NOT LISTED FOR SALE

5 Rainbow Point Henderson, NV 89011

Lake Las Vegas Neighborhood

Estimated Value: $656,000 - $673,000

0.43 Acre
$1,550,956 Price per Acre
18,731 Sq Ft Lot

Last Sold February 22, 2021

Last sale price $462,000

Est. 44% increase in value since last sale

Current estimated payment $4,409/month

254 Days on Market

Highlights

  • Lake Front
  • Gated Community
  • Cul-De-Sac
  • On Golf Course
  • 0.43 Acre Lot

About This Lot

As of February 2021

Welcome to the North Shore of Lake Las Vegas, Grand Views and Modern Architecture. Beach Club,
Sport Club Membership includes Fitness, Swim, Tennis, Pickle Ball & Golf! Design & Build your Dream
Custom Home.

Last Agent to Sell the Property

Gene Northup

Las Vegas Sotheby's Int'l License #S.0037249 Listed on: 05/13/2020

Las Vegas Sotheby's Int'l

Last Buyer's Agent

Matt Shiel

Simply Vegas License #S.0167278

Simply Vegas

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,708

Lot Details

  • 0.43 Acre Lot
  • Lake Front
  • On Golf Course
  • Cul-De-Sac

HOA Fees

  • $425 Monthly HOA Fees

Utilities

  • Not Connected to Water Source
  • Not Connected to Sewer

Community Details

Overview

  • Lake Las Vegas Maste Association, Phone Number (702) 568-7948
  • Parker Point Estates Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,708

Lot Details

0

HOA Fees

$425 per month

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.43
  • Road Surface Type: Paved
  • Subdivision Name: Parker Point Estates
  • Directions: FROM LAKE MEAD PKWY, TURN LEFT ON LAKE LAS VEGAS PKWY, LEFT ON MONTELAGO BLVD, GO PAST THE WESTIN. SALES CENTER 2030 LAKE LAS VEGAS PKWY ON RIGHT.
  • ResoPropertyType: Land
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Cul-De-Sac, Lake Front, On Golf Course

Utilities

  • Security: Gated Community
  • Sewer: Not Connected (nearby)
  • Utilities: Electricity Available
  • Water Source: Not Connected (nearby), Public

Condo/Co-op/Association

  • Community Features: Curbs, Gated
  • Association Fee: 425.0
  • Association Fee Frequency: Monthly
  • Association Name: Lake Las Vegas Maste
  • Phone: 702-568-7948
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Schools

Lot Info

  • Lot Size Sq Ft: 18731.0
  • Additional Parcels Description: ---
  • Zoning Description: Family-Less Than 1/2 Acre
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1708.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2024
Sold by
Kahan Michael S
Bought by
Williams Maurice
Total Days on Market
254
Current Estimated Value
$666,911

Purchase Details

Closed on
Apr 30, 2022
Sold by
Phillips Rbetrice Renee
Bought by
Kahan Michael S

Purchase Details

Listed on
May 13, 2020
Closed on
Feb 19, 2021
Sold by
Lake Las Vegas Recovery Acquisition Llc
Bought by
Kahan Michael S and Betrice Phillips R
Seller's Agent
Gene Northup
Las Vegas Sotheby's Int'l
Buyer's Agent
Matt Shiel
Simply Vegas
List Price
$400,000
Sold Price
$462,000
Premium/Discount to List
$62,000
15.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%
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
Williams Maurice $505,000 Wfg National Title
Kahan Michael S -- --
Kahan Michael S $462,000 First American Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kahan Michael S $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2021 02/22/21 Sold $462,000 +15.5% --
01/23/2021 01/23/21 Pending -- -- --
05/13/2020 05/13/20 For Sale $400,000 -- --
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 $3,105 $184,595 $183,750 $845
2024 $2,875 $184,595 $183,750 $845
2023 $2,875 $102,863 $102,025 $838
2022 $2,663 $100,785 $100,100 $685
2021 $2,466 $96,903 $96,250 $653
2020 $1,823 $78,997 $78,750 $247
2019 $1,708 $63,241 $63,000 $241
Source: Public Records

Agents Affiliated with this Home

  • Gene Northup

    Seller's Agent in 2021

    Gene Northup

    Las Vegas Sotheby's Int'l

    (702) 497-0300

    116 in this area

    150 Total Sales

    Gene Northup
    Section Image

  • M

    Buyer's Agent in 2021

    Matt Shiel

    Simply Vegas

    (702) 336-4635

    3 in this area

    42 Total Sales

    Matt Shiel
    Section Image
See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 2196635

Las Vegas REALTORS®

APN: 160-15-820-021

Nevada Clark County Henderson 89011 Lake Las Vegas

5 Rainbow Point, Henderson, NV

This home is located at 5 Rainbow Point, Henderson, NV 89011 since 13 May 2020 and is currently estimated at $666,911. 5 Rainbow Point is a home located in Clark County with nearby schools including Josh Stevens Elementary School, B Mahlon Brown Academy of International Studies, and Basic Academy of International Studies.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Las Vegas REALTORS® The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. Information is deemed reliable but not guaranteed. Copyright 2025 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.

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