$125,000
SOLD NOV 20, 2020

5018 S Rainbow Blvd Unit 201 Las Vegas, NV 89118

Spring Valley Neighborhood
1 Bed
1 Bath
907 Sq Ft
$178/mo HOA Fee

Recently Sold

$138 Per Sq Ft

4% Below List Price

12 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Community Pool
  • Gated Community
  • Main Floor Bedroom
  • Balcony

About This Home

As of November 2020

Large 2nd story 1 bedroom condo in great Spring Valley location. Close to new stadium, strip, shopping, schools and freeways. Amenities include pool, spa clubhouse & tennis courts. Appliances include washer, dryer and refrigerator. Also includes nice balcony. Great investor property.

Last Agent to Sell the Property

Irwin Kazen

General Realty Group Inc License #BS.0020486 Listed on: 10/08/2020

Last Buyer's Agent

Amanda Malekhedayat

Go Global Realty License #BS.0145790

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $540

Year Built

  • Built in 1987

Lot Details

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

HOA Fees

  • $178 Monthly HOA Fees

Home Design

  • Tile Roof

Interior Spaces

  • 907 Sq Ft Home
  • 2-Story Property

Kitchen

  • Gas Range
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • Covered Parking
  • 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
  • Cable TV Available

Community Details

Overview

  • Association fees include management, common areas, ground maintenance, recreation facilities, security, taxes, water
  • Viscaya @ The Trails Association, Phone Number (702) 795-3344
  • Trails Amd Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Park

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$540

Year Built

Built in 1987

Lot Details

0

HOA Fees

$178 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Ownership: Condominium
  • Subdivision Name: Trails Amd
  • Directions: From Tropicana & Rainbow, south on Rainbow. east into Vizcaya through gate and left to building 25
  • Architectural Style: Two Story
  • Carport Y N: No
  • 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: VirtualTour
  • Stories: 2
  • Year Built: 1987

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Disposal, Gas Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Interior Amenities: Bedroom on Main Level
  • Living Area: 907.0

Exterior Features

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

Garage/Parking

  • Parking Features: Assigned, Covered, Guest

Utilities

  • Laundry Features: Gas Dryer Hookup, Laundry Closet, Upper Level
  • 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, Park, Pool, Recreation Room, Spa/Hot Tub
  • Association Fee: 178.0
  • Association Fee Frequency: Monthly
  • Association Name: Viscaya @ the Trails
  • Phone: 702-795-3344
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Maintenance Grounds, Recreation Facilities, Security, Taxes, Water

Schools

  • Elementary School: Earl Marion B,Earl Ira
  • 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: 950.0

Tax Info

  • Tax Annual Amount: 540.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2020
Closed on
Nov 19, 2020
Sold by
Dedich Alexander Charles
Bought by
Jmw Property Ventures Llc
Seller's Agent
Irwin Kazen
General Realty Group Inc
Buyer's Agent
Amanda Malekhedayat
Go Global Realty
List Price
$129,900
Sold Price
$125,000
Premium/Discount to List
-$4,900
-3.77%
Current Estimated Value
$204,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,950
Avg. Annual Appreciation
11.06%

Purchase Details

Closed on
Jul 23, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Dedich Alexander Charles

Purchase Details

Closed on
Apr 16, 2009
Sold by
Robertson Timothy S and Siu Karen
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 26, 2006
Sold by
Trails Property Llc
Bought by
Robertson Timothy S and Siu Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,120
Interest Rate
5.87%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $125,000 Ticor Title Las Vegas
Grant Deed $44,250 Fidelity National Default So
Trustee Deed $77,426 Fidelity National Default So
Bargain Sale Deed $171,400 Stewart Title Of Nevada
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $137,120 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2023 07/27/23 Rented $1,225 0.0% --
07/14/2023 07/14/23 For Rent $1,225 0.0% --
11/20/2020 11/20/20 Sold $125,000 -3.8% $138 / Sq Ft
10/21/2020 10/21/20 Pending -- -- --
10/08/2020 10/08/20 For Sale $129,900 0.0% $143 / Sq Ft
03/14/2014 03/14/14 Rented $735 0.0% --
02/12/2014 02/12/14 Under Contract -- -- --
02/06/2014 02/06/14 For Rent $735 -- --
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 $792 $36,114 $17,500 $18,614
2024 $734 $36,114 $17,500 $18,614
2023 $734 $40,289 $22,750 $17,539
2022 $674 $30,193 $14,000 $16,193
2021 $624 $29,832 $14,000 $15,832
2020 $577 $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

  • Jessica Gibbs

    Seller's Agent in 2023

    Jessica Gibbs

    Go Global Realty

    (702) 908-8222

    2 in this area

    51 Total Sales

    Section Image

  • R

    Buyer's Agent in 2023

    Renaud Hunter

    Go Global Realty

    (702) 556-0775

    10 Total Sales

    Section Image

  • I

    Seller's Agent in 2020

    Irwin Kazen

    General Realty Group Inc

    (702) 254-6100

    1 in this area

    5 Total Sales

    Section Image

  • A

    Buyer's Agent in 2020

    Amanda Malekhedayat

    Go Global Realty

  • R

    Seller's Agent in 2014

    Rachael Leeder

    Winning Realty

See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 2238153

Las Vegas REALTORS®

APN: 163-26-110-714

Nevada Clark County Las Vegas 89118 Spring Valley

5018 S Rainbow Blvd Unit 201, Las Vegas, NV

This home is located at 5018 S Rainbow Blvd Unit 201, Las Vegas, NV 89118 and is currently priced at $125,000, approximately $137 per square foot. This property was built in 1987. 5018 S Rainbow Blvd Unit 201 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.

Las Vegas REALTORS® The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. Information is deemed reliable but not guaranteed. Copyright 2025 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.

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