NOT LISTED FOR SALE

2801 N Rainbow Blvd Unit 220 Las Vegas, NV 89108

Michael Way Neighborhood

Estimated Value: $192,000 - $206,000

2 Beds
2 Baths
1,020 Sq Ft
$225/mo HOA Fee

Last Sold April 27, 2018

Last sale price $110,000 $108 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,318/month

34 Days on Market

Highlights

  • Fitness Center
  • Community Pool
  • 1 Detached Carport Space
  • Clubhouse
  • Balcony
  • Landscaped

About This Home

As of April 2018

Investor liquidating, units #118, 211, 212, 220. Owner would prefer selling all together but will sell individually as well. sold together. All rented, each unit has refrigerator, washer and dryers along with fireplace. . Call agent for showing.

Last Agent to Sell the Property

Carmen Nichols

Win Win Real Estate License #B.0017418 Listed on: 02/21/2018

Last Buyer's Agent

Kraig Gutierrez

LPT Realty LLC License #BS.0146987

LPT Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $482

Year Built

  • Built in 1990

Lot Details

  • West Facing Home
  • Landscaped
  • Property is in good condition

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • Frame Construction
  • Pitched Roof
  • Stucco

Interior Spaces

  • 1,020 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Blinds
  • Living Room with Fireplace

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 1 Detached Carport Space
  • Assigned Parking

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Community Details

Overview

  • Association fees include management, ground maintenance, recreation facilities, reserve fund, sewer, trash, water
  • Villa Del Sol Association, Phone Number (702) 851-7660
  • Riviera Ranch Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$482

Year Built

Built in 1990

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Ownership: Condominium
  • Subdivision Name: RIVIERA RANCH
  • Directions: From Rainbow and Smoke Ranch go north on Rainbow to 2801. Villa del Sol complex on left.
  • Architectural Style: Two Story
  • Carport Y N: Yes
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1990
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1990

Interior Features

  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Living Area: 1020.0
  • Window Features: Blinds

Exterior Features

  • Fencing: None
  • Lot Features: Landscaped, None
  • Pool Features: Community
  • Pool Private: No
  • Disclosures: Principal is Real Estate Licensed, Covenants/Restrictions Disclosure
  • Construction Type: Frame, Stucco
  • Direction Faces: West
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony
  • Property Condition: Good Condition, Resale
  • Roof: Pitched

Garage/Parking

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

Utilities

  • Laundry Features: Electric Dryer Hookup, Laundry Closet, Upper Level
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Pool
  • Association Fee: 225.0
  • Association Fee Frequency: Monthly
  • Association Name: Villa Del Sol
  • Phone: 702-851-7660
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Maintenance Grounds, Recreation Facilities, Reserve Fund, Sewer, Trash, Water

Schools

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

Lot Info

  • Current Use: Residential
  • Horse Amenities: None
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 482.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2018
Closed on
Apr 26, 2018
Sold by
Santosha Five Llc
Bought by
Quintero Monica
Seller's Agent
Carmen Nichols
Win Win Real Estate
Buyer's Agent
Kraig Gutierrez
LPT Realty LLC
List Price
$110,000
Sold Price
$110,000
Current Estimated Value
$198,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,062
Avg. Annual Appreciation
8.00%
Original Mortgage
$106,700
Outstanding Balance
$91,957
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$106,105

Purchase Details

Listed on
Jan 19, 2015
Closed on
Nov 4, 2015
Sold by
2801 Rainbow Llc
Bought by
Santosha Five Llc
Seller's Agent
ron nir
ROI Assets Realty
Buyer's Agent
Erik Ricardo
Windermere Prestige Properties
List Price
$84,900
Sold Price
$77,000
Premium/Discount to List
-$7,900
-9.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.67%

Purchase Details

Closed on
May 8, 2014
Sold by
Ron Nir Trust
Bought by
2801 Rainbow Llc

Purchase Details

Closed on
Apr 15, 2014
Sold by
Chen Chao Y
Bought by
Ori Holdings Llc

Purchase Details

Closed on
Jan 17, 2006
Sold by
Land Homes Services Llc
Bought by
Chen Chao Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,200
Interest Rate
6.32%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 22, 2005
Sold by
Front Gate Properties Llc
Bought by
Land Homes Services
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Quintero Monica $110,000 Chicago Title Las Vegas
Santosha Five Llc $385,000 National Title Co
2801 Rainbow Llc -- None Available
Ron Nir Trust -- None Available
Ori Holdings Llc $55,000 Lawyers Title Of Nevada
Chen Chao Y $165,600 Ticor Title Of Nevada Inc
Land Homes Services $2,900,093 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quintero Monica $106,700
Previous Owner Chen Chao Y $124,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/27/2018 04/27/18 Sold $110,000 0.0% $108 / Sq Ft
03/28/2018 03/28/18 Pending -- -- --
02/21/2018 02/21/18 For Sale $110,000 0.0% $108 / Sq Ft
06/16/2017 06/16/17 For Rent $875 +2.9% --
06/16/2017 06/16/17 Rented $850 -2.9% --
06/01/2016 06/01/16 Rented $875 -2.8% --
05/02/2016 05/02/16 Under Contract -- -- --
04/01/2016 04/01/16 For Rent $900 0.0% --
11/13/2015 11/13/15 Sold $77,000 -9.3% $75 / Sq Ft View Prior Sale
10/14/2015 10/14/15 Pending -- -- --
01/19/2015 01/19/15 For Sale $84,900 -- $83 / 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 $615 $37,684 $15,050 $22,634
2024 $597 $37,684 $15,050 $22,634
2023 $482 $41,468 $20,300 $21,168
2022 $580 $33,689 $14,000 $19,689
2021 $563 $32,505 $13,300 $19,205
2020 $538 $32,310 $13,300 $19,010
2019 $522 $29,474 $10,500 $18,974
2018 $507 $24,180 $5,775 $18,405
2017 $793 $24,189 $5,250 $18,939
2016 $482 $21,501 $4,200 $17,301
2015 $479 $19,697 $3,850 $15,847
2014 $464 $15,224 $3,500 $11,724
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Carmen Nichols

    Win Win Real Estate

    1 in this area

    20 Total Sales

    Carmen Nichols
    Section Image
  • Kraig Gutierrez

    Buyer's Agent in 2018

    Kraig Gutierrez

    LPT Realty LLC

    (702) 271-6624

    1 in this area

    29 Total Sales

    Kraig Gutierrez
    Section Image
  • Michael Robinson

    Seller's Agent in 2016

    Michael Robinson

    Robinson Realty & Management

    (702) 241-9500

    1 in this area

    60 Total Sales

    Michael Robinson
    Section Image

  • r

    Seller's Agent in 2015

    ron nir

    ROI Assets Realty

    (310) 500-7800

    2 in this area

    38 Total Sales

    ron nir
    Section Image

  • E

    Buyer's Agent in 2015

    Erik Ricardo

    Windermere Prestige Properties

See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 1969025

Las Vegas REALTORS®

APN: 138-15-611-292

Nevada Clark County Las Vegas 89108 Michael Way

2801 N Rainbow Blvd Unit 220, Las Vegas, NV

Not Listed for Sale

Condos

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