NOT LISTED FOR SALE

5002 S Rainbow Blvd Unit 204 Las Vegas, NV 89118

Estimated Value: $208,995 - $225,000

2 Beds
1 Bath
949 Sq Ft
$210/mo HOA Fee

Last Sold September 02, 2020

Last sale price $130,000 $137 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,429/month

68 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Tennis Courts
  • Gated Community
  • Community Pool
  • Balcony

About This Home

As of September 2020

Premier 2 BR 1 Bath with view of pool and clubhouse in the gated community of Vizcaya! Community offers incredible amenities including 6 pools, 4 spas, 2 tennis courts, fitness center & more! Meticulously manicured grounds, unbeatable location w/ easy access to shopping, dining, and the world famous Las Vegas Strip. Perfect for investors or owner occupants!!

Last Agent to Sell the Property

Scott Meservey

ERA Brokers Consolidated License #S.0062459 Listed on: 05/26/2020

Last Buyer's Agent

Bret Wulf

Simply Vegas License #S.0170245

Simply Vegas

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $554

Year Built

  • Built in 1987

Lot Details

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

HOA Fees

  • $210 Monthly HOA Fees

Home Design

  • Tile Roof

Interior Spaces

  • 949 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Double Pane Windows
  • Blinds
  • Living Room with Fireplace
  • Carpet

Kitchen

  • Gas Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Covered Parking
  • Assigned Parking

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Doors

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
  • Cable TV Available

Community Details

Overview

  • Association fees include management, ground maintenance
  • Vizcaya 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

$554

Year Built

Built in 1987

Lot Details

0

HOA Fees

$210 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Trails Amd
  • Directions: From Tropicana and Rainbow head South to Vizcaya on the left
  • Architectural Style: One Story
  • Carport Y N: No
  • Garage Yn: No
  • Efficiency: Doors, Windows
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1987
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1987

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Disposal, Gas Range, Refrigerator, Washer
  • 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, Double Pane Windows

Exterior Features

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

Garage/Parking

  • Parking Features: Assigned, Covered

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Gated, Pool, Tennis Court(s)
  • Association Fee: 210.0
  • Association Fee Frequency: Monthly
  • Association Name: Vizcaya
  • Phone: 702-489-2892
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Maintenance Grounds

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: Multi-Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Land Lease Amount: 1070.0

Tax Info

  • Tax Annual Amount: 554.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2020
Closed on
Aug 24, 2020
Sold by
Mcelroy Kenneth B and Mcelroy Laura M
Bought by
Koren Gali and Abrams Steve Zvi
Seller's Agent
Scott Meservey
ERA Brokers Consolidated
Buyer's Agent
Bret Wulf
Simply Vegas
List Price
$135,000
Sold Price
$130,000
Premium/Discount to List
-$5,000
-3.7%
Current Estimated Value
$216,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,999
Avg. Annual Appreciation
10.55%
Original Mortgage
$81,000
Outstanding Balance
$57,387
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$159,612

Purchase Details

Closed on
Nov 19, 2007
Sold by
Mcelroy Kenneth B and Mcelroy Laura
Bought by
The Mcelroy Family Trust

Purchase Details

Closed on
Nov 8, 2005
Sold by
Trails Property Llc
Bought by
Mcelroy Kenneth B and Mcelroy Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,514
Interest Rate
7%
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
Koren Gali $130,000 Chicago Title Las Vegas
The Mcelroy Family Trust -- None Available
Mcelroy Kenneth B $143,905 Stewart Title Of Nevada
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koren Gali $81,000
Previous Owner Mcelroy Kenneth B $129,514
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2020 09/02/20 Sold $130,000 -3.7% $137 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
05/26/2020 05/26/20 For Sale $135,000 0.0% $142 / Sq Ft
10/07/2019 10/07/19 Rented $1,050 0.0% --
09/07/2019 09/07/19 Under Contract -- -- --
09/06/2019 09/06/19 For Rent $1,050 +10.5% --
08/14/2018 08/14/18 Rented $950 0.0% --
07/15/2018 07/15/18 Under Contract -- -- --
05/29/2018 05/29/18 For Rent $950 -- --
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 $811 $36,712 $17,500 $19,212
2024 $752 $36,712 $17,500 $19,212
2023 $496 $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

  • S

    Seller's Agent in 2020

    Scott Meservey

    ERA Brokers Consolidated

    (702) 496-4710

    65 Total Sales

    Scott Meservey
    Section Image
  • Bret Wulf

    Buyer's Agent in 2020

    Bret Wulf

    Simply Vegas

    (702) 719-9618

    98 Total Sales

    Bret Wulf
    Section Image

  • T

    Seller's Agent in 2019

    Tony Taranto

    Tony Taranto Realty

    (702) 266-7261

    32 Total Sales

    Tony Taranto
    Section Image

  • D

    Buyer's Agent in 2019

    Darren Asbell

    Nicklin Prop Mgmt & Inv Inc

    (505) 321-5919

    1 Total Sale

    Darren Asbell
    Section Image

  • T

    Buyer's Agent in 2018

    Tammy Hinh

    Vegas Pro Realty LLC

See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 2199530

Las Vegas REALTORS®

APN: 163-26-110-848

Nevada Clark County Las Vegas 89118

5002 S Rainbow Blvd Unit 204, Las Vegas, NV

This home is located at 5002 S Rainbow Blvd Unit 204, Las Vegas, NV 89118 since 26 May 2020 and is currently estimated at $216,999, approximately $228 per square foot. This property was built in 1987. 5002 S Rainbow Blvd Unit 204 is a home located in Clark County with nearby schools including Marion B Earl Elementary School, Grant Sawyer Middle School, and Durango High School.

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