NOT LISTED FOR SALE

5002 S Rainbow Blvd Unit 104 Las Vegas, NV 89118

Estimated Value: $208,663 - $225,000

2 Beds
1 Bath
949 Sq Ft
$179/mo HOA Fee

Last Sold February 25, 2014

Last sale price $74,000 $78 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $1,408/month

254 Days on Market

Highlights

  • Gated Community
  • Community Pool
  • Balcony
  • Clubhouse
  • Tennis Courts
  • Guest Parking

About This Home

As of February 2014

WONDERFULLY LOCATED CONDO W/2 BEDROOMS, 1 BATH, MICROWAVE, CARPET, WINDOW BLINDS, FORMICA KITCHEN COUNTERS, FIREPLACE IN LIVING ROOM, ALL IN GATED COMMUNITY W/POOLS, SPA AND TENNIS COURTS!!

Last Agent to Sell the Property

Samuel Schwartz

Schwartz Realty License #B.0025708 Listed on: 05/16/2013

Last Buyer's Agent

Anthony Houston

Executive Realty Services License #S.0168531

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $448

Year Built

  • Built in 1987

Lot Details

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

HOA Fees

  • $179 Monthly HOA Fees

Home Design

  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 949 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Blinds
  • Living Room with Fireplace
  • Carpet

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on upper level
  • Gas Dryer Hookup

Parking

  • 1 Detached Carport Space
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Balcony

Schools

  • Earl Marion B 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, ground maintenance, recreation facilities
  • Vizcaya Association, Phone Number (702) 795-3344
  • Trails Amd Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$448

Year Built

Built in 1987

Lot Details

0

HOA Fees

$179 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Ownership: Condominium
  • Subdivision Name: TRAILS AMD
  • Directions: FROM TROPICANA, SOUTH ON RAINBOW, LEFT INTO VIZCAYA CONDOS
  • Architectural Style: Two Story
  • Carport Y N: Yes
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1987
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: 12
  • Stories: 2
  • Year Built: 1987

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet
  • Living Area: 949.0
  • Window Features: Blinds

Exterior Features

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

Garage/Parking

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

Utilities

  • Laundry Features: Gas Dryer Hookup, Laundry Closet, Upper Level
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Amenities: Clubhouse, Gated, Pool, Recreation Room, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 179.0
  • Association Fee Frequency: Monthly
  • Association Name: VIZCAYA
  • Phone: 702-795-3344
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Maintenance Grounds, Recreation Facilities

Schools

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

Lot Info

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

Tax Info

  • Tax Annual Amount: 448.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2013
Closed on
Feb 18, 2014
Sold by
Goldman Jed C and Chen Goldman Wei
Bought by
Machado Bruno and Machado Joelle
Seller's Agent
Samuel Schwartz
Schwartz Realty
Buyer's Agent
Anthony Houston
Executive Realty Services
List Price
$65,000
Sold Price
$74,000
Premium/Discount to List
$9,000
13.85%
Current Estimated Value
$216,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,416
Avg. Annual Appreciation
9.67%

Purchase Details

Listed on
May 16, 2013
Closed on
Feb 10, 2014
Sold by
Metropolis Real Estate Llc
Bought by
Goldman Jed C and Chen Goldman Wei
Seller's Agent
Samuel Schwartz
Schwartz Realty
Buyer's Agent
Anthony Houston
Executive Realty Services
List Price
$65,000
Sold Price
$74,000
Premium/Discount to List
$9,000
13.85%

Purchase Details

Closed on
Feb 8, 2008
Sold by
Goldman Jed and Goldman Wei Chen
Bought by
Metropolis Real Estate Llc

Purchase Details

Closed on
Mar 13, 2006
Sold by
Trails Property Llc
Bought by
Goldman Jed C and Chen Goldman Wei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
6.75%
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
Machado Bruno $74,000 Nevada Title Las Vegas
Goldman Jed C $74,000 Nevada Title Las Vegas
Metropolis Real Estate Llc -- None Available
Goldman Jed C $194,900 Stewart Title Of Nevada
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Goldman Jed C $142,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2014 02/25/14 Sold $74,000 +13.8% $78 / Sq Ft
01/26/2014 01/26/14 Pending -- -- --
05/16/2013 05/16/13 For Sale $65,000 -- $68 / 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 $967 $36,712 $17,500 $19,212
2024 $790 $36,712 $17,500 $19,212
2023 $790 $40,838 $22,750 $18,088
2022 $691 $30,700 $14,000 $16,700
2021 $640 $30,335 $14,000 $16,335
2020 $591 $30,012 $13,650 $16,362
2019 $554 $29,687 $13,300 $16,387
2018 $529 $22,754 $6,650 $16,104
2017 $661 $22,523 $5,950 $16,573
2016 $496 $22,144 $5,250 $16,894
2015 $494 $20,422 $4,900 $15,522
2014 $478 $15,828 $4,200 $11,628
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1346851

Las Vegas REALTORS®

APN: 163-26-110-854