NOT LISTED FOR SALE

5024 S Rainbow Blvd Unit 202 Las Vegas, NV 89118

Spring Valley Neighborhood

Estimated Value: $184,231 - $208,000

1 Bed
1 Bath
841 Sq Ft
$168/mo HOA Fee

Last Sold December 07, 2017

Last sale price $93,500 $111 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $1,317/month

22 Days on Market

Highlights

  • Fitness Center
  • Community Pool
  • Cooling Available
  • Gated Community
  • Balcony
  • Laundry closet

About This Home

As of December 2017

Gated community located in the southwest very close to shopping center and short distance to highway 215. Huge living room with cozy fireplace, large bedroom. Nice balcony to enjoy the afternoons. Community offers pool and fitness center.

Last Agent to Sell the Property

Ken Weng

RE/MAX United License #B.0145279 Listed on: 11/14/2017

Last Buyer's Agent

Jerry Hu

Real Estate Planet LLC License #S.0169835

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $435

Year Built

  • Built in 1987

Lot Details

  • South Facing Home
  • Property is in good condition

HOA Fees

  • $168 Monthly HOA Fees

Home Design

  • Tile Roof

Interior Spaces

  • 841 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Carpet

Kitchen

  • Gas Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Uncovered Parking
  • Assigned Parking

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Gas
  • Cable TV Available

Community Details

Overview

  • Association fees include management, ground maintenance, recreation facilities, sewer, water
  • Vizcaya At The Trail Association, Phone Number (702) 795-3344
  • Trails Amd Subdivision

Recreation

  • Fitness Center
  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$435

Year Built

Built in 1987

Lot Details

0

HOA Fees

$168 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: TRAILS AMD
  • Directions: Head west on Tropicana Ave towards Thomas & Mack/ UNLV, turn left on Rainbow Blvd, Entrance will be on your left.
  • 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

  • Private Spa: No
  • Appliances: Dryer, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Family Room, Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet
  • Interior Amenities: None
  • Living Area: 841.0

Exterior Features

  • Fencing: None
  • Lot Features: None
  • Pool Features: Community
  • Pool Private: No
  • Direction Faces: South
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony
  • Property Condition: Good Condition, Resale
  • Roof: Tile

Garage/Parking

  • Parking Features: Assigned, Uncovered

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Fitness Center, Gated, Pool
  • Association Fee: 168.0
  • Association Fee Frequency: Monthly
  • Association Name: Vizcaya at the Trail
  • Phone: 702-795-3344
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Maintenance Grounds, Recreation Facilities, Sewer, Water

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
  • Lot Size Sq Ft: 6075.0
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 435.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2017
Closed on
Dec 6, 2017
Sold by
Suede Russell E
Bought by
Li Ye
Seller's Agent
Ken Weng
RE/MAX United
Buyer's Agent
Jerry Hu
Real Estate Planet LLC
List Price
$89,500
Sold Price
$93,500
Premium/Discount to List
$4,000
4.47%
Current Estimated Value
$197,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,808
Avg. Annual Appreciation
9.05%

Purchase Details

Closed on
Nov 8, 2005
Sold by
Trails Property Llc
Bought by
Suede Russell E and The Baseball Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,920
Interest Rate
5.93%
Mortgage Type
Fannie Mae Freddie Mac
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
Li Ye $93,500 Wfg National Title Co
Suede Russell E $139,900 Stewart Title Of Nevada
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Suede Russell E $98,480
Previous Owner Suede Russell E $111,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2017 12/07/17 Sold $93,500 +4.5% $111 / Sq Ft
11/14/2017 11/14/17 For Sale $89,500 0.0% $106 / Sq Ft
04/09/2014 04/09/14 For Rent $735 0.0% --
04/09/2014 04/09/14 Rented $735 0.0% --
02/06/2014 02/06/14 For Rent $735 0.0% --
02/06/2014 02/06/14 Rented $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 $712 $34,018 $16,625 $17,393
2024 $698 $34,018 $16,625 $17,393
2023 $698 $38,020 $21,613 $16,407
2022 $605 $28,438 $13,300 $15,138
2021 $561 $28,097 $13,300 $14,797
2020 $518 $27,787 $12,968 $14,819
2019 $485 $26,150 $11,305 $14,845
2018 $463 $19,913 $5,320 $14,593
2017 $580 $19,772 $4,760 $15,012
2016 $435 $19,507 $4,200 $15,307
2015 $433 $17,938 $3,920 $14,018
2014 $419 $13,864 $3,360 $10,504
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1946024

Las Vegas REALTORS®

APN: 163-26-110-621