NOT LISTED FOR SALE

5018 S Rainbow Blvd Unit 101 Las Vegas, NV 89118

Spring Valley Neighborhood

Estimated Value: $195,000 - $214,000

1 Bed
1 Bath
907 Sq Ft
$225/Sq Ft Est. Value

Last Sold February 09, 2016

Last sale price $68,000 $75 Per Sq Ft

Est. 200% increase in value since last sale

Current estimated payment $1,197/month

About This Home

As of February 2016

STUNNING CENTRALLY LOCATED CONDO!!! 1 BEDROOM, 1 BATHROOM, OPEN AND ENTERTAINING FLOOR PLAN, BALCONY WITH ADDITIONAL STORAGE, COVERED PARKING. UNIT LOCATED NEXT TO THE POOL AND TENNIS COURT. ALL OF THIS IN A GATED COMMUNITY. THIS IS A GREAT PLACE TO CALL HOME!!! CLEAN, CLEAN, CLEAN!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2019
Sold by
Seven Hearts Las Vegas Llc
Bought by
Vergara Tejero Honey
Current Estimated Value
$204,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,130
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 9, 2015
Closed on
Mar 21, 2016
Sold by
Dana Reshema
Bought by
Seven Hearts Las Vegas Llc
Seller's Agent
Mark Hostetler
WHN Realty
Buyer's Agent
Eric Wright
Key Realty Southwest LLC
List Price
$74,900
Sold Price
$68,000
Premium/Discount to List
-$6,900
-9.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.76%

Purchase Details

Listed on
Dec 9, 2015
Closed on
Jan 20, 2016
Sold by
Mtglq Investors Lp
Bought by
Dana Reshema
Seller's Agent
Mark Hostetler
WHN Realty
Buyer's Agent
Eric Wright
Key Realty Southwest LLC
List Price
$74,900
Sold Price
$68,000
Premium/Discount to List
-$6,900
-9.21%

Purchase Details

Closed on
Nov 18, 2015
Sold by
Covarrubias Victor and Covarrubias Celeste
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
Oct 24, 2005
Sold by
Trails Property Llc
Bought by
Covarrubias Victor and Covarrubias Celeste

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,035
Interest Rate
6%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Vergara Tejero Honey $129,000 Premier American Title
Seven Hearts Las Vegas Llc -- None Available
Dana Reshema -- None Available
Dana Reshema $68,000 Lawyers Title Of Nevada
Mtglq Investors Lp $77,000 Premier American Title
Covarrubias Victor $153,900 Stewart Title Of Nevada
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tejero Honey Vergara $120,000
Closed Vergara Tejero Honey $125,130
Previous Owner Covarrubias Victor $100,035
Previous Owner Covarrubias Victor $38,475
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2016 07/20/16 For Rent $825 +3.8% --
07/20/2016 07/20/16 Rented $795 0.0% --
02/09/2016 02/09/16 Sold $68,000 -9.2% $75 / Sq Ft
01/10/2016 01/10/16 Pending -- -- --
12/09/2015 12/09/15 For Sale $74,900 -- $83 / Sq Ft

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 $625 $36,114 $17,500 $18,614
2024 $645 $36,114 $17,500 $18,614
2023 $645 $40,289 $22,750 $17,539
2022 $583 $30,193 $14,000 $16,193
2021 $566 $29,832 $14,000 $15,832
2020 $547 $29,506 $13,650 $15,856
2019 $540 $29,184 $13,300 $15,884
2018 $516 $22,261 $6,650 $15,611
2017 $645 $22,008 $5,950 $16,058
2016 $484 $21,623 $5,250 $16,373
2015 $482 $19,929 $4,900 $15,029
2014 $467 $15,439 $4,200 $11,239
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2016

    Eric Wright

    Key Realty Southwest LLC

    9 in this area

    86 Total Sales

    Eric Wright
    Section Image

  • M

    Seller's Agent in 2016

    Mark Hostetler

    WHN Realty

    (702) 860-1441

    1 in this area

    30 Total Sales

    Mark Hostetler
    Section Image

  • F

    Buyer's Agent in 2016

    Franklin Raymond

    Realty ONE Group, Inc

    (702) 885-2728

    1 in this area

    6 Total Sales

    Franklin Raymond
    Section Image
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Map

Nevada Clark County Las Vegas 89118 Spring Valley

5018 S Rainbow Blvd Unit 101, Las Vegas, NV

This home is located at 5018 S Rainbow Blvd Unit 101, Las Vegas, NV 89118 and is currently estimated at $204,061, approximately $224 per square foot. 5018 S Rainbow Blvd Unit 101 is a home located in Clark County with nearby schools including Marion B Earl Elementary School, Grant Sawyer Middle School, and Durango High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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