$300,000
SOLD APR 11, 2025

5002 S Rainbow Blvd Unit 101 Las Vegas, NV 89118

Spring Valley Neighborhood
3 Beds
2 Baths
1,163 Sq Ft
$220/mo HOA Fee

Recently Sold

$258 Per Sq Ft

49 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Community Pool
  • Gated Community
  • Main Floor Primary Bedroom
  • Tennis Courts

About This Home

As of April 2025

Welcome to this charming 3-bedroom ground floor condo in Vizcaya at the Trails, a gated community in the fastest-growing part of Southwest Las Vegas. This recently renovated unit features a balcony off the living room, a second balcony off the bedroom, a cozy fireplace, and thoughtful renovations. Enjoy the multiple pools, tennis courts, clubhouse, and easy access to the 215 freeway. Conveniently located next to Spring Valley Hospital and adjacent to the renowned Spanish Trails Private Country Club, this condo offers both luxury and strong rental potential. Nearby landmarks include Durango Station Casino, The Bend, Arroyo Shopping Center, the future Southwest Costco location, and just 15 minutes to the Las Vegas Strip and Red Rock Canyon.

Last Agent to Sell the Property

Jonathan Chao

Las Vegas Sotheby's Int'l Brokerage Phone: 702-360-1414 License #BS.0145368 Listed on: 02/21/2025

Las Vegas Sotheby's Int'l

Last Buyer's Agent

Edlin Razo

Simply Vegas License #S.0196069

Simply Vegas

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $982

Year Built

  • Built in 1987

Lot Details

  • West Facing Home
  • Desert Landscape
  • Property is in very good condition

HOA Fees

  • $220 Monthly HOA Fees

Home Design

  • Tile Roof

Interior Spaces

  • 1,163 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Blinds
  • Living Room with Fireplace
  • Tile Flooring

Kitchen

  • Gas Cooktop
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Patio

Schools

  • Earl Elementary School
  • Sawyer Grant Middle School
  • Durango High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities

Community Details

Overview

  • Association fees include management
  • Vizcaya At The Trail Association, Phone Number (702) 489-2892
  • Trails Amd Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$982

Year Built

Built in 1987

Lot Details

0

HOA Fees

$220 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Trails Amd
  • Directions: From Tropicana heading east, turn right on Rainbow, make a left into Vizcaya, left through the gate, turn right passed the gate and another right. Park in an uncovered stall and walk towards the clubhouse/pool. Unit is directly across from the pool.
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1987
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Attribution Contact: 702-360-1414
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1987

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Gas Cooktop, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Tile
  • Interior Amenities: Bedroom on Main Level, Primary Downstairs, Window Treatments
  • Living Area: 1163.0
  • Window Features: Blinds

Exterior Features

  • Fencing: None
  • Lot Features: Desert Landscaping, Landscaped, < 1/4 Acre
  • Pool Features: Association
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Direction Faces: West
  • Exterior Features: Balcony, Patio
  • Patio And Porch Features: Balcony, Patio
  • Property Condition: Resale, Very Good Condition
  • Roof: Tile

Garage/Parking

  • Parking Features: Assigned, One Space, Guest

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Gated, Pool, Tennis Court(s)
  • Association Fee: 220.0
  • Association Fee Frequency: Monthly
  • Association Name: Vizcaya at the Trail
  • Phone: 702-489-2892
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management

Schools

  • Elementary School: Earl, Marion B.,Earl, Marion B.
  • High School: Durango
  • Middle Or Junior School: Sawyer Grant

Lot Info

  • Horse Amenities: None
  • Additional Parcels Description: ---
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 982.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2025
Closed on
Apr 8, 2025
Sold by
Larios Rafael
Bought by
Ramirez Norma P
Seller's Agent
Jonathan Chao
Las Vegas Sotheby's Int'l
Buyer's Agent
Edlin Razo
Simply Vegas
List Price
$300,000
Sold Price
$300,000
Views
23
Current Estimated Value
$292,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,714
Avg. Annual Appreciation
-2.38%
Original Mortgage
$300,000
Outstanding Balance
$299,222
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
-$1,882

Purchase Details

Closed on
Oct 24, 2024
Sold by
Larios Marina
Bought by
Larios Rafael

Purchase Details

Closed on
May 9, 2011
Sold by
Amtrust Reo I Llc
Bought by
Larios Rafael and Larios Marina

Purchase Details

Closed on
Apr 11, 2011
Sold by
Manaois Rosalinda S
Bought by
Amtrust Reo I Llc

Purchase Details

Closed on
Mar 21, 2006
Sold by
Trails Property Llc
Bought by
Manaois Rosalinda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,410
Interest Rate
6.18%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 17, 2006
Sold by
Manaois Leonardo C
Bought by
Manaois Rosalinda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,410
Interest Rate
6.18%
Mortgage Type
Fannie Mae Freddie Mac
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 Type Sale Price Title Company
Bargain Sale Deed $300,000 Wfg National Title
Bargain Sale Deed $128,000 Lawyers Title
Bargain Sale Deed $128,000 Lawyers Title
Bargain Sale Deed $128,000 Lawyers Title
Bargain Sale Deed $128,000 Lawyers Title
Bargain Sale Deed $69,000 Stewart Title Las Vegas War
Trustee Deed $51,850 Accommodation
Bargain Sale Deed $229,900 Stewart Title Of Nevada
Interfamily Deed Transfer -- Stewart Title Of Nevada
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Previous Owner $34,410 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2025 04/11/25 Sold $300,000 0.0% $258 / Sq Ft
02/21/2025 02/21/25 For Sale $300,000 0.0% $258 / Sq Ft
09/17/2022 09/17/22 Rented $1,600 0.0% --
09/08/2022 09/08/22 Price Changed $1,600 -5.9% $1 / Sq Ft
08/19/2022 08/19/22 For Rent $1,700 +88.9% --
01/16/2015 01/16/15 Rented $900 +2.9% --
12/17/2014 12/17/14 Under Contract -- -- --
12/03/2014 12/03/14 For Rent $875 -- --
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 $982 $44,918 $21,875 $23,043
2024 $910 $44,918 $21,875 $23,043
2023 $910 $50,076 $28,438 $21,638
2022 $837 $37,504 $17,500 $20,004
2021 $775 $37,079 $17,500 $19,579
2020 $717 $36,678 $17,063 $19,615
2019 $672 $36,269 $16,625 $19,644
2018 $641 $27,608 $8,313 $19,295
2017 $801 $27,297 $7,438 $19,859
2016 $602 $26,802 $6,563 $20,239
2015 $599 $25,609 $6,125 $19,484
2014 $581 $19,205 $5,250 $13,955
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2656431

Las Vegas REALTORS®

APN: 163-26-110-857