017 $996 $33,952 $9,223 $24,729
2016 $850 $36,009 $10,500 $25,509
2015 $847 $34,501 $8,050 $26,451
2014 $821 $27,160 $6,650 $20,510
Source: Public Records

Agents Affiliated with this Home

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Source: Las Vegas REALTORS®

MLS Number: 2584251

Las Vegas REALTORS®

APN: 162-21-511-113