$193,660 - $204,000
RENTED JAN 2, 2025

2700 N Rainbow Blvd Unit 1089 Las Vegas, NV 89108

Michael Way Neighborhood
2 Beds
2 Baths
997 Sq Ft
0.27 Acres

Last Sold November 21, 2018

Last sale price $125,000 $125 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,131/month

Highlights

  • Gated Community
  • Main Floor Bedroom
  • Tile Flooring
  • Clubhouse
  • Community Pool
  • Central Heating and Cooling System

About This Home

As of January 2025

First floor 2bed/2bath condo, with tile and carpet flooring, granite countertops, spacious master with large bathtub, all appliances, gas fireplace in living room, in gated community with pool, clubhouse, assigned parking space, ready to move-in.

Last Agent to Rent the Property

Marine Thuet

Las Vegas Invest Real Estate Brokerage Phone: 702-971-7455 License #S.0178492 Listed on: 10/04/2024

Last Renter's Agent

Tracy J Magnifico-Karosy

Vegas Capital Realty License #S.0196864

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $732

Year Built

  • Built in 1989

Lot Details

  • South Facing Home
  • Property is Fully Fenced

Home Design

  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 997 Sq Ft Home
  • 2-Story Property
  • Drapes & Rods
  • Blinds
  • Family Room with Fireplace

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer

Parking

  • 1 Carport Space
  • Assigned Parking

Schools

  • Bunker Elementary School
  • Molasky I Middle School
  • Cimarron-Memorial High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Not Available

Listing and Financial Details

  • Security Deposit $1,250
  • Property Available on 10/4/24
  • Tenant pays for electricity, gas
  • 12 Month Lease Term

Community Details

Overview

  • Property has a Home Owners Association
  • Canyon Creek Villas Association, Phone Number (702) 222-2391
  • Orchid Condo Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Deposit $350

Additional Features

  • Clubhouse
  • Gated Community

Condo Details

Home Type

Condominium

Est. Annual Taxes

$732

Year Built

Built in 1989

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity, Gas
  • Available Date: 2024-10-04
  • Security Deposit: 1250.0
  • Pet Deposit: 350.0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential Lease
  • Subdivision Name: Orchid Condo
  • Directions: FROM RAINBOW & SMOKE RANCH, NORTH ON RAINBOW, RIGHT INTO CANYON CREEK VILLAS, THROUGH GATE MAKE A LEFT. BUILDING 12 IS ON THE LEFT.
  • Architectural Style: Two Story
  • Carport Y N: Yes
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built: 1989
  • ResoPropertyType: ResidentialLease
  • Attribution Contact: 702-971-7455
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer/Dryer, Washer/DryerAllInOne, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Family Room, Family/Living/Great Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Bedroom on Main Level
  • Living Area: 997.0
  • Window Features: Blinds, Drapes

Exterior Features

  • Fencing: Full
  • Pool Features: Community
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Frame, Stucco
  • Direction Faces: South
  • Roof: Tile

Garage/Parking

  • Carport Spaces: 1.0
  • Parking Features: Assigned, Covered

Utilities

  • Laundry Features: Gas Dryer Hookup, Main Level
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Utilities: Cable Not Available

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Clubhouse, Gated, Pool, Spa/Hot Tub
  • Association: Canyon Creek Villas
  • Association Phone #2: 702-222-2391
  • Association: Yes
  • Pets Allowed: Yes, No

Schools

  • Elementary School: Bunker, Berkeley L.,Bunker, Berkeley L.
  • High School: Cimarron-Memorial
  • Middle Or Junior School: Molasky I

Lot Info

  • Additional Parcels Description: ---
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2020
Sold by
Cheret Josseline Francoise
Bought by
Jc Properties 2 Llc
Current Estimated Value
$197,915

Purchase Details

Listed on
Aug 24, 2018
Closed on
Nov 20, 2018
Sold by
Capital Mill Llc
Bought by
Cheret Josseline Francoise
Seller's Agent
Carl Murd
Key Realty
Buyer's Agent
Reza Rezvani
Realty ONE Group, Inc
List Price
$139,000
Sold Price
$125,000
Premium/Discount to List
-$14,000
-10.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.00%

Purchase Details

Listed on
May 9, 2018
Closed on
Jun 1, 2018
Sold by
Wilson Marilyn
Bought by
Capital Mill Llc
Seller's Agent
Shirley Davis
Realty ONE Group, Inc
Buyer's Agent
Carl Murd
Key Realty
List Price
$112,000
Sold Price
$105,000
Premium/Discount to List
-$7,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.09%

Purchase Details

Closed on
Jun 22, 2011
Sold by
Spicer Tracy E
Bought by
Wilson Marilyn

Purchase Details

Closed on
Jun 19, 2007
Sold by
Orchid Investors Llc
Bought by
Spicer Tracy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,900
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Jc Properties 2 Llc -- None Available
Cheret Josseline Francoise $125,000 Ticortitle Las Vegas 41
Capital Mill Llc $105,000 Ticor Title Las Vegas
Wilson Marilyn $25,000 Equity Title Of Nevada
Spicer Tracy E $150,000 Nevada Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spicer Tracy E $149,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2025 01/02/25 Rented $1,250 0.0% --
12/19/2024 12/19/24 Under Contract -- -- --
12/02/2024 12/02/24 Price Changed $1,250 -3.5% $1 / Sq Ft
11/01/2024 11/01/24 Price Changed $1,295 -4.1% $1 / Sq Ft
10/11/2024 10/11/24 Price Changed $1,350 -3.6% $1 / Sq Ft
10/04/2024 10/04/24 For Rent $1,400 0.0% --
11/21/2018 11/21/18 Sold $125,000 -10.1% $125 / Sq Ft
10/22/2018 10/22/18 Pending -- -- --
08/24/2018 08/24/18 For Sale $139,000 +32.4% $139 / Sq Ft
06/05/2018 06/05/18 Sold $105,000 -6.3% $105 / Sq Ft
05/09/2018 05/09/18 For Sale $112,000 -- $112 / 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 $732 $38,793 $15,400 $23,393
2024 $679 $38,793 $15,400 $23,393
2023 $679 $41,197 $19,250 $21,947
2022 $629 $33,803 $13,300 $20,503
2021 $582 $32,918 $12,950 $19,968
2020 $538 $32,919 $12,950 $19,969
2019 $522 $31,223 $11,200 $20,023
2018 $507 $24,536 $5,600 $18,936
2017 $823 $25,095 $5,600 $19,495
2016 $476 $22,978 $4,550 $18,428
2015 $474 $21,281 $4,200 $17,081
2014 $460 $18,777 $3,150 $15,627
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2622928

Las Vegas REALTORS®

APN: 138-14-316-175