NOT LISTED FOR SALE

5004 S Rainbow Blvd Unit 105 Las Vegas, NV 89118

Estimated Value: $218,000 - $269,000

2 Beds
2 Baths
1,091 Sq Ft
$210/mo HOA Fee

Last Sold May 03, 2016

Last sale price $92,500 $85 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $1,573/month

158 Days on Market

Highlights

  • Gated Community
  • Main Floor Primary Bedroom
  • Community Pool
  • Clubhouse
  • Park or Greenbelt View
  • Covered Patio or Porch

About This Home

As of May 2016

Great investment.1st floor unit with access to club house and pool. 1st level for ease of access to the unit. No stairs to contend with.2 bedrooms in unit laundry, fireplace and covered patio. Shopping within blocks of complex and bus routes.Income producer or occupy by owner. Las Vegas Strip minutes away.Spanish trails across Rainbow.New carpet and paint.

Last Agent to Sell the Property

Byron Kacheris

eXp Realty License #BS.0143517 Listed on: 10/27/2015

eXp Realty

Last Buyer's Agent

Ben Yirga

Pulse Realty Group LLC License #S.0056348

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $560

Year Built

  • Built in 1987

Lot Details

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

HOA Fees

  • $210 Monthly HOA Fees

Home Design

  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,091 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Insulated Windows
  • Blinds
  • Living Room with Fireplace
  • Park or Greenbelt Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Detached Carport Space
  • Guest Parking
  • Assigned Parking

Schools

  • Earl Marion B* Elementary School
  • Sawyer Grant* Middle School
  • Durango High School

Utilities

  • Cooling System Powered By Gas
  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • Gas Water Heater

Additional Features

  • Energy-Efficient Windows
  • Covered Patio or Porch

Community Details

Overview

  • Association fees include management, ground maintenance, reserve fund, security
  • Vizscaya Association, Phone Number (866) 473-2573
  • Trails Amd Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$560

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: Rainbow and Tropicana. Through N gate unit immediately on left.
  • Architectural Style: Two Story
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Windows
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1987
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1987

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Heater, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Linoleum, Vinyl
  • Interior Amenities: Bedroom on Main Level, Primary Downstairs
  • Living Area: 1091.0
  • Window Features: Blinds, Insulated Windows

Exterior Features

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

Garage/Parking

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

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Closet, Laundry Room
  • Cooling: Central Air, Gas
  • 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

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Clubhouse, Gated, Pool
  • Association Fee: 210.0
  • Association Fee Frequency: Monthly
  • Association Name: Vizscaya
  • Phone: 866-473-2573
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Maintenance Grounds, Reserve Fund, Security

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: 560.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2015
Closed on
Apr 29, 2016
Sold by
Arthonets Steven Michael and Arthonets Karen Ann
Bought by
Kidanemariam Shimelles W
Seller's Agent
Byron Kacheris
eXp Realty
Buyer's Agent
Ben Yirga
Pulse Realty Group LLC
List Price
$95,000
Sold Price
$92,500
Premium/Discount to List
-$2,500
-2.63%
Current Estimated Value
$245,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,326
Avg. Annual Appreciation
10.93%
Original Mortgage
$87,875
Outstanding Balance
$70,256
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$175,570

Purchase Details

Closed on
Apr 17, 2008
Sold by
Arthontes Steven and Arthontes Karen
Bought by
Arthontes Steven Michael and Arthontes Karen Ann

Purchase Details

Closed on
Jul 30, 2007
Sold by
Trails Property Llc
Bought by
Arhontes Steven and Arhontes Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,350
Interest Rate
6.73%
Mortgage Type
Unknown
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
Kidanemariam Shimelles W $92,500 National Title Co
Arthontes Steven Michael -- None Available
Arhontes Steven $169,800 Stewart Title Of Nevada
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kidanemariam Shimelles W $87,875
Previous Owner Arhontes Steven $127,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2016 05/03/16 Sold $92,500 +11112.1% $85 / Sq Ft
04/03/2016 04/03/16 Pending -- -- --
11/13/2015 11/13/15 For Rent $825 0.0% --
11/13/2015 11/13/15 Rented $825 0.0% --
10/27/2015 10/27/15 For Sale $95,000 -- $87 / 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 $717 $41,337 $20,125 $21,212
2024 $697 $41,337 $20,125 $21,212
2023 $563 $46,090 $26,163 $19,927
2022 $670 $34,500 $16,100 $18,400
2021 $651 $34,118 $16,100 $18,018
2020 $629 $33,755 $15,698 $18,057
2019 $611 $33,368 $15,295 $18,073
2018 $593 $25,733 $7,980 $17,753
2017 $746 $25,437 $7,140 $18,297
2016 $563 $24,941 $6,300 $18,641
2015 $560 $23,840 $5,880 $17,960
2014 $543 $17,963 $5,040 $12,923
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Byron Kacheris

    eXp Realty

    (702) 917-2827

    8 Total Sales

    Byron Kacheris
    Section Image

  • B

    Buyer's Agent in 2016

    Ben Yirga

    Pulse Realty Group LLC

    12 Total Sales

    Ben Yirga
    Section Image

  • T

    Seller's Agent in 2015

    Tod Wever

    Rentmax Property Management

    (702) 525-1777

    41 Total Sales

    Tod Wever
    Section Image
  • Alexandra Malenkina

    Buyer's Agent in 2015

    Alexandra Malenkina

    Nevada Realty Experts

    (702) 417-3678

    98 Total Sales

    Alexandra Malenkina
    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 1584029

Las Vegas REALTORS®

APN: 163-26-110-865

Nevada Clark County Las Vegas 89118

5004 S Rainbow Blvd Unit 105, Las Vegas, NV

This home is located at 5004 S Rainbow Blvd Unit 105, Las Vegas, NV 89118 since 27 October 2015 and is currently estimated at $245,826, approximately $225 per square foot. This property was built in 1987. 5004 S Rainbow Blvd Unit 105 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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