NOT LISTED FOR SALE

5014 S Rainbow Blvd Unit 202 Las Vegas, NV 89118

Estimated Value: $242,521 - $267,000

2 Beds
2 Baths
1,091 Sq Ft
6,403 Sq Ft Lot

Last Sold January 08, 2020

Last sale price $153,900 $141 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,431/month

Highlights

  • Fitness Center
  • Community Pool
  • Balcony
  • Gated Community
  • Tennis Courts
  • Laundry closet

About This Home

As of December 2022

UPGRADED 2BED/2BATH SECOND FLOOR UNIT W/BALCONY & FIREPLACE. CARPET & VINYL PLANKS THROUGHOUT. CARPETED AREAS WILL BE REPLACED WITH LUXURY VINYL PLANKS AFTER THE EXISTING TENANT MOVES OUT. STAINLESS STEEL KITCHEN APPLIANCES. AVAILABLE AFTER 11/7/22. CURRENT TENANT VACATES THE END OF OCTOBER SO THE PROPERTY WILL NOT BE AVAILABLE UNTIL AFTER THE FIRST WEEK OF NOVEMBER TO ALLOW ENOUGH TIME FOR THE CARPETED AREAS TO BE REPLACED WITH LUXURY VINYL PLANK FLOORING. CREDIT SCORES UNDER 640 WILL NOT BE CONSIDERED. NO PETS ALLOWED!

Last Agent to Rent the Property

Gilbert Gildore

Keller Williams MarketPlace Brokerage Email: gilgildore@gmail.com License #BS.0027196 Listed on: 10/12/2022

Keller Williams MarketPlace

Last Renter's Agent

Fitsum Woche

Real Broker LLC License #BS.0146559

Real Broker LLC

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,017

Year Built

  • Built in 1987

Lot Details

  • East Facing Home
  • Property is in excellent condition

Parking

  • 1 Carport Space

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 1,091 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Window Treatments
  • Living Room with Fireplace

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Pots and Pans Drawers
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Washer and Dryer

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
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $1,550
  • Property Available on 11/7/22
  • Tenant pays for cable TV, electricity, gas
  • 12 Month Lease Term

Community Details

Overview

  • Property has a Home Owners Association
  • Vizcaya@The Trails Association, Phone Number (702) 795-3344
  • Trails Amd Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • No Pets Allowed

Security

  • Gated Community

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,017

Year Built

Built in 1987

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Cable TV, Electricity, Gas
  • Available Date: 2022-11-07
  • Security Deposit: 1550.0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential Lease
  • Subdivision Name: TRAILS AMD
  • Directions: RAINBOW & TROPICANA. S. ON RAINBOW, 1ST LEFT INTO VIZCAYA CONDOS. THROUGH LEFT GATE, 2ND BUILDING ON RIGHT. BUILDING 28. UPSTAIRS UNIT.
  • Architectural Style: Two Story
  • Carport Y N: Yes
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built: 1987
  • ResoPropertyType: ResidentialLease
  • Attribution Contact: gilgildore@gmail.com
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer/Dryer, Washer/DryerAllInOne, 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: Pot Rack, Window Treatments
  • Living Area: 1091.0

Exterior Features

  • Fencing: None
  • Pool Features: Community
  • Pool Private: No
  • View: None
  • View: No
  • Disclosures: Principal is Real Estate Licensed, Covenants/Restrictions Disclosure
  • Construction Type: Block, Stucco
  • Direction Faces: East
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony
  • Property Condition: Excellent
  • Roof: Tile

Garage/Parking

  • Carport Spaces: 1.0

Utilities

  • Laundry Features: Gas Dryer Hookup, Laundry Closet
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Fitness Center, Gated, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association: vizcaya@THE TRAILS
  • Association Phone #2: 702-795-3344
  • Association: Yes
  • Pets Allowed: No

Schools

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

Lot Info

  • Additional Parcels Description: ---
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2019
Closed on
Dec 4, 2019
Sold by
Offerpad Llc
Bought by
Gherghelah Viorel and Gherghelah Jacqueline Karen
Seller's Agent
Robert Jones
Offerpad
Buyer's Agent
Gilbert Gildore
Keller Williams MarketPlace
List Price
$154,900
Sold Price
$153,900
Premium/Discount to List
-$1,000
-0.65%
Current Estimated Value
$253,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,980
Avg. Annual Appreciation
9.06%
Original Mortgage
$138,510
Outstanding Balance
$122,117
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$131,763

Purchase Details

Closed on
Oct 21, 2019
Sold by
Obert Walter
Bought by
Offerpad Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,510
Outstanding Balance
$122,117
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$131,763

Purchase Details

Listed on
Feb 23, 2018
Closed on
Apr 16, 2018
Sold by
Emery Shirley
Bought by
Obert Walter
Seller's Agent
Ehren Alessi
LIFE Realty District
Buyer's Agent
Michele Aloia
Virtue Real Estate Group
List Price
$159,999
Sold Price
$157,500
Premium/Discount to List
-$2,499
-1.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.57%

Purchase Details

Closed on
Feb 12, 2015
Sold by
Ness Todd A and Ness Kourtney
Bought by
Emery Shirley

Purchase Details

Closed on
Dec 8, 2005
Sold by
Trails Property Llc
Bought by
Ness Todd A and Ness Kourtney
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gherghelah Viorel $153,900 First American Title
Offerpad Llc $139,243 First American Title
Obert Walter $157,500 Stewart Title Company F
Emery Shirley $57,000 Chicago Title Las Vegas
Ness Todd A $220,400 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gherghelah Viorel $138,510
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/02/2022 12/02/22 Rented $1,500 0.0% --
10/12/2022 10/12/22 For Rent $1,500 +25.0% --
02/25/2020 02/25/20 Rented $1,200 0.0% --
01/26/2020 01/26/20 Under Contract -- -- --
01/15/2020 01/15/20 For Rent $1,200 0.0% --
01/08/2020 01/08/20 Sold $153,900 -0.6% $141 / Sq Ft View Prior Sale
12/09/2019 12/09/19 Pending -- -- --
11/25/2019 11/25/19 For Sale $154,900 -1.7% $142 / Sq Ft
04/16/2018 04/16/18 Sold $157,500 -1.6% $144 / Sq Ft View Prior Sale
03/17/2018 03/17/18 Pending -- -- --
02/23/2018 02/23/18 For Sale $159,999 -- $147 / 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 $1,017 $41,337 $20,125 $21,212
2024 $836 $41,337 $20,125 $21,212
2023 $562 $46,090 $26,163 $19,927
2022 $733 $34,500 $16,100 $18,400
2021 $679 $34,118 $16,100 $18,018
2020 $628 $33,755 $15,698 $18,057
2019 $610 $33,368 $15,295 $18,073
2018 $592 $25,733 $7,980 $17,753
2017 $746 $25,437 $7,140 $18,297
2016 $562 $24,941 $6,300 $18,641
2015 $559 $23,840 $5,880 $17,960
2014 $543 $17,963 $5,040 $12,923
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2446161

Las Vegas REALTORS®

APN: 163-26-110-759